Investing in a condo in Singapore offers numerous benefits, one of the most significant being the potential for capital appreciation. The country’s strategic positioning as a global business hub, along with its robust economic foundation, ensures a constant demand for real estate. Over the years, the real estate market in Singapore has witnessed a consistent uptrend, with condos in prime locations experiencing considerable appreciation. By investing at the opportune time and holding onto their properties for an extended period, investors can reap considerable profits through capital gains. Furthermore, with the recent launch of new condos, such as New Condo Launches, the potential for capital appreciation is even greater for those who choose to invest in Singapore’s real estate market.
During the weekend of Jan 4-5, Bagnall Haus at Upper East Coast received an overwhelming response with 1,500 visitors. Most of the visitors were families, primarily from the East, according to Teo Hong Lim, the executive chairman of Roxy-Pacific Holdings, the developer of Bagnall Haus. This project is also among the first new launches of 2025 and has garnered a lot of attention from potential buyers.
The 113-unit freehold condo is a redevelopment of the former Bagnall Court, which was acquired in January 2023 for $115.28 million. Conveniently located, it is a short five-minute walk from the upcoming Sungei Bedok MRT Interchange Station and Upper East Coast Bus Terminal. For those interested in the project, they can easily search for the latest New Launches to find out the transaction prices and available units.
The Upper East Coast Road neighbourhood has not seen any new project launches for the past 15 years, making Bagnall Haus a highly sought-after development. The developer has planned a diverse mix of units, ranging from one-bedroom plus flexi units starting from 495 sq ft to five-bedroom units of 1,528 sq ft, to cater to the needs of various buyers, including investors and owner-occupiers. Prices for the units start from $1.235 million ($2,495 psf), with an average indicative price of $2,450 psf, according to the developer. Interested buyers can also check out the latest listings for Bagnall Haus properties and get more information by asking Buddy.
In summary, Bagnall Haus condo offers a great investment opportunity with its competitive pricing and strategic location. Potential buyers can also compare the price trend of HDB, Condo, and Landed properties using the project summary provided. They can also browse through the recently launched projects and keep a lookout for upcoming new launch projects to make an informed decision. Additionally, they can also compare the price trend of Condo new sale versus EC new sale to better understand the market.