Coming Up Next to Poiz :: The Addition Condo

Poiz Residences has sold out completely. So what happens if you like this location but missed that boat? The good news is… another new project, called The Addition, is launching just opposite Poiz. And even better, this one is freehold.

But The Addition condo will be a much smaller development. Just 26 units, so it should sell out quite quickly. Especially since it will enjoy the same surrounding amenities that make Poiz so appealing. Such as the fact that it is within 5 minutes walk of St Andrews Village and St Andrews school, both the primary and secondary sections.

As well as all the shops, and coffeeshops, an atelier and food centre and Fairprice supermarket around the corner. And the Addition condo will also get the benefit of the 77 shops and 7 restaurants in the Poiz Centre itself, which will complete construction by next year 2019. Not forgetting the new Venue shoppes across the road, next to Tai Thong Crescent that has been long famous for its street food.

Transport-wise, it has the rare advantage of being a freehold development within less than 4 minutes walk from the Potong Pasir MRT station, most of it under cover once you cross Meyappa Chettiar Road, and walk by way of the Poiz Centre sidewalk. This place is also pretty close to exit points to get onto the KPE (Kallang Paya Lebar Expressway), the CTE (Central Expressway), and the PIE (Pan Island Expressway).

The only possible drawback about the Addition condo, is its size. Because it is not a big development, it does not have lots of facilities. You only get the main ones, like a lap pool, in this case located at the elevated facilities deck. There will be parking, but as in the case of all new developments near MRT stations, the number of car park spaces is less than the number of units. Historically it has been found that condominiums generally only use about 70% of their car spaces, and even less in those projects near MRT stations.

So if you don’t mind a small development that has everything else going for it, like the fact that it has freehold tenure, a good school 2 doors away, a shopping mall across the road, a supermarket and food centres within 5 minutes walk, then you might want to book a viewing of the Addition showflat. This project is by Oxley Topaz Pte Ltd, a subsidiary of Oxley Holdings. Will be looking to launch in August / September 2018.

The Addition Location opposite Poiz Centre
The Addition Condo Location opposite Poiz Residences

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Jui Residences . 9 Minutes to Potong Pasir MRT

Besides the Addition launching next door to Poiz Residences, another very attractive new condominium that will be previewing soon nearby, will be Jui Residences slightly further up Serangoon Road. Like the Addition, it is also a freehold condominium, but on a slightly larger scale than the Addition condo.

The Jui Residences will have 117 units, which makes it a small-to-mid size project. However it is a further distance away from the Potong Pasir MRT station compared to the Addition. You would need to take a 9 minute walk from Jui to get to the station, and an 8 minute walk to get to Poiz Residences.

On the other hand, Jui Residences is beside the Kallang River, which gives it a waterfront view. It is also walkable to Boon Keng MRT station. This project involves the conservation of the National Aerated Water (NAW) building, the former factory and distribution plant of soft drink brands such as Kickapoo Joy Juice, Royal Crown Cola and Sinalco, that was immensely popular in the 1950s to the 1980s.

The design architect is CarverHaggard, an internationally renowned architectural practice based in London, that have worked on several high profile award-winning buildings.

Though based in London, CarverHaggard Architects work on design and research projects around the world and have been selected by the Architecture Foundation as one of the top emerging practices in the UK. They have designed and built houses, theatres, schools, offices, galleries, nurseries, shops, universities, film and theatre sets, libraries, community centres, apartment blocks, restaurants, and exhibitions.

Jui Residences integrated with National Aerated Water BuildingJui Residences integrated with National Aerated Water Building

The design strategy for Jui Residences is to conserve and refurbish the historic elements of the landmark National Aerated Water Building, that is a classic example of the Singapore Art Deco tradition from the 1950s.

Singapore Art Deco is characterised by a carefully balanced composition, the use of distinctive horizontal and vertical lines, and the integration of detail and decoration into a consistent overall strategy. The proposed new Jui condominium building will complement the conserved building, using similar design principles in a contemporary development of this distinctive local architectural language.

If you would like to know more, or to view the Jui Residences showflat, just drop us a line. The showflat is not at the actual site, but close to Serangoon MRT station. Just let us know too if you would like us to send you the Jui Residences floor plan brochure as well.

