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Thread: Parc Life EC

  1. #1

    Thumbs up Anybody heard that a new EC by FCL will be launching soon?

    Jointly developed by FCL and Keong Hong Holdings, this EC, Parc Life will be launching soon. Versatile floor plans. Nice!

  2. #2
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    Dec 2011
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    Anyone know is it for EC . 2 singles above 35 years old And is Singapore citizen can apply dont need to Have family nucleus . is it true ?

  3. #3
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    Family nucleus

    You will need to qualify for the EC under one of these eligibility schemes:

    Public Scheme
    Fiancé/Fiancée Scheme
    Orphans Scheme
    Joint Singles Scheme

    http://www.hdb.gov.sg/cs/infoweb/res...e-condominiums

    Age

    At least 21 years old
    At least 35 years old, if applying under the Joint Singles Scheme

  4. #4
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    Joint Singles Scheme
    You and up to 3 other co-applicants, and all of you are:

    Single (unmarried, divorced, or widowed)
    Singapore Citizens
    At least 35 years old
    Applying jointly as co-applicants
    The CPF Housing Grant for singles is not available when buying an EC.

    https://www.google.com.sg/search?q=J...hrome&ie=UTF-8

  5. #5
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  6. #6
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    Quote Originally Posted by Arcachon View Post
    Family nucleus

    You will need to qualify for the EC under one of these eligibility schemes:

    Public Scheme
    Fiancé/Fiancée Scheme
    Orphans Scheme
    Joint Singles Scheme

    http://www.hdb.gov.sg/cs/infoweb/res...e-condominiums

    Age

    At least 21 years old
    At least 35 years old, if applying under the Joint Singles Scheme
    just want to know the 2 singles dun need to have family nuleus ? under the joint single scheme

  7. #7
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    Mar 2016
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    4

    Default Parc Life EC

    Parc Life EC http://www.singaporepropertydistrict.../parc-life-ec/ is by Fraser and is expected to launch in April.

    Just beside Parc Life is another EC; Skypark Residences http://www.singaporepropertydistrict...residences-ec/ This EC does not require Resale levy and is expected to TOP soon.

  8. #8

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    Quote Originally Posted by kennethtangs View Post
    just want to know the 2 singles dun need to have family nuleus ? under the joint single scheme
    under the HDB Website, two singles (one must be SC) is a family nucleus. They called it the Joint Singles Scheme.

  9. #9

    Default Parc Life : Life Just get Beautiful



    PARC Life Executive Condominium: Life Gets Beautiful Here

    About the Project

    Parc Life Singapore is a new launch condo developed by Frasers Centrepoint and Keong Hong that swathes a total area of 238,850 sqft and is a type of luxurious condo. It consists of total 628 residential units along with 11 blocks with a height of the 15-16 storey. The condominium would come up with 2-5 bedroom units and would become highest condo for sale.

    Register Now for the latest infromation.

  10. #10
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    http://www.straitstimes.com/business...to-be-launched

    Another Sembawang EC to be launched

    Average prices at Parc Life, which goes on sale on Saturday, are between $770 and $800 psf

    Wong Siew Ying


    Another executive condominium (EC) project, Parc Life, will hit the market on Saturday - the second EC development to be launched in Sembawang in just over a week.

    The 628-unit EC in Sembawang Crescent, jointly developed by Frasers Centrepoint and Keong Hong Holdings, promises "doorstep access" to adjacent Canberra Park, and is near Sembawang MRT station.

    Parc Life comprises two- to five-bedroom units in a variety of layouts, ranging from 753 sq ft to 1,550 sq ft.

    Average prices range from $770 to $800 psf, the developers said in a joint statement yesterday.

    "We are out there to compete," said Frasers Centrepoint chief executive of development and property Cheang Kok Kheong at a media preview of the showflat on Tuesday.

    Parc Life will be vying for buyers against projects such as Qingjian Realty's 632-unit The Visionaire EC at Canberra Link launched on April 8. It garnered over 400 e-applications for units over the weekend.

    Two previously launched projects in the area with units still on offer are The Brownstone by City Developments and TID, and SkyPark Residences by joint venture company Oasis Development.

    The median price for The Brownstone was $819 psf, and $767 psf at SkyPark Residences in February, while Qingjian said prices of units at The Visionaire will be announced only after April 17 when e-applications close.

