Did you know that landlords grow rich in their sleep? Well, now you know. Real estate is the best form of passive income and the great news is that its value always increases because it is the only thing they are not making any more land. Owning a home is the nicest word there is, that is why you should think about real estate in Katong. So, what is Katong?
Katong Estate Near to The Opus Amber Gardens
Tanjong Katong also known as Katong is located in the central region of Singapore. It is a residential neighborhood in Marine Parade. After Singapore gained independence in the 1960s, most land was reclaimed towards the East Coast Park so as to create adequate land for growth developmental projects like housing and land for recreational facilities. The rich cultural mix in Katong significantly contributes to the unique cuisine Katong as the area is known for the amazing restaurants that serve the tasty and amazing Peranakan cuisine and the tasty Katong Laksa a spicy Chinese noodle soup. The Opus is near to Tanjong Katong MRT Station and is located at Amber Gardens near to East Coast Park.
Now that you know what Katong is, but probably wondering what is in it for you in Katong? Remember, the best time to buy a home or own a piece of land is always 5 years ago. So, take the step today and own a home in Katong. What is in it for you in Katong?
Not only is Katong is home to the extinct sea turtle species but will also provide you with the sea mirage rippling effect when observing the shoreline. Tanjong is a word that refers to the Cape in Malay and it was previously a famous beach at the East Coast region. Due to land reclamation, the coastal features previously located at the Tanjong Katong Flyover along the East Coast Parkway have since disappeared.
The Opus Amber Gardens Near Katong Shopping Centre
The rich history in Katong is deeply rooted in wealth and prestige as many Chinese, Anglo-French, Portuguese and English settlers bought pieces of land beside the sea for cultivation. The main farm products were gambier, cotton, and coconut during the 1823s. After the World War I, Katong gradually developed from just a mere seaside to a strategic location for homes in the form of colonial seaside bungalows for the wealthy away from the hustle and bustle in the city life.
Katong is associated with the Peranakan and Eurasian community. The Joo Chiat neighborhood comprises of the Katong’s historic center that is uniquely associated with the Singaporean culture mix of the Chinese, English and Peranakan colonial style.
Katong Opus Condominium Near City Fringe
Katong was home to the early scions of the Englishmen Cathay organization film magnate and Lord Mountbatten. Residents in Katong include the ancestral family of Senior Minister Goh Chok Tong and Minister Mentor Lee Kuan Yew. It is also worth noting that Sellapan Ramanathan the former president lived along Ceylon Road in Katong. Katong is also part of the Constituency of Marine Parade Group Representation and the parliamentarian member is; former prime minister, Edwing Tong, Fatimah Lateef and Emeritus Senior Minister Goh Chok Tong of the people’s party.
As you plan to buy land or own a home in Katong, this is what you should expect and much more. So, take the step today, buy now then wait. Don’t wait then buy.