City Square Residences @ Kallang: Luxe Living In Freehold Apartments Close to Central Singapore

Ohmyhome

Ohmyhome

Share on facebook
Share on email
Share on whatsapp

Have you been searching for a freehold development that’s close to the central areas of Singapore? City Square Residences may be just the condominium for you! Located in District 8, at Kitchener Link, this 30-storey high development comprises 910 units, showcasing modern and luxurious vibes, with facilities that are set to impress anyone. Let’s get to know more about this condominium.

4 Reasons Why City Square Residences Is Ideal for Families and Working Professionals:

1. Specifications and Perks for Own Stay

Project NameTenureTOPUnit Type (up to)Size in sqft (up to)Average Price PSF (up to)
City Square ResidencesFreehold20091-bedroom
2-bedroom
3-bedroom
4-bedroom
667
872
1690
1518
$1,555

City Square Residences is designed with clean sleek lines with modern interiors, which are tasteful, taking you to new heights of luxury living. Bay windows installed in the apartments are thoroughly thought of to give you breathtaking views facing the Central Business District (CBD), Rochor River, parks and beautiful landscape incorporating pools and other water features. The range of units offered appeal to any type of buyer – from bachelors to small-sized families.

Living here would mean having fruitful days involving exciting activities. There’s not one but a series of pools, including a 50m lap pool with jacuzzi, kid’s pool with water play equipment and a fun pool with fountain. There are many spots for indoor activities, such as a fully equipped clubhouse with a gymnasium, function room, games room, karaoke room, and even your own private bowling alley! Other facilities BBQ pits, tennis courts, steam bath and more.

2. Accessibility, Amenities and Recreational Spots

There’s no reason why you can’t go eco-friendly as Farrer Park MRT station of the North-East Line is just a three-minute’s walk away from home. Major expressways such as the Central Expressway (CTE) and East Coast Parkway (ECP) are nearby too so commuting to the CBD areas and the Changi International Airport is convenient and easy. It’s a given that this property’s central location ensures great accessibility to other parts of Singapore.

City Square Mall is less than a minute away, offering more than 200 retail stores. It’s also a family-friendly mall – your kids will enjoy the eco-playground, green roof and living maze! Need to grab something in the middle of the night? Mustafa Centre which opens 24 hours every day is just around the corner. Take a five-minute walk to Tyrwhitt Road and explore some interesting eateries, from hawker centres to new trendy cafes.

3. Schools and Healthcare

Perfect for families with children, this property development is situated near numerous schools. Expect to find schools such as LEAP SchoolHouse (1-minute walk), MindChamps PreSchool (three-minute walk), Farrer Park Primary School (800m), Stamford Primary School (900m), Hong Wen School (five-minute drive), Northlight School (1.8km), and St. Margaret’s Primary School (3.8km), within close range.

If you need to see a doctor, you need not worry as driving to these healthcare institutions takes less than 15 minutes: Farrer Park Hospital (three minutes), Kallang Polyclinic (nine minutes), Raffles Hospital (12 minutes), and Parkway East Hospital (16 minutes).

4. Property Price and Future Developments

The price of City Square Residences’ two-bedroom unit (872 sqft, high-level floor) in the past three years:

  • January to December 2017 – up to $1,410,000
  • January to December 2018 – up to $1,480,000
  • January to December 2019 – up to $1,550,000

Since 2017, the property price at City Square Residences has been increasing. We can foresee the price rising over the years, thanks to upcoming developments like more amenities, recreational facilities, community spaces, and public transportation options

Love what City Square Residences has to offer? Talk to our real estate consultants and get VIP agent service. Call 6886 9009 now!


Best Mortgage Rate Across All Banks for City Square Residences

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 City Square Residences

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 two-bedroom unit at City Square Residences the price is at $1,550,000 which is reflective of the market value, your Buyer’s Stamp Duty (BSD) is $46,600.

Market Value of the PropertyBSD RateCalculation
On the first $180k1%$1,800
On the second $180k2%$3,600
Next $640,0003%$19,200
Remaining $550,0004%$22,000
BSD Payable$46,600

Source: IRAS

Looking at another unit size? Use Ohmyhome’s In-app BSD calculator for faster calculation! Download Ohmyhome from the Play Store or App Store now!

Additional Buyer’s Stamp Duty for City Square Residences

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 City Square Residences

Here’s the ABSD amount you are required to pay if you are an SC:

Property OwnershipABSD RateABSD Amount from Price $1,550,000
If City Square Residences is your second residential property12%$186,000
If City Square Residences is your third or subsequent residential property15%$232,000

ABSD for Singapore Permanent Resident when Buying City Square Residences

Here’s the ABSD amount you are required to pay if you are an SPR:

Property OwnershipABSD RateABSD Amount from Price $1,550,000
If City Square Residences is your first property5%$77,500
If City Square Residences is your second or subsequent residential property15%$232,500

ABSD for Foreigners when Buying City Square Residences

Here’s the ABSD amount you are required to pay if you are a foreigner:

Property OwnershipABSD RateABSD Amount from Price $1,550,000
Foreigners buying any property20%$310,000

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.

Buy your dream home at $0 agent fee!

Call 6886 9009 now!

Consult an expert for free!

Send us your details and we’ll be in touch within 15 min (daily 9am to 9pm GMT +8).

or

Contact us your way

Talk to us today. Available daily 9 AM to 9 PM (GMT +8)

Subscribe Now

Get a notification every time we upload a new blog post.

Enjoy seamless property transactions with our world-class real estate consultants!

Found your dream home?

Enjoy seamless property transactions with our world-class real estate consultants!

Found your dream home?

SHARE WITH YOUR FRIENDS!

Share on facebook
Share on twitter
Share on whatsapp
Share on email

Consult an expert for free!

Send us your details and we’ll be in touch within 15 min (daily 9am to 9pm GMT +8).

or

Featured Blogs

Highlighting unique property views for every Singaporean

get an agent

Sell with an Agent

Dedicated experts at your service

Documentation Services

Leave the paperwork to us

do it yourself

Prefer to do-it-yourself?

Check out how our platform can help

Post a Listing for Free

Download the app and connect with buyers

RESOURCES

Ohmyhome E-Valuation

Know the value of your property in seconds!

Calculate Seller’s Stamp Duty

Find the amount payable when selling

How to Sell an HDB

A step-by-step guide to selling HDB

How to Sell my Private Property

A step-by-step guide to selling condo/landed

OHMYHOME E-VALUATION