Park Place Residences at PLQ draws overwhelming response on first weekend

Park Place Residences at PLQ opened its showsuite last weekend. The new condominium is part of the centrally located, mixed-use development – Paya Lebar Quarter. The project extends Lendlease’s proven international residential experience into the Singapore market.
Mr Tony Lombardo, Lendlease CEO, Asia, said, “The response to our showsuite this past weekend has been overwhelming. We welcome the strong confidence buyers and investors have in Park Place Residences at Paya Lebar Quarter. It confirms the quality attributes and value of the location and development. The showsuite will remain open until 20 March 2017 for expressions of interest, with sales launching on 25 March 2017.”
Prospective buyer Ms Debbie Lam, 31, said, “I am looking to invest in a 1-bedroom unit. The easing of the property cooling measures is quite good for me, as it makes it easier for me to consider purchasing a unit. Park Place Residences at PLQ’s attractive features stand out to me. It looks like a very nice project.”
Another buyer, Mr Kelvin Suen, 45, said, “I have placed a cheque for a unit as I am keen to purchase it for investment purposes. The latest announcement on the property cooling measures was a very good deciding factor for me to go ahead with my purchase. I think that the condominium’s strategic location, and the fact that it is part of an integrated development, make for good investment potential.”

About Lendlease
Lendlease is a leading international property and infrastructure group. We are listed on the Australian Securities Exchange with 12,000 employees worldwide. Our capabilities span the entire property spectrum – development; investment management; project management & construction and asset & property management – and our expertise covers multiple sectors including commercial, life sciences, residential, retail, hospitality and education.
Lendlease’s vision of creating the best places – places that meet the varied, nuanced and personal needs of the people who live and work there – is achieved by curating an indelible connection between people and places.
We create innovative, sustainable and quality property solutions, forging partnerships and delivering value to clients, investors and communities. Through design and investment in new technologies, we are delivering the next generation of sustainable property solutions. Safety is our number one priority and we are committed to operating Incident & Injury Free.
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