Singapore is one of the best developed cities and is widely considered to be the financial hub of Asia. As a result real estate in Singapore is in demand with prices increasing. One of the better options for real estate investors in Singapore is the newly launched condo project of Oxley Holding limited named The Verandah Residences Pasir Panjang at 231, Pasir Pajang road in the south west area. While most construction in Singapore is on leasehold land leased from the government for a period of 99 years, the new project is one the few freehold plots available in the area, and is a better investment in the long term.
The Verandah Residences Colonial Houses Concept at Pasir Panjang
The plot at land for Verandah Residences Colonial House was acquired by Oxley Holdings Ltd through Oxley Amber, its fully owned subsidiary from Casuarina properties in July 2017 for a consideration of Singapore $121 million. Oxley Holdings started as a small real estate business in Singapore in 2008 and has quickly expanded to more than 12 countries worldwide including Malaysia, Japan, Vietnam, Cambodia, United Kingdom, and Australia. The company is involved in the construction of a large number of residential, commercial and industrial projects in Singapore and elsewhere. It is also involved in project management and offers consultancy services.
The Verandah Residences Black And White Building
The Verandah Residences is located in district 5 of Singapore in the Pasir Panjang area close to the Jurong central business district. The plot has a site area of 89620 square feet and a gross floor area of 125468 square feet. While the number of blocks and storeys have not been finalized, approximately 170 residential units are being planned. The Verandah Residences units will be of different sizes ranging from smaller 1 bedroom units to larger 4 bedroom units and strata landed house. There will be advertisements technology for the development at Pasir Panjang. All the luxury amenities like clubhouse, function room, swimming pool, play area, jogging track are being planned for the apartment complex, with design integrating the traditions and history of the area.
The Verandah Residences Freehold Condo Pasir Panjang
The Verandah Residences Freehold Development Pasir Panjang area is conveniently located, close to the Pasir Panjang MRT on the circle line and Haw Par Villa MRT station which are only a few minutes away, allowing the residents of the area to reach any other part of Singapore quickly. The west coast area of the country was developed on reclaimed land, and more people are shifting to the area as it is close to Jurong Central Business District. The Verandah Residences Oxley Holdings is close to the West Coast road and Ayer Rajar Expressway allowing people to reach any part of the city conveniently. There are also many buses operating along the roads.
The West Coast plaza, with a number of shops, restaurants and entertainment facilities is located close to the planned residential complex. The National University of Singapore located at Clementi is close by, making renting flats easier. Purchasing a flat is the ideal real estate investment for golf lovers as Keppel Golf links, Green Fairways Golf course, Yugi and Sentosa Golf club are near the freehold condo land. Nature lovers can enjoy greenery at the West Coast Park and Green Ridge park. Bike trails in the area include Chestnut Nature park and Bukit Timah MTB trail are suitable for fitness enthusiasts.
A new development called park colonial is happening opposite Woodleigh MRT station. It is a venture by CEL Unique Development on a prime city plot. The plot of land, which is 631,212 square feet, cost a whopping $700.7 million which can be translated to mean each square feet per plot was bought at $1,110. CEL Development which is partnership between KSH holdings, Chip Eng Seng Corp. acquired the piece of land after tough bidding which attracted all the big wigs in the real estate and even foreigners. The total bids submitted were 15 in number including from city Development Limited. The high prices and stiff bidding is a clear indication that developer value the plots within that location. The construction is expected to go 16 storeys and hold estimated 735 units. Park colonial has its unique qualities and characteristics that make it a place to want to live.
Park Colonial Woodleigh MRT Station Singapore
First, park colonial development plan has various facilities that make it to be a dream place. Anyone who loves to workout will not need to go looking for a gym elsewhere for it has an available one indoors. It is also at the convenience of busy time schedule of the working class. It is every parents wish that the kid play in a safe ground and this has been accommodated in the sites plan with a children’s playground. There is also a 50m swimming pool for the residents to enjoy. Security has not been left out in the plan with a guard house also located in the grounds. Functional room, cub house , tennis court and sun deck will also be included. There will be advertisement links on technology in the development and therefore advertisements for Park Colonial will be available soon. The condos will include all the entertainment needs of any family than indulges in various entertainment activities. This attractive site at the heart of Woodleigh will also offer a great view of the of the landed sites around.
Park Colonial Condo CEL Unique Development Advertisements
This site is also located at the convenience of malls and transportation. There are a number of shopping centers around. The Upcoming and avenue shoppes at MRT station Potong Pasir are good examples. Nex Shopping mall which is in Serangoon MRT station is only one drive away. In transportation, for those who love to use MRT, will have easy access to both Woodleigh MRT Station as well North East lines. They will also be connected to other Singapore places like Bueno Vista, Farrer Road, Marina Bay, Botanic Gardens and Harbour Front. It is also ideally located for those who love to use buses. Buses are available on Bartley road, Aljunied road as well as along Serangoon road.
Technology for Park Colonial Condo Woodleigh MRT Station
The park colonial condos will also have access to other special amenities. Civil Defense shelter for emergency situations is available at Woodleigh station. It is fitted with blast protection doors, ventilation system, water and electricity supply and more emergency situation requirements. Schools are also available around this place notably Cedar girls secondary school . This school was established in 1957 and is well re-known for its holistic approach to education.
The partners in this project are also one of the kind and therefore will play a key role in the success of the project. Heeton holdings are experts in real estate development have their focus on international standards. Currently they have no comparison in Singapore and have developed various residential projects in Singapore districts. Chip Eng Seng, a company founded in 1960s, is a house hold name in real estate in Singapore. They have received various awards for their work and partnered with various foreign funds to make expand their activities. KSH Holding has its operation in various continents and has a well-established track record. It has been involved in construction of residential buildings, commercial buildings and major institution. The combination of expertise and experience of this three willdefinately lead to success of this project. Park colonial is going to be one of the biggest stylish undertakings in Singapore.