Lo and behold, we have come to the point of discussing on the highly coveted and most talk about Park Colonial Condo. Does it really worth your money? Will you be putting your money into this hyped up condo development? Without further ado, let’s talk about it.
This plot of huge land was put on sale by the state via an open tender exercise in mid-2017. It created a buzz among the local industry ever since the government announced the creation of a new town by the name of Bidadari. The entire boundary is under the Toa Payoh Planning Area and Park Colonial is within the boundary of this exciting story.
In actual fact, it is right smack in the middle of it since the actual site of this condo is adjacent to Woodleigh MRT Station. Together with another mixed used development right across the street, the immediate neighbourhood will be transformed into a vibrant community with all the new resident’s catchment. It will certainly be the talk of the town when the developments are up and running in due course.
Amenities in and around
Across the street, there will be a Woodleigh mall opposite your condo. It is supposed to be the main landmark within the whole Bidadari new town. There will also be huge and vacant land area set aside for greenery, such as the heritage walk, Bidadari Greenway, Bidadari Park and the man-made Alkaff Lake which is inspired by the former legendary. The green lungs in your neighbourhood alone will be able to meet your daily or weekend family gathering.
Besides the Woodleigh Mall serving the immediate resident’s daily consumption such as food establishments and other convenient retail services, future owners will also be one station away to the second largest suburban mall Nex in Serangoon. Bringing forth a convenient living experience like no others with such an amazing combination in commercial aspects. To top it off, you are also a station away to Potong Pasir where the upcoming Poiz Centre is, the distance is so near that you could practically walk there by foot during the evening with your loved ones.
Schools in Bidadari New Town
If you are fretting about the school placement of your young children, you would be relief to find that there are indeed some of the top schools located in the vicinity. From the local elite schools to the international ones such as Stamford American, your kids will be equally covered through their tertiary education journey right here.
Sold at the Price of?
The entire piece of land was sold to CEL Unique Development, a joint venture and consortium led by Chip Eng Seng and Unique Real Estate Pte Ltd. At the quantum of slightly over $700 million, working out to be approximately $1110 per square foot per plot ratio. The official Park Colonial price guide could be between $1700 to $1800 per square foot when it launches for sale in the second half of 2018.
Judging from the past records island-wide, new private properties located beside any major transport network such as a MRT Station will certainly outperformed their peers in the same vicinity as time goes by. Therefore, it would be foolish for us to underestimate the high potential of this condo development when they are not only adjacent to Woodleigh MRT Station, they are also a part of a growing new town, maturing together along the journey will definitely reap the benefits later.
So, we stand firm on our decision and gave it a ‘Buy-in’ status for this new condo at Woodleigh MRT.
To buy or not to buy, you have a choice. If you’re having doubts on anything, you may contact us for assistance and we would be glad to resolve your worries if possible.