Overview Rating
Haus on Handy benefits from its central location in Singapore’s District 9, proximity to amenities and potential for good rental yield and resale value. The leasehold tenure and higher than average PSF price compared to properties in the OCR region are factors that could impact the overall score. Nonetheless, it appears to be a promising condo project with good investment potential.
Tenure
Haus on Handy is a leasehold condo with a tenure of 99 years. While this may limit its potential resale value compared to freehold properties, it still offers long-term ownership and potential appreciation over the term.
Amenities
The Haus on Handy condo project has a great location in District 9, close to MRT stations such as Dhoby Ghaut MRT and Bencoolen MRT, which provide easy access to other areas of Singapore. It is also within walking distance to schools like School of the Arts, Singapore, Nanyang Academy of Fine Arts (Campus 2) and Nanyang Academy of Fine Arts (Campus 1). There are nearby supermarkets and clinics as well.
Future Development
Haus on Handy appears well-located in the Museum District with nearby developments planned by URA for future development. However, the impact of these developments on property appreciation over time is unclear.
Sale PSF Price
The sale price per square foot for Haus on Handy ranges from $2,239 to $3,244 psf, which falls within the average PSF prices for condos in RCR and CCR regions. However, it is slightly higher than the average PSF price for condos in OCR.
Resale Potential
The central location of Haus on Handy makes it an attractive property that could have good resale potential due to its proximity to amenities such as schools and public transport options.
Rental Yield
Based on current rental listings available at Haus on Handy, units can be rented out for monthly rates ranging from S$3,800 up to S$9,000/mo., which suggests good potential rental yield due it’s convenient location.
Haus on Handy is a 99-year leasehold condo development located at 30 Handy Road, District 9 in Singapore. With a total of 188 units spread across three blocks, Haus on Handy was completed in 2023. The condo offers amenities such as a lap pool, gym, yoga corner, playground, BBQ pits and more.
Location:
Situated in the Museum district of Singapore’s prime D9 area, Haus on Handy has a central location that provides easy access to various amenities. The condo is close to MRT stations like Dhoby Ghaut MRT and Bencoolen MRT for residents who rely on public transportation. Families with children can find schools such as School of the Arts (SOTA), Nanyang Academy of Fine Arts (Campus 2) and Nanyang Academy of Fine Arts (Campus 1) nearby. There are also supermarkets like Cold Storage – UE Square and Sheng Siong – The Verge Hypermarket for daily necessities.
Units:
The units at Haus on Handy come in different configurations ranging from one-bedroom to three-bedroom apartments with various unique features and layouts. Some units have sky gardens while others have balconies or terraces that offer great views of the city skyline. The sizes range from 420 sqft to 1,141 sqft making them ideal for individuals or families.
Price:
The prices of units at Haus on Handy currently range between $1.1M and $3.18M with rental rates between $3,800/mo and $9,000/mo depending on factors like size and configuration. While the price may seem steep compared to other condos in the area, it reflects the high standard of living that residents can expect from this development.
Conclusion:
Overall, Haus on Handy is an excellent investment opportunity for those looking for luxury living in a prime location in Singapore’s D9 area. It offers easy access to amenities like public transportation, schools, and supermarkets, making it ideal for families or individuals who want convenience and comfort. The units come in unique layouts with high-end finishes, while the price reflects the quality of the development. Based on our analysis, we recommend Haus on Handy as a good investment opportunity for those seeking luxury living in an excellent location.
