A Successful En-Bloc of Tulip Garden
Brought to You by
YanLord Land Group and MCL
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More Information and Updates!
Tulip Garden Residences, located along Farrer Road, bounded by Holland Road and Leedon Heights, Core Central Region of Singapore, is walking distance to Farrer Road MRT Station. Tulip Garden Residences has a site area of square feet and will house residential apartments. Tulip Garden Residences has a site area of square feet of land and will house residential apartments and 5 shops. The development has a total of blocks of storeys and these only cover 24.5% of the whole landscape of Tulip Garden Residences, which leaves the rest of the landscape to the facilities and greenery for the residents' enjoyment.
Tulip Garden Residences New Condo will be constructed with full facilities, modern fittings, elegant furnishings, and dashing interior and exterior decors. With a huge land size, there will be a gymnasium for residents daily run cardio, a big standard size swimming pool for those who like swimming, BBQ area, dining area, clubhouses and elevated decks for families to hold functions and gatherings with family and friends, a tennis court due to its huge land size and definitely, a beautiful landscape for Tulip Garden Residences New Condo residents to feel welcome when returning home. The towers are spaced generously apart at distances from 40 metres to 70 metres, giving great sense of privacy, compared with the typical 25 metres to 30 metres of other developments.
View Floor Plans HERE
Unit distribution ranges from one bedroom to large five bedrooms, with exceptional features. The units will have very roomy layouts which will create a perfect ambience many years for the residents. Single professionals and families will like this development as has classy interiors which wil be blend well with good features and present a smart-vibre living.
The units in Tulip Garden Residences are North-South oriented to maximise the brightness of the apartments and also, bring better breeze to the units, this enhance the energy efficiency for the residents. The living room shall receive strong walls and high ceilings. As for the bedrooms, extra attention shall become placed on natural illumination, bathrooms, closets, drawers, and their entire ambiance. Each room exhibit a relaxing atmosphere and privacy to ensure that its occupants have the most-deserved dwelling place for themselves.
Tulip Garden Residences- Smart Home Living
With an app that could turn on air-conditioner, and start the washing machine or draw down the curtains before you reach home, residents of Tulip Garden Residences can enjoy these experiences, by simply using a smartphone, bringing them a new way of life. In addition, this Smart home solution is a life-style platform that integrates seamlessly with smart condominium management and other lifestyle offerings, hence meeting the needs of residents in Tulip Garden Residences.
P/T Cameras are installed for round the clock monitoring. Access to home is via a biometric digital lock set. QR code access for smooth entry for visitors and video calls for easy identification.
The management has established a 24-hour security protocol accompanied by emergency response systems connected to nearest medical facilities, law enforcement, firefighters. However, the developers have taken countless precaution to ensure residents have maximum protection on top of comfort.
View Facilities and Site Plan HERE
Project | Tulip Garden Residences |
Developer | Yanlord Land Group and MCL |
Location | Farrer Road |
District | 10 |
Tenure | Freehold |
Site Area | 29,422 square metres/ 316,708 square feet |
GFA: | square metres/ square feet |
Plot Ratio | 1.6 |
Expected TOP: | |
Total Units | Approximately 670 residential apartments |
Total Carpark | |
Development | Private Condo comprising of communal facilities |
Unit Type: | |
Architect | |
Eligibility | SC, SPR and Foreigner can buy |
Tulip Garden Residences- Connectivity
Tulip Garden Residences site is only 400 m away from Farrer Rd Circle Line Station and just 2 stops away from Buona Vista Interchange Station which is very convenient for commuters as the East West Line is easily accessible via the Interchange. For drivers, it is takes only 5 minutes to get to Orchard Road area and 7 minutes to the Central Business District. Tulip Garden Residences is also well connected to the Pan Island Expressway (PIE) which leads to parts of Singapore.
