D’Nest, located at Pasir Ris Grove in District 18, is a 99-year leasehold condominium developed by joint developers, Hong Realty (Private) Limited, City Developments Limited & Hong Leong Holdings Limited. It comprises 912 residential units, 76% of them were sold in the first two months. One of the best perks of living in D’Nest is definitely the fact that it’s walking distance to the train station and malls. Find out more about what this property has to offer.
4 Reasons Why D’Nest Is an Ideal Home:
1. Specifications and Perks for Own Stay
Project Name | Tenure | TOP | Unit Type (up to) | Size in sqft (up to) | Average Price PSF (up to) |
---|---|---|---|---|---|
D’Nest | 99-year leasehold | 2015 | 1-bedroom 2-bedroom 3-bedroom 4-bedroom 5-bedroom | 570 775 1,195 1,636 2,739 | $1,313 |
D’Nest offers a range of units, from one-bedroom units, five-bedroom units with dual-key layouts, and penthouses, ideal for any type of buyer. Each unit has quality finishes and smart storage features. Solar panels are installed at the roof to help supply electricity for common areas.
This development has not one but three clubhouses with more than 50 facilities to fit a wide range of preferences. There’s an art studio, aqua gym, a projection studio, gymnasium, jamming studio, karaoke studios, sky terraces, barbeque decks, kid’s water play pool, 50m lap pool, skating rink, tennis courts, kid’s cross training area, and more!
2. Accessibility, Amenities and Recreational Spots
Accessibility is seamless as D’Nest is a six-minute walk (450m away) from Pasir Ris MRT Station, which is on the East-West Line (EWL). The development is connected via major roads and expressways, so you can reach any place in the city easily. It would take you about 25 minutes’ drive or less via the Pan Island Expressway (PIE) to reach the Central Business District (CBD) and Orchard Road.
You can find shopping centres like White Sands and Elias Mall around the corner. Other nearby malls include Loyang Point, Pasir Ris West Plaza, and E!Hub. Enjoy the great outdoors at Pasir Ris Park and Beach, and Wild Wild Wet. NTUC Downtown East offers even more recreational options such as chalets, theme parks, a bowling alley, and a pet-friendly park. There’s also a sports and recreation centre with a swimming pool, sports hall (mainly for badminton), street soccer court, and a gym.
3. Education, Employment, and Healthcare
There are two primary schools within a kilometre of D’Nest: Elias Park Primary School (290m) and Park View Primary School (750m). For expat families, there are three international schools within a short drive: United World College Of South East Asia (East) (2.09 km), One World International School (4.01 km), and NPS International School (5.47 km).
There are 12 clinics in Pasir Ris. The nearest hospitals to D’Nest are Changi General Hospital and St. Andrew’s Community Hospital, a 15-minute drive from Pasir Ris Central. Future developments include the expansion of industrial areas such as Pasir Ris Wafer Fab Park, resulting in more jobs closer to home.The area will also have a new healthcare institution: a new polyclinic in Pasir Ris Town Centre.
4. Property Price and Future Developments
The price of D’Nest’s three-bedroom unit (969 sqft, mid-level floor) in the past two years:
- January to December 2018 – up to $1,000,000
- January to December 2019 – up to $1,070,000
Since 2018, property prices at D’Nest have been increasing. We can foresee the price rising over the years, thanks to upcoming developments like new amenities, community spaces, improved connectivity, industrial hubs, and recreational facilities.
Love what D’Nest 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 D’Nest
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 D’Nest
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 D’Nest the price is at $1,070,000 which is reflective of the market value, your Buyer’s Stamp Duty (BSD) is $27,400.
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 $70,000 | 4% | $2,800 |
BSD Payable | $27,400 |
Source: IRAS
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Additional Buyer’s Stamp Duty for D’Nest
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 D’Nest
Here’s the ABSD amount you are required to pay if you are an SC:
Property Ownership | ABSD Rate | ABSD Amount from Price $1,070,000 |
---|---|---|
If D’Nest is your second residential property | 12% | $128,400 |
If D’Nest is your third or subsequent residential property | 15% | $160,500 |
ABSD for Singapore Permanent Resident when Buying D’Nest
Here’s the ABSD amount you are required to pay if you are an SPR:
Property Ownership | ABSD Rate | ABSD Amount from Price $1,070,000 |
---|---|---|
If D’Nest is your first property | 5% | $53,500 |
If D’Nest is your second or subsequent residential property | 15% | $160,500 |
ABSD for Foreigners when Buying D’Nest
Here’s the ABSD amount you are required to pay if you are a foreigner:
Property Ownership | ABSD Rate | ABSD Amount from Price $1,070,000 |
---|---|---|
Foreigners buying any property | 20% | $214,000 |
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.
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