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SENGKANG GRAND RESIDENCES
SALES GALLERY
Sengkang Grand Residences , will be sitting on a new and upcoming mixed development, integrating with Buangkok MRT Station and future Bus-Interchange, is bounded by Sengkang Central, Sengkang East Road and Compassvale Bow, located at the North-East Region of Singapore.
It has a site area of 401,333 square feet and a commercial space of 143,161 square feet. From Buangkok MRT Station, serving the North East Line (NSL), residents will have great accessibility. It is about 20 minutes to Orchard Shopping belt, Central Business District (CBD) and 10 minutes to Upcoming Punggol Digital District (PDD) and Seletar Aerospace Park (SAP).
Sengkang Grand Residences will be developed into an integrated community hub meeting the needs of residents in Buangkok with elements of Live, Work and Play that serves the need of the community together with bus transport facilities sited in a one-stop location.
Pricing for Sengkang Grand Residences
1 Bedroom+Study from
2 Bedroom from
2 Bedroom+Study from
3 Bedroom from
3 Bedroom Premium from
3 Bedroom Premium+ Flexi from
4 Bedroom Premium+ Flexi from
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Integrating with shopping mall, residents will enjoy the convenience of diverse range of community and recreational activities and events in a Large Community Club CC within the heart of the shopping mall that will span across 3 storeys. With roof top community gardens and abundance of landscaped spaces and the convenience of the Public Library, child-care centre at door-step, together with Good mixes of commercial shops and a hawker centre, bringing together and integrating different land uses and activities, readily accessible in one location, and with well designed pedestrain promenade, link bridges, giving good pedestrain interaction and efficiency of public infrastructure, good accessibiity with public transport services and Good visual prominence, make Sengkang Grand Residences a condominium of HIGH VALUE so different from many other condominiums.
Residents can enjoy an array of shopping, local and international cusine dining, leisure and entertainment, services upon its completion and this include hyper-mart, large food-court, banks, diverse line-up of retail options, service trades, professional and established child-care centres, to cater to working parents as the working environment in Singapore changes. All these many features and vibrancy will be experienced and appreciated by residents.
View Facilities and Site Plans HERE
Sengkang Grand Residences, comprises of 9 blocks of 8 to 10 storeys with 680 residential apartments from One Bedroom to 4 Bedrooms, catering to singles as well as large families, investors and owner- occupier alike. The units will have very roomy layouts which will create a perfect ambience many years for the residents. Single professionals and families will like this development as has classy interiors which wil be blend well with good features and present a smart-vibre living.
The units in Sengkang Grand Residences are North-South oriented to maximise the brightness of the apartments and also, bring better breeze to the units, this enhance the energy efficiency for the residents. Extra attention shall become placed on natural illumination, bathrooms, closets, drawers, and their entire ambiance. Each room exhibit a relaxing atmosphere and privacy to ensure that its occupants have the most-deserved dwelling place for themselves.
A green linear park will run along the entire frontage of the development of Sengkang Grand Residences, featuring plants of various textures and fragrances, creating a unique sensory experience, blending them with the architecture and there is a square feet of lush landscape deck of facilities. There are
offering residents a huge landscape and great variety of facilities to enjoy.
The towers are spaced generously apart at distances from 40 metres to 70 metres, giving great sense of privacy, compared with the typical 25 metres to 30 metres of other developments.
Project | Sengkang Grand Residences |
Developer | Siena Residentila Development Ptd Ltd and Siena Trustee Ptd Ltd (Joint Venture between CapitaLand and CDL Developments) |
Location | Sengkang Central, Buangkok |
District | 19 |
Tenure | 99 years lease from |
Site Area | 37,254 square metres/ 401,012 square feet |
GFA: | 78,235 square metres /842,124 square feet |
Plot Ratio | 2.1 |
Expected TOP Date: | |
Total Units | 680 residential apartments |
Total Carpark | |
Development | A Mixed Development with Condo apartments and Commercial space, integrating with Buangkok bus interchange and Buangkok MRT Station |
Unit Type: | 1+Study to 4 Bedroom with Flext rooms |
Architect | MKPL Architects Pte Ltd |
Eligibility | SC, SPR and Foreigner can buy |
Sengkang Grand Residences- A Mixed Development- Connectivity
Sengkang Grand Residences is along Sengkang Central, bounded by Compassvale Bow, North-Eastern Region of Singapore. Buangkok Train Station (NE15) which serves the North East Line. This efficient train service allows future residents of Sengkang Grand Residences to get to Dhoby Ghaut within 14 minutes and to Chinatown within 17 mintues.
