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Condo

Cote D'azur, 60 Marine Parade Road — From S$1.8M

60 Marine Parade Road

1 for sale
7 people are looking at this property right now
Condo

Cote D'azur, 60 Marine Parade Road — From S$1.8M

Cote D'Azur, 60 Marine Parade Road
1 Units To Buy
For Sale
Type Units Min Area Price Range
1 BR 1 914 sqft S$1.8M
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Property Highlights
  • Condo development with 1 unit currently available.
  • Prices currently start from S$1.8M.
  • For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$359K on this acquisition.
  • Located 7 min (600 m) from TE26 Marine Parade MRT Station.
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Cote D'Azur: Elevated Coastal Living on Marine Parade Road

Cote D'Azur stands as a distinguished residential address along one of Singapore's most sought-after coastal corridors. Located at 60 Marine Parade Road, this condominium development captures the essence of contemporary urban living whilst maintaining proximity to the East Coast's natural appeal. The development draws its inspiration from Mediterranean sophistication, translating that sensibility into a modern Singapore context where residents enjoy both the convenience of city connectivity and the restorative qualities of a seaside neighbourhood.

The location represents a carefully curated balance between accessibility and exclusivity. Positioned merely 7 minutes' walk or approximately 600 metres from TE26 Marine Parade MRT station, Cote D'Azur residents benefit from seamless transport connectivity without sacrificing the tranquility that characterises this established residential enclave. The Marine Parade district has evolved into one of Singapore's most mature and desirable neighbourhoods, attracting a diverse demographic of owner-occupiers and investors seeking stability and growth potential.

Strategic Location and Connectivity

The East Coast precinct has long commanded premium valuations within Singapore's residential property market, and Marine Parade Road specifically benefits from its orientation towards coastal amenities and established commercial infrastructure. The proximity to TE26 Marine Parade MRT station provides direct access to the Circle Line, enabling commuters to reach the Central Business District, Dhoby Ghaut, and Singapore's major transport hubs within 15 to 20 minutes. This connectivity makes the development particularly attractive to working professionals and families who value both location convenience and neighbourhood character.

Beyond public transport, the surrounding area offers a comprehensive network of lifestyle facilities. The East Coast Park, stretching along Singapore's eastern shoreline, provides residents with unparalleled opportunities for cycling, jogging, and waterfront recreation. Local dining establishments span from casual beachside eateries to established restaurants serving international cuisines, whilst the neighbourhood's mature infrastructure includes reputable schools, medical facilities, and shopping convenience at nearby East Coast shopping centres.

Development Design and Unit Offerings

Cote D'Azur presents a carefully considered residential offering that caters to discerning buyers seeking quality over sheer scale. The development's architectural approach emphasises clean lines and functional elegance, with units designed to maximise natural light and ventilation. Available floor plans range across various configurations, with individual units offering generous proportions—some extending to approximately 914 sqft and beyond—that provide the spaciousness increasingly demanded by today's resident base. This emphasis on unit quality reflects the broader market shift towards space-conscious, premium-positioned developments in the Eastern region.

The interior specifications across Cote D'Azur units reflect contemporary living standards. Modern kitchen layouts incorporate durable finishes and integrated appliance provisions, whilst bathrooms feature quality fixtures designed for both functionality and aesthetic appeal. Living and bedroom areas are proportioned to accommodate comfortable furnishing arrangements, supporting the lifestyle expectations of owner-occupiers at this price point. The development's unit variety ensures that different household compositions and preferences can find suitable accommodation within the project.

Investment Considerations and Market Position

Prospective purchasers evaluating Cote D'Azur in an investment context benefit from the development's location within a district characterised by consistent rental demand. The proximity to TE26 Marine Parade MRT and the neighbourhood's appeal to expatriate communities, young professionals, and upgraders creates a robust tenant base. Rental yields across comparable East Coast properties have historically ranged between 3% to 4% gross, though actual performance depends on unit configuration, floor level, and prevailing market conditions at time of lease commencement.

For owner-occupiers, Cote D'Azur's positioning within Marine Parade offers compelling medium to long-term capital appreciation potential. The district's maturity, limited new supply pipeline, and sustained demand from quality-focused buyers continue to support price resilience. Properties in this neighbourhood have demonstrated stable growth trajectories, particularly those emphasising spacious units and good building management—both hallmarks of well-positioned condominium developments along this corridor.

Neighbourhood Lifestyle and Amenities

The Marine Parade neighbourhood extends far beyond residential accommodation to encompass a comprehensive lifestyle ecosystem. The East Coast Park's 15-kilometre stretch of recreational waterfront sits adjacent to Cote D'Azur, offering residents immediate access to cycling paths, sandy beaches, and outdoor sporting facilities. This integration of residential living with recreational amenity represents a significant draw for families and health-conscious individuals seeking balance in their daily lives.

