Parc Greenwich

Frasers Property is an established real estate developer with a strong reputation for building quality homes and administering a portfolio of shopping malls and commercial properties. They have continuously create thoughtfully designed, high-quality living spaces, unforgettable shopping experiences, and forward-thinking commercial spaces.

Parc Greenwich is situated along Fernvale Lane in the Sengkang housing estate. Opposite it across Yio chu Kang Road is the idyllic Seletar Hills Estate, a leafy landed residential enclave. The development will offer nine 14-storey blocks totalling 496 units ranging from 2- to 5-bedrooms.

Important Dates

E-Application: 26 August to 06 September 2021
Price Release & Ballot Ticket Drop: 08 & 09 September 2021
Balloting: 10 September 2021
Booking: 11 September 2021

Parc Greenwich Unique Selling Point

Good unit sizes and mix
Exquisite design concept
Fun and unique facilities
Close to amenities and schools
Convenient access to public transportation
A tranquil and leafy neighbourhood
Close to parks and nature
Transformation of North-East Region provides promising investment potential

About Parc Greenwich

Parc Greenwich executive condo (EC) is located opposite Seletar Hills and minutes’ drive from Serangoon Gardens and many other amenities such as shopping malls and schools.

It seeks to offer a modern, vibrant and idyllic lifestyle to spend quality time by yourself or with your family. With 8 recreational zones and 2 clubhouses, including a 3-storey Wellness Club, there is something for everyone to do all day and week.

It also seeks to create a green sanctuary where residents can seek refute from the hectic modern lifestyle to recharge and re-energise.

Given the many innovative design features that anticipate residents' future lifestyle needs, this will make Parc Greenwich their home in an urban village.

Design Concept

Parc Greenwich's design concept is based on the following themes:

Suburban Oasis Living: Surrounded by greenery and overlooking landed enclaves.

Tranquil Enclave: To provide a sense of peace with landscapes that act as a buffer against urban activities.

Wellness: To provide a fine living environment that encourages the pursuit of healthy habits to refresh one's mind, body and soul.

At the same time, gaps between the blocks in the development are designed to ensure good airflow that allow prevailing wind to weave through the landscape and waterbodies for maximum cooling effects.

Flexible Design & Quality Provisions

All units are designed with flexiblity in mind. For example, there are removable non-structural walls that allow owners to reconfigure their layouts to suit their interior decor, while RC ledge functions as sunshading and rain protection. Other thoughtful features include louvre doors in the kitchen that aid ventilation and master bedrooms large enough to accomodate side tables and/or dressers.

Porcelain tiles are provided for living, dining, kitchen, yard and bathroom, while bedrooms will be fitted with vinyl planks.

All units come with quality bathroom provisions from Gerberit and Hansgrohe, sanitary ware from Bravat and kitchen appliances from Bosch (built-in gas hob, hood and oven).

Unique & Fun Facilities

Parc Greenwich offers a wide range of facilities catering to residents of all ages. There are 8 recreational zones and 2 clubhouses, including a 3-storey Wellness Club.

The 3-storey Wellness Club is one of the development's most unique features. A high-ceiling Village Hall within the Wellness Club will offer residents fexible, multi-purpose space to indulge in varius pursuits, from fitness-based recreational activities like badminton, yoga and dance, to hosting social events like parties and birthday celebrations.

Anothe uniqued facility is its Herbs Garden & Community Farm Garden where residents can grow and harvest their very own greens, something even the young ones will have fun doing!

Good Transportation Network

The Fernvale LRT is the nearest train station from Parc Greenwich and is 11 minutes' walk away. Residents can also take Bus 163 to the station if they prefer not to walk.

The Fernvale LRT is one of 9 stations in the Western Loop connected to the Sengkang MRT station. The Sengkang MRT station, which is part of the North-East Line (NEL), is just two stops from the Punggol Coast station and the Punggol Digital District.

There are also a number of bus services along Yio Chu Kang Road that provide direct access to Punggol, Yishun, Serangoon, Bishan, Ang Mo Kio and even Raffles Place, as well as to Yio Chu Kang MRT (North-South Line) and Serangoon MRT Interchange (North-East Line and Circle Line).

