Park Colonial

Park Colonial LogoPark Colonial is located right beside Woodleigh MRT station, and is poised to be the next blockbuster project to be launched in the RCR region. Comprising 805 apartment units housed in 6 blocks, Park Colonial stands upon a massive site area of 210,413 sqft. It has a classic colonial design, inspired by the nearby Woodleigh estate.

Park Colonial Location

Park Colonial Woodleigh Location

Residents of Park Colonial will be able to enjoy easy access to Woodleigh MRT station which is only 5 stops away from Dhoby Ghaut interchange. For those who do not drive, there’s no need to walk long distances under the hot sun for daily commute. For those who drive, the Pan Island Expressway is less than 5 mins away.

Across Upper Serangoon Road is an upcoming mixed development which is expected to TOP around the same time as Park Colonial. The mixed development includes Woodleigh Mall, which offers Park Colonial residents additional shopping and dining options. Other malls within 1 MRT stop away include NEX mall, The Poiz Centre and The Venue Shoppes.

For those with school-going children, primary schools within 1km are Cedar Primary Sch, St Andrew’s Jr Sch and Maris Stella High Sch.

Bidadari New Town Rejuvenation

To meet housing demand for a growing population, Bidadari will be developed into a new public housing estate, with its own unique character. Bidadari Estate will be developed to blend with the area’s rich heritage, existing expanse of greenery to create a garden living environment.

Envisioned as “A Community in a Garden”, Bidadari Estate will feature the Bidadari Park, which will capitalise on the existing terrain, retain a cluster of mature trees, and replicate a fondly remembered lake in the former Alkaff Gardens in the area. The Park will be connected to the residential estate through pockets of open spaces, with part of the tree-lined Upper Aljunied Road to be converted into a heritage walk for pedestrians.

Bidadari Estate will be pedestrian and cyclist friendly, with seamless connections between transport nodes, the park and commercial developments. To provide for the needs of new and existing residents, Bidadari Estate will feature a wide range of amenities including a new commercial development next to Woodleigh MRT station. A bus interchange, neighbourhood police centre and other community facilities will be located nearby. Other amenities such as places of worship and healthcare facilities are also being planned for the estate.

Given Bidadari’s good location and URA’s development plans for the area, it has huge potential to transform into highly sought after mature estates such as Bishan. Just like how those who have massively profited from buying properties in Punggol during the infancy of its development, early investors into Bidadari and its surrounding areas are bestowed with substantial pricing upside potential.

Park Colonial Specifications

Project Name: Park Colonial
Address: 2 4 6 8 10 12 Woodleigh Ln, Singapore 357686
Developer: CEL Unique Development Pte Ltd
(Joint Venture by Chip Eng Seng Corporation, Heeton Holdings and KSH Holdings)
District: 13
Tenure: 99 years leasehold
No. of blocks 2 blocks of 14 storey
4 blocks of 15 storey
Total no of Units: 805  inc. 15 Dual Key Units
No. of carpark lots 664 (including 5 handicap lots)
Facilities Drop off Point – Colonial Square, The Grand Venue – Club House 10m Ceiling Height, Cantilevered Lap Pool – 50m, Tranquil Waterway – Hammock Pool, Kids Play House & Water Play, Colonial Boulevard, Boulevard Gourmet House, English Breakfast House, Tea Garden, Fren Graden, Lazy Pool, Spa Pavillion, 150m Garden Turf walkway, Sunset Bar, etc.
Site area: 19,547 sqm / 210,413sqft
Expected TOP: 13th July 2022
Expected Legal Completion 2024
Architect ADDP Architects LLP
Landscape Architect Ecoplan Asia Pte Ltd
Solicitor Dentons Rodyk and Davidson LLP
Main Contractor Dragages Singapore

