The Reef at King’s Dock sells more than 90% of units released on launch weekend

The launch of The Reef at King’s Dock saw positive response, with more than 90% of the 300 units released sold over the launch weekend

SINGAPORE – Mapletree Investments (“Mapletree”) and Keppel Land Limited (“Keppel Land”) have achieved a strong take-up of their luxury waterfront project, The Reef at King’s Dock, with 280 of the 300 units released sold over the launch weekend of January 30 and 31. Prices ranged from $2,000 psf to $2,800 psf, with the average price at $2,330 psf. Due to the strong demand, another 100 units were added to the initial 200 units released.

There was a good mix of sales for the one- to three-bedroom units, with all the one-bedroom units of the development fully sold. The remaining units of The Reef at King’s Dock comprise a mix of premium two- and three-bedroom units which will be released in subsequent phases.

Amy Ng, Regional Chief Executive Officer, South East Asia & Group Retail, Mapletree, said, “We are pleased that The Reef at King’s Dock has been well received by the public during the launch. The luxurious features and the waterfront experiences offered by the development, coupled with the convenient location with easy access to many amenities are key elements that make the development a lovely place to call ‘home’. As future plans for the Greater Southern Waterfront roll out, The Reef at King’s Dock will be well-placed to benefit from the enhancements and growth in the precinct.”

Ng Ooi Hooi, President (Singapore and Regional Investments), Keppel Land, said, “We are heartened by the positive take-up of The Reef at King’s Dock, which reflects the trust that discerning homebuyers have in Mapletree and Keppel Land in delivering high-quality homes with thoughtful features. Based on feedback received, homebuyers were drawn to the aesthetic blend of urban and nature elements in the design of The Reef at King’s Dock, quality interiors as well as the iconic floating deck, which is Singapore’s first in a residential development. We are confident that the project’s excellent attributes will continue to attract interest from prospective homebuyers and investors.”

The Reef at King’s Dock’s sales gallery opened for preview on 16 January 2021 and drew a total of more than 9,000 visitors over the two-week preview period. The positive sales momentum over the launch weekend was largely driven by strong demand from a good mix of singles, young couples and families, who were drawn to the project’s prime location and myriad offerings. More than 90% of the homebuyers over the launch weekend are Singaporeans and permanent residents, with a good mix of owner occupiers and investors.

In accordance with COVID-19 safe distancing measures, sales bookings were held virtually from the offices of the appointed marketing agencies ERA Realty, Huttons Asia and PropNex.

About The Reef at King’s Dock

The Reef at King’s Dock one-bedroom show suite

Jointly developed by Mapletree and Keppel Land, The Reef at King’s Dock is strategically located in the HarbourFront and Keppel Bay precincts, and is within the Greater Southern Waterfront, which the government plans to transform into a new major gateway for urban living along Singapore’s southern coast.

A sustainable, next-generation luxury development for discerning urbanites, The Reef at King’s Dock comprises 429 exclusive units and encompasses the convenience of city-living, the tranquillity of nature and the luxury of true waterfront living.

Future residents will appreciate The Reef at King’s Dock’s accessibility. The development is just a short stroll away from HarbourFront MRT station, minutes away from the central business district and Mapletree Business City, and well connected to other parts of Singapore. Residents can also look forward to indulging in various lifestyle, recreational and nature-centric experiences with the development’s proximity to a wide range of retail, dining and leisure amenities, including VivoCity, Sentosa Island, Marina at Keppel Bay, Mount Faber and Labrador Nature Reserve.

The Reef at King’s Dock was conceptualised and designed by master planner and architect, Kees Christiaanse, an award-winning and visionary industry veteran and founder of KCAP Architects & Planners. The three distinct building types, namely, the Courtyard Blocks, Garden Villas and Urban Villas, will be intelligently oriented to facilitate natural ventilation as well as maximise scenic views. The interplay of building sizes will provide the estate an unrivalled private and spacious atmosphere.

The Reef at King’s Dock will also feature Singapore’s first floating deck in a residential development, located within the waters of King’s Dock. Spanning 180 metres, the iconic floating deck will house an ensemble of swimming pools – an Olympic-length pool, a leisure pool and a rejuvenation pool.

The floating deck will give residents and visitors a unique perspective of King’s Dock and enable them to better appreciate its historical role and significance. In addition, the floating deck will house The Reef at King’s Dock’s very own marine viewing area where residents and visitors will be able to view and better appreciate the marine ecology in King’s Dock, thus further promoting environmental awareness and conservation.

