Hundred Palms Residences EC

Hundred Palms Residences developer, Hoi Hup to Dominate Upcoming New EC Launch in North-East Region?

Hundred Palms Residences
Project Name Hundred Palms Residence
Developer Hoi Hup Hougang Development (Subsidiary of Hoi Hup Realty)
Address Yio Chu Kang Road
District D19 Hougang
Property Type Executive Condominium
Tenure 99 Years Leasehold
Total Units 531
Unit Mix 3 Bedroom to 5 Bedroom
Expect TOP Date 2020

The executive condominium (EC) site along Yio Chu Kang Road was successfully bid by Hoi Hup Realty who beat the other 9 developers on Feb 2016.

Hoi Hup is known to be the dominator of upcoming new executive condominium (EC) launch in 2017 and 2018, especially the two projects are situated in District 19. Another EC is located at Anchorvale Lane.

Hundred Palms Residences location

The 198,302 sqft land has a maximum gross floor area (GFA) of about 555,267 sqft

Hoi Hup bid the land at $183.8 million, which translate to $331 psf per plot ratio. The developer named it as Hundred Palms Residences and will yield 531 EC units, ranging from 3 to 5 bedroom type.

Developer of Hundred Palms Residences

Hundred Palms Residences developer Hoi Hup

Hoi Hup Realty is a well established residential developer since 34 years ago. Completed over 31 past condominium launch and currently is developing Sophia Hills at Dhoby Ghaut.  Hoi Hup has a pipeline of two executive condominium projects in District 19.

Location of Hundred Palms Residences

It has been some time since the previous EC has been put up for sale in the Hougang and Yio Chu Kang area. The site is situated in a mature residential estate and is relatively close to town.

It is close proximity to the reputable Rosyth School which gives developers higher confidence that strong demand from young couples planning to enrol their children in the school.

Enclave within the Hougang housing estates, Hundred Palms Residences is a matured town with good schools and a variety of amenities.

Hundred Palms Residences location

To be completed in 2020, the residents in Hundred Palms Residences will be able to enjoy more amenities and recreational options and have access to more jobs near home.

Amenities Nearby Hundred Palms Residences

Nearby amenities includes the Hougang 1 shopping mall, Hougang Sports Centre and Nanyang Polytechnic.  The nearest MRT stations are Hougang, Buangkok and Kovan MRT stations.

Hougang one near Hundred Palms Residences

Shopping Malls:

  • Hougang One

  • Hougang Mall

  • Ang Mo Kio Hub

  • Nex Mall

  • Seletar Mall

Dining & Eateries Facilities:

  • Serangoon Garden 

  • Chomp Chomp Food Centre

  • Jalan Kayu Eateries

School/Educational Institution nearby :

  • Rosyth School (Just opposite)

  • Montfort Junior /Secondary School

  • Xin Min Primary/Secondary

  • Yio Chu Kang Primary School

  • Bowen Secondary School

  • Hougang Secondary School

  • Anderson Secondary School

  • Anderson Junior College

  • Nanyang Polytechnics

chomp chomp near Hundred Palms Residences

We expect all these attributes will account for the high take up rate for the launch of Hundred Palms Residences.

Enhancing the Connectivity in Hougang

Served by integrated transport hub, Hougang is well connected to the other parts of Singapore via public transport.

Hundred Palms Residences is easily accessible via Central Expressway (CTE) to all parts of Singapore. Traveling to the city takes only 25-minute drive.  In the near future when the North-South Expressway is completed, the travel distance will be 5-min shorter.

North South Expressway near Hundred Palms Residences

Cross Island Line (CRL) will pass through Hougang when it starts operations by 2030 and will provide a direct MRT route to Changi and the west, as well as major towns over Singapore.

MRT near Hundred Palms Residences

When completed, the Cross Island Line (CRL) which joins from Jurong, West Coast, Clementi, Bukit Timah, Ang Mo Kio, Hougang, Pasir Ris, Loyang and Changi.

In other words, the CRL will provide a faster shortcut route between Hougang and the east or west.

CRL near Hundred Palms Residences

Developments Near Hundred Palms Residences

Defu Industrial Park will be redeveloped to offer more jobs and better work environment with   cycling network and  amenities centre.  The upcoming new generation industrial park, Lorong Halus Industrial Park will create more jobs in light and clean industries, hence will boast a vibrant riverfront lined with lush greenery.

Defu Lane Industrial near Hundred Palms Residences

Serangoon Sub-Regional Centre is a new commercial development which provides office space outside the city.

Hundred Palms Residences

Seletar Aerospace Park (SAP) is currently hosting the leading firms such as Rolls-Royce Group, ST Aerospace and Eurocopter. When SAP completes the expansion works, it will create up to 10,000 jobs and generate highly-skilled employment opportunities.

Seletar Aerospace Park near Hundred Palms Residences

Unique Selling Point

  1. Rare executive condominium in this location.
  2. Reputable Rosyth School just opposite.
  3. Future potential growth due to Cross-Island-Line (CRL).
  4. Low supply of executive condominium (EC) in 2017 and 2018.
  5. Developed by high-end developer, Hoi Hup Realty.

HUNDRED PALMS RESIDENCES

WOW!! WOW!! WOW!! SUPER ATTRACTIVE PRICE GUIDE

INDICATIVE PRICE GUIDE
(For typical units only)

♦ 3BR (883sf to 1130sf): $715K to $975K (Fully Sold)

♦ 4BR (1270sf to 1324sf): $1.03M to $1.13M (Fully Sold)

♦ 5BR (1528sf): $1.188M to $1.288M (Fully Sold)

All Penthouses: Estimated $20K to $25K to add on from the immediate level below

Prices are only an indication and subject to change without prior notice by developer

Credit: URA and LTA.

Let’s Review and Comment whether Hundred Palms Residence EC is a Good Buy! 

Hundred Palms Residences Overall rating: ★★★★★ 5 based on 2 reviews
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