Park Colonial Condo
Park Colonial Condo
Park Colonial is a unique property development; hawk-eyed investors will be impressed by its convenient location and connectivity.
Park Colonial was developed by CEL Unique Development Pte Ltd.
Competition that was after was this property was numerous and, all in all, it was a real rats’ race to get it.
However, CEL finally crashed the rivals with the highest bid of $700,700,700. 00.
They have a leasehold of 99 years over the property that is 210,402 sft big.
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The property will be divided into six blocks with 805 units that have a mix of everything from 1-bedroom to 5 bedroom apartments.
TOP date is predicted for July, 13th of 2022.
|Project Name||Park Colonial|
|Developer||CEL Unique Development Pte Ltd|
|Developer Sales Hotline||65 6100 6150|
|Est Indicative Selling Price||average $1,5xx psf|
|Type Of Development||Residential Highrise|
|Address||2 Woodleigh Lane|
|Tenure||99 Years Leasehold|
|Land Area||210,404 sqft|
|Max Gross Floor Area||631,206 sq ft|
|Gross Plot Ratio||3.0|
|No. Of Towers|
|No. Of Units||734|
|Bedroom Allocation||1 – 5 Bedrooms|
|Expected TOP||Jul 2022|
|Description||Park Colonial Condo is a 800 units of 1-5 bedrooms 99 years leasehold condo from $9xxk located in 2 Woodleigh Lane developed by UIC and UOL.|
Park Colonial condo Brochure Download
Park Colonial Location
Park Colonial is situated in a prime area of district 13 along Serangoon Road; its attractive location increases the prospects for higher capital growth and rental yield.
Street directory location of Park Colonial
Park colonial is just minutes away from the CBD making it an ideal investment destination for expatriates and businesspeople. Its proximity to the CBD makes it a favorite residential spot for the ever-growing employed professionals.
Regarding shopping and lifestyle amenities, the property is nearby as shopping centers and malls as The Venue Shoppes is just 1.2 kilometers away, The Poiz Centre (U/C) is a kilometer away, and Macpherson Mall (M2) is 1.2 kilometers away from the property. Everything is within walking distance.
The residential development is well linked with public transport; Woodleigh MRT Station is right next to the property as its 100 meters away which is convenient for future residents. For motorist Park Colonial is near Expressways and major highways as Pan Island Expressway, Central Expressway and Central Expressway are a few minutes away from the property.
Park Colonial is conveniently located with educational institutions, food centers, and health facilities are all located within a 1-kilometer radius from the property. Its proximity to various amenities will provide authentic urban living experience to its future residents.
The Closest MRT
Woodleigh MRT is the nearest train station to Park Colonial.
It is located in the Upper Serangoon Road, only one minute away from the property. This was one of the first MRT stations that existed when the North East Line was opened. When we said one minute away, it meant one minute of driving. If you want to reach it on foot it will take you only four minutes, a very desirable trait when you plan to be a resident of any Singaporean area.
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Potong Pasir is the second closest MRT to Park Colonial.
By walking you will be there in only 11 minutes. Just like Woodleigh MRT, it is situated in the Upper Serangoon Road. You can also get here by public transport.
You will have to use the Woodleigh MRT from where the train you need goes every five minutes and takes 11 minutes to the Potong Pasir MRT.
Car is the fastest means of transport to the Potong Pasir MRT and it will take you no more than five minutes.
Down below you will see the visuals of how to reach these two train stations.
MacPherson MRT is one more significant train station nearby.
In terms of walking distance or the bus-drive distance, it is unfortunatelypretty far away. By car, nevertheless, you can reach it in just 8 minutes. You will have to pass through the Upper Serangoon and Upper Aljunied roads to enter the MacPherson road where the MRT is originally located. This will be a 3.6 kilometers long way that can sometimes be heavily jammed by cars at around 15 o’clock.
Should you be forced to go here by public transport, there is an option that will take you there in about 28 minutes.
When you enter the Platform B at Woodleigh MRT, take a train along the North East Line from Punggol to Serangoon.
Ride one stop and then then take the Circle Line for three stops and you’ll be there.
Distance to the Raffles Place
Singapore’s most important business centre is only 11 kilometers away. By car you can reach it in 11-12 minutes. CTE is the fastest route you can take by car but be aware that there are tolls along the road.
The North East Line Woodleigh MRT will also be an option to come to the Raffles Place.
Enter the platform B at Harbourfront stop and get off at Clarke Quay.
That will be a ride of six stops after which you have to walk for eleven minutes to be at the destination.
This is also an important point to note when we designate the location of the Park Colonial’s location.
Disttict 13 comprises two areas: Macpherson and Potong Pasir.
Macpherson is a mini industrial region nestled along the Circuit road.
It is bordered by Aljunied , Geylang and Paya Lebar.
Potong Pasir is bordered by Toa Payoh to the left, and is a residential area significant for being ruled by Chiam See Tong from the opposition to the ruling party.
Park Colonial Developer
Park Colonial is a joint venture development between Chip Eng Seng Corp, Heeton Holdings and KSH Holdings. Chip Eng Seng is a household name in the Singaporean Property market with a proven track record in developing industrial, commercial and residential properties.
Heeton Holdings is a well-established group that over the years have developed high quality and incredible residential properties all over Singapore. The group’s main priority is to ensure client satisfaction is met while upholding integrity and transparency.
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KSH Holdings Limited (Kim Seng Heng Holdings Limited) is a reputable and respected company in construction, property management, and property development. The firm has an impressive record of undertaking construction projects ranging from construction of industries, commercial buildings, major institutions, and residential buildings.
