Is Tanjong Ria a good buy

Tanjong Ria Condominium can be considered a viable option for several reasons, but it ultimately depends on your specific needs and preferences.

Location

Tanjong Ria is located at 121 Tanjong Rhu Road in District 15, which is part of the Kallang neighbourhood. It is close to several MRT stations, including Tanjong Rhu MRT, Stadium MRT, and Mountbatten MRT, making it convenient for commuters.

Facilities and Amenities

The condominium offers a range of facilities, including a gym, swimming pool, tennis court, squash court, sauna, BBQ area, playground, and security services. These amenities can enhance the living experience.

Unit Types and Sizes

The development consists of 168 units, with a variety of floor plans ranging from 1 to 3 bedrooms, and sizes from 614 sqft to 1,399 sqft. This diversity can cater to different family sizes and preferences.

Pricing

The sale prices range from approximately $950,000 to $2 million, with a psf price range of $1,547 to $1,658. Rental prices are between $3,500 and $6,650 per month. These prices are relatively competitive compared to other condos in the area.

Demand and Transactions

There has been a consistent demand for both sales and rentals at Tanjong Ria Condominium, indicating its appeal to buyers and renters.

Buyer Profile

The buyer profile shows a significant proportion of Singaporean buyers (71.7%), followed by Permanent Residents and foreigners, which can be an indicator of the development's attractiveness to local and international buyers.

Considering these factors, Tanjong Ria Condominium could be a good buy if you are looking for a well-located, amenity-rich condo with a range of unit types and competitive pricing. However, it is always advisable to conduct a thorough market analysis and consider your personal financial situation and long-term goals before making a purchase decision.