Park Nova

Park Nova @ Orchard Boulevard

Park Nova is an upcoming residential development that is located in the prime area of Orchard, District 9, Core Central Region of Singapore. The site is in the junction of Tomlinson Road and Orchard Boulevard. It is next to Hana and opposite of Kum Hing Court which is right across Orchard Boulevard. Future residents can have the absolute pleasure of living along Orchard Boulevard, one of the world’s most sought-after and prestigious pieces of real estate but yet still feel entrenched within tropical lushness.

The site of Park Nova had previously belonged to Park House, a 60 unit development that comprises of 56 apartments and 4 shop units. The freehold site has an approximately plot size of 4281 square metres with a gross plot ratio of 2.8. It was successfully acquired by Shun Tak Cuscaden Residential, a wholly owned subsidiary of Hong Kong listed developer, Shun Tak Holdings in a collective sale exercise in 2018. This freehold development’s position include its prominent but yet exclusive location, accessibility to Orchard Road shopping belt and also short radius to upcoming MRT station. It is also close to Four Seasons Hotel and The St. Regis Hotel and Camden Medical Centre.

Other developments that are within Park Nova’s vicinity include 3 Orchard By-The-Park, 19 Nassim Condo, Cuscaden Reserve, Eden Condo Draycott, St Regis Residences, Grange 1866, 120 Grange, Gramercy Park, New Futura, TwentyOne Angullia Park, Orchard Residences, The Nassim, Cliveden @ Grange, Ardmore III, Skyline @ Orchard Boulevard and Paterson Collection.

Situated amongst the much more discreet and exclusive boundaries of the Orchard Shopping District, Park Nova will be the ideal address for anyone looking for a refined realm in that is abundance in lifestyle amenities and experiences. With the top premium hotels of the Regent Hotel, Four Seasons Hotel and the St. Regis Hotel, right at its next door, living in a premium neighbourhood will be never before holding so high promises.

Future residents can look forward to living nearer to the pulse of the city than never before within a exclusive neighbourhood comprising of stylish fashion boutiques, restaurants with Michelin star, private clubs and International hotels right at their doorsteps.

There will be an upcoming MRT Station that is approximately just 2 minutes’’ walk from the development which future residents will be able enjoy the convenient connectivity and accessibility to the top best this cosmopolitan has to offer to them from the prestigious universities and schools, medical centres to globally renowned cultural and arts facilities.

The Orchard Shopping Belt has been one of the top most famous retail havens internationally. Also with the remarkable plans installed to further develop this shopping street as well as its neighbourhood estates into a world renowned destination for lifestyle that is rich in shopping, cultural, entertainment and arts experiences, future residents can definitely be certain that this will be the sought after address which will be remained as a prized investment in real estate. The recognition of being on the of world’s most premium address, the properties in this neighbourhood between Orchard Boulevard and Orchard Road will be regarded as first-class prime real estate assets that will command some of the top rental yields in Singapore.

The Orchard Retail Haven has also undergone some significant transformations over time. From its humble beginning that was dated back more than 150 years ago to its current status as a world class shopping street. Orchard started as a small lane that was bounded by orchards, pepper farms and nutmeg plantations. It humble beginning starts to transform in the 1850s as population here started to increase which came with the developments of hawker centres, laundry basins, wet markets and temples together with all other essential amenities. At the start of the 20th century, the first supermarket in this colony began its operations in Orchard Road. The development of this neighbourhood continued and in the 1970s, bigger shopping malls, bowling alleys and cinemas started established in this estate which has improved significantly the reputation of here as being a renowned entertainment centre.

Today, this shopping belt is filled with top notch hotels, restaurants and shopping malls it is also a popular destination for major festive events to be hosted here. It also housed numerous global designer labels stores as well as ethic places that contained mementos of different cultures. Whether it is looking for homeware, clothing, souvenirs, accessories, shores, etc, one will be able to find anything needed at the shopping centres and retail stores here. With Park Nova located just a short walk from it, this world class shopping street will become a global vibrant destination with its numerous shopping malls as private residential developments.

It is also good to take note that in a rising property market, those developments that reside in the core of the metropolis might be presented as a better choice as there will be higher return for any potential collective sales. One of the factors will be that private developments that are in great locality typically will not be affected by its age. This is especially true for those with freehold tenures.

About the Developer

Shun Tak Holdings is a front running conglomerate that is listed with primary focuses in the investment, hospitality, transportation and property sectors. The company is founded in 1972 and has been listed on the Stock Exchange of Hong Kong in 1973.

The company has successful and prominent track record in Hong Kong and Macau real estate sectors. It has one of the biggest floor areas that are developable in Macau amongst listed firms in Hong Kong. The company also plays an important role in Macau’s real estate segment with numerous real estate projects as well as its increasing presence in Greater China with various investments in Kunming, Tianjin, Zhuhai, Shanghai and Beijing.

