A spacious four-bedroom duplex apartment is now available for purchase at the prestigious 3 Orchard By-The-Park, a freehold luxury condo. The unit is being offered through an expression of interest exercise (EOI) with a guide price of $15.8 million.
According to the marketing agent, Huttons Asia, the unit measures over 3,800 sq ft and is priced at approximately $4,158 psf. The unit boasts a 4m high ceiling and comes with a private lift. Three of the four bedrooms also have their own ensuite bathrooms. Additionally, the unit underwent a major renovation three years ago, with over $700,000 invested in the revamp, according to Huttons.
3 Orchard By-The-Park, located on Orchard Boulevard and completed in 2017, was designed by renowned Italian architect Antonia Citterio. The luxury development consists of three 25-storey towers and offers a total of 77 units. Ranging from two- to four-bedroom units measuring 1,066 sq ft to 3,800 sq ft, there are also penthouses available sized from 6,555 sq ft to 6,900 sq ft.
When it comes to investing in real estate, one crucial aspect to consider is the location, especially in Singapore. Condominiums that are situated in central areas or in close proximity to important amenities like schools, shopping malls, and public transportation hubs have a higher tendency to appreciate in value. Prime locations in Singapore, such as Orchard Road, Marina Bay, and the Central Business District (CBD), have consistently shown growth in property values. Additionally, condos located near good schools and educational institutions are highly sought after by families, making them even more desirable for investment. To maximize the investment potential, one should consider looking into Singapore Condos in these highly coveted areas.
Located near the bustling Orchard Road shopping belt, the development is also surrounded by reputable schools such as Anglo-Chinese School (Junior), Anglo-Chinese School (Primary), ISS International School (Elementary & Middle school Campus), and Singapore Chinese Girls’ School (Primary). The Orchard Boulevard MRT Station (Thomson-East Coast Line) is also conveniently situated nearby.
With the EOI closing on March 5 at 4pm, interested buyers can take advantage of this rare opportunity to own a luxurious unit at 3 Orchard By-The-Park. Check out the latest listings for the development and compare prices with other condominium properties in the area. You can also view the rental yield for 3 Orchard By-The-Park and explore other condo projects in District 10 with the most expensive average PSF.
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