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The Botany At Dairy Farm
he Dairy Farm neighbourhood is surrounded by greenery. Nearby are nature parks including the Dairy Farm Nature Reserve, Bukit Timah Nature Reserve and Bukit Timah Hill. Chestnut Nature Park ? Singapore?s largest nature park ? is also near by, as are Zhenghua Nature Park, Bukit Batok Town Park and the 24km Rail Corridor.The Botany has five blocks of 9- to 15-storeys and a footprint covering 30% of the site area. Landscaping and condominium facilities comprise 70% of the site, including five pools, a tennis court and a ?grand clubhouse?. Within the clubhouse are a co-working space for working at home, a function room, a gym and an open terrace overlooking the swimming pool.
The developer has also incorporated private corners and open-air communal spaces within the landscaped area. There is also a parcel collection station, a dining facility for many who desire to entertain guests, and wellness areas. The development is at an eight to nine-minute walk of the Hillview MRT Station on the Downtown Line. From there, it is just two stops to Bukit Panjang MRT Station, a transport hub which includes the LRT station and bus interchange, and two stops from the future Beauty World integrated transport hub.
Direct buses to Orchard Road, Somerset area, Woodlands, Marine Parade and Eunos may also be available. Residents of The Botany will enjoy a complimentary shuttle bus service for a year to the Bukit Panjang integrated transport hub, which is associated with Hillion Mall. Produced by Sim Lian, Hillion Mall opened in 2017 and is section of a mixed-use development
Over the road from The Botany is the German European School Singapore. The campus opened in 2018 and has a student body of just one 1,800, representing 68 nationalities. Local primary schools inside a 1km radius include CHIJ (Our Lady Queen of Peace) and Bukit Panjang Primary School. Other schools nearby include Ngee Ann Polytechnic, Middleton International School, and St Francis Methodist School.
Given its location, The Botany is likely to interest both owner-occupiers and investors. The residential development has a mix of one-bedroom-plus-study to five-bedroom units.
The units at The Botany are designed ?with efficiency and liveability in mind?, notes Yip. The appeal of the two-bedders may be the dumbbell design and the fact that the kitchen could be enclosed. He adds that the common bedrooms for the two- to four-bedroom units can comfortably fit a queen-sized bed.
The last new condominium project in the Dairy Farm neighbourhood was Dairy Farm Residences next door to The Botany. All 460 units at Dairy Farm Residences were taken up within 21?24 months of its launch in November 2019. According to Botany at Dairy Farm lodged up to now, the average value achieved was $1,616 psf up to now.
Dairy Farm Residences is a 99-year leasehold, mixed-use development with a two-storey, 40,000 sq ft retail mall named Dairy Farm Mall. The mixed-use development is scheduled for completion by the finish of the year. Dairy Farm Mall will have a 10,000 sq ft FairPrice Finest supermarket, a childcare centre, cafes, and hair and nail spas. ?It?s just over the road and a two-minute walk from The Botany,? says Sim Lian?s Kuik.
Retail centres inside a short drive or MRT ride include HillV2 Mall, The Rail Mall, Junction 10, Hillion Mall and Bukit Panjang Plaza. Bukit Panjang Hawker Centre, Bukit Timah Wet Market and Food Centre, and Beauty World Centre may also be nearby, providing ?added convenience to home-owners
With Dairy Farm Residences entirely sold, there is absolutely no other supply of new homes in the vicinity, observes Yip. In accordance with Huttons Research, projects that obtained Temporary Occupation Permit (TOP) in 2022 saw prices increase by 20% from their initial launch. Huttons, therefore, projects the common value of Dairy Farm Residences to be ?around $1,940 psf? upon completion later this year.
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