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The Poiz Residences Launch

The Poiz Residences Launch . Integrated Design

The Poiz Residences design is both interesting and functional, taking full advantage of its L-shaped site fronting Potong Pasir MRT station on one side & Meyappa Chettiar Road on the other.

The site concept below gives a good overall picture of how everything will be integrated.
 
The Poiz Residences Launch . Project Design ConceptThe Poiz Residences Launch :: Site Design :: Click to Enlarge

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The Poiz Residences Launch . Components

This project integrates 3 key components:

THE POIZ RESIDENCES

The Poiz Residences is for sale, and will comprise 3 zones:

  • Habitat Zone: large units ranging from 829 sq ft 2 + study units, 1000+ sq ft 3 and 4 bedroom units, and 3,700 sq ft penthouses. Mainly for families and own stay. Only 213 such units.
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  • Urban Zone: smaller units ranging from 1 + study to 3 bedroom apartments. Good for singles wanting their own hip & cool place, or young families who value the convenience. Also good for investors. Total of 225 units here.
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  • Suites Zone: the smallest units. One bedroom, 1 + study, and 2 bedroom units. Great for investors or singles and young couples. Total 293 units.

 
For details on the unit sizes, see this page: Floor Plans.

The residential carpark entrance will be further into Meyappa Chettiar Road and nearer St Andrews School, and will be separate from the commercial carpark entrance.

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THE POIZ CENTRE

Commercial podium that houses the retail & F&B units. This is not for sale, only for lease.

  • 1st Storey: Total leasable area 3358 sq m.
    . Restaurants 70 – 115 sq m (6 units)
    . Shops below 40 sq m (15 units)
    . Shops 40 – 50 sq m (23 units)
    . Shops 50 – 75 sq m (25 units)
    . Above 75 sq m (2 units)
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  • 3rd Storey: Total leasable area 605 sq m.
    Restaurant 70 sq m (1 unit)
    . Shops below 40 sq m (4 units)
    . Shops 40 – 50 sq m (2 units)
    . Shops 50 – 75 sq m (4 units)
    . Above 75 sq m (2 units)
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  • Suggested Tenant Mix: Supermarket, restaurants, eateries, bakeries, banks, retail shops, convenience shops, beauty / hair salons, pet shops, educational & other services.

 
There will be direct access from the podium to the residential tower, via a grand lobby that is accessible by residents only.

The Poiz Residences LaunchArtist’s Impression :: The Poiz Village . The Poiz Residences Launch

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THE LINKWAYS

  • Sheltered link joining Potong Pasir MRT Station to the development.
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  • 7m wide 24-hour linkway that cuts right through the project from the MRT station, to the housing estate behind it, bringing human traffic and activity to the shops.This is separate and away from the Poiz Residences itself.

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The Poiz Residences Launch · VIP Preview

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THE ARCADY CONDO SHOWFLAT

The Arcady at Boon Keng is a new freehold residential development that is being built on the site of the former Euro-Asia Apartments. This is a high-rise project, as the whole area is a predominantly residential estate with a mix of both private and public housing.

The former Euro-Asia Apartments was sold in a collective enbloc sale. In a tightly fought bidding contest, this plum site went to KSH Holdings. There is much to like about the Arcady at Boon Keng condo. For a start, this project is on freehold land, which is an increasingly scarce commodity, as ALL government land sales is only for 99 year leasehold land at its longest.

This gives you, theoretically at least, the right to own the land in perpetuity. Another very strong draw about the Arcady condo, is that it is just around 6 minutes walk from Boon Keng MRT station. So this place is pretty convenient for those who work in the CBD, as it is a city fringe location. Whether by bus or the MRT, it doesn’t take long to move about almost anywhere.

And not forgetting that a good boys school, St Andrews Junior and High school, is within 1KM radius from the Arcady condo. It offers education for boys starting from primary level, all the way to secondary levels. No more scrambling to get ready for school on time in the mornings, or trying to wake your boys up at some unearthly hour.

