13 Sep 2021
Prospective homebuyers looking at the development model at Parc Greenwich showsuite. The launch of the Executive Condominium has met with strong response, with 65% of the 496 units taken up during the first weekend.
SINGAPORE, 13 SEPTEMBER 2021
Frasers Property Singapore today announced that, based on the percentage of the total number of units sold, Parc Greenwich is the best-selling Executive Condominium (EC) launch to date this year. As of Sunday, 12 September 2021, 65% or 322 of its total 496 units were sold during the launch weekend. The residential development, which is next to the Seletar Hills landed enclave, was launched on Saturday, 11 September 2021.
Ms Lorraine Shiow, Acting Chief Operating Officer of Residential (Singapore), Frasers Property Singapore, said: “We are encouraged by the strong response for our latest residential development, Parc Greenwich, which is District 28’s first EC launch since 2013. Homebuyers are attracted to the project’s comprehensive suite of facilities as well as high-quality attributes and fittings more commonly found in top-end private condominiums. The wellness-themed Parc Greenwich also appeals to young families who can look forward to a plethora of dining, recreational and retail amenities as well as transportation nodes in the neighbourhood. Moreover, the development’s proximity to next-generation, vibrant commercial, digital and industrial hubs in Singapore’s northeast region is highly valued by homebuyers.
Parc Greenwich’s four-bedroom penthouse unit enjoys a high ceiling of five metres over its dining and living rooms. Its four and five-bedroom units are designed as a Verandah home, with a kitchen opening out to the balcony, offering extended spaces for alfresco dining, entertainment and work purposes.
Jointly developed with CSC Land Group, Parc Greenwich comprises nine residential towers of 14 storeys each. It offers a variety of unit sizes ranging from two-bedroom (786 square feet) to five-bedroom apartments (1,464 square feet). Penthouse units with high ceilings, ranging from two-bedroom (990 square feet) to five-bedroom units (1,679 square feet) are also available.
Prices started from S$895,000 for a two-bedroom unit, S$1.05 million for a three-bedroom unit, S$1.2 million for a three-bedroom+study unit, S$1.38 million for a four-bedroom unit and S$1.7 million for a five-bedroom unit. The units were sold at an average price of about S$1,200 per square foot during the launch weekend.
First-time homebuyers took up 174 units out of the 322 units sold. Meanwhile, second-time buyers snapped up 148 units – the full 30% quota of the total number of units in a development that can be allocated to second-time buyers at launch under the current EC regulations. This quota for second-time buyers will lift one month following the launch.
All the two-bedroom and five-bedroom units were fully sold. There was also strong response for the three-bedroom and four-bedroom units, with 220 out of 370 three-bedroom units and 74 out of the 98 four-bedroom units taken up.
Each unit comes with flexible layouts to cater to evolving lifestyle changes. Specific walls can be removed to combine rooms to create a bigger room for young children, office space, study area, hobby nook or entertainment room.
Themed around “Home in an Urban Village”, Parc Greenwich offers a modern home environment promoting an idyllic, wellness lifestyle, with 52 facilities that holistically address the physical, social and mental well-being of residents. Slated to achieve Temporary Occupation Permit in 2024, Parc Greenwich is one of the few ECs to boast two clubhouses.
Parc Greenwich is within walking distance to malls, an upcoming Fernvale Community Cub, schools, public parks and sports facilities. Pre-schools and enrichment classes are around the corner, while primary, secondary and tertiary institutions such as Rosyth School, Fernvale Primary School, Pei Hwa Secondary School, Nan Chiau High School, Nanyang Polytechnic and Anderson Serangoon Junior College are a short distance away.
Artist’s impression of Parc Greenwich, Frasers Property’s latest residential launch overseeing Singapore’s prime Seletar Hills landed enclave.
Parc Greenwich is well connected to Tampines Expressway, Seletar Expressway and Central Expressway, providing convenient access to the downtown central area and different parts of the island. The closest Mass Rapid Transit (MRT) station is Sengkang MRT station, which is accessible via the Fernvale Light Rail Transit station in the vicinity. In the near future, homebuyers can look forward to the new North-South Expressway, Cross Island MRT line and Thomson-East Coast MRT line, for a faster trip to the Central Business District and all parts of the island.
Frasers Property’s newest EC is near the North Coast Innovation Corridor stretching from Woodlands to Seletar and Punggol. A seven-minute drive to the Seletar Aerospace Park, Parc Greenwich is also close to upcoming developments such as Sengkang West Industrial Park, Seletar Regional Centre, and Punggol Digital District – touted as Singapore’s “Silicon Valley”.
To visit the showsuite, interested parties should first schedule an appointment at www.parcgreenwich.com or call +65 8129 2122. The location and breakdown in unit types are at Appendix, with more details on Parc Greenwich available in the earlier news release.
Potential homebuyers looking at the sales chart at Parc Greenwich showsuite. The take-up for all unit types have been good, with all two-bedroom and five-bedroom units fully sold.
 Includes options signed as at 12 September 2021