Overview Rating
Overall, The Botany at Dairy Farm offers a desirable location near nature spots while providing easy access to public transportation options like Hillview MRT station. The range of facilities available caters to different needs across various demographics making it ideal for families looking for a mid-sized development with lush landscapes. Suitable for small to medium-sized families with attractive pricing relative to other developments in the area like Hillion Residences or Parc Clematis, The Botany at Dairy Farm represents a good investment opportunity.
Tenure
The Botany at Dairy Farm is sold under a leasehold tenure of 99 years. While this may be a drawback for some buyers who prefer freehold properties due to their longer ownership duration and potential for greater value appreciation over time, leasehold properties usually come with lower initial prices compared to freehold ones. Considering this trade-off, I would give The Botany at Dairy Farm a rating of 7/10 for its leasehold tenure.
Amenities
The Botany at Dairy Farm is located near various amenities such as schools, malls and MRT stations. It is a 10-minute walk from Hillview MRT station on the Downtown Line, which connects residents to prime city locations and the eastern region of Singapore. Reputable schools such as German European School Singapore and CHIJ Our Lady Queen Of Peace are also located near the development. In terms of shopping malls, there are several options in the area like HillV2, Hillion Mall, Junction 10 and Bukit Panjang Plaza. Based on these factors, I would rate The Botany at Dairy Farm a 8/10 for proximity to amenities.
Future Development
s mentioned earlier, the URA has plans to transform the nearby Jurong Lake District into Singapore’s second Central Business District which could potentially increase demand for properties in the area. This bodes well for The Botany at Dairy Farm as it could benefit from any future development in the region. Based on this factor, I would give The Botany at Dairy Farm a rating of 8/10 for future development.
Sale PSF Price
The average PSF price for condos in OCR is around $1,971 while it’s approximately $2,294 in RCR and around $2,585 in CCR. Given that The Botany at Dairy Farm has an estimated indicative price range starting from S$998K with an average PSF price of $2,070 psf which falls between the range of RCR and CCR regions’ average PSF prices; I would rate it a 7/10 for sale PSF price.
Resale Potential
Factors like location, amenities and nearby developments can impact resale value greatly. The Botany at Dairy Farm’s location near nature spots, parks and schools provides an ideal environment for families. In terms of future developments, the URA has plans to transform the nearby Jurong Lake District into Singapore’s second Central Business District, which could potentially increase demand for properties in the area. Based on these factors, I would rate The Botany at Dairy Farm a 8/10 for resale potential.
Rental Yield
The average rental yield in Singapore is approximately 2-3%. With The Botany at Dairy Farm being located near Hillview MRT station and several amenities like shopping malls, it could attract tenants easily which may lead to higher rental income. Based on these factors, I would rate it a 7/10 for potential rental yield.
The Botany at Dairy Farm is a new launch condominium located in Bukit Panjang, District 23. Developed by Sim Lian JV (Dairy Farm) Pte Ltd, this development features 386 units ranging from one to five-bedroom configurations. The project has several unique features, ensuring an ideal environment for residents living there.
Location:
The Botany at Dairy Farm is located near nature reserves and parks such as Dairy Farm Nature Park and Bukit Timah Nature Reserve. It’s perfect for families with reputable schools like German European School Singapore and CHIJ Our Lady Queen Of Peace situated nearby. Additionally, the development is within walking distance of Hillview MRT station on the Downtown Line, which connects residents to prime city locations and eastern Singapore.
Units:
The Botany at Dairy Farm has around 28 different floor plans, offering a variety of unit layouts suitable for various family sizes and demographics. The three-bedroom units are predominant in the development’s layout, making up 45% of all unit types followed by two-bedroom units (27%) and four-bedroom units (15%). One unique feature of the development is that most blocks are in a north-south orientation promoting good ventilation and low possibility of getting afternoon sun.
Price:
The estimated indicative price range for The Botany at Dairy Farm starts from S$998K with an average per square foot price of $2,070 psf. Based on comparable properties in the area, this price point appears competitive relative to its location and amenities.
Conclusion:
Overall, The Botany at Dairy Farm offers a desirable location near nature spots while providing easy access to public transportation options like Hillview MRT station. The range of facilities available caters to different needs across various demographics making it ideal for families looking for a mid-sized development with lush landscapes. Suitable for small to medium-sized families with attractive pricing relative to other developments in the area like Hillion Residences or Parc Clematis, The Botany at Dairy Farm represents a good investment opportunity.
