Forest Woods receives strong interest at preview

September 30, 2016

Located in Serangoon Central, Forest Woods’ 519 units include five-bedroom penthouses. (Source: CDL)

Forest Woods, a condominium project in Serangoon Central, has been receiving robust interest since its preview commenced on 24 September.

Developed by a joint venture (JV) between City Developments Limited (CDL), Hong Leong Holdings and TID, the 519-unit project comprises seven 12-storey blocks of one-bedroom with study to four-bedroom apartments, as well as single-storey five-bedroom penthouses.

Unit sizes range from 506 sq ft for a one-bedroom with study to 2,185 sq ft for the largest penthouse unit. Prices start from S$688,000 for a one-bedroom with study unit, and go up to S$1.65 million for a four-bedroom unit.

Set to be completed in 2021, the development is located near Serangoon MRT station (on both the North-East and Circle lines), the Serangoon bus interchange, and Nex Shopping Mall.

Nearby schools include Paya Lebar Methodist Girls’ School (Primary), Yangzheng Primary School, CHIJ Our Lady of Good Counsel, Cedar Primary School and Maris Stella High School.

Forest Woods features over 60 facilities, including a Welcome Lobby with a Wi-Fi Lounge, 75-metre pool, and a three-level clubhouse with a 24-hour indoor gym, gourmet hall and function hall.

“For a few years, no project of this size was launched in the much sought-after Serangoon Central area,” said CDL Group General Manager Chia Ngiang Hong. “We have received strong interest for this highly anticipated launch as Forest Woods comes across as a compelling purchase for new home buyers, upgraders and investors.”

Given its pricing and facilities, Chian expects the project, which is expected to be launched next week, to witness a good take-up when sales commence.

 

Cheryl Marie Tay, Senior Journalist at PropertyGuru, edited this story. To contact her about this or other stories, email cheryl@propertyguru.com.sg

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