Sengkang Grand Residences is the hottest project that has sold 77% of its 280 apartments in one weekend.
Wonder what makes this new launch property so coveted? For young families, you have everything you need all in one place- hawker centre, community club, childcare centre, retail shops, and transport facilities are available.
5 Reasons to Invest in Sengkang Grand Residences
1. Buangkok Integrated Development
A new integrated commercial and residential development next to Buangkok MRT station will provide convenient amenities and new community spaces for surrounding residents.
Sengkang Grand Residences will be part of the first integrated community and lifestyle hub in the North-East region and sitting right above the future Sengkang Grand Mall, which has a gross floor area of 160,000 sq ft.
2. Transportation and Accessibility
This new launch project is situated at Buangkok MRT station. With its direct access to the MRT Station and the future bus interchange, a property appraisal is certain!
Commuting to work or school for your kids is convenient. It is also minutes away from the Central Business District. Various highways are connecting you to KPE, SLE, CTE and future Punggol Digital District and Seletar Aerospace Park.
This property is expected to be the biggest integrated development in the district across Sengkang, Hougang, and Punggol.
3. Leisure and Recreation
You’ll never run out of options when staying in Sengkang Grand Residences; Buangkok Square Mall, Hougang Mall & Compass One are all a stone’s throw away.
Access to recreational and green spaces will be improved and there are more options to work close to home at Sengkang West. This was unveiled in the draft master plan 2019 by the Urban Redevelopment Authority (URA).
4. Healthcare and Childcare
Sengkang General and Community Hospital are equipped with 1,400 beds and a range of healthcare services. The newly opened hospital will serve the needs of North-East residents conveniently which is 1.4km away from Sengkang Grand Residences. While Bright Vision Hospital is just 3km away, there are also polyclinics that are easily accessible from Sengkang Grand Residences.
You’ll never have to worry about finding large Childcare Centres in Sengkang. Four centres will be built in 2019 alone – that’s enough space for ~2,000 children! They will be spread across town so that families have access to quality and affordable childcare services.
5. Major Developments and Infrastructures in the North-East Region
The New Punggol Digital District will create 28,000 jobs and may contribute to the tenant demand. It is considered as a mini Silicon Valley in Singapore which offers nearby towns additional dining, leisure and retail options other than the nearby shopping malls. This is only 5 km away from Sengkang Grand Residences.
This Digital District will be connected to other parts of Singapore by a host of new transport infrastructure including the new Punggol Coast MRT station. This station is a future underground station along the North-East Line (NEL) connected to Sengkang MRT which will be completed by the year 2023.
Besides that, the Singapore Institute of Technology’s (SIT) new campus will also be in the district, allowing students and faculty to exchange ideas with industry practitioners working there. It is noteworthy that Sengkang Grand Residences’ location is in between the Northern part of Singapore and Central Business District. With greater job opportunities, there’s a higher demand for housing.
Sengkang Grand Residences Project Details
|Developers||CapitaLand and City Developments Limited (CDL)|
|Price||$1,700 per square foot|
|Lease type||99-year leasehold|
|Location||District 19- Sengkang Central|
This new launch project’s prices range from $798,000 for a one-bedroom plus study unit to $998,000 for a two-bedroom, $1.498 million for a three-bedroom and $2.1 million for a four-bedroom “premium plus flexi” apartment.
Unit sizes are from 474 sq ft for the one-bedroom plus study to 1,324 sq ft for the four-bedroom premium plus flexi unit.
Sengkang will definitely become more vibrant with the construction of more amenities and lifestyle destinations in the next few years.
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