Type

Units

Min Area

Price Range

3 BR

947 sqft

From S$1.9XM

Property Highlights

3-bedroom, 2-bathroom unit at 947 sqft offering efficient modern living in a well-established residential pocket
Positioned just 12 minutes' walk from Hillview MRT Station, providing excellent connectivity to the city and business districts
Priced at S$1,950,000, representing accessible entry into the north-central condominium market for upgraders and investors
Located on Jalan Remaja in a mature neighbourhood with established amenities and strong community infrastructure
Suitable for owner-occupiers seeking balance between space, location, and investment potential in a growth corridor

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Ref: 60186165

Mont Botanik Residence: Contemporary 3-Bedroom Living Near Hillview MRT

Mont Botanik Residence stands as a compelling residential offering on Jalan Remaja, a established tree-lined address in Singapore's north-central zone. This 3-bedroom, 2-bathroom condominium unit spans 947 square feet of thoughtfully designed living space, priced at S$1,950,000. The property appeals to a broad spectrum of buyers—from upgraders seeking additional space to investors capitalising on the district's steady capital appreciation trajectory.

Location and Connectivity

The property's proximity to Hillview MRT Station represents one of its strongest strategic advantages. Situated approximately 990 metres away—a comfortable 12-minute walk—the unit benefits from direct access to the Downtown Line (DT3). This connectivity proves particularly valuable for professionals commuting to the business districts of Raffles Place, Marina Bay, or Orchard, where journey times typically range between 20 and 30 minutes depending on final destination. The established nature of the surrounding neighbourhood means residents enjoy mature commercial strips, established F&B outlets, and neighbourhood retail without the intensity of newer development zones.

Layout and Spatial Efficiency

At 947 square feet, the unit demonstrates effective spatial planning typical of well-executed three-bedroom designs in the Singapore condominium market. The configuration accommodates modern family living whilst maintaining efficient flow between zones. Two full bathrooms support concurrent usage patterns, reducing morning congestion in households with multiple working professionals or school-age children. The layout balances social and private spaces, allowing both entertaining capability and residential comfort.

Market Position and Valuation

Priced at S$1,950,000, the unit commands approximately S$2,058 per square foot—a competitive position within the north-central residential corridor. Recent comparable transactions in adjacent pockets suggest this pricing aligns with market expectations for well-located condominiums of comparable age and specification. The value proposition strengthens when evaluated against newer launch developments in the same precinct, where per-square-foot pricing often climbs to S$2,200 and beyond, particularly for units marketed with premium finishing or signature amenities packages.

Investment and Rental Yield Potential

For investor-owner consideration, the property sits within a district demonstrating consistent tenant demand. The proximity to Hillview MRT, combined with the established nature of the neighbourhood, creates natural appeal for expatriate families, young professionals, and upgraders seeking convenient suburban living with urban connectivity. Conservative yield estimates for comparable units in the zone range between 3.0 and 3.5 per cent gross rental yield, depending on unit specifics and tenant profile. Market rental data suggests achievable monthly rental of S$5,500 to S$6,200 for a unit of this specification, translating to annual gross rental of approximately S$66,000 to S$74,400.

Financing and Buyer Eligibility

Owner-occupiers purchasing as their first property encounter no additional buyer's stamp duty, streamlining acquisition costs to standard conveyancing and legal charges. Second-property purchasers, however, face additional buyer's stamp duty (ABSD) at progressive rates ranging from 15 per cent to 20 per cent on the purchase price, materially affecting total acquisition costs. At the S$1,950,000 price point, ABSD implications require careful financial planning; stamp duty on this transaction would reach approximately S$292,500 for a second-property buyer, a significant consideration in overall purchase economics. Most institutional lenders will approve financing up to 80 per cent of valuation for primary residence purposes, enabling mortgage drawdowns of approximately S$1,560,000. At current prevailing rates, this translates to monthly servicing costs of approximately S$7,200 to S$7,800 depending on tenure length, demanding household incomes of at least S$21,600 to S$23,400 monthly to comfortably service debt ratios within regulatory TDSR thresholds of 60 per cent.