    Competition may be stiff, but Mr Cheang believes there is still healthy demand for ECs from Housing Board upgraders and young couples. He added: "About 70 per cent of buyers we are targeting are the first-time buyers and upgraders living within the 3km range in Yishun, Woodlands and Sembawang, while we anticipate that the remaining 30 per cent will comprise homeowners currently living along the North-South MRT (red) line."

    E-application for units at Parc Life will open from April 16 to 24.

    Successful applicants can book their unit on April 30. The development is expected to be completed in the first quarter of 2018.

    Parc Life's developers had rejigged unit sizes there after the Government raised the household income ceiling for eligible EC buyers from $12,000 to $14,000 last August. Frasers Centrepoint general manager for sales and marketing Elson Poo said: "At $14,000 income, they generally can afford a larger apartment." It reduced the number of two-bedders from 100 to 46 to fit in more three-bedroom units, and it also introduced 16 five-bedders.

    About 77 per cent of the units at Parc Life are three-bedroom or three-plus-universal room options.

    Frasers Centrepoint said Parc Life will have spa pools, a 50m infinity pool overlooking Canberra Park and a pet-grooming pavilion.

    It is the third EC to be launched this year, after Wandervale at Choa Chu Kang and The Visionaire.

    OrangeTee.com, one of the property agencies marketing Parc Life, said the EC market got off to a good start this year with Wandervale selling 292 of 534 units last month.

    However, some analysts told The Straits Times that EC sales are generally expected to remain slow.

    Chestertons managing director Donald Han noted: "It is going to be a tough market because of the weak sentiment, and the fairly large EC supply. There is excess capacity in the market." As of February, about 3,200 EC units were unsold.

    Century 21 Singapore chief executive Ku Swee Yong said: "The number of EC units launched but were left unsold climbed rapidly last year, allowing us to conclude that we have exhausted most of the demand for ECs, and raising the income ceiling did not lead to a significant additional demand."

    Despite the headwinds, analysts say Frasers Centrepoint's proven track record and familiarity with the property market in the northern part of the island should give it a slight edge over competing projects in Sembawang.

  11. #11
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    http://www.businesstimes.com.sg/real...o-in-sembawang

    FCL launches new executive condo in Sembawang

    By Grace So

    [email protected]

    Apr 14, 2016


    DESPITE upcoming supply, Frasers Centrepoint Limited (FCL) is not concerned about the executive condominium (EC) market, proceeding with the launch of its latest project, Parc Life, at an average price of S$770 to S$800 per square foot (psf).

    "We believe there is healthy demand from HDB homeowners who have achieved the minimum occupation period (MOP) and are looking to re-invest or upgrade," said Cheang Kok Kheong, chief executive officer of development and property at FCL.

    Mr Cheang added ECs are also appealing to the first-time buyers, especially young couples who are setting up their first home, because of their potential for capital appreciation after the five-year MOP.

    Parc Life comes with a full suite of facilities usually available at private condominiums, including a 50-metre-long infinity pool overlooking Canberra Park, eight spa areas, gymnasium, foot reflexology corner, tennis court and even a pet pavilion for residents to groom their pets.

    The EC is next to the newly revamped Canberra Park, and a mere five-minute walk to the Sembawang Integrated Hub which comprises Sembawang MRT Station, Sembawang bus interchange and the Sun Plaza mall.

    The project consists of 11, 15 and 16-storey blocks, and a total of 628 units, with the same number of parking lots and an additional five handicap lots.

    Units at Parc Life feature FCL's signature Verandah, Vista and Viva layouts.

    Verandah units have an alfresco layout that features a seamless transition between the living room and kitchen. The Verandah layout comes in three-bedroom units, which range in size from 980 to 1,055 sq ft, and four-bedroom units, which are 1,281 sq ft.

    Vista units feature an extended living and dining area with a wide balcony. This layout is offered in three-bedroom units, which are 1,066 sq ft, four-bedroom units, which are 1,270 sq ft, and five-bedroom units, which are 1,550 sq ft.

    The three-bedroom apartments make up the majority of Parc Life's units, and the project offers only 16 five-bedroom units.

