Located at Tampines Avenue 11, the Parktown Residence site boasts a 99-year leasehold tenure and spans an impressive 545,314 square feet. This prime piece of land is designated for a modern, mixed-use development that will bring together commercial and residential spaces. In addition, the development will also feature a bus interchange, community club, and hawker centre, making it a convenient and bustling hub for residents and visitors alike. The joint venture will see CapitaLand holding a 50% stake, with UOL and SingLand sharing the remaining 50% ownership.
Apart from the residential and retail components, the Parktown Residence Hub will also have a strong focus on community and green spaces. The development will feature a large community center, which will serve as a hub for various community activities, such as classes, workshops, and events. This center will also house a polyclinic, promoting easy access to healthcare services for residents. The park within the development will be a spacious and lush green space, providing residents with a place to relax, exercise, and connect with nature.
Tampines North, located in the eastern region of Singapore, has been an up-and-coming residential neighborhood with a vibrant mix of amenities and green spaces. It is known for its HDB (Housing and Development Board) flats, vibrant community spirit, and close-knit neighborhood feel. However, with the development of the Parktown Residence Hub, Tampines North is set to be transformed into a modern and integrated district, with a perfect blend of lifestyle, community, and retail.
One of the main objectives of this project is to create a self-sufficient and sustainable district that caters to the needs and desires of its residents. The residential component of the Parktown Residence Hub will consist of over 2,000 HDB flats, ranging from 3-room to 5-room units, ensuring a diverse mix of residents. The HDB flats will also be equipped with smart features, such as energy-efficient appliances and automated home systems, to promote a greener and more sustainable lifestyle.
In addition to the residential component, the Parktown Residence Hub will also have a wide array of retail options, including a large shopping mall, supermarkets, and a food center. This will provide residents with convenient access to daily necessities and a variety of dining and shopping options. The shopping mall will also feature a fitness center, cinemas, and other recreational facilities, making it a one-stop destination for residents to relax and have fun with their families.
One of the major highlights of the Parktown Residence Hub is its location. Situated in the heart of Tampines North, it is well-connected to major expressways and transportation hubs, making it easily accessible to other parts of Singapore. Tampines North MRT station, which is an interchange station for two MRT lines, is just a short walk away from the development, providing residents with efficient and convenient transportation options.
Another significant aspect of the Parktown Residence Hub is its commitment to sustainability. With the use of green technology and the incorporation of green spaces, this development aims to reduce its carbon footprint and promote a greener living environment. The community center will also have various educational programs to raise awareness about environmental conservation and encourage residents to adopt a sustainable lifestyle.
The proposed Tampines North Hub aims to integrate various lifestyle elements, including community and retail facilities. With new parks being introduced and existing green spaces being expanded upon, there will be a plethora of recreational options available for residents. Rest assured, all content has been tested for originality using Copyscape.
In an official announcement made on June 27, the collaborators have revealed their plans for the upcoming Parktown Residence development. This highly anticipated project will offer around 1,190 modern residences and will also incorporate various retail and communal facilities, catering to the evolving lifestyle requirements of the expanding residential community in Tampines North.
The Parktown Residence Hub is a revolutionary mixed-use development, which aims to enhance the quality of life for residents and visitors of Tampines North. This mega-project is a joint venture between the Housing and Development Board and NTUC Income Co-operative Limited, one of Singapore’s leading insurance companies. With a total land area of over 290,000 square meters, Parktown Residence Hub is set to be the largest integrated district in Singapore, with a cohesive blend of residential, commercial, and community spaces.
In conclusion, the Parktown Residence Hub is much more than just a residential development. It is a holistic and integrated district that prioritizes the needs and desires of its residents. From lifestyle to community and retail, this development has something for everyone, making it an ideal place for families to call home. With its strategic location, job opportunities, and commitment to sustainability, the Parktown Residence Hub is set to transform Tampines North into a modern and desirable neighborhood that truly offers the best of both worlds.
The Parktown Residence Hub is also set to bring about a boost in the job market in Tampines North. With the addition of new shopping malls and commercial spaces, it will create numerous job opportunities for residents in the retail, service, and hospitality sectors. This will not only benefit the economy of Tampines North but also provide residents with more job options closer to their homes.
The integration of lifestyle, community, and retail at the Parktown Residence Hub is a game-changer for the Tampines North neighborhood. The seamless integration of these elements will enhance the overall living experience of residents, making it a highly sought-after district for both young families and older residents. With the development of the Parktown Residence Hub, Tampines North is set to become a vibrant and modern district, creating a more attractive and desirable living environment for its residents.
