Overview Rating
Liv @ MB offers a desirable location with great accessibility, proximity to amenities, strong resale potential, and good rental yield. The project’s leasehold tenure could be less attractive compared to freehold properties; however, it remains an appealing choice for homebuyers looking for a luxury seaside living experience in District 15.
Tenure
The condo has a 99-year leasehold tenure which could be less attractive compared to freehold properties due to the diminishing land value over time. However, considering its prime location and great accessibility, Liv @ MB remains a desirable choice for potential homebuyers.
Amenities
Liv @ MB is well situated with various amenities nearby. It’s approximately a 5-minute walk from the Katong Park MRT station and within walking distance to East Coast Park. Shopping malls such as i12 Katong and Parkway Parade are also nearby, making it convenient for residents. Numerous schools, including Eton House International School, Dunman High School, and CHIJ Katong Convent, are in the vicinity.
Future Development
The Urban Redevelopment Authority (URA) has planned future development for the surrounding area, including the completion of Katong Park MRT station on the Thomson-East Coast Line in 2024. This will further enhance the accessibility and appeal of Liv @ MB to potential buyers and tenants.
Sale PSF Price
The average sale PSF of Liv @ MB units over the past six months is $2,707 which is comparatively higher than the Rest of Central Region (RCR) average of $2,294 but slightly lower than the Core Central Region (CCR) average of $2,585.
Resale Potential
Liv @ MB has strong resale potential given its strategic location in District 15 near East Coast Park and future Katong Park MRT station on Thomson-East Coast Line. The vibrant enclaves of Katong, Joo Chiat, and Marine Parade further enhance its appeal to potential buyers.
Rental Yield
Liv @ MB’s rental yield is expected to be relatively high due to its excellent location near various amenities and transportation options. The proximity to East Coast Park attracts individuals who prefer seaside living while being close to numerous eateries in the Katong area.
Introduction
Liv @ MB is a luxurious new launch condominium located at Arthur Road in the prestigious Mountbatten area of Singapore. This 99-year leasehold development comprises 298 units, spread across four blocks and offers a range of unit sizes from 1-Bedroom to 4-Bedroom apartments. With an expected TOP date in Q4 2024, residents can look forward to enjoying an array of top-notch amenities, including a Landscape Deck at the first storey, Sky Lounge on the eleventh storey, and rooftop facilities.
Location
One of the key selling points of Liv @ MB is its prime location in District 15. The condo is situated within walking distance to East Coast Park and near vibrant enclaves such as Katong, Joo Chiat, and Marine Parade. Future residents will enjoy easy access to public transportation with the upcoming Katong Park MRT station on the Thomson-East Coast Line just a short stroll away.
The surrounding area offers several shopping malls, dining options, and reputable schools catering to different lifestyles. However, potential buyers should consider traffic congestion during peak hours as well as noise levels due to ongoing construction works for MRT stations in nearby locations.
Units
Liv @ MB offers a variety of unit types designed with practicality and functionality in mind. The condos are thoughtfully designed with premium finishes and high-quality materials that ensure comfortable living spaces for residents. Each unit features spacious layouts that maximize space utilization while providing ample storage solutions.
One unique feature found at Liv @ MB is its focus on incorporating greenery throughout the development. With approximately 80% of the project dedicated to greenery and recreational areas, residents can enjoy a serene living environment amidst lush landscapes.
Price
Considering current market conditions and comparable properties within District 15, Liv @ MB’s price point appears competitive given its strategic location and comprehensive range of amenities. Potential buyers should carefully weigh their options by taking into account factors such as the property’s leasehold tenure, unit sizes, and overall value for money.
Conclusion
Overall, Liv @ MB offers an attractive package for potential homeowners looking to invest in a luxurious new launch condominium within District 15. The development’s strategic location and proximity to key amenities make it an ideal choice for families, working professionals, and investors alike. However, potential buyers should also factor in the ongoing construction works and traffic congestion in the area while evaluating their decision. If you are seeking a prestigious address with excellent connectivity and comprehensive facilities, Liv @ MB may just be the perfect investment opportunity for you.
