THE ADDITION CONDOMINIUM
We present here the The Addition condo at Meyappa Chettiar Road in Potong Pasir that is launching for sale now.
If you are looking for a brand new freehold condominium near to the city, within 3 minutes walk of an MRT station and shops and food, and next to a highly rated boy’s school so that you don’t have to deal with school buses or ferrying your kid to school daily, then this one’s for you.
The Addition condo is not a big development. There are only 26 units, so the drawback is that there won’t be tons of facilities. What you get here is a nice place in a very convenient location without too many frills, which would suit more those who are too busy to use them anyway.
And with 2 bedroom units starting from SGD$1.08M up at the VIP Preview, it is truly priced to sell, considering it is freehold, within 3 minutes walk of an MRT station and shops, and at the city fringe. The 26 units here should not take too long to sell out.
Within the immediate vicinity, the Addition condo is directly opposite the new Poiz Centre with its 77 shops and 7 restaurants. From the main gate, by crossing over the road to Poiz Centre, you get a covered sidewalk that takes you to the nearest entrance (C) of Potong Pasir MRT station in 3 to 4 minutes.
For families with young boys, this could be an especially attractive location. The Additions condo is 2 doors from St Andrews Secondary School, beyond which is St Andrews Junior School, then St Andrews Junior College across a bridge over Kallang River. Having a school within 3 minutes walk makes it a lot easier in the mornings, not to mention the savings in school bus fees, and particularly travel time or having more study time. And with school affiliation points, it helps to be able to stay in the same school throughout if so desired.
Further afield, the Addition condo location is close to the edge of Bidadari Estate. It is part of the rejuvenation that is sweeping the Potong Pasir area, of which the Bidadari estate development takes centre-stage.
Bidadari Estate is said to be the “future Bishan”. It has the attributes of a young Bishan – a new estate built from scratch, within 10 to 15 minutes drive from Orchard Road and the CBD (Central Business District), supported by reputable schools.
Bidadari has been designed to be “community in a garden”, with homes amidst landscaping and scenic walks. It will be built around a 10 ha (1 million sq ft) park, the Bidadari Park that includes a lake to be named Alkaff Lake after the Arab family who built Alkaff Lake Gardens in 1929.
Register interest or request details here.
THE ADDITIONS CONDO · FACTSHEET
|Developer||Oxley Topaz Pte Ltd (Oxley Holdings)|
|Status||Condominium (No restrictions on foreign ownership)|
|Address||21 Meyappa Chettiar Road Singapore 358461|
|Site Area||898.1 m² (9,667 sq ft)|
|Floor Area||1,886 m² (20,301 sq ft)|
|Tenure||Estate in Fee Simple (Freehold)|
|Latest T.O.P. Date||31 December 2023|
|No. of Blocks||1|
|No. of Storeys||8|
|No. of Units||26|
|No. of Car Spaces||21 car spaces + 1 handicap parking space|
|Architect||JGP Architecture(s) Pte Ltd|
|Landscape Architect||Ecoplan Asia Pte Ltd|
|Developer Solicitor||Rajah & Tann|
|Project Account||Maybank for Project Account No. 04013019628 of Oxley Topaz Pte. Ltd.|
THE ADDITION FLOOR PLAN
The Addition condo floor plan brochure is now available. Do drop us a note below if you wish for the Addition floor plans to be emailed.
Here is a video showing the surrounding amenities, as well the design of The Addition itself.
THE ADDITION CONDO SITE PLAN
The Addition condo site is a rectangular plot of land orientated in a roughly north-north-east / south-south-west direction, with its northern end facing Meyappa Chettiar Road. It is slightly less than 10,000 sq ft in size and zoned for 2.1 plot ratio (ratio of built-up area to land area), which is not high density.
The surrounding neighbours are all private condominiums. In front is Poiz Residences, and on its flanks are small developments like Ridge Court and Mera Lodge, that are mid-rise blocks.
THE ADDITION SHOWFLAT · VIEWING
Do drop us a note below if you wish to view the Addition showflat.
This development will also offer Smart Home features. See the video on what is possible.
THE ADDITION CONDO PRICES · TYPES
UNIT TYPES . SIZES
|Unit Desc||Type||No. of Units||Strata Area (sq m)||Strata Area (sq ft)|
|2 Bedroom||A1, A1-P||6||55||592|
|2 Bedroom (8th Floor)||A1H||1||64||689|
|3 Bedroom||B1, B2||10||74||797|
|3 Bedroom (8th Floor)||B1-H, B2-H||2||90||969|
|3 Bedroom + Study||C1, C1-P||6||88||947|
|3 Bedroom + Study (8th Floor)||C1-H||1||103||1,109|
|Total Number of Units||26|
Floor areas stated includes any Voids, Patios, Balconies, Terraces, A/C Ledges.
THE ADDITION PRICE RANGES
The indicative starting Addition prices as at March 2019 are listed below. Note that prices are subject to increase as units get sold.
