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A Successful En-Bloc in Eunosville

Brought to You by MCL Land

Only 100 metres walking distance to
Eunos MRT Station
Potentially 1,400 residential units
Catering to Your Choices!

PARC ESTA

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PROJECT DETAILS

 
 

MCL Land won the collective sales at Old Eunosville in the 2nd quarter 2017. This land parcel is bounded by Sims Avenue, Changi Road, Jalan Eunos and Jalan Ubi. It has a site area of 376,713 square feet and is expected to house approximately 1,400 residential apartments. 


New Condo next To Eunos MRT- Parc Esta

 

New Condo at Eunos, former site of Eunosville- Connectivity
Residents of new and upcoming condo at the former site of Eunosville can be served by the Eunos MRT Station, serving the East-West Line which is just at the door step of the new condo. It is great coneveniece as the condo is lcoated next to the bus interchange as well.

From Eunos MRT station, it is
4 stops to Changi Business Park, Expo and Changi City, and
5 MRT stops to Changi Airport.

Travelling to the West, it is
3 MRT stops to Kallang Sport Hub,
5 MRT stops to Bugis and
6 MRT stops to City Hall.

For those who drives, within mins to the North, residents of New Condo at Eunos will reach Paya Lebar Central where residents can find bustling activities, and PIE (Pan Island Expressway) is just nearby to connect residents to the Expressway Network. Heading South to Still road, Marine Parade is only 5 minutes away. From here residents will have easy access to East- Coast Parkway (ECP) which brings them to Central Business District (CBD), City Centre and Marina South, Marina Bay.


New Condo next to Eunos, former site of Eunosville- Amenities
Future residents of New Condo at Eunos can take short drive down to East Coast Road where shops, F&B outlets and supermarket are located. Alternatively, they could take a short drive down to Marine Parade Town Centre where heartland retails, market and food centre are located. Marine Parade Town Centre also host the Parkway Parade Shopping Centre, 112 Katong where many dining, shopping and entertainment options are available to choose from. There are several nice eateries along East Coast Road as well which are a short drive away from new condo development in former Eunosville. 

For those who enjoy outdoor activities, Kallang Riverside Park and East Coast Park are the choice for them. Future residents of New Condo at Eunos can have water sports, jogging or cycle at the Park. There are also many clubs nearby which the residents can enjoy, this include Singapore Badminton Hall, Geylang Stadium, Kallang Netball Centre, Kallang Squash & Tennis Centre, Singapore Cricket Association, Singapore Swimming Club and PWD Sport Club. As standing just next to Eunos MRT Station, residents can have the great convenience of travelling to Singapore Sports Hub.


New Condo next to Eunos, former site of Eunosville- Education
New Condo at former site of Eunosville is near to Eunos Primary School, Haig Girls; School, Tanjong Katong Primary School, Telok Kurau Primary School, CHIK Primary School (Katong), Kong Hua School, Maha Bodhi School, Saint Stephen School, Tao Nan School. Parents who are looking for International school nearby Cassia Edge. Canadian International School (Tanjong Katong Campus) and Chatsworth International School (East Campus) are two International schools.

 

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Project  Sims Avenue New Condo at the former site of Eunosville
Developer  MCL Land
Location  Changi Road, Sims Avenue
District  14
Tenure  99 years leasehold
Site Area  34,997 square metres/ 376,713 square feet
GFA:
Plot Ratio  2.8
Expected TOP:
Total Units  Approximately 1,400 residential apartments
Total Carpark
Development  Condo comprising of communal facilities
Unit Type:
Architect
Eligibility SC/ SC, SC/SPR and Foreigner can buy
 
 
Eunos New Condo Unit Mix Distribution
Unit TypeTypeArea (Square Feet)Total No. of Units
1 Bedroom TBA TBA TBA
2 Bedroom TBA TBA TBA
3 Bedroom TBA TBA TBA
4 Bedroom TBA TBA TBA
5 Bedroom TBA TBA TBA
Penthouse TBA TBA TBA
Eunos New Condo Facilities
TBA
  • TBA
  • TBA
Eunos New Condo Price List
Unit TypeArea (Square Feet)PricingPSF
1 Bedroom TBA TBA TBA
2 Bedroom TBA TBA TBA
3 Bedroom TBA TBA TBA
4 Bedroom TBA TBA TBA
5 Bedroom TBA TBA TBA
Penthouse TBA TBA TBA

