Daintree Residence S P Setia International
Daintree Residence is a 99-years leasehold new development by Malaysia Developer S P Setia. The development is just a short walk away from Beauty World MRT Station and a total of 24 bids were received for the prime piece of land which is located just a short distance from the shopping centres at Beauty World as well as the Jurong East Region. S P Setia submitted the top bid of $265 million for the plot of land at 18,721.4sqm. Based on the top bid receive for the plot as well as the number of bidders, analyst conclude that the developers are optimistic about the real estate market in Singapore especially for developments near to the Jurong East Region.
Daintree Residence S P Setia
The site was released for sale under the Government Land Sales Programme and based on the size and the plot ratio of the land at Jalan Jurong Kechil, there is an estimate of 325 homes that can be built on the plot of land. The site secured will produce a new benchmark for developments around in the area. Expected launch date of the development will be around next year.
Daintree Residence has full and unique facilities, which includes a guard house, clubhouse, function room, indoor gym, tennis court, 50m swimming pool, sun deck, BBQ pits & children’s playground. The condo’s facilities provide full family entertainment needs for your family and loved ones. Indulge in a serene and tranquil lifestyle right in the heart of Jalan Jurong Kechil. Daintree Gardens is also located near to commercial shops at Kismis Green as well as Lorong Kismis which adds to the selection of shopping and dining options to chill your weekend with your friends and families.
5 Toh Tuck Road Daintree Residence Condo
Plans by the developer SP Setia International is underway to develop a 5 storey condominium for the plot of land that spread over a 4.6 acre site. S P Setia International (S) Pte Ltd which is majority owned by Permodalan Nasional Bhd’s parent Bumiputra Investment Foundation plans to build a luxury condominium at Toh Tuck Road. Daintree Residences being located residential enclave is expected to be well received as it is within walking distance to Beauty World MRT Station on the Downtown Line. An expected 327 units of prime residences is underway for Daintree Residences condo plot at 5 Toh Tuck Road.
SP Setia Daintree Residence at Toh Tuck Road
Daintree Residence Toh Tuck Road will be easily accessible via public transport by MRT and buses. Daintree Residence will be accessible by Beauty World MRT Station on the Downtown Line. It is just a few minutes walk away from Beauty World MRT Station. Also, for owners who prefer to take buses, there is a bus stop right outside Daintree Residence. The bus stop located at Toh Tuck Road also have many buses to other parts of Singapore as well. For more bus routes, there are additional choices on Jalan Jurong Kechil as well. Under the Master Plan from the Urban Redevelopment Authority, Toh Tuck Road is situated North of Bukit Timah and South of Hillview estates making the area a very convenient location to travel to other parts of Singapore. There are also many SBS Transit Buses that pass through Toh Tuck Road as well as the private residential enclave of Lorong Kismis.
Daintree Residence S P Setia International will also have many amenities for your daily necessities. There are a number of shopping centres located near to the development including Bukit Timah Shopping Centre, Beauty World Plaza and Beauty World Centre. There are also many F&B and retail outlets along Jalan Jurong Kechil Road to spend some quality time with your family and friends. Several established institutions are also near to Daintree Residence Jurong including Ngee Ann Polytechnic, Pei Hwa Presbyterian Primary School as well as Bukit Timah Primary School.
Bukit Timah Road Private Residential Enclave – Daintree Residence
Daintree Residences Beauty World is also located near to the Hillview area whereby shopping centres such as The Rail Mall, hillV2 as well as the newly completed Hillion Mall which is just minutes away from the development. Daintree Residence is situated in the planning area of Bukit Timah which is an upscale residential location in Singapore. Bukit Timah Road stretches all the way from Upper Bukit Timah Road all the way to the city making Daintree Residence easily accessible via car to different parts of Singapore especially to the city area.
Daintree Residence SP Setia Beauty World MRT Station
The site at 5 Toh Tuck Road is also near to Bukit Timah Nature Reserve as well as Bukit Batok Nature Park which is a perfect plan for outdoor lovers to spend some quality time with the family. S P Setia International stands at a advantage for developing the plot at Toh Tuck Road as it has extensive terrain experience on the land around the area. It has previously developed Eco Sanctuary which has since been sold and good reviews are seen as the project has been completed and residents have already moved into the development.
Highest Bid Submitted for Daintree Residence by S P Setia International
The highest bid submitted for Daintree Residence Condo was by S P Setia. The Malaysian developer has submitted a top bid for S$265 million, which translates to about s$939 psf ppr for the plot of land. Even though analyst have predicted that the bid should be around $750 psf ppr, the site’s location near to Beauty World MRT Station should be well received by investors who are looking for a new development within walking distance to Beauty World MRT Station. Other developers that have submitted bids include Singhaiyi Investments as well as Centrex Developments.
SP Setia International Interest for Singapore Real Estate Market – Daintree Residence
S P Setia has developed a keen interest for residential development in Singapore as highlighted by Datuk Khor Chap Jen who is the president of S P Setia. It first step foot into the real estate market with the launch of 18 Woodsville which is a freehold development in Potong Pasir. Since then, S P Setia has also launched their 2nd development which is Eco Sanctuary that is located at Chestnut Avenue which is near to Bukit Panjang. S P Setia looks to showcase its 3rd project in Singapore Daintree Residence Lorong Kismis which the developer is familiar with the terrain and area. The project is set to launch in 2018 and the development will be constructed and funded by internal borrowings.
Daintree Residence Breathtaking Views of Bukit Timah Nature Reserve
Daintree Residence location is near to Bukit Timah and Beauty World which is a upscale residential enclave in Singapore that is close to many transportation networks. S P Setia has noted that Daintree Residence will be a premier residence that will be a landmark project which will be an addition to the private residential enclave existing in the Bukit Timah and Toh Tuck area. Daintree Residence condo will come with breathtaking views of the forested area in Bukit Timah and Bukit Batok East Avenue 3.
Projects by S P Setia International in Singapore
Daintree Residence near Jalan Jurong Kechil
For car owners, traveling to other parts of Singapore is also very convenient as Daintree Residence project is located next to major expressways such as Pan Island Expressway (PIE) and Bukit Timah Expressway (BKE). Traveling to Jurong East as well as the Central Business District is therefore a breeze for owners of Daintree Residence new development.