There are many buyers who are looking for property around the Sengkang and Fernvale area. Parc Botannia presents another option for the buyers to get as it is a city fringe condo located near to Thanggam LRT Station. The 99 year leasehold land parcel was released under the government land sales programme in the effort to curb the rising prices of the city fringe condos. Sitting fringe condos tend to be more popular nowadays with the reason that the core city centre condos might be too expensive. Please see the below comments from Nicholas Mak with regards to Parc Botannia.
Nicholas Mak Parc Botannia Condo Sengkang
When bids were received when the government land sales programme has and that the top bid for the plot of land team from Sing Development and Wee Hur Development. There are some in the top bid of 513.03 PSS PR. It is not that from Nicholas Mak that this means that buyers are more confident about mass-market condos as the bids received were very close to one another. Nicholas Mak is the head of research and consultancy at SLP International.
Parc Botannia Fernvale Road Wee Hur
Developers also upbeat about the mass-market condominiums, especially those condominiums near public transport. For example, Parc Botannia is near to Thanggam LRT Station, as well as from the Layar LRT Station. This means that buyers can take the LRT and travel to Sengkang MRT station when they can take the MRT purple line into the cities such as the Dhoby Ghaut MRT Station, as well Orchard station.
The strong sales in high Park residences mean that more buyers could be looking at public and as it is located right next High Park Residences as High Park Residences was launched by CEL Development last year and received great response from the buyers who are looking for condos in the north-east area as well as the Fernvale area. High Park Residences and is located at Thanggam LRT Station. Many buyers consider it to be near Sengkang MRT station itself. There are also many other facilities near to Parc Botannia, such as Sengkang sports and recreation centre. Sengkang sports and recreation centre has food and beverage outlets available such as Pastamania and indoor swimming available. Children prefers to swim in the indoor pool can also swim in the water slides available in the recreation centre.
Developers of Parc Botannia encouraged by High Park Residences
High Park Residences, sales also encouraged other buyers to look at Parc Botannia as well. High Park residences is near to Thanggam LRT Station and Layar LRT station as well. Now based on the land beats you recently. It is thought that public and may be one of the lower-priced developments there is to be launched in 2017. Based on the price submitted the estimated breakeven price range from 980 psf to 1100 psf. This selling price is lower for compared to the recently launched Le Quest Bukit Batok. Therefore, many buyers will be looking at the launch of Parc Botannia, which is scheduled to be around in October, 2017.