Katong Park Towers Liv MB

Liv @ MB

Liv @ MB is an upcoming residential development that is located in District 15, East Region of Singapore. The site is in the junction of Mountbatten Road and Arthur Road. It is bounded by Miaplace, 8M Residences, Rivage, Margate Point and Santa Fe Mansion. This sought after residential address is in a prime district of East Coast which has always been a popular residential area with expats and locals. The development is enclaved in low rise landed housings along Meyer Road and Mountbatten Road which will offer to its future residents rare and unblocked panoramic views of the city skyline.

The site of Liv @ MB had previously housed Katong Park Towers, a private residential development built in 1988, which comprised of 111 standard apartment units, 5 penthouses and 2 commercial shops. It was successfully acquired by Singapore listed company, Bukit Sembawang, during a collective sale exercise in 2018.

The plot area of Liv @ MB is approximately 13,076.9 square metres with a plot ratio of 2.1 and a 99 years leasehold tenure. Upon completion, this will be another quality residential project that is resided in within Katong’s rich heritage and rejuvenation initiatives under the Kallang Masterplan.  The land parcel was successfully acquired via Bukit Sembawang’s subsidiary with the price tag of $345 million. This was higher that its reserve price of $288 million that was way back in 2014. This collective exercise has a total of developers competing for it.

Bukit Sembawang’s winning bid is translated to a land price of $1,280 per square foot per plot ratio with a top up price of approximately $60 million for a fresh new 99 years lease. Each owner if the typical units at the former Katong Park Towers will be expecting a pay out of $2.25 million to $3,23 million while those penthouse owners will be expecting to receive between $4.95 million to $12.08 million.

This land parcel which has approximately 140,758 square feet of land size has the potential to be redeveloped into residential buildings to as high as 24 storeys based on the guidelines for Master Plan 2014. Coupled with its close proximity to the upcoming MRT Station and strategic locality, it is no doubt why it drew the interests of so many developers. This upcoming residential development will be set to bring to its residents the spectacular unblocked views of the city’s skyline.

Other developments that are within Liv @ MB’s vicinity include Residence Twenty Two, Infini at East Coast, Amber Park, Coastline Residences, One Meyer, Nyon and Meyer Mansion.

The Katong area is a much sought after prime residential area not just with the locals but also investors.  The streets of this area are flanked by classy and large house. What maybe unknown to many is that this neighbourhood is one of the few renowned district that is rich in culture. Many home buyers and investors are aspired to own a residence in this location where they could enjoy the cooling breezes from the sea.

But this is not just the reason why this neighbourhood is appealing to many home hunters. This area is also pretty convenient to live in with many of the amenities that are needed are just close distances from home. This area is also reputable for its established education institutes, retail malls, spaces for recreation and also offering a wide range of dining options and much more. It is also high in capital appreciation as well as being a lively estate for those who are buying for self-stay while establishing their families.

With the rising economy of Singapore, this tiny red dot is now one of top vibrant destinations in the Asia region. A huge factor that contributed to this island nation’s great success will be its strategic geographical position. It is well known as being a key global transportation hub that connects to various places globally. To get the most out from this city state, living in the thriving neighbourhood of Katong district will be a good choice. As one will be living near to majority of the attractions that people will desired for when living in Singapore.

This neighbourhood is also one of the hippest in Singapore with many amazing attractions that awaits for its residents. There are great destinations for retail therapies here where its residents can get almost anything that they desired for just close proximity from their homes. There are also many F&B options scattered round the neighbourhood which offer quality food and services.

There are also educational intuitions that are just minutes’ walks away and to access to the many amenities in this area are pretty simple with its excellent transport network. With just 7 minutes of commuting via the Mountbatten Road, residents will be able to get to the Public Library at Marine Parade Central. Liv @ MB’s future residents can also seek good medical consultation at the nearby Marine Parade Singhealth Polyclinic and also The Katong Baby and Children Clinic.

For those residents who prefer to engage in the community activities, the nearby Community Clubs at Katong and Geylang Serai will be ideal venues for them. Future residents of Liv @ MB will also appreciate easy traveling to be able to get to know new friends and having fun at these Community Clubs.

There are numerous factors why many choose to buy their properties in this area. Firstly, it provides easy accessibility to different parts not just within the estate but the island wide as well. The network of roads here is highly advanced which residents will be able to access to many amenities such as schools, shops and dining outlets with just walking distances away.

