MCL Land Parc Esta Condo
Parc Esta is a new 99 years leasehold development that is the former Eunosville HUDC Enbloc. When it comes to successful bidders Jardine Matheson Group Unit make it on the top to sold enobloc units with the help of by MCL Land. By 2017, Eunosville will be deemed as the fourth successful when it comes to selling which first started as the 330 unit HUDC. The price submitted for the plot of land was also the second highest after Farrer Court in 2007 which indicates that developers are optimistic about real estate market in Singapore and the limited plots of land under the Government Land Sales Programme is not enough to keep the appetite of the developers in the presently upbeat real estate market.
This Parc Esta Condo which was an old Eunosville HUDC was distinctive since it was located to a place near in Changi Road and Sims Avenue. From the Parc Esta floor plan, we can see that it is design to be functional and meets the residents need of space. If we’re to talk about the facilities available in Parc Esta, you made the right choice since they have function rooms, court for tennis players, BBQ pits for food enthusiast, guard house, indoor gym, clubhouse, 50m pool, sun deck and also the special play area for kids. A great entertainment will be fully realized in which your loved ones will have the opportunity to enjoy the moment. Indulge in a serene and tranquil life-style right in the heart of Eunos.
It was guaranteed that the land area where the Parc Esta Condo would be situated will derive more possibilities on investors. Eunosville would make a good gross in the market and will continuously boom even up to its Seventy one years of existence in the estate industry. It was forecasted that around 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.
In the area where the 330 units including Parc Esta was located was once known as Eunosville that was just a walk away from Eunos MRT Station. The collective sale is the 2nd highest ever achieved after the sales of Farrer Court which is the present D’Leedon. Analyst note that the price paid for the plot of land is affordable given the upswing market and the plot of land was sold to Jardine Matheson Group which is a unit of Hongkong Developer MCL Land. Eunosville HUDC consist of 255 maisonettes over Six residential unit blocks and 4 walk-up apartment blocks with 75 units. The expected selling price based on the acquisition cost is about $1,700 – $1,750psf.
The MCL Land is a well-known property group in Singapore and has built various premium residential buildings under its name during the last 50 years. From the Asian cities like Hong Kong, Singapore, Beijing, Jakarta, Hanoi, Phnom Penh, Macau, and Bangkok, it was only the Hong Kong Land and MCL Land which stand out in the market for property holdings for quiet long.