Arina East Residences Review – Exclusive Tanjong Rhu Freehold Condo In District 15

Why Invest in Arina East Residences?

• Reputable Developer: A well-known investment and management company specialising in investment and asset management covering residential, commercial, and industrial sectors.
• Prime Location: Situated along Tanjong Rhu Road, an exclusive locale in the popular District 15.
• Exclusivity: With only 107 units, residents will enjoy a truly intimate and private living experience.
• Freehold Status: Offer long-term investment potential and price resilience due to the scarcity of freehold land in Singapore.
• Excellent Transport Connectivity: A 7-minute walk to the Katong Park MRT station on the Thomson-East Coast Line and well-connected by major expressways.
• Proximity to Amenities: Convenient access to popular shopping, dining, and entertainment destinations such as Parkway Parade, Katong V, Kallang Wave Mall, and more.
• Recreation and Green Spaces: Proximity to East Coast Park, and Singapore Sports Hub, popular leisure and recreational destinations, helps to promote an active outdoor lifestyle.
• URA Master Plan: Revitalisation of Tanjong Rhu and surrounding precincts with new housing, amenities, parks and recreational facilities.
• Educational Institutions: Convenient access to many reputable schools and education institutions, catering to families with children of all ages.
• Investment Potential: Excellent location and rare freehold status offers promising investment potential.

Who is the Developer of Arina East Residences?

Arina East Residences will be developed by ZACD Group, a prominent real estate developer and asset manager based in Singapore.

Established in 2005, ZACD Group has built a solid reputation for its commitment to quality and innovation in property development. The company is known for its diverse portfolio that includes residential, commercial, and industrial projects, both locally and internationally.

Some of its latest residential projects in Singapore include Landmark Tower, Jadescape, INZ Residences and The Visionaire.

What are the Prices for Arina East Residences?

The prices for Arina East Residences have not been announced yet. However, the average launch price of the development is estimated to be $2,700 psf to $2,800 psf based on its land cost.

Arina East Residences will be redeveloped from the former La Ville condominium located at Tanjong Rhu, acquired by ZACD Group via a collective sale for $152 million in December 2021.

This translates to a land rate of $1,540 psf per plot ratio (ppr) for the 47,012 sq ft freehold site. After factoring in an additional 7% bonus gross floor area (GFA), the unit land rate is about $1,477 psf ppr.

Where is Arina East Residences Located?

Arina East Residences is strategically situated in Tanjong Rhu, just off Fort Road, within Singapore’s prestigious District 15. The development is surrounded by other exclusive freehold condominiums such as Fort Gardens, Fulcrum, and Emerald East. The area is known for its boutique developments, offering residents a sense of exclusivity and privacy.

Residents will benefit from the convenience of being within walking distance of the sought-after Dunman High School. Additionally, the popular East Coast Park and vibrant shopping destinations like Parkway Parade, Kallang Wave Mall, and Katong Shopping Centre are easily accessible via public transport.

The nearby Katong Park MRT station, just a 7-minute walk away, provides excellent connectivity to other parts of Singapore. Moreover, Katong's rich cultural heritage and diverse culinary offerings offer residents a vibrant and engaging lifestyle.

Transport Connectivity

Katong Park MRT Station

Arina East Residences is well-connected to the rest of Singapore by public transportation. The development is a mere 7-minute walk to the Katong Park MRT Station on the Thomson-East Coast Line, which provides easy access to the Central Business District (CBD) and other parts of the island.

When the Thomson-East Coast Line is completed in mid-2030, residents will enjoy direct access to Changi Airport.

Several bus stops are also within walking distance of the development, further enhancing resident’s commuting experience.

For those who drive, Arina East Residences is easily accessible via major roads and expressways such as the East Coast Parkway (ECP) and Marina Coastal Expressway (MCE). With the Changi Airport only a 13-minute drive away, this will add to its appeal for either own stay or investment.

Shopping Mall and Amenities Near Arina East Residences

Residents of Arina East Residences will relish the convenience of living near a vibrant array of shopping, dining, and entertainment options. Just minutes away, Parkway Parade, Katong V, and Kallang Wave Mall offer a diverse range of retail options, dining experiences, and entertainment facilities.

In addition to shopping, residents will have access to essential services such as banks, pharmacies, and medical clinics, ensuring that all daily necessities are within easy reach.

