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Last Updated : December 02,2021

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LIV @ MB CONDO

LIV @ MB CONDO

LIV @ MB CONDO SUMMARY

LIV@MB Singapore

Liv @ MB is a brand new condominium located in the renowned residential estate along Mountbatten Road and Arthur Road in District 15.  Developed by leading property developer Bukit Sembawang Estates Limited, this new 24-story condominium offers 298 units of various layouts to meet the needs of single residents to multi-generation families. 

Seated on a large rectangular plot of 140,758 square feet, this iconic development will dedicate an estimated 70% of the land area to landscapes, communal areas, and facilities.  The key attraction of this residence is its close proximity to Katong Park MRT which is located about a 4-minutes walk from the condominium.  The development is also well connected to the East Coast Expressway (ECP) and this enables a short commute to the city, Central Business District, and Changi Airport.


In terms of amenities, Liv @ MB is surrounded by many famous eateries at Old Airport Road, Tanjong Katong, Katong, and Joo Chiat.  The area is also close to many shopping malls such as Parkway Parade, Kallang Wave Mall, and Suntec City which is less than a 10-minutes drive from Mountbatten via the ECP.

For families with school-going children, there are many reputable primary schools in the vicinity such as Geylang Methodist School, Haig Girls’, Kong Hwa Primary, and Tanjong Katong Primary.  Similarly, there are ample choices for secondary schools such as Dunman High School, Chung Cheng High at Goodman Road, Tanjong Katong Secondary, and Tanjong Katong Girls’ School.

LIV @ MB CONDO

WHY LIV @ MB CONDO ?

LIV@MB Singapore

LIV @ MB: Mountbatten Estate – Bungalow Enclave In The East

One of the strengths of Liv @ MB is its prime location amongst the landed enclave in Mountbatten Estate.  From the junction of Fort Road and Mountbatten Road to the junction at Tanjong Katong Road, this new condominium is surrounded by a renowned landed enclave designated for 2-story bungalows and 2-story semi-detached houses.  Within District 15, there are many several landed enclaves. 

However, the Mountbatten neighborhood comprises the prime landed areas that are most sought after by homebuyers, especially those looking for bungalows.  Liken to be the bungalow enclave of the East, transactions of detached homes in this in this famous neighborhood (which includes Margate Road, Ramsgate Road, Meyer Road, Broadrick Road, Branksome Road, Goodman Road, Wilkinson Road, and Bournemouth Road) are easily above $10 million.

Based on recent transactions in 2021, the detached houses along Mountbatten Road sold for $11.5 million to $12.3 million.  

LIV@MB Mountbatten Landed Enclave Map

LIV @ MB: URA Designated Conservation Area For Millionaires’ Bungalows

If you are new to Mountbatten and wonder why it is so popular with home buyers, you can google or take a stroll and check out the rich history of this estate.  You will be pleasantly surprised that 15 historical bungalows in Mountbatten are gazetted for conservation by URA.

LIV@MB 2021 Mountbatten Landed Transactions

Mountbatten Estate is one of the 5 subzones in the Marine Parade planning area.  For the purpose of urban planning, Singapore is divided into 5 regions by the Urban Redevelopment Authority of Singapore (URA) which comprises the Central Region, East Region, North Region, North-East Region, and West Region.  The Central Region is made up of 11 planning areas which include the city and Marine Parade.  Within Marine Parade, there are 5 subzones namely Marina East, East Coast, Marine Parade, Katong, and Mountbatten.

This estate is named after Lord Louis Mountbatten who was the Supreme Allied Commander of the South East Asia Command and also a relative to the British royal family.  In the early years, Mountbatten Road is a vital passage for commuters as it stretches from Nicoll Highway and connects to Guillemard Road, Sims Way in Kallang to Haig Road in Katong. 

