Sengkang Grand Residences

Iggyhomes Overview

Sengkang Grand Residences is Singapore’s 9th mixed development and is poised to become the centre of activity in the Sengkang/Punggol district. As a transportation hub, it is served by an MRT station and a bus interchange. The MRT station is on the North East Line that takes passengers to the future Punggol Digital District as well as directly to Orchard Road and the CBD while the bus interchange connects passengers to other parts of the district and beyond. Furthermore, a 3-storey mall comprising a community club, childcare centre, supermarket and hawker centre will be located within the development to provide ultimate convenience for working professionals and families alike.

This sprawling condo is served by 7 themed clubs that offer residents a wide range of activities from exercise to relaxation and fun. Whether you are looking for a peaceful a quiet home to to return to at the end a busy day or one where your children can play under your watchful eye, Sengkang Grand Residences has something for you.

In addition, all apartments are designed to provide optimal space usage. Some units from 2 bedroom onward have enclosed kitchens, perfect for Asian households. The plot on which Sengkang Grand sits was purchased through a government land sale as part of the Singapore’s Master Plan for this district. The developer is a joint-venture by CapitaLand and City Developments, which means your home will be built with quality and your investment will appreciate over time.

Why Sengkang Grand Residences?

In my opinion, there are a few compelling reasons why Sengkang Grand makes a very sound property investment:

1. It is a truly integrated development that connects 2 modes of public transport, a community club, supermarket, hawker centre and various retail outlets to provide residents with true convenience.
2. It is located in a district that will undergo massive transformation, thereby providing superior rental and resale value. Investors are not restricted to 2-bedroom apartments and above because even 1-bedroom apartments targeting single tenants who work in IT will find tenants easily.
3. The fact that a highly successful mall operator such as Capitamall is running Sengkang Grand Mall means the retail and F&B section will be vibrant, thereby making Sengkang Grand Residences attractive to resale buyers and rental tenants.
4. Currently no more land parcels for Government Land Sale near or at MRT stations, making Sengkang Grand rare and highly valuable.

Punggol Digital District

Punggol Digital District is designed by WOHA Architects to create a world-class infrastructure and a seamless ecosystem to attract companies and institutions in the digital era. It is a place where innovators, learners and the community can thrive. It’s a destination for jobs, business and lifestyle opportunities.

Beside being a car-lite district, smart innovations are used at Punggol Digital District to reduce carbon emission and make buildings 30% more energy-efficient.

Food waste and wastewater are recycled along with rainwater and put to good use. Perhaps most impressively, a smart energy grid manages power consumption of the whole estate in real time, so everyone can optimize usage while minimizing wastage.
 

Integrated Development

Currently, only 8 out of all existing MRT stations have integrated developments with residential, commercial and transportation hubs. Sengkang Grand Residences will be the 9th in Singapore.

Sengkang Grand Residences sits atop a fully integrated lifestyle and transportation hub. With a Commercial Gross Floor Area of 160,070 sqft, residents have direct access to a Community Club, Buangkok MRT and Bus Interchange. The development also houses a 3-storey mall containing retail shops, childcare centres, food centre, commercial schools and a supermarket.

On top of this, the North-East Line on which Buangkok Station sits, connects residents Northward to the upcoming Punggol Digital District but also Southward to Harbourfront, or the future Southern Waterfront District.
 

About The Developer

Siena Property Development Pte Ltd is a joint-venture between CapitaLand and City Developments Ltd, set up specifically to construct Sengkang Grand Residences and run Sengkang Grand Mall.

City Developments Ltd is a global real estate company that spans 103 locations in 29 countries. It is income stable and has many years of experience building homes over its 55 year history.

CapitaLand is one of Asia’s largest diversified real estate groups with a managed global portfolio worth S$131.9 billion. It operates very successful malls across the world and will certainly replicate this success with Sengkang Grand Mall.

Why We Like Sengkang Grand Residences

In the Singapore government’s master plan, access to public transport is a major planning consideration as we move towards a car-lite future. Sengkang Residences was a concept that was borne from such a master plan. It is a condominium that sits on top of an integrated transport hub of MRT and bus interchange. It will house a community club and mega-childcare centre, hawker centre and of course, supermarket and retail shops. The project is a joint effort by Capitaland and CDL. This will almost ensure that the condominium is well built and the commercial space, well tenanted. Which in turn means absolute joy for the residents. The MRT line connects directly to the future Punggol Digital District, that will house a university and many IT companies. On the other end of the MRT line is the Greater Southern Waterfront, which is another significant master plan development for the future. Prices at Sengkang Grand Residences are a little higher than nearby new condominiums but its location is fantastic and the upside and the rentability are very high. It’s a smart investment.