Why Do People Says Hundred Palms Residences Will Get Sold OUT?
Hundred Palms Residences is an Executive Condominium establishing in 2017 by Hoi Hup Realty. It is situated next to Regentville right along Yio Chu Kang Road. Parents with kids going to school that is Primary will love the reality that Hundred Palms Residences is withing 1KM radius from the esteemed Rosyth School that’s top 2oth school in Singapore.
Since there’s a launching such as this it’s been long and many are looking forward to this development. Particularly those buyers who wish to break away from the usual EC location for example Sengkang, Punggol, Woodlands and Sembawang.
Hundred Palms Residences EC will have a total of 531 exclusive EC units on 9 tower blocks. Each one of these block is 15 storey high. There are amenities in close proximity with Bus Interchange, Hougang MRT Station, the Hougang New Town and Hougang Shopping Mall.
Hoi Hup Realty, a reputable developer in Singapore which is understand developer in the property market to assured quality house on this particular huge plot of land. Hoi Hup Realty submitted the highest bid of $183.8million or $331 per square foot per plot ration (PSF PPR) for the 1,84 hectar plot. This works the Hundred Palms Residences psf out to an estimate of $750 – $800 PSF.
Hundred Palms Residence is eyed for its affordable pricings and luxurious condominium facilities. This EC is an ideal home for young families and HDB upgraders searching for luxury housing around North-Eastern Region of Singapore.
Hundred Palms Residence is anticipated to be sold out during launching.
Why? There are 3 primary reasons:
1. Hundred Palms Residence is in close proximity to mature estates, like Ang Mo Kio and Serangoon. Couples, whose parents are living at these mature estates , are fighting with this EC so that they ask their parents to look after their children or can care for their parents.
2. There are limited 3- and 4- bedroom EC casings in the area. In reality, there are already a couple of EC in the area that are either fully-sold or has run out of 3- and 4-bedroom flats. This really is by no means a promotion stunt. We’re also selling ECs around these regions, so we understand.
3. The property developer Hoi Hup Realty, of Hundred Palms Residence, is the developer of many popular, private condominium such as The Peak, The Whitley Residence, Sophia Hills, etc.