Marine Blue condominium, a Freehold New Condo Launch by Capitaland Singapore. Located in District 15. Marine Blue condominium is just a strolling distance to East Coast Park and Parkway Parade. This Singapore property consists of 124 residential units. Marine Blue condo residents will be able to enjoy being centralised to Bedok Town Center at Siglap and Kallang Riverside. A different class of lifestyle of its own. Lots of prestigious schools around. From primary school to junior colleges. Well-known schools like Tao Nan Primary and Victoria Junior College.
Many people have dreams of owning a property on the beach and this is something else which are offered by Marine Blue condominium since they offer an exceptional view of the beach front and even of the shipping activity within the region. Public transport is another advantage within the area since there are more than enough bus services, train services and other public transport to take you to town in mere minutes. Marine blue duly offers an exceptionable experienced. The Urban Redevelopment Authority of Singapore are pursuing several projects which are aimed at developing Singapore even more and to make it more attractive as an industrial giant, residential area and a viable international destination.
Marine Blue condominiums are intricately designed developments. Internet research will reveal that Marine Blue condominium are exquisitely designed, places of residence which are more than able to satisfy the peculiar demands of people from most other countries. Every effort has been taken to ensure the comfort of all residents who are renting apartments or who have invested in the purchase of such property in SG. Marine blue condo are very close to upcoming shopping mall like The Flow, Hexacube and East Coast Park beach and it is an easy matter to arrange a pleasurable excursion for family and friends.
|Developer||Ladyhill (Private) Limited – Capitaland|
|Location/Address||Marine Parade Road|
|Site Area||4,755.2 sqm / approx. 51,185 sqft|
|Total Units||124 residential units (includes 4units of 2-storey strata terrace)|
|Description||1 block of 17-storey, 1 block of 16-storey. 2 levels basement carpark.|
|Expected TOP||15 Oct 2017|
|Expected Legal Completion||15 Oct 2020|
|Total No. Car parks||124 lots + 3 handicapped lots|
|Architect||MKPL Architects Pte Ltd|
|Main Contractor||Tiong Aik Construction Pte Ltd|
|Interior Designer||UTS (Hongkong Designer)|
|Landscape Consultant||SHMA Company Ltd|
|Unit Types||1+1 Bedroom with Balcony/Lofts: 635 to 1270sqft (95units)
2 Bedroom with Balcony: 1045sqft (13units)
1+1 Bedroom with Terrace: 969 to 1593sqft (7units)
2 Bedroom with Terrace: 1141sqft (1unit)
Penthouse: 3036 to 3262sqft (4units)
Strata Terrace: 3681 to 4015sqft (4units)
31 units at Marine Blue sold at average $2,000psf
CAPITALAND Limited sold 31 of the 50 units released during the preview of its new freehold condo project Marine Blue over the weekend, at an average price of between S$1,800 and S$2,000 per square foot (psf).
The units sold included one-bedroom-plus-study and two-bedroom ones and a penthouse, said a CapitaLand Singapore spokesman.
The price list obtained by The Business Times showed a 10 per cent discount off the listed prices. Sited next to Grand Mercure Roxy Hotel along Marine Parade Road and within walking distance of the upcoming Marine Parade MRT station, Marine Blue comprises 120 condo units and four strata terrace houses. Construction has begun.
The showflat in Bedok South Ave 3 first opened for viewing two weeks last month, and then closed for the year-end festive season; it was re-opened last week for the preview for buyers who had indicated interest for the project.
The spokesman said the development would appeal to young professionals and families looking for a contemporary, well-designed home in the mature Marine Parade public housing estate. The development is also near the rich heritage charm of Katong, its vibrant food belt, a transport network and amenities such as shopping malls and schools.
Recent transacted prices of freehold condo units in the vicinity, including 70 Saint Patrick’s, Coralis, SeaView and Parc Seabreeze, have fallen within the range of S$1,630 to S$1,730 psf; rents have averaged at between S$3.20 to S$4 psf per month, said SLP International executive director Nicholas Mak.
Property consultants noted that rental prospects for the project look promising, given its proximity to amenities such as Parkway Parade, Katong 112 and the East Coast Park.
R’ST Research director Ong Kah Seng said the locality has generally enjoyed strong leasing interest from expatriates and foreign professionals, who find the location a “cost-effective option in an upmarket locality”. He added that the the discounted prices were within reach of buyers, based on total debt servicing ratio limits.
He pointed out that it was becoming a norm for developers to release units during the preview to test the market. Keppel Land, for example, started selling units at its Highline Residences in Tiong Bahru during its preview; 147 out of its 500 units had been sold by the end of November.
He said: “An official launch does little to boost sales, as buyers are concerned only with pricing and discounts, not on the fanfare or other frills and sales incentives. “So long as pricing isn’t matching up to buyers’ expectations in this cooled market, buyers will not move on a purchase even it is launched officially (with fanfare).”