The Quartz, located at Sengkang in District 19, is a 99-year leasehold condominium developed by GuocoLand Limited. It comprises 625 residential units across nine 17-, 18- and 19-storey towers. Not only is this property close to the train station, it offers an impressive range of facilities and unrivaled accessibility. Let’s discover more!
4 Reasons Why The Quartz 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) |
|---|---|---|---|---|---|
| The Quartz | 99-year leasehold | 2010 | 3-bedroom | 1,033 – 1,518 | $1,066.33 |
The Quartz comes with three-bedroom apartments of different sizes, making it appealing for families. The largest apartment is quite spacious at 1,518 sqft. But you won’t need to stay indoors all the time. Work out with a view at the unique sky terrace and landscaped decks with fitness club, yoga corner, and outdoor gym.
Want to take a dip with your kids? You have a choice of four pools: a classic swimming pool, spa pool, bubble pool, and children’s pool. Fancy a friendly tennis match? There are two courts at your disposal. Throw memorable events for your loved ones at the floating clubhouse.
2. Accessibility and Amenities
The nearest train station is Buangkok MRT Station on the North East Line (NEL), which is a five-minute walk away. The Quartz is accessible via Punggol Road and Upper Serangoon Road. It would take you about 18 minutes to drive to the Central Business District (CBD) and 15 minutes to Orchard Road.
A myriad of amenities are available near The Quartz, from shopping malls (Compass Point, Hougang Green, Hougang Mall, Rivervale Mall, NEX Shopping Mall) to food establishments (Kovan 209 Food Centre, Chomp Chomp Food Centre, Punggol East Container Park). These offer plenty of options for your dinner or shopping plans.
Relish what nature has to offer at Punggol Park while you jog or stroll around the 5-hectare pond in the park. Feeling adventurous? Venture beyond the park and explore the scenic views of Lorong Halus Wetland and Sengkang Riverside Park through the North Eastern Riverine Loop.
3. Education and Healthcare
Parents can choose from several schools within walking distance of The Quartz. They are Punggol Primary School (256m), North Vista Primary School (318m), and Palm View Primary School (489m). Other schools within the vicinity are Pei Hwa Secondary School, Nan Chiau Primary School, Nan Chiau High School, Anchor Green Primary School, Compassvale Primary School, Compassvale Secondary School, and CHIJ St. Joseph Convent School.
Healthcare institutions such as Bright Vision Hospital, Sengkang General and Community Hospital, Mount Alvernia Hospital, and Tan Tock Seng Hospital are less than 15 minutes’ drive away from the condominium.
4. Property Price and Future Developments
The price of The Quartz’s three-bedroom unit (1,141 sqft) high-level floor, in the past three years:
- January to December 2017 – up to $1,070,000
- January to December 2018 – up to $1,095,000
- January to December 2019 – up to $1,115,000
Since 2017, property rental prices at The Quartz 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.
Is The Quartz 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 The Quartz
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 The Quartz
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 The Quartz the price is at $1,115,000 which is reflective of the market value, your Buyer’s Stamp Duty (BSD) is $29,200.
| 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 $115,000 | 4% | $4,600 |
| BSD Payable | $29,200 | |
Source: IRAS
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Additional Buyer’s Stamp Duty for The Quartz
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 The Quartz
Here’s the ABSD amount you are required to pay if you are an SC:
| Property Ownership | ABSD Rate | ABSD Amount from Price $1,115,000 |
|---|---|---|
| If The Quartz is your second residential property | 12% | $133,800 |
| If The Quartz is your third or subsequent residential property | 15% | $167,250 |
ABSD for Singapore Permanent Resident when Buying The Quartz
Here’s the ABSD amount you are required to pay if you are an SPR:
| Property Ownership | ABSD Rate | ABSD Amount from Price $1,115,000 |
|---|---|---|
| If The Quartz is your first property | 5% | $55,750 |
| If The Quartz is your second or subsequent residential property | 15% | $167,250 |
ABSD for Foreigners when Buying The Quartz
Here’s the ABSD amount you are required to pay if you are a foreigner:
| Property Ownership | ABSD Rate | ABSD Amount from Price $1,115,000 |
|---|---|---|
| Foreigners buying any property | 20% | $223,000 |
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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