Lease Tenure and Long-Term Viability

Leasehold properties in Singapore's condominium market demonstrate predictable value dynamics across their lifecycle. A condominium with a healthy remaining lease term (typically 80 years or more at purchase) experiences minimal capital erosion during the first 40 to 50 years of tenure, with observable price softening typically beginning when lease terms fall below 60 years. For Mont Botanik Residence, verification of current lease tenure remains essential; properties with 85+ years remaining present negligible lease decay risk for owner-occupiers planning to hold for 10 to 15 years. Refinancing capacity and future resale liquidity remain robust for units maintaining lease terms above 70 years, though purchasers should factor in gradual premium compression as leasehold terms compress across the decades. This consideration primarily affects long-term investment value rather than near-term ownership comfort.

Neighbourhood Character and Amenities

Jalan Remaja sits within a mature residential cluster offering established community character. The area benefits from proximity to established primary and secondary schools, including several well-regarded institutions attracting family-oriented purchasers. Neighbourhood amenities encompass local hawker centres serving diverse culinary traditions, established supermarkets and provision shops, medical clinics, and fitness facilities. This maturity attracts a stable resident demographic less subject to the frequent transitions common in newer launch developments, fostering community cohesion and neighbourhood stability.

Market Positioning: Buyer Profiles

The property appeals distinctly to different buyer categories. Young upgraders stepping up from their first 2-bedroom resale purchase find the additional bedroom attractive for guest accommodation or flexible home-office arrangements, with the Hillview MRT connectivity proving compelling for city-bound professionals. High-net-worth individuals might consider the unit as a portfolio addition or legacy asset for adult children entering the property market. First-time buyers at the upper end of the HDB-to-private transition typically view S$1,950,000 condominiums as ambitious targets requiring careful mortgage planning but achievable through dual-income households with accumulated capital buffers. Investors seeking stable rental returns without exposure to newer launch concentration risk identify well-located resale units as attractive alternatives to speculative new-project positioning.

Competitive District Supply

The north-central zone surrounding Hillview continues to evolve with selective new launch activity whilst maintaining a robust resale condominium market. Competing developments in the immediate vicinity offer both pricing advantages and disadvantages relative to Mont Botanik Residence; newer launches frequently command premium pricing despite comparable or smaller unit sizes, yet older established developments occasionally demonstrate pricing discipline reflecting their proven stability. The supply pipeline for the Hillview/Bukit Timah corridor remains relatively controlled, with most new launches concentrated in adjacent higher-altitude precincts, suggesting sustainable demand for well-positioned resale units at accessible price points.

Capital Appreciation Outlook

The Hillview MRT location historically supports steady, unspectacular capital appreciation—typically tracking inflation and construction cost indices rather than outpacing them dramatically. Districts with established MRT access tend to experience value stabilisation rather than explosive growth, a characteristic that benefits risk-conscious purchasers whilst tempering speculative investor expectations. Over a typical 15-year holding period, prudent assumptions centre on real price growth of 2 to 3 per cent annually above inflation, with cyclical market fluctuations creating periodic volatility. This modest-but-reliable appreciation profile suits purchasers prioritising lifestyle stability and rental yield over capital gain amplification.

Frequently Asked Questions

What rental yield should I expect if I purchase Mont Botanik Residence as an investment property?

Mont Botanik Residence can be expected to generate gross rental yields between 3.0 and 3.5 per cent annually, based on established rental demand in the Hillview precinct and comparable unit performance across the north-central zone. At the S$1,950,000 purchase price, this translates to annual gross rental income of approximately S$66,000 to S$74,400. Achieving the higher end of this yield range requires attracting professional tenants or expat families willing to pay premium rates for units in superior condition; conservative investors should budget closer to 3.0 per cent to accommodate for vacancy periods and rental softness during market downturns. The Hillview MRT connectivity ensures consistent tenant demand, though rental growth has historically trailed capital appreciation in this established district.

How does the S$1,950,000 price compare to recent per-square-foot transactions in this area?

The property's asking price of approximately S$2,058 per square foot positions it competitively within the north-central condominium market. Recent comparable transactions for 3-bedroom units in established developments near Hillview MRT have transacted at S$1,900 to S$2,150 per square foot, placing Mont Botanik Residence at the lower-middle range of this spectrum. Newer launch developments in adjacent precincts typically command S$2,200 to S$2,400 per square foot for comparable specifications, suggesting Mont Botanik Residence offers meaningful value relative to contemporary newbuild pricing. This pricing advantage reflects the established nature of the property and its mature neighbourhood setting rather than inferior condition or specification; purchasers gain immediate possession and proven rental demand profiles unavailable in pre-launch or newly-completed projects.

