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PARC CANBERRA SALES GALLERY
Parc Canberra is a New and Upcoming Executive Condo (EC) located in the North Region of Singapore in the estate of Sembawang, with a land site area of more than 194,204 square feet, bounded by Sembawang Road, Canberra Link and Canberra Drive. It is a short walk to upcoming Canberra MRT Station, which is between Yishun and Sembawang MRT Station, serving the North-South Line, and is opened in 2019 for operation.
Parc Canberra EC is nested in the tranquility and serene of greenery and is next to private residential estate, where future residents can laid back and relax in. It is opposite of Visionaire and also opposite of the former Admiral House which is located along Sembawang Road, and is reserved to be developed for future sports and recreation developments.
Pricing for Parc Canberra EC
2 Bedroom
3 Bedroom
4 Bedroom
5 Bedroom
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Parc Canberra comprises of 5 blocks of 8 to 10 storeys with 449 residential apartments from Three Bedroom to 5 Bedrooms, catering to young families as well as large families. The units will have very roomy layouts which will create a perfect ambience many years for the residents. Young professionals and families will like this development as has classy interiors which wil be blend well with good features and present a smart-vibre living.
Project | Parc Canberra |
Developer | Hoi Hup and Sunway Developments |
Location | Canberra Link (Sembawang Planning Area) |
District | 27 |
Tenure | 99 years lease |
Site Area | 18,040 square metres/ 194,187 square feet |
GFA: | 45,101 square metres/ 485468 square feet |
Plot Ratio | 2.5 |
Expected TOP Date: | |
Total Units | Approximately 450 residential apartments |
Total Carpark | TBA |
Development | Executive Condo comprising of communal facilities |
Unit Type: | |
Architect | |
Eligibility | SC/ SC, SC/SPR can buy |
Parc Canberra EC- Connectivity
Parc Canberra is approximately 300 m away from future Canberra MRT Station which will be ready in 2019 and 700 m away from Sembawang Town Centre where future residents can access to the Sembawang Interchange and Sembawang MRT Station which operates the North South Line. To drive to the Orchard Shopping area from Visionaire, it will take approximately 21 minutes. It will take approximately 24 minutes for future residents of Parc Canberra to head down to the Central Business District (CBD). The nearby Seletar Expressway (SLE) allows easy connectivity to the Tampines Expressway (TPE) and the Central Expressway (CTE) which makes driving a breeze to various parts of Singapore from Parc Canberra.
Parc Canberra EC- Amenities
Parc Canberra is a short walk to the Sembawang Shopping Centre which is approximately 500 m away where future residents may access to many retail outlets, eating joints and supermarket where they can get their daily necessities. Alternatively, future residents may patronise Sun Plaza located at Sembawang Town Centre. Parc Canberra is a short drive away to Chong Pang City where future residents can get a wide array of groceries, daily necessities to various services. In the heart of this neighbourhood town centre. It is 1 MRT Station to North Point City, the Biggest Shopping Mall in the Northern Region of Singapore, where residents can have spoilt of choices of dining, shopping, leisure and entertainment.
Parc Canberra EC- Education
There are many schools such as Sembawang Primary School, Wellington Primary School, Canberra Primary School, Endeavour Primary School, Ahmad Ibrahim Primary School, Chongfu Primary School, Yishun Primary School, Xishan Primary School, Sembawang Secondary School, Ahmad Ibrahim Secondary School, Canberra Secondary School and also Northland Secondary School.
Parc Canberra- Developer
The developer of Parc Canberra are Hoi Hup Realty Pte Ltd and Sunway Developments.
Founded in 1983, Hoi Hup Realty has successfully delivered over 900 residences to its customers. At the moment, the company is managing the development of some 500 homes. Hoi Hup Realty has firmed up its position as a reliable property developer in Singapore with its experiences and consistent performances.
Their previous projects include the likes of Hoi Hup Sunway Novena Pte Ltd, The Whitley Residences, Sophia Hills, Royal Square, Residences @ Killiney, and more.
