Overview Rating
Overall, based on the above analysis, we would give an overall score rating of 6.5 out of 10 for Grand Dunman as it has good proximity to amenities and potential for resale and rental yield. However, the lack of information regarding leasehold tenure and selling price per square foot make it difficult to provide a definitive rating.
Tenure
Grand Dunman has a 99-year leasehold tenure which is standard for most new developments in Singapore. Although leasehold properties have a lower upfront cost compared to freehold properties, it is important to consider the implications of the expiry date of the lease when purchasing a leasehold property. We would rate this factor at 6/10.
Amenities
Grand Dunman has a good location with easy access to amenities such as Dakota MRT station, Paya Lebar Quarter, Singpost Centre, Paya Lebar Square, and KINEX. There are also several schools nearby including Kong Hwa School, Tanjong Katong Primary and Chung Cheng High School. We would rate this factor at 8/10.
Future Development
The area surrounding Grand Dunman is already well-developed with several amenities nearby, but there are no indications of any future development plans. As such, we would rate this factor at 5/10.
Sale PSF Price
Based on the indicative price range, Grand Dunman’s estimated PSF price is still not available yet. Without knowing the exact price per square foot it is difficult to evaluate whether it is above or below average compared to other condos in different regions.
Resale Potential
Grand Dunman’s location close to amenities such as schools and shopping malls makes it an attractive investment option for resale potential, especially given its expected yield of around 1,040 residential units with unblocked views of surrounding landed private housing estates. However, market conditions can change over time which may impact resale potential and appreciation value so we would rate this factor at 7/10.
Rental Yield
The average rental yield in Singapore varies between 2% – 4%. With its proximity to amenities and transport links, Grand Dunman has the potential for a decent rental yield although again without knowing the exact selling price it’s hard to tell what kind of return investors will see on their investment post completion of construction so we would rate this factor at 7/10.
Grand Dunman is a new 99-year leasehold development located along Dunman Road in District 15. The project, developed by Grand Dunman Pte Ltd (SingHaiyi Group Pte Ltd), is set to yield around 1,008 residential units with unit types ranging from 1 to 5-bedroom layouts. Residents can look forward to a wide range of amenities, including unblocked views of the surrounding landed private housing estate.
Location:
Grand Dunman’s location offers several advantages for potential residents. It is just a short distance away from Dakota MRT station on the Circle Line, providing easy access to Paya Lebar and Botanic Gardens as well as the Central Business District (CBD). For those who prefer driving, Grand Dunman is conveniently situated near the Pan Island Expressway (PIE) which allows residents to travel to destinations such as Tampines, Changi and Jurong East effortlessly. Additionally, there are numerous malls near the development site such as Paya Lebar Quarter, Singpost Centre, Paya Lebar Square and KINEX where residents can enjoy shopping and dining options.
Units:
The units at Grand Dunman are designed with practicality and functionality in mind while still being aesthetically pleasing. The majority of units are likely to have unblocked views of the surrounding landed private housing estate. However, it is important to consider the size of each unit type and layout before making a decision. Potential buyers can expect quality finishes and fittings throughout each unit.
Price:
The indicative price range for Grand Dunman has yet to be released but it is expected to be competitive relative to other developments in District 15 based on its attractive location and range of facilities.
Conclusion:
Overall, Grand Dunman presents an excellent opportunity for prospective buyers who desire a well-located home with various amenities within reach. With its proximity to notable schools like Kong Hwa, Tanjong Katong Primary and Chung Cheng High, residents can enjoy the convenience of having good schools nearby. The project is also a short distance away from Dakota MRT station on the Circle Line and numerous malls providing endless shopping and dining options. While the price range has not been released yet, Grand Dunman offers potential buyers an opportunity to invest in an attractive new development in District 15.
