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Don't Miss The Myst - Your Next Dream Home is Here - The Myst by CDL at 800, 802 Bukit Timah Road

Don’t Miss The Myst – Your Next Dream Home is Here

On May 19, Singapore-listed property group City Developments Ltd (CDL) announced that in 2H 2023, it would launch The Myst condo. This new 99-year leasehold project boasts 408 units on Upper Bukit Timah Road. The prominent private condo is within a five-minute walk of the Cashew MRT station on the Downtown Line.

Simultaneously, CDL has decided to reschedule the preview date for Newport Residences. This freehold project includes 246 units and is part of a mixed-use development encompassing offices, serviced apartments, and F&B/retail. This project is located in Tanjong Pagar, in the city’s Core Central Region (CCR). Regrettably, this decision came after the newest round of property cooling measures. These measures came into effect on April 27, 2003.

Consequently, the additional buyer’s stamp duty (ABSD) for foreigners purchasing residential property rose from 30% to 60%. Furthermore, the ABSD for Singapore citizens buying their second and third residential properties saw a 20% and 30% increase, respectively. Singapore Permanent Residents (PRs) also had their ABSD increased to 30% and 35%, respectively.

As a responsible property group, CDL will monitor the market closely and launch projects at appropriate times. Regarding the impact of these measures on CDL’s residential portfolio, analyst Vijay Natarajan of RHB states in his report on May 19 that it is “manageable”. CDL sold 88% of its launched inventory in Singapore in April.

CDL expects that the latest property cooling measures will have a minimal impact on the mass and mid-tier segments, where local and PR buyers are most prevalent. EL Development’s Blossoms By The Park at one-north saw a tremendous response from the market, with 75% of the 275 units sold on the first day of launch on April 29 at an average price of $2,423 psf. Moreover, The Continuum, a freehold project that includes 816 units by Hoi Hup and Sunway Property, saw 211 units sold (26%) at an average price of $2,730 psf the following weekend. Finally, the 732-unit The Reserve Residences at Jalan Anak Bukit, a joint venture between Far East Organization and Sino Group, will launch on May 27.

According to Natarajan’s estimations, the group’s capacity to recognize approximately $5 billion in unbilled residential sales within the next three years is a notable feat. CDL boasts four ongoing projects, expected to collectively yield around 1,500 units ($2 billion in Gross Development Value) in the foreseeable future. Notably, 80% of the unsold units lie within the mid-tier and mass-market segments, which limits their susceptibility to recent cooling measures aimed primarily at non-resident entities and investors.

“While we anticipate a slight moderation in new launch prices post-measures, we remain confident in our margins, likely to remain within the 8-20% range,” said Natarajan in his report. It is worth mentioning that the group has an impressive foothold in the Australian residential market, with the construction of several developments underway. The Marker, featuring 198 units in West Melbourne, has recently marked the completion and exhibits an impressive 92% sell-through rate as of 1Q2023. Fitzroy Fitzroy, a 60-unit apartment project in Melbourne, is already 40% presold ahead of its scheduled completion in 1Q2024. Other projects in the mix include Brickworks Park, a 215-unit development located in Brisbane – already 49% presold – and Treetops at Kenmore, a JV enterprise in Brisbane, also in advanced stages of development and highly sought after by prospective buyers, boasting a 49% presold inventory.

