Property ID : The Poiz Residences
99 Year Leasehold, For Sale $1,060,000 - Commercial (Retail), Condominium, Mixed Development, Penthouse, Restaurant
The Poiz Residences
The Poiz Residences is a new launch of mixed commercial and residential development that is brought to you by developer MCC Land. With 731 residential units of flats or apartments and 84 commercial units comprising of 77 retail shops and 7 restaurants, present in order to provide the ultimate convenience to the owners living in it.
Both internal and external layout of the property shows us how sophisticated and beautiful the property is. Each and every residential unit is equipped with top quality appliances, which will provide you with things you can enjoy in your own personal serene oasis.
Location: – The Poiz Residences
The site shaped in the form of ‘L’ was very popular and was in demand by 15 developers who contested for the site. MCC land got the site with the highest bid at $471.6 million.
It is a 99 year old leasehold site that is spread over 173,830 square feet of land. It has a plot ratio of 3.5 and a gross floor area of 608,408 square feet. The plot is translated to an area of $775.17 per sqft/ plot ratio. The Poiz Residences are supposed to have an average of $1400 psf with a break-even of $1200 psf, thus bringing the price of Poiz Residences to start from approx. $6XX, 000.
The Poiz Residences – Unit Types
The Poiz Residences has various unit types to be offered to potential buyers like suite units consisting of 1 bedroom with a study and two bedroom units, urban units including 1 bedroom and study, 2 bedrooms and study and 3 bedrooms and study and habitat units with 2 study, 3 bedroom or 4 bedrooms.
Poiz Residences – Location
The Poiz Residences in Potong Pasir is situated just next to Potong Pasir MRT station, which goes all the way to North-East MRT line. There are a number of major expressways such as the Central Expressway, Pan Island Expressway and Kallang-Paya Lebar Expressway (KPE), which will connect you to the rest of the Singapore.
Nearby Poiz Residences is a area full of Upside Potential as there a also coming up commercial and industrial new property launches like M2 MacPherson Mall as well as a few residential new projects like Trilive @ Kovan, Jade Residences, Floraville and Belgravia Villas.
Poiz Residences – Amenities
There are also a lot of educational institutes that are present around The Poiz Residences like Saint Andrews Secondary School, Saint Andrews Junior college, Bendemeer Primary School, Stamford America International School, Geylang Methodist Primary School, First Toa Payoh Primary School and there are still many more.
To fulfill those shopping urges and even to get the daily need items there are nearby places like The NEX Shopping Mall, City Square Mall, Potong Pasir Market and Boon Keng Market.
There are recent launches such as Botanique @ Bartley and Sims Urban Oasis which have received overwhelming response in the nearby area. Because of the development and transformation that this area will undergo it has become popular. The entire estate including the nearby developments has spread across 10 hectares of park. There is a park with pond and commercial hub thus more and more amenities, parks and traffic flow is bought in with all these. The Bidadari estate that is located nearby is undergoing major changes and developments that will lead to the up gradation of the area in the next few years.
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