PSF: $1,174 est.
Hoi Hup Realty
28 Feb 2020
Hoi Hup Realty Pte. Ltd. has vast experience in commercial, hotel and residential developments in Singapore since its inception in 1983. Hoi Hup counts developments like Royal Square Novena, Sophia Hills and Water Residences as part of their extensive port folio.
Hundred Palms Residences by Hoi Hup Realty is a new executive condominium (EC) launching within the busy Yio Chu Kang of district 19, sometime in June 2017. As the first EC to be built in this area, Hundred Palms is also the first EC to take root in the middle of a developed district as opposed to the outskirts. While this may inadvertently influence prices, it also puts future residents in an area surrounded by amenities that are within walking distance. This makes Hundred Palms Residences unique by existing EC standards. Hundred Palms Residences is along Hougang St 92 and Hougang Ave 9 which leads into Yio Chu Kang Road. This is particularly noteworthy because directly across from Hougang Ave 9 is Hougang 1 mall. With its refurbished look, it is the lifeline of residents in this area. Many restaurants and fast-food chains like MacDonald’s are available here, alongside NTUC Xtra and Kopitiam. Hundred Palms actual site is next to the special needs AWWA School and Bright Vision Hospital. Bowen Secondary School along Lorong Napiri is about a five-minute walk away. Other schools within the 1 to 2KM radius of the EC include Rosyth School, St Vincent de Paul Kindergarten, Xinmin Primary and Xinmin Secondary schools. Other schools are also in the vicinity such as Hougang Primary and Secondary (located along Hougang St 91 & 93), Yio Chu Kang Primary and Montfort Secondary. For an EC to be surrounded by existing amenities is a huge boon for buyers looking to upgrade from their HDB or even first-time home buyers who may exceed HDB’s income ceiling but aren’t quite there yet for condos. Hundred Palms Residences is expected to be an attractive draw.