Parc Central Residences is situated in a rare executive condominium site at Tampines Avenue 10 is jointly developed by two different companies, Hoi Hup Realty, and Sunway Group. The tender which was passed for Parc Central Residences received a total of 7 bids which the winner developer submitted a total of S$ 434.4m translating to S$ 578 psf of GFA.
The bidding price of MCC land Ltd was $431.62 million, which came to second place while TID and CDL Constellation Pte Ltd at $414. 29 million which came to third place. The other bidders of this auction were, JBD Development Pte Ltd, Evia Real Estate Pte Ltd and Qingjian Realty Pte Ltd, SimLian Land Pte Ltd and a consortium comprising of Kay Lim Realty Pte Ltd, Creative Investment Pte Ltd, and Santarli Capital Venture Pte Ltd.
Some benefits for the residents of Parc Central Residences
There are plenty of things which are found for the residents of Parc Central Residences in terms of facilities and amenities. This vicinity in which this residence is located is prime in Singapore and it continues to be a worthy investment for Singaporeans and foreigners. The families who are looking for comfort can be happy living in this area as everything is within the reach for the residents. The area is suitable for both the old and the young.
The best part is everything that is situated in Tampines which will definitely improve with the upcoming implementation of the URA Master Plan on the East region. It is generally considered that the residents of Tampines are provided with a favorable environment that is suitable for both working and living. There is an abundance of calmness in the locality which lets the residents live a harmonious and happy life.
Enhanced convenience and transport options
There are many food options for the residents of this area. You can get any type of food from the nearby cafes, bars, and hotels available within the vicinity. There is a restaurant named Ban Mian by Kopitiam which is just a few minutes’ walk from the residents, and it is a good food spot for trying out different types of food.
The best part about Tampines is huge and full of variety shopping malls which makes the place more attractive. Fortunately enough are the future residents of Parc Central Residences EC who will have quick access to Tampines mall. There are many job opportunities in this area offered by businesses and offices in Tampines Central which will allow the residents to play and work near their home.
Many nearby schools are ensuring your child’s education. The school cuts through the educational levels so that you don’t need to go to other places for a good education. There are some kindergartens and nurseries within a short-range ensuring your child’s safety.
Shopping and food choices
There are at all 3 malls nearby clustered together with an excellent connection. The 3 malls will provide all the necessary items for future residents. Besides, the malls are a great place for an outing with your friends or family. There are plenty of entertainment options along with playgrounds which is an additional facility for the residents in Tampines.
Parks and nature all around
The Parc Central EC is located in such an area that has easy access to parks. It is a perfect spot for nature lovers as the parks are within a walking distance. One of the closest parks is Tampines Eco Green Park.