SENKGANG GRAND RESIDENCES – INTEGRATED COMMUNITY HUB
Rare Mixed Development by CapitaLand and CDL
Integrated with Shopping Mall / Hawker Centre / Bus Interchange / Community Centre
Next to Buangkok MRT Station
Close to Future Hougang MRT Interchange
Numerous Malls along North East Line
9 stations to Dhoby Ghaut Interchange
20 minutes train ride to the city
11/09/2019: Sengkang Grand Residences Tentative Preview Date: 14th/21th Oct 2019! Register for Priority Access and Latest Updates. Unit Mix and Sizes Updated!
10/07/2019: Sengkang Grand Residences Launching Soon. Rare Mixed Development Developed by CapitaLand-CDL JV next to Buangkok MRT Station. Pending Approval of Sales / Seeking Indication of Interest
16/08/2018: A CapitaLand and City Developments Ltd (CDL) tie-up has clinched a commercial and residential site in Sengkang Central. Their winning bid of $777.78 million works out to $923.59 per square foot per plot ratio (psf ppr) for the 99-year leasehold site next to Buangkok MRT Station.
Sengkang Grand Residences is an upcoming Mixed Development in Sengkang / Buangkok by JV CDL and CapitaLand. It is located right next to Buangkok MRT Station. CapitaLand and CDL said their joint venture will transform the 3.7ha site – the largest commercial and residential site awarded since 2015 – into an integrated community hub with 700 residential apartments, meeting the needs of residents in Buangkok with amenities such as a hawker centre, community club, childcare centre, retail shops, as well as public rail and bus transport facilities sited in a one-stop location. The integrated development is targeted for completion in the first half of 2022, they added.
With the Land Price at $923.59 per square foot per plot ratio (psf ppr), the estimated selling price could be in the range of $1,600 to $1,700 based on 10-15% profit margin for the developer.
SENGKANG GRAND RESIDENCES PROJECT INFORMATION
|Development||Sengkang Central Residences|
|Location||Sengkang Central / Compassvale Bow, Singapore|
|Developer||Siena Residential Development Pte Ltd and Siena Trustee Pte Ltd (Subsidiary CapitaLand and CDL)|
|Site Area||37,254.9 sqm / 401,008.4 sqft|
|Total No. of Units||Approximately 682 units|
|Total No. of Carparks||To Be Advised|
|Expected TOP Date||2nd Half 2022 (TBC)|
|Unit Mix||1- 5 Bedroom|
|Indicative Pricing||To Be Advised|
|Unit Type||Unit Size||No. of Units||Indicative Pricing|
|1 Bedroom||474 - 506 sqft||131||TBA|
|2 Bedroom||624 - 679 sqft||95||TBA|
|2 Bed + Study||624 sqft||10||TBA|
|2 Bed Premium + Study||732 - 764 sqft||136||TBA|
|3 Bedroom||936 - 947 sqft||148||TBA|
|3 Bedroom Premium||1023 - 1055 sqft||56||TBA|
|3 Bedroom Premium + Flex||1012 sqft||55||TBA|
|4 Bedroom Premium + Flexi||1313 - 1324 sqfr||49||TBA|
|Total units: 680|
ABOUT THE DEVELOPER
CapitaLand is one of Asia’s largest real estate companies. Headquartered and listed in Singapore, it is an owner and manager of a global portfolio worth over S$92 billion as at 30 September 2018, comprising integrated developments, shopping malls, lodging, offices, homes, real estate investment trusts (REITs) and funds. Present across more than 160 cities in over 30 countries, the Group focuses on Singapore and China as core markets, while it continues to expand in markets such as Vietnam and Indonesia.
CapitaLand’s competitive advantage is its significant asset base and extensive market network. Coupled with extensive design, development and operational capabilities, the Group develops and manages high-quality real estate products and services. It also has one of the largest investment management businesses in Asia and a stable of five REITs listed in Singapore and Malaysia – CapitaLand Mall Trust, CapitaLand Commercial Trust, Ascott Residence Trust, CapitaLand Retail China Trust and CapitaLand Malaysia Mall Trust.
City Developments Limited
City Developments Limited (CDL) is a leading global real estate operating company with a network spanning 100 locations in 28 countries and regions. Listed on the Singapore Exchange, the Group is one of the largest companies by market capitalisation. Its income-stable and geographically-diverse portfolio comprises residences, offices, hotels, serviced apartments, integrated developments and shopping malls.
With a proven track record of over 50 years in real estate development, investment and management, CDL has developed over 40,000 homes and owns over 18 million square feet of lettable floor area globally. Its diversified land bank offers a solid development pipeline in Singapore as well as its key overseas markets of China, UK, Japan and Australia. The Group’s London-listed subsidiary, Millennium & Copthorne Hotels plc (M&C), is one of the world’s largest hotel chains, with over 135 hotels worldwide, many in key gateway cities.
SENGKANG GRAND RESIDENCES LOCATION
This integrated site in the heart of Sengkang Central has direct access to Buangkok MRT Station and the future bus interchange and is a mere 20-minute drive from the Central Business District. At only nine stops to Dhoby Ghaut MRT Station via North-East Line, the travelling time is less than 25 minutes. The site is also easily accessible via major expressways such as KPE, SLE and CTE and well connected to major hubs such as the future Punggol Digital District and Seletar Aerospace Park. The proposed development will offer first-time private home buyers and upgraders an attractive opportunity to own a home with excellent transportation connectivity and close proximity to a myriad of amenities.
As the only mixed commercial and residential site with seamless and sheltered connectivity to the Buangkok MRT Station and the future bus interchange, the development will contribute towards enhancing the walkability of the neighbourhood by providing a linear park that runs along the entire frontage of the development along Sengkang Central and Compassvale Ancilla Park; as well as a garden ramp connecting the residential component with the rest of the development.
Primary school such as Palm View Primary, Punggol Primary and North Vista Primary School, and secondary schools such as North Vista Secondary, Nan Chiau High and Seng Kang Secondary school are all within a kilometre away.
SENGKANG GRAND RESIDENCES SITE PLAN/FLOOR PLAN COMING SOON
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Their winning bid of $777.78 million works out to $923.59 per square foot per plot ratio (psf ppr) for the 99-year leasehold site next to Buangkok MRT Station. Estimated Selling Price in the range of $1,600 – $1,800 psf
Please Contact Us at (+65)90272297. It is important to only engage the Official Direct Developer Sales Team to assist you. There are several complex procedures and key factors to consider before committing to purchase a unit. Rest assured that all our representatives are certified, well-trained and committed to deliver. By engaging the Official Direct Developer Sales Team, you will also enjoy the best possible direct developer price. There is no commission required to be paid.
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