PARC CANBERRA EXECUTIVE CONDOMINIUM AT CANBERRA LINK BY HOI HUP REALTY AND SUNWAY DEVELOPMENTS. TARGET PREVIEW DATE: 31ST JAN 2020
✅ 3-4 mins walk to Canberra MRT (NS12) expected operation by DEC 2019
✅ Next to Canberra Plaza – The 3-storey Plaza brings a one-stop shopping destination to the residents
✅ Mins drive from Bukit Canberra – The Sembawang Sport and Community hub that is set to open progressively from 2020 ( Polyclinic , Largest Active SG Gym, Hawker Centre)
✅ By Renowned Developer – Hoi Hup Sunway Canberra Pte Ltd
✅ Upcoming North South Corridor Expressway
✅Live, Work, Play and Learn all the Same Place
WhatsApp Us to Stay Updated for Project Status
Appointment for Showflat Visit/ Starbuy List ☎ (+65)9027 2297
18/01/2020: Parc Canberra Showflat Preview – 31st January 2020. E-Apps opened for registration. First EC Launch in 2020
29/10/2019: Parc Canberra EC Launching Soon – Register to receive Latest Updates and Priority Access to Showflat
05/09/2019: The tender for an executive condominium (EC) site in Canberra Link received nine bids, with Hoi Hup Realty and Sunway Developments submitting the highest bid of $271 million / $558 psf per plot ratio (psf ppr)
Parc Canberra is an upcoming EC located along Canberra Link, District 27 Singapore. Developed by Hoi Hup Realty and Sunway Development and sits on 18,040.6sqm site that can yield up to a maximum GFA of 45,101.5sqm, the project intends to develop into a luxury EC development of up to 500 units.
Parc Canberra is just 300 metres from the upcoming Canberra MRT station. There will also be a new 11,000 sqm, three-storey Canberra Plaza opening next to Canberra Station. The site is also well served by the new 12 hectare Sembawang Integrated Hub situated just across Canberra Link. Bukit Canberra will provide amenities such as a hawker centre, indoor and outdoor sport facilities, a polyclinic, a senior care centre, green spaces for community farming and lifestyle related amenities for the community. It will also see the largest ActiveSG gym with indoor and outdoor pools. In addition to these amenities, the site will also benefit from the new North South Corridor, a new expressway to be completed in 2026 that will bring commuters from Sembawang area direct to the City.
PARC CANBERRA EC PROJECT INFORMATION
|Development||Parc Canberra EC|
|Description||Executive Condo comprising of communal facilities|
|Location||Canberra Link, Canberra Crescent, Singapore|
|Developer||Hoi Hup Realty and Sunway Development|
|Site Area||18,040.6 sqm / 194,187.4 sqft|
|Total No. of Units||450 (estimated)|
|Total No. of Carparks||TBA|
|Expected TOP Date||Estimated 2022 – 2023|
|Unit Mix||3 - 5 Bedroom (TBC)|
ABOUT DEVELOPER BACKGROUND
Founded in Singapore in 1983, Hoi Hup Realty is an established niche property developer that has successfully completed a diversified portfolio of property developments comprising private condominiums, landed housing, executive condominiums and mixed-use commercial developments. To-date Hoi Hup has delivered more than 7,300 quality homes in some of Singapore’s most recognizable developments. With an eye for details and a passion for excellence, the Hoi Hup team has gained invaluable knowledge and experience from the numerous projects they have successfully completed. This has led to them being awarded over 26 awards for their excellence in development of residential buildings in Singapore.
Established in 1974, Sunway Group is one of Malaysia’s largest conglomerates with core interests in property, construction, education, and healthcare. With over 16,000 employees operating in 50 locations worldwide, they are renowned for developing a wide range of property types such as residential, retail, hospitality, leisure, healthcare, education, commercial, trading and manufacturing. Sunway Group’s unique build-own-operate business model powers the growth of sustainable communities and integrated townships, which they will be bringing to the Parc Canberra EC project.
