Fraud Blocker
Your search results

Discover 7 New Condos Close to an MRT Station in 2023

Posted by Jayson Ang on January 25, 2023
| 0

TLDR

When it comes to finding the perfect home near MRT stations in Singapore, several exciting new launches stand out in various districts. From Sceneca Residence in District 16 offering proximity to Changi Airport to Terra Hill in District 5 providing low-density living near Pasir Panjang MRT, there are plenty of options to consider.

Blossoms by the Park in District 5 offers convenience with its proximity to NTU One-North and multiple schools, while Lentor Hills Residences in District 26 promises a family-friendly environment near Lentor MRT. Tembusu Grand in District 15 and Grand Dunman in District 15 both offer unique advantages, such as access to amenities and tranquil surroundings.

Additionally, The Reserve Residences in District 21 presents an integrated development near Beauty World MRT, catering to diverse needs with commercial spaces and dining options. Stay informed about these upcoming projects and make strategic real estate decisions based on your unique requirements and preferences.

Having a MRT station nearby can be a huge advantage for both homeowners and landlords. With fewer property launches expected in 2023 and high COE rates, it’s important to be more selective when searching for the perfect home.

So why not consider a place within walking distance of a train station?

Here are some of the potential launches this year to get you started:

1. Sceneca Residence (Recently Launched)

Location : Tanah Merah Kechil Link (District 16)

Developer : MCC Land

Lease : 99-years

TOP Year : 2027

Nearest MRT : Tanah Merah (East West Line)

Number of Units : 268

Notable details:

Sceneca Residence has proven to be one of the most sought-after launches in the first half of 2023, selling an impressive 60% of its 268 units. All one-bedroom units have been snatched up, leaving only a single two-bedroom + study unit still available. As of the time of writing, a total of 160 units have been sold!

Similar to The Poiz, Sceneca Residence is introducing much-needed amenities to the Tanah Merah area, including a supermarket and a floor of commercial shops.

With its close proximity to the Tanah Merah station and its connection to Changi Airport and the Singapore Expo, this property is an ideal investment opportunity for those looking to rent to airline personnel and airport staff.

The downside to Sceneca Residence is that it is encircled by many older, more cost-effective condos, which may be unfavorable to some investors. Furthermore, those who prefer a tranquil and low-density area may be put off, since traffic and development is considerable in the region.

2. Terra Hill

Location : Yew Siang Road (District 5)

Developer : Hoi Hup Realty/Sunway Developments

Lease : Freehold

TOP Year : 2026

Nearest MRT : Pasir Panjang MRT (Circle Line)

Number of Units : 270

Notable details:

Just a short five- to six-minute walk from Pasir Panjang MRT, Terra Hill is a great place to be for those who are into low-density living.

You’ll find mostly older landed homes and small boutique condos around Yew Siang Road. Plus, Kent Ridge Park is nearby, with its canopy walks and historical sites like Bukit Chandu—perfect for nature and history buffs who like going on hikes.

For shopping enthusiasts, Pasir Panjang MRT is the place to be! Located just three stops away from Harbour Front and four stops away from Buona Vista, you’ll find major malls such as Vivocity nearby.

And, if shopping isn’t your thing, you can always visit Pasir Panjang Food Centre, or just a short stroll away, a coffeeshop with plenty of food options. All in all, Pasir Panjang is the perfect destination for a fun and relaxed day out!

Living in this family-friendly neighborhood may be great, but the lack of nearby schools is a bit of a letdown. Investors, however, can still benefit from the bustling tech and media hub of One-North, although the more recently established One-North Eden is closer to the center and could prove to be a more desirable option for tenants.

3. Blossoms by the Park

Location : Slim Barracks Rise (District 5)

Developer : Hoi Hup Realty/Sunway Developments

Lease : 99-years

TOP Year : 2026

Nearest MRT : Buona Vista MRT (East West Line, Circle Line)

Number of Units : 275

Notable details:

The launch is already gaining a lot of attention as “the one near NTU One-North” and “the one near ACJC”. The highlights are clear: it’s right across the road from NTU One-North and within a five to seven minute walk from Anglo Chinese Junior College, Fairfield Primary and Secondary School, Anglo-Chinese School (Independent) and ESSEC Business School. Take a stroll down Slim Barracks to One-North Gateway Road and you’re almost there!

Strolling along the park, one can reach The Star Vista: a massive mall located close to the Buona Vista MRT station that fulfils the shopping and dining needs of the locals.

