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Pasir Ris 8 – the integrated project


Image source: https://www.pasirriscentral.com/

Pasir Ris 8 condo is a new blended property and also business development that's a joint endeavor in between Allgreen Properties and Kerry Properties. The two Allgreen Properties and also Kerry Properties are amongst one of the most relied on and also prominent programmers of Singapore.

The new growth is likewise a short walking distance to the Pasir Ris Town Park and also Coastline, in addition to a myriad of recreational facilities as well as fascinating food areas.

During the government land sale (GLS) launched on 27 Aug 2018 for the Pasir Ris 8 site, it sent a winning bid of virtually $700 million. This exercises to $684.48 per square foot per plot ratio (psf ppr) based upon the overall gross floor area of about SGD1.02 million square foot. Nevertheless, the unit land rate based on a reduced gross flooring area of 832,480 sqft that omits the public facilities, exercises to be fairly dramatically higher at S$ 840.86 psf ppr. To breakeven, the programmer will certainly need to increase their market price (describe computation below). For the G The twin envelope idea and rate profits tender included two phases. For the initial stage, the tenderers need to substantially please the examination requirements established by the Concept Examination Committee (CEC). Just if their concepts are shortlisted will certainly they continue to the second phase of the procedure. At the 2nd phase, the rate envelopes sent at the beginning of the tender by the shortlisted tenderers will be opened, with the greatest bidder awarded the Pasir Ris 8 White site. LS, the residential or commercial property developers are called for to meet HDB's Idea Examination Committee's (CEC) standards of a top quality growth that "flawlessly integrate amenities with properly designed public spaces". This is part of the government's efforts to invigorate Pasir Ris under its "Remaking Our Heartland" plans (much more on this below).

Pasir Ris 8 remains in a walking range from Pasir Ris MRT, with it being situated just 0.54 kms away. There are great deals of bus-stops like stop range B77341, cease number B77349, discontinue number B77031 and prevent number B77039 which are near this condominium. This could offer the simpleness of sail to the occupants.
Several expressways are positioned in the area of the development. Tampines Expressway (TPE) is 700m off, Kallang Paya Lebar Expressway (KPE) is 3.6 kms off, Pan Island Expressway PIE is 10.6 kilometres off while Central Expressway (CPE) can also be 10.6 kms away. This makes travelling into the continuing to be locations of the island quite straightforward.

In addition, the 3-story business podium will certainly be larger than the Bedok Shopping mall. For contrast, Bedok Mall offers 220,000 square feet of net lettable area and it houses more than 200 stores throughout 3 floorings.

Hence, this will make the Pasir Ris 8 shopping center the largest in the housing estate! Together with the White Sands Mall next to it, residents will certainly take pleasure in an even more dynamic and vibrant living environment. As the mall totally owned as well as handled by the designer, homeowners will gain from the appropriate upkeep of the condo which will uphold its worth in the long-lasting.

Besides purchasing, Pasir Ris 8 citizens will additionally benefit from its close-proximity to the bordering business locations and entertainment facilities. With their landscaped green areas, linkways to close-by nature parks, pedestrian and also bicycle-friendly settings, in addition to normal activities to strengthen the social communication within the neighborhood, locals can look forward to a much more vibrant living environment.

Pasir Ris 8 is a condo alongside Pasir Ris MRT Terminal, as well as it had been offered to Allgreen Properties and Kerry Properties from Housing Development Board. The winning quote is practically $700 million, which works out to $684.48 per sqft per plot ratio (psf ppr) according to total gross flooring area of 1.02 mil sqft. The estimated breakeven price has to do with $1,176 psf. Pasir Ris 8 launching price might differ from $1500 psf onwards.