Do drop us a note below if you would like to know the latest prices.
|Unit Desc||No. of Units||Strata Area (sq ft)||Starting Price
|2 Bedroom||7||592||SOLD OUT|
|3 Bedroom||12||797||From $1.438M up|
|3 Bedroom + Study||7||947||From $1.66M up|
The Additions condo site was previously occupied by Apartment 8, a freehold property that comprised eight apartments in one block. Oxley Holdings bought it over in December 2017 for SGD$21.53 million, through its wholly-owned subsidiary Oxley Topaz.
No development charges were payable for redevelopment of this 898.1 square metre (9,667 square foot) site, already zoned for residential use at 2.1 plot ratio.
So the purchase price translates to a land rate of SGD$1,061 PSF PPR (per square foot per plot ratio). This means the break even cost to Oxley Holdings, after adding in the financing, overhead, and construction related costs, could be around SGD$1,550 to $1,650 PSF.
This is quite a favourable rate. It would allow Oxley to set the Addition condo price level very competitively against nearby similarly well-located launches like Park Colonial or Woodleigh Residences, bearing in mind its freehold status.
THE ADDITION CONDO · DEVELOPER
The Addition condo is being developed by Oxley Topaz, a subsidiary of Oxley Holdings. Oxley is now one of Singapore’s most prolific developers, with a market capitalisation of almost SGD$2 billion as of early 2018. It has constructed over 1,635 residences in Singapore, and won several development and design awards in the process.
Oxley Holdings Limited (“Oxley” or “the Group”)
Oxley is a locally-grown Singapore developer that is engaged in the business of property development and investment. Since its founding, Oxley’s fast-paced growth has resulted in an expanding presence both in Singapore and overseas, across 12 geographical markets.
The Group’s portfolio is well diversified. It spans investment and development projects in Singapore, Malaysia, Australia, China, Japan, Indonesia, Cambodia, Myanmar, Vietnam, the United Kingdom, Ireland, and Cyprus.
Oxley Holding’s property portfolio comprises select commercial, industrial, and residential developments. Key aspects of these investments are prime location, and desirable lifestyle and design features.
With its keen sense of market sentiments paired with foresight on development trends, the Group has achieved exceptional growth since its formation. In addition, as part of a strategic expansion plan, Oxley has entered into partnerships with business partners and reputable local and overseas developers. In the process it has acquired stakes in the Galliard (Group) Limited (UK), the Pindan Group Pty Ltd (Australia), and United Engineers (Singapore).
Examples of the Group’s overseas developments are Royal Wharf, a waterfront township project in London; Dublin Landings, the largest mixed-use project in the CBD of Dublin, Ireland; The Bridge and The Peak, mixed-use developments in Phnom Penh, Cambodia.
Locally, Oxley’s completed projects include Devonshire Residences, The Loft @ Holland, The Flow at Marine Parade, The Rise @ Oxley, Robinson Square and Oxley Tower. Recent launches are Verandah Residences (that sold out within 3 months of its launch), Affinity @ Serangoon, Sixteen35, and Riverfront Residences.
THE ADDITION CONDO LOCATION
Location. The Addition location offers you a home on the city-fringe in Potong Pasir, around 10 minutes drive from the CBD and Orchard Road. Potong Pasir is one of the most promising residential estates of Singapore. It is undergoing a regeneration, with the development of Bidadari across from it, and the sell-out launches of several new condominiums in the vicinity. Like the Nin Residences, Sennett Residences, Sant Ritz, The Venue, and Poiz Residences.
- Nearest MRT Station. The Addition condo location is less than 3 minutes or 150 metres walk from the nearest exit (C) of Potong Pasir MRT station on the North-East (Purple) Line. This takes you to Orchard Road within 10 minutes, Clark Quay, Chinatown, and Harbourfront.
Shopping, Banks, Supermarkets, Food. One of the strong points of the Addition location is how convenient it is to shops, food and services. Across the road we have Poiz Centre with its 53,800 square feet of retail, shopping, services, and dining outlets.
Behind Poiz, there is Potong Pasir Community Centre, that houses a Fairprice supermarket, fast food joint and bank, next to a food centre surrounded by coffee shops and local hawker stalls.
Across the MRT underpass, we have The Venue Shoppes, one level of shops with 28 retail units. And the famous hawker fare at Tai Thong Crescent beside The Venue, that has been drawing foodies for decades.
And for a change, you could take an evening stroll or a 2 minute train ride to the upcoming Woodleigh Mall, that will apparently be a good size, half that of the huge Nex Mall one train stop down at Serangoon MRT station.
Schools. This place is great for families with young boys, with the Saint Andrew schools, from primary all the way to Junior College level within 5 minutes walk down Meyappa Chettiar Road. If you have girls as well, Cedar Primary and Secondary Schools are just outside the 1km range, and well within 2km. Both are high regarded schools, with a lasting tradition of holistic care.
- Accessibility. The Addition condo location sits close to access points to the PIE (Pan Island Expressway), KPE (Kallang Paya Lebar Expressway), and the CTE (Central Expressway), providing for easy access to the rest of the island.
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