Parc Esta Review
Have you ever thought about living in a resort home? The stress doesn’t normally just magically disappear when you head home after a long hard day at work…until now with Parc Esta. We thought it would be difficult and pricey to own one of these in Singapore, but nothing could be further from the truth. Finally, you can now enjoy resort living with your family in the eastern side of Singapore, with all the conveniences at your doorstep, without paying extravagant prices! With the addition of a shimmering new building in Eunos, Parc Esta’s design shows that MCL Land is not content to merely keep up with the Joneses. Sitting on a 3.5 ha site of the former privatised HUDC Eunosville, Parc Esta is a deluxe resort-like condo that is designed to immerse you into a vacation resort home the moment you step in and back to the hustle of the city life the moment you step out. Parc Esta owners will own a slice of paradise and a smart real estate investment. Here are our Top 5 reasons why ownership at Parc Esta is an incredible opportunity that shouldn’t be missed.
Source: MCL Land
- Unrivalled Location
Perfectly located in a dynamic enclave within the city fringe where one could have the best of both worlds – East Coast and the city itself, Parc Esta is conveniently located with Eunos MRT station right at its doorstep. With only a 200 meter or 3 minutes’ walk, Parc Esta is the nearest to Eunos MRT station which goes on the East-West Line (EWL). This station is at a pivotal position amidst the emerging Regional Centre in the East with only 1 MRT stop away from Paya Lebar, a new and upcoming developing commercial hub. On the East-West Line, Eunos MRT station is just: 7 stops away from the CBD and Marina Bay Sands, 9 stops from Orchard Shopping Belt, 5 from Bugis Junction, 5 from Changi Airport, 2 from one of the best and popular food court in Singapore – the Old Airport Road Food Centre, and as mentioned earlier, 1 stop away from Paya Lebar. If you do not see any suitable trains, you may try the buses at the Eunos Bus Interchange which is connected to Eunos MRT station. This makes the area a transport hub and gives you an added benefit with more transport options.
Strategically located, Parc Esta is highly accessible through an integrated network of roads. With multiple ingresses and egresses, Parc Esta residents will find it a breeze to commute via personal transportation. It is well served by major expressways like the Pan Island Expressway (PIE) where drivers can access via the Jalan Eunos exit linking to the Central Expressway (CTE) and Tampines Expressway (TPE). If you choose to drive down Still Road, you will be able to access the East Coast Parkway (ECP) which also links to the Marina Coastal Expressway (MCE) and Ayer Rajah Expressway (AYE) toward the western region of Singapore and Changi Airport towards the East. Slightly further off, Kallang Paya Lebar Expressway (KPE) which serves routes towards the Northern region of Singapore is also accessible.
If close proximity to public transport and expressways can be deemed by a buyer to make a location priceless, then Parc Esta already fits the bill. As you will already know, there are many more proximity amenities that can add value to a property on a general level or become invaluable to someone with a specific interest. Here are 4 more proximity items that adds value to Parc Esta. The first item on the list would be schools or educational institutions. For a home owner with or planning to have children, being close to a school can make life that much easier when they don’t have to travel long distances to fetch their children to and from school. For an investor, being located close to an international school can mean an endless supply of tenant prospects that will never dry up. You will be pleased to know that Parc Esta has a wide selection of schools to choose from. Parc Esta is very near to Eunos Primary School, Haig Girls School, Tanjong Katong Primary School, CHIJ Primary School, Telok Kurau Primary School, Tao Nan School, St. Stephen’s School, Kong Hwa School, Maha Bodhi School, Canadian International School, Global Indian International School and Chatsworth International School.
The second item on the list would be retails, supermarkets and shopping malls. There more of these that are in close proximity, the more valuable the property is to households and renters. Nobody would want to spend an hour on travelling each time a trip to the groceries store is required. The malls which are near Parc Esta include Paya Lebar Square, Singpost Centre, OneKM Mall, Parkway Parade, 112 Katong, Bedok Mall and Bedok Point. Besides these, you are also able to reach Kinex, Marina Bay Sands, Bugis Junction and the Orchard Shopping Belt under 30 minutes’ worth of drive.
