8 Saint Thomas, located along River Valley Road in District 8, is a premium freehold condominium developed by Bukit Sembawang Estates Limited. It has two towers, soaring 34 and 35 storeys high, comprising 250 exclusive residential units. The property is a winner of numerous awards, including international ones such as China Real Estate Design Award (CREDAWARD) SILVER, New York Design Award GOLD, Asia Property Awards Best Luxury Condo Development, Best Condo Architectural Design (Singapore), and Asia Pacific Property Awards 2019’s Best Apartment / Condominium (Singapore).
4 Reasons Why 8 Saint Thomas Is an Ideal Home:
1. Specifications and Perks for Own Stay
| Project Name | Tenure | TOP | Unit Type (up to) | Size in sqft | Average Price PSF (up to) |
|---|---|---|---|---|---|
| 8 Saint Thomas | Freehold | 2018 | 1-bedroom 2-bedroom 3-bedroom 4-bedroom | 517 1,044 1,302 1,755 2,659 | $3,139 |
8 Saint Thomas is designed by DP Architects, an award-winning architecture firm. The condominium has garnered the Green Mark (Gold) by the Building & Construction Authority (BCA) for being an ecologically responsible and friendly development. It has five themed sky gardens and six sky terraces offering relaxation lounges, fitness decks, and gourmet dining areas. Units range from one- to four-bedroom apartments (some of which are dual key apartments), as well as two exclusive penthouses.
This condominium has a range of well-equipped facilities for fitness and relaxation. Enjoy a dip or swim in one of these – lap pool, lounge pool, sanctuary pool, and continental water deck. There’s also a fitness corner, tennis court, and gymnasium, that are guaranteed to keep you fit. If you enjoy hosting gatherings, there’s a function room and garden barbeque pavilion too.
2. Accessibility, Amenities, and Recreational Spots
The nearest train station is Somerset Station on the North South Line (NSL), which is a 10-minute walk away. Residents can look forward to a nearer train station in future, which is the Great World MRT Station on the Thomson-East Coast Line, just five minutes by foot. If your office is in the Central Business District (CBD), you’d be delighted to know that it’s easily a nine-minute drive away via River Valley Road and Clemenceau Avenue.
A 14-minute walk over to Orchard Road will bring you to a fancy food and shopping paradise. In the mood for chilling out? Take a short drive (all locations are located less than 10 minutes away) to these cool spots which are perfect for evening hangouts: Dempsey Hill, Tiong Bahru, Ann Siang Road, Keong Saik Road, and Telok Ayer Street. Change things up and embrace the outdoors at Mount Faber, Singapore Botanical Gardens, and Gardens by the Bay. They are also about a 10-minute drive away from the property.
3. Education and Healthcare
Local and foreign families with children would be delighted to know that there are plenty of educational institutions within the vicinity, such as River Valley Primary School, Alexandra Primary School, Outram Secondary School, ISS International Elementary School, Chatsworth International School, Overseas Family School, and Swedish Supplementary Education School.
If you require immediate medical attention, fret not. Good clinics and hospitals such as Raffles Medical and Mount Elizabeth Hospital are less than 10 minutes away by car.
4. Property Price and Future Developments
The price of a three-bedroom unit (1,302 sqft) on 8 Saint Thomas’ mid-high level floor, in the past two years:
- January to December 2018 – up to $4,080,000
- January to December 2019 – up to $4,128,000
Since 2018, property rental prices have been increasing. We can foresee the price rising over the years, thanks to upcoming developments. Commercial establishments will be built along the upcoming Thomson-East Coast Line. This includes Dover Knowledge District, a mixed-use site that’s an extension to one-north and suitable for technology companies. The old Pasir Panjang Power District will be turned into the Greater Southern Waterfront, a heritage and lifestyle hub. All these places are less than 17 minutes away from 8 Saint Thomas.
Is 8 Saint Thomas the home you’ve been dreaming of? Talk to our real estate consultants and get VIP agent service. Call 6886 9009 now!
Best Mortgage Rate Across All Banks for 8 Saint Thomas
Talk to our mortgage brokers with over 30 years of experience and get the lowest mortgage rate at 1.78%. Our home loan specialists will assist you with everything you need to know from Total Debt Servicing Ratio (TDSR), Loan to Value (LTV) Limits and Legal Conveyancing.
Buyer’s Stamp Duty for 8 Saint Thomas
Buyer’s Stamp Duty (BSD) is tax paid on documents signed when you buy or acquire property located in Singapore.
If you opt to buy a three-bedroom unit at 8 Saint Thomas the price is at $4,128,000 which is reflective of the market value, your Buyer’s Stamp Duty (BSD) is $149,720.
| Market Value of the Property | BSD Rate | Calculation |
|---|---|---|
| On the first $180k | 1% | $1,800 |
| On the second $180k | 2% | $3,600 |
| Next $640,000 | 3% | $19,200 |
| Remaining $3,128,000 | 4% | $125,120 |
| BSD Payable | $149,720 | |
Source: IRAS
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Additional Buyer’s Stamp Duty for 8 Saint Thomas
Liable property buyers in Singapore are required to pay Additional Buyer’s Stamp Duty (ABSD) on top of the existing BSD. ABSD and BSD are computed on the purchase price as stated in the dutiable document or the market value of the property (whichever is the higher amount).
Who is liable to pay ABSD:
- Singapore Citizen (SC) buying second, third and subsequent residential property
- Singapore Permanent Resident (SPR) buying first, second and subsequent residential property
- Foreigners or entities buying any residential property
ABSD for Singapore Citizens when Buying 8 Saint Thomas
Here’s the ABSD amount you are required to pay if you are an SC:
| Property Ownership | ABSD Rate | ABSD Amount from Price $4,128,000 |
|---|---|---|
| If 8 Saint Thomas is your second residential property | 12% | $206,400 |
| If 8 Saint Thomas is your third or subsequent residential property | 15% | $619,200 |
ABSD for Singapore Permanent Resident when Buying 8 Saint Thomas
Here’s the ABSD amount you are required to pay if you are an SPR:
| Property Ownership | ABSD Rate | ABSD Amount from Price $4,128,000 |
|---|---|---|
| If 8 Saint Thomas is your first property | 5% | $206,400 |
| If 8 Saint Thomas is your second or subsequent residential property | 15% | $619,200 |
ABSD for Foreigners when Buying 8 Saint Thomas
Here’s the ABSD amount you are required to pay if you are a foreigner:
| Property Ownership | ABSD Rate | ABSD Amount from Price $4,128,000 |
|---|---|---|
| Foreigners buying any property | 20% | $825,600 |
VIP Service for Buyers at $0 Agent Fees
Our real estate consultants will provide you insights about this new project and assist you with everything you need to know from BSD, ABSD, exercising the OTP to sealing the deal.
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