The Arcady at Boon Keng Units Sold
our consideration
Our Verdict
The Arcady @ Boon Keng emerges as a compelling option for both investors and homebuyers in the vibrant Boon Keng area, within the Rest of Central Region (RCR) of Singapore. Its strategic positioning just a 7-minute walk from Boon Keng MRT Station, coupled with easy access to major expressways, underscores its appeal in terms of location. The development’s proximity to educational institutions, food centres, and shopping malls enhances its desirability for families, offering convenience and quality of life.
With a diverse unit mix that caters to various demographics, from singles and couples to large families, The Arcady @ Boon Keng demonstrates thoughtful planning in its design. The availability of different configurations, including 1-bedroom + Study and up to penthouses, addresses the market’s shifting preference towards smaller family nuclei and the demand for versatile living spaces.
Priced at an average of $2,570 psf on its launch day, The Arcady stands out in the competitive RCR market, offering a freehold tenure that is increasingly rare in Singapore’s real estate landscape. This aspect, combined with the development’s modern amenities and unique features such as Sky Terraces and an infinity pool, positions it as a valuable investment with potential for capital appreciation.
Considering these factors, The Arcady @ Boon Keng is poised for success, appealing to a broad spectrum of buyers. Its blend of strategic location, thoughtful unit mix, and potential for long-term value appreciation makes it a noteworthy addition to the District 12 real estate market. For those seeking a home or investment in a well-connected, vibrant community with the promise of growth, The Arcady @ Boon Keng merits serious consideration.
The Arcady at Boon Keng: Central Living Redefined
Nestled in the heart of Boon Keng, The Arcady Condo represents a blend of convenience and luxury, offering discerning homebuyers an exceptional living experience. This development is strategically located in a mature housing estate, providing unparalleled access to amenities, transport, and leisure options.
Factsheet of The Arcady
- Location: Boon Keng, Singapore
- Developer: KSH Ultra Unity (KSH Holdings Ltd, H10 Holdings, SLB Developments)
- Unit Mix: Ranges from 1-Bedroom + Study to Penthouse units
- Proximity to MRT: 5 minutes walk to Boon Keng MRT station
- Nearby Expressways: Pan Island Expressway (PIE), Central Expressway (CTE)
Developer’s Track Record: KSH Holdings at the Helm
KSH Holdings, leading the consortium with the largest stake, is renowned for its excellence in construction and development. With prestigious awards like the BCA Construction Excellence Awards under its belt for projects such as Fullerton Bay Hotel and NUS University Town’s Education Resource Centre, KSH Holdings brings reliability and quality to The Arcady.
Prime Location & Transport Links
The Arcady stands out for its prime location just off Serangoon Road, offering easy access to Boon Keng MRT station and major expressways like the PIE and CTE. This ensures residents can effortlessly reach key destinations in Downtown Singapore and beyond. The upcoming developments under the Kallang Master Plan further promise to enhance the area’s appeal.
Discover The Arcady at Boon Keng
Unveil the charm of city-fringe living at The Arcady at Boon Keng, nestled in the vibrant Boon Keng area of District 12, Singapore. Embrace the convenience of being just moments away from premier neighborhoods like Orchard, Newton, and Novena, all while enjoying the tranquility of a freehold condominium development.
Location Highlights:
- City-Fringe Appeal: Experience the best of both worlds with city-fringe living, where urban excitement meets suburban serenity.
- Proximity to Schools: Ideal for families, the development is conveniently located near esteemed educational institutions such as St. Andrew’s Junior School, Bendemeer Primary School, and Hong Wen School.
Excellent Connectivity:
- MRT Accessibility: A mere 6-minute stroll leads you to Boon Keng MRT Station on the North-East Line, granting effortless access to key destinations throughout the city.
- Convenient Transport Options: Explore further with easy access to Potong Pasir MRT Station for additional public transport choices.
- Seamless Driving: Situated close to major expressways like the Central Expressway (CTE) and Pan Island Expressway (PIE), residents can enjoy smooth journeys to all corners of Singapore.
Surrounding Amenities: A World at Your Doorstep
From Bendemeer Market and Food Centre to a range of shopping malls like City Square Mall and NEX just a few MRT stops away, The Arcady is surrounded by a wealth of amenities. Medical facilities and recreational options around Kallang also add to the convenience.
Proximity to Amenities
- Shopping and Dining: You’ll have a treasure trove of shopping malls and dining spots at your fingertips. Surrounding you are hubs like City Square Mall, Mustafa Centre, and Nex, offering a plethora of retail, leisure, and dining options. Additionally, a lively food enclave with eateries and hawker centers like Bendemeer Market & Food Centre awaits, serving up a delightful array of local delicacies.
- Recreational Facilities: The Arcady at Boon Keng seamlessly links to the Kallang Park Connector Network, granting you effortless access to recreational havens such as the Singapore Sports Hub and Kallang Riverside Park.
Future Developments
- Kallang Master Plan: Anticipate reaping the rewards of the Kallang master plan, set to breathe new life into the area with quality housing, waterfront developments, and enhanced green spaces and recreational offerings. This promising vision could potentially escalate property values in the vicinity.
The Arcady at Boon Keng’s prime location, exceptional connectivity, close proximity to a diverse range of amenities, and the promising future developments in the Kallang area combine to make it a compelling choice for those in search of a contemporary and convenient urban lifestyle.
