{"id":46819,"date":"2017-03-06T11:13:26","date_gmt":"2017-03-06T04:13:26","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/lendlease-to-launch-park-place-residences-in-end-march\/"},"modified":"2017-03-06T11:19:27","modified_gmt":"2017-03-06T04:19:27","slug":"lendlease-to-launch-park-place-residences-in-end-march","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lendlease-to-launch-park-place-residences-in-end-march\/","title":{"rendered":"Lendlease to launch Park Place Residences in end March"},"content":{"rendered":"


\nArtist\u2019s impression of Park Place Residences at Paya Lebar Quarter. Source: Lendlease
\nLendlease is set to launch Park Place Residences at Paya Lebar Quarter (PLQ) on 31 March, marking its maiden foray into residential development in Singapore.
\n\u201cWe are excited to be entering Singapore\u2019s residential property market with Park Place Residences at PLQ,\u201d said PLQ\u2019s Managing Director Richard Paine, adding that they have tapped the expertise of the Australian developer to create a condominium with a live-work-play concept.
\nThe 429-unit project along Paya Lebar Road comprises three towers standing on a 98,520 sq ft site with a leasehold tenure of 99 years commencing from 29 June 2015. It offers a mix of one- to three-bedroom apartments, of which there are 117 one-bedroom units ranging from 480 sq ft to 580 sq ft, with prices starting from around $780,000.
\nThere will also be three variations of two-bedroom apartments measuring from 650 sq to 900 sq ft, while the two variations of three-bedders range from 1,080 sq ft to 1,350 sq ft.
\nLocated near the Paya Lebar MRT Interchange, the condominium will be linked to retail and office buildings via covered walkways, meaning over 700 shops in the retail mall are within a short walk.
\nAside from the development\u2019s various facilities, which includes three pools, another key feature is its extensive greenery. In fact, it has received the Green Mark Platinum Award from the Building and Construction Authority.
\nFurthermore, the condominium is exempt from the Additional Buyer\u2019s Stamp Duty rules that require developers to sell all units in a development within a five-year period, as it is part of a mixed-use development located within a commercial zone.
\nPark Place Residences at PLQ is scheduled to be completed by the second half of 2020.
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Lendlease to launch Park Place Residences in end March<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Artist\u2019s impression of Park Place Residences at Paya Lebar Quarter. Source: Lendlease Lendlease is set...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-46819","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-cb9","jetpack-related-posts":[{"id":111876,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/paya-lebar-quarter-by-landlease-officially-launched\/","url_meta":{"origin":46819,"position":0},"title":"Paya Lebar Quarter by Landlease officially launched","date":"October 25, 2019","format":false,"excerpt":"\r Minister for National Development and Second Minister for Finance, Lawrence Wong said that the mixed development is a \u201ctremendous opportunity to reimagine and remake Paya Lebar for the future, even for the next century\u201d. Image source: Park Place Residences The mixed-use development Paya Lebar Quarter (PLQ) by Lendlease has\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":77928,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/park-place-residences-bags-3-interior-design-awards\/","url_meta":{"origin":46819,"position":1},"title":"Park Place Residences bags 3 interior design awards","date":"January 25, 2018","format":false,"excerpt":"\r Park Place Residences at Paya Lebar Quarter (PLQ) has received three interior design awards for its stylish residential show suites, announced its developer Lendlease on Wednesday (24 January). In particular, the two-bedroom show suite obtained the prestigious International Interior Design Association (IIDA) Global Excellence Award 2017. It also clinched\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":30309,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lendlease-unveils-plans-for-3-2-billion-paya-lebar-quarter\/","url_meta":{"origin":46819,"position":2},"title":"Lendlease unveils plans for $3.2 billion Paya Lebar Quarter","date":"October 17, 2016","format":false,"excerpt":"\r The 3.9ha Paya Lebar Quarter site will comprise Grade-A offices, a shopping mall and residential apartments. Source: Lendlease Australian property developer Lendlease has unveiled plans for its $3.2 billion Paya Lebar Quarter urban regeneration project, which is expected to transform the area around Paya Lebar Central into a regional\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":84846,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/149-units-at-park-place-residences-sold-at-average-2000-psf\/","url_meta":{"origin":46819,"position":3},"title":"149 units at Park Place Residences sold at average $2,000 psf","date":"April 9, 2018","format":false,"excerpt":"\r A large crowd of buyers at the Phase 2 sales launch of Park Place Residences at PLQ. (Photo: Lendlease) Two residential projects launched over the weekend (7-8 Apr) drew an overwhelming response from buyers, further boosting property market sentiment. Lendlease\u2019s Phase 2 sales launch of Park Place Residences at\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":82468,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/phase-2-of-park-place-residences-to-launch-at-higher-prices\/","url_meta":{"origin":46819,"position":4},"title":"Phase 2 of Park Place Residences to launch at higher prices","date":"March 12, 2018","format":false,"excerpt":"\r Artist\u2019s impression of Paya Lebar Quarter. Source: Lendlease Lendlease is set to launch Phase 2 of the 429-unit Park Place Residences at mixed-use Paya Lebar Quarter on 7 April amid a property market upturn.\u00a0 At a media briefing on Monday (12 Mar), the Australian-based developer revealed that the final\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":83729,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/315-units-at-the-tapestry-sold-strong-turnout-at-park-place-residences-preview\/","url_meta":{"origin":46819,"position":5},"title":"315 units at The Tapestry sold, strong turnout at Park Place Residences preview","date":"March 26, 2018","format":false,"excerpt":"\r Launch crowd at The Tapestry showflat. (Photo: CDL) Two private condominium showflats opened their doors to property seekers over the weekend, attracting keen interest amid the improved market sentiment. The Tapestry by City Developments Limited (CDL) commenced sales on Saturday (24 Mar), while Phase 2 of Lendlease\u2019s Park Place\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/46819"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=46819"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/46819\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=46819"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=46819"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=46819"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}