The Alexandra View Project is among the slew of projects set to be launched next year in Singapore that is expected to attract a keen interest among home buyers. The tender of the housing site received an impressive 10 bids which indicate the potential of the Real Estate industry in Singapore. Tang skyline took the top bid of $376 million which is approximately $850 psf ppr. The 0.8 ha site is bounded by Tiong Bahru Road and Leng Kee Road and is located right at the epicentre of Singapore next to the Redhill MRT Station. The site is set to be developed into commercial and residential apartments with more than 400 residential units expected to be constructed.
Artra Condo Commercial Mix Development Redhill
Other developments that border the Alexandra view Artra site include; Tanglin residential district (which is one of the most exclusive and most sought after residential locations in Singapore), Ascentia Sky, The Crest, Commonwealth Towers, Tanglin View, The Alexis, and Tanglin Regency. Future tenants are expected to enjoy some of the best conveniences that come with living near a large efficient metropolitan area. The apartments will be constructed at close proximity to the Redhill MRT Station which serves East-West railway line. This will give future residents of the Alexandra site opportunity to access parts of the vast city including; Singapore Downtown Financial district, Singapore’s international Airport, industrial district of Tuas and the Jurong lake District.
Tang City Artra Condo Singapore
Similarly, those working in the Singapore’s Central Business District (CBD), the proposed apartment sites will offer a great relief from traffic jams that have become synonymous with large metropolitan areas as the site is only 5 minutes’ drive from the central business district. The Alexandra view site is close to the Ayer Rajah Expressway (AYE) and the Central Expressway (CTE) which have conveniently shorten the distance between various locations in Singapore. There is a childcare centre as well as mix F&B and retail commercial shops available at Artra. There are also a number of schools, hotels, and entertainment spots nearby the Alexandra view site such as Zhangde primary School, Henderson Secondary School, Valley Point Shopping Centre, Anchor point Shopping Centre, and Redhill Food Centre.
Redhill Alexandra Condo Mix Development Singapore
According to Real Estate experts, the property is located in a prime location that is well served with transport and other essential social amenities which make the developers interest to be a little bit high. Though the real estate market is currently down, the units are expected be sold out within months of completion going by the performance of similar properties such as the High park Residence that is located in Thanggam LRT Station.