wTwo Hot Condo To Debut in Northeast region – Park Colonial and Riverfront Residences

Two Hot Condo To Debut in Northeast region - Park Colonial and Riverfront Residences

Further north, Affinity at Serangoon located Serangoon North were launched at the beginning of this month, adjacent to the opening of the new project, Riverfront Residences is on next weekend with Park Colonial next to the Woodleigh MRT station open showflat for public preview.

The northeastern region of Singapore has become a hot spot, the launching of new sales this month are Riverfront Residences located in Hougang, as well as in the Park Colonial two new projects.

The Garden Residences which is located close to the Affinity at Serangoon opened at the beginning of this month.

Located in the Serangoon River implementation next to Riverfront Residences has one bedroom units which starting from 578000 yuan per square foot, on average, from 1,200 to project multiple takeoff. It is located about 800 metres distance to Hougang MRT station, there were a total of 1,472 units.

The project is a Oxley Holdings, a new development, Lian Beng, Xing Kim Shin Capital Holdings and joint development. consortium in May last year to 575,000,000 billion success selling collective standard for the privatization of the median income of the HUDC apartments, Rio Casa, every square foot of floor area ratio (PSF PPR) is 706 yuan.

Park Colonial building is sold in July last year the government plans to sell the lot into a subsidiary, Gan Eng Seng and CEL Development, as well as controlling and the joint venture company owned by a consortium. Consortium is priced at  about $1110 psf.

There were a total of Park Colonial 805 units. The one bedroom units is launched about $1700 psf and expected to be higher than than other new projects.

Jedi group (Zac.d. Group) executive director Mak Chong win accept Lianhe Zaobao interview, said Riverfront Residences and Park Colonial are near the MRt station and shopping centres and, therefore, have an advantage.

Orangetee: Home buyers still emotional buying
In addition, the weekend had new condo projects is expected to launch next month in the area. The Tre Ver condo is expected to launch in the coming third quarter of year, as well as the integrated projects The Woodleigh Residences, as well as in Hougang Florence Regency redevelopment project, a new residential area will be very busy, with a total of seven items sold at the same time.


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