Daintree Residence: 93% sold

By Valerie Kor / EdgeProp Singapore | December 24, 2020 6:00 AM SGT
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SINGAPORE (EDGEPROP) - Since its launch 2½ years ago in July 2018, Daintree Residence has sold 303 out of 327 units (92.7%), with only 7.3% of the total remaining.
The 99-year leasehold private condominium is scheduled for completion in 2Q2022 — about 1.5 years from now. Nestled in the private residential estate of Toh Tuck Road in Bukit Timah, it is also in proximity to Bukit Timah Nature Reserve and Bukit Batok Nature Reserve. (See: Discover insightful data of any Singapore condominium with our condo directory)
The serenity of the location is one of the main reasons why Daintree Residence’s developer, SP Setia International, was drawn to it. SP Setia International is a Singapore-based subsidiary and overseas business arm of Malaysian public-listed property developer, SP Setia. In April 2017, the developer submitted the top bid of $265 million for the 201,523 sq ft site — the highest among 24 bids received — and was awarded the tender. (See: Daintree Residence Offers You The Best Value)
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Named after Daintree Rainforest in Queensland, Australia, which is a World Heritage site where up to three-quarters of land is covered with tropical rainforests, Daintree Residence’s landscaping and 50 facilities seek to emulate lush living in the tropics.
Daintree Residence Showflat - EDGEPROP SINGAPORE
High-quality finishes and fittings, such as imported marble flooring, are provided in the units (Photo: Samuel Isaac Chua/The Edge Singapore)
The 12 five-storey blocks of the development are arranged in two wings, aptly named the Rainforest Wing and Valley Wing. All units enjoy a view of the pools in the development, or surrounding greenery outside of the development.
In the Valley Wing, there is a 25m infinity pool, spa beds and bubbling waters, set in a verdant environment. The tennis court is on the top floor in the Valley Wing as well.
Meanwhile, in the Rainforest Wing, there is a 50m leisure pool which is equipped with a jacuzzi, aqua gym and foot spa. At the other end of the pool, there is a separate splash pool for young children. Residents can exercise in the gym or relax in the steam room, or escape to a quieter corner at the Hammock Bay and Water Bay, away from the main pool.
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The appointed architect at Daintree Residence is renowned ADDP Architects and the landscape designer is EcoPlan Asia. Neo Keng Hoe, general manager of SP Setia International, the developer of Daintree Residence, says: “The design showcases a well-articulated façade, reminiscent of the terrain of a quarry that characterised Bukit Timah.”
Daintree Residence loft - EDGEPROP SINGAPORE
Units on the first and fifth floors boast high 4.3m ceilings (Photo: Samuel Isaac Chua/The Edge Singapore)
Neo says that buyers have shown interest and excitement to have their guests explore the panoramic 330m Treetop Walk on the sixth storey, which connects the Valley Wing with the Rainforest Wing. On this linkway, homeowners can enjoy views of nature and access facilities on the top floors of both blocks.
Another highlight of the development is the heritage raintree at the Rainforest Wing, which has stood tall since Singapore’s nation-building years. Neo says: “It will offer residents a sanctuary-
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like ambience for them to revitalise themselves and to relax.”

Daintree Residence: Growing tenant pool in a mature estate

Neo says that construction at Daintree Residence has resumed after stopping for a few months during the “circuit breaker” period, and is now in full swing.
Daintree Residence will only be a six-minute walk to Beauty World MRT Station. Bukit Timah Shopping Centre and Beauty World Plaza will be a short walk away.
Daintree Residences - EDGEPROP SINGAPORE
Buyers like the project’s spacious layouts (Photo: Samuel Isaac Chua/The Edge Singapore)
Daintree Residence will also be near the future Bukit Timah Community Building. The 216,000 sq ft building will house a community club, indoor sports hall, community library and elderly facility. There will also be a new market and hawker centre within the facility.
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Top schools located nearby include Methodist Girls’ School, Nanyang Girls’ High School, Hwa Chong Institution, National Junior College and NUS High School. For young families, there are three primary schools within 1km of the project: Pei Hwa Presbyterian School and Bukit Timah Primary School. Keming Primary School is also within 2km.
Neo says: “The ongoing rejuvenation of Beauty World will enhance connectivity and introduce amenities and nature attractions to the precinct. The many good schools in its vicinity and a new integrated transport hub will attract residents and tenants to this convenient, charming and mature neighbourhood.”
In the future, there will be a new mixed-use development at Jalan Anak Bukit, which will form part of the integrated transport hub, connected directly to the Beauty World MRT station. The tender for the site will close at the end of next March. The future development will have over one million sq ft of space, including retail and F&B offerings, which will benefit residents nearby, including those at Daintree Residence.
Neo says that there has been an increase in interest from “serious buyers” since the announcement of the launch of the Jalan Anak Bukit site for tender, given its proximity to the Toh Tuck enclave.
Quality finishes and fittings, such as imported marble flooring, are provided in the units, ranging from 517 sq ft one-bedders to 1,539 sq ft four-bedders. Bathroom fittings and wares will be from Hansgrohe and Duravit. Kitchens will also come fully equipped with top-end appliances from De Dietrich. Units on the first and fifth floors will boast a high 4.3m ceiling.
“Many buyers shared that they like our spacious layouts and the provision of quality finishes and fittings in our apartments,” says Neo.

SP Setia International: Related Projects (Condo / Landed Properties)

Project Name
Property Tenure
Nearest MRT Station
99 years leasehold
Freehold
99 years from 2012
For price trends, recent transactions, other project info, check out these projects' research page: Daintree Residence, Toh Tuck Road, Jalan Anak Bukit

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