The Mountbatten area began as a coconut plantation known as Grove Estate and later it was known for its beach and waterfront landscapes and it attracted the wealthy to build their homes in the area.  The unique single-story elevated bungalows were nicknamed “Millionaires’ Bungalows” and some are conserved till today and remained a signature of this historical estate.

One of the famous landmarks being conserved is 745 Mountbatten Road, a two-story Early Modern style bungalow known as Chan’s Ville.  This is home to the late Dr. Chan Ah Kow and his family of national swimmers renown in the 1960s and 1970s.  

Nestled amongst lush foliage and seated directly opposite Liv @ MB, house 733 is a single-story raised bungalow, standing on brick posts featuring a grand drive-through porch with columned pillars and a plaster on the porch that bears the year “1929”.  Beautifully restored to its former glory, this majestic architecture received a 2008 UNESCO Asia-Pacific Heritage Award for Culture Heritage Conservation.    

With this rich legacy, it is no wonder why many are looking to set up their homes in District 15, especially in the Mountbatten Estate.  Besides the prime estates of District 9, 10, and 11, District 15 is well sought after for its seafront lifestyle along the East Coast and its proximity to the city.  

LIV @ MB: 4-Minutes Walk to Katong Park MRT Station

Located only a 4-minutes walk to Katong Park MRT station, residents at Liv @ MB Condo can enjoy great convenience when they travel to their workplaces, to schools, or even for leisure. 

LIV@MB Location Street Map
Source: streetdirectory.com

For those working in the Marina Bay Financial District, Marina Bay Station is only 5 stations from Katong Park MRT via the Thomson-East Coast Line (TEL).  For those who wish to travel to the shopping district at Orchard Road, the TEL offers an easy direct commute to Orchard MRT station.  The TEL also offers connections to other MRT lines at key interchange stations to ensure a seamless commute to various parts of Singapore.  The closest MRT interchange is at Marina Bay station which offers direct connections to the Circle Line and the North-South Line.  

LIV @ MB: 2 MRT Stops To Parkway Parade Shopping Mall With Over 250 Stores

The nearest shopping mall from Liv @ MB is Parkway Parade which is 2 MRT stops from Katong Park MRT station.  With over 250 stores and a cinema in this 7-story mall, Parkway Parade has been serving the Marine Parade community for the past 30 years.  Residents will find their daily essentials available here with major retailers and supermarkets such as FairPrice Xtra, Cold Storage, Harvey Norman, Best Denki, Marks & Spencer, Uniqlo, Isetan, TOYS ‘R’ US, and the Food Republic which is known for their quality food court establishments. 

Besides supermarkets and retail stores, you can also find major banks located in Parkway Parade such as DBS, UOB, and Citibank. 

LIV @ MB: East Coast Park Seafront Living

From the 1970s till today, East Coast Park remains one of Singapore’s endearing places for families.  Most Singaporeans would have some memories of spending their school holidays or weekends at East Coast Park, enjoying camping, cycling, or a barbeque party by the beach.  Occupying a total land size of 185 hectares and a coastline of 15 kilometers, East Coast Park is only minutes from Liv @ MB, the perfect place for a morning jog or an evening stroll after dinner.  In recent years, East Coast Park underwent major rejuvenation with many new F&B options added to the recreational landmark such as popular cafes like PS Café, Bakery, and Bar St Marc in Parkland Green, East Coast Commune at Marine Cove.

LIV @ MB: Minutes Drive To The City

One of the highlights of the Mountbatten Estate is the close proximity to the city center and the Central Business District.  Located about a 6-minute drive to Suntec City via the ECP and about 10 minutes to Marina Bay Financial Centre, Liv @ MB offers residents the best of both worlds.

LIV@MB Drive To City Map 

LIV @ MB: District 15 Property Price Trend

Due to the limited supply of land in the Mountbatten area, supplies are mostly from collective sale by owners.  Liv @ MB sits on the generous land plot formerly occupied by Katong Park Towers which comprises 111 apartments, 5 penthouses, and 2 commercial units.  Located about 200 meters from Katong Park MRT, the site was hotly contested by 10 bidders with Bukit Sembawang Estates winning the bid with an offer of $345 million in March 2018.  Based on a land area of 140,758 square feet, this translated to $1280 per square foot per plot, with consideration of the lease upgrading premium of an estimated $60 million.  

