PARC ESTA CONDOMINIUM
|CITY FRINGE LIVING AT PARC ESTA CONDO · BESIDE PAYA LEBAR REGIONAL HUB|
|DIRECTLY OPPOSITE EUNOS MRT STATION · 2 – 3 MINUTES WALK|
|LARGE LAND AREA · WIDE RANGE OF FACILITIES|
|BY ESTABLISHED DEVELOPER MCL LAND|
Here we present the Parc Esta condo, a new residential development opposite and less than 120m to Eunos MRT station, with wide frontages along both Sims Avenue and Changi Road. This is a city fringe location, about 10 minutes drive to the CBD (Central Business District) and Marina Bay Financial District.
It is also on the edge of the Paya Lebar Regional Centre, part of URA’s masterplan to transform the area into one of Singapore’s business hubs, and an up and coming lifestyle neighbourhood.
The rejuvenation has already started with Paya Lebar Square at Paya Lebar MRT station, one train stop from Parc Esta condo. Paya Lebar Quarter beside it will complete shortly, and shows every promise of becoming the newest hip and cool happening place, mixing city style living with an east side ambience.
This ambience comes partly from the culturally rich heritage of the surrounding Katong and Joo Chiat areas, and partly from its bustling street food scene. This place is a culinary treasure trove, from traditional foods, to hawker fare, and now upmarket joints and cafes at Paya Lebar Square and Quarter.
The surrounding area has always been popular with both home-owners and investors, given its proximity to town and conveniences. The other recent launches in the area are sold out, except for a few units left at Park Place Residences.
The new Parc Esta condo launch is well-timed to meet the pent up demand that has arisen since then. MCL Land will open this project for sale in the 2nd half of 2018.
PARC ESTA SINGAPORE · FACTSHEET
|Developer||MCL Land Limited|
|Status||Condominium (No restrictions on foreign ownership)|
|Address||822 – 840 Sims Avenue, Singapore 400822 – 400840|
|Site Area||34,997.8 m² (376,716 sq ft)|
|Floor Area||97,993 m² (1,054,805 sq ft)|
|Tenure||99 years leasehold|
|No. of Units||1,399|
PARC ESTA FLOOR PLANS
The Parc Esta floor plans are not available yet. Kindly drop us a note via the Contact Form if you would like the Parc Esta condo floor plans to be emailed to you once ready.
PARC ESTA SITE PLAN
The Parc Esta Singapore site is a 376,716 sq ft rectangular parcel of land, located in a slightly tilted north-south direction. Its long frontages face Changi Road on the south, and Sims Avenue on the north directly opposite to Eunos MRT station.
So the Parc Esta site basically straddles between Eunos / Paya Lebar to its north, and the Joo Chiat / Katong area to the south. Given its large land area, there will be a very wide range of facilities provided for this condominium.
PARC ESTA SHOWFLAT · VIEWING
The Parc Esta showflat is not ready for viewing yet. Please drop a note via the Contact Form if you wish to be kept posted when the Parc Esta condo showflat opening date is finalised.
PARC ESTA PRICES · UNIT TYPES
UNIT TYPES . SIZES
|Unit Description||Type||No. of Units||Strata Area
|Total Number of Units||1399|
Floor areas stated includes any Voids, Patios, Balconies, Terraces, A/C Ledges.
PARC ESTA CONDO PRICE RANGES
The Parc Esta price ranges have not been decided yet. Kindly let us know via the Contact Form below if you would like to be kept posted on indicative pricing.
Detailed Parc Esta condo prices will be announced only at the Preview / balloting sales day. But the land and development costs will give an idea of the price range.
Land and Development Costs . Background
The Parc Esta site was originally Eunosville.
Hongkong Land’s fully-owned MCL Land unit clinched this site through a collective sale, at a price of S$765.78 million.
This works out to a land rate of SGD$909 per square foot per plot ratio (PSF PPR) inclusive of a differential premium of S$194 million payable to the state. The differential premium was to top up the site’s lease back to 99 years, and to enhance its intensity to the 2.8 plot ratio.
Based on construction, overheads, and financing costs of about $550 PSF, the break even cost for the Parc Esta condo will be around SGD$1,450 PSF.
The tender for the site drew a total of 8 bids. The bids were competitive, an indication of its strong location opposite Eunos MRT station, and close to the city centre and Paya Lebar Central.
PARC ESTA SINGAPORE · DEVELOPER
In investing in a property, it is important to invest with confidence and peace of mind. This comes from knowing that what you are buying is not only in a superior location and is well-designed, but also one that is a quality product.
