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Gardenvista is a 318-unit 99-year leasehold project that was built in 2006. There’s quite a bit of local history tied to this site: Gardenvista sits on the location of the former Yeo Hiap Seng factory (the same one that makes the drinks), and this site was once zoned for industrial use.
In the 1990s, Far East Organization became a major shareholder in Yeo’s. When the drinks factory moved to Senoko in 1998 and the land was rezoned for residential use, it made sense for Far East to develop a new condo here.
From its inception, it was clear that Gardenvista would appeal to nature lovers who enjoy Bukit Timah’s greenery. That’s not to say it’s inconvenient (it’s across the street from Bukit Timah Plaza), but it is on the quiet side.
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Ryan J. Ong
A seasoned content strategist with over 17 years in the real estate and financial journalism sectors, Ryan has built a reputation for transforming complex industry jargon into accessible knowledge. With a track record of writing and editing for leading financial platforms and publications, Ryan's expertise has been recognised across various media outlets. His role as a former content editor for 99.co and a co-host for CNA 938's Open House programme underscores his commitment to providing valuable insights into the property market.
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1 Comments
How do you see Gardenvista’s price growth for the next 3-5 years? Will the lease decay be a headwind?