PROJECT DETAILS

LOCATION MAP and AMENITIES

Amenities Near New Condo at Dairy Farm Road

Train Stations
Hillview MRT Downtown Line Due 2015 – 0.5km
Pending (BP8) – 1.2km

Bus Stop
Aft Dairy Farm Rd (Bus: 67, 75, 170, 171, 178, 184, 961, 961C) – 0.2km
Opp Dairy Farm Rd (Bus: 170, 171, 176, 178, 184, 961, 961C, 963, 970, 67, 75) – 0.3km

Supermarkets
Cold Storage – 0.7km
NTUC – 1.6km
Giant – 1.8km
Sheng Siong – 2.3km

Shopping Malls
The Rail Mall – 0.7km
The Hiller (U/C) – 0.8km
Hillion Residences (U/C) – 1.6km
Fajar Shopping Centre – 1.9km

Preschool
St Joseph Church Kindergarten – 0.5km
Bukit Panjang Methodist Church Kindergarten – 0.6km
White Lodge Kindergarten (Jalan Siap) – 0.6km
PCF Bukit Panjang Blk 226 – 1.1km
PCF Bukit Panjang Blk 111-110 – 1.5km
Masjid Al-Iman (Kindergarten) – 1.5km
Ismart Montessori Kindergarten – 1.5km
PCF Bukit Panjang Blk 254 – 1.6km

Primary School
CHIJ Our Lady Queen Of Peace – 0.5km
Bukit Panjang – 0.8km
Zhenghua – 1.5km

Secondary School
Chestnut Drive – 0.3km
Assumption Pathway School – 0.5km
Fajar – 1.2km

Junior College
Pioneer Junior College – 2.8km

Tertiary
Ngee Ann Polytechnic – 3.8km

International School
German European School Singapore – 2.1km

Food Centre
Bukit Timah Market and Food Centre – 2.8km

Lifestyle
Zhenghua Park – 0.6km
Dairy Farm Nature Park – 0.7km
Bukit Panjang Park – 1.0km
Bukit Batok Town Park (Little Guilin) – 1.8km
Bukit Batok Nature Park – 2.0km
Bukit Gombak Stadium – 2.0km
Bukit Timah Nature Reserve – 2.0km

FACILITIES SITE PLAN and FLOOR PLANS E-BROCHURE

The New Condo in Dairy Farm Road, a Mixed Development, facilities and Site plan is currently seeking approval from relevant authorities.

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BENEFITS OF LIVING IN MIXED DEVELOPMENTS IN SINGAPORE

Live, Work and Play – the philosophy that everyone in the world tries to attain. The ability to concentrate at work, the convenience of going home, and the availability of various recreational activities all within easy access. Who wouldn’t want this kind of lifestyle? In a busy country like Singapore, where the economy and global population has always been on the upside, it is not impossible to experience this ambitious way of living. With the rise of mixed development properties, the “live, work, play” philosophy is now made imaginable.

In a land-scarce country, addressing the concerns of creating residential properties while mixing urban livability has always been a major problem. Being able to offer homes and amenities all at the same time is not easy, but possible. With mixed development properties, residents can enjoy the convenience of having commercial spaces right where they live. From supermarket, grocery store, restaurants, pubs, retail shops, beauty salons, clothing stores and cinemas – you literally have a mall just below your unit.

Mixed-used development is a type of urban housing that combines residential and commercial spaces in one. Other services can likewise be integrated into the development such as industrial, cultural and institutional trades. Mixed developments can be a single building, city block or complex of buildings that forms a community.

Residential units plus shopping mall is the most common type of mixed development in Singapore. Usually, the shopping mall is located on the first few floors while above are the residential units. There are also mixed developments with integrated hotel rooms inside the building.

5 Benefits of Mixed Developments Singapore

Utmost convenience and accessibility are not the only advantages of mixed developments. It’s more than just a residential unit and shopping mall combined as one. While most people see mixed developments as something risky for their private life, there’s more to these properties than privacy issues. Check out their advantages below.

