Located at Yio Chu Kang Road, Hundred Palms Residences is an upcoming Executive Condominium (EC) project developed by Hoi Hup Realty. The project, which has an expected TOP date of February 2020, consists of 531 residential units across a total of 9 blocks.
Development & developer details
During the time of bidding, the 1.8 hectare site upon which Hundred Palms Residences stands on was highly contested, attracting a total of 10 bids. The winning bid of S$183.8 million was awarded to Hoi Hup Realty – this works out to S$331 per square foot per plot ratio, significantly higher than the average S$284 psf ppr that EC sites in Sengkang, Woodlands and Choa Chu Kang commanded in 2016.
Although Hundred Palms Residences is not located near an MRT station, it’s nevertheless nestled within an established HDB estate – Yio Chu Kang. Other than being close to amenities such as the Hougang 1 mall, it’s also located near highly reputable schools such as Rosyth School.
Breakdown of units
The average psf of Hundred Palms Residences is expected to start from $800 onwards.
|Unit Type||Floor Size (Sq Ft)||Expected Number of Units||Expected Launch Price|
|3BR + Yard||883 - 1152||203||$724,000 onwards|
|3BR + Utility + Yard||958 - 1227||178||$785,000 onwards|
|3BR + Study + Yard||969 - 1109||60||$794,000 onwards|
|4BR + Utility + Yard||1270 - 1432||60||$1,040,000 onwards|
|5BR + Utility + Yard||1528 - 1636||30||$1,250,000 onwards|
Stacks 1, 4, 33 and 36 are outward facing with the closest proximity to Yio Chu Kang Road – meaning the units in these stacks will face more traffic noise. However, it is also these 4 stacks which are in closest proximity to Rosyth School. Those who prefer not to be located near the bin centre should avoid stacks 33 and 36.
Regentville – $758 average psf.
Nouvelle Park – $885 average psf.
Fontaine Parry – $989 average psf.
Terrasse – $1,162 average psf.
The Waterline – $1,222 average psf.
A closer look within Hundred Palms Residences
Hundred Palms Residences comes with all the typical amenities that other ECs are equipped with – including a landscape pool, wellness pool, lounge, clubhouse, function room, BBQ pit, gymnasium, and more. In catering to bicycle owners, the EC also comes with a built-in bicycle washing bay.
Technologically savvy homeowners will appreciate the state of the art Smart Home System that Hundred Palms Residences has to offer. Using an app, homeowners will be able to access digital locks as well as their lighting and air-conditioning settings, amongst other things. Homeowners can also use the same app to pay their maintenance fees, book facilities, and hire cleaning services.
A wider look around Hundred Palms Residences
For those who drive, Hundred Palms Residences is well-connected to the rest of the island via major expressways such as the Kallang Paya-Lebar Expressway (KPE), as well as the Central Expressway (CTE). Those opting to take public transport are within a few bus stops of both Kovan and Hougang MRT, with free shuttle bus services being provided for the first 15 months following the project’s TOP.
As for dining and shopping, there are plenty of options located within reach as well. In particular, the Hougang 1 Mall is just three minutes away by foot; this houses supermarkets such as NTUC Xtra, as well as a wide variety of shops and F&B establishments. Venture slightly further to NEX mall (four minutes away by car) and you’ll be able to catch a movie, shop till you drop (with high-street labels such as H&M, Dorothy Perkins, and Uniqlo available), and eat to your heart’s content.
Because Hundred Palms Residences is in close proximity to several reputable schools, it’s a great option with homeowners with children. Rosyth School, Hougang Primary School & Secondary School, Xinmin Primary School & Secondary School, and Bowen Secondary School are all less than one kilometre away.