Overview Rating
Cairnhill 16 is an exclusive and upscale condominium project in a prime location with excellent proximity to amenities, a rare freehold tenure, and potential for future development in the surrounding area. While its sale PSF price may be slightly higher than average for CCR condos, it is justified by its premium status and attributes. The resale potential and rental yield are reasonable but may be influenced by market conditions and competition from surrounding developments.
Tenure
Cairnhill 16 features a rare freehold tenure in District 9, which provides greater value preservation and potential for appreciation over time compared to leasehold properties.
Amenities
Cairnhill 16 is located in the heart of Orchard, with a multitude of shopping malls (Ion Orchard, Far East Plaza, Orchard 313, and Paragon), schools (ACS Junior, Raffles Girls’ School, La Salle College of the Arts), and MRT stations (Newton MRT Station – 6 min walk) within close walking distance.
Future Development
The Urban Redevelopment Authority has long-term plans for the revitalization of Orchard Road, which will provide opportunities for new developments and enhancements. These plans could positively impact the appreciation of Cairnhill 16 over time.
Sale PSF Price
The indicative sale PSF price range for Cairnhill 16 is $2587 to $3200. This is slightly higher than the average PSF price in the Core Central Region (CCR) of $2585. However, considering its prime location and freehold tenure, the premium can be justified.
Resale Potential
Given its strategic location in District 9, proximity to amenities, freehold status, and high-end finishes in the development itself; Cairnhill 16 has a good resale potential. That being said, market conditions and nearby developments can still have an impact on its future resale value.
Rental Yield
The luxurious nature and central location of Cairnhill 16 are attractive factors for renters seeking upscale housing near Singapore’s prime shopping district. However, with high competition from surrounding condos in the area and potentially higher rental rates compared to other regions due to its premium attributes, achieving high rental yield might be challenging.
Cairnhill 16 is a luxurious freehold boutique condominium located in the prestigious District 9 of Singapore. The development comprises a total of 39 exclusive units, with unit sizes ranging from 2-bedroom to 4-bedroom and sky units. Boasting an array of upscale amenities such as a gym, swimming pool, barbecue pits, and reading lounge, Cairnhill 16 promises an exquisite living experience for its residents.
Location
The location of Cairnhill 16 offers both advantages and disadvantages for its residents. On the plus side, the condo is situated near the lively Orchard Road shopping belt, providing easy access to numerous retail outlets, dining options, and entertainment facilities. Additionally, several reputable schools like Anglo-Chinese School (Junior), Raffles Girls’ School, and La Salle College of the Arts are located within close proximity to the development.
In terms of public transportation accessibility, Cairnhill 16 is within walking distance to Newton MRT Station and several bus stops. Major expressways like Central Expressway (CTE) are also easily accessible for those who drive.
However, one potential disadvantage of its location is that it may not be as quiet or serene as some residents might prefer due to its close proximity to bustling Orchard Road.
Units
The units at Cairnhill 16 showcase an elegant design featuring suite-style bedrooms, floor-to-ceiling windows that allow natural light to flow through each space and luxurious furnishings with branded appliances. The functional layout maximizes living space while maintaining a sense of sophistication.
One unique feature found in certain units is their inclusion of wine chillers or steamers – catering to those who appreciate fine dining experiences at home. However, some prospective buyers may find these additional features unnecessary or impractical.
Price
Given its prime location in District 9 and array of high-end amenities available within the development, the price point of Cairnhill 16 can be considered on the higher side. However, when compared to other properties in the area, it remains competitive in terms of value for money.
It is important for potential buyers to carefully weigh their options and consider factors such as unit size, location, and available amenities before making a purchase decision.
Conclusion
In conclusion, Cairnhill 16 offers an exclusive and luxurious living experience for its residents. Its excellent location near Orchard Road, upscale amenities, and elegantly designed units make it an attractive investment opportunity for those seeking a prestigious address in District 9.
However, prospective buyers should carefully consider the price point relative to comparable properties in the area and evaluate whether it meets their preferences in terms of unit size, layout, and finishes. Overall, Cairnhill 16 represents a compelling choice for those seeking an upscale living experience in one of Singapore’s most sought-after districts.
