iCompareLoan Editorial Team
Image Credits: Park Colonial, CEL Unique Development
Park Colonial is an upcoming property launch located along 2 Woodleigh Lane, by CEL Unique Development, a joint venture consisting of developers Chip Eng Seng Corp, KSH Holdings and Heeton Holdings. CEL Unique Development secured the property by submitting the top bid of $700.7 million. That translates to around $1,100 per square foot (psf) for this prime piece of plot lying in the city fringe.
Going by its strategic location in the mature District 13, Park Colonial is set to be one of the most-sought-after developments in Singapore by tenants and investors alike. Its closeness to the upcoming Bidadari Estate and a host of transport, educational and shopping amenities around makes the condo even more attractive.
Park Colonial Units
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Park Colonial at Woodleigh Lane consists of 6 blocks with 14 and 15 storey residential apartments. The entire project is expected to yield a total of 805 residential units. And in terms of unit configuration, Park Colonial will feature a mix of 1 to 5 bedroom layouts.
Condo Facilities
Park Colonial is designed with the fun and social aspect in mind. And that’s evident in the condo’s 50 or so communal facilities. During your free time, you can soak yourself in the cantilevered pool, loosen up in the tranquil waterway or chill out with family or friends at the clubhouse. The condo also includes an English Breakfast House, kid’s play house & water play, 664 carpack lots and a host of other facilities that can make life more comfortable and fun.
Transport Network
Located just next to Woodleigh MRT Station along the Upper Serangoon Road, Park Colonial seamlessly opens up to the city and other parts of the island, through the North East Line. The development is also tied to a number of major expressways like Pan Island Expressway (PIE), Kallang-Paya Lebar (KPE) and Central Expressway (CTE). In addition, there are plenty of arterial roads surrounding the condo, which make access to the neighborhood quick and convenient.
Nearby Shopping Amenities
NEX mall, the largest shopping mall in North East Singapore, sits just 6 minutes away from the residential development. That means residents can go on a shopping spree, order some delicious bites or catch a blockbuster movie at any time and with ease. The upcoming The Venues Shoppes is also located at the nearby Potong Pasir MRT station, and is set to give future residents even more incredible shopping options.
Nearby School
Park Colonial’s location at the heart of District 13 means access to numerous educational facilities is guaranteed. And there are lots of prestigious local and international schools where residents can take their children to. Some of the schools found nearby include Cedar Primary, St. Andrews Junior School, Maris Stella High School and Pei Chun Public School. Stamford American International School is also located right at Park Colonial’s backyard. This gives residents a myriad of choices when it comes to education.
Nearby Recreational Amenities
For future residents of Park Colonial, the fun will not just stop at the condo. They’ll enjoy swift access to a number of nature-inspired parks like Bidadari Greenway, Bidadari Park and Heritage Park; all found just a short stroll away.
Park Colonial’s location in the upscale also presents residents with numerous networking opportunities through golf sport. Those wishing to enjoy some golfing action with their affluent friends can go to nearby Raffles Town Club, The Tanglin Club or Serangoon Gardens Country Club.
Condo Selling Price
Based on Park Colonial’s futuristic design and strategic location in District 13, the selling price for the condo will obviously be very competitive. The average transaction prices made recently were averaging between $1, 750 and $1, 800 per square foot (psf). And the prices are likely to change greatly in the run up to the launch.
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