Moreover, there is Rochester Mall, which has many eateries (not to mention tuition centres), as well as Rochester Commons boasting even more dining options.

This project is located near One-North business hub, making it ideal for landlords to serve a wide range of customers: ESSEC students, locals, and the foreign workers at Fusionopolis, Biopolis, Mediapolis, etc.

For those who missed out on purchasing a unit at One-North Eden, this project provides a second chance! Comparable in accessibility and convenience to the 165-unit complex, it’s sure to be a tempting alternative for prospective buyers.

4. Lentor Hills Residences

Location : Lentor Hills Road (District 26)

Developer : GuocoLand/Leong Holdings/ TID

Lease : 99-years

TOP Year : 2026

Nearest MRT : Lentor MRT (Thomson East Coast Line)

Number of Units : 595

Notable details:

The highly anticipated Lentor Hills Residences will make its debut in 2023, located just next to Lentor Modern – an integrated development which links directly to the Lentor MRT station.

Benefiting from its close proximity, this new residential estate will share the advantages of its neighbour, albeit without the immediate amenities. However, don’t worry – Lentor Modern will soon be home to a variety of shops, eateries, and possibly even a childcare centre or early-childhood school.

Two standout factors make this area an attractive place for families.

Firstly, it remains in a low-density region, with neighbouring districts such as Florissa Park being mostly composed of landed housing. This, along with the URA’s goal to make it more pedestrian-friendly, makes it a great place to live.

Secondly, despite Lentor Modern appearing as a prominent rival, there are still not many condominiums in the area. Prior to Lentor Modern, Calrose was one of the few nearby condos, so buyers can consider themselves to be on the cusp of the region’s revival.

Buyers can expect to find a close comparison between Lentor Modern and other offerings, with the buying decision ultimately depending on preferences for facilities, layout, and finishing – details of which are yet to be released.

It’s worth noting that Lentor Hills Residences and Lentor Modern are both developed by the same company, offering some assurance of price protection for those who bought earlier.

5. Tembusu Grand 

Location : Jalan Tembusu (District 15)

Developer : City Developments Limited

Lease : 99-years

TOP Year : 2027

Nearest MRT : Tanjong Katong MRT (Thomson East Coast Line), due for completion this year

Number of Units : 638

Notable details:

It’s a stretch from the MRT station, but it’s not too bad; about 10 minutes or so on foot. Whether you’d call it close or not, that’s subjective. But compared to the situation before the Thomson East Coast line was introduced, public transport access has definitely improved.

Despite being situated in a low-density neighbourhood, Jalan Tembusu evokes the tranquil atmosphere characteristic of District 15. Although limited amenities are available in the vicinity, a six-minute drive will bring you to East Coast Road’s bustling hub of activity. There you will find i12 Katong, and a diverse selection of eateries ranging from high-end to affordable. This area is also known for its array of enrichment schools for children.

Living in close proximity to Tanjong Katong Road, you’ll find many delectable local eateries such as Punggol Nasi Lemak, Heng Long Teochew Porridge, and ENG’s Wantan Noodles just steps away. What’s more, prestigious schools like Tanjong Katong Girls’, Haig Girls’, and Chung Cheng High School are all within a one-kilometre Home-School Distance, so you can practically walk to TKGS in four to six minutes!

Due to the high number of boutique condos in the Katong area that already provide for the expat crowd, aspiring landlords should proceed with caution as there is an abundance of competition.

Nevertheless, Tembusu Grand offers larger facilities that may provide an advantage to buyers looking to make comparisons to Grand Dunman.

6. Grand Dunman 

Location: Dunman Road (District 15)

Developer: Sing HaiYi

Lease: 99-years

TOP: 2027

Nearest MRT: Dakota MRT (CC)

Number of units: 1,035

Notable details:

Grand Dunman has emerged as one of the biggest launches of 2023, boasting a whopping 1,035 units spanning an incredible 271,616 sq. ft. – leaving plenty of space for amenities, and lower costs for upkeep!

When all the specifics are released, we’ll update you. A jaw-dropping $1.284 billion was paid for this GLS plot, with just one other bid from a consortium of CDL and a few other developers.

Strategically situated in District 15, Grand Dunman and Tembusu Grand offer something for everyone! Whether you are a food enthusiast who likes to traverse the Old Airport Road stretch, or someone who wants to take a leisurely walk along Tanjong Katong Road, you can enjoy all the deliciousness that District 15 has to offer!

From the Dakota MRT station, it’ll take you about seven to nine minutes on foot to access the Old Airport Road, and just a few minutes to get to Tanjong Katong Road. Enjoy!

