Singapore’s District 14 is a highly sought-after area for home-buyers and property investors. For one thing, it’s suitably set apart from the din of the metropolis, yet it’s still very near the country’s financial district. In addition, the coveted suburban address also happens to be within range of a variety of iconic destinations, including the illustrious Orchard Road and the East Coast. It’s also a great place to raise a family, being in the neighborhood of housing estates and several schools.District 14’s Geylang area is the site of a rare freehold development called Loft 33. The low-density condominium is designed for only 30 residential units, and all 30 are dual-key homes. Loft 33 is a venture of Macly Equity Pte Ltd, and will be completed by 2017.
An Assortment of Dual-Key Units for Close-Knit Families
Loft 33 encourages families to stay together. Having only dual-key units throughout the development, each residence can accommodate two households in one, while still ensuring privacy between them. It’s an ideal situation for multi-gen families – it’s not uncommon among adult Asians to live close to their elderly parents, even after having children of their own. And naturally, grandparents would love to watch their grandchildren grow up, so this can be a favorable arrangement for everyone involved.
However, if you won’t be living with your extended family, a home in Loft 33 is still a worthy investment. You can create your own living space in the main area, and then utilize the attached studio unit for other things. You might want to use it as your home office during the daytime, or perhaps even rent it out to a tenant for some extra income
– 2BR (20 units; 614-700 sq ft)
– 2BR with study (3 units; 710-721 sq ft)
– 3BR loft unit with study (4 units; 1,206-1,216 sq ft)
– 2BR penthouse (1 unit; 850 sq ft)
– 3BR penthouse with study (2 units; 1,206-1,238 sq ft)
With these efficiently laid-out units, there will be more than enough room to live your dreams. Think about it: common areas and bedrooms with ample legroom. Each home also comes with a stylish esthetic to suit even the most discriminating taste. Units will even be finished with high-end fixtures by international brands like Bosch, Grohe, Duravit, and Blum.
Lastly, an ideal home should have a good amount of privacy and quietness. That’s why the entire development has only 30 units, allowing you to have a more serene, more secure lifestyle.
Leisure Options for Everyone
Loft 33 is a modern condominium that doesn’t just have quality homes; it also has creature comforts for its residents. That’s because everyone deserves a space they can live in, but people like you who work hard for your money deserve a little extra. Unwind in the leisure deck on the 8th level. There, you’d find spots for rest and recreation – the kind you would see at a wellness center. After a long work day, you can reward yourself with a sensual dip in the spa pool, or a pleasurable swim in the lap pool. If you’d rather not get wet, you can just lay down on the sun deck. At the outdoor dining area, you can have a meal with your family over the cityscape. You can even use the barbecue pit for a fun cookout. In the mornings, give yourself a much-needed mood boost by activating your endorphins: sweat it out at the serenity courtyard, or refocus at the yoga corner.
If you think these in-house amenities aren’t enough, you’ll certainly have your fill with what the surrounding neighborhood has to offer. Just nearby is the Geylang Park Connector which extends from Lorong 40 all the way through Tanjong Rhu Promenade. It’s an excellent place for jogging, cycling, or just taking a leisurely walk.
If you love shopping, you’ll be glad to have a home near a lot of retail plazas and shopping meccas. Just a few blocks away are City Plaza,Tanjong Katong Complex, and Joo Chiat Complex. A little farther on are Katong Shopping Centre and Roxy Square. In 15 minutes, you can drive to Orchard Road or Bugis.
Dining options also abound. Geylang Road is strewn with different kinds of restaurants and eateries, and there’s also Guillemard Village on Guillemard Road. There are even a few food centres in the area; the nearest ones can be found at Geylang East Avenue-1, Haig Road Block 14, and Old Airport Road. In addition to these places, the shores of the Geylang River in Paya Lebar are being updated to accommodate more establishments, including some waterfront restaurants.
Just a few kilometers away is Kallang Riverside Park, which is right now being aggressively developed into a robust commercial and leisure destination. In a few years, it will even be more vibrant with new hotels, water sports facilities, retail outlets, and the soon-to-be-launched Singapore Sports Hub. A short drive will also take you to Marina Bay Golf Course, Gardens By the Bay, and Marina Bay Sands.
A Truly Favorable Asset
Loft 33 is on Lorong-32 Geylang, which is just within walking distance from Aljuneid and Dakota MRT Stations. In addition, it’s easily reachable via Geylang, Guillemard, Mountbatten, and Serangoon Roads, so you won’t have any trouble driving to or from other places on the island. The site also has easy access to the PIE, KPE, CTE, TPE, ECP. Within minutes, you can get to significant places like the Paya Lebar, Marina Bay, or the CBD.
In keeping with Loft 33’s vision for family living, the location is in the vicinity of a lot of schools. These include Haig Girls School, Tanjong Katong Primary and Secondary Schools, Chung Cheng High, Dunman High, Kong Hwa School, Geylang Methodist Primary, Eton House International School, Chatsworth (East Campus), and Canadian International School.
Such a plum location not only means a fantastic lifestyle; it also means capital appreciation and a generous yield from rent. In fact, District 14 has been noted to have the highest rental yield in the country, where investors can earn as much as 6% more. With so many corporate areas, commercial hubs, and industrial parks nearby, you’d be sure to find an eager tenant in no time. The affordable quantum is also quite desirable – you can have a two-bedroom dual-key unit for as low as S$885K.
Go live the life you’ve always dreamed of. At the end of the day, a comfortable, successful lifestyle all boils down to effective financial planning. So be sure to get the best expert advice, especially with important purchases like a home. Make a wise decision: compare home loan Singapore first before you sign any papers or checks. Seek the services of iCompareLoan mortgage broker.
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