The sheer quality and the amazing results delivered by the developer have won it numerous accolades, including multiple property awards over the years. Building and Construction Authority (BCA) Awards are one of the most prestigious honors in the industry and Hoi Hup Realty has received this award a total of five times, which is a great achievement unto itself. They have also received recognition from the Urban Development Authority for sustainable development, and the National Parks Board for management of greenery. They have also received the Singapore 1000 and the SME 500 Award several times.
Sunway Developments Pte Ltd is a wholly subsidiary of Sunway Concrete Products (S) Pte Ltd, a Sunway Group company. The core businesses of this Malaysian conglomerate include property development and investment, real estate REIT, design and building construction, building materials, leisure and education, information technology and hospitality. Sunway REIT is the largest Malaysia REIT in terms of assent size as well as free float. As one of Singapore’s leading concrete precasters in Singapore, the company has projects in both public and private sectors, and has worked on several Design & Build Projects such as lKEA @ Tampines and The Meadows at Punggol.
Parc Canberra EC is nested in the tranquility and serene of greenery and is next to private residential estate, where future residents can laid back and relax in.
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Parc Canberra EC Unit Mix Distribution | |||
---|---|---|---|
Unit Type | Type | Area (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 |
Parc Canberra EC Facilities | |||
Parc Canberra EC Price List | |||
---|---|---|---|
Unit Type | Area (Square Feet) | Pricing | PSF |
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 |
Parc Canberra EC is walking distance to a new MRT station, between Yishun and Sembawang MRT Station, along the North-South Line. And the future station will be ready in 2019. An approximate 5 minutes walk distance to the upcoming Canberra MRT Station adds convenience and efficiency to the residents of Parc Canberra.
2 sites within the vicinity of Parc Canberra have been zoned and reserved for schools.
There will be 5 entrances to Canberra MRT Station and it will be linked and integrated to a site, opposite the MRT Station, zoned for future commercial cum residential development, hence bringing further conveniences to future residents.
Amenities Near Parc Canberra New EC
Category | Important Amenities Near Parc Canberra | Approximate Distance |
Train Stations | Sembawang (NS13) Canberra ( NS12) |
0.7km 0.3km |
Bus Stop | Aft Canberra Road (Bus: 167, 856, 858, 859, 980) Bef Canberra Road (Bus: 167, 856, 858, 859, 980) |
0.2km 0.3km |
Supermarkets | Giant (Sembawang Shopping Centre) Fairprice (Sun Plaza) Cold Storage (Northpoint) Prime (761 Yishun) |
0.5km 0.8km 2.1km 2.5km |
Shopping Malls | Sembawang Shopping Centre Sun Plaza |
0.5km 0.8km |
Education Institutions | Preschool | |
Edelweiss Kindergarten PCF Chong Pang Blk 317-315 PCF Sembawang Blk 507D-501D-503C PCF Canberra Blk 330-319-327-328 Putra-Putri Kindergarten Zulfa Kindergarten @ Sembawang Mart PCF Canberra Blk 413 – 405 PCF Canberra Blk 468D-468C PCF Chong Pang Blk 122 Darul Makmur Mosque Kindergarten |
0.5km 0.6km 0.7km 0.9km 0.9km 1.0km 1.1km 1.4km 1.4km 1.4km |
|
Primary | ||
Sembawang Primary School Wellington Primary School Canberra Primary School Endeavour Primary School Ahmad Ibrahim Primary School Chongfu Primary School Yishun Primary School Xishan Primary School |
0.5km 1.0km 1.3km 1.3km 1.6km 1.7km 1.7km 2.0km |
|
Secondary | ||
Sembawang Secondary School Ahmad Ibrahim Secondary School Canberra Secondary School Northland Secondary School |
1.0km 1.2km 1.5km 2.0km |
|
Junior College | ||
Yishun Junior College | 2.4km | |
Tertiary | ||
Republic Polytechnic | 4.5km | |
International | ||
GEMS World Academy | 3.6km | |
Food Centre | Chong Pang Market & Food Centre | 1.7km |
Lifestyle | Montreal Green Eagle Club Terror Sea Scout Yishun Neighbourhood Park Terror Club HomeTeamNS @ Sembawang |
0.3km 1.0km 1.3km 1.4km 1.4km 1.4km |
The Facilities and Site plan of Parc Canberra, Sembawang, are currently seeking approval from relevant authorities.
