PARC ESTA CONDOMINIUM
|CITY FRINGE LIVING AT PARC ESTA CONDO · BESIDE PAYA LEBAR REGIONAL HUB|
|DIRECTLY OPPOSITE EUNOS MRT STATION · 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.
About the Parc Esta Condo Development
Parc Esta promises to be a landmark development in the east. Comprising nine towers rising 18 storeys high above the streetscape, it sits on a huge 3.5 hectare site facing Eunos MRT station.
It offers premium residences ranging from one to five-bedroom homes, amidst a wide variety of features that include a 200-metre long garden and waterscape.
Keywords here are grandeur and elegance. The entrance itself reflects the grandeur of luxury hotels.
As you come in, you are welcomed by the soothing ambience of calm waters lined with lights at the Lantern Isle. Drive up to the grand foyer at the Signature Arrival Court, to be greeted by the stately arrival hall.
Ascend the elegant stone steps to the serenity of a picturesque atrium, and savour to the full the delight of coming home.
Almost three-quarters of Parc Esta’s sprawling grounds are given to facilities and landscaping, carved into three separate realms. Each with its own distinct character, creating interconnected experiences.
The Majestic Tree Atrium sits at the heart of Grand Parc, providing a picturesque backdrop to the Reflective Pond beside it, that cradles the Sunken Party Lounge.
The East Parc is a tropical oasis at your front door. You sense it in the openness, and rustling of leaves in the breeze. You see it in the rustic woodwork, the poolside dotted with chill-out lounges and cabanas, and the blue waters of the 50-metre lap pool.
Here Parc Clubhouse, the social heart of the Parc Esta condo, blends relaxation with luxury. You can entertain guests at the cosy function room or the Poolside Dining Verandah, while enjoying the pool views.
Unwind at your own pace in one of the Jacuzzi Pools or Luxe Cabanas. What makes this place a real pleasure to live in, is that it caters to the demands of busy modern lifestyles.
Everything you need is just outside your door, within minutes of coming home. Whether it be a cookout at the Grill & Dine Pavilion, or giving your dogs a run, or a game of tennis, or a spot of exercise at the Fitness Suite.
The West Parc centres around a 360-degree Lagoon pool that calls to mind family getaways at contemporary water parks. Cradled in lush terraced landscaping, it will teem with activities. From water revelries, to water play amidst bubble jets, and rhythmic displays of water sprays.
The Aqua Gym is integrated into the pool with state-of-the- art facilities. This is in addition to an Outdoor Multi Gym equipped with a wide range of weights, benches & cardio fitness equipment.
You can also host poolside gatherings at the Island Party Pavilion and get everyone in a feasting mood at the Grill & Dine Island.
Or hold your child’s birthday bash with a splash, at the Kids’ Party Pavilion beside the main pool. Complete with a Junior Glamping Lawn with tepees and camp-inspired lighting.
Register interest or request details here.
Parc Esta Condo . Locational Attributes
This sits 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.
The 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 launches in the area are sold out, including Park Place Residences at Paya Lebar Square.
The Parc Esta condo launch was well-timed to meet the pent up demand that had arisen in the meantime. MCL Land opened this project for sale in the 2nd half of 2018. As of March 2020, it had already sold over 82%, or 1,159 out of its 1,399 residential units.
Register interest or request details here.
|Developer||MCL Land (Everbright) Pte Ltd|
|Status||Condominium (No restrictions on foreign ownership)|
|Address||900 Sims Avenue, Singapore 408966
902 Sims Avenue, Singapore 408967
904 Sims Avenue, Singapore 408968
906 Sims Avenue, Singapore 408969
908 Sims Avenue, Singapore 408970
910 Sims Avenue, Singapore 408971
912 Sims Avenue, Singapore 408972
914 Sims Avenue, Singapore 408973
916 Sims Avenue, Singapore 408974
#B1-70 to #B1-74 (Shops); #B1-75 (Management Office)
|Site Area||34,997.8 m² (376,716 sq ft)|
|Floor Area||97,993 m² (1,054,805 sq ft)|
|Tenure||99 years leasehold from 12 July 2018|
|Official T.O.P. Date||31 December 2022|
|Target T.O.P. Date||4th Quarter 2021 (non-commitment basis)|
|No. of Blocks||9|
|Building Coverage||24.23% (8,480.0 m²) of the site|
|No. of Units||1,399 residential units + 5 shop units|
|No. of Car Spaces||1,122 car spaces + 9 accessible spaces|
|Description||9 Blocks Of 18-Storey Residential Flat Development with Basement and Mezzanine Basement Carparks, Swimming Pool and Communal Facilities on Lot 04132L MK 23 at Sims Avenue|
|Architect||P&T Consultants Pte Ltd|
|Landscape Consultant||Ecoplan Asia Pte Ltd|
|Main Contractor||China Construction (S. Pacific) Development Co. Pte Ltd|
|Showflat ID||PTang Studio Ltd|
|C&S Engineer||KCL Consultants Pte Ltd|
|M&E Engineer||Rankine & Hill (S) Pte Ltd|
|Quantity Surveyor||KPK Quantity Surveyors|
|Project Account||DBS Bank Ltd for Project A/C No. 003-700127-9 of MCL Land (Everbright) Pte. Ltd.|
PARC ESTA FLOOR PLANS
The Parc Esta floor plans are now available. Below are examples showing the floor plans of the showflat units.
