In a land-scarce Singapore, integrated developments of this scale are rare. One such development is Park Place Residences, a city-fringe integrated development fronting the Paya Lebar MRT interchange. It offers a true live-work-play lifestyle, and all units released in Phase 1 were sold out within one week of launch. Hence, it is likely that the Park Place Residences development will continue to draw buyers.
Park Place Residences
Integrated Developments in Singapore are increasingly popular. The demand for them is high and buyers are willing to pay more for them. According to OrangeTee & Tie, the available supply of ID projects is just under 9,000 units, which is barely 3% of the total non-landed residential stock in Singapore. Typically, ID projects feature 400 to 600 units of residential space, but there are exceptions, like Orchard Residences, which have 175 units, or Marina One, which has 1,042 units.
Farrer Park and Piccadilly …