Park Colonial Condo – New Launch by CEL Development Unique
Park Colonial is the latest development by CEL Unique Development Pte Ltd, which is a consortium of Chip Eng Seng Corp, Heeton Holdings and KSH Holdings. It is an exciting and hype launch as the article detail the top investment reasons.
- (1888PressRelease) July 17, 2018 - Park Colonial is the latest development by CEL Development. It is situated along 309 Upper Serangoon Road and Woodleigh Lane, with close proximity to Woodleigh MRT Station in Singapore. 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.
A unit of Chip Eng Seng Corp and Unique Real Estate has put in the top bid for a plum site in Woodleigh Lane. The Government land sales site tender attracted 15 bidders – close to what analysts had predicted – with offer amounts exceeding expectations. The 99-year leasehold site launched on May 30 under the confirmed list for the first half of this year drew a top bid of $700.7 million from CEL Unique Development, which is 60 per cent owned by Chip Eng Seng Corp, and 40 per cent by Unique Real Estate. Unique Real Estate is a joint venture of Heeton Holdings and KSH Holdings units. The land is next to Woodleigh MRT station, adjacent to Bidadari New Town and near amenities such as Nex shopping mall. The 19,547 sq m site has a maximum gross floor area of 58,641 sq m.
Park Colonial Singapore – What is the expected price?
Given that the parcel is in a highly attractive location. The bid points were not surprising. Depending on how the development façade and design orientates itself, residents will enjoy unblocked views of surrounding greenery and horizon, as the site is adjacent to the landed housing area, thus offering permanent views. Based on the land bid, the selling price of the proposed development is ecpected to range from $1,720 psf to $1,800 psf.
Here are the top 10 reasons why Park Colonial is a good choice for investment or family home:
1. Minutes to CBD and City
2. Along Upper Serangoon Road
3. Near Potong Pasir Mature Estate
4. Plenty of Amenities and Shopping Choice
5. Along NEL and 1 stop to NEX Serangoon Circle Line
6. Near Good Schools
7. Good Capital Appreciation from Bidadari Rejuvenation
8. Upcoming Poiz and Woodleigh Mall
9. Potentially high rental demand
10. Minutes to CTE and PIE
Park Colonial Condo Project Details
Location Maps and Surrounding Amenities
Park Colonial Condo will be beside Woodleigh MRT, which is one stop away from Serangoon MRT station. Residents will find transportation convenient and minutes to big shopping complexes like Nex Shopping Mall. Here are some hubs that will be situated close by: Poiz Centre, The Venue Shoppes, etc.
Education wise, not to stress in the event that you think there will be a lack of schools in this new developing town as there are top schools situated inside the region, for example, Stamford American Intl School, Cedar Primary, Cedar Girls’ Secondary, St. Andrew’s Junior, St. Andrew’s Secondary, St. Andrew’s Junior College, Maris Stella High School (Primary and Secondary) for you to filter out when the ideal opportunity for enrolment comes.
Also note that Park Colonial is one of the newest launch condominium in Singapore in March 2018, so hype and popularity will certainly build up. Register with the Park Colonial Official Developer Team to keep updated with the latest news.
Learn more about the development here: https://parkcolonial-official.sg
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