Based on the 2014 Master Plan, the land parcel has a plot ratio of 2.1 and a maximum building height of 24 stories. The new condominium will offer 298 residential units and 70% of the land area will be dedicated to open spaces, common areas, facilities, and landscaping.  Residents can also look forward to sky terraces that offer the enjoyment of unblocked panoramic views of the surroundings.

LIV @ MB : Growth Of District 15

District 15 has been experiencing healthy growth over years and has overtaken the prime districts.  The average price per square feet (PSF) for non-landed properties in District 15 has grown by 155% from 2006 to 2021.  This has exceeded the growth rates in prime districts in the core central region such as District 9 and 10.  Given the close proximity to the city and the rich amenities in District 15, home buyers can still find attractive entry prices to own a property in the coveted Mountbatten neighborhood.

LIV@MB D15 Avg PSF Trend

Prime district such as District 9 which includes areas in Orchard Road, River Valley, and Cairnhill, has enjoyed a price growth of 91% over the past 15 years from 2006 to 2021.

LIV@MB D09 Avg PSF Trend

District 10 which includes areas in Bukit Timah and Tanglin, has enjoyed a price growth of 90% over the past 15 years from 2006 to 2021.

LIV@MB D10 Avg PSF Trend

Despite the Covid-19 pandemic, District 15 is one of the top 5 performing districts that see healthy growth in asking prices based on Property Market Index Q2 2021 by PropertyGuru.

LIV@MB Property Guru District Roundup

LIV @ MB CONDO

LIV @ MB PROJECT DETAILS

PROJECT DETAILS LIV @ MB CONDO

Description

Residential Condominium With Facilities Along Mountbatten Road
Child Care Centre
4-Storey Multi Storey Carpark & 1 Basement Carpark

No. Of Blocks

5

No. Of Storeys

18

No. Of Units

566

Site Area

16,225.20 sqm

Unit Mix

1-Bedroom 57 (10.07%)
1-Bedroom With Study 2 (0.35%)
2-Bedroom 69 (12.19%)
2-Bedroom Premium 68 (12.01%)
2-Bedroom + Study 34 (6.01%)
3-Bedroom 105 (18.55%)
3-Bedroom Premium 123 (21.73%)
3-Bedroom + Study 54 (9.54%)
4-Bedroom 54 (9.54%)

Site Use

Residential

Concierge Service

No. Of Car Parks

583 Lots Total (Automatic Care Barrier With Electronic Parking System (EPS) Access System For Residents
12 Ground Floor Parking Lots (For Child Care Centre)
220 Multi-Storey Parking Lots (For Residential)
346 Basement Parking Lots (For Residential)
5 Handicap Accessible Lots (At Basement)
142 Bicycle Lots

District

14

Address

Tenure

Leasehold 99 Years Commencing 3rd July 2019

Mukim Lot No.

MK24 Lot 11029X

Developer

Developer License No.

Project Account No.

Architect

P&T Consultants Pte Ltd

M & E Consultant

United Project Consultants

C&S Consultant

TW-Asia Consultants Pte Ltd

Landscape Consultant

Ecoplan Asia Pte Ltd

Interior Designer

Cynosure Design Pte Ltd

Quantity Surveyor

Arcadis Singapore Pte Ltd

Main Contractor

Lian Beng Construction (1988) Pte Ltd

Payment Scheme

Progressive Payment Subject To Bank's Approval

Eligibility

No Restrictions. Singapore Citizens, Singapore Permanent Residents And Foreigners Are Eligible To Purchase.

