Cayman Residences Project Information

Project Name Cayman Residences
Address 3 East Coast Avenue Singapore 459171
Developer Pinnacle Assets
Tenure Estate in Fee Simple (Freehold)
District 15
Site Area 45,249 sqft
No of Storeys To Be Advised
No of Units Approximately 19 Units
TOP To Be Advised

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Location of Cayman Residences

Parkway Parade Shopping Centre Near Cayman Residences

Parkway Parade is a popular shopping centre located next to Cayman Residences. The complex is developed by Parkway Holdings and the mall started operation in December 1983. Due to its large catchment area of residents around the East Coast as well as Amber Road area, Parkway Parade offers a wide variety of anchor tenants located within the mall such as Isetan, Marks and Spencer as well as MPH Bookstores.

The mall also underwent renovation to include better tenant mix such as Giant Hypermarket’s Space. Also, there is an addition of a cinema as well as a fitness centre.

Parkway Parade remains a popular shopping centre due to its convenient location as well as the wide variety of shops and carparking spaces located in the mall. There are a total of 270 retailers as well as 1201 carpark lots located within the mall.

112 Katong Shopping Centre near Caymen Residences

112 Katong Next to Cayman Residences

112 Katong is formerly known as Katong Mall and is located at the intersection of East Coast Road as well as Joo Chiat Road. 112 Katong previously went under a few renovations and name changes and the most recent renovation was done on 2010 to feature a cinema, a food court and a supermarket. The anchor tenants at 112 Katong now includes Golden Village as well as Food Republic.

112 Katong is located at the intersection of East Coast Road and Joo Chiat Road. It positions itself as the premier lifestyle mall and F&B hub servicing the resident along the East Coast and Amber Road area. There are a total of 140 retail outlets as well as 2 basement levels of basepark carpark to service the residents around the area.

Victoria Junior College (VJC) Beside Cayman Residences

Victoria Junior College (VJC) is a established educational institution that was established in 1984 that prepare the students for the GCE ‘A’ Level Examination in Singapore. It is considered one of the top Junior Colleges in Singapore that sets a high standard for its students who are enrolled in the school. Victoria Junior College is also the 1st JC to offer the Theatre Studies and Drama programme. VJC is also affiliated to Victoria School.

Victorians also excel in other sports and arts electives and have won numerous titles in the area of Choir as well as football. VJC also offer Co-Curricular Activities such as sailing as well. Victoria Junior College is located near to Marine Terrace MRT Station on the Thomson East Coast Line and is just minutes walk away from Cayman Residences at East Coast Avenue.

Freehold Cayman Residences Landed Property

Cayman Residences is a new freehold landed property located around the East Coast area by Pinnacle Assets. It is located near to the upcoming Marine Terrace MRT Station on the Thomson-East Coast Line and is close to many amenities around the area. Cayman Residences is located in the exclusive landed property enclave which consist of detached, semi-detached and terrace houses. Cayman Residences is on a prime 45,249sqft of freehold land and based on the latest Master Plan, the plot of land can have a three storeys landed property development. The development sits on a regular-shaped lot and is one of the largest sites for landed property around the East Coast area. Please also see Piermont Grand EC Sumang Walk which is a new development by City developments Limited.

Cayman Residences East Coast Avenue

Cayman Residences came as a timely opportunity for buyers who are looking for a prime freehold landed property around in the East Coast area. Usually, for aspiring landed property owners, the buying can only be done from the secondary market where resale owners are looking to sell their property. However, Cayman Residences is a brand new landed property bought over by the developer who will be building brand new houses in East Coast Avenue.

Largest Plot of Freehold Landed Property in District 15

This is one of the largest District 15 plots put up in the market for the past 20 years and therefore buyers will be attracted to this developer sale launch in the East Coast area. The plot of land consist of freehold landed property that can have up to 3 storeys for the plot of land. The land is bought over by Pinnacle Assets whose director is Leow Tan Lie that is involved in many other residential projects such as Central Loft Condo in Geylang as well as Adana @ Thomson. The adjacent property in East Coast Avenue is bought over by him as well.

Cayman Residences Freehold Landed Property

Cayman Residences Condo is also strategically located with many shopping centres located around in the vicinity. For example, the popular Parkway Parade, Katong Shopping Centre as well as 112 Katong shopping mall are located near to Cayman Residences. Cayman Residences is also located near to East Coast Park where plenty of outdoor families are available for residents to spend some quality time with their family.

Cayman Residences East Coast Park

East Coast Park is Singapore’s landmark iconic place for some outdoor sports as well as family gathering spots. It is a popular place to gather due to the wide variety of dining options and outdoor sports facilities available. East Coast Park stretch all the way from Marina East to Bedok and is the largest park in Singapore. East Coast Park is build entirely out of reclaimed land.

East Coast Park is a popular place for fishing at Bedok Jetty as well as conducting their own parties at the free barbecue pits which is available along East Coast Park. There are also many food centres as well as chalets available for visitors who would like to stay overnight at the park.

East Coast Park is also home to the East Coast Seafood Centre which is a popular dining sport for tourist as well as the locals. Diners can enjoy having their dinner at the outdoors while enjoying the sea breeze of East Coast.

Freehold or Leasehold Property

Land has always been a precious asset for properties in Singapore and there has always been differences in viewpoints as to whether freehold or leasehold properties are better. Freehold properties command higher asking premium as the land will always remain a infinite tenure to the owner unless there is compulsory land acquisition such as government buying the land due to railway extension.

Freehold land also retain its value over time comparatively to leasehold properties which the value drops over time as the tenure approaches to zero. Prices for leasehold tenure properties have shown to show significant drops at the 21 and 40 year old mark. As properties also have be known to keep us with inflation over time, freehold properties will rise in value as the inflation increases. It has also become apparent that for enbloc properties, freehold properties tend to achieve a better premium over leasehold properties.

Cayman Residences Brand New Landed Property

Cayman Residences will be accessible with the upcoming Marine Terrace MRT Station on the Thomson-East Coast Line. Also, for owners who are taking buses, there are several buses available along Marine Parade Road and Upper East Coast Road. For owners who are traveling to the city, Cayman Residences is located right next to East Coast Parkway (ECP).

Cayman Residences is also near elite schools such as Victoria Junior College, Saint Patrick’s School and CHIJ Katong Convent.

Cayman Residences Pinnacle Assets

A wonderful and unique lifestyle awaits you at Cayman Residences right in the heart of Marine Parade and East Coast Avenue. Please see Cayman Residences site plan and floor plans for more information.