Land Parcel Parc Central Residences EC

Parc Central Residences EC @ Tampines Avenue 10

Parc Central Residences EC is an upcoming executive condominium that is located at Tampines Avenue 10, East Region of the island.  The site is bounded by Tampines Street 86, Tampines Avenue 10 and Tampines Avenue 5. It is in between The Alps Residences and also United World College of South East Asia (East campus).  The development is near to the established Tampines Regional Centre and Pasir Ris estate where many infinite possibilities await for the entire family. This plot of land was introduced in 2018 by Urban Redevelopment Authority (URA) as part of the Government Land Sales program (GLS) for 2nd half of 2018. The land plot has an estimated site area of 2.49 hectares and a gross plot ratio of 2.8. This 99 years leasehold development will yield approximately 695 private apartment units upon its completion.

The land parcel of Parc Central Residences EC has gotten a total of 7 biddings for its tender. Eventually the joint venture of Sunway Group and Hoi Hup Realty emerged as the winner with its highest bidding of S$434.4 million. This is translated to S$578 per square foot per plot ratio of the Gross Floor Area.

The second highest bidding was submitted by MCC Land Private Limited with the price tag of S$431.62 million. While the third highest bidding came from CDL Constellation Private Limited and TID Residential Private Limited with their bidding of S$414.29 million. The rest of the developers who took part in the tender include JBD Development Private Limited, Sim Lian Land Private Limited, joint partnership of Evia Real Estate Private Limited and a consortium that comprises of Creative Investment Private Limited, Capital Venture Private Limited, Santarli Capital Private Limited and Kay Lim Realty Private Limited.

This land parcel with has the potential of yield the maximum Gross Floor Area of 69,829 square metres offers developer the opportunity to construct a luxurious executive condominium development in the prime estate of the island. This locality of the land parcel is well linked to an abundance of amenities that are located short distances away. Future residents will be able to relish the easy accessibility to the first lifestyle and community hub of Singapore.  The Tampines Town Centre also houses a plethora of sporting and community facilities, shopping malls as well as educational institutions.

This land parcel is also well connected to the downtown core as well as different parts of the island via the comprehensive road networks and the nearby expressways. There are also MRT stations within the area.

Other developments that are within Parc Central Residences EC’s vicinity include The Tapestry, QBay Residences, the Arc at Tampines, the Waterview at Tampines, Treasure at Tampines, The Tropica, the Pinevale, the City Life at Tampines and The Tampines Triliant.

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With regards to facilities and amenities, there will be plenty of them in store for future residents of Parc Central Residences EC. The site is also located in a prime estate of the island state as here will continue to be investment worthy which is appealing to both Singapore residents as well as foreigners. For families, they will be looking forward to the conveniences here and appreciate staying in the estate as everything that is needed is just close proximity to their homes. This location is suitable for both the old and young.

With the Urban Redevelopment Authority’s implementation of the Master Plan, the Tampines estate will come with lots of enhancements and improvements. Generally, the Tampines estate provides a positive environment for its residents in terms of living and working. There is plenty of calmness in this estate which will offer its residents to have a harmonious life and balanced living.

This executive condominium is located in the excellent neighbourhood of Tampines which belongs to Singapore’s East Region. Tampines is also next to be established towns such as Pasir Ris, Changi, Bedok and Paya Lebar. The town is self-sufficient offering the amenities that are required by residents of Parc Central Residences EC. This is an ideal location which will offer residents comfort living.

Tampines estate is one of the areas that are most frequented by visitors largely due to this astonishing sights. Residents living in Parc Central Residences EC will get to relish the beautiful surroundings and close distances to the prominent parks. One of the parks in this vicinity will be the Tampines Eco Green where visitors will have amazing experiences in the arms of the nature.

There are also plenty of dining options in this estate. Residents will be able to find a plethora of bars, restaurants and cafes that are available in this vicinity. One of the attractions of Tampines will be its shopping amenities which Parc Central Residences EC’s future residents will be able to gain quick access to. There are also plenty of job opportunities with many offices and businesses located in the Tampines Town Centre which future residents can choose from to work near to their abodes.

In terms of transportation, the nieghourhood of Tampines is well connected. Future residents of Parc Central Residences EC can easily access to the close by amenities like education institutions with smooth and quick commuting. The estate is also easily linked to the downtown financial hub through the main arterial roads and expressways there.

This executive condominium development is also located near to the Tampines MRT Interchange Station and the Tampines West MRT Station. It is also close proximity to the future Tampines North MRT Station which will operate the MRT Cross Island Line. The nearby expressways will also allow residents to access to different regions of the island.

This excellent connectivity also offers Parc Central Residences EC’s future residents to get to the major downtown financial cores within minutes of driving.

The Tampines estate is also friendly for bicyclists as it is for car drivers. This estate is setting itself to be the first bicycling town in the country.  A National Cycling Plan has been drawn out which will be constructing an approximately 700 kilometres of cycling network by the year 2030. This network will comprise of the park connectors and cycling tracks in the towns of Housing Development Board. Tampines Town Councils has also allowed the paths to be shared by both pedestrians and cyclists which mean that future residents will be able to choose between the demarcated paths in accordance to their transport mode.

