Land Parc Greenwich EC

Parc Greenwich EC @ Fernvale Lane

Parc Greenwich EC is an upcoming Executive Condominium development that is located in Yio Chu Kang Planning Area, District 28, North-East Region of the island. The site is bounded by Sengkang West Road, Yio Chu Kang Road and Fernvale Lane. It is opposite of Greenwich V which sits along Yio Chu Kang Road and also next to the upcoming Fernvale Acres, a Built To Order (BTO) by the Housing Development Board (HDB). The land parcel was introduced in 2018 as one of the sites under reserve list for the Government Land Sales program.  It was subsequently put on to the confirmed list for the 2nd half of the Government Land Sales program as the only Executive Condominium land parcel for sale. Parc Greenwich EC has an approximately site area of 1.87 hectares and with a gross plot ratio of 2.8 which works out to a maximum gross floor area (GFA) of 47,964 square metres.

The land parcel, which is located strategically in Fernvale Lane which is along the main Yio Chu Kang Road which is in the north-eastern region of the island, was awarded to Frasers Property Limited, Its winning bid submitted at the tender was the highest at $286.5 million which is translated to the approximately $555 per square foot per plot ratio.

Coming in next will be a joint bidding of Sing Holdings and MCC Land which was very close at $285.1 million which was translated to $552 per square foot per plot ration. A total of 7 biddings was received which include a Evia Real Estate led partnership coming in on the last spot at approximately $500 per square foot per plot ratio.

Upon completion, it will house an approximate of 480 housing units. Other developments that are within Parc Greenwich EC’s vicinity include private residential developments such as The Garden Residences, Affinity at Serangoon and The Florence Residences as well as executive condominiums such as Ola EC and Piermont Grand EC.

Although the site is situated in the suburban of the island in District 28 which belongs to the Outside Central Region (OCR), it is not compromised to essential amenities that are within short walks from the development. Some of these amenities include the LRT station, educational facilities, retail facilities as well as healthcare facilities. This development also offers great connectivity which it future residents can get easy accessibility to the downtown within short driving period.

With its short distances to facilities and amenities and coupled with the upcoming development plans that the Urban Redevelopment Authority (URA) has installed for the north-eastern part of Singapore, it will not be a surprise for Parc Greenwich EC’s demand to be popular among home buyers. Another factor for this will be it will be the reputable of its developer which has huge enjoy great successes in its other developments.

The area surrounding Parc Greenwich EC also allow it to offer exclusive greenery of the suburban. This development offers an excellent chance for those middle income families to get an abode in a convenient location which also offers a tranquil environment. The development is being in the heart of a growth area which will be transforming this area to a family oriented and friendly residential region on the island.

When it comes to accessibility, it will be the last to worry for future residents of Parc Greenwich EC. Upon completion of the future developments, they will get to enjoy the essential amenities and facilities close to the doorsteps of their homes. There will be also renowned top global companies such as the likes of Rolls-Royce and GE Aviation which are scheduled to set up their offices close to its vicinity. This actually opens up new career opportunities for future residents who wish to work close to their homes.

Owning a piece of Parc Greenwich EC will not just offer a chance to have an ideal home but also an opportunity to own a great investment asset. With the upcoming development installed of this area of the North East, it will better enhance on the connectivity as well as bringing more amenities not just in Parc Greenwich’s neighbourhood but its surrounding areas as well. With all these, it is set to increase for housing demands here which will potentially enhance on the values of the homes here.

Future residents will be glad to find the conveniences offer in this area. Although the development is located out of the downtown core, it still offers great accessibility to the nearby townships as well as main areas of the island. The site is located in the area which is of high growth and offers easy accessibilities to the amenities which are essential to the residents. There are also upcoming housing estates just stone throws away which means that more conveniences for future residents. These housing estates will house facilities and mentis such as childcare centres, supermarkets, coffeeshops, shops and etc. The development is also not far away from the Punggol Town Cente which has community facilities such as community club, hawker centre, public library, shopping mall and many more.

