Bideford Hills

Project NameBideford Hills
DeveloperSIN Capital Group Pte Ltd
DescriptionMixed development for commercial and residential use
Address30 Bideford Road
Site Area (m2) / Potential Gross Floor Area21,602 sf
No. of UnitsTBA
Estimated TOP2023

Sin Capital Partners have bought the Bideford Hills property along Bideford Road at S$380m. This comes after the 26-storey site was offered for sale after approval by 80% of its owners. The S$380 million price of Bideford Hills translates to S$2,431 psf. The sale of the property was sealed on a 10-week private treaty period after the closure of the 2nd tender period.

Bideford Hills (former Thong Sia Building) has an existing GFA of around 156,300 sq ft. However, the allowable GFA for the upcoming Bideford Hills is 7.236 times the total size of the site which is equivalent to 21,600 sq ft. This is expected to exceed the 4.9 plus plot ratio indicated for the development of residential and commercial properties by URA in the 2014 Master Plan.

According to JLL, the agent that brokered the sale, the mixed-use development Bideford Hills was bought in one of the largest mixed-use property collective sales in Singapore. Although the site attracted other bidders, they couldn’t meet the min S$400 million prices stipulated by majority owners of the property.

The developer is yet to reveal further details about the upcoming Bideford Hills, but there are possibilities that the development will be mixed comprising of both residential and commercial units for residential purposes.

Bideford Hills presents an opportunity to Sin Capital Partners to develop a new freehold mixed development right at the center of Orchard in District 9 Singapore. Once completed the demand is expected to be high due to the convenience Bideford Hills offers to its future residents.

Latest Information Bideford Hills Price List As At  Tuesday, March 19th 2019 updated, Register to receive the price list and book showflat appointment!

Benefits That Residents of Bideford Hills
Will Enjoy Living in Bideford In District 9 Singapore

Homeowners and investors have plenty of reasons to eye on the upcoming Bideford Hills residences. The mixed development featuring commercial and residential units enjoys a strategic location at the heart of Orchard in the popular District 9 of Singapore. The convenience you get living here is unmatched.

Bideford Hills is the ultimate destination for improved family life. Everything is right at your doorstep enabling you easily access any facilities or amenities you might need. The development will feature luxurious facilities such as swimming pools where residents can unwind after a busy day at work. Besides, shopping malls, schools, hospital, etc. are just a few distances away from Bideford Hills residences.

Here are some of the things
you will enjoy at Bideford Hills:

Good Location

Bideford Hills is well situated in a convenient area to enable its future residents to take advantage of the nearby amenities and facilities. The strategic location coupled with the enhanced transport network here allows residents to get to any part of Singapore easily. Some of the nearby MRT stations from Bideford Hill residences are Somerset and Orchard MRT stations. Getting to the CBD is also easy enabling residents who work there to enjoy quick commutes.

Bideford Hills sits close to prominent restaurants were future residents can get some of the most delicious food in the area. The Curry Culture – Cuppage Terrace is found only 10 minutes walk from Bideford. Other restaurants in the vicinity include Brewerkz Orchard Parade Hotel, Modesto’s @ Orchard, Thai Village Restaurant and more.

Your medical concerns are also well addressed with the easily accessible hospitals and clinics around Bideford Hills. Some of the hospitals in close to Bideford Hills include Mount Elizabeth Hospital, Bideford Community Hospital, KK Women’s and Children’s Hospital, Pearl’s Hill Care Home among others.

Excellent Connectivity

Orchard Road properties enjoy easy accessibility due to the excellent connectivity in the area. Bideford Hills is located next to Orchard MRT, Newton MRT, Somerset MRT, and Dhoub Ghaut MRT which enable you to get to any part of the neighborhood or other parts of Singapore easily.

Owners of private vehicles will also enjoy staying in this area. There are enough expressways to get you to your preferred destination. Some of the nearby expressways include The Central Expressway (CTE), Ayer Rajah Expressway (AYE) and Marina Coastal Expressway (MCE). You will also find several buses moving across the neighborhood drooping Orchard Road area residents.
With excellent transportation, getting to schools, hospitals, shopping malls and accessing other important amenities is made easy. You can expect no traffic delays around this neighborhood which means you can get to work or home on time.

