SHOWCASE - The Gazania
Updated: Feb 23
D19 Freehold Condo | 3 minutes from Bartley MRT
Showcase is a series of posts where I shine the spotlight on a special property!
Earlier this week, my team and I have combed through more than 150 projects in Singapore and filtered down to an exquisite list of GOOD and GREAT BUYS across the island for TOP investment properties in the first half of 2022.
One of the GREAT buys in our list is what I will be shining the spotlight on today - The Gazania.
The Gazania is a freehold condominium located at 5 How Sun Drive. It is developed by SingHaiYi Group, which has an excellent track record and a high CONQUAS score of 94.3*, a validation of the excellent workmanship quality of the developer.
General Information on The Gazania
Site area - 146,046 sq ft
District - 19
Tenure - Freehold
Configuration - 250 units
Expected TOP: Dec 2022
If you recall, we checked out on The Lilium last week. What you might find interesting is The Gazania and The Lilium are both developed by SingHaiYi, and both develpments are located right next to each other.
If The Lilium is the petite and sweet little sister with a total of 80 units, then The Gazania is the strong, big brother located right next to The Lilium with 250 units.
The Gazania - Unique Selling Points
★ 3 Minutes walk to Bartley MRT Station
The close proximity to the MRT station is a huge selling point to The Gazania, making it super convenient for the residents to take the public transportation to their desired destinations quickly and efficiently.
★ Bus Stop is a mere 2 Minutes walk away with buses 129, 158, 28, 93.
★ Great Schools in the viccinity
Less than1km are a couple of great schools, including Paya Lebar Methodist Girls' School (Primary, St Gabriel's Secondary School and Maris Stella High School. There is also no lack of choices for Childcare facilities within short walking distances.
Now, let's walk a walk inside The Gazania!
Imagine yourself driving into the beautiful arrival canopy and walking up to the grand arrival plaza. A majestic water wall greets you and your guests, delighting you visually as the water sound soothes.
Outdoor Fitness Corner
50m Lap Pool
255 Car Park Lots (+ 7 hadicapped lots)
There are a total of 7 5-storey blocks totalling 250 Freehold apartments. The Gazania seems to have something for everyone, with unit types ranging from 1 bedroom to 4 bedrooms and luxurious Penthouse, and each unit type has many different configurations for you to choose from.
1-Bedroom 441 - 463 sqft $958K - $1,063M
2-Bedroom 624 - 678 sqft $1,325M - $1,541M
2+Study 678 - 700 sqft $1.455M - $1,585M
3-Bedroom 850 - 915 sqft $1,772 - $2,045M
3-Bedroom Premium 958 - 1055sqft $1,942M - $2,287M
4-Bedroom 1259 - 1851 sqft $2.579M - $3,514M
4+Study 1291 - 1841 sqft $2.720M - $3,545M
4-Bedroom Penthouse 1808 - 1970 sqft $3.558M - $3,980
Interesting to note - 4-bedrooms have the lowest psf of $1,790psf. This is a very comfortable range, a freehold property but with leasehold prices, and so close to the MRT! You can expect future developments to be launched at a much higher psf.
And it is possible to own a 1-bedroom condo at less than1M!
Other interesting points
Currently, only 30% of the units at Gazania are sold.
Before Dec 2021, to qualify for the ABSD remission of 25% (Now 35% with the new Cooling measures!) developers need to complete the housing development and sell all units of housing accommodation in the development within 5 years from the acquisition date. In early days of launching, developers would usually price their properties at a very attractive rate so that they can achieve a certain percentage of sold units and be confident of qualifying for the ABSD remission. After which, there would usually be a price hike.
Now is still a good time to get into Gazania!
Another thing is, The Gazania's expected TOP is end of this year. This is the perfect time frame for you to sell your current property if you need to. It is also not too long a wait coz' you know we all can't wait to move into our brand new home!
Besides the convenient location and accessibility, The Gazania is also located very close to the Bidadari estate which had been targeted for residential development in the 2014 Master Plan. The 10-hectare Bidadari Park (which is about the size of 15 football fields) will feature a lake, a heritage walk, open lawns and experiential trails. 10,000 Housing Board units will be progressively completed by 2022. As anyone can imagine, the entire area and its viccinity will come alive and The Gazania will most probably benefit from its proximity from the Bidadari.
Click here to get a concise Summary of The Gazania
In conclusion, The Gazania makes a very solid purchase.
If you are interested to learn more about The Gazania, contact me at 8268 1409!
*BCA IQUAS (Information on construction quality correct as of Jan 28, 2022)
** Huttons Analyser
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About the Author
Jayne is a licensed real estate agent who is passionate about helping others find their dream homes.
She is a mother of 3 amazing children and a cute but silly maltipoo named Cookie. She claims she doesn't have a favourite, but just between you and me, I think she loves the 4-legged kid the most.
She is a morning person. You can usually find her working out, meditating and/or reading a book over a cup of black coffee on the roof terrace in the morning.
Her super power is her attitude of gratitude, and so with a thankful heart, thank you for being here!
Call Jayne at 8268 1409 to chat about your real estate matters!