by Straits Times
The Arcady at Boon Keng, a 172-unit freehold condominium, is set to become a landmark private residence upon its completion in 2027. Positioned in the heart of the Boon Keng area, the project will introduce a dense green space along Serangoon Road, featuring contemporary architecture that will distinguish it as a standout condominium in the neighbourhood.
The trusted local developers KSH Holdings, SLB Development and H10 Holdings have joined forces to develop this project, partnering with award-winning architectural firm Park + Associates to create this distinguished residence.
Since its launch for sale in January, The Arcady at Boon Keng has garnered significant interest from investors and local buyers, thanks to its efficiently designed one-bedroom plus study and two-bedroom units. Families have been drawn to the spacious units, perfect for creating a comfortable living space, as well as the project’s abundant family-friendly amenities.
This development presents discerning buyers with a rare opportunity to invest in an affordable freehold property in a city-fringe neighbourhood. It stands out among only a handful of new freehold projects launching this year.
Creating a garden oasis
Due to the limited land availability in Singapore, there has been a significant increase in the demand for condos. As a small island nation experiencing a rapid population growth, the scarcity of land has become a pressing issue for development. As a result, the government has implemented strict land use policies, leading to a competitive real estate market where property prices continue to rise. This trend has made real estate investment, specifically in condos, a highly profitable opportunity with the potential for significant capital appreciation. In fact, the introduction of new condo launches has further fueled the demand for condos in the market.
The developers and designers of The Arcady at Boon Keng have made a conscious effort to envision the project as an urban oasis, a rare pocket of tranquil luxury in the bustling city fringe neighbourhood.
Designed by the architects at Park + Associates and landscape architect Ecoplan Asia, the development showcases a tiered design, with a trail leading from the Grand Arrival to the ground floor landscape deck, uniquely tailored for this project.
This multi-layered design maximises the available space for lush greenery, while condensing what would typically be spread out over three storeys of amenities into a ‘one-stop’ zone of communal facilities across two floors at the base of the tower. This efficient use of space can also be seen in other areas, such as the 14th floor and rooftop terrace.
Parents can relax on the Social Deck while watching their little ones play on the Kids Playground beside them, or enjoy a weekend of family fun at the Family Deck next to the Splash Patio and Family Pool.
Water facilities at the development include an infinity pool, spa pool and family pool, all surrounded by the facilities at the second-storey Sky Terrace. (Picture: KSH Holdings)
Access to the second-storey Sky Terrace is a mere few steps away, making it perfect for an indoor retreat. A dedicated kids’ zone with a Party Deck and Kids Club will keep children entertained, while parents enjoy the Chill Out Lounge, which flows out from the Botanic Club.
Residents can also entertain guests at the Arcady Club on the 14th floor, where they can invite private chefs to create a refined alfresco dining experience while enjoying a spectacular view. The community garden on the rooftop will also provide a convenient source for fresh produce, allowing residents to enjoy homegrown organic ingredients.
Guests can be accommodated at the Gourmet Vista on the 14th floor, where they can enjoy a 360-degree panoramic view of the surrounding skyline. (Picture: KSH Holdings)
It is uncommon to find a single-tower condominium in Singapore, let alone in the Boon Keng neighbourhood, that provides both outdoor and indoor facilities tailored to residents’ diverse needs and lifestyles. With 47 condo facilities spanning 4,000 sq m, each of the 172 households at The Arcady at Boon Keng will find its pocket of excitement.
Spectacular views from the heart of Boon Keng
The residential tower’s orientation and positioning of units were carefully considered, resulting in a north-south orientation, elevated about 18m above street level to maximise views. Units are also tilted away from the main road, significantly reducing traffic noise.
Units on higher floors will have unobstructed views of the Kallang River, while south-facing units will benefit from stunning views of Marina Bay.
Units designed with families in mind
Each unit’s layout has been thoughtfully designed to maximise space. All master bedrooms can comfortably fit a king-sized bed, while common bedrooms easily accommodate a queen-sized bed.
Larger unit types, such as three-bedroom units of 969 sq ft, three-bedroom-plus-study units of 1,281 sq ft, and four-bedroom units of 1,410 sq ft, have seen steady sales since the project’s launch. There are also two penthouses of 2,433 sq ft and 2,583 sq ft.
Families with school-going children and couples will find that The Arcady at Boon Keng meets their criteria, with comfortably sized homes conveniently located within a condominium boasting an array of amenities that all family members can enjoy.
The condo is near Bendemeer Primary School, Bendemeer Secondary School, St Andrew’s Junior School, and Hong Wen School. Nearby amenities include Woodleigh Mall at Bidadari Park Drive and Bendemeer Mall along Bendemeer Road.
“We believe buyers are drawn to The Arcady at Boon Keng due to its convenient location and connectivity. The Boon Keng MRT Station on the North-East Line is only a six to seven minute walk from the project, providing residents with a relatively short commute to the city,” says Ismail Gafoor, CEO of PropNex Realty, one of the project’s marketing agents.
The Dhoby Ghaut MRT Interchange Station, which links the North-East Line, North-South Line and Circle Line, is only three stops from Boon Keng MRT Station. “We have observed that many home buyers these days prefer projects within walking distance to an MRT station; convenience is highly valued given today’s busy lifestyle,” adds Gafoor.
Mark Yip, CEO of Huttons Asia, agrees that The Arcady at Boon Keng presents a rare opportunity as a freehold property in a central location with easy access to major expressways such as the CTE and PIE.
The Arcady at Boon Keng will also benefit from its proximity to the rejuvenated Kallang precinct, which will see new sports and leisure facilities developed as part of the Kallang Alive Masterplan, announced during Prime Minister Lawrence Wong’s inaugural National Day Rally this year.
Earmarked as Singapore’s future sports hub, the masterplan aims to bring together several key sporting associations and the Singapore Sports School into one integrated precinct. Sports and recreation activities will be supported by planned state-of-the-art sports facilities and a new 12,000-seat stadium.
An attractively priced freehold offering
Since its launch in January 2014, all one-bedroom plus study units have been snapped up, and close to 90% of the two-bedroom units have been sold. With an average selling price of about $2,570 psf, its freehold tenure and potential for relatively greater capital appreciation compared to new 99-year leasehold projects, The Arcady at Boon Keng presents a compelling case for buyers and investors, given its competitive pricing.
“The Arcady at Boon Keng is attractively priced relative to its location near the city and the MRT station,” says Hutton’s Yip.
PropNex’s Gafoor concurs, adding: “The average transacted price of $2,570 psf at The Arcady at Boon Keng is lower than the overall average unit price of about $2,840 psf for new freehold, non-landed private homes in the RCR for 2024. In fact, it is also slightly lower than the average transacted unit price of new 99-year leasehold projects in the RCR of about $2,600 psf.”
“Overall, we believe The Arcady at Boon Keng ticks many boxes for homebuyers today,” says Gafoor. “The project is located in a well-established neighbourhood in the city fringe, with good connectivity and easy access to the PIE. Another plus is its freehold land tenure, making it an ideal project for legacy planning and wealth preservation.”
“With the scarcity of new home launches in the area, we anticipate HDB upgraders will naturally gravitate towards The Arcady at Boon Keng,” says Marcus Chu, CEO of ERA. “With nearly 1,400 upcoming MOP units from the Bidadari HDB estate, it expands the potential pool of buyers for The Arcady at Boon Keng.”
Potential buyers interested in viewing the sales gallery, located beside City Square Mall, can contact the appointed marketing agencies below or visit their website.