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The Myst condo logo
Over the past few years, CDL has made a concerted effort to build up its presence in the property market. Its residential portfolio of projects ranges from high-end luxury developments to affordable housing –– it has been well-received by buyers/clients who recognise its high-quality standards and craftsmanship.
With an extensive network of global offices across Asia, Europe, North America, and Australasia, CDL can source strategic land resources worldwide as part of its growth strategy.
Haus on Handy by CDL
Boulevard 88 by CDL
Boulevard 88 by CDL
Tembusu Grand by CDL
Tembusu Grand by CDL
Canninghill Piers by CDL
Canninghill Piers by CDL
The company’s commitment to sustainability is also apparent in its track record. All their developments are designed to be environmentally conscious, with green features such as solar panels and rainwater harvesting systems incorporated into building designs.
CDL is also dedicated to delivering premium lifestyle experiences through its amenities and services offered at each development site, such as concierge service, clubhouse facilities, and landscaped gardens for residents’ enjoyment.
From these accolades and initiatives, it is clear that CDL is an experienced developer renowned for consistently delivering quality projects on time –– with a dedication to creating sustainable communities that enhance lifestyles for all stakeholders involved.
The Myst condo logo
Within the compound, there are exclusive facilities such as swimming pools, tennis courts, and fitness centres, as well as spas for those seeking even more indulgence.
The Myst Lap Pool
The Myst's lap pool. One of the many facilities residents can enjoy.
Residents can also take advantage of nearby restaurants, shopping outlets, and entertainment options – ensuring there’s never a lack of things to do or places to go.
Best of all, the surrounding natural environment creates peace and serenity regardless of activity level.
The Myst at Bukit Timah Road provides its residents with an exceptional standard of living where they can enjoy the best of both worlds – modern comforts and seclusion from every day worries.
With its proximity to key attractions and amenities, it is no wonder this enclave is so popular among homeowners looking for a place to call home in Singapore.
The Myst condo logo

About The Myst

The Myst boasts only the highest quality of ambient finishes within its walls, leading guests and residents alike to feel spacey, light, and relaxed, ideal for unwinding after a hard day on the job.
Perfect for nature lovers, it has spectacular views of green landscapes that stretch as far as the eye can see.
Gleaming with opulence and class, it begs to be experienced first-hand by everyone seeking to reconnect with nature while taking advantage of all the comforts a home should provide.
The Myst at Bukit Timah Road is a must-visit destination if you’re looking for a place to unwind in comfort and rejoice in luxury!
The Myst Grand Plaza
The Myst Grand Plaza
The Myst, located at 800 & 802 Bukit Timah Road is an excellent location for those looking for the perfect balance between convenience and comfort.
Situated in Singapore’s District 23, it is close to some of the city’s most popular attractions, such as Orchard Road, Marina Bay Sands, and Sentosa.
Orchard ION
Orchard Road is 25 mins drive from The Myst
This exciting neighbourhood also has plenty to offer for shopping, dining, and entertainment –– for residents of The Myst at Bukit Timah Road. Numerous benefits make living here a great choice.
Connectivity and transportation at The Myst are excellent, providing residents with quick and convenient access to the city.
From Cashew MRT station, residents can take the Downtown Line (DTL) to reach many attractions in Singapore, such as Beauty World, Botanic Gardens, Bayfront, or Little India.
Cashew MRT Entrance
Cashew MRT is the nearest MRT from The Myst
The Downtown line is an essential public transport artery in Singapore, providing efficient connections between residential areas and commercial districts. at Bukit Timah Road. Numerous benefits make living here a great choice.
Downtown Line MRT
Downtown Line MRT Map
The Bukit Timah Expressway (BKE) provides easy access for drivers heading toward the eastern region of Singapore. It takes only a 6-minute drive from The Myst to get onto the BKE, which then connects to the Pan Island Expressway (PIE).
The PIE gives motorists access to all parts of Singapore, including Changi Airport, making it easier for those who need to travel frequently for work or leisure.
For those who prefer slower modes of transport, such as walking or cycling, cycling paths are available around The Myst – which are connected to other pathways throughout Singapore.
These paths provide an excellent way for residents to explore the city at their own pace and discover new sights.

