Real Estate developer Hoi Hup Realty sold 531 units or 100% of Hundred Palms Residences which is considered an executive condominium located right at the heart road of Yio Chu Kang in just a matter of seven hours of marketing last Saturday, July 22.
Early buyers catch units! As 10 am strike, hundred and one buyers visited at the property showflat right at the intersection of Yio Chu Kang and Hougang Avenue. Those hundred buyers amazingly made reservations to their chosen units.
Most of those buyers lived in neighborhood housing estates such as the Sengkang, Hougang, Punggol and Serangoon.
There were over 2,700 e-applications handed down from July 4 to 17, considering it as the oversubscribed EC ever in history.
The property was matched with three up to five bedroom which occupied an area of 883 to 1,636 all in sq ft. An average amount of $836 psf were the prices for each unit.
The prices range from $715,000 to property having 2 bedrooms only, $1.03 million to a four bedroom unit and $1.288 million if you wanted a five bedroom unit.
Amenities are within reach such shops and food courts in Hougang 1 area, Serangoon and Nex Gardens. Also, prestigious institutions are just around the areas like the Serangoon Junior College and Rosyth School.
This property is been doing great in the market because of its strategic location over its mature estate, its fair price, and its exceptional designs and structures, explained by the CEO of marketing ERA, Jack Chua.
“The ECs enjoys reasonable value, the amenities closely resembles that of a condominium. However in succeeding five years to come, PRs are valid to purchase them and foreigners can also acquire them also after ten years time.” Jack Chua reiterated.
This 99-year leasehold property is anticipated for its completion by 2020.
Another good Executive Condominium to purchase is the Sol Acres @ Choa Chu Kang. This is the best selling executive condo so far this year. This property is a 99 -year leasehold under the competent and famous developer, MCL Land Pte Ltd. Its luxurious units are enough to provide you the lifestyle you ever dreamt of.
Sol Acres provides capacious units that will absolutely cater different tenants such as an individual, family or business associates. Each unit is tailored elegantly to provide you the exceptional comfort every single day at your own private home and hours. With those high-end amenities, gratification and contentment are 100% guaranteed.
A right time for you to own one, grab now while there are still more units to choose from.