Review of the Arcady @Boon Keng, a new high-rise freehold residential development on the city fringe
11-Nov-2023
If you are looking for a freehold property that is close to the city centre, but without the hefty price tag, you might want to consider The Arcady at Boon Keng. This is a new high-rise residential project that is being built on the site of the former Euro-Asia Apartments at Kallang, in District 12. It offers 172 units of various types and sizes, catering to different needs and preferences.
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The Arcady at Boon Keng is a great opportunity for home buyers and investors who are looking for a freehold home that is close to the city centre, but without the hefty price tag. If you are interested in finding out more about The Arcady @Boon Keng, you can visit the official website or the alternative website for more information.
This New Condo Singapore enjoys a strategic location that is well-connected to various amenities and attractions. It is a short 6-minute walk from Boon Keng MRT station, which is on the North East Line. From there, you can reach Doby Ghaut station at Orchard Road in three stops, and Clarke Quay station in four stops. You can also drive to the Central Expressway and the Pan-Island Expressway easily, which link you to other parts of the island.
The Arcady at Boon Keng is nestled in a mature and culturally rich neighbourhood of Boon Keng, which is known for its heritage shophouses, eateries, and shops. You can find a variety of local food and shopping options at the Bendemeer Market & Food Centre, and the Bendemeer Shopping Centre, which are near the Boon Keng MRT station. Alternatively, you can hop on the train and enjoy the upscale shopping and dining at Orchard Road, which is just 8 minutes away.
The Arcady at Boon Keng is also close to nature and recreation. It is situated between the Kallang and Whampoa rivers, which have park connectors that run along them. These park connectors are part of the island-wide network that allows you to walk, jog, or cycle to the Kallang Basin and beyond. You can also visit the nearby East Coast Park, which offers a scenic coastline, a beach, and various water sports and leisure activities.
The Arcady at Boon Keng is near to many reputable schools and educational institutions, such as Bendemeer Primary School, which is just across Serangoon Road. Other notable schools include St. Andrew’s Junior, and St. Andrew’s Secondary schools at Potong Pasir, as well as the Canadian International School and the EtonHouse International School, which cater to the expatriate community.
The Arcady at Boon Keng is a rare and valuable property that offers a high potential for capital appreciation and rental yield. It is one of the few freehold condos in Singapore, and it has a large land area of 56,475 sq ft, with a plot ratio of 2.8. It also has a unique and beautiful architectural design that blends the Peranakan and Chinese Baroque styles with modern amenities.
The Arcady @Boon Keng is the BEST choice for you. For further information, please kindly Contact Us or Book An Appointment now.
The Arcady at Boon Keng was sold en bloc for $222 million in July 2022, which works out to a land rate of $1,616 psf per plot ratio. This is lower than the nearby freehold projects such as The Tre Ver and Park Colonial. The owners of the former Euro-Asia Apartments are expected to receive between $1.2 million and $3.5 million each, depending on the size of their units.
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