High Park Residences, A New Condo Located Along Fernvale Road in Sengkang
High Park Residences (some people will just call it High Park Condo) will be built on two land parcels tendered out by the URA in August 2014. Some 1390, 99 year leasehold units will be available. This development stands out in the wide range of unit types available. Starting from studio units, buyers can choose 2-5 bedroom units, some of which include a study and both classic and deluxe sub-types. Some 5 bedroom units also boast a private lift lobby. 4-bedroom, dual key units facilitate living next to loved ones while preserving some privacy and are also great for rental income.
More details will be provided as they come in. For full details, click this link: High Park Residences.
The Condo at Fernvale has been given the official name Boardwalk Residences. This website will be updated with details from the developer as soon as they are released. Call our sales hotline at 97323160 for latest updates and to register your interest.
Update: The above news was premature. The name Boardwalk Residences was subsequently changed to Rivertrees Residences.
A new condo yet to be name which we will call Condo @ Fernvale is expected to be built next to H2O Residences in Sengkang. The tender for this land parcel was awarded on June 14, 2013 at $533 psf which means the finished units should go for something like 2X this figure or about $1070 psf plus/minus. The location is a short walk from the Layar LRT and boasts of several schools in the vicinity such as Pei Hwa Secondary School which is within walking distance or the Nan Chiau schools which are just a short drive or bus ride away.
Buyers and investors will do well to watch or research government land sales to ascertain where the next properties will be built. Each tender execise will give location, type of land use and the winning psf from which the condo psf can be estimated.