For every parent, it will be a dream to provide his/her children with the best education path so living in the residential estates which houses some of the top educational amenities will be an ideal choice. The Tampines estate will be able to provide the easy access to its many educational institutions in its vicinity. These institutions offers education programmes for different levels so parents will not need to worry when their kids reach different stages of their education paths. There are also various nurseries and kindergartens in this area which can offer good caring for the younger kids while their parents are away at work.

The Tampines estate is one neighbourhood that provides several retail amenities which will satisfy its residents’ needs. Future residents of Parc Central Residences EC will get to access these shopping malls that are conveniently located easily.  With several retail amenities in this area, future residents will not be running out of option. These malls will have numerous entertainment options, restaurants and fashion stores for residents to choose from.

There are 23 shopping malls that are just next to each other in Tampines Town Centre. Shoppers just need to head down to this cluster and will be able to get every single necessity they need. This cluster will also be an ideal destination for residents to have their family outing or gathering with friends and relatives.  The playgrounds available as well as the numerous entertainment facilities will make this cluster a good option for the families to go to during the weekends.

The area of Tampines is also what many considered a food heaven. Here visitors will be able to find the food centres, bars, cafes and restaurants that are located conveniently offer some of the best drinks and foods on the island. Parc Central Residences’ future residents will be able to get quick access 24/7 to great food at affordable prices. Most of these restaurants are also great destinations that are ideal for family celebrations and romantic dates as they offer great ambiances.

The Executive Condominium development is located in the established estate which offers easy accessibility to serene and tranquil settings with the park nearby. This estate is also an ideal choice to live in for those who love nature as these parks are just walking distances away. The Tampines Eco Green will be one the nearest park to this Executive Condominium development. This park will promotes eco-friendly sits on a land size of 36 hectares and visitors will be able to get to see the freshwater wetlands, picturesque pathways as well as amazing wildlife. The park also offers great birdwatching spots as well as numerous activities for visitors to engage in.

The Bedok Reservoir will be another exciting park in the vicinity for the residents in Tampines to head down too. There are numerous water sports activities offered here such as kayaking, wakeboarding and rowing. This park is also popular with anglers, joggers and other enthusiasts of water sports.  For those who wish to relax, they can just unwind on the benches that are placed conveniently and relish in the beautiful scene of the park. This park is also a great place for bird watching and visitors here can explore more than 14,000 types of wetland plants that are a mix of flora and fauna.

The Master Plan has indicated the injecting of more spaces for green for this area. The upcoming Boulevard Park and the Quarry Park will be some of these implementations that will allow this estate to offer more lush greenery and tranquility to its residents.

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About the Developer

Hoi Hup Realty Private Limited is a local based and also one of the front running real estate developers in Singapore. It was established in 1983 and has a diversified portfolio that comprises of private condominiums, clustered strata landed housings, executive condominiums and mixed usage developments. As of current, the company has successfully completed and delivered more than 7,300 exceptional homes.

The key element to Hoi Hup’s success will be the company’s passion to strive for excellence and its keen eye in the details. The company comprises of a team of specialists that are of highly skilled with extensive experiences in the property segment. The company has been developing innovative and quality homes that have passed the standards of the industry and exceeding its buyers’ expectations.

The approach of client focused of the company has allowed it to won numerous accolades and awards for its world class developments.

The dedication of the company to development sustainable and exceptional developments is shown in the company’s recent project which is Novena’s Royal Square. This 33 storeys high mixed use development comprises of retail shops, medical suites as well as a hotel which is of 250 rooms which is managed by renowned hospitality group, Marriot. This development is Hoi Hup’s first development to be bestowed the Green Mark Platinum Award from Singapore’s Building Construction Authority.

Other developments that Hoi Hup has done include Arc at Tampines, Lake Vista, Sea Esta, Sophia Hills, Hundred Palm Residences, Treasure Crest and the newly launched Parc Canberra EC.

Sunway Group was established in 1974. The group has risen to be one of Malaysia’s biggest conglomerates. The group has 2 business divisions with establishments of its presence in over 50 locations globally. The group’s core businesses include healthcare, retail, construction, education and property developments.

The group functions via its companies that are listed publicly i.e. Sunway REIT, Sunway Berhad and Sunway Construction Group to take on various projects. These 3 companies have a combined market capitalization totally to RM 17 billion. The company also goes into partnerships with the region’s other leading real estate developers in delivering exceptional developments in other countries also.

The efforts of the group in every one of its projects are in line with the Sustainable Development Goal by the United Nations. The company’s aim is to be development projects that will sustainably meeting the communities’ needs. The group’s ability to meet its objective is credited to its exceptional management as well as an expert team that understand every single thing of the industry.

