After a lull of a few months as older projects such as Amber Sky and Coastline Residences are beginning to clear stock, 2022 sets to be a stellar year for D15 in terms of new launches.
At the time of writing, there are 2 confirmed launched for Q2 2022, with another 4 projects looking set to launch for the remaining half of the year.
These are the launches to look out for in 2022.
LIV@MB
Launch Date: Apr 2022
Developer: Bukit Sembawang
Status: 99 Yr Leasehold
Land Size: 140,758 sq ft
Number of Units: 298
Location: Mountbatten Road
Expected Price: $2100 psf
Why Consider Liv @ Mountbatten?
Liv@ Mountbatten sits on the former Katong Park Towers. It is located 200 metres from the future Katong MRT. Located at the "Nassim Hill" of the East Coast, it is close to East Coast Park and Katong Park. It will be developed into a luxury condo by Bukit Sembawang. The developer is known for projects such as The Atelier, Luxus Hills and Nim Collection.
Bukit Sembawang Estates purchase the estate for $345 million. This translates to a land price of $1280 psf ppr. The expected launch would be at around $2000-$2200 psf based on the surrounding new launches around Meyer Road.
BAYWIND RESIDENCES
Launch Date: Apr 2022
Developer: Baywind Properties Pte Ltd
Status: Freehold
Land Size: 1719.4sqm
Number of Units: 24 Units
Location: 95 Lorong N Telok Kurau
Expected Price: For below $2000 psf
Why Consider Baywind Residences?
If you are looking for a spot in the East at an affordable price range, Baywind Residence will be your calling card. With only 24 units, this project looks set to be price efficient. Located at the landed enclave of Telok Kurau, it is just minutes away from the array of eateries along East Coast Road.
The upcoming Marine Terrace is about 900m away. For families, they have a good choice of Primary schools to choose from. Tao Nan Primary, Ngee Ann Primary, St Stephen's and CHIJ (Katong) Primary are all within 1 Km.
Pricing Guide
Judging from the recent launches at Infini at East Coast and La Mariposa with units coming in below $2000 psf, Baywind Residences will probably take the same route given the similarity in size and vicinity. The grapevine is that they will be focusing on 3 to 4 bedrooms. If this is the case, expect prices to dip to a possible $1800 psf if it is priced to sell.
THIAM SIEW AVE CONDO
Launch Date: 2nd Half 2022
Developer: Hoi Hup Realty Private Limited
Status: Freehold
Land Size: 2.45 ha
Number of Units: 2 land parcels with more than 800 units
Location: Thiam Siew Avenue
Expected Price: $2400 to $2800
Why Consider Thiam Siew Avenue?
Freehold new launches are the minority for 2022. Thus, when news of the sale of 2 plots of land on Thiam Siew Avenue was announced, it was met with much anticipation. These 2 freehold sites sit between Haig Road and Tanjong Katong Road in the prime District 15 in the East. Paya Lebar MRT and the malls Paya Lebar Quarters and Kinex are within walking distance. It is also near the famous eateries of East Coast Road and Joo Chiat Road.
Pricing Guide
The sites were sold for $815 million to a joint venture between Hoi Hup Realty and Sunway Development. Based on the price, the land price works out to be $1488 psf per plot ratio (ppr). If the price includes an estimated $39.3 million for 7% balcony space, the eventual price works out to be $1440 psf ppr. The expected launch prices are at $2400 and $2800 which is comparable to the nearby Amber region. Given the location and the potential of the Paya Lebar Central precinct, this is expected to draw huge interest in this development.
JALAN TEMBUSA
Launch Date: 2nd Half of 2022
Developer: CDL Triton
Status: Leasehold
Land Size: 210,622 Sq Ft
Number of Units: 640 Units
Expected Launch:2nd Half 2022
Location: Jalan Tembusa
Expected Price: $2300-$2400
Why Consider Jalan Tembusa?
The site is located near amenities such as the upcoming Tanjong Katong MRT, popular schools such as Tanjong Katong Primary school and Canadian Internation Schools. With eateries around Tanjong Katong and East Coast Road nearby, this makes a choice location for East Coast properties hunters. It is also 8 mins away from the city and 5-minute drive from East Coast Park making it an attractive location for work and play.
Pricing Guide
The site was sold via GLS for $768 million to City Developments Ltd (CDL). Based on the price, the land price works out to be $1302 psf per plot ratio (ppr) The expected launch prices are around $2200 to $2400 psf.
If you are would like to find out more about these launches or get a copy of the e-brochure, do drop us your information here and we will get back to you as soon as possible.
In addition, we will be offering the following services
1) Financial Assessment to assess your budget
2) A detailed analysis of the comparable developments
3) Showhouse and Site Viewing appointments
4) Legacy Planning and options for Second Property investments
