Details
Type
Condominium For Sale
Tenure
99-year Leasehold
Floor size
775 sqft
Developer
Gem Homes Pte Ltd
Land size
N/A
PSF
S$ 1,718.71 psf
Furnishing
Fully Furnished
TOP
2020
Floor Level
High Floor
Listing ID
23229075
Currently Tenanted
No
Listed on
1 hour ago
Description
Call now to enquire
**Investor/ Multi-generations owners Alert** Own 2 units without ABSD! Enjoy maximise rental return with great passive income.1st in Singapore!! The one and only Dual Key concept. Located at central of Singapore and walking distance to 2 MRT - Braddell MRT and Toa Payoh MRT station
- Rare new large development in mature estate
- No competition within surrounding developments
- 3 units of studio with attached bath individually and kitchenette + balcony
- High rental demand at city fringe
- Flexibility of space for short and long term lease
- Superb cash cow unit for investment.
City Fringe living – Gem Residences is one of those extremely rare development in a matured estates such as Toa Payoh. Due to the limited land available, it is expected that demand will be high considering the excellent location and the many amenities in this town. High rentability is also expected due to the lack of condominium supply in Toa Payoh and the fact that it is in the Rest of Central Region. For the past 7 years and even till today, there is no Government Land Sales(GLS) in the estate of Gem Residences condo Toa Payoh. This only means that the supply in this estate is minimal and thus the future potential in capital appreciation will be exceptional.
Rare investment opportunity – Gem Residences is indeed a rare investment property to come by. Toa Payoh is home to only 3 condominiums namely Oleander Towers, Trellis Towers, Trevista. While the rest are about 20 years in age during Gem Residences TOP date at year 2020, Trevista is the youngest at already a decade old. The current supply of condo units in this estate is only at a humble 1292 units. This is also the very reason for the rental market here to be so strong due to the weak supply.
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#CityFringeCondo
#DualKeyCondo
#TrioKeyCondo
#CondosTo2MRT
#WalkTo2MRT
#ToaPayohNewCondo
#StrongPassiveIncome
#CondoWithHighRentalDemand
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Facilities & Amenities
Key Features
Facilities
Key Features
- Air-Conditioning
- Balcony
- Bathtub
- Bed
- City View
- Cooker Hob/Hood
- Dishwasher
- Fridge
- Internet Connection
- Intercom
- Oven / Microwave
- Washing Machine
- Water Heater
Facilities
- Adult Fitness Stations
- Barbeque Area
- Basement car park
- Car Park
- Children's Playground
- Clubhouse
- Community Garden
- Drop Off Point
- Fitness corner
- Fun pool
- Function room
- Gymnasium room
- Jacuzzi
- Lap pool
- Lift lobby
- Main entrance
- Pavillion
- Putting Green
- Reflexology Path
- Sauna
- 24 hours security
- Swimming pool
Project Info
Gem Residences
Gem Residences Project Info
Developer
Gem Homes Pte Ltd
