Seaside Residences @ Siglap Road – Homes by Frasers Centrepoint

East Coast View At Seaside ResidencesEver dreamed of owning a sea view property? Your dream can now come true with the newly launched Seaside Residences. Located at a prime area at Siglap Road, it promises residents luxurious homes with breathtaking sea views facing panoramic East Coast. A one of its own property in the local scene.

A short distance away from the hustle and bustle of the city central of Singapore, Seaside Residences provide residents with an idyllic home haven for relaxation. Pamper yourself at the spa, have fun at the pool, keep fit at the gym, or unwind amongst the lush greenery. The choices are many for the residents at Seaside Residences.

The residents of Seaside Residences are the privileged few who can easily get close to nature by walking across the underpass from home to be at East Coast Park. A beach getaway can be a daily occurrence reserved for the residents at Seaside Residences.

Seaside Residences – a blissful retreat set near nature with the convenience of the city close by. Your Perfect Dream Comes True.

PRIME PROPERTY BY RELIABLE DEVELOPER

Developed by the reputable and experienced consortium (made up of Frasers Centrepoint, Sekisui House and Keong Hong Holdings), Seaside Residences is a new 99 year leasehold residential development. Standing majestically, the four 27-storey towers will house 843 units ideally oriented to offer scenic sea views. The units range from 1 to 5 bedroom types and penthouses, with floor areas between 424 square foot and 2,690 square foot. Residents can be reassured of the quality finishes and furnishings of each unit. Seaside Residences also features a vast variety of condo facilities catering to each and every household.

  • 115 metres long infinity pool
  • Sky terrace – boasting a three storey-high ceiling between the 14th and 16th floors
  • Aqua Gym
  • Water Cabana
  • Cabana Garden
  • 50 metres lap pool
  • Gym
  • BBQ area
  • Club House

EASY ACCESSIBILITY

Sitting in the heart of East Coast, Seaside Residences is located at the junction of Siglap Road and Siglap link. It is strategically situated with just 3 minutes’ walk from the future Siglap MRT station, it offers island wide transportation convenience to its residents when Thomson-East Coast Line (TEL) completes in 2023. In addition, Seaside Residences is only minutes’ drive to the Central Business District (CBD) and Changi International Airport. Conveniently located, the property offers quick access to to ECP, KPE and Nicoll High Way.

CLOSE PROXIMITY TO AMENITIES

Seaside Residences is situated in a mature estate, closely located to 2 major towns, namely Bedok and Marine Parade. Its location and proximity to the major towns bustle with bountiful amenities. It offers wide range of dining, shopping and entertainment options. Residents will be tempted with many food choices from variety of eateries and cafes spread out in nearby East Coast Road and Joo Chiat Road.

Residents will also be dazzled by the many shopping options at Bedok Mall, Paya Lebar Square, 112 Katong, Katong V, Roxy Square and Parkway Parade, as well as a wet market at Marine Parade Town Centre.

Families with school going children will have ease of mind as Seaside Residences boast the highest concentration of renowned top local and international schools, such as Victoria School, Tao Nan School, CHIJ Katong Convent, Ngee Ann Primary and Victoria Junior College.

SEASIDE RESIDENCES LAND BID

A consortium formed by FCL Topaz Pte Ltd (unit of Frasers Centrepoint), Sekisui House Ltd and KH Capital Pte Ltd (unit of Keong Hong Holdings) won the bid for the hotly contested tender for the 207,847 square feet plot at $624.18 million in January last year.  This works out to be approximately $858 in terms of per square foot per plot ratio for the site situated between Victoria School and East Coast Parkway.  The development will consist of residences targeted mainly at the mid to upper tier segments.

The consortium is formed by companies with previous extensive experience in the development of premium residential condominiums, which will give buyers a boost in confidence.

The residential site was launched for public tender by the Urban Redevelopment Authority (URA) on 26 November 2015.  This tender was hotly contested with the top 4 of these bids going at more than $800 per square foot per plot ratio, which all fell inside a 7% margin.  This reflects a huge demand for developed units in this area.  Given the fact that there has been no new site on the East Coast since 2001, the rarity and attractive of the sites will surely generate strong demands for these units.  Unblocked sea views will be an added charm to these units.

POTENTIAL OF SEASIDE RESIDENCES @ SIGLAP ROAD

The developer has plan to target this property at owner-occupiers as well as buyers who are looking to invest in real estate.  The units are targeted mainly at mid to upper tier segments which the developer believes will give the best possible results for this development.  Given the price of the successful bid, analysts are predicting that the selling price for the units at Seaside Residences will range from a minimum value of $1,400 to $1,500 per square foot.

Analysts expect strong demand for the units, given the rarity and attractive attributes of the site. It is less than 1km from East Coast Park and just a three-minute walk to the future Siglap MRT station.

Source from: The Straits Times

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