What Additional Buyer's Stamp Duty implications apply if I purchase this as a second property?

Second-property purchasers face progressive Additional Buyer's Stamp Duty (ABSD) at rates ranging from 15 to 20 per cent of the property purchase price, depending on citizenship status and residential classification. For Mont Botanik Residence at S$1,950,000, ABSD liability reaches approximately S$292,500 for second-property buyers (15 per cent of purchase price), substantially increasing total acquisition costs beyond the property price itself. This ABSD obligation applies on top of standard conveyancing stamp duties and legal fees, creating effective acquisition costs of approximately 18 to 19 per cent of the purchase price once all taxes and professional fees are included. Purchasers should engage their legal advisors early to confirm exact ABSD liability based on specific citizenship and property ownership history, as this represents the single largest acquisition cost component after the property price itself.

What lease decay risks should I be aware of, and how does this affect future resale value?

Leasehold properties in Singapore's residential market experience predictable value compression once remaining lease terms fall below 60 years, with the pace of depreciation accelerating further as lease duration drops below 40 years. If Mont Botanik Residence currently carries 85+ years remaining on the lease, an owner-occupier planning to hold the property for 10 to 15 years will experience negligible lease decay impact on value, as the unit will retain 70+ years of lease tenure upon potential future resale. However, verification of current lease tenure remains essential; older condominiums from the 1980s and early 1990s may have compressed lease periods that create meaningful depreciation vectors, particularly if your investment horizon extends beyond 20 years. Refinancing capacity and future buyer eligibility remain robust for properties with 70+ year remaining terms, but institutional lenders become increasingly conservative for leasehold units approaching 60-year thresholds, potentially constraining your pool of future purchasers and affecting exit strategies.

How does proximity to Hillview MRT Station affect property demand and capital appreciation prospects?

Properties within 800 metres of MRT stations demonstrate materially stronger tenant demand, faster resale velocity, and more stable pricing compared to units further afield, with Hillview Station proximity representing a significant competitive advantage for Mont Botanik Residence. The Downtown Line connectivity to Raffles Place, Marina Bay, and other business districts creates consistent demand from professionals requiring convenient commuting access, supporting stable rental returns and relatively defensive capital values during market downturns. Historically, properties at Hillview MRT have experienced steady appreciation tracking construction cost inflation plus modest real growth, typically 2 to 3 per cent annually, rather than the explosive capital gains observed in newly-launched precincts or emerging transit hubs. The established nature of Hillview MRT (operational since 2015) means this is a proven, mature demand driver rather than a speculative upside catalyst; purchasers should expect reliable but unspectacular appreciation rather than significant outperformance against broader property indices.

Is Mont Botanik Residence suitable for different buyer profiles—upgraders, investors, first-timers, HNW individuals?

The property accommodates diverse buyer motivations effectively. Upgraders stepping from their first 2-bedroom HDB or condominium purchase find the additional bedroom and established neighbourhood particularly appealing, with Hillview MRT connectivity suiting professionals relocating into the private sector; this segment typically represents the largest buyer cohort for properties at this price point. First-time private property buyers with substantial capital and dual professional incomes can achieve S$1,950,000 purchases through careful debt structuring, though they should expect to deploy at least S$400,000 to S$500,000 in cash equity to maintain comfortable debt-servicing ratios. Investors seeking stable rental yields without launch-phase concentration risk identify established resale condominiums as lower-risk alternatives to speculative new projects, particularly when macro sentiment tilts toward defensive positioning. High-net-worth individuals and family offices occasionally acquire such properties as legacy assets for adult children entering the residential market, valuing the proven location credentials and MRT connectivity over capital appreciation potential.

What TDSR and financing capacity should I expect for a S$1,950,000 purchase?

Most institutional lenders will approve financing up to 80 per cent of valuation for primary residential purchases, enabling mortgage drawdowns of approximately S$1,560,000 at current loan-to-value ratios. At prevailing interest rates of 4.0 to 4.5 per cent, monthly debt servicing for a 25-year tenure will range from approximately S$7,200 to S$7,800, requiring household incomes of at least S$21,600 to S$23,400 monthly to satisfy the regulatory TDSR ceiling of 60 per cent. First-time owner-occupiers benefit from exemption from ABSD but must still account for conveyancing stamp duties and legal costs of approximately 3 to 4 per cent of purchase price; effective total acquisition costs reach S$2,010,000 to S$2,028,000 once all professional fees are incorporated. Second-property purchasers face substantially elevated acquisition costs due to ABSD liability (S$292,500), requiring total outlay of approximately S$2,302,500 when combined with all taxes and fees, fundamentally altering financing mathematics and debt capacity assessment.

