Parc Esta Condo Location

Parc Esta Condo Location

It was 99 years in the making since the Eunosville HUDC Enbloc began to sprout as a leasehold real estate which is now the newly created Parc Esta Condominium. Jardine Matheson Group Unit was considered as the leading bidders who submitted an outstanding enbloc plots of land with the help of Parc Esta MCL Land. By 2017, Eunosville would be regarded as the fourth successful in terms of selling which first started 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 also the limited plots of land under the Government Land Sales Programme is not enough to sustain the appetite of the developers in the currently upbeat real estate market.

Parc Esta Former Eunosville HUDC is a unique development with a wide frontage onto Changi Road and Sims Avenue. If we’re to talk about the facilities available in Parc Esta Condominium, you made the best choice since they have function rooms, court for tennis players, BBQ pits for food enthusiast, guard house, indoor gym, clubhouse, 50m pool, sun deck as well as the special play area for kids. A great entertainment would be fully realized in which your family will have the chance to enjoy the moment. Indulge in a serene and tranquil lifestyle right in the heart of Eunos.

It was guaranteed that the land area where the Parc Esta Condo will be situated will derive more possibilities on investors. 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 due to the aging building structure. It had been forecasted that approximately 1399 units will still be built in Parc Esta MCL Land in the future base on its collective rate, size of the land and it’s ratio.

It was known as Eunosville estate in the beginning among the privatized area nearer to Eunos MRT Station, but it is now Parc Esta. The collective sales was leading on the Second spot just after the Farrer Court’s sales happened. Most analyst believed that the lands were price wise after it was sold to Jardine Matheson Group. Eunosville HUDC contain 255 maisonettes over Six residential unit blocks and 4 walk-up apartment blocks with Seventy-five units. The expected selling price based on the acquisition price is about $1,700 – $1,750psf.

For Fifty years of existence in Singapore, MCL Land have proven its path in promoting the main objective of building residential areas and buildings. For the longest time, Hong Kong Land together with MCL Land was known to be the reliable property holdings across the Asian cities namely: Hong Kong, Singapore, Beijing, Jakarta, Hanoi, Phnom Penh, Macau, and Bangkok.

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