Worth Buying?

The words culture and heritage come to mind when Joo Chiat is mentioned. Notwithstanding the budget hotels and bars in the area, it is a peaceful and serene place. Foodies will always remember Joo Chiat as a place for good food with many famous eateries round the place. So is it worth buying a property in Joo Chiat, given the accessibility of the area to the city and plenty of good food? Come on in to find out!

Sycamore Tree is located at the junction of Joo Chiat Road and Fowlie Road. It comprises of 96 residential units and 17 shop units. The facilities include an adult pool, a kids pool and BBQ pits. Not too bad for a development seated on a narrow piece of land.

Most of the units here are 1 + 1 bedroom with sizes ranging from 33 Sq meter to 63 Sq meter. Mostly are 'shoebox' designs. The development has brought the meaning of 'shoebox' to the next level. The 2+1 and 3 bedrooms sizes range from 67 Sq meter to 82 Sq meter. 3 rooms in such a small space! I wonder if the occupants' quality of living will be affected by staying in such small and cramped area.

Katong 112 is just 10 minutes walk away while Parkway Parade is about 20 minutes away. The airport and town can be easily access via ECP. Sycamore Tree is also near to famous schools like Tao Nan School and Tanjong Katong Primary and Secondary School.

The prices here are on the high side. The listed price of a 3 bedroom, which is 70 Sq meter, is S$1.03M. This translates to about S$1350 psf. Perhaps the developer is banging on the location of the development and the freehold status to request for the price. The developer is absorbing the stamp duty and giving an additional 1% discount to the first 10 buyers. At the time of writing, all shop units have been taken up. Many residential units are available. Head down to the showroom to take a look yourself.

We will take a look at the floor plans in the next posting. Stay tuned.

Picture taken from brochure