Roxy-Pacific Holdings, a property developer, will be giving a preview of their latest project, Bagnall Haus, on Saturday, January 4. The project, located on Upper East Coast Road, will consist of 113 units and two shop units. The former Bagnall Court was purchased by Roxy-Pacific for a total of $115.28 million in February of 2023 at a land rate of $1,106 psf ppr.
The five-storey block will offer a mix of one-bedroom plus flexi apartments starting at 495 sq ft, up to five-bedroom units of 1,528 sq ft. Prices for the one-bedroom plus flexi units start at $1.235 million ($2,495 psf). According to Teo Hong Lim, executive chairman of Roxy-Pacific Holdings, the average indicative price for the development will be around $2,450 psf. The official launch date will be announced after the preview this weekend.
When it comes to investing in a condo, financing is a crucial factor to consider. Thankfully, Singapore provides various mortgage choices for potential investors. However, it is crucial to be familiar with the Total Debt Servicing Ratio (TDSR) framework, which sets a limit on the amount of loan a borrower can take based on their income and current debt obligations. To navigate this framework effectively, it is beneficial to seek the guidance of financial advisors or mortgage brokers. By doing so, investors can make well-informed decisions about their financing options and avoid overstretching themselves financially. For more information on Singapore Projects, click here: Singapore Projects.
Bagnall Haus will be conveniently located less than a five-minute walk away from the upcoming Sungei Bedok MRT Interchange Station for the Thomson-East Coast (TEL) and Downtown (DTL) lines, set to be completed in 2028. It is also a short distance from the Upper East Coast Bus Terminal. Additionally, residents will be able to enjoy the future amenities at the new Bayshore precinct, as the project is located across the road from a planned commercial and residential development.
The last private condominium to be launched in the District 16 area was Eastwood Regency, a 75-unit freehold boutique apartment complex by Fragrance Group, in 2010. The nearby Country Park Condo, consisting of 160 units and also freehold, was launched for sale in 1999 and completed in 2003. Another nearby development, the Eastwood Centre, was launched in 1996 and contains 48 residential units on a 99-year leasehold. All three developments are located in close proximity to Bagnall Haus.
Residents of Bagnall Haus will have access to a variety of amenities in the immediate vicinity, including the upcoming Bedok Food Court and Eastwood Centre with a Cold Storage supermarket, a medical clinic, a dentist, a nail and beauty spa, and a pet shop. Families with children will also have an array of schools to choose from, such as Temasek Primary and Secondary School, Bedok Green Primary School, and Anglican High School.
If you’re interested in the latest listings for Bagnall Haus properties or other condo rental options in District 16, check out the Ask Buddy feature on our website. You can also find information on recently launched projects, condo sale transactions, and price trends for HDB, condo, and landed properties. With a total of 113 units, Bagnall Haus offers a promising opportunity for prospective buyers in the Upper East Coast neighbourhood.