ARTRA Condo @ Alexandra

ARTRA condo

ARTRA condo will be the only one private residential development in Singapore District 3 to be launched in 2017.  Sitting on the land parcel categorized under residential with commercial at 1st storey, ARTRA condo will be the only one mixed development supply within the proximity.

artra-alexandra-land-parcel-2

Will there be Oversupply in Redhill?

With the existing private condo close to Redhill MRT station, such as Echelon (508), Ascentia Sky (373), and The Metropolitan coupled (382) with Alex Residences (429) which will obtain TOP soon, the vicinity will yield 1,692 dwellings.

As ARTRA is estimated to yield approximate 400 units, there will be more than 2,000 units of residential supply within 5 min walk to Redhill MRT station.

ARTRA Condo

However, is the supply more than demand?

In the first place, do you agree with me that any property will eventually sold out if the pricing is attractive?

Since Alex Residences is the nearest new launch condo to ARTRA condo, let us do a comparison between them. For the past few months, the units sold at Alex Residences indicate an average price around $2,000 psf, which is close to some resale condo in River Valley, District 9.  Other than the later TOP date, ARTRA seems to be better in overall as compared to Alex Residences.

Will it be too attractive if the developer launch ARTRA at an average price of $1,700 psf?

Alex Residences near ARTRA condo

After long years of isolating from new launch market segment in Singapore, Tang Group finally appears as the developer to launch ARTRA condo in 2017.

Tangs Group Logo

Tang Group is a multinational organization with established reputation in various business sectors. Tang Group offers the top quality, distinctive craftsmanship and creates masterpieces suited for every perception of a perfect contemporary home to maintain total satisfaction of their customers.

Tang Group’s portfolio includes Pearls Centre, Dorsett Residences, Dorsett Singapore, Fifty Two Stevens and iMedini Walk.

ARTRA condo by Tang Group

Dorsett Residences is a 5-year-old condominium located next to Outram Park MRT station. Similarly to ARTRA condo, both offers seamless connectivity to the MRT station connecting to CBD.

Whereas Dorsett Singapore is a 10-storey hotel boast of modern architecture with a full glass cladding façade to present a refreshing landmark in Chinatown vicinity.

I believe Tang Group will offer the top notch product at ARTRA to maintain their good reputation.

ARTRA Pocket Terrace

ARTRA Condo

Project Detail

Project Name ARTRA @ Alexandra
Developer Tang Group
Address Alexandra View
District D03 Redhill
Property Type Mixed Development with Commercial Podium at Ground Floor and High Residential Towers
Lvl 1 - Retail
Lvl 2 - Childcare centre
Lvl 3, 24 & 44 - Facilities
Residential unit will start from lvl 5 (Equivalent to HDB lvl 8)
Tenure 99 Years Leasehold
Total Units Approximate 400
Unit Mix 2 Bedroom
2 + Study
3 Bedroom
3 + Study
5 Bedroom
Expect TOP Date 2021

In the light of dictionary, the proposed name of ARTRA denotes peaceful and settled conditions appeal to you and you are naturally desirous of having the security of a home, where your life could follow a definite pattern, and where you would not have to make major decisions.

ARTRA condo by Tang Group

Located at Alexandra View, ARTRA condo is expected to launch in the 2nd half of 2017. ARTRA condo will yield approximate 400 private residential units.

ARTRA condo by Tang Group

Uniquely eliciting freshness into the interiors, the indoor garden at ARTRA Condo indulges you in the pleasures of nature, gently easing away tensions of bustling life.

Location of ARTRA Condo

Located next to the Redhill MRT station, ARTRA Condo is strategically well positioned to be one of the most anticipated new launch condo in the most competitive District 3.

ARTRA Condo Location map
artra-condo-alexandra-land-parcel

Moreover, ARTRA condo is the only one mixed development which integrates residential towers with a commercial podium and direct linked to Redhill MRT station.

Artra condo redhill mrt doorstep

Important to realize, there is no retail shops within short distance to the north side of Redhill MRT, thus the commercial podium at ground floor will be a plus point to ARTRA condo.
Not to mention, ARTRA condo will definitely spark high volume of interest among new condo launch in 2017.

Artra-Condo-Amenities

As the Redhill MRT station at doorstep, residents at ARTRA condo will enjoy time savings from transportation, allowing them greater quality time.
For private transport users, ARTRA condo is around 5 to 10-minute drive to Orchard Road, Raffles Place and Sentosa.

Wide Range of Amenities in the Vicinity

ARTRA Condo offers its residents the ability to live in comfort by providing luxurious living spaces and a variety of amenities.

At the same time, the numerous amenities located at convenient distances make the condo a more attractive choice as a place to live in. More importantly, these amenities make life at ARTRA more interesting.

Artra-Condo-Amenities

At the same time, the incredible variety of amenities can be easily reached in the vicinity due to the excellent connectivity and location from the new condo launch Alexandra View.

artra condo near ikea

Nearby shopping malls are Tiong Bahru Plaza, Queensway Shopping Centre and IKEA Alexandra Central.

Residents can enjoy quiet respites at the nearby recreational parks at Telok Blangah Hill and Mount Faber.

Short drive to Botanic Garden, dining options at Dempsey Hill, enjoy shopping along Orchard Road and Marina Bay Sands, have fun at Sentosa and Resorts World.

Nearby healthcare includes Gleneagles Hospital, NUH and SingHealth Polyclinic.

Amenities Nearby Skyline Residences

Schools Nearby ARTRA Condo

Furthermore, neighbourhood primary and secondary schools are within the vicinity, granting you and your child maximum ease in commuting. Prestigious school abounds such as:

  • Crescent Girls’ School
  • Gan Eng Seng Primary School
  • Alexandra Primary School
  • Radin Mas Primary School
  • United World College (UWC)

ARTRA Condo Floor Plan & Price

Tang Group has won the land parcel bid at Alexandra View in November 2015.

The land which is almost equal to 6.7 times the size of an Olympic-size swimming pool was sold for $376,880,000, which translates to $851 psf over the maximum gross floor area.

Based on the recent launch nearby – Queens Peak launch at an average price around $1,600psf, thus we estimated the average price of ARTRA condo to be around $1,700psf.

Artra Condo Site Plan
artra-floor-plan-2-br
The Crest Condo

Let’s Review and Comment whether ARTRA condo is a Good Buy! 

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ARTRA Condo @ Alexandra Overall rating: ★★★★★ 5 based on 3 reviews
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