Roxy-Pacific Holdings, a leading property developer, is set to unveil the 113-unit Bagnall Haus on Saturday, January 4, along Upper East Coast Road. This freehold development is a transformation of the former Bagnall Court, which was acquired by Roxy-Pacific in an en bloc deal for $115.28 million in February 2023. The land rate of $1,106 psf ppr reflects the potential of the project.
Investing in Singapore Projects has become a highly desirable option for both local and foreign investors. This is due to Singapore’s robust economy, stable political climate, and superior quality of life. The thriving real estate market in the country offers a wide range of investment opportunities, with condos being a top choice for many. Their convenience, amenities, and potential for high returns make them a lucrative investment option. In this article, we will explore the benefits of investing in a condo in Singapore, important factors to consider, and the necessary steps to take.
Situated in a low-rise, five-storey block, Bagnall Haus offers a range of 113 apartments and two shop units. The unit mix includes one-bedroom plus flexi units, starting from 495 sq ft, and five-bedroom apartments of 1,528 sq ft. Prices for a one-bedroom plus flexi unit begin from $1.235 million ($2,495 psf).
According to Roxy-Pacific Holdings’ executive chairman, Teo Hong Lim, the average indicative price for the development is expected to be around $2,450 psf. The launch date will be announced after the weekend preview.
Bagnall Haus is strategically 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, expected to be completed in 2028. It is also in close proximity to the Upper East Coast Bus Terminal.
Furthermore, the project is opposite to a future commercial and residential mixed-use development site in the upcoming Bayshore precinct. Teo believes that the future residents of Bagnall Haus will benefit from the upcoming amenities in the Bayshore precinct.
The last private condo project launched in the Upper East Coast neighbourhood of District 16 was Eastwood Regency, a 75-unit boutique apartment by Fragrance Group, in January 2010. The project was completed the same year. The neighbouring Country Park Condo, a 160-unit freehold development by UOL Group, was launched for sale in 1999 and completed in 2003. Another neighbouring project, the 99-year leasehold mixed-use Eastwood Centre, with 48 residential units, was launched in 1996 by Ho Bee Land and completed in 1998.
Amenities in the immediate vicinity include the upcoming Bedok Food Court, the nearby Eastwood Centre with a Cold Storage supermarket, a medical clinic, a dentist, a nail and beauty spa, and a pet shop. Families with school-going children can choose from a range of reputable schools, such as Temasek Primary and Temasek Secondary School, Bedok Green Primary School and Anglican High School.
For more information on available units and transaction prices, interested buyers can check out the latest listings for Bagnall Haus properties. They can also use search engines like Buddy to find any condo rental listings in District 16, recently launched projects in the area, and compare price trends of HDB, condo, and landed properties. The total number of units in Bagnall Haus can also be found through these resources.