Residential

More than 60% of Parc Centos sold

Over 60% or 370 of 99-year leasehold 16-storey Parc Centos’s 618 units have been sold at an average price of $950 psf. The price for a one-bedroom unit starts from $550,000 while prices for two-bedroom units, three-bedroom units and four-bedroom units start from $750,000, $880,000 and $1.22 million respectively, with the latter two being the most popular unit types. In addition, the development also offers five-bedroom units and penthouses. The popularity of Parc Centros is likely due to its location in the popular Punggol, the proximity to the MRT station and the upcoming Waterway Point mall, as well as its relative lower psf average price when compared to the nearby Watertown project.

(Source: Business Times)

URA and HDB launch two residential sites

URA and HDB have launched two 99-year leasehold sites that can support a total of 950 units.

The first ...