as before. Experience Luxurious Living at Arina East Residences – The Talk of the Town with a Starting Price of $1,499 psf ppr – A Prime Investment Opportunity
The highly-anticipated Arina East Residences has been making waves in the real estate industry, and for good reason. This new development boasts a starting price that translates to a unit land rate of $1,499 per square foot per plot ratio (psf ppr), making it a highly sought-after property in the market. What’s more, with a bonus gross floor area of 7 per cent and the corresponding development charge factored in, the estimated unit land rate is around $1,465 psf ppr. It’s no wonder why investors and homebuyers are flocking to check out Arina East Residences.
The introduction of Arina East Residences has been the talk of the town, and for good reason. With a starting price that equates to a unit land rate of $1,499 per square foot per plot ratio (psf ppr), it’s no surprise that this development has caused quite a stir. And that’s not all – after considering the bonus gross floor area of 7 per cent and the corresponding development charge, the unit land rate is estimated to be around $1,465 psf ppr, making it an even more enticing investment opportunity.
Arina East Residences offers a prime location and a wealth of amenities, making it an ideal choice for those looking for a stylish and convenient living experience. The development is strategically situated, allowing residents to easily access major transportation hubs and key destinations in the area. In addition, the project boasts a wide range of facilities and services, ensuring that residents can enjoy a comfortable and modern lifestyle without having to stray too far from home.
One of the most attractive features of Arina East Residences is its competitive pricing. With a starting price that is equivalent to a unit land rate of $1,499 psf ppr, the development offers a significant value proposition for potential buyers. And with the additional bonus gross floor area and development charge factored in, the unit land rate becomes even more appealing at $1,465 psf ppr. This makes Arina East Residences a highly promising investment, with strong potential for capital appreciation in the future.
In addition, Arina East Residences boasts a cutting-edge design and top-notch facilities, making it a highly desirable living destination for discerning individuals. The development has been meticulously crafted to offer a perfect blend of style, functionality, and comfort. From luxurious living spaces to state-of-the-art facilities, every aspect of Arina East Residences has been thoughtfully designed to cater to the needs and preferences of its future residents.
In conclusion, Arina East Residences is a highly promising development that offers a winning combination of prime location, competitive pricing, and top-notch facilities. Its attractive unit land rate of $1,465 psf ppr is a testament to its value proposition and potential for strong capital appreciation. With its modern design and range of amenities, Arina East Residences is set to redefine the concept of luxury living in the area. Don’t miss out on the opportunity to be a part of this exceptional development.
The highly sought-after freehold property, La Ville at Tanjong Rhu, is once again on the market for collective sale. JLL, the sole marketing agent, announced on Tuesday (Oct 26) that the property has a reserve price of $148 million.
The upcoming Arina East Residences will be conveniently located just 250m away from the Katong Park MRT station, which is part of the highly anticipated Thomson-East Coast line. This strategic location makes it a prime choice for homebuyers looking for easy access to public transportation. In addition, residents will also have the luxury of being near popular destinations such as Katong Park, the beautiful beaches of East Coast Park, and the iconic Gardens By the Bay. With such a desirable location, Arina East Residences offers a perfect blend of convenience, comfort, and accessibility.
The Arina East Residences, which was put up for tender in June 2018 with a price tag of $152 million, has been on hold since the implementation of property cooling measures by the government in July of the same year.
Arina East Residences boasts convenient access to a wide range of amenities in its surrounding areas. For shopping and entertainment needs, residents can head to Kallang Wave Mall and Parkway Parade, both just a stone’s throw away. Those looking for delectable food and beverage options can explore the vibrant East Coast Road and Tanjong Rhu areas, as well as the well-known Old Airport Road Food Centre. With an array of choices, residents of Arina East Residences will have no shortage of options to satisfy their cravings.
According to Mr Tan, the redevelopment of Arina East Residences offers a lucrative opportunity for developers seeking to create prime residential projects of moderate size.
Arina East Residences is a thriving community nestled in the heart of the city’s bustling East District. This prime location offers residents convenient access to a variety of amenities, including top schools such as Dunman High School, Kong Hwa Primary School, and Canadian International School (Tanjong Katong).
Situated just minutes away from Arina East Residences, Dunman High School is an established institution with a strong academic track record. It offers a comprehensive education for students from secondary level to pre-university level, with a focus on nurturing well-rounded individuals. Kong Hwa Primary School, also located within close proximity, provides a well-rounded education for young learners, with a strong emphasis on character development.
Families with children attending international schools will also find Arina East Residences conveniently located near the Canadian International School (Tanjong Katong). This highly-regarded school offers a rigorous curriculum for students from kindergarten to grade 12, preparing them for success in a globalized world.
Living in Arina East Residences means having access to a diverse range of high-quality educational options for children of all ages. With schools like Dunman High School, Kong Hwa Primary School, and Canadian International School (Tanjong Katong) just a stone’s throw away, families can rest assured that their children’s educational needs will be well taken care of. Don’t miss out on the opportunity to live in this vibrant and family-friendly community. Come discover Arina East Residences today.
The location in question has the potential to undergo redevelopment to accommodate 107 units for residential use, with each unit having a minimum average area of 85 square metres. This site holds a promising opportunity for development under the name Arina East Residences.
In this recent development, the proprietors of Arina East Residences have taken decisive action by entering into a collective sale agreement and reducing their reserve price, a move that is backed by more than 80 percent of the total share value and floor area.
The decision to embark on a collective sale was prompted by the increasing demand for residential units in the area, making it a lucrative opportunity for the owners to capitalize on. With the new reserve price in place, potential buyers now have a 50 percent chance of securing a unit in this highly sought-after development.