Kindly drop us a note via the Contact Form if you would like the full set of Parc Esta condo floor plans to be emailed to you.
SITE LAYOUT 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
Viewing of the Parc Esta showflat is by advance appointment or online virtually only. Please drop a note via the Contact Form if you wish to view the Parc Esta condo showflat.
Register interest or request details here.
PARC ESTA PRICES · UNIT TYPES
UNIT TYPES . SIZES
|Unit Description||Type||No. of
|1 Bedroom||A1/A1-P/A1-R||108||39 / 48||420 / 517|
|A2/A2-P/A2-R||108||42 / 51||452 / 549|
|1 Bedroom + Study||AD1/AD1-P/AD1-R||54||48 / 57||517 / 614|
|AD2/AD2-P/AD2-R||53||49 / 58||527 / 624|
|AD3-P / AD4-P||9||49||527|
|2 Bedroom||B1/B1-P/B1-R||18||54 – 65||581 – 700|
|B2/B2-P/B2-R||18||56 – 64||603 – 689|
|B3/B3-P/B3-R||105||59 / 70||635 / 753|
|B4/B4-P/B4-R/B4-R1||52||59 – 70||635 – 753|
|2 Bedroom Premium||BP1/BP1-P/BP1-R||36||65 / 72||700 / 775|
|BP2/BP2-P/BP2-R||18||66 / 80||710 / 861|
|BP3/BP3-P/BP3-R||18||67 / 80||721 / 861|
|BP4/BP4-R||17||68 / 79||732 / 850|
|BP5/BP5-P/BP5-R||141||69 / 80||743 / 861|
|2 Bedroom + Study||BD1/BD1-P/BD1-R||36||77 / 85||829 / 915|
|BD2/BD2-P/BD2-R||52||78 / 95||840 / 1,023|
|BD3/BD3-P/BD3-R||36||78 / 89||840 / 958|
|3 Bedroom||C1/C1-P/C1-R||36||84 / 100||904 / 1,076|
|C2/C2-P/C2-R||54||85 / 94||915 / 1,012|
|C3/C3-P/C3-R/C3-R1||88||86 – 103||926 – 1,109|
|3 Bedroom + Flex||CU1/CU1-P/CU1-R||90||89 – 104||958 – 1,119|
|CU2/CU2-P/CU2-R||36||93 – 102||1,001 – 1,098|
|3 Bedroom Premium||CP1/CP1-P/CP1-R||36||95 – 112||1,023 – 1,206|
|CP2/CP2-P/CP2-R||54||96 – 107||1,033 – 1,152|
|4 Bedroom||D1/D1-P/D1-R||36||104 / 124||1,119 / 1,335|
|D2/D2-P/D2-R||18||104 – 117||1,119 – 1,259|
|4 Bedroom Premium||DP/DP-P/DP-R||54||114 / 131||1,227 / 1,410|
|5 Bedroom||E/E-P/E-R||18||130 – 149||1,399 – 1,604|
|Total Residential Units||1,399|
Floor areas stated includes any Voids, Patios, Balconies, Terraces, A/C Ledges.
The Parc Esta price ranges as at 20 June 2019, are listed below. Starts from around $1,5xx PSF up. (Note: Prices are subject to increase without notice as units sell out.)
Kindly let us know via the Contact Form if you would like latest unit prices or availability.
|Unit Description||Strata Area
|1 Bedroom||420 – 549||$815K – $911K||$170|
|1 Bedroom + Study||517 – 624||$965K – $1.045M||$170|
|2 Bedroom||581 – 753||$1.187M – $$1.202M||$190|
|2 Bedroom Premium||700 – 861||$1.216M – $1.382M||$190|
|2 Bedroom + Study||829 – 1,023||$1.333M||$190|
|3 Bedroom||904 – 1,109||$1.428M – $1.748M||$190|
|3 Bedroom + Flex||958 – 1,119||$1.502M – $1.697M||$190|
|3 Bedroom Premium||1,023 – 1,206||$1.622M – $1.866M||$190|
|4 Bedroom||1,119 – 1,335||$1.823M – $2.032M||$230|
|4 Bedroom Premium||1,227 – 1,410||$2.016M – $2.209M||$230|
|5 Bedroom||1,399 – 1,604||$2.548M||$230|
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.
ABOUT THE 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.
Schools. Quite a number of schools, both primary and secondary in the vicinity. For primary schools, there are a couple within the 1km radius: Haig Girls’ and Eunos Primary. Beyond that, between the 1 to 2 km radius, notable ones include Tao Nan, Maha Bodhi, Kong Hwa, Tanjong Katong Primary, and St. Stephens. Not that there is much chance of getting into Tao Nan outside the 1km radius based on proximity, but the other schools are generally good too.
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.