Seamlessly integrating layered greenery and spatial zones across diverse tiers, The Orie presents about 40 Life style services with unique Areas like Club Orie, which houses a grand operate place, gymnasium and viewing deck.

Nonetheless, pricing doesn’t exist in a vacuum. The Orie is situated in Toa Payoh, an estate primarily made up of HDBs. This could suggest that consumers here are much more price-sensitive, as HDB upgraders are likely to form the core viewers.

At a mean price of $two,600 psf, The Orie provides a more functional layout for around $200k more than Gem Residences, making it a powerful option. Nevertheless, a downside is The dearth of purely natural air flow, something Gem Residences provides, even though this is usually the situation with extra compact layouts.

With its unique origami-motivated architectural style and design and polished interiors, The Orie features the best Mix of contemporary sophistication in the charms with the beloved Toa Payoh neighbourhood.

In 2024, practically 60% of purchasers at Gem Residences are HDB upgraders, highlighting that a lot of of Those people trying to get something new in the region probable come from HDB flats. Combined with the confined offer, this positions The Orie to capitalise on need from HDB upgraders nearby.

In the last a few many years, only 341 units have been marketed in Toa Payoh, averaging just 114 units each year. For the people seeking to update to personal residence or shift throughout the region, this signifies a relatively modest range, possible constrained from the restricted supply.

However, in case you’re in the marketplace for a different start today, below’s a snapshot of what’s available.

The launch prices of three-room BTO flats in the newest Bidadari projects that recently MOP ranged from $297k to $385k. A short while ago, a superior-floor unit in the area bought for a powerful $900k, however this is likely an exception due to its primary location, with very likely park views.

Having said that, pricing continues to be an important factor. Whilst Trevista includes a transaction volume much like Gem Residences, only 30% of its buyers are upgraders. This is likely driven by Trevista’s greater price points, which we’ll explore additional under.

One way to gauge the prospective good results or issues for that Orie is by analyzing the efficiency of Gem Residences, provided the equivalent supply dynamics at some time of its start.

The unit lacks the mandatory capabilities of an average triple important, and its overall configuration isn’t simple for some households. It may demonstrate why it’s priced substantially reduce—nearly $1 million below other related Qualities.

Depart comment sixteen min read We lately shared our evaluation from the Orie, and now we’re diving deeper into its pricing. Right here’s a detailed breakdown of the indicative prices for this new start, coupled with an Assessment of the way it compares at its existing price level.

Given that very first writing for Stacked, Matt has built his initially residence purchase and carries on to appreciate the evolving tendencies of these days’s sector. In his free time, Matt goes on walks and writes about (more) housing on his private Instagram page @propertyzaikia

One of many key downsides of Gem Residences is its enormous AC ledge, meaning the layout isn’t as significant as the scale might advise. In particular, the 947 sq ft unit feels tight as the dwelling and dining areas Nearly spill into the hallway, and the massive balcony further more eats into your Place.

Among the list of listings is for the 484 sq ft unit priced at all over $928k, that's substantially reduced compared to prices with the Orie. Whilst the scale variation is notable Orie Condo Showflat (as Gem Residences incorporates the AC ledge as Portion of its space, staying a pre-harmonisation advancement), the price remains about $400k a lot less than the starting up prices at The Orie.

On top of that, we can easily analyse the proportion of HDB upgraders throughout distinct parts of Singapore by inspecting purchaser address facts determined by planning places: