Park Colonial

Park Colonial is a leasehold (99 yrs from 2017) condominium completed in 2021. It is developed by CEL UNIQUE DEVELOPMENT PTE LTD. The development occupies a land area of 12,483 sqm and a Gross Floor Area of 34,952 sqm. It consists of 805 units. According to records, buyers of this development are Singaporean 83.2%, PR 9.5%, Foreigner 7.3%, Company 0.0%.

PARK COLONIAL is located along Woodleigh Lane in Toa Payoh, in District 13. It is accessible through the nearest MRTs including Woodleigh NE11 and Potong Pasir NE10.

Based on transaction data in the last 12 months, sale prices range from S$ 1,778 psf to S$ 2,306 psf at an average of S$ 2,141 psf. Its highest recorded transaction was S$ 2,306 psf in Feb 2024 for a 603-sqft unit. Its lowest recorded transaction was S$ 1,308 psf in Jul 2018 for a 1,442-sqft unit. Its current rental yield is at 4.1%. Other nearby amenities include: 2 Grocerie(s): NTUC FAIRPRICE CO-OPERATIVE LTD, HAO MART PTE. LTD..

Buyers and tenants are attracted to District 13, which encompasses Braddell, Macpherson and Potong Pasir. It is located at the city fringe of Singapore. The district comprises predominantly residential properties in the form of HDB clusters, private non-landed and landed homes. District 13 is served by the Macpherson MRT station of the Circle Line and the Downtown Line. It is also connected by Potong Pasir and Braddell MRT stations via North-East Line and North-South Line. Residents in these areas enjoy good accessibility to nearby shopping malls and amenities such as City Square Mall, NEX Shopping Mall and the Orchard Road shopping belt.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.