UpperHouse at Orchard Boulevard: A Notable Investment and Lifestyle Choice Near Orchard Boulevard MRT

The established reputation of Singapore’s Orchard Road as a prominent shopping and lifestyle destination makes it attractive to both homeowners and property investors. Located along this well-known area, UpperHouse at Orchard Boulevard is a new condominium development with direct access to the Orchard Boulevard MRT station. Developed by UOL Group and Singapore Land Group (SingLand), this project offers a significant proposition for those seeking a residence and a valuable asset in Singapore’s real estate market. This article will explain why living near the Orchard Boulevard MRT, in a development like UpperHouse, presents noteworthy advantages for both homeowners and investors, based on the provided sources.

UOL Group and Singapore Land are of course very established developers with new launches here on this site such as Watten House, Parktown Residence, Meyer Blue and Pinetree !

For homeowners, the decision to buy property involves lifestyle, community, and personal value. UpperHouse at Orchard Boulevard offers convenience and a certain level of luxury due to its location next to the Orchard Boulevard MRT station on the Thomson-East Coast Line (TEL).

UpperHouse at Orchard Boulevard Key Selling Points

Significant Connectivity: A primary benefit for UpperHouse homeowners is the direct access to the Orchard Boulevard MRT station, situated nearby. The TEL provides connections to various parts of Singapore, including Woodlands in the north, Marine Parade and Bedok in the east, and central areas like Orchard Road and Marina Bay. This can result in reduced travel times for daily commutes and leisure activities, offering an alternative to private transportation. Additionally, Orchard MRT station, accessible with a short walk, connects to the North-South Line, providing access to areas such as Raffles Place. Newton MRT station, an interchange for the Downtown Line, further expands accessibility across Singapore. This public transport network enhances ease of travel and supports a lifestyle with less reliance on personal vehicles.

Lifestyle and Local Amenities: Residents of UpperHouse will be located in District 10, near Orchard Road. This provides access to a range of retail outlets, dining options, and entertainment venues. Options from boutiques to department stores are available in the vicinity. For those interested in nature, Singapore Botanic Gardens is located within a short distance, accessible via the MRT.

Families may find the proximity to educational institutions such as Anglo-Chinese School (Junior), Singapore Chinese Girls’ School, and River Valley Primary School appealing. Healthcare facilities are also located in the area. The development includes amenities such as a swimming pool, fitness center, and potentially lounges and gardens. The design aims for a modern aesthetic with well-planned layouts. Similar projects close to good schools are Watten House, 21 Anderson and 32 Gilstead.

For property investors, potential returns and asset appreciation are key considerations. UpperHouse at Orchard Boulevard presents an investment opportunity based on its location and the value of properties near MRT stations in Singapore.

Prime Location and Limited Availability: Located in District 10 along Orchard Boulevard, the development is in a well-regarded residential area. The site’s acquisition through a Government Land Sale (GLS) with direct MRT accesssuggests its inherent value. The joint venture between UOL Group and Singapore Land secured the land with a bid of S$428.3 million, reflecting the area’s desirability. This was the first residential land parcel released in the Orchard/Tanglin area since 2018, indicating limited new supply in the immediate vicinity.

Rental Prospects and Capital Appreciation Potential: Properties in established locations with good transport links often have strong rental demand. Orchard Road’s international profile and its mix of businesses and residences can provide a consistent pool of potential tenants. The direct connection to the Orchard Boulevard MRT (TEL), offering access to the CBD and future developments, enhances its attractiveness to renters. Investors can consider the location and the quality of the development for potential rental income.

Orchard Boulevard is considered a prime real estate area with potential for capital appreciation. Infrastructure and retail developments in the Orchard area may contribute to maintaining property values. The 99-year leasehold tenure is a standard lease term in Singapore.

The Developers and Project Features: The developers, UOL Group and SingLand, are established in Singapore. They have a history of developing residential and commercial properties. UpperHouse is planned as a new residential development with an estimated 280 to 301 units. Unit configurations range from one to four bedrooms. The development may feature smart home technology for controlling aspects like lighting and climate.

Advantages of a New Development: Investing in a new launch like UpperHouse can offer benefits such as potentially favorable developer pricing and early registration opportunities. A progressive payment scheme is typically available for properties under construction. Interested buyers can register to receive updates on pricing, floor plans, and e-brochures and schedule visits to the showflat.

In conclusion, UpperHouse at Orchard Boulevard presents a notable option for both homeowners and investors. Its location near the Orchard Boulevard MRT station offers significant connectivity and convenience, which can enhance the lifestyle for residents and the investment potential. The proximity to Orchard Road’s amenities, educational institutions, and green spaces adds to its appeal for homeowners.

For investors, the prime location in District 10 with direct MRT access, coupled with rental prospects and potential for capital appreciation in the Orchard area, positions UpperHouse as a potentially valuable asset. Developed by established firms UOL Group and SingLand and featuring modern designs, UpperHouse at Orchard Boulevard is a development to consider in Singapore’s real estate market.