Parc Greenwich Project Highlights

Project Highlights

Unblocked Landed Views
North-South Orientations with Low and Appealing Quantum
Nestled in Tranquil and Serene Surroundings within the Landed Enclaves
Proximity to Renowned Schools like Rosyth School, Nan Chiau School, Mee Toh School, CHIJ St. Joseph Convent
Within 9 minutes walk to Fernvale LRT, The Seletar Shopping center & the upcoming Fernvale Square (An Integrated Community Center).
Short 13 minutes drive to The CBD.
Brief 11 minutes drive to The Orchard Shopping Belt.
Straight opposite Greenwich V Shopping Mall which includes Cold Storage, Food Court, Childcare Centre, Pet Shops & Clinics.
Difficulty Free Connectivity to TPE, CTE, KPE expressways & major roadways.
Flight on the upcoming 2 MEGA CHANGE-- The Seletar Aerospace Hub & The Punggol Digital District.
Complete Private Condominium Status after 10 Years.
If you are a First-Timer, up to $30K Federal Government Grants.
Quality Product at 20%-- 25% Lower Entry Rate as compared to the New Private Condominiums.

Found in Sengkang Fernvale Enclave, Parc Greenwich Executive Condo is simply across Greenwich V Shopping Center and lies in a special enclave. Amenities are all within reach in the Fernvale estate, increasing benefit for residents.

For cars and truck owners, roads such as Yio Chu Kang and Sengkang are at your doorstep. Major expressways like the Seletar Expressway (SLE), Central Expressway (CTE), and Tampines Expressway (TPE) are easily available making it possible for citizens to connect to other parts of Singapore effortlessly.

One of the biggest perks of being a PARC GREENWICH resident is the wide variety of features nearby.

Parc Greenwich site covers about 1.87 hectares or 17,129.9 sq m with an optimum GFA of 47,964 sq m. When finished, the advancement is anticipated to house around 500 contemporary housing units and is anticipated to rise 15 storeys high. The EC will include centers such as a club, health club, tennis court, swimming pool, and a lot more.

Schools within 1km of Parc Greenwich consist of Fernvale Primary School and Sengkang Green Primary School. Within 2km there is Anchor Green Primary School, Fern Green Primary School, Hougang Primary School and Rosyth School.

Parc Greenwich is approximately 900 m away from Fernvale LRT Station and The Seletar Shopping mall. It is also positioned directly accoss The Greenwich V Shopping Mall.

HDB has awarded the Parc Greenwich EC site to Frasers Residential or commercial property Ltd used under the Government Land Sales program (GLS). Parc Greenwich is strategically positioned at Fernvale Lane along Yio Chu Kang Roadway in the North East side of Singapore.

PARC GREENWICH, located on Fernvale Lane, at the intersection of Greenwich V at the picturesque Seletar Hills and the ever vibrant Fernvale, with an upcoming park next door, is a home in an Urban Town. It is an upcoming High-end Executive Condo (EC) with 496 systems ranging from 2-bedroom + research study to 5-bedroom units, developed by Frasers Home Singapore. Parc Greenwich is prepared for its locals 'enjoyment as a household, a location with a plethora of facilities for families to bond, a promise of a meaningful future.

The developer Frasers Residential or commercial property won the tender after submitting the greatest bid of $286.5 million, equating to $555 psf ppr. Coming close was a bid from a consortium in between MCC Land (Singapore) and Sing Holdings Residential. They submitted a bid of $285.1 million comparable to $552 psf ppr.Out of the 7 bidders, a quote from a collaboration led by Evia Realty came last at around $500 psf ppr.

Cope with premium surfaces of chic and smooth and large layout that is thoroughly designed with luxury and beauty in mind. Each individual space is fitted with finest of fittings and finishes with you in mind.

Parc Greenwich is around 900 m away from Fernvale LRT Station and The Seletar Shopping mall. It is a brief range walk from the upcoming Fernvale LRT and with facilities such as shopping malls, healthcare facilities, and schools within the vicinity. Considering Parc Greenwich distance to facilities and amenities and URA's future advancements in the north-east region, Parc Greenwich is expected to receive a high need.

The beautiful landscape of this advancement invites its future residents with a plentiful greenery. With its area surrounded with towering structures, it helps to offer the locals a break from the hectic atmosphere. Calmness and peacefulness within its facilities.

Although Parc Greenwich EC is located in the OCR in District 28, numerous features are within walking range. It is a short distance walk from the upcoming Fernvale LRT and with facilities such as shopping center, healthcare facilities, and schools within the vicinity. The area likewise delights in outstanding connection enabling Parc Greenwich citizens to access the city within a brief trip.

