Property firm Low Keng Huat (LKH) will unveil its latest DBSS project, Parkland Residences, this Friday.
Located in Hougang, Parkland Residences offers 680 DBSS flats comprising three- to five-bedroom units, as well as five-room premium units, with a built-up area of 1,206 sq ft.
Prices range from S$359,000 to S$404,000 for a three-room flat (721 sq ft), S$485,000 to S$571,000 for a four-room flat (990 sq ft) and S$606,000 to S$676,000 for a five-room flat (1,173 sq ft). Meanwhile, five-room premium units — which come with four bedrooms each — have a price tag of between S$608,000 and S$706,000.
The developer said the highlight of the project includes higher ceilings in the top-floor units.
According to Ong Kah Seng, Director at R’ST Research, the pricing of the project is “considered reasonable and still quite affordable for eligible buyers, but not significantly attractive for buyers who are on the sidelines and those at the crossroads of deciding between buying a public flat, DBSS flat or EC.”
E-applications for Parkland Residences start tomorrow and end on Tuesday, 10 January 2012.
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