It’s a widely known fact that Coastline Residences Condo is the most anticipated condominium developments in 2019, formerly known as Parkway Mansion, the lavish condo is located at 9 Amber Road District 15.
The condo sits on a prime and prestigious district, crafted on this plot will be an exclusive 2 blocks, 21 storey comprising of 144 units, the development will be a unit mix of 1-3 bedrooms catering to residents of various sizes.
The freehold condominium projects span over a site area of 38,975 sq.ft with a gross floor area of 109,131 sq.ft giving residents the ultimate freedom of moving around freely within their living space, Coastline Residences will have a plot ratio of 2.8.
Coastline Residences has excellent connectivity as its just 160 meters or 2-3 minutes from the upcoming Tanjong Katong MRT station that’s on Thomson East Coast Line that will start operation in 2023, providing access to other parts within the city center.
There are plenty of shopping, entertainment and eateries amenities within the property’s vicinity; there is convenience everywhere you go catering for all your needs and requirements.
Coastline Residences is nearby major expressways; it will take you approximately 5-6 minutes to reach KPE and PIE from the condo.
The condo is 10 and 14 minutes’ drive to CTE and TPE respectively making it easier and hassle-free to travel anywhere within the Island.
Drive from Coastline Residences to Orchard Road.
The renowned Orchard Shopping belt is 12-20 minutes from the condo, once you get to Orchard Road you will be treated to plenty of prestigious shopping malls and centers; residents will be spoilt for choice just imagine buying clothes straight from the fashion runway.
Drive from Coastline Residences to Raffles Place.
Raffles Place is the center of the downtown financial district; its 10-14 minutes’ drive from the condo ensuring residents always get to work early especially during the morning rush hour.
Fitness enthusiast will love this, it’s an 11-minute walk from Coastline Residences to Marine Parade MRT provided the weather is calm and conducive.
According to Google Map, it’s an 11-minute walk a distance of 850 meters to Tanjong Katong MRT station from the condo, residents can stroll to the MRT station as they enjoy the weather and scenic views of the city.
There is numerous bus stop within the condo’s vicinity providing residents with faster and efficient forms of transport to and from the property.
Coastline Residences Developer
Coastline Residences is developed by SL Capital Pte Ltd a subsidiary of Sustained Land Pte Ltd; a Singaporean based property developer who has numerous collaborations with various associates, subsidiaries and joint-venture.
Since its foundation in 2006, the holding company has a proven track record in developing quality and functional housing incorporating quality and style.
The group has a diverse portfolio of stylish and exclusive condominium development all over Singapore, since its inception the company has grown from strength to strength redefining the real estate landscape.
Over the years Sustained Land has developed outstanding projects, some of the notable development are:
Sturdee residences, a stunning condominium development in the midst of lush greenery landscape
8M residences, a towering architectural masterpiece over the Singaporean skyline.
Tre residences, the perfect blend between natural eco-system and modern development.
Ease of amenities is one of the key factors that residents look for and Coastline Residences is set to benefit owing to its close proximity new businesses.
To improve access, the government plans an overhaul of the transportation system; future underground Mass Rapid Transit station on the Thomson-East Coast Line will boost movement attracting residents to Coastline Residences increasing potential for high occupancy rates, rental yields and capital growth.
The ongoing construction of Tanjong Katong MRT that will be operational in 2023 will increase potential for high capital appreciation for nearby properties and Coastline resdidences is strategically located to benefit.
Paya Lebar will be transformed into a commercial hub attracting new businesses and industries creating employment opportunities to the surrounding population increasing the pool of tenants looking to stay at Coastline Residences.
A condominium development is not complete if there aren’t any nearby school, Coastline Residences is nearby prestigious schools than you can take your kids right from Kindergarten to Tertiary level.
Parents have plenty of options to choose from ensuring the schools their kids attend will be both beneficial to them and their kids; Tanjong Katong Primary School and Tao Nan School are some of the schools within a 1-kilometer radius from the property.
Parents with toddlers needn’t not worry, the condo is close to world-class baby daycare centers providing absolute care to your baby while you are at work.
Coastline Residences condominium pool deck and dining pavilion
Coastline Residences patio
Coastline Residences lush greenery Sky Gardens.
Coastline Residences Condo Floor plan
Coastline Residences facilities plan is important as it familiarizes new residents with the property’s surrounding, it also enables know their way around the condo and pinpoint facilities throughout the condo.
The unit distribution of the condo ranges from one bedroom to penthouse with modern furniture’s and fittings with comfortable spaces complementing the urban living lifestyle of its residents.
Units will have strong walls, high ceiling and huge window panes allowing in plenty of natural light creating the perfect ambience and cozy environment; it’s well thought out layout and efficient space management utilizes fully the available space minimizing wastage.
The site of Parkway mansion was bought at SGD$146.99 million with an estimated development charge of $21 million translating to a land rate of $1,539 PPF PPR.
After factoring in financing, development, marketing and overhead costs the breakeven cost to the developer will be $2,200 PSF.
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