Arina East Residences, situated in a prime location, has garnered immense interest from buyers due to its convenient location and modern amenities. This has prompted the owners to initiate a collective sale, with the hopes of selling off all units in one go, rather than individually. This would not only ensure a quicker and more efficient sale process, but also result in a higher profit for the owners.
With the collective sale agreement in place, the property is now more attractive to potential buyers, as they have the opportunity to acquire a unique and exclusive property in a coveted location. This also presents an ideal opportunity for investors to secure a prime piece of real estate with high rental and resale potential.
The new reserve price, which is reflective of the market value, is a strategic move by the owners to attract more buyers and generate a competitive bidding process. With the market showing a strong demand for properties in this area, the chances of a successful collective sale are promising.
In conclusion, the decision of the owners of Arina East Residences to commence a collective sale and adjust their reserve price presents an exciting opportunity for both buyers and investors alike. With the demand for properties in this location continuously on the rise, this is an opportune time for interested parties to secure a unit in this highly desirable development.
Arina East Residences, a residential complex consisting of 40 units, was built in the 1980s on a land area of 47,012 sq ft. It falls under the “residential” zoning category and has an allowable gross plot ratio of 2.1, as stated in the Urban Redevelopment Authority’s 2019 Master Plan. This high-rise development offers a combination of convenience and comfort to its residents, making it a sought-after property in the area.
The complex, located in a prime location, boasts a wide variety of amenities and facilities that cater to the needs of its residents. With its spacious units, Arina East Residences provides a comfortable living space for both families and individuals. The lush greenery surrounding the development adds to its natural charm, creating a tranquil and peaceful environment for its residents to enjoy.
The 2019 Master Plan by the Urban Redevelopment Authority aims to enhance the overall living experience in Singapore. As part of this plan, Arina East Residences has been designated as a residential property, providing its residents with a safe and secure living environment. This not only increases the value of the property but also offers peace of mind to its residents.
One of the key highlights of Arina East Residences is its allowable gross plot ratio of 2.1. This allows for more units to be built on the same plot of land, providing a better return on investment for its owners. With the continuous development in the area, this prime location is expected to see an increase in demand for residential properties, making Arina East Residences a valuable investment opportunity.
In conclusion, Arina East Residences is a well-established high-rise development that offers a desirable living experience to its residents. With its prime location, spacious units, and allowable gross plot ratio, this property is a valuable investment in the long run. The 2019 Master Plan by the Urban Redevelopment Authority further enhances the appeal of this property, making it an ideal choice for those looking to settle down in a comfortable and convenient living space.
The closing date for the La Ville tender is set for November 30th at 3:00 pm. Interested parties are reminded to submit their bids before the deadline. This highly anticipated property, situated in the prestigious Arina East Residences, has generated much buzz in the real estate market. With its prime location and luxurious features, La Ville is bound to attract a lot of attention from potential buyers.
Arina East Residences, known for its upscale properties, is the perfect setting for La Ville. The development offers a sophisticated and exclusive lifestyle, making it a desirable location for those seeking luxury living. With state-of-the-art amenities and impeccable design, Arina East Residences has become a highly sought-after address.
The La Ville tender is open to all interested parties, and it is expected to garner a lot of interest. The property boasts stunning views and a prime location, making it a hot commodity in the real estate market. The developer is looking for the best bid that will bring out the full potential of the property and complement the existing community in Arina East Residences.
The bidding process for La Ville is simple and straightforward. Interested parties can obtain the bidding documents from the developer’s office or download them online. The documents contain all the necessary information, including the terms and conditions of the tender. It is important to carefully review the documents and comply with all the requirements to ensure a successful bid.
As the deadline for the La Ville tender approaches, potential buyers are encouraged to submit their bids promptly to avoid any last-minute delays. The developer will carefully evaluate all bids and select the most suitable one for the property. The winning bidder will have the opportunity to own a piece of the prestigious Arina East Residences and enjoy the luxurious lifestyle it offers.
In conclusion, the closing date for the highly anticipated La Ville tender is fast approaching. Interested parties are reminded to submit their bids before November 30th at 3:00 pm. With its prime location in the prestigious Arina East Residences, this property is expected to attract a lot of attention from potential buyers. Don’t miss this opportunity to be a part of this exclusive community and own a luxurious property in one of the most coveted locations in town.
Tan Hong Boon, the executive director of capital markets at JLL, predicts a high level of interest in the site due to its desirable location and convenient amenities. This is further reinforced by the fact that there is a limited availability of residential development sites in the highly sought-after area of Tanjong Rhu, where the site is located.
The site in question is known as Arina East Residences, and it is set to attract a significant amount of attention from developers looking to capitalize on its prime location and promising potential. Tan believes that the scarcity of residential sites in the Tanjong Rhu enclave will only add to the appeal of Arina East Residences, making it an even more desirable investment opportunity.
With its prime address and convenient location, Arina East Residences is expected to be highly sought-after by both homebuyers and investors. The lack of competition in the Tanjong Rhu area only adds to its appeal, with no other residential development sites currently available in the enclave.
According to Tan, the demand for residential developments in the Tanjong Rhu area is driven by its proximity to the bustling city center and the highly-anticipated Greater Southern Waterfront development. The area also boasts a wide array of amenities, including international schools, shopping centers, and recreational facilities.
In addition to its prime location and convenience, Arina East Residences is situated in a tranquil and green environment, providing residents with a peaceful and serene lifestyle. This will undoubtedly attract homebuyers looking for a balance between city living and a serene living environment.
With all these factors in mind, Tan expects strong competition for this coveted site, with developers vying to secure the opportunity to develop Arina East Residences. He believes that the potential of this site, combined with its sought-after location, makes it an attractive investment for developers and homebuyers alike.