Chengdu Galencia Property Co. Ltd will be launching the sales of their residential units known as Chelsea Residences@ CFC development in Chengdu in Singapore from March 5-6 at Raffles City Convention Centre Level 3. The maiden launch by Chengdu Galencia, the first one in Singapore from a mainland Chinese developer, is timely as there are growing Singaporean (private and institutional) interests in China.
The CFC development also known as “Chinese Financial Centre” was conceived as a business platform allowing overseas Chinese to network and connect with local businesses for greater access into China and/or internationally. It is located in the heart of the financial zone of the High-Tech park of Chengdu, the fastest growing sector in China. Its close proximity to government offices, high-end residential area, its immediate surrounding of 300 of FORTUNE 500 companies, more than 2,000 foreign SMEs, and basement connectivity to the Metro (sub-way) make the CFC development a very strategic location in Chengdu.
The CFC development valued in excess of RMB4 billion (about S$1 billion) comprises 380,000 square meters, a height of 175 meters, four towers, five-story commercial center and four levels of underground parking spaces. They are all integrated in a “four in one” building making the development seamlessly connected to complete residents’ lifestyle needs.
The CFC development incorporates design concepts from the US and Japan via a well-known Taiwanese architect, Archasia Design Group (Taiwan). The former works are Taipei Cultural and Sports Park, Taipei Arena, national palace museum Taipei, Kaohsiung National performing arts center, Taipei County Municipal building, Madarin oriental hotel etc…, It is being built in conformity with the United States green buildings (LEED) certification standards for planning, designing and building.
Chelsea Residences comprise 430 high-end apartment units with sizes ranging from 88sm (1 bedroom) – 135sm (2 bedrooms), are themed along 3 luxurious appointed brands namely; Harmonia, Benefique and Farrino. Prices start from RMB17,800psm (S$3,870psm) for the luxurious fitted apartment. They could be furnished at affordable prices for rent to ever-increasing pool of expatriates.
Chelsea Residences will be operated like a service apartment allowing residents to enjoy the “comfort of a home with a 5-star hotel services” which serviced by the International butler academy according with the contract signed between. Residents get the opportunity to subscribe for services they require, thus, eliminating some expense/services they do not need. Investors, however, would have the opportunity to let their units to a service apartment operator, operated by the developer.
The CFC development is slated to be completed in December, 2017.