Where is The Arcady Located?
The Arcady is located just off Serangoon Road (between Farrer Park and Potong Pasir) in a rather quiet area. Opposite it and across Serangoon Road is the Bendemeer Primary School.
Basically, it enjoys mostly unblocked views from the north-east to south-west facings which comprise mostly low-rise buildings and shophouses.
However, between its west and north facing are some high-rise HDB flats. Nevertheless, units on the upper floors of The Arcady should get relatively good open views.
Kallang Master Plan
Meanwhile, The Arcady can be expected to benefit from the Kallang master plan.
Currently, Kallang is well-served by commercial and community facilities but the area will be further rejuvenated with quality housing, including new waterfront developments, green spaces, waterbodies, and new leisure options for residents.
At the same time, the Kallang River, which is Singapore's longest and just 500m from The Arcady, will feature new waterfront homes with park-like environments for residents. Its riverbanks will be enhanced with new walkways and cycling routes, providing residents with more recreational options and improving connectivity between Bishan and the city.
All these exciting developments can be expected to boost property values in the surrounding areas.
Excellent Public Transport Connectivity
The Arcady condo is located just 6 minutes walk from the Boon Keng MRT station on the North-East Line. This will offer residents a direct route to Downtown Singapore such as Dhoby Ghaut, Clarke Quay, and Chinatown.
The Boon Keng MRT station is also just 2-3 stops from the following MRT interchanges:
- Little India (North-East/Downtown Line)
- Dhoby Ghaut (North-East/North-South/Circle Line)
- Serangoon (North-East/Circle Line)
These MRT interchanges will make travelling around Singapore a breeze.
In addition, the bus stop is just a 1-2 minute walk from The Arcady along Serangoon Road. However, this is a one-way street and if you are coming home from the opposite direction in Bendemeer Road (another one-way street), there will be a little bit more walking.
Nevertheless, this should not be a big issue as most would likely take the MRT if they are not driving.
Expressways Near The Arcady Condo
For those who own private transport, the Pan Island Expressway (PIE) Central Expressway are just 3-4 minutes drive from The Arcady. They will offer quick and convenient access to major regional centres in the north (Woodlands Regional Centre), east (Tampines Regional Centre & Changi Region), south (Greater Southern Waterfront), and the redeveloped Paya Lebar Airbase in the future.
In addition to the above-mentioned, The Arcady condo is also a short drive to key employment centres such as Paya Lebar Sub-regional Centre, Paya Ubi Industrial Park, and Kallang Basin Industrial Park, to name a few.
Hence, The Arcady could appeal to people working in these areas.
Shopping Malls Near The Arcady
Bendemeer Shopping Mall
There aren’t any major shopping malls near The Arcady. The nearest mall is the Bendemeer Shopping Mall about 8 minutes walk away. It is a neighbourhood mall that offers a wide range of goods and services.
It is a covered pedestrian mall, which shields shoppers from the sun and rain. One of the main attractions is the Bendemeer Market and Food Centre which sells a wide range of speciality food, vegetables, fresh fish and meat, and more.
Hence, residents of The Arcady can easily get fresh produce for home-cooked meals without having to stock up.
Major Shopping Centres Near The Arcady
As The Arcady is only a short walk to the Boon Keng MRT station, several shopping centres are just 1-3 stops away. These include:
- The Poiz Centre (Potong Pasir)
- Woodleigh Mall (Woodleigh)
- NEX (Serangoon)
- City Square Mall (Farrer Park)
- Plaza Singapura (Dhoby Ghaut)
Together, they provide residents with a plethora of retail, leisure, entertainment and dining options.
The Poiz Centre
City Square Mall
NEX Shopping Mall
Plaza Singapura
Kallang Community Club
Farrer Park Hospital
Bendemeer Primary School
Kong Hwa School
Hong Wen School
St Andrew's Junior College
The Arcady Review Conclusion
Given the relative lack of property launches in the area, The Arcady is likely to attract decent interest, if priced right of course.
Some of the most recent launches near The Arcady are Jui Residences, 1953, and Myra. They were launched in September 2018, March 2019, and September 2020 respectively. All of them have been sold out, attesting to their attractive locational attributes and freehold status despite being small developments comprising just 117 units, 58 units, and 85 units respectively.
Hence, with The Arcady’s bigger land size, residents can look forward to more facilities, which will appeal to a wider range of home buyers, especially families with children. And being a mid-size development, residents will also enjoy more exclusivity.
Average Price Trends Comparison
Meanwhile, let’s examine how Jui Residences, 1953, Myra, and Eight Riversuites have performed since their launch.
We will also examine the average price performance of private properties in District 12 starting May 2012 to the present. The reason for using May 2012 as the starting point is to coincide with the launch date Eight Riversuites. This will enable us to compare how District 12 has performed vis-à-vis a particular development that has been around for a sufficient length of time.
Hence, it will provide us with some insights into its average price performance as well as private properties in the vicinity in general.
Eight Riversuites is located at Whampoa East, right in between Serangoon Road and Bendemeer Road, and just 5 minutes walk from The Arcady. However, compared to the other developments which are freehold, it is a 99-year leasehold condo development comprising of 843 condos and 19 landed units.
Average Price Trend Comparison: Eight Riversuites vs Jui Residences vs1953 vs Myra vs District 12
As can be seen from the chart, the following are the average price performances of:
- Jui Residences: +8.65% (launched September 2018)
- 1953: -1.17% (launched March 2019)
- Myra: +24.32% (launched September 2010)
- Eight Riversuites: +31.74% (launched May 2012)
- District 12: +24.41%
From the above, only 1953 has shown a slight loss. However, it should be noted that it is a residential cum shophouse development at Tessensohn Road in District 8, and not District 12, where The Arcady is located. It is also a very small development with only 58 residential units and hence, may not be representative of actual market sentiment.
As for the rest, they have performed quite well, which should bode well for The Arcady condo.
