Who is the Developer of Kassia Condo?
Kassia Condo will be developed by Tripartite Developments, a highly esteemed property developer in Singapore, renowned for its impressive track record spanning over five decades.
Established in 1968 as a joint venture between three established names in the industry - Hong Leong Holdings Limited, City Developments Limited (CDL), and TID (a joint venture between Mitsui Fudosan Co. Ltd) – It has consistently delivered exceptional residential developments that cater to the evolving needs and aspirations of residents.
Throughout its journey, Tripartite has established a reputation for uncompromising quality, thoughtful design, and a deep understanding of the Singaporean property market. Their commitment to excellence is evident in their extensive portfolio of successful developments that include the following:
- Azalea Park
- Ballota Park
- Carissa Park
- Dahlia Park
- Edelweiss Park
- Ferraria Park
- The Gale
These developments showcase Tripartite’s commitment to delivering projects that exceed expectations consistently. Its rich experience and proven track record of success will inspire confidence in potential buyers and investors considering Kassia Condo.
What are the Prices for Kassia Condo?
The prices for Kassia Condo have not been released yet.
However, judging from recent property launches in OCR (Outside Central Region), we can expect prices to start from $2,000 psf upwards, especially for a freehold development. This would probably make it the most affordable freehold condo to be launched this year.
Kassia Condo could potentially be the most affordable freehold project in recent times as the developer acquired the land way back in 1968 and hence, will be able to price the development competitively.
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Where is Kassia Condo Located?
Kassia condominium is a development situated along Flora Drive in Singapore's District 17. Nestled within a tranquil private residential enclave, it offers a serene escape from the hustle and bustle of the city centre. The immediate surroundings are characterised by landed properties and low-rise condominiums, creating a peaceful and low-density atmosphere.
Some of its immediate neighbours are The Jovell, The Inflora and The Gale, launched in May 2019, October 2013, and July 2009 respectively.
Despite its tranquil setting, Kassia boasts convenient access to amenities. Residents can find a selection of supermarkets, eateries, and speciality shops at the nearby LIV@Changi mall and Komo Shoppes located a 12-15 minutes walk from the development.
However, the nearest MRT station is Tampines East on the Downtown Line (DT33), approximately 7 minutes drive away. Residents who drive will enjoy easy access to major expressways like the Pan Island Expressway (PIE), Tampines Expressway (TPE), and East Coast Parkway (ECP), ensuring smooth and faster travel.
Kassia Design Features
The development boasts modern architecture that focuses on creating a tranquil environment. Lush greenery and a meticulously planned garden landscape will surround the building, offering residents a sense of escape from the hustle and bustle of city life.
All units will feature high-quality finishes and European-brand appliances, reflecting the project's commitment to providing a luxurious living experience.
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Transport Connectivity for Kassia Condo Residents
Kassia Condo enjoys excellent connectivity. Residents can easily access various parts of Singapore through major expressways nearby like the Tampines Expressway (TPE), Pan-Island Expressway (PIE), and East Coast Parkway (ECP).
For example, a drive to the Tampines Regional Centre and Changi Airport takes a mere 9-11 minutes.
The nearest MRT station is Tampines East on the Downtown Line (DT33), which can be conveniently reached via a direct bus service (Bus No. 4) along Flora Road.
Nearby Amenities Near Kassia Condo
There is no shortage of shopping malls in the East where Kassia condo is located, making it an ideal home for families and professionals alike. The nearest are LIV@Changi Mall and Komo Shoppes located 12-15 minutes’ walk from the development.
Both malls will provide residents and the surrounding community with a vibrant, new neighbourhood hub. Together, they offer a wider variety of shops, restaurants, a Fairprife Finest supermarket, and many other entertainment options, all designed to serve the daily needs and leisure interests of the community.
Slightly further away and within a 5-10 minutes drive are several bigger shopping malls such as Changi City Point, Expo, Loyang Point, Tampines Mall, and White Sands.
LIV@Changi Mall
Komo Shoppes
Xtreme Skatepark
Forest Adventure
Popular Schools Near Kassia Condo
Parents seeking quality education for their children will find several popular schools within close proximity of Kassia Condo. According to a study from the NUS Institute of Real Estate Studies, properties located near schools have been found to command a price premium.
