The Draycott, Singapore

Draycott Park

The Draycott, Singapore View1

Property Type

Property Size
361,618 Sq Ft
Available Space
83 Sq Ft - 496 Sq Ft
Tenure
Freehold
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A rare opportunity to acquire a 31% stake in The Draycott
one of Singapore's most prestigiously located and iconic condominium

Built in the 1980s, the Draycott is well regarded as one of Singapore's most recognisable condomimium projects wiht its distintive cylindrical-towering architecture. It raised the bar of luxury and prestige when it was built, and was considered well ahead of its time.

Throughout these three decades or so, it has managed to cement its status as an icon amongst the elite high-rise projects in the Ardmore Park / Draycott / Claymore district with its everlasting design, expansive grounds, stunning views, and complete array of facilities.

The 34-storey towers out rise most neighbouring buildings and enjoy panoramic views of lush greenery over the large Goodwood Hill.

The project comprises 133 units of apartments, maisonettes and a shop, and is equipped with facilities such as swimming
pool, gymnasium, BBQ pits, playground.

-     An opportunity to invest into the high-end residential market when its trading at a substantial discount
      historical values

-     Besides a refurbish-and-strate-sale option, a collective sale could be an alternative exit strategy at an
    
  opportune time

-     Assuming 100% occupancy, net yields in the region of 2% p.a could be expected at projected rent rates of 
    
  around $4 psf pm

-     Singapore - ranked by Business Environment Risk Intelligence (BERI) as the best city for investment in terms of
      operations, politics and foreign exchange




* for more details, please see attached property particulars.

    

Contact Agent
Karamjit Singh_Commercial Real Estate Agent
Karamjit Singh

CEA No: R001325D

+65 6494 3661

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