Shopping Centres near The Myst

Shopping is an excellent pastime for many, and The Myst is surrounded by several shopping malls offering various retail options.
Hillion Mall is one of the closest shopping hubs to The Myst, just a 4-minute drive away. It provides a great selection of stores such as REFASH, iORA, Cow Play Cow Moo, and Best Denki. Furthermore, the mall has plenty of eateries for dining options after shopping.
Hillion Mall Night
Hillion Mall is 4 mins drive from The Myst
HillV2 is another nearby mall only 5 minutes away from The Myst. This mall boasts many unique retail stores, lifestyle shops, and an extensive food court that is ideal if you’re looking to grab a bite before heading back home.
You can find clothing outlets like Zara and Uniqlo here and electronics stores such as Courts Megastore and Challenger.
Junction 10 is located 6 minutes from The Myst and features plenty of shops selling furniture, fashion wear, toys, and much more. There are also several movie theatres for entertainment, so you can take some time off your daily routine to enjoy a good movie or two with your family or friends.
Finally, Bukit Panjang Plaza, which is 6 minutes away from The Myst too, provides an array of retailers, which include department stores like NTUC Fairprice Xtra, fashion outlets such as Giordano and FOS, beauty salons like Heirloom and beauty products store Watsons.
Bukit Panjang Plaza
Bukit Panjang Plaza is 6 mins drive from The Myst
Bukit Panjang Plaza also houses many restaurants offering local cuisines for its visitors to enjoy. With so many malls near The Myst apartment complex, residents will always have convenient shopping options!

Nature Spots Near The Myst

Living in The Myst provides residents easy access to several nature spots, making it a convenient destination for anyone looking to commune with nature.
Bukit Timah Nature Reserve is located right next door, and its 163.63 hectares offer many opportunities for exploration.
The Reserve is a haven for wildlife with its 800+ flowering plants, 300+ bird species, and various reptiles, amphibians, and mammals.
Visitors can enjoy hikes along the trails or a picnic in one designated area; there is also a visitors’ centre where more information about the Reserve and its inhabitants can be found.
Bukit Timah Nature Reserve
Enjoy a relaxing walk at nearby Bukit Timah Nature Reserve
Right across from The Myst is another popular spot: the Rail Corridor. This once-railway line has been converted into a multi-use trail for cyclists, hikers, and nature lovers who want to observe birds or admire wildflowers growing along the tracks.
Apart from these two attractions, residents will also be close to other parks, such as MacRitchie Reservoir Park, Bukit Batok Nature Park, and Dairy Farm Nature Park – all providing further opportunities to connect with nature.

Schools near The Myst

The Myst is conveniently located near several schools, offering parents a wide range of educational opportunities for their children.
Assumption English School is just two minutes away, while Bukit Panjang Primary School and CHIJ Our Lady Queen of Peace are just three minutes away.
On the other hand, Greenridge Secondary School is five minutes away, and Zhenghua Primary School is only seven minutes away.
The nearby schools offer excellent quality education in various fields and disciplines. Further, the nearby primary schools provide high-quality academic programs –– committed to developing holistic individuals equipped with the knowledge and skills necessary for success in life.

Dining Options near The Myst

The Myst residents enjoy having a wide variety of convenient options for finding an eatery. With The Rail Mall, HillV2, and Bukit Panjang Plaza all within a 4-minute to 7-minute drive away, residents can easily find restaurants that cater to their taste buds.
At The Rail Mall, popular eateries include Acqua e Farina, Springleaf Prata, Green on Earth, and BLooiE’s Roadhouse – perfect family dinners.
HillV2 is home to IO Italian Osteria, Cedele, Starbucks, Tandoori Culture, and Spruce – ideal for a luxurious dining experience. For the more budget-conscious diners, Bukit Panjang Plaza has an array of affordable dining options, such as McDonald’s and Subway.
Those with adventurous palettes seeking local dishes only need to take a short drive to the nearby Bukit Panjang Hawker Centre and Market, where dishes like Chicken Rice and Fishball Noodles are readily available.
In addition to these food centres, there are also many independent eateries within the vicinity of The Myst that offer delectable cuisines from around the world.