Sceneca Residence – Optima at Tanah Merah
Sceneca Residence is a 99-year leasehold residential development situated next to the Tanah Merah MRT station on the Tenah Merah Kechil Link. The project also features commercial space on the ground floor. It is a joint development of MCC Land, The Place Holdings, and Ekovest Development.
Optima @ Tanah Merah
Optima at Tanah Merah at Sceneca Residence is a 99-year leasehold residential development located adjacent to the Tanah Merah MRT Station. The development also features commercial space on the ground floor. It is jointly developed by MCC Land, The Place Holdings and Ekovest Development.
While Optima at Tanah Merah at Sceneca Residence has been completed since 2012, it is unlikely to be a cheap buy. The last recorded transaction in the development averaged $1,215 psf and $850,000. It saw 153 profitable transactions and nine unsuccessful ones. In general, new launch condos tend to be priced higher than their older counterparts. However, the addition of attached commercial spaces can justify the higher price.
If you’re looking for a place that offers good connectivity, you may want to consider the Optima at Tanah Merah condo. It’s located right next to the Tanah Merah MRT station on the East-West Line. The podium will be linked to the station, giving residents easy access to public transportation. Also, the development is close to Bedok Mall and the Tenah Merah Kechil Link.
The closest MRT station is just a three-minute walk away. There are two more developments, Urban Vista and Sceneca Residence, on the opposite side of the station. Both developments are expected to be completed by 2026.