Roxy-Pacific debuts Arena Residences

By Arena Residences / BROUGHT TO YOU BY ROXY-PACIFIC HOLDINGS | October 26, 2018 3:09 PM SGT

Rare freehold development in the Guillemard area priced from $1,694 psf

View of the Sports Hub and city skyline from the rooftop
THE LATEST project by Singapore-listed property developer Roxy-Pacific Holdings is Arena Residences. The 98-unit boutique development will hold previews on Oct 27 and 28, with the launch to take place the following week.
Arena Residences occupies a 2,457.7 sq m freehold site, an amalgamation of four land parcels at 2 and 6 Guillemard Lane, as well as 12 and 14 Guillemard Lane. “It is a rare freehold site in the eastern region of Singapore,” says Teo Hong Lim, executive chairman of Roxy-Pacific Holdings.
Most of the condominiums in the vicinity, particularly the Dakota area, have traditionally been 99-year leasehold projects. The last launch of a freehold project in the Guillemard area was a decade ago, namely that of the 45-unit Cosmo in 2008 (completed in 2012), and prior to that, the launch of the 44-unit Nicole Green in 2001, with the project completed in 2002. Teo says it is almost impossible to secure a freehold residential site in the area.
The 14-storey Arena Residences will tower over other projects in the neighbourhood
Attributes of the site include its connectivity, Teo notes. The CBD and Orchard Road are just a seven- to 10-minute drive away via the Central Expressway, East Coast Parkway, Kallang Paya Lebar Expressway and Pan Island Expressway.
Arena Residences is also located within 500m of Mountbatten MRT station, or a five-minute walk away. It is just two MRT stops from the Paya Lebar commercial hub and the Paya Lebar MRT interchange station for the East West and Circle Lines. The CBD is just three MRT stops away, and Marina Bay, just four stops away.
For those who enjoy an active lifestyle, the world-class sports facilities at Sports Hub are just one stop from Mountbatten MRT station. Likewise, the Old Airport Road Food Centre, which boasts many...