1. Unparalleled Convenience

Convenience at its finest is the ultimate advantage of mixed development properties. With everything you need right within reach, you don’t have to travel far from home just to fetch daily necessities. From doing your grocery to obtaining basic supplies, you can even buy a brand new shoes or shirt just by going down on your unit. Bringing retail therapy close to home has many advantages such as:

• You don’t have to strain your arms travelling with huge grocery bags on your hand.
• Restaurants and food shops within the building provides an easy access to sumptuous meals.
• Driving away from home just to visit shopping malls is virtually not needed.
• You don’t have to rush from home just to catch your favorite movie.
• You can even find a work right inside the building saving you tons of precious time and money.
• With different recreational activities within reach, it’s impossible to have a dull moment.

2. Saving Costs

There are many advantages of mixed developments, to one of which is that your expenditures will be greatly minimized. The cost of fuel is on all-time high, and by reducing the need to travel, it allows you to save a huge amount of sum. Also, you don’t have to pay parking fees and take public transport just to buy a bag of chips or frozen meats. Right within your development grounds are various stores to cater all your needs. Less travel definitely means less spending.

3. Higher Chances of Passive Income

They say that properties close to MRT stations always fetch higher rental income, but this isn’t always the case. The added benefit of having a mall just below your unit can likewise fetch high rental income. Mixed developments are attractive to tenants because of the convenience and accessibility it brings. Tenants are willing to shell out more provided that they have everything they need in just one roof. Additionally, since there are office spaces and employees within the development, it equates to unlimited supply of possible tenants.

4. Increasing Location Value

There is a common notion that mixed-used developments are only for affluent people. Why? Because most of them are priced so high that a low income Singaporean won’t be able to afford. While this might be true in some forms, it plays a huge role on increasing the intrinsic value of the district or location. With affluent people flocking the area, it significantly intensifies the reputation of the district. Attracting more wealthy spenders, it makes the area a highly “desirable” location.

5. Flexible Investment

Last but definitely not the least benefits of mixed developments Singapore is its flexibility to hold your investmentdepending on your desires. If you decide to let go of your unit, listing it on the open market is a great option. Keep in mind that a well-designed mixed-used development sitting on a great location can draw hundreds of potential buyers. Furthermore, you could sell your unit to foreigners since most of them are attracted on convenient city living. On the other hand, if you don’t want to let go of your property, there’s always a possibility of renting it out to gain valuable income.

Caveat Emptor

Behind the many benefits of mixed developments Singapore are disadvantages that buyers should be aware of. Not everything about mixed developments are wonderfully great, there are drawbacks that you need to consider such as:

• Overcrowding and high-density living
• Industrial noise from shops, pubs and restaurants
• Privacy issues with people loitering around your home
• More expensive than regular condominiums
• Possibility of parking shortage as shoppers get prioritized

Final thoughts…

We can’t deny the fact that Singapore is indeed an overcrowded country. And as the economy grows, with people coming in from all parts of the world, expect to see more mixed-used properties being developed from time to time. Before handling over that cash, consider the many benefits of mixed developments Singapore but don’t forget to ponder on its drawbacks.

The addition of having utmost convenience and accessibility to everything are the driving factors of mixed-used properties. These reasons and more makes them uniquely wonderful and practically stellar.

UED RESIDENTIAL WON TOP BID FOR GLS MIXED DEVELOPMENT LAND SITE IN DAIRY FARM ROAD

The sites located in Dairy Farm Road and Jalan Jurong Kechil closed its tender, collecting five and three bids, respectively, the Urban Redevelopment Authority (URA) reported.

With a site area of 19,647.7 m, the Dairy Farm Road mixed-use development site received its highest bid of $368.8m or $8,938 psm of GFA from UED Residential.

Also joining the bidders are the consortium of MCC Land and Greatview Investment which offered $364.89m, and the consortium of CSC Land and COHL which priced their bid at $357m.

The residential site with a permissible commercial area at first storey also lured bids from CEL Property which offered $333.33m, and Wee Hur Development which offered their bid at $228.8m.

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