The developer of Seaside Residences, Frasers Centerpoint Singapore, has said that the highly anticipated condo drew strong interest from buyers at its weekend preview (8 and 9 April). The condo located at Siglap Link had approximately 5,000 people visiting the show suite over the two days.
Most of the homebuyers pointed out that they are from eastern districts including 19, 18 and 15.
Seaside Residences floor plans will have 843 units comprising of 1 bedroom to 5 bedrooms units in the 4 towers. The floor areas of the units are from 420 to 3,294 square feet. The condo, which is set for completion in 2021 will be 27-storeys high on each of the towers.
“The East Coast Parkway has not had any new developments that have a panoramic view of the sea, being built in the last 15 years. This has led the area to have pent-up in demand for new housing options. Seaside Residences has maximized its sea-facing frontage. More than 70% of its units has a view of the sea,” said Frasers Centrepoint Singapore Head of Development and Property, Cheang Kok Kheong.
(An artist's impression of Seaside Residences)
Early signs show that buyers have an equal interest for smaller and larger units’ configurations and they are placing more weight on the chance to live close to the beach.
“In comparison to the many recent developments, Seaside Residences gives us a feel that is more prestigious,” said Jevon Koh, a buyer who showed interest in the preview.
The condo, which is on a 99-year leasehold is a short walk away from East Coast Park through an underpass. This means that residents can enjoy sporting activities, dining and entertainment at the park, which is famous for outdoor activities.
The condo is also near the upcoming Siglap MRT station that is along Thomson-East-Coast line and that is set for completion in 2023.
The units will be launched for sale on April 22.
View more developments in the east including a landed development; Elite Residences, a freehold sea view development at Fort Road; The Line at Tanjong Rhu and another sea view development, Fulcrum Condo.