Over the weekend of January 4-5, the sales gallery of Bagnall Haus at Upper East Coast welcomed an impressive number of 1,500 visitors. According to Teo Hong Lim, the executive chairman of Roxy-Pacific Holdings, the developer of Bagnall Haus, the majority of the visitors were families who currently reside in the East.
Bagnall Haus is one of the first new project launches of 2025 and it has already received overwhelming attention. The freehold condominium, which comprises of 113 units, is a redevelopment of the former Bagnall Court. The site was acquired in January 2023 for $115.28 million.
The project is strategically located within a five-minute walking distance from the upcoming Sungei Bedok MRT Interchange Station and the Upper East Coast Bus Terminal. Prospective buyers can easily search for the latest new launches to find out the transaction prices and available units.
It has been 15 years since the last new project was launched in the Upper East Coast Road neighbourhood, making Bagnall Haus a highly anticipated development. To cater to various needs and preferences, the developer has planned a mix of unit types ranging from one-bedroom plus flexi (495 sq ft) to five-bedroom units (1,528 sq ft). The prices start from $1.235 million ($2,495 psf), with the average indicative price estimated to be around $2,450 psf.
For interested buyers, the latest listings for Bagnall Haus properties can be checked out. They can also ask Buddy for more details or look up the project summary for a comparison with other developments. The current price trends of HDB, condo, and landed properties can also be compared. Other recently launched projects and upcoming new launch projects can also be compared, along with price trends of condo new sales versus EC new sales.
When it comes to investing in Singapore’s real estate market, foreign investors must be well-informed about the regulations and limitations surrounding property ownership. In general, foreigners have more leeway to purchase condos compared to landed properties, which have stricter ownership guidelines. Nonetheless, foreign buyers are still subject to the Additional Buyer’s Stamp Duty (ABSD), with the current rate standing at 20% for their initial property purchase. Despite this added expense, the stability and potential for growth in Singapore’s real estate market remains a major draw for foreign investors. With the constant emergence of new condo launches by developers such as Anvly, the lure of investing in Singapore’s property market remains strong.