First Berlin Property to be sold in Singapore

JLL and German developer Groth Gruppe will be launching The Fritz, a freehold residential project in Berlin’s Quartier Lehrter Straße, for sale in Singapore on April 22 and 23 at The Grand Park Orchard.

The Fritz has 266 micro-apartments, with sizes ranging from 237 sq ft for a studio to 549 sq ft for a one-bedder. The units are priced from €135,000 ($202,290).

The 17-storey tower is a key element of the new neighbourhood, which will see about 1,000 new apartments. At the heart of the development is a new city square with shops and restaurants. The quarter is within walking distance of Berlin Hauptbahnhof (main train station) and will be directly connected to Europa City via a new bridge.

According to JLL, residents can expect hotel-like facilities at The Fritz, including a concierge service, co-working spaces and a bistro on the ground floor, as well as a communal laundry room.

Singapore is Groth Gruppe’s third stop, after China and Malaysia. Hong Kong will be the final leg of its Asian launch. JLL says there are about 200 units still available at The Fritz. So far, its buyers are multinational, coming from over 10 nations, adds JLL.