LIV @ MB is an upcoming new launch condominium in District 15 that promises to bring a modern twist to the old school neighbourhood. Occupying the very spot where Katong Park Towers used to stand, this 99-year leasehold is built upon estate land acquired by developers at Bukit Sembawang Estates Limited via an en bloc sale of $345 million.
Bukit Sembawang Estates is known for their extensive portfolio of critically acclaimed, multi-generational homes. Amongst their impressive list of accolades includes highlights such as the World Silver Winner High Rise Category at the FIABCI World Prix d’Excellence Awards 2021 (8 St Thomas) and the World’s Leading Service Apartments at the World Travel Award 2020 (Fraser Residence Orchard).
Pricing, investment value and transaction history
Despite being a relatively old neighbourhood, District 15 is still attracting buyers and investors. Its status as an established and iconic estate continues to keep transactions flowing, with some of the most recent purchases involving condos that were built in the early 2000s, or even the 1990s.
No official prices have been released as of yet, but experts have suggested that the psf price will range from the high $1000s to mid $2000s.
Note that the highest transacted price for Amber Park was an anomaly, with a larger proportion of homes being sold within the $2,400 ~ $2,600 range.
A well-equipped neighbourhood with exciting developments to come
The experience of developers at Bukit Sembawang Estate really shines through with LIV @ MB. The shrewd decision to build upon en bloc sale acquired land means that there will be no shortage of amenities and facilities in the area, particularly when it comes to shops and buildings with that highly sought after retro flair.
Modern facilities are aplenty as well, with transport networks connecting the condo to medical care facilities, grocery stores, reputable schools and fine dining restaurants.
LIV @ MB is also conveniently flanked by a business district to the west, and nature to the east. Employees and businessmen returning to the office can get to Marina Bay Financial District within a mere 12 minute drive. Joggers and cyclists can begin their eastward trail in 6 minutes by simply trodding to the nearest East Coast Park entrance.
Existing facilities aside, upcoming government development plans in the area gives LIV @ MB great appreciation potential, not to mention provide residents with unbridled access to essential services and plenty of options for weekend activities.
Business, nature, and international travel at your doorstep
Located along 114A Arthur Road, residents will be able to access the upcoming Katong Park MRT station within 4 minutes on foot.
Located along the highly anticipated Thomson East Coast Line, the station is expected to link residents to the Downtown Line via Sungei Bedok MRT, as well as the North South Line and Circle Line via Marina Bay MRT come 2025.
With international borders finally opening up, those who wish to scratch that travel itch will be excited to know that they can drive down to Changi Airport via the ECP in just 12 minutes.
15km park connector and revitalisation of the kampong spirit
Marathon cyclists and runners can look forward to training along a 15km corridor once the park connector between Changi Beach Park and East Coast Park that was recently completed in January 2022.
This scenic coastal stretch features a broadwalk and a lookout pavilion at Changi Bay Point, along with cycling bridges that link up Changi Coast Road and Tanah Merah Coast.
Also bringing new vibrancy to the neighbourhood is the revitalisation of the waterfront public park at Kampong Bugis as well as the transformation of the Kallang River into a wet sports and recreational venue.
This will all tie into the Kallang Alive Sports Hub in time for Vision 2030, a Youth hub with sporting facilities such as the Kallang Football Hub, Kallang Tennis Centre, and speed-climbing wall.
An abundant selection of reputable specialty schools
Parents with school-going children can rest easy knowing that there is a wide selection of schools in the neighbourhood that will place their children in good hands.
Solid educational institutions from primary to university level
Just a 6-minute drive away, Ngee Ann Primary School has a holistic education program that encourages students to explore and discover their talents in sports, aesthetics, academics, and community giving via their curriculum, which include the Programme for Active Learning and Ngee Ann Modular Enrichment.
Secondary institutions in the area include the likes of Tanjong Katong Secondary School, Chung Cheng High School (Main) and Dunman High School.
Notably, Tanjong Katong Girls’ School provides plenty of opportunities for students to gain experience in solving real-world issues. Such as critical thinking, global warming, food waste and coding. Their signature programmes include ‘Design Thinking’, ‘Code for Fun’ and the ‘Global Scholars Programme’.
In terms of tertiary education, Singapore Management University’s administrative building can be reached in 15 minutes via Mountbatten Road.
There are also plenty of other private institutions that have established a local presence over the years, including TMC Academy and James Cook University.
