Park Colonial | Woodleigh Condo | Woodleigh MRT | Upper Serangoon Rd
Park Colonial is a brand new condominium located at Woodleigh Lane along Upper Serangoon Road of District 19. This unique plot of land spans across 210,404 square feet / 19,547 square meters and sits beside the Woodleigh MRT station that serves the North East Line.
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Targeted 30 June 2018 !
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Park Colonial location is surrounded by 3 roads Upper Serangoon, Woodleigh Lane and Youngberg Terrace. The 99 year leasehold plum site attracted 15 enthusiastic bidders during mid 2017. The number of bidders truly reflected the momentum and upbeat of the market last year in the midst of the downtrend. Additionally, the top 5 bids received were above expectations at more than $1000 psf and the top 4 were within a mere 3.6% margin of difference.
Park Colonial will feature 805 residential units spreading into 6 towers and stands at 14 / 15 storeys high. There are a good number of unit types catering to various needs of buyers. From the most compact 1 bedroom, 1 bedroom + study, 2 bedroom classic, 2 bedroom deluxe, 2 bedroom + study, 2 bedroom Dual Key to the own stay units of 3 bedroom classic, 3 bedroom deluxe, 4 bedroom classic, 4 bedroom deluxe, 5 bedroom luxury.
|Unit Type||Typical Size||No. of Units||Percentage|
|1 + Study||506||14||1.70%|
|2 Bed Classic||570 – 635||157||19.50%|
|2 Bed Deluxe||635 – 678||132||16.40%|
|2 + Study||667||28||3.50%|
|2 Bed DK||743||15||1.90%|
|3 Bed Classic||915 – 980||146||18.20%|
|3 Bed Deluxe||1,012 – 1,066||71||8.80%|
|4 Bed Classic||1,184 – 1,249||30||3.70%|
|4 Bed Deluxe||1,367 – 1,410||30||3.70%|
|5 Bed Luxury||1,712||29||3.60%|
Emerging the top at Park Colonial site is joint venture CEL Unique development where Chip Eng Seng Corporation holds a 60% stake and the rest by Heeton Holdings and KSH Holdings. The new Woodleigh MRT condo can potentially yield around 735 residential units on its maximum permissible gross floor area of 58,641 sq meters. Factoring in all construction and miscellaneous costs, analysts expects the Park Colonial price to be in the range of $1720 psf to $1800 psf.
Park Colonial TOP date is expected to be around year 2022. More often than not, owners tends to get their keys earlier as developer usually gives a good buffer for their construction progress. The developers here are not new in the real estate scene of Singapore and we believe Park Colonial Condo will be yet another masterpiece to be bestowed to all buyers.
Why Park Colonial ?
- Park Colonial condo nearby educational institutes
There are a myriad of school within close proximity to Park Colonial. Parents are always concerned of the school their children will enroll into. This is not a problem at all here as we are near to not 1 or 2, but 3 good schools in the precinct.
One of the popular schools will be Cedar Primary school and Cedar Secondary school. Cedar Primary school is an incorporation of the previous Cedar Girl’s School and Cedar Boys’ School which were incepted in 1957. The present Cedar Primary school has been in operation for more than 3 decades since January 1985. Cedar Secondary school was also established in the same year in 1957. Being an all girls educational institution, it is also one of the superior schools in Singapore that offers the Express stream and Integrated Programme(IP) to exceptional performing students to skip the GCE ‘O’ Levels and fast-track to the GCE ‘A’ Levels after a six years secondary course.
Another popular school among parents living the in precinct will be Maris Stella High School. Contrary to Cedar School, it is an all boys Catholic secondary school which is run privately and has a affiliated primary school along Bartley Road. Located at Mount Vernon road, Park Colonial condo @ Woodleigh Maris Stella High School is one of the eleven schools to offer Special Assistance Plan(SAP) in Singapore. SAP is a programme introduced in 1979 for students who are exceptionally strong in both mother tongue and English, a variety of subjects may be taught other than mother tongue but currently it only caters to Mandarin language.
