The Parkwood Collection is usually a low-rise landed cluster house improvement that may start available in early 2019. It is actually positioned during the Hougang region, from the north-east region of Singapore. It occupies an excellent sized, formerly vacant parcel of land during the Realty Park estate, a really outdated and founded housing estate. Unlike most landed estates, the Parkwood Assortment is just not buried deep within, but enjoys effortless access to facilities.
That’s in actual fact the most crucial attraction from the Parkwood Collection, that it’s so conveniently found. It truly is in just ten minutes stroll to Hougang MRT station and town Middle. This means that besides ease of use of a principal transportation node, you may get all of your purchasing desires attended to below likewise. There are actually banks and outlets, a public library, cafes and rapidly meals stores, a food court and numerous foods kiosks, and in some cases two supermarkets.
The event itself will variety fifty three semi-detached properties, sharing communal services and gardens. In that feeling the Parkwood Collection presents the top of both of those worlds. You will get to take pleasure in the house and privateness of landed houses, which has a condominium life style which include a swimming pool and gym. Possessing the enjoyable of facilities, with out the trouble of protecting it oneself that landed home-owners are subjected to. It really is all looked after in your case, even the repainting of your external partitions.
The most important downside of your Parkwood Collection having said that, is usually that it sits with a 99 year leasehold bit of land. But on closer inspection, it’d not be this type of important drawback just after all. That’s mainly because, like a cluster housing advancement, the Parkwood Collection land is communally owned. As the challenge ages, the positioning could be bought to the developer given that 80% from the owners vote to concur.
Many of us have heard of condominiums, and possess a fairly very clear picture of the way it seems to be.
Having said that, we nonetheless check with ourselves sometimes, why is it termed a condominium?. In the condominium (normally referred to as a condominium), some parts of it, like your home – are owned privately, when many others – popular regions – are owned collectively by the entire building’s residents.