SINGAPORE Property Investment Alert!

The stakes have never been higher. One of the projects we highlighted is now at a critical juncture.

If you've been following my insights, you're likely familiar with my previous article "Race Against Time: Condos Nearing ABSD Deadline in 2023."

Remember when we discussed the race against time for those condos nearing the ABSD deadline in 2023?

Well, what we predicted is now unfolding right before our eyes.

One of the projects we highlighted is now at a critical juncture, and the stakes have never been higher.

As a seasoned realtor deeply immersed in the pulse of the property market, I can't contain my excitement about this development. It's like watching a high-stakes drama unfold, with each move potentially shaping the future of these properties.

The question on everyone's mind now is: Is this project a steal, or has the window of opportunity closed?

Join me as we delve deeper into this gripping narrative. Let's uncover together whether these property is still a shining gem waiting to be seized or if the time to strike has passed.

Imagine stepping into a sanctuary of unparalleled luxury, a stone's throw away from Singapore's vibrant heart. Imagine expansive living spaces adorned with exquisite finishes, and a private balcony boasting breathtaking cityscapes.

This isn't just a dream; this is the reality at Cuscaden Reserve, an address that exudes elegance and unparalleled living.

But what if I told you that this extraordinary residence is now even more attainable?

For a limited time, Cuscaden Reserve is offering an unmissable opportunity.

Prices have been relaunched and adjusted to an attractive $2900psf! This is a significant reduction compared to the last transacted median price of S$3,777 per square foot in December 2023 and about a 20% reduction from the initial $3600psf that 12 units have sold for since it was launched in September 2019.

This price adjustment might leave you wondering - is this too good to be true? Is this a fire sale? Absolutely not.

Think of it as an invitation to an elite club. This price reduction is not just a number; it's a chance to acquire a piece of Singapore's most prestigious real estate at a price significantly more achievable.

So, what's the story behind this price adjustment?

This strategic move stems from the Additional Buyer's Stamp Duty (ABSD) deadline extension allowing developers more time to sell their units.

To incentivize sales and meet the revised deadline, Cuscaden Reserve has adjusted its pricing structure. This translates into a golden opportunity for astute investors and homebuyers like yourself.

But Is S$2900 psf a good entry point? Why This 20% Discount Matters?

Let's delve deeper. Prime Location Speaks Volumes. While the market fluctuates, prime locations like District 10 possess an inherent resilience. So, is $2900 psf a good deal? Absolutely, here's a closer look:

Unmatched Location and Lifestyle Amenities

Cuscaden Reserve is a luxury condominium situated on prestigious Cuscaden Road.

It enjoys a prime location that seamlessly blends tranquility with urban convenience.

Surrounded by five-star hotels, Michelin-starred restaurants, and the world-renowned shopping paradise of Orchard Road, residents are immersed in a lifestyle of luxury and convenience.

The development itself boasts an array of facilities including a clubhouse, gymnasium, yoga garden, swimming pool, and personalized concierge services, ensuring that every aspect of your living experience is nothing short of extraordinary.

Cuscaden Reserve offers a distinctive selection of residences, meticulously crafted to cater to the most discerning individuals. Each unit is meticulously designed to provide grand yet balanced spaces inspired by the Bauhaus aesthetic.

From the fifth floor upwards, residents are treated to privacy and breathtaking views, setting the stage for a truly elevated living experience.

• 1-Bedroom + Study: Perfect for urban professionals or couples, this layout offers a spacious living area, a well-equipped kitchen, a comfortable bedroom, and a dedicated study space for additional functionality.
  
  
• 2-Bedroom: Ideal for young families or those seeking more space, this layout provides two generously sized bedrooms, a living area perfect for entertaining, a modern kitchen, and ample storage solutions.
  
  
• 2-Bedroom + Study with Private Lift Access: Experience the epitome of exclusivity with a private lift leading directly to your unit. This layout boasts two comfortable bedrooms, a study area, a spacious living area, and a modern kitchen, catering to those who appreciate both space and privacy.
  
  
• 3-Bedroom + Study with Private Lift Access: Designed for families or those seeking ultimate comfort, this expansive layout features three bedrooms, a dedicated study space, a large living area ideal for gatherings, a well-equipped kitchen, and ample storage throughout.

Cuscaden Reserve was developed by a joint venture between SC Global Developments Pte Ltd, New World Development Company Limited, and Far East Consortium International Limited.

The development team behind Cuscaden Reserve brings a wealth of experience and expertise in the luxury property sector.

With such a strong development team, investors can trust in the quality and value of Cuscaden Reserve. 

Additionally, investors can now acquire a luxurious unit at a more affordable price due to the ABSD extension 20% discount, making it an attractive investment opportunity.

While the 20% discount at Cuscaden Reserve presents an enticing offer, understanding the broader Singapore property market strengthens the argument for its value. Here's a specific analysis of District 10:

Proven Resilience

District 10 has a well-established track record of stable property value appreciation. While property prices might show fluctuations, long-term data indicates an upward trajectory.

Limited Availability

District 10 is known for its scarcity of land and a mature housing market. This translates to a consistent demand for the limited available properties, influencing price stability. 

• Luxury Market Insulation: Luxury properties in prime locations like District 10 tend to be less susceptible to market fluctuations compared to mass-market segments. This is due to several factors: 
  
  
• High Net Worth Investors: This segment is less affected by interest rate changes or economic downturns, allowing them to maintain steady demand. 
  
  
• Safe-Haven Asset: In times of uncertainty, luxury properties in prime locations are often seen as a secure investment, further bolstering their value.
  
  

Future Projections

A continued stable growth trajectory for District 10 in the coming years is expected, with potential price increases ranging from 2-4% annually.

Current resale prices in the vicinity of Cuscaden Reserve hover around the S$3200 – S$3500 psf range. Condominiums like Park Nova and 3 Orchard By The Park currently boast resale prices exceeding $3,500 psf.

This serves as a strong indicator of the potential capital appreciation you can expect from owning a piece of Cuscaden Reserve.

• Recent Transactions: Below are the several units at Cuscaden Reserve that have been transacted in recent months. The latest was sold at around $3,777psf.

S$2,900 PSF: A Strategic Entry Point

• Discounted Entry Point: Compared to the recent resale transaction range of S$3,300 - S$4,100 psf, the current price of S$2,900 psf represents a potential saving of 10-30%.
   
• Capital Appreciation Potential: Considering the historical price trends and projected future growth in District 10, the potential for capital appreciation on your investment at Cuscaden Reserve remains promising.
  
  

Here's a table summarizing the key points:

This exclusive opportunity that Cuscaden Reserves offers is a rare find in the Singapore real estate market and likely won't last long. 

Whether you're an astute investor aiming for lucrative returns, a family in search of an esteemed address, or an individual craving a lavish retreat, Cuscaden Reserve is tailored to fulfill your desires.

Time is of the essence. Don't miss out on this golden opportunity! 

Let me show you around this amazing property. 

Contact us and schedule a private viewing now!