In particular, Embry-Riddle Aeronautical University Asia offers 5 year joint bachelors and masters programmes, along with part time professional degrees for working adults who wish to give themselves a leg up in aviation, airport management, and aeronautics.
International institutions aplenty for expatriate families
Expatriate families looking for educational structures similar to the ones back home are in luck as well. The Canadian International School (Tanjong Katong Campus) offers kindergarten and primary school programmes for children aged 3 to 12.
Students who wish to continue secondary education under the International Baccalaureate programme with them can do so via their Lakeside Campus.
Finally, Japanese parents who wish to provide their children with bilingual English-Japanese education can register at Konohana Kindergarten, just a 2 minute walk from the residential area.
Legacy malls with a modern twist
Within a 3km radius of LIV @ MB are dozens of local gems that have been given a new lease of life. There’s no doubt that anyone who grew up in Singapore during the 80s and 90s will be hit by waves of nostalgia upon stepping into these malls, along with waves of excitement as they realise how much things have improved.
The newly revamped i12 Katong, formerly known as Katong Mall or Katong People’s Complex, houses local favourites such as Malaysia Boleh and Signature KOI, and is complimented by contemporaries such as Scoop Whole Foods and Climb Asia.
Employees at KINEX will be delighted to know that they can enjoy exclusive perks and discounts at the former OneKM Shopping Mall. With the staggering variety of outlets available here, ranging from the Tokyo Games Station arcade, to JumprRocks Bouncy Castle, Kith Cafe, Mr DIY, and our personal favourite, Authentic Vietnamese outlet Tonkin, which serves Vietnamese staple dishes for an affordable price of less than $10.
Rounding up the selection of malls are Parkway Parade, Roxy Square, and Katong Plaza, all of which have a legacy of their own after having been on the local scene for several decades throughout Singapore’s growing years.
A favourite amongst the local Malay community, the beloved Tanjong Katong Complex will unfortunately be closed for renovation from the second half of 2023.
However, upgrading works will bring with it rooftop restaurants and community programmes, as well as architectural designs that will help the building maintain its cultural and heritage value. Residents can look forward to stepping foot into a new and improved shopping complex in 2026.
Medical facilities on-demand
The impressive lineup of malls means that residents will get to enjoy medical care and attention on demand. A grant total of 33 general practitioner clinics can be found within a 2km radius of the residential complex. Parkway East Hospital is also accessible within a mere 7 minute drive.
While some clinics such as the Chan Family Clinic and International Medical Clinic only operate until noon, others such as the Cassia Clinic & Surgery and Katong Family Clinic operate during mornings, afternoons, and evenings, with services being available until 9 to 9:30pm.
An impressive lineup of restaurants and specialty grocery stores
The bevy of supermarkets also provides homemakers with plenty of options to mix and match fresh produce to whip up unique dishes for the family all year round. Apart from usual staples such as Cold Storage, NTUC FairPrice and Sheng Siong, there’s also a healthy supply of specialty grocers for home cooks who are looking for novel ingredients.
The Geylang branch of Scarlett Supermarket, for example, offers childhood favourites such as Quan Fu De Candied Haws as well as chinese specialty cocktails.
Hao Mart also provides specialty seafood, meat, and snack options from various parts of Southeast Asia. Finally, lovers of fresh produce will be delighted by East Coast Grocer’s selection of homemade jams and organic produce.
Those who are less savvy in the kitchen are in for a treat as well, with the timeless Katong Laksa, signature chilli crab of no Signboard Seafood, and fried kway teow of Apollo Fresh Cockle packing the aroma of ‘wok-hei’ in spades.
Looking for the next big investment amongst new launch condos?
Developments like LIV @ MB are giving Singaporeans opportunities to re-enter old neighbourhoods. If you’d like to live amongst local heritage gems, then speeding up your home search can be crucial in helping you secure favourable units at better prices.
Submit your preferences to us and let Ohmyhome’s smart data-matching technology MATCH you with the right home that fits all your specific living criteria and needs. Our algorithm will help to greatly narrow down your search, and you will hear from us via Whatsapp as soon as we have a perfect match.
You’ll also gain first access to relevant content that you can use for your research and inform your home buying decisions, so that you can have a smooth, headache-free home home transaction process without spending hours googling on the internet.
Call us at 6886 9009 to secure an appointment today with any of our Super Agents, or message us right now in the chat box at the bottom right-hand corner of the screen. If you’re on the go, we’re also available on WhatsApp at 9727 5270.
Header Image: URA Space