Hundred Palms Residences

Hundred Palms Residences is the first EC to be launched in the Hougang area in a long time. Comprising 9 blocks of 15 storeys each, this highly sought after EC is located in the heart of a mature estate, and is naturally attractive to potential upgraders in the vicinity. Its excellent location sparked strong interest from developers, and consequently, HDB has received numerous bids for the land sale. It was awarded to the winning bidder, Hoi Hup Realty, which will develop the Hundred Palms Residences.

hundred palms residences EC

Hundred Palms Residences Specifications

Project Name: Hundred Palms Residences
Address:  Yio Chu Kang Road
Developer: Hoi Hup Realty
District: 19
Tenure: 99 years leasehold
Total no of Units: 531
Site area: 198,519 sqft
TOP: Q3 2019

Hundred Palms Residences Location

Huge Range of Nearby Amenities

Hundred Palms Residences EC is a stone’s throw from Hougang 1 Shopping Centre which offers residents utmost convenience for grocery shopping (at NTUC Xtra) and numerous F&B options. Other nearby shopping malls include Hougang Green Shopping Centre, Greenwich V, Heartland Mall and myVillage @ Serangoon Gardens.

Transportation is also a breeze, as the EC is a 5-10 min bus ride to Hougang MRT station. Not only does it offer direct connection to the city, Hougang MRT station will be an interchange for the future Cross Island Line. For those who drive, both CTE and KPE are easily accessible via arterial roads.

Walking Distance from Top Schools

Parents who would like to enrol their children into Rosyth School need not look any further. Hundred Palms EC is not just within 1km of the school, it is only a 5-min walk away! Just imagine the amount of time saved by your kids on travelling everyday. Other nearby schools include: Hougang Primary School and Xinmin Primary School.

Desmond Sim, head of Singapore and South East Asia at CBRE Research, said: “The plot’s proximity to Rosyth School gives developers further confidence that demand might stem from young couples planning to enrol their children in the school. This will contribute to the future project’s selling points.”

Hundred Palms Residences Site Plan

Click here to request for the site plan

Unique Features of Hundred Palms Residences

  • Excellent amenities nearby – near Hougang1 which offers access to NTUC and numerous F&B options
  • Low condo density in the vicnity – high price appreciation potential
  • Mins away from Hougang/Kovan MRT stations
  • Connected to various parts of Singapore via major expressways such as the Kallang Paya-Lebar Expressway(KPE) and the Central Expressway(CTE).
  • Walking to distance to Rosyth school, and near other top schools
  • Built by  an Award Winning Developer – Hoi Hup Realty

Hundred Palms Residences Floor Plans

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Hundred Palms Residences Pricing

In Feb 2016, HDB awarded the tender to Hoi Hup Realty at the top bid of $331psf ppr over 9 other bidders. As reported on AsiaOne news, JLL national director Ong Teck Hui pointed out that “the absence of new EC supply in that area and the significant potential demand catchment from nearby HDB estates in Hougang, Serangoon and Ang Mo Kio would have encouraged bidders to view this site positively”

hundred palms residences ec bidding results

Hoi Hup’s director Wong Sjew Hung estimated that group’s breakeven cost will be slightly above S$700 psf. As such, the average selling price for Hundred Palms Residences EC is likely to be at around S$750-800psf.

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About the Developer

Hoi Hup Realty has extensive experience as a property developer. Since 1983, it has built over 900 quality homes (including sell-out projects such as The Ford @ Holland, Suites @ Cairnhill and Waterford Residence), and is in the midst of constructing another 500 over private residential units.

Hoi Hup’s expertise is evidenced by the awards that it has won from BCA and URA for various projects such as 23 Shelford, City View @ Boon Keng and The Peak @ Toa Payoh.

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Nearby Condominiums: High Park Residences, Park BotanniaKingsford Waterbay

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Hundred Palms Residences Hundred Palms Residences Floor Plans Hundred Palms Residences Pricing
Yio Chu Kang EC Executive Condo Hundred Palms Residences show flat
100 Palms EC Yio Chu Kang MRT Hundred Palms Residences Location