Bartley Residences

Here’s a quick overview of the project:

• Land size: 237,819 square feet

• Located in District 19, within the OCR

• TOP in 2015

• 99-year lease starting from 29 Jun 2011

• Total of 702 units

In terms of connectivity, the project is about:

• 0.3 km to Bartley MRT on the Circle Line (Fully sheltered walk way from side gate to MRT exit B)

For families, there are several primary schools nearby:

• Cedar Primary School

• Maris Stella High School (Primary)

• Paya Lebar Methodist Girls' School

Now let’s talk about the PROs:

First, project is not only close to Bartley MRT Station, there is a sheltered walk way to MRT exit B, you practically don't need an umbrella, which is a big plus. Secondly, due to the HDB estate opposite (Bidadari estate), there are plenty of amenities like supermarkets and eateries are all within easy reach. What's more, you can even walk to Woodleigh Mall and Bidadari Park!

Of course, no project is perfect.

Let's see what are the CONs:

One downside is that part of the project is located along Bartley road, so there will be some traffic noise. If you prefer a quieter facing, you need to look for inner facing units or units facing lor How sun. With these 2 different facings, the psf disparity is usually quite big.

Now that we have a good overview of the project, lets dive into the more critical aspect - rentability and resale possibility.

Rentability:

Based on experience, the rentability here is strong. The tenant pool typically includes working professionals, students, and families—especially those looking to be near primary schools.

Base on transactions from URA, there’s an average of about 13 units rented out each month over the past year. That is a whopping average of 156 units being tenanted! The psf per month rental is between $3.10 to $8.30, averaging $5.70 psf.

Resale:

From a resale perspective, pricing is still relatively attractive, with an average of about $1,790 per square foot, based on URA data over the past 12 months.

Now let’s look at the numbers. For sales, there were 40 transactions in the same period, which is a healthy level of activity. All these transactions were profitable.

With the above details, hope that this post will help you when making decision on your purchase.

Still not convinced? Bartley Residences scores an overall of 75% with our Navis Atlas AI app. DM me for the full copy today!

Happy House Hunting!

*Details correct as of date of posting