Haus on Handy Dhoby Ghaut MRT Station by City Developments Limited CDL
Haus on Handy is a new development located in the heart of Dhoby Ghaut by City Development Limited. The site sits right in the heart of Handy Road at Mount Sophia which is one of the most highly sought after location for residential development. Haus on Handy Condo plot of land consist of a conversed building and plans are underway by CDL to convert the building into a clubhouse for residents use.
The site was first announced for sale under the Government Land Sales Programme whereby periodically, land sites are released for sale and interested parties can place an offer to secure the rights for development of the land. City Developments Limited has emerged the top bidder and the price submitted for the plot of land was at $1,722psf ppr. There were a total of 10 bids submitted for the plot of land and this indicate a healthy interest from developers with regards to real estate development in the core city centre in particular to land such as Handy Road which has good location attributes. It is noted that as the market gradually recover, many developers are looking to increase their land bank to take on the upswing in prices.
Haus on Handy City Developments Limited
Haus on Handy CDL has full and unique facilities, which includes a guard house, clubhouse, function room, indoor gym, tennis court, 50m swimming pool, sun deck, BBQ pits & children’s playground. The condo’s facilities provide full family entertainment needs for your family and loved ones. Indulge in a serene and tranquil lifestyle right in the heart of Handy Road.
Haus on Handy Handy Road sites on a prime piece of residential land which represents a timely investment for City Developments Group to replenish its land banks. Haus on Handy will be highly sought after as there isnt any new developments in the area for the past 4 years and there is a backlog of buyers who are looking to purchase residential properties in the Mount Sophia area.
Haus on Handy at Handy Road
Haus on Handy Condo is also strategically located with many shopping centres located around in the vicinity. For example, the popular Plaza Singapura, The Atrium @ Orchard as well as Concorde Shopping Mall are located near to Haus on Handy. Haus on Handy Condo is also located near to Fort Canning Park where plenty of outdoor families are available for residents to spend some quality time with their family.
Haus on Handy CDL Condo will be accessible with Dhoby Ghaut MRT Station that servers as a major interchange among the different MRT Lines. Also, for owners who are taking buses, there are several buses available along Orchard Road and Penang Road. For owners who are traveling to the city, Haus on Handy is located right next to Central Expressway (CTE).
It is noted from CDL Group Chief Executive Sherman Kwek that CDL has been very selective in choosing land for development. In particular, land with good attributes are keenly monitored by the developer and efforts are conducted to secure development permission for land with good attributes.
Haus on Handy Dhoby Ghaut is also near elite schools such as LASALLE College of the Arts, School of The Arts (SOTA) and ISS International School.
Haus on Handy Mount Sophia presents an excellent opportunity for buyers who are looking for prime residential development located close to workplaces. Proximity to workplaces are very important as less time is needed to travel to and fro work. Therefore, there can be more time available to pursue other interest after your work. Haus on Handy site is located near to many workplaces in the Marina Bay area as well as Suntec City and therefore an investment in this area will be more probable as more tenants will be looking at Haus on Handy location. The Greater Southern Waterfront on the Masterplan which includes redevelopment of the area by the relocatio of the City Terminals and Pasir Panjang Terminal meant that there is more land that can be used for commercial and offices and this more amenities near to Haus on Handy site plan. Investors will be buying into a district with more facilities and this will integrated the neighbourhood together with the surrounding private and HDB estate to provide a seamless connection all the way to the Marina Bay Waterfront.
Mission and Vision of City Developments Limited
City Developments Limited have come a long way since its inception into the real estate property scene in Singapore. It has became of the largest real estate company through a set of core values which CDL adopt to create equity for its stakeholders. Some of the core values include creating innovative space to house quality homes, secure investment and competitive businesses. CDL also seeks to leverage on the expertise on other companies to achieve maximum results and to create profitability and sustainability while preserving the environment. CDL understand that the staff plays a critical role in its operations and seeks to provide a long term and stable career for its employees. CDL continues to be involved in real estate properties in other countries such as Indonesia, China, Myanmar, Singapore, Vietnam, Laos and Thailand.
Haus on Handy Close to Amenities at Dhoby Ghaut
The thought of living next to a public facility, like a supermarket or a park, may not sound appealing to some people. However, the advantages far outweigh the disadvantages when you take the time to think about all the benefits you can render from being close by in a community such as Haus on Handy!
Haus on Handy Condo is an astonishing residential unit that is well situated to allow its future residents access to plenty of incredible amenities. If you are leading a busy life, the location of your home can play a key role in helping you escape from the daily headaches you encounter at work. The nearby supermarkets, and other common amenities, can eliminate the usual pain of traveling for a new outfit or even the ingredients for tonight’s dinner! The surrounding parks will serve you well when you need to catch up with your friends or build lasting memories with your family without disturbance.