Dunman Grand provides a tranquil respite from the hustle and bustle of Paya Lebar Quarter, while still being just one train stop away from work for those working in the area. Plus, nearby schools Chung Cheng and TKGS are within walking distance – a mere 10 minutes away.

7. The Reserve Residences

Location : Jalan Anak Bukit (District 21)

Developer : Far East Organization & Sino Group

Lease : 99-years

TOP Year : 2027

Nearest MRT : Beauty World MRT (Downtown Line)

Number of Units : 845

Notable details:

Situated conveniently near Beauty World MRT station, The Reserve Residences is a truly integrated development with an expansive commercial podium of over 215,278 sq. ft. It boasts not just office spaces, but also a variety of shops and dining outlets. With developments such as Daintree Residence, View at Kismis, Forett, Verdale, Mayfair Modern and Mayfair Gardens either finished or close to completion, the demand for such services is sure to be high, making the commercial elements of The Reserve Residences a real hit!

Residents of the area are spoiled for choice when it comes to shopping and dining; Beauty World Plaza, a mall near the MRT, is a one-stop shop for all needs, with many food options available. If that wasn’t enough, the shophouses along Cheong Chin Nam are renowned for their late-night fare, while Beauty World Food Centre on the 4th level and Bukit Timah Market offer local cuisine.

At Reserve Residences, there will be a first-of-its-kind “intergenerational hub” community space – a concept which HDB has implemented in the past, yet never before seen in a private property. With a total land size of 3.22 hectares (346,310+ sq. ft.), this could be the perfect spot for an array of exciting opportunities!

Prices have yet to be revealed, however, given the luxurious location of Bukit Timah and Far East and its esteemed reputation, we expect costs to be quite steep.

Nevertheless, this District 21 development promises to be one of the most desirable condominiums in the area; situated close to the verdant greenery of Bukit Timah, but still offering convenient access to the MRT.

Parents with children will appreciate the vicinity of the sought-after Pei Hwa Presbyterian Primary School, although competition for admission will likely be high due to the high density of residential properties in the vicinity.

Other Upcoming Projects

Check back on my blog for updates about some of these exciting projects! Though some may not yet have a name or concrete details, I’ll be sure to keep you informed as these roll out.

Dig deeper into my in-depth articles on new and resale condos to read detailed reviews. Plus, stay on top of the latest developments and get an up-close look as they become available!

Should You Buy, Sell or Wait?

If you’re reading this, you must be trying to figure out the best course of action right now: is it the right time to buy or sell?

It’s difficult to give an exact answer since everyone’s situation is unique and what works for one person may not necessarily work for you.

I can bring you a wealth of on-the-ground experience and a data-driven approach to provide clarity and direction. From beginners to experienced investors, our top-down, objective approach will help you on your real estate journey.

I can help you by:

  1. Offering Strategic Real Estate Advice – I can help create a comprehensive plan to guide you through your property journey.
  2. Connecting Your Home with the Perfect Buyers – Through stunning visuals, an effective communication strategy, and an in-depth knowledge of the market, we’ll ensure your home is presented in the best possible way to fulfill your goals.

You May Also Like …


Top 5 Tips : How to Choose the Right Type of Property to Invest in Singapore – Expert Tips and Analysis!
Mandarin Top 5

Top 5 Tips : How to Choose the Right Type of Property to Invest in Singapore – Expert Tips and Analysis!

Investing in property has long been a popular method for growing wealth in Singapore. With million-dollar HDBs being sold and...
Read More
Great Reasons for Condo Owners to Sell upon Reaching TOP – A Guide to Sub-Sale Transactions
All Opinion Selling Tips

Great Reasons for Condo Owners to Sell upon Reaching TOP – A Guide to Sub-Sale Transactions

TLDR A recent sub-sale transaction in Midtown Modern set a new record with a 2-bedroom home selling at $3,150 psf....
Read More
Bayshore: Reinventing the Experience of Living by the Beach
All Buying Tips Opinion

Bayshore: Reinventing the Experience of Living by the Beach

TLDR When deciding on buying or selling property in Bayshore, consider the recent developments and potential future growth. With a...
Read More
Why There’s No Perfect Time to Enter the Market
All Blog Posts Buying Tips Opinion

Why There’s No Perfect Time to Enter the Market

TLDR When it comes to property transactions, understanding the factors influencing rising prices is crucial. The pandemic has driven up...
Read More
5 Things to Know About Singapore’s Public Housing System
Mandarin Top 5

5 Things to Know About Singapore’s Public Housing System

5 Things to Know About Singapore's Public Housing System With over 80% of Singaporeans living in public housing, it's important...
Read More
Exploring the Resale Condo Market? Here’s What to Watch Out For!
All Blog Posts Buying Tips

Exploring the Resale Condo Market? Here’s What to Watch Out For!

