Tag Archives: mandarin gardens

Mandarin Gardens for rent at $4K+

Are you looking for a home in the East Coast/Marine Parade area by the sea? This is a spacious home in the East Coast/Marine Parade area. Near to well known schools (Victoria School/ VJC/CHIJ, St Patrick, etc). Mins to Airport, CBD via ECP. Walking distance to the beach, the largest park in Singapore. Serene and lovely. Currently tenanted till end Nov.

Call David King @ 94772121 for a viewing appointment or fill up your details for future correspondence.

http://www.sgbayhomes.com/20912509

 

 

Views of Thomson-EastCoast Line Part 2

Here are the locations and artist’s impressions of the respective stations along the latest MRT line. (Source: LTA)

Part 2: Marine Parade, Marine Terrace and Siglap

This is also known as District 15 of Singapore housing areas. Being close to Airport, CBD and East Coast Park, it is a value choice for expats and those who loved waterfront stays, as well as close proximity to town. Popular Shopping Haunts include evergreen Parkway Parade, Roxy Square (I and II), i!2 Katong Mall and Marine Parade/Marine Terrace Neighbourhood hub. Popular Condos in the areas include Cote d’Azur, Silversea, The Seaview, D’ecosia, Mandarin Gardens, The Esta, and Parc Seabreeze.

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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

Transactions of Top Selling Projects in District 15 (from Jan to Jul 2014) Part 2

Part II
1. Water Place
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Project Name Street Name Tenure Price Area (sqft) Floor Level $psf Resale Date
WATER PLACE TANJONG RHU ROAD 99 yrs lease commencing from 1998 $1,850,000 1,561 06 to 10 1,185 Jul
WATER PLACE TANJONG RHU ROAD 99 yrs lease commencing from 1998 $1,480,000 1,216 01 to 05 1,217 Jul
WATER PLACE TANJONG RHU ROAD 99 yrs lease commencing from 1998 $1,600,000 1,281 06 to 10 1,249 Jul
WATER PLACE TANJONG RHU ROAD 99 yrs lease commencing from 1998 $1,600,800 1,227 11 to 15 1,305 Jun
WATER PLACE TANJONG RHU ROAD 99 yrs lease commencing from 1998 $1,660,000 1,356 06 to 10 1,224 Jun
WATER PLACE TANJONG RHU ROAD 99 yrs lease commencing from 1998 $2,080,000 1,561 11 to 15 1,333 Apr
WATER PLACE TANJONG RHU ROAD 99 yrs lease commencing from 1998 $1,530,000 1,227 11 to 15 1,247 Apr
WATER PLACE TANJONG RHU ROAD 99 yrs lease commencing from 1998 $1,790,000 1,453 06 to 10 1,232 Mar

 

2. Mandarin Gardens
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Project Name Street Name Tenure Price Area (sqft) Floor Level $psf Resale Date
MANDARIN GARDEN CONDOMINIUM SIGLAP ROAD 99 yrs lease commencing from 1982 $930,000 829 11 to 15 1,122 Jul
MANDARIN GARDEN CONDOMINIUM SIGLAP ROAD 99 yrs lease commencing from 1982 $750,000 732 21 to 25 1,025 Jul
MANDARIN GARDEN CONDOMINIUM SIGLAP ROAD 99 yrs lease commencing from 1982 $770,000 732 01 to 05 1,052 Jul
MANDARIN GARDEN CONDOMINIUM SIGLAP ROAD 99 yrs lease commencing from 1982 $838,000 732 16 to 20 1,145 Jun
MANDARIN GARDEN CONDOMINIUM SIGLAP ROAD 99 yrs lease commencing from 1982 $1,780,000 2,024 01 to 05 880 May
MANDARIN GARDEN CONDOMINIUM SIGLAP ROAD 99 yrs lease commencing from 1982 $1,600,000 1,528 16 to 20 1,047 Apr
MANDARIN GARDEN CONDOMINIUM SIGLAP ROAD 99 yrs lease commencing from 1982 $1,400,000 1,528 06 to 10 916 Apr
MANDARIN GARDEN CONDOMINIUM SIGLAP ROAD 99 yrs lease commencing from 1982 $2,188,888 2,034 21 to 25 1,076 Mar

3. One Amber
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Project Name Street Name Tenure Price Area (sqft) Floor Level $psf Resale Date
ONE AMBER AMBER GARDENS Freehold $1,800,000 1,302 16 to 20 1,382 Jul
ONE AMBER AMBER GARDENS Freehold $1,865,000 1,302 11 to 15 1,432 May
ONE AMBER AMBER GARDENS Freehold $3,588,188 3,046 21 to 25 1,178 May
ONE AMBER AMBER GARDENS Freehold $1,780,000 1,259 06 to 10 1,413 Mar
ONE AMBER AMBER GARDENS Freehold $1,785,000 1,259 16 to 20 1,417 Feb
ONE AMBER AMBER GARDENS Freehold $1,890,000 1,335 06 to 10 1,416 Feb
ONE AMBER AMBER GARDENS Freehold $2,000,000 1,378 11 to 15 1,452 Jan
ONE AMBER AMBER GARDENS Freehold $1,580,000 958 06 to 10 1,649 Jan

Top selling projects in District 15 (based on sales volume) in 2014 ( Jan to Jul) Part 2

Part II
1. Water Place

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Location:                         171 Tanjong Rhu Road
Range of $psf sold:         $1185 to $1333
Range of Sizes sold:       1216 to 1561 sqft
No of units sold:              8
Development Name:       Water Place
Property Type:                Condominium
Developer:                      Far East Organization
Tenure:                           99-year Leasehold
Completion Year:            2004
# of Units:                       437

Water Place is a 99-year leasehold condominium development located at Tanjong Rhu Road in District 15 near the future Stadium MRT station. Completed in 2004, it comprises 437 units. It is located in the vicinity of Singapore Swimming Club and Singapore Gospel Church.

2. Mandarin Gardens

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Location:                          1 Siglap Road
Range of $psf sold:          $880 to $1122
Range of Sizes sold:        732 to 2034 sqft
No of units sold:               8
Development Name:        Mandarin Gardens
Property Type:                 Condominium
Developer:                       Mandarin Gardens Pte Ltd
Tenure:                            99-year Leasehold
Completion Year:             1986
# of Units:                        1000

Mandarin Gardens is a 99-years leasehold development located at Siglap Road in District 15 near Kembangan MRT and Eunos MRT Station. Completed in 1986, it comprises 1000 units. Located nearby is East Coast Park and Marine Parade Polyclinc.

3. One Amber

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Location:                          Amber Gardens
Range of $psf sold:          $1178 to $1649
Range of Sizes sold:        958 to 3046 sqft
No of units sold:               8
Development Name:        One Amber
Property Type:                 Condominium
Developer:                       Brendale Pte Ltd
Tenure:                            Freehold
Completion Year:             2010
# of Floors:                      23
# of Units:                       562

One Amber is a Freehold Condominium located at Amber Gardens in District 15. One Amber comprises of 562 Units. It was completed in 2010 and is minutes away from Paya Lebar and Dakota MRT Stations. One Amber is close to East Coast Park, Parkway Parade, Katong Shopping Centre and schools.