Upcoming property projects in Singapore’s East Coast: Should I invest?

One of the most popular homes in the Eastern Part of Singapore would be the properties that are close to East Coast Park – a beautiful waterfront region facing the Singapore Straits, that provides a wonderful range of attractions for all its residents and visitors. East Coast is a known hotspot of activity, and definitely an attractive location for real estate investors, homeseekers and renters. But before you put a down payment for a property in the East Coast, read on to get an idea of the East Coast area, lifestyle, homes, and more.

East Coast lifestyle

Proximity to East Coast Park

Providing a perfect getaway for those looking to get away from the hustle and bustle of Singapore’s busy city life, the East Coast area is home to Singapore’s East Coast Park, a beautiful nature park with a scenic coastline that stretches over 15km. It offers a myriad of activities ranging from camping, BBQ, cycling, wakeboarding, canoeing and is also home to a wide variety of eateries including the popular East Coast Lagoon hawker centre.

Accessibility

East Coast is located just beside Singapore’s Central Business District – a short 5- to 15-minute drive away and only another 10 to 15 minutes away from Changi International Airport and Jewel.

Not only is it a good schooling district, with proximity to notable schools such as Tao Nan School, Victoria School, Dunman High, CHIJ (Katong) Primary, Tanjong Katong Primary and St Hilda’s, it is also known to many as one of Singapore’s food paradise.

Residents of East Coast will find themselves spoilt for choices when it comes to good food. Be it authentic Peranakan cuisine along Katong, seafood or dim sum at Geylang, hawker fare at Old Airport Road, or the countless hip brunch and dessert cafes available in the area, East Coast is truly a treasure trove of delicious eats.

The East Coast: Good investment potential?

Offering its wide range of activities, schools and restaurants, it is no wonder East Coast has become popular with property investors. Being a waterfront region, properties within walking distance to East Coast Park can fetch a higher premium in terms of capital yield, especially if the property offers an unobstructed sea view. As this area is fairly popular among both Singapore citizens and expatriates, properties in this region are not too difficult to rent out. For a long time, a major drawback of this area was a somewhat low connectivity with Singapore’s MRT network, but with the upcoming Thomson East Coast MRT line, there might be a boost in property values in the East Coast. This is especially the case for properties located near the Tanjong Rhu, Katong Park, Tanjong Katong, Marine Parade, Marine Terrace, Siglap, Bayshore, and Bedok South MRT stations.

The bottom line: The East Coast is still an up-and-coming region in Singapore. There are certainly many good points, but there are also kinks to iron out, especially in terms of its public transport connectivity with Singapore’s CBD. However, the East Coast is continually in development, both in terms of its transport network and as a major hotspot for recreation and sporting activities in Singapore. With all these developments on the horizon, there really could be good growth potential in this area in the years to come.

Property Projects in the East Coast

Amber Park

Amber Park

Credit: City Developments Limited

Location: 18 Amber Gardens, Singapore 439980

Property type: Freehold Condominium

Expected TOP date: late 2023

Approximate price range: $2,000 – $3,000 per square ft

Home types offered: 1-bedroom, 2-bedroom, 3-bedroom, 4-bedroom, 5-bedroom, and 6-bedroom homes are available in Amber Park.

Why it’s popular: The Amber Park condominiums will be located just a short 10-minute walk from the upcoming Tanjong Katong MRT station, and an even shorter 5-minute walk from the Katong Shopping Centre. What’s more, the Amber Park boasts good security and a wide range of apartment sizes! That is, families of all sizes will be able to find their place in this beautiful condomimium.

Meyer Mansion

Meyer Mansion

Credit: Guocoland

Location: 79 Meyer Rd, Singapore 437906

Property type: Freehold Condominium

Expected TOP date: 2024

Approximate price range: $2,300 – $3,300 per square ft

Home types offered: The Meyer Mansion offers 1-, 2-, 3- and 4-bedroom options. Larger premium homes are available for the 3- and 4-bedroom apartments.

Why it’s popular: The Meyer Mansion is located between the upcoming Katong Park and Tanjong Katong MRT stations, where it provides its residents with easy access to Singapore’s public transport network, as well as to major roads like the East Coast Parkway and Mountbatten Road. With its unblocked sea view, excellent connectivity, and countless amenities, it’s no wonder that the Meyer Mansion launch has been so popular!

Coastline Residences

Coastline Residences

Credit: SL Capital (3) Pte Ltd

Location: 9 Amber Rd, Singapore 439854

Property type: Freehold Condominium

Expected TOP date: Dec 2022

Approximate price range: $1,000,000-$3,000,000

Home types offered: In addition to 1-, 2-, and 3-bedroom apartments, you can also opt for the 5-bedroom penthouse homes!

Why it’s popular: Besides having an amazing sea view, Coastline Residences will be located just a 10-minute walk from the upcoming Tanjong Katong MRT station, giving its residents added accessibility to the other regions of Singapore. Plus, plenty of amenities are located nearby, including Katong Shopping Centre, Parkway Parade, Marina Bay Golf Course, and of course, East Coast Park itself!

Nyon

Nyon

Credit: Aurum Land

Location: 12 Amber Road, Singapore 439858

Property type: Freehold Condominium

Expected TOP date: Sep 2022

Approximate price range: $1,228,000-$3,326,000

Home types offered: Nyon offers 1-, 2-, and 3-bedroom apartments.

Why it’s popular: With its wide range of facilities, Nyon has been designed to cater to both small families, and for those flying solo. Its facilities include a cool treehouse playground, a clubhouse, and even a lovely sea view patio where you can relax and enjoy the panoramic scenery before you. This condominium is also located near the upcoming Tanjong Katong MRT, which means there might be capital growth in its future.

Disclaimer: PropertyHunter is not responsible for inaccuracies.

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