Parc Esta Condo
Parc Esta is a new 99 years leasehold development that’s the former Eunosville HUDC Enbloc. Jardine Matheson Group Unit was regarded as the leading bidders who submitted an outstanding enbloc plots of land through the help of MCL Land. Parc Esta price will be released during the launch of the property project. By 2017, Eunosville will be considered as the fourth successful when it comes to selling which first began as the 330 unit HUDC. The price submitted for the plot of land was also the 2nd highest after Farrer Court in 2007 which indicates that developers are optimistic about real estate market in Singapore and the limited plots of land under the Government Land Sales Programme isn’t enough to keep the appetite of the developers in the presently upbeat real estate market.
ParcEsta Former Eunosville HUDC is a unique development with a wide frontage onto Changi Road and Sims Avenue. ParcEsta has full and unique amenities, including a guard house, club house, function room, indoor gym, tennis court, 50m swimming pool, sun deck, BBQ pits & children’s playground. The condo’s facilities provide full family entertainment needs for your family members and loved ones. The tranquillity of life will be greatly appreciated here since the type of facilities that they’ve will calm your soul.
ParcEsta Condo would be established in a central plot of lands that shows a potential buyers to invest in. 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. It was forecasted that around 1399 units will still be built in ParcEsta MCL Land in the future base on its collective rate, size of the land and it’s ratio.
ParcEsta started in 1980s as the Eunosville estate among of 330 units in a private HUDC which is now found near in Eunos MRT Station. The collective sale is the 2nd highest ever achieved right after the sales of Farrer Court which is the present D’Leedon. Based on the Analyst, each price of the plot land were just less expensive than expected since they sold it to Jardine Matheson Group. The number of residential unit blocks for residential would be 6, it will be 4 for the up and down apartment blocks with 75 units that will be realized since Eunosville HUDC has got a total of 255 maisonettes. The expected price tag based on the acquisition price is approximately $1,700 – $1,750psf.
For 50 years of existence in Singapore, Parc Esta Developer, MCL Land have proven its path in promoting the primary goal of building residential areas and buildings. Among the cities in Asia such as Hong Kong, Singapore, Beijing, Jakarta, Hanoi, Phnom Penh, Macau, and Bangkok, it’s only Hong Kong Land and MCL Land make a name to be the most trusted group holdings which contains about 800,000 square metres for a longest period.