For Sale  -  Daintree Residence (D21)

S$ 1,665,160  Starting from   |  S$ 1578.35 psf   |  1,055 sqft (98.01 sqm)    |  3 Beds   |  2 baths

Daintree Residence: a hidden gem in District 21

Located on Toh Tuck Road, the 327-unit Daintree Residence is in the quiet residential enclave in the Upper Bukit Timah area in District 21. The low-rise condo comprises one- to four-bedroom units of 534 to 1,459 sq ft in 12 five-storey blocks. Units on the first and fifth floors have a 4.3-metre loft ceiling, while other units feature a 2.9-metre ceiling height.

The project appeals to families with children of school-going age as top schools like Methodist Girls School, Hwa Chong Institution, and National Junior College are nearby.

For the discerning homebuyer or property investor however, Daintree Residence’s average selling price could look relatively attractive, given the expected launch prices of upcoming developments in the area.

In the pipeline for redevelopment is the former freehold Goodluck Garden. The sale price for Goodluck Garden translates to about $1,110 psf ppr for the freehold, 360,130 sq ft site, Qingjian said the acquisition adds more than 600 units to its land bank.

The land rate in terms of price psf ppr for Goodluck Garden is about 17% higher than what what SP Setia paid for the Daintree Residence site. The developer outbid 24 others in a government land tender in April 2017 to emerge the winner of the site with a bid of $265 million ($939 psf ppr).

Since then, land prices in the area have risen, as seen when the Hillview Rise government land sales site was awarded to Hong Leong Group for $460 million in July last year. Based on a GFA of 430,879 sq ft, the price works out to about $1,067 psf ppr. The site is a 10-minute drive from Daintree Residence and has a 99-year tenure.

In the current market where homebuyers are spoilt for choice, Daintree Residence could prove to offer relatively lower prices compared to upcoming launches in the area.

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    Property Information

    Development Name:
    Daintree Residence
    Property Type:Apartment
    Developer:S P Setia International (S) Pte Ltd
    Tenure:99-year Leasehold
    Completion Year:2021

    Special Features:

    • Renovated

    Features:

    • Air conditioning
    • Cooker Hob/Hood
    • Water Heater

    Features:

    • Dryer
    • Fridge
    • Oven / Microwave
    • Washing Machine

    Outdoor / Indoor Space:

    • Balcony

    Amenities

    Game room Gymnasium room Jacuzzi Pavillion
    24 hours security Steam bath Swimming pool Tennis courts

    Location

    11A, Toh Tuck Road
    Singapore 596157
    Nearest MRT Station
    • DT5 Beauty World MRT Station (0.65 km)
    • DT6 King Albert Park MRT Station (1.37 km)
    • DT3 Hillview MRT Station (2.55 km)

    Nearest Schools
    • Nanyang Primary School (Temporary) (0.04 km)
    • Bukit Timah Primary School (0.49 km)
    • Pei Hwa Presbyterian Primary School (0.66 km)

    Contact Agent about This Listing

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    Alphonsus Roland Tan
    Senior Associate Group Director
    ORANGETEE & TIE PTE LTD
    tygroland@gmail.com
    CEA Licence No.:
    L3009250K / R020982E
    +(65) 9661 8180