Special Feature

Seaside Residences. New release of sea view units

By Seaside Residences

/ Brought to you by Frasers Property |

September 14, 2018 5:07 PM SGT

A luxurious development in district 15 that offers breathtaking views of the sea. Show suites open for preview from 15th September 2018.

Very few new residential projects in the mainland of Singapore can boast of having units with panoramic sea views. That explains why the 841-unit Seaside Residences has been a top-selling project. It is already 84% sold over a year after it was launched in April 2017.

East Coast lifestyle

Not only does the project offer sea views, it’s located in the prime Siglap neighbourhood of District 15.

For families seeking outdoor adventures or looking to spend quality time together, there is an underpass that links Seaside Residences to Singapore’s largest and most popular park, East Coast Park, which is 185ha in size with a 15km coastline. East Coast Park is now undergoing an exciting revamp that will see improved accessibility and a wider range of amenities following improvement works by the National Parks Board, there will be a new bicycle park on the site of the former Goldkist Chalets, a water play area at the Big Splash and open lawns at the Raintree Cove which are scheduled for completion by 2019.

30% of the units have a view of the picturesque housing estate of Upper East Coast, Frankel and Opera Estates

Adjacent to Seaside Residences is the upcoming Siglap MRT station on the Thomson-East Coast Line. Upon completion in 2023, residents will enjoy direct access to Marina Bay, or Changi Airport which boasts the new $1.7 billion Jewel Changi Airport. The sprawling complex features 1.44 million sq ft in gross floor area of retail, F&B, landscaping and a world’s tallest indoor waterfall, and is slated to open in 2019.

Limited edition, premium units

Singapore-listed property developer Frasers Property, which is developing Seaside Residences jointly with Sekisui House and Keong Hong Holdings, will release new sea view units on 29th September 2018.

There will be a wide range of units for homebuyers to choose from – one-bedroom units of 506 sq ft, to four-bedroom units from 1,485 sq ft. Many of the high-floor units on the 17th floor and above that have premium sea views or landed views will be made available for sale.

To further capitalise on the panoramic views from the site, ADDP Architects, the design architect of Seaside Residences, has incorporated triple-height sky terraces that span the 14th to 16th floors of each of the four 27-storey towers in the development. These sky terraces offer dual views of the sea and the city, and are accessible to all residents.

Frasers Property is now making their last 3,294 sq ft five-bedroom penthouse single-storey luxury unit available for sale. This unit not only comes with luxurious fittings to create the most splendid of living spaces, it also comes with private lift access and offers unobstructed panoramic sea and city views.

Generous facilities include a clubhouse overlooking the 115m infinity pool

Attractive pricing

When the Frasers Property-led consortium won the 1.9 ha site at Siglap Link in a government land sale (GLS) in Jan 2016, it had emerged at the top of eight bids. Its winning bid for the 99-year leasehold site was $624.18 million or $858 psf per plot ratio (psf ppr).

At that time, property consultants had considered the bid “bullish”. Since then land prices have soared, following the sale of several en bloc sites in prime District 15 residential enclaves of Amber Road, Marine Parade and Meyer Road that have hit record prices ranging from $1,409 psf ppr to $1,536 psf ppr in the second half of last year.

Future projects on sites purchased en bloc in 2H2017 and in 1H2018 are likely to have average selling prices ranging from $2,000 to $2,500 psf, depending on locational attributes, size, tenure and other factors, says Ong Teck Hui, JLL national director of research & consultancy.

With prices starting from $1,688 psf, the price tag is attractive when compared with the estimated future prices of properties within the vicinity. Some property observers also reckon the area where Seaside Residences is located has great potential for capital appreciation.

In the immediate neighbourhood are ageing 99-year leasehold condos and privatised HUDC estates whose en bloc hopes have been dashed by the latest property cooling measures rolled out on July 6. As such, in the immediate vicinity of Seaside Residences, the pipeline of new residential projects is limited for the foreseeable future.

An outstanding range of fitness and lifestyle facilities

Track record

Over the years, Frasers Property has developed a reputation for quality residential and integrated developments in Singapore and the region, from Watertown in Punggol to Northpoint City in Yishun in Singapore; One Bangkok in Thailand; and Central Park in Sydney, Australia.

As a testament to its track record, Frasers Property Singapore received multiple awards at the BCA Singapore Awards in 2018: Green Mark GoldPlus for Northpoint City and Seaside Residences; Green Mark Platinum for Causeway Point; and the BCA Universal Design Mark GoldPlus Award for Waterway Point and Watertown.

Frasers Property Singapore will be launching its new project on Jiak Kim Street in 2Q2019. The site has a prominent frontage along the Singapore River in the prime Robertson Quay vicinity.

Visit Seaside Residences show suites along Siglap Link, Open daily from 11am to 7pm daily

For more information: Please call 65 6513 2616

Website: www.seaside.sg

This article appeared in The EdgeProp Pullout Issue 850 (September 24, 2018) of The Edge Singapore.

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