Type

Units

Min Area

Price Range

3 BR

958 sqft

From S$2.5XM

Property Highlights

Premium 3-bedroom, 2-bathroom unit at The Gazania priced at S$2,498,888 with 958 sqft of living space
Just 5 minutes' walk (390 metres) from Bartley MRT Station on the Circle Line, ensuring excellent connectivity
Well-positioned in a mature residential neighbourhood with strong capital appreciation fundamentals
Ideal for upgraders and high-net-worth individuals seeking a balance of space, convenience, and lifestyle
Strategic location near amenities, schools, and commercial hubs with solid long-term investment potential

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Ref: 500150279

The Gazania: Premium 3-Bedroom Condominium Living Near Bartley MRT

The Gazania stands as a distinguished residential address on How Sun Drive, offering discerning buyers a thoughtfully designed 3-bedroom, 2-bathroom condominium unit spanning 958 square feet. Marketed at S$2,498,888, this property represents a compelling opportunity within Singapore's competitive residential market, particularly for those seeking a harmonious blend of contemporary comfort and strategic location advantages.

Location and Transport Connectivity

Positioning itself as a neighbourhood gem, The Gazania benefits from its proximity to Bartley MRT Station on the Circle Line, situated merely 5 minutes' walk away at 390 metres distance. This exceptional accessibility transforms daily commuting into a seamless experience, connecting residents directly to the broader Singapore transport network. The Circle Line's extensive reach ensures that commuters can access major employment hubs, shopping districts, and entertainment precincts with remarkable ease. For property investors and owner-occupiers alike, this proximity to rapid transit infrastructure typically translates into sustained demand and appreciation potential.

Property Specifications and Layout

The three-bedroom configuration provides flexibility for family living, home office arrangements, or guest accommodation needs. The inclusion of two full bathrooms ensures functional comfort and reduced morning bottlenecks in busy households. At 958 square feet, the unit strikes an efficient balance between generous living areas and practical maintenance, avoiding the sprawling dimensions that can feel inefficient in smaller properties yet remaining within the practical scope of condominium living. This floor plate size appeals particularly to upgraders transitioning from smaller units whilst remaining attractive to investors mindful of operating costs and rental yield optimisation.

Market Positioning and Investment Appeal

Priced at S$2,498,888, The Gazania positions itself within the upper-mid-range segment of Singapore's condominium market. This price point reflects the property's location advantage, modern specifications, and alignment with contemporary buyer preferences. The unit's positioning near established retail, dining, and service facilities enhances its appeal to owner-occupiers seeking lifestyle convenience without requiring deep penetration into prime retail locations. For investors, the combination of accessible purchase price, strong transport connectivity, and residential neighbourhood stability creates a compelling proposition for portfolio diversification.

Neighbourhood Character and Amenities

The How Sun Drive address places residents within a mature, well-established residential precinct characterised by a harmonious mix of private residences, quality condominium developments, and essential services. The neighbourhood has evolved substantially over recent years, attracting affluent families and professionals who value accessibility combined with a quieter living environment compared to central business districts. Proximity to educational institutions, medical facilities, and recreational spaces reinforces the area's appeal as a comprehensive living destination rather than a purely transactional residential location.

Capital Appreciation Fundamentals

Properties near MRT stations historically demonstrate resilience in market cycles and consistently command stronger capital appreciation compared to non-MRT-proximate alternatives. The Bartley MRT connection positions The Gazania within this favourable category, potentially supporting long-term value growth. Singapore's evolving transport infrastructure, combined with constrained land supply and consistent demand for convenient residential options, typically strengthens the investment case for well-located condominium properties. The property's specifications and location suggest sustained appeal across multiple buyer demographics, enhancing its liquidity profile during potential exit scenarios.

Suitability Across Buyer Profiles

Owner-occupiers upgrading from smaller units will appreciate the additional bedroom space and dual bathroom arrangement, particularly families with children requiring dedicated home study or work-from-home facilities. High-net-worth individuals may view the property as a strategic acquisition within a diversified property portfolio or as an owner-occupied residence prioritising accessibility and modern convenience. First-time upgraders transitioning from Housing Development Board properties will find the unit size and accompanying condominium facilities represent a meaningful quality-of-life enhancement without requiring entry into ultra-premium market segments.

Investment Yield Considerations

The property's specifications and location position it within the rental market's active segment, with 3-bedroom units in serviced condominium settings commanding consistent tenant demand. The proximity to transport, combined with the neighbourhood's established character, suggests reliable rental income potential. Investors must evaluate prevailing market rental rates for comparable units whilst considering property management costs, maintenance contributions, and expected vacancy periods. The unit's functional size and convenient location typically support premium rental positioning compared to similarly-priced properties in less accessible locations.

