Costa Rhu · 9 Rhu Cross
The asset
A three-bedroom unit of 1,702 sqft with four bathrooms at Costa Rhu, the 737-unit waterfront condominium at Tanjong Rhu completed in 1998 beside the Kallang Basin. It is a renovated corner unit with a poolside outlook and a patio that works for children, pets or an evening drink, plus a maid's room with its own bathroom, a kitchen yard and extra storage, and it will be available soon. Tanjong Rhu MRT on the Thomson-East Coast Line is 770 m away, about nine minutes on foot, with the ECP and Nicoll Highway for drivers and East Coast Park and the Sports Hub close by. The asking price of $3,100,003 is about $1,821 psf on a 99-year lease in a development completed in 1998, so price in the remaining tenure. The two furnished wide views in the gallery are digital stagings of the living room, which the other frames show as it stands. Marketed by Ivan Lim of The Property Collective, CEA R047812E.
Ivan Lim holds this listing for the team because it fits the brief of an asset-progression buyer: durable fundamentals, a defensible location, and an entry that compounds rather than flips. A short call will tell us whether it fits where you are.
How we'll handle it