Tulip Garden Residences- Amenities
The development is just next door to Empress Market & Food Centre which makes finding food easy. There are more choices as Tulip Garden Residences is also close to 5 other food centres that are within 2 km distance such as Holland Market & Food Centre, Commonwealth Crescent Market & Food Centre, Adam Road Food Centre, Holland Drive Market & Food Centre, Commonwealth Avenue Food Centre. There are also 3 shopping malls that are less than 1.5 km away from Tulip Garden Residences to choose from to get the daily needs.
Tulip Garden Residences- Education
For parents, your child’s education needs will be the last to worry. Tulip Garden Residences has quite a number of esteemed schools within 2 km, that range from preschool to Tertiary level. School nearby Tulip Garden Residences include Nanyang Primary School, Raffles Girls’ Primary School, New Town Primary School, St Margaret’s Secondary School, Hwa Chong Institution, Queensway Secondary School, Nanyang Girls’ High School, Assumption English School, Hwa Chong Junior College, National Junior College and also tertiary institution i.e. NUS Faculty of Law (Bukit Timah Campus).
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Tulip Garden Residences Unit Mix Distribution | |||
---|---|---|---|
Unit Type | Type | Area (Square Feet) | Total No. of Units |
1 Bedroom | TBA | TBA | TBA |
2 Bedroom | TBA | TBA | TBA |
3 Bedroom | TBA | TBA | TBA |
4 Bedroom | TBA | TBA | TBA |
5 Bedroom | TBA | TBA | TBA |
Penthouse | TBA | TBA | TBA |
Tulip Garden Residences Facilities | |||
Tulip Garden Residences Price List | |||
---|---|---|---|
Unit Type | Area (Square Feet) | Pricing | PSF |
1 Bedroom | TBA | TBA | TBA |
2 Bedroom | TBA | TBA | TBA |
3 Bedroom | TBA | TBA | TBA |
4 Bedroom | TBA | TBA | TBA |
5 Bedroom | TBA | TBA | TBA |
Penthouse | TBA | TBA | TBA |
Category | Important Amenities Near Tulip Gardens Residences | Approximate Distance |
Train Stations | Farrer Road (CC20) Tan Kah Kee (DT8) Due 2015 |
0.4km 1.1km |
Bus Stop | Farrer Road Market (B11101)(Bus: 48, 93, 153, 165, 174, 186, 564, 855, 961) Spanish Village (B11109)(Bus: 48, 93, 153, 165, 174, 186, 564, 855, 961, 5N) |
0.2km 0.2km |
Supermarkets | Cold Storage Ntuc Fairprice Shop N Save Sheng Siong |
1.2km 1.2km 1.8km 1.8km |
Shopping Malls | King’s Arcade Coronation Shopping Centre Holland Village |
1.0km 1.1km 1.2km |
Education Institutions | Preschool | |
Nanyang Kindergarten (King’s Rd) Nanyang Kindergarten (Coronation Rd) Global Tots Maris Stella Kindergarten Little Wings Bibinogs Cherie Hearts Eton House Cherrybrook Kindergarten |
0.2km 0.5km 0.9km 1.0km 1.3km 1.3km 1.4km 1.7km 1.8km |
|
Primary | ||
Nanyang Primary School Raffles Girls’ Primary School New Town Primary School |
0.7km 1.6km 1.9km |
|
Secondary | ||
St Margaret’s Secondary School Hwa Chong Institution Queensway Secondary School Nanyang Girls’ High School Assumption English School |
0.7km 1.0km 1.5km 1.6km 1.7km |
|
Junior College | ||
Hwa Chong Junior College National Junior College |
1.0km 1.5km |
|
Tertiary | ||
NUS Faculty of Law (Bukit Timah Campus) Singapore Polytechnic |
1.6km 3.0km |
|
International | ||
Norwegian Supplementary School United World College Of South East Asia (UWCSEA) – Dover Campus |
3.2km 3.8km |
|
Food Centre | Empress Market Holland Market & Food Centre Commonwealth Crescent Market & Food Centre Adam Rd Food Centre Holland Drive Market & Food Centre Commonwealth Ave Food Centre |
0.2km 1.2km 1.2km 1.4km 1.7km 2.0km |
Lifestyle | Singapore Botanic Gardens Tanglin Golf Course Hollandse Club Archery Club Queens Town Club Queenstown Stadium |
0.9km 1.7km 1.7km 1.9km 2.0km 2.5km |
The Facilities Site and floor plans of Tulip Garden Residences are currently seeking approval from relevant authorities.
