SEASIDE RESIDENCES: Bedok Apartment, Condominium | Details & Reviews

Name: SEASIDE RESIDENCES
Brand: SEASIDE RESIDENCES
SKU: SEASIDE RESIDENCES
Rating: 2.8 (5 reviews)

Seaside Residences

Note: This project has high transaction volume. For performance reasons, a default 5-year time frame has been selected. You may change this in the Report Options above

Sale Price *

Average

S$ 2,215 psf

Range

S$ 1,934 - 2,487 psf

Rental Price **

Average

S$ 6.5 psf pm

Range

S$ 3.9 - 8.7 psf pm

Rental Yield **

3.5%

Rental income expressed as a percentage of the property's value.

Amenities

2.7

Convenience

4.2

Connectivity

Details

No data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities

0 Facilities Available

Description

Seaside Residences is a leasehold (99 yrs from 2016) apartment, condominium completed in 2021. It is developed by EAST VUE PTE LTD. The development occupies a land area of 19,514 sqm and a Gross Floor Area of 68,301 sqm. It consists of 841 units. According to records, buyers of this development are Singaporean 82.5%, PR 11.1%, Foreigner 6.2%, Company 0.2%.

Seaside Residences is located along Siglap Link in Bedok, in District 15. It is accessible through the nearest MRTs including Laguna Park TE28 and Marine Terrace TE27.

Based on transaction data in the last 12 months, sale prices range from S$ 1,934 psf to S$ 2,487 psf at an average of S$ 2,215 psf. Its highest recorded transaction was S$ 2,667 psf in Apr 2021 for a 581-sqft unit. Its lowest recorded transaction was S$ 1,421 psf in Apr 2017 for a 807-sqft unit. Its current rental yield is at 3.5%. Other nearby amenities include: 3 Grocerie(s): HAO MART PTE. LTD., NTUC FAIRPRICE CO-OPERATIVE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD.

Buyers and tenants are attracted to District 15, which includes Tanjong Rhu, Meyer, Marine Parade, Katong, Amber Road, Joo Chiat and the area around East Coast. A large proportion of the district is zoned for residential development. The district is currently served by the Circle Line and East-West Line via Paya Lebar, Eunos, and Aljunied MRT stations. There is a wide coverage of bus service connecting passengers to and fro the Central Business District as well. Joo Chiat was zoned as a conservation area in 1993. A large number of shophouses, which retain its original look since the earlier years, can be found along Joo Chiat Road. Separately, Meyer Road stretches from Tanjong Rhu Road to Tanjong Katong Road. Located across from the East Coast Park, Meyer Road is easily accessible by the East Coast Expressway extending from the city to the Singapore Changi Airport. Residents in this district have plenty of shopping options such as Parkway Parade, i12 Katong and Katong Shopping Centre.

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.

What they say

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"Luxurious resort living development with an amazing seaview and great neighbors"

L T

Google Review | 27 Jun 2022

"Notice the 5-star or good reviews are from property agents trying to make this place seem more desirable. Read the other reviews, it is true that it is extremely noisy here, the road and constructions -- I'm quite disappointed in myself for not realising when I was viewing the apartments here. I would like to add my own personal experience at Blk 10. There are often works done on the outer building, cannot enjoy the scenery as the workers are hanging outside the window, talking loudly amongst themselves and looking into your house. What's worse is that the ropes keep swinging violently against something outside, making extremely loud thud sounds, every time my heart skips a beat as I worry the window is going to break. They also don't remove the ropes so the sounds continue throughout the night whenever the wind blows. Very inconsiderate because this carries on for weeks and weeks. Very terrible, not conducive for sleeping, working or relaxing."

A*** D****

Google Review | 20 May 2022

"Stunning brand new condo in the East. Stone away from East Coast Park and future Siglap MRT station, the residents truly enjoys a great lifestyle with resort style facilities and a good size balcony that overlooks the beautiful sea view Im glad that my client had made a right choice with the development"

J********* O**

Google Review | 03 May 2022

"Very noisy, cannot sleep well at night, keep waking up due to loud noises from motorcycle engine sounds on the highway, hoards of motorcycles driving through from evening and throughout the whole night, and MRT construction going on even at 3am-4am. Many inbuilt appliances are poor quality too with many bugs, doesn't function well despite being brand new. Staying near the beach sounds like a very nice idea and concept, but the nightmare begins when actually staying here..."

B***** D****

Google Review | 15 Feb 2022