June 2016

Forestwood Residences Lorong Lew Lian

Buyers are showing much interest in the forthcoming Forestwood Residences in Central Serangooon. The site, in Lorong Lew Lian, is very accessible and close to many amenities. The surrounding area is also popular partly due to the Nex Shopping Mall. Forestwood Residences is likely to have around five hundred homes. Building height regulations mean that the developer cannot build higher than 13 storeys.A developer’s commitment to a $250 million Singapore for the site triggered its launch for sale on the reserve list site under the auspices of the Government’s Land Sales Programme. The Forestwood Residences plot is a 99 year lease Condominium site.

Forestwood Residences Lorong Lew Lian

Transport links and accessibility will enhance Forestwood Residences’ desirability, the development will be a short 400 metres from the Serangoon Mass Rapid Transit interchange. Mass Rapid Transit’s Circle line also directly serves the Bidadari estate, the Biddari Estate adjoins the Forestwood development, which is scheduled, on the Government’s Master Plan, to be the next developing residential cluster.Forestwood Residences will be adjacent to the Nex Shopping Mall and Public Library. The Serangoon ‘Bus interchange is right next to the CDL Forestwood Residences site. It is within easy distance of the many cafes, restaurants and eating places on the Upper Serangoon Road.

Forestwood Residences Serangoon Central

There are still unsold properties on the Bartley Ridge and High Park Residences sites, but the developer believes that Forestwood Residences Condo is a much more attractive location for buyers and that Forestwood Residences will prove to be very popular with both buyers and investors. Botanique at Bartley and Bartley Ridge have seen healthy buyer interest, which indicates that buyers are very interested in this particular area.

Forestwood Residences Serangoon MRT Station

Families with school age children are likely to be very attracted to Forestwood Residences because there are well established schools close by, for example Yangzheng Primary, Maris Stela High and the Paya Lebar Methodist Girls’ Schools are all within a very short distance.

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Queens Peak Queenstown MRT Station

Queens Peak is a property development located on the island of Singapore. The project is being built on land leased out by the Urban Redevelopment Authority who have leased it out for 99 years, which is the usual length of term for real estate leases on the island. The Queens Peak development is being built on a land parcel on the Dundee Road part of the Queenstown housing estate. The Dundee Road, and therefore Queens Peak is really close to the Queenstown MRT station.

The project for the condo development at Queens Peak has been planned and built by the real estate development company MCC Land. They were the company that placed the highest bid with the URA to secure the lease on the Dundee Road land parcel. The board of MCC Land were convinced that the company would easily be able to recuperate the building and development costs of the project once it put the executive condos up for sale.

MCC Land have managed to design and then subsequently build a complex of luxury condos with stunning views. The condos themselves are of high quality construction and the the facilities within the complex make these even more appealing to potential buyers looking for a luxurious place to live in. Potential buyers will shortly be able to reserve condos to buy, and arrange to view show apartments. Demand is expected to be high, meaning the condos will be snapped up quickly.

The location of the Queens Peak makes it an attractive place to live in, it is really close to transport links into the city of Singapore. There are local amenities, shopping malls, and also office blocks close by too. The closeness to the MRT is a strong selling point in it’s own right.