8 St Thomas

D-9 Singapore

8 St Thomas

Introduction

St Thomas Walk is a Brand New Large Condominium under Development in Singapore

Located in one of the most prestigious regions of Singapore, this is definitely a development to follow.

There are a lot of things that need to be carefully laid out when it comes to real estate investment and the fact that you are able to take a look at the St Thomas Walk is something to account for. This is one of the residential condos which is scheduled to be released in 2020. It is being developed by one of the most reliable companies called Bukit Semwang and it is reliable enough for you not to worry at all.

The entire thing is going to comprise of 250 residential units and numerous amenities to assist people in their day to day life. It’s a freehold deal structured in the most comprehensive way you could imagine.

As we mentioned above, it is also located in one of the best districts of Singapore – District 9 and it has a prestigious address on St Thomas Walk.

Project Overview

The growth of Singapore in terms of residents and business opportunities has inevitably caused the residential development industry to boom out. This is why we see new developments being announced every month. The tendency is that each and every one is attempting to be better than the other and this is something worth accounting for. With this said, the St Thomas Walk is no exception.

The development focuses on mass housing and it boasts a splendid range of 250 different residential units structured in a freehold agreement which offers exceptional value for the investment.

The buildings which are to be taken into account and which are to be developed are two and each one of them is unqiue in its own way. Vibrant trees stemming from the buildings themselves and lush and appeal beyond comprehension is what you can expect. The tendency to follow green priorities is obvious in the development and the overall utilization of the plot is maximized in the best possible way. The intention of the company constructor is to use as less building space as possible and that’s why the buildings stand tall. This allows more residential units and more greenness in the plot – something that people in Singapore are looking forward to.

 

 

Amenities

One of the most important things that you ought to keep in mind when thinking of investing in a development which is upcoming is to take a look at the tender procedure. This is something that’s going to ensure that everything is handled as per the highest standards and that you receive a property that’s fully finished and appropriate.

With this said, the company who won the tender did so with a bid of the whopping $202,17 million. This is an astonishing amount. The site itself comes with a land area of almost 6 million square feet and the gross floor area would be no more than 18,102 square feet. This means that the expected sale cost of the land would start at $1,141 per square feet as the plot ratio is used at a 2.8 index. This is something worth considering as it is definitely something that could be incremental.

Location

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The location itself is definitely of significant importance. Mass Rapid Transit station of Somerset is close by and the facilities are close to the Orchard Road – this is by far the most popular entertainment and retail area in the City. You are also quite close to a range of different amenities as the St Thomas Walk is in a central place in one of the most sought after districts in the city.

The location is appropriate for people who are looking for combining business and leisure or for families who are yet to raise their kids. This is something that you need to keep in mind.

All in all, this is one of the newest developments which is already being constructed and could be seen. The TOP date is set to 2020 and it looks like there aren’t going to be any delays. This is quite substantial.

With this said, it is also important to understand that the reputation of the development company itself safeguards your capital as it has already completed a range of successful properties and you would certainly get what you pay for. This is something that you should keep in mind and it is undeniably something to account for.

All in all, this is one of the best options in the region and if you are looking for a strong yet lucrative investment or a place to live, the St Thomas Walk Condominium is amongst your best bets. It combines everything that you could ask for which is undeniably one of its strongest assets.

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