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View Floor Plans HERE
Veiw Prices and Available Units HERE
View Site and Facilities Plans HERE
Like any other new launches, the prices of Tulip Garden Residences will only be announced on the sales day. Indicating pricing will be announced earlier.
Tulip Garden Residences where the site was sold to MCL Land and Yanlord, for $906.9 million, as collective sale. The sale price of $906.9 million, with a top up premium of S$ million to intensify the piece of land and to top up lease, works out to a land cost of about $1,790 psf per plot ratio on the potential gross floor area.
Cost of Land
The biggest item which determines the new condo price on the launch date is the price at which the land was acquired for the development. This cost of land is spread out across the size of the development so that the cost per square foot (psf) is established. This means that a piece of land with fewer condos may have a higher land psf than another similarly sized piece of land with more condos built on it.
Construction Costs
The cost of constructing the condos also influences the price at which those condos will be sold on the launch date. Construction companies have become so efficient that their construction costs for each square foot of a building don’t vary so much.
Developer Expenses and Profit
The cost of land and the cost of building the condominium will give you the base cost of the project. A fraction (30%) of that base cost will be added in order to cover the additional expenses (conveyance fees and financing costs, for example) incurred during the land development. That fraction of the base cost also covers the profit margin of the developer. The total of the base cost and the extra 30% in order to arrive at an estimate of the likely new condo price on the launch date.
Developers want to make a good product that is of value to the consumers, and they need to generate healthy profits levels for their shareholders. With the most expensive items as land and construction costs, add on the administrative, sales and marketing expense, finance cost, profit margin we will arrive at the selling price.
Marketing expense for the project is around $200 psf. Construction costs including architecture design, is about $400 psf for a condominum.
Land Cost: $1,790 psf prr
Construction Cost: $400 psf
Marketing expense: $200 psf
Profit margin: 20%
Estimated launch price: $2,868 psf
After enduring four years of decline, the property developers finally have some good news. The URA reported an increase of 5.4 percent in the private residential property. This is now attracting property dealers from all over the world. As you all may know, Singapore is an island and land will always remain a scarce commodity that’s why the prices of these properties are bound to increase in the long term.
In Singapore residential market, the price gap between HDB oublic housing versus the private residential market is widening. Base on DBS, it states that Bull Case would see Annual Private Home demand of 17,250 units.
Base on our analysis, our projection for new home demand will come from
1) Household formation
2) Upgrader demand and
3) Foreigner purchases for investment.
The current en-bloc craze has seen developers investing close to S$34 Billion into Singapore property market (S$26 Billion in en-bloc transactions and S$8 Billion into Government Land Sales (GLS) programmes. With a total of 6,500 households displaced, the near term demand over the next two years could rise above the historical norm.
Projected base Population Growth of 6.5 million by 2030 is expected to have a positive impact on Private Home Property Market as demand is projected to remain above historical average of 12,000 units per year.
Register HERE for a presentation to understand why the property market is heading towards an unstoppable uptrend.
Singapore’s growth has outpaced many developed economies, at over 3%, while most developed economies are managing 2.3% on average.
There were 22,076 new citizens in 2017, the second-highest number in the last 11 years. The permanent resident (PR) figures, meanwhile, remained stable over the past year, at 522,000. In 2017, 31,849 were granted PR status.
