Uptown @ Farrer is an integrated development by Low Keng Huat, a reputable developer listed on the main board of SGX. This project is estimated to receive its Temporary Occupation Permit by 1Q 2021. Being so close to its completion date, so there only remains a small window of opportunity to gain a foothold into this unique development. Here are 3 main reasons why Uptown @ Farrer is a good investment property.
1. City Fringe Location
Uptown @ Farrer is located in an enviable city fringe location in prime district 8. It takes only 1-minute walk from Exit G of Farrer Park MRT station to reach the development. From there, you are only 2 MRT stops to Dhoby Ghaut MRT station, Singapore’s most connected MRT station with 3 interweaving lines. Because of its proximity to the MRT and city fringe location, it takes less than 15 minutes by public transport to get to Raffles Place and Orchard Road. This is the ultimate accessibility that one can enjoy!
Furthermore, the condominium is situated just opposite City Square mall, a large shopping mall catered to young families. It has a comprehensive mix of retailers such as Toys”R”us, MindChamps, Decathlon, Don Don Donki and NTUC to cater to every family’s needs.
In addition, it sits adjacent to the Ophir-Rochor road Corridor, a key district identified by URA to be a key area for growth and rejuvenation. Key plans include installation of key infrastructure to transform the entire area into a car-lite and lush green zone packed with lifestyle offerings. Uptown @Farrer is a beneficiary that stands to capture any positive spill-over effects from this massive government undertaking.
2. Easy to rent
This is a rare opportunity to invest in an integrated development that will be popular with renters. The entire project consists of a single residential tower with an exclusive number of just 116 units. Retail shop units nearby offer direct and easy access to F&B offerings (eg: Michelin star-rated Putien) and lifestyle services. These are key amenities that potential tenants will definitely come to expect and appreciate. In addition, the serviced apartment will be operated under Ascott’s co-living brand, lyf, targeted at millennials. With its social kitchen and modular spaces catering for gigs and events, it adds a whole new vibrancy to the entire development.
With fewer units located within the building adding to the exclusivity, as well as an established transport infrastructure and numerous retail offerings a stone’s throw away, this condominium will appeal heavily to renters. Positive examples such as City Square Residences are testament to the popularity of this location. The ease of renting your residential unit signals strong potential capital appreciation in the future.
3. Rare Loft Units That Double Up
A significant effect of Covid-19 is that working from home may soon become the new normal. Therefore, it has become very important to find a conducive place within the house where one can conduct Zoom meetings to work in peace or have their children able to do home-based learning if needed. This is why loft units have increasingly become the apartment type of choice. Uptown @ Farrer offer several types of loft units with ceiling heights reaching 5.9m! The voluminous space allows a home-owner to craft out an extra place for a work office or a study room. In addition, the developer will be providing the loft decking when the unit is completed which is normally not the case. This is an efficient and cost-effective way to carve out more space for your home!
Here are 3 key reasons why Uptown @ Farrer makes a very compelling and good investment property. Simply make an appointment online or via your preferred property agent beforehand to view the showflat and make your purchase.