-- SL Capital (3) Pte. Ltd. (consortium led by Sustained Land Pte Ltd) is pleased to announce plans for the launch of their new condo, now known as Coastline Residences Condo, formerly known as Parkway Mansion. The consortium sealed the deal with a purchase offer of $146.99 million. The property is located at 9 Amber Road and will be named Coastline Residences. A total of $120 million in estimated development costs will bring the total investment to nearly $247 million. Among the factors which made the property attractive at the price, is its location just 100m away from the future Tanjong Katong MRT.
The re-development to be known as Coastline Residences Condo will consist of 17 storey structures comprised of apartments measuring between 169 sqm and 181 sqm. The allowable residential units approved by URA for the Coastline Residences site are 130 units measuring an average of 800 sq ft each. Owners of Coastline Residences units are expected to gain $4.5 million to $ 4.7 million in proceeds from the sale, depending on the size of their apartment.
More information is available at https://www.coastlineresidences.com.sg
Residents of Coastline Residences condo get to enjoy round-the-clock access to restaurants, popular shopping malls, schools and entertainment centres. The surroundings are packed with amazing architectural designs with great views. Investors like the area due to the high capital appreciation that guarantees good returns. Coastline Residences is also located close to several notable amenities.
The educational facilities located next to Coastline Residences include childcare centres, kindergarten, primary, secondary schools and international schools. Notable educational facilities include Tanjong Katong Girls’ School, Cherrie Heart Kids Cottage, Dunman High School, Chung Cheng High School, Tanjong Katong Primary School, Haig Girls’ School, Chung Cheng High School, Etonhouse International School, Canadian International School, and Chatsworth International School.
The availability of numerous shopping facilities close to Coastline Residences is remarkable. Ranging from convenience stores where future residents of Coastline Residences can source their daily needs to bigger shopping malls offering a blend of shopping and entertainment facilities. A shopping mall in proximity to Coastline Residences, Parkway Parade is about 0.4 km away. The shopping mall provides notable lifestyle facilities featuring Guardian Pharmacy and Starbucks café.
Location of the property can be found at https://goo.gl/maps/Wa2LzzXtGFP2
Contact Info:
Name: Mr Lim
Email: Send Email
Organization: Coastline Residences
Address: 9 Amber Road Singapore 439854
Phone: +6531388111
Website: https://www.coastlineresidences.com.sg/
Release ID: 465324
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