New Condos within 500m of a North East (NEL) MRT Station
By Raquel Alexandria
/ EdgeProp Singapore |
In July 2018, the government imposed new regulations in order to cool the property market. Despite the introduction of these new measures, many analysts believed in a positive market outlook due to the increasing number of new developments that were being built as well as buyer responses.
Therefore, let us continue our series of new condo launches within 500m of a MRT station; specifically, those within 500m of a North-East Line (NEL) Station so you can make your best property decision in 2019.
North-East Line (NEL)
The North-East Line (NEL) runs from Harbourfront (NE1) to Punggol (NE17) and includes prominent stops like Dhoby Ghaut interchange and Outram Park Station. It is also Singapore's first line to deploy fully automated & driverless trains.
Those living close to this line would also have many places of interest to explore. On this line, Nature lovers could alight at Punggol MRT (NE17) to explore Punggol Waterway Park and Promenade Riverside Walk. Party lovers could alight at Clarke Quay MRT (NE5) for a fun night out; where you could try out the G-MAX Reverse Bunge, board the Singapore River Cruise and enjoy live music at the numerous bars.
New launches around this line include: Uptown @ Farrer, Haus on Handy, The Woodleigh Residences, Sengkang Grand Residences, Park Colonial & One Pearl Bank.
Future projects on this line include: A new serviced apartment with commercial space near Outram Park (Former Chinatown Plaza).
Location: Handy Road, District 9
Closest MRT Station: Dhoby Ghaut MRT(NE6)
Ownership Type: 99 years Leasehold
Developer: CDL Regulus Pte Ltd
Total Units: 188 Residential Units
Expected TOP: 2H 2023
Haus on Handy Artist's Impression
Haus on Handy is an upcoming 188 unit residential development on Handy Road. It will have 3 towers – each 8-10 storeys high. Future residents will be pleased to know that it is right next to Dhoby Ghaut MRT(NE6), which serves as an interchange for the Circle Line (CCL), North-East Line (NEL) and North-South Line (NSL); making commuting a breeze.
Schools and Plus Points:
Haus on Handy is near Orchard Road; which makes this location perfect for shopaholics and fashionistas alike. There are also tons of great dining spots and cafes to satisfy any food lover as well. Many reputable schools like St.Margaret's Primary School and Anglo-Chinese Junior School are all within easy reach. Other educational institutions nearby include LASALLE College of Arts, School of the Arts Singapore (SOTA ), ISS International School and Singapore Management University.
Recommended for:
Haus on Handy is suitable for owners looking to own a cozy home within the Central Core Region (CCR) and a short walk from the MRT station. Families with both young and older children will be delighted by the choice of schools available within this area.
Pricing:
Useful resources:
1) For price trends, recent transactions, other project info, check out Haus on Handy project details page
2) For the latest Haus on Handy listings, click here
Related property news:
Location: 12 Perumal Rd, District 8
Closest MRT Station: Farrer Park MRT (NE8)
Ownership Type: 99 Years Leasehold
Developer: Low Keng Huat
Total Units: 166 units
Expected Completion: 2H 2022
Uptown @ Farrer is an upcoming 116 unit residential development in the heart of Farrer Park. It has tons of amenities for its future residents such as a clubhouse, a guardhouse, an indoor gym, tennis court and more. Uptown @ Farrer is also just a 2-minute walk from Farrer Park MRT (NE8).
Schools and Plus Points:
Residents of Uptown@Farrer Park will also be pleased to know that they will be just a stone throw away from City Square Shopping Mall as well as the famous 24-hour shopping center - Mustafa. Families with children will have access to reputable schools such as St. Margaret’s Primary School, Joseph’s Institution Junior, Hong Wen School, and Bendemeer Primary School all within a short drive away.
Recommended for:
Uptown@Farrer is suitable for those who wish to live in the city fringe and experience easy connectivity right at their doorstep. This property is also suitable for those who wish to experience the cosmopolitan and multicultural vibe of the area.
Pricing:
Prices start from S$688,888 for one-bedroom units.
Useful resources:
1) For price trends, recent transactions, other project info, check out Uptown@Farrer project details page
2) For the latest Uptown@Farrer listings, click here
Related property news:
Location: Woodleigh Lane, District 13
Closest MRT Station: Woodleigh MRT( NE11)
Ownership Type: 99 years Leasehold
Developer: CEL Development, Heeton Holdings, and KSH Holdings
Total Units: 805 units
Expected TOP: 2H 2022
Park Colonial Artist's Impression
Park Colonial is a luxury condominium with 805 residential units near the upcoming new town Bidddari. The project is undertaken by a consortium comprising CEL Development (the property investment and development arm of Singapore-listed Chip Eng Seng Corp), Heeton Holdings and KSH Holdings. It provides excellent connectivity to its future residents through Woodleigh MRT station (NE11) which is right at its doorstep.
Schools and Plus Points:
Some of the most popular and reputable schools like Cedar Girls’ Secondary School, Stamford American International School, St. Andrew’s Village (Primary, Secondary, and Junior College) and Maris Stella High School are within close proximity from the condo, making it a very attractive option for families.
