Hundred Palms Residences EC coming soon to Hougang finally

hundred-palms-ec

Hundred Palms will be the next latest District 19 Executive Condo (EC) to watch out for. This New Yio Chu Kang EC is nicely situated along Yio Chu Kang Road that is just beside Regentville Condo. Prestigious Rosyth School, one of the top Primary School is well within the 1km radius. It’s also one of Top School that offer Gifted Education Programme (GEP).

Hundred Palm Residences EC is a new 99 years leasehold Executive Condo. The Developer, Hoi Hup Realty has proposed to build 531 Residential units. 9 blocks of 15 storey with full condominium facilities will likely be built. This is interpreted to S$331.02 per square feet per plot ratio (psf ppr). The Breakeven price is estimated to be around S$660 psf ppr.

About Developer

Hoi Hup Realty Pte Ltd was established in 1983. It is a dynamic property developer who has since completed over 900 quality homes. It now has a pipeline of more than 500 private residential components at different periods of development. Hoi Hup Realty sell out jobs include Suites @ Cairnhill The Ford @ Holland and Waterford Home.

Hoi Hup Realty was awarded the Best Buildable Design Award 2007 Value for De Royale Condominium from Building and Construction Authority. Imaginative designs and luxury insides are the signature mark of each of their developments.

Many big and small malls is located at a mature estate and surrounds hundred Palms EC. Nearby Bus & MRT Interchange is at Buangkok, Kovan, Hougang and Serangoon. Within 5 minutes drive you can go to the favorite Serangoon Gardens Village. There it is possible to locate Restaurants, Pub, coffee shop and also the well-known Chomp Chomp hawker centre. There’s 2 Sports stadium nearby which is Hougang Stadium and Serangoon Stadium.

Why Should you be Hundred Palms EC

  • Reputable Developer- Hoi Hup is among the biggest Developer in Singapore. Their missions are understood to supply high end and luxury ending.
  • Conveniently located in a mature estate with many comforts. You will have no problem shopping for groceries and locating eateries.
  • Rosyth School will be the main attraction for parents looking to enrol their kids in one of the very best Primary School as it’s within 1km of Hundred Palm EC.
  • Hundred Palm Executive Condo will probably be priced below those Private Condo around it.
  • Simple access to major expressways for example CTE and KPE.
  • Housing Grant up til $30k
  • Zero Added Buyer Stamp Duty (ABSD)
  • Hundred Palms Executive Condo will likely be starting in first half 2017.

Also not to miss out the development of Hougang Town that is near Hundred Palms

1601825

British Government to Relaunch 2 GCB Land Plot

Both sites at Nassim Road are expected to have a guide price of $1,650 to $1,700 psf.
The British government may soon relaunch two good class bungalow (GCB) plots in Nassim Road, after bids received during the initial tender neglected to satisfy the guide cost, reported The Business Times.

The two land lots were carved out from the garden of Eden Hall, the official residence of the British High Commissioner to Singapore.

Sammi Lim, Manager, Investment Properties at advertising agent CBRE, will close in early August, and confirmed after this month that both schemes will be launched again for bid.

The previous bid for the sites closed on 12 January, at a time when property opinion was poor due to concerns over the international stock market rout and China’s economic slowdown.

The 15,634 sq ft back plot, on the other hand, had a guide price of $31.268 million ($2,000 psf).

This time around, however, the two plots are expected to carry a lower guide price of about $1,650 to $1,700 psf.

The relaunch came as no surprise to market watchers, given the recent development in market sentiment.

Some bidders were eager on only one scheme while others were interested in both as they wanted greater flexibility to reconfigure the site to satisfy their requirements,” said Lim.