The Raintree

Overview

Sales

Rental

Surrounding

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Overview

Sales

Rental

Surrounding

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Details

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*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on 3rd-party rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Description
The Raintree is a leasehold (99 yrs from 2003) commercial property. The development occupies a land area of 16,077 sqm and a Gross Floor Area of 30,867 sqm.

THE RAINTREE is located along Bukit Drive in Bukit Panjang, in District 21. It is accessible through the nearest MRTs including Beauty World DT5 and Hillview DT3. Other nearby amenities include: 3 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, SEOUL BUTCHERY PTE. LTD., LOTTE MART PTE. LTD., and 3 Shopping Mall(s): COURTS BUKIT TIMAH, BUKIT TIMAH SHOPPING CENTRE, BEAUTY WORLD CENTRE.

Based on transaction data in the last 12 months, the highest recorded transaction was S$ 1,319 psf in Oct 2016 for a 431 sqft unit for Shop. Its lowest recorded transaction was S$ 1,319 psf in Oct 2016 for a 431 sqft unit for Shop.

Buyers and tenants are attracted to District 21, which comprises of Upper Bukit Timah, Ulu Pandan and Clementi Park. Homes at these areas are generally nestled in the green enclave of Bukit Timah Nature Reserves and Bukit Batok Town Park. District 21 is served by Clementi MRT station of the East-West Line, as well as Beauty World, Hillview, Cashew and Bukit Panjang MRT stations of the Downtown Line. Accessibility to other parts of Singapore is also enhanced due to its close proximity to the Pan-Island Expressway. As one of the oldest HDB towns in Singapore, Clementi has grown into a vibrant town with many tertiary educational institutions, such as the National University of Singapore. Clementi Town centre, a mixed-use development in the heart of Clementi, comprises of a shopping mall, an air-conditioned bus interchange, a public library and two 40-storey residential buildings. Other major amenities here include the 12ha Clementi Woods Park, the Clementi Sports Hall and Clementi Swimming Complex.

With a land area of 25,500ha, the West Region is the largest of the five regions in Singapore. Jurong East is the regional centre of the region, while Jurong West is the most populous town in the region. A large number of Singapore's heavy industry companies are concentrated in the West Region. These are mainly petrochemical companies, comprising of international players such as BP, ExxonMobil, DuPont, Mitsui Chemicals and Shell. The West Region is also at the forefront of the government's industrial development efforts. The government plans to develop the Jurong Lake District and Jurong Innovation District into the second Central Business District (CBD) area in Singapore. Additionally, the Tuas Mega Port, upon completion in the 2040s, is anticipated to be the world's single largest container port with an annual capacity of 65 million TEUs.
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What they say
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5
"I live here"
A**** O**
Google Review     |   17 Jul 2022
1
"Recent maintenance work has been very poorly done, without any apparent input or guidance from the original architects. The poor quality of paint work will almost certainly end up reducing the appeal and value of the condos - if not quickly rectified. The sad thing is - this place is extremely well-designed and incredibly well positioned (near the jungle.) It is quiet and the quality of air is wonderful. Prior to this latest work, the finish and maintenance was always first-class (we have lived here 7 years.) What a shame."
J*** S****
Google Review     |   07 Feb 2021
5
"Very nice place"
T** S***** M****
Google Review     |   04 Jan 2021
5
"home sweet home"
G*** W**
Google Review     |   29 Oct 2020
5
"Nice apartments and situated right next to a reserve with abundant wildlife"
G***** T**
Google Review     |   09 Oct 2019
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Nearby Amenities
Source: URA,  www.edgeprop.sg
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Sales Transaction of Bukit Drive (Limited to 10)

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Asking Price of THE RAINTREE

Source: URA, https://www.edgeprop.sg

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Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on 3rd-party Rental data in the last 12 months.

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