Recommended for:
Park Colonial is suitable for both families and single professionals. The proximity to the Central Business District (CBD) makes it perfect for working professionals. Its wide range of top schools, amenities, and top-notch transport connectivity also makes it perfect for families with children.
Pricing:
Prices start from S$745,000 for one-bedroom units.
Useful resources:
1) For price trends, recent transactions, other project info, check out Park Colonial project details page
2) For the latest Park Colonial listings, click here
Related property news:
Location: Bidadari Park Drive, District 13
Closest Circle Line MRT Station: Serangoon (CC13) & Bartley (CC12)
Ownership Type: 99-year Leasehold
Total Units: 667 Units
Developer: Elara 1 Pte/Callisto 1 Pte Ltd
Expected Completion: 2H 2022
The Woodleigh Residences Artist's Impression
Woodleigh Residences is a joint venture between Singapore Press Holdings (SPH) Limited and Kajima Development Pte Ltd under their subsidiaries: Elara 1 Pte Ltd and Callisto 1 Pte Ltd respectively. The developers won the tender bid for the government land sales (GLS) program in June 2017 for a total sum of $$1.132 billion. This will be the very first private residential project in the upcoming Bidadari town. The project will also be just a five-minute drive to Serangoon MRT Station (CC13) and a one-minute walk to Woodleigh MRT Station (NE11).
Schools and Plus Points:
Future residents will be well served by schools such as St Andrew’s Junior College, Cedar Girls’ School, and Stamford American International Schools; all of which are within a 2-km radius of this new launch.
Recommended for:
Young and mature families who are interested to live in an upcoming town with great connectivity and amenities where they can feel content without leaving the area will fall in love with this home.
Pricing:
Prices start from S$974,000 for two-bedroom units.
Useful Resources
1) For price trends, recent transactions, other project info, check out The Woodleigh Residences project details page
2) For the latest The Woodleigh Residences listings, click here
Related property news
Location: 10 Sengkang Central – Buangkok, District 19
Closest MRT Station: Buangkok MRT (NE15)
Ownership Type: 99 Years Leasehold
Developer: CapitaLand and City Development Limited (CDL)
Total Units: 682 residential units (Subject to changes)
Expected Completion: 2022-2023
Sengkang Grand Residences Artist's Impression
Sengkang Grand Residences is a mixed development project by CapitaLand and City Development Limited (CDL). It will consist of both commercial and residential spaces to ensure a seamless living experience for its future residents. The project will be right next to Buangkok MRT (NE15), bus interchange as well as a shopping mall.
Schools and Plus Points:
Future residents will be close to 6 shopping malls such as Compass Point, Hougang Plaza, Hougang Mall, and Hougang Green shopping mall. In addition, those who love sports or nature will be delighted to know that Sengkang Riverside Park and Punggol Park are all within close proximity. Future residents will be well served by schools such as Montfort Junior School, Punggol Primary School, and Nan Chiau Primary School.
Recommended for:
Sengkang Grand Residences is suitable for owners looking to own a home away from the city and live in a self-contained town with all the necessary facilities and amenities they would ever need.
Pricing:
TBA
Related property news:
Serviced Apartment with Commercial Space (Former Chinatown Plaza)
Location: Craig Road
Closest MRT Station: Outram MRT (NE3)
Former Chinatown Plaza was successfully en bloc-ed to Singapore-based Royal Golden Eagle for S$260 million, which translates to S$1915 psf ppr.
Schools and Plus Points:
Given its city-center location and vibrant enclave with proximity to Outram Park MRT (NE3), the property is ideal as a serviced apartment.
Useful Resources
1) For price trends, recent transactions, other project info, check out Serviced Apartment with Commercial Space (Former Chinatown Plaza) project details page
Related property news
Location: 1 Pearl Bank, District 3
Closest MRT Station: Outram Park MRT (NE3)
Ownership Type: 99 Years Leasehold
Developer: Areca Investment Pte Ltd
Total Units: 774 Residential Units
Expected TOP: 2023
One Pearl Bank is an upcoming development at the core city center. It is walking distance of Chinatown and the only development on top of Pearl’s Hill. The 99-year leasehold development by Acreca Investment Pte Ltd will have two 39-storey residential towers with 774 units in total. The project will also be walking distance to Outram Park MRT (NE3).
Schools and Plus Points:
Future residents will be pleased to know that there are several schools such as Outram Secondary School, First Media Design School, and Camford International School nearby this new development. Since this development will be in a mature estate residents can be reassured there will be tons of amenities within close proximity.
Recommended for:
One Pearl Bank is suitable for owners looking to own an iconic home with a historic background in a mature estate in the city center.
Pricing:
TBA
Useful resources:
1) For price trends, recent transactions, other project info, check out One Pearl Bank project details page
2) For the latest One Pearl Bank listings, click here
Related property news:
That rounds up our list for new launches near North-East Line (NEL) Stations for 2019. We hope that this list has been useful to you as you make your decision on which new launch suits you best.
Note: We will update this post continuously/quarterly as new information arises about these projects.
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