The third item on the list would be restaurants and food centres. This can be very valuable especially for those who do not cook. Cooking can be a very stressful affair for a lot of people and it is pointless to go through the hassle when you can settle a meal for a few dollars nearby. Among the few places where you can go and fill your bellies with affordable yummy-licious food would be Eunos Crescent Market & Food Court which is located right next to Eunos MRT station, Paya Lebar Quarter, Old Airport Road Food Centre and Haig Road Food Centre. Additionally, Parc Esta is also located near the Geylang Serai enclave which holds the annual Hari Raya Bazaar that attracts people from all over the island for their ever trendy Instagram-worthy food. On top of these, as you know the East is where you will find many of Singapore’s treasured addresses for nostalgic comfort food like Ampang Niang Tou Fu, Beach Road Prawn Noodle House and Chin Mee Chin Confectionery which are all within minutes of your Parc Esta home. This is why food will never be a problem if you choose to live in Parc Esta.
The final item on the list would be parks, sports and recreational facilities. More and more people are into sports and games to keep an able these days but many facilities for games are not readily available anywhere. Parc Esta is in close proximity to several parks, sports and recreational facilities including the Eastern Coastal Loop, East Coast Park and Singapore Sports Hub.
Source: MCL Land
- Price is what you pay. Value is what you get.
Parc Esta is a 99-year leasehold condominium which sits on the former privatised HUDC Eunosville. Back in June 2017, MCL Land acquired Eunosville for $756 million, the second highest price for a HUDC estate then. Eunosville was a 330-unit development built in the 1980s. The acquisition price was more than 17% higher than the $643 million to $653 million that the owners were asking for. The site is 376, 713 sq. ft. and has a gross plot ratio of 2.8. MCL had to fork out an estimated $194 million in additional governmental charges to top up the lease to a fresh 99 years from the current remaining lease of 71 years at the point of purchase. Each homeowner then received about $2.25 million to $2.41 million upon completion of the en bloc sale. The revival of Eunosville as Parc Esta will consist of 1,399 units from 1 to 5 bedrooms and it is estimated to sell at about $1,700 to $1,750 per sq. ft.
Parc Esta comprises nine towers of 18-storeys and 5 retail shops with basement and mezzanine basement car park. The blocks are comfortably spaced to create a sense of privacy and openness. This layout is also crafted to allow for maximum daylight, ventilation and exclusivity. The development is further divided into 3 key areas of resort-like facilities and enjoyment – Grand Parc, East Parc and West Parc. The layouts of the units are also efficient and optimised to create roomy homes. Every unit from 1 to 5 bedroom residences has balcony or private enclosed area that opens out to vast unhindered views. Each unit features luxurious and premium interior fittings like Hansgrohe, SMEG, and Villeroy & Bosh.
MCL Land also incorporates the latest technology into the homes to create outstanding living spaces. Each home comes with a comprehensive remote gateway. You can use a smartphone or any Internet-enabled device to stay in full control of your home automation and to access Parc Esta facilities at your convenience. Some of the high-tech home solutions includes gateway with P/T camera, biometric digital lock set, air conditioner control, QR code visitor access, video-assisted communication with guests at your front door and Smart Parcel Locker.
- Elite developer
The developer of Parc Esta, MCL Land is a leading property group in Singapore. They are a member of the Jardine Matheson Group under Hongkong Land Holdings. Over the last 50 years, MCL Land has held a long track record of building quality and prime residential homes in both Singapore and Malaysia. Their extensive portfolio of prime residential properties in Singapore and Malaysia includes The Estuary, J Gateway, Lakeville, Ripple Bay and Hallmark Residences. Their edgy designs and good space allocations are very receptive to buyers as they have sold out many of their developments. For this Parc Esta project, MCL Land has engaged the award-winning architectural firm, P&T Group with Ecoplan Asia as the landscape architect. Hongkong-based PTang Studio, a multiple award-winning interior designer was also selected to design the show suites at the sales gallery. With names like these, you know that MCL Land is driven to maintain their level of consistent excellence which only adds a valuable dimension to a list of considerations for prospective homebuyers.