For parents of Park Colonial condo who prefer all boys’ school, another alternative to Maris Stella will be the Saint Andrew’s School. St. Andrew’s is a combination of three affiliated institution comprising Saint Andrew’s Junior School, Saint Andrew’s Secondary School and Saint Andrew’s Junior College. The family of schools offers primary, secondary and tertiary education. Located in Woodsville and Potong Pasir Campus, the primary and secondary school admits only male students while the college takes in both genders.
Park Colonial is also within close proximity to many other schools such as Bendemeer Primary School, Pei Chun Public School, Hong Wen Primary School, Canossa Convent Primary School, Macpherson Primary School, First Toa Payoh Primary School, CHIJ Katong Convent, St. Grabiel’s Secondary School, Zhonghua Secondary School, Bartley Secondary School, Stamford American International School, Global Indian International School(Balestier Campus) and Australian International School.
- Park Colonial Woodleigh Lane Connectivity
Park Colonial location is exceptional in every way. It is incredibly accessible via a wide array of transport means and channels such as the Pan Island Expressway(PIE), Central Expressway(CTE) and the Kallang Paya-Lebar Expressway(KPE). Other than 3 of the major expressways in Singapore, there are major roads like Upper Serangoon Road, Braddell Road and Bartley Road. Driving to places of interest such as the Orchard shopping belt and Central Business District(CBD) is a breeze via the CTE or KPE where it takes a mere 10-15mins to reach. Via Bartley and Macpherson Road, drivers can also get to Kallang Industrial, Tai Seng and Ubi area. Thus for Park Colonial condo residents who are working or running their business in these locales, it will be extremely convenient.
Other than the driving accessibility, Park Colonial CEL is located right next to Woodleigh MRT station. Serving the North-East Line, it connects commuters to Serangoon MRT Interchange where NEX shopping mall is located and that also serves the Circle MRT Line. On top of that, residents are just 5 stops away from on of the major MRT interchange, Dhoby Ghaut. It serves the North-East, Circle and North-South Line of our MRT station. 6 Stops away from Clark Quay where it is a place for work or leisure. 7 stops away from Chinatown that also serves the Downtown Line, 8 Stops from Outram MRT which serves the East-West line and 9 stops to Harbourfront where you can access to Sentosa.
Besides the MRT, the locale is also well served by many bus services such as Bus number 13, 100, 107, 133, 135, 147, 155 and 853. These buses are so convenient that it can practically lead you to nearly all regions of Singapore such as Buona Vista, Clementi, Shenton Way, Hougang, Marine Parade, Ang Mo Kio, Toa Payoh and Bedok.
- Park Colonial Bidadari Estate Amenities nearby
There are a plethora of amenities surrounding Park Colonial. Presently, the locale has 2 shopping complex serving residents in the area. One MRT stop towards the South there is the newly completed The Venue Shoppes developed by City Development(CDL). A mixed development together with The Venue Residences, Venue Shoppes comprises 28 retails units with 23 F & B outlets and 5 shops. Located right opposite will be upcoming Poiz Residences and Poiz Center, another mixed development by MCC Land that attracted many interested buyers for both investment and own stay. The shopping mall section will feature a total of 84 commercial units where 77 are retails shops and 7 are restaurants beneath the 731 residential units, Poiz Residences.
On the other direction towards the North, NEX Shopping Mall is just 1 MRT stop away situated at Serangoon MRT station. It is the largest mall in the North-Eastern region of Singapore and integrated with an air-conditioned bus interchange. NEX which stands for North East Exchange is one of the largest sub urban mall locally was completed in year 2010. It comprises 2 food courts, a cinema by Shaw Theatres, 2 supermarket, a public library and more than 350 shops serving the entire North East district.
Park Colonial review has it that there will be an upcoming mixed development diagonally opposite too by the name of Woodleigh Residences and Mall. The 25,440 sqm site will yield 680 residential units and a massive 28,000 sqm of retail space which will be retain by developers SPH and Kajima Development for rental income. This project is part of the Bidadari New Town and developers will also build a community club, a neighborhood police center, a commercial bridge and a underpass that connects to the bus interchange. The Bidadari New Town is one of the 3 growth area in Singapore that was targeted to under the land use plan to house 700,000 new homes for a project 6.9 million population. Being called the “new Bishan”, this estate is surrounded by Bartley Road, Upper Serangoon Road, Mount Vernon and Sennett Estate. It will encompass a 10 hectares Bidadari Park, a couple of HDB projects and also a commercial development by the name of Market Square.
