Singapore has taken condominium level to the next level. For the uneducated, condos are properties wherein the individual units are owned by the tenants but the facilities such as swimming pools, fitness centers, playgrounds, and others are shared. As unit owners, you can change the interior or exterior of your unit according to your liking. If you are looking for a condo in Singapore, Park Colonial Woodleigh Lane should be on your bucket list. Here is an overview of what this property offers to potential unit owners.
Details of the Project
The condominium property will consist of 6 skyscraper towers with 16 stories each. It will have approximately 800 units. Park Colonial Woodleigh Lane is one of the projects on tap for 2018. When completed, the property will add a unique look to Bidadari Singapore Estate. Park Colonial will be situated next to Woodleigh MRT station and is jointly developed by CEL Unique Development, which is 60 percent owned by Chip Eng Seng corp and 40 percent by Unique Real Estate, a joint venture of Heeton Holdings and KSH Holdings.
Facing Stiff Competition
Analysts predict that the 1.9-hectare property will face tough competition. This is due to its location near Woodleigh MRT station and opposite Upper Serangoon Road. This is one of the premier areas in District 13, where development was planned by URA. However, Rachel Tan, lead analyst of DBS Group Research, sees a lot of potential in the property as it can ride on the rejuvenation of the neighborhood.
Another exciting ingredient is the development prospect at the former cemetery site at Bidadari Estate. On tap is close to 11,000 new public housing units and a potential new “Junction 8” on the site of Upper Serangoon Road. The condominium will be located adjacent to Bidadari Singapore New Town, besides Woodleigh MRT station. It is also close to the NEX shopping mall and various schools such as St. Andrew’s Secondary School, Maris Stella High School, and Stamford American International School.
Biddari Estate will build on the rich heritage, cherished existing green spaces and multiple public transport links that will connect you to Singapore within minutes. It will also maximize the existing terrain, retain a cluster of mature trees, and accommodate a stormwater retention pond.
Why Choose Park Colonial?
Park Colonial is the ideal place to live for singles as well as married couples. It offers luxury with unblocked green sceneries that is unmatched anywhere else. It offers a variety of amenities that residents can enjoy anytime.