The dream of owning a waterfront living home is no longer reserved
for the rich in Singapore. Now majority of home seekers in Singapore will have an option to buy into waterfront living without paying the huge price tag.
for the rich in Singapore. Now majority of home seekers in Singapore will have an option to buy into waterfront living without paying the huge price tag. PUNGGOL HDB Town estate featuring exclusive flats situated at the North East of Singapore will be transformed into Singapore's answer to HDB WATERFRONT LIVING OF THE 21st CENTURY, with a maginifcient waterfront promenade cutting across the HDB estate by 2010. Much of the activities at Punggol Waterfront Town will centre around a new waterway promenade that spans from Punggol Point to Sungei Serangoon.
Residents of Punngol can expect to indulge in exclusive unprecented recreational activities within HDB estates, like canoeing, brisk strolls along the scenic waterways, and even alfresco dining, plus a kaleidoscope of lesiure and entertainment outlets. Punggol, a town to be developed at the Northeastern coastal area, is planned for 21st century lifestyle. Planned with new ideas, Punggol will provide 80,000 new homes and a wide range of commercial, social and recreational facilities to cater to the rising aspirations of Singaporeans.
Punggol will be a model town for the 21st century with:- a good mix of high quality HDB and private housinga comprehensive MRT and LRT network for convenient travellinga wide range of leisure and recreational facilitiesa wide range of shopping facilities.
There will be a wide range of high quality housing for home buyers to choose from. The housing mix in Punggol will comprise 60% HDB and 40% private housing. Private housing will comprise 10% executive condominiums and 30% private apartments and landed properties. Flats built under the Design-and-Build and Design-plus schemes will be completed with quality finishes and distinctive design features.
They will have unique block configurations and integrated car park facilities. Each unit will have flooring provided in the bedrooms, coordinated coloured tiles and quality sanitary fixtures in the toilets. Schools, clubs, institutions and places of worship will be also located in a cluster, allowing the sharing of recreational facilities such as school fields, etc. These clusters will be the focal point of community life in the estate.
The housing estates will also be linked by pedestrian and cycling paths to shops, public transport, parks and the waterfront, thus allowing residents easy access to facilities within and outside of the town. Punggol will have an integrated MRT/LRT system. To ensure maximum convenience to the users, LRT stops will be strategically located, with most of the flats located within 300-metre walking distance from the nearest LRT stops. There will also be covered walkways connecting the housing blocks to the LRT stops, providing shelter for users. A wide range of recreational and leisure opportunities will be available in Punggol. There will be six to eight clubs to be run by Safra or NTUC along different themes, such as town clubs, country clubs, sports clubs, beach clubs, etc.
The residents will be able to enjoy a wide range of recreational facilities. A regional park of 50 hectares will be developed on Coney Island which is located just off the coast of Punggol. Clubs, chalets, camping grounds and a sea sport centre will be developed on the Coney Island, adding to the recreational facilities in Punggol. Through land reclamation, the channel between Punggol and Coney Island will be reshaped to create a unique waterfront environment. This new channel can be used for canoeing or dragon boat racing, etc. A 15-km coastal promenade and a waterfront park will also be developed along the river banks, which can be used for public functions and outdoor activities.There will be two major commercial centres - Punggol Town Centre and
Punggol East Centre - where supermarkets, air-conditioned wet markets, shops, restaurants, cafes, cinemas and other entertainment outlets will be housed. Two waterfront village centres will also be developed to add variety and cater to users of the waterfront recreational facilities. The residents can also shop for their daily needs at the convenience shops located at the LRT stops.
Punggol East Centre - where supermarkets, air-conditioned wet markets, shops, restaurants, cafes, cinemas and other entertainment outlets will be housed. Two waterfront village centres will also be developed to add variety and cater to users of the waterfront recreational facilities. The residents can also shop for their daily needs at the convenience shops located at the LRT stops.To give you a better idea of Punggol Central check out the following and notice the super close proximity of Punggol MRT Station [NE17] which is only about 10-15 mins walk away.
Prices are expected to rise for Punggol HDB flats as the completion date draws closer.The price of an Executive Apartment at the prime location of Punggol Central is about $465,000 in June/July 2008, and the price point is likely to sky-rocket to $550,000 - $600,00 in the near future. So if you are looking for a unique and great HDB home for residential and investment, this is the time to buy!
