The sales gallery of Bagnall Haus at Upper East Coast drew 1,500 visitors over the weekend of Jan 4-5. According to Teo Hong Lim, executive chairman of Roxy-Pacific Holdings, the developer of Bagnall Haus, many of the visitors were families who were already residing in the East. This comes as no surprise as Bagnall Haus is a highly anticipated project, being one of the first new launches of 2025.
Bagnall Haus is a freehold condo with 113 units, and it is a redevelopment of the former Bagnall Court which was acquired by the developer in January 2023 for $115.28 million. Its strategic location, less than a five-minute walk from the upcoming Sungei Bedok MRT Interchange Station, and a five-minute walk to the Upper East Coast Bus Terminal, make it a highly desirable property.
For interested buyers, they can search for the latest New Launches to find out about the transaction prices and available units. It is worth noting that the last new project launched in the Upper East Coast Road neighbourhood was 15 years ago, making Bagnall Haus a highly sought-after property.
To cater to a diverse range of buyers, from investors to owner-occupiers, singles, and families, the developer has a good mix of unit sizes, ranging from one-bedroom plus flexi at 495 sq ft to five-bedroom units at 1,528 sq ft. Prices start from $1.235 million ($2,495 psf), with the average indicative price being around $2,450 psf according to the developer. For those interested, they can also check out the latest listings for Bagnall Haus properties on Ask Buddy.
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In summary, purchasing a condo in Singapore has numerous benefits to offer, such as high demand, potential for increasing value, and attractive rental yields. However, careful consideration of critical factors, such as location, financing options, government regulations, and market conditions, is crucial. By conducting thorough research and consulting with professionals, investors can make well-informed decisions and maximize their returns in Singapore’s ever-evolving real estate market. Whether you are a local investor looking to diversify your portfolio or a foreign buyer in search of a stable and profitable investment, the condos in Singapore, including the Singapore Projects, present a compelling opportunity.
In summary, Bagnall Haus is a highly anticipated development with a mix of unit sizes and prices to cater to different buyers. Its prime location, coupled with its freehold status, make it a worthwhile investment for both investors and owner-occupiers. Interested buyers can also compare the price trends of HDB, Condo, and Landed properties, as well as recently launched and upcoming new projects, to make an informed decision. They can also compare the price trends of Condo new sale versus EC new sale to determine the better option for them.