A more applicable comparison may very well be eight@Woodleigh, a condo Found proper close to the Bidadari precinct, which could offer superior insights into how properties around this space carry out.

The unit includes one prevalent lavatory shared with 4 bedrooms, which might be inconvenient for bigger families. In addition, it incorporates a balcony, a yard, and a retail store home, which adds practicality to the Place. The kitchen is compact but nevertheless functional.

Nevertheless, for price-delicate HDB upgraders, Gem Residences features practicality and effectiveness, with its added bathroom and versatile residing Areas. The primary difference in price for your 25% downpayment is around $a hundred and forty,four hundred, which may very well be witnessed as a decent quality for a more moderen improvement.

With its distinctive origami-impressed architectural layout and polished interiors, The Orie gives an ideal Mix of contemporary sophistication inside the charms on the beloved Toa Payoh neighbourhood.

In summary, the location of Lorong one Toa Payoh Condo in the guts of Toa Payoh features inhabitants a vibrant lifestyle crammed with benefit. With its exceptional connectivity, proximity to amenities and good schools, as well as allure of the heritage neighbourhood, Lorong 1 Toa Payoh Condo truly signifies the ideal mixture of the previous and The brand new, in which modern residing fulfills custom.

Based on the facts, close to forty one% of condo transactions in Toa Payoh ended up created by customers by having an HDB address. This figure is comparable to other estates with higher percentages, indicating a consistent demand from HDB upgraders.

The price variance of $500k+ may appear significant, but for customers who price a more recent improvement and larger bedrooms, The Orie may possibly give enough value to justify the higher price.

It’s important to Observe that breakeven transactions manufactured up a small part and have already been excluded from your analysis. Gem Residences done fairly perfectly, providing a mean return of 20.five% for those who manufactured a earnings. Just one individual recorded a decline, whilst 158 potential buyers saw gains.

Nevertheless, pricing remains a vital issue. Though Trevista has a transaction volume similar to Gem Residences, only 30% of its purchasers are upgraders. This is likely pushed by Trevista’s higher price points, which we’ll discover additional beneath.

One way to gauge the possible good results or problems to the Orie is by examining the efficiency of Gem Residences, specified the identical offer dynamics The Orie Virtual Tour at enough time of its launch.

When The Orie isn’t instantly corresponding to both of these two projects, it does share equivalent functions, including currently being an entire-fledged condo, Element of the mass-current market section, and Situated close to the MRT and critical facilities.

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Having said that, the successful bid surpassing prices for plots in Bukit Merah and River Valley is usually a bold just one. This raises questions about if the ensuing price stage will resonate with HDB upgraders, who sort a good portion of consumers in Toa Payoh.

It’s crucial to Observe that Gem Residences doesn't give a dual-essential structure but fairly a triple-vital design and style, which happens to be a special thought entirely and in a roundabout way comparable.

Moreover, we will analyse the proportion of HDB upgraders across different parts of Singapore by inspecting purchaser address info according to planning locations: