iCompareLoan Editorial Team
District 14’s Paya Lebar is in an exciting season of modernization and growth, as the URA’s plans and programs are geared to enliven the area. These efforts include some residential, commercial and mixed-use developments. One upcoming mixed-use project to look forward to is Park Place at PLQ. Three parcels along Paya Lebar Road will be combined into a single, iconic landmark at the centre of Paya Lebar, fusing the energetic pulse of the city with the laid-back elan of the eastern regions of the island. This 99-year leasehold is brought to us by Lendlease, a Sydney-based international real estate development group that specializes in urban regeneration and city transformation.
Targeting a 2020 completion date, Park Place will embody the ideal cosmopolitan lifestyle. It will be a place that allows the live + work + shop lifestyle coveted by so many city dwellers throughout Asia. The development will be comprised of upscale residential units, condo facilities, retail shops, restaurants, entertainment, and professional workspaces, all rolled into a single trendy address.
Park Place Residences
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At the heart of this up-and-coming scene will be three residential towers, stacked with 429 premier units. Envisioned to epitomize modern Singaporean sophistication, each home will be a haven of rest and relaxation. Expect dynamic layouts, stylish interiors, and high-grade materials. Most units will even have a gorgeous view of the city.
– 1 Bedroom (500 – 600 sq ft)
– 2 Bedroom (650 – 900 sq ft)
– 3 Bedroom (1,050 – 1,350 sq ft)
To complement these residences, there will be an expansive carpark with 344 regular spaces plus 4 with handicap access. There will also be a washing bay.
Residential Amenities
A residential development isn’t quite complete without a selection of amenities. Definitely, Park Place Residences offers spots where homeowners can wind down, including three swimming pools, a yoga deck, a gym, and more.
Apart from these, you can also make use of the Plaza, which will be a covered lawn designed to foster a sense of community. IT will also be perfect for outdoor activities and events.
There will also be the Promenade – a refreshing outdoor space with a garden motif, which will encompass al fresco dining, cycling paths, hangout spots, children’s play areas, and many other recreational offerings. To make things even more enjoyable, The Promenade will be linked with the Paya Lebar Park Connector
Paya Lebar Quarter Mall
A posh shopping centre will offer convenience for Park Place residents as well as people who work in the surrounding areas. It will boast of two hundred shops – retail spaces and food-and-beverage outlets alike – a cinema, and an abundance of green spaces.
PLQ Business Centre
An area of almost a million square feet will be allotted for world-class office units. These highly modern offices will be providing flexible and practical professional spaces.
Excellent Connectivity
The site is just around ten to fifteen minutes by car from the CBD or Changi Airport. Vehicle drivers can enjoy island-wide access, thanks to the PIE, the ECP, and Nicoll Highway.
There will be easy access to public transportation, such as six bus stops within an easy walk, offering over 20 routes. The development will even include a direct connection to the Paya Lebar Interchange, which accesses the East-West and Circle Lines.
PLQ: The Place To Be
Paya Lebar Quarter is a promising part of town that is worth investing in. The URA has it cut out to be a vibrant garden city that connects the Central Business District with the eastern suburbs, as well as offers the best of urban living in the east. Intended to be a steadily progressive area, PLQ will witness even more improvements in the succeeding years.
Avail of the services of iCompareLoan mortgage broker to plan your future at Park Place Residences. Compare mortgage loan Singapore with their help, so you can invest in your dream home.
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