Irwell Hill Residences is situated on Irwell Bank Road, just off River Valley in prime DIstrict 9. The upscale condominium sits on an elevated site of 137,638 sq ft.
It is one of the few government land sites that is located within a prime area. it was released for sale through the Government Land Sales (GLS) programme in the second half of 2019. The site received seven bids at the close of its tender, and City Developments Ltd (CDL) won it with a top bid of $583.9 million in January 2020.
Irwell Hill Residences has a total of 540 units across two 36-storey towers. Unit types range from studios to four-bedroom premium apartments measuring 398 sq ft to 1,582 sq ft. There are also four- and five-bedroom sky penthouses from 2,185 to 2,605 sq ft.
When the development was launched in April, 278 units (or 51.5% of the total number of units) — including one 4-bedroom sky penthouse — were snapped up on its launch weekend. The sky penthouse was sold for over $9 million (or $4,123 psf).
To date, around 74% of the project has been sold, according to Chia Ngiang Hong, CDL’s group general manager.
Apart from being a hit with buyers, Irwell Hill Residences has struck the right chord with industry experts. The development clinched the prize for Top Development in the category of uncompleted projects in the Central Region at the EdgeProp Excellence Awards (EPEA) 2021.
“I like the way the development optimises its naturally elevated terrain to create a large private green space for the residents to engage and be engaged,” says Lee Nai Jia, deputy director, Institute of Real Estate and Urban Studies, at the National University of Singapore.
Irwell Hill Residences was designed with sustainability and wellness in mind, says CDL’s Chia.
It features lush landscaping, while at the same time addresses our lifestyle changes with increased emphasis on wellness and health,” adds Chia. “The architecture by Dutch architectural firm MVRDV connects the botanical landscaping with the outdoor spaces of the balconies to create a green and enjoyable dwelling experience.”
MVRDV had envisioned a nature-inspired space, with over 75% of the site devoted to landscaping, including four majestic raintrees that were conserved. An efficient sustainable construction method has been deployed for the project.
Within, homeowners get to enjoy apartments with thoughtful touches. These include flexible spaces that can accommodate residents working from home.
The function rooms within the development can also be easily converted to host meetings and conferences, says Chia. “Irwell Vista, located on Level 24 of both towers, features a purpose-designed workspace exclusively for residents — Vista Co-Work. The bespoke workstations are equipped with WiFi and charging points, all in a setting that offers a spectacular view of the sky framed by greenery,” he adds.
Irwell Hill Residences enjoys a central location with proximity to Orchard Road, Tanglin, Dempsey Road and Clarke Quay. It is also near Great World City and Great World MRT Station.
The latest transaction at Irwell Hill Residences was for a 614 sq ft, two-bedroom unit on the 19th floor that was sold for $1.65 million ($2,691 psf) on Nov 14, based on caveats lodged with URA. Prior to that, a 657 sq ft, two-bedroom unit on the 26th floor was transacted for $1.88 million ($2,868 psf) on Nov 12.