Site PlanPark Colonial Site Plan

Unique Features

  • Convenience of access to Woodleigh MRT station at door step and 5 stops away from Dhoby Ghaut interchange
  • 5 mins walk to future Woodleigh Mall (28,000sqm of retail gross floor area)
  • Substantial pricing upside potential from first mover advantage of investing into Bidadari estate’s growth
  • Woodleigh Residences (across Upper Serangoon Road) expected to launch at a higher price
  • Within 1km to Cedar Primary Sch, St Andrew’s Jr Sch and Maris Stella High Sch
  • Connected to future mixed development, shopping and bus interchange
  • Massive project with huge common areas and numerous facilities
  • Efficient layout (avoid paying for wasted dead spaces)
  • Branded kitchen appliances (Bosch), sanitary wares (Roca) and fittings (Grohe)
  • Quality finishing – marble flooring for living and dining  for 4BR Premium and above
  • One of a kind high ceiling colonial clubhouse design

Photo Gallery

Park Colonial Floor Plans

Click here for Floor Plans

Unit Mix

Unit Type No.of Units Est. Unit Size(sqft)
1 Bedroom 153 463
1 Bedroom + Study 14 506
2 Bedroom Classic 157 570-635
2 Bedroom Deluxe 132 635-678
2 Bedroom + Study 28 667
2 Bedroom Dual Key 15 743
3 Bedroom Classic 146 915-980
3 Bedroom Deluxe 71 1012-1066
4 Bedroom Classic 30 1184-1249
4 Bedroom Deluxe 30 1367-1410
5 Bedroom Luxury 29 1712
Total 805

As at 8 July 2018:

  • Stack 5, 2D, fully sold
  • Stack 18, 2C, fully sold
  • Stack 40, 1B fully sold except #14-40 PH
  • Stack 41, 2D, fully sold
  • Stack 48, 2C, fully sold
  • Stack 56, 2D, fully sold

Park Colonial Official Pricing

In response to a Government Land Sale tender, there were a total of 15 bidders for the popular site and eventually drew a top bid of S$700.7m from CEL Unique Development, which is 60 per cent owned by Chip Eng Seng Corp, and 40 per cent by Unique Real Estate. Unique Real Estate is a joint venture of Heeton Holdings and KSH Holdings units. The site was awarded to CEL Unique Development which will build Park Colonial on this site.

According to a Straits Times article, Mr Ong Teck Hui, national director of research and consultancy at JLL, said: “The bidding war for residential sites has escalated further in this tender, driven by bidders’ determination to secure this attractive site in a market that is potentially recovering.” He noted that about half the bids were above expectations, with the top four within a tight 3.6 per cent margin.Park Colonial GLS bid

Latest Price (based on available units as at 11 Aug 2018)

✅ 1BR
#01-31 463sqft $793000 ($1712psf) 💥
#01-32 463sqft $793000 ($1712psf) 💥
#02-17 463sqft $824000 ($1779psf)
#04-24 463sqft $825000 ($1781psf)
#04-17 463sqft $830000 ($1792psf)

✅ 1+Study
#02-23 506sqft $932000 ($1841psf)
#01-23 506sqft $935000 ($1847psf)
#03-23 506sqft $935000 ($1847psf)
#04-23 506sqft $938000 ($1853psf)

✅ 2BR C
#04-09 603sqft $1055000 ($1750psf)
#04-16 603sqft $1055000 ($1750psf)
#01-27 624sqft $1056000 ($1691psf) 💥
#03-27 624sqft $1056000 ($1691psf) 💥
#06-09 603sqft $1063000 ($1750psf)
#03-44 635sqft $1082000 ($1704psf) 💥

✅ 2BR D
#02-04 678sqft $1183000 ($1744psf) 💥
#01-04 678sqft $1187000 ($1750psf) 💥
#02-01 678sqft $1212000 ($1787psf)
#01-01 678sqft $1229000 ($1812psf)
#03-01 678sqft $1229000 ($1812psf)
#02-13 678sqft $1236000 ($1823psf)

✅ 2BR DK
#01-08 743sqft $1363000 ($1834psf)
#04-08 743sqft $1393000 ($1876psf)
#05-08 743sqft $1397000 ($1881psf)
#07-08 743sqft $1405000 ($1892psf)

✅ 3BR C
#02-23 936sqft $1511000 ($1614psf)
#01-23 936sqft $1516000 ($1619psf)
#04-23 936sqft $1521000 ($1625psf)
#02-42 980sqft $1542000 ($1573psf) 💥
#01-42 980sqft $1547000 ($1579psf) 💥
#09-23 936sqft $1551000 ($1657psf)

