Is Enchanté a Good Buy?

Photos courtesy of VictoryLand.

10 min read • by Home Central

Is Enchanté a Good Buy?

The prestigious landed enclave of District 11 is seeing a good selection of private residential developments in its area – one of them being the newly announced Enchanté, a freehold condominium project scheduled to TOP in mid 2024. With an abundance of housing to choose from in the core central region of Singapore, Enchanté gets an edge in terms of unit choices, location, and price point. Here’s why.

The Mix of Units Available

Built on 3 Evelyn Road, Enchanté comprises an exclusive 25 units fitted into two opposite facing stacks. A total of 6 different layouts are made available to buyers, which include:

  • 3 Bedroom Dual-Key
  • 3 Bedroom Duplex
  • 3 Bedroom plus Home Office (2 types),
  • 4 Bedroom plus Home Office, and
  • a 5 Bedroom Penthouse

Images courtesy of VictoryLand.

Their sizes and price points are as such.

Data courtesy of VictoryLand.

What’s eye-catching is the availability of a 3 bedroom dual-key unit – an extremely rare offering among the new private residential choices in District 11. Spanning 1087 square feet, this layout choice is perfect for small families or couples who wish to rent out the studio – a particularly good investment choice, especially when its location provides it with a high rental appeal to expats working in the Central Business District of Singapore.

Facilities

The usual variety of facilities can be found at Enchanté: lap pool, jacuzzi, fitness gymnasium, barbeque pit, and multi-purpose room. But unlike the usual offerings, the estate includes 6 unique sky gardens which can be found on every two levels of the estate.

Map and breakdown of facilities and residential units. Images courtesy of VictoryLand.

The sky gardens are all thematically named. Furry Friends’ Garden on Level 4 is designed as a dedicated play space for families and their pets; The Eden on Level 6, with dedicated walking paths and seats, offers a brief escape in nature; The Herbetum on Level 8 boasts its prized collection of herbs and spices for residents to explore; The Serenity on Level 10 is a paradise for productivity – the perfect work from home spot for busy individuals; The Vantage Point at Level 12 displays a breathtaking view of the city skyline among nature; and The Utopia on Level 14 is a designated space for rejuvenation and healing, where residents can choose to either unwind on their yoga mats, or relax their senses by taking a stroll through a pebble footpath.

Photos courtesy of VictoryLand.

Plus, all 6 sky gardens are directly linked to the apartments located on the designated floors, and are similar to a personal garden found only with landed units.

Amenities

Needless to say, the convenience of a District 11 home is nearly unmatched. At 3 Evelyn Road, Newton MRT station is a mere 6 minutes walk away, connected via the North South Line and Downtown Line. Traveling to town or the Central Business District is a breeze, with only 1 stop to Orchard MRT, 5 stops to Raffles Place MRT, and 6 stops to Marina Bay MRT.

A plethora of elite schools also dot the area, where Anglo-Chinese Primary, Anglo-Chinese School (Junior), Anglo-Chinese School (Barker Road), and St. Joseph Institution Junior are all within a 1km radius of the estate.

Map of Enchanté and nearby schools.

Enchanté’s plot is also located further from the roads and highway, promising more privacy and quiet from the hustle and bustle of the city’s traffic. Despite this, Enchanté is a mere walking distance to United Square Shopping Mall (less than 400m away) and Velocity@Novena Square (600m away), both of which include a wide selection of amenities to meet every need.

Price Analysis

We would say the best deals offered by Enchanté would be their 3 bedroom dual-key units and their price packages, which we will go into detail shortly.

The 3 bedder dual-key unit starts from $2.962M, translating to an attractive $2,724.93 per square foot. A nearby similar launch, Pullman Residences, recently transacted a 3 bedroom apartment for $2,949 per square foot last month, pricing it at over $3M. Enchanté, though the newest launch in the area, is competitively priced at slightly under $3M – an extremely rare price quantum for a brand new freehold 3 bedroom dual key unit in District 11.

Now to the real steal: the price packages. Enchanté offers the flexibility of purchase under one strata title with these 3 options: 

  • 3 Bedroom Dual-Key + 3 Bedroom and Home Office units from $5,621,000
  • 3 Bedroom Duplex + 4 Bedroom and Home Office units from $6,628,700, and the 
  • 5 Bedroom Penthouse + 4 Bedroom and Home Office units from $8,680,000
Price packages offered. Data courtesy of VictoryLand and PropNex.

Buyers not only get to own two units for the price of one, but also save on Additional Buyer Stamp Duty (ABSD). Units can be customised and merged for a bigger living space, and those who opt for the 3 bedroom dual-key + 3 bedroom and home office or penthouse package also get the entire level to themselves.

Images courtesy of VictoryLand.

Our Verdict

Quiet, family friendly layouts are hard to come by in Core Central Region properties, let alone freehold 3 bedroom dual-key units that are priced under $3M. The amazing selection of layouts alone are attractive to different buyer profiles, plus the convenience and proximity to elite schools Enchanté offers is unbeatable. It is a sure good buy for a unit in District 11, and we believe that units will be selling out fast – so make sure to register your interest quickly.

Want to learn more about this exciting development? Tune in to our YouTube channel on Saturday, 29th October, 10AM SGT to watch our full in-depth tour of the Enchanté showflat.

To arrange for an in-person viewing at their showflat on 31 Evans Road, contact Home Central at:
+65 9799 7955.

Visit Enchanté’s official website here: https://enchante.official-directdeveloper.com/

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