Sevens Group continues to build its name as a leading land developer in the East with one of its most recent transactions which is the sale of a newly constructed detached residence in Pasir Ris Way for $8.4 million or $1,939 psf of the land.
The property forms part of the Sevens Group’s The Beachfront Collection, an exclusive collection of homes located situated in The Pasir Ris landed enclave, near Pasir Ris Park and Pasir Ris Beach. The leasehold project of 999 years includes the detached house that was offered as two semi-detached houses. Of the two, one of the semi-detached houses went under in the year 2021 before the project was publicly announced.
The remaining semi-detached house located in The Beachfront Collection is currently being offered for sale, making it a great chance for a highly-rated buyer looking for a lavish spacious, comfortable house with the most beautiful resort-style living.
The semi-detached house, situated on 26A Pasir Ris Way, sits on a plot of around 2,910 square feet. The three-story house boasts a large built-up area of approximately 5,982 square feet. The luxurious home has four bedrooms with en suite bathrooms as well as a double-volume ceiling in the living room as well as wet and dry kitchens with the most modern electrical appliances from V-Zug.
With an extravagant look and feeling, this property is adorned with luxurious materials and finishes, including huge format slabs of marble that are used in the dining and living spaces and the bathroom and powder room. Bathrooms are fitted with premium sanitary ware made by Bravat and the home is also equipped with a Jacuzzi on the top deck of the roof, as well as an in-home lift. It is also with an electric car charging outlet which is a feature for the future accessible in every Sevens Group properties.
Sevens Group is currently offering 26A Pasir Ris Way for $6.2 million, which is $2,130 per square foot on the land. Its Beachfront Collection is slated to get their temporary occupation license (TOP) document in the 4Q2023 This means that buyers won’t have to wait for long before moving into their new residence. Right now, Sevens Group is offering an Star-Buy discount of up to $250,000 for the property and will increase the appeal of the property. Fully furnished interior design options are also offered.
The District 15 district is a treasure trove of rare finds.
In the sought-after Opera Estate landed enclave, Sevens Group is launching a new property for sale at Aida Street. The design is designed to appear calm and elegant, the property is appropriately named Gentle at 53 Aida Street. The two-storey intermediate terrace, which includes an attic is set on land of 1,309 square feet and is an built-up area of 3,271 square feet. The freehold property includes four bedrooms and is located close to amenities, including Bedok Mall and the Bedok MRT Station.
At $4.8 Million, this property will surely attract attention from potential buyers due to its impressive size, and especially in the highly sought-after District15 region. In the District 15, asking prices for new freehold terrace homes can be as high as $5 million, while some are upwards of $6 million.
On Siglap Road, Sevens Group is constructing One East — a freehold project that consists of two detached homes and two-storey semi-detached houses with an attic. The homes are perched on top of a hill. the residence offers stunning views of the city of Singapore. The homes are priced attractively at the time of launch. the semi-detached houses have already been bought.
The other detached home located at the 111 Siglap Road has a land total of 4,510 square feet. The spacious home has six bedrooms that have en suite bathrooms and multiple family rooms as well as a huge living and dining space which flows seamlessly to a shaded veranda as well as an infinity-style pool. All in all, the home has a built-up area covering 7,015 square feet.
1111 Siglap Road is priced at $8.56 million. It’s less than $1900 per sq ft for the land which makes it an excellent investment for a brand-new detached residence in a sought-after District 15. One East is scheduled to be awarded its TOP in the 1st quarter of 2024. Like The Beachfront Collection Fully equipped interior design and decorating packages are offered to One East.
The Carrara homes at The Carrara to tap on the growth of Thomson East Coast line
Sevens Group’s most prestigious development The Carrara, located at Mountbatten Road, has seen two of the six semi-detached homes being snapped up. The homes were purchased at a price of around $3,000 per square foot on the respective land parcels which is a boost to resales for houses located on Moutbatten Road and neighbouring streets like Goodman Road, Branksome Road and Wilkinson Road
Property costs in the area are expected to witness another surge in appreciation of capital following the launch of the Stage 4 of the Thomson-East Coast MRT line (TEL) in 2024. Because The Cararra is within minutes of walking distance from the new Tanjong Katong MRT Station, it will definitely profit from the extension’s highly-anticipated arrival, as it will improve connections between both the city center and the east.
Presently, Sevens Group continues to keep its price for selling The Carrara at around $3,000 to $3,300 for the land, giving buyers the chance to purchase the property at a price that is appealing amount before prices rise to reflect the growth in value facilitated through the TEL.
Three of the four houses available each have six bedrooms. They are located on spaces ranging from 2,675 sq. ft. to 3,016 sq feet with built-up areas ranging from 5,530 sq ft up to 6,400 square feet. The fourth house has four bedrooms with ensuite bathrooms and covers the land of 2,294 square feet and is built up to 4,700 square feet. The project is scheduled to get its TOP in 1Q2025.
Deferred Payment Scheme, Customisable interiors
Additionally, in addition to Star Buy promotions with discounts of up to $250,000 on the Beachfront Collection, Sevens Group also have deferred payment plans on any development under construction (excluding The Carrara). In the scheme, purchasers will have the choice of exercising the option of purchasing at a later date after paying the option fee, thus aiding buyers who have to sell their home prior to purchasing. After exercising the option and paying the applicable stamp duty charges to IRAS the buyer will not have to make any further payments. have to be made to the seller until property is awarded its TOP certification.
The deferred payment plan gives prospective buyers plenty of time to plan their financial plan or get rid of any existing properties to avoid the cost of additional buyer’s stamp duty charges for the purchase of another property.
Additionally, Sevens Group offers buyers of their properties the option of customizing the house to meet the preferences of their buyers, thanks to their unique design-and-build hybrid concept. Customers have the possibility of customizing the interior of their residences, such as selecting the finishes and materials.
Customers will be able pick from a selection of products offered by the developer which includes different kinds of tiles, marbles, laminates, and granites for their carpentry, such as dry and wet cabinets for kitchens, wardrobes or vanity units.