✅ 3BR D
#03-06 1023sqft $1649000 ($1613psf) 💥
#04-06 1023sqft $1654000 ($1617psf) 💥
#05-06 1023sqft $1659000 ($1622psf)
#02-43 1066sqft $1705000 ($1599psf) 💥
#02-07 1012sqft $1763000 ($1742psf)
#01-07 1012sqft $1776000 ($1755psf)

✅ 4BR C
#02-22 1184sqft $2098000 ($1771psf)
#02-02 1249sqft $2099000 ($1681psf) 💥
#01-22 1184sqft $2104000 ($1777psf)
#03-22 1184sqft $2104000 ($1777psf)
#04-22 1184sqft $2110000 ($1782psf)

✅ 4BR D
#02-19 1367sqft $2259000 ($1652psf) 💥
#02-55 1410sqft $2356000 ($1671psf) 💥
#01-55 1410sqft $2362000 ($1675psf)
#03-55 1410sqft $2362000 ($1675psf)
#04-55 1410sqft $2391000 (1696psf)

✅ 5BR L
#01-50 1701sqft $2780000 ($1635psf) 💥
#02-50 1711sqft $2791000 ($1631psf) 💥
#03-50 1711sqft $2798000 ($1635psf) 💥
#04-50 1711sqft $2805000 ($1639psf)
#05-50 1711sqft $2890000 ($1689psf)

💥 denotes starbuy units with lowest psf

This is considered a steal as the neighbouring Woodleigh residences is expected to be priced above $2,000psf.

Register now to obtain more information on the availability of your choice units!

About the Developer

CEL Development Pte Ltd is a wholly owned subsidiary of Chip Eng Seng Corporation Ltd, a public listed company in Singapore since 1999.

CEL’s Vision: “To be a leading multi-discipline property development company of choice, one is synonymous with creating quality homes with outstanding build quality and investment value, thereby creating sustainable value to its shareholders and customers and being a socially responsible corporate organization”.

Some of CEL’s projects include Grandeur Park Residences, High Park Residences, Onze @ Tanjong Pagar, Sky Green@Macpherson, KAP Residences and Park Colonial.

Register Interest Now

Park Colonial is expected to launch in mid July 2018. REGISTER NOW for an appointment at our showflat and enjoy VIP pricing direct from the Developer! No agent commission required!

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Powerhaus Real Estate
Powerhaus Real Estate3 days ago
Based on the top bid, Colliers International estimates that the EC will have a break-even price of S$900-950 psf ppr and an average selling price of S$1,100 psf.

It shows that developer believe that there will be strong demand for EC. With an EC at Anchorvale going to be selling at $1,100psf, what price would private condos launch at over the next few years?
Powerhaus Real Estate
Powerhaus Real Estate6 days ago
Due to the cooling measures, CCR properties are still affordable. With 1.7m, you can afford a decent sized unit in the CBD for investment. On psf basis, it's currently not too far from RCR properties.
Powerhaus Real Estate
Powerhaus Real Estate7 days ago
This 4 bedroom unit (about 1733sqft) in a property with full condo facilities in the heart of River Valley is what you can get within a budget of SGD5m
Powerhaus Real Estate
Powerhaus Real Estate1 week ago
If you are the developer, and the take up rate is good, will you drop or increase the price after launch?

https://sg.finance.yahoo.com/news/jadescape-draws-crowd-9-000-101554347.html
Powerhaus Real Estate
Powerhaus Real Estate1 week ago
First GLS result after the July cooling measures. Despite fewer bids, prices remained high. Jalan Jurong Kechil site was awarded at $1,002psf! Expected selling price would easily be around $1,600psf if the developer accepts thin profit margins. To put things in context, CEL won the bid for Park Colonial site (beside Woodleigh MRT station) at $1,110psf and Park Colonial is priced at an average of $1,700psf!

Developers are still submitting bullish bids for a reason. PM us if you would like to know why.

https://www.straitstimes.com/business/property/canberra-link-ec-site-draws-keen-interest