NorthPark Residences

29/05/2015

Northparkresidences

Enquiry on condo prices now:
http://condonewlaunches.sg

07/04/2015

NorthPark Residences, integrated development with NorthPoint City, average price $1350 PSF

www.condonewlaunches.sg

07/04/2015

NorthPark Residences Site Plan
NorthPark Residences Floor Plan

07/04/2015

NorthPark Residences ✩StarBuy Condo✩ NorthPark Residences an integrated development with Northpoint City. NorthPark Residences comes with total 920 units.

07/04/2015

NorthPark Residences, truly an Integrated Development

There are many mixed developments in Singapore but there are only less than 10 integrated developments in Singapore. The terms “integrated development” and “mixed development” tend to be used loosely and interchangeably. However, there is a difference between the two. Usually in a mixed development, there will have a commercial element added to the new residential launch. For instance, like a couple of shops or offices providing convenience of retail outlets for your shopping or laundry needs.
Such developments are like Junction 9, MidTown, Kallang Riverside, The Citron, FloraView & FloraVista, Onze @ Tanjang Pagar, Kensington Square, Millage, and M2 Macpherson Mall (shops cm hotel).

However, for integrated development, the word ‘integrated’ implies a complete integration of amenities, retail space, transportation, dining, lifestyle components which may mean concierge services or a cinema and so on. Example, for NorthPark Residences, there will be more than 500 shops including a community club in the development. That is a huge difference simply because the true value of an integrated development will certainly command a better premium in terms of rental returns or capital appreciation in the long term. Research by Chesterton Singapore, a property consultant firm, mentioned that integrated development would generally be sold 10%~20% higher than those condos among the neighbourhood. The rental yield would likely be as high as 3.75%.

http://www.condonewlaunches.sg/northpark-residences-integrated-vs-mixed-developments/

NorthPark Residences is an integrated development. NorthPark Residences, 920 units above NorthPoint City. NorthPark Residences, higher capital appreciation