It can also access quickly to the downtown financial hub and places such as River Valley, Novena, Tanjong Pagar and Bukit Timah are also easily accessed via bus or train services.  There are many bus services that connect to this area which future residents of Liv @ MB will find it a breeze when commuting.

There are also many excellent education amenities located in this neighbourhood. Future residents will find it an ease when it comes to choosing an educational institutions for their school-going children. As a matter of fact, majority of these education facilities are just within walking distances which makes this development an ideal one for upbringing a family. The educational facilities available here include from childcare centres, kindergartens, primary and secondary schools and college as well. There are also international schools nearby which make it’s a choice for investment as well.

The most popular recreation venue in this East of Singapore, the East Coast Recreation Park is just approximately 2 minutes away from the development via Arthur Road and Meyer Road. This recreation is very popular due to its ample recreational spaces for cycling, jogging , skating, strolling and other activities.

With whopping land size approximately 185 hectares, this park spans more than 15 kilometres in length that stretches along the coastline. This popular getaway for urbanites has more than 7 million people visiting it every year. Other than plenty of recreation activities that one will be able to enjoy here, it also offers many options in terms of F&B. Visitors can choose to dine from the seafood restaurants, beach bistros or even hawkers stalls from nearby food centre as they enjoy the cool breeze from the sea.

About the Developer

Bukit Sembawang is one of the top notch real estate development firms in Singapore.  It is publicly listed and was established back in 1967. It primary activities are in property investment, property development as well as other related activities.

Since it was incorporated for more than 50 years, the firm has been continuing developing excellent residential projects in Singapore which include approximately 2,500 residences at Seletar Hills, over 1,000 houses located at Sembawang Hills as well as other residential projects located in about 500 venues.

As a pioneer in Singapore’s real estate sector, the company is known as a reputable property developer that is highly trusted and offers top notch landed housings, private condominiums and apartments. Some the company’s projects include

  1. The Atelier
  2. Nim Collection
  3. 8 St Thomas
  4. Luxus Hills

The firm’s great contributions to the real estate segment are highly accredited. Its time-honoured reputation has seen the company receiving various accolades and awards. It is also known for its quality finishing, advanced engineering, amazing designs as well as thoughtful planning. The company’s standards has truly surpass the industry’s norms which in turns giving all its occupants their satisfactions.

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Pending Approval for Sale


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Liv @ MB Site Plan and Facilities


Amenities Near Liv @ MB and Their Approximate Distances

Train Station
Katong Park MRT (TE24) Thomson-East Coast Line Due 2023 – 0.3km

Bus Stop
Katong Pk Twrs (Bus: 196, 12, 14) – 0.1km
Opp Santa Fe Mans (Bus: 14, 12, 196) – 0.2km

Supermarkets
Fairprice (41 Jalan Tiga) – 0.9km
Cold Storage (Kallang Leisure Park) – 1.4km
Sheng Siong (301 Geylang Road) – 1.7km
Giant (Parkway Parade) 1.9km

Shopping Malls
Kallang Leisure Park – 1.4km
Katong Shopping Centre – 1.5km
The Odeon Katong – 1.6km
Katong V – 1.7km
Kallang Wave Mall – 1.7km
One KM Mall – 1.8km
Katong Plaza – 1.8km
Roxy Square – 1.8km
Parkway Parade – 1.9km
I12 Katong – 1.9km

Preschool
MFC Kindergarten (Broadrick Road) – 0.3km
PCF SPARKLETOTS PRESCHOOL @ MOUNTBATTEN Blk 51 – 0.9km
Iroha Kindergarten – 1.2km
GUG The Kindergarten (Mountbatten) – 1.2km
White Lodge Kindergarten (East Coast) – 1.3km
Chen Li Kindergarten – 1.4km
Ivy Kids Preschool – 1.4km
Jamiyah Kindergarten – 1.6km
St. Hilda’s Church Kindergarten – 1.6km
Dreamkids Kindergarten @ East Gate – 1.7km

Primary School
Kong Hwa Primary School – 1.2km
Tanjong Katong Primary School – 1.5km

Secondary School
Dunman High School – 0.6km
Chung Cheng High School (Main) – 0.6km
Broadrick Secondary School – 0.8km
Tanjong Katong Girls’ Secondary School – 1.2km
Tanjong Katong Secondary School – 1.4km

