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PARC ESTA - THREAD

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Old 19-11-2018, 09:31 AM   #1
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PARC ESTA - THREAD
who are the satki 300plus new owners.

gong xi gong xi.
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Old 19-11-2018, 11:39 AM   #2
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Its considered high price but near mrt price wont drop so much i think.
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Old 19-11-2018, 04:21 PM   #3
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I thought the location, design, everything together was ok. However, I have my doubts with 1,400 units at this development. So many people meaning there may be crowds using the pool etc.
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Old 19-11-2018, 04:29 PM   #4
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This project looks not bad. Not familiar with the location so shall not comment about the price. Interesting to see a noticeable group of Malays looking at this project.
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Old 19-11-2018, 04:33 PM   #5
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View Post annetyu wrote:
This project looks not bad. Not familiar with the location so shall not comment about the price. Interesting to see a noticeable group of Malays looking at this project.

Any agent worth their salt will tell potential buyers whatever their races that $3500/monthly pay can own 1 hdb n 1 condo. Anyway this is geylang serai area so sure got the top rich malays wanna stay.
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Old 31-03-2019, 04:37 PM   #6
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https://www.straitstimes.com/busines...-keen-response

Sims drive site sold for 732psf ppr after 5 bids. Compared to park esta's 909psf ppr.
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Old 31-03-2019, 07:36 PM   #7
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View Post annetyu wrote:
https://www.straitstimes.com/busines...-keen-response

Sims drive site sold for 732psf ppr after 5 bids. Compared to park esta's 909psf ppr.
Parc Esta is considered overpriced then?
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Old 31-03-2019, 07:44 PM   #8
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Ya la, who knows gov chu4 pattern. Rather than seeing Parc esta as overly priced, we should think of this plot as a good buy when launched.

View Post annetyu wrote:
https://www.straitstimes.com/busines...-keen-response

Sims drive site sold for 732psf ppr after 5 bids. Compared to park esta's 909psf ppr.
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Old 31-03-2019, 07:44 PM   #9
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View Post zinedine wrote:
Parc Esta is considered overpriced then?
Not too familiar with the area so I won't comment. But sims drive is at a more central location.

Developer of parc esta was very optimistic of the market by offering much higher than what the owners asked for back in 2017.
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Old 31-03-2019, 08:16 PM   #10
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View Post zinedine wrote:
Parc Esta is considered overpriced then?
Sims urban oasis -14xx to 15xxpsf (surrounded by industrial, PIE, HDB, slightly far off from mrt)
Parc Esta - 16xx to 17xx psf (nearer to many eateries, mrt just across the road)
Park place - 1800 to 2000 psf (next to mrt circle line, tons of Malls, 3 grade A office).

The 3 are of different league in D14, price difference quite logical to me.
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Old 31-03-2019, 08:20 PM   #11
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View Post NiShiZhu wrote:
Sims urban oasis -14xx to 15xxpsf (surrounded by industrial, PIE, HDB, slightly far off from mrt)
Parc Esta - 16xx to 17xx psf (nearer to many eateries, mrt just across the road)
Park place - 1800 to 2000 psf (next to mrt circle line, tons of Malls, 3 grade A office).

The 3 are of different league, price difference quite logical to me.
I agree on this. Wifey is keen on Parc Esta, but I have my reservation.

Can I ask what is your take on Normanton Park? 1600 unit. Besides AYE. I like that place quite a bit. But not near to MRT nor markets...
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Old 31-03-2019, 08:36 PM   #12
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View Post zinedine wrote:
I agree on this. Wifey is keen on Parc Esta, but I have my reservation.

Can I ask what is your take on Normanton Park? 1600 unit. Besides AYE. I like that place quite a bit. But not near to MRT nor markets...
The land not cheap, 969 psf ppr. (Should b 16xx to 17xxpsf onwards) - just my Guess.
May yield 1800 units, another mega project leh.
The only motivation for this project is the future Greater Southern Waterfront that will offer Normanton Park more choices of work and recreational facilities and it’s near to one north business district, science park, nus.
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Old 31-03-2019, 08:38 PM   #13
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View Post NiShiZhu wrote:
The land not cheap, 969 psf ppr. (Should b 16xx to 17xxpsf onwards) - just my Guess.
May yield 1800 units, another mega project leh.
The only motivation for this project is the future Greater Southern Waterfront that will offer Normanton Park more choices of work and recreational facilities and it’s near to one north business district, science park, nus.
The silat Avenue site better. Close to Cbd and the upcoming southern waterfront and walking distance to future cantonment mrt station
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Old 31-03-2019, 08:38 PM   #14
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View Post zinedine wrote:
I agree on this. Wifey is keen on Parc Esta, but I have my reservation.

Can I ask what is your take on Normanton Park? 1600 unit. Besides AYE. I like that place quite a bit. But not near to MRT nor markets...
Parc Esta is just 1 mrt stop to PLQ. I will rather bet on PLQ or Parc Esta rather than SIms urban oasis.
But I don’t like mega project, More than 1300 units. Hehe
So I will go for a PLQ, But that’s just me.
Cos I heard once a wise man who says this before - good location is never outdated.

Sigh, miss the boat during Duo Residence launch.
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Old 31-03-2019, 08:58 PM   #15
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Pricing is relative with distance to the nearest MRT station.

Example a 500m to MRT, 100 to 200psf off, a 1km from MRT another 300 to 400psf off.

Not exactly the price range I quoted, but surely a jump in psf vs distance.
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