Goodwood Residence Review — Bukit Timah · D11
PI Score: 74/100 — Solid Choice!
Is Goodwood Residence a good buy?
PI Score rates Goodwood Residence 74/100 — a "Solid Choice!" verdict. That makes it a solid buy for buyers who prioritise a central, well-connected address and investors chasing a workable ~3.2% yield. Strongest card: Genuinely well-connected. Main watch-out: Value is the relative soft spot. Pricing is reasonable for the location at current market.
Last updated 2025-01-15 · scored against URA caveat data.
Key facts
- Verdict: Solid Choice!
- Region: Core Central Region
- Tenure: Freehold
- Completed: 2012
- Units: 210
- Developer: GuocoLand
- Avg PSF: ~$2,600 psf
- Price from: S$2.3M
What works in its favour
- Genuinely well-connected: Location scores 9/10 — 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 8/10 — sought-after primaries sit within the 1–2km band, the single most reliable source of durable family demand in Singapore.
- Entry price leaves room: Value scores 7/10 at ~$2,600 psf (entry from $2.3M) — you are not paying for the whole story upfront, which is where a margin of safety comes from.
- Rental demand supports ~3.2% gross: Rental scores 7/10 — tenants are findable in this pocket, so an investor is not underwriting long vacancy between leases.
What to watch out for
- Value is the relative soft spot: Value scores 7/10 — the lowest mark on an otherwise strong card. Nothing here is broken; it is simply the dimension with the least headroom, and the first thing to press on during due diligence.
Who Goodwood Residence suits
- Buyers who prioritise a central, well-connected address
- Yield investors — ~3.2% 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
Bukit Timah freehold, 210 units — you hold forever if you want. Steady lah, not flashy but won't trap you.
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