PARC CENTRAL RESIDENCES

Location

Tampines Ave 10

 

Tenure

99-Year Leasehold

 

Type

Executive Condominium

 

No of Units

Est. 700

The First New EC Launch in the East since 2012

Discover Central Park living in the Tampines Heartlands at Parc Central Residences, a luxurious Executive Condominium nestled amidst a verdant oasis and just minutes away from metropolitan convenience.

This is a joint venture between Hoi Hup Realty Pte Ltd and Sunway Group, having been awarded the land sale tender for the coveted EC site on 15 January 2019 with the highest bid of S$434.4m (or S$578 psf of GFA) against six other bidders. Hoi Hup Sunway intends to develop a luxury EC development of up to 700 units on this 24,938sqm site which can yield up to a maximum of 69,829sqm GFA. The site provides a rare opportunity to develop a luxury EC development within a matured estate, with pent-up demand for this asset class due to limited supply in the eastern region of Singapore.

Parc Central Residences boasts a coveted location with great accessibility and convenience to amenities at the heart of the Tampines regional centre; these include Tampines Town Hub (Singapore’s first-ever integrated community and lifestyle hub which offers a variety of sports and community facilities), office buildings, educational institutions and established regional shopping malls such as Tampines Mall, Tampines 1, and Century Square.

In addition, the site is conveniently linked to the city and the rest of the island via major arterial roads and expressways such as the Tampines Expressway and the Pan Island Expressway. It is also a short distance away from the Tampines MRT station and the Tampines West Station along the Downtown Line.