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Jul 08

Three-bedroom apartment at Botanic Gardens View selling for $3.45 mil

The condominium lies opposite the main Tanglin entrance of the Singapore Botanic Gardens.

A three-bedroom, ground-floor home at Botanic Gardens View will be installed for public auction by Singapore Realtors Inc (SRI) on July 22. The 1,410 sq ft device has a guide cost of $3.45 million, which translates to $2,447 psf based on the floor location. An estate sale, this system will be sold with uninhabited possession.

According to URA resale caveats assembled by EdgeProp Singapore, devices at Botanic Gardens View are still very sought after and most resale transactions over the previous 20 years have been successful. Based on a collection of data by EdgeProp Singapore, resale rates at Botanic Gardens View are reasonably cost effective compared to close-by residential or commercial properties. The typical selling rate at Botanic Gardens View is regarding $2,137 psf. Botanic Gardens View is situated in the unique Tanglin area, which is made up of prime household neighbourhoods on Nassim Road, Grange Road, Cuscaden Road and also Orchard Boulevard.

Based on a collection of data by EdgeProp Singapore, resale prices at Botanic Gardens View are fairly budget friendly contrasted to close-by residential or commercial properties. The ordinary market price at Botanic Gardens View has to do with $2,137 psf. Although this is more than those of Botanic Gardens Mansion on Taman Serasi ($1,995 psf) and the 99-year leasehold The Loft on Nassim Hill ($2,085 psf), most of the surrounding buildings command greater ordinary costs. Nassim Mansion and also The Nassim on Nassim Hill, 8 Napier on Napier Road and Nassim Park Residences on Nassim Road have ordinary selling costs of $2,827 psf, $4,915 psf, $3,367 psf and $3,885 psf specifically.

A full cost contrast list of close-by condominiums can be found on EdgeProp Singapore’s online property tools web page.
Botanic Gardens View lies in the unique Tanglin area, which is made up of prime property areas on Nassim Road, Grange Road, Cuscaden Road as well as Orchard Boulevard. Significant consular offices like the Australian High Commission, Embassy of the United States of America, the British High Commission and also the Embassy of the People’s Republic of China lie in the vicinity. It is likewise near the Orchard Road shopping belt and also Tanglin Road, while Gleneagles Hospital and also Medical Centre on Napier Road as well as Camden Medical Centre on Orchard Boulevard are close by.

Estuary

This proximity to the Botanic Gardens also means that locals of Botanic Gardens View will benefit from the upcoming Napier MRT Station on the Thomson-East Coast Line. The below ground terminal, which is positioned less than 100m away from the home, is expected to be functional by the end of this year.

Botanic Gardens View is an estate development at Taman Serasi, which is found off Cluny Road in prime District 10. The 144-unit condominium was finished in 1970. It boasts many facilities and also is at the front door of the Singapore Botanic Gardens. The major entrance right into the park, referred to as Tanglin Gate, is less than 200m from the primary entryway of the property. The Tanglin Gate leads to the park’s centers like the Botany Centre, the SBG Heritage Museum and CDL Green Gallery.

The apartment or condo features a normal format with an en collection bedroom as well as two even more bed rooms. SRI states the system was last remodelled in 2016, and also includes air-conditioning and a large encased cooking area. SRI adds that the system is well-kept, as well as the estimated monthly maintenance cost is about $315.

According to URA resale cautions compiled by EdgeProp Singapore, systems at Botanic Gardens View are still highly demanded and also a lot of resale purchases over the past 20 years have actually paid. There have actually been 5 resale transactions at Botanic Gardens View in the past 18 months, with profits ranging from $430,000 to $2.87 million. One of the most lucrative resale during this 18-month duration was on April 7 when a 1,755 sq ft system on the nine flooring was sold for $3.75 million ($2,137 psf), making its vendor a $2.87 million profit.

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