Residences 88

Residences 88 is a freehold apartment completed in 2013. It is developed by KT DEVELOPMENT PTE LTD. The development occupies a land area of 941 sqm and a Gross Floor Area of 284 sqm. It consists of 28 units. According to records, buyers of this development are Singaporean 66.7%, PR 33.3%, Foreigner 0.0%, Company 0.0%.

RESIDENCES 88 is located along Lorong Marican in Bedok, in District 14. It is accessible through the nearest MRTs including Kembangan EW6 and Eunos EW7.

Based on transaction data in the last 12 months, sale prices range from S$ 1,556 psf to S$ 1,556 psf at an average of S$ 1,556 psf. Its highest recorded transaction was S$ 1,556 psf in Dec 2023 for a 431-sqft unit. Its lowest recorded transaction was S$ 836 psf in Jan 2012 for a 1,023-sqft unit. Its current rental yield is at 4.3%. Other nearby amenities include: 3 Grocerie(s): NTUC FAIRPRICE CO-OPERATIVE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, and 1 Shopping Mall: KEMBANGAN PLAZA.

Buyers and tenants are attracted to District 14, which covers Eunos, Geylang, Kembangan and Paya Lebar. It is one of the most historically and culturally rich zones. These areas comprise predominantly HDB flats, private non-landed homes and shophouses. Eunos, Kembangan and Aljunied MRT stations serves the district via East-West Line, while Paya Lebar MRT station is the interchange station of East-West Line and Circle-Line. Geylang is one of Singapore's Malay settlements, and is known for its rich Malay heritage. Visitors to Geylang Serai can enjoy the sights of Ramadan lights and various foods at the bazaar during Ramadan. The neighbourhood is also home to many shophouses and a rich nightlife scene. Major shopping malls in this district are Paya Lebar Square and Kallang Wave Mall, which offer a variety of retail and dining options. Separately, Paya Lebar is envisaged to be a new sub-regional centre with industrial, technological and commercial developments.

With a land area of 11,000ha, the East Region is the smallest and second most densely populated of the five regions in Singapore. The region is a key aviation hub, housing the Paya Lebar Air Base and Changi Naval Base. Major airlines such as Singapore Airlines, Scoot and Jetstar also has their head offices in the area. Other major economic activity includes manufacturing, with industrial estates in Bedok, Changi, Pasir Ris, Tampines and Paya Lebar. Changi Business Park also hosts a number of MNCs such as Standard Chartered and IBM. Going forward, the government has plans to create more semi-conductor and aviation-related jobs at Tampines North, Pasir Ris and Changi. Aside from the bustling economic activity, residents benefit from a wide variety of green and play spaces in the region. Residents will also enjoy increased connectivity to other parts of Singapore with the upcoming Cross Island Line and Thomson-East Coast Line.