Comparing the Reserve Residences Price to Other New Launches in the Bukit Timah Area

If you are thinking of investing in a new condo in Singapore, it is essential to do a proper comparative analysis. This will help you determine whether the development is worth your money or not.

The Reserve Residences is an upcoming 99-year leasehold mixed development developed by Far East Organization and its sister company Sino Group. They are a well-established developer with a strong track record in mixed development.

1. Location

Located in the prestigious Bukit Timah neighborhood, Reserve Residences is a new integrated development developed by Far East Organization and Sino Group. It offers a mix of residential, business, and integrated transport system uses.

This development is strategically located close to Beauty World MRT station. It is also linked to the upcoming Beauty World Bus Interchange, a new transport hub in this area.

It is also a short drive away from several reputable schools. These include Methodist Girls’ School and Pei Hwa Presbyterian Primary School.

Nature parks are also nearby. Residents can go for a walk or enjoy jogging along the green paths in these parks. Some of them even offer a bird-watching experience. Moreover, the coast-to-coast trail is nearby as well.

2. Amenities

Developed by well-known developers, The Reserve Residences boasts stylish modern designs and enticing facilities for a prestigious lifestyle. From a state-of-the-art gym to a hydrotherapy pool, residents can indulge in the many amenities and features that are designed with their health, comfort and happiness in mind.

The development is also linked to various transport lines ensuring smooth commutes. Beauty World MRT station is a short walk away while major expressways such as BKE, PIE, and KJE are just around the corner.

In addition to the impressive amenities, the site is also home to some of the most reputable schools in Singapore. Among them are the famous Pei Hwa Presbyterian Primary School and Methodist Girls’ School.

3. Units

The Reserve Residences price starts from S$1.292 mil for a one-bedroom unit and stretches up to S$3.456 mil for the swanky 5-bedroom condo. The indicative psf range is S$1,546 to $2,391 psf, which is in line with the average prices of new launches in the area.

The Reserve is a 99-year leasehold mixed-use development located at the junction of Upper Bukit Timah Road and Jalan Jurong Kechil, next to Beauty World MRT Station. It will feature 732 residential units, shops, F&B, and community facilities.

The developer, Far East Organization and Sino Group has a track record for building quality properties in Singapore and Mainland China. They are committed to creating sustainable buildings that offer a good return on investment. They also ensure that their designs are functional and attractive.

4. Developer

FE Landmark Pte Ltd is an established developer that has successfully completed numerous projects. Its core business includes a diversified portfolio of retail, office, industrial and residential properties across mainland China, Hong Kong and Singapore.

Together with its sister company, Sino Group, FEO has a reputation for quality. It has been developing a wide range of mixed-use projects and is renowned for its expertise in shopping mall management.

The Reserve Residences is a landmark development tipped to herald the next phase of transformation in Upper Bukit Timah/Beauty World area. Featuring an integrated transport hub with a bus interchange and connected directly to Beauty World MRT station, it will contribute significantly to the overall growth of the precinct.

5. Miscellaneous Fees

When it comes to purchasing a condo, price is one of the most important considerations. Whether it’s for investment or to live in, the launch price of a new development is usually a good indicator of its quality and potential.

The Reserve Residences’ price is estimated to be in the range of S$1,546 to S$2,391 psf. This number is based on the construction cost, land costs, and miscellaneous fees associated with the project. The developer’s pricing strategy is likely to target the tail ends of the condominium market in Singapore. It also aims to provide top-notch amenities and facilities for its residents. This ensures that homeowners get a fair deal and sound investment when buying their own unit at The Reserve Residences. The above-mentioned factors make the development a great choice for those looking to buy a home in Singapore.