Eight Courtyards, situated along Canberra Drive in District 27, is a 99-year leasehold condominium developed by Yishun Gold Pte Ltd. It comprises 656 residential units across five 14-storey and seven 15-storey blocks. The property is located a few minutes away from the Sembawang Wharves, but once you step into this development, it’s like a calming escape to nature. It has eight themed courtyards that’s set to recharge your batteries after a busy day. Let’s find out more about it!
4 Reasons Why Eight Courtyards Is an Ideal Home:
1. Specifications and Perks for Own Stay
| Project Name | Tenure | TOP | Unit Type (up to) | Size in sqft (up to) | Average Price PSF (up to) |
|---|---|---|---|---|---|
| Eight Courtyards | 99-year leasehold | 2014 | -bedroom 2-bedroom 3-bedroom 4-bedroom |
452 549 969 1,399 1,894 |
$1,194 |
Eight Courtyards offers dual-key units, perfect for versatile living arrangements (suitable for renting out too). You will be able to keep two homes under one roof while retaining the privacy of both. You’ll enter a common foyer before reaching your own living space, kitchen, and bathroom. Each unit is intelligently designed to achieve a luxe style. For example, the balcony is not just connected to the living and dining area, but also the master bedroom.This improves ventilation for a cooler living space.
The condominium lives up to its name with facilities dispersed over eight thematic courtyards – Vigor, Tropical, Discovery, Inspiration, Play, Spa, Wellness, and Harmony. There is a lap pool, tennis court, fully-equipped gymnasium, jogging track, therapeutic aqua gymnasium, hydro-therapy dip pool, clubhouse, BBQ pavilion, outdoor fun pods for children, and many more!
2. Accessibility, Amenities, and Recreational Spots
Eight Courtyards is located between two train stations, Canberra MRT Station and Yishun MRT Station. Both stations are a 10-minute bus ride away from the property. This condominium is connected to several expressways: Central Expressway (CTE), Tampines Expressway (TPE), Seletar Expressway (SLE) and the future North-South Expressway (NSE). It would take you about 23 minutes to drive to the Central Business District (CBD) and 20 minutes to Orchard Road.
The newly opened Canberra Plaza, also known as the “New Generation Neighbourhood Centre,” is a 12-minute walk away. You can find amenities such as supermarkets, food courts, enrichment centres, gardens, and a water playground too! If you’re looking for a wider variety of dining and shopping options, head over to the recently refurbished Sun Plaza Mall beside Sembawang MRT. Love reading? Drop by Sembawang Library located at the fifth level.
There are so many places to discover in the nature-filled North of Singapore – you can embrace the great outdoors in beautiful parks found close by. There’s the Sembawang Hot Spring Park, where you can indulge in a relaxing foot soak. Canberra Park is filled with swings and a designated Tai-ji corner, while Woodlands Waterfront Promenade is a short bike ride away.
3. Education, Employment, and Healthcare
On a mission to find the perfect school for your child? There are eight primary and secondary schools within 500m, as well as childcare centres and kindergartens. They are Kidz Meadow Childcare and Development, Shooting Star Child Development Centre, The Kids’ Inn, Lil Einstein Learning and Development Centre, Lutheran Childcare Centre, PCF Chong Pang, Darul Makmur Mosque Kindergarten, and Ahmad Ibrahim Primary and Secondary School.
Don’t fret about getting immediate medical attention as the nearest hospital is Khoo Teck Puat Hospital and Yishun Community Hospital, located next to each other. It is a six-minute drive to get there. Khoo Teck Puat Hospital is a general acute care hospital while Yishun Community Hospital focuses on sub-acute, rehabilitative, dementia, and palliative care.
4. Property Price and Future Developments
The price of a three-bedroom unit (1,227 sqft) on Eight Courtyards’s high-level floor in the past two years:
- January to December 2017 – up to $1,025,000
- January to December 2018 – up to $1,030,000
- January to December 2019 – up to $1,060,000
Since 2017, property rental prices at Eight Courtyards have been increasing. We can foresee the price rising over the years, thanks to upcoming developments like new amenities, community spaces, improved connectivity, industrial hubs, and recreational facilities.
Is Eight Courtyards the home you’ve been dreaming of? Talk to our real estate consultants and get VIP agent service.
Best Mortgage Rate Across All Banks for Eight Courtyards
Talk to our mortgage brokers with over 30 years of experience and get the lowest mortgage rate at 1.78%. Our home loan specialists will assist you with everything you need to know from Total Debt Servicing Ratio (TDSR), Loan to Value (LTV) Limits and Legal Conveyancing.
Buyer’s Stamp Duty for Eight Courtyards
Buyer’s Stamp Duty (BSD) is tax paid on documents signed when you buy or acquire property located in Singapore.
If you opt to buy a three-bedroom unit at Eight Courtyards the price is at $1,060,000 which is reflective of the market value, your Buyer’s Stamp Duty (BSD) is $27,000.
| Market Value of the Property | BSD Rate | Calculation |
|---|---|---|
| On the first $180k | 1% | $1,800 |
| On the second $180k | 2% | $3,600 |
| Next $640,000 | 3% | $19,200 |
| Remaining $60,000 | 4% | $2,400 |
| BSD Payable | $27,000 | |
Source: IRAS
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Additional Buyer’s Stamp Duty for Eight Courtyards
Liable property buyers in Singapore are required to pay Additional Buyer’s Stamp Duty (ABSD) on top of the existing BSD. ABSD and BSD are computed on the purchase price as stated in the dutiable document or the market value of the property (whichever is the higher amount).
Who is liable to pay ABSD:
- Singapore Citizen (SC) buying second, third and subsequent residential property
- Singapore Permanent Resident (SPR) buying first, second and subsequent residential property
- Foreigners or entities buying any residential property
ABSD for Singapore Citizens when Buying Eight Courtyards
Here’s the ABSD amount you are required to pay if you are an SC:
| Property Ownership | ABSD Rate | ABSD Amount from Price $1,060,000 |
|---|---|---|
| If Eight Courtyards is your second residential property | 12% | $127,200 |
| If Eight Courtyards is your third or subsequent residential property | 15% | $159,000 |
ABSD for Singapore Permanent Resident when Buying Eight Courtyards
Here’s the ABSD amount you are required to pay if you are an SPR:
| Property Ownership | ABSD Rate | ABSD Amount from Price $1,060,000 |
|---|---|---|
| If Eight Courtyards is your first property | 5% | $53,000 |
| If Eight Courtyards is your second or subsequent residential property | 15% | $159,000 |
ABSD for Foreigners when Buying Eight Courtyards
Here’s the ABSD amount you are required to pay if you are a foreigner:
| Property Ownership | ABSD Rate | ABSD Amount from Price $1,060,000 |
|---|---|---|
| Foreigners buying any property | 20% | $212,000 |
VIP Service for Buyers at $0 Agent Fees
Our real estate consultants will provide you insights about this new project and assist you with everything you need to know from BSD, ABSD, exercising the OTP to sealing the deal.
Buy your dream home at $0 agent fee!
