Tanjong Rhu Condos: Offers a nice and scenic waterside lifestyle with private residential condominiums that offer a great location for being close to the city and lovely water ways from the Kallang Riverside to the Marina Barrage.
The area of Tanjong Rhu has its history appearing in a map dated 1604, where it was first mentioned. Tanjong Rhu in history was also known to be associated with shipbuilding and repairing from the early days.
How Tanjong Rhu got its name?
Tanjong Rhu Road was named after the casuarina trees that grew along the coasts of Kallang and Rochor. Casuarina trees are known as pokok rhu in Malay, rhu being the Malay name for the casuarina littoria variety of the tree.
It is unknown when the road was named Tanjong Rhu but the name has been in use since at least the early 17th century, as the area is labelled “Tanjon Ru” in Emanuel Godinho de Erédia’s1604 map featuring Singapore. 3 other roads that connect to Tanjong Rhu Road are named similarly, such as Tanjong Rhu Place, Tanjong Rhu View and Tanjong Rhu Cross.
The Beautiful Watersides of Tanjong Rhu
Tanjong Rhu is one of the private residential areas that is located close to the city centre of Singapore and is connected to the RIR (Round Island Route) of the Park Connector. It is just 10 minutes away from Marina Bay by car, and if you choose to use the Park Connector, you can get there quite easily while enjoying some lovely scenery along the Gardens by The Bay East.
Here are some photos taken while on a walk through the park connector that leads you around the condominiums at Tanjong Rhu.
The landmark structures in the area include the Tanjong Rhu Suspension Bridge, the look out circular tower and the Singapore National Stadium and Indoor Stadium. Water sport activities such as kayaking, canoeing, dragon boating are popular in this area, and you get to see groups of such sports on the weekends and early mornings.
The area is also known to be a venue for large concerts as it is where Singapore National Stadium and the Singapore Indoor Stadium is located. Some major sporting events and national day parades have been organized and held in these venues.
Taking a walk from Tanjong Rhu to the Marina Bay Area is also a nice and pleasant scenic path. You have 2 route to get to the Marina Bay Area, one by using the park connector through Gardens by the Bay East and the other walking up the Sheares Bridge (ECP). As a resident of the area, i often take a round route as a good form of exercise bringing me a distance of approximately 7.5km.
This route brings me from Tanjong Rhu Area, walking up the Sheares Bridge, past the Ritz Carlton Hotel to the Helix Bridge, then down to Gardens by the Bay, the Marina Barrage and then Gardens by the Bay East, to bring me home to Tanjong Rhu.
Along this scenic path, on occassions i have seen the famous family of otters and other wildlife of birds, large lizards and beautiful trees and flowers. I also admire the lovely structures of the Helix Bridge, The Art Science Musuem, Gardens by the Bay indoor gardens, Marina Bay Sands Hotel and the Singapore Flyer.
As you can see, i truly enjoy this waterside lifestyle and being able to get a good balance of leisure activities and easy accessibility to the city centre!
Tanjong Rhu was regarded as quite an inaccessible area to live in because there was no close by amenities such as the convenience of a hawker centre, and wet market. Today of course, there is the upcoming yet to be completed Tanjong Rhu MRT station (to be completed in 2023) and Kallang Wave Mall situated just right beside Stadium MRT which sits on the circle line allowing easy commute with its connectivity to the Downtown Line and other MRT network.
Condominiums in Tanjong Rhu
There are quite a number of private residential condos in Tanjong Rhu. These condos were built in the 1990s offering a bigger floor size as compared to today’s new condominiums. For this reason, it still remains an attractive property choice for those seeking larger sized homes.
You can find 2 bedrooms of 1335sf in size in Costa Rhu Condo. Yes, you read right! 1,335 square feet for a 2 bedroom! That is a rarity in today’s offering of new condominiums being built today. 4 Bedroom penthouse units are available at The Camelot by the Bay, with a huge size of 5490sf offering a good outdoor terrace area on the upper level to admire the waterside.
List of Condominiums in Tanjong Rhu:
Pebble Bay (510 units)
Costa Rhu (737 units)
Water Place (437 units)
Tanjong Ria (168 units)
Casuarina Cove (160 units)
The Camelot by the Bay (99 units)
Sanctuary Green (522 units)
Park Shore (*Freehold, 152 units)
A total of 8 Condominiums are found in Tanjong Rhu with all being 99 year leasehold except for Park Shore.
Pebble Bay and Costa Rhu are the largest developments in this area. They are also located around the water front, with some units offering the lovely views of the bay area. These condos command good demand as it continues to appeal to those working in the Marina Bay Financial District, Suntec City and Central Business District. In the 1990s to 2000s, many expats have also taken to buying in this location instead of renting.
Healthy Transactions and Future Growth Potential
Pebble Bay had transactions for 2 bedroom units in May 2021 going for $1,425sf , at around $2.7Mil . The average psf is $1,435.
Costa Rhu showed a unit changing hands in April 2021 with a 4 bedroom unit going for $3.14Mil ($1,421psf), the owner reap a profit of $2.14Mil!
Water place condo also recorded the latest transaction in April 2021 for a 3 bedroom unit going at $1.64Mil ($1,348psf).
These show a healthy level of transactions in Tanjong Rhu, as the psf prices are still lower than new launch prices of today, with its location being in the city fringe and offering a nice water side lifestyle.
Future Tanjong Rhu MRT - to complete in 2024
The residents of Tanjong Rhu are looking forward to the completion of the Tanjong Rhu MRT station slated to be in 2024. This Tanjong Rhu MRT line is part of the Thomson East Coast Line.
Tanjong Rhu MRT Station - Expected Completion Year 2024
Limited Number of Condominiums in Tanjong Rhu
The 8 condos in Tanjong Rhu keep the limited supply with no future new developments in the area. The area remains attractive to both buyers and tenants for its close proximity to the city centre and water side lifestyle it offers.
As shared in the details earlier, the unit sizes here are much better in total square footage as compared to new launches of today. This appeals to families and couples who seek larger live in spaces, especially so in these times where working from home becomes very common.
Family oriented facilities in the condominiums offer children a social community to play with others from a good international community here which houses many nationalities. Larger overall development land sizes means that units have good spaces between buildings and are too too densely built up, with better views of swimming pools, water bay views or facilities within the condominiums while not directly looking into another unit, giving a good amount of privacy.
Convenience of Malls and Sports Hub nearby
Kallang Wave Mall and Kallang Leisure Park offers supermarkets and a variety of eating options from cafes to restaurants. The Sports Hub is the arena for lots of different sport activities, such as an indoor olympic pool, running tracks, basket ball courts and indoor badminton and table tennis venues.
It is close to the vibrant Bugis Area, Mosque Street and Bali Lane where vibrant cafes and art murals are found on this popular area ,with middle eastern cuisine.
With the Tanjong Rhu MRT station completed, transportation to the city centre is just a mere few stations away.
If you like to know more about the properties in Tanjong Rhu, feel free to connect with me. I have been a resident here for the last 9 years, and i enjoy every moment of living here in Tanjong Rhu.
Hozzászólások