Financing and Market Entry

At the S$2,498,888 price point, prospective buyers should evaluate their financing capacity within Singapore's Total Debt Servicing Ratio constraints and current mortgage rates. The property's valuation enables buyers to structure financing with conventional banking institutions, typically providing favorable loan-to-value ratios for condominium properties of this specification. First-time buyers, upgraders, and investors should each conduct individual assessments of their debt servicing capacity and remaining financing headroom relative to their broader financial circumstances.

Why The Gazania Merits Consideration

The Gazania represents a thoughtfully positioned residential offering that acknowledges Singapore's evolving lifestyle preferences. The combination of generous internal space, proximity to essential transport infrastructure, and strategic neighbourhood location creates a compelling proposition for multiple buyer categories. Whether seeking a primary residence providing excellent connectivity and modern convenience, or evaluating residential property as an investment vehicle, The Gazania warrants detailed consideration within your property search parameters.

Frequently Asked Questions

What is the estimated rental yield for The Gazania at S$2.5 million?

Based on current market analysis, 3-bedroom units in comparable condominium developments near Bartley MRT typically achieve monthly rentals ranging from S$4,500 to S$5,500, translating to gross rental yields between 2.2 and 2.6 percent annually. However, investors must account for service and maintenance charges (typically S$300–450 monthly), property management fees, potential vacancy periods, and annual property tax obligations. After deducting these operational costs, net rental yields generally fall within the 1.8 to 2.2 percent range, though this can vary depending on the specific tenant profile, lease terms, and market conditions at the time of rental. The proximity to Bartley MRT Station strengthens rental appeal, particularly for expatriate tenants and professionals requiring reliable transport connectivity, potentially supporting premium rental positioning within this market segment.

How does the S$2.5M price compare to recent per-square-foot transactions near Bartley?

The Gazania's price of S$2,498,888 for 958 square feet translates to approximately S$2,608 per square foot, positioning it within the competitive mid-range for condominium transactions in the Serangoon and Bartley corridor. Recent comparable transactions for 3-bedroom units in established condominium developments within 800 metres of Bartley MRT have traded between S$2,400 and S$2,750 per square foot, depending on unit condition, floor level, and specific building amenities. Properties commanding prices at the higher end of this range typically feature superior unit layouts, higher floor positions, or recently completed renovations, whilst units at the lower end may present older buildings or require cosmetic upgrading. The Gazania's per-square-foot valuation appears competitive relative to its location advantage and specification, though individual unit condition and floor level should always be evaluated within detailed comparable analysis.

What are the Additional Buyer's Stamp Duty (ABSD) implications for second-property purchasers at this price?

For second-property buyers, ABSD rates are currently charged at 15 percent on the first S$180,000 of purchase price, escalating to 20 percent on amounts between S$180,001 and S$360,000, and 25 percent on amounts exceeding S$360,000. For The Gazania priced at S$2,498,888, a second-property buyer would face total ABSD liability of approximately S$499,776 (comprising S$27,000 on the first tranche, plus S$36,000 on the second tranche, plus S$499,776 on the remainder), representing a significant acquisition cost alongside the base purchase price. This brings the true total cost of acquisition to approximately S$2,998,664 including the property price itself, making ABSD a critical factor in investment appraisal. Buyers should consult qualified tax advisors to understand their individual ABSD exposure and structure acquisition strategies accordingly, particularly given the substantial impact on property investment returns.

Is there lease decay risk, and how might it affect resale value if applicable?

The leasehold tenure structure and remaining lease length are critical factors determining long-term capital appreciation and future marketability. If The Gazania operates under a 99-year leasehold commencing from an earlier date, the remaining lease duration materially influences present and future property values, with lease periods below 70 years typically experiencing accelerated value depreciation and increased financing difficulty. Standard condominium practice in Singapore's newer developments typically involves 99-year leases from construction commencement, though older developments may present shorter remaining tenure. Prospective buyers must obtain formal lease documentation and verify the exact commencement date to assess potential lease decay impact over their ownership period. Professional valuation services can model lease depreciation trajectories to inform informed decision-making, particularly for investors with extended holding horizons or those prioritising capital preservation.

How does proximity to Bartley MRT influence property demand and capital appreciation?

Properties within 5 minutes' walk of MRT stations consistently demonstrate superior capital appreciation compared to non-MRT-proximate alternatives, with historical data indicating 15–25 percent greater value growth over 10-year periods. The Bartley Station location on the Circle Line provides direct access to Central Business District employment hubs, secondary retail precincts, and transport interchanges, creating sustained tenant demand across residential, expatriate, and owner-occupier markets. MRT-proximate properties typically maintain tighter rental yield compression due to competitive bidding from multiple buyer segments, suggesting strong fundamental demand that typically stabilises values during broader market corrections. The transport advantage also creates positive externalities including enhanced neighbourhood commercial development, improved pedestrian infrastructure, and generally elevated amenity standards, all factors supporting long-term appreciation potential beyond pure transport convenience.

