The Urban Redevelopment Authority (URA) recently launched a tender for two residential sites at Slim Barracks Rise. The parcels are 99-year leasehold sites and should be developed with a median transacted price of S$2,000 per square foot. El Development was the highest bidder with its offer of $320.1 million for Parcel A. Parcel A spans 7,957.3 square meters and is expected to yield 265 housing units.
The site is near one-north park, providing direct access to recreational facilities. Within a short bus ride, one can visit retail options at Star Vista. The area is also home to various educational institutes such as INSEAD and Essec Business School. The project is expected to launch in 2021. Its location has attracted numerous international investors, making it an excellent investment.
The two land parcels at One North Eden are zoned for residential use with commercial on the first floor. The developers of One North Eden Condo will have 99-year leases for both plots, allowing them to develop as much as they wish. The sites are located near the main road of North Buona Vista Road and within 300 meters of the Buona Vista MRT interchange. Both parcels are up to 405 units and contain retail space of 4,305 square feet.
The launch of the One-North Eden condo project drew a lot of attention. More than 80% of the available units have already been sold, and prices range from $1,800 to $2,250 per square foot. A majority of buyers were Singaporeans, while the remainder were foreigners from countries including the UK, China, France, Malaysia, India, and the US. Here is an analysis of the condo’s sales to date.
If you’re looking for a new condo to call home, One-North Eden is the perfect place to start. The development sits in the heart of Singapore, just 300 metres from One-North MRT station. The Buona Vista MRT station serves as an interchange for the Circle Line and East-West Line, giving residents direct access to the CBD. The Downtown Line is a three-stop ride away, and one-north Rider offers shuttle services to and from both stations.
The development features a mixed use design, with retail and commercial on the first floor. The condo is near the Buona Vista MRT station and is close to other developments, including One North technology corridor and Biopolis, Mediapolis, and Fusionopolis. There is also a nearby MRT interchange, making the development relatively self-sufficient. The condominium is expected to go up in the next few years and is located in District 5.
As a result of its proximity to the Buona Vista MRT station, One-North Eden offers investors first-mover advantage to the growth of Buona Vista as a Regional CBD. As of July 2018, Buona Vista has only seen a handful of new launches. This area has the largest concentration of specialty tech clusters in Singapore, which means that One-North Eden will have a high demand for resale units as the demand for them continues to grow.
If you’re looking to buy or rent a condo in the central region, One-North Eden is an excellent choice. Located at 7 One-North Gateway in District 5, One-North Eden is within walking distance of several public transportation systems. The building is a 99-year leasehold development with residential units and commercial space located on the ground floor. Its proximity to the One-North MRT station makes it a great choice for commuters, as it offers convenient transportation to many areas in the city.
This development features abundant amenities for residents, including a 50-meter lap pool, kiddie pools, and a Cantilever Gym. The area is also home to several heritage buildings, including the Rochester Park and Wessex Estate. A number of these historic buildings have been converted into condominiums, restaurants, offices, and even a school. The proximity of One-North Eden to the city’s main attractions means that it’s convenient for people to get around.
The proximity of One-North Eden to other popular districts in Singapore offers residents a range of options. Residents living near One-North Eden will have easy access to downtown and the Jurong Innovation District, while those in the western region can reach a variety of attractions in a matter of minutes. The proximity to these areas will benefit the area’s booming economic and residential development. This is a great place to buy a condo and benefit from the benefits of being a first-movers advantage.
Located in Buona Vista, One-North Eden is priced below the median price in the city. The developer, TID Residential Pte Ltd, bought the site from eight other bidders during the Government Land Sale in September 2019. The Breakeven Price is $1,500 to $1,550 per square foot, which commands a 30% premium over One-North Residences. While the development is still under construction, the current market conditions have prompted a strong take-up rate.
A unique feature of One-North Eden is its flexibility. It is possible to convert one of the bedrooms into a study, which allows the homeowner to increase the rental yield. A three-bedroom unit, for example, can have a glass partition removed from one side of the kitchen, thus allowing the homeowner to open the kitchen to the dining room, while leaving enough room for a dining table. The One-North Eden layouts also appeal to single buyers, which may justify a higher rental yield.
The One-North Eden condominium has 165 units, ranging from one-bedroom to four-bedrooms. Its developers, TID Pte Ltd and Mitsui Fudosan Company, are renowned for their design quality. They aim to create a space that is a hub for research and development in the city. There are no shortage of job opportunities in the area, so if you’re thinking of buying one-North Eden Condo, you may as well make the investment.
EL Development is a real estate developer from Singapore. This one-of-a-kind development is located in Queenstown, Singapore, near One-North Park and Fusionopolis South. The One-North Eden condo offers lavish residential units with expansive rooms. It is ideal for people who want to be in the heart of the city, yet desire to live in a tranquil neighborhood. One North Eden will offer its residents a unique lifestyle that mirrors the neighborhood’s adventurous lifestyle.
Located near a prime District 05 area, One North Eden offers a convenient lifestyle and easy access to important institutions. The development also offers ample opportunity for jobs and housing projects. With a few short years to go before it is completed, the development is expected to reach its potential. It is expected to be completed by 2025. As a result, EL Development has already submitted a price tag of $320.1 million for Parcel A. The bid was submitted at $1,246 per square foot ppr.
If you are looking for a condo with great accessibility, look no further than One-North Eden in Buona Vista. Developed by renowned developers, this condo is within easy reach of One-North MRT station, Star Vista, Rochester Mall, and Holland Village. The condo is also close to the Pan Island Expressway, making it easy to commute to various parts of the city. The nearby expressways include the PIE (Pan Island Expressway) and the Circle Line.
This project offers an array of amenities, including VVIP discounts, Max Loan Eligibility Calculator, and a floor plan. The estimated launch date is H2 2020. There are also discounts for first-time buyers. Upon launch, over 85% of the 165 units were sold. Most buyers were Singaporeans, with a few exceptions from the UK, France, India, and US.
Besides offering a great location, One-North Eden offers convenient access to the City Centre and the Central Business District. Moreover, this property offers healthy rental yields. Typical rental yields in this condominium are between 3.3% and 3.5%, which are higher than the averages in nearby areas such as Orchard Road and Newton. One-North Eden is one of the best values in the One-North precinct, and we recommend investing in it.
One-North Eden District 05
The upcoming One-North Eden is a 99-year leasehold development containing residential and commercial units at the first storey. The development will span an area of 62,201 square feet and yield 165 residential units. One-North Eden will be the first residential project to be developed at one-north in 14 years, following the 2011 launch of The Rochester Residences. Investors should be wary of this development, but there are many reasons to consider One-North Eden.
The unit mix at One-North Eden includes a number of 2-bedder configurations. These are relatively small units with common bedrooms that are of a reasonable size. These units are geared towards individual room renters, who constitute a large portion of renters in the One-North area. They also provide decent rental returns. In addition to being affordable for first-time investors, One-North Eden is a great choice if you are looking to maximize your rental income.
Location is one of the most significant benefits of One-North Eden. It is a few minutes walk from the popular Dover education stretch. The development is expected to be completed by 2023. It is also expected to have two neighbouring towers, One-North Eden and Two-North Eden. The towers will be located on the same street, and both will have similar plot sizes. Both condos will have an average of 140 units.