Gem Residences (D12), Condominium - For Sale #90691051
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Gem Residences (D12), Condominium - For Sale

Investor Alert! Own 3 units without paying ABSD. Maximise rental income
979 sqft | $1,839 psf (Built)
$1,800,000
3 Beds
3 Baths
Estimated mortgage $X,XXX monthly
CEA: R009885C | L3008022J
Hi I'm Megan Yvonne Lim
Enquire Now
Own 3 units without ABSD! High yield at 4.6%. Maximum rental income

**Investor alert** Own 3 units without ABSD! Enjoy maximise rental return with great passive income.
1st in Singapore!! The one and only Trio Dual Key concept. Located at central of Singapore and walking distance to 2 MRT - Braddell MRT and Toa Payoh MRT station

- Rare new large development in mature estate
- No competition within surrounding developments
- 3 units of studio with attached bath individually and kitchenette + balcony
- High rental demand at city fringe
- Flexibility of space for short and long term lease
- Superb cash cow unit for investment.

City Fringe living – Gem Residences is one of those extremely rare development in a matured estates such as Toa Payoh. Due to the limited land available, it is expected that demand will be high considering the excellent location and the many amenities in this town. High rentability is also expected due to the lack of condominium supply in Toa Payoh and the fact that it is in the Rest of Central Region.

Supply in this estate is minimal and thus the future potential in capital appreciation will be exceptional.

Rare investment opportunity – Gem Residences is indeed a rare investment property to come by. Toa Payoh is home to only 3 condominiums namely Oleander Towers, Trellis Towers, Trevista. While the rest are about 20 years in age during Gem Residences TOP date at year 2020, Trevista is the youngest at already a decade old. The current supply of condo units in this estate is only at a humble 1292 units. This is also the very reason for the rental market here to be so strong due to the weak supply.

#RareinvestmentUnit
#CityFringeCondo
#DualKeyCondo
#TrioKeyCondo
#CondosTo2MRT
#WalkTo2MRT
#ToaPayohNewCondo
#StrongPassiveIncome
#CondoWithHighRentalDemand
Read more
Megan Yvonne Lim
CEA: R009885C
CEA: R009885C | L3008022J
Hi I'm Megan Yvonne Lim
Enquire Now
About this property
Address
1 Lorong 5 Toa Payoh (319458)
Property Name
Property Type
Condominium
Model
Condominium
Bedrooms
3
Bathrooms
3
Furnish
Fully Furnished
Tenure
LEASEHOLD/99 years
Developer
Gem Homes Pte Ltd
Built Year
2019
No. of Units
578
Asking
$1,800,000
Size
979 sqft (Built-up)
PSF
$1,839 psf (Built-up)
Tenancy Status
Not tenanted
Date Listed
1699684322
Facilities
City View
Fibre Ready
Dual Key
Balcony
What's in this area?
All
Trains (MRT & LRT)
Bus Stops
Schools
Shopping Malls
Groceries & Supermarts
Trains (MRT & LRT)
BRADDELL MRT
NS18
TOA PAYOH MRT
NS19
CALDECOTT MRT
CC17 TE9
Bus Stops
Blk 52
232
Toa Payoh Police Ctr
59231232129
Blk 56
23128735688105155157159163153
Primary Schools
Kheng Cheng
0.44 km
First Toa Payoh Primary
0.55 km
Pei Chun Public
0.55 km
Secondary Schools
Beatty Secondary
0.36 km
Guangyang Secondary
0.66 km
Raffles Institution
0.95 km
Integrated Schools
Raffles Institution
0.95 km
St. Joseph's Institution
1.49 km
Catholic High School
1.9 km
Shopping Malls
HDB Hub
0.79 km
Junction 8
1.33 km
Junction 8 Shopping Centre
1.35 km
Groceries & Supermarts
NTUC Fairprice Toa Payoh Lorong 4
0.19 km
Sheng Siong Hypermarket(Lorong 7 Toa Payoh)
0.49 km
NTUC Fairprice (Toa Payoh HDB Hub)
0.77 km
Google Map
Tap to Zoom
Bus/MRT
- mins
Drive
- mins
Walk
- mins
BRADDELL MRT
NS18
0.54 km
Bus/MRT
- mins
Drive
- mins
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- mins
TOA PAYOH MRT
NS19
0.81 km
Bus/MRT
- mins
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- mins
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- mins
CALDECOTT MRT
CC17 TE9
1.27 km
Bus/MRT
- mins
Drive
- mins
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- mins
Blk 52
232
0.2 km
Bus/MRT
- mins
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- mins
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Toa Payoh Police Ctr
59 231 232 129
0.21 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Blk 56
231 28 73 56 88 105 155 157 159 163 153
0.22 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Kheng Cheng
0.44 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
First Toa Payoh Primary
0.55 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Pei Chun Public
0.55 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Beatty Secondary
0.36 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Guangyang Secondary
0.66 km
Bus/MRT
- mins
Drive
- mins
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- mins
Raffles Institution
0.95 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Raffles Institution
0.95 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
St. Joseph's Institution
1.49 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Catholic High School
1.9 km
Bus/MRT
- mins
Drive
- mins
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- mins
HDB Hub
0.79 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Junction 8
1.33 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Junction 8 Shopping Centre
1.35 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
NTUC Fairprice Toa Payoh Lorong 4
0.19 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Sheng Siong Hypermarket(Lorong 7 Toa Payoh)
0.49 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
NTUC Fairprice (Toa Payoh HDB Hub)
0.77 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
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Home Price Insights
SRX estimates the market price of this unit at $XXXXXX
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