Since Tulip Garden Residences new launch condo is currently under construction, it offers a great option for buyers who are still saving the money for the initial down payment. By facilitating buyers with a progressive payment schedule, installments can be made every few months. These small installments represent a much more accommodating and manageable mortgage. If you buy an investment property, you can easily find a tenant that will help you pay down the loan and mortgage. You will be buying the property at the best price if you get it directly from the developer.
After the purchase, you can resell the property at a higher price. This is great for young people who are looking to settle down in a good place. The great thing about Tulip Garden Residences new launch condominium is that there is no asset depreciation. So, if you sell the condo just before its completion, you have a chance of acquiring a higher profit.
Buying a unit in Tulip Garden Residences condo will prevent you from paying buyer’s commission because that will be paid by the developer. After each successful sale, the developer pays the agency which further pays the agents involved. The location of your condo will play a huge role in determining its value in the long run. You can also choose the unit you desire since Tulip Garden Residences is newly launch, but you will have to act fast because condominiums sell out pretty fast.
This is ideal for buyers who are very choosy and particular about what kind of home they want. You will have the opportunity of securing units with better views which will eventually become very valuable on the open market. All you have to do is sign up and pre-register for the preview by contacting the developer’s marketing team members. To attract a lot of customers, property developers often offers many discounts and stamp duty reimbursements during the VIP and VVIP preview. All you have to do is choose your desired units, submit them with your cheque and leave the rest to the developer’s agent.
The developer’s marketing team will enlighten you regarding the all the particular details of Tulip Garden Residences such as the pricing, floor plan, etc. during this preview. The value of these condominiums automatically increases the moment the developer removes the early bird discounts. These discounts will be saving you a lot of trouble of negotiating with the seller as well.
Anyone who has invested so much in property would want to be relieved from any further tensions and look forward to enjoying their latest purchase. You will receive Tulip Garden Residences in brand new condition and can renovate it according to your taste and needs. Not that you’ll need any renovation because everything will be brand new and you will not have to deal with additional maintenance work.
But in case you face any issues in the condo, you won’t have to spend extra money to get it fixed because the developer offers you a one-year warranty on fixtures and fittings. The plus point about Tulip Garden Residences is that you add your personal touch to it as everything will be according to your choice, and you will not have to deal with the previous owner’s choices. Tulip Garden Residences also offer much better facilities than any other resale property.
Investing in Tulip Garden Residences newly launched condo does mean that you will have to wait to enjoy the luxury, but one thing that will help you get through it is that the wait and money are going to be worth every second and penny.
If you wish to visit Tulip Garden Residences Showflat viewing, all you need to do is to schedule an appointment with us before coming around so as not to waste your time and avoid making a fruitless journey because our showflat may not be opened to the public on particular days and time.
Get amazing benefits as well as Direct Developer Discount. For additional enquiry, please get in touch with us at our Sales Information Hotline +65 90070868 for further details on the details of Tulip Garden Residences Condominium.
Get in touch with Tulip Garden Residences Developer Sales Support Team.
It is important to deal with only with our authorized Developer Sales Support Team, you will get the best obtainable Direct Developer Discount. Get the latest information about Tulip Garden Residences units today!
Tulip Garden Residences Showflat is located along ................
Tastefully designed to maximise the usability and efficiency of the size, the geographical location, proximity to eateries and top schools, seek to attract many potential home seekers their dream home.
Do register early to book your Tulip Garden Residences Showflat viewing appointment with us to have a feel of the luxurious and fine finishing by the developer after several detail plannings.
4 Simple things to take note before visiting Tulip Garden Residences Showflat Gallery
1) We advise to check and know how much CPF you are able to use to purchase Tulip Garden Residences Condo
2) Contact our Sales Team for our recommended trusted panel of bankers for your loan assessment
3) Are you affected by the TDSR? You will need to know the bracket which you are in
4) For the actual launch date, you will need to understand on how the balloting system works
Register Early to keep yourself update on the latest information pertaining to Tulip Garden Residences. Alternatively, you may contact our Developer Sales Personnel for a non-obligated discussion.
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