Blog

The Myst Artists Impression1

New Launch Condos in District 23: A Comprehensive Comparison

Welcome to our comprehensive guide on the new launch condos in District 23! This article aims to provide you with an in-depth analysis and a side-by-side comparison of the latest condominium developments in these highly sought-after districts. Whether you are a potential homebuyer, investor, or simply curious about the real estate market in the west, our goal is to equip you with all the essential information needed to make an informed decision.

District 23: An Overview

District 23 in Singapore offers enticing investment opportunities for individuals looking to enter the real estate market. With its attractive pricing, convenient location, and potential for growth, investing in District 23 can prove to be a rewarding decision.

5 Reasons to Invest in District 23

Proximity to Nature: District 23 is renowned for its proximity to nature and is home to the lush greenery of the Bukit Timah Nature Reserve, the picturesque Dairy Farm Nature Park, Zhenghua Park, and Chestnut Nature Park. These natural attractions provide opportunities for recreational activities, hiking, and tranquil retreats. District 23 possesses similar characteristics and qualities as those found in the renowned Bukit Timah area, which is a short drive away.

The Botany at Dairy Farm

Source: The Botany at Dairy Farm, Sim Lian Group

Strong Development Potential: District 23 has seen significant development and transformation over the years. With ongoing infrastructure projects and urban planning initiatives, the district is poised for further growth and enhancement. The government’s focus on developing the Dairy Farm and Hillview into an exclusive residential enclave ensures that investments in District 23 have promising potential for future appreciation. By investing in this district, you can take advantage of the positive development outlook and potentially reap substantial returns on your investment.

Excellent Connectivity: District 23 benefits from excellent connectivity, providing seamless access to various parts of Singapore. The district is well-served by major expressways such as the Bukit Timah Expressway (BKE) and Pan Island Expressway (PIE), facilitating convenient commuting by car. Additionally, the public transportation network in the district includes the Downtown Line MRT, ensuring seamless connectivity to Bukit Timah and the city center. The excellent connectivity of District 23 adds to its attractiveness as an investment destination.

Educational Institutions: The district is home to several reputable educational institutions, such as the Singapore German European School, located in Dairy Farm Estate. The presence of these institutions contributes to the demand for housing in the district, making it an attractive investment opportunity for those targeting the student market or foreign families seeking quality education for their children.

Lifestyle and Amenities: District 23 boasts a laid-back lifestyle and an array of amenities to cater to residents’ needs. The district is home to shopping malls, supermarkets, and dining establishments such as Hilton Mall, The Rail Mall, and the upcoming Dairy Farm Mall, ensuring convenient access to daily necessities.

Side-by-Side Comparison of New or Upcoming Projects in District 23

Now, let’s delve into a detailed side-by-side comparison of these six exciting new launch condos in District 23:

Project Name The Myst
秘林嘉园
The Botany at Dairy Farm
万景轩
The Arden
雅诗轩
Hillview Rise Project
District District 23 (Bukit Batok/Bukit Panjang/Choa Chu Kang) District 23 (Bukit Batok, Bukit Panjang, Choa Chu Kang) District 23 (Bukit Batok, Bukit Panjang, Choa Chu Kang) District 23 (Bukit Batok, Bukit Panjang, Choa Chu Kang)
Plot Ratio 2.1 2.1 1.4 2.8
Site Area/GFA Approx. 179,007sqft Approx. 168,597 sqft Approx. 6.464.7sqm Approx. 10,395.2 sqm
Tenure 99years leasehold 99years leasehold 99years leasehold 99years leasehold
Total Number of Units 408units 386units 105units 335units (estimated)
Building Height 24 9/13/14/15 5
Address 800, 802 Upper Bukit Timah Road Dairy Farm Walk Phoenix Road Hillview Rise
Unit Types 1 to 5-bedrooms & Penthouse 1 to 5-bedrooms & Penthouse 2 to 4-bedrooms
Land Bid $980psf/ppr $630psf/ppr $1024psf/ppr
Developer City Developments Limited Sim Lian JV (Dairy Farm) Pte Ltd CNQC Realty (Phoenix) Pte Ltd Far East Organisation and Sekisui House
Description PROPOSED CONDOMINIUM HOUSING DEVELOPMENT COMPRISING 2 BLOCKS OF 24-STOREY APARTMENTS (TOTAL: 408 UNITS) WITH LANDSCAPED DECK, COMMON BASEMENT CARPARKS & COMMUNAL FACILITIES ON LOTS 00713K, 01763K, 01766L & 99950N MK 14 AT UPPER BUKIT TIMAH ROAD PROPOSED NEW HOUSING DEVELOPMENT COMPRISING 5 BLOCKS OF 9/13/14/15-STOREY CONDOMINIUM DEVELOPMENT (TOTAL 386 UNITS) WITH BASEMENT CARPARK, COMMUNAL FACILITIES AND SWIMMING POOL ON LOT 02800V MK 16 AT DAIRY FARM WALK REGULARISATION OF GFA AND PROPOSED AMENDMENT TO APPROVED ERECTION OF RESIDENTIAL DEVELOPMENT COMPRISING 3 BLOCKS OF 5-STOREY RESIDENTIAL BUILDING (TOTAL 105 UNITS) WITH BASEMENT CARPARKS, SWIMMING POOL & COMMUNAL FACILITIES ON PLOT 1 AND DECK OVER ON PLOT 2 FOR DRAINAGE RESERVE ON LOTS 01653L, 01654C, 01655M & 01494M-PT MK 10 AT PHOENIX ROAD (BUKIT BATOK PLANNING AREA)
Architect M.A.N. Architects LLP M.A.N. Architects LLP
50m Lap Pool Yes Yes No
Tennis Court Yes Yes No
Nearest MRT Cashew (5mins walk) Hillview MRT (10mins walk) Bukit Panjang (10 mins walk) Hillview MRT (5mins walk)
Primary Schools within 1km CHIJ Our Lady Queen of Peace CHIJ Our Lady Queen of Peace Tech Whye Primary School, West View Primary School CHIJ Our Lady Queen of Peace
Expected Date of Vacant Possession to be confirmed 31 December 2027 10 November 2025
Expected Date of Legal Completion to be confirmed 31 December 2030 10 November 2028
Expected Date of Preview Showflat Preview on 24th June 2023 Showflat Preview on 18th February 2023 To be confirmed To be confirmed

Conclusion

In conclusion, District 23 present compelling investment opportunities due to their proximity to nature, strong development potential, excellent connectivity, presence of educational institutions, and vibrant lifestyle scenes. By capitalizing on these factors and carefully considering market trends and investment strategies, you can position yourself for long-term success in the real estate market.

New private home sales hit 7-month high in April despite ABSD rate hikesTembusu Grand receives Strong Interest during Previewconstruction photoCONQUAS banding system
error: