Spacious and serene, The Arcadia is a favorite among expatriates for its perfect blend of luxury and lifestyle. (Picture: Albert Chua/The Edge Singapore)
Living in an urban jungle like Singapore, it is rare to find a place where one can leave behind the hustle and bustle of the city. Unless you are one of the lucky residents among the 164 units in The Arcadia condominium that offers a luxe and lush sanctuary nestled amidst the forests off Adam Road.
The Arcadia is in prime District 11 along the scenic Arcadia Road, lined with heritage trees. It features a unique stepped-back terrace design that converges at the top, reminiscent of The Shangri-La Hotel’s garden wing.
A well-kept four-bedder with 4,670 sq ft living space is up for sale at $5.8 million. At $1,242 psf, the property price is lower than the average selling price of condominiums sold in District 11 over the last 12 months, which ranges from $2,238 psf to $3,424 psf, based on URA sales data.
“With its huge size, a landed property feel without any blockage amid a lush, tranquil setting, especially this ground floor unit that faces an exclusive garden, is a rare gem,” says Meilinda Soetedjo, the exclusive marketing agent.
Nestled in prime District 11, The Arcadia stuns with its iconic terrace design and lush surroundings along scenic Arcadia Road. (Picture: Albert Chua/The Edge Singapore)
The Arcadia is popular among expatriates as its generous size suits their lifestyle, says the seller, who is also offering a leaseback option for him to rent the unit in its existing condition for three years plus an optional two years.
Completed in 1983, the leasehold property has 54 years remaining of its 99-year lease. It is located within the Core Central Region, about a 10-minute drive from downtown Orchard Road. With an estimated monthly rental value of around $15,500, this works out to about 3.2% in potential rental yield.
The one-of-a-kind condominium has garnered positive media coverage thanks to its unique design that blends well with its heritage surroundings, making it worthy of conservation. This spurred the condominium committee to write to the authorities to designate the condominium as a heritage site, an application they later withdrew. Still, The Arcadia, with an enormous land size of 37,804 sq m, is a gem for developers to increase their land bank, raising the potential for an en bloc sale.
With its open design, this condominium exudes the charm of a landed property. (Picture: Albert Chua/The Edge Singapore)
The condominium’s open design concept adds to its landed property effect. The units are well served by individual lift lobbies shared between two units in a wide open lobby with a central airwell that provides cross ventilation.
A large foyer area at the entrance provides an excellent spot to chill out in style. It leads to the spacious living area with marble flooring and extends to the patio, the seller’s favourite place for breakfast and barbeque parties. Similar to a landed property, a back gate provides direct access to the internal garden and facilities.
The owner enjoys taking walks within the estate’s well-landscaped expansive grounds for his daily exercise. The property is also well-served by a comprehensive range of facilities, including a clubhouse, upgraded swimming pool, fitness gym, and well-maintained tennis and squash courts.
Dining and Living rooms (Picture: Albert Chua/The Edge Singapore)
Three of the four bedrooms feature adjourning balconies, adding natural light to the space. A walk-in wardrobe accompanies the ensuite master bedroom. Ample storage space is available with two storerooms and a third one in the basement.
Outside the estate, there is no other development except for a small condominium further down Arcadia Road. The tranquility is further enhanced by the golf courses operated by the Singapore Island Country Club and Keppel Club nearby and the forested MacRitchie Reservoir.
Another draw is the proximity of renowned schools, such as Raffles Girls' Primary School and Nanyang Primary School, which are located a short distance away. The Tan Kah Kee MRT Station and various amenities are located near Bukit Timah residential enclaves.
For more information,
Contact Meilinda Soetedjo | 97601552
GROUP DIVISION DIRECTOR (R050866J)
ERA REALTY NETWORK PTE LTD