Private estate purchase is on the rise. The newest addition is Parc Botannia at Fernvale at Sengkang Town. This development is raised above ground and almost all units have unblocked views . This long awaited for Sengkang condo has 1-5 bedroom unit type across 420 – 1,830 square feet. Its 5 bedroom are uniquely having only one single floor plate unlike typical Penthouse having two levels. As reported by Parc Botannia review, having a huge floor plate in city is rare nowadays as the developer has to work on pricing more than size to make the property affordable.
Mrs CS Tan, one of the potential property onlookers for Parc Botannia, said, ” We have seen many properties for the last 3 months. Non that we saw suits our requirement until Parc Botannia condominium. This condo gives us the needs that we are looking for like, LRT, shopping mall. ” There are quite a few options recently such as Gem Residences, Sims Urban Oasis, Stars Of Kovan. All these new launches have same characteristics with its locality near to the train station and a few stations away to Raffles Place, which many home seekers desire.
With the introduction of several cooling measures, the private residential property index saw a slight decline of 0.4 points from 136.7 points in the fist quarter 2017 to 136.3 points in 2nd quarter 2017. This indicates a decrease of 0.3 percent, compared against with the 0.4 percent decrease in the previous quarter. However, close to city fringe private residential still manage to out do the rest of the outer core region.