Private Placement Arina East Residences Moves 10 Units Average Price 3008 Psf

The Woodlands Regional Centre is undergoing a significant transformation that will bring numerous retail, lifestyle, and recreational offerings. A variety of new commercial buildings, workspace options, and shopping destinations are expected to emerge in this bustling regional hub, easily accessible via the North-South MRT line. This evolution brings direct benefits to residents of Sembawang Road EC, who will enjoy an enriched lifestyle without having to travel far. With a wealth of amenities within close proximity, this development also enhances the appeal of the EC for future buyers and tenants, ultimately contributing to its long-term value. Include Sembawang Road EC in the rewritten paragraph.

Just one week after its public preview on May 31, Arina East Residences, a freehold condo located in prime District 15, opened for sale on June 7, a public holiday (Hari Raya Haji). As of 5pm, 10 units (9.3%) out of 107 have been sold at an average price of $3,008 per square foot (psf).The sales exercise was kept low-key, with a limited number of units released for sale by invitation only. Francis Tan, COO of ZACD Group, speaking on behalf of the Hong Kong-listed developer and its joint venture partners, Welltech Construction (a subsidiary of Qingjian Group) and FRX Capital, explains that “It was not a full launch in view of the June school holidays.”The project, known as a redevelopment of the former La Ville, was acquired en bloc by the ZACD-led consortium for $152 million on Dec 1, 2021. It is situated on Tanjong Rhu Road, just a three-minute walk from Katong Park MRT Station on the Thomson-East Coast Line. Arina East Residences features two 20-storey blocks and is expected to be completed by the end of 2028.You can find the latest details on available units and prices for Arina East Residences, which comprises two-bedroom, three-bedroom, and four-bedroom apartments, in the following section.Of the 10 units sold during the private placement, seven were two-bedroom types, alongside one three-bedroom unit and two four-bedroom units. Transacted prices ranged from $2,880 psf to $3,250 psf, with the majority of buyers believed to be Singaporeans. The launch of Arina East Residences marks the first new project in the Tanjong Rhu-Fort Road neighbourhood in 13 years. The project is located within a three-minute walk of the Katong Park MRT Station on the Thomson-East Coast Line (Source: EdgeProp Singapore)The sales of Arina East Residences came during a difficult period, with uncertainties caused by tariffs rocking the market,” notes Mark Yip, CEO of Huttons Asia. “The short, one-week launch during the June school holidays may also have affected sales numbers.”Ismail Gafoor, CEO of PropNex, observes that boutique projects with around 100 units or fewer tend to see more gradual take-up in their initial stages compared to larger developments, which offer a wider selection of units. “Similar to many other smaller projects, we expect sales will likely progress at a steady pace over the coming months,” he adds.ERA Singapore’s CEO Marcus Chu emphasizes that Arina East Residences is the first new launch in Tanjong Rhu in 13 years. The two most recent launches in the area were Fulcrum (128 units, launched in April 2012) and The Line @ Tanjong Rhu (130 units, launched in August 2012), both of which were completed in 2016. According to Huttons’ Yip, the limited supply of homes in the Tanjong Rhu area has helped support long-term price growth across District 15.Arina East Residences’ average launch price of $3,008 psf is considered relatively competitive against this backdrop, says PropNex’s Gafoor. Qingjian Realty and Forsea Holdings sold 25.1% of Bloomsbury Residences at launch at an average price of $2,474 psf (Photo: Qingjian Realty)As of May 27, the most recent URA Realis caveats show that 17 homes were sold at Meyer Blue on Meyer Road at an average of $3,150 psf, while The Continuum on Thiam Siew Avenue saw 51 units sold at an average of $2,920 psf.The area has also seen an increase in interest from public housing buyers. In June 2024, Tanjong Rhu Riverfront I and II were launched under the Build-To-Order (BTO) exercise, offering 2,063 units. A second launch in February 2025 released 812 more units at Tanjong Rhu Parc Front Kallang. ERA’s Chu sees these BTO buyers as a future pool of private housing upgraders.Residents of Arina East Residences will find themselves close to several notable schools, such as Dunman High School, Chung Cheng High School, and Broadrick Secondary School. Gafoor also notes that the Kallang Alive Masterplan could bring further value uplift to the neighbourhood in the years ahead.Arina East Residences offers a mix of one- to four-bedroom premium apartments, with prices starting from $1.43 million ($2,880 psf) for one-bedroom units (from 495 sq ft) and going all the way up to $4.34 million ($3,126 psf) for four-bedroom premium units (with private lift, from 1,389 sq ft).Find out if there are any condo rental listings in District 15 and compare the price trend of HDBs, condos, and landed properties in the area. You can also check out the total number of units in Arina East Residences, view 2-bedroom floor plans, and see the site plan and diagrammatic chart for the project.