Also as this is a family oriented neighbourhood, accessing to good educational facilities will be short and easy. For those who young kids and thinking to start a family, they will have many choices to pick a good school of the many located in this vicinity. The residents will also get to enjoy beautiful surroundings of this neighbourhood. They need not travel out to enjoy a tranquil and peaceful environment right at their homes.  Future residents can also have short getaways to relax and unwind at the renowned Coney Island which is just short distance away.

Practically any essential facility and amenity one can think is readily available in the surrounding of Parc Greenwich EC. The development is also a short drive from the Seletar Airport and the Seletar Aerospace Park which offers career opportunities. All these make the Parc Greenwich a place where one can get to work, live and play.

The connectivity here is also excellent given its comprehensive transportation network. There are major arterial roads just right at the doorsteps of the development linking to major expressways which will offer seamlessly traveling. The nearby LRT station, which is minutes’ walk away, will also allow commuting to be more efficient around the neighbourhood. This LRT rail will also interconnect to the MRT Station and Bus Interchange which will link to wider public transport network. There are also bus services nearby which will bring future residents directly to the MRT Station.

Parc Greenwich will also be ideal for nature lovers as it is near to numerous park connectors and public parks. There many outdoor facilities for them to engage in their activities. No weekends will be boring for them.

With just 15 minutes’ walk away from the development will be the popular Sengkang Riverside Park. Running through the park will be the Sungei Punggol or Punggol Reservori which play a part in the park’s calming and tranquility environment. There is also a man-made wetland and coupled with its wide array of biodiversity, this park is definitely a favourite for them.

The development is also close to the Sengkang Sculpture Park which is located in the nearby Sengkang Centre. This park, which is approximately 24,000 square metres in size feature playground that has sculptures with sizes that are “larger than life”. Future residents will be get opportunities for interactions with the spaces and sculptures created which create their personnel experiences either they are young or old. They can also engage in activities the park held such as aerobics and dancing.

About the Developer

Frasers Property is an arm of Fasers Centrepoint, which has history of more than 40 years. The company is one of the top most renowned and established real estate firms in Singapore.

The Parc Greenwich will be the company’s first executive condominium project after 5 years, with their successfully launched of Parc Life EC, which is situated in the Sembawang estate. Other executive condominium developments that the company had previously undertaken include Punggol’s Twin Waterfalls as well as Esparina EC which is located opposite of the upcoming Sengkang Grand Residences.

The company operates globally and manages, develops, owns a integrated diverse property portfolio. The firm’s headquarter is based in Singapore and has be listed on SGX’s mainboard. As of September 2020, the company’s assets totaling to almost S$38.7 billion which comprise of business parks, commercial, logistics, industrial and residential spaces in China, Southeast Asia, Australia as well as Europe.

The company’s hospitality division also owns and operates serviced apartments and hotels in over 20 countries and 70 cities that span over the Middle East, Europe, Australia, Africa and Asia.

Back in Singapore, it is ranked one of the top private real estate developers as well as one of the biggest landlords for shopping malls. The company has 11 offices and business properties, 12 retail malls and completed more than 18,000 private residential units. Some of the company’s private residential projects include Seaside Residences, Riviere and North Park Residences.

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Project Update: Pending Approval for Sale


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Parc Greenwich EC Site Plan and Facilities

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Amenities Near Parc Greenwich EC and Their Approximate Distances

Train Stations
Fernvale (SW5) – 0.8km

Bus Stops
Bef Sengkang West Rd (Bus: 163) – 0.1km
Aft Sengkang West Rd (BusL 163) – 0.1km

Supermarkets
Cold Storage (Greenwich V) – 0.1km
Fairprice (Jalan Kayu) – 0.5km
Giant (Buangkok Crescent Blk 982) – 1.4km

