The Singaporean property developers have ramped up the supply of new launch condos as they are looking to capitalize on the status of Singapore being the leading property hub of the world.
They are also looking to satisfy the ever-rising demand from both locals and expats who are looking to stash their cash in the local real estate sector.
A new entrant into the market is Ki Residences, an upcoming new development that is set to occupy the former site of site Brookvale Park, located in the heart of exclusive Sunset Way enclave.
The home will be located in a leafy suburb middle-class region zoned as a residential area, ensuring its future residents enjoy a tranquil and serene environment that is not too close or far from the bustling city center.
The new condo for sale Singapore will feature 660 luxury units across a site area of 373,008 square feet that will cater families of all sizes.
Well, what are our thoughts about this project? Is it an attractive investment venture in Singapore? It has its advantages but also its drawbacks. Well, for this Singapore condo Review, we are going to have an in-depth discussion of everything regarding this fantastic property.
Ki Residences Fact sheet
|Project Name||Ki Residences|
|Developer||Hoi Hup Realty and Sunway Group|
|Address||Sunset Way, Clementi 1 Brookvale Drive Singapore 599968|
|Site Area||373,008 sq.ft|
|Gross Floor Area||596,812 sq.ft|
|Estimated T.O.P. Date||T.B.A.|
Ki Residences Location
The property is a 26-minute walk to Clementi M.R.T. station, according to Google Maps, allowing its residents easier navigation within the city.
Ki Residences has an excellent road network that links to Clementi Road, ensuring residents enjoy a smooth and hassle-free journey to and from the CBD.
The Orchard Park Shopping Belt alone will cater to every shopping and fashion needs of its residents, and its located in one part of the city.
The new property is a 14-26 minutes’ drive providing you with a variety of shopping, dining, nightlife, and entertainment. It’s the ultimate haven for nightlife features.
The Singapore condo for sale will be surrounded with wonderful lush-greenery providing new residents an immediate escape from city life. For those who love the quiet and peaceful time when they get home will cherish living in the condominium.
The downtown financial center of Raffles Place is an 18-30 minutes’ drive from the new condo, making Ki Residences ideal for you working professionals who want to be punctual to their workplace.
Raffles Place is also a tourist attraction, enjoy Victorian themed theatres and ancient museums to get to know more about the arts and culture of Singapore.
The Real Estate property offers quick access that will shorten drive times. Ki Residences is a 6-7 minutes’ drive to P.I.E., AYE, and B.K.E., respectively.
It will also take you approximately 12 minutes to drive from the condo to S.L.E. and K.J.E. that will drastically reduce traveling times.
With dozens of various bus lines running up and down Clementi Avenue, residents can get to work, school, or across the city easier than ever.
The Ki Residences has a fantastic location, which means residents will not have to travel far to access the best plazas and Plaza and shopping centers and the most amazing parts these amenities are accessible by Beauty World M.R.T. station.
Ki Residences Developer
Hoi Hup Realty is a Singaporean based developer that was founded in 1983; the condo developer has completed plenty of projects in Singapore. The developer has a diverse which range from the cluster housing project, landed housing, mixed-use development, and private condominiums.
To date, Hoi Hup has added approximately 7300 housing units to the S property market. The developer’s core values are to create functional, quality, and innovative spaces that provide the utmost comfort.
Hoi Hup has won several awards and accolades over recent years underlining their impressive track record such as BCI Asia’s Top 10 Developers Award for 2012, 2013, 2017 and 2018.
Sunway Developments is a wholly owned subsidiary under Sunway Group, a Malaysian based conglomerate.
The holding company’s core businesses includes property development and investment, real estate REITs, leisure, education, information technology and design and construction of mega-projects.
In Singapore Sunway Group is one of the leading concrete pre-casters that have been used in both public and private projects.
Some of the stunning condo by both home developers include:
Miltonia Residences also developed by Hoi Hup Sunway
Rivercove Residences also developed by Hoi Hup Sunway, a wonderful and beautiful collection of homes amid natural ecosystem.
Sophia Hillsalso developed by Hoi Hup Sunway
Ki Residences Floor Plan
Ki Residences Amenities
Ki Residences near 321 Clementi, a popular shopping destination with products from different parts of the world.
Ki Residences near Big Box, the best place for discerning a wide variety of lifestyle options.
Ki Residences near Clementi MRT station
KI Residences near Cold Storage Rail Mall, the go-to grocery store and home shopping spot
Ki Residences near City Vibe
Ki Residences near IMM
Ki Residences near J Cube, an established shopping mall in Jurong East
Ki Residence near Jem Mall, providing you with ample needs for shopping, fashion and entertainment.
KI Residences near NTUC FairPrice at Clementi Mall
Ki Residences near The Clementi a premier shopping mall that houses local and international brands.
KI Residences near West Coast Park, the best place for family-friendly activities.
KI Residences near West Coast Plaza
Ki Residence near Clementi Arcade
Ki Residences Investment Opportunities
The new home is closer to new commercial developments, business parks and industrial estate which will be provide new job opportunities to locals, thus more professionals will be looking for housing solutions in Ki Residence.
The URA management authority plans to add more housing units in the next 5-10 years within Clementi and West Coast, these developments are going to boost potential for capital appreciation in nearby apartment development like Ki Residence.
With plenty of green spaces near the property coupled with fact that land inis scarce. Combined with the fact that there are already various private residential developments, buyers can be sure that the Ki Residences will appreciate in value.
The improvement of the transport sector is going to revolutionize movement making journey’s faster and smoother. Ki Residences will be closely situated from this overhaul and is set to fetch premium condo prices as well as increased rental rates.
School Near Ki Residences
Parents will rest easy knowing their kids are schooling nearby cutting down on transportation cost as well as saving time. They can also be able to pick their kids to and from school.
Some of the popular schools within the condo’s vicinity include:
- Nan Hua Primary School
- Clementi Primary School
- Pei Tong Primary School
- Clementi Town Secondary School
- Nan Hua High School
- National University Singapore
- Newtown Secondary School
- Singapore Polytechnic
- NUS High School of Mathematics
There are also plenty of baby daycare and kindergarten centers that will cater to you toddlers needs as well as you.
Ki Residences Facilities
Ki Residences Pricing
After factoring in the development, construction, marketing and overhead cost; the break-even price to the developer will be $1,500 PSF.
Ki Residences Review
The condo will be truly a magnificent place to reside in. For those who are a bit skeptical, here are the TOP reasons why you should secure your unit.
- Location wise- it’s close to shopping and dining establishments
- Has potential for high rental yield
- Close to reputable educational institution
- Rare nearly Freehold condominium
- Excellent connectivity
- Developed by well reputable Hoi Hup and Sunway Development