The Topiary had a good launch and many units were snapped up. The most popular units that investors and home buyers were going for was the penthouses. Looking back, there are many reasons why The Topiary Executive Condominium (EC) was popular:
1) First EC in the area
The Topiary is the first EC in the Fernvale and Jalan Kayu district. It is surrounded by many landed properties on one side of the development. Because of that, the residents will be able to enjoy beautiful panoramic views all the way to the city. This could be one of the reasons why the penthouse units were selling fast.
2) Plenty of amenities
People who are unfamiliar with this area would probably think that it is very secluded and has no amenities. They are very wrong! In fact, Fernvale has developed a lot in the recent years. There is even a new mall called Greenwich V just a short walk away. There is also upcoming Seletar Mall and Water Town Point which will be ready in a few years. Currently, you have plenty of shopping, dining and entertainment options at Jalan Kayu Food Haven, Fernvale Point, Rivervale Plaza, Rivervale Mall, Compass Point, Hougang Mall, Hougang Plaza, Hougang Town Central and NEX Shopping Centre.
3) Near to Nature
If you are a nature lover, staying at The Topiary EC will be perfect for you. This development is near many parks and park connectors like Sengkang Riverside Park, Sungei Serangoon, Punggol Promenade, Punggol Waterway and the upcoming Singapore’s ninth nature reserve at Coney Island. You can take a stroll, go for a jog, have a picnic or cycle along the parks with your family and friends anytime.
4) High Investment Potential
The Topiary EC has a huge potential for capital gain because it is near Ang Mo Kio Industrial Parks, Sengkang Wafer Fabrication, Paya Lebar Industrial Park and the upcoming Seletar Aerospace Park where an estimated 10,000 jobs will be created for highly skilled and professional workers. Because of this, the development will be popular when it comes to sale and rent. When you have such high rental demand, you can expect a high rental yield as well.
Being an EC, you buy this property at a government public housing price. When it privatise in ten years, it will have prices comparable to private condominiums. As such, the upside potential for capital gain is very high.
You can almost expect a zero risk investment with everything to gain if you buy a unit at The Topiary. No wonder it was so popular when launched.