Parks Nearby Haus on Handy Road
Apart from the many precinct parks and the nearby parks, the residents of Haus on Handy location will have easy access to other established parks in the Central area such as Fort Canning Park and Singapore Botanical Gardens. Aren’t you ready to wake up being greeted with birds chirping and the refreshment of fresh morning air? This environment energizes you and puts you in a relaxed state of mind to set the tone for your entire day! What are you waiting for? Here are a few explanations for the flood of residents that have already made the choice to live near amenities:
Advantages of Developments that are near to Amenities
Convenience is by far the chief, and obvious, motive as to why one should consider living near public amenities like Haus on Handy Location. Whether it’s your weekly grocery store trip, or a quick walk in the park, you will not have to worry with planning as your destination is close by!
2. Save Time
Most people travel a lengthy distance to get to a supermarket or park. Living close these amenities means you will have more time to do your shopping, leisure activity, or more time to be at home with your family! There is a cold storage located at Plaza Singapura and this means less time is needed to travel to get your daily groceries and necessities.
3. Save Money
Apart from saving your time, having a supermarket or public amenity close by saves the money that you would have used on gas or bus fare. These are some of the reasons why living near amenities is so alluring. Everybody loves, and needs, some simplicity in their lives and this is a great way to find it!
4. Helps busy lifestyle
Ways to commute from home determines how well the property supports your busy lifestyle. Excellent roads help in micro and macro level at Handy Road as well as Dhoby Ghaut. Regardless whether you are driving your own car, access to public transport shouldn’t be overlooked. It provides that logistical ease during crucial junctures in life. Travel is something we cannot do without.
City Developments Limited Bids for Government Land Sales Programme
City Developments Limited (CDL) has been very active in the property scene lately in an effort to secure for land sites to catch the real estate upswing. In particular, on the recent residential land bidding under the Government Land Sales Programme, CDL has secured two out of the three 99 years leasehold suites that were put up for sale. Helmed by Kwek Leng Beng, CDL have placed aggressive bids in an effort to shore up its land banks and the 2 sites won are the ones at Handy Road (Haus on Handy) and West Coast Vale (Whistler Grand). These 2 projects will serve as the benchmark in the new era of new launches after the recent government cooling measures.
Haus on Handy Located near to Country Clubs
Haus on Handy Road is located in the established residential area of Dhoby Ghaut and Handy Road near to Orchard Road and hence there are many affluent individuals living around the area. These individuals could be looking for a place to gather and build up their contacts and hence a good venue such as country clubs will be good as there are many facilities and amenities in a Country Club. Haus on Handy is located near to many country clubs such as The American Club, The Tanglin Club, The Singapore Island Country Club, Raffles Town Club, Hollandse Club and Singapore Town Club. These clubs will be the perfect space for these individuals to gather to exchange contacts as well as build up their business.
Increase in Stamp Duty for 2nd timers
The recent government cooling measures have worked in such a way that there is an increase in stamp duty for multiple property owners. For Singapore Citizens aspiring to own a 2nd property, there is now a stamp duty increase from the previous 7% to 12%. Coupled with the decrease in the Loan to Value for 1st property loan, the downpayment including stamp duty has increased significantly and this has restricted many buyers from buying the 2nd property. For example, together with the Stamp Duty and Additional Buyer Stamp Duty, the total downpayment is now close to 40%. This has restricted many investors to look at core city centre condos which has high rentalability as well as low outlay to reduce the stamp duty payable. Haus on Handy CDL Condo is representative of one such investment as it is located next to an MRT Station and tenants will look for a property which is close to their work place coupled with good public transportation network right at their doorstep.
Haus on Handy Location Near to Established Schools
Being located near to schools is also one of the main search criteria for potential investors who are looking to find a unit for own stay. The reason is because if the unit is for own stay, proximity to schools are very important so that owners does not have to spend much time sending the kids to school. This would mean the kids have more time to do whatever that they want or there would be more time for tuition. Haus on Handy is a good location as it is located near to many established schools and educational institutions. Some of the schools are Lasalle College of the Arts, Chatsworth International School – Orchard Campus, ISS International School, School of The Arts(SOTA), Nanyang Academy of Fine Arts, Tanglin School, Raffles Girls’ School Lee Kong Chian School of Business and River Valley Primary School
Haus on Handy Dhoby Ghaut Mount Sophia
A wonderful and unique lifestyle awaits you at Haus on Handy location right in the heart of Mount Sophia and Dhoby Ghaut. Please see Haus on Handy site plan and floor plans for more information.