Seaside Residences @ Siglap East Coast
Seaside Residences, a rare & premium condominium with spectacular view of East Coast Park and East Coast Sea. Seaside Residences located in Siglap Link, District 15. It jointly developed by Frasers Centrepoint Singapore (FCL), Sekisui House and Kheong Hong Holdings. This is a new development in Singapore that has a good combination of a seaside address, exceptional convenience, sea views, and connectivity are going to give you exactly what you dream of – A home beside the sea with beautiful, panoramic, view which only the eye can capture. Unobstructed, and unspoiled by polluting elements like industries, these homes are an ideal location for those looking for peace, and quiet, in nature’s lap.
The sea has always made us feel nostalgic. Even though it looks so foreboding, there is something about the sea that makes you feel like building a home right next to the sound of the comforting pounding waves, and the surf washing up on the shore.
|Project Name||Seaside Residences|
|Address||Siglap Link Near East Coast|
|Developer||East Vue Pte Ltd (Jointly developed by Frasers Centrepoint Singapore, Sekisui House and Keong Hong Holdings)|
|Site Area||207,849 sqft|
|Gross Floor Area||TBA|
|No of Blocks||4 Blocks|
|No of Storeys||27 Storey Residential Units|
|No of Units||843 Units including of 2 commercial unit|
Seaside Residences Price
Given the land cost of $858 per square foot per plot ratio, this could work out to an average price of around $1,550 to $1,650 PSF. But expect quite a large difference between the pricing of sea-facing units, vs those without sea views.
Analysts point to Costa del Sol as the most comparable to Seaside Residences, among existing projects, in terms of site attributes and location. In the last 3 months of 2016, resale units there transacted at between $1,196 to $1,268 PSF.
However Costa del Sol completed in 2004, and its site has a balance of 81 years on its lease. If we extrapolate based on a full site lease and taking into account the cost of renovations to achieve the same “new building” standard, then the price levels would be very similar.
So although the projected pricing is higher than for surrounding older condominiums, sales are likely to be boosted by its combination of unique attributes. Another strong point that will boost sales is that there is no “supply fatigue” in this area. Unlike other locations that have seen a string of sites launched in the last 5 years, this site is a rarity in the vicinity.
Seaside Residences Location
The plot of land measures approx. 207,848 sqft. The property will be on lease for a period of 99 years. The plot is located on Siglap Road, in District D15, of East Coast Area of Singapore. This area is considered to be one of the top residential areas and has most basic and advanced amenities nearby.
Seaside Residences location, directly fronting the East Coast Park & Beaches, and with panoramic sea-views, is really attractive. It is also very conveniently located, a short drive from the city center, and just round the corner from the upcoming Siglap MRT Station.
Seaside Residence sits in the District 15 private residential enclave of Katong and East Coast, that ranks just after the prime districts of 9, 10, and 11. In fact, District 15 has traditionally been counted one of the most desirable areas to live in and is known to be home to many of Singapore’s “old rich”, as in old money.
The Seaside Residences location itself is part of a stretch of condominiums that front the ECP and East Coast Beach & Park. On its west is the 30-year-old Mandarin Gardens and 41-year-old Neptune Court. All these are 99-year leasehold properties. Therefore, Seaside Residence will be the “kid” along the east coast park.
The Seaside Residences location offers both sea views and quick access to the CBD and Changi Airport, plus the convenience of all the necessary amenities that come from being part of an established estate. This area is considered to be one of the top residential areas and has most basic and advanced amenities nearby. What, with beach volleyball right in your garden, there is no end to what you can enjoy in these beautiful seaside residences.
The Seaside Residence is located very close to the proposed MRT Station that will be functional by 2023 and will serve the Thomson-East Coast Line, making connectivity a breeze. Till then residents can make use of the Bedok MRT station of the East-West Line that is located about 1.7 km from the Project. The Bedok Bus Interchange and the East Coast Parkway will also ensure that residents can easily access every part of Singapore including Central Business District, Marina Bay, and Marina South. Changi Airport is about 15 minutes’ drive from this location.