Is The Gazania suitable for first-time upgraders from Housing Development Board properties?

The Gazania represents an excellent upgrade pathway for Housing Development Board buyers transitioning to private residential ownership, offering substantially enhanced space compared to typical Housing Development Board unit sizes whilst remaining below ultra-premium market segments. First-time upgraders benefit from the condominium's established facilities, professional building management, and mature neighbourhood character, creating a managed transition from public to private residential environments. The S$2.5 million price point is accessible via conventional mortgaging for buyers with established employment income and accumulated down-payment savings, with lending institutions generally offering competitive loan-to-value ratios for condominium properties at this valuation level. The transport proximity and established neighbourhood amenities provide practical convenience that Housing Development Board residents typically prioritise, suggesting strong satisfaction potential for this buyer demographic.

What are the TDSR implications and available financing headroom at S$2.5 million?

Singapore's current Total Debt Servicing Ratio framework limits residential property financing to 60 percent of gross monthly income, meaning purchasers require minimum gross monthly income of approximately S$20,825 to service a S$2.5 million purchase with standard financing parameters. Assuming 80 percent loan-to-value financing (a common benchmark for established condominium properties), buyers would secure approximately S$1,999,110 in mortgage funding, requiring personal capital of S$499,778 for down payment plus transaction costs. Monthly housing debt obligations typically amount to S$8,500–S$9,200 depending on prevailing mortgage rates and loan tenure, requiring verification of sufficient remaining TDSR capacity for other personal liabilities. Buyers should obtain formal mortgage pre-approval from financial institutions and conduct detailed debt servicing calculations before proceeding, particularly if existing mortgages or other loan obligations consume portions of available servicing capacity.

How does The Gazania compare to nearby competing developments in this price segment?

The Serangoon and Bartley corridor includes several competing condominium developments offering 3-bedroom units within similar price ranges, including both established properties and newer completions with varying specification standards. Newer developments may offer contemporary amenities and modern building systems, whilst established properties like The Gazania typically feature mature neighbourhood integration, verified tenant demand patterns, and established building track records. The Gazania's specific advantages depend on detailed comparison of floor plate efficiency, amenity provision, building age and maintenance records, and resident community characteristics versus alternative options. Prospective buyers should conduct site visits across multiple competing properties, evaluate maintenance charge trends, and assess future development pipelines in surrounding areas to contextualise The Gazania's positioning within available market alternatives.

Which unit stack or floor level offers optimal value at The Gazania?

Mid-range floor levels (typically floors 8–15) within condominium developments generally offer superior value propositions compared to lower or premium high-floor positions, balancing privacy and views against acquisition pricing. Lower floors (2–5) typically experience minimal light and noise pollution premiums, particularly for units facing established major thoroughfares, whilst commanding 15–20 percent price discounts compared to mid-level counterparts. Premium high-floor units (16 and above) typically command 20–35 percent price premiums attributed to enhanced views, perceived prestige, and reduced neighbouring properties across some sight lines. The Gazania's specific layout characteristics, including unit orientation, facing directions, and internal configuration, should be individually assessed during property inspections, as some lower-floor units may command superior value if situated with favourable aspect or reduced noise exposure. Investors prioritising rental income should focus on mid-range stack positions offering broad tenant appeal, whilst owner-occupiers may justify premium positioning based on personal lifestyle preferences.

What is the future residential supply pipeline affecting this district's appreciation prospects?

The Serangoon planning area has experienced constrained new supply approvals in recent years, with most pipeline completions concentrated in alternative precincts rather than immediate Bartley adjacency, suggesting limited near-term competitive pressure from new condominium developments. Government planning frameworks emphasise transport-oriented residential development, which generally benefits existing MRT-proximate properties like The Gazania by creating demand concentration around established transport nodes. Mixed-use development initiatives in neighbouring precincts may introduce additional residential supply beyond immediate Bartley surrounds, though such developments typically launch at premium positioning rather than direct competition with established mid-range condominium stock. The broader supply constraints across Singapore's residential development pipeline, combined with consistent demand from upgraders and investors, typically support sustained value appreciation for well-positioned properties across medium to long-term horizons. Prospective buyers should monitor official urban planning updates and registered development applications to assess potential competitive supply emergence affecting future market conditions.

The Gazania 3-Bed Condo S$2.5M near Bartley MRT | PropSG