Rare New Launch - the first new project with sea views to be built along East Coast Parkway (ECP) in 15 years
Launching in April 2017.
Launching in April 2017.
A plum site along Siglap Road in District 15 will see an attractive new residential condominium - Seaside Residences - rising high overlooking the beautiful East Coast offering a panoramic view of the sea. Frasers Centrepoint subsidiary FCL Topaz Pte. Ltd., Sekisui House, Ltd. and KH Capital Pte. Ltd clinched the top bid for the site tender and is expected to build 4 blocks of 27 storey condominium with around 840 units. Seaside Residences condo is expected to TOP in 2021.
The Seaside Residences condo site enjoys close proximity to reputable schools like Victoria School, Victoria Junior College, St Patrick's School, Temasek Junior College.
Residents staying at Seaside Residences only need less than 3 minutes walk to commute to the upcoming Siglap MRT station - Thomson East Coast Line - and have a wide selection to the very popular amenities and attractions along East Coast Park. |
Singapore's East Coast is one of the most sought after private residential enclave, residents of Seaside Residences can also enjoy all the pleasure and convenience of a typical urban living. Seaside Residences is just a few minutes drive to CBD and Changi International Airport, home to a food haven, with plenty of shopping and entertainment amenities, endowed with one of the highest concentration of renowned top local and international schools and alongside the East Coast Park offering the proud owners of Seaside Residences rare ‘million-dollar sea views’ & within steps to a host of seafront recreational activities.
Marine Cove had always been family-friendly, but the post- revamp version takes it to a new level, with five new restaurants that have children's play areas, more covered walkways, toilets for youngsters and bigger carparks. The main draw for families is probably a 3,500 sq m playground (about half the size of a football field) catering to children of different ages and diverse abilities. The most eye-catching structure in the playground is an 8m-tall structure modelled after a lighthouse.
Marine Cove cost National Parks Board $18 million to refurbish and is close to 21,500 sq m in size. It is the latest development in East Coast Park to be opened, following Parkland Green which opened in September 2014. The new restaurants in Marine Cove include Indian-Muslim restaurant My Briyani House; Babalicious (Peranakan cuisine) and Hainanese chicken rice; Hill Street Coffee Shop (local delights); The Coffee Bean and Tea Leaf - its biggest outlet in Singapore there, seating 250 people.
Marine Cove cost National Parks Board $18 million to refurbish and is close to 21,500 sq m in size. It is the latest development in East Coast Park to be opened, following Parkland Green which opened in September 2014. The new restaurants in Marine Cove include Indian-Muslim restaurant My Briyani House; Babalicious (Peranakan cuisine) and Hainanese chicken rice; Hill Street Coffee Shop (local delights); The Coffee Bean and Tea Leaf - its biggest outlet in Singapore there, seating 250 people.
Parkway Parade - completed in 1983 was the first suburban shopping mall in Singapore featured many major tenants setting up their stores in the suburbs for the first time, such as Isetan, Marks and Spencer, MPH Bookstores, etc. It also featured a wide array of food choices and an amusement centre occupying Levels 3 and 4 (Funland) and a playground at Level 7, which was the largest mall playground in Singapore at that time.
Seaside Residences Factsheet:
Address: Junction of Siglap Road and East Coast Parkway
Developer: The consortium of Frasers Centrepoint, Sekisui House, Ltd. and KH Capital Pte. Ltd
District: 15
Tenure: 99 years leasehold
No. of Units: 840 units
Development: 4 blocks of 27 storeys
Site Area: 19,309.6 m2 / 1.9-hectare / 207,848 sqft
GFA: 7,584 m2
Expected TOP: 2021
Address: Junction of Siglap Road and East Coast Parkway
Developer: The consortium of Frasers Centrepoint, Sekisui House, Ltd. and KH Capital Pte. Ltd
District: 15
Tenure: 99 years leasehold
No. of Units: 840 units
Development: 4 blocks of 27 storeys
Site Area: 19,309.6 m2 / 1.9-hectare / 207,848 sqft
GFA: 7,584 m2
Expected TOP: 2021
Why Buy Seaside Residences?
- Luxurious units with nice unblock view
- Developed by well-known developer - Frasers Centerpoint Group
- Surrounded with a lot of shopping malls such as City Square, Bedok Mall, Parkway Parade and Roxy Square
- Within a few minutes away from the central Business District (CBD) and Changi Airport
- Nearby food centers and restaurants for a great dining experience
- Prestigious schools in close proximity include Ping Yi Secondary School, Victoria School, Opera State Primary School and Tao Nan School
- Connected by MRT stations that include Bedok MRT and Kembangan MRT
- Expressway such as Pan-Island Expressway (PIE) and East Coast Parkway (ECP) links the property to most locations in Singapore
- High rental yield
- Excellent capital appreciation
Ms Christine Li, director of research at Cushman and Wakefield, is bullish over the Seaside Residences' prospects, tipping a 50 per cent take-up rate of units within six months of the launch. She expects the project to be launched at a price of between $1,550 and $1,650 per sq ft. "Competition is not as intense due to the lack of supply pipeline in the vicinity," she said, adding that the area was unlikely to see successful collective sales and did not host any site under the Government Land Sales programme in the last year. "Thus, investors looking to purchase new developments would have limited choices such as Marine Blue and Amber Skye, both of which are priced at $1,700 to $1,800 psf,"
Siglap condo with sea views likely to make a splash - Straits Times 11 Jan 2017
Siglap condo with sea views likely to make a splash - Straits Times 11 Jan 2017