GEM Residences Condo is the latest new launch
developed by Evia Real Estate.
Tentative Launch Timeline
Please take note the following dates for GEM Residences:
Please note that the launch timeline is tentative and is subject to change without prior notice
Please note that the indicative price given by the developer is $1,480psf.
GEM Residences Condo is located in the mature estate of Toa Payoh between Lor 5. Well situated next to Braddell MRT and Toa Payoh MRT Station, residents will enjoy unparalleled conveniences around Singapore.
GEM Residences Condo is a 99-year leasehold condominium with a total of 578 residential units with a variety of unit sized of 1-5 bedroom units and penthouses across 2 blocks of 38-storey blocks. It is expected to be ready in April 2020.
Reasons to consider purchase:
- There are limited new residential sites in matured Toa Payoh Housing estate and the remaining land are well developed. Thus due to rarity, Gem Residences condo is expected to be well received by both Home-owners and investors. There are dual-keys units available for sale too.
- The last condo launch in Toa Payoh is Trevista which was some 7 years ago. It was sold out! Hence high demand for ownership due to lack of new condo in Toa Payoh estate for all current residents are looking to upgrade their lifestyle.
- Gem Residences location is simply ideal. It is surrounded by amenities such as wet markets/Hawker Centres at Lor 4 Toa Payoh, Lor 2 Toa Payoh and Lor 8 Toa Payoh, as well as dotted with popular eateries in vicinity. One can walk to literally 3 MRT – Bradell, Toa Payoh and Caldecott within 15 mins from Gem residences. Toa Payoh town centre has the full range of amenities that meet everyone needs. Library, stadium, swimming pool, garden, SAFRA etc
- There are fierce land bidding competition which goes to show that even land developers had been eyeing this site for believing its huge potential. The final bid price could see a sale price of around $1400 – $1500 psf, depending on units size.
- Strong rental demand from tenants can be expected from condo projects in matured estate like Toa Payoh. High ROI
CLICK HERE for GEM Residences Factsheet Latest