Parc Esta Condo Showflat
A new underdeveloped property named Parc Esta was in service for 99 years as a leasehold property which is a former unit of Eunosville HUDC Enbloc. Jardine Matheson Group Unit was regarded as the leading bidders who submitted an outstanding enbloc plots of land with the help of MCL Land. Eunosville was formerly a 330 unit HUDC estate that which is the fourth successful collective sale to be concluded in 2017. 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 also the limited plots of land under the Government Land Sales Programme isn’t enough to keep the appetite of the developers in the currently upbeat real estate market.
The Changi Road and Sims Avenue can be seen even from far distance since its just in front of Parc Esta, the former Eunosville HUDC. Parc Esta has full and unique facilities, which includes a guard house, club house, function room, indoor gym, tennis court, 50m pool, sun deck, BBQ pits & children’s play area. More information can find the Parc Esta Brochure from the Parc Esta showflat. The condo’s amenities provide full family entertainment needs for your family members and loved ones. Their amenities will let every individual experience the serene pace of the place.
The area which was spotted to be the location for Parc Esta Condo helps to encourage more investments. At that time of acquisition, Eunosville has a balance lease of Seventy one years left and the collective sale is timely for the residents as well because of the aging building structure. If we’re going to base the land size and ratio of the estate Parc Esta MCL Land, it had been targeted to build more than 1399 units in a reasonable price.
It was called Eunosville estate in the beginning among the privatized area nearer to Eunos MRT Station, but it is now Parc Esta. Right after the sales Farrer Court was sold out, it was viewed as the 2nd collective sales achievement. The amount of the plot of land which was sold to Jardine Matheson Group is quite inexpensive as what Analyst realized. It had been expected that there will be 6 residential unit blocks, 4 walk-up apartment blocks with 75 units which was present in Eunosville HUDC among the 255 maisonettes. It was forecasted to gain around $1,700 – $1,750psf sales.
The MCL Land is a well-known property group in Singapore and has built various premium residential buildings under its name over the last Fifty years. 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 trusted group holdings which contains around 800,000 square metres for a longest period.