Le Nouvel Ardmore luxury apartment was customised for the end-user
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A 28th-floor unit in Le Nouvel Ardmore is purchased for an impressive $22,288,888 at the end of June the unit’s cost of $5,800 per square foot established an all-new benchmark for the 43-unit luxurious condominium in Ardmore Park on the basis of psf.
The 3,843 square feet four-bedroom apartment was sold fully furnished. Its buyer was a billionaire who hails from Inner Mongolia, also owns an identical apartment located on the 23rd floor in the same building, which the buyer purchased in March of 2017, when the freehold development was launched. In accordance with a caveat that was lodged in the past, he bought the four-bedroom apartment on the lower floor for a basic unit, and had paid $15.575 million ($4,005 per square foot).
The $5,800 price per square foot for the unit on the 28th floor established the foundation for the following deal, a unit on the eighth floor that brought in $22.289 million ($5,800 per sq ft) in the beginning of July. The project was created through Wing Tai Holdings, Le Nouvel Ardmore was completed in 2014 and is more than the 74% sold so far on the basis of caveats filed.
Supply is shrinking
“Such high prices reflect the declining quantity of luxurious properties and, in particular, huge-format, four-bedroom apartments that exceed 3,000 square feet” states Bruce Lye, managing partner of SRI.
Le Nouvel Ardmore is named after the French design architect Pritzker Prize laureate Jean Nouvel. While the apartment has been completed since 2014 its style is modern, as it was built “to last for a long time” according to Robert Cheng, founder and chief designer of the Brewin Design Office.
The design of the interior of the 28th-floor unit which was the subject of record-breaking prices is particular to Cheng since it was his first venture into custom residence design right after he established Brewin Design Office in 2013.
Since since then, Brewin Design Office has been the architect behind various other luxury developments. One of these was a showcase unit in Swire Properties’ Eden at Draycott Park. The 20-unit property was sold in a block by Tsai Holdings, a subsidiary of the Tsai family from Want Want Holdings for $293 million in March 2021.
Cheng is also the architect of The sales gallery which is one of the showflats, and also for Interiors and interiors at the luxury 54-unit condominium Park Nova, owned by the Hong Kong-listed Shun Tak Holdings, a conglomerate that has investments that extend to Hong Kong and Macau and owned by the billionaire Pansy Ho.
The project was launched in May of last year, the project almost exploded into popularity. Park Nova became the most well-known example of a luxurious condo in Singapore. The most expensive price in Park Nova was $34.438 million ($5,838 per square foot) and was for the purchase of its largest penthouse measuring 5,899 sq feet that was bought within the first few hours of the launch. A majority of buyers are thought to be Chinese citizens. More than 74% in the homes have sold at an average price of $4,948 per square foot, based on caveats filed so far.
Shun Tak’s other venture includes Les Maisons Nassim which has just 14 apartments in Nassim Road. The apartments start at 6,049 sq feet and range from $34.6 million ($5,153 per sq ft). The only penthouse that was 12,077 square feet sold for $75 million ($6,210 per square foot) in the month of October in 2021. Les Maisons Nassim was launched simultaneously with Park Nova in May 2021 and approximately half the units have sold with prices that average $5,589 per sq ft.
Apartments can be customized to suit your needs.
“These transactions are an indication of the general trends of the ultra-luxury sector in Singapore that is advancing to the $5,000-$6,000 per square foot range,” Cheng writes. Cheng.
At this cost it is evident that buyers are more sophisticated and prefer their homes to be customized according to him. They’re also prepared to invest “millions” to design the interiors that fit their preferences.
Although Le Nouvel Ardmore was designed around a decade ago it’s still relevant to those who are wealthy today. Cheng was employed by Ateliers Jean Nouvel in Paris in the year 2000, when Nouvel himself was working on Le Nouvel Ardmore, his first residential development located in Singapore in the region of Asia.
Although Cheng did not participate when it came to the concept in the design of Le Nouvel Ardmore, he is aware of the thinking behind the design. “The structure was created similar to a Tetris-like block,” he says. “If you take it in a row across columns the entire structure is identical and is the grid in three dimensions; and most space is rectilinear, and located inside the grid.”
