Grand Dunman Condo at Dunman Road By Singhaiyi (Hot Launch 2023)

Latest Updates on Grand Dunman Condo

17.07.2023:
Here’s an update on the progress of the Grand Dunman project, a residential development that you may still want to consider investing in. Over its launching weekend, more than half of its 1,008 units, specifically 550 units (54.6%), were sold, as confirmed by the developers, SingHaiyi Group and CSC Land Group. The average selling price reached an impressive $2,500 per square foot.

The sales distribution across the property types was quite varied. The two-bedroom units were the most popular, with 77% of them selling from a base price of $1.55 million, equating to $2,330 per sq ft. Three-bedroom units also received significant interest, with 61% of them being sold from a starting price of $2.21 million at $2,309 per sq ft. One-bedroom units also sold well, with 58% being purchased from $1.09 million upwards, priced at $2,418 per sq ft.

SingHaiyi’s head of sales and marketing, Mr Gary Lim, highlighted that buyers appreciated the superior views offered by many of the south-facing units. He also noted a mix of investors and owner-occupiers, with a tendency for the latter group to purchase the larger units. It’s worth noting that a majority, about 90%, of buyers were Singaporean, with the remaining 10% split between permanent residents (9%) and foreigners (1%).

The Grand Dunman development had the most successful launch in over two years, surpassing the previous record-holder, Normanton Park. This is likely due to its appealing location within walking distance of Dakota MRT station and proximity to several reputable schools. The pricing has also been seen as reasonable given its city fringe location and accessibility to key commercial hubs. The rising cost of vehicle ownership also makes its close proximity to public transport even more attractive.

Most unit types were sold within a price range of $2.5 million, which has become a sweet spot for homebuyers and investors. Sensible pricing, in line with current market sentiment, is believed to have supported strong sales despite recent property cooling measures.

Set to receive its temporary occupation permit in 2028, the 99-year leasehold Grand Dunman development is positioned on a site area of 25,234.3 sq m. With units still available and its proven track record, it’s certainly worth considering for your property investment portfolio.

30.06.2023:

SingHaiyi Group, a reputable property developer, reported that their Grand Dunman project’s sales gallery welcomed approximately 10,000 visitors during the past weekend, with the count taken until 8pm on July 2. The sales gallery had opened for a public preview on Saturday, July 1, with the official opening set for July 15.

The CEO of SingHaiyi Group, Raymond Chia, expressed his optimism about the high visitor numbers, saying, “The turnout has been very uplifting, and we anticipate robust sales.”

Review on Singhaiyi Emerged As The Developer of Grand Dunman Condo

The tender for Grand Dunman, a Government Land Sales (GLS) site, has closed after SingHaiyi Group submitted the winning bid of $1.284 billion, equivalent to $1,350 per square feet per plot ratio (psf ppr). The property had received a total of two bids, the winning offer being 20.3% higher than the lowest offer of $1.06 billion from City Developments, Hong Leong Holdings and TID, and Hong Realty.

The 99-year leasehold property is situated in one of the attractive neighbourhoods in Singapore. It sits in a total suite area of 25,234.3 with a Gross Maximum Area (GFA) of 88,321 square metres (sq m). Dunman Road GLS residence is expected to house 1,040 residential units and a maximum building height of about 64 metres Singapore height datum.

Located in the tightly held neighbourhood of Tanjong Katong, Dunman Road GLS residence is a once-in-a-lifetime opportunity for homeowners and investors to acquire property in a quintessential environment. The future residents will have an excellent access to an established transport network within close reach of ammenities.

And the fact that the magnificent Dunman Road GLS residence is located a few minutes’ drive from the Central Business District (CBD), living here means access to world-class amenities. This means you can fulfil your needs without travelling far from home.

Whether old or young, Dunman Road residents accommodate each individual since plenty of amenities are in the vicinity. Schools, hospitals, restaurants and recreational establishments are strategically positioned close by. In short, the property is near every living convenience needed for everyday living, making it the perfect home for people accustomed to first-class life.

Also, Dunman Road residents will enjoy the modern and sophisticated units from the popular property developers, SingHaiyi Group.

Grand Dunman Key Selling Points

• It is located in a desirable location near Singapore’s CBD.
• The site is easily accessible through Old Airport Road and Dunearn Road, which are a few metres away.
• Dakota and Mountbatten MRT stations are a hop, skip and jump away from the condominium.
• The East Coast Parkway expressway is a mere 12 minute drive away.
• Broadrick Secondary, Eton International and Tanjong Katong Girls School are in the neighbourhood.
• Katong Family Clinic is just a 3 minute drive away.
• Wide food options are available; INDO THAI Bar & Restaurant and Bruno’s Pizzeria & Grill are in the vicinity.
• Residents can shop at Katong Shopping Centre and Guillemard Village, less than 2km from the GLS site.
• Geylang Park Connector is a 3 minute drive away.