Environmental consulting firm and marine ecology specialist, DHI, has been engaged to design the submerged surface of the concrete floating deck to follow ecologically based design principles that will encourage the settlement of marine flora and fauna and enhance marine biodiversity at King’s Dock. Keppel had previously carried this out successfully at Marina at Keppel Bay, where the floating concrete pontoons in the marina have since been colonised by a rich variety of marine life. DHI will also be engaged to cultivate corals at and transplant corals to The Reef at King’s Dock, to further enrich the biodiversity of King’s Dock.

The development is expected to be completed by 2025.


Sales gallery details

The Reef at King’s Dock’s sales gallery is located at the end of HarbourFront Avenue. The sales gallery features three unit types – one-bedroom, two-bedroom and three-bedroom.

Viewing is strictly by appointment only. To make an appointment, please call 6966 2801 or visit www.thereef.com.sg.

Keppel Corporation Limited does not expect the abovementioned transactions to have any material impact on its net tangible assets per share and earnings per share for its current financial year.

Media Contacts

Mapletree

Eileen Lee

Manager, Corporate Communications

Tel: +65 6659 3669

Email: eileen.lee@mapletree.com.sg

Freda Tan

Executive, Corporate Communications

Tel: +65 6807 4045

Email: freda.tan@mapletree.com.sg

HO CHI MINH CITY – More than 300 wildlife photography enthusiasts and birdwatchers gathered at SC VivoCity in Ho Chi Minh City at the opening and prize presentation ceremony of the ‘Wild Birds and Mammals of Vietnam’ Photography Exhibition. Now in its second year running, this year’s exhibition held from 12 to 17 October focuses on the theme of endangered birds and mammal species in Vietnam, and is jointly organised by WildTour, the Vietnam Wildlife Photography Club and BirdLife International, supported by the Ho Chi Minh City Photography Association (HOPA), and sponsored by Mapletree Investments, Canon Vietnam and Lexar. ‘Wild Birds and Mammals of Vietnam’ is a culmination of a month-long, nationwide photography competition with a focus on Vietnam’s endangered species from July 2024 to early September 2024. 

This year’s exhibition profiles wild birds and mammals in Vietnam. Vietnam supports some of the highest concentration of endangered species in Southeast Asia. Of note is Vietnam’s diversity of primates, among the most imperilled primate faunas in the world, and home to the charismatic Tonkin Snub-nosed Monkey and the Delacour’s Langur. Similarly,  Vietnam’s bird fauna is rich but threatened by habitat loss and trapping for the pet trade. ‘More than 400 images were received by our team, many of them exceptionally high-quality images of some of Asia’s rarest bird and mammal species’, observed Mr Nguyen Truong Sinh, lead organiser of the competition and chairperson of the Vietnam Wildlife Photography Club. He also chaired the judging panel with seven other experts. Dr Yong Ding Li who represents BirdLife International on the panel agreed and noted that the images received were more diverse than the inaugural competition in 2023 and reflects a rapidly growing interest in nature photography in Vietnam.

The Exhibition coincided with the World Migratory Bird Day weekend on 12 October 2024, held twice a year to celebrate the spectacular movement of birds across the globe every Spring and Autumn. Over this time, millions of migratory birds can be expected to be on their journeys across the Asian continent, moving from wetlands to wetlands along the East Asian-Australasian Flyway, including here in Vietnam. Several migratory species were featured among the exhibited images, including among them the Spoon-billed Sandpiper, Great Knot and Wallcreeper, the last an extremely rare visitor to northern Vietnam.

Mr Edmund Cheng, Chairman, Mapletree, added: “We are pleased to witness our support for environmental awareness in Vietnam gain momentum, starting from our first migratory bird event in 2023 at the wetlands of Can Gio. This commitment is influenced by Mapletree’s environment and education pillars, two of the four pillars under our Corporate Social Responsibility framework to enrich communities in markets where we operate.”

“It was great to see the high quality of submissions received from not just photographers in south Vietnam, but also from further away in Ha Noi and Da Nang. I was particularly impressed with the fantastic selection of  Vietnam’s endemic and wild birds documented in these photographs. The selection of mammals was equally impressive, with some of the best shots of the rare Cat Ba Langur. Eventually our committee of judges agreed that the Tonkin Snub-nosed Monkey image by Mr Chung Van Thanh was the best of the lot”, observed Mr Nguyen Hoai Bao, director of WildTour and chairperson of the judging panel with five other experts.  

This year’s exhibition is the fourth World Migratory Bird Day event supported by Mapletree since 2023, starting from the ‘Celebrating Migratory Birds in Vietnam’ activity organised in Can Gio wetlands by WildTour and BirdLife. In 2024, Mapletree supported the first ever Vietnam Bird Race, held at Tràm Chim National Park. The organisers and supporters of this event plan to build on the success of this year’s event and introduce new elements to attract more bird and nature enthusiasts from across Vietnam. The Vietnam Bird Race will take place annually and the next iteration is slated to be held in May 2025. 

