Parc Esta

SGD698.000
  • Property type: Apartment
  • Property Location: D14 Eunos / Geylang / Paya Lebar
  • Offer type: For Sale
  • City: Singapore
  • Neighborhood: Eunos
  • T.O.P: December 2022
  • Lot size: 376,716 sq ft ft²
  • Tenure: 99 years Years
  • No. Of Units: 1399 residential units
  • Developer: MCL Land Limited
  • PSF ($): $1450 psf

Parc Esta - Reviews


Parc Esta | Eunos Condo | Former Eunosville | MCL Land | Eunos MRT

FULLY SOLD

Parc Esta is a brand new condominium located at one of the most sought after central-eastern location in Singapore. The new Eunos / Sims Avenue condo is the site of former Eunosville HUDC. Following the successful enbloc of the 330 unit privatized HUDC estate, it is expected that the 376,716 square feet land will feature approximately 1399 residential units. 

Last Updated: 29th March 2024

The collective sale of Parc Esta condo marks the fourth successful en bloc sale by 2017, which adds on to the positive market sentiment then where developers were starting to position themselves appropriately for a recovery in the market. Adding on to the optimism, the transacted price of $765 million is a 17% premium of the owners asking price of $643 million to $653 million. This means that each owner stands to receive about $2.25 million to $2.41 million after the conclusion of the deal.

Parc Esta condo Sims Avenue condo MCL Land

Built in the the year 1980, Eunosville received competitive bids from 8 hopeful developers where Jardine Matheson Group unit, MCL Land emerged winner. The Parc Esta land has a balance lease of 71 years and thus an additional government charge of estimated $194 million is required to be paid for a top up to fresh 99 years lease. The charge is also to intensify the land usage with an increase in plot ratio to 2.8. 

The land cost of $765 million together with the government charge of $194 million will work out to an estimated Parc Esta price breakevn of $909 per square foot per plot ratio. This together with the construction cost, marketing efforts and profit will take the selling price to approximately $1700 to $1750 psf. 

Parc Esta TOP date is anticipated to be around year 2023. This is when home owners can start to collect their keys for immediate move in or rental after the necessary defects rectification. The previous new launches in this area such as The Navian and Park Place Residences has seen very positive response from buyers, we expect Parc Esta to be the same too for its extremely convenient location less than 200 meters from Eunos MRT station.


WHY PARC ESTA ?


Parc Esta Former Eunosville HUDC Convenience and Amenities

Parc Esta location is exceptional. Situated in one of Singapore’s most matured and well sought after estate, it is surrounded by a myriad of amenities and eateries where the daily necessities are within reach in mere minutes. Besides the immediate convenience with many shops to be found at Blk 844 and Blk 848, the new Eunos condo has many shopping malls and shop houses nearby where food and shopping will never be a problem!

Parc Esta former Eunosville

Parc Esta condo One KM Mall

One KM Mall managed by UOL Group is the latest mall in the Paya Lebar precinct. It is a mixed development with residential project Katong Regency right on top of the mall bearing a freehold tenure. Established in 2014, the shopping complex comprises of over 150 shops over 4 levels with Food Junction and Cold Storage as their anchor tenants. The Mall is a mere 3 minutes driving distance from Parc Esta. It’s comprehensive shop categories include Fashion, accessories, shoes, Electronics, IT, communications, Furniture & furnishings, Optical & Dental, Supermarket, services, hobbies, books, stationery, music, entertainment, gifts, florist, dining, health & wellness and enrichment.


Parc Esta Eunosville Geylang Serai

Geylang Serai is one of the earliest Malay settlements in Singapore. It got it’s name from the large scale farming of lemongrass(serai in Malay) and is filled with heritage within the refurbished shop houses and traditional food sold here. Within close proximity to Parc Esta, Geylang Serai houses one of Singapore’s largest wet market and food center, the Geylang Serai Market and Food Center. Right across the road, there are other establishments that serves great traditional local cuisine such as the famous Haig Road Food Center. One can find food like the Roti John and putu piring that have been here for more than 2 decades over 3 generations. 


Parc Esta Sims Avenue Paya Lebar Quarters

Parc Esta is strategically located within 3 minutes away from the upcoming mega project, Paya Lebar Quarters. The mixed development is part of the Nation’s plan to decentralize the heavily congested CBD and provide jobs closer to home and reduce travelling time to the city centre. A key catalyst to rejuvenate Paya Lebar as part of URA master plan, the Paya Lebar Quarters will feature three Grade A office towers with a whopping 1 million square feet of offices and amenties, 340,000 square feet of retail space offering dining, shopping and entertainment options, with 3 residential blocks of 429 luxurious apartments. The 4 hectares large development is targeted to complete between 2018 to 2020 in phases, this shall greatly boost the rental opportunity of Parc Esta with pend up demand in the area. 


