Seaside Residences reeled in strong buyer response with 70% of 560 released units sold during the first weekend of its sales launch on 22 and 23 April.
Christopher Tang, Chief Executive Officer, Frasers Centrepoint Singapore, “The strong sales results in this launch phase indicate that buyers value the rare and premium location of Seaside Residences, our thoughtful design, and the building quality that Frasers Centrepoint Singapore is known for. We are encouraged by the response and look forward to completing the seafront project, which will add to the vibrant, green and well-connected Siglap precinct.”
About 60% of buyers are aged between 30 to 50 years old and see the seaside location as a good investment that offers an excellent lifestyle with seaside recreational activities. Among the buyers, about 60% live in the east while another 30% are from the immediate vicinity of District 15.
57 year-old Madam Judy Yeoh and her family viewed several properties but still favoured Seaside Residences after viewing the show suite. She said, “Location is the key draw for us. I live in the East with my son and family currently, and choosing a property in this area allows us to not live far from each other. We appreciate the good sea view offered and I don’t think we’ve got this good a view anywhere else along this stretch. We also factored in the proximity to East Coast Park where the family can work out and enjoy lifestyle facilities there. It is also a plus that the MRT station will be very nearby in the future.”
Gerald Lim, another buyer, said, “I am looking at getting a 2-bedder unit for my retirement. This is a good place, especially the location.”
Staying in the Eastern precinct near Kembangan, another buyer, 65-year-old Mrs Lee, values the proximity to an MRT station and was considering purchasing a third unit at Seaside Residences. “With the congested roads in Singapore, I would prefer to drive less in the future and the nearby MRT will be a convenient and fast way for me to travel around the island. I also really enjoy the exclusive sea view and sunrise from East Coast Park and these are things I look forward to enjoying at Seaside Residences in the future,” she said.
The four-tower development is situated in the coveted residential precinct in East Coast and is a four-minute walk from East Coast Park. Sitting on a rare sea-fronting site, the project offers residents maximum sea views with desirable seaside living. Adding to the convenience is the upcoming Siglap MRT Station, which is just a stone’s throw away.
Following its successful launch, the Seaside Residences show suite will be open from 10am to 7pm daily. Seaside Residences is slated for completion by 2021.
To view Seaside Residences’ feature in The Straits Times, please click here.
To view Seaside Residences’ feature in The Business Times, please click here.