Kassia Condo Review: What Makes Its Investment Potential Strong?

Kassia Condo, located in the serene enclave of Flora Drive in District 17, is the latest residential project by Tripartite Developers, a consortium comprising City Developments Limited (CDL), Hong Leong Holdings Limited, and TID. This freehold development promises a blend of tranquility, modern living, and strategic convenience, making it an attractive option for discerning homebuyers and investors alike. Let’s delve into the key aspects of Kassia Condo that make it a noteworthy consideration.

Prime Location and Connectivity

Kassia Condo is strategically situated in a peaceful neighborhood, offering residents a serene living environment away from the hustle and bustle of the city. Despite its tranquil setting, Kassia boasts excellent connectivity:

• MRT Stations: The residence is a short distance from Tampines East MRT and Pasir Ris East MRT stations, ensuring convenient access to public transportation.
• Major Expressways: Proximity to the East Coast Parkway (ECP), Pan Island Expressway (PIE), and Tampines Expressway (TPE) facilitates easy travel to various parts of Singapore, including the Central Business District (CBD) and Changi Airport.

Amenities and Lifestyle

Living at Kassia Condo means having a plethora of amenities at your doorstep:

• Shopping and Dining: Residents can enjoy shopping at nearby malls such as White Sands Shopping Mall, Loyang Point, Tampines Mall, and the upcoming Komo Shoppes. These malls offer a variety of dining options, from local hawker fare to international cuisines.
• Recreational Facilities: Kassia features a range of in-house amenities, including a swimming pool, sky terrace, and indoor gym. Additionally, nearby public parks like Pasir Ris Park and Changi Beach Park provide ample opportunities for outdoor activities.
• Healthcare: Changi General Hospital and St. Andrew’s Community Hospital are within a short drive, ensuring that medical care is readily accessible.

Kassia

Urban Living with Impeccable Design

In urban environments, the fusion of functionality and aesthetics is crucial for creating living spaces that are both practical and visually appealing. Impeccable design principles play a key role in optimizing the layout and utilization of space in urban dwellings.

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Educational Institutions

Kassia Condo is ideal for families with school-going children, thanks to its proximity to reputable educational institutions:

• Primary and Secondary Schools: Ngee Ann Secondary School, East Spring Primary School, and Dunman Secondary School are some of the notable schools nearby.
• Tertiary Institutions: Tampines Junior College and the Japanese Primary School are also within easy reach.

Unit Configurations and Design

Kassia offers a variety of unit configurations, catering to different needs and preferences:

• 1-Bedroom Units: Ideal for singles or young couples, these units start at 473 sq ft.
• 2-Bedroom Units: Comprising 26% of the total inventory, these units are perfect for small families or investors.
• 3- and 4-Bedroom Units: These larger units, with sizes up to 1,345 sq ft, are designed for families needing more space. They feature enclosed kitchens, spacious living areas, and balconies or patios for al fresco dining.

Investment Potential

Kassia Condo presents strong investment potential, bolstered by several factors:

• Freehold Status: As a freehold property, Kassia offers long-term value and potential for capital appreciation.
• Eastern Transformation: The upcoming developments in the East, such as Changi City and Changi Aviation Park, are expected to boost commercial activity and rental demand in the area.
• Competitive Pricing: During its launch, Kassia sold 52% of its units, with prices ranging from $1,821 to $2,177 per square foot. The competitive pricing, coupled with its freehold status, makes it an attractive option for both homebuyers and investors.

Developer’s Track Record

Tripartite Developers have a proven track record of delivering quality residential projects. Previous developments in the Flora Drive precinct, such as The Inflora and The Jovell, have been well-received and remain popular in the resale market. This reputation for quality and thoughtful design adds to the appeal of Kassia Condo.

MOAT Analysis and Market Appeal

Based on a MOAT (Market, Occupancy, Affordability, and Tenure) analysis, Kassia is anticipated to score between 56% and 65%, reflecting its strong market appeal. Key highlights include:

• District Disparity: Kassia is expected to score well in terms of entry price and overall attractiveness compared to other private residences in District 17.
• Region Disparity Effect: The development’s appeal in the East region of Singapore is likely to be high, given the scarcity of new freehold launches.
• Exit Audience: While the pool of potential HDB upgraders and empty nesters may be limited, Kassia’s attractive pricing and freehold status still make it a compelling choice.

How do the unit sizes at Kassia Condo compare to other condos in District 17

Kassia Condo offers a range of unit types, from 1-bedroom units to 4-bedroom units, designed to cater to different lifestyle needs. Here is a detailed breakdown of the unit sizes at Kassia Condo:

Analysis

1-Bedroom Units

Observation: Kassia Condo’s 1-bedroom units are slightly smaller than those at Ferraria Park and Palm Isles but larger than those at The Jovell.

2-Bedroom Units

Observation: Kassia Condo’s 2-bedroom units are comparable in size to The Jovell and The Inflora but smaller than those at Ferraria Park and Palm Isles.

3-Bedroom Units

Observation: Kassia Condo’s 3-bedroom units are similar in size to those at The Jovell but smaller than those at Ferraria Park, Palm Isles, and The Inflora.

4-Bedroom Units

Observation: Kassia Condo’s 4-bedroom units are larger than those at Palm Isles, The Jovell, and The Inflora but slightly smaller than those at Ferraria Park.

Conclusion

Kassia Condo stands out as a prestigious addition to Flora Drive, offering a harmonious blend of modern living, exclusivity, and convenience. Its strategic location, comprehensive amenities, and strong investment potential make it an excellent choice for homebuyers and investors looking for quality living in Singapore’s East region.

If you are considering a new home or investment property, Kassia Condo deserves serious consideration. With its thoughtful design, reputable developer, and promising market appeal, it is poised to provide a comfortable and rewarding living experience.

For more information or to schedule a showflat appointment, feel free to reach out to the Kassia sales team. Secure your spot in this promising development and enjoy the benefits of living in one of Singapore’s most sought-after residential enclaves.