Blockbusting News: Mountbatten Residences is a brand new condo development located in one of Singapore’s most sought after home remain precinct, District 15. The plum site boast a site place of 140,758 square feet and a maximum gross floor area of around 295,591 sq ft. This implies that it could feature approximately 320 residential units. It stays on a considerably large plot of land in contrast to it’s counterparts. It is also surrounded by private properties and landed homes where some are Good Class Bungalows. There are lots of legacy around Mountbatten Residences too. Places like Katong and Haig road area still serves famous regional food amongst the many modern and chic restaurants. Visit the developer website to read more about Mountbatten Residences Condo in District 15 : https://www.mountbatten-residences.sg
The beauty of Mountbatten Residences lies in it’s unique place and the infrequent big plot of land. Considering Mountbatten being a property that is matured, most land are already occupied if not being modest. It’s worthy to say that transport infrastructures are set up also where residents can enjoy the new Katong Park MRT station poised to operate annually 2023. Interested parties may find out more about the development here – Mountbatten Residences – Former Katong Park Condo.
Aspiring home owners may proceed to view and obtain Mountbatten Residences Floor Plan & Mountbatten Residences E-Brochure if it’s ready.
It’s a site area of 140,758 square feet and is located about 200 metres later on Katong Park MRT Station, which is slated for completion at 2023.
The 99-year leasehold Mountbatten Residences condominium happen to be snapped up by property developer Bukit Sembawang Estates for S$345 million. Initially, Katong Park Towers has been put up for en bloc sale with a cost of no less than S$288 million. Thus the final tender price is roughly 20% over that. Homeowners for the standard apartment units at Katong Park Towers can anticipate a earnings move between S$2.25 million — S$3.23 million, even though the penthouse owners are able to expect payout beginning from S$4.95 million into a whopping S$12.08 million (because of its biggest penthouse unit).
The Mountbatten Residences website involves a 2.1 plot ratio as well as the future new launching project can be redeveloped into a 24-storey private residential development. In the selling cost of $345 million, the property rate for Mountbatten Residences equates to $1,280 per sq ft per narrative up to the expansion baseline, contemplating that an estimated $60 million to its leasing upgrading premium.
Other developments which are neighboring New Condo at Mountabtten Road comprise 8M Residences, Meyer Melodia, The View @ Meyer, The Meyerise, together with also The Seafront On Meyer.
New and Upcoming Condo in Arthur Road is roughly 200 m from Katong Park MRT Station which will begin working in 2023. As of present, Mountbatten Residences condo is about 1 km in Mountbatten Train Station which serves the Circle Line. Prospective residents of Mountbatten Residences Bukit Sembawang can have a brief stroll to Mountbatten Road which has bus services which will bring them right to the rail station. The Mountbatten Train Station is also just two stops from Paya Lebar Train Interchange where the East West Train Services are readily available.
Mountbatten Residences is Just a Concise space into the main Mountbatten Road which connects to Fort Road and the East Coast Parkway (ECP). This allows 6 minutes of drive to get into the Shenton Way out of Mountbatten Residences and 7 minutes of push to the Orchard Shopping Belt. The ECP also permits prospective residents to easily connect to different vital expressways such as the Kallang Paya Lebar Expressway (KPE), the Pan Island Expressway (PIE) and the Ayer Rajah Expressway (AYE) making driving to several components of Singpapore a cinch.
Mountbatten Residences Arthur Road is a brief drive from Leisure Park Kallang where a massive choice of leisure, eating and shopping centers are available like supermarket, food court and theatre.