High Park Residences Condo at Fernvale Singapore will be launching at amazing price from $380K onward.
High Park Residences located at Fernvale Road sit on 2 land parcels jointly develop by Chip Eng Seng (CEL). Kim Seng Heng Realty and Heeton Homes with Chip Eng Seng having 60% control stake. The combine size of the 2 land parcels total 366,164 sq ft equivalent to almost 8 football field will yield close to 1399 units. This will make High Park Residences Condo the largest condo in the north east region.
High Park Residences which is a 99 year lease hold condo is walking distance to Seng Kang LRT Thanggam station and a stone throw away to the famous Jalan Kayu popular for its Prata restaurant and other eateries.
Basing on initial update from the developer we are expecting a estimated 118 different type of facilities available for all ages within the condo.
Developer will be building 1/2/3/4/5 bed room, cluster Semi-D & bungalow and commercial shops in High Park Residences Condo. From within 1399 units there must be a right type of unit for everyone.
9 Commercial Shops in High Park Residences Condo
Cluster Houses in High Park Residences Condo (10 Semi-D and 4 Bungalows)
Land Sale of High Park Residences at Fernvale Road
High Park Residences developer bid for Fernvale Road Parcel A which is 178,723 sq ft is $234.9 million and Parcel B which is 187,441 sq ft is $252.1 million. Basing on the land bid amount, we estimate an average breakeven price of $847 psf thus assuming a 15% profit average price should be $974 psf which mean bigger unit may start at low to mid side of the $9xx psf. Assuming the 1 Bedroom has size of 495 sqft then price should be starting from in around low side of $4xxK. And if size are closer to 400 sqft then we will probably see $3xxK type of starting prices. That should rock the market. Stay tune for more accurate price update.
Comparing the surrounding land price you will find that High Park Residences developer gotten the land at much lower price. Our latest update suggest that developer will be very generous in transferring the cost saving to our buyers. The smallest unit will start around $38xK to 39xK. Where to find this price now.
CEL Profile and past projects
High Park Residences Developer CEL Development Pte Ltd a a public listed company in Singapore since 1999 is a wholly owned subsidiary of Chip Eng Seng Corporation Ltd. CEL a experienced developer has done many project in Singapore, Australia and Vietnam. Some of the local projects CEL has completed include Oasis @ Elias, CityVista Residences, Grandeur 8, Grange Infinite, The Parc Condominium, The Suites at Central, Ventuno Balmoral, Riviera Residences, Shanghai One, One Fort, Bishan Loft, Fulcrum, My Manhattan, Alexandra Central, 100 Pasir Panjang and Junction Nine and Nine Residences.
Accessibility and Connectivity from High Park Residences Condo
High Park Residences is situated beside Thanggam LRT station which is only 4 LRT stops to Seng Kang MRT station. The condo is conveniently linked to the other part of Singapore via Tampines Expressway (TPE) and Central Expressway (CTE). With the new Seletar Fly over ready in service residents in High Park Residences can now travel to other part of the island more easily.
