Parkwood Collection is a new landed housing development located right in the heart of Hougang landed housing district. It is within walking distance to Hougang Bus Interchange as well as Hougang MRT Station. The top bidder for the plot of land came from a consortium of Fantasia Investment (Singapore), Sun Renwang and Yang Xinping who have submitted a top bid of $75.8 million for the plot of land. Based on the plot ratio as well as the land size of the development, an estimated 50 units of prime residential landed properties can be build at Lorong 1 Realty Park with up to 3 storeys for each landed property. Parkwood Collection remains a choice plot of land for developers due to its boutique size. Homeowners who are looking for a brand new landed housing near to an MRT Station will find the location of Parkwood Collection to be highly sought after.