Blossom Residences EC Review — Hillview / Bukit Panjang / Bukit Batok · D23
PI Score: 63/100 — Good
Is Blossom Residences EC a good buy?
PI Score rates Blossom Residences EC 63/100 — a "Good" verdict. That makes it a conditional buy for value-focused buyers comfortable with the location tradeoff and investors chasing a workable ~5.3% yield. Strongest card: Rental demand supports ~5.3% gross. Main watch-out: Plan a patient exit. Pricing is reasonable for the location at current market.
Last updated 2025-01-15 · scored against URA caveat data.
Key facts
- Verdict: Good
- Region: Outside Central Region
- Tenure: 99-yr leasehold
- Avg PSF: ~$1,269 psf
- Price from: S$1.21M
What works in its favour
- Rental demand supports ~5.3% gross: Rental scores 9/10 — tenants are findable in this pocket, so an investor is not underwriting long vacancy between leases.
- Entry price leaves room: Value scores 8/10 at ~$1,269 psf (entry from $1.21M) — you are not paying for the whole story upfront, which is where a margin of safety comes from.
- Genuinely well-connected: Location scores 7/10 — MRT and daily amenities are within practical reach, which is what keeps both tenant demand and the resale pool deep.
- Inside the school-belt draw: Schools score 7/10 — sought-after primaries sit within the 1–2km band, the single most reliable source of durable family demand in Singapore.
What to watch out for
- Plan a patient exit: Exit scores 6/10 — a thinner resale pool means fewer comparables and a longer runway to sell. Budget five to eight years minimum.
- Growth is incremental, not catalytic: Growth scores 6/10 — the thesis here is stability rather than transformation, so expect the area to track the market rather than lead it.
Who Blossom Residences EC suits
- Value-focused buyers comfortable with the location tradeoff
- Yield investors — ~5.3% gross is workable; favour larger unit types
- Buyers who value a stable, established neighbourhood over speculative upside
Who should look elsewhere
- Buyers hunting deep relative value — the market has already priced in most of the story
- Short-term flippers — stamp duty + agent fees demand a 5-year minimum hold
- Buyers wanting a guaranteed top-tier primary within 1km walking distance
Huat Kueh says
~$1,269 psf for D23 Hillview / Bukit Panjang / Bukit Batok — entry still sensible. Not a yes, not a no — depends on your timeline lah.
Nearby condo reviews
- Chestervale EC — Hillview / Bukit Panjang / Bukit Batok · D23 (1.4 km away)
- Hillion Residences — Hillview / Bukit Panjang / Bukit Batok · D23 (1.4 km away)
- The Tennery — Bukit Timah Road · D21 (1.5 km away)
- Maysprings — Hillview / Bukit Panjang / Bukit Batok · D23 (1.5 km away)
- Hazel Park — Choa Chu Kang · D23 (1.9 km away)
- The Myst — Bukit Panjang · D23 (1.9 km away)