Daintree Residence at Toh Tuck Road is a new launch condominium by Malaysian leading developer, S P Setia International. The 18,721.4 square metre (sq m) site put up for sale by Urban Redevelopment Authority (URA) received an overwhelming 24 bids, highest – at S$265 million, which translates to about S$939 per square foot per plot ratio (psf ppr). This exceeded the expected 8 to 16 bids, with the highest bid at no more than S$750 psf ppr. Daintree Residence can yield a maximum gross floor area of 26,210 sq m, or about 327 units.
The Toh Tuck Road Condominium is located in an established residential area, and near Bukit Batok Nature Park and Bukit Timah Nature Reserve. The low-rise development will attract homeowners looking for quaint living experience next to nature. Daintree Residences will be S P Setia’s 3rd property development in Singapore. The chief executive officer and and president of S P Setia, Datuk Khor Chap Jen, has expressed the developer’s interest in Singapore land as having identified it as one of the S P Setia’s key overseas markets. The Malaysian group first ventured into Singapore’s land development market in 2012 with their launch of the freehold condo, 18 Woodsville, which is located next to the Potong MRT Station. Since then, the Malaysian developer has also launched the 483-unit condo, Eco Sanctuary, which is situated along Chestnut Avenue.
Daintree Residence is within walking distance from Beauty World MRT Station. The site is also easily accessible to other parts of the island via the Pan Island Expressway (PIE) and Bukit Timah Expressway (BKE). The area of Bukit Timah is known to contain many elite schools that provide prime educational opportunities for children and families living nearby. These include primary and secondary schools, as well as tertiary institutions and other international schools. The community thrives on diversity, but more importantly, top-notch education for the young minds of Singapore’s future. The prime educational opportunities located within close proximity to the Daintree Residence new condo will provide particular benefit to families residing within the luxury residence.
Daintree Residence will also provide benefit for residents who find excitement at the prospect residing near a plethora of shopping opportunities. The developer has indicated that the luxury condo will be ideal for residents who enjoy participating in the best shopping Singapore has to offer due to its closeness to the Bukit Timah Shopping Centre, as well as the Beauty World Centre, Bukit Timah Plaza, The Grandstand, and West Mall.
|Development Name:||Daintree Residence|
|Property Type:||Residential Development|
|Address:||5 Toh Tuck Road|
|Developer:||S P Setia International|
|# of Units:||327|
|TOP Date:||31 Dec 2022|
|Unique Selling Points:||
For more information on Daintree Residence Condo, simply fill up your information below and our salesperson will get in touch with you shortly!