PARC CANBERRA EC LOCATION
Parc Canberra EC is situated at the junction of Canberra Link and Canberra Walk Road in the centre of District 27, Singapore. Just less than 300 m away from future Canberra MRT Station, residents can access to the Sembawang Interchange and Sembawang MRT Station which connect directly to the North of the beautiful Island.
Drivers will be able to take advantage of the the Parc Canberra EC being located right next to the North South Corridor, which will be completed in 2026. The brand new expressway will provide commuters with a fast, direct route from Sembawang directly into the city. Various major expressways are just round the corner such as Central Expressway (CTE), Tampines Expressway (TPE) and Seletar Expressway (SLE).
The Canberra Plaza, an all-new 120,000 square foot, three-storey plaza, will also be opening right next to the Parc Canberra EC development. This means that residents will have a wealth of shopping, dining and nightlife options just a short walk away, while still enjoying the quiet of their executive condominium.
Parents with younger children have many options for both primary and secondary education in the area. The development is designed to make transport to-and-from all of the nearby schools very easy, so that parents save time each day. This added convenience makes the Parc Canberra EC an attractive development for young families.
The development is situated near many green corridors, most notably the upcoming Bukit Canberra integrated hub. The plans for the hub include all sorts of activities that families will benefit from, such as a forest playground for children, a natural setting pool, an entire swimming complex and more. There will also be a polyclinic, childcare options and many walking spaces surrounding the Parc Canberra Executive Condo development, giving parents everything they need for their children just steps away.
PARC CANBERRA EC SITE AND FLOOR PLAN
PRICE GUIDE / SALES PACKAGE
LATEST PRICE GUIDE
Based on the Land Price of $558 psf ppr, the Estimated Selling Price is estimated to be from $1,0xxpsf
Please Contact Us at (+65)90272297. It is important to only engage the Official Direct Developer Sales Team to assist you. There are several complex procedures and key factors to consider before committing to purchase a unit. Rest assured that all our representatives are certified, well-trained and committed to deliver. By engaging the Official Direct Developer Sales Team, you will also enjoy the best possible direct developer price. There is no commission required to be paid.
ABOUT EXECUTIVE CONDOMINIUMS IN SINGAPORE
Executive Condominiums in Singapore are in High Demand
An executive condominium in Singapore is a hybrid housing project that is a combination between private and public. This means that the residential development is subsidized in part by the Singapore government, meaning that ELIGIBLE buyers can expected between a 20% to 30% reduction in price compared to that of surrounding developments.
The fact that the prices are significantly discounted, as well as the fact that the public nature of the building means that the government contributes to general upkeep and amenities in the future, makes executive condos in Singapore extremely rare.
Parc Canberra Prices Offer Great Value
One major benefit for any Singaporeans who own an executive condominium such as the Parc Canberra is that they will benefit from the lowered prices upon purchase. Since the housing is subsidized by the government, the prices can expected to be just ¾ of other privately-sold condos in the emerging Sembawang area.
For those looking to make a profitable real estate investment for the future while enjoying all the high class amenities and exceptional facilities that the Parc Canberra will offer, there has never been a better buying opportunity.
Potential for Future Appreciation
Another benefit to purchasing a unit in the Parc Canberra EC is that all executive condominiums are eligible to be sold on the open real estate market once the Minimal Occupational Period has been met.
Once you have met the Minimal Occupational Period, you are able to sell your unit in the Parc Canberra at the prices of private condos in the region. This means that you immediately gain a potential 20% to 30% appreciation of the value of your unit just by completing the occupational timeframe.
This, combined with the opening of the Canberra MRT Station, the Canberra Plaza, the Canberra Bukit and the North South Corridor opening, shows the potential for the Parc Canberra EC as a profitable investment for the future.
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Parc Canberra EC – Mins walk to Canberra MRT and Canberra Plaza