Watertown condo (above) along Punggol Waterway under construction. Launched early this year, the project is 97 per cent sold, with prices averaging $1,200 psf. It is set to be completed in 2017. -- ST PHOTO: LIM YAOHUIWATER is helping to power the construction boom in Punggol, with developers touting the eco-allures of living close to Sungei Serangoon and Punggol Waterway.
The projects also hope to make waves with buyers by using names like Watertown and River Isles. Eight condominiums and six executive condos, with 8,864 units in total, have been launched since 2010.
An additional 11 Build-to-Order projects - with more than 9,000 units - were also rolled out in the last two years, according to the Housing Board. More flats are expected to be offered which will boost the number from the current 26,000 to 42,000 in 2015.
The projected number of private and HDB homes in Punggol is 96,000.
Coming: Waterwoods EC Punggol
Punggol Central EC coming 2014
Anchorvale Crescent EC coming 2014