LOCATION and AMENITIES

Eunosville

Amenities Near New Condo at former site of Eunosville

Category Important Amenities Near New Condo at former site of Eunosville Approximate Distance
Train Stations Eunos (EWL) 0.21km
Bus Stop

Interchange (Bus: 2, 7,13,21,24,26,28,30,30E,51,60,61,63,63M,67,93,94,150,155)
Kampong Ubi CC (Bus 76, 154)
Eunos MRT (2N, 15,21,25,51,55,60,61,63,63M,93,94,854,966,NR7)
After GE Life Centre (Bus:2, 7,13,21,24,26,28,30,30E,51,60,61,63, 63M, 67, 93, 94, 15-, 155, NR7)

0.11km
0.28km
0.4km
0.9km

Supermarkets

Fairprice (Block 5 Eunos Crescent)
Fairprice (Joo Chiat Complex)
Sheng Shiong (57 Tanjong Katong Road)
Giant Super - JK Centre
Giant Super - Tanjong Katong Complex
Giant (Parkway Parade)
Cold Storage (Katong Mall)

0.39km
0.6km
1.0km
0.9km
0.98km
1.86km
1.41km

Shopping Malls

Paya Lebar Square
112 Katong
Parkway Parade

1.0km
1.5km
2.0km

Education Institutions Preschool
Primary

Eunos Primary School 
Haig Girl's School
Tanjong Katong Primary School 
Telok Kurau Primary School 
CHIJ Primary School (Katong)
Kong Hwa School 
Maha Bodhi School 
St Stephen's School
Tao Nan School

0.77km
0.68km
1.42km
1.75km
1.52km
1.78km
1.22km
1.66km
1.69km

Secondary

Bedok North Secondary School 
Tanjong Katong Girls School
Tanjong Katong Secondary School 
Telok Kurau Secondary School 
Chung Cheng High School
Manjusri Secondary School 
St Patrick's Secondary School 
NorthLight Secondary School

1.99km
1.28km
1.27km
0.34km
1.87km
1.13km
1.85km
1.73km

Junior College
Victoria Junior College
Temasek Junior College
Tertiary
International
1.8km
Food Centre

Food Centre/ Market - 30 Eunos Rd 5 
Food Centre/ Market - 4A Jalan Eunos
Food Centre - 27 Eunos Rd 2
Geylang Serai Market

0.7km
0.4km
0.7km
0.5km

Lifestyle Kampung Ubi Cc 0.2km

FACILITIES SITE and FLOOR PLAN E-BROCHURE

The Facilities and Site plan of new condo launch at Eunos, the former site of Eunosville, are currently seeking approval from relevant authorities.

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CENTRAL GEYLANG MASTER PLAN OVERVIEW

Geylang Serai Master Plan 2

Geylang Serai Master Plan

Located at the City Fringe, Geylang and Marine Parade are both well developed and highly accessible residential areas with a rich heritage. Residents can expect new and enhanced facilities, better transport connectivity and more opportunities to work near home. 

New Condo at Eunos, Former site of Eunosville- Housing- Better living through a better environment
With a good range of amenities and proximity to the City and East Coast Park, Geylang and Marine Pararde are highly popular housing locations. Future residents will have more choices as these are two mature towns get rejuvenated in the coming years. More facilities will also be added to serve the needs of the growing community.

  • A new civic centre, Wisma Geylang Serai precint by 2017 to house a mix of community, cultural and art-related facilities.
  • A new future nursing home at Geylang East Central will be built to meet the needs of the elderly.
  • More retail options will be available at Paya Lebar Central.

New Condo at Eunos, Former site of Eunosville- Leisure- New reasons to be outdoors
Those living in Geylang and Marine Parade do not have to travel far for their daily doze of the outdoors. Not only do they have access to a number of East Coast Park within reach, they also have access to a number of smaller parks and an extensive networks of park connectors. By 2030, most residents will be living just 400 metres of a park or park connector as greening efforts continue.

  • More neighbourhood parks will be provided at various locations
  • A new park connector will be built between the Paya Lebar and Eunos MRT Stations with a future extensions towards Geylang River.

Other developments that will further promote outdoor activities include:

  • An expansion of the cycling network
  • Improvements at Geylang River under PUB's active, beautiful Clean (ABC) Waters programme. For instance, the existing concrete canal from Dunman Road to Gillemard Road will be enhanced with more greenery and new communal spaces.
  • The upgrading of Haig Walk under the Estate Upgrading Programme (EUP).

