Park Place Residences Set To Sell Out Before 2019

3 March 2017, Singapore. Adhering to a highly-anticipated wait, developer Lendlease introduced that Park Location Residences at Paya Lebar Quarter (PLQ) will be introduced by 31 March 2017. The condo component of a mixed-use growth in the centrally-located Paya Lebar marks Lendlease's very first venture into house in Singapore. Its place within PLQ is a tactical one, as PLQ is positioned to be considerable landmark in Paya Lebar Central. The latter was among the very first few areas allocated by the Urban Redevelopment Authority (URA) in its 2008 Master Plan to be developed into a pedestrian-friendly business hub with a distinct cultural identification. The Australian developer has near to 60 years of performance history internationally and runs across the core markets of Australia, Asia, the Americas and Europe.

Park Place Residences at PLQ consists of a mix of 1- to 3-bedroom houses spread across three towers. 117 of the 429-unit job will be 1-bedroom systems, with a measure cost beginning with $780,000. The size of these systems will vary from somewhat under 500 square feet to 580 square feet. There will also be 3 sorts of 2-bedroom houses as well as 2 types of 3-bedroom homes. 2-bedders will range from 650 square feet, while 3-bedders will certainly range from 1,080 square feet. Mr.Tai, Handling Supervisor of Paya Lebar Quarter, said, "We are delighted to be getting in Singapore's residential property market with Park Area Residences at PLQ as well Parc Botannia in Sengkang. Lendlease is a global leader in metropolitan regeneration and has acquired credibility for creating effective incorporated developments in significant cities like Sydney and London. We have touched on our know-how around to create a distinctive condo where citizens can live, work and also play." As the condominium is part of a mixed-use growth located within a business area, Lendlease is exempt to the Additional Purchaser's Stamp Responsibility (ABSD) guidelines which call for developers to market all systems in the advancement within a five-year duration.