Irwell Hill Residences is a highly-anticipated launch located right in the heart of Singapore’s bustling town area.
With an unbeatable view overlooking Orchard Road at one end, and Sentosa at the other, this premium development is set to take the property market by storm.
The most appealing factor of Irwell Hill Residences is its strategic location. Whether you’re looking for shopping, food or entertainment, the numerous options in the area will leave you spoilt for choice.
Even though Irwell Hill Residences is in the city area, it’s designed to be a tranquil sanctuary that provides comfort and convenience amidst the hustle and bustle.
Irwell Hill Residences is within walking distance of the upcoming Great World MRT station. Orchard Road and Somerset stations are nearby as well, and reachable via a quick bus ride.
Unlike most other parts of town, the area surrounding Irwell Hill Residences is not usually plagued with traffic congestion. This means that drivers can easily stay connected with the rest of Singapore via expressways CTE, AYE and PIE.
There are plenty of schools of all levels near Irwell Hill Residences. They include River Valley Primary School, Outram Secondary School, Zhangde Primary School, Anglo-Chinese School (Junior), St. Margaret’s Primary School, School Of The Arts Singapore and Nanyang Academy Of Fine Arts.
The iconic Great World City shopping mall is a stone’s throw away from Irwell Hill Residences. Residents can enjoy the many food and retail options available there, plus do their grocery purchases too.
For even more options, hop on one of the numerous buses along the street and zip over to Orchard Road in a jiffy.
If you’re a fan of hawker food, Zion Riverside Food Centre is just a quick stroll away. You’ll get to feast on delicious and affordable local favorites, such as the “legendary” char kuay teow. Be sure to try it if you haven’t already!
There’re also a plethora of different international cuisines around the area for those looking for more variety. Be it high-class restaurants, cafes or chill-out bistros, there’s something to cater for everyone’s unique taste buds.
Both investors and own stayers will be keeping a keen eye on Irwell Hill Residences.
Investors will be looking to snap up this potentially high-gain property, and possibly use it as a vehicle for passive rental income.
Own stayers will see this development as a great place to raise a family, especially given its close proximity to town and family-friendly environment.
Irwell Hill Residences Summary
|Project name||Irwell Hill Residences|
|Developer||City Development Ltd (CDL)|
|Tenure||Leasehold 99 years|
|Number of units||540|
|Address||1 Irwell Bank Road S(239200)|
|TOP date||Estimated 2023 to 2024|
|Facilities||Full Condo Facilities Including Swimming Pool, BBQ Pits, Gym, Function Rooms Etc, Retail Outlets On Lower Floor|
Irwell Hill Residences Condo Location
Irwell Hill Residences is within walking distance to the upcoming Great World MRT station. Other nearby stations include Orchard Road, Somerset and Tiong Bahru.
It is easily connected to the rest of the island through major expressways CTE, AYE and PIE.
Irwell Hill Residences number of units
The new condo at Irwell Bank Road will have a total of 580 units. More details will be revealed when there are further updates.
Irwell Hill Residences Condo Pricing
This government land sales (GLS) site for Irwell Bank Road attracted seven bidders in total. The highest bid of $583.9 million was submitted by City Developments (CDL). The breakeven psf per plot ratio is therefore about $1,515. Hence we predict that CDL may launch this project at S$2,300 – S$2,700psf.
Irwell Hill Residences Floorplan and Site Plan
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Irwell Hill Residences nearby amenities
Parents will have plenty of schools of all levels to choose from. They include River Valley Primary School, Outram Secondary School, Zhangde Primary School, Anglo-Chinese School (Junior), St. Margaret’s Primary School, School Of The Arts Singapore and Nanyang Academy Of Fine Arts.
Residents of Irwell Hill Residences will never be bored, due to the massive quantity of retail, entertainment and dining options around the area.
Great World City, one of Singapore’s most iconic shopping malls, is a short 3 minute walk away. All the glitz and glamor of Orchard Road is easily accessible via a bus ride as well.
As we all know, the town area is full of dining options to suit every palette. From hawker favorites at Zion Riverside Food Centre to the numerous fine dining options in Orchard Road, foodies will be salivating at the prospect of pampering their taste buds with the best cuisines Singapore has to offer.
Irwell Hill Residences Comparative Market Analysis
As seen from the above table, District 9 properties are performing well on the rental market.
Its close distance to the CBD and promise of luxurious living are major draws for tenants willing to fork out higher rental fees for a higher quality lifestyle.
Singapore is one of the hotspots for white collar foreign talents, and they make up the bulk of tenants who are likely to show serious interest in renting a District 9 unit.
Investors can look forward to similar or higher demand, should they choose to rent out their units for passive income.