Figure 1. Chung Van Thanh’s portrait of a Tonkin Snub-nosed Monkey, among Southeast Asia’s rarest mammals, won the first prize. 

Figure 1. Chung Van Thanh’s portrait of a Tonkin Snub-nosed Monkey, among Southeast Asia’s rarest mammals, won the first prize. 

Figure 1. Chung Van Thanh’s portrait of a Tonkin Snub-nosed Monkey, among Southeast Asia’s rarest mammals, won the first prize. 

Figure 1. Chung Van Thanh’s portrait of a Tonkin Snub-nosed Monkey, among Southeast Asia’s rarest mammals, won the first prize. 

Figure 1. Chung Van Thanh’s portrait of a Tonkin Snub-nosed Monkey, among Southeast Asia’s rarest mammals, won the first prize. 

MEDIA CONTACTS

Xabryna Kek

Assistant Manager, Corporate Communications

Mapletree Investments Pte Ltd

Tel: (65) 6377 4608

Email:xabryna.kek@mapletree.com.sg

Linus Lui

Assistant Manager, Corporate Social Responsibility

Mapletree Investments Pte Ltd

Tel: (65) 6377 6376

Email:linus.lui@mapletree.com.sg

Linus Lui

Assistant Manager, Corporate Social Responsibility

Mapletree Investments Pte Ltd

Tel: (65) 6377 6376

Email:linus.lui@mapletree.com.sg

Headquartered in Singapore, Mapletree is a global real estate development, investment, capital and property management company committed to sustainability. Its strategic focus is to invest in markets and real estate sectors with good growth potential. By combining its key strengths, the Group has established a track record of award-winning projects, and delivers consistently attractive returns across real estate asset classes.

The Group manages three Singapore-listed real estate investment trusts (“REITs”) and nine private equity real estate funds, which hold a diverse portfolio of assets in Asia Pacific, Europe, the United Kingdom (“UK”) and the United States (“US”). As at 31 March 2024, Mapletree owns and manages S$77.5 billion of office, retail, logistics, industrial, data centre, residential and student accommodation properties.

The Group’s assets are located across 13 markets globally, namely Singapore, Australia, Canada, China, Europe, Hong Kong SAR, India, Japan, Malaysia, South Korea, the UK, the US and Vietnam. To support its global operations, Mapletree has established an extensive network of offices in these countries.

For more information, please visit mapletree-dev.altis.cloud.

BirdLife International is a partnership of over 122 conservation organisations worldwide covering all continents, landscapes, and seascapes. As a leader in bird conservation, our unique local to global approach enables us to deliver high impact and long-term conservation for the benefit of nature and people. Our mission is to conserve birds, their habitats and global biodiversity, while working with people toward sustainability in the use of natural resources.
Find out more at www.BirdLife.org 

HO CHI MINH CITY – More than 300 wildlife photography enthusiasts and birdwatchers gathered at SC VivoCity in Ho Chi Minh City at the opening and prize presentation ceremony of the ‘Wild Birds and Mammals of Vietnam’ Photography Exhibition. Now in its second year running, this year’s exhibition held from 12 to 17 October focuses on the theme of endangered birds and mammal species in Vietnam, and is jointly organised by WildTour, the Vietnam Wildlife Photography Club and BirdLife International, supported by the Ho Chi Minh City Photography Association (HOPA), and sponsored by Mapletree Investments, Canon Vietnam and Lexar. ‘Wild Birds and Mammals of Vietnam’ is a culmination of a month-long, nationwide photography competition with a focus on Vietnam’s endangered species from July 2024 to early September 2024. 

This year’s exhibition profiles wild birds and mammals in Vietnam. Vietnam supports some of the highest concentration of endangered species in Southeast Asia. Of note is Vietnam’s diversity of primates, among the most imperilled primate faunas in the world, and home to the charismatic Tonkin Snub-nosed Monkey and the Delacour’s Langur. Similarly,  Vietnam’s bird fauna is rich but threatened by habitat loss and trapping for the pet trade. ‘More than 400 images were received by our team, many of them exceptionally high-quality images of some of Asia’s rarest bird and mammal species’, observed Mr Nguyen Truong Sinh, lead organiser of the competition and chairperson of the Vietnam Wildlife Photography Club. He also chaired the judging panel with seven other experts. Dr Yong Ding Li who represents BirdLife International on the panel agreed and noted that the images received were more diverse than the inaugural competition in 2023 and reflects a rapidly growing interest in nature photography in Vietnam.

