Redeveloped Properties Are On The Rise In Sengkang

 

 

More and more Singapore Condos have been taken over by developers, revamped, and being placed back on the market.  One such condo is Parc Bonannia which is through Sing Holdings and will go on sale in Nov 2017.  This condominium offers one, two, three, four, and five bedroom units that range from 431 sq ft to 1,679 sq ft.    Pricing runs from $1,280 per sq foot and up.

 

  • One-bedrooms start at $548,00
  • Two-bedrooms start at $738,000
  • Three-bedrooms will run from $1.04 mil on up
  • Four-bedroom will run from $1.3 mil on up
  • Five-bedroom will run from 1.6 mil on up

This new launch condo is located on Fernvale Street in Sengkang.  The building which has a leasehold period of 99 years has four towers of 22 storey condominium apartments with 735 units that sit on over 17,196 square metres of land.  It is conveniently located near the local train station that makes regular stops at the Sengkang MRT.

 

This will be a wonderful place for owners to call home.  Each condo has a different garden theme along with a community garden.  Enjoy a wonderful clean lap pool along with a floating Barbecue pavilion and fitness center.  You will also enjoy their beautifully laid out jogging trails.  This is a truly luxurious condominium that will fill up pretty quickly.

 

For tenants with children, there is a nearby playground that offers an aviation theme and an animal park that sits off Seletar West Farmway 5.

 

For a night out for dining or a day on the town for shopping, visit the popular eateries street located at the nearby Jalan Kayu or Seletar Mal Shopping Centre. Compass One which is located at just 8 minutes LRT ride away is also of close proximity

 

Parc Botannia is jointly developed by developers, Sing Holdings and Wee Hur Holdings.  During bidding on this property, they managed to beat 13 other prospective group of developers for $287.7 million. This equates to $517 per sq ft.

 

 

About Sing Holdings:

 

This is a Singapore investment firm and property development company founded in 1964. They invest in many different properties from condominiums, apartments, warehouses, and industrial buildings.  They are a leading investment company listed on the Singapore Exchange.

 

 

About Wee Hur Holdings:

 

This company that dates back to 1980 than in 1988, they incorporated as Wee Hur Construction to increase their business expansion.  They have since moved into ventures for construction projects that are of significant value offering greater complexity, and a great deal more diversity.  As of January 2008, they became a completely owned subsidiary of Wee Hur Holdings.

 

The last property to open for sale was the High Park Residences which was released for sale in .  Almost all units have been sold and this property is located near the prestigious Rivertrees Residences.  Like this property, they believe  Parc Bonannia will fill up very quickly.

 

 

The Anchorvale EC (Sengkang EC) is another condominium project by Hoi Hup Realty and Sunway Developments that is located in this area but the launch date has not yet been announced.

 

refer to the link below fore more info,

http://www.straitstimes.com/business/property/sing-holdings-wee-hur-to-launch-parc-botannia

 

 

 

 

Upcoming new launches in Singapore

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