Singapore is one of the best developed cities and is widely considered to be the financial hub of Asia. As a result real estate in Singapore is in demand with prices increasing. One of the better options for real estate investors in Singapore is the newly launched condo project of Oxley Holding limited named The Verandah Residences Pasir Panjang at 231, Pasir Pajang road in the south west area. While most construction in Singapore is on leasehold land leased from the government for a period of 99 years, the new project is one the few freehold plots available in the area, and is a better investment in the long term.

The Verandah Residences Colonial Houses Concept at Pasir Panjang

The plot at land for Verandah Residences Colonial House was acquired by Oxley Holdings Ltd through Oxley Amber, its fully owned subsidiary from Casuarina properties in July 2017 for a consideration …

A new development called park colonial is happening opposite Woodleigh MRT station. It is a venture by CEL Unique Development on a prime city plot. The plot of land, which is 631,212 square feet, cost a whopping $700.7 million which can be translated to mean each square feet per plot was bought at $1,110. CEL Development which is partnership between KSH holdings, Chip Eng Seng Corp. acquired the piece of land after tough bidding which attracted all the big wigs in the real estate and even foreigners. The total bids submitted were 15 in number including from city Development Limited. The high prices and stiff bidding is a clear indication that developer value the plots within that location. The construction is expected to go 16 storeys and hold estimated 735 units. Park colonial has its unique qualities and characteristics that make it a place to want to live.

Park Colonial