Hundred Palms EC: A Rare Gem at YCK/ near Hougang
The forthcoming Hundred Palms Residences will offer investors and residential buyers a rare opportunity in the town of Hougang: an executive condominium development. It has been some time since Hougang has seen the development of an executive condo, and the prospect already has generated some media attention and investor intereost. The Hundred Palms Residences address will be on Yio Chu Kang Road on the parcel of land between Houang Avenue 9 and Lorong Napiri. To get early deals before prices start climbing or before units are snatched up for resale, interested parties should stay current and check back often with us for information about Hundred Palms Residences balance units and prices.
Executive condominiums are public-private housing developments that offer the same luxury amenities as private condos, but they have the distinct advantage of being more affordable and a smart choice for investors with a lower buy-in and higher long-term returns. An executive condo (EC) provides the same luxury amenities and facilities as a private one, including a swimming pool, clubhouse, gym, tennis court, security guard, etc.
According to the developer, the Hundred Palms Residences EC will consist of nine blocks that are 15 storeys and that house approximately 560 units. Of those units, some 70% will be three-bedroom units, then 15% will be four-bedroom units, and the rest will likely split up as two- and five-bedroom units.
Plans are in the works for a basement carpark, a landscape pool, club house, gym, function room, lounge, and BBQ alfresco dining.
Considering past projects by the Hundred Palms Residences developer, there is also the possibility that green spaces, such as a meditation garden or nature walks, will also be integrated throughout the condo grounds.