Proximity to Prominent Schools

Education of your kids is a crucial aspect to consider when looking for your next home. Lucky, parents from Bideford Hills will have an easy time selecting a school for their children since most of them are just a few minutes drive away.

Furthermore, staying close to schools means that your kids can arrive at school early and get back home on time which saves them time to do their homework. You can simply drop them to school as you head to your workplace in the morning.

With several schools in the vicinity, you can get to choose which one is right for your child. The education and care for your young ones are also provided for since Orchard Road area is surrounded with several Kindergarten and childcare center.

Some of the schools around Bideford Hills residences include:
• Saint Joseph Institution
• Anglo Chinese School
• River Valley Primary School
• Farrer Park Primary
• Nanyang Academy of Fine Arts
• Singapore Management University
• Chatsworth International School

Next to Shopping Centers

The Orchard area also has a place for shopaholics. Bideford Hills is strategically located to ensure that residents can easily access daily supplies whenever the need arises. There are plenty shopping destinations nearby where you can head to such as Ngee Ann City, Paragon Shopping Mall, Takashimaya Shopping Centre, Ion Orchard, Cathay Cineleisure Orchard, Hereen, Wisma Atria, Lucky Plaza, Orchard Central, 313 @ Somerset, Orchard Point and more.

With such a plethora of shopping spots in the area, you will hardly miss anything you need. What’s interesting is that they are conveniently located and with excellent transportation getting to this place is quick. The malls also offer incredible entertainment facilities to keep you and your kids entertained and ensuring that your shopping experience is filled with fun. There are also plenty of restaurants in the malls where you can head to and enjoy delicious meals as you relax.

Bideford Hills Key Features:

  • Rare Freehold Mixed development
  • Very accessible to numerous Stations nearby Somerset MRT
  • Easily connected to Major Expressways like Central Expressways (CTE) and Marina Costa Expressway (MCE)
  • Good Location right at the heart of Singapore District 9
  • Istana as neighbour
  • High rental demand – Great Investment
  • Attractive Price with its VVIP discount
  • Numerous amenities within proximity
  • Near Mount E

Why Properties in Core Central Region Are A Better Investment

Location is an important factor to consider when investing in real estate. According to URA, Singapore’s private residential property market is divided into 3 regions. The Core Central Region (CCR), Outside Central Region (OCR), and Rest of Central Region (RCR). But out of these segments, properties in the CCR (District 9, 10 and 11) stands out with huge growth potential which makes it an incredible place to invest.

In the recent past, residential home prices have been declining. However, the Singapore property market has started rising again. The 2nd Q to the 3rd Q of 2017, saw the rise of properties in the Core Central Region by 0.1 according to statistics from URA’s Private Residential Property Index. Could this be an indicator that it’s the right time to invest in CCR?

Here are the reasons why you should invest in the CCR now.

1. Strategic Location

The Core Central Region is a prime area. Properties located in these areas have high prices due to the convenience that residents enjoy. Everything is within reach from properties in CCR due to excellent connectivity allowing easy access to the CBD and other important places around.

Besides, there are plenty of amenities such as schools and public transport nodes in a convenient location allowing residents in CCR to live more comfortably.

Bideford Hills is a stone throw away from the reputable Orchard Road and other incredible destinations with a plethora of amenities. It is surrounded by high-end developments right at the heart of Singapore. This is the are to invest if you are looking forward to providing your family with a lavish lifestyle in the middle of affluence.

2. Rental Potential

Generally, properties in the CCR have a good rental potential. Apart from the convenience that owners of properties in this region enjoy, they are usually properly configured and well designed to provide for the needs of its residents. Most of them come with a pack of essential facilities situated right at your door. The fact that accessing the CBD is easy due to proximity and the excellent connectivity means that many people will prefer living here.

