Overview Rating
The Arden condominium offers good proximity to amenities, upcoming developments, and is located in a private enclave of landed houses. Its leasehold tenure might be less attractive for long-term investors, and its potential rental yield depends on the final pricing and competition. Overall, it seems to be a fairly decent investment option in District 23.
Tenure
The Arden is a 99-year leasehold property. While this offers a more affordable option compared to freehold properties, it might not be as attractive for long-term investment purposes.
Amenities
The Arden is within walking distance to several LRT stations such as Phoenix, Teck Whye, Ten Mile Junction, and Bukit Panjang MRT Station. It is also near various shopping malls like Junction 10, Hillion Mall, Bukit Panjang Plaza, Teck Whye Shopping Centre and Fajar Shopping Centre. Furthermore, there are numerous primary and secondary schools in the vicinity.
Future Development
According to the URA Masterplan, The Arden is positioned close to upcoming transformations within the Bukit Panjang area which include a new hawker center, an integrated healthcare facility at Senja, new park connectors connecting green spaces, and other developments. This could positively impact property appreciation over time.
Sale PSF Price
The exact sale PSF price range for The Arden has not been released yet (coming soon), so it is difficult to make an accurate comparison with other condos in different regions. However, based on its location in District 23 (Outside Central Region), the average PSF price is approximately $1,971.
Resale Potential
The Arden’s location in a private enclave of landed houses and proximity to amenities like schools, shopping malls, and transportation options add value to its resale potential. However, factors like market conditions and future developments could impact resale prices.
Rental Yield
Considering the average rental yield in Singapore of around 2-3%, The Arden’s potential rental yield would depend on its final pricing and competition from surrounding properties.
The Arden is a luxurious 99-year leasehold condominium development located at Phoenix Road in District 23. This exclusive condominium boasts a total of 105 residential units, ranging from 2 to 4-bedroom layouts, along with penthouse configurations. Set to be completed in 2025, The Arden offers residents an array of top-notch amenities and facilities that cater to various lifestyle needs.
Location
Pros
The Arden boasts excellent connectivity, being within walking distance to several LRT stations such as Phoenix, Teck Whye, Ten Mile Junction, and Bukit Panjang MRT Station. This makes it convenient for residents to access various parts of Singapore seamlessly. Additionally, the Kranji (KJE) and Bukit Timah (BKE) Expressways are just a short drive away for those who prefer driving.
The development is also situated near numerous reputable schools such as Teck Whye Primary School, West View Primary School, Bukit Panjang Primary School, and CHIJ Our Lady Queen of Peace. Other educational institutions like Bukit Panjang Government High School and Jurong Pioneer Junior College are also within proximity.
For shopping enthusiasts, The Arden is surrounded by multiple malls like Junction 10, Hillion Mall, Bukit Panjang Plaza, and Teck Whye Shopping Centre. These malls offer an array of retail outlets, supermarkets, dining options and entertainment facilities.
Cons
One drawback for some buyers might be the relatively limited size of The Arden compared to larger condo developments with more extensive facilities. However, given its boutique nature and low-density environment among landed properties enclave in District 23 area provides a sense of exclusivity and privacy which can be highly sought after by some potential homeowners.
Units
The units at The Arden have been designed keeping functionality and practicality in mind while ensuring modern aesthetics. With a variety of unit sizes ranging from 657 sq ft to 1,636 sq ft, buyers have ample options to choose from based on their housing requirements. The units come with high-quality finishes and fittings that elevate the overall living experience.
The Arden’s developer, Qingjian Realty, showcases its signature CoSpace layout concept. This innovative design solution provides flexibility in space utilization, allowing residents to adapt and transform their living spaces according to their needs and lifestyle preferences over time.
Price
The price range for The Arden is subject to market conditions and will be highly dependent on comparable properties within the area. However, considering its convenient location, modern architecture, and exclusive environment, it can be expected that The Arden offers a competitive price point relative to its features and amenities.
Conclusion
In summary, The Arden presents a luxurious residential option for those seeking an exclusive living experience in District 23. Its strategic location near public transportation hubs and multiple amenities such as schools and shopping centers make it highly attractive for families or individuals who value convenience. Furthermore, the thoughtful design of its units ensures practicality while offering flexibility in adapting to residents’ lifestyle needs.
While the development may lack some amenities compared to larger condominiums in the market, its exclusivity amidst a low-density enclave more than compensates for this limitation. Overall, The Arden represents a good investment opportunity for those looking for an upscale yet well-connected residence in Singapore’s District 23.