Expected Date Of Vacant Possession

2024

Expected Date Of Legal Possession

2025

Appliances & Fittings

Electrolux, Hansgrohe, Roca

Security

24-Hour Security Guard

LIV @ MB CONDO

LIV @ MB LOCATION

The sale price for Liv @ MB Location reflects a land rate of $1,280 psf ppr factoring the top-up of about $60 million for extending the lease. Owners of the units are expected to receive anything between $2.25 and $3.23 million. But owners of the penthouses will receive higher amounts ranging from $4.95 million to $12.08 million.

Sitting on the site is a 31-year-old property comprising of 5 penthouses, 111 apartments and 2 commercial units. The site has a land area of 140,758 sq ft. It has a plot ratio of 2.1 and can be developed for residential purposes, rising to 24-storey as per 2014 Master Plan guidelines.

The developer drew interest on the site due to its excellent connectivity to the future Katong Park MRT Station. The location of Liv @ MB is also strategic. Many iconic landmarks also surround it. The upcoming Liv @ MB condo is set to be a high-quality development providing unobstructed scenic views of the beautiful city’s skyline.

LIV @ MB CONDO

LIV @ MB SITE PLAN

LIV @ MB SIte Plan

The sale price for Liv @ MB Site Plan reflects a land rate of $1,280 psf ppr factoring in the top-up of about $60 million for extending the lease. Owners of the units are expected to receive anything between $2.25 and $3.23 million. But owners of the penthouses will receive higher amounts ranging from $4.95 million to $12.08 million.

Sitting on the site is a 31-year-old property comprising of 5 penthouses, 111 apartments and 2 commercial units. The site has a land area of 140,758 sq ft. It has a plot ratio of 2.1 and can be developed for residential purposes, rising to 24-storey as per 2014 Master Plan guidelines.

The developer drew interest on the site due to its excellent connectivity to the future Katong Park MRT Station. The location of Liv @ MB is also strategic. Many iconic landmarks also surround it. The upcoming Liv @ MB Condo is set to be a high-quality development providing unobstructed scenic views of the beautiful city’s skyline.

LIV @ MB CONDO

LIV @ MB DEVELOPER

Liv @ Mb Developer bukit Sembawang Estates limited

Incorporated in 1967, the developer of Liv @ MB, Bukit Sembawang Estate Limited started from humble beginnings as a rubber company in 1911 and later diversified into the development of landed properties in Seletar and Sembawang areas in the 1950s.   To date, the company has developed more than 4,600 landed homes which include many renowned projects such as Luxus Hills, Nim Collection, Watercove, and Mimosa Terrace.  After a 10-year run, Bukit Sembawang launched its final phase of 999-year landed homes in the Seletar Hills estate in February 2020.  After a 2-week preview, the 39 landed homes were completely sold out.  The average prices of the terrace homes sold ranged from $3.35 million to $3.4 million.  

Similar to Luxus Hill, Bukit Sembawang has achieved great success with the 99-year leasehold Nim Collection located on Nim Road.  The first 2 phases comprising 98 houses are completely sold out and there will be a launch of phase 3 with 132 homes soon.

In addition to landed homes, Bukit Sembawang has developed more than 1,800 apartment units in prime districts such as Paterson Suites at Paterson Road, Verdue at Holland Road, and the latest luxury condominium 8 St Thomas at St Thomas Walk near the Orchard district.  The completed development comprising 250 units of 1 to 4-bedroom layouts was launched in August 2018 offering buyers immediate occupation or rental.  The project is fully sold and it has also achieved a new record PSF after a 2,422 square feet unit was transacted at $3,716 psf.

Following the success of 8 St Thomas, Bukit Sembawang launched The Atelier in early 2021, a freehold luxury condominium located at Makeway Avenue, minutes walk to Newton MRT and the famous Newton Food Centre

Avenue South Residence
8-St-Thomas-by-Bukit-Sembawang-Developer-for-The-Atelier-Singapore
8 ST THOMAS
LIV @ MB CONDO

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