Junior College
Dunman High School – 0.6km

Tertiary
James Cook University Singapore (Sims Drive Campus) – 2.2km

International School
Etonhouse International Research Preschool – 0.3km
Canadian International School (Tanjong Katong Campus) – 1.1km
Chatsworth International School (East Campus) – 1.2km

Food Centre
Blk 4A Jalan Batu Market and Food Centre – 0.6km
Kallang Estate Market – 0.9km
Blk 51 Old Airport Road Market and Food Centre – 0.9km
Dunman Food Centre – 1.8km
Blk 13 Haig Road Market Centre – 1.8km

Lifestyle
Singapore Swimming Club – 0.8km
MARINA RESERVOIR – 1.0km
Chinese Swimming Club – 1.4km
Singapore Indoor Stadium – 1.6km
National Stadium – 1.7km
The Eurasian Association of Singapore – 1.7km
MARINA BAY GOLF COURSE & DRIVING RANGE – 1.9km


Highlights of Liv @ MB

Transport Network
As of current, the nearest MRT station is Mountbatten MRT Station which is approximately 900 m away. The station is operating the MRT Circle Line. Come 2023, future residents will be able to enjoy the convenience of having the MRT Station at their doorsteps which the Katong Park MRT Station, which will operate the MRT Thomson East Coast Line, is slated to start its operations. This newly planned MRT line will be able to link future residents seamlessly to the Shenton Way MRT Station, which is located in the downtown financial district, and also the Orchard MRT Station, which is located in Singapore’s favourite shopping belt, without the hassle of transiting to other MRT lines.

For drivers, Liv @ MB is approximately 15 minutes’ drive away from the Central Business District (CBD) and also just approximately 15 minutes of driving to the Orchard Shopping District. From the nearby main arterial roads of Fort Road and Mountbatten Road, future residents can also linked seamlessly to the East Coast Parkway (ECP) and the Kallang Paya Lebar Expressway (KPE) respectively.

Amenities
In terms of shopping and dining amenities, future residents of Liv @ MB can head down to the nearby Marine Parade Town Centre, where numerous shopping malls are located. Future residents will be spoilt for choices with the numerous retail and dining establishments locating in Parkway Parade, I12 Katong, Katong V and The Odeon Katong which are just within the Town Centre’s vicinity. Right at the Town Centre, future residents can also find supermarkets and the Marine Parade Central Market and Food Centre where they could get fresh market produce, local food as well as their daily necessities.

The Katong Shopping Centre is approximately 6 minutes of driving away from the development. This shopping which is located at the Mountbatten Road started its operations back in 1973. Although it is kind of aged, it is still a very popular retail destination not just with residents of Katong but the entire East Coast area as well as it is very conveniently located.

This building not just houses a plethora of retail shops but offices as well. Shoppers who patronize this building will seldom miss the items that they are to look for. In this building, there are restaurants, employment agencies, tailor shops, printing service, eye care shops and cosmetics shops are some of the tenants here.

With its strategic location, Katong Shopping Centre will be the ideal venue where future residents can head down to with families and friends to have their retail therapies at. It is very accessible from the development so future can choose either drive down, commute or even take a walk there.

I12 Katong is approximately 3 minutes of driving from Liv @ MB. This shopping mall, previously known as Katong Mall, is location in the cross junction of East Coast Road and Joo Chiat Road, This lifestyle and F&B hub comprises of 2 basement levels with a total of 6 levels of commercial spaces that houses many lifestyle and retail shops. It has over 100 speciality stores which offer shoppers a huge amount of options in services and items. This shopping mall is well loved by many shopaholics as it offers many retail, dining and entertainment options to them. There are also many shopping malls nearby to I12 Katong which future residents will not be running out of the options.

Schools
For family with school going children, Liv @ MB is near to Kong Hwa Primary School, Tanjong Katong Primary School, Dunman High School, Chung Cheng High School (Main), Broadrick Secondary School, Tanjong Katong Girls’ Secondary School and Tanjong Katong Secondary School.

To Summarize,
1. Serenity – It is located in the quiet private residential enclave.
2. Prime – It is located in the prime District 15.
3. Locality – It is just walking distance to the future Katong Park MRT Station.
4. Accessible – It is minutes to the CBD and Orchard.
5. Reputable Developers – It is developed by Bukit Sembawang.


Liv @ MB Factsheet

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Things to Note When Buying a Property:

1. Stamp Duty
2. Loan to Value Limit
3. Total Debt Servicing Ratio
4. Comparison on Mortgage Rate

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