Seaside Residences is turning out to be one of the most sultry Singapore properties in 2017. One key reason is that it is likely the last apartment suite to have a blend of:
- Unhindered seaviews and;
- Inconceivable accommodation, being situated by the future Siglap MRT and the current East Coast Highway.
Examination of Seaside Residences Value
Frasers Centrepoint Homes, the designer of Seaside Residences had driven a consortium to win the intensely fragile for the 207,847 sq ft plot for $624.18m in January a year prior.
Steady with its name, FCH said the units at Seaside Residences are being proposed to support the sea sees, with up to 65% of units orientated towards the water skyline.
The wander will have four 27-story squares. The units go from one-to five-room sorts and penthouses, with floor goes between 424 square feet and 2,690 square feet.
The designer told The Straits Times yesterday that the apartment suite will have a 115m-long pool and a sky yard – having a three story-high rooftop – between the fourteenth and sixteenth floors.
Frasers Centrepoint Singapore CEO Christopher Tang called the wander “an outstanding headway that will consider home buyers searching for a sea side home outside the clamoring downtown zone”.
Agents expect strong enthusiasm for the units, given the inconsistency and charming properties of the site. It is under 1km from East Coast Park and just a three-minute walk around the future Siglap MRT station.
Dr Lee Nai Jia, head of South-east Asia investigator at Edmund Tie and Co, expects strong buyer excitement as there have been no new areas on the East Coast since 2001.
The last government arrive bargain site in the zone was moreover won by Frasers Centrepoint, in 2001 , and shaped into the 612-unit Cote d’Azur loft suite.
Dr Lee expressed: “In perspective of what we see really, enthusiasm for headways in these create areas tends to be high. One delineation is Gem Residences (in Toa Payoh), which sold about an expansive segment of its units in a day before its mass dispatch.”
He incorporated that the Seaside Residences site had an exceptional blend of sea bid and closeness to the future Siglap MRT station on the Thomson-East Coast Line, which experiences the city and is set for complete in 2023.