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Press Release: Prices Announced for Parc Botannia
|Unit Type||Typical Size (sqft/sqm)||Prices|
|1 BR||430/40||From $548k|
|1 BR + S||560/47||From $633k|
|2 BR-C||581/54||From $738k|
|2 BR-P||667/62||From $820k|
|2 BR + S||775/72||From $937k|
|3 BR-C||870/80||From $1.04M|
|3 BR-P||969/90||From $1.17M|
|4 BR-C||1152/107||From S$1.3M|
|4 BR-P||1280/119||From S$1.45M|
|5 BR||1410/131||From S$1.6M|
A Record of Condominium Costs
It’s been almost six years since Condominiums made a comeback in 2010. By 2010 to Q1 2013, the ordinary launch cost of an condominium valued modestly from S$800 psf into S$950 psf. This growth was still acceptable since it had been in sync with enhancing buyers’ opinion for residential properties around the whole throughout this period.
That is because a purchaser’s present HDB monthly mortgage payment won’t be factored into TDSR calculations if a lender assesses the total amount of loan to give him within an Condo unit. Executive condos were consequently found at an average cost of roughly S$800 psf at Q2 2013, up from an average of S$750 psf throughout the first half of the year.
Projects which adopt strong pricing plans in 2017 transfer sales quicker
Two condominium projects stood out from 2017 with regards to number of earnings — Hundred Palms Residences and Parc Botannia. As reported by a developer sales survey in August, Hundred Palms Residences was sold out on the first day!
Competitive pricing is the principle of this sport for developers to market their executive condominium jobs quicker in 2017. That is because buyers stay very cost sensitive, on account of the enduring impact of the MSR cap for new Condo buys and constraints on property loans caused by TDSR.
About Park Colonial
Park Colonial is a high rise luxury condominium with a total of about 734 units located behind Avon Park. It will be developed by CEL Unique Development Pte Ltd, which is a consortium of Chip Eng Seng Corp, Heeton Holdings and KSH Holdings.
It is situated along 309 Upper Serangoon Road and Woodleigh Lane, with close proximity to Woodleigh MRT Station in Singapore. There are an estimated of 734 units with the price determine to be between S$1700 to S$1800 psf.
The development will consist of investible sizes and also family friendly sizes. All the units will be designed with thought for space, comfort, and luxury living. The 2br units will have a choice between compact and with study units. The 3br will have a compact and grand model. There will be no 1br units, making the development truly one for the family, quality investor, and enjoying good demographic trend in the development.
One main attraction of the Condominium is that is located as part of the Bidadari Estate. This will attract high rental demand and a good capital gain over the next 10 years.
Bidadari is also connected and convenient because of the North East (Purple) and Circle (Yellow) Line. URA has termed Bidadari as a “Community Within a Garden”, and picturesque landscape and open greenery will be very much expected. Bidadari is will be a beautiful, urban oasis where all can seek calm, rest, and build a family.
Park Colonial Condo is developed by CEL Unique Development Pte Ltd, a joint venture between CEL Development, Chip Eng Seng Corp, Heeton Singapore, and KSH Holdings Limited. The individual developers are very experienced with years in the realtor industry.
“Since 2000, CEL has been actively acquiring sites for property development and investment. These developments include residential, commercial and industrial properties. The current portfolio of CEL includes mid-market and high-end prime properties.
CEL believes in growth through partnerships. It has established joint ventures with reputable foreign funds such as Lehman Brothers Real Estate Partner II and Citadel Equity Fund Ltd. CEL has also teamed with local partners like NTUC Choice Homes Co-operative Ltd and Keppel Land Limited on several highly successful property projects.”
Hence, this condominium is in good hands and foreseeable good and quality development.
Top 10 Reasons Why Park Colonial Is A Good Choice
Here is why Park Colonial is a good choice for investment or family home:
- Minutes to CBD and City
- Along Upper Serangoon Road
- Near Potong Pasir Mature Estate
- Plenty of Amenities and Shopping Choice
- Along NEL and 1 stop to NEX Serangoon Circle Line
- Near Good Schools
- Good Capital Appreciation from Bidadari Rejuvenation
- Upcoming Poiz and Woodleigh Mall
- Potentially high rental demand
- Minutes to CTE and PIE
To see more on the detailed reason of why Park Colonial could be your top choice, do refer here: https://parkcolonial-official.sg/project-details/
Also note that Park Colonial will be one of the newest launch condominium in Singapore in March 2018, so hype and popularity will certainly build up.
