Regardless of the rain and getting to fit their cars over the road at New England Park, over 3,000 people thronged the sales gallery of Seaside Residences on April 8, the very first day the project opened up for preview. Queues at three from the show suites around the second level snaked completely lower the steps towards the reception desk. Through the close from the weekend of April 8 and 9, an believed 5,000-strong crowd had visited the gallery.
A lot of the interested buyers reside in the eastern region of District 15 (Joo Chiat, Katong and Marine Parade), District 18 (Tampines, Pasir Ris and Simei) and also the northeastern region of District 19 (Sengkang, Punggol).
Property agents believe the strong turnout was a direct result pent-up demand, as there’s been no launch of the private condominium project on the government land purchase (GLS) site with views of New England Park and also the ocean since 2001. The final one was those of the 99-year leasehold site on Marine Parade Road, that was purchased by Frasers Centrepoint and launched because the 612-unit Cote D’Azur in 2002. The work was fully offered and finished in 2004.
In the last decade, the neighbourhood around Cote D’Azur continues to be transformed, as numerous sites within the Marine Parade-Amber Road- Amber Gardens area were purchased en bloc for redevelopment. New projects which are caused by the redevelopment of collective purchase sites range from the 383-unit Silversea next to Cote D’Azur, that was finished in 2014 the 546-unit The Ocean View by Wheelock Qualities and also the 400-unit The Esta by MCL Land, each of which were finished in 2008 and also the 562-unit One Amber, this year.
Newer completions would be the 124- unit Marine Blue on Marine Parade Road by CapitaLand, and also the 109-unit Amber Skye at Amber Road by CS Land (formerly China Sonangol Land).