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IRWELL HILL RESIDENCES

Name: Sales in IRWELL HILL RESIDENCES started!
Start: 2022-06-07T08:29:37.927442+00:00
End: 2023-12-31T23:59:59+0000
Location: IRWELL HILL RESIDENCES

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Project info

Object ID: 20448

Finished at	September 2026
Price, m²	From 2860$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 37.00 m²
Floors	42
Apartments	540
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Underground parking Fitness Pool Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
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Return on investment for apartment

with price

8,078$

Rental income

1,103$

Management

689$

Utilities

403$

5% Income tax

5,883$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	25$	225$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		193		8078$
Average		52%		37$

Total invested

105,820$

Net profit

5,883$

Payback period

13.1 years

Avg property value increase per year

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About the project

Taking as a base the highly efficient and cost-effective design by Singapore-based ADDP Architects, MVRDV’s façade designs add variety and the potential for greenery to the buildings’ external appearance, and a sense of individuality to the apartments inside.

The 36-storey Irwell Hill Residences are in close proximity of to a wide range of shopping, dining, and entertainment options in Orchard Road, Singapore River and Great World. For the project design, developer CDL hired ADDP Architects to create a design that utilised prefabricated prefinished volumetric construction (PPVC), a type of construction in which entire rooms, including their finished surfaces and facades, are built in a factory and stacked together on site. This technique has a number of benefits, including a fast on-site construction time and high quality finishes; its downside, however, is that it often results in a repetitive and unimaginative appearance.

Developer

MVRDV was founded in 1993 by Winy Maas, Jacob van Rijs and Nathalie de Vries. Based in Rotterdam, the Netherlands, we have a global scope, p…
Details about MVRDV

Contacts of IRWELL HILL RESIDENCES sales department

Hotline

+995 (558) 7000 88

Toll-free number (USA):
+1 855 588 8066

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