Latest Updates for Artra Condo (Updated )
04-Apr-2017: Showflat viewing begins from 15 April next Saturday.
28-Mar-2017: Artra Showflat to preview around in 2nd Quarter 2017.
16-Mar-2017: High end Supermarket located at 1st floor of ARTRA.
Artra Condo is a 99-years leasehold condo that is put out by URA for sale under the government land sales programme under the confirmed list. Based on the land size of 442,967 and built up area of the development, analyst see a potential number of units of around 400 units. The price tag that the developer has bid for is $373.1 million and this works out to be around $842.28 psf ppr for the plot of land.
|Project Name||Artra Condo
|Developer||FEC Skyline Pte Ltd|
|Architects||JGP Architecture (S) Pte Ltd|
|Gross Floor Area||442,970sqft|
|No of Blocks||To Be Advised|
|No of Storeys||44|
|No of Units||400 Residential Units|
|No. of Carpark Lots||324 Residential Lots (inclusive of 4 accessible car park lots)|
|TOP||To Be Advised|
|Description||Mix Development with 1 Childcare Centre, 1 Supermarket and 15 retails shops.
Direct Link to Redhill MRT Station.
A closer look at the latest bids received show that developers were upbeat on the local property market particularly in the city fringe area around Redhill. There were a total of 10 bidders for the plot of land and due to the number of bids, this is seen as a healthy interest in the plot of land as there is confidence among the developers. This development is a mixed development and there will be shops and restaurants and other retail space on the first floor. The top 5 bids were also separated by a mere 5% margin which suggest developers are aggressive on the bids to secure the premier land for developing.
However, some analyst caution that the narrow margin might also mean the the developers does not want to go into aggressive bidding given that there are still developer sales units that have is still unsold around Artra Condo. As of press time, there are still developer units in Alex Residences, The Crest and Principal Garden. Even though there are still unsold units, the top bid of $821 psf ppr which would mean a break even price of less than $1,400 psf. Therefore there is a comfortable margin for profit for the developer as the surrounding developments are selling around $1,600psf. Please also see RV Millenia Condo at Great World City Condo. RV Millenia Roxy Homes is a freehold development by Roxy Pacific Holdings and is near to Great World City Shopping Centre. It is just a few minutes walk away from Great World City MRT Station.
There will be full condo facilities at the plot of land. A full size swimming pool will be available for the residents to take a leisure swim to spend some quality time with the parents. Hire a tennis coach as well for your kids and tennis lessons can be held at Artra Tang Skyline as there is a tennis court available. Similarly, gym classes and tuition classes can be conducted at the comfort of your own home as there is an indoor gym as well as a function room available at the development. Time thus can saved on traveling from one place to another.
Moreover, the development has 21,528sqft of commercial space and this would mean that there are more commercial shops and facilities for your daily necessity needs and there is no need to travel to other parts of Singapore for your daily needs as it is also near Central Plaza Shopping Centre, Anchorpoint Shopping Centre and Valley Point Shopping Centre. The development is located also in the mature town of Redhill where there is ample coffeeshops or small retail outlets for your consideration.
Beside Redhill MRT
The location of Artra Condo is unparalleled as it is literally right beside Redhill MRT Station. Locating in the mature estate of Redhill means there are many amenities right at your doorstep such as commercial shophouses as well as small eateries scattered around the Redhill MRT.
Tang Group Redhill Condo is also minutes away from the city by car or by the MRT.
Besides being located in the mature town of Redhill and right beside Redhill MRT, there are also many shopping centres just a short drive away from Artra Alexandra View at the disposal of the residents. Residents can do their shopping at the nearby Valley Point Shopping Centre, IKEA Alexandra or Tiong Bahru Plaza. There are also bargain shops available at Queensway Shopping Centre. For late drinks, there are a few pubs around Great World City and Central Plaza available for the residents.
Why Artra by Tang Group?
Anchorpoint Shopping Centre near Artra at Alexandra Road
Anchorpoint Shopping Centre is a retail mall located at Alexandra Road near the Redhill town and is a popular shopping mall among the working crowd. The mall caters to the working crowd so therefore there are many shops featuring factory outlets such as G2000, Charles & Keith and Giordano.
Getting to Anchorpoint Shopping Centre is a breeze as the mall does provide free shuttle bus service from Tiong Bahru MRT as well as Redhill MRT Station. It operates on weekdays as well as on weekends.
