park place residence

Park Place Residences

This residential site is situated right in the heart of Paya Lebar and connected directly to the Paya Lebar MRT station. Being part of a massive mixed development, Paya Lebar Quarters, which comprises of a retail mall, three office tower and three residential blocks, Park place residences can expect greater convenience with all retails, supermarkets, banks and entertainment right within at your doorstep. The philosophy of “Live, work, play” is no longer just a dream now. The residential units are expected to begin launch in first half of 2017, with 2 towers of 14 floors and 1 tower of 13 floors, comprising of 429 units.

Paya Lebar Quarter

Developed by Lendlease, an Australian international developer with a strong track record in urban regeneration projects worldwide, and Abu Dhabi Investment Authority (ADIA).  Paya Lebar Quarter sits on a massive 3.9 hectares site next to the Paya Lebar MRT interchange, this 99 years leasehold development will be built on 2 land parcels plus an underground and airspace that connect this 2 land parcels.  There is a total of seven buildings, 3 Grade An office towers featuring area close to 1 million sqft area, a 340k sqft retail area where featuring NTUC finest and KOPITIAM food court as anchor tenants, a floor with cinema and other entertainment offers and finally boasting 3 towers of 429 residential units- Park Place Residences

Park Place Residence Location

Situated at the junction between Paya Lebar Road and Sim Ave. Park Place residences can enjoy excellent convenience with direct access to the Paya Lebar MRT interchange. The Interchange links the Circle Line and the East West Line, it now takes less than 20mins traveling down to city, raffles and to Changi airport.  There is close connectivity to 6 bus stops around the development with over 20 bus routes. Near to major roads and expressways and well linked to the East Coast Parkway, the Pan Island Expressway, and the Nicoll Highway, heading to the city, CBD central takes less than 15mins drive away.

Residents will be spoilt for choices with the abundance shopping, entertainment, dining options like City Plaza, i12 Katong, one KM, Paya Lebar square, kallang leisure park, sports hub retail mall and more. Adding on with rich Malay and Peranakan cultural history this district has to offer, there is just so much this district can offer. Residences can get to enjoy all these outdoors with convenience right at the door step to boost.

Residents can have a peace of mind knowing there’s various of prestigious schools and institutions nearby like Kong Hwa School, Geylang Methodist School(primary), Tanjong Katong Secondary, Chung Cheng High, Majusri Secondary, Maha Bodhi School, Dunman High School, Cedar Girls Secondary school.

Lendlease

The consortium comprising Lendlease, owning 30 percent of the joint venture, with the rest own by its investment partner Abu Dhabi Investment Authority, won the tender for the 99-yr leasehold site Paya Lebar central with a total bid of$1.67billion. Lendlease has unveiled plans for the $3.2billion Paya Lebar Quarter urban regeneration mixed use development. It is expected to be completed in phases with the retail and commercial ready by mid-2018 and the residential areas by mid-2019. Lendlease said the development will see Paya Lebar transform into a “vibrant pedestrian friendly city precinct. With more than 100,000 sqft of the development being set aside as public spaces, cycling path and lush greenery.

 

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