Another New Launch . The Gazania Condo

On August 23, 2018, in The Inflora Condo, by Developer Sales Team

The Gazania condo is a new launch coming up in 2018 that follows the same tradition of being named after a flower. It is a safe bet – you can’t go far wrong with that, and it usually sounds pretty.

While the Gazania condominium is not part of this series of floral themed residences by Hong Leong Holdings at the aptly named Flora Drive, nevertheless it shares many similar characteristics.

Firstly, the Gazania is also a low-rise high development, in a low density area. It is just 5 storeys tall in a mainly landed estate, making for a pleasant resort-like ambience. The low density of the site allows for more landscaped areas and gardens, compared to built-up areas too.

It is also located in an almost exclusively private residential estate, with no HDB precinct in sight.

But there are quite major points of differences too. While the earlier condominiums at Flora Drive, such as Azalea Park and Ballota Park hold freehold tenure, the later ones such as Inflora and Jovell are 99 year leasehold developments. The Gazania condo, being on freehold land, differs from these later projects at Flora Drive.

The Gazania also enjoys one huge advantage – it is less than 5 minutes walk from an MRT station, making it much more attractive in terms of accessibility. On the flip side, the Flora Drive condos, being so deep inside a private residential estate and away from transport nodes, enjoys a greater sense of seclusion.

The Jovell is taller than The GazaniaThe Jovell . 8 Storeys vs 5 Storeys for The Gazania

Given these two advantages that the Gazania condo enjoys, freehold stature and proximity to the MRT network, it is inevitable that the pricing level would be a lot higher. While exact pricing details are not available yet, expectations are for an at least 50% higher price point. So we are possibly looking at somewhere around $2,000 PSF as the average Gazania price point, compared to around $1,200 PSF for the Jovell.

So it depends on what you are looking for. If a freehold tenure and having an MRT within walking distance are your prime considerations, then come view the Gazania showflat. But if price and a very peaceful quiet environment appeals more, take a look at the Jovell.

 

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