To access to more bus services, its future residents go to the Punggol Bus Terminal located near to Punggol Train Station which is 2 stations away. For drivers, Sengkang Grand Residences is easily connected to the Kallang Paya Lebar Expressway (KPE) and the Tampines Expressway (TPE) which easily access to parts of Singapore. It takes around 13 minutes of driving to Orchard Shopping District and 15 minutes to Shenton Way from Sengkang Grand Residences.
Sengkang Central Residences- A Mixed Development- Education
For parents, your children’s education will never be a concern as they are numerous schools that are near Sengkang Central Residences. North Vista Primary School, Punggol Primary School, Palm View Primary School, Montfort Junior School, Chij Our Lady Of The Nativity, Yio Chu Kang Primary School, Seng Kang Primary School, Nan Chiau Primary School, North Spring Primary School, Anchor Green Primary School, Hougang Primary School, Compassvale Primary School, Xinmin Primary, Springdale Primary School, Holy Innocents' Primary, Rivervale Primary School are within 2km radius from Sengkang Grand Residences.
Secondary schools that are nearby to Sengkang Grand Residences also include Sengkang Secondary School, Nan Chiau High School, Montfort Secondary, Holy Innocents' High School, Hougang Secondary School, CHIJ St Joseph's Convent, Xinmin Secondary and Compassvale Secondary School.
Sengkang Grand Residences- A Mixed Development- Amenities
Sengkang Grand Residences also offers many retail and dining options to its residents as there are 6 shopping malls that are within its 2 km radius, such as Hougang Green Shopping Mall, Hougang Mall, Hougang Plaza and Compass Point. Many recreation activities can also be found near Sengkang Grand Residences as it is near to Punggol Park, Hougang Stadium, Sengkang Riverside Park.
Leveraging synergies from CapitaLand and CDL's proven expertise in integrated developments, Sengkang Central Residences will be shaped and transformed into an identity marker and new focal point for Buangkok neighbourhood, giving rise to a vibrant and bustling community, for the whole of Buangkok and a greater Sengkang area.
Sengkang Grand Residences Unit Mix Distribution | |||
---|---|---|---|
Unit Type | Type | Area (Square Feet) | Total No. of Units |
1 Bedroom+Study | TBA | 474 | TBA |
2 Bedroom | TBA | 624- 678 | TBA |
2 Bedroom+ Study | TBA | 624 | TBA |
3 Bedroom | TBA | 936- 947 | TBA |
3 Bedroom Premium/ Flexi | TBA | 1012- 1055 | TBA |
4 Bedroom Premium/ Flexi | TBA | 1313-1324 | TBA |
Sengkang Grand Residences Facilities | |||
TBA
|
Sengkang Grand Residences Price List | |||
---|---|---|---|
Unit Type | Area (Square Feet) | Pricing | PSF |
1 Bedroom+ Study | 474 | TBA | TBA |
2 Bedroom | 624- 678 | TBA | TBA |
2 Bedroom+ Study | 624 | TBA | TBA |
3 Bedroom | 936- 947 | TBA | TBA |
3 Bedroom Premium/ Flexi | 1012- 1055 | TBA | TBA |
4 Bedroom Premium/ Flexi | 1313-1324 | TBA |
TBA |
Category | Important Amenities Near Sengkang Grand Residences at Buangkok | Approximate Distance |
Train Stations | Buangkok (NE15) | 0.2km |
Bus Stop | Buangkok Station (Bus: 27, 43) Buangkok Station (Bus: 27, 43) |
0.1km 0.1km |
Supermarkets | Giant Ntuc Fairprice Cold Storage Sheng Siong |
0.4km 0.9km 1.2km 2.6km |
Shopping Malls | Hougang Green Shopping Mall Hougang Mall Hougang Plaza Compass Point Rivervale Mall Hougang Festival Market |
0.7km 0.9km 1.2km 1.2km 1.6km 1.7km |
Education Institutions | Preschool | |
PCF Punggol South Blk 277B PCF Punggol East Blk 103 PCF Punggol Central Blk 206A-206D Monte Kidz World PCF Punggol South Blk 535-542 PCF Bedok Reservoir-Punggol Blk 414 PCF Punggol South Blk 452 Jenius Kindergarten PCF Ang Mo Kio-Hougang Blk 929 PCF Ang Mo Kio-Hougang Blk 970 |
0.2km 0.4km 0.6km 0.7km 0.7km 0.7km 1.0km 1.3km 1.6km 1.7km |
|
Primary | ||
