Suites at Orchard gain from its distance to the Orchard Road buying belt and the arts and also heritage district at Bras Basah as well as Bencoolen Street.

There are 16 penthouse systems at Suites at Orchard that range from 840 sq ft one-bedders to 1,485 sq ft, two-bedroom devices. Far, the most costly penthouse marketed was a 1,485 sq feet, two-bedroom system that altered hands for $2.7 million ($1,818 psf) in April 2016.

Suites at Orchard is a 99-year leasehold advancement along Handy Road in prime District 9. Found in the Dhoby Ghaut area, the condo is also close to the arts and also heritage areas along Bras Basah, Bencoolen Street as well as Middle Road.

Based upon URA cautions, transactions entailing penthouse systems at Suites at Orchard are unusual. No units of any type of size were sold between October 2018 and December 2020 as well as only four systems have been offered in the past 18 months. The most current transaction was for a 732 sq ft device that was cost $1.4 million ($1,913 psf) on May 27.

A two-bedroom penthouse system at Suites at Orchard is on the market for $2.27 million. The overview rate for the 1,367 sq feet unit equates to about $1,660 psf based on the flooring location. Based on URA cautions, deals involving penthouse units at Suites at Orchard are uncommon. No systems of any kind of dimension were sold in between October 2018 as well as December 2020 as well as just four devices have been sold in the past 18 months. Far this year, at least 36 devices have actually been rented out, compared to at least 60 units that were leased in 2021.

A two-bedroom penthouse device at Suites at Orchard gets on the market for $2.27 million. The overview price for the 1,367 sq ft unit equates to around $1,660 psf based upon the floor area. A proprietor’s sale, the system will be set up for public auction by ERA Realty on July 26.

Cairnhill Nine Project Details

The system includes a routine layout with an en suite master bedroom, an usual washroom and also a second room. According to the property listing, the unit is tenanted until December 2023 and will be offered with the existing tenancy.

Far this year, at least 36 systems have been rented out, compared to at the very least 60 units that were rented in 2021. EdgeProp Singapore also estimates that proprietors who rent out their systems enjoy an approximate rental yield of 3.5%.

The Dhoby Ghaut area is served by Dhoby Ghaut MRT Station, which is an interchange offering the North-South, North-East and Circle Lines. Bencoolen MRT Bukit Batok EC Station on the Downtown Line and also Bras Basah MRT Station on the Circle Line are additionally close by.

There are 5 shop residential developments that line Handy Road, a brief roadway on the edge of Mount Sophia. Suites at Orchard is the house closest to the Plaza Singapura mall, as well as situated next to it is the Haus on Handy, which is expected to be completed next year. In the location is The Luxe, a boutique advancement with just 20 homes for lease that was completed in 2007. There is likewise Nomu, which includes simply 50 homes and also was introduced for sale in 2006 as well as completed in 2009. Ultimately, there is The Cathay Residences, which becomes part of the mixed-use advancement The Cathay, a landmark located at the end of Orchard Road.