Shopping Malls
Greenwich V – 0.1km
The Seletar Mall – 0.8km
Hougang 1 – 1.8km

Kindergarten
PCF SPARKLETOTS PRESCHOOL @ SENGKANG SOUTH Blk 443 – 0.6km
Brain Buttons Kindergarten – 0.6km
MOE Kindergarten @ Sengkang Green – 0.8km
PCF SPARKLETOTS PRESCHOOL @ SENGKANG WEST Blk 436D – 0.9km
Chatsworth Kindergarten – 1.5km
PCF SPARKLETOTS PRESCHOOL @ ANG MO KIO-HOUGANG Blk 970 – 1.6km
MRC Kindergarten (Serangoon North) – 1.7km
PCF SPARKLETOTS PRESCHOOL @ ANG MO KIO-HOUGANG Blk 929 – 1.9km
Jenius Kindergarten (Hougang) – 2.0km
PCF SPARKLETOTS PRESCHOOL @ JALAN KAYU Blk 518 – 2.0km

Primary School
Fernvale Primary School – 0.5km
Sengkang Green Primary School – 0.8km
Hougang Primary School – 1.8km
Rosyth School – 1.8km
Anchor Green Primary School – 2.0km

Secondary School
Pei Hwa Secondary School – 0.8km
Hougang Secondary School – 1.9km

Junior College
Anderson Junior College – 2.8km

Tertiary
James Cook University Singapore (Ang Mo Kio Campus) – 2.1km

International School
Lycee Francais De Singapour – 1.9km

Food Centre
Ci Yuan Hawker Centre – 2.1km

Lifestyle
Dedap Place Playground – 0.1km


Highlights of Parc Greenwich EC

Transport Network
The site is approximately 800 m away from the Fernvale LRT Station. This LRT station which operates the Sengkang LRT line is just 4 stations away from the Sengkang MRT/LRT Interchange Station, where future residents will be able to transit to the MRT North East Line available at the MRT/LRT Interchange station. From the Sengkang MRT Station, future residents just need to travel 4 MRT stations to arrive at the Serangoon MRT Interchange Station where they could easily transit to the MRT Circle Line. From Sengkang MRT Staiton, it will also take future residents approximately 25 minutes’ traveling time to arrive at the Dhoby Ghaut MRT Interchange Station which is located in Orchard Road. The Dhoby Ghaut MRT Interchange Station also operates the MRT Circle Line and also the MRT North South Line.

For drivers, it will take them approximately25 minutes’ drive to the Central Business District (CBD). For those who wish to indulge in endless shopping and entertainment facilities available at Singapore biggest shopping district, Orchard Road, it will take them approximately 20 minutes’ drive to arrive there. The development is also near to nearby main arterial roads will also lead future residents to the Tampines Expressway (TPE) as well as the Central Expressway (CTE).

Amenities
Parc Greenwich EC is just next to Greenwich V, a mixed residential and commercial development which has a number of retail and food and beverages amenities. Future residents can also get their daily groceries and daily necessities at the supermarket in Greenwich V. Future residents can also take a short drive down to the Seletar Mall which just next to the Fernvale LRT Station. This mall is very popular with the residents of Sengkang New Town. It comprises of 4 levels and 2 basements of retail spaces and with many retails outlet, F&B outlets, supermarket as well as a cinema. Future residents will be able to fulfil their dining, shopping and entertainment needs right at the mall. The development is also a short drive away from Ren Ci Hawker Centre where future residents can get cheap and delicious local food from.

Schools
For those who dislike sending their children to schools that are far from their homes, then Parc Greenwich will be the ideal choice. There are many schools nearby, their kids can choose to be in which translate to lesser morning peak traveling hours, lesser expenses in transportation, lesser wastage of time and most of all lesser worry on the child’s safety. Kids will also be more willing to study near to their homes and this will beneficial for parents as well with lesser delays to get to work. The development is close to Fernvale Primary School, Sengkang Green Primary School, Hougang Primary School, Rosyth Primary School, Anchor Green Primary School, Pei Hwa Secondary School and also Hougang Secondary School.

To summarize,

  1. Serenity – It is located in the quiet private enclave.
  2. Convenient – It is just next to Greenwich V.
  3. Good Quantum – It is reasonably priced.
  4. Accessible – It is minutes to the CBD and Orchard.
  5. Family Living – It is near to many schools.

Parc Greenwich 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 Greenwich EC!

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