Lagoon View · 5000J Marine Parade Road
The asset
A rare high-floor three-bedroom, three-bathroom apartment of 1,648 sqft at Lagoon View on Marine Parade Road, asking $1,950,000 or about $1,183 psf. Siglap MRT on the Thomson-East Coast Line is 380 m away, about five minutes on foot, East Coast Park is a short walk, and Parkway Parade, Tao Nan School and CHIJ Katong Primary are close. The unit is partially furnished with tiled floors and built-in wardrobes, the estate is pet friendly, and it is currently tenanted, so the photos may differ slightly from what you see on viewing. Lagoon View is a 99-year leasehold development completed in 1977, so buyers should price the remaining lease and check their bank and CPF limits before committing. 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