{"id":14136,"date":"2018-03-13T10:32:27","date_gmt":"2018-03-13T02:32:27","guid":{"rendered":"https:\/\/www.99.co\/blog\/singapore\/?p=14136"},"modified":"2022-07-01T04:50:02","modified_gmt":"2022-06-30T20:50:02","slug":"park-place-residences-phase-2","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/park-place-residences-phase-2\/","title":{"rendered":"Get ready for Park Place Residences Phase 2"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div><p>Launching on 7 April 2018, the remaining 50% of units in Park Place Residences will be up for sale. \u00a0The public can check out developer Lendlease\u2019s show flat from 24 March 2018 onward. A short walk from Paya Lebar MRT, the suite showcases 1, 2 and 3-bedroom layouts.<\/p>\n<p>As the first integrated development outside the CBD, Paya Lebar Quarter\u2019s Phase One units were snapped up in a day last March, making it one of the most successful condominium launches in Singapore over the last few years.<\/p>\n<p>Out of these buyers in Phase 1, Lendlease revealed that 95% were Singaporeans and Permanent Residents. Out of this group, 60% were under the age of 45.<\/p>\n<h3><strong>What\u2019s new in phase 2 of Park Place Residences<br \/>\n<\/strong><\/h3>\n<p>Expect 1-bedroom units to start from $900,000, 2-bedroom from $1.15 million and 3-bedroom from $1.80 million. Mr Tony Lombardo, Lendlease CEO in Asia added that the stock of 1-bedroom units in phase 2 are primarily on the upper floors, while 2 and 3-bedroom units are in the premium range.<\/p>\n<figure id=\"attachment_14137\" aria-describedby=\"caption-attachment-14137\" style=\"width: 720px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"wp-image-14137 size-full\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2018\/03\/20180312_115621_resized.jpg\" alt=\"Park Place Residences PLQ Showflat\" width=\"720\" height=\"540\" srcset=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2018\/03\/20180312_115621_resized.jpg 720w, https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2018\/03\/20180312_115621_resized-380x284.jpg 380w\" sizes=\"(max-width: 720px) 100vw, 720px\" \/><figcaption id=\"caption-attachment-14137\" class=\"wp-caption-text\">Inside Park Place Residences show suite (Credits: Amanda Tan)<\/figcaption><\/figure>\n<p>Additionally, Lendlease announced that they are collaborating with a smart living vendor to equip every home\u2014including those sold in phase 1\u2014with smart technology. Residents can expect to book facilities and pay maintenance fees online, and control parts of their smart home remotely.<\/p>\n<h3><strong>What more can we expect of Paya Lebar Quarters<br \/>\n<\/strong><\/h3>\n<p>Prices in phase 2 are anticipated to move 5% upwards. Mr Lombardo still believes that despite this, Park Place Residences offers homes that are value for money compared to other developments in the market.<\/p>\n<p>\u201cWe\u2019re hoping we can emulate on the first launch. We do know there\u2019s pent up demand because we haven\u2019t opened this show suite to the public since first launch,\u201d Mr Lombardo elaborated.<\/p>\n<p>With the retail and commercial quantum now over 50% pre-committed, Lendlease is expecting this market to pick up as well. Anchor tenants NTUC Fairprice Finest, Kopitiam and Shaw Theatres (with 12 screens) will be moving into the new PLQ Mall.<\/p>\n<p><em>Find out more about <a href=\"https:\/\/www.99.co\/singapore\/condos-apartments\/park-place-residences\">Park Place Residences<\/a> at <a href=\"https:\/\/www.99.co\/?utm_source=blog%20main%20site%20conversion\">99.co<\/a>!<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Launching on 7 April 2018, the remaining 50% of units in Park Place Residences will be up for sale. \u00a0The public can check out developer Lendlease\u2019s show flat from 24 March 2018 onward. A short walk from Paya Lebar MRT, the suite showcases 1, 2 and 3-bedroom layouts. As the first integrated development outside the&hellip;<\/p>\n","protected":false},"author":55,"featured_media":55058,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","_lmt_disableupdate":"","_lmt_disable":"","_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[53601,53602,57131],"tags":[53932,54687],"persona":[],"class_list":{"2":"type-post","12":"entry","13":"has-post-thumbnail"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.7.1 (Yoast SEO v25.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Get ready for Park Place Residences Phase 2 - 99.co<\/title>\n<meta name=\"description\" content=\"Find out more about Park Place Residences Phase 2, launching soon on 7 April 2018! 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The remaining 50% of units in Park Place Residences will be up for sale.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.99.co\/singapore\/insider\/park-place-residences-phase-2\/\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/99dotco\/\" \/>\n<meta property=\"article:published_time\" content=\"2018-03-13T02:32:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-06-30T20:50:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/07\/20180312_115621_resized.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"540\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Amanda Tan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@99dotco\" \/>\n<meta name=\"twitter:site\" content=\"@99dotco\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Amanda Tan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/park-place-residences-phase-2\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/park-place-residences-phase-2\/\"},\"author\":{\"name\":\"Amanda Tan\",\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/#\/schema\/person\/aad576d75efecb7ea35f8b1d2bc3a951\"},\"headline\":\"Get ready for Park Place Residences Phase 2\",\"datePublished\":\"2018-03-13T02:32:27+00:00\",\"dateModified\":\"2022-06-30T20:50:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/park-place-residences-phase-2\/\"},\"wordCount\":346,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/park-place-residences-phase-2\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/07\/20180312_115621_resized.jpg\",\"keywords\":[\"new launch\",\"Park Place Residences\"],\"articleSection\":[\"Condo\",\"Condo Stories &amp; Insights\",\"Property News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.99.co\/singapore\/insider\/park-place-residences-phase-2\/#respond\"]}],\"copyrightYear\":\"2018\",\"copyrightHolder\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/park-place-residences-phase-2\/\",\"url\":\"https:\/\/www.99.co\/singapore\/insider\/park-place-residences-phase-2\/\",\"name\":\"Get ready for Park Place Residences Phase 2 - 99.co\",\"isPartOf\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/park-place-residences-phase-2\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/park-place-residences-phase-2\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/07\/20180312_115621_resized.jpg\",\"datePublished\":\"2018-03-13T02:32:27+00:00\",\"dateModified\":\"2022-06-30T20:50:02+00:00\",\"description\":\"Find out more about Park Place Residences Phase 2, launching soon on 7 April 2018! 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