Artra @ Alexandra is a new mixed development by Tangs Skyline at Alexandra View, Singapore District 03. Comprises of Commercial unit on the 1st floor together with a supermarket and residential units, residents are well pampered with ultimate convenience. Shop, Live and buy groceries with everything under one roof. TOP expected to be in 2021.
Artra is equipped with up-to-date facilities that will guarantee the satisfaction of the residents. You can enjoy great facilities such as the crystal-clear water of the swimming pool and relaxing hydrotherapy beds and bath. You can also workout those muscles without the trouble of traveling far since you can do this at the property’s very own indoor gym and Yoga/Aerobic room. Other facilities include jacuzzi, children’s playground, clubhouse and function room.
Create fun bonding moments with family and friends on the nearby shopping malls that include Great World City, Tanglin Shopping Centre, Tiong Bahru Plaza and Anchorpoint. Have a fantastic dining experience on the restaurants and food centres that are in close proximity such as Alkaff Mansion Ristorante, ABC Brickworks Food Centre, Long Beach @ Dempsey, PS Cafe and Contemporary Melting-Pot & Bar among the few.
Medical institutions and nature parks are also in within short distance from Artra. Visit your doctor without the hassle as hospitals like Alexandra Hospital and Singapore General Hospital. Enjoy a nice nature park like Telok Blangah Hill Park, The Southern Ridges, HortPark and Kent Ridge Park. The National Orchid Garden and Singapore Botanical Garden are also a few minutes drive.
Schools are a short drive away from the redhill. Choose from the long list of prestigious schools like Crescent Girls’ School, Gan Eng Send School, Queenstown Secondary School, Bukit Merah Secondary School, Blangah Rise Primary School, CHIJ St. Theresa’s Convent and Alexandra Primary School. International schools like ISS International and Global Indian International School are also within reach.
Grab your very own unit and enjoy a lifestyle that’s you and your family deserve. Luxury and comfort living awaits you in Artra @ Alexandra.
Comparative Market Analysis (CMA)
CMA for Sales
Nearby Comparative developments at Redhill new condo include Alex Residences (Still Selling), Echelon (Fully Sold), Ascentia Sky (Fully Sold), The Crest @ Prince Charles Crescent (Still Selling) and also Principal Garden. As of November 2016, Alex Residences transactions was the highest with an average psf at $1,917psf, with the highest transaction for the month at $2,080psf. Highline Residences at Tiong Bahru on the other hand average transacted at $1,770psf, followed by Commonwealth Towers at $1,662psf.
Ascentia Sky was TOP and fully sold 3 years ago. Echolon was fully sold by Developer and set to TOP in end 2016. The Crest, Principal Garden and Alex Residencs is currently still selling.
CMA for Rental
The most comparative development for rental is probably Echelon which was just TOP. Transaction was pretty healthy with rental at $6psf on average with the highest at $7.30 and the lowest at $3.50psf
Artra @ Alexandra Location
With an address at Artra, Artra is linked to different amenities and parts of Singapore via major roads and expressways. Drive safely and conveniently to your chosen destination as Ayer Rajah Expressway (AYE), Central Expressway (CTE) and Alexandra Road leads you to that specific place you wanted to be in.
MRT stations like Redhill MRT, Queenstown MRT and Tiong Bahru MRT allows future residents to commute conveniently to numerous destinations in Singapore. Upcoming stations like Havelock MRT, Orchard Boulevard MR, Napier MRT and Orchard MRT will add to the convenience.
Nearby Attractions at Artra
Artra Nearby Transportation
Reputable Education Institutions
Artra Floor Plan
Choose from commercial retail shops or residential units. Each residential unit is elegantly designed and in a North-Sout Orientationto offer great convenience to any kind of property-seekers that are looking for to have a wonderful place in a serene environment that they can call home.
With top-notch branded appliances, Artra presents a luxurious lifestyle that many could only dream of. Elegant interior and great architecture are combined to provide a sophisticated look to this residential property. Equipped with furnishings that are top in quality and spacious layout, you know you have come home to Artra
Top 10 Reasons Why Artra @ Alexandra?
- Few minutes away from prestigious schools like Alexandra Secondary School, Gan Eng Seng School and Crescent Girls’ School
- From a well-known developer, Tangs Holdings
- Walking distance to Redhill MRT Station
- Sophisticated interior and modern architecture
- In close proximity to shoppping malls like Tiong Bahru Plaza, Concorde and Valley Point
- Linked by Ayer Rajah Expressway (AYE), Central Expressway (CTE) and Alexandra Road
- Medical institutions like Singapore General Hospital and Alexandra Hospital nearby
- Major tourist destinations like Singapore Botanical Garden and National Orchid Garden are only a few minutes away
- Serene environment in District 03
- High rental yield and capital appreciation
Artra @ Alexandra Project Specification
|Developer||FEC Skyline Pte Ltd (JV between FEC and New World Development)|
|Address||Alexandra View, Singapore|
|Description||Mixed development with Commercial on 1st storey and Residential Units with Communal facilities|
Our Personal Review
Will there be oversupply at Redhill area? With upcoming Artra mixed development, this will the the 8th development in this redhill private enclave in the last 10 years that consists of Metropolitan, Ascentia Sky, Echelon, Alex Residences, The Crest, Principal Garden and Mon Jervois. Metropolitan, Echelon, Ascentia Sky and Mon Jervois has since TOP, while Alex Residences, The Crest and Principal Garden will TOP within the next 2 years. Once all these development TOP, there will be more than 3,000 units here at redhill enclave. Will this be sustainable?
Firstly, this area at Alexandra View is highly sought after from the fact that Metropolitan, Ascentia Sky and Echelon was fully due due to its proximity to Redhill MRT Station. Alex Residences is an interesting development thas has been selling every month and have survive all the cooling measures. Most of the lower floor units at Alex Residences has been taken up.
Secondly, will the rental be enough to cover the mortgage loan with tenant so spoilt for choices here? As seen from Echelon transaction with average about $6psf. Transaction here is still healthy here probably due to its city fringe location and proximity to redhill MRT station. A trip to shenton way, Biopolis and fusionpolis is just few MRT rides away. With most business and MNCs heading to Biopolis an Fusionpolis at Bouna Vista, this will certainly add on to tenant market.
Conclusion: We recommend a Buy Status for Artra due to its strategic location and distance to Redhill MRT Station. Though there are other developments nearby, however as the chinese saying "Save the Best for the Last". The Crest, Principal Garden and Mervois which is about 10 minutes walk to Redhill MRT station will probably not be a competitor to Artra. Artra is the nearest to Redhill MRT as you can get.
With Bouna Vista becoming a Business Hub with all the Biopolis and Fusionpolis and also distance to Central Business District, Redhill Area will be highly sought after for tenants looking for a city fringe location.
Hui Chuang reviewed on February 5th, 2017:
Do provide review below to keep everyone updated of the status of this development.
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|Sales Hotline: 6100 8806
Huttons Asia L3008899K | Pauline Goh R044984B