Parc Esta condo Sims Avenue MCL Land

Parc Esta condo Sims Avenue, Eunos Road Location and Transport

Parc Esta is located excellently near to many places of interests in Singapore. It is easy to commute to and fro via personal or public transport. Sitting on the previous Eunosville site, Parc Esta condo is right opposite Eunos MRT station that serves the East-West Line and the Eunos Bus Interchange. 

Parc Esta condo Eunosville enbloc commuting via public transport

Travelling will never be a problem for residents of Parc Esta. Located less than 200 meters away is the Eunos MRT station. One of the earliest line in Singapore, the East West Line that Eunos MRT serves is able to connect most of the working locations in Singapore. It is 1 stop away from Paya Lebar MRT Interchange that also serves the Circle Line and where the future Paya Lebar Quarters is, 5 stops away from Bugis MRT that serves the Downtown Line and where Bugis Junction, Immigration and Checkpoints Authority(ICA) and Raffles Hospital is, 6 stops to City Hall, 7 stops to Raffles City and 8 stops to Changi Airport. Alternatively, if a bus ride is preferred to get to more precise destinations, there are more than 10 bus services at your disposal in Eunos Bus Interchange and along Sims Avenue. They are bus number 2, 7, 13, 21, 24, 26, 28, 30E, 30, 51, 60, 60A ,61, 63, 63A, 63M, 67, 76, 93, 94, 150, 154, 155 and 155A.  

Parc Esta condo commuting via personal transportation

Accessibility via personal transport is a breeze for dwellers of Parc Esta. It is well served by major expressways such the the Pan Island Expressway(PIE) where drivers can access via the Jalan Eunos Exit linking the Central Expressway(CTE) and Tampines Expressway(TPE) too. Cruising down Still Road, motorists can access to the East Coast Parkway(ECP) that also links to the Marina Coastal Expressway(MCE) and Ayer Rajah Expressway(AYE) toward the western region of Singapore and Changi Airport towards the East. Slightly further off, there is also the Kallang Paya Lebar Expressway(KPE) that serves routes towards the North Eastern region such as Hougang, Sengkang and Punggol area. 

Parc Esta To Open For Preview On Saturday

Parc Esta condo Eunos MRT schools close by

Parc Esta is home to many good school in the East. Parents are spoilt with choices with the likes Eunos primary school, Maha Bodhi School, Tanjong Katong primary school, CHIJ(Katong) School, St. Stephens School, Tao Nan School, Telok Kurau primary school, Kong Hwa School, Mansjuri secondary school, Tanjong katong secondary school, Tanjong katong girls’ school, Chatsworth International School East campus, Canadian International School(Tanjong katong campus) and the Global Indian International school(East Coast Campus).

Parc Esta MCL Land Tao Nan School

Tao Nan School is one of the most prestigious school in Singapore ranked among the Top 30 most popular primary schools by Ministry of Education(MOE). One of the six Hokkien Huay Kuan schools in Singapore besides Chongfu school, Ai Tong school, Kong Hwa School, Nan Chiau Primary School and Nan Chiau secondary School,  Tao Nan School offers the Gifted Education Programme since 1996 and the Bi-Cultural Chinese Elective Programme (BiCEP) in 2007. Within a 5 minutes driving distance from Parc Esta, it is established more than a century ago in 1906 and can now take in an enrollment of approximately 2500 students. 

Parc Esta Eunosville HUDC Maha Bodhi School

About 1.2km away from Parc Esta sits the Maha Bodhi School. Established in 1946 by reverend Chee Hong of Leng Feng Bodhi Institute, it started with 40 students and now one of the popular schools in this precinct. Maha Bodhi is a Buddhist school and believes in imparting  values to one’s character reminiscent to  Buddhist teachings. Maha Bodhi school is also affiliated to Mansjuri secondary school.

Parc Esta condo Sims Avenue Haig Girls’ School

Haig Girls’ School is located within 1km of Parc Esta condo. It is one of the only 2 all girls primary schools in Singapore. Set up in 1951, it started off with only 200 students in a 2 storey building along Jalan Tembusu. The school has moved in 1999 to its current location at Koon Seng Road with more than 1000 pupils and are well known for their curriculum innovation, arts and character education.

Parc Esta Eunosville Enbloc Kong Hwa School

Another school that was founded by the Hokkien Huay Kuan and within close proximity to Parc Esta condo is Kong Hwa school. It was established in 1953 shortly after the Japanese occupation when the association noticed the serious deficit in educational institutions and the need for education in Singapore.  Since its formation about 6 decades ago, the school managed to retain its original location even till today at 350 Guillemard road. It now has about 1600 pupils and is offering the the Bi-Cultural Enrichment Programme (BiCEP) since 2007, encouraging bilingualism among students.

