Comparing Parkwood Collection and Belgravia Green

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We will be having two mid-size cluster housing developments launching soon. Rather a coincidence perhaps, considering that new cluster housing development launches of this size are not many. Anyway, the 2 are Parkwood Collection at Hougang, and Belgravia Green on the fringe of the Seletar Hills estate, but accessed from Belgravia Drive, off Ang Mo Kio Avenue 5. The Belgravia Green showflat could be opening for viewing appointments in late August or possibly early September 2018, while the Parkwood Collection showflat could open its doors in September. Both projects are relatively close to each other, being in the same corner of Singapore.

So how do these two compare? Both have their pros and cons. Some of the more obvious ones:

• Parkwood Collection is 99 year leasehold. Belgravia Green is freehold.
• Of the 2, Parkwood Collection is more conveniently located. It is less than 10 minutes walk from Hougang Town Centre and MRT station, with all the food outlets there and supermarket, and banks.
• Belgravia Green is neither within walking distance of a town centre nor MRT station. It can be argued of course, that most landed housing estates suffer from the same drawback.
• Belgravia Green is developed by the Tong Eng Group, who have been around for some time in Singapore. In fact, they developed the first phase, Belgravia Villas. Belgravia Green is the 2nd phase of the Belgravia Collection.
• Parkwood Collection is developed by Fantasia Investment (Singapore) Pte Ltd, a relatively newcomer to Singapore. But of course, they have a lot more experience back in China, with plenty of mega developments, and some that look really good too.
• The Belgravia Green floor plan layouts are really well designed. Nice big rooms, especially the bedrooms. Nothing is known about the floor plans for Parkwood Collection, as these have not been released yet.

So what it really comes down to is what appeals to you more, or is of more importance. Whether convenience is more important to you, or freehold tenure, or you prefer a quieter more secluded place.

Pictures of Belgravia Villas

These 2 are strata landed housing developments, so if you are looking for a condominium development instead in the east of Singapore, you might want to consider a freehold one called Nyon in the Katong / Marine Parade area. The Nyon condo showflat that is in direct competition with Amber45 that has already launched, and the Opus, and upcoming launch. The Nyon is by Aurum Land, another established local developer with a few projects under its belt like 1919 at Mount Sophia, and The Asana at Queens Road. Aurum Land is a wholly-owned subsidiary of Woh Hup Group.

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Latest update on Belgravia Green and Parkwood Collection: there has been a delay in their launches, so instead of end August / early September, it is looking more like the VIP Preview may start at end September / early October 2018.

Other than that, there is no information on their pricing, and the Parkwood Collection floor plans are still pending final approval from authorities. The Belgravia Green draft floor plans have been out for a while, and there have been no further changes to them at this point.

[CSH]

Belgravia Green has already launched, and sold half their units. Average pricing around $3M.

Parkwood Collection will be launching this month, on 23rd March. Indicative pricing for the 3 terraces start at $2.77M, while the majority, the semi-detached houses, will average around $3.7M for most of them.