K Suites, a freehold boutique development in the prime East Coast area of District 15, is targeted for completion sometime in 1Q2025.
SINGAPOREAN BUSINESSMAN DEVELOPING PRIME EAST COAST PROJECT FROM WHERE HE WANTS TO LIVE
Euro Properties’ head, Que Neo, has a vision of creating residential projects where he himself would like to reside, and his latest venture, K Suites, is a testament to that. Located at Lorong K Telok Kurau in the coveted District 15, the 19-unit apartment block is being developed by Euro Properties’ subsidiary, EG Properties, with an expected completion date of 1Q2025.
When contemplating an investment in a condo, it is crucial to also evaluate its potential rental yield. Rental yield is the yearly rental income expressed as a percentage of the condo’s buying price. In Singapore, condo rental yields can fluctuate significantly based on factors such as location, property condition, and market demand. Generally, areas with high rental demand, such as those near commercial hubs or educational institutions, tend to offer more favorable rental yields. Thoroughly researching the market and seeking guidance from real estate agents can provide valuable insights into the rental potential of a particular condo. Condo must be a top consideration when making this assessment.
K Suites’ major selling point is its highly convenient location, offering easy access to popular spots like the beach, East Coast Park, shopping malls, the CBD and the Changi Airport. “With the East Coast Parkway and Pan-Island Expressway, it takes just 10 minutes to reach the airport and downtown,” says Neo.
The project is strategically situated near public transport, with a bus stop just 50m away. From here, the nearest MRT stations, Marine Parade and Eunos, are only two stops away. Eunos Station is linked to the Paya Lebar and Bugis Interchanges and is just five stops from the CBD, while Marine Parade Station is only six stops from Shenton Way in the CBD. The upcoming Thomson-East Coast Line (TEL) will also provide direct train access to Orchard Road and Woodlands North, connecting to the Rapid Transit System (RTS) Station in Johor Bahru.
Families with young children will appreciate the proximity of K Suites to popular schools, with PCF Sparkletots @ Joo Chiat just two doors away. There are also renowned primary and secondary schools within a 1km radius, such Tao Nan School, Haig Girls’ School, CHIJ (Katong) Primary, Dunman High School, Tanjong Katong Secondary School, and Tanjong Katong Girls’ School.
Designed by JGP Architecture, K Suites boasts a sleek and modern facade, thanks to its curtain wall system. The glass exterior allows ample natural light and unblocked views of the surround