RiverParc EC . Launched end-July 2011 . 100% sold out by November 2011.
RiverParc Residence is an upcoming executive condo at the corner of Punggol Drive & Punggol East, where Sungei Serangoon branches off into Punggol Waterway. The RiverParc EC is just a 5 minute walk from the Riverside Promenade flanking the waterway, with its alfresco dining and hip and happening places. Also just 5 minutes from the golf driving range by the Sungei Serangoon riverside.
This Punggol EC is well connected, a 2 minute walk to Kadaloor LRT station, then a 5 minute ride to Punggol MRT station, and from there it is just 25 minutes by train downtown to Doby Ghaut.
Punggol is itself an upcoming estate with tremendous potential. The Punggol 21+ masterplan aims to turn it into a vibrant waterfront town centred around the Punggol Waterway.
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Benefits of RiverParc Residence Exec Condo:
. Condo lifestyle at a discount – around 20% cheaper than comparable private condos.
. Grows to become fully private condo after 5 years.
. 2 minutes walk from Kadaloor LRT station. 30 minutes total by train into town.
. Just 5 minutes walk from Punggol waterway and the 8.7km long Riverside Promenade.
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RiverParc Residence :: Investment Value
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First timers eligible for $30,000 CPF housing grant. No resale levy on 2nd timers. RiverParc is among the most affordable of the ECs.
Invests in the strong potential growth of Punggol. Part of the Punggol 21+ Masterplan that will make this estate one of the most vibrant and sought after places to live in.
The Sunday Times 17 October 2010 reported that “…ECs that have met their MOP has shown a 66.9 per cent price appreciation from 2004 to this year” which is “…higher than the 51.8 per cent price increase in mass market residential homes…”
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RiverParc Residences EC :: Booking & Sales
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RiverParc EC was launched for sale end-July 2011. 100% sold out as of November 2011.
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RiverParc Residence :: Contact Form
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LENTOR MODERN BY GUOCOLAND
Another upcoming project in District 28 is Lentor Modern on the Lentor Central site, at the heart of Lentor. Actual entrance is from Lentor Central itself, but this site belongs firmly to the Lentor Hills neighbourhood. Lentor Modern sits at Lentor MRT station on the Thomson-East Coast Line that goes to the CBD and Marina Bay, before making its way to the East Coast and Changi.
It is directly linked to Lentor station, but the main attraction of the site is probably the fact that there has been no new launches in the neighbourhood for over 14 years. This site is also ensconced in a private landed housing estate, which affords unblocked views in most directions.
Besides that, the Lentor Modern location is also very close to the Central Water Catchment area. It is less than 10 minutes drive from Peirce Reservoir, and Peirce Reservoir Park.
The Lentor Modern showflat will likely open for viewing and sales in the 2nd half of 2022. The developer is GuocoLand, one of the top and most established developers in Singapore. Hence the launch is likely to well received, given the scarcity of new supply in the area.