There is good reason why more property buyers are now choosing condos over HDB flats. Staying in a condo offers high end amenities such as pools, gyms, tennis courts, and barbecue pits, a true taste of high end living.
In addition, condos are also going high tech nowadays, with functions such as auto-lock doors and windows being the norm rather than just options. The proposed Artra Redhill Condo project that is now up for bidding promises to offer all such urban conveniences and more. The project is located next to Redhill MRT Station beside Alexandra View.
Artra Condo is a proposed property development project that’s up for bidding under government’s land sale program. Up to 10 developers have already submitted bids. With a total land size of 442,967, analysts have projected it can hold up to 400 units. Based on the number and size of bids, it is evident that developers are enthusiastic about the shape of the property market currently. Developers have shown confidence in the state of the market, with the average bid working out at slightly over $370 million. And with a margin of just 5% separating the top 5 bidders, there is every indication that developers are moving more aggressively to secure the land.
However, some analysts see the small margin as a sign of caution from the developers, especially since uptake of units in similar developments of Principle Gardens, The Crest, and Alex Residences has been slow. Artra Condo is expected to feature all the bells and whistles of the modern Singapore condominium, including a swimming pool, tennis court, and indoor gym. Also, there is more than 21,000 sqft of commercial space for shopping facilities for everyone to enjoy.
Artra Condo is located right next to the Redhill station, which gives it a strategically unique location. There are already plenty of amenities in the developed Redhill estate, which means that residents will have plenty of options for shopping, eateries, and other commercial services. Residents will also be able to access more shopping centers and bargain stores with just a few minutes’ drive down to Artra Alexander View place. Nearby schools include Crescent Girls School, one of the most highly ranked in Singapore.
Artra Condo will offer 1, 2, and 3 bedroom apartments. Residents that will live in units above the 6th floor will have an unobstructed view. The block is entwined between two roads – Tiong Bahru road and Alexandra road. You can get a full copy of the floor plans on request.