Project Name: Haus on Handy
Location: Handy Road (Dhoby Ghaut area)
Developer: CDL Regulus
Type of development/Tenure: Private condominium/99-year leasehold
District/Planning Area: D9/Museum
Completion: 2023
Units/mix: 188/1-3 bedrooms (420-980 sq ft)
Storeys: 9 and 12
Towers: 2
Sold price average S$2,690 psf
Take-up rate (as of July 2021): 21%
Average quantum: $1,314,662
The Dhoby Ghaut vicinity has not seen new developments for a while now, making Haus on Handy a welcome addition to the area.
Moreover, this project by a unit of property giant City Developments is likely to be the last new launch in this locale for years to come given that it will sit on the last available piece of land, approximately 4,800 square metres in size, in the neighbourhood.
So, to those who have been waiting for the opportunity to buy into this portion of upmarket District 9, perhaps now is the time.
As is the case for most Singapore condos, Haus on Handy will come with full facilities, including a guard house, a garden rooftop, function room, gym, swimming pool, among others.
One amenity that is unique to the development, however, is a conserved heritage building – a colonial bungalow – attached to the property site that is slated to be used as a clubhouse for residents.
Comparison against similar D9 projects
It’s not the cheapest in this area but D9 buyers aren’t likely to be intimidated by price tags, especially if convenience is a consideration when looking into this district.
For context, prices of private property in Singapore have been rising, with the overall price index up by 3.3 per cent in the first three months of the year compared to 2.1 per cent during the prior quarter.
The increase came despite the continuing COVID-19 situation worldwide. Strong local demand and the reappearance of foreign investors have been cited as the reasons behind the rise.
Some reasons why this development may appeal to singles and couples
There are three things to highlight:
1. Orchard Road location
City dwellers and investors, most likely singles or couples, will find this development appealing, despite the small unit sizes. Why? Because it fulfils three of the most significant factors that affect a home’s value: location, location and location.
District 9 (D9) has always been regarded as the best-of-the-best in Singapore real estate, the crown jewel.
Orchard Road, Singapore’s world-famous luxury shopping destination, is in this district, tempting tourists and avid shoppers to town with its malls (at least 25 ), food, drink and entertainment options in a 2.5-kilometre stretch of retail therapy.
But aside from its commercial cache, D9 is also an upscale residential location favoured by expatriate corporate executives and local movers and shakers for its central location, accessibility and luxurious condo choices.
Haus on Handy will be at the eastern end of Orchard Road, between Plaza Singapura and The Cathay.
A 10-minute walk in the opposite direction of Orchard Road is Prinsep Street where more dine-and-drink choices await.
Further afield in the same direction is CHIJMES, a historic building complex which began life as a Catholic convent. The complex was restored in 1996 for commercial purposes and is now another dining, shopping and entertainment spot with ethnic restaurants, shops and a function hall. (Fun fact: The wedding scene in Crazy Rich Asians took place at CHIJMES Hall.)
Condo owners of Haus on Handy can also look forward to their proximity to an esteemed neighbour: The Istana, which is the official residence and office of the President of Singapore.
2. Connectivity
Haus on Handy scores high in connectivity, with Singapore’s reliable public transport at its doorstep.
Dhoby Ghaut MRT station is four minutes away on foot. Currently, there is no sheltered access to get to the station from the development, but that may change in the future.
This underground interchange station is the only triple-line interchange (North South Line, North East Line and Circle Line) so far in Singapore. (Fun fact: It is one of the deepest stations in Singapore with five basement levels.)
The Central Business District and Marina Bay Integrated Resort are minutes away.
For drivers, Haus on Handy has easy access to major highways Central Expressway, Pan Island Expressway and East Coast Park.
3. The institutions around this location
Finally, this property’s location means healthcare, learning and art centres are nearby.
World class medical care
Medical care is nearby in such world class facilities as Gleneagles Hospital and Mount Elizabeth Medical Centre.
Art-related institutions
Haus on Handy is right in the heart of Singapore’s Education, Arts & Cultural District, which means proximity to museums and art schools.
Museums
- Singapore Art Museum
- National Museum of Singapore
Art Schools
- LASALLE College of the Arts
- Nanyang Academy of Fine Arts (NAFA)
- School of the Arts (SOTA)
Other learning institutions
- St Margaret’s Primary School
- Anglo-Chinese School (Junior)
- Singapore Management University – School of Law
- SMU Lee Kong Chian School of Business
- SMU School of Accountancy
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Frequently Asked Questions About Haus on Handy
Who is the developer of Haus on Handy?
The City Developments group is the developer behind Haus on Handy. They are the same group behind Amber Park, St Regis Residences and One Shenton, among many others. The group also fully owns The Millennium and Copthorne Hotels, a prominent hotel management group.
What is the selling price of Haus on Handy?
Based on recent sale transactions, the average selling price in this development is $2,690 per square foot.
When will Haus on Handy obtain its Temporary Occupation Permit (TOP)?
The TOP is expected in 2023.
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