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Like any other new launches, the prices of Parc Canberra will only be announced on the sales day. Indicating pricing will be announced earlier.
Parc Canberra is to be developed into a New EC, where the site was sold through Government Land Sales for $ million. The sale price of S$ million works out to a land cost of about $ psf per plot ratio on the potential gross floor area.
Cost of Land
The biggest item which determines the new condo price on the launch date is the price at which the land was acquired for the development. This cost of land is spread out across the size of the development so that the cost per square foot (psf) is established.
Construction Costs
The cost of constructing the condos also influences the price at which those condos will be sold on the launch date. Construction companies have become so efficient that their construction costs for each square foot of a building don’t vary so much.
Developers want to make a good product that is of value to the consumers, and they need to generate healthy profits levels for their shareholders. With the most expensive items as land and construction costs, add on the administrative, sales and marketing expense, finance cost, profit margin we will arrive at the selling price.
Marketing expense for the project is around $200 psf. Construction costs including architecture design, is about $350 psf for a condominum.
Land Cost: $ psf ppr
Construction Cost: $350psf
Marketing expense: $200psf
Profit margin: 20%
Estimated launch price: $ psf
Woodlands North Coast
The woodland area is going to developed it a waterfront area lined with residential and recreational properties spanning 70 hectares. There is also going to be a business center not far from the waterfront which will contain the first business spark in the North office space especially or small and medium enterprises
Woodlands Central
The area around the MRT station and the Causeway Point mall is going to be upgraded into a major retail center at the heart of which will be pedestrian mall that is expected the 30 hectares that make up the hub.
Woodlands General Hospital
There are plans to have the Woodllands General hospital up and running by the year 2022. This hospital that is expected to have a 1800 beds capacity is also expected to have a nursing home within its premises
Kampung Admiralty
The Kampung Admiralty that is expected to be completed and ready for use by the year 2017 is a one stop center containing everything from shopping plaza, facilities for the young and elderly as well as residential areas.
Sun Plaza
This plaza was upgraded in 2015 with addition o retail spaces. Found within the mall are a public library and a food court.
Canberra Park
Renovation works on the Canberra Park ended in 2015 and the park was reopened thereafter. New facilities like the tai chi corner were added but what immediately stands out is the new playground that is the first All inclusive playground ever in Singapore which allows for visually impaired and other disabled children to use the facilities at the playground.
Canberra Plaza
The Canberra plaza expected to be completed come 2019 is a three storey hub that contains everything a homemaker needs. From restaurants, supermarket to clinics it is a one stop shop and great for those who work most of the day. The fact that it is located close to the Canberra MRT station means it will definitely become the best place for commuters to do their shopping before they catch their train.
Canberra MRT Station
The Canberra MRT station is slated to be completed by the year 2019. Once completed, it will provide a faster way for commuters between Sembawang and Yishun to travel faster by skipping the need to use buses to the MRT stations.
Sembawang Shopping Centre
This is a great local destination for family outings given that it has everything from restarants to retail shops. Activites at this shopping mall are definitely going to increase once the Canberra MRT station goes operational.
North-South Expressway
The North South Expressway is going to be the first expressway in Singapore with dedicated lanes for buses, cyclist and pedestrians. This 21.5km highway is expected to go through areas like Sembawang, Bishan and Ang Mo Ko. It is expected that thanks to this expressway, commuters will be able to reach home or offices faster especially during peak hours
Thomson-East Coast Line
Beginning from 2019, the opening of the Thomas East Coast Line will be phased. Two additional stations, Woodlands North and South will be opened. With the Thomson East Coast l Line and the additional MRT stations, residents will be able to commute directly through and from their neighbourhoods. Upper Thomson, Havelock, Marina Bay, Marine Parade and Bedok. Also it will become easier for visitors to get to the zoo using the MRT station at Springleaf.
