Condos with large land plots are becoming a thing of the past. Be it because of capitalism, or the lack of space such that we have to maximise every square inch of land, older condos are slowly disappearing from our land. Despite their dated facade, their more spacious layouts and generous land plots are something that’s getting increasingly harder to.
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As at the time of writing, Villa Marina is 23 years old, so it’s certainly no spring chicken. Maybe it’s a function of its age, but I do believe that Villa Marina has been overlooked by most people mainly because it has such larger-than-life neighbours. These massive developments (Mandarin Gardens, Neptune Court, and Laguna Park) often take up headlines.
Landed properties show the biggest divergence, when it comes to freehold versus leasehold. Indeed, some buyers will tell you a 99-year lease defeats the entire purpose of buying a landed home, as houses are often intended as multi-generational assets. Despite the demand, however, not all freehold landed properties are $10 million, super-luxury houses. In the pandemic world, there definitely has.
What we like What we don't like Stunning unblocked sea views Car parks and lobby areas could be more premium in design The view from the pool is fantastic Traffic noises from ECP Close to future MRT Project: Seaside Residences District: 15 Address: Siglap Road Tenure: 99-year leasehold No. of Units: 841 residential + two commercial Site Area: 207,849 sqft Developer: East Vue Pte Ltd (Jointly developed by Frasers Centrepoint, Sekisui House, and Keong Hong Holdings) TOP: April 1, 2021
Seaside Residences.