North Vista Primary School Punggol Primary School Palm View Primary School Montfort Junior School Chij Our Lady Of The Nativity Yio Chu Kang Primary School Seng Kang Primary School Nan Chiau Primary School North Spring Primary School Anchor Green Primary School Hougang Primary School Compassvale Primary School Xinmin Primary School Springdale Primary School Holy Innocents’ Primary School Rivervale Primary School |
0.3km 0.3km 0.4km 1.0km 1.0km 1.0km 1.1km 1.3km 1.3km 1.3km 1.5km 1.5km 1.6km 1.6km 1.6km 1.8km |
|
Secondary | ||
Sengkang Secondary School Nan Chiau High School Montfort Secondary School Holy Innocents’ High School Hougang Secondary School CHIJ St Joseph’s Convent Xinmin Secondary School Compassvale Secondary School |
0.7km 1.1km 1.1km 1.1km 1.5km 1.5km 1.6km 1.8km |
|
Junior College | ||
Serangoon Junior College | 2.0km | |
Tertiary | ||
Nanyang Polytechnic | 5.2km | |
International | ||
Lycee Francais De Singapour | 3.2km | |
Food Centre | Kovan Hougang Market & Food Centre | 3.5km |
Lifestyle | Punggol Park Hougang Stadium Sengkang Riverside Park |
0.9km 1.5km 1.9km |
Sengkang Grand Residences a Mixed Development, facilities and Site plan is currently seeking approval from relevant authorities.
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Sengkang Grand Residences
Sengkang Grand Residences
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View Prices and Available Units HERE
View Site and Facilities Plans HERE
Like any other new launches, the prices of Sengkang Grand Residences will only be announced on the sales day. Indicating pricing will be announced earlier.
Sengkang Grand Residences where the site was sold to Capitaland and CDL, for $777.78 million, through Government Land Sales (GLS). This works out to S$923.59 psf ppr.
Cost of Land
The biggest item which determines the new condo price on the launch date is the price at which the land was acquired for the development. This cost of land is spread out across the size of the development so that the cost per square foot (psf) is established. This means that a piece of land with fewer condos may have a higher land psf than another similarly sized piece of land with more condos built on it.
Construction Costs
The cost of constructing the condos also influences the price at which those condos will be sold on the launch date. Construction companies have become so efficient that their construction costs for each square foot of a building don’t vary so much.
Developer Expenses and Profit
The cost of land and the cost of building the condominium will give you the base cost of the project. A fraction (30%) of that base cost will be added in order to cover the additional expenses (conveyance fees and financing costs, for example) incurred during the land development. That fraction of the base cost also covers the profit margin of the developer. The total of the base cost and the extra 30% in order to arrive at an estimate of the likely new condo price on the launch date.
Developers want to make a good product that is of value to the consumers, and they need to generate healthy profits levels for their shareholders. With the most expensive items as land and construction costs, add on the administrative, sales and marketing expense, finance cost, profit margin we will arrive at the selling price.
Marketing expense for the project is around $150 psf. Construction costs including architecture design, is about $400 psf for a condominum.
Land Cost: $923.59 psf prr
Construction Cost: $400 psf
Marketing expense: $150 psf
Profit margin: 15%
Estimated launch price: $1,694.60 psf
After enduring four years of decline, the property developers finally have some good news. The URA reported an increase of 5.4 percent in the private residential property. This is now attracting property dealers from all over the world. As you all may know, Singapore is an island and land will always remain a scarce commodity that’s why the prices of these properties are bound to increase in the long term.