Cross border rail link
The cross border rail ink is going to provide a better commuting experience for cross border travelers. The planned Rapid Transit System will link North MRT station in Woodlands directly to areas like Johra Bahru. Visitors from Malaysia can spend quality time at the bus interchange with its many offices and eateries.
Sembawang Sports and Community Hub
There are plans to build a sports and community hub in Sembawang to be completed in 2018. This hub located very close to the planned neighbourhood will contain facilities like swimming pools, and centers for the young an elderly.
There is obviously going to be a big transformation in the North Region of Singapore beginning from 2018. All these construction works are going to be beneficial to the residents in Northern Region and population will increase. Demand for housing will Grow.
Parc Canberra EC: Improvements on housing and amenities for Sembawang residents
As a growing town, Sembawang will be developed with more amenities, transport infrastructure and housing for its residents. Potential homeowners can look forward to more housing choices as new area in the South and East of Sembawang will be developed progressively. Accompanying these developments will be new facilities and amenities to serve current and future residents.
Residents can look forward to
First, an adventure park will be developed. In time, a sports complex with a swimming pool and stadium will be built. Such sports facilities are coming to northern Singapore, and the 80,000 Sembawang residents will be the prime beneficiaries.
Residents will enjoy a 1.5ha Inclusive Adventure Park designed for all ages, which will house the largest number of swings in Singapore, including those for children, toddlers and people with disabilities. Other highlights include an amphitheatre, bicycle stations and third-generation fitness stations. Residents also have a say in the park’s colour theme.
There are also plans for bigger sports facilities in 10 years.
Details are being worked out, and options include integrating the sports complex with a park, library and hawker centre. The complex is likely to be sited next to Sembawang MRT Station. The plans are not only for infrastructure development.
With more sports facilities, residents are looking at increasing the events to be staged in Sembawang in future.
Owners of Executive Condominiums (EC) stand a huge capital potential appreciation in due of the low entry price to purchase a unit compared to private condominiums.
After a period of 10 years, the EC will be privatised, changing its status to be on level to a private condominium. Foreigners will be able to purchase the unit then. Owners typically enjoy a capital gain after their EC is privatised.
The above table shows a significant increase in capital appreciation for EC owners.
Purchasing an EC is extremely promising as we may look into such capital appreciation after it becomes privatised over time.
As the entry price for an Executive Condominium (EC) is much lower than a private condominium, demand for ECs has been on the rise. First timer are entitled to receive a CPF Housing Grant of up to S$30,000. These make EC an extreme worthwhile asset to purchase.
Physical features are similar when comparing between a new executive condominium with a private condominium. This include facilities such as gym, clubhouse, security guard, tennis court, swimming pool and many more.
With further developments in Sengkang and Seletar, residents of Parc Canberra will look into a long term investment with high profit margin.
When doing a comparison between an executive condominium and private condominium, we know that both EC and private condominiums offer the same features such as swimming pool, gym, tennis court and many more,
If you wish to visit Parc Canberra Showflat viewing, all you need to do is to schedule an appointment with us before coming around so as not to waste your time and avoid making a fruitless journey because our showflat may not be opened to the public on particular days and time.
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Parc Canberra Showflat is located along ................
Tastefully designed to maximise the usability and efficiency of the size, the geographical location, proximity to eateries and top schools, seek to attract many potential home seekers and upgraders to make Parc Canberra their dream home.
Do register early to book Parc Canberra Showflat viewing appointment with us to have a feel of the luxurious and fine finishing by the developer after several detail plannings.
4 Simple things to take note before visiting Parc Canberra Showflat Gallery
1) We advise to check and know how much CPF you are able to use to purchase Parc Canberra EC
2) Contact our Sales Team for our recommended trusted panel of bankers for your loan assessment
3) Are you affected by the TDSR? You will need to know the bracket which you are in
4) For the actual launch date, you will need to understand on how the balloting system works
Register Early to keep yourself update on the latest information pertaining to Parc Canberra. Alternatively, you may contact our Developer Sales Personnel for a non-obligated discussion.
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