The Atelier

The Atelier condo is the successful en bloc of the former Makeway View apartment by Bukit Sembawang in 2018.

Now, this land parcel will be redeveloped into a new freehold condo, a single definitive residential tower with only 120 exclusive residences.

A short walk away from Newton MRT station, The Atelier is a luxury pure residential high rise development at the junction between Bukit Timah Road and Kampong Java Road, just beside Newton Circus.

The Atelier condo offers the choice of 1-to-4-bedroom, with full lifestyle facilities across 3 landscaped decks.

The Atelier Condo Location

Those who pass by the Newton Flyover or Newton Circus along Bukit Timah Road would not miss the sight of the famous Newton Food Centre.

Recently, you might have observed the construction taking place on the opposite side.

The location of The Atelier condo is short walk to Newton MRT interchange station that links you to the Downtown Line and North-South MRT lines.

Sitting on the edge of the Orchard Road precinct, The Atelier condo is within Singapore’s prime District 9.  In addition, this project is surrounded by the low-density private residential enclave.

Here, you may want to zoom in to understand more about its location.

Accessibility:

Very strategic location, Atelier condo is just 1 stop away from Orchard, and 3 stops away from Dhoby Ghaut and Bugis Interchange.

Towards the North, you will reach Novena within 3 minutes. Whereas towards the South, you can reach Orchard shopping belt through Scotts Road.

In addition, Bukit Timah Road will lead you to Bugis and City Centre direction within 5 minutes. And the opposite direction will lead you to Bukit Timah.

Besides that, Bukit Timah Road is like the main vein to CTE. That gives the residents very quick access to that and other areas of the island.

Schools and Education nearby:

• Anglo-chinese School (junior) -> within 1km
• St. Joseph’s Institution Junior-> within 1km
• Anglo-chinese School -> within 1km
• Raffles Girls’ School (secondary) -> between 1-2km
• Singapore Chinese Girls’ Primary School -> between 1-2km

Shopping nearby:

• United Square Shopping Mall ~ 600m
• Velocity @ Novena Square ~ 870m

The Atelier Condo Developer Portfolio

With a longstanding reputation as a trusted developer, Bukit Sembawang Estates Limited has consistently delivered distinctive homes that are characterized by thoughtful planning, outstanding design, fine detailing, and quality finishing.

In addition, many awards have earned over the years. And, their vision is always to build quality lifestyle homes with the highest standards and satisfaction for every generation.

Here are some of the projects completed by Bukit Sembawang:

• Luxus Hills
• Nim Collection
• Watercove
• 8 St. Thomas
• Skyline Residences
• Paterson Suites
• The Vermont at Cairnhill
• Parc Mondrian
• Verdure

The Atelier Condo Floor Plan

Here you go! Below are the floor plans for The Atelier condo. However, they are not in the HD quality version due to the big file size. You may want to register below to get the official floor plans. 🙂

Register to get floor plan? (Best Price Possible & No Obligations)

The Atelier Condo Pricing

First, let’s take a look at the breakeven cost for the developer to estimate the selling price of The Atelier.  This is to avoid buying into a project whereby the developer marks up the price way higher with a buffer to discount later on.

According to EdgeProp, the breakeven is $2,251 psf.  So after factoring in a 20% profit margin, the selling price is estimated to be around $2,700 psf.

Condo Price near The Atelier

Second, let’s compare The Atelier with its surrounding developments and analyze the various price points based on the factors involved.

With this, you can have a clearer picture of the price, age, and tenure ranges among the neighboring competitors.

That said, for those who are looking to invest in new launch condos,  it is very important to check out the nearby developments that will become your direct competitors in the future.

As such, I have other new launches in the vicinity for your perusal.

Resale condo nearby The Atelier

Look at the list, it might seem like there is a huge gap between The Atelier and its immediate neighbors like Parc Centennial.  First of all, the distance to the MRT station is slightly further. And when you dig deeper, you would realize that the low average price is because of the huge balcony with planter and bay windows in the bedrooms and bathrooms.

Parc Centennial balcony with planter and bay window

Besides Parc Centennial, the similar happens to Newton Edge, which is another 10-year-old freehold apartment next to Atelier condo.

Newton Edge balcony with planter and bay window space

From the pictures above, you may notice the balcony/planter and bay window space had eaten almost 30% of the entire space. And that’s the reason why the resale condos seem to be much more affordable than the new launch. In short, you got to do compare the usability and efficiency of the space, not just about the average $psf.

New Launch Condo near The Atelier

Kopar at Newton pops up as the only 99 years leasehold project on the list.  That’s why it is relatively cheaper. And Kopar has the biggest land size and more facilities as compared to the rest, which is the biggest advantage to compensate for its tenure.

Kopar at Newton Site Plan & Facilities

Well, Neu at Novena has the best location amongst.  Given its super convenient stone throw away to Novena MRT station, the rental return would be attractive.  However, only a handful of units left, 2 to 4 bedrooms unit types still available.

Dunearn 386 seems to have the cheaper price tag, but you have to take into account that its proximity to a less central Tan Kah Kee MRT station.  Extreme low density with just 35 units, I would not recommend investing in this boutique apartment but it may be good for your own stay.

Last but not least, Pullman Residences could be the biggest challenger to The Atelier I would say.  Both freehold development near Newton MRT interchange at a competitive price. But, you may want to take the district into account because Pullman is zoned under District 11 whereas The Atelier is District 9.

Pullman Residences,  the biggest rival to The Atelier

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The Atelier condo Monthly Maintenance Fees

Let’s Review and Comment is The Atelier a Good Buy?