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Hedges Park Condominium @ Flora Drive: A Tranquil Oasis Near Changi Business Park

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Hedges Park Condominium, located along Flora Drive in District 17, is a 99-year leasehold condominium developed by Tripartite Developers Pte Limited. It comprises 501 residential units housed in 10 blocks. Lush greenery and water courtyards lend a peaceful atmosphere to this urban oasis. Find out what else this hidden gem in the west has to offer.

4 Reasons Why Hedges Park 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)
Hedges Park Condominium 99-year leasehold 2015 1-bedroom
2-bedroom
3-bedroom
4-bedroom
570
915
1,798
1,539
$944

Prospective homeowners have their choice of one-, two-, three-, or even four-bedroom units. Facilities at Hedges Park Condominium include a clubhouse (consisting of a gymnasium, two function rooms, barbecue facilities, and steam rooms), reflective pool, meditation pavilion, children’s pool, 50m lap pool, dip pool, spa pavilion, pool with spa seat, marina pool, beach pool, a treasure island with a flying fox, tennis court, basketball half-court, children’s playground, putting green, and more.

2. Accessibility, Amenities, and Recreational Spots

The nearest train station is Upper Changi MRT Station on the Downtown Line (DTL), which is a 12-minute bus ride away. From there, Changi Airport is just two stops away. This condominium is connected by not one but three major expressways (PIE, ECP, TPE), so getting around the island is a breeze. By car, you are minutes away from business and commercial clusters, reputable schools, amenities, and recreation options in the east.

Hedges Park Condominium is surrounded by multiple towns like Changi, Loyang, Simei, and Tampines. This means that you would be a short drive away from a plethora of dining and shopping options.. The wide range of shopping centres and entertainment avenues include Jewel Changi Airport, White Sands, Eastpoint Mall, White Sands, NTUC Downtown East, Century Square, Tampines 1, and Tampines Mall. The most popular recreational spot would be in Pasir Ris, where there is the beach, park, chalets, theme parks, a bowling alley, and a pet-friendly park.

3. Education, Employment, and Healthcare

Hedges Park Condominium is close to several schools and colleges. Within a 2-km radius, you can find White Sands Primary School, Dunman Secondary School, East Spring Secondary School, and Singapore University of Technology and Design. You will also be strategically located close to Changi Business Park (six-minute drive), Tampines Central (nine-minute drive) and Pasir Ris Wafer Fab Park (nine-minute drive) – which is going through an expansion – resulting in more jobs closer to home and an increase in potential tenants.

Need to see a doctor? The nearest hospitals are Changi General Hospital and St. Andrew’s Community Hospital, an 11-minute drive from Flora Drive.

4. Property Price and Future Developments

The price of a two-bedroom apartment (764 sqft) on Hedges Park Condominium’s low-level floor, in the past three years:

  • January to December 2017 – up to $740,000
  • January to December 2018 – up to $753,500
  • January to December 2019 – up to $788,000

Since 2017, property rental prices at Hedges Park Condominium have been increasing. We can foresee the price rising over the years, thanks to upcoming developments like the new Terminal 5, improved connectivity (Cross Island Line and Coastal Park Connector), bigger industrial hubs, more amenities, and recreational facilities.

Is Hedges Park Condominium 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 Hedges Park Condominium

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 Hedges Park Condominium

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 Hedges Park Condominium the price is at $788,000 which is reflective of the market value, your Buyer’s Stamp Duty (BSD) is $18,240.

Market Value of the Property BSD Rate Calculation
On the first $180k 1% $1,800
On the second $180k 2% $3,600
Next $428,000 3% $12,840
BSD Payable $18,240

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 Hedges Park Condominium

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 Hedges Park Condominium

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

Property Ownership ABSD Rate ABSD Amount from Price $788,000
If Hedges Park Condominium is your second residential property 12% $94,560
If Hedges Park Condominium is your third or subsequent residential property 15% $118,200

ABSD for Singapore Permanent Resident when Buying Hedges Park Condominium

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

Property Ownership ABSD Rate ABSD Amount from Price $788,000
If Hedges Park Condominium is your first property 5% $39,400
If Hedges Park Condominium is your second or subsequent residential property 15% $118,200

ABSD for Foreigners when Buying Hedges Park Condominium

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

Property Ownership ABSD Rate ABSD Amount from Price $788,000
Foreigners buying any property 20% $157,600

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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