From fishing villages and rubber plantations to being one of Singapore’s most modern towns, Sengkang has got residentials for everyone.
While some might consider it to be a little out of the way, it’s got some great gems waiting to be uncovered, and we’re going to help you do just that!
Ongoing Residential Evolution
Sengkang is the North East’s most popular satellite town, and one of Singapore’s more recently developed neighbourhoods.
With 65,891 HDB flats, and over 207,000 HDB residents living in the place, Sengkang’s namesake of “prosperous harbour” is finally coming true.
The neighbourhood boasts the technical achievement of being the first town to have its major public transport amenities built together with public housing, with the Sengkang LRT system bring closely integrated into the housing blocks.
The authorities are not remotely done with the space, however, as they have been consistently releasing new BTO units in the area. 2017 saw consecutive releases in August and November, with November’s Anchorvale Village and Fernvale Glades adding 1507 units to the area.
There will not be any break for Sengkang, as the upcoming May 2018’s BTO release will see another 1180 units come up along the area within Sengkang West Road and Fernvale Lane boundaries.
Sengkang also has 2 recent Executive Condominium projects, Treasure Crest at Anchorvale Cresent, and one more unnamed project upcoming on Anchorvale Lane.
Condominiums at a Steal
It is amazing when you realise that Sengkang’s condominiums are renting at superb prices. We’re talking about a $3-$4psf rental across the board. That means the possibility of getting a 893 sq ft apartment at Sengkang Square’s La Fiesta for $3000.
Closer to Sengkang East Avenue, a 570 sq ft unit at Riversound Residence is fetching an asking of $1880, or about $3.29psf.
Home prices are also no slouch, and with some great pricing for a satellite town. A great example would be a 1054 sq ft apartment at Compass Heights going for $975,000. The recently built H2O residences along Sengkang West Avenue has units going from $1.05 million, which comes into a $900 – $1100psf range.
It is interesting to note that Sengkang hasn’t reached full potential as a town yet, so as it grows in both population density and services, units in this area will also grow to
become more valuable.
Great Amenities and Recreation
Sengkang isn’t difficult to love. Let’s start with the fact that every location in Sengkang is served by at least one LRT station. Convenience is a great thing to have, and Sengkang’s residents have that in spades.
Compass One shopping centre also provides a one-stop mall built to serve resident’s needs. The 270,000 sq ft Fraser Centrepoint development was opened in 2002 as Compass Point, before redeveloped as Compass One. It has a Cold Storage, an array of restaurants and fast food options, a Kopitiam food court and even houses Sengkang’s Public Library!
Sengkang is also packed with young families, meaning that there’s a large selection of Primary schools, including the hugely popular Nan Chiau Primary School. Just a quick Google Maps search within the Sengkang area threw up 12 primary schools, so there’s no lack of options for families with young children.
Sengkang also has an awesome Riverside Park, which has Punggol Reservoir cutting through it. This 21 hectare park situated close to Anchorvale street has some great jogging paths, is home to specially constructed wetland and rich biodiversity.
All Bases Covered
Sengkang’s connectivity, amenities and residential profile is perfect for the up and coming middle class family in Singapore. It’s not too noisy, close to nature and features plenty of great places to stay in at reasonably good prices.
The government is far from done with this place, and there will definitely be further development in this area. It certainly looks like Sengkang is a great place with something for everyone!