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payalebar
28-10-16, 14:03
Paya Lebar Quarter offers 3 grade A office towers with close to 1 million square feet of best-in-class office space and amenities, a standalone mid-to-mid plus retail mall with over 340,000 square feet of shopping, dining and entertainment options and 3 residential towers comprising 429 apartments, positioned within a generous and lush public space.
Paya Lebar Quarter is developed by Lendlease, an international developer with a strong track record in urban regeneration projects around the world.

Lendlease’s vision of creating the best places – places that meet the varied, nuanced and personal needs of the people who live and work there – is achieved by curating an indelible connection between people and places.

* Paya Lebar Quarter is situated at the junction between Paya Lebar Road and Sims Avenue

* The site comprises two adjacent parcels  

* End development value is at an estimated SGD$3.2 billion

* Site area 4 hectares

* Gross floor area circa 1.8 million square feet

* Construction commenced in January 2016

* Completion expected 2018

* Total of 7 buildings across the 99-year leasehold site

* 3 residential towers comprising 429 apartments

* Prime retail destination with a retail mix geared towards mid-to-mid plus retail and entertainment options

* 3 grade A office towers with circa 900,000 square feet (NLA) of best-in-class office space complemented by high quality retail and public amenities to maximise workplace efficiency and productivity

* Towers 1 and 2 will have 14 floors each while Tower 3 has 13 floors.

* Over 340,000 square feet (NLA) of retail experiential parkside dining

* 6 floors plus a floor with cinema and other entertainment offers  


 LOCATION & CONNECTIVITY
* 10 minutes to the Central Business District and 15 minutes to Changi Airport by car

* Direct access to the Paya Lebar MRT interchange which connects the East West Line and the Circle Line, providing direct access to over 60 MRT stations

* Immediate access to 6 bus stops around the project with over 20 bus routes

* Connected to the Pan Island Expressway, the East Coast Parkway and the Nicoll Highway

* Walking distance to rich cultural communities of Joo Chiat, and Katong   


http://tinyurl.com/STnews-PLQ

indomie
28-10-16, 15:25
Cushman & Wakefield research director Christine Li estimates that the average selling price could be "above $1,400 psf, with small units touching $1,500 psf", while International Property Advisor chief executive Ku Swee Yong puts it at around $1,500 to $1,700 psf.

1.7K.....wow blew my mind.

payalebar
10-11-16, 10:45
$1.5k would be deemed a bargain buy especially for the smaller units since the new project launch at Aljunied commanded $1.7k for the smaller units already (",) @Tre Residences

Wimsey
10-11-16, 14:20
This new Paya Lebar Quarter (http://www.theparkplaceresidence.com) development by the Aussie company Lendlease, has been a lot in the news lately. Just 3 days ago there was another article in the Straits Times, talking about the thinking and philosophy that went into the planning and design of it.

Lendlease's vision is of a "vibrant, sustainable community deeply connected to the area's history and cultural roots", since it is at the junction of 3 historically rich areas, Katong, Geylang and Joo Chiat.

But must say this project does look good for those buying to rent - the condo Park Place Residences (http://www.theparkplaceresidence.com) can tap the rental pool from the 3 office blocks in the development. And it has its own big shopping centre, and direct sheltered linkage to Paya Lebar MRT interchange station. But whether it will make a good investment, will depend on the pricing. Right now the developer has not mentioned anything on that yet.

Tomutomi
11-11-16, 00:14
$1.5k would be deemed a bargain buy especially for the smaller units since the new project launch at Aljunied commanded $1.7k for the smaller units already (",) @Tre Residences

Maybe should be comparable to poiz residences at potong pasir mrt.

Tre residences hardly seen anyone buying. Too close to mrt track and hdb.