Overview Rating
K Suites offers a good balance of proximity to amenities, freehold tenure, and decent sale PSF prices. Its resale potential and rental yield are promising as well, with future developments in the surrounding area expected to bring more convenience for residents.
Tenure
K Suites has a freehold tenure, which offers long-term ownership benefits and typically fetches higher resale prices compared to leasehold properties.
Amenities
K Suites is within walking distance to several amenities such as schools (Haig Girls’ School, CHIJ Katong (Primary), and various international schools), shopping malls (Katong Shopping Centre, Parkway Parade Mall, i12 Katong), and Eunos MRT station (~953 meters away). The location offers convenience for residents looking for nearby amenities.
Future Development
Considering that stage 4 of the Thomson-East Coast Line will be completed in the near future, it will provide residents with an alternative route to travel to key areas like CBD and Upper Thomson area from either Marine Parade or Marine Terrace stations. This future development can positively impact the property’s appreciation over time.
Sale PSF Price
The K Suites condo project’s indicative sale PSF range starts from $1,405, which is lower than the average PSF of Rest of Central Region (RCR) at $2,294. This could be an attractive point for potential buyers looking for affordable options in District 15.
Resale Potential
Some factors that contribute to the resale potential include its freehold tenure, proximity to amenities, good connectivity through public transportation options like MRT stations and bus routes, as well as its location in District 15 which is known for its vibrant and culturally rich locale.
Rental Yield
Taking into account the neighborhood’s popularity among expatriates and locals alike because of its cultural richness and diverse dining options, there may be a good potential for rental yield in K Suites. However, the rental market’s performance depends on various factors such as economic conditions and overall demand-supply balance in the market.
K Suites is a boutique condominium development located at Lorong K Telok Kurau in the popular District 15 of Singapore. This new launch project features 19 freehold units, offering a range of 3 to 4-bedroom configurations as well as exclusive 5-bedroom penthouses. Set to achieve its Temporary Occupation Permit (TOP) in 2025, K Suites provides residents with a host of lifestyle amenities such as a swimming pool, aqua gym, outdoor fitness corner, and barbecue area.
Location
K Suites boasts an advantageous location within District 15, known for its vibrant and culturally rich locale. The development is situated near several transportation options, including the Eunos MRT station – just a 12-minute walk away – and multiple bus routes that connect residents to various parts of Singapore.
In terms of educational institutions, families can enjoy close proximity to renowned schools such as Tao Nan School, CHIJ (Katong) Primary, Haig Girls’ School, and Canadian International School Singapore. For shopping and dining options, residents have easy access to Katong malls as well as numerous eateries nearby like The Communal Place and 328 Katong Laksa.
While the location offers many conveniences itself, it is also within easy reach of nature spots like East Coast Park, providing recreational opportunities for families and fitness enthusiasts alike.
Units
The unit mix at K Suites ensures that there is something for everyone – from smaller families to larger households. Units range from:
- 3-bedroom (797/872 sq ft) – 4 units
- 3+1-bedroom (1087 sq ft) – 1 unit
- 4-bedroom (1076/1130 sq ft) – 9 units
- 4+1-bedroom (1270 sq ft) – 1 unit
- Penthouses:
- 4-bedroom (1389 sq ft) – 1 unit
- 5-bedroom (1625/1647/1679 sq ft) – 3 units
The units offer practical and functional layouts with well-thought-out space planning. Each unit comes with a balcony, while ground floor units feature private enclosed spaces. Penthouse units enjoy the added benefit of higher ceiling heights of up to 7m in the living and dining areas.
Price
K Suites offers a competitive price range for its freehold status and prime location within District 15. With indicative prices starting from $1,732,000, or around $1,405 per square foot (psf), K Suites appears to present value for money when factoring in the quality finishes and comprehensive amenities provided within the development.
Given the current market conditions and comparable properties in the area, K Suites may represent a sound investment opportunity for those seeking a well-located boutique condominium in Singapore’s East Coast region.
Conclusion
In summary, K Suites is a promising development that offers an attractive blend of location, lifestyle amenities, practical unit layouts, and competitive pricing. With its prime location in District 15 near public transportation options, reputable schools, shopping malls, dining establishments, and nature spots like East Coast Park – all these factors make K Suites an ideal choice for families and investors alike.
While there may be room for improvement regarding more extensive facilities or additional recreational features within the development itself, it is worth noting that K Suites’ boutique nature allows for increased privacy for residents compared to larger-scale developments. Overall, given its unique blend of offerings coupled with its competitive pricing point within District 15’s sought-after locale make K Suites an appealing option for potential buyers.
