Video description from @propertylimbrothers
Melvin Lim and Grayce Tan from PropertyLimBrothers are at The Draycott, a freehold residential development in District 10, comprising three 34-storey towers completed in the 1980s. Situated on a 160,000 sq ft land plot with a low density of 132 units, the project is located within the Ardmore Park enclave. The unit presented is a 2,637 sq ft 4-bed, 3-bath residence in Stack 3, distinguished by a circular floor plan that allows for 270-degree panoramic views and natural cross-ventilation.
From a market perspective, the CCR region currently demonstrates a pricing disparity compared to recent OCR and RCR trends. With new 99-year leasehold launches in District 10 transacting above $3,500 PSF, this unit, at $2,300 PSF, creates a significant value arbitrage. This presents a deep value play where the land value and freehold tenure provide a hedge against lease decay.
Facilities include a swimming pool, clubhouse, BBQ pits, and recently upgraded EV charging lots, maintained by a robust sinking fund with competitive monthly fees. The site is in proximity to the Orchard Road transformation belt and educational institutions such as ACS and SCGS. The combination of the large floor plate, freehold tenure, and entry price relative to surrounding new launches establishes The Draycott as a key reference point for value analysis in the luxury resale market.
00:00 Intro
00:43 Project Facts
01:35 Compare with nearby developments
02:47 Land Value of 99 Years & Freehold Properties
03:27 Land Size Density Effect
04:23 Parent's Attraction Effect
04:50 District Disparity Effect
05:32 Comparison of PSF
06:05 PSF Appreciation
06:28 Maintenance Fee
06:43 Facilities
07:32 Living Room
07:46 Floorplan
07:59 Dining
09:01 Master Bedroom
10:09 Common Bedroom 3
10:35 Common Bedroom 2
11:29 Foyer
11:39 Powder Room
12:12 Quantum Effect
13:11 Rental Demand
13:39 Comparing of Draycott & CCR Price Quantum
14:35 Common Bedroom 4
15:08 Kitchen
16:36 Yard
17:29 Wrap Up & Contacts
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Disclaimer:
The information, images, and suggestions presented in this video, including but not limited to 3D visualizations, potential renovations, additions and alterations (A&A), and rebuilding possibilities, are intended for illustrative and inspirational purposes only.
These conceptual ideas are based on architectural and design recommendations and are meant to showcase the potential of the property. They do not constitute a definitive representation of the final outcome. All plans for renovation, A&A, or rebuilding are subject to the final buyer's own requirements, preferences, and independent decisions.
The implementation of any design or construction is contingent upon detailed site surveys, precise measurements, and the formal approval of the Building and Construction Authority (BCA) and other relevant government authorities in Singapore. Buyers are responsible for appointing their own architects and consultants to verify all information and to ensure compliance with all applicable regulations and guidelines.