The Museum planning area encompasses some very prime location in the Central Region of Singapore. Museum sits between the Orchard area and the Downtown Core areas, and it’s home to a ton of historical buildings and national monuments. While there aren’t any HDBs in this area, there are some apartments that reside on the small amount of land zoned for residential use.
Up-scale, luxury condominiums dominant
Museum might not be a large area, but it’s definitely considered a big part of the city center. There are some really interesting developments in this area that deserve a good look, and we’ll start with Haus on Handy.
Haus on Handy condo
Haus on Handy is a CDL-developed, 99-year leasehold luxury condominium built along Handy Road. Slated for completion in 2023, the developer intends to build 3 residential towers, will have a basement carpark, and up to 200 units. The development will have the requisite pools, decks, amphitheatre and clubhouse. This is a great location, and the prices reflect that.
Garden in Haus on Handy condo
Prices start at $1.16 million and top out at $2.98 million. Hefty prices, but being 5 minutes away from CBD and right at the start of the Orchard Shopping Belt might be worth the price.
If you’re looking for a slightly quieter location, The Imperial is an interesting location to look at near the River Valley side of Museum. The freehold, 187 unit Capitaland development on Jalan Rumbia is one of those incredibly rare city freehold developments.
Fort Canning MRT entrance. Picture: iProperty
The Imperial is premium in location, with Fort Canning MRT just 6 minutes away by foot, a stone’s throw from Robertson Quay and a short distance from Clarke Quay. That means it’s a short, 5-minute drive into the CBD as well. Both the freehold nature of the development, as well as the proximity to the CBD, contribute to the sky high cost of units in this development. The most recent transaction is a 2 bedroom, 980 sq ft unit that was sold for $2 million. That’s approximately $2040 psf, which is definitely above the national average for condominiums.
Supreme Lifestyle Options
Right off the bat, the Museum planning district is packed with some great places to spend your weekends at. The National Museum of Singapore, Singapore Art Museum, Asian Civilisations Museum, National Archives of Singapore and Singapore Philatelic Museum all sit within the district. With the revolving, world-class exhibits, these museums will provide an almost endless array of experiences.
Of course, there’s also Fort Canning Park for the nature-lovers. The 18-hectare park is home to 9 historical gardens and plays host to concerts and plays throughout the year. It is also home to the first Botanical Gardens and even has a spice garden.
The Museum district is also home to multiple shopping malls like Plaza Singapura and The Cathay. Of course, if you’re looking for some heavy-duty shopping, it’s easy to access the Orchard shopping area by hopping onto a train.
The Cathay. Picture: iProperty
Museum is a High-end living
Much like the rest of the Central Region of Singapore, Museum is chock full of lifestyle options to keep you occupied on the weekends and close enough to the city center for you to be home 10 minutes after you knock off from work. Its location, the minuscule land area dedicated to residential housing, and the standard of developments in the area all contribute to the high cost of homes in the planning district. However, if you’re looking for convenience and high standards of the developments, a home in Museum is well worth the price of entry.
See more: Neighbourhood Guide – Potong Pasir
Source https://www.iproperty.com.sg/news/neighbourhood-guide-museum/
