GRANGE 1866

Freehold | District 10
seeking indication of interest

Project brief GRANGE 1866

Located in the prime and prestigious residential enclave of Grange Road, Grange 1866 is within easy reach of Singapore’s most popular destinations including Orchard Road, Dempsey Hill, the Singapore Botanic Gardens, Central Business District and the Marina Bay Financial Centre. Tucked away in the serene corner of Grange Road, Grange 1866 offers residents a peaceful living environment and yet doorsteps to most amenities and facilities.

Projected to be launched in 1Q 2020, Grange 1866 was conceived as a limited-edition boutique development consisting of only 60 exclusive units of 1 bedroom and 2 bedrooms apartments. Every apartment was created as a luxurious original where ingeniously designed interior spaces, expansive balconies and double volume ceilings (penthouse) celebrate the epitome of haute couture living.

Grange 1866 clean line architecture is the work of renowned multi accolades architectural firm P&T Consultants Pte Ltd. The 16-storey development is inspired by fine lines with alternate balcony orientation to provide discerning owners the view of the silhouette city skyline.

Come home to Grange 1866.

Grange 1866
PROJECT :Grange 1866
ADDRESS :74 Grange Road
TYPE :Luxury Residential
# OF UNITS :60 units
TENURE :Freehold
ELIGIBILITY :All Nationalities
T.O.P DATE :31 Dec 2025
LAND SIZE :approx 20,326 sq ft
DEVELOPER :Grange 1866 Pte Ltd
ARCHITECT :P&T Consultants Pte Ltd
UNIT MIX :1 bedroom (15 units) –
size @ 527sf
2bedroom (45 units) –
sizes @ 710sf / 764sf / 818sf / 829sf
GRANGE 1866 in the news

By Tan Chee Yuen / Heeton Holdings | October 6, 2016 4:35 PM SGT

Heeton Holdings has disposed its entire shareholding interest in Heeton Residence Pte Ltd to a group of Singaporean private investors. The disposal was made via a sale of all of the one million ordinary shares in the capital of Heeton Residence to these private individuals.

Heeton Residence is the sole shareholder of Heeton Realty Pte Ltd, which owns iLiv@Grange at 74 Grange Road. The deal values the property at $95 million, which works out to $1,623 psf based on the total strata area of 58,534 sq ft.
 
The consideration for the disposal comprised a nominal amount of $4 for the purchase of all one million ordinary shares in Heeton Residence and $21 million for the transfer of the shareholder’s loan owing from Heeton Residence to the listed Heeton Holdings.
 
On completion, the buyers paid $4 for the sale shares and $4 million for the subscription of junior notes in Heeton Residence which was used to partially discharge the consideration with the balance of S$17 million to be paid in in a year’s time on Sept 30, 2017.
 
The remaining sum of $74 million would appear to be bank borrowings in Heeton Residence that will be taken over by its new shareholders.
 
Upon completion of the deal on September 30, Heeton Residence and Heeton Realty have ceased to be subsidiaries of the company.
 
source: https://www.edgeprop.sg/property-news/heeton-sells-ilivgrange-en-bloc
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