City Developments Limited (CDL), with its joint venture partner CapitaLand Limited, commenced sales for the 680-unit Sengkang Grand Residences on Saturday, 2 November, a week after its sales gallery opened for viewing on Friday, 25 October. As of 5 November 2019, 225 units of the 280 released were sold at an average selling price of around S$1,700 psf. The strong performance makes Sengkang Grand Residences the best-selling integrated project launch this year. About 93% of the buyers are Singaporeans, while the remaining 7% comprise Permanent Residents and foreigners mainly from China, Malaysia, India and Philippines.
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Comprising 680 units across nine blocks and situated right in the heart of Sengkang Central, the distinctive Sengkang Grand Residences will redefine the Buangkok neighbourhood and uplift the area’s vibrancy.
216 units of the 280 released were sold on the launch weekend, making Sengkang Grand Residences the best-selling integrated project launch this year.
Comprising 680 units across nine blocks and situated right in the heart of Sengkang Central, Sengkang Grand Residences is part of an iconic first-of-its-kind integrated development with a three-storey retail mall, community club, hawker centre, community plaza, childcare centre, bus interchange and seamless connectivity to Buangkok MRT Station. Residents will have easy access to major expressways such as CTE and KPE, which make the Central Business District a mere 20-minute drive away.
Spanning over 160,000 square feet (sq ft) of gross floor area at the retail mall, residents in the vicinity will enjoy convenient access to specialty stores, services, childcare facilities and supermarket. They can participate in community events at the plaza or shop at the various retail offerings. Buangkok residents can also look forward to an exciting line-up of activities at the upcoming community club.
A plethora of health and wellness facilities await residents, who can enjoy a cookout with friends and family at the poolside BBQ Pavilion.
Each unit offers an expansive and adaptable living space, and is decorated in a clean palette of pleasant tones and natural textures.
Prices start from S$798,000 for a one-bedroom plus study unit, S$998,000 for a two-bedroom, S$1.498 million for a three-bedroom, and S$2.1 million for a four-bedroom premium plus flexi. Unit sizes range from 474 sq ft for a one-bedroom plus study, to 1,324 sq ft for a four-bedroom premium plus flexi unit, and apartments are furnished with premium fittings and wares from De Dietrich, Hansgrohe, Franke and Duravit.
CDL Group General Manager Mr Chia Ngiang Hong said, “We are heartened by the positive response for Sengkang Grand Residences during its weekend launch. The robust take-up reflects a healthy demand for attractively priced homes that are well-designed, well-located and well-connected to a comprehensive array of amenities. As the first integrated community and lifestyle hub in the North-East region, Sengkang Grand Residences offers residents direct access to lifestyle conveniences and vibrant community living experience under one roof. We are confident that the project will continue to attract interest from prospective homebuyers and investors.”
The CDL and CapitaLand joint venture leverages synergies by both developers with proven expertise in integrated developments to transform the site – the largest commercial and residential site awarded since 2015 – into an integrated community hub. Clinched at a tender price of S$777.78 million in August 2018, the bid was submitted on a Two-envelope Concept and Price Revenue tender system, with emphasis on an integrated design concept.
