Peak Residence By Tuan Sing and Rich Capital At Thomson Road Near Novena MRT

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Peak Residence Condo By Tuan Sing & Rich Capital. 333 Thomson Road

Peak Residence is an upcoming freehold residential development situated at Thomson Road. It is the former Peak Court, and was sold through collective sale for S$118.88 million to Rich Capital Holdings and Tuan Sing Holdings.

Its central location provides ease of travel along a quiet and exclusive area, making it an attractive purchase for both young families and working professionals.

The Thomson/Novena area is a premium residential district. New launches within the area are highly sought after, and it’s predicted that Peak Residence will enjoy similar (or higher) levels of interest from both home stayers and investors.

Peak Residence is within 1km to 3 very popular primary schools – Anglo Chinese School Primary, CHIJ Primary and St Joseph’s Primary School.

The Lively Thomson Area Area Is Home To Many Popular Bars, Restaurants And Cafes

Located just a few minutes from Novena MRT Station, and also close to th upcoming Mount Pleasant and Toa Payoh MRT Stations, Peak Residence offers the ultimate ease of travel to other parts of Singapore.

Novena MRT Station Is Just A Few Minutes Away

PIE and CTE are the connecting expressways that make travel by car and public transport a breeze.

Many renowned schools near Peak Residence provide quality education across all levels. Some of them include Balestier Hill Secondary School, St Joseph’s Institution International, CHIJ Primary School, Anglo Chinese School, San Yu Adventist School, and St Joseph’s Institution Junior.

CHIJ Is A Popular Option For Parents With Primary School Children

Residents can also take advantage of the excellent interconnected transport system to gain fast and easy access to shopping centres, restaurants, parks, bars and other amenities.

Nearby shopping malls like Zhongshan Mall, United Square, Novena Square and Balestier Hill Shopping Centre provide essentials like food outlets, supermarkets and the occasional retail indulgence.

Starker Bistro – One Of The Many Quality Eateries At Zhongshan Mall

The Orchard Shopping Belt is just a few MRT stops away, providing an unlimited amount of shopping and entertainment options.

Another one of Peak Residence’s significant advantage is the close proximity to world-class health care facilities. A number of health care institutions are situated close by, ensuring that residents can receive top quality treatment should the need arise.

Thomson Medical Centre, Tan Tock Seng Hospital, Novena Medical Centre, Healthway Medical Centre and Mount Alvernia Hospital are the major health care options around Peak Residence.

TTSH Is One Of Singapore’s Leading Hospitals

Investors are closely monitoring developments at Peak Residence too. This is mainly due to its suitability as a rental option, and potential for capital appreciation.

As a centrally-located development, Peak Residence should prove popular among working professional tenants. The Thomson area is also quieter compared to other central regions, making it an even more attractive proposition for those looking for a private and serene lifestyle.

Peak Residence project summary

Developer Tuan Sing Holdings & Rich Capital
District 11
Launch date2nd quarter of 2020
TOP DateTo be announced
Total number of units90
TenureFreehold
Address333 Thomson Road 307675
FacilitiesSwimming Pool, BBQ Pits and Gym

Peak Residence location

Peak Residence Condo By Tuan Sing & Rich Capital. 333 Thomson Road
Novena MRT is a a mere 11 minutes walk by foot

Peak Residence is located just a few minutes away from Novena MRT Station. Mount Pleasant and Toa Payoh stations are nearby as well, allowing residents to connect to other parts of Singapore through the various train lines.

For drivers, PIE and CTE are the expressways that link Peak Residence to key areas like Orchard Road and CBD.

Peak Residence Floorplans and Pricing

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Peak Residence nearby amenities

The nearby Zhongshan Mall

Reputable schools around Peak Residence provide quality education options for parents and students. Some of them include Balestier Hill Secondary School, St Joseph’s Institution International, CHIJ Primary School, Anglo Chinese School, San Yu Adventist School, and St Joseph’s Institution Junior College.

Nearby shopping malls like Zhongshan Mall, United Square, Novena Square and Balestier Hill Shopping Centre provide essentials like food outlets, supermarkets and the occasional retail indulgence.

Residents can also hop on a short train ride to the Orchard area. Definitely plenty of shopping, entertainment and culinary options all around!

With many placing greater emphasis on quality health care, Peak Residence is well-positioned to offer fast and easy access to world-class health facilities.

Thomson Medical Centre, Tan Tock Seng Hospital, Novena Medical Centre, Healthway Medical Centre and Mount Alvernia Hospital are the major health care options around Peak Residence.

Comparative Market Analysis

District 11 is one of the most stable areas in Singapore in terms of capital gain. With a centralized location, plenty of amenities on offer and known as an exclusive premium estate, property prices have steadily increased over the years.

Even though recent years have not seen a sharp spike in capital gain numbers, its stability is highly valued by investors who want safe and secure housing options.

This could change positively in the near future. According to URA’s masterplan, District 11 will soon be the proud home of a sprawling integrated health care facility that covers 600,000 square meters.

Coupled with improvements in transport options and commercial developments, Peak Residence can be one of the properties that see a major boost in capital gain figures a few years down the road.

The truth is that District 11 properties are not cheap. However, they’re worth every penny.

As the saying goes: price is what you pay, value is what you get.

Living in a luxurious central neighborhood has its advantages. Close proximity to town, amenities aplenty, quality lifestyle, just to name a few.

Peak Residence can potentially offer even greater value than other District 11 properties. This is mainly due to timing.

Peak Residence is projected to TOP within the next 3-5 years. This timeline coincides with the estimated conclusion of District 11’s development (as explained in the previous section).

Which means that the price buyers pay today, is very likely to be a drop in the ocean compared to Peak Residence’s future value.

Peak Residence Rental Overview

District 11 properties are a favorite among investors, no matter if they’re looking to profit from capital gain or rental yield.

While capital gain figures have been stable and steady, rental yield has been performing better than most areas of Singapore.

The key to District 11’s attraction as a rental option is due to its central location. More importantly, it offers a more peaceful and quiet environment compared to other central areas.

As we all know, tenants value privacy. That’s why District 11 is such a popular rental option.

Peak Residence is likely to continue District 11’s proud tradition as a rental favorite, making it a very good purchase for investment purposes.

Contact us today for Peak Residence floorplans and pricing!

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