Daintree Residence: Accentuating the draw of Beauty World
By Charlene Chin
/ EdgeProp Singapore |
SINGAPORE (EDGEPROP) - Daintree Residence, on Toh Tuck Road, comprises 327 residential units across five storeys in the Beauty World precinct. Occupying a site of 201,510 sq ft, the 99-year leasehold condo is surrounded by low-rise residential housing, and is a short walk to Beauty World MRT Station on the Downtown Line. It is developed by Bursa Malaysia-listed S P Setia.
Slated for completion in 1Q2022, the condo is set to add colour to the Beauty World enclave. Designed by award-winning firm ADDP Architects, it will boast two distinctive wings: a “Valley Wing”, which will have a 25m infinity pool, and a “Rainforest Wing”, which will house a hammock bay that is surrounded by greenery and a 50m leisure pool. There will also be a 50-year-old heritage rain tree that will be preserved on the site. Additional greenery has been planned for the rooftop, which will feature a 35,000 sq ft landscaped garden. Furthermore, the two residential wings are linked by a treetop walk, allowing homeowners to enjoy views of nature.
Strategic location
The condo is in a “sought-after” location, says Neo Keng Hoe, general manager of S P Setia. An integrated transport hub has been planned at Beauty World, as highlighted in the Draft Master Plan 2019 released by URA. The government has also planned for a Bukit Timah community building, which will occupy 218,600 sq ft. The one-stop integrated building will comprise a community club as well as a redeveloped market and hawker centre. There will also be an indoor sports hall, community library and elderly facility. All these will further enhance the neighbourhood, Neo notes.
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“Daintree Residence is expected to be an attractive draw as it is surrounded by numerous amenities which is a huge boon for prospective buyers,” Neo says. The condo is served by properties such as Beauty World Plaza, which provide amenities to nearby residents. At Beauty World Centre, a 24-hour Giant supermarket caters to the residents living nearby. Next to Beauty World Centre, Beauty World Plaza has been launched for sale for the second time at a reserve price of $165 million ($2,189 psf per plot ratio). If sold, this would offer opportunities for redevelopment that could better serve the Beauty World enclave.
Along Cheong Chin Nam Road, there are many go-to 24-hour eateries. Noteworthy offerings include Al-Azhar and Al-Ameen, which serve halal Indian food, as well as the Boon Tong Kee franchise of zi char food.
For price trends, recent transactions, other project info, check out the Daintree Residence project details page
Attraction for buyers
At Daintree Residence, the unit mix ranges from one- to four-bedroom offerings. Units will have imported marble flooring, and quality bathroom fittings from Hansgrohe and Duravit. Meanwhile, the kitchens will be fitted with De Dietrich appliances. For added privacy, full-height aluminium sliding screens will be installed at the balconies of the apartments.
More than 90% of purchases at Daintree Residence to date are made by locals and permanent residents, says Neo. “The buyers chose to invest in Daintree Residence as they are attracted by the short walk to Beauty World MRT Station, the convenience of choice amenities, as well as the excellent living environment,” he adds.
“Many of the buyers have also bought Daintree Residence with their children’s education in mind,” he observes. “Their child may start off at Methodist Girls’ School, Bukit Timah Primary School or Pei Hwa Presbyterian Primary School.” Other top local schools within the vicinity are Methodist Girls’ School, Hwa Chong Institution and National Junior College. Meanwhile, international schools nearby include the German European School, Singapore Korean International School and Swiss School.
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International developer
Over the past 40 years, S P Setia has established its presence in seven countries: Malaysia, Vietnam, Australia, China, Japan, Singapore and the UK. It boasts a global portfolio comprising township developments, luxury residential enclaves, business parks, commercial and mixeduse developments. In Singapore, it has completed 18 Woodsville on Woodsville Close and Eco Sanctuary on Chestnut Avenue. The latter won the World Gold Award for sustainable development at the FIABCI World Prix d’Excellence Awards 2018.
Looking ahead, the company seeks to “build our presence in Singapore and will continue to acquire land for our development activities”, says Neo.
Read also:
https://www.edgeprop.sg/property-news/daintree-residence-accentuating-draw-beauty-world
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