Some of these Schools include the following:
- White Sands Primary School
- East Spring Primary School
- Tampines North Primary School
- East Spring Secondary School
- Ngee Ann Secondary School
- Dunman Secondary School
Singapore University of Technology and Design
For post-secondary and tertiary education, the following are just 5-8 minutes’ drive from the development.
The most notable educational institution is SUTD, a highly-regarded university in Singapore.
- Tampines Junior College
- Tampines Meridian Junior College
- Singapore University of Technology and Design (SUTD)
- ITE College East
International Schools Near Kassia Condo
There are several international schools located near Kassia Condo, which could help attract rental demand from expat families working in the East. Located within a 4-11 minute drive are:
- The Japanese School (Primary, Changi Campus)
- UWC South East Asia (East Campus)
- Middleton International School (Tampines)
Major Employment Hubs Near Kassia Condo
Kassia Condo's proximity to several major business hubs makes it an attractive choice for professionals working in the eastern part of Singapore. Some of these include the following:
Changi Airport and upcoming Terminal 5: Changi Airport is one of the busiest airports in the world. But, with the construction of Terminal 5, equivalent to the size of Terminal 1,2 and 3 combined, ti will create more new job opportunities in the aviation sector.
Changi Business Park: A thriving business hub for finance, technology, and R&D that attracts major corporations due to its strategic proximity to the airport.
Changi Aviation Park: Strategically located near Changi Airport, it is a key centre for aviation-related businesses that serve the air cargo and aircraft maintenance sectors.
Tampines Regional Centre: Singapore's first regional centre comprising business offices, government services, and diverse shopping malls, it caters to residents and the eastern region's workforce.
According to the Changi Region Master Plan, the development of the Changi Terminal 5, Changi East Industrial Zone, Changi East Urban District, and Changi Aviation Park will transform the area into a thriving economic hub and create major employment opportunities. In turn, this will boost demand for housing.
Changi Airport Terminal 5
Changi Business Park
Review Conclusion: Investment Potential of Kassia Condo
Kassia Condo presents a compelling proposition for property investors. With its idyllic location within a private residential enclave, a strong developer track record, and well-designed features, the development can be expected to see healthy capital appreciation over time.
Moreover, property investors can benefit from an increase in housing demand due to its strategic proximity to major employment and business hubs. This will present them with the chance to generate consistent rental income on top of potential capital appreciation.
Moreover, there is no other GLS (government land sale) site in the Flora Drive neighbourhood. The last project launched was the Jovell in May 2019 and this is expected to stir pent-up demand.
An Analysis of Kassia Condo’s Investment Prospect
Meanwhile, to evaluate the investment prospect of Kassia Condo, let us take a look at how some condos in the vicinity have performed since their launch.
| Name of Development | Launch Date | Status | Price Appreciation (As of 22 March 2024) |
| The Jovell | May 2019 | 99-year | 18.32% |
| The Inflora | October 2013 | 99-year | 32.66% |
| The Gale | July 2009 | Freehold | 65.17% |
| Dahlia Park | October 2000 | Freehold | 81.48% |
Average Price Trend Analysis - Jovell, Inflora, The Gale, and Dahlia Park
As can be seen from the above chart, properties in the vicinity of Kassia Condo have performed admirably despite not being located within walking distance of an MRT station. This shows that families and property investors are attracted to its exclusivity in a private residential enclave while enjoying close proximity to good schools, amenities and major employment nodes.
Although recent new property launches have experienced generally tepid responses, some projects have done well. These include the J’Den at Jurong East which was launched on 11 November 2023 and Lentor Mansion on 6 March 2024, which achieved a strong take-up rate of 88% and 75% respectively.
J’Den’s stellar performance can be attributed to the exciting transformation taking place in the Jurong Lake District while Lentor Mansion’s attractive entry price was a draw for families and property investors alike.
Hence, Kassia Condo could benefit from the transformation of the Changi Region and its proximity to the Changi Airport which is just an 11-minute drive away, especially if the developer prices it realistically.
Meanwhile, the expectation of up to three US rate cuts by the Federal Reserve in the second half of the year could provide a boost to Singapore’s real estate market. This is because it would allow the Monetary Authority of Singapore (MAS) to loosen its policy stance, which will in turn lead to a decline in mortgage rates.
Therefore, Kassia Condo will provide property investors with the “first-mover” advantage before sentiment takes an upturn.
To receive the latest information on Kassia Condo (launch price, site and floor plans, and other project details), please WhatsApp Me.
Besides Kassia, you may also wish to check out other new property launches.
