Singapore Condominium Launch – Parc Esta
It was 99 years in the making since the Eunosville HUDC Enbloc started to sprout as a leasehold real estate which is now the newly created Parc Esta Condominium. With regards to successful bidders Jardine Matheson Group Unit make it on top to sold enobloc units with the help of by MCL Land. It was closely expected till 2017 that this Eunosville which was known before as 330 unit HUDC estate would be on top grossing real estate. The cost submitted for the plot of land was also the second highest after Farrer Court in 2007 which indicates that developers are optimistic about real estate market in Singapore and also the limited plots of land under the Government Land Sales Programme is not enough to sustain the appetite of the developers in the presently upbeat real estate market.
The Changi Road and Sims Avenue can be viewed even from far distance since its just in front of Parc Esta, the former Eunosville HUDC. Parc Esta has full and one of a kind facilities, which includes a guard house, club house, function room, indoor gym, tennis court, 50m swimming pool, sun deck, BBQ pits & children’s play ground. A great entertainment will be fully realized in which your family will have the chance to enjoy the moment. Their amenities will let every person experience the serene pace of the place.
It was guaranteed that the land area where the Parc Esta Condo would be located will derive more possibilities on investors. Parc Esta Singapore Information can be found at the officialsite https://www.parc-esta-official.com.sg/At that time of acquisition, Eunosville has got a balance lease of 71 years left and the collective sale is timely for the residents as well because of the aging building structure. If we are going to base the land size and ratio of the estate Parc Esta MCL Land, it was targeted to build more than 1399 units in a reasonable cost.
Parc Esta began in 1980s as the Eunosville estate among of 330 units in a private HUDC which is now situated near in Eunos MRT Station. The collective sales was leading on the Second spot just after the Farrer Court’s sales happened. Analyst note that the cost paid for the plot of land is affordable given the upswing market and the plot of land was sold to Jardine Matheson Group which is a unit of Hongkong Developer MCL Land. The number of residential unit blocks for residential will be 6, it will be 4 for the down and up apartment blocks with 75 units that will be realized since Eunosville HUDC has a total of 255 maisonettes. The expected price tag based on the acquisition price is approximately $1,700 – $1,750psf.
In Singapore, MCL Land have served 50 years as the reliable group for residential buildings. Among the cities in Asia like Hong Kong, Singapore, Beijing, Jakarta, Hanoi, Phnom Penh, Macau, and Bangkok, it’s only Hong Kong Land and MCL Land create a name to be the most dependable group holdings that contains about 800,000 square metres for a longest period.