ParkTown Residence at Tampines Avenue 11 is the residential component of the Mega Mixed-use development in Tampines. It offers numerous pros that make it an attractive option for home buyers and investors alike.
ParkTown Residence - Mixed-Use at Tampines Ave 11 - Ultimate SG Property
Firstly, the development is poised to become one of the largest integrated developments in Singapore. It features 1,193 units. This scale positions it as a future landmark in the area, enhancing its appeal.
One of the standout advantages of integrated developments like ParkTown Residence is their convenience. Residents can expect to have transportation, entertainment, dining, and shopping facilities right at their doorstep. This integration allows for a better quality of life, as it saves time and effort in daily commuting and errands.
One of the standout advantages of integrated developments like ParkTown Residence is their convenience. Residents can expect to have transportation, entertainment, dining, and shopping facilities right at their doorstep. This integration allows for a better quality of life, as it saves time and effort in daily commuting and errands.
The Allure of an Integrated Development
The historical performance of other integrated developments is also promising. For instance, previous launches have seen significant sales on their opening weekends, indicating strong demand. Examples include the Reserve Residences and Lentor Modern, which sold over 70% and 84% of their units, respectively, on launch day. This trend suggests that integrated developments tend to retain their value and offer good investment opportunities.
Moreover, the potential for high returns is evident, with the possibility of making a six-figure profit within 3 to 5 years. The past performance of integrated developments shows that many owners have achieved substantial profits. This has further reinforcing the attractiveness of ParkTown Residence as an investment.
Moreover, the potential for high returns is evident, with the possibility of making a six-figure profit within 3 to 5 years. The past performance of integrated developments shows that many owners have achieved substantial profits. This has further reinforcing the attractiveness of ParkTown Residence as an investment.
Transformation and Future Growth
Looking ahead, the future transformations in the surrounding area, such as the Cross Island Line, will enhance connectivity and convenience for residents. This new MRT line is expected to significantly reduce travel times across Singapore. This is a major benefit for daily commuters. Additionally, the ongoing development of the Changi Aviation Park and other infrastructural improvements will likely boost property values in the region.
In terms of exit strategy, ParkTown Residence is strategically located near HDB clusters and upcoming executive condominiums (ECs). This will create a strong demand for resale units in the future. As these units reach their minimum occupation period (MOP), many owners may seek to upgrade to ParkTown Residence. It will further driving the demand.
Lastly, while investing in ParkTown Residence may come with a premium price tag compared to regular projects. The value of time saved and the comprehensive amenities available make it a worthwhile investment. The convenience of having everything you need close by can lead to a more fulfilling lifestyle. It is a compelling choice for potential buyers.
Overall, ParkTown Residence presents a unique opportunity to enjoy modern living, while also being positioned for potential financial growth.
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Disclaimer: "Information is accurate as of time of publishing and prices are indicative / while stocks last basis". Also, this infomation on this marketing material is intended for general information purpose only. While reasonable care has been taken to ensure that the information contained herein is not untrue or misleading at time of dissemination. The sender makes no representation as to its accuracy or completeness. In summary, this information contained herein is subject to change without notice.