So if all these appeal to you, do drop us a line to view the Arcady condo showflat. The Arcady condo pricing is not available yet, but it should be lower than for freehold condominiums in the upscale districts. Though certainly not very low either, as the Arcady at Boon Keng site is considered a good city fringe location, in a mainly residential estate.

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Poiz Residence Mixed Development

The Poiz Residence Condo . A Mixed Development

The Poiz Residence is a mixed development. But because it incorporates a sheltered link to Potong Pasir MRT station, it really acts like an integrated development, with all the advantages of one.

Residences in integrated developments have always sold well, due to their sheer convenience. Notable examples of recent integrated developments that have launched to enthusiastic sales include North Park Residences @ Yishun MRT station, Bedok Residences @ Bedok MRT station (overnight queues), and Watertown @ Punggol MRT Station.

And upcoming ones include Piccadilly Grand at Farrer Park MRT station just a few stops up the same MRT line, or Lentor Modern at Lentor MRT station on the Thomson-East Coast Line. And even Sceneca Residence at Sceneca Square linked to Tanah Merah MRT station, by the same developer for Poiz, MCC Land.

And similarly to Poiz Residence, Lentor Mansion is linked via a sheltered walkway to an MRT station. However in the case of Lentor Mansion, it lies in the Lentor Hills Estate, in the neighbourhood of the low-rise landed houses of Lentor Estate. This allows for more unblocked views, and a much quieter environment. But Lentor Mansion is an OCR (Outside Central Region) project, while Poiz Residence has the advantage of being in the RCR (Rest of Central Region) zone.

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The Poiz Residence Mixed DevelopmentArtist’s Impression :: The Poiz Residence Mixed Development :: Condo + Shops

The location of the Poiz Residence is much more central than those listed above, as it is just 10 minutes drive to the city, and to 3 major expressways. It is also in a partly private, partly low-rise residential area. Expect this project to prove even more popular than those above. As it is, there is a lot of advance interest on the ground.

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The Poiz Residence . Pros & Cons of Mixed Developments

Integrated developments are centred on the ‘Live, Work, Play’ philosophy, much like a one-stop shop.

The Pros

  • Convenience: The best part about having a home with a shopping mall built in, is that you don’t need to travel to get your meals, or your grocery shopping done. No need to hang onto MRT / bus straps, laden with shopping bags, or swelter under the hot sun, or wade through puddles in a downpour.
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  • Cost / Time Saving: Saves too on bus / MRT fares, or fuel costs, or hunting for parking. No need to fight traffic, or sit in jams either. Feeling peckish, or short of an item? Just nip downstairs.
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  • As an Investment: Condos in integrated developments often fetch better rents, compared to their neighbours. Mainly because of the factors above. Especially since many tenants are professionals with very heavy work schedules, who need the convenience and time savings.
     
    You can also fetch a better price when you sell, and there is no lack of buyers either. There will always be people willing to pay for the convenience.

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The Cons

  • Bustling Environment: If you don’t like crowds or a busy, bustling neighbourhood, then you need to look elsewhere. Having a shopping centre downstairs does not make for a very tranquil environment.
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  • Higher Price: Integrated developments tend to command a premium in price. This is due to the convenience factor, as well as the proximity-to-mrt factor. After all, projects next door to MRT stations alone (without the shopping centre convenience thrown in) already cost 15 to 20% more.

 
Buyers of mixed developments therefore tend to belong to a higher paid, or more affluent demographic, and are often professionals looking for this lifestyle, who intend to stay in it themselves. This will be the case especially for Poiz Residence, as it is also on the city fringe, at Potong Pasir MRT Station.

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The Poiz Residence · Showflat Viewing · VIP Preview

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OTHER MIXED DEVELOPMENT LAUNCHES

See Belgravia Green . Freehold cluster homes in the north-east of Singapore . Close to Ang Mo Kio and Seletar Hills . Developed by Tong Eng Group and launching for sale soon

See Martin Modern Singapore in Martin Place . 5 mins walk to Great World City MRT Station. Launching Q3 2017 . Register for Martin Modern condo price updates and showflat viewing

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The Poiz Residence Condo Developer

The Poiz Residence Condo . Developed by MCC Land Singapore

The Poiz Residence condo is being developed by MCC Land Singapore Pte Ltd.

