Saturday, January 5, 2013

Seasuites will be Singapore's first residential launch for 2013

52-unit luxury apartment tower kicks off January 5.

Located at 252 – 258 Pasir Panjang Road, SeaSuites is the most recent project of Link (THM) Greenleaf Pte Ltd, a boutique developer of high-end landed residential properties in Singapore’s prime districts.

SeaSuites, a low-rise luxury apartment tower of 5-storeys comprising of 52 units, is built on raised land with visible sea views. An ‘avant garde’ inspired building, the majority of the units is in the 1 to 2-bedroom categories ranging between 517 – 1,410 square foot and the remaining 3-bedroom units are approximately 1,066 – 1,615 square foot.

Each apartment will come with enablement for a home automation system and the complex will offer residents common barbecue pit areas, gymnasium, state-of-the-art hydrotherapy pool and a lap pool strategically situated on the roof-top for all to enjoy the sea views.

Situated in Singapore’s south-west coast on rare freehold land, SeaSuites is located less than 200-metres to the recently completed Haw Par Villa MRT Station and a 9-minute (drive) to Ayer Rajah Expressway. Pasir Panjang is Singapore’s latest hotspot for buyers seeking long to medium-term investments. Recently face lifted with easily accessible amenities such business parks and budget hotels, the new conveniences craft a refreshing transformation in Singapore’s west coast area customarily known for its residential ‘leafy’ appeal. With little high-rise and no HDB developments on the stretch of Pasir Panjang Road, this creates potential higher pick-up value.

Essential existing amenities which will appeal to potential investors are the nearby shopping facilities (Orchard Road and Raffles Place), all within 15 minutes’ (drive). Local and international schools, polytechnics, the National University of Singapore and Alexandra Hospital are all within a close proximity.

Mr Alan Tan, Head of Local Projects for HSR International Realtors, is certain that SeaSuites will offer a high quality and competitively priced product in the rest of central region* area. Mr Tan adds, “In today’s current market, new high-end property in Pasir Panjang range approximately S$1,400 — $1,800 per square foot and buyers should take in consideration some recent resale prices have been higher. By 2014, projected prices would not differ substantially; however, rent on investment may provide a healthy gross yield, caveated between 4 – 6% per for astute investors. Further still, the developer will be offering an attractive discount package at the preview this weekend, therefore, the optimum time to purchase is now.”

Martin Koh | 86666 944 | R020968Z
Sherry Tang | 9844 4400 | R020241C
Senior Sales Director
DTZ Debenham Tie Leung (SEA) Pte Ltd (L3006301G)

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