Real Estate buy in Singapore Central Singapore

Blossoms By The Park Preview: 14 - 24 April 2023 This is a review of Blossoms By The Park, an upcoming mixed-use development with commercial units at the ground floor located at Slim Barracks Rise. It is located within the vibrant One-North precinct in Singapore's District 5, aka Singapore's Silicon Valley. With a land size of 7,957 sq m (85,648.4 sq ft) and a plot ratio of 3.0, it will offer 275 units of 1- to 4-bedrooms. It will be developed by local firm EL Development which clinched the site at the government land tender in September 2021 with a top bid of $320.1 million, which translates to a land rate of about $1,245.70 psf ppr. Slim Barracks used to be the home of the Gurkhas Regiment from 1949 to 1971. Subsequently, it was taken over by the 5 SIR (Singapore Infantry Regiment) from 1971 to 1990. Slim Barracks Rise has since been transformed into a thriving hub of innovation for biomedical and media industries. This property review of Blossoms By The Park seeks to provide an unbiased evaluation of the following to help you make an informed investment decision: Locational attributes. Design features. Investment potential. Nevertheless, please feel free to WhatsApp or Email Me if you wish to: Receive the latest updates about the development. Visit the show flat to receive a thorough briefing on the development (Watch Blossoms By The Park fly-through video). Gain a deeper insight into its investment potential and get an update on Singapore’s property market. To navigate directly to the respective sections of this review, please click on the links in the Table of Contents below. Table of Contents Blossoms By The Park - At the Heart of One-North. Near 2 MRT stations Blossoms By The Park's Unique Selling Points Below are some of the key attributes of Blossoms By The Park condo and the investment potential it offers: One-North, which has been dubbed the Silicon Valley of Singapore, is a magnet for knowledge-intensive industries and high-net worth personnel Singapore is ranked as the top alternative high-tech hub to Silicon Valley Inflow of many China high-tech firms into Singapore due to its neutral geo-political position amid the ongoing tensions with the United States, boosting employment opportunities in the area Home to 50,000 knowledge workers, researchers, entrepreneurs and students Singapore to invest $25 billion - or 1% of its gross domestic product (GDP) - under its Research, Innovation and Enterprise 2025 Plan (RIE2025) Limited residential housing options within One-North provides good investment potential High rental demand and yield Close proximity to major transformation of The Greater Southern Waterfront and West Region (Jurong Lake District, Jurong Innovation District and Tuas Mega Port) Excellent transport connectivity Convenient easy access to a wide range of amenities Rail Corridor to bring exciting nature and leisure recreation to the area Close proximity to the "Clementi education hub" Good selection of international schools to attract expatriate housing demand