Realty Park Villas set to launch 2nd half of 2018

Posted by at 9 May, at 06 : 50 AM Print

Realty Park Villas set to launch 2nd half of 2018

Lorong 1 Realty Park GLS Bids

After coming in top bid at a rare Government land sales site zone for landed property, Fantasia Development set to launch the new development in the 2nd half of 2018. Realty Park Villas is an excellent place to put up a landed residential development. The plot has a land size spanning around 13,400 square meters which is acquired by the Fantasia Development Pte Ltd at a price of $525 per square foot or a total of $75.8 million.

Aside from Fantasia Development Pte Ltd, the site has scored 11 other bids from developers like GKG Capital, EL Developments, and Lots Property. Zoned for residential development, the site is foreseen to yield 50 landed houses. These units will be able to accommodate the line of various property-seekers who wishes to experience a fantastic residential haven.

Lorong 1 Realty Park was launched during the Government Land Sales (GLS) First Half of 2017. The tender opens on April 20, 2017, and since has attracted a good number of potential bidders. Developers like EL Developments and SingHaiyi Investments & Haiyi Wealth have seen a huge potential for this landed area. With a site area of 144,221 square feet, the developers see it to be an excellent location for a residential development.

With these bids, the predictive price range for the future development is estimated to be very competitive to attract buyers and investors.


About Fantasia Development

There are a lot of leading developers in the country that have developed an array of properties that became highly iconic. One of these developers is the Fantasia Development Pte Ltd, a China-based company that aims to build residences and commercial establishments that will be of remarkable purpose to the property-seekers.

This developer has earned distinctive awards for their dedication in providing the best real estate developments in and out of the country. The long list of developments they have in Singapore includes but not limited to residential, commercial and mixed-use developments. Properties such as GSH Plaza, Commonwealth Towers, and Duo Residences are among their amazing list of properties that they had developed.


About Lorong 1 Realty Park Location

Different establishments, residences, and commercial buildings can be found in the Hougang area of District 19. A proof that the area has been in great progressive as the years past by. Shopping malls and renowned schools surround the area and provide the residing community the much-deserved services that they are looking for.

Apart from the booming industry in the area, several properties have been launched into tender sale and are redeveloped into a marvellous property that has soon been able to be cherished by its residents. 

The area is also undoubtedly close to various offices as well as. Not only is the area proving to be a progressive one but, it also sets an excellent standard of high-quality living and makes it possible to live in an area that is abundant will conveniences for the satisfaction of the inhabitants.

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