- Park Colonial developer Chip Eng Seng, Heeton Holdings and KSH Holdings
Park Colonial condo is to be jointly developed by 3 of our renowned local developer Chip Eng Seng, Heeton Holdings and KSH Holdings.
Chip Eng Seng is a SGX mainboard listed construction and property firm with a rich history in Singapore. Established in the 1960s by Mr Lim Tiam Seng, they had a humble beginning as a sub contractor for landed properties and slowly grew to become a main contractor with its quality work and competitive pricing. It was in 1982 when they got their first Housing Development Board(HDB) project as a main contractor and has set foot since in the public housing construction segment. Chip Eng Seng group later diversified into other property investment and development of residential, commercial and industrial properties. They have won multiple awards such as the “Most Transparent Company – Construction Category” where they are devoted to transparency in their corporation. Over the years, they have developed many residential condominium and commercial projects such as High Park Residences, My Manhattan, Alexandra Central, 100 Pasir Panjang, Belvia (DBSS Public Housing), Junction Nine and Nine Residences, Oasis @ Elias, CityVista Residences, Grandeur 8, Grange Infinite, The Parc Condominium, The Suites at Central, Ventuno Balmoral, Riviera Residences, Shanghai One, One Fort and Bishan Loft. All these are built by one of their investment arm CEL Development, besides the upcoming Park Colonial, they currently are focusing on the Grandeur Park Residences at Tanah Merah which is more than 90% sold as at this writing.
KSH Holdings is a local property and investment group incorporated in 1979. Being listed on SGX Mainboard in February 2007, they have a strong track record in construction projects as well as development over the years with numerous awards such as the BCA Construction Excellence Awards for Fullerton bay hotel and NUS University Town’s Education Resource Centre. Prior to Park Colonial condo, they have been involved in the development of many successful local residential projects such as Lincoln Suites, Cityscape @ Farrer Park, The Boutiq, Rezi 26, The Palacio, Sky Green, NEWest, KAP Residences, FloraVille, Flora Vista & Floraview and Rezi 3 Two.
Heeton Holdings is established in 1976 and listed on the SGX since December 2003. The real estate developing and investing company has engagement both in Singapore and overseas. Their past projects include DLV at Dalvey Road, Juluca at Pasir Panjang, Lynnsville 331, The Cassandra, The Elements @ Stevens, The Lumos. The other projects that are currently still on sale are iLiv @ Grange, Lincoln Suites, Onze @ Tanjong Pagar, Palacio, Sky Green and The Boutiq. They have pride themselves to build exceptional and well designed homes catering to international standards and we are confident that Park Colonial will be a huge success too.
- Park Colonial Floor Plans, Unit Mixes and Layout
Park Colonial is set to feature a comprehensive range of layouts catering to the various need of buyers. There should be 1, 2 and 3 bedroom units available for investors who is looking to attain a good rental yield considering its proximity to the Woodleigh MRT and the city fringe locale.
Park Colonial floor plans should also include larger units such as 4 to 5 bedrooms or even penthouses for own stay buyers. As the new Woodleigh Lane condo is located between 2 matured estate Potong Pasir and Serangoon, it is expected that residents who lives in these area will be interested to move over either for upgrading or just a change of environment.
Taking reference from their previous projects, it is known that their developments has a good usage of space that is both practical and functional. The units in Park colonial will come with built-in wardrobes in bedrooms and kitchen cabinets that fit nicely for space maximization. All necessary fittings and white goods should be provided too.
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Park Colonial Price
Please kindly call to enquire on Park Colonial availability before visiting. Thank you.
Park Colonial 1 bedroom: From $7xxK
Park Colonial 2 bedroom Classic: From $1.0xxM
Park Colonial 2 bedroom Deluxe: From $1.2xxM
Park Colonial 3 bedroom Classic: From $1.3xxM
Park Colonial 3 bedroom Deluxe: From $1.6xxM
Park Colonial 4 bedroom Classic: From $2.0xxM
Park Colonial 4 bedroom Deluxe: From $2.2xxM
Park Colonial 5 bedroom: From $2.7xxM