The Hyde

by | May 21, 2023

The-Hyde-Site-View

We can all agree that the Hyde Condo is set to revolutionize the Singaporean property market scene, the luxurious freehold condominium is located right at the heart of Balmoral Road in District 10.

Aerial View of the Hyde Condo site plan

Formerly known as 11 Balmoral, The Hyde Condo will be an upcoming stunning condominium development that will comprise of 1 block, 16 storeys with exclusive 100 residential apartments consisting of a unit mix of 1-4 bedroom apartments with various layouts that will cater to all families of different sizes.

The Hyde condo spans over a site area of 66,952 sq.ft with a gross floor area of 107,123 sq.ft giving residents with spacious and elegant units; the condo has a plot ratio of 1.6 allowing residents to move freely within their homes.

The developer of the Hyde Condo is Aurum Land (the Boutique development arm of Who Hup Group).

The Hyde Fact Sheet

Project Name The Hyde
Developer Aurum land (Subsidiary of Woh Hup Group)
Address of Development 11 Balmoral Road Singapore 259796
District 10
Site Area 66,952 sq.ft
Gross Floor Area 107,123 sq.ft
Plot Ratio 1.6
No. of blocks/levels one block, 12 storeys
No. of units Approximately 100 residential units
Expected T.O.P Date TBA
Architect TBA

The Hyde Location

The Hyde’s condo proximity to amenities is what stands out for me the most; it’s a walking distance to a wide variety of shopping mall, eateries, and top-restaurant that will meet all the needs for future residents.

The Hyde has excellent connectivity; it’s a stone throw away to Newton MRT station that links with other lines that provide residents with convenient and hassle-free movement throughout the city center and all parts of the Island.

Drive from The Hyde Condo to Orchard Road

The world-renowned Orchard Shopping belts is a 2-6 minutes’ drive; once you arrive at Orchard Road you will be welcomed with plenty of world-class shopping centers and mall that will provide you with endless shopping, exciting recreational sites, and exquisite dining; residents are in for a treat!

Drive from The Hyde Condo to Raffles Place

The downtown commercial hub of Raffles Place is just a 7-16 minutes’ drive ensuring working-class residents get to work on time.

The Hyde offers plenty of easy-going travel options, Stevens MRT station that connects with the Down Town Line that will lead you to all the regions in Singapore.

The condo is close to major expressways; it will only take you 3-5 minutes to travel from the Hyde condo to CTE and PIE. The condo is about a 6-minutes driving distance to AYE, around 12 minutes to SLE and about 14 minutes to BKE making it easier and convenient to travel anywhere within Singapore.

The Hyde condo is closer to plenty of bus stops that provide direct access to the CBD and other parts of the city center and providing residents with convenient means of transport.

For residents in the mood for a walk or stroll going to work, Newton MRT station is a 13-minute walk via Dunearn Road according to google maps.

The Stevens MRT station is a 17-minute walk from the condo If the weather is conducive making it convenient for residents without cars to get to work earlier and avoid the morning traffic.

The Hyde Developer

The hyde condo is developed by Aurum land, a boutique arm of the Who Hup Group. The group was founded in 1940. Over the years the group is known for its proven track record of developing high-quality homes that have won more than 400 awards that includes 60 excellence awards such as BCA quality start championship award

Who Hup Group is one of the largest private contractors that specializes in construction and civil engineering with a 2500 strong skilled and technical workforce; the group is not only known for construction but also in Charity works giving back to society has helped them solidify their legacy.

Over the years the company has undertaken numerous condominium developments both locally and internationally. Some of the most widely acclaimed projects are;

The Orient, a great condo that combines nature and modern development.

Coco Palms, a stunning architectural masterpiece filled with Cocoa palms.

Lakefront Residences with beautiful views of the city skyline.