MCC Land has been established in Singapore for over 14 years, as an engineering services provider and a developer, and has contributed to shaping the urban landscape of Singapore. It was involved in the building of several notable projects, such as Universal Studios at Resorts World Sentosa, and the Keppel Distripark.

Canberra Residences by MCC Land :: Developer for Poiz Residence CondoArtist’s Impression . Canberra Residences by MCC Land . Developer for Poiz Residence Condo

In addition, the Company has developed and/or managed a number of projects that include Canberra Residences, The Nautical, The Santorini, Sea Horizon, Forestville, The Canopy, and One Canberra – spanning a diversity of housing types, that range from private condominiums, to executive condominiums, to HDB BTO flats.

Update on January 2022: MCC Land will be launching another exciting mixed development condo called Sceneca Residence. And like Poiz, the Sceneca condo will be integrated with its own mall called Sceneca Square. This is also linked directly to an MRT station, in this case the Tanah Merah MRT station.

However Sceneca condo residents will have the advantage of their own childcare centre as well. Both this, and the shops and F&B outlets of Sceneca Square, is intended to serve the adjoining condos and landed homes too.

The Sceneca Residence showflat will likely be launching for sale around mid 2022. Given the current safe distancing measures, viewing slots will be limited. Hence pre-registration will be required, for viewing of the Sceneca Residence showflat.

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MCC Singapore Pte Ltd . Parentage and Profile

MCC Land Singapore is a wholly-owned subsidiary of Metallurgy Corporation of China Ltd (MCC), a major driving force behind the phenomenal growth of China’s steel industry. The corporation is also a reputable contractor of many landmark projects, both in Singapore and internationally.

In Singapore, MCC is engaged in property development as well as construction engineering. In the latter industry, MCC has been registered by BCA as an A1 contractor in general building (CW01) and civil engineering (CW02).

MCC Land anticipates a bright future in the fast-growing Asia Pacific region, with increased turnover and greater participation in the thriving economies of Singapore and China.

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Poiz Residence Condo · Showflat Viewing · VIP Preview

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NEW DEVELOPER LAUNCHES

The Arena Residences is a brand new condominium development that is being launched for sale in the next precinct to Poiz Residences. Both are city fringe developments, but Arena Residences is freehold, which makes it a much more attractive proposition for those die-hard freehold fans.

However, while Poiz Residences is a mixed development that links almost directly to an MRT station, Arena Residences is a standalone development that is around 6 minutes walk to Mountbatten MRT station. Other than that, both are in growing locales that are undergoing rejuvenation and regeneration.

While Poiz has the new Bidadari Estate story, Arena Residences is part of the Kallang Basin / Paya Lebar Growth areas. It also has much betters views – all the way to the Kallang / Marina Bay waterfront, and the Marina Bay financial district, overlooking the Singapore Sports Hub and stadiums. The views when fireworks displays are on will be spectacular.

To take advantage of that, Arena Residences is designed with a lap pool and gym and lounge areas at the top most level, the Sky Terrace. It houses 98 apartments, that are 2 bedroom, 3 bedroom and 3 bedroom dual key units. Though the Arena Residences showflat only showcases a standard 3 bedroom unit, type C1.

The floor area of each unit is small, but the rooms are surprisingly spacious. Each bedroom can fit a minimum of a queen sized bed, and in fact the master bedroom of the smallest unit has one of the most spacious master bedrooms around for a new development.

The Arena Residences showflat is almost ready for viewing. It is located at Kallang Leisure Drome, and the developer Roxy-Pacific Holdings has tentatively scheduled the VIP Preview to start on 27 October 2018. If you wish to arrange a viewing of the showflat, just drop us a line.

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The Poiz Residences Condominium

The Poiz Residences Condominium . Potong Pasir MRT Station

The Poiz Residences is a brand new project on the city fringe, right next to Potong Pasir MRT station, that is being launched for sale in Q4 2015. It is sparking a lot of interest, as it is a mixed development comprising a residential condominium integrated with a commercial podium, and directly linked to Potong Pasir MRT station.

This offers residents a very convenient lifestyle, with food, shops & amenities on their doorstep. Potong Pasir MRT station, on the North-East Line, is 10 minutes train ride from Orchard Road.