The group has been accredited several awards from its immense contributions to Malaysia’s real estate segment. The company’s innovative retail, commercial and residential developments have also earned its customers’ trusts. The group has presences in China, India, Australia and Singapore. As of current, the company has successfully delivered more than 25,000 on its own and also via partnerships with the local developers.

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Parc Central Residences EC Site Plan and Facilities

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Amenities Near Parc Central Residences EC and Their Approximate Distances

Train Stations
Tampines West MRT (DT31) – 1.4km

Bus Stops
Opp Blk 871A (Bus: 69, 293, 2N, 118) – 0.2km

Supermarkets
Fairprice (Tampines CC) – 0.4km
Giant (Tampines 829) – 0.9km
Cold Storage (Tampines One) – 1.6km

Shopping Malls
Century Square Mall – 1.5km
Tampines One – 1.6km
Tampines Mall – 1.7km

Kindergarten
PCF SPARKLETOTS PRESCHOOL @ TAMPINES CENTRAL Blk 868A – 0.4km
PCF SPARKLETOTS PRESCHOOL @ TAMPINES CENTRAL Blk 725 – 0.5km
Cavenur Kindergarten – 0.5km
PCF SPARKLETOTS PRESCHOOL @ TAMPINES WEST Blk 887 – 0.7km
3House Kindergarten (Tampines) – 0.8km
PCF SPARKLETOTS PRESCHOOL @ TAMPINES CENTRAL Blk 856 – 0.8km
Darul Ghufran Mosque Kindergarten – 1.1km
PCF SPARKLETOTS PRESCHOOL @ TAMPINES WEST Blk 140 – 1.8km
Soka Kindergarten – 1.9km

Primary School
Poi Ching Primary School – 0.5km
Saint Hilda’s Primary School – 1.1km
Junyuan Primary School – 1.3km
East View Primary School – 1.4km
Tampines Primary School – 1.6km

Secondary School
Junyuan Secondary School – 0.5km
Springfield Secondary School – 0.7km
Saint Hilda’s Secondary School – 0.9km
Tampines Secondary School – 1.7km

Junior College
Tampines Junior College – 2.9km

Tertiary
Temasek Polytechnic – 1.2km

International School
United World College of South East Asia (East Campus) – 0.2km

Food Centre
Our Tampines Hub Hawker Centre – 1.2km
Blk 137 Tampines Street 11 Market and Food Centre – 2.0km

Lifestyle
Tampines Stadium – 1.4km
Bedok Reservoir – 1.7km
SAFRA Tampines – 1.8km


Highlights of Parc Central Residences EC

Transport Network
Parc Central Residences EC is approximately 1.4 km away from the Tampines West MRT Station. The station, which operates the MRT Downtown Line, started its operations in 2017. Future residents just need to travel 5 train stations towards the Bukit Panjang MRT Station direction to arrive at the Macpherson MRT Interchange Station where they could easily transit to the MRT Circle Line.

The development is also approximately 1.5 km away from the Tampines Regional Centre where the Tampines MRT Interchange Station and the Tampines Bus Interchange is located. There are also bus services available nearby which could connect future residents seamlessly to the Regional Centre.

For drivers, it will be 15 minutes’ away from the Central Business District (CBD) and also just approximately 15 minutes car drive to the Orchard Shopping Belt. Parc Central Residences EC is also short distances to major expressways such as the Pan Island Expressway (PIE) and the Bartley viaduct.

Amenities
There are many shopping, dining and leisure amenities that can be found at the Tampines Regional Centre. Future residents can have their retail therapies at the 3 shopping malls located at the Regional Centre, namely Century Square Mall, Tampines One and Tampines Mall.

The Tampines Regional Centre also hosts Our Tampines Hub, the first-ever integrated community and lifestyle hub that brings together multiple agencies to offer a comprehensive and diverse range of services, programmes and facilities. Future residents can have their recreational activities at the hub at its swimming complex, regional library and other sports facilities. Our Tampines Hub also has a food centre at its premises. Future residents can get their local delicacies fix at this 40 food stalls centre which operates 24 hours.

Other nearby shopping and dining choices includes IKEA Tampines, Giant Hypermarket and Courts Megastore. Future residents can also enjoy the water sports offered at the nearby Bedok Reservoir Park.

Schools
Schools that are nearby include Poi Ching Primary School, Saint Hilda’s Primary School, Junyuan Primary School, East View Primary School, Tampines Primary School, Junyuan Secondary School , Springfield Secondary School, Saint Hilda’s Secondary School, Tampines Secondary School and Temasek Polytechnic.

To summarize,

  1. Serenity – It is located in the quiet private residential enclave.
  2. Lush Greenery – It is close to Tampines Quarry.
  3. Accessibility – It is just a short drive away from the PIE.
  4. Family Living – It is close to many reputable schools.
  5. Recreation – It is near to many leisure amenities.

Parc Central Residences EC Factsheet

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Things to Note When Buying an Executive Condominium:

1. Eligibility to buy Executive Condominium
2. Executive Condominium Housing Scheme
3. Comparison on Mortgage Rate

Thank you for your interest in Parc Central Residences EC!

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