Arina East Residences @ Katong

The freehold status La Ville was put up for sale during an enbloc exercise in October 2021 with a reserved price of $148 million and it was successfully acquired by ZACD group December 2021. That was its third attempt at collective sale. The successful winning bid for the land parcel was at $152 million by the property developer which is listed in Hong Kong. The winning price is translated to $1,540 per square foot per plot ratio and with the bonus of additional 7% floor area, it translated to $1,477 per square foot per plot ratio. Each owner at La Ville was compensated from $5 million to $5.9 million.

ZACD Group Ltd was formed in 2005. The firm is based in Singapore and is a integrated asset management company. It offers real estate integrated solutions across the value chain in the region of Asia Pacific. The Group has licences in Hong Kong for conducting securities dealing, securities advises, and corporate finance advises. ZACD Capital, the group’s subsidiary, also has licence in Singapore to conduct activities in fund management.

The group is led by a management team that has vast experience and in-depth knowledge in real estate and finance industry and is known for its strong business strategies and pioneering spirit. Via its services in investment management, the Group has attained consistent and outstanding returns for their clients while building partnerships that are well-trusted over the years.

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The MRT Thomson East Coast Line is a Mass Rapid Transit service line that is of medium capacity. It is a fully undergrounded MRT service line and will be approximately 43 kilometres long upon its completion. This MRT service line will be serving 32 MRT Stations and will be one of the longest rapid transit lines that is driverless in the world. The MRT Thomson East Coast Line will serve the combination of the east-west and north-south corridors.

The MRT Thomson East Coast Line will start its route running from the Woodlands North MRT Terminus Station, which also the Singapore Station for the upcoming Singapore-Johor Bahru Rapid Transit System. It then moves in a general South East direction towards the Woodlands Town to the Woodlands MRT Interchange Station, which also interchanges with the MRT North South Line. It then moves into Springleaf before reaching the upcoming north region township at Lentor Central.

At Lentor MRT Station, it then moves in a general south wards direction into the Ang Mo Kio and Bishan residential estates with stops at the Mayflower MRT Station, the Bright Hill MRT Station and the Upper Thomson MRT Station. The Bright Hill MRT Interchange Station will also operate in upcoming MRT Cross Island Line in the future.

The MRT service line than heads towards Caldecott which is also an interchange for the MRT Circle Line. It then continues into Mount Pleasant, Stevens (which also interchanges with the MRT Downtown Line) and Napier. It continues south wards towards the Orchard Shopping Belt and Great World and the hits the city boundaries at Havelock and Outram Park.

The MRT service line continues to move into the Central Business District with stops at the Maxwell MRT Station, the Shenton Way MRT and the financial district’s major transportation hub, i.e. the Marina Bay MRT Interchange Station. At the Marina Bay MRT Interchange Station, it then curves north east to Marina South, Gardens By the Bay before reaching Tanjong Rhu and then the Meyer Road estate where the Katong Park MRT Station will be located.

At Katong Park MRT Station, it continues in a general east direction, in parallel to the East Coast Park, towards Tanjong Katong, Marine Parade Central, Siglap and Bayshore. It then departs the East Coast residential zones and continue into Bedok South and terminate at the Sungei Bedok MRT Station. An extension of this is also in the planning with will branch towards the upcoming terminal 5 at the Changi International Airport. The MRT Thomson East Coast Line will then eventually meet and terminate at the Changi Airport MRT Station.

For future residents of Arina East Residences, this will mean utmost convenient in turns of commuting especially for those who frequently travel, whether by air or by land for those who need to enter Malaysia. For those working in the downtown financial district, it will be hassle free to ride on the MRT network as well. The Katong Park MRT Station is just 5 MRT stations away from the Marina Bay MRT Interchange Station by getting onto the train towards the Woodlands North MRT Station. This MRT Interchange Station also operates both the MRT North South Line as well as the MRT Circle Line.

The Outram Park MRT Interchange Station is also just 8 MRT stations away from the Katong Park MRT Station in the same direction. This MRT Interchange Station is going to be one of the island’s major public transport hubs which future residents of Arina East Residences can easily transit to the MRT North East Line as well as the MRT East West Line which is already in place currently. The Katong MRT Station is also 7 MRT Stations away from the Sungei Bedok MRT Interchange Station which also serves the MRT Downtown Line. With this comprehensive MRT service line just a short distance walk away from Arina East Residences, it will mean that commuting to various parts of the island will be a breeze for its future residents.

