For Sale $1,189,500 - Condominium, Residential
Kallang Riverside Condo Units for Sale
As a condominium construction project that is due to be completed within mere months’ time, the Kallang Riverside Condo units have been positively noted by many for the amenities, nearby attractions, and other benefits afforded by its location, price range, and overall potential as a desirable residence. The Kallang Riverside address for the condos is located at 51 Kampong Bugis, rendering it a convenient area to reside for easy access to a variety of nearby recreational activities, shopping centres, and other appealing facilities.
Condo Specifics and Last Transacted Sales Information
Built on the plot previously occupied by the Singapore Johore Factories Building, Kallang Riverside is one of two condo developments in the nearby area. The development consists of a single tower that will contain both residential and commercial units. The tower is planned to stand at 30 storeys high with 212 residential units and 7 commercial units.
Other notable specs for the project include:
- Tenure: Freehold
- Parking lots: To Be Announced
- Unit type: Fifty-two 1-bedroom units (517, 657, & 829 sqft)
- Eighty-four 2-bedroom units (1,001, 1,087, 958 & 1,012 sqft)
- Twenty-three 2-bedroom with study (1,033 sqft)
- Twenty-two 3-bedroom units (1,141 sqft)
- Twenty-four 3-bedroom Dual Key (1,432 & 1,572 sqft)
- Four 3-bedroom + study + family duplex (1,916 & 1,970 sqft)
- One 3-bedroom Penthouse (2,508 sqft)
- Two 4-bedroom Penthouse (3,154 & 3,498 sqft)
- Details regarding the Kallang Riverside car park for transportation purposes are yet to be announced but may be available upon request.
In addition, the last sales transacted price, according to data released by the Urban Redevelopment Authority (URA), was approximately $4.8 million for two units – a 3 bedroom + study + family duplex. Compared to the usual pace expected for selling larger units on condo properties, the larger units at the Kallang Riverside Condo have sold at a rate proportionate to its other units, which is attributed in part to its status as a freehold development. This means that the pricing has already been estimated based on the developer’s vision of how the condos will appear on the property’s location once construction is completed.
Pricing and Comparison to Other Nearby Developments
There is currently only one other condominium property in the surrounding area – The Rivervine, which is located along Kallang Road and farther in proximity to the amenities that will be closer to those who will reside at the Kallang Riverside condo address. Because of the variety of desirable amenities that will be available to those residing on this property, a large proportion of the project’s units have already been sold, but there still remain units for those that wish to make their own investment into what has become a popular and highly-anticipated condominium development.
Offering some of the largest 1 and 2-bedroom units available in Singapore, the Kallang Riverside condo developer’s price per square foot (PSF) starts at a median of, respectively, $2,174/$2,087. The median PSFs for other bedroom types are as follows:
- 3BR: $2,004
- 3BR DK: $2,018
- 3BR + S + family duplex: $2,540
It should be noted that those units offered at The Riverine only include 3 and 4-bedroom units, which may not appeal to those that are looking to buy a luxurious 1 or 2-bedroom unit for residential purposes. In addition, units at The Riverine are available at a starting size of 980 square feet, which is comparable to the smallest 2-bedroom unit offered at Kallang Riverside. In regards to sizing and space offered to residents, Kallang Riverside @ Kampong Bugis without question beats its closest competitor.
While the units have been very popular thus far since sales began, an updated price list is available upon request. With a quick call, those interested in investing in a space at Kallang Riverside may receive a price list that is up to date with currently available unit listings.
Surrounding School System for Parents with Children
Serving a very beneficial function for families and parents with children, the school system that residents of Kallang Riverside will have access to is of stellar quality. Located about 10 minutes away from the MRT station, transportation to schools for children may be adequate for those who are of age. Slight inconvenience may arise for families containing younger children, but there is still no substantial inconvenience in distance that should complicate any prospective resident’s decision to invest in the popular property units. With the quality of the nearby school system overriding any mild inconvenience afforded by distance, the surrounding school system for the condominium nevertheless offers a great deal of benefit to families residing within the units.
Nearby Shopping Centres and Amenities
Individuals that are adventurous and sociable may find a lifestyle much suited to their needs at this development. Built by the Kallang Riverside architect on land that is in accordance with the government’s Master Plan, the beautiful and generous property corresponds with the URA’s vision to create spaces that encourage the use of cars for transportation purposes. However, shopping centres surrounding the development’s area are significantly closer and more convenient than the distance that currently presents an obstacle for residents of The Riverine.
