The Beacon

The Beacon is a leasehold (99 yrs from 2004) apartment completed in 2008. It is developed by CANTONMENT REALTY PTE LTD and designed by AXIS ARCHITECTS PLANNERS. The development occupies a land area of 3,742 sqm and a Gross Floor Area of 13,099 sqm. It consists of 124 units. According to records, buyers of this development are Singaporean 69.3%, PR 19.6%, Foreigner 10.4%, Company 0.7%.

THE BEACON is located along Cantonment Road in Bukit Merah, in District 2. It is accessible through the nearest MRTs including Outram Park EW16, NE3, TE17 and Tanjong Pagar EW15.

Based on transaction data in the last 12 months, sale prices range from S$ 1,396 psf to S$ 1,691 psf at an average of S$ 1,568 psf. Its highest recorded transaction was S$ 1,691 psf in May 2023 for a 807-sqft unit. Its lowest recorded transaction was S$ 510 psf in Jun 2006 for a 1,485-sqft unit. Its current rental yield is at 3.8%. Other nearby amenities include: 3 Grocerie(s): NTUC FAIRPRICE CO-OPERATIVE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, PAN PACIFIC INTERNATIONAL HOLDINGS PTE. LTD., and 3 Shopping Mall(s): TANJONG PAGAR PLAZA, AMARA SHOPPING CENTRE, 100 AM.

Buyers and tenants are attracted to District 2, which consists of Anson Road, Tanjong Pagar and Chinatown. Many buildings in District 2 have undergone upgrades, keeping pace with Singapore’s property evolution. As such, spanning across this busy metropolitan area are high-rise office buildings, residential blocks and commercial structures. Anson Road is renowned for its residential and commercial towers. Chinatown, just a stone’s throw away, is a distinctively historical and cultural enclave where major points have been declared national heritage sites. For foodies, one can find a wide variety of affordable and authentic local dishes at The Maxwell Food Centre that houses hawkers from the vicinity. District 2 is also home to Pinnacle @ Duxton, an iconic HDB project with seven 50-storey tower blocks linked with sky gardens at the 26th and 50th storeys that offer panoramic views of the city.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.