Are you considering purchasing a property in Pasir Ris 8? Many who are Unfamiliar with that area frequently have the perception that it is a deserted and isolated part of Singapore with inadequate transportation network to the rest of the island. They have been so wrong. Pongola is not just becoming more and more developed; it is also quickly becoming the next hottest place to keep an eye out for.
Together with the government’s Pongola 21+ master plan set up for Pongola, many more have set their eyes on Pongola and its enormous unrealized potential. Citizen or Permanent Resident Siblings Scheme enables 2 or more singles siblings to obtain a HDB resale flat in the open market, and Conversion Scheme enables the present flat owner to purchase two units of 3 rooms or smaller apartment or purchase an adjoining 3 rooms or small flat with family nucleus.
Among the biggest and most successful launch is a mixed development Composed of a shopping centre, residential units and transportation networks directly in the centre of Pongola known as Watertown. This enormous development boasts of its own unique and one of a kind waterfront theme right by the Pongola waterway. Pasir Ris 8 is going to be the upcoming popular place amongst the families and teens with its enormous collection of shopping, dining and entertainment choices. Frantic buyers have purchased this growth at prices around 1300 psf.
Additionally, the launching of Pongola Water, also known as the Venice of Pongola, boasts a 4.2km long waterway that supplies an assortment of relaxing and recreational activities for Pongola residents. You can just step out of your home and have a relaxing stroll along the newly constructed Pongola Promenade, look and enjoy nature across the Luring Hiatus, go fishing from the Pongola Jetty, fly kites at designated kite-flying areas, kayak or canoe across the waterway, cycle around the nature trails, take horse riding lessons in a nearby horse riding school, play gold in the Pongola Driving Range, play baseball in the Sinking Hockey Stadium or have a picnic from the newly renovated Pongola Beach. The endless and innumerable choices of recreational activities await you in Pongola.
Another forthcoming development nearby Selector Aerospace Hub will surely create 10,000 jobs for highly abilities employees. It is currently building today and will be ready around the same time as River Isles is prepared. With the enormous influx in demand, it is going to boost demand in Pongola area for leasing and on sale units. Having done your homework to understand about the HDB resale principles and Regulation, even you are qualified to purchase a resale flat under one of the HDB Qualification Techniques, your final program are still exposed to the ratio limitation of your cultural group and Singapore Permanent Resident quota.