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SG CDL unveils new condo in Sengkang

Property Here - Monday, May 27, 2013

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By Romesh Navaratnarajah:

Offering excellent connectivity and proximity to nature, District 19 which comprises the estates of Hougang, Punggol, Sengkang and Serangoon is expected to remain a popular locale among property seekers, with steady demand for good-value residential projects.

“With affordability being a key consideration, mass market homes in the OCR (Outside Central Region) continue to be popular as home buyers now look for budget-friendly properties that are 'value for money'—especially after the cooling measures in January this year. I expect the market response to District 19 to continue to be positive in 2013,” said a PropNex spokesperson. 

Fittingly, the new 616-unit Jewel @ Buangkok condominium project (pictured) is launching soon in Sengkang. Developed by City Developments Limited (CDL), it offers a mix of one- to five-bedroom apartments, dual-key units and penthouses within 15- to 17-storey towers. 

All units come with quality fittings and finishes while facilities include a unique dual-level waterscape — a rippling, crystal clear water feature and family pool with an aqua gym and Jacuzzi. 

Prices are expected to average S$1,250 psf, but the developer is giving a special seven percent early bird discount which will likely cut average prices to S$1,150 psf.

“Jewel @ Buangkok is priced attractively especially for a development located just 3 minutes’ to the MRT station. Today, properties that are situated close to existing or upcoming rail networks are highly sought after and command premium prices. In recent months, new launches nearby MRT stations have been priced from an average of S$1,400 psf onwards and have been well received,” noted Chia Ngiang Hong, General Manager at CDL. 

Aside from easy connectivity to the rest of Singapore, the condo is also located close to schools and shopping malls.



Romesh Navaratnarajah, Senior Editor of PropertyGuru, wrote this story. To contact him about this or other stories email romesh@allproperty.com.sg