Insightful Analysis of Unit Mix and Pricing Strategy
The diverse unit mix and competitive pricing strategy of The Arcady cater to a wide range of homebuyers. With units ranging from 1-4 bedroom + study to luxurious penthouses, coupled with an attractive launch price that competes well against other recent developments, The Arcady stands as a compelling option for both investors and homeowners.
| Unit Type | Size (sqft) | Size (sqm) | No. of Units | Unit Mix |
|---|---|---|---|---|
| 1-Bedroom + Study | 527 | 49 | 11 | 7% |
| 2-Bedroom | 667 – 678 | 62 – 63 | 38 | 22% |
| 2-Bedroom + Study | 764 | 71 | 38 | 22% |
| 3-Bedroom | 969 – 980 | 90 – 91 | 21 | 12% |
| 3-Bedroom Premium | 1,087 – 1,195 | 101 – 111 | 31 | 18% |
| 3-Bedroom Premium + Study | 1,281 – 1,496 | 119 – 139 | 21 | 12% |
| 4-Bedroom + Study | 1,410 | 131 | 9 | 5% |
| 4-Bedroom Premium | 1,625 | 151 | 1 | 1% |
| Penthouse | 2,433 – 2,583 | 226 – 240 | 2 | 1% |
| Total | – | – | 172 | 100% |
Potential Drawbacks: A Considerate Evaluation
While The Arcady presents numerous benefits, potential challenges include its proximity to high-rise HDB flats that may affect certain views. However, units on higher floors are likely to enjoy unobstructed views, mitigating this concern.
The Arcady at Boon Keng, a new property development project in Singapore, has been turning heads with its strategic location, unit mix, and investment potential. However, it’s essential to note some key concerns highlighted in various reviews:
- High Price Per Square Foot: The development is known for its steep price of 2,570 SGD per square foot, sparking worries about affordability and investment returns.
- Competition and Preference for Leasehold Properties: Nearby competition and a preference for leasehold properties could impact the demand and resale value of units in Arcady.
- Completion Date Gap: A significant 6-year gap in completion dates between Arcady and another project named Three may affect Arcady’s resale value.
- Investment Potential and Rental Yield: Questions arise about the price gaps compared to neighboring projects, raising doubts about its suitability for long-term buyers or those eyeing quick profits.
- Market Reception and Sales Performance: Initial sales of 51 units on launch day reflect market hesitancy due to local real estate uncertainties and timing close to the Lunar New Year.
- Unit Mix and Size Considerations: The focus on investment properties like one to four-bedroom units and penthouses may not match all buyers’ preferences, especially with the trend towards smaller family units.
Despite its appealing location and freehold ownership allure, potential investors and homebuyers should carefully weigh these drawbacks. Factors like high pricing, competition, market reception, and unit mix play crucial roles in the decision-making process.
Conclusion: Balancing Perspectives
The Arcady Condo offers a unique blend of convenience, luxury, and value. Its strategic location, coupled with KSH Holdings’ reputable track record and the future development plans for Kallang, positions it as a highly desirable residence.
While considerations such as surrounding high-rise buildings exist, the overall potential of The Arcady as a choice home or investment cannot be overstated. For discerning homebuyers seeking a central living experience with long-term value, The Arcady emerges as an outstanding option.
How does The Arcady at Boon Keng stack up against other new launches in terms of pricing and location? It seems to offer a good mix of convenience and luxury, but how does it compare in terms of overall value for money?
The Arcady at Boon Keng is competitively priced, with units starting at just below $2400 per square foot, positioning it attractively compared to other new launches in the area. Its location within the Rest of Central Region (RCR) zone and proximity to the developing Farrer Park area provides a good mix of convenience and potential for long-term value appreciation (source). Therefore, it offers a compelling overall value for money proposition.
Given the upcoming developments under the Kallang Master Plan, do you believe The Arcady’s location will continue to appreciate in value over the long term?
The Arcady at Boon Keng is strategically positioned within the Rest of Central Region (RCR) zone, and it is close to the developing basin of Farrer Park, offering potential for growth and value appreciation. Considering its location and the upcoming developments under the Kallang Master Plan, it is likely that The Arcady’s location will continue to appreciate in value over the long term.
How does The Arcady at Boon Keng stack up against other new launches in terms of pricing per square foot? I’m curious to see if its average of $2,570 psf is competitive within the RCR market.
The Arcady at Boon Keng is priced competitively within the RCR market, averaging around S$2,570 per square foot (psf). This puts it on par with other new launches in the area, such as an expected price range of S$2,200 to S$2,500 psf.
One of the key attractions of The Arcady is its freehold status and prime location near an MRT station, making it a promising investment opportunity. The pricing structure of The Arcady is compelling and in line with market trends, enhancing its appeal in the competitive RCR market.
Hope this helps! 😊
Any thoughts on the pricing of The Arcady at Boon Keng being higher than average for the RCR region? Do you think it’s justified given the freehold tenure and modern amenities offered?
– The pricing of The Arcady at Boon Keng is higher than average for the RCR region.
– However, this higher pricing can be justified due to the freehold tenure and modern amenities offered at the property.
These factors contribute to the increased value proposition of The Arcady at Boon Keng, setting it apart from other properties in the RCR region.