Parc Esta Singapore gives you that assurance and security. It is from a reputable developer with a strong track record, MCL Land Limited (“MCL Land”).
MCL Land is one of the most trusted property groups, with a solid reputation for building quality homes in Singapore and Malaysia, over the last 50 years.
Amongst its many developments are completed ones like Hallmark Residences, Lakeville, Este Villa, Palms@Sixth Avenue, Parvis @ Holland Village, Peak @ Balmeg, J Gateway, The Fernhill, The Grange, Uber388, and the recent launch of Margaret Ville.
MCL Land is a subsidiary of Hongkong Land Holdings (a member of the Jardine Matheson Group).
Hongkong Land is a listed property management, investment, and development group established in 1889 on an ethos of integrity and excellence. It owns and operates more than 800,000 square metres of luxury retail property and prime office space in Singapore and Hong Kong.
The Group’s Hong Kong Central portfolio includes 450,000 square metres of high end property. In addition, it oversees 165,000 square metres of prime office space in Singapore, and a number of mixed-use and residential properties under development in cities across Southeast Asia and China.
PARC ESTA CONDO LOCATION · FEATURES
Location. The Parc Esta location in the Paya Lebar / Eunos / Joo Chiat enclave, is at the city fringe, 10 minutes drive off-peak from the Raffles Place CBD, Marina Bay Financial District, and Orchard Road shopping belt.
Shops, Banks, F&B, Supermarkets. It is next to Paya Lebar Regional Centre, that promises to be one of the most exciting growth areas around. Paya Lebar Square was the start; Paya Lebar Quarter continues the rejuvenation. The surrounding area will be transformed, making this one of the most interesting and fun places to be around.
Paya Lebar Square and Paya Lebar Quarter together make a sizeable mixed development, and will have everything for the residents of Parc Esta: 3 Grade A office towers to work in or draw tenants from, a huge retail complex with shops, banks, supermarkets, lifestyle outlets, F&B outlets & entertainment options.
MRT Station. On top of that, the Parc Esta location opposite Eunos MR station, around 100 metres or 2 to 3 minutes walk from it, makes it really convenient to get around. Especially since it is just one train stop to Paya Lebar Quarter with its big mall, and 7 stops from Raffles Place on a direct line. 5 stops from Changi International Airport in the other direction on the same line.
Accessibility. The Parc Esta condo location is less than 1km from the nearest PIE (Pan-Island Expressway) entrance / exit, which gives it quick access to the network of highways around the island. About 15 minutes drive to Changi Airport.
- 1 to 3 Mins Walk to MRT
- 10 to 12 Mins Walk to MRT
- 13 to 15 Mins Walk to MRT
- 16 to 18 Mins Walk to MRT
- 19 to 21 Mins Walk to MRT
- 22 to 24 Mins Walk to MRT
- 25 to 27 Mins Walk to MRT
- 28 to 30 Mins Walk to MRT
- 31 to 33 Mins Walk to MRT
- 34 to 36 Mins Walk to MRT
- 37 to 39 Mins Walk to MRT
- 4 to 6 Mins Walk to MRT
- 7 to 9 Mins Walk to MRT
- Deferred Payment Scheme
- Luxury High-End Project
- Near Park / Nature Reserve
- Near Reservoir
- Near Shopping Mall
- Near Sports Complex
- Near to City
- Payment Scheme
- Prime District
- Progressive Payment Scheme
- Proximity to Primary School
- Sea / Water Views
- Special Discounts
- Special Features
- Star Buys
- Walk to MRT
- Within 1KM of Ai Tong Primary School
- Within 1KM of Anglo Chinese Primary School (Barker Road)
- Within 1KM of Catholic High
- Within 1KM of Cedar Girls Primary School
- Within 1KM of Holy Innocents Primary School
- Within 1KM of Kong Hwa Primary School
- Within 1KM of Maris Stella
- Within 1km of Methodist Girls' Primary School
- Within 1KM of Nan Chiau Primary School
- Within 1KM of Nan Hua Primary School
- Within 1KM of Ngee Ann Primary School
- Within 1KM of Paya Lebar Methodist Girls' Primary School
- Within 1KM of Raffles Girls Primary School
- Within 1KM of River Valley Primary School
- Within 1KM of Rosyth Primary School
- Within 1KM of Singapore Chinese Girls' Primary School
- Within 1KM of SJI Junior
- Within 1KM of St Andrews Primary School
- Within 1KM of Tao Nan Primary School
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