ARENA RESIDENCES CONDOMINIUM

The Arena Residences condo is a new freehold residential development in the Guillemard area, close to Mountbatten Road and Singapore Sports Hub / Kallang Theatre. It is being launched by ROXY-Pacific Holdings, an established brand name for small to mid-sized developments. Arena Residences will open for sale in the 2nd half of 2018.

Unlike most projects around here that are typically small and comprise less than 50 units, the land area here is larger than the norm. This allows a decent sized development of over 90 units, with a wider range of facilities.

Artist’s Impression . Arena Residences Condo @ Guillemard Lane near Mountbatten MRT

Arena Residence offers a chance to invest in a good sized freehold property not far from the Central Business District and the Marina Bay area. This location holds a great deal of potential for future appreciation, at a comparatively affordable price still.

Artist’s Impression . Arena Residences Condo Tower View to Kallang and City Skyline

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Register interest or request details here.

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Arena Residences Singapore . Fly-Through Video

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The Arena Residences Singapore Background

The reason for this is simple. The Arena Residences location in Guillemard Lane, is beside the Geylang area. While it is certainly safe by global standards, and only parts tend to the seedy side, the reputation of Geylang as a whole suffers from the stereotyping of it.

This has traditionally kept property prices here below what its location so near to the CBD and Kallang Riverside / Marina Bay area really deserves.

Arena Residences Location . Sports Hub, Kallang Basin & Marina Bay Area in Background

Arena Residence Location near CBD . Area Re-Zonings . Click to Enlarge

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The Arena Residences Condo . Potential

But the winds of change are blowing. For a start, businesses like start-ups, speciality cafes, co-working spaces and design firms, have opened up in Geylang and the surrounding Guillemard Road area. Many of these are owned by young entrepreneurs drawn by affordable rents, access to MRT stations and the rich vibrant character of the neighbourhood.

To give added impetus to that trend, URA has rezoned part of Geylang. Just across from the Arena Residences condo location, the land from Lorong 4 to Lorong 22 has been re-zoned from the original Residential, to Commercial / Institutional zoning.

Arena Residences Location . Schematic Map

This re-zoning is expected to boost land values in the neighbourhood. Firstly because there will less residential land left, so there will be greater competition for housing in the vicinity.

The other effect of the zoning change, is that Geylang could become a magnet for businesses, especially SMEs. The government’s intention could be to give SMEs quick access to the CBD and nearby business hubs at more affordable rents.

Today’s Geylang is different from the old Geylang. With the new zoning, we may see property values and rental incomes rise strongly because of synergy in the area between the Geylang business hub and the nearby business centres. This will make the residential areas around it more attractive, and possibly incentivise a faster pace of rejuvenation and gentrification.

It is not as far-fetched as it may sound. Years ago, Bugis was every bit as gritty as Geylang now. Today property prices there rival those in the CBD. Or consider Keong Saik Road, once part of the “blue triangle”. Today, Keong Saik is home to boutique hotels and hipster cafes, and is one of Singapore’s more upmarket co-working spaces.

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Register interest or request details here.

The Arena Residence floor plan brochure is now available. Below are example floor plans. The layouts are space efficient, with quite liveable spaces within a small area.

Please drop a note via the Contact Form below if you would like us to email you the full set of Arena Residences floor plans.

Arena Residences Floor Plan . 2Bedroom Type A1

Arena Residences Floor Plans . 2 Bedroom Type B1

Arena Residences Floor Plan . 3 Bedroom Type C1

Arena Residences Floor Plans . 3 Bedroom Dual Key Type C3-DK

Artist’s Impression . Arena Residences Condo . Ground View of Tower

The Group has been listed on the SGX Mainboard since March 2008, and commands a property portfolio comprising hotels, residential properties, and shopping malls.

EON Shenton by Roxy Pacific . Developer for Arena Residences Condo

Roxy-Pacific’s main business model is in development and sale of commercial and residential properties.

For property development, the main focus is on small to medium-size residential developments targeted at the middle, to upper middle income clientele base.

Between 2004 to mid 2018, the Group launched and developed 45 small-to-mid sized projects, contributing more than 4,300 residential and commercial units to the Singapore, Australian and Malaysian real estate scene.

Current launches include 120 Grange at Grange Road, RV Altitude at River Valley (upcoming), Harbour View Gardens at Pasir Panjang, The Colony by Infinitum in KL, New World Towers in Brisbane, and West End Residences, The Hensley, and Octavia Killara (the last three in Sydney, Australia).

Octavia Killara (Sydney, Australia) by ROXY Pacific . Developer for Arena Condo Singapore

Besides retail property in Singapore, Roxy-Pacific holds a 50% interest in Melbourne House, a six-storey retail and commercial block in the Melbourne CBD, and in a 14-storey commercial building at 117 Clarence Street in the Sydney CBD. In Auckland, New Zealand, the Group owns the NZI Centre, and holds a 50% stake in an office building at 205 Queen Street, in Auckland’s CBD.

Apart from these, the Group commands a recurring income stream from investment properties such as the Grand Mercure Roxy Hotel in Katong. Beyond the shores of Singapore, Roxy-Pacific has also opened upmarket boutique hotels under the Noku Roxy brand in Osaka, Japan, and in Kyoto. Other hospitality investments include a resort in the Maldives, and sites for hotel development in Phuket, Thailand.