April 25, 2014 in Commonwealth Towers
Commonwealth Towers was recently launched in Singapore earlier this month. The launching managed to attract a huge crowd showing strong demand for residential projects. Since the country attracts a huge number of investors and businesses from around the world, the property market here is always in demand.
Developed by City Developments Limited and Hong Leong Holdings, Commonwealth Towers will bring about much needed development in the Queenstown area of Singapore. That will drive up the property market price in that area.
Queenstown is one of the oldest housing settlement on the island and named after Britain’s Queen Elizabeth II to mark her coronation in 1952. Even the newly married royals, Prince William and his wife Catherine Middleton paid a visit to that area when they visited Singapore in conjunction with the Queen’s Diamond Jubilee in the year 2012.
While many regard Queenstown area as a place with one of the most elderly population, the new 845 residential units of Commonwealth Towers twin blocks will bring in a fresh influx of young people and families who are keen to call that place home.
Not only will this do the area much good, it will also mean that the surrounding area will slowly undergo a development transformation as the old buildings will either be refurbished or demolished to make way for more new residential or commercial property to be built.
New residential projects such as these will come with full condominium facilities which residents can enjoy without the need to own an expensive club membership. The usual swimming pools, tennis courts, gym and clubhouse-like facilities are popular among the younger generation.
The Queenstown MRT station will be connected with Commonwealth Towers making it easy and convenient for residents to walk to the MRT station. Many Singaporeans use the MRT to travel to popular stops such as Orchard and the Central Business District for work and entertainment.
The recently opened Ion Orchard is a huge place for young and old to frequent and is easily accessible via the Orchard MRT.
Commonwealth Towers will have a combination of 1, 2, 3 and 4 bedroom units along with penthouses to cater to the needs of property buyers who range from single young adults to couples and also those with young families.
With launching of the project being such a huge hit, there may only be limited units left as many would have snapped up whatever available units that they could get hold of during the launch.
To find out more about Commonwealth Towers, please click here http://www.commonwealthtowersqueenstown.com/ to get the rundown on this popular residential project.