While residents of the latter are hindered by a lack of connectivity to the sociable lifestyle the surrounding area has to offer due to far proximity to shopping and other entertainment, this is set to change for those residing at Kallang Riverside. Serving as popular, prime real estate for future residents, with gorgeous sights already detailed within the Kallang Riverside brochure, those living on the mixed-development property owned by Singapore-Johore Express will have substantially more convenient access to a variety of lavish amenities.
Developments such as a grocery store, cafes, and indie shops are expected to be featured on the ground floor as well to provide residents with ultimate access to the best the area has to offer in property-owner amenities. These will be able to cater to the basic demands of residents on the property, as well as expectations of overall comfort. These new shops afforded with the utmost convenience to residents of the condos are being built on the redeveloping land of Kampong Bugis specifically to provide an added atmosphere of culture, excitement, and relaxation for individuals residing in the area.
Within walking distance along Lavender Street is the Asperia Mall, which stands large and bountiful with various food options for shoppers to explore, including the ever-popular Tim Ho Wan restaurant. In addition, across from the Lavender MRT Station (Exit B) are additional retail and culinary options for residents to browse. For instance, next to the ICA Building is the Golden Mile Food Centre as well as the Beach Road Army Market. Overlooking the Rochor and Kallang River on the stretch of road surrounding Kampong Bugis is the Japanese fusion restaurant, Kilo, which is also considered very popular in the area.
While the lush greenery and quiet environment offer a very desirable atmosphere for residential space, the shopping and other shops nearby additionally offer future residents the opportunity to engage in a variety of conveniently located amenities to best suit their needs.
Condos Complementing the Government Master Plan
The redevelopment and rejuvenation efforts that are being put forth in the Kallang area, as outlined in the Master Plan, have been proposed and thereby embraced in the planning of the upcoming Kallang Riverside condominium. A range of facilities and amenities are in the works with the hopes of providing not only beautiful views for residents of the units to enjoy, but a vibrant environment that provides excellent benefits economically, for leisure, and for transportation purposes.
The Master Plan for Kallang aims to provide Singaporean residents with ultimate accessibility to various facilities, recreational activities, centres, school systems, and job opportunities within nearby communities, promoting increased connectivity. The location of the Kallang Riverside condos excellently complements the conveniences outlined within the plan in regards to not only transportation but entertainment and easy access to rejuvenated centres and highlights within the community. This is only one residential development that is in the works to be constructed within the area for additional living spaces, but it holds a great deal of promise that has already been seized by many individuals and families that have recognized the beneficial features offered to those future residents of the condominium.
Resting at the epicentre within both an environment of tranquility and a business zone, the property of this promising development offers benefits to fit any lifestyle, with added conveniences and amenities that will be able to provide future residents access to the best the area has to offer. In addition, as outlined in the Master Plan, condominiums such as this are expected to offer improvements to the economy by providing more employment opportunities, as well as retail and amenity options that include: a retail mall at the Singapore Sports Hub, a mixed-use industrial development within close proximity to the junction of Lavender Street and Crawford Street, and a hotel development along Rochor Canal.
The area is expected to be bustling with a plethora of exciting opportunities and entertainment for those that prefer both the restorative properties of a tranquil environment, as well as the buzzing sociable lifestyle afforded by the developments to be constructed nearby. More details of the project may be viewed on the Kallang Riverside blog.
To receive more information on the property development, as well as an updated pricing list for those units still available, call now!
Kallang Riverside –Location Map
Kallang Riverside – Location Map
Details of Kallang Riverside
|Project Name||Kallang Riverside|
|Developer||Singapore-Johore Express (Pte) Ltd|
|Address||51 Kampong Bugis|
|Site Area||6,923.4 sqm|
|No Of Units||212 Residential Units
7 Commercial Units
|No of Block||6|
|No of Storeys||1 Block of 30 Storey Residential
4 Storey Low Rise Residential
|Unit Types||1 Bedroom : 517 – 829 sqft
2 Bedroom : 958 – 1087 sqft
2 + Study : 1033 sqft
3 Bedroom : 1141 sqft
3 Bedroom Dual Key : 1432 – 1572 sqft
3 + Study + Family Duplex : 1916 – 1970 sqft
3 + Study Penthouse : 2508 sqft
4 + A/V Room Penthouse : 2228 – 3154 sq ft
4 + Study + A/V Room Penthouse : 3498 sqft
|No of Carpark Lots||212 Residential Lots
8 Commercial Lots
3 Handicapped Lots
|Expected TOP||31st December 2019|
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