Tiong Bahru Plaza just one MRT Stop away from Artra Redhill MRT Condo
Tiong Bahru Plaza is a popular shopping mall located right next to Tiong Bahru MRT Station. It is a popular shopping mall among residents living in Tiong Bahru, Telok Blangah as well as the Redhill area. There is a well balanced tenant profile in the development to bring in a more extensive shopping experience.
Tiong Bahru Plaza underwent extensive renovation works to convert its underground carpark into retail shops to increase the retail space available. It also now include an outdoor plaza as well as a playground to enhance the overall experience of its shoppers.
Artra Condo opposite Gan Eng Seng School
The location of Artra Condo is also located beside Gan Eng Seng School. It is one of the oldest school in Singapore which initially was a boy’s school. Gan Eng Seng School’s student continue to achieve excellent academic results and is in the list of top 50 schools in Singapore.
The school has created an association Gan Eng Seng School Old Students’ Association (GESSOSA) which is an association set up to mentor new students as well as to create Career Forums and charity events. The association is headed by Professor Kiang Ai Kim.
Artra Mix Development with F&B Shops
Mix Developments next to an MRT Station has always been the investment choice of savvy investors looking for good rental yield of their property purchase. To top it all, Artra is a mix development with commercial shops located in the city fringe area making it an outstanding choice for investors.
Artra will consist of 16 retail units as well as a supermarket. This features combined with a direct link bridge to Redhill MRT Station makes Artra the choice development for both investors as well as for home stay.
Tiong Bahru Plaza
The newly renovated Tiong Bahru Plaza will be given a new modern look and yet preserving the old heritage of the Tiong Bahru area. Renovations are underway and the mall will open will a total of 215,000 sqft of retail space available for the community to use. There will also be more anchor tenants as well as flagship stalls together with a community plaza.
Residents of Alexandra View Artra Redhill MRT Station will benefit from the renovated mall as it is located right next to Tiong Bahru MRT Station and is only one MRT Stop away.
Artra Condo will be accessible with Redhill MRT Station as well as many of the buses along Tiong Bahru Road and Alexandra Road. It is also right beside Ayer Rajah Expressway (AYE). Artra beside Redhill MRT is also near to IKEA Alexandra Road, Queensway Shopping Centre as well as Anchorage Shopping Centre. Getting your daily household items is also a breeze with many of the anchor tenants around the area together with the coffee shops below the Redhill HDB estates. More information with regards to Park Colonial Condo at Woodleigh MRT Station can also be found here. Park Colonial is by KSH Holdings and Chip Eng Seng
For family with kids going to school, there is no need to spend too much time traveling as prestigious academic institutions such as Crescent Girl’s School, Queenstown Secondary School and Gan Eng Seng Secondary School are located close to Artra Tang Group around the Redhill Estate. Also, Gan Eng Seng Primary School, Crescent Girls’ School, Henderson Secondary School and Alexandra Primary School is near to the development.
Crescent Girls’ School
Crescent Girl’s School is a secondary school located near Redhill MRT Station. It is one of the notably high ranking school in Singapore as it only accept students who have good PSLE results. Many of its students continued to obtain good GCE O Level results due to its rigorous curriculum as well as emphasis on an holistic education for its students.
Crescent Girl’s School also have international standings as well as it is pointed out by Bill Gates to be a mentor school for many of its sister’s school overseas.
Driving to and from Artra Condo is also hassle free as the development is close to 2 major expressways in Singapore. Mainly, Ayer Rajah Expressway AYE) and Central Expressway (CTE). The development is also a truly city fringe condo as it is located just 5 mins drive away from the Orchard Shopping District as well as the Central Business District. With Redhill MRT station literally just beside the development, the development’s location is truly unique. In summary, this project is near the MRT in the city fringe. The prices are also going to be affordable based on the bid price of the land hence Artra Singapore Redhill should have a well received response. Grocery shopping as well as late night eateries can be found at Redhill Market.
Queensway Shopping Centre
Artra Condo is just minutes from Queensway Shopping Centre. The shopping centre is a classic mall that is a favorite shopping point for Singaporeans who are looking for bargains in clothing, shoes and computer accessories. Located along Alexandra Road, it is only 2 minutes drive away from Tang Alexandra View Condo.
The stall first open for business way back in 1976 and is one of the oldest yet comprehensive shopping centre in Singapore.