Arina East Residences (Former La Ville) is a new launch freehold condominium located close to Downtown Singapore in the East (District 15). Situated along Tanjong Rhu Road, Arina East Residences is perfectly positioned between the Singapore Central Business District (CBD) and Paya Lebar Central, a fast-growing business and commercial hub.
There is further room for growth in Geylang. A 2015 rezoning by the Urban Redevelopment Authority (URA) earmarked a 14-hectare area near Arina East Residences for commercial development, which analysts say may bring about an increase in land value.
Moreover, Paya Lebar Central is located less than a 10-minute drive away. The integrated development, which houses the Paya Lebar Quarter, boasts a whopping 540,000 square feet of Grade A office space. This mega-development is poised to drive rental demand in the area and play a key role in the value appreciation of city fringe properties in the East of Singapore.
SRX estimates the market price of this unit at $XXXXXX
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