This new project as an addition to the east coast properties is the redevelopment of the former property of Katong Park Towers. This former property was sold to a subsidiary of a renowned and award-winning player of the market for 345 million US dollars. The reserve price was however 288 million US dollars, and the property was sold for a hefty 20 percent over the reserve price, considering the amazing location it has and how beneficial and worthy this piece of land is.
The residential development company that took over the ownership of this property is a more than half a century old reputable and well-experienced construction specialist. They rightfully and skillfully own the credits of some of the most impressive and famous residential developments of Singapore, an already beautiful country. The company is targeting the year 2022 as the launch year of the property and planning to finish the construction process effectively by 2021. The property is going to be open to purchase soon after. Let’s dig into a rough overview of Liv @ MB and why you indeed should give a thought to considering it as your next happy place.
A sketch of the property
It is a new private condominium, located in one of the hubs along the East Coast, prime District 15, along Arthur Road. Even if it’s situated in an up-market district, you’d still have mostly landed low-rise properties and similar developments immediately around the construction. Its location can also be described as “at the edge of the city”, for how close it is to the East coast park.
Digging into the statistics and calculative overview
Some details of the plot you probably need to know
- The area of the site- 140, 758 Square feet
- Plot ratio- 2:1
- Number of blocks or
Floors- 24 floors
- Tenure of the property- 99 years at leasehold
- Expected TOP- Established 2024
And this was pretty much all, why you should, rather, must consider Liv @ MB to make sure that you enjoy utmost convenience, comfort, and luxury. Enjoying proximity to some of the biggest hubs of the East Coast region of Singapore, and being located in one of the prime places, this property is not only suitable but all you need under the right and reasonable budget it comes with.