Seaside Residences is a development that was launched in 2017, at a time when the market was considered to be soft. It was a rare new launch back then along this stretch of the ECP, where many of its neighbours like Mandarin Gardens and Laguna Park are much, much older.
This condominium in East Coast won the top bid at land price of $624,180,000 by FCL Topaz Pte. Ltd. (a unit of Frasers Centrepoint Singapore) JV Sekisui House, Ltd. and KH Capital Pte. Ltd (a unit of Kheong Hong Holdings). To that, Seaside Residences had a land price of around $858 psf ppr, with breakeven prices estimated to be around $1,400 psf.
Today, those who managed to snag prime units during its launch have profited well, with 36 profitable transactions so far (some have even achieved more than half a million in gross profits). So for those considering Seaside Residences, here’s what to expect with our Insider Tour!...