| Botanic Gardens View is a unique parcel
of land. This is often said, but in our case it's a reality.
There is literally nowhere else in Singapore (well, except our
sister condo Botanic Gardens Mansion across the road, but the two used
to be one, before Taman Serasi was a through road, so it doesn't
really count for this purpose) that has our advantages: we are in
District 10, across the road from the Botanic Gardens, five minutes
from Orchard Road, next to a major hospital and within easy reach of
public transport and shopping centres. As long as Singapore remains
Singapore, this plot of land will never lose its value.
The development itself is solid, freehold and has very large
apartments by modern standards. Given its age, it also has a certain
claim to be a representative historic estate in the Singapore context.
Thanks to responsible management over the last decade, it has been
properly maintained and kept up (and we intend to see that this
continues). No realistic price offered to us will take account of
these externalities.
Why should we practically give away somewhere that is both as nice
to live as this and a superb long-term investment? If it is taken from
us, the price will never make up for the loss of this location and it
will certainly never allow us to buy anything that equals what we have
now.
This is the last affordable development of this quality in the
Orchard Road/District 10 area and we must not lose it.
<< Back
|
