With 23,900.1 square metres of land, and 1,024 residential units, Sims Urban Oasis is the largest condominium in the vicinity and one of the largest in Singapore. There is a myriad of unique facilities, including two 50m pools, and a sky garden to admire the city skyline. This is in contrast to smaller apartments in the vicinity, with limited facilities.
This massive living space and facilities greatly improves the quality of living, and is the preferred home for long term home-stayers. Livability is extremely high, as compared to smaller apartments.
With a large choice of Single Suites, high-ceiling Double SOHO, dual-key Triple Clubs, and large Quad Residence, there is an ideal unit and layout for every individual, couple, or family.
Location Rentability and Capital Appreciation
With the commercial activities around, and with its proximity to CBD, rental demand is expected to be high. As Aljunied MRT is nearby, this will attract tenants and fetch higher rental prices.
The area is going through a process of gentrification, which means that there is shift towards wealthier residents and increasing property values. This is usually due to a development by the Government, which is the case here.
With James Cook University coming in 2015, there will be an increase of students, both local and foreign, with high spending power. This increases the businesses and causes prices to gradually rise.
There is also reports of increasing numbers of cafes opened in the vicinity due to the unique and flavourful location. The target audience is the young with high spending power.
As such, there is much capital appreciation potential in an area undergoing gentrification, and there is first-mover advantage for the investor who gets in before the prices rise.