Signature Park, located at Toh Tuck Road in District 21, is a freehold condominium developed by City Development Limited. Not only does this property offer a full range of facilities, but you’ll also have access to excellent amenities, reputable schools, and the wonders of nature in Bukit Timah.
4 Reasons Why Signature Park Is an Ideal Home:
1. Specifications and Perks for Own Stay
| Project Name | Tenure | TOP | Unit Type (up to) | Size in sqft | Average Price PSF (up to) |
|---|---|---|---|---|---|
| Signature Park | Freehold | 1998 | 2-bedroom 3-bedroom 4-bedroom |
1,055 1,421 1,722 |
$1,275 |
Signature Park’s 928 units range from two- to four-bedroom apartments. With two-bedroom apartments that go up to 1,055 sqft, this condominium is suitable for small and large families with children. Kids will surely enjoy the water slide and two swimming pools. Not only that, your family has access to sun decks, barbeque pits, outdoor exercise stations, basketball court, two tennis courts, a clubhouse with two function rooms, and more! There’s even a sizeable mini-mart in the premises.
2. Accessibility, Amenities, and Recreational Spots
The nearest train station is Beauty World MRT Station on the Downtown Line (DTL), which is a 13-minute bus ride away. Signature Park is accessible via Toh Tuck Road and Jalan Jurong Kechil. It’s connected to several roads like Upper Bukit Timah Road, Pan Island Expressway (PIE), and Bukit Batok Road. It would take you about 18 minutes to drive to the Central Business District (CBD) and 16 minutes to Orchard Road.
There are multiple places you can go to for grocery shopping as there are eight supermarkets (a mix of Fairprice and Cold Storage outlets) within a 10-minute drive. Nearby malls like Bukit Timah Plaza, Bukit Timah Shopping Centre and Beauty World malls are close by too. Spend family time outdoors at a number of nature spots such as Bukit Timah Nature Reserve, Bukit Batok Nature Park, The Green Corridor, Mayfair Park ,and Hoover Park.
3. Education, Employment, and Healthcare
Signature Park is close to several schools and colleges from local schools to international ones. Schools which are of walking distance are Pariposa Preschool (500m), Cambridge @ Bukit Timah Preschool (800m), Garden House Preschool (900m), ELF Preschool Preschool (900m), Bukit Timah Primary (950m), Cambridge Primary (1.2 km), and Yusof Ishak Secondary (1.7 km).
Other schools within the vicinity are Ngee Ann Polytechnic, Anglo Chinese Junior College, National University of Singapore, Singapore Institute of Technology, and Nanyang Technological University.
Need to see a doctor? The nearest hospitals are St. Luke’s and Ng Teng Fong General Hospital – both a 10-minute drive away.
4. Property Price and Future Developments
The price of Signature Park’s three-bedroom unit (1,421 sqft) low-level floor, in the past three years:
- January to December 2017 – up to $1,550,000
- January to December 2018 – up to $1,680,000
- January to December 2019 – up to $1,850,000
Since 2017, property rental prices at Signature Park have been increasing. We can foresee the price rising over the years, thanks to upcoming developments like improved connectivity, new amenities, community spaces, industrial hubs, and recreational facilities.
Is Signature Park 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 Signature Park
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 Signature Park
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 Signature Park the price is at $1,850,000 which is reflective of the market value, your Buyer’s Stamp Duty (BSD) is $58,600.
| 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 $850,000 | 4% | $34,000 |
| BSD Payable | $58,600 | |
Source: IRAS
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Additional Buyer’s Stamp Duty for Signature Park
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 Signature Park
Here’s the ABSD amount you are required to pay if you are an SC:
| Property Ownership | ABSD Rate | ABSD Amount from Price $1,850,000 |
|---|---|---|
| If Signature Park is your second residential property | 12% | $222,000 |
| If Signature Park is your third or subsequent residential property | 15% | $277,500 |
ABSD for Singapore Permanent Resident when Buying Signature Park
Here’s the ABSD amount you are required to pay if you are an SPR:
| Property Ownership | ABSD Rate | ABSD Amount from Price $1,850,000 |
|---|---|---|
| If Signature Park is your first property | 5% | $92,500 |
| If Signature Park is your second or subsequent residential property | 15% | $277,500 |
ABSD for Foreigners when Buying Signature Park
Here’s the ABSD amount you are required to pay if you are a foreigner:
| Property Ownership | ABSD Rate | ABSD Amount from Price $1,850,000 |
|---|---|---|
| Foreigners buying any property | 20% | $370,000 |
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!
