Build to Sell Residential
Repositioning pre-completion
Equity Joint-Venture
Telok acquired the “de-risked” residential project with development plans approved and construction contract in place. Telok identified the value creation opportunity by increasing the number of units from 80 to 160 through minor modification of the unit internal layout and provision of family oriented amenities including rooftop farm, rooftop lounge and rooftop playground.
The Verde is a unique collection of chic boutique apartments. It is a specific response to a recognition that many first time buyers at the start of their careers are being excluded from many new residential developments by price. The Verde is a unique collection of chic boutique apartments. It is a specific response to a recognition that many first time buyers at the start of their careers are being excluded from many new residential developments by price .
160 units . 42 car parks . 391-807 sq.ft.
Site Area | 1479 sq.m./ 15,920 sq.ft.
Gross Floor Area | 10,446 sq.m./ 112,440 sq.ft.