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Parc Canberra EC Project Details

A Brief Summary Of The Most Important Facts And Figures

Following is the summary of some of the critical information of Parc Canberra EC for your easy reference.

The best way to find out more about this development, to familiarise yourselves with the actual executive condo location, is to arrange a showroom viewing with us. The unique selling points, any upside potential, competitor market analysis, key features, finishes and floor plan layouts will be highlighted and presented to you for your consideration.

Parc Canberra EC Project Details
Developer Hoi Hup Sunway Canberra Pte. Ltd. (JV: Hoi Hup Realty Pte Ltd and Sunway Developments Pte Ltd)
Project Name Parc Canberra EC
Tenure 99-Years Leasehold commencing from 10 December 2018
Location Canberra Link Singapore
District 27
Planning Area Sembawang
Region North
CCR/RCR/OCR Out of Central Region
Site Area (SQFT) 194,187.40 SQFT
Site Area (SQM) 18,040.6 SQM
Plot Ratio 2.75
Number of Blocks/Towers 10 Blocks
Number of Storeys 11- & 13-Storeys
Number of Units 496 Residential Units
Number of Car Park Lots 496 + 4 Handicap Lots (Basement)
Expected Vacant Possession 09 September 2023
Project Account OCBC Bank for Project A/c No. 713-070506- 001 of Hoi Hup Sunway Canberra Pte Ltd
Showflat Address Next to Sun Plaza / Sembawang MRT station
(Entrance via Sembawang Vista)
Showflat Opening Hours 10:00 AM - 7:00 PM

Parc Canberra EC Unit Mix

The Optimal Unit Mix Of This Development

Parc Canberra EC is a beautiful high-rise private development comprises of 496 Residential Units (2- to 5-bedroom), across 10 Blocks and stands 11- & 13-Storeys tall. The unit sizes range from 829 sqft for a two-bedroom + study unit to 1,453 sqft for the five-bedroom + utility + yard unit.

Bedroom Types SQFT SQM No. of Units Est. Maintenance $
Total
496  
2 Bedroom + Study B1 829 77 1 $330
3 Bedroom C1, C2, C3 818 – 926 76 – 86 77 $330
3 Bedroom + Study C4, C5 926 – 947 86 – 88 168 $330
3 Bedroom + Utility + Yard C6, C7, C8 947 – 1001 88 – 93 182 $330
4 Bedroom + Utility + Yard D1, D2 1152 – 1184 107 – 110 57 $385
5 Bedroom + Utility + Yard E1 1453 135 11 $385

Parc Canberra EC Land Acquisition

Estimated Cost & Breakeven

Parc Canberra EC will be developed by the well-known property developer Hoi Hup Sunway Canberra Pte. Ltd. (JV: Hoi Hup Realty Pte Ltd and Sunway Developments Pte Ltd). They won the bid for the land on 10 September 2018, and it works out to about S$931 per square foot per plot ratio (estimated breakeven).

Estimated Cost Breakdown
Site GFA (SQM) 45,101.5
Land Price ($m) $271
Est. Construction Cost ($m) $106.8
Est. Land Financing ($m) $23.7
Est. Professional / Legal / Taxes ($m) $45.3
Est. Marketing / Others ($m) $5.4
Estimated Total Cost ($m) $452.2
Estimated Breakeven ($PSF PPR) $931

 

Source: EdgeProp