200 Braddell Road: A Comprehensive Guide to Living in the Heart of Singapore

200 Braddell Road, located in the vibrant district of Toa Payoh, offers an exceptional living experience for individuals and families seeking a blend of convenience, affordability, and tranquility. Here's a comprehensive guide to explore the benefits of this sought-after residential address:

Location and Accessibility

200 Braddell Road boasts an unbeatable location with easy access to key amenities and transportation hubs:

• Proximity to MRT Stations: Just a stone's throw away from Braddell MRT Station and within walking distance of Toa Payoh MRT Station, residents can seamlessly connect to the rest of Singapore via the North-South Line.
• Major Expressways: The development is strategically situated near the Central Expressway (CTE) and Pan Island Expressway (PIE), providing convenient access to the city center and surrounding areas by car.
• Vibrant Toa Payoh Town: The renowned Toa Payoh Central, known for its lively hawker center, shopping malls, and amenities, is just a short walk away.

Building Features and Amenities

200 Braddell Road comprises four 17-story residential towers, offering a total of 524 units ranging from 2-bedroom to 5-bedroom apartments. The development features an array of modern amenities for the comfort and well-being of its residents:

• Swimming Pool: Take a refreshing dip in the communal swimming pool to beat the heat or relax after a long day.
• Fitness Center: Stay active at the on-site fitness center, fully equipped with state-of-the-art cardio and weight training equipment.
• 24-Hour Security: Ensure peace of mind with 24-hour security and controlled access, providing a safe and secure living environment.
• Spacious Balconies: Most units boast spacious balconies, offering beautiful views of the surrounding greenery and cityscape.
• Function Room: Host gatherings and celebrations in the function room, designed for social events and community activities.

Value and Investment Potential

200 Braddell Road presents an attractive investment opportunity due to its strong location and growth potential. According to Savills Research, the Toa Payoh area has consistently recorded positive rental and capital appreciation over the past decade:

Tips and Tricks for Prospective Buyers

• Choose the Right Unit: Consider your lifestyle, budget, and space requirements when selecting a unit. Larger units with balconies and high floor levels typically command a premium.
• Negotiate Price: Don't hesitate to negotiate the price with the seller, especially in a competitive market. Be prepared to provide supporting evidence of recent transactions in the area.
• Secure a Mortgage: Obtain mortgage pre-approval from a reputable financial institution to demonstrate your financial capability and strengthen your offer.
• Engage a Property Agent: A licensed property agent can provide expert guidance throughout the buying process, ensuring a smooth and hassle-free transaction.

Common Mistakes to Avoid

• Overestimating Affordability: Determine your financial capacity realistically before making an offer to avoid overextending yourself financially.
• Neglecting Legal Due Diligence: Always engage a lawyer to review the sale and purchase agreement and ensure that all legal requirements are met.
• Ignoring Home Inspections: A home inspection can uncover potential issues with the property that could affect its value or habitability.
• Rushing the Process: Take your time to consider all aspects of the purchase decision and avoid making impulsive choices that could lead to regrets later on.

Frequently Asked Questions (FAQs)

1. Is 200 Braddell Road freehold or leasehold?
   - Leasehold, with a lease commencing from 1974 and expiring in 2103.

   

2. What is the maintenance fee for 200 Braddell Road?
   - Approximately $0.32 per square foot per month, subject to changes approved by the management council.

3. Are there car parking spaces available?
   - Yes, each unit comes with at least one car parking space.

   

4. What is the expected rental yield for a unit at 200 Braddell Road?
   - According to SRX, the average rental yield in Toa Payoh is approximately 3.0% to 3.5%.

5. Are there any upcoming developments or infrastructure improvements planned for the Toa Payoh area?
   - Yes, the Toa Payoh Town Centre is undergoing revitalization, which includes new residential and commercial developments, improved public spaces, and enhanced connectivity.

6. What are the schools and educational institutions located near 200 Braddell Road?
   - Pei Hwa Presbyterian Primary School
   - Pei Hwa Presbyterian Secondary School
   - St. Andrew's Junior School
   - Secondary One Toa Payoh

7. What are the major healthcare facilities nearby?
   - Tan Tock Seng Hospital
   - KK Women's and Children's Hospital

8. Are there any shopping malls or retail centers in the vicinity of 200 Braddell Road?
   - Toa Payoh Central
   - HDB Hub
   - Velocity@Novena Square

Conclusion

200 Braddell Road stands out as an exceptional residential address in Singapore, offering an optimal balance of convenience, affordability, and quality living. Its strategic location, modern amenities, and promising investment potential make it an attractive choice for homebuyers, investors, and families seeking a vibrant and fulfilling urban lifestyle. By following the tips and insights outlined in this guide, prospective buyers can make informed decisions and maximize the benefits of living in this sought-after neighborhood.

Tables

Table 1: Building Statistics

Table 2: Rental and Capital Appreciation Trends

Table 3: Educational Institutions and Healthcare Facilities