In Singapore residential market, the price gap between HDB versus the private residential market is widening. Base on DBS, it states that Bull Case would see Annual Private Home demand of 17,250 units.
Base on our analysis, our projection for new home demand will come from
1) Household formation
2) Upgrader demand and
3) Foreigner purchases for investment.
The current en-bloc craze has seen developers investing close to S$34 Billion into Singapore property market (S$26 Billion in en-bloc transactions and S$8 Billion into Government Land Sales (GLS) programmes. With a total of 6,500 households displaced, the near term demand over the next two years could rise above the historical norm.
Projected base Population Growth of 6.5 million by 2030 is expected to have a positive impact on Private Home Property Market as demand is projected to remain above historical average of 12,000 units per year.
Register HERE for a presentation to understand why the property market is heading towards an unstoppable uptrend.
Singapore’s growth has outpaced many developed economies, at over 3%, while most developed economies are managing 2.3% on average.
There were 22,076 new citizens in 2017, the second-highest number in the last 11 years. The permanent resident (PR) figures, meanwhile, remained stable over the past year, at 522,000. In 2017, 31,849 were granted PR status.
We have entered a New Cycle. With the bottom prices now, we need to consider to cash out from your present property, regardless a HDB or private condominium, and releverage onto a new launch condo.
Since Sengkang Grand Residences new launch condo is currently under construction, it offers a great option for buyers who are still saving the money for the initial down payment. By facilitating buyers with a progressive payment schedule, installments can be made every few months. These small installments represent a much more accommodating and manageable mortgage. If you buy an investment property, you can easily find a tenant that will help you pay down the loan and mortgage. You will be buying the property at the best price if you get it directly from the developer.
After the purchase, you can resell the property at a higher price. This is great for young people who are looking to settle down in a good place. The great thing about Sengkang Grand Residences new launch condominium is that there is no asset depreciation. So, if you sell the condo just before its completion, you have a chance of acquiring a higher profit.
Buying a unit in Sengkang Grand Residences condo will prevent you from paying buyer’s commission because that will be paid by the developer. After each successful sale, the developer pays the agency which further pays the agents involved. The location of your condo will play a huge role in determining its value in the long run. You can also choose the unit you desire since Sengkang Grand Residences is newly launch, but you will have to act fast because condominiums sell out pretty fast.
This is ideal for buyers who are very choosy and particular about what kind of home they want. You will have the opportunity of securing units with better views which will eventually become very valuable on the open market. All you have to do is sign up and pre-register for the preview by contacting the developer’s marketing team members. To attract a lot of customers, property developers often offers many discounts and stamp duty reimbursements during the VIP and VVIP preview. All you have to do is choose your desired units, submit them with your cheque and leave the rest to the developer’s agent.
The developer’s marketing team will enlighten you regarding the all the particular details of Sengkang Grand Residences such as the pricing, floor plan, etc. during this preview. The value of these condominiums automatically increases the moment the developer removes the early bird discounts. These discounts will be saving you a lot of trouble of negotiating with the seller as well.
Anyone who has invested so much in property would want to be relieved from any further tensions and look forward to enjoying their latest purchase. You will receive Sengkang Grand Residences in brand new condition and can renovate it according to your taste and needs. Not that you’ll need any renovation because everything will be brand new and you will not have to deal with additional maintenance work.
But in case you face any issues in the condo, you won’t have to spend extra money to get it fixed because the developer offers you a one-year warranty on fixtures and fittings. The plus point about Sengkang Grand Residences is that you add your personal touch to it as everything will be according to your choice, and you will not have to deal with the previous owner’s choices. Sengkang Grand Residences also offer much better facilities than any other resale property.
Investing in Sengkang Grand Residences newly launched condo does mean that you will have to wait to enjoy the luxury, but one thing that will help you get through it is that the wait and money are going to be worth every second and penny.