The company’s also expanded its operations to Singapore via acquiring of upscale properties located in the Core Central Region while building a all-round portfolio that comprises of residential, commercial and hotel developments.

The group owns 111 Somerset, is a top notch commercial project that is located strategically in the Orchard Shopping Belt and is bounded by prime tourism, entertainment and shopping amenities with direct access to the MRT.  111 Somerset has approximately 766,550 square feet that comprises of medical suites, office spaces as well as 2 storeys of shopping podium.

In 2018, the company acquired 2 premium residential sites in the heart of Orchard for development, i.e. Park House (which is renamed Park Nova) and 14 Nassim Road (which is renamed to Les Maisons Nassim).

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Park Nova Location Map

Park Nova Site Plan and Facilities

Park Nova Site Plan 1 Park Nova Site Plan 2

Amenities Near Park Nova and Their Approximate Distances

Train Stations
Orchard Boulevard MRT (TE13) Thomson-East Coast Line Due 2021 – 0.3km
Orchard (NS22 TE14) Thomson-East Coast Line Due 2021 – 0.7km

Bus Stops
Bef Tomlinson Rd (Bus: NR8, 7, 77, 105, 106, 111, 174, 174e, 123, 132) – 0.2km
The Regent S’pore (Bus: 36, 36A, 36B) – 0.2km

Fairprice (Scotts Square) – 0.9km
Tanglin Market Place – 1.0km
Giant (Redhill 86) – 1.7km

Shopping Malls
Tanglin Place – 0.2km
Tudor Court Shopping Gallery – 0.2km
Tanglin Mall – 0.3km
Tanglin Shopping Centre – 0.3km
Forum The Shopping Mall – 0.4km
Delfi Orchard – 0.5km
Hilton Shopping Centre – 0.5km
Far East Shopping Centre – 0.5km
Claymore Connect – 0.5km
Palais Renaissance – 0.6km

Gracefields Kindergarten – 0.4km
Wee Care Kindergarten – 0.4km
Little Raindrops Montessori Pre-School – 0.4km
ittle Hands Montessori Kindergarten – 0.4km
Kay Poh Road Baptist Kindergarten – 0.9km
JHS Montessori Kindergarten – 1.2km
White Lodge Kindergarten (Phoenix Park) – 1.4km
St. James’ Church Kindergarten (Harding) – 1.5km
Far Eastern Kindergarten – 1.9km

Primary School
Alexandra Primary School – 1.4km
River Valley Primary School – 1.6km
Anglo Chinese Junior School – 1.8km
Singapore Chinese Girls’ Primary School – 2.0km
Anglo Chinese Primary School – 2.0km

Secondary School
Crescent Girls’ Secondary School – 1.5km
Gan Eng Seng Secondary School – 1.6km
Queenstown Secondary School – 1.8km
Singapore Chinese Girls’ Secondary School – 2.0km

Junior College
Catholic Junior College – 2.6km

National University of Singapore (Bukit Timah Campus) – 1.9km
PSB Academy Campus @ Delta – 1.9km

International School
ISS International School (Elementary and Middle School Campus) – 0.6km
Norwegian Supplementary School 0.7km
Finnish Supplementary School 0.7km
Swedish Supplementary Education School – 1.3km
Chatsworth International School (Orchard Campus) – 1.4km
Dimensions International School (City Campus) – 1.9km
Chinese International School – 1.9km

Food Centre
Zion Riverside Food Centre – 1.4km
Beo Crescent Market and Food Centre – 1.7km
Havelock Food Centre – 1.8km
Blk 79 Redhill Lane Market Centre – 1.9km
Blk 85 Redhill Lane Food Centre – 2.0km

The French Chamber of Commerce in Singapore – 0.6km
The American Club – 0.9km
Tanglin Golf Course Country Club – 1.0km
Tanglin Club – 1.0km
The Pines Club – 1.2km
Stardus Clubhouse – 1.9km

Highlights of Park Nova

Transport Network
Park Nova is approximately 300 m away from the upcoming Orchard Boulevard MRT Station. The station which will operate the MRT Thomson East Coast Line, is scheduled to be completed in year 2021. The MRT Line will connect future residents seamlessly to the upcoming Shenton Way MRT Station which is located right in Singapore’s financial district. It is also 1 station away from the Orchard MRT Interchange Station where future residents can transit to the MRT North South Line. Future residents can also transit to the MRT Downtown Line located at the Stevens MRT Interchange Station which is just 2 stations away. For those driving, the development is just approximately 8 minutes away from the Central Business District (CBD). Park Nova is also easily accessible via the Central Expressway (CTE) which is just a short distance away. All these conveniences mean that connecting to other parts of the island will be made even more effortless.