Artist’s Impression :: The Poiz Residences Condo & The Poiz Centre @ Potong Pasir MRT Station
The Poiz Residences Condominium at Potong Pasir MRT Station

 
Potong Pasir is one of the most centrally located and promising residential estates in Singapore. It is undergoing a rejuvenation, with the successful launch & sale of several new condominiums across the road. These include the recently completed Nin Residences, and Sennett Residences (both sold out), and Sant Ritz and The Venue.

On the Poiz Residences condo side of the road, beside it is the Potong Pasir Community, that houses an NTUC Fairprice supermarket, a KFC fast food outlet, and a POSB Bank. In addition, the HDB estate behind is liberally provided with shops and coffee shops.

Come arrange to view the showflat if you might like to live or invest here.

The Poiz Residences Condo LocationThe Poiz Residences condo . Beside Potong Pasir MRT Station
 
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The Poiz Residences Condominium Highlights

Summary of what you get if you own a unit at the Poiz Residence condo:

    • A home on the city fringe, within 10 minutes drive of Orchard Road and the CBD.
    • Directly linked to Potong Pasir MRT Station, that is just 10 minutes train ride to Orchard Road.
    • Easy commuting distance to good schools. Ideal for families with school-going children, as St. Andrew’s Junior and Secondary Schools, and St. Andrew’s Junior College are next door.
    • Eastwards 2 MRT train stops is the NEX megamall, the biggest shopping centre in the north-east, with a huge supermarket, an array of food outlets, shops, life style outlets, banks, etc.
    • Across the road are the old MacPherson coffee shops, a long-time foodie haven.
    • Quick access to the PIE (Pan Island Expressway), KPE (Kallang Paya Lebar Expressway), and the CTE (Central Expressway).

 
The Poiz Residences & The Poiz CentreArtist’s Impression :: The Poiz Residence Condominium atop The Poiz Village Shops

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The Poiz Residences Condo · Showflat Viewing · Preview

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OTHER MIXED DEVELOPMENTS :: NEWPORT RESIDENCES LAUNCH

Poiz Residences has sold out, and done fairly well recently in terms of capital gains. If you are interested in such mixed developments connected to, or within a short walk of an MRT station, there are a few others worth considering, that are coming up for sale.

These include the Piccadilly Grand at Farrer Park, and Newport Residences launch (both by City Developments), Lentor Modern at Lentor Central (by GuocoLand), and Sceneca Residence at Tanah Merah.

All of them are on 99-year leasehold sites, with Newport Residences standing out as the only one on freehold land. It is also the only one located within the CBD, boasting a central city address at 80 Anson Road, in the Tanjong Pagar district. The site was formerly that of Fuji Xerox Towers, owned by CDL too, who are red-developing it into a mixed development under the CBD Incentive Scheme.

The mixed development will be called Newport Tower, with the Newport Residences launch being for the residential component. The retail and commercial space will be named Newport Square.

This project is within 4 minutes walk from the upcoming Prince Edward Road MRT station on the Circle Line (as part of the work to complete the Circle Line loop). It is also within 6 minutes walk from Tanjong Pagar MRT station.

If you might want to invest in such a rare freehold and centrally located mixed-use project, drop us a note. We will keep you updated on the Newport Residences showflat viewing dates and other details, including the floor plans once available.

CDL is expected to keep Newport Square under their own management, but will likely launch Newport Residences for sale towards the end of 2022, or in early 2023.

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OTHER MIXED DEVELOPMENTS :: PARK PLACE RESIDENCES

Park Place @ Paya Lebar MRT Interchange station . Huge landmark mixed development project at Paya Lebar Quarter . Launching 1st Half 2017 by Lendlease Australia & ADIA

The Iviera is a new condominium being launched in River Valley Road by the Macly Group. It replaces the former Riviera Point condo that was sold in an en bloc collective sale for SGD$72 million.

The Iviera condo should appeal to investors as the River Valley area is popular with tenants working in the Orchard Road or Shenton Way / Raffles Place CBD. The location of the Iviera condo is also close to Robertson Quay, a popular dining and wining hotspot among the young and trendy as well as expats.

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