Capitaland
The CapitaLand residential development aims at ensuring they build very quality homes that will fully satisfy your needs. With CapitaLand having an award-winning portfolio of residential developments that are situated in Indonesia, Vietnam, and Singapore, they aim at ensuring their clients have a better life and fully concentrate on the most important things in their lives.
From landmark integrated projects such as Raffles City developments in Singapore and China to Grade A commercial buildings like CapitaGreen in Singapore, as well as award-winning residential projects such as The Orchard Residences, The Interlace, d’Leedon and Sky Habitat – CapitaLand has an unrivalled track record of building city-defining landmarks.
The competitive advantage of CapitaLand is that it has a significant base of asset and the very extensive market network. CapitaLand has been patched together with the operational and developmental capabilities, and extensive design which makes it be able to develop and manage real estate services that are of high quality as well as their products. CapitaLand has got among the largest management investment business located in Asia with a five REITs that is stable and has been listed in Malaysia and Singapore like the CapitaLand Commercial Trust, CapitaLand Mall Trust, CapitaLand China Retail Trust, CapitaLand Mall Trust of Malaysia, and Ascott Residence Trust.
City Development (CDL)
City Developments Limited (CDL) is a Singapore-listed international real estate operating company with a global presence spanning 97 locations in 26 countries. As one of Singapore’s largest companies by market capitalisation, its income-stable and geographically-diversified portfolio comprises residences, offices, hotels, serviced apartments, integrated developments and shopping malls, totalling over 18 million square feet of floor area globally.
CDL has hotel assets in one of the world’s largest hotel groups – its London-listed subsidiary, Millennium & Copthorne Hotels plc (M&C), has over 130 hotels globally, many in key gateway cities. Globally, CDL has developed over 40,000 homes and is one of Singapore’s largest commercial landlords, with one of the biggest landbanks amongst Singapore private-sector developers.
Building on its track record of over 50 years in real estate development, investment and management, CDL has developed growth platforms in five key international markets – UK, US, China, Japan and Australia. The Company is also leveraging its stable of prime assets and growing its real estate funds management business. It currently has over $3.5 billion in funds under management.
City Developments (CDL) believe that the types of landscaping the condo development receive will contribute to the wellness of the residents. The recent few condos by CDL which won the best landscape are The Rainforest in Choa Chu Lang, completed in 2015, was conceptualised as a "nature reserve" for endangered plant species. It was made up of 22 native species of trees and palms and 26 native species of shrubs and groundcover.
The Tree House Condo at Chestnut Avenue off Bukit Panjang Road has a 24 storey green facade, which entered the Guinness World Record for largest vertical garden in 2014. In a bid to become one of Singapore's most eco-friendly property firms, CDL Developments had further raised its performance target in the field of sustainability.
And Lush Acres along Fernvale Close in Sengkang has a hydroponic farm, where residents can plant their own herbs and vegetables within a temperature-controlled environment.
If you wish to visit Sengkang Grand Residences Showflat viewing, all you need to do is to schedule an appointment with us before coming around so as not to waste your time and avoid making a fruitless journey because our showflat may not be opened to the public on particular days and time.
Get amazing benefits as well as Direct Developer Discount. For additional enquiry, please get in touch with us at our Sales Information Hotline +65 90070868 for further details on the details of Sengkang Grand Residences Condominium.
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Sengkang Grand Residences Showflat is located along..............
Tastefully designed to maximise the usability and efficiency of the size, the geographical location, proximity to eateries and top schools, seek to attract many potential home seekers and upgraders to make Sengkang Grand Residences their dream home.
Do register early to book your Sengkang Grand Residences Showflat viewing appointment with us to have a feel of the luxurious and fine finishing by the developer after several detail plannings.
4 Simple things to take note before visiting Sengkang Grand Residences Showflat Gallery
1) We advise to check and know how much CPF you are able to use to purchase Sengkang Grand Residences Condo
2) Contact our Sales Team for our recommended trusted panel of bankers for your loan assessment
3) Are you affected by the TDSR? You will need to know the bracket which you are in
4) For the actual launch date, you will need to understand on how the balloting system works
Register Early to keep yourself update on the latest information pertaining to Sengkang Grand Residences Alternatively, you may contact our Developer Sales Personnel for a non-obligated discussion.
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