If you are looking for a house, then the best option for you at this moment would be to buy a condominium. This is considered to be a very economical option. The main reason being, you are getting more amenities than a house. The new condominium called Gem Residences has just been established in Toa Payoh. Let’s take a look at its salient features.
Newly established condominium
This condo project is jointly established by Gamuda Berhad and Evia Real Estate. The address of Gem Residences is Toa Payoh Lor 6/4, situated in D12 Balestier or Toa Payoh district. The type of property available is apartment type or condo as mentioned above. The tenure of the residence is 99 years of leasehold which is in effect from 21st September 2015. There is a total of 578 units available here. And the maximum unit available is up to 5 bedrooms and PH.
Why choose this residence?
The first and foremost reason is there are a lot more amenities available here than you can get in a separate house. In Toa Payoh there are only limited housing estates available. Thus, it is estimated that Gem residences are likely to be received well by the investors and residents.
Lot of demand in this region
The last condo that was developed in this place was about seven years ago. Thus, it is quite normal, that there is a lot of pent-up demand from Toa Payoh. However, this has led to many queries about this place from the potential buyers.
Location is astounding
This housing site is a matured estate as there are a number of markets available in its vicinity and numerous eateries surround this place. Other than this, transportation is not going to be a factor because you can just walk to the MRT – Braddell and Toa Payoh. Lor 2 and 8 are also close by.
Thus, what are you waiting for? Hurry up and sign up to get a unit at Gem Residences as soon as possible!