    Viva units are meant to cater to the younger and smaller families, and therefore come in smaller sizes. The two-bedroom Viva units range in size from 753 to 764 sq ft, while the three-bedroom units range in size from 926 to 1,001 sq ft.

    Parc Life also offers slightly bigger three-bedroom Verandah and Vista units that come with a universal room. Buyers can choose from three different layout options for their universal room, depending on their lifestyle needs.

    FCL's Chinese competitor Qingjian Realty also recently launched its EC, The Visionaire, in the Sembawang area. It received an enthusiastic response on the first weekend e-applications opened, with more than 400 applications being made for the 632-unit project.

    The Visionaire's selling point is that its units feature smart devices that residents can remotely access via a mobile app.

    However, Mr Cheang explained that the current hard-wired smart home systems do not provide flexibility and that the wireless alternative is still in a developing stage. "In a survey we conducted, we do not see a significant demand for smart homes. Therefore, we are focusing on providing homeowners with quality finishes and unique unit layouts while leaving them the flexibility to customise and install their own smart home system to match their lifestyles," said Mr Cheang. E-applications for Parc Life will start on April 16 and end on April 24. Bookings will take place on April 30. The project's expected date of Temporary Occupation Permit is in the first quarter of 2018.

  12. #12
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    Default Official Parc Life EC Updates

    Parc Life EC is an all new 99-years leasehold executive condominium along Sembawang Avenue and also Gambas Crescent. It is collectively created by distinguished designers, Frasers Centerpoint Limited as well as Kheong Hong Pte Ltd, that are both noted business in SGX and also have exceptional current record such as North Park Residences, RiverTrees Residences, Twin Fountains EC and also SkyPark Residences EC.
    Curated by Frasers Centrepoint Homes, Parc Life is an all new 628-unit executive condominium in Sembawang particularly developed to fulfill the demands of your contemporary household, big or tiny.

    Parc Life EC contains 11 towers with either 15 or 16-storey high and also is within strolling range to Sembawang MRT station and also Sembawang bus interchange. The growth has complete apartment centers such as swimming pool, health club pool, wading pool, feature area, interior fitness center, BBQ location as well as environment-friendly yard.

    Latest Price Update for Parc Life Executive Condo for Frasers Centrepoint

    2 bedroom VIVA @ frm $585k ($776 psf)
    3 bedroom VIVA @ frm $701k ($749 psf)
    4 bedroom VISTA @ frm $960k ($756 psf)
    5 bedroom VISTA @ frm $1.193m ($769 psf)


    Attractive Promotion!!
    Promo got extended!!
    Purchase @ DPS Scheme with NPS Price!


    Click on Parc Life to get your special discounts today!
    Register at this link - Parc Life!

  13. #13
    Join Date
    Dec 2016
    Posts
    13

    Default Purchase Parc Life -> DPS Scheme with NPS Price!

    Parc Life EC is an all new 99-years leasehold executive condominium along Sembawang Avenue and also Gambas Crescent. It is collectively created by distinguished designers, Frasers Centerpoint Limited as well as Kheong Hong Pte Ltd, that are both noted business in SGX and also have exceptional current record such as North Park Residences, RiverTrees Residences, Twin Fountains EC and also SkyPark Residences EC.
    Curated by Frasers Centrepoint Homes, Parc Life is an all new 628-unit executive condominium in Sembawang particularly developed to fulfill the demands of your contemporary household, big or tiny. This is one of the best Sembawang EC

    Parc Life EC contains 11 towers with either 15 or 16-storey high and also is within strolling range to Sembawang MRT station and also Sembawang bus interchange. The growth has complete apartment centers such as swimming pool, health club pool, wading pool, feature area, interior fitness center, BBQ location as well as environment-friendly yard.

    Latest Price Update for Parc Life Executive Condo for Frasers Centerpoint

    2 bedroom VIVA @ frm $585k ($776 psf)
    3 bedroom VIVA @ frm $701k ($749 psf)
    4 bedroom VISTA @ frm $960k ($756 psf)
    5 bedroom VISTA @ frm $1.193m ($769 psf)


    Attractive Promotion!!
    Promo got extended!!
    Purchase @ DPS Scheme with NPS Price!


    Click on Parc Life to get your special discounts today!
    Register at this link - Parc Life!

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