A luxurious four-bedroom duplex apartment at the prestigious freehold 3 Orchard By-The-Park condominium is now available for sale through an expression of interest exercise, with a guide price of $15.8 million.
The 3,800 sq ft unit translates to roughly $4,158 per square foot, according to marketing agent Huttons Asia. It boasts a ceiling height of 4m and a private lift, with three of the four bedrooms featuring ensuite bathrooms. The unit underwent a major renovation three years ago, with a whopping $700,000 spent on the revamp, as per Huttons.
Designed by renowned Italian architect Antonia Citterio, 3 Orchard By-The-Park comprises three 25-storey towers, offering a total of 77 exclusive units. These include two- to four-bedroom apartments ranging from 1,066 sq ft to 3,800 sq ft, as well as luxurious penthouses spanning from 6,555 sq ft to 6,900 sq ft.
Strategically located on Orchard Boulevard, the development is within close proximity to the famous Orchard Road shopping belt, and is surrounded by esteemed educational institutions such as Anglo-Chinese School (Junior), Anglo-Chinese School (Primary), ISS International School (Elementary & Middle School Campus), and Singapore Chinese Girls’ School (Primary). The Orchard Boulevard MRT Station (Thomson-East Coast Line) is also conveniently nearby.
According to recent transactions, the EOI for this unit at 3 Orchard By-The-Park will close on March 5 at 4pm. To explore more listings for this prestigious condominium, check out the latest properties at EdgeProp Buddy. For further insights, you can also compare the price trend of new sale condos versus resale condos, and find out the rental yield for 3 Orchard By-The-Park. You can also discover other condominium projects with the most expensive average price per square foot in District 10.
Investing in a condo in Singapore offers numerous advantages, one of which is the potential for capital appreciation. Due to its strategic position as a global business hub and robust economic fundamentals, Singapore consistently experiences high demand for real estate. As a result, property prices in the country have continuously increased over time, particularly for condos in prime locations. Savvy investors who enter the market at the opportune moment and hold onto their properties for a considerable period can reap significant profits in terms of capital gains. By exploring the various Singapore Projects, investors can identify the most promising options for long-term financial growth.
In other related news, an accused money launderer is facing seven new charges, having reportedly spent large sums on luxurious goods and the rental of a bungalow and luxury condos. Additionally, ticket sizes for Core Central Region (CCR) condos have dropped by 20% over a span of just five months, while the last tower of 3 Orchard By-The-Park has recently been launched, with four units already sold at prices ranging from $3,850 per square foot to $4,100 per square foot.