For all the ladies out there, shopping will be fun and easy with the Parkway Parade at close distance.
Amenities Near Seaside Residences
This place is one of the best places to shop in Singapore with a seven storied shopping mall. This mall has all the brands under its roof like Marks & Spencer, Giant Hypermarket, Best Denki, Isetan, Food Republic, and much more, and will easily provide for all your needs, right from groceries to trendy clothing, footwear, and accessories. Children will find the amusement center and playground as irresistible as you will find shopping there. The mall also has plenty of eateries so you can indulge your taste buds after a busy shopping spree.
For the younger generation, there is the 112 Katong Mall at the intersection of East Coast Road and Joo Chiat Road. This mall boasts of an extensive food and beverage experience, both exotic and excellent. It also provides all categories of shopping, from garments to medicines, and sports goods. With the wide range of options for shopping, entertainment, and dining, this place is unrivaled in the East Coast region. For those just looking for a place to unwind, this mall offers a rooftop garden that is lusciously landscaped to take you to another level of relaxation.
Other than these major shopping centers, there are many others that line the streets of East Coast. From dining to shopping, you’ll find everything near this one of a kind project Seaside Residences’.
Seaside Residences Site Plan
Seaside Residences Floor Plans
Seaside Residences Review
There is currently no more land available via GLS in District 15 that is next to seaside. Only option is possibly via en-bloc for older developments in the locality
Furthermore, we are the only brand new development that is within such close proximity to the seaside. Other developments in the immediate locality sharing similar qualities i.e. next to East Coast Park & sea facing views are at least 30 to 40 years old.
So if you want something that is brand new, Seaside Residences is YOUR ONLY CHOICE!
#2 3 Minutes Walk To Upcoming Siglap MRT
Provides great convenience for residents, easier commute to CBD & save on transportation. This is also an additional benefit for investors as tenants nowadays are more selective due to the many rental choices available to them.
Hence, a well located property near MRT would be among their consideration when selecting a rental unit.
#3 Seaside Living
Offers a peaceful oasis away from the concrete jungle that is Singapore and away from the hustle & bustle of everyday life.
Just a short distance from the sun & sand of East Coast Park (within 500m), 70% of our units are orientated towards the sea so that residents can also enjoy views of the sea from the comfort of their homes
#4 Experienced & Reputable Developer
With over 20+ years of experience in building homes, Frasers Centrepoint Singapore provides
quality assurance in both the delivery of the unit as well as after sales services.
In addition, developments developed by Frasers are designed with well –thought out functional
layouts that benefit end users as well as thoughtful & lush landscaping & facilities for the enjoyment
In fact, 76.6% of the site is allocated for landscape (the norm is 65 to 70%), meaning more features /
facilities for residents to enjoy
#5 Located in prestigious locality
With SSR located in prime D15, the development would be highly sought after by investors, end-users and ‘die-hard’ fans of the East.
Statistics have supported the above notion, where D15 has the highest no of transactions (resale) island wide in 2016. The scarcity of developments such as SSR would lead to demand being stronger than current supply, thus allowing SSR to command a premium.
#6 The Growth, Potential & Opportunities Of The East
MRT Station Right
At Your Doorstep Properties that are near MRT stations generally hold their prices better or have higher upside compared to other similar properties
Near To Major Employment Hubs
Changi Business Park / Pasir Ris Wafer Fab Park / Loyang Industrial Park / Changi Airport / Tampines Industrial Park / Paya Lebar Central Continuous Job Opportunities More jobs will continue to be created in the East through the development of new job centres across the region.
Changi Business Park Expansion
Changi Business Park will continue its expansion as a vibrant business park & hub for employment
Changi Airport Expansion
The opening of Project Jewel and Terminal 4 in Changi Airport will provide
thousands of attractive new job opportunities. Project Jewel will be the next
exciting new addition to Changi Airport since Terminal 3.