ARENA RESIDENCES CONDOMINIUM
5% DISCOUNT . From $1.505M for Freehold City-Fringe 3 Bedroom
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.
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.
Register interest or request details here.
Arena Residences Singapore . Fly-Through Video
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.
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.
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.
Register interest or request details here.
ARENA RESIDENCES SINGAPORE · FACTSHEET
|Developer||RH Guillemard Pte Ltd (Roxy Pacific Holdings)|
|Status||Condominium (No restrictions on foreign ownership)|
|Address||20 Guillemard Crescent Singapore 399871|
|Site Area||2,457.7 m² (26,454 sq ft)|
|Floor Area||6,881.5 m² (74,073 sq ft)|
|Tenure||Estate in Fee Simple (Freehold)|
|T.O.P. Date||31 August 2022|
|No. of Blocks||2|
|No. of Storeys||14|
|No. of Units||98 residential units|
|No. of Car Spaces||30 spaces and bicycle lots at 1st Storey
48 spaces and bicycle lots at Basement
2 accessible spaces at Basement
|Description||Private Condominium comprising 2 Blocks of 14 Storey Residential Flats with Basement Car Park, and Swimming Pool and Communal Facilities at 2nd Storey and Roof Terrace (on Lots 02409P, 02411V, 02413T, 02415K, 02417X, 97544V, 97545P, 97608X PT, 97629W PT MK 25 at 2 Guillemard Lane)|
|Architect||JGP Architecture (S) Pte Ltd|
|C&S Engineer||KCL Consultants Pte Ltd|
|M&E Engineer||GIMS & Associates Pte Ltd|
|Showflat ID||2nd Edition Pte Ltd|
|Main Contractor||Rich-Link Builders Pte Ltd|
|Developer’s Solicitor||Rajah & Tann Singapore LLP|
|Project Account||RH GUILLEMARD PTE. LTD. – PROJECT ACCOUNT|
ARENA RESIDENCES FLOOR PLAN
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 SITE PLAN
The Arena Residences Singapore site is a roughly rectangular parcel of land. Its main access is along the east-facing long frontage bordering Guillemard Lane, a short road that serves Arena Residences condominium and the homes across the lane.
The shorter north-facing side borders Guillemard Road, so only this part of the site will get traffic noise. The west border of the Arena condo site, the other long frontage, faces a church. While on its short south frontage, runs Guillemard Crescent, with some low rise community buildings across that.
This is a generally quiet site, and in fact originally comprised landed houses.
The Arena Residences site plan sets out the communal facilities at 3 levels: the 2nd storey, the 8th storey, and the roof terrace.
Here the facilities are grouped into different themes such as health and wellness (Meditation and Yoga Garden), fitness (Fitness Atrium), play (Creative Play Area), gatherings and entertainment (Screening Hall, Cue Sports, Seating Lounge), and relaxation (Whimsical Garden Retreat).
Reading Garden with high ceilings for quiet activities.
Swimming Pool, partially submerged Spa Beds and a Water Jets Corner with unblocked vistas. The swimming pool is located right next to the Pool Lounge and Gourmet Dining Pavilion.
There is also an Urban Farm. No function room, but some good-sized multi-use Pool Pavilions with City Gazer Lounges and Stellar Decks that are designed with views towards Kallang and the Singapore Sports Hub, which often hosts spectacular firework displays.
ARENA RESIDENCES SHOWFLAT · VIEWING
Please let us know via the Contact Form below if you wish to view the Arena Residences condo showflat. Virtual walkthrough online, or advance appointments.
The sales gallery showcases one of the 3 bedroom types (C1) that is 807 sq ft.
Smart Home features provided are a Yale Digital Lock at the main door, accessible via card, key or pin, and WIFI camera at the main door too. A VIDA gateway will be given separately as well.