Amenities near High Park Residences Condo
- The Seletar Mall which has FairPrice Finest, Shaw Theatres, BHG, Breadtalk, Four Leaves, Polar Puffs & Cakes, Jollibean, Ritz Apple Strudel & Pastry, Royal Sporting House, World of Sports, Selffix DIY Store, Eu Yan Sang, GNC, Watsons, Guardian, Challenger, Singtel, Starhub, Foodfare, POSB Bank, Raffles Medical etc
- Greenwich Village is mall with Cold Storage, Cedele, Awfully Chocolate, Wine Collection, Old Chang Kee, Coffee Bean, Toast Box etc
- Fervale Point which has a Koufu food court
- Compass Point which has Ajisen Ramen,Bengawan Solo,Best, Breadtalk, Crystal Jade, Jack’s Place, Jean Yip Hub, Kopitiam, Metro, Mos Burger, OCBC, POSB, Soup Restaurant etc
- Jalan Kaya Prata and eateries
- Seng Kang General Hospital
- Seng Kang Sport Hub
- Seng Kang Riverside Park
High Park Residences With 118 Facilities
Free Lifestyle Classes For High Park Residents (For first 2 years or until MCST is formed whichever is earlier)
- Fitness Classes (Aerobics, Yoga, Kick Boxing Pilates etc)
- Cooking Lessons (E.g Baking, Cuisine etc)
- Aqua-related Lessons (E.g Aqua Aerobics, Swimming etc)
- Tennis Lessons for kids/adults
- Violin Lessons for kids
10 Reasons to buy High Park Residences
- High Park Residences attractive price is what we have not seem for many years. Below $1000 psf has been rare for a long time
- Low price is directly translating the it to high rental yield since rental yield is rental / purchase price
- High Park Residences large landscape allow for extensive facilities
- Under URA master plan Seng Kang is one of the area undergoing planning development
- Seletar Aerospace hub nearby which will have many working expats and local professionals will bring along lots of rental and resales opportunities
- URA new initiatives to have a regional sub centre at nearby Serangoon area will add more rental and resales opportunity as more local and expat who work in this centre explore to live nearer to where they work
- High Park Residences developer has many years experience in construction business. We trust we they reputable High Park Residences will have a fine place to live in.
- Seng Kang General Hospital which open in 2018 will add more working opportunity near High Park Residences
- The recent improvement expressway connecting Seng kang will means easier for residents in High Park Residences to get to different part of Singapore
- Lots of parks and recreational facilities in Seng Kang and nearby Punggol. Seng Kang Riverside park and Sport Complex are a stone throw away from High Park Residences
Project Details of High Park Residences
Developer: Chip Eng Seng and Kim Seng Heng Realty and Heeton Homes
Address: Fernvale Road
Land : 99 Years Lease Hold
TOP : 2019
Total Units : 1399
Unit Mix : 1/2/3/4/5 Bed Room, 10 Semi-D, 4 Bungalows & 4 Shops.
High Park Residences Floor Plan and Site Plan
High Park Residences Price and Psf Estimate
- STUDIO – 388-398 sq ft ( 72 unit ) from $380K – $460K
- 1 BED ROOM + STUDY – 441-474 sq ft ( 153 unit ) from $430K – $550K
- 2 BED ROOM (C) – 560-592 sq ft ( 208 unit ) from $530K – 690K
- 2 BED ROOM (D) – 635-678 sq ft ( 300 unit ) from $590K – 750K
- 2 BED ROOM + STUDY – 700-732 sq ft ( 87 unit ) from $700K
- 3 BED ROOM (C) – 872-904 sq ft ( 188 unit ) from $730K – 920K
- 3 BED ROOM (D) – 947-1001 sq ft ( 117 unit ) from $840K – $1.06M
- 4 BED ROOM (C) – 1141-1151 sq ft ( 68 unit ) from $980K – $1.18M
- 4 BED ROOM (D) – 1216-1281 sq ft ( 68 unit ) from $1.08M- $1.28M
- 4 BED ROOM (DK) – 1378 sq ft ( 23 unit ) from $1.2M – $1.29M
- 5 BED ROOM – 1389-1485 sq ft (92 unit ) from $1.15M – $1.5M
- SEMI-D – 2164-2809 sq ft (10 units) from $1.7M – $1.95M
- BUNGALOW – 2379-2799 sq ft (4 units) from $2.2M
- F&B SHOPS – 320-361 sq ft (9 units) from $9xxK
Average High Park Residences Psf Estimate
- STUDIO 1 Room Plus Study & 2 BED ROOM : $990 to $10xx psf
- 3 BED ROOM : $9xx psf
- 4 BED ROOM & 5 BED ROOM : From $880 psf
- SEMI-D : $6xx psf to $8xx psf
- Loft Units : $8xx psf
Developer Sales Hot Line 6100 0607[contact-form-7 id=”1219″ title=”Register For High Park Residences Show flat viewing Now”]
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Developer Hotline 6100 0607
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