- Indulge in resort-style facilities
Many condo buildings are located at the city fringe but how many tries to pack in a resort’s worth of amenities to keep their residents happy? On this point, Parc Esta is no exception. You will feel like you are staying in a resort away from the hustle and bustle of the city. Standing tall on a sweeping estate of about 377,000 sw. ft., Parc Esta is the new residential landmark in the east. The 18-storey towers are designed with full-height glass as an exterior façade to maximise the aesthetic appeals of the surroundings. Each of the nine residential towers is crowned with a lantern-inspired feature that stands out against the skyline. Almost three quarters of the site is dedicated to landscaping and facilities which transforms Parc Esta into a haven where the comforts of home seamlessly combine with the serene ambience of living in a luxury resort. The site has been divided into three distinct realms: Grand Parc, West Parc and East Parc. Let’s get down to the nitty-gritty, shall we?
Live Esteemed at Grand Parc
Be welcomed to a world laced with stunning opulence as you are greeted by the soothing ambience of calm waters lined with bespoke lights at the Lantern Isle. Arrive in style as you drive up to a grand foyer and enter the stately arrival hall which exudes a sense of luxury and elegance throughout the expansive Signature Arrival Court. Grand Parc is fronted by its Majestic Tree Atrium which lies in the heart of Grand Parc. This realm also has elegant walkways which will further draw you to its exquisite Atrium Lounge and Garden Lounge, which overlook the tranquil Koi Pond and its cosy Koi Pond Lounge. Needless to say, the Grand Parc is a welcome respite from the everyday, with its Zen-like calm. It is a wonderful sight to renew a weary spirit after coming back from a long day at work.
Source: MCL Land
Live Fully at West Parc
Planning a tropical family vacation can come with challenges – particularly finding a place that will keep the children entertained while providing the adults with opportunities for some fun of their own. What if these total crowd-pleasers features a lagoon pool with barbeque and party pavilions, playgrounds and all-ages activities all right outside your doorstep? Here at West Parc, you can reconnect with your family and friends and live the resort experiences every day. The central feature here is the lagoon pool with barbeque and party pavilions at the Island Party Pavilion and the Grill & Dine Pavilion. Inspired by contemporary water parks, there is children’s water play area with bubble jets, water jets and water sprays. Nearby is a beanbag lounge, a children’s playground and a Junior Glamping Lawn with tepees and campfire-inspired lighting. This is definitely a family retreat getaway without being worlds away.
As mentioned earlier, there is just something for everyone to enjoy. For those who enjoy an active lifestyle, there is the Aqua Gym and an Outdoor Multi Gym. There are also many areas to lounge about such as the Cozy Lounge, Sun Tan and Lawn Lounges and Lagoon Decks. Besides that, there is also the Herbs Garden which is a novelty and you do not need to have a green thumb to appreciate its mesmerizing, lush, picture perfect beauty.
Source: MCL Land
Live Inspired at East Parc
Leave the stresses of urban life at the door as you step into your own personal tropical oasis echoing the delights of far-flung retreats at the East Parc. The first thing we think of when hear the term “tropical oasis” is lush, abundant greenery and vibrant flowering blooms. East Parc was designed with wellness and comfort in mind. You will sense it in the openness and quietude, the rhythmic rustling of leaves, the charm of rustic woodworks, and the calming turquoise waters of the 50-metre pool, and the inviting poolside dotted with pampering cabanas, chill-out lounges and many others. This “island retreat” is even more special when shared with your loved ones at the Parc Clubhouse where you can entertain your guests with great finesse in a cosy function room or at the magnificent Poolside Dining Verandah while enjoying breath taking views of the pool.
If you are tired of socialising, do something solo and go at your own languid pace in one of the Jacuzzi Pools or unwind at one of the Luxe Cabanas or stretch out on a Sun Bed. If you are in need of a bonus treat, you can head over to the Foot Reflexology Pavilion for some more stress-relieving. Additionally, there are also fitness areas which include an indoor Fitness Suite, Bars and Steps Fitness Station, tennis court and multi-purpose court for sports and health enthusiasts. Moreover, there are also hidden gardens, nature trails and quiet corners for you to relax or meditate in such as the Hammock Park and Yoga Pavilion. Those who want to get some work done while chillaxing in the outdoors will be able to do so at the Wi-Fi Pavilion. It goes without saying that MCL Land truly crafted the East Parc with a tropical oasis retreat in mind. There is just something for everyone and this includes your furry friends as they too have their own play area at the Paws Playground. Who needs an expensive Hawaiian vacation when you have a tropical oasis right outside your doorstep?
