Park Colonial Project Details
Park Colonial New Launch
Park Colonial is a new leasehold residential development by CEL Unique Development, a joint-venture of Chip Eng Seng Corp and Unique Real Estate.
CEL is 60% owned by Chip Eng Seng Corp and 40% by Unique Real Estate, a joint venture of Heetons Holdings and KSH Holding.
Park Colonial Facilities
50m Lap Pool
Contact us for the full brochure for Park Colonial project details.
Leasehold vs Freehold Developments
Between a freehold and leasehold project, there’s sure to have pros and cons of holding each tenure type of land. A new freehold properties at a good price is definitely a plus point for long term investment.
Park Colonial, a leasehold property, is located at the city fringe and priced at an attractive level. It is minutes away from the town area, CDB and Orchard. In general, prices of freehold developments are 20 to 30% higher than 99 years leasehold development. Leasehold properties may depreciate over the long period of time as financing for future purchaser of leasehold properties may become fewer as the years go by. This is be more obvious when the property left with less then 40 years of lease. Register with us before visiting the Park Colonial showflat to avoid disappointment.
Register with us by simply filling up the contact form below to receive first hand insight information on Park Colonial condominium & enjoy the Early Bird Developer Discount today!