TLDR The impact of COVID-19 on Singapore's real estate market has been significant, leading to a surge in demand for...
Read More
The Top 5 Tax Considerations When Investing In Singapore Property
Mandarin Top 5

The Top 5 Tax Considerations When Investing In Singapore Property

When investing in Singapore property, it is essential to be aware of the various tax implications and considerations. Here are...
Read More
Top 5 Hawker Centres in Singapore for Local Food
Mandarin Top 5

Top 5 Hawker Centres in Singapore for Local Food

Singapore, a melting pot of diverse cultures and rich culinary heritage, is home to some of the most delectable local...
Read More
Learning Hard Truths in Property Investment: Timing the Market Can Hurt
All Buying Tips Opinion Selling Tips

Learning Hard Truths in Property Investment: Timing the Market Can Hurt

TLDR The blog post delves into the complexities of market timing in property investment, highlighting the risks and challenges associated...
Read More
What Type of Properties Can a Permanent Resident PR Buy in Singapore?
All Buying Tips

What Type of Properties Can a Permanent Resident PR Buy in Singapore?

TLDR When it comes to purchasing property in Singapore as a Permanent Resident or Foreign National, there are specific restrictions...
Read More
The Quick Guide For Buying Landed Property In Singapore
All Blog Posts Buying Tips

The Quick Guide For Buying Landed Property In Singapore

TLDR When it comes to purchasing a landed property in Singapore, there are three main types to consider: terrace houses,...
Read More
When Should You Consider Lowering the Price of Your Property That Has Been on the Market for Months?
All Blog Posts Opinion Selling Tips

When Should You Consider Lowering the Price of Your Property That Has Been on the Market for Months?

TLDR Selling a property can be challenging without the right price strategy. Adjust your asking price to attract more buyers...
Read More
What’s Needed For Singapore To Lift Those Cooling Measures?
All Opinion

What’s Needed For Singapore To Lift Those Cooling Measures?

TLDR The blog post discusses the recent relaxation of real estate restrictions in Hong Kong, contrasting with Singapore's stricter regulations....
Read More
5 Singapore Property Trends to Watch in 2023: Expert Weigh In
Mandarin Top 5

5 Singapore Property Trends to Watch in 2023: Expert Weigh In

5 Singapore Property Trends to Watch in 2023: Expert Weigh In Top 5 Singapore Property Trends to Watch in 2023...
Read More
Reach Your Goal of Owning a Flat Before You Turn 35 : Money-Saving Strategies
All Blog Posts Buying Tips

Reach Your Goal of Owning a Flat Before You Turn 35 : Money-Saving Strategies

TLDR Jayson Ang provides valuable insights on money-saving strategies to achieve the goal of owning a flat before turning 35...
Read More
Discover 7 New Condos Close to an MRT Station in 2023
All Blog Posts Buying Tips

Discover 7 New Condos Close to an MRT Station in 2023

TLDR When it comes to finding the perfect home near MRT stations in Singapore, several exciting new launches stand out...
Read More
Top 5 : Best Street Art Murals in Singapore
Mandarin Top 5

Top 5 : Best Street Art Murals in Singapore

Singapore, a vibrant and multicultural city-state, is not only known for its iconic landmarks and delicious cuisine but also for...
Read More
Singapore’s Real Estate Market: Disproving 5 Common Misconceptions
Mandarin Top 5

Singapore’s Real Estate Market: Disproving 5 Common Misconceptions

Singapore's real estate market is a complex and dynamic market that can be difficult to navigate for new investors. With...
Read More
Why Home Staging Is Important In A Competitive Real Estate Market
All Selling Tips

Why Home Staging Is Important In A Competitive Real Estate Market

Singapore's property scene has always been a powerhouse, effortlessly combining the new with the old. It's a real estate playground...
Read More
Debunked! 6 Popular Property Myths of 2023, Including the 99-1 Loophole – Legal or Not?
All Buying Tips Opinion

Debunked! 6 Popular Property Myths of 2023, Including the 99-1 Loophole – Legal or Not?

TLDR This blog post delves into various aspects of the Singapore property market, including topics such as decoupling, 99-1 property...
Read More

 

Compare Listings