Properties in CCR provide long-term value with guaranteed capital appreciation. Bideford Hills is one such residential property that presents a huge potential due to its closeness to the community and commercial developments. With the convenience coupled with access to key lifestyle amenities, you can expect high rental yields from properties in this region.

Latest Updates As At  Tuesday, March 19th 2019 updated, Register to receive the price list and book showflat appointment when ready!

3. Strong Sales

The Urban Redevelopment Authority’s sales history indicate that 729 units in the CCR were sold in Quarter 1 of 2017 followed by 1,171 in Quarter 2 and 1,470 n Quarter 3. The figures show a rise form the 619 units sold in Quarter 4 of 2016. Besides, the sales of units priced above S$5 million have been trending upwards every year since 2014 as stated in List Sotheby’s International Realty’s report. The buyers of properties in this region are the locals and foreigners.

4. Limited Supply of Freehold Property

While there is a limited supply of freehold properties across Singapore, no region is more prominent than the CCR including district 9. Due to the limited supply, properties in this area attracts high land bids which are likely to affect their future prices. If you invest in properties in this area, you can anticipate a price gap which is currently between 15% band 25% to rise soon.

Shortage of land supply has led to an increase in collective sales. Some of the properties recently sold include the Sloane Courts at of S$1,616 (US$1,186) ppr and Cuscaden Road at around S$1,826 (US$1,340) ppr. Besides, there are few developments currently available and a couple of upcoming properties. Bideford Hills is one of such upcoming properties that presents you with an opportunity to invest in this prime area.

5. High Resistance to Oversupply

In the 3rd Quarter of 018, the vacancy rates of private properties stand at 6.8%. Although other factors contributed to a reduced number of tenants, oversupply is the leading contributing factor. By the end of this year, up to 26, 000 new private non-landed properties are expected to enter the market increasing the supply of rental properties further.

However, of all the regions affected by the oversupply, CCR has been affected the least. According to URA, the rental income from properties in OCR and CCR declined by 5-5.6%, but the CCR only declined by 3.8% which is still better than its counterparts. This is because CCR properties are not vulnerable to the entry of several rental properties into the market partly due to their strategic location leading to high demand always.

6. Better Consistency

Most properties in CCR have established brand names. Although their prices could be higher, the properties hold their value with high capital appreciation. On the other hand, properties in OCR or RCR can be cheaper, but they can easily be affected by many factors such as lower yields and high vacancy rates. If you are an investor with enough capital, investing in CCR is a wise decision with guaranteed returns.

About SIN Capital Group Investment

SIN Capital Group is a multi-asset investment company focused on private investments and real estate across Asia. The company was incorporated in March 2013 with headquarter in Singapore and has since been operational for more than 5 years offering development and consultancy services.

The company has partnered with international companies to provide value-added capital to investors and family businesses who need sustainable growth across geographies and generations. SIN capital is focused on investments located in the core areas across Asia which enjoy convenience due to the proximity of amenities and facilities.

The latest development property to be developed by SIN Capital is Bideford Hills Residences. SIN Capital has established its name in the real estate industry and its no doubt that Bideford Hills is going to be a success with perfect design and top-notch construction to provide an ideal place for its future residents to raise their families in a more comfortable living space.

Bideford Hill (Former Thong Sia Building) sold for S$380m in Singapore’s mixed-use collective sale

FREEHOLD commercial and residential property Bideford Hills, near the Paragon shopping mall, has been put up for sale for the first time since it was built in 1981 and the vendors are expecting offers of between S$400 million and S$420 million.

More than 80 per cent of the owners, measured both by share value as well as strata floor area, have consented to the collective sale of the 26-storey building along Bideford Road. The building has a land area of about 21,600 sq ft, and comprises seven levels of commercial space and a 19-level residential tower of 37 apartments.

Register Your Interest For
Bideford Hills Condo Today!

Latest Information Bideford Hills Price List As At  Tuesday, March 19th 2019 updated, Register to receive the price list and book showflat appointment!

Register Early Now!