Waterfront Waves Kicks Off Bedok Development

Source : Asia Property Report, January 2008

Phase one of the Waterfront collection set for Q1

Frasers Centrepoint Limited and Far East Organization have announced plans for the launch of phase one of the Waterfront collection, which is expected to take place by the first quarter of 2008.

The first joint venture between the two companies, the Waterfront collection is located on Bedok Reservoir Road and is believed to be the largest residential development in area and one of the last private projects to have direct water frontage. The two developers are even engaging the Public Utilities Board (PUB) in talks to explore ways of enhancing the neighbourhood’s communal parks and water bodies.

The first of four phases of the development will be known as Waterfront Waves, while subsequent launches will have their own unique condominium names. Waterfront Waves will include 405 units, with more than 60% of all units enjoying reservoir views.

Cheang Kok Kheong, COO of Frasers Centrepoint Homes, said: “We’re pleased to be working with Far East Organization in the development of the Waterfront collection and are excited about the possibility of partnering PUB in their efforts to revitalise and beautify the landscape and water bodies in the Bedok Reservoir area.

“This is a wonderful opportunity for us to actively contribute to our society and support the Clean and Green Singapore programme,” he added. “We’re also making efforts to incorporate eco-friendly and energy-saving features in Waterfront Waves.”

Chia Boon Kuah, COO of Property Sales for Far East Organization, was also enthusiastic about the collaboration. “Waterfront Waves is the first of a series of exciting, innovative housing concepts we’re introducing to the area, where the extensive water bodies and verdant natural surroundings will be developed to their full potential,” Chia said. “We’re confident this high-quality product will be well received by the market.”