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Properties in District 15 (East Coast/Marine Parade), Why Are They So Popular?

Singapore properties in District 15 (East Coast/Marine Parade) are the most popular district in Singapore among local home buyers as well as expatriates, according to surveys and statistic, among the 28 districts in Singapore.

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District 15 is categorise in the Eastern Region of Singapore, along the famous East Coast Park as well as its surroundings. Some of the neighbourhoods in district 15 are Marine Parade, East Coast Road, Tanjong Rhu, Meyer Rod, Amber Road, Katong, and Joo Chiat area.

District 15 is near to the city connected by ECP Highway, as well as easy access to Changi Airport, which make it a very strategic location. There are many reasons why properties in district 15 are so highly sought after and desirable by home buyers, in this blog we would like to share a few reasons that make properties here so popular.

East Coast lifestyle

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Properties in district 15 offer residents with “East Coast lifestyle”, which mean they are located very near to the famous East Coast Park, which is extremely popular among locals as well as tourists.

East Coast Park is the biggest beach park in Singapore, it has a total land size of 185 hectares, and a scenic coastline that stretches over 15 km, and attracts a visitorship of more than seven million a year.

Some of the fun and relaxing activities that people like to do there include beach activities like swimming, picnic, relaxing and playing at beach, as well as many other activities like jogging and cycling along the park, barbecue and party, and kids playground and more.

There are also a lot of nice foods at East Coast Park, including the famous Lagoon Food Village and seafood restaurants.

In short, East Coast Park offer something for everyone, and living near to East Coast Park make your lifestyle more exciting and relaxing. It’s definitely one of the appealing factor for home buyers choosing to live in district 15.

Sea View:

A property that has sea view has X-factor, in anywhere in the world. Sea view commands a premium, whether is it for renting or future capital appreciation. It’s because properties with sea view are always highly sought after and in demand, and yet very low in supply. 

One example is the exciting new launch property, One Meyer, located at Meyer area, with beautiful sea view.

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Seaside Residences East Coast Park Sea View Day 1 - Properties in District 15 (East Coast/Marine Parade), Why Are They So Popular?

Amenities, Foods, and Unique Peranakan Heritage:

Katong/Joo Chiat areas have rich history of Nyonya Peranakan heritage, with many conservation buildings making this neighbourhood feel very different from any other parts in Singapore. This unique heritage, colourful buildings, and environment, plus its many amenities like good foods and shops, make this neighbourhood highly appealing and desirable to many.

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In addition, district 15 also have big shopping malls such as Parkway Parade and i12 Katong which offer convenience and exciting lifestyle for the residents here too.

Upcoming Thomson-East Coast Line MRT

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The upcoming Thomson-East Coast line is a game changer, especially for property market in the East Coast area. All along, even without MRT stations in East Coast/Katong/Marine Parade area, those properties are always in high demand, due to its many appealing factors that we discussed earlier.

Now with Thomson-East Coast Line connecting many places in district 15 to all the important places in Singapore and even all the way to Johor Bahru, Malaysia, it will significantly further enhance the appeal and attractiveness of properties in East Coast/Katong/Amber area.

For example, One Meyer that we mentioned earlier is located doorstep to Katong Park MRT station, and 2 other exciting new launch properties in Amber, Nyon at Amber and Amber Park are both located near to Tanjong Katong MRT station.

Thomson-East Cost line is one of the most important and extensive lines in Singapore, covering all the important places in Singapore, including East Coast area, Garden by the Bay, Central Business District (Shenton Way etc), Orchard, and all the way to Johor Bahru via Rapid Transit System (RTS).

When completed, properties near to the stations of Thomson-East Coast line will surely benefited and therefore increase in rental income and rental demand, as well as higher capital gain.

Summary:

Above are several key factors that make the properties in district 15 the most popular in Singapore. In 2019, it’s an exciting year for new properties in Amber/Meyer areas, which are the 2 most popular neighbourhoods in district 15.

There will be several new launches property in these locations, which will surely grab the attention of home buyers and property investors. A few of them include One Meyer, Nyon at Amber, and Amber Park, with several more to come soon.

Browse our website for more info and stay tuned for more upcoming info, or contact us if you are keen to find out more.

 

Regards,

Jack Ooi

Professional Real Estate Consultant (Singapore)

Contact Us HERE 

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Youtube Channel: https://www.youtube.com/channel/UCsttVaUP9IxNhryysHizwbg

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