Hundred Palms residences, the latest tender Executive Condo (EC) project, is located in District 19 in the well-serviced Yio Chu Kang area and is close to the Hougang and Kovan MRT stations. It is widely anticipated that the EC will be much sought after due to it being the only EC to be launched after such a long time in the Yio Chu Kang and Hougang areas.

Hundred Palms Residences Rosyth School

Given that most EC plots are located in non-mature areas, the fact that the Hundred Palms project is located in Yio Chu Kang makes it a rare and valuable asset. Hoi Hup Realty, the project developer, successfully bid $183.8 million for the project land area of 51,584 sqm. Analysts estimate that the selling price after development should be in the $800 psf range.

The Hundred Palms EC will feature a host of modern amenities such as a 50m …