Park Colonial, the soon-to-be-launched condominium to be added to the Bidadari landscape, is only a short walk from Woodleigh MRT station and will consist of six residential towers with 805 units. Expected to be completed in 2022, the sale of this jointly developed project by CEL Development, Heeton Holdings and KSH Holdings, is slated to start on July 14. The winning bid by the consortium reflected $1,110 per square foot per plot ratio. Amenities in the vicinity include Nex shopping centre, which houses an integrated transport hub, Paya Lebar Central and the 10-hectare Bidadari Park, which is currently under construction. Park Colonial’s strong location attributes is expected to garner strong interest. Two other new launches to be released for sale soon are Stirling Residences by Hong Kong-listed property group, Logan Property, and the second tower of Marina One Residences by M + S, the joint venture between Khazanah Nasional and Temasek Holdings. Logan Property and Nanshan Group won the site on Stirling road for $1.003 bn or $1,051 per square foot per plot ratio (ppr). With three tall towers in the clouds and Queenstown MRT station close by, residents will be able to enjoy stellar views of the city skyline and the sea, and also enjoy seamless connectivity to other parts of Singapore. The second tower of Marina One Residences, called Garden Tower, will be launched at average prices of $2,700 psf to $2,800 psf.
