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Park Colonial Woodleigh Ln, Singapore Last updated on 2018 April 20 02:04

TOP TBC
Tenure 99
Total Units 600
Site Area 210,404 sqft/
Property Type Apartment / Condo
Developer CEL Unique Development Pte Ltd
Development
Website ParkColonialWoodleighLane.push.sg


Park Colonial is a new development with joint venture of Chip Eng Seng Corp and Unique Real Estate. They have won the top bid for a plum site in Woodleigh Lane.


This Government land sales have attracted 15 bidders - close to what analysts had predicted - with offer amounts exceeding expectations.


The 99-year leasehold site launched on May 30 under the confirmed list for the first half of this year drew a top bid of $700.7 millionfor the plot of land which translates to $1,110 per square feet per plot ratio (psf ppr) for the prime city fringe plot from CEL Unique Development, which is 60 per cent owned by Chip Eng Seng Corp, and 40 per cent by Unique Real Estate (joint venture of Heeton Holdings and KSH Holdings )




Park Colonial @ Woodliegh Lane 


This piece of land is next to Woodleigh MRT station, adjacent to Bidadari New Town and near amenities such as Nex shopping mall. The 19,547 sq m site has a maximum gross floor area of 58,641 sq m. The bids over here for residential sites has escalated further in this tender, driven by bidders' determination to secure this attractive site in the market.  The top four bids is within a tight 3.6 per cent margins , as developers are valuing the land around the same pricing where they foresee the development is located near to the expanding NEW Town of Bidadari as well as Bartley which have any reputable schools nearby. There are also any eateries  along Potong Pasir Avenue 1 as well as Serangoon Ave 3 Food Market.


We are looking at the Sales for the development will being Launching Soon in 2nd Quarter of 2018.




 




Park Colonial is located directly outside Woodleigh MRT (North-East Line) where you can access directly to Punggol towards Northern end or via Harbourfront towards southern end.


It is cut thru from the middle (Dhoby Ghaut) where you can change to Red line (North-South line) or Yellow line (Circle line) towards Orchard or Marina Bay. If you want to go to Downtown line , you also can change at Little India (Blue Line).


Should you decide to take a ride by bus , the busstop is just right beside the MRT station. Bus services here include 13, 100, 107,107M, 133, 135,147, 155,853 and NR6.


if you intend to drive by cars, the PIE and CTE exists are about 5 minutes drive away, offering you immediate driving access to the central Singapore and various parts of the island.

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