Eunosvill HUDC Enbloc redevelop as Parc Esta Condominium
It was Ninety nine 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. It’s only Jardine Matheson Group Unit that was able sold an enobloc properties of lands that was joint with MCL Land which makes a name as a top bidders on the market for leasehold units. By 2017, Eunosville would be regarded as the fourth successful in terms of selling which first started as the 330 unit HUDC. The Government Land Sales Programme was not that enough in terms of maintaining the real estate market since it limits the passion of most developers to submit more plots, but when it comes to the rate you’re secured that the its worth it since they are leading in the world 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 one of a kind amenities, including a guard house, clubhouse, function room, indoor gym, tennis court, 50m swimming pool, sun deck, BBQ pits & children’s recreation space. With the facilities provided, each family will have more to offer which will strengthened their bond. The tranquillity of life would be greatly appreciated here since the type of amenities that they’ve will calm your soul.
Parc Esta Condo would be established in a central plot of lands that shows a prospect clients to invest in. Although the building structure appears to be conventional, it was still expected that Eunosville may last up to Seventy one years. Based on the collective selling price and also the land size and the plot ratio of Parc Esta MCL Land, around 1399 units can be build on the plot of land.
Parc Esta location is at the former Eunosville estate that’s a privatized HUDC that was build in the 1980s that consist of 330 units found in the plot of land next to Eunos MRT Station. Right after the sales Farrer Court was sold out, it was regarded as the second collective sales achievement. According to the Analyst, each price of the plot land were just cheaper than expected since they sold it to Jardine Matheson Group. 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 which will be realized since Eunosville HUDC has got a total of 255 maisonettes. The expected price tag based on the acquisition price is about $1,700 – $1,750psf.
In Singapore, MCL Land have served 50 years as the reliable group for residential 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 create a name to be the most reliable group holdings which contains about 800,000 square metres for a longest period.