Tag Archives: Lagoon View

Breathtaking seaview apartment in Marine Parade for sale

Paranomic 180 deg Seaview along East Coast Park. View to enjoy this breathtaking view. Nice balcony. Spacious, high floor, 3+1 Rooms. Unfurnished,but furnishings can be provided if required. Mins to East Coast Park.

Call 94772121 for more details.

http://www.sgbayhomes.com/5483559

Lagoon View is a 99-year leasehold apartment development located at 5000J Marine Parade Road, Singapore 449291 in District 15, minutes ride to Bedok MRT Station. It was completed in 1977. Lagoon View is close to East Coast Park and Saint Andrew’s Community Hospital.

Condo Facilities at Lagoon View

Facilities at Lagoon View include an open car park.

Amenities near Lagoon View

Numerous feeder bus services are available near Lagoon View. It is also just minutes ride to several renowned schools, such as Temasek Junior College, Victoria Junior College, and Victoria School.

Lagoon View is also within close to the stretch of restaurants and eateries located at Upper East Coast Road and East Coast Parkway. Residents can head down to the nearby Siglap Centre or Bedok South Market and Food Centre to purchase daily necessities and more.

For vehicle owners, driving from Lagoon View to either the business hub or the buzzing Orchard Road shopping district takes less than 20 minutes, via East Coast Parkway.

Enbloc potential along TEL may ring louder

With the announcement of the Thomson-East Coast Line (TEL), there were talk about the possible rise in collective sales in the District 15 area, especially those near the designated stations.

Older developments that are 20 years or older and having less than 200 units each, in areas such as Amber Road, Katong, Marine Parade and Siglap will be especially in developers’ radars, given the smaller purchase quantum and corresponding lower risks. Some of the potential developments, which are freehold, include Amber Point, Parkway Apartments, Katong Park and Equatorial Apartments. All are more than 20 years old and given their smaller plot areas, may be palatable enough to raise developers’ interests.

Meanwhile some developments along the TEL have already made several attempts to en bloc like the following:

– Laguna Park, a 99-year leasehold development with 63 years left on its lease. The last en bloc attempt was in October 2011, where the asking price was $1.25 billion, equivalent to $954psf ppr.

– Hawaii Tower, a freehold development that last attempted to en bloc in 2011 as well with an asking price of $700 million.

So with the announcement of the TEL these two developments may now stand a better chance of finding buyer

These leasehold/freehold developments may also have potential for enbloc by the time the TEL begin construction: King’s Mansions, Costa Rhu, Pebble Bay, Mandarin Gardens, Park Shore and Casuarina Cove