|Project Name||Hundred Palms Residences EC
|Address||Yio Chu Kang Road|
|Developer||Hoi Hup Realty|
|Gross Floor Area||51,584 sqm|
|No of Blocks||To Be Advised|
|No of Storeys||To Be Advised|
|No of Units||560 Units|
|TOP||To Be Advised|
Hundred Palms Residences EC Hoi Hup Realty
Hundred Palms Residences EC is a 99-years leasehold Yio Chu Kang EC development located in Yio Chu Kang. It is one of the highly sought after condos as it is the first EC to be released in the area. Most of the ECs are located in the suburban areas but Hundred Palms Residences EC is one of the first few ECs to be located in District 19 by Hoi Hup.
As noted by official sources, most of the units in the development will be 3 Bedroom units. Up to 70% of the units are available are the 3 bedroom units as it has a more affordable quantum and might not be too taxing for first time buyers looking for their dream home. Hoi Hup Realty also note that there are also selected group of buyers with extended family looking for bigger units. Therefore, there will choice 4 and 5 bedroom units available for sale as well.
Hundred Palms EC Yio Chu Kang EC
The new EC by Hoi Hup Realty is in a strategic location as it is near to many shopping centres such as Greenwich V, Hougang 1 Shopping Mall and Hougang Mall. Convenience is therefore at your doorstep to spend some quality time with your family and friends. While the site is not close to any MRT Station, it is located in the mature estate of Yio Chu Kang and Hougang and plenty of amenities are available including the Hougang Sports Centre.
Based on the number of bids received for the plot of land in Yio Chu Kang Road as well as the price submitted to secure the land, analyst note that Hoi Hup Realty might be launching Hundred Palms at around $800psf.