Seaside Residences: The Ultimate Stay-cation

Those looking for luxurious seaside living will find themselves right at home at Seaside Residences, a new condominium launch near East Coast Park. Tenants of the modern building will be able to enjoy unobstructed vistas of the sea, as the East Coast Park beach just a 10 minute walk away. The Seaside Residences condo is conveniently located with direct access to the East Coast Highway, making it easy to travel to and from the Changi airport and to some of the top travel destinations in Singapore.

When tender sale was announced, there was a lot of optimism—and competition—for this development, with the top four bids all coming in at over S$800 psf ppr and falling within a 7% margin. The top bid ended up going to the esteemed Frasers Cenrepoint developer for a bid of S$624.18 million.

Tenants of this luxury beachfront condo can take advantage of the areas many shopping, dining, and commercial venues, as well as the endless options for outdoor activities and seasports. Not to mention, the building is architecturally designed to maximise ocean views, orienting over 70% of the condos to face the sea.

Development Fact Sheet

Project Details
Project NameSeaside Residences
AddressSiglap Road
DeveloperEast Vue Pte Ltd (Jointly Developed by Frasers Centrepoint Singapore, Sekisui House and Keong Hong Holdings)
Tenure99 years
Site Area19,309.6 sqm
Gross Floor Area67,584 sqm
No. of Blocks4 Blocks
No. of Storeys27 Storeys
No. of Units843 (including 2 commercial units)
Date of TOP01 April 2021

Frasers Centrepoint: Developers

As one of the largest and most established developers in all of Singapore, Frasers Centrepoint seems the perfect choice for the Seaside Residences project. The developers have already worked on over 21,000 residential homes, and have earned both national and global recognition for their outstanding projects. Some of the developer’s most prestigious awards include multiple nominations for the FIABCI Prix d’ Excellence Awards. Some of the company’s most high-profile projects include the St Thomas Suites, Azure at Sentosa Cove, Martin Place Residences, Flamingo Valley, Soleil@Sinaran, and more.

The Best Location for Seaside Living

Residents of this condo can also take advantage of an abundance of shopping opportunities. The Upper East Coast Road is completely lined with a diversity of shops and restaurants, ranging from hawker centres, to a Beer Garden, and even a Starbucks. The East Coast Lagoon Food Village and the Jumbo Seafood Centre also offer exquisite dining options—or if you’re not in the mood to stop by these locations you could always try to catch your own fish of the day at the Bedok Jetty premier fishing spot.

Commercial opportunities are only about to explode for Seaside Residents tenants, as the old Princess Theatre is almost done being redeveloped. In its place will be two cinemas, as well as several dining, shopping, and fitness options.

Comparable Developments

The seaside residences Frasers Centrepoint development is actually the first government land site sale along the East Coast Park since 2001—making its launch especially anticipated.

Many analysts have agreed that Seaside Residences is most comparable to Costa del Sol in terms of location, however, this condominium was completed in 2004 and only has an 81-year lease balance.

Other comparable projects include Axis @ Siglap (averaging $1,074 psf), Villa Marina (averaging $958 psf), and Fernwood Towers (averaging $1,151 psf). However, fans of Seaside Residences claim there is no comparison, as the building will boast modern luxury amenities that include 4 pools (with a 115-metre infinity pool), 12 different floorplans, and breathtaking unobstructed views of the sea. Not to mention, future tenants can enjoy the central location of Seaside Residences East Coast Park proximity, which is walking distance to the beach.

The condo’s direct access to various transportation routes also makes it easy for residents to travel to farther shopping venues. The district’s most popular mall, Parkway Parade, for example, is only a 10-minute bus ride away. Further, starting in 2023, residents will be able to hop on a train at the new Siglap MRT station that will be conveniently located within walking distance of the building.

In addition to the many commercial venues located nearby, the Seaside Residences Siglap location also positions it near several schools. The building is located right next door to the Victoria School, making it an attractive residence for families. Other nearby schools like the Nafa Arts Kindergarten, Ngee Ann Primary School, St Patrick’s Secondary School, and the Victoria Junior College, ensure quality education options for children of all ages.

Government Masterplan

The Urban Redevelopment Authority has already submitted a blueprint designed to maximise access to East Coast Park and introduce projects that will support a sustainable and vibrant garden neighborhood.

Tenants of the Seaside Residences condo can also see an exponential growth in their investment as the area continues on a trajectory of innovation thanks to the government masterplan.

Future residential and commercial projects are also expected to bring a wave of new interest to the area; and while there is some speculation that certain existing properties may experience a decrease in value as new developments arise, Seaside Residences is not only expected to retain its market value, but rather experience an increase in value as its close proximity to the beach means that its ocean views will remain unobstructed.

Locals in the area can already take advantage of the lively commercial district and relaxing surrounding nature, and with the projects proposed by the government masterplan residents will notice the modernisation of the precinct with even greater opportunities to enjoy a beachfront lifestyle.

This luxurious property will give you the feeling that you are on vacation every day, offering all the modern luxuries that you could want in a home. From luxurious amenities and elite design within the building, to endless dining, shopping, education, and entertainment options just outdoors, Seaside Residences can be a great place to raise a family and take in the ocean breeze.

With the condominium set to launch soon, investors have already started to express their interest in the available properties. If you are interested in purchasing a Seaside Residences condo, don’t wait! Call now to register your interest early and received updated sales prices!

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Grounded at the foot of the sea, with breathtaking ocean views from the clouds, the Seaside Residences condo offers the best of beachfront living.