ARENA RESIDENCES PRICES · UNIT TYPES
UNIT TYPES . SIZES
|Unit Description||Type||No. of
|2 Bedroom Compact||A1 / A1-P||13||51 / 79||549 / 850|
|3 Bedroom||C1 / C1-P||12||75 / 115||807 / 1,238|
|3 Bedroom||C2 / C2-P||22||76 / 113||818 / 1,216|
|3 Bedroom Dual-Key||C3-DK / C3-DK-P||12||82 / 123||883 / 1,324|
|3 Bedroom Dual-Key||C4-DK||13||83||893|
|Total Number of Units||98|
Floor areas stated includes any Voids, Patios, Balconies, Terraces, A/C Ledges.
ARENA RESIDENCES CONDO PRICE RANGES
Below are the starting Arena Residences prices after 5% Discount as at 28 June 2019.
Please let us know via the Contact Form below if you wish to register for a viewing.
|Unit Description||No. of
|2 Bedroom Compact||13||549 / 850||SOLD OUT|
|2 Bedroom||13||603||SOLD OUT|
|3 Bedroom||12||807 / 1,238||From $1.505M up|
|3 Bedroom||22||818 / 1,216|
|3 Bedroom Dual-Key||12||883 / 1,324||From $1.669M up|
|3 Bedroom Dual-Key||13||893|
ROXY-Pacific acquired the freehold residential sites at 2 & 6, and 12 & 14 Guillemard Lane, for SGD$33.5 million and SGD$22.5 million respectively. Based on the total cost of SGD$56 million, this works out to a land price of SGD$756 per square foot per plot ratio (PSF PPR) for the 26,454 sq ft Arena Residences site
After factoring in overheads, development, financing, and construction, the break even cost to ROXY-Pacific Holdings is close to SGD$1,300 PSF PPR.
ROXY-Pacific will sell at a competitive and attractive price.
Register interest or request details here.
ARENA RESIDENCES SINGAPORE · DEVELOPER
The Group has been listed on the SGX Mainboard since March 2008, and commands a property portfolio comprising hotels, residential properties, and shopping malls.
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).
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.
ARENA RESIDENCES LOCATION · FEATURES
Location. The Arena Residences location is in the Guillemard area, close to the Raffles Place CBD and Marina Bay Financial District. It is situated just east of the Singapore Sports Hub / Kallang Basin area.
Shops & Food Outlets. This site is bounded by Geylang to its north, and Joo Chiat / Katong to its south. All three are famed food havens, known particularly for its mix of traditional street food (some around for decades), exotic fare, and bustling colourful supper scene. This has probably the highest concentration of foodie delights than any other place on the island.
Lifestyle Amenities. The Arena condo location is within 1km, or 15 minutes walk, from the Kallang Sports complex, including the Indoor Stadium, Sports Hub, and Kallang Theatre. Beyond that, you can join the Kallang Riverside park connector, and walk or cycle via Marina Promenade to Gardens by the Bay and Marina Bay.
Schools. Within the 1km radius, we have Geylang Methodist School, and Kong Hwa School. On the Salary.sg website, Kong Hwa ranks 17th for the 2017 best primary school rankings. That’s just after Nan Hua Primary, and even before Anglo-Chinese Junior, Red Swastika, and Maris Stella, all of which are among the most sought after primary schools.
International schools in the vicinity include EtonHouse International (Broadrick), EtonHouse International (Mountbatten), and James Cook University.
Nearest MRT Station. The Arena Residences location is about 440m, or 6 minutes walk, to Mountbatten MRT station (Exit A) on the Circle Line, by cutting through Mountbatten Centre and past Mountbatten Square. The Circle line is one of the more convenient lines, as it joins to every other line on the MRT network. It also takes you directly to Promenade station at Marina Centre, Bayfront station at Marina Bay Sands, and Dhoby Ghaut station at Orchard Road.
Accessibility. The Arena condo location is rather central. It takes a couple of minutes to get onto Nicoll Highway, 10 minutes drive to the Raffles Place / Shenton Way / Marina Bay. Or 5 minutes to get onto any of 3 major expressways – the ECP (East Coast Parkway), PIE (Pan-Island Expressway), and KPE (Kallang Paya Lebar Expressway).
Rental Yield. From an investment or yield perspective, property around here typically get higher rental yields than almost any other location in Singapore. Due to their combination of lower prices, proximity to city centre, and even its rich character, plenty of expats are ready to rent here.
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