Parc Botannia Review vs High Park Residences

Parc Botannia Review

Superb Strong Sales seen at High Park Residences

High Park Residences

Straits Times Singapore reported on Jul 20, 2015 after a splendid sales record of High Park Residences that happen the day before. The sales recorded a whole 1,100 units snapped up, about 80% of the total 1,390 units.

The sales results surprised a lot of investors, agents and homeowners, especially in a climate of low sales, and bear market seen in Singapore due to a restriction in home loans, as well as high additional stamp duty (ABSD) environment.

The best selling unit type for high Park residences were the one bedroom, one br + study, two bedrooms, bungalow and terraces. Attributes leading to the great sales results were the price points, abundance of recreational facilities (118 facilities) and additional free lifestyle classes offered to the residents for the first year.

Executive Director of CEL development (Developer) were encouraged by the overwhelming response. Together with Heeton Homes and Kim Seng Heng realty, The project has attracted Singaporean investors, homeowners, as well as foreigners from China, Indonesia and Malaysia.

Upcoming Parc Botannia

Next upcoming project, Parc Botannia that is going to debut in October 2017 will be developed by Wee Hur Development and Sing Holdings. Being located next to the champion project High Park Residences, there shall be a lot of comparisons made between these 2 developments. With Thanggam LRT just beside the Parc Botannia condominium, the convenience for this condo is non debatable. However, comparing to the High Park Residences, the Seletar Mall will be much further for those staying in Parc Botannia.

High park residences is set to complete in 2020. With superbly low maintenance fees, and an abundance of facilities, the project has put a lot of stress on the next door upcoming condo. Developer for Parc Botannia – Wee Hur and Sing Holdings are in the limelight as to the facilities they will provide, maintenance fees, bedroom types etc.

Content with reference from The Straits Times.