The City Developments are working on a new 99 years leasehold Haus on Handy residential units by the Handy Road – Haus on Handy as they name it. With the plan of developing approximately 200 units, the company has secured an area of 51,604 sq. ft. on District 09 by the Mount Sophia Road. With a gross floor area of over 120,000 sq. ft, it is going to be one of the largest residential projects in the area.
Residential Project Haus on Handy Mount Sophia Road
This residential project is planning to offer various kinds of units that are suitable as per the family requirements of the clients. While securing any unit gives you the view of either of one the facing – the Mount Sophia Road side or the Handy Road side, the units above the 5th floors will provide an unblocked view of the sides they are facing. The floors will generally constitute of units with 1, 2 and 3 bedrooms each. Clients can request for more specific plans from the developers if they are interested to know more about it.
Main Features of the project.
PropertyGuru, however, speculates that housing supply will increase since projects worth 10.5 billion dollars are set to launch in 2019. Constant prices on private condos like Haus on Handy Mount Sophia are likely to be observed due to the existing demand. The prices may be affected by increased ABSD rates which were caused by the introduction of new cooling measures. Increase in vacancy rate will affect private rentals positively since there will be increased demand. More units are set to be completed in 2019 which will give tenants a variety to choose from.
CDL Regulus Developer for Haus on Handy Condo
The most attracting feature of Haus on Handy Mount Sophia is the location in which City Developments Limited is developing it. The Haus on Handy Mount Sophia plot has been secured in the core of Handy Road near Mount Sophia Road. CDL Regulus Pte Ltd secured the winning bid at a rate of $1,722 psf ppr (per sq. foot per plot ratio). That being said, this real estate project has Dhoby Ghaut MRT Station as its nearest MRT and Bus Interchange. Apart from that,he site is centrally located among several shopping malls, schools and other points of interest.
Shopping Centres near to Haus on Handy
If you are planning to secure a unit in Haus on Handy CDL, then the unit will be very near to the following shopping malls:
• Concorde Shopping Mall
• Plaza Singapura, and
• The Atrium @ Orchid
Apart from shopping malls, the site is very near to several schools, such as:
• LASALLE College of the Arts
• ISS International School
• SOTA (School of the Arts)
Other points of interest near the plot include:
• Fort Canning Park
• Lot of retail shops and F&Bs available in the vicinity
• The Istana
The developing team for Haus on Handy Condo is offering schemes of VVIP preview to the clients who want are interested to book their units. This requires potential customers to register on their website and the CDL team will provide you detailed explanation about the project. You need to submit a cheque and NRIC to get registered. This brings you an extra facility – availing heavy rates of discount for those already registered. They can even choose the best units before the price starts increasing. After the public launch, only limited units will be left available for selection.