PARC ESTA SINGAPORE

Parc Esta condo is a 99 years leasehold development which is located in district 14 of Singapore, specifically, Eunos area, and the best thing is, Eunos MRT is directly opposite the development, which makes it very convenient for the future residents to be.

Parc Esta Singapore is sited on the former Eunosville HUDC, which was privatised in July 2011. This is a rare piece of land which is so strategically located and big in size, uncommon to be found in the city fringe area.

Parc Esta Eunos land was sold to MCL Land via a collective sale price of $765 million, and another $194 million was topped up to the sale price to intensify the use of the land and also to replenish the lease of the land back to 99 years. The land size of this plot is 376,713 sqft and the plot ratio is 2.8, thereby making the total purchase price to be $909 psf per plot ratio. This site can be rebuilt into a 1,399 unit development with each unit averaging a size of about 70 sqm or 753 sqft. From how Riverfront Residences and Affinity At Serangoon are designed, it is highly likely that Parc Esta may come with strata landed units as well, due to the sheer size of the land.

Get Parc Esta Latest Update as at 04 Dec 2018. Call 6100 0056 For Immediate Response Or Fill Up The Form To Book Your VVIP Showflat Appointment.

Analyst from CBRE expects the Parc Esta Price to be about $1700 psf to $1750 psf averagely when it starts selling in second half of 2018.

Parc Esta presents a very good window of opportunity for both investors and buyers who are looking to buy it as their home stay. This project is so well located, being just directly opposite Eunos MRT and being just one stop away from Paya Lebar, which is a Sub Regional Centre in the making. The government has been trying to decentralise the central business district to suburban area, so as to bring jobs closer to homes and also to make the city less congested, hence, coming up with Regional Centres around Singapore. The Regional Centres in Singapore are located in Tampines, Jurong East, Woodlands, and Seletar, and Sub Regional Centres are located in Serangoon and Paya Lebar. As it is, Paya Lebar is already well connected area, with MRT station connected via the East West Line and Circle Line, and this area is home to various commercial buildings which houses SMEs and MNCs. In the next few years, we can see the completion of Park Place, a huge mixed development by Lendlease, which is going to consist of 2 office buildings, a shopping mall and blocks of residential apartments. Park Place completion period still has a few years to go, but several big MNCs and government agencies have already committed to rent the office space, taking up several floors each. The residential units of Park Place Residences are selling at an average of $2000 psf, and that is the reason why Parc Esta will be a very attractive investment, as they are only 1 stop away from Paya Lebar, and yet, potentially much cheaper. People whom don’t enjoy the hustle and bustle of a CBD like area will also appreciate that they are far away from the crowd.

The Parc Esta Floor Plan will mostly likely consist of 1 to 5 bedroom unit and strata landed houses to cater to families of various demographic and we can be sure that layout will be efficient and landscaping will be beautifully done.

Parc Esta Factsheet

Affinity @ Serangoon Factsheet
Project NameParc Esta
Address824 Sims Avenue
DeveloperDeveloped By MCL Land, A Subsidiary Of Hongkong Land
Tenure99 years leasehold from July 2018
District14
Total Number Of BlocksTBC
Stie Area376,713 sq ft
Description Of BuildingTBC
TOPTBC
No Of CarparkTBC
FacilitiesClubhouse, Pavilion, Gym, Aqua Gym, 50m lap pool, Wading pool, Family Pool, Sanctuary pool, BBQ , Dinning pavilion, Pool deck.
Tennis court, Fitness corner, Bicycle parking, Retail shop,

Parc Esta Units & Size Distribution

Affinity @ Serangoon Unit & Size Distribution
Number Of BedroomNumber Of UnitsSize
1 BedroomTBC474 sqft – 560 sqft
1 Bedroom + StudyTBC538 sqft – 689 sqft
2 Bedroom CompactTBC635 sqft
2 Bedroom Compact + StudyTBC624 sqft
2 Bedroom PremiumTBC753 sqft – 775 sqft
2 Bedroom Premium + StudyTBC732 sqft – 775 sqft
3 Bedroom CompactTBC850 sqft – 1,012 sqft
3 Bedroom DeluxeTBC1,152 sqf – 1,259 sqft
3 Bedroom PremiumTBC1,076 sqft – 1,249 sqft
4 Bedroom + StudyTBC1,410 sqft – 1,711 sqft
4 Bedroom PenthouseTBC1,582 sqft – 1,722 sqft
4 Bedroom + Study PenthouseTBC1,550 sqft
Strata Landed – 4 BedroomTBC2,067 sqft -2,088 sqft
Strata Landed – 5 BedroomTBC2,303 sqft -2,357 sqft

Parc Esta Location Map

Parc Esta Condo Location

Parc Esta Condo Location

Schools

  • Rosyth Primary School
  • Zhonghua Primary School
  • Nanyang Junior College
  • St. Andrew Junior School
  • The Australian International School
  • Lycee Fracais Singapore

Lifestyle Amenities

  • NEX Shopping Centre
  • Hougang 1 Mall
  • Heartland Mall
  • Seletar Mall
  • Chomp Chomp Food Centre
  • Hougang Sport Centre

Access/Transportion

  • Central Expressway (CTE)
  • Tampines Expressway (TPE)
  • Kallang Paya Lebar Expressway (KPE)
  • Serangoon MRT
  • Kovan MRT
  • Lorong Chuan MRT

Get Parc Esta Latest Update as at 04 Dec 2018. Call 6100 0056 For Immediate Response Or Fill Up The Form To Book Your VVIP Showflat Appointment

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