Is Daintree Residence a Good Buy? Why Buy Daintree Residence?

Daintree Residence is the Top 10 Selling in the Past 12 Months & No.1 Selling Projects in Prime District 21. In June & July 2020, after the end of Circuit Breaker, it sold 35 & 55 respectively, claiming the top spot for those months. These 80 buyers have done their groundwork before committing on one of their biggest purchase in the year.

So, what are their reasons for buying Daintree Residence? Why is Daintree Residence selling so well?

Here are the checkboxes that Daintree Residence ticked:

Low Population Density, Quality of Life & Close to Nature

Daintree Residence is located in Bukit Timah, Prime District 21, which is an extension of the prestigious Trio district 9, 10, 11. It is home to Singapore’s tallest hill, Bukit Timah Hill, and Singapore’s second ASEAN Heritage Park, Bukit Timah Nature Reserve. This district is often considered upmarket, populated with condominiums and landed property. However, those staying here would consider this district homely and close to nature, with a hint of rural living. With a lower population density, close to nature, spacious homes, this is the place where one enjoys space, nature and not compromise with the quality of creature comforts.

Within 1km to Highly Sought after Pei Hwa Presbyterian Primary School

Located at Bukit Timah, having good schools at every corner of Daintree Residence is one of the key reasons parents are making Daintree Residence their choice of residence. At Bukit Timah, schools of various levels, from primary to tertiary, are within few minutes drive. In particular, Pei Hwa Presbyterian Primary School, which is one of the four primary schools that have to hold ballot for parents in alumni association or school advisory committee, is within 1 km from Daintree Residence.

Proximity to Beauty World MRT station

It is well-known that having a train station near to your property greatly enhance the value of the property.

For own stay, having an MRT within walking distance is a uber plus point for you and your family in getting around Singapore.

For investment, it is easy to find a tenant at a good price and easy to resell in the open market.

And at Daintree Residence, it is a mere 500 meters away from Beauty World MRT stations and, it is a relatively flat (that is, unelevated ground) to the train station. No flights of stairs to take on when returning home.

Amenities

Amenities are usually far and away in an affluent district like Bukit Timah, that is, you need a car to reach supermarket, eateries, and any other amenities. But residents of Daintree Residences are blessed with numerous shopping and dining options around the corners. You can take a stroll to reach the dine at the famous Bukit Timah market or nostalgic shophouses along Cheong Chin Nam Road. For groceries, Bukit Timah Shopping Centre is also around the corner. Alternatively, you can take the train to downtown to satisfy your shopping crave.

Upcoming Development

Despite having a wide variety of amenities around Daintree Residence, the neighbourhood will be further enhanced by a recent announcement of an integrated transport hub at Beauty World. This is quickly followed by the launch of the dual-envelope tender system for the sale of a commercial and residential site along Jalan Anak Bukit. The Urban Redevelopment Authority (URA)’s objective for this site is to become the southern gateway into Bukit Timah’s Nature attraction, as a green urban village that is a distinctive development and icon in this district. With such an ambitious from URA, land value in this district will be enhanced and so will your investment in Daintree Residence.

Highly Competitive Pricing

Based on URA records, Daintree Residence transacted at the lowest PSF for the last 24 months, between 2018Q3 to 2020Q3, at S$ 1,671.95 PSF. The lowest PSF among its new launch peers, View at Kismis, Mayfair Garden and Mayfair Modern. Its PSF is also expected to be lower than the upcoming new launch, Forett at Bukit Timah.

With such attractive pricing, it is not a surprise that it has been well-received by discerning buyers. In the past 24 months, 211 units in Daintree Residences are snapped up by buyers, pushing it to the Top Selling Projects in District 21.

Conclusion – A Value Buy

With so many checkboxes ticked, Daintree Residence is undeniably the latest new condominium development that you should seriously consider if you are one looking for a value buy with excellent upside potential. Units are selling fast and don’t miss this opportunity. So, give us a call at 61001344 to find out more about Daintree Residence today or Book Your Showflat Appointment via the form below.