Equipped with a collection of extravagant facilities, this development is the supreme choice for your dream home in the metropolis. A few of this exciting locations include recreational centers like the BBQ lap, fitness center and area swimming pool.


Photo Source: https://www.parc-greenwich-ec.com

PARC GREENWICH, located on Fernvale Lane, at the intersection of Greenwich V at the idyllic Seletar Hills and the ever vibrant Fernvale, with an approaching park next door, is a home in an Urban Village. Parc Greenwich is planned for its residents 'satisfaction as a household, a place with a wide variety of facilities for households to bond, a guarantee of a meaningful future.

Commuting at ease with the surrounding lined up with bus stops as well as MRT and LRT stations, that includes the nearby Fernvale LRT, Thanggam LRT, Tongkang LRT, Layar LRT and Serangoon North MRT. Closed connection to popular schools such as Rosyth Primary School, Nan Chiau High School, Fernvale Primary School, Sengkang Green Primary School, Hougang Primary School, Pei Hwa Secondary School.

Nestled in the tranquil and serene environs of the Northern-Eastern Area of Singapore with unrivaled connectivity and features for sheer benefit, homeowners call it their opportunity to take pleasure in a large series of centers that provide continuous minutes of bliss and the masterfully developed iconic communal gardens and pool.

Considering Parc Greenwich proximity to amenities and centers and URA's future advancements in the north-east area, Parc Greenwich is anticipated to get a high need. Being a residential or commercial property developed by the reliable Frasers Property indicates the advancement will take pleasure in huge success. The 480 systems of Parc Greenwich are set to be highly sought-after by buyers trying to find comfy homes in a relaxing environment accessible to the city.

Seletar Shopping Mall and Greenwich V deal a lot of retail choices, together with fundamentals like grocery stores and dining establishments. A brief drive away is Punggol Town Hub. It features a library, hawker center, child care center and a good choice of health services.

In regards to schools around the area, parents can pick from a wide variety of top close-by schools of all levels. They consist of Brain Buttons Kindergarten, PCF Sengkang Preschool, Anchor Green Pri School, Hougang Pri, Sengkang Green Primary School, Fernvale Primary School, Yio Chu Kang Primary School, Pei Hwa Secondary School, Hougang Secondary School, Sengkang Secondary School and Nan Chiau High School.

Pasir Ris 8 – the condo next to Pasir Ris MRT coming soon

Pasir Ris 8 Overview

An exciting new mixed development, Pasir Ris 8, is coming up in Pasir Ris. Everything about its location is superb, from being located  in one of the most mature estates and the coveted district 18 to being situated right in the heart of Pasir Ris, just next to the Pasir Ris MRT station. The condominium has all the facilities and amenities you need within easy travel. Moreover, the condominium itself is an integrated development consisting of a polyclinic, childcare facilities, retail amenities, town plaza and most importantly, a bus interchange, thus offering future residences even greater convenience.

It has a site area of approximately 408,880sq ft, and about 480 residential units. The units range from one bedder to four bedders. All units are built above a three-storey mall, which has its own separate parking from residential parking which resides on level 3. Residential units will be on levels 4 to 11.

 

Pasir Ris 8 Residence is a 99-year leasehold development by Allgreen Properties and Kerry Properties, who won the bid with nearly S$700 million, which translates into S$684.48 per square foot per plot ratio. This magnificent mixed-use development is expected to be completed by 2024. In fact, both companies are real estate arms for the Kuok Group. Allgreen Properties is one of the largest property developers and has an impressive portfolio. It has won various awards for its high-quality work, for instance, BCA Quality Award (Gold), BCA Quality Mark (Excellent) and more. On the other hand, Kerry Properties is also an award-winning world-class property company with significant investments in Mainland China and Hong Kong.

Reasons for considering Pasir Ris 8

1. Pasir Ris 8 is the only commercial and residential integrated development in District 18.
2. Its strategic location, Pasir Ris MRT station is within walking distance, and will soon become an interchange with 2 MRT lines. Additionally, The bus interchange is linked directly to the condominium.
3. It is located near multiple shopping malls.
4. The condominium is developed by reputable developers, Allgreen Properties and Kerry Properties.
5. Every unit is created with premium grade materials and fittings.

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