The Botany at Dairy Farm
One-bedroom apartments started at $988,000. Two-bedroom apartments started at $1.188 million.
The Botany at Dairy Farm by Sim Lian Group was formally launched for sale on March 4, 2023, and 187 units were sold within the first weekend.
To be honest, I can’t wrap my head around that.
For the average homebuyers or investors, it’s shockingly easy for them get into the hype of any new launch projects in Singapore.
Especially during the pre-launch or preview stage, when they get overwhelmed by the amount of other prospective buyers they see at the showflat.
As a result, it produces a FOMO effect, leading people to believe that this is a fantastic property to purchase.
Let’s be honest. In most circumstances, no salesperson you met at that showflat will tell you it’s a terrible investment.
In addition, you’ll be bombarded with data and numbers that assist them rationalise why this is a property you shouldn’t pass up.
And if you’ve seen Botany, the most common sales pitch you could have heard is that this is the market’s lowest-priced new launch project (as of March 2023).
Is that really true?
With the most recent 460-unit Dairy Farm Residences (just next to the Botany) being fully sold last year in 2022, you would probably be sold by the FOMO effect.
But did you know that the Dairy Farm Residences only sold 20 apartments in its first month of launch, in November 2019?
Around then, the average per square foot (psf) price for units sold was $1,563.
And today, The Botany at Dairy Farm has sold 9 times as many units as what Dairy Farm Residences has sold during initial launch.
How is this possible? Is The Botany at Dairy Farm a wise purchase in today’s market?
Here are my thoughts on it.
Before we go into the review, here is a quick overview of this new condominium at Dairy Farm.
|Project Name||The Botany at Dairy Farm|
|Address||Dairy Farm Walk|
|Developer||Sim Lian Group|
|Site area||~168,597 sq ft|
|Total number of units||386|
|Total number of parking lots||386 (including 4 EV-charging lots) plus 5 accessible parking lots)|
|Number of blocks||5 blocks|
|Number of storey||9 to 15-storey|
|Expected TOP date||End 2027|
This new launch condo at Dairy Farm is located along Dairy Farm Walk. It’s adjacent to both Dairy Farm Residences and German European School Singapore (GESS).
For those who are unfamiliar with Bukit Panjang, Dairy Farm is just one of 7 subzones of this massive housing estate.
Also, a lot of changes and improvements have been made to the estate over the last 20 years.
Here are some of the key features of this new residential project.
Within close proximity to Hillview MRT station
Most homebuyers and investors probably care most about how convenient and easy it is to get to The Botany at Dairy Farm condo.
Hillview MRT station (DT3) is the nearest MRT station to the development. It is located along Singapore’s Downtown MRT Line (DTL).
The station is around 900 metres away and should take about 10 minutes to walk.
Along the DTL, there are a number of interchange stations where commuters can easily switch to any other train line in the network.
So, it wouldn’t take more than 30 minutes on the train to get to most places of interest or the heart of downtown Singapore.
Botanic Gardens, for example, is only 5 stations away, while Orchard is only 9 stops.
Surrounded by various malls and amenities
Bukit Panjang, as previously said, is a rather large housing estate.
It contains an excellent mix of modern and old public housing, as well as private residential.
Like all other similar estates of this size in Singapore, there will undoubtedly be one or two ‘heartland’ shopping malls within them.
Bukit Panjang Plaza is one of the neighbourhood’s oldest shopping complexes and the newest Hillion Mall is located diagonally across the street.
These two malls comprise a variety of well-known retail outlets, eateries, and grocery marts.
If you live at The Botany at Dairy Farm, there are several reasons to visit these two shopping malls.
Above all, it aids in the fulfilment of your everyday basics and shopping demands.
However, if you do not wish to travel out, there will also be amenities and possibly a supermarket right at the 1st level of Dairy Farm Residences that’s just across the road.
Nature lovers’ favourite spot
We’re all aware that Singapore is a concrete jungle.
Yet, unlike other of the world’s largest cities, Singapore has made an attempt to implement conservation programmes.
Since most parks and gardens are man-made, Singapore has just 4 natural reserves.
The Bukit Timah Nature Reserve is one of them.
As a result, living at The Botany at Dairy Farm would be a huge benefit for nature enthusiasts.
The Dairy Farm Nature Park is close to the development and leads to the Bukit Timah Nature Reserve.
In summary, if you enjoy spending time in nature with your family or friends, the location of this condominium would be ideal.
Floor Plans and Unit Types
The Botany at Dairy Farm condominium comprises 386 units, across 5 residential blocks in total.
Here are the available units types and the floor plan for each of them.
- 1-Bedroom + Study (506 – 710 sqft)
- 2-Bedroom (603 – 743 sqft)
- 2-Bedroom Premium (678 – 829 sqft)
- 2-Bedroom + Study (743 – 904 sqft)
- 3-Bedroom (883 – 1,098 sqft)
- 3-Bedroom Premium (1,033 – 1,238 sqft)
- 3-Bedroom Flexi (1,033 – 1,216 sqft)
- 3-Bedroom + Study (1,076 – 1,281 sqft)
- 4-Bedroom (1,270 – 1,518 sqft)
- 5-Bedroom (1,539 – 1,765 sqft)
Units available for sale and price
More to follow ..