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  • Bukit Sembawang to Launch Rare Strata Landed Seafront Living Project at Sembawang

Bukit Sembawang to Launch Rare Strata Landed Seafront Living Project at Sembawang

July 5, 2017
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Singapore 5 July 2017 - The market is anticipating the launch of a brand new freehold seafront living project, Watercove, located at the end of Sembawang Road/ Kampong Wak Hassan. Well established developer Bukit Sembawang is offering 80 freehold strata terrace units comprising a good mix of intermediate terrace, corner terrace and semi-detached units with large sized formats of between 3,200 sf and 4,400 sf, which are ideal for families.

Each of the terrace units is designed with four lavish ensuite bedrooms and one guest room or family room, and a roof terrace. All units are fitted with lifts for easy access. Regardless of which unit they pick, buyers can be assured that the interiors are all meticulously designed and outfitted with top-of-the-line fittings and finishes, such as Miele and De Dietrich kitchen appliances, Villeroy & Boch sanitary wares, Hansgrohe sanitary fittings, Daikin air-conditioning, and more. To allow homeowners to live luxuriously and at ease, the developer has also gone the extra mile to equip all the units with some home automation features, such as a digital lock-set, control devices for the air-conditioner and lighting for the living, dining and master bedroom.

Joseph Tan, Executive Director, Residential, CBRE said “The developer has taken care to create a home in a park by the sea, an oasis nestled in the emerging growth cluster of the Northern Corridor. The sports facilities within the estate blend perfectly with the great outdoors surrounding the project.”

Ms Margaret Thean, Edmund Tie & Company’s Executive Director of Residential, commented: “Watercove is sited in a locale with tremendous growth potential which has yet to be reflected in housing prices, so in time to come, we expect the development to fetch excellent rental yields and enjoy substantial capital appreciation.”

 

Resort-style facilities

For leisure pursuits, the development, which has been designed for total relaxation and rejuvenation, is akin to a holiday resort. The development grounds are dotted with plenty of tranquil and soothing water-themed recreational facilities, such as a swimming pool, a reflexology pool cum lounge pool with spa seats and spa beds, a Jacuzzi and onsen, a water play area for children, and more.

Great location coupled with an abundance of amenities

This is an ideal home for those who value privacy and tranquillity when looking for a property,but do not wish to compromise on convenience. The development is in close proximity to several shopping malls such as Sembawang Shopping Centre, Sun Plaza Shopping Mall, Chong Pang City, Causeway Point and Northpoint Shopping Mall.

Water sports enthusiasts and adventure lovers will also like the fact that there are plenty of water sport lifestyle and recreational facilities within the vicinity, such as the SAF Yacht Club, which offers activities such as sailing and wakeboarding; Sembawang jetty, which provides a venue for canoeing, water skiing and fishing; Water-Venture Centre for kayaking, trail walks and wind surfing; and Sembawang Hot Spring for a unique natural hot spring experience.

Families with school-going children, on the other hand, will appreciate the convenience of the location, with a handful of reputable educational institutions including Chongfu Primary School, Canberra Primary School, Admiralty Primary School, Yishun Town Secondary School, Ahmad Ibrahim Secondary School and Yishun Junior College, located just a short drive away.

The project is supported by a well-connected transport network that is expected to expand in the near future. The Sembawang and Yishun MRT stations are minutes’ drive away. The new Canberra MRT station along Canberra Link, located between Sembawang and Yishun MRT station, will be completed in 2019. These MRT stations will eventually connect with the major Thomson East- Coast MRT Line. The Seletar Expressway, Central Expressway, Tampines Expressway and the upcoming North-South Expressway will facilitate shorter travelling times for residents. In particular, the North-South Expressway will provide residents a direct connection to the city when it is completed in 2020. The completion of Watercove is timed with the completion of these transport connections. The developer will also be offering shuttle bus services for the first year from Sembawang MRT stations from 7.00am to 8.00pm daily.

​Looking ahead, the future Johor Bahru Rapid Transit System’s integration with the upcoming Thomson-East Coast Line will offer excellent accessibility to the city centre as well as to Iskandar Malaysia. 

Another notable highlight of living at Watercove is the abundance of nature that surrounds the development, thanks to a handful of nearby attractions including Sembawang Park, Sungei Sembawang and Sembawang Hot Spring.
 
Watercove presents good potential investment returns. It is located within the Northern Coast Innovation Corridor, which spans from Woodlands Regional Centre, Sembawang to the future Seletar Regional Centre. These new commercial hubs are part of the state planner’s decentralisation strategy and is envisioned to be a major source of employment. The hubs will serve as a strong focal point of a wide range of live-work-play options outside of the Central Business District and will provide a host of retail choices and job opportunities for residents.
 
Woodlands Regional Centre is set to realise its full potential as Singapore’s Northern Gateway whereby they have 700,000 sqaure metres of new commercial space planned and more than 100 ha of land for expansion into four unique precincts, mainly Admiralty Park and waterfront residential, Central Boulevard mix used and Northshore Innovation.
 
The Seletar Regional Centre is located next to the Seletar Aerospace Park which provides a range of activities including R&D. Gambas Avenue and Woodlands Avenue 9 and 12 will be developed into a new manufacturing zone to meet the growing demand of the sector.
 
The area is also set to be transformed with ambitious plans for the North Coast Innovation Corridor – which has already started in earnest with the Punggol Enterprise District at one end, and the Woodlands Regional Centre at the other. The former is slated to become a hub of expertise for digital and cyber security industries, while the latter – under the HDB’s Remaking Our Heartland (ROH) programme – is set to transform into the “Star Destination of the North”.
 
CBRE is a joint marketing agent with Edmund Tie and Company for Watercove. The launch is scheduled for this weekend on 8 July 2017.
 
END
 
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Disclaimer:

Neither CBRE nor its affiliated companies make any warranties or claims on the implied accuracy of the information contained herein.

About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world's largest commercial real estate services and investment firm (based on 2016 revenue). The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.

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