Park Colonial Amenities
One of the impressive things that make Park Colonial an investment hotspot is its closeness to a wide range of shopping choice and amenities, it’s a hub of lifestyle with convenience every direction you move ensuring future residents needs will be fully catered for.
The convenient location of Park Colonial is just minutes away from the CBD and the city, making the property a catchment area for working-class professional looking for housing project within their work offices for an easier commute from home to work boosting rental income to future landlords.
Park Colonial near stores
The Chong Qing Grilled Fish Restaurant is located nearby Park Colonial
Park Colonial near Potong Pasir MRT
Park Colonial near woodleigh MRT
Park Colonial near PUB Recreation Club
Park Colonial near venue shoppes
Park Colonial near cold storage
Park Colonial near NEX
Park Colonial near Prime Supermarket
Park Colonial near FairPrice Potong Pasir
Park Colonial Floor plan Download
Park Colonial Investment Opportunities
Reports of success by different developers are the best proof that this year has a lot to look forward to when it comes to the property sales in Singapore.
CAPITALAND Limited is one of such companies that made a statement that they saw a 4.4% rise in their net profit in Q2.
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Their net profit for this year is estimated at $605.5 million.
The total rise in the revenue is 35.3%, which amounts to $1.34 billion.
Singapore and China account for over 70% of their revenue for this year, making them one of the leading developers on the market.
CDL is also one of the developers proud to state their huge success this year.
Namely, they boast 79.5% rise in their August net profit in comparison to the same period last year.
Their revenue for the quarter is $1.36 billion, and the success can be traced to the strong property sales of units of their recently launched projects such as The Tapestry in Tampines and New Futura in The onie Hill Road.
This encouraging news should be enough to say that the cooling measures that seem to have wounded the Singaporean market are far away from being that detrimental to the investors.
The Park Colonial development is one of their future projects you should contemplate on if you are about to buy a condo in Singapore.
Schools nearby Park Colonial
The Singaporean economy is driven by a thriving education system, resident with children the property closely located to world-class educational institutions right from nursery to tertiary level. Some of the most popular schools are Saint Andrew Junior College, Maris Stella High School, Stamford American International School, Calvary Baptist Kindergarten to mention a few. All schools are located within a 1-kilometer radius.
In terms of location, this school seems to be the most convenient for kids as it takes only around twenty minutes on foot and a maximum of five minutes by car.
These are just some of the schools in the vicinity.
The following list will reveal that in the close proximity of Par Colonial are many international schools as well, which further enriches the array of possibilities your offsprings will have in this area.
Park Colonial Facilities
Park Colonial lobby area
Park Colonial Indoor gymnasium area
Park Colonial footpath designed along greenery gardens
Park Colonial provides residents with a colonial style dining setting
Park Colonial Living area
Park Colonial Placeholder
Park Colonial Garden
Park Colonial floor plan
Each condominium units are uniquely designed with a modern and efficient layout that will fully complement your storage and space needs.
Park colonial will have a unit mix of different sizes 1-Bedroom (463 square feet), 1-Bedroom + Study (506 square feet), 2-Bedroom Classic (570 to 635 square feet), 2-Bedroom Deluxe (635 to 678 square feet), 2-Bedroom + Study (667 square feet), 2-Bedroom Dual-Key (743 square feet), 3Bedroom Classic (915 to 980 square feet), 3-Bedroom Deluxe (1,012 to 1,066 square feet), 4-Bedroom Classic (1,184 to 1,249 square feet), 4-Bedroom Deluxe (1,367 to 1,410 square feet) and 5-Bedroom Luxury (1,712 square feet).
Park Colonial condo Site Plan
Park Colonial Prices Download
Park Colonial Prices
The developers haven’t indicated the price point. However, the Indicative prices of park colonial are as follows
- 1-Bedroom from $7xx,000
- 2-Bedroom Classic from $9xx,000
- 2-Bedroom Deluxe from $1.0xx million
- 2-Bedroom + Study from $1.2xx million
- 3-Bedroom Classic from $1.3xx million
- 3-Bedroom Deluxe from $1.6xx million
- 4-Bedroom Classic from $2.0xx million
- 4-Bedroom Deluxe from $2.2xx million
- 5-Bedroom from $2.7xx million
Note this is the guide price for phase 1 launch and its subject to changes.
Park Colonial Review
When we liken the average psf price of Park Colonial Condo to the nearby residences, we’ll see it is at the top.
For example, in Blossoms an average psf cost of a condo is $1,519. Just a little bit further, a Jui Residences’ apartment will take you $1,397. Nin Residences goes a little bit lower and it is $1,246 psf. The cheapest seems what isboffered at The Jovell where an average psf price $680,65. Park Colonial amounts to $1, 696. These prices are influenced by a myriad of factors.
Firstly, they are led by the initial bidded psf price the developers won the respective properties with.
Furthermore, the bidding psf price changes according to the cost of construction, advertisment and marketing.
Another thing to consider is location.
Park Colonial is at a perfect place in terms of transportation because it takes only three minutes of walk to the closest Woodleigh MRT while, for example, from The Jovel to the nearest MRT takes at least 10 minutes even by car.
In conclusion , there aren’t too many drawbacks we can see in the Park Colonial project.
Transportation couldn’t be more convenient.
Amenities are variable and in general can be easily reached both on foot and by a vehicle.
The pricing is at the level of all the advantages that living in Park Colonial promises.
Register for Park Colonial Showflat visit
Park Colonial e-Brochure Download
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