Beautiful Residences To Benefit From New MRT Stations
Hong Kong-listed Logan Residential or commercial property is readied to sneak peek The Florence Residences on Saturday (16 Feb). Situated in the Kovan location in Area 19, the brand-new condominium is simply a brief walk from the existing Hougang MRT terminal on the North East Line. This station will certainly likewise end up being an interchange station along the highly-anticipated Cross Island Line (CRL).
Upon its conclusion by 2029, the CRL will attach crucial locations in eastern and western Singapore, like the Jurong Lake Area, Punggol Digital Area and also Changi.
The 29km-long Phase I of the rail task is anticipated to satisfy greater than 100,000 households as well as will cut traveling time by as much as 70 minutes. The very first phase will make up 12 MRT terminals from Bright Hill in main Singapore to Changi’s Aeronautics Park.
“The practical place also puts a host of readily offered services at the fingertips of residents, combined with useful MRT stations and significant expressways just minutes away,” stated CB Chng, executive supervisor at Logan Building Singapore.
The Florence Residences, which is also near to the existing Kovan MRT terminal, includes an overall of 1,410 apartment units spread out across nine 18-storey blocks depending on a 389,239 sq ft site. Purchasers can pick from one- to five-bedroom apartment or condos from 474 sq ft to 1,679 sq ft. Regarding 43 percent of the devices are two-bedders spanning in between 624 sq ft and 753 sq ft.
The 99-year leasehold task is being improved the previous Florence Rule website, a 336-unit privatised HUDC estate acquired by Logan Residential property in 2017 using collective sale for $629 million, which translates to a land price of $842 psf per story ratio.
Expected to be finished by 2023, The Florence Residences is the designer’s 2nd project in Singapore. Logan Home is likewise collectively establishing the 1,259-unit Stirling Residences in Queenstown with Nanshan Team.