Botanik Residence is an upcoming freehold condo project by Tuan Sing Holdings Limited. The development is situated in Hillview Avenue, a neighbourhood in the western region of Singapore. The beautiful area is filled with lush greenery and is near the Bukit Timah Nature Reserve, the Bukit Batok Nature Park, and other nature parks like the Dairy Farm. The stunning surroundings will delight future residents of Botanik Residence that appreciate the beauty of nature. The serene ambience enveloping Hillview Avenue is ideal for residents that prefer to live in a quiet area as compared to the bustling city area.
As Botanik Residence will be a freehold development, the property will likely attract many interested buyers who are interested in purchasing a unit as a future investment. Due to the nature of the development, the property and land will likely fetch a higher price as compared to leasehold developments in the area, which will usually experience depreciation in price over the years. If the en bloc sale is successful, owners of Botanik Residence stand a chance to gain substantial profits, depending on the state of the property market.
However, both developments are relatively old, making Botanik Residence a valuable investment in the area. Hillington Green is a condo that was completed in 2003 while Hillview Park is a freehold condo that was completed in 1995.
Although not many details have been released about Botanik Residence, interested parties can anticipate the residential project to be an excellent one. Other than being surrounded by lush greenery, residents of Botanik Residence can also visit places like The Rail Mall for their dining needs and the Rail Corridor, where enhanced works should be completed in 2021. Many other amenities such as schools and parks are also available in the vicinity.