The Sceneca Residence is a 99-year leasehold new launch condominium located at Tanah Merah Kechil Link in District 16. It will be part of an exciting mixed-use development that includes commercial space, with about 21 528 sq ft on the ground floor, and a retail mall called “Sceneca Square.” This project is set to TOP in 2026 and will have approximately 268 residential units. In this article, we’ll discuss more on the Sceneca Residence Indicative Price, so read!
Sceneca Residence is located just right next to the Tanah Merah MRT. Also, this is the only mixed development you can find in Tanah Merah so it’s perfect if you’re looking for one in this area. As we have mentioned above, the ‘shopping mall’ on the ground floor is called Sceneca Square so it is very convenient for residents.
Public Transport at Sceneca Residence
The Sceneca Residence offers a rare mix of accessibility and connectivity, with direct access to Tanah Merah MRT station which is only one stop away from the Expo interchange station. From there, you can head into the Downtown line. In the future, the Expo MRT station will also be connected to the Thomson-East Coast Line (TEL). This will increase the accessibility to the Central Business District (CBD) and the northern parts of Singapore.
Amenities near Sceneca Residence
The Sceneca Residence is in a privileged location, with many amenities nearby. It’s not difficult to find food and shopping options at the Singapore Expo, Changi City Point, and the world-class Jewel Changi Airport.
The Sceneca Residence is a great place to live if you’re looking for convenience. It is less than 10 minutes away from the Simpang Bedok food enclave, including the F&B outlets at Bedok Marketplace, Bedok Shopping Complex, and East Village. Additionally, there’s also a Giant supermarket at Bedok Marketplace as well as a Cold Storage at East Village. Residents can also enjoy a short drive to the famous Bedok 85 Market, Bedok Corner Food Centre, and Bedok Mall.
Sceneca Residence Indicative Price
Now, let’s take a look at the estimated Sceneca Residence indicative price! We are sure that you will find Sceneca a great deal. The break-even price of this Sceneca unit is $1582.76 psf, and the expected selling price will be around $1899 per square foot (psf), then it’s a very cheap deal or undervalued pricing in today’s market!
If you would like to find out more, do check out our latest video!
Now, if we were to compare Sceneca to Lentor Modern, there is definitely a difference. The transacted price for Lentor Modern is around $1,900 to $2,200psf. On average, the transacted psf in Lentor Modern is $2,100 psf. This is slightly higher than Sceneca Residence.
Let’s come nearer to the same site. The recent transactions for Sky Eden show a high average price of $2,100 psf. Again, Sceneca is more attractive as compared to Sky Eden.
Next, we shall look at Grandeur Park. It recently launched in Tanah Merah and it has already reached its TOP and most residents are already moving in! Let’s take a look at their profitable transactions. In September, the first unit (452sqft) was sold and the seller made a profit of around $171k! In August and July, (893 and 883sqft) were sold and the seller made a profit of around $300-$400k! That is pretty impressive considering that these are the smaller three-bedroom compacts.
You’ve come to the end of the article! So, if Sceneca is going to launch at $1,900 psf, do you think it will be a good deal? We hope that you are intrigued and interested in the Sceneca Residence indicative price. Do contact us here if you have any questions or inquiries and we’ll be more than happy to guide you through. Also, don’t forget to check out our other articles!