About Orie Condo Developer
About Orie Condo Developer
Blog Article
Comparable to the modern new start, Chuan Park, there are actually merely a confined number of resale condos in the area. Among the them, Gem Residences stands out as the sole certainly comparable progress. The following youngest project is Trevista, followed by two significantly older condominiums.
That’s why we believe The Orie’s determination to provide much less one-bedder units, when compared to Gem Residences, is a smart just one.
At a median price of $two,600 psf, The Orie provides a far more useful format for around $200k a lot more than Gem Residences, which makes it a persuasive choice. Nonetheless, a downside is the lack of natural air flow, a little something Gem Residences offers, though this is commonly the situation with far more compact layouts.
With its unique origami-motivated architectural style and design and polished interiors, The Orie presents the proper blend of modern sophistication within the charms from the beloved Toa Payoh neighbourhood.
Sign up your interest to acquire a copy of E-Brochure, and Hottest Updates the moment These are launched!
Over the past a few several years, only 341 units were being sold in Toa Payoh, averaging just 114 units annually. For anyone wanting to upgrade to private home or go in the space, this represents a relatively modest range, probable constrained by the restricted provide.
We hope that our Assessment will assist you to in your determination-making. In case you’d choose to get in touch for a more in-depth consultation, you can do so listed here.
It’s crucial to Take note that breakeven transactions manufactured up a small portion and happen to be excluded within the Examination. Gem Residences performed quite The Orie TOP Date effectively, delivering a mean return of 20.5% for people who manufactured a revenue. Just one person recorded a reduction, though 158 customers observed gains.
Having said that, the latest Bidadari precinct offers an opportunity for foreseeable future HDB upgraders, as a lot of homeowners you'll find very likely to benefit from their BTO flats in the approaching years.
Offered these price details, The Orie is surely a strong contender, specifically for HDB upgraders on the lookout for extra space and a better format at a aggressive price.
Master Bedroom is compact, as the focus here is on affordability while nevertheless giving enough House in all rooms.
If 15% of those homes elect to enhance, we’re checking out roughly 893 probable upgraders. For people searching for more recent non-public developments, the available choices are restricted to The Orie, Gem Residences, And maybe Trevista – although Trevista’s pricing tends to be on the higher side.
This website employs cookies. By clicking 'Settle for' or continuing to browse the website, you agree to our utilization of cookies to course of action your individual data and personalise your on the net working experience. Learn more about our Privacy Coverage.
This raises worries to the Orie. In the event the goal market is primarily HDB upgraders, the upper price place could ensure it is significantly less attractive in comparison to Gem Residences, which provides a additional competitive price issue.
It’s essential to Be aware that Gem Residences won't provide a dual-vital layout but somewhat a triple-key layout, which is a distinct strategy completely and not directly similar.
Additionally, we can easily analyse the proportion of HDB upgraders throughout various areas of Singapore by examining purchaser address details dependant on planning parts: