Parc Esta Condominium By MCL Land
The Parc Esta Eunosville HUDC Enbloc have existed for 99 years as a leasehold property however it is now called Parc Esta. Jardine Matheson Group Unit was regarded as the leading bidders who submitted an excellent enbloc plots of land with the help of MCL Land. By 2017, Eunosville would be deemed as the fourth successful in terms of selling which first started as the 330 unit HUDC. It was thought that among the plot of lands and properties, the main cost being submitted was the 2nd highest gross since most developers find their interest about Singapore’s real estate, nevertheless the limitation imposed by Government Land Sales Programme wasn’t that enough for sustainance.
Before it became Parc Esta, it was first developed as Eunosville HUDC that’s facing towards the Changi Road and Sims Avenue. Floor plan and site plan of Parc Esta has full and unique amenities, including a guard house, clubhouse, function room, indoor gym, tennis court, 50m swimming pool, sun deck, BBQ pits & children’s play ground. This sort of facilities for condo units are giving you an excellent entertainment to spend time with the family. The tranquillity of life would be greatly appreciated here since the type of facilities that they have will calm your soul.
It was guaranteed that the land area where the Parc Esta Condo would be situated will derive more possibilities on investors. At that time of acquisition, Eunosville has a balance lease of 71 years left and the collective sale is timely for the residents as well because of the aging building structure. It had been forecasted that about 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 Location was once called Eunosville that was just a walk away from Eunos MRT Station. The collective sale is the Second highest ever achieved right after the sales of Farrer Court which is the present D’Leedon. The amount of the plot of land which was sold to Jardine Matheson Group is quite reasonable as what Analyst realized. Eunosville HUDC contain 255 maisonettes over Six residential unit blocks and 4 walk-up apartment blocks with 75 units. It was forecasted to gain around $1,700 – $1,750psf sales.
The MCL Land is a well-known property group in Singapore and has built different premium residential buildings under its name during the last Fifty years. From the Asian cities like Hong Kong, Singapore, Beijing, Jakarta, Hanoi, Phnom Penh, Macau, and Bangkok, it was just the Hong Kong Land and MCL Land which stand out on the market for property holdings for quiet long.