A Food Haven in Katong

The vibrant Katong district is known for its rich cultural heritage and culinary offerings. Residents have various dining choices, from local hawker fare, cafes, and bakeries to upscale restaurants.

This eclectic mix of cuisines, which include Peranakan, Western, Thai, Indian, Indonesian, and many others make Katong a popular food haven. Some of the well-known outlets include the former Katong Bakery & Confectionery housed in the iconic Red House. It is now occupied by Micro Bakery & Kitchen. Another is the old school Chin Mee Chin Confectionery.

Food lovers will also appreciate the proximity of the Old Airport Road Food Centre and Geylang Serai Market, both celebrated for their extensive offerings of local delicacies.

Recreation and Leisure Options Nearby

Near Arina East Residences is the East Coast Park, a popular destination for outdoor enthusiasts, featuring a scenic beachfront, cycling paths, various sports facilities and children’s playgrounds.

This expansive park provides ample opportunities for jogging, cycling, picnicking, and water sports, making it an ideal spot for families and individuals seeking an active lifestyle.

In addition, the lush greenery of East Coast Park enhances the overall living experience, allowing residents to unwind and connect with nature without venturing far from home.

Singapore Sports Hub

Singapore Sports Hub

The Singapore Sports Hub offers world-class sports and recreational facilities. Its stadiums, aquatic centre, and fitness amenities encourage physical activity and community engagement.

Beyond sports, the Sports Hub serves as a vibrant cultural and entertainment venue. It hosts a wide range of events, including concerts, exhibitions, and festivals, attracting visitors from all walks of life. This diverse programming contributes to the area's lively atmosphere and enhances its appeal as a destination for leisure and recreation.

Schools Near Arina East Residences

Arina East Residences is surrounded by several sought-after schools, with Dunman High School just next to it and Victoria Junior College a 9-minute drive from the development.

In addition, several primary schools are located within a 1-2 km radius of the development, providing priority admission to children entering primary schools under the Ministry of Education’s distance-based allocation system. These primary schools are:

• Geylang Methodist Girls’ School (Primary).
• Kong Hwa School.
• Tanjong Katong School.

Review Conclusion – Arina East Residences Investment Prospect

Arina East Residences offers a unique combination of luxury, convenience, and investment potential. Its favourable location, proximity to an MRT station, reputable developer and convenient access to amenities and leisure options, will appeal to discerning home buyers and property investors.

The transformation of Tanjong Rhu and the surrounding precincts, as disclosed by Prime Minister Lawrence Wong during his National Day Rally speech (read below), will further enhance the attractiveness of the locale.

Exciting Developments in Tanjong Rhu and Surrounding Precincts

New Waterfront Developments

In his inaugural National Day Rally speech on August 18, 2024, Prime Minister Lawrence Wong unveiled ambitious development plans for five waterfront precincts: Tanjong Rhu, Nicoll, Kampong Bugis, Marina East, and Marina South. These areas are set to be transformed into vibrant residential and mixed-use communities.

The comprehensive plans include a blend of residential and commercial spaces along with a range of sports, recreational, and healthcare facilities, as well as schools and parks.

Consistent with Singapore's green initiatives, these precincts will feature car-lite environments with extensive cycling networks and pedestrian-friendly streets, making them ideal for those seeking a sustainable and well-connected urban lifestyle.

Comparative Market Analysis

To evaluate the investment prospects of Arina East Residences, let's examine how the average prices of three nearby condominiums have performed - Crystal Rhu, Emerald East and Fort Gardens.

Comparative Market Analysis

As can be seen from the chart above, the average prices of all three developments have registered significant gains since they were launched:

1. Crystal Rhu: +131.06% (launched in February 1999).
2. Emerald East: +98.95% (launched in April 1998).
3. Fort Gardens: +152.11% (launched in Sept 1995).

Nevertheless, the launch prices of Arian East Residences need to be carefully considered vis-a-vis the other freehold developments in District 15. For example, new units at The Line @ Tanjong Rhu located just a 2-minute walk away and launched in August 2012, are selling around $2,600 psf to $2,700 psf.

Another new development, The Continuum, located at Thiam Siew Avenue and launched in May 2023, has transacted at an average price of $2,800 psf. Hence, they could pose significant pressure on the developer of Arina East Residences to price it competitively.

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