Access To Press Release and Preview
Gain access to the latest news and updates by Park Colonial. Register at the official site (see link above) to find out more and be part of the early preview residents.
Harbour View Gardens is a 99 years condo situated along Pasir Panjang Road. It will have direct connectivity to West Coast Highway and within walking distance to Haw Par Villa. Previously, it has gone through a series of tender before being successfully tendered by Roxy-Pacific at a bid of S$33.25m.
The site is within URA’s Queenstown Planning area. Comparative developments in the area includes The Orient, The Verandah Residences, One Residences. Nearby developments includes Icon@Pasir Panjang, Viva Vista, and Parc Imperial.
This leads to the top 6 reasons why this condo Enbloc will be worth a look:
Reasons to invest in Harbour View Gardens (REVIEW by Xin.sg)
1. Excellent Connectivity via West Coast Highway and AYE
Having a strong transport connectivity in terms of public road networks and MRT stations distance, residents living in Harbour View Gardens will enjoy seamless connectivity to the city and business nodes.
This means it offers the convenience in a congested city like Singapore, and going to work will be a breeze.
2. Walk to Haw Par Villa MRT Station
The close proximity to Haw Par Villa (and even Pasir Panjang MRT Station) means you can easily walk and get access to public transport.
From Haw Par Villa MRT, you are:
- 4 Stops to Harbour Front MRT
- 6 Stops to Jurong Lake District
- 5 Stops away to Sentosa Island
- 2 Stops Away to MapleTree Business City
- 10 Stops to Orchard
- 6 Stops to CDB/Marina
Forget driving when you are so close to the main attractions and CBD of Singapore.
3. Near Prestigious Schools and Education Hub such as NUS/NUH
If you are looking to get an ideal location for your children, Harbour View Gardens Singapore could be perfect for you.
NUHS as an Academic Health System will improve the health of our community through better and more cost-effective care, nurturing the next generation of healthcare professionals, world class research and empowering people to take ownership of their health.
The prestigious schools nearby provides a merit education journey for your children, so you don’t have to go far or worry about long distance commuting to schools.
4. Centralized Location and Minutes to Orchard Road, Vivocity, CBD and Marina Bay.
If you are one for shopping and visiting Singapore scenic attractions, you are in for a treat.
Harbour View Gardens is situated along Pasir Panjang Road and is one of the centralized location within Singapore. With such an location, you can travel to metro shopping areas with ease.
5. Strong Tenant Base from Surrounding Business Parks
Harbour View Gardens is near important hubs that is part of Singapore’s URA Masterplan for business sectors. They include One-North, HarbourFront Precinct, Alexandra Precinct, Fusionopolis, and Holland Village.
One of the noteworthy hubs, the Mapletree Business City, is a Grade-A integrated business Hub, modernised and revitalised the precinct. The total GFA Gross Floor Area is almost two million sqft.
- MBC will have the ARC aka Alexandra Retail Centre, it is a 3-storey shopping and convenience mall that will add 89,000sqft of retail space and 75 retail shops made up of a mix of restaurants, café, supermarket and banking facilities.
- The next and final stage of rejuvenation will see Mapletree transform The Comtech into the second phase of MBC, MBC II. MBC II will complement the existing state-of-the-art business facilities at MBC with new elements such as a sunk-in amphitheatre that rest in the middle of a lush green landscape, blending harmoniously with the nature parks located in the area. It will also feature innovative and adaptive space solutions, which will be supported by retail and F&B options. MBC II will also be home to Singapore’s tallest business park at 30 storeys. The completion of MBC II (expected in 2016) will reinforce MBC as a first-rate business park concept, further underpinning the development’s place as the centrepiece of Alexandra Precinct.
6. Freehold land in land-sparse Singapore
With Singapore getting more cramped and land-sparse, it is rare to find freehold units. Most offer 30 years now which is not ideal for both investing and living.
Harbour View Gardens will be a rare find amidst our real estate landscape, and be sure to keep track of this development to find out how it progresses.
Register your interest: https://harbourviewgardens.com.sg/contact-us