While there are 43 units in Le Nouvel Ardmore, there are 17 different types of apartments. Two units on the 28th level, however, are the same with a L-shaped shape and mirror image of one another.
The unit on the 28th floor that Cheng created was owned by one of the initial two purchasers from Le Nouvel Ardmore. They purchased the units in the early stages of the project, in the time that the project was being constructed. Cheng was able to modify the entire apartment, which included changing the position of the bathrooms. This was something he could not have been in a position to do once the construction was complete.
The house was designed to be an extra residence for a family from Hong Kong: a mother and two grown-up kids and one of them is married. Cheng thus transformed the four-bedroom house into a three-bedroom home that includes a master suite as well as 2 junior master suites. Each room is unique and is unique and has a distinct style according to the person who will be living there Cheng says. Cheng.
The inspiration for the design of the 28th floor unit was derived from the view. According to Cheng the apartment offers incredible, unobstructed views to the west. “When you’re on the balcony from 4pm to 5pm, it’s possible to can enjoy the amazing light of dusk as the sun sets,” he says. “So it was the idea to introduce blue tones into the home.” The entire house with an 3.2m high ceiling was renovated. Original white marble blocks were substituted with the pattern of a checkered pattern of squares and rectangles that is an extension in the pattern of Tetris blocks. The layout of the house has been altered, instead of having four bedrooms that have en suites the new one features 2 junior suites as well as the master bedroom. Even the rear of the unit was altered to give more space behind the house Cheng adds Cheng. Since there are now only three rooms instead of the four bedrooms, these bedrooms have been made 1.5 times bigger than the initial. Bathrooms for children were modified: the daughter now married, is equipped with a two vanity sink, while the son who was single at the time had only 1 sink inside his bath. Cheng was flown to China to personally pick his blue quartzite stones to be used in the master bathroom after taking down the standard marble. The carpet was even redesigned to match the grey-blue hues that the flooring of the living area. Walls, windows and ceilings have been adorned with an stucco in a light blue. “Every white surface of the apartment has been coated with a stucco layer,” he says. “The entire apartment has been designed to be extremely serene and serene, with a white color scheme and a subtle hint in blue.” The refurbishment of the apartment located on the 28th floor taken around 18 months to finish, and was estimated to cost $2.5 million according to Cheng. Because a significant portion of the furniture was custom-made and a lot of the woodwork was completed by skilled craftsmen from Australia the design was “impossible” to duplicate the design in Singapore in the present, he says. “We made every feature to meet the needs of the client and are only doing it in a limited way,” according to Cheng. He is currently working on a customisation of the 6,168 sq ft duplex penthouse in Four Seasons Park for its Chinese owner. Based on caveats that were lodged in the 6,168 square foot penthouse located on the 26th floor in Four Seasons Park was sold for $19 million ($3,081 per square foot) at the end of May in 2021. It’s the second-highest deal to date in absolute value for the 202-unitfreehold condominium built through Hotel Properties and completed in 1994. For price per sq. ft it’s also the fourth-highest to the present. Cheng has begun the complete renovation of the penthouse in Four Seasons Park, which is currently being built. The owner has brought the in Italian sculptures to embellish his home. The cost of the transformation in the penthouse was $3 million. If a house is constructed to be used by the buyer it is essential to put money into the interior design as well, according to Cheng. “Often in Singapore homebuyers believe that when they pay more for a home or even a parcel of land, they must spend less on interior and architectural design since they offer less value for resale,” he observes. However, these properties are known to be expensive as evident by recent prices for transactions. Apart from the interiors of luxury houses, Cheng is also involved in the design of interiors for luxurious hospitality projects. Brewin Design Office has been developing two hotels properties situated in Niseko in Japan and Kyoto in Capella Hotel Group. Capella Hotel Group. “We love creating interiors that are designed for the luxury market,” says Cheng.
What is important for Cheng was that his design has stood the years. Cheng was searching for pieces of art for the house, like the screen was designed by an French designer. The furniture made of timber was developed by Cheng and then made by artisans in Australia before being shipped to Singapore.Multimillion-dollar interior design