District 15 Freehold Landed Cayman Residences
Cayman Residences by Pinnacle Assets is a new freehold developmentwhich totals to a number of 45,249 square feet of site area. Cayman Residences will house approximately 19 units with various types of floor plan made available for the buyer to choose from. Cayman Residences consist of 1, 2, 3 bedroom units available. There are 2 types of facing available, Marine Parade Road facing and Upper East Coast Road facing. As a general guide, most of the units are North South facing surrounded by low lying landed properties as well. Located within District 15 between Marine Parade and the East Coast Avenue, the project seeks to combine comfort, facilities and accessibility.
Pinnacle Assets acquired this freehold site for $46 million. Besides the $46 million cost, the developer of the Cayman Residences need to pay for the change to residences usage which translates the total amount to about $1200 psf/ppr.
Currently, the prices of the units available have not been officially released. However, based on various estimations, the residence would be affordable and provide value for your investment. The prices will be within the satisfactory ranges especially for the area in which this development is located.
Looking at the map of Cayman Residences offers the best amenities that you need for a relaxed and lavish lifestyle. Many top-notch amenities are situated only a few miles away from its doorstep. The development is located near to the proposed Marine Terrace MRT Station as well as the Siglap MRT Station on the Thomson-East Coast Line. The Thomson-East Coast line connects directly to Bedok, Gardens by The Bay, Marina Bay, Shenton Way, Orchard as well as Upper Thomson and Woodland Interchange. Traveling to these areas are very convenient as the Thomson-East Coast Line connects to many different parts of Singapore.
For your educational needs, there are a number of educational institutions within the area. There is Victoria Junior College, St Patrick’s School and CHIJ Katong Convent.
Victoria Junior College was established in 1984 to replace the Pre-University classes in Victoria School. The school has been widely recognised as one of the top three junior college in Singapore that offer ‘A’ Level. It has won more than 140 major national sports championship titles in the National Schools Games, including the most coveted and competitive boys football title six times since 2001.
Residences is a redevelopment site located in the prime East Coast area where it is next to shopping centres such as Parkway Parade Shopping Centre, Siglap Shopping Centre and 112 Katong.
Siglap Shopping Centre is near to several eateries located at nearby buildings such as Killiney Kopitiam at Upper East Coast Road, Fast Food Restaurants at Siglap Centre and is close to Bedok MRT. It is also within reasonable distance to Cold Storage and Sheng Siong Supermarkets. It is also close to Kembangan Plaza for an array of amenities such as grocery and retail shopping, banks and more.
Within the Parkway Parade Shopping Centre, you will find a giant hypermarket, Isetan, Marks and Spencer, MPH Bookstore as well as a cinema and members gym. It remains a popular mall for shoppers because shoppers will be spoilt for choice within the clean, relaxing and enjoyable retail setting.