Dining and entertainment options throughout the district reflect Singapore's multicultural character. Established hawker centres co-exist with contemporary cafés, fine dining establishments, and casual international restaurants, whilst nearby shopping facilities provide both everyday convenience goods and specialised retail offerings. The neighbourhood's educational institutions, including several well-regarded primary and secondary schools, make it particularly attractive for families planning long-term settlement.

Financing and Regulatory Framework

Buyers contemplating purchase at Cote D'Azur should be aware of the financing landscape applicable to properties in this segment. Mainstream financial institutions typically offer loan-to-value ratios of 75% to 80% for condominium purchases in the East Coast area, with interest rates tracking prevailing market conditions. At the development's price point, Total Debt Service Ratio (TDSR) considerations rarely present obstacles for buyers in stable employment with conventional income profiles, though careful budgeting remains prudent given broader economic dynamics.

Prospective second-property buyers should account for Additional Buyer's Stamp Duty implications. Singapore Citizens purchasing Cote D'Azur as a second residential property face a 20% ABSD levy on the purchase price, materially impacting acquisition costs and overall investment returns. This regulatory consideration requires explicit factoring into financial planning and should inform detailed due diligence before commitment. First-time buyer status provides exemption from ABSD, altering the financial calculus considerably for qualifying purchasers.

Market Positioning and Comparative Context

Within the broader East Coast condominium landscape, Cote D'Azur occupies a distinctive position emphasising quality, location, and moderate density. The development competes within a competitive segment alongside other established Marine Parade and East Coast properties, with differentiation rooted in unit size, building age, facilities provision, and architectural character. Price per square foot across comparable offerings in this neighbourhood has historically ranged between S$5,000 to S$6,500 psf, though recent transactions reflect ongoing market dynamics and individual property attributes.

The development's appeal extends across multiple buyer demographics. First-time upgraders transition from HDB or smaller condominium properties find Cote D'Azur's spacious units and established neighbourhood particularly compelling. Owner-occupiers prioritising lifestyle and location over maximised appreciation discover the trade-offs inherent in East Coast positioning attractive relative to emerging developments elsewhere. Investors evaluating rental yield, tenant quality, and long-term capital stability view the development as a fundamentally sound proposition within a stable market segment.

Future Market Dynamics and Long-Term Outlook

The East Coast district faces limited new major residential supply in the medium term, a structural characteristic that supports sustained demand for established developments like Cote D'Azur. Whilst Marine Parade itself represents a mature neighbourhood with predominantly existing stock, the scarcity of new projects in this vicinity means that well-maintained condominium developments maintain relevance and attractiveness within the evolving market. Demographic trends favouring coastal living, established neighbourhood character, and transport accessibility continue reinforcing the district's fundamental appeal.

Buyers evaluating Cote D'Azur should anticipate the development's continued relevance within a market increasingly valuing location stability, quality finishes, and established communities over aspirational developments in emerging estates. The Marine Parade address carries intrinsic market recognition and enduring desirability that transcends individual project cycles, positioning careful purchasers for sustained property value and consistent liquidity when circumstances necessitate future realisation.

Frequently Asked Questions

What rental yield can investors expect from purchasing a unit at Cote D'Azur?

Rental yields across comparable East Coast developments typically range between 3% to 4% gross annually, though actual performance depends significantly on unit configuration, floor level, and prevailing market rental rates at time of lease commencement. The development's proximity to TE26 Marine Parade MRT and the neighbourhood's appeal to expatriate communities and young professionals support consistent tenant demand. Investors should conduct detailed rental market analysis specific to their intended floor plan type, as unit size and view orientation materially influence achievable monthly rental rates within this neighbourhood.

How does Cote D'Azur's price per square foot compare to recent Marine Parade transactions?

Price per square foot across comparable Marine Parade condominium properties has historically ranged between S$5,000 to S$6,500 psf based on recent market transactions, with variation reflecting building age, facilities quality, unit size, and specific location characteristics within the district. Cote D'Azur's established position and unit dimensions position it competitively within this range relative to other quality-focused developments in the immediate neighbourhood. Prospective buyers should review recent arm's-length transactions in comparable buildings to establish realistic valuation benchmarks and ensure purchase price alignment with prevailing market standards.

What Additional Buyer's Stamp Duty implications apply to second-property purchasers at Cote D'Azur?

