Potong Pasir Town Located at Potong Pasir Avenue 1

A housing estate situated between the area of Toa Payoh and Sennett Estate. The estate from central. The vast history of Potong Pasir Avenue 1 located near the area tells us the sand quarries in the first three to four decades of 19th century. The Kallang River generated four ponds in town which were reduced to half of them due to heavy flooding in the vicinity. The ponds remained the good source of food for the population located until the area was polluted.

Potong Pasir Town Located at Potong Pasir Avenue 1

The town was known for its leafy vegetables and continuous flooding during the middle of 19th century as people had to go across the Woodsville Hill to take refuge but Potong Pair marked as the highest producer of vegetables in Singapore during 1950’s. The decades of the 1960s and 1970s were the time when the government realized the importance of this ward and started acquiring land for redevelopment which led to a Potong Pasir Estate’s startup.

Potong Pasir Near to St Andrew Educational Institution

The town is known as the St. Andrew’s family and the alumni from the school are proudly called as Saints. The Saints family has been through many controversies over a period of time. Although the town is small government and even the members of opposition realized its importance. The political interventions came in between the operation of Potong Pasir MRT station which was named as Sennet because of its political reasons. Potong Pasir Avenue 1 is located near to Potong Pasir MRT Station and is near to many enblocs recently near to the development.

MCC Land Developer for Real Estate in Potong Pasir

The political importance of the town is due to its real estate potential being forecasted in this decade. The MCC land, a developing company took a step and launched two mega projects with the name of The Poiz Residences and Poiz Centre. These two projects added value to the real estate of the town along with a residential society named as �The Venue’ also had importance because of its leasing offers to the clients and the location, which includes an easy approach to the famous school like Cedar Primary.

In the recent times, investors took interest in town and the MCC lands are planning to launch per unit at $1390 which is a massive increase an indicator of its future potential. Although the per unit cost is still claimed to be underpriced because of the value in the surroundings plus rapidly increasing interest of the investors. The 8 years from now MCC lands is looking forward to launching its secondary project of residences because of the increasing number of population and investor’s interest due to the amount of return. The nearby 8 Singaporean estates have been evaluated and Potong Pasir was at number one by the investors to invest in the Real Estate.

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published.