Parc Esta Eunos MRT Grand Drop Off

Parc Esta Developer MCL Land

Good news for interested buyers of Parc Esta! The huge development will be developed by Asia renowned developer MCL Land. The firm is a member of Jardine Matheson Group under Hongkong Land Holdings. They have vast track record of developing luxurious properties in Singapore and Malaysia over the last 50 years and have garnered many positive feedback from home owners since. Before the biding of Parc Esta condo enbloc site, they have, under their belt a large number of completed / under construction projects where many of them have also won awards. They are LakeVille, J Gateway, Hallmark Residences, Ripple Bay, Palms@Sixth Avenue, Terrasse, Uber 388, Este Villa, The Estuary, D’Mira, Parvis, The Peak@Balmeg, D’Pavilion, Waterfall Gardens, Hillcrest Villa, Tierra Vue, The Fernhill, The Esta, Mera Springs, The Grange, The Calrose, Mera East, The Metz, Margaret Ville, Lake Grande and Sol Acres EC. They are poised to present to buyers yet another successful product in Parc Esta.

Good news for interested buyers of Parc Esta! The huge development will be developed by Asia renowned developer MCL Land. The firm is a member of Jardine Matheson Group under Hongkong Land Holdings. They have vast track record of developing luxurious properties in Singapore and Malaysia over the last 50 years and have garnered many positive feedback from home owners since. Before the biding of Parc Esta condo enbloc site, they have, under their belt a large number of completed / under construction projects where many of them have also won awards. They are LakeVille, J Gateway, Hallmark Residences, Ripple Bay, Palms@Sixth Avenue, Terrasse, Uber 388, Este Villa, The Estuary, D’Mira, Parvis, The Peak@Balmeg, D’Pavilion, Waterfall Gardens, Hillcrest Villa, Tierra Vue, The Fernhill, The Esta, Mera Springs, The Grange, The Calrose, Mera East, The Metz, Margaret Ville, Lake Grande and Sol Acres EC. They are poised to present to buyers yet another successful product in Parc Esta.


Parc Esta condo @ Sims Avenue Facilities within

The brand new Eunos condo will be nothing short of exciting. Parc Esta sits on a huge land site of 376,716 square feet, the former Eunos Ville HUDB enbloc. Sighting their previous developments, developer MCL Land is known for their meticulously planned facilities that suits all age groups. There will be a generously sized gym for the regular workout needed, a 50 meters lap pool for serious swimmers to do their laps, a wading pool for the younger generations to have a fun time, BBQ pits for gatherings, clubhouse for indoor celebrations such as baby showers and birthdays. On top of that, with the large area of Parc Esta condo, there will be beautiful landscapes around the compound that presents a soothing environment to unwind after long days at work.

Parc Esta bus interchange night pool

Parc Esta Former Eunosville Enbloc floor plans and layout

Parc Esta developer MCL Land has always make it a point to provide excellent customer satisfaction. Their thoughtfully designed layouts has been well received so far by buyers of their previous projects. The unit types in this new project will be of a wide range such that all groups of buyers are able to take advantage of this rarely available location and get their hands on something. Parc Esta floor plan should have 1 / 2 / 3 / 4 / 5 bedrooms with penthouses. All units will come fully fitted with premium flooring across the entire home, branded sanitary wares and kitchen appliances to come with. On top of that, there will be wardrobes already built in to every rooms for the purpose of maximizing space in every edge of the units. 


Parc Esta Price

1 Bedroom: $796,000 to $899,000

1 Bedroom + Study: $911,000 to $1,031,000

2 Bedroom: $1,067,000 to $1,177,000

2 Bedroom Premium: $1,215,000 to $1,364,000

2 Bedroom + Study: $1,302,000 to $1,571,000

3 Bedroom: $1,416,000 to $1,734,000

3 Bedroom + Flexi: $1,490,000 to $1,699,000

3 Bedroom Premium: $1,542,000 to $1,851,000

4 Bedroom : $1,808,000 to $2,015,000

4 Bedroom Premium: $2,000,000 to $2,192,000

5 Bedroom : $2,422,000


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Parc Esta - Location

Parc Esta location

Parc Esta - Site Plan

Parc-Esta-site-Plan

Parc Esta - Video

Parc Esta - FLOOR PLANS & UNIT TYPES

1 bedroom Type A1

1 bedroom Type A2

1 bedroom + study Type AD1

1 bedroom + study Type AD2

2 bedroom Type B1

2 bedroom Type B2

2 bedroom premium Type BP1

2 bedroom premium Type BP2

2 bedroom + study Type BD1

2 bedroom + study Type BD2

3 bedroom Type C1

3 bedroom Type C2

3 bedroom premium Type CP1

3 bedroom premium Type CP2

3 bedroom + study Type CU1

3 bedroom + study Type CU2

4 bedroom Type D1

4 bedroom premium Type DP

5 bedroom Type E

Parc Esta - Price

SGD698.000

Parc Esta - Showflat Viewing

  • ID: 5228
  • Published: April 6, 2019
  • Last Update: June 10, 2021
  • Views: 11673