Strong Take-up for Phase Two Sales of Park Place Residences at PLQ

SINGAPORE – Park Place Residences at PLQ commenced Phase Two sales on 7 April 2018, drawing an overwhelming response in the first weekend. As of Sunday, 8 April 2018, a total of 84% of the entire project has been sold.

Showsuite. Picture: Lendlease

Tony Lombardo, Lendlease CEO Asia said, “In Phase 1 sales last year, we fully sold 210 allocated units in a day before closing the showsuite. Over the first weekend of Phase Two sales, another 149 units were purchased, achieving 359 total sales (or 84% sold), for the 429-unit development. This outstanding response is the testament that discerning buyers and investors recognise the value and unique offering of the units at Park Place Residences at PLQ.”

The development includes a range of premium 1, 2 and 3 bedroom units, with prices ranging from S$900,000 up to S$2.2 million.

“Park Place Residences offers great value to buyers via the dual MRT connectivity, generous parkland, civic spaces and adjoining immediate convenience to shops, restaurants, services, as well as close to one million sq ft of A grade offices which will provide a strong demand for rental too. We have specifically focused on making it both a great place to live and invest”, said Mr. Lombardo.

Related: Park Place Residences to be launched in April

Showsuite. Picture: Lendlease

Mr. Lee, a satisfied buyer and a design architect for PLQ said, “I am excited to see the completion of the project and how DP Architects’ design, with its distinct and intricate design elements, has come together seamlessly with Lendlease’s vision for Park Place Residences at PLQ. From the onset, DP Architects has a shared aspiration with the developer Lendlease, in creating the best places with a strong focus on sustainability in our product. It was an easy decision for me to purchase a unit and I am confident in the long-term value of Park Place Residence at PLQ.”

The strategic location and superb connectivity to the dual Paya Lebar MRT interchange (EastWest and Circle Line) allow traveling to work and out of the country extremely convenient. This is best represented by the numbers “2266” – a 2-minute walk to 2 MRT lines, 6 stops to Central Business District and 6 stops to Changi Airport.

2-bedroom Showsuite, Park Place Residences. Picture: Lendlease

Future homeowners of Park Place Residences at PLQ will have many benefits as they are on the doorstep of generous green public spaces and a large range of amenities including quality retail, entertainment, food and beverage options including the full range of shops at the new PLQ Mall. The mall consists of anchor tenants such as Kopitiam food court, Fairprice Finest supermarket and Shaw Theatres.

Another buyer, Mr. Francis Tan shared, “I purchased a unit for investment purposes. I believe that Lendlease is an excellent developer, and this is evident in the fantastic location and great connectivity that Park Place Residences at PLQ offers.”

The showsuite is open daily from 10 am to 6 pm.

Article contributed by Lendlease.