How does Mont Botanik Residence compare to competing developments in this price range?

Mont Botanik Residence positions itself as an established resale offering in a district where newer launch developments typically command S$2,200 to S$2,400 per square foot, offering meaningful per-square-foot value advantage for purchasers willing to accept post-completion portfolio rather than pre-launch advantages. Competing newer launches in adjacent Bukit Timah and Newton precincts often deliver smaller unit sizes (750 to 850 sqft) for comparable pricing, making Mont Botanik's 947 sqft configuration particularly attractive for families requiring functional living arrangements. Older resale developments immediately adjacent to Hillview Station have transacted at S$1,850 to S$1,950 per square foot recently, suggesting Mont Botanik pricing offers modest premium relative to immediate competitors; this premium reflects superior location positioning or condition differentials that warrant careful site inspection and comparison analysis. The competitive advantage lies not in cutting-edge amenities or architectural statement but rather in proven rental demand, established community character, and stable value retention across market cycles.

What unit stack or floor level offers the best value within Mont Botanik Residence?

Whilst specific unit analysis requires detailed floor plans and amenity layouts, mid-to-upper floor units (levels 8 to 15 in typical Singapore condominiums) typically offer superior value propositions than ground-adjacent or penthouse tiers. Lower floors (levels 1 to 4) attract price discounts of 3 to 5 per cent reflecting perceived noise and visual obstruction concerns, despite identical construction quality; conversely, penthouse units command premiums of 5 to 8 per cent reflecting scarcity and presumed prestige. Mid-stack positioning offers optimal balance: sufficient elevation to escape ground-level noise and visual interference, whilst maintaining reasonable utility costs and accessibility compared to upper floors. Specific stack analysis should account for open-space orientation (north-facing units typically command 3 to 4 per cent premiums versus south-facing equivalents in Singapore's tropical context), proximity to lift lobbies (corner units away from lifts command 2 to 3 per cent premiums for peace and quiet), and distance from common service corridors. Purchasers should request detailed floor plans and comparative unit pricing data to identify specific stacks offering market-relative discounts for conditions not materially affecting actual use.

What future supply pipeline exists in the Hillview-Bukit Timah district that could impact value?

The Hillview-Bukit Timah corridor has experienced relatively controlled new development activity over the past 5 years, with most large-scale new launches positioned in adjacent higher-altitude precincts rather than immediate Hillview vicinity. Upcoming supply in the broader north-central zone centres on projects in Novena, Newton, and upper Bukit Timah, zones that generally attract younger, more mobility-focused demographics rather than cannibalising Hillview's established family-oriented purchaser base. Government land sales and public tenders in the district continue, though developable land availability remains constrained by topography, conservation requirements, and existing built density; this supply constraint historically supports steady pricing discipline across resale portfolios. The supply-demand equilibrium for Hillview MRT properties favours sellers modestly, with new launch activity insufficient to create excess inventory; purchasers acquiring Mont Botanik Residence can reasonably expect stable liquidity and minimal distressed-vendor pricing pressure across typical medium-term holding periods of 10 to 15 years.

What are the key considerations regarding property condition, age, and maintenance reserve requirements?

Established condominiums require diligent due diligence regarding building age, remaining structural certification validity, and reserve fund adequacy to support ongoing maintenance and future enhancement works. Older properties (15+ years) may face escalating maintenance costs for upgrading mechanical systems, waterproofing, and common area renovations; review the latest building inspection reports and maintenance reserve fund statements to verify adequacy. Management fees for established developments typically range from S$0.35 to S$0.50 per square foot monthly, varying based on amenity quality and building age; at this rate, Mont Botanik Residence will incur approximately S$3,300 to S$4,700 monthly in maintenance costs. Enquire specifically regarding any upcoming major works (roof replacement, façade repair, mechanical system overhaul), as special levies can reach S$5,000 to S$15,000 per unit depending on project scope; these represent material considerations affecting total cost-of-ownership economics. Professional building inspections recommended for all resale purchases provide objective assessment of structural condition, identify emerging defects, and inform negotiating position on pricing and repair responsibility allocation.

Mont Botanik Residence 3BR S$1.95M | Hillview MRT