The development lies in Orchard Road, the exclusive centre of the island’s diplomatic enclave where iconic retail destinations as well as the top names in luxury hotels, all spread out along this world-famous tree-lined lifestyle corridor. This 2.2 km long shopping district, flanked by iconic shopping malls, restaurants and hotels, choc-a-bloc with retail, dining and entertainment choice, is a great place for retail therapy. The fashion favourites, specialist stores and loads of other lifestyle choices will provide future residents with endless shopping, dining and entertainment options. Park Nova is also a mere stroll away from the UNESCO World Heritage Site of the Singapore Botanic Gardens. The highly regarded prime central location also means that the sights, sounds and sensations of Singapore are practically on its future residents’ doorstep.

Some of the nearby shopping malls within Park Nova’s walking distances include the Tanglin Mall, Forum the Shopping Mall and Wheelock Place.

The Tanglin Mall is situated strategically at the intersection of the Grange Road and the Tanglin Road. With its eclectic settings of tropical and colonial architectural design, this retail mall is a reflection of comfort and warm ambience. It is a niche mall that attracts professionals, yuppies and expatriates.
This one-stop 4 levels high lifestyle shopping venue is home to more than 90 services, restaurants and shops. The mall is also catered to an affluent class of residents in the vicinity estates that amounts to around 1 million populations. Its main tenants include a gourmet supermarket and a food court. Patrons can also indulge in exciting offers here like Paul Bakery, Smiggle, Yantra Restaurant, Brunetti, Starbuck Coffee, Caffe Beviamo, Patara Thai Cuisine and Pano Kato. They could also find various services and speciality here that will cater to each of their fancy and whim, from laundry service, edutainment, toys, baby care, maternity care, dental services, hairdressing, hobbies, leisure, sports and fashion.

Forum the Shopping Mall is a lifestyle destination that is family centric and is home to a unqiue blend of eateries and retail stores. Situated in the main shopping belt of Singapore, This mall is just a short 6 to 7 minutes’ walk from Park Nova. This mall comprises of approximately 110,000 square feet of retail spaces that spans over 5 levels. It houses more than 60 specialty shops that will cater to the needs of future residents who are sophisticated as well as those who have young kids.

Other that the stores that are catered to the children, there is also a wide array of fashion lines, pediatric clinic, education centres and F&B outlets that can be found here. Future residents who are fashion savvy can chose from the global fashion brand here such as Issey Miyake, Pleats Please and Calvin Klein. Those who are looking for new ideas can also find labels such as Comme des Garcons, Alexander McQueen, Helmut Lanf and Ance here. For kid’s fashion, there is Kids21 and Bonpoint. After done with their retail therapies, future residents can have their appetites satisfied with the shopping mall’s restaurants and cafes such as The Benjamins, Uma Uma Japanese Ramen, Jamie’s Italian. The mall also has other lifestyle stores such as hair and nail salon, hair salon, beauty salon and personal care shops.

This Wheelock Place will meet each demand of Park Nova’s future residents. It has 7 levels of spaces has houses some of the finest retail shops, dining outlets and services. Some of its major tenants include Sun with Moon Japanese restaurant, Shinagawa Eye Care Centre as well as Marks and Spencer departmental store. On top of its shopping podium will be the office block which houses some of the top multinational corporates.

Schools that are within Park Nova’s vicinity include Alexandra Primary School, River Valley Primary School, Anglo Chinese Junior School, Singapore Chinese Girls’ Primary School, Anglo Chinese Primary School, Crescent Girls’ Secondary School, Gan Eng Seng Secondary School, Queenstown Secondary School and Singapore Chinese Girls’ Secondary School. It is also near to international schools such as ISS International School (Elementary and Middle School Campus), Norwegian Supplementary School, Finnish Supplementary School, Swedish Supplementary Education School, Chatsworth International School (Orchard Campus), Dimensions International School (City Campus) and Chinese International School.

To summarize,

  1. Convenience – It is just minutes’ walk to Orchard which the prime shopping area in Singapore.
  2. Locality – The future upcoming Orchard Boulevard Train Station will be provide efficient commuting for its future residents
  3. Well Linked – It is located in the prime area which has a comprehensive transport network making driving a breeze to islandwide.
  4. Prestigious Address – It is located in the most prestige Orchard area.
  5. Potential Gain – The upcoming Orchard Boulevard Train Station is likely to boost its price in the future.

Park Nova Factsheet

Park Nova Factsheet

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Things to Note When Buying a Property:

1. Stamp Duty
2. Loan to Value Limit
3. Total Debt Servicing Ratio
4. Comparison on Mortgage Rate

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