Source: MCL Land
- Future developments and outlooks
If you are looking into Parc Esta as an investment, here are some interesting information on the growth of the surrounding area.
- URA Master Plan – Paya Lebar Central
Paya Lebar Central will be a bustling, integrated commercial hub. With the rejuvenation of the Paya Lebar Central, there will be Paya Lebar Quarters which will be home to Grade A office spaces, a mega mall and a cinema which also acts as an interchange for the East West and Circle Line. The surrounding vicinity will also be enhanced with the future Wisma Geylang Serai and a new pedestrian mall and plaza space along Geyland Road. Besides that, by year 2030, most residents will be living within just 400m of a park or a park connector as greening efforts continue. In terms of transportation, the Eastern Region Line is which will slash travel time to the city and Changi is expected to be completed by year 2020 whereas on-going road widening works along Sims Way, Mountbatten Road and Fort Road as well as a new vehicular underpass at the junction of Sims Way and Mountbatten Road are expected to provide a smoother and faster journeys.
- Relocation of Paya Lebar Air Base from year 2030
There is a future potential upside from the relocation of Paya Lebar Air Base which will free up 800 ha of land – bigger than Bishan and Ang Mo Kio. The freed land will be used to build new homes, new offices, new factories, new parks, new living environments and new communities. Low-rise buildings may be redeveloped as navigational safety for aircrafts previously capping the heights of developments in the vicinity will be relaxed.
An Inside Look At Parc Esta
The wide range of unit types at Parc Esta is developed to cater to different lifestyles, from one- to five- bedroom units. Units will be north-south facing and come with either a balcony or private enclosed space. Units on the highest floor have lofty ceiling height in the living room whereas the five-bedroom units come with private lift access as well as a wet and dry kitchen. Extra features in the five-bedroom units include a wine chiller and a smart mirror in the dry kitchen.
The 1 + study design allows for flexibility to match every buyer’s needs. The study is large enough to be converted into a guest room or an extension of your wardrobe. A games or entertainment area for gathering with friends is also a possibility. The entrepreneurs will appreciate this cosy home office. Designed with the residents in mind, the balcony also fits a pair out outdoor chair where you can sip your morning cuppa or glass of wine in the evening. Space planning is utilised when designing every inch of this unit.
An arrival area in the unit allows you to design shoes cabinets for your family which allows you to store your footwear neatly. Greeted by an enclosed kitchen that is functional, you will have sufficient space to manoeuvre around the kitchen area. What we like about Parc Esta’s 2 bedrooms + study is the ability to enlarge the master bedroom if required. By moving the master bedroom’s door to just outside the common bathroom allows you to access the study area as an extended walk-in; a relaxation cove where you could put your massage chair or just it as a study within your master bedroom. This clever design allows flexibility and MCL Land has done a great job to provide this.
The 3-bedroom (Premium) layout is functional with just the right space allocation throughout the whole house. If you have a helper, the utility room can be the sleeping area for the helper while it can also be a storage area. The living area can be enlarged by knocking down the walls of Bedroom 1 if you do not require 3 bedrooms. If the original layout is kept, Bedroom 1 can serve as an entertainment room or small office which has access to the balcony for that short break from the computer screen. With such a balcony size, you can convert it into a mini garden that further immerses your family into a resort style living. We love the way this 1066 sq. ft. is designed.
5-bedroom comes with exclusive features only present in luxury properties such as private lift and expansive balcony.
Parc Esta is a condo development for anyone who wants an upgrade in their lifestyle and environment to resort living. In fast paced and stress filled Singapore, living in a home like Parc Esta can help improve your work performance, similar to travelling to Bali or your favourite resort getaway. Resort living is usually known to be inconvenient but not at Parc Esta. The Eunos MRT station is located just across the road. With the wide range of resort-like facilities, travelling to the parks or country clubs is not needed – saving you precious travel time which you can spend with your family. Smart home features are also provided in your home, future-proofing this development as Singapore moves to become a Smart Nation. With the upcoming growth of Paya Lebar Commercial Hub and the relocation of Paya Lebar Airbase in 2030, you can be assured of continuous regeneration of the area which is essential for the value of your home. In a nutshell, Parc Esta is a future-proof resort home and investment that elevates your stature and wealth.