An under-appreciated freehold gem in a prime location
The Atelier is a very rare and exclusive FH project of good-size; an iconic luxury boutique condominium. Ultra-efficient use of space, offering pragmatic layouts offering the flexibility of own stay or rental. Conveniently located with walkable (9 min) access to Newton MRT. Unrivalled connectivity to Orchard Road, Downtown Core and education belt along Bukit Timah Road.
It is a bit of a conundrum as to why a freehold luxury development priced so affordably is still available after being launched for more than a year. Nearest comparable freehold projects Pullman and Perfect Ten have been moving a little faster, albeit still slower that expected considering the supply constraint that has been well publicised. A key reason is likely that some of the eligible buyers for such lux projects have been attracted to the hype and launch of the iconic Canninghill Piers which was sold at record prices.
Now that is out of the way. In addition to the all-time lower supply in the core central region, the true value of freehold gems like The Atelier will shine through.
In a nutshell, pricing is very competitive and it is almost a no-brainer if one is on the lookout for a quality investment property for the long term. Freehold, prime district, reputable developer, efficient layout, connectivity, education; it checks every box for me.
