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Park Residences @ KovanDeveloper : Kovan Central Pte Ltd (Pollux Properties Ltd)

FREEHOLD Boutique Development Expected TOP 2013

Land Size 12,043sqft

Swimming Pool, BBQ pit, Exercise Area

Total 41 units = 36 of 1bdr + 4 penthouses+ 1 ground house

The Development is located in a fastgrowing residential district 19 and willappeal to mid net-worth Singaporeans aswell as overseas investors

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Location Map

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Unique Selling Points

FREEHOLD

Location Centrally located in District 19.

Affordable low quantum from $5xxk only.

Convenience 5 mins walk to Kovan MRT with easy accessibility to

Harbourfront, NEX Mega Mall, Kovan Heartland Mall and Kovan City. Schools within 1km Paya Lebar Methodist Girls, XingHua Pri

Schools within 2km Rosyth School, Serangoon JC, Zhang Hua

Primary, Pei Cai Secondary, Holy Innocents Primary, Maris Stella High

and CHIJ Our Lady of Good Counsel.

Superior build quality with squarish layout that has got no bay

windows and further enhanced flooring with natural marble slabs and

cosy timber finishing.

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The value of the location is further enhanced with the recently

announced plans by the URA to rejuvenate the area at Paya

Lebar as suburban commercial hub with 500,000sm of

commercial floor space consisting of 294,000sm of office

space and 200,000sm of hotels and retail space.

With the upcoming development will definitely lead to the

increase in demand of property prices in sales & rental in the

near future.

Excellent Investment Potential in terms of capital gains and

rental returns. (5.5% to 6% rental yield)

A Boutique Style Development offering luxurious space,

distinctive styling and modern comforts.

Unique Selling Points

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Bedroom Rental est. Est. with Discounted

Price

Rental yield

1 bdr 335sqft

1bdr 365sqft

S$2700

S$2900

S$510,000 S$534,000

S$529,000 S$ 581,000

6.0% - 6.3%

PH 1bdr 588sqft

PH 2bdr 930sqft

Ground Hse 1bdr

675sqft

S$3400

S$5400

S$3600

S$773,000- S$784,000

S$1,300,000

S$855,000

5.2%

5.0%

5.1%

Project Rental Yield

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Project Name Price PSF Est. Rental Rental Yield

Kovan Residences

(99 LH) 2bdr

S$1.150,000 S$1250S$1350 S$4200.00 4%

I Suites@ Palm

(999 LH)

1bdr (463sqft)

S$633,000 S$1367.00 $S2800.00 5%

Terrasse @

Serangoon

(99 LH) 1bdr

S$581,900 S$1150 S$1250 S$2500.00-

S$2700.00

5%- 5.5%

21 Richard

Freehold

1bdr (409sqft)

31 units

S$634,000 S$1490 S$1590 S$2500.00 4.7%

Comparable Projects

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Type and Size

Type A Ground House (1bdr): 675sqft, 1 unit

Type B (1 bdr) : 365sqft, 28units

Type C (1 bdr) : 335sqft, 8 units

Type D1 Penthouse(2bdr): 930sqft, 2units

Type D2 Penthouse(1bdr): 588sqft, 2 units

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