Strong buyer interest was experienced at the Seaside Residences condominium as 392 of the 560 units that were released or 70% of the units were sold on April 22-23 during its official launch weekend. The condo located on Siglap Link has 843 units.
The commendable sales were expected since almost 5,000 people visited the show suite in early April at the project’s preview weekend. This led the developer to have high expectations of selling many units.
The developer, Frasers Centrepoint Singapore said that approximately 60% of the buyers are aged between 30 to 50 years and they live in the east.
(Artist's impression of Seaside Residences)
The 1 to 5 bedrooms units of the 99-year leasehold project measure between 420 – 3,294 sqft and are spread in 4 towers of 27 storeys each. You may like to view the Seaside Residences floor plan here.
Based on the sales brochure, the Seaside Residences price of a 1-bedroom suite will start from $885,000. That of a 2-bedroom unit with a dual key will start from $1.3 million while 3 bedrooms plus study apartment will go for about $1.6 million. A four bedder will fetch $2.3 million.
Seaside Residences sits on a land parcel of 207,849 sqft. A majority of the units of at least 70% have a magnificent view of the sea. The site is near the upcoming Siglap MRT station and the East Coast Park.
“The high sales results recorded in the launch phase are an indication that buyers value Seaside Residences’ premium and rare location, our considerate design and the quality building that we are known for. The high response has encouraged us and we are anticipating completing the seafront development, which is set to add to the well – connected, green and vibrant Siglap area,” said CEO Frasers Centrepoint Singapore, Christopher Tang.
Seaside Residences is set for completion by 2021. The show suite will be open every day.