For those who are driving, the development is approximately 10 minutes of driving away from the Raffles Place financial hub and the new downtown financial centre, i.e. the Marina Bay Financial Centre will be less than 10 minutes’ drive. The Orchard Retail Street is also approximately 12 minutes of driving away. To Changi International Airport, it will be approximately 20 minutes of drive away. The nearby major arterial roads, i.e. the Fort Road and the Mountbatten Road will also easily lead drivers to the major expressways such as the East Coast Parkway as well as the Kallang Paya Lebar Expressway.

Amenities
One of the common myths about this area is that this residential area only consists of a long and boring condominium stretch. But as a matter of fact, it is just short walk to various amenities. Future residents can take a short walk which they can uncover the local vibrant community at the Katong area. The Katong and Joo Chiat neighbourhood will be able to satisfy then when they are in need for cultural doses. These 2 estates have rich Peranakan Culture. They could wander around and discover the heritage shophouses that are very well-preserved as well as the antiquated shops there. They could also many amazing food options there with the famous local food stores as well as the traditional Nyonya cuisines there.

In terms of modern retail amenities, there is no lack of when staying in Arina East Residences as well. In fact the development is just short drive away from the Singapore Sports Hub which not just a place for sporting events but also a lifestyle centre that offers shopping, dining and leisure amenities for the whole family as well. The Singapore Sports Hub actually houses 2 major retail malls which is the Leisure Park Kallang as well as the Kallang Wave Mall.

The Leisure Park Kallang is warmly recognized to be the first lifestyle centre in Singapore as a one stop destination that offers entertainment and leisure experiences for many families and also different interest and age groups of visitors. This mall offers numerous activities for its visitors. Future residents can indulge in a relaxing outing here from going to the movies, ice-skating, bowling, quality fun and learning here. They could also pick up surprises, gifts as well as fresh groceries here during their visits. They could also enjoy the numerous gourmet options here at this mall, from marvellous feasts to local delights.

The Kallang Wave Mall is an integrated retail portion of the National Stadium. The name comes from the wave cheer, Kallang Wave, which was often seen during Singapore soccer matches previously. Future residents will be able to indulge in a wonderful shopping experience in this mall. This retail mall is an under one roof venue for visitor to play, dine and shop. It offers an engaging and vibrant lifestyle experience throughout the year. Visitors to here will be able to seek out on the best gourmet offerings, venture into adrenalizing and exciting activities not just at the mall but also the Water Sports Centre as well as the Singapore Indoor Stadium. Some of the anchor tenants at the Kallang Wave Mall include FairPrice Xtra which opens its first hypermat that has sports theme, famous labels such as Cotton On and H&M, food court that is halal certified, My Kampung, Yunomori Spa and Onsen, authentic Japanese spa and onsen and also Mulberry Learning, a child care and preschool centre that won many awards.

For those who also prefer cheap and delicious hawker fare as well as wanting to get the fresh market produce, there is also no lack of when living in Arina East Residences. The development is just short distances to various wet markets and major food centres. Some of them that are just short walks away include the Blk 4A Jalan Batu Market and Food Centre, the Kallang Estate Market and Food Centre and the Blk 51 Old Airport Road Market and Food Centre.

Schools
One of the major appealing factors for the Tanjong Rhu estate will be the accessibility to educational institutions in its vicinity. Many home buyers will be considering the distances of schools from home as one of the factors. There are numerous benefits to live near to schools especially renowned ones, from able to provide a firm education pathway to the kids and even preserving good values for the property itself.

Primary schools that are within 2km from Arina East Residences include the Kong Hwa Primary School, the Tanjong Katong Primary School and the Geylang Methodist School Primary School. The secondary schools available include the Dunman High School, the Broadrick Secondary School, the Chung Cheng High School (Main), the Tanjong Katong Girls’ Secondary School and the Tanjong Katong Secondary School. The development is also close to 2 international educational institution which are the Canadian International School (Tanjong Katong Campus) and the Chatsworth International School (East Campus).