New Condo at Eunos, Former site of Eunosville- Transport- Quicker ways to travel
Residents in Geylang and Marine Parade can expect smoother and faster journeys with the following enhacements to the roads and public transport networks.

  • The Downtown Line (DTL) will have 3 new MRT Stations serving the Geylang areas by 2017, namely Mattar, Macpherson and Ubi. Macpherson will also be an interchange station connecting with the Circle Line
  • The Eastern Region Line (under study), expected to be completed by 2020 will give tremendous boost to the public transport connectivity of Marine Parade and slash travel time to the city and Change.
  • Ongoing road widening works along Sims Way, Mountbatten Road and Fort Road will support the upcoming development in the area
  • new vehicular underpass at the junction of Sims Way and Mounbatten Road will facilitate the flow of traffic exiting Kallang- Paya Lebar Expressway (KPE) towards the city and the Sports Hub.  

New Condo at Eunos, Former site of Eunosville- Economy- Nuturing a growth centre and creating jobs
New commercial developemnts will continue to come onstream over the next few years , offering exciting opportunities for new businesses and bringing jobs closer to homes.

Many new developments will be sprouting up and around Paya Lebar Central, a new sub regonal centre. A number of projects are already underway including the Workforce Development Agency (WDA) Continuing Education and Training (CET) Campus East. Paya Lebar Square and One KM. A future commecial development has also been made available at Tanjong Katong Road/Sims Avenue. 

MCL LAND WON TOP BID FOR LAND PARCEL SITE AT SIMS AVENUE, FORMER HUDC EUNOSVILLE NEAR EUNOS MRT, THROUGH COLLECTIVE SALES

The $765m sum secured in en bloc sale is the second highest for a privatised HUDC estate

The collective sale market here is powering ahead with the sale of privatised HUDC estate Eunosville for $765 million - the second-highest price ever for such a property.

The sprawling 330-unit Eunosville, built in the 1980s, could make way for as many as 1,399 units in a new project.

The site has been sold to a Jardine Matheson Group unit, MCL Land, at a price well above expectations.

It is the fourth successful collective sale this year amid recovering sentiment and developers' optimism over residential property.

The price for Eunosville, near Eunos MRT station, is the second-highest achieved in the collective sale of a privatised HUDC project, after Farrer Court sold for about $1.34 billion in 2007, marketing agent OrangeTee said yesterday. It was the estate's second try at a collective sale after an unsuccessful bid in 2013.

The price represents a premium of more than 17 per cent over the $643 million to $653 million the owners had asked for when the site was launched for tender in April.

"The primary home sales market has also seen marked improvements, and developers are starting to make strategic acquisitions of land to position themselves for a recovery of the market," noted Mr Marcus Oh, executive director of business solutions at OrangeTee.

Mr Oh told The Straits Times that the tender for the 376,713 sq ft site with wide frontage onto Changi Road and Sims Avenue attracted competitive bids from eight bidders.

The sale price, with the addition of an estimated $194 million in extra government charges, works out to a land rate of $909 per sq ft per plot ratio. The charges are payable to the state to intensify land use to a gross plot ratio of 2.8 and to top up the lease to a fresh 99 years.

Built in the late 1980s, the project has about 71 years left on the lease. It has 255 maisonettes over six residential blocks and four walk-up apartment blocks with 75 units.

OrangeTee said each owner stands to get about $2.25 million to $2.41 million upon completion of the deal, subject to sale conditions.

Resident Ben Ong, who has been living in Eunosville for 17 years, is sentimental about leaving, even though he recognised that the old estate is in need of renewal.

"It is sad. This is where we raised our children and the location is very convenient. So, I may consider renting and buying a unit at the new development in the future," said Mr Ong, 60, an engineer.

The site could be rebuilt into a 1,399-unit development with an average apartment size of 70 sq m.

Consultancy CBRE said the new units could be sold for an average of about $1,700 to $1,750 psf.

"There is a window of opportunity for collective sales as there are fewer government land sales sites. En bloc projects that are ready to be put up for tender in the next three to six months should get good response," said Mr Galven Tan, director for capital markets at CBRE.

The latest deal came after last week's sale of Rio Casa estate in Hougang and mixed-use development Goh & Goh Building in Upper Bukit Timah Road, and One Tree Hill Gardens in the prime District 10 last month.

Source: Straits Times 1st June 2017

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