Real estate in Singapore continues to be in demand, and the bids for the condo project Park Colonial, Woodleigh Lane is an indication of the fact that many reputed real estate firms are looking for prime plots for developing. The Park Colonial development near MRT station at Woodleigh was auctioned as part of the government land sales program in 2017 for a period of 99 years and attracted 15 bidders including many large and reputed real estate firms. Park Colonial Condo Prices will be available soon and the winning bidder for the leasehold plot was CEL Unique Development, which is a joint venture of three reputed construction and real estate firms, Chip Eng Seng Corp and established holding firms, Heeton and KSH holdings.
CEL Unique Development Park Colonial Condo
CEL Unique Development, the winning bidder had offered $700.7 million for the Park Colonial plot, which is about $1110 per square feet per plot ratio. Heeton Holdings is one of the most reputed real estate firms in Singapore, having developed some of the most high quality real estate projects, and has invested in real estate worldwide. KSH (Kim Seng Heng) Holdings limited was established in 1979 and is a holding company controlling construction, property development and property maintenance firms with operations in Malaysia, Singapore and People’s Republic of China. Chip Eng Seng is a real estate developer firm founded in the 1960’s which is listed in the Singapore stock exchange. The launching prices and showflat is not available soon and will be updated at the official website when it is available.
Chip Eng Seng Park Colonial Site and Floor Plans
Woodleigh Lane is located in district 13 of Singapore, close to the central business district. The plot has an area of 210404 square feet, and an approximate area of 631,212 square feet after construction is complete. The condo project is likely to have 16 storeys, and approximately 800 residential units of different sizes like one, two, three bedroom units are likely to be constructed. The condo project will have the latest high tech amenities and facilities like swimming pool, jogging track, children’s playground, indoor gym, BBQ area, clubhouse, function room, tennis court and security guard. Media advertisements on Chip Eng Seng Park Colonial Woodleigh MRT Station will be out at different stores and recreational outlets.
Park Colonial Showflat and Prices
One of the main reasons why the Park Colonial Site and Floor plans is attractive to real estate investors and those interested in purchasing a home, is the location, close to the railway station at Woodleigh, which is one stop away from the Serangoon MRT station interchange for the circle line. The underground Woodleigh station is popular with residents and visitors, and has tactile flooring suitable for those who are blind. It has many ticketing machines and also serves as a civil defence shelter, to be used during emergencies. The condo project is also close to the Bidadari Housing estate, and the government is planning to develop the Bidadari town.
For the convenience of those who will reside at Park Colonial Condo there are many reputed shopping malls like Nex Shopping Centre, the Poiz centre, and the venue shoppes with a Fairprice and other shops , restaurants, food courts and a cinema. Some of the reputed schools and colleges near the Park Colonial CEL Unique Development are the Stamford American International School, Saint Andrews Junior college, Maris Stella High school and Cedar Girls secondary school. There are two types of apartments, facing Woodleigh lane or Youngberg terrace, and units which are located on the sixth floor and above have an unblocked view of surrounding areas.