{"id":61540,"date":"2017-07-23T13:05:14","date_gmt":"2017-07-23T06:05:14","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hundred-palms-residences-sold-out-in-one-day\/"},"modified":"2017-07-23T13:12:16","modified_gmt":"2017-07-23T06:12:16","slug":"hundred-palms-residences-sold-out-in-one-day","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hundred-palms-residences-sold-out-in-one-day\/","title":{"rendered":"Hundred Palms Residences sold out in one day"},"content":{"rendered":"


\nThe launch of Hundred Palms Residences attracted hundreds of buyers. (Photo: ERA Realty Network)
\nProperty developer Hoi Hup Realty sold all 531 units (100 percent) at its Hundred Palms Residences executive condominium (EC) at Yio Chu Kang Road on launch day yesterday (22 July).
\nHundreds of buyers turned up at the project\u2019s showflat at the junction of Hougang Avenue 2 and Yio Chu Kang Road as early as 10am to pick their units. \u00a0
\nThe EC comprises 531 three- to five-bedroom apartments from 883 to 1,636 sq ft spread across nine towers. Prices ranged from $715,000 to $1.288 million.
\nNearby amenities include shops and eateries at Hougang 1, Nex and Serangoon Gardens, as well as educational institutions such as Rosyth School and Serangoon Junior College.
\nSEE ALSO: 3 new ECs to watch for in 2017
\n\u201cThis project has done exceptionally well due to its location in the mature estate of Hougang, its reasonable pricing, as well as the good design,\u201d said Jack Chua, CEO of marketing agent ERA.
\n\u201cECs enjoy good value, with all the common facilities similar to a condominium. Moreover, in five years\u2019 time, PRs are eligible to buy them and in 10 years\u2019 time, foreigners can purchase them as well,\u201d he noted.
\nThe 99-year leasehold project is expected to be completed in 2020.
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, wrote this story. To contact him about this or other stories, email\u00a0romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Hundred Palms Residences sold out in one day<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The launch of Hundred Palms Residences attracted hundreds of buyers. (Photo: ERA Realty Network) Property...<\/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-61540","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-g0A","jetpack-related-posts":[{"id":59054,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/e-applications-open-this-wednesday-for-hundred-palms-residences-ec\/","url_meta":{"origin":61540,"position":0},"title":"E-applications open this Wednesday for Hundred Palms Residences EC","date":"June 27, 2017","format":false,"excerpt":"\r Artist\u2019s impression of Hundred Palms Residences at Yio Chu Kang Road. The executive condominium (EC) market is set to stir back to life with the launch of Hundred Palms Residences at Yio Chu Kang Road. E-applications open this Wednesday and run until 10 July, while sales bookings start on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":83921,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rivercove-residences-ec-to-open-for-e-application-on-1-april\/","url_meta":{"origin":61540,"position":1},"title":"Rivercove Residences EC to open for e-application on 1 April","date":"March 28, 2018","format":false,"excerpt":"\r Artist\u2019s impression of Rivercove Residences, which offers views of Sungei Punggol. Rivercove Residences, the only new executive condominium (EC) launch in 2018, will open for e-application this Sunday (1 Apr), said developer Hoi Hup Sunway \u2013 a consortium comprising Hoi Hup Realty and Sunway Developments. Located along Anchorvale Lane\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":61956,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/serangoon-ville-sold-en-bloc-each-owner-to-get-about-2m\/","url_meta":{"origin":61540,"position":2},"title":"Serangoon Ville sold en bloc, each owner to get about $2m","date":"July 27, 2017","format":false,"excerpt":"\r The former HUDC estate was purchased for $499 million by a consortium led by Oxley Holdings. The former HUDC estate Serangoon Ville has been sold in a collective sale to an Oxley Holdings-led consortium for $499 million, following the close of the tender exercise on 25 July. Each owner\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":63788,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/surging-developer-sales-point-to-further-property-market-recovery\/","url_meta":{"origin":61540,"position":3},"title":"Surging developer sales point to further property market recovery","date":"August 16, 2017","format":false,"excerpt":"\r View of private homes in Singapore. Sales of new private homes in Singapore, including executive condominium (EC) units, almost doubled to 2,086 units in July from 1,064 units in the previous month, data released on Tuesday (15 August) by the Urban Redevelopment Authority showed. For the first seven months\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":58034,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-private-home-sales-down-34-in-may\/","url_meta":{"origin":61540,"position":4},"title":"New private home sales down 34% in May","date":"June 16, 2017","format":false,"excerpt":"\r Artist\u2019s impression of Parc Riviera at West Coast Vale. Property developers in Singapore sold 1,024 private homes in May, down 34 percent from 1,558 units in April, according to latest numbers from the Urban Redevelopment Authority. Unlike the previous month which saw two major projects hit the market \u2013\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":62300,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ec-sales-likely-to-remain-strong-in-q3\/","url_meta":{"origin":61540,"position":5},"title":"EC sales likely to remain strong in Q3","date":"July 31, 2017","format":false,"excerpt":"\r Artist\u2019s impression of Hundred Palms Residences, the latest EC project which was sold out within seven hours. Sales of executive condominiums (ECs) increased by 8.5 percent to 2,026 units in H1 2017 from 1,867 units during the same period a year ago, reported the Straits Times, citing data from\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\/61540"}],"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=61540"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/61540\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=61540"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=61540"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=61540"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}