Park Place Residences

Last Updated: Tuesday, March 31st 2020
Important info: Target Launch To Be Early 2017 

07/02/2017:  3 exclusive residential towers with 429 apartments | Grade A office with 10,000 executives in future | Retail mall with about 200 shops & cinema

02/12/2016: Check out what Mr Richard Paine, Lendlease’s managing director for Paya Lebar Quarter, has set the vision for Park Place Residences?

15/11/2016: Visit the reputable developers Lendlease & Abu Dhabi Investment Authority (ADIA)

11/11/2016: Estimated TOP to be 2018. Project Details updated

03/11/2016: Study how Paya Lebar will transform under the URA Masterplan

02/11/2016: Price will be published as soon as it is announced. Register your interest here.

01/11/2016: Pending Approval for Sale

17/10/2016: Lendlease unveils plans for Paya Lebar Quarter mixed development

14/05/2015: Paya Lebar set to be the next major commercial Centre

01/04/2015: Lend lease tender won 

Sitting currently today about the One Pearl Bank Condo website is a classic building that includes of 288 units 9 8 commercial components and 280 flats existing for 99 decades. Each proprietor of commercial components between 65 sqm into 523 sqm is predicted to be awarded involving S$1.2 million and S$46.9 million.

Based on Colliers, the buy price marched the operator’s reserve price. An extra top-up of S$201.4 million has been made to prolong the rental 99 decades. The purchase price reflects a property cost of approximately S$1,515psf GFA.

Once specific requirements are attained, the website is defined to be redeveloped to a high-rise residential development which includes around 800 components which have social amenities.

If you’re searching for the next place to create your house advantage is a fantastic aspect to take into account. Well, potential residents of One Pearl Bank flats will love the advantage that prevails in this section of Singapore. With almost everything in this condominium place situated right beside your house, you must live a more comfortable lifestyle. Amenities and facilities are in abundance in order to don’t need to pay long distances to bring supplies.

Contrary to the older District 3, this region has become transformed to a lively enclave packed with different improvements that suites living. You may get various food alternatives, boutiques, shopping malls and much more around the area. To give you a peek of what this area offers, below are a few of the things which you could anticipate enjoying throughout your stay One Pearl Bank homes.

Project Name
Park Place Residences at PLQ
Developed By
2, 6, 8 Paya Lebar Road
99 years leasehold
No. Of Units
429 units
Expected TOP Date
31 December 2020

Lendlease, a global developer develops Park Place Residences with a powerful history in urban regeneration projects all over the world.

Lendlease’s vision of creating the finest places – places that match the private, nuanced and diverse needs of the people that reside and work there – is reached by curating an indelible link between individuals and places.

Park Place Residences is situated at the junction between Sims Avenue and Paya Lebar Road:

  • The site consists of two lots that are adjoining
  • development worth is at an estimated SGD$3.2 billion
  • Site region 4 hectares
  • Building commenced in January 2016
  • Compeletion anticipated 2018
  • 3 residential towers consisting of 429 Units
  • Prime retail destination with a retail combination geared towards mid-to-mid plus retail and entertainment choices
  • While Tower 3 has 13 floors Towers 1 and 2 will have 14 floors each.
    6 floors plus a flooring with theatre and other entertainment offers

Park Place Residences – Location & Connectivity

  • Direct access to the Paya Lebar MRT interchange which links the Circle Line and the East West Line, providing direct access to over 60 MRT stations.
  • Immediate accessibility to 6 bus stops around the project with over 20 bus routes.
  • Linked to the East Coast Parkway, the Pan Island Expressway and the Nicoll Highway.
  • Walking distance to Katong, and abundant ethnic communities of Joo Chiat.

Park Place Residences will be located in Singapore at Paya Lebar Road and Sims Avenue. This new development will cost over $3 billion when finished. The construction was scheduled to begin in January 2016 and be finished sometime in 2018. The double lot will have three sections for resident housing. The towers will consist of 429 units of living space. The second and first section will have 14 floors of space. The third section will have only 13 floors available. There will be plenty of designated entertaining areas to accommodate the other unique qualities of the development.

Park Place Residences Condo Paya Lebar Quarter

The Paya Lebar MRT interchange is readily available to access the shopping stores. A bus is available for transportation needs with over 20 different bus drop off locations. In 2017, Singapore Post Centre will be open for business. Residents at Park Place will be able to shop online or in person. If online ordering is needed; individuals at Park Place Residences can have their merchandise delivered to their door. The One KM Mall, City Plaza, and Tanjong Katong Complex are close by for a fun and enjoyable shopping experience. The Tanjong Katong Complex is one of the oldest, historic malls in Singapore. Along with the numerous shopping facilities located in the mall; it is equipped with a grocery store for convenience.

Park Place Residences Condominium

The City Plaza is located on the shore of the east side of Singapore. It is near hotels and restaurants for customers to enjoy. There are numerous unique, and vintage shops that have items that cannot be found in other stores. People enjoy browsing at the different types of merchandise that they may have never experienced before. The schools in the area are close to Park Place Residences. There are Geylang Methodist Primary School, Geylang Methodist Secondary School, and Tanjong Katong Girl’s School. These educational facilities are highly awarded and have excellent academics. The children will enjoy their learning experience at these wonderful schools in Singapore.