The Hyde Floor Plan

The Hyde Floor Plan

The Hyde Amenities

The Hyde condo near Paragon, a high-end luxury shopping mall that houses local and international brands bringing a touch of class to your doorstep

The Hyde Condo near Bishan-Ang Mo Kio Park, the perfect place for a jog/stroll or engage in plenty of outdoor activities with friends and family.

The Hyde Condo near Cold Storage, the most exceptional shopping center and grocery store close by.

The-Hyde-near-far-east-plaza

The Hyde Condo near Far East Plaza, plenty of shops offering trendy and fashionable items at competitive prices and providing affordable beauty services.

The Hyde Condo near ION Orchard mall, the go-to place for shopping and dining out.

The Hyde Condo near Newton MRT station boosting accessibility to and from the condo.

The Hyde Condo near FairPrice finest the perfect place to purchase fresh groceries and home supplies.

The Hyde Condo near Shaw House, one of the most popular cinema complexes in Singapore where you can watch the latest blockbusters and movies straight from Hollywood.

The-Hyde-near-Sheng-Siong-Supermarket

The Hyde Condo near Sheng Siong, the best grocery and fresh food supermarket.

The Hyde Condo near JR Takashimaya, the best alternative when it comes to shopping.

The Hyde Condo near Tanglin Shopping Centre providing you with ample choices for fashion, food and your daily requirements.

The Hyde Condo near Tangs, an iconic shopping destination.

The Hyde Condo near Stevens MRT station providing you with convenience when travelling.

The condo is nearby plenty of parks and Playgrounds where you can go with your kids to blow-off some steam after a hectic week.

The Hyde Investment Opportunities

One of the key things that most home seekers look for is proximity to amenities and the ongoing developments near the vicinity will bring convenience right at your door step attracting residents to the Hyde Condo boosting potential for high capital growth, rental yields and occupancy rates.

There will be new commercial developments in Novena that will attract business creating new job opportunities to both natives and foreigners increasing potential pool of tenants looking to stay at The Hyde Condo.

The existing and ongoing developments will develop new housing units for the ever-increasing demand increasing potential for high capital appreciation for surrounding properties near the area and The Hyde Condo is strategically located to also benefit.

School Near The Hyde

Invest in your child’s future by taking them to the best schools and the Hyde Condo is not short of options. Its closer to prestigious educational institutions right from primary to tertiary level enabling both parents and their kids save on time and transportation cost.

Singapore Chinese Girls Primary School and Anglo-Chinese Primary School are nearby a 1-kilometer radius from the Hyde Condo.

Other notable schools within the property’s vicinity are:

The Hyde Condo is also nearby Kindergarten and baby day care centers that offer world class services ensuring you toddler is fully taken care of.

The Hyde Facilities

Artistic impression of the Hyde Condo main living area.

Artistic impression of the Hyde Bedroom area.

Artistic impression of The Hyde Condo indoor gymnasium.

The Hyde Pricing

Type Size (sqft) Net Price PSF
1 Bedroom 495 $1,400,000 $2,828
2 Bedroom 688 $1,900,000 $2,762
3 Bedroom 1249 $3,600,000 $2,882

We can calculate the break-even price. The site area of the Hyde Condo was purchased at SGD$73.8 million plus with additional development charge of $10.76 million adds up to SGD$84.56 million.

The former site of Balmoral Gardens the 2nd site area was purchased at SGD$83 million together with a development charge of $23.6 million works out to $106.6 million. For the combine cost of both lands the total cost is $191.16 million translating to a land rate of $1,784 PSF PPR.

After factoring in the development, construction, marketing and overhead cost the break-even cost to the developer is approximately $2,600 PSF PPR.

The Hyde Review

The Hyde Condo is a chic and elegant condominium development that is set to complement your urban living lifestyle. Here are some of the top reasons why you should seriously consider The Hyde Condo.

  • It’s a unique freehold development
  • Easily accessible to major expressways and MRT stations.
  • Only one MRT station to Central Business District
  • Nearby prestigious and top educational institutions
  • It has high potential for rental yield
  • It’s a good property investment.