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Cashew Heights Condominium (D23), Condominium - For Sale

1,658 sqft | $1,616 psf (Built)
$2,680,000
4+1 Beds
3 Baths
Estimated mortgage $X,XXX monthly
CEA: P000146I | L3008899K
Hi I'm Sam Wong
Enquire Now
Listings
Why you should consider this unit :

# This unit have created an extra room elegantly in living area now become 4+1, providing more spaces for family members, and increase rentability to tenants who want more rooms for better privacy.

# Size does matter, bigger means better quality of life and privacy. These days rarely you can find in any new project unless in the high upmarket segment where unit are selling way above $2xxx. In mass market condo usually at suburb area and mostly 99 leasehold, with 4+1 or largest unit size seldom hit 1400 sq.ft. because developers prefer to build more units at smaller size to maximise higher return.

# The maintenance fee per quarter is well below $900, compared to many 3 bedrooms newer condo already charge over $1100 for size around 1000 sq.ft, while many 2 bedrooms size below 700 sq.ft charge over $900. That reflect healthy fund and excellent management of the estate over 3 decades.

# Highly connectivity from Cashew Station (DT2), which is only 6 mins walk from the unit very doorstep. Reach downtown easily within 30 mins by train, Close to BKE/PIE and many buses along upper bukit timah road. To changi airport only take 30 mins by car or 70 mins by train.

# Cashew Heights Condo is 999 leasehold (from 25/09/1882), technically is as good as freehold property. New launches these days are mostly leasehold, even the land could be freehold, but that is owed by developer. When they build a new project, they can sell it under 99 or 60 year lease term, they will take back the property and re-developed again generate next cash cow when the lease expired.

# Highly enbloc potential - The land size is 88,535.8 sq.m or 952,991 sq.ft, is one of the biggest land plot in Singapore, yet the total unit is only 596. Many new condo are way over populated sitting on much smaller land with plot ratio over 2.8 making future enbloc almost less profitable. URA Master plan is revised every 5 years, the last 2019 revision Cashew Heights' plot ratio still remains at 2.1 while neighboring plot has been increased to 2.8 and 3 as evidenced by newer development took place in recent years.

# Developer who enbloc big pieces of land usually break the land into smaller pieces for different developments, such as change of usage, building more units much like todays' condo development trend in order to maximise the land/plot ratio. Cashew Heights have great upside due to its excellent location. As mentioned, developers today likely to redevelop new project and sell under shorter lease such as under 99 or 60 years lease. Only freehold and 999 lease properties which is rarely available these day, allow them to have such free-play to keep rolling future return.

This unit has just been tenanted at $5600, the record high in the area till end of May 2023.

Please contact Sam Wong 9067XXXX for viewing.
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Sam Wong
CEA: P000146I
9067XXXX
CEA: P000146I | L3008899K
Hi I'm Sam Wong
Enquire Now
Listings
About this property
Address
85 Cashew Road (679656)
Property Type
Condominium
Bedrooms
4+1
Bathrooms
3
Furnish
Fully Furnished
Tenure
999 years
Developer
City Developments Ltd
Built Year
1992
No. of Units
596
Asking
$2,680,000
Size
1,658 sqft (Built-up)
PSF
$1,616 psf (Built-up)
Tenancy Status
Not tenanted
Date Listed
1674695671
Facilities
Car Park
Club House
Fitness Area
Gymnasium
Landscaped Garden
Multi Purpose Hall
Play Ground
Securities
Squash Court
Swimming Pool
Tennis Court
Wading Pool
High Ceiling
Renovated
Flooring For Living/dining
Air-conditioning
Kitchen
Flooring For Bedroom
Wardrobe
Study Room
Maidsroom
Balcony
Utility Room
What's in this area?
All
Trains (MRT & LRT)
Bus Stops
Schools
Shopping Malls
Groceries & Supermarts
Trains (MRT & LRT)
PENDING LRT
BP8
PETIR LRT
BP7
CASHEW MRT
DT2
Bus Stops
Cashew Pk Condo
7575A184
Bt Panjang Pr Sch
18475
Opp Bt Panjang Pr Sch
7575A184
Primary Schools
Bukit Panjang Primary
0.13 km
Zhenghua Primary
0.72 km
Chij Our Lady Queen Of Peace
0.74 km
Secondary Schools
Assumption English
0.45 km
Assumption Pathway
0.47 km
Fajar Secondary
0.58 km
Shopping Malls
Hillion Mall
0.84 km
Bukit Panjang Plaza
0.87 km
Junction 10
1.23 km
Groceries & Supermarts
Giant(Bangkit Road)
0.84 km
NTUC Fairprice (Bukit Panjang Plaza)
0.87 km
Giant(Greenridge Shopping Centre)
1.38 km
Google Map
Tap to Zoom
Bus/MRT
- mins
Drive
- mins
Walk
- mins
PENDING LRT
BP8
0.46 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
PETIR LRT
BP7
0.55 km
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- mins
Drive
- mins
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CASHEW MRT
DT2
0.59 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Cashew Pk Condo
75 75A 184
0.19 km
Bus/MRT
- mins
Drive
- mins
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- mins
Bt Panjang Pr Sch
184 75
0.2 km
Bus/MRT
- mins
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- mins
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- mins
Opp Bt Panjang Pr Sch
75 75A 184
0.23 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Bukit Panjang Primary
0.13 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Zhenghua Primary
0.72 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Chij Our Lady Queen Of Peace
0.74 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Assumption English
0.45 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Assumption Pathway
0.47 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Fajar Secondary
0.58 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Hillion Mall
0.84 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Bukit Panjang Plaza
0.87 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Junction 10
1.23 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Giant(Bangkit Road)
0.84 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
NTUC Fairprice (Bukit Panjang Plaza)
0.87 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Giant(Greenridge Shopping Centre)
1.38 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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