Convenient Access to Amenities

Being located in an established HDB housing estate has its advantages as most essential amenities such as shopping malls, supermarkets, wet markets, eateries and schools are all within easy reach.

For example, Greenwich V at Seletar Hills, a retail and lifestyle hub with a charming village-like ambience is just 6 minutes' walk away.

The other shopping malls nearby are Seletar Mall, Compass One and Rivervale Plaza. But one of the most interesting is The Oval @ Seletar Aerospace Park where colonial houses have been conserved to create a lifestyle enclave playing host to bazaars and carnivals. The Hampstead Wetlands Park nearby provides a green sanctuary for viistiors can explore it flora and fauna.

Good Schools All Around

One of the most important consideration when buying a home in Singapore is the availability of good schools, and Parc Greenwich has no shortage of them.

Just minutes’ drive away are some of Singapore’s most popular preschool, primary, secondary and tertiary institutions. These include Skool4kidz, Rosyth Primary School, Nan Chiau High School and Nanyang Junior College.

With several primary schools within a 1-2 km radius, children registering for Primary 1 will be accorded priority admission.

The nearest university will be the Singapore Institute of Technology (SIT) Centralised Campus, which is slated to open in 2023. It will be located at Punggol, a 13-minute drive or 6 train stations away.

Parks & Nature Recreation

Previously, Sengkang was considered “ulu” or remote by many. But today, it is a bustling housing estate admired for its beautiful riverside and nature parks. These parks provide residents with many fun activities, such as having a leisure stroll, jogging, cycling, canoeing and even bird-watching.

The 26 km North Eastern Riverine Loop (NERL) - a part of Singapore’s Park Connector Network (PCN) – links up to four parks – Punggol Park, Punggol Point Park, Punggol Waterway Park, and Sengkang Riverside Park.

It also runs through the housing estates of Buangkok, Sengkang, and Punggol and also extends into the rustic landscapes of Punggol Beach, Punggol Promenade and Lorong Halus Wetland.

North-East Region Transformation

Under the URA Master Plan for the North-Eastern Region, many exciting developments have been planned.

After turning Punggol Point into a green heritage estate, coming up next will be the Buangkok integrated development, Punggol Town Hub and Linear Green. Together, they will provide more amenities, recreational facilities and greenery for residents in the estate to enjoy.

The development of the North Coast Innovation Corridor that covers the Seletar Regional Centre will boost economic development in the area. Together with new road infrastructure such as the North-South Corridor and Thomson-East Coast MRT, they will provide convenient access to many parts of Singapore, including the Central Business District.

Key Employment Hubs

Parc Greenwich is near several major employment hubs, benefitting from the Singapore's government plan to decentralize some its economic activities away from the city centre. This will help to bring jobs closer to where people live. These include the Sletar Regional Centre, Seletar Aerospace Park, Sengkang West Industrial Park, Lorong Halus Industrial Estate and Punggol Digital District.

These employment hubs are expected to bring huge employment opportunities and high-paying jobs to the region. Ultimately, they will attract home seekers, thereby underpinning property values. This will benefit a propety like Parc Greenwich as homebuyers will enjoy the first-mover advantage as these exciting developments come into fruition.

Conclusion

Parc Greenwich executive condo (EC) it will appeal to those looking for a tranquil living environment, convenient access to a host of amenities like shopping malls, eateries, recreational facilities and schools, as well as nature parks.

At the same time, the increased employment opportunities in the North-Eastern Regon with the development of the North Coast Innovation Corridor, Punggol Digital District and other major employment hubs are expected to spur demand for properties in the foresseable future. Hence, it is unsurprising that properties in this part of Singapore have done pretty well as the estate matures further [Refer to Table 1 below].

Given the rather substantial 38% average price gap between executive condos (EC) and mass market private condos in the Outside Central Region (OCR), Parc Greenwich offers a fantastic choice for budget-conscious buyers or those who want to take a more cautious approach to their property acquisition [Refer to Table 2 below].

Furthermore, families seeking a larger house at a more affordable price will find executive condos appealing as their lower psf pricing translates to a more manageable overall quantum.

Table 1: Performance of ECs

Table 2: Price Gap - ECs vs Private Condos

Parc Greenwich Map Location

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