The Exhibition coincided with the World Migratory Bird Day weekend on 12 October 2024, held twice a year to celebrate the spectacular movement of birds across the globe every Spring and Autumn. Over this time, millions of migratory birds can be expected to be on their journeys across the Asian continent, moving from wetlands to wetlands along the East Asian-Australasian Flyway, including here in Vietnam. Several migratory species were featured among the exhibited images, including among them the Spoon-billed Sandpiper, Great Knot and Wallcreeper, the last an extremely rare visitor to northern Vietnam.

Mr Edmund Cheng, Chairman, Mapletree, added: “We are pleased to witness our support for environmental awareness in Vietnam gain momentum, starting from our first migratory bird event in 2023 at the wetlands of Can Gio. This commitment is influenced by Mapletree’s environment and education pillars, two of the four pillars under our Corporate Social Responsibility framework to enrich communities in markets where we operate.”

“It was great to see the high quality of submissions received from not just photographers in south Vietnam, but also from further away in Ha Noi and Da Nang. I was particularly impressed with the fantastic selection of  Vietnam’s endemic and wild birds documented in these photographs. The selection of mammals was equally impressive, with some of the best shots of the rare Cat Ba Langur. Eventually our committee of judges agreed that the Tonkin Snub-nosed Monkey image by Mr Chung Van Thanh was the best of the lot”, observed Mr Nguyen Hoai Bao, director of WildTour and chairperson of the judging panel with five other experts.  

This year’s exhibition is the fourth World Migratory Bird Day event supported by Mapletree since 2023, starting from the ‘Celebrating Migratory Birds in Vietnam’ activity organised in Can Gio wetlands by WildTour and BirdLife. In 2024, Mapletree supported the first ever Vietnam Bird Race, held at Tràm Chim National Park. The organisers and supporters of this event plan to build on the success of this year’s event and introduce new elements to attract more bird and nature enthusiasts from across Vietnam. The Vietnam Bird Race will take place annually and the next iteration is slated to be held in May 2025. 

Figure 1. Chung Van Thanh’s portrait of a Tonkin Snub-nosed Monkey, among Southeast Asia’s rarest mammals, won the first prize. 

Figure 1. Chung Van Thanh’s portrait of a Tonkin Snub-nosed Monkey, among Southeast Asia’s rarest mammals, won the first prize. 

Figure 1. Chung Van Thanh’s portrait of a Tonkin Snub-nosed Monkey, among Southeast Asia’s rarest mammals, won the first prize. 

Figure 1. Chung Van Thanh’s portrait of a Tonkin Snub-nosed Monkey, among Southeast Asia’s rarest mammals, won the first prize. 

Figure 1. Chung Van Thanh’s portrait of a Tonkin Snub-nosed Monkey, among Southeast Asia’s rarest mammals, won the first prize. 

MEDIA CONTACTS

Xabryna Kek

Assistant Manager, Corporate Communications

Mapletree Investments Pte Ltd

Tel: (65) 6377 4608

Email:xabryna.kek@mapletree.com.sg

Linus Lui

Assistant Manager, Corporate Social Responsibility

Mapletree Investments Pte Ltd

Tel: (65) 6377 6376

Email:linus.lui@mapletree.com.sg

Linus Lui

Assistant Manager, Corporate Social Responsibility

Mapletree Investments Pte Ltd

Tel: (65) 6377 6376

Email:linus.lui@mapletree.com.sg

Headquartered in Singapore, Mapletree is a global real estate development, investment, capital and property management company committed to sustainability. Its strategic focus is to invest in markets and real estate sectors with good growth potential. By combining its key strengths, the Group has established a track record of award-winning projects, and delivers consistently attractive returns across real estate asset classes.

The Group manages three Singapore-listed real estate investment trusts (“REITs”) and nine private equity real estate funds, which hold a diverse portfolio of assets in Asia Pacific, Europe, the United Kingdom (“UK”) and the United States (“US”). As at 31 March 2024, Mapletree owns and manages S$77.5 billion of office, retail, logistics, industrial, data centre, residential and student accommodation properties.

The Group’s assets are located across 13 markets globally, namely Singapore, Australia, Canada, China, Europe, Hong Kong SAR, India, Japan, Malaysia, South Korea, the UK, the US and Vietnam. To support its global operations, Mapletree has established an extensive network of offices in these countries.

For more information, please visit mapletree-dev.altis.cloud.

BirdLife International is a partnership of over 122 conservation organisations worldwide covering all continents, landscapes, and seascapes. As a leader in bird conservation, our unique local to global approach enables us to deliver high impact and long-term conservation for the benefit of nature and people. Our mission is to conserve birds, their habitats and global biodiversity, while working with people toward sustainability in the use of natural resources.
Find out more at www.BirdLife.org