Singapore Citizens purchasing Cote D'Azur as a second residential property face Additional Buyer's Stamp Duty of 20% on the total purchase price, a material cost that significantly impacts acquisition expenses and overall investment returns. This 20% ABSD levy applies regardless of the unit's price point and represents a mandatory additional expense beyond standard conveyancing costs and stamp duty obligations. First-time property buyers remain exempt from ABSD, fundamentally altering the financial calculus for qualifying purchasers and warranting explicit consideration in purchase decision-making and financial planning.

What lease tenure does Cote D'Azur carry, and how might this affect long-term resale value?

Lease tenure information for Cote D'Azur should be verified through official property records and sales documentation, as this critical factor directly influences long-term capital appreciation and financing eligibility. Leasehold properties declining below 70 years remaining tenure face increasingly constrained financing availability and widening valuation discounts as buyers become reluctant to acquire diminishing-tenure assets. Prospective purchasers should obtain explicit tenure confirmation and model long-term depreciation scenarios if lease tenure falls below 80 years, accounting for the compounding effect of time decay on future resale market value and buyer pool.

How does proximity to TE26 Marine Parade MRT affect property demand and capital appreciation?

The 7-minute walking distance to TE26 Marine Parade MRT station significantly enhances Cote D'Azur's accessibility and underpins sustained demand across buyer and tenant segments. MRT proximity consistently commands rental and capital market premiums, with properties within walkable distances to major stations demonstrating more resilient value trajectories than distant alternatives. This connectivity enables working professionals to access the Central Business District and broader transport network efficiently, directly supporting the neighbourhood's appeal to upgraders, expatriate communities, and investor purchasers seeking properties with long-term liquidity and appreciation potential.

Is Cote D'Azur suitable for first-time property buyers, or does it cater primarily to upgraders and investors?

Cote D'Azur appeals across multiple buyer demographics, though its prime Marine Parade location and unit spaciousness typically position it as an upgrader choice or quality-conscious investment rather than entry-level first-time purchase. First-time buyers with substantial capital and mortgage capacity may find the development compelling, particularly given the neighbourhood's established character and investment resilience. Owner-occupiers prioritising lifestyle, location, and long-term stability discover Cote D'Azur's East Coast positioning attractive relative to emerging developments, whilst investors evaluating rental yield and capital stability view it as fundamentally sound within a mature, stable market segment.

What TDSR and financing headroom considerations apply to purchasers at Cote D'Azur's price point?

Mainstream financial institutions typically offer loan-to-value ratios of 75% to 80% for condominium purchases within the East Coast area, with interest rates tracking prevailing market conditions. At Cote D'Azur's price point and prevailing interest rate environment, Total Debt Service Ratio constraints rarely present obstacles for buyers in stable employment with conventional income profiles, though careful individual assessment remains essential. Prospective purchasers should obtain pre-approval confirmation from their preferred financing institution, as TDSR calculations depend on individual income, existing debt obligations, and prevailing interest rate assumptions that determine serviceability headroom.

How does Cote D'Azur compare to competing condominium developments in the Marine Parade and East Coast vicinity?

Cote D'Azur occupies a distinctive position within the East Coast condominium landscape, emphasising unit spaciousness, established location, and moderate density relative to competing offerings. The development competes with other Marine Parade properties through differentiation rooted in unit size, building age and condition, facilities provision, and neighbourhood character rather than aspirational new-build premiums. Prospective buyers evaluating Cote D'Azur against comparable alternatives should assess relative unit sizes, amenities packages, building management quality, and transaction history within similar developments to establish informed comparative value judgments.

Are particular floor levels or unit stacks at Cote D'Azur better positioned for value retention and capital appreciation?

Lower-to-mid floor units typically command slight discounts relative to higher floors, creating entry opportunities for value-conscious purchasers willing to trade view orientation for initial price advantage. Middle-level floors often represent optimal value propositions, offering elevation benefits without the premium pricing of top-storey units whilst avoiding common lower-floor concerns regarding privacy and noise proximity. However, floor-specific value dynamics depend substantially on individual unit orientation, view characteristics, and current market demand, requiring detailed property-by-property evaluation rather than blanket recommendations.

What future supply pipeline exists in the Marine Parade and East Coast district that might affect Cote D'Azur's market positioning?

The East Coast district faces structurally limited new major residential supply in the medium term, a characteristic that supports sustained demand for established developments like Cote D'Azur. Marine Parade itself represents a mature neighbourhood with predominantly existing housing stock, meaning scarcity of new competitive projects maintains relevance for well-maintained condominium developments across an extended investment horizon. This constrained supply backdrop, combined with demographic trends favouring coastal living and established neighbourhood character, supports the fundamental proposition that careful Cote D'Azur purchasers should anticipate enduring property value and consistent liquidity for future realisation.