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Laguna Park  

A High-Rise Residential Redevelopment Site offering Panoramic Sea Views and MRT station (U/C) at its doorstep 

Laguna Park is a 99-year leasehold private residential estate comprising seven residential blocks of 506 apartment units, 10 penthouses and 12 commercial units, and has a site area of 62,197.25 sq m (approx. 669,484 sq ft). The site is largely regular and enjoys dual frontage onto Marine Parade Road and Siglap Link.

Under the 2014 Master Plan, the site is zoned “Residential” with a Gross Plot Ratio (GPR) of 2.8 and can yield approximately 1,874,557 sq ft of Gross Floor Area (GFA) upon redevelopment. Based on the potential GFA and assuming an average unit size of 70 sq m, there is potential for 2,487 new residential units upon redevelopment.

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Major arterial roads as well as expressways such as Marine Parade Road, East Coast Road, and East Coast Parkway (ECP) provide seamless connectivity to other parts of Singapore. The site is also a brisk 15-minute drive to the Central Business District and Changi International Airport. The upcoming Siglap MRT station, situated at the door step of Laguna Park, will enhance the connectivity of the site when it is completed in 2023. East Coast Park, which offers a wide array of sporting, dining and recreational activities, is accessible via an underpass adjoining the site.

 

Existing Development:

506 apartment units, 10 penthouses and 12 commercial units

Tenure:

99-year leasehold wef 24 Aug 1977

Site Area:

62,197.25 sq m (approx. 669,484 sq ft)

Master Plan 2014:

“Residential” with a Gross Plot Ratio of 2.8

 

 

DISCLAIMER: While every reasonable care has been taken in preparing the contents of this property summary, the owner and the marketing agent cannot be held responsible for any inaccuracy. The particulars in this summary do not constitute, nor constitute any part of, an offer or contract.

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