PARC ESTA - THREAD

Passerboy

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As usual, you are all out against me again.. I am very disappointed in you.

You should read with an open mind. I am not entirely sure he is an agent or joker, and the agent statement was meant more of a joke. He himself say got good appreciation potential then still come here and act stratching his head for what?

After so long in this forum, you should well know many use this agent thing for fun...

Just want to clarify, I am not an agent. No hard feelings, and I am here to listen to everyone’s opinion. Thus far, I had only said PE and Stirling had good potential for capital appreciation on a factual basis(of cod there can be other factors); the comparison for Stirling was cod nearby commonwealth towers were reselling at higher psf and for PE I made comparisons to park place and the fact that payalebar was undergoing transformation. Of cos, the above are solely my opinion.
 

annetyu

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Ohh the Mattar launching soon from what I see on FB. 265 units in total. The project is called The Antares. Probably launching at $1.7-1.9psf

https://www.straitstimes.com/business/companies-markets/top-bid-for-cuscaden-site-smashes-gls-record

“The Mattar Road plot was also hotly contested with 10 bids, with the top offer of $223 million or $1,109 psf ppr from FSKH Development, a consortium of Hock Lian Seng Holdings, Keong Hong Holdings and TA Corporation.”

The mattar land looks like geylang geylang. My advice is that there are plenty of cheap freeholds there, so do check them out first. Nearby also got the infamous mergui road freehold condo at $1,500psf.

I have to agree Paya Lebar central is really attractive but other than the main buildings like PLQ and singpost building, it is still "geylang". It's not only the pinoys that make the area unattractive... Can't be because of this period of euphoria and land bids that geylang is instilled with a whole new vibe within 1.5 years and this mattar land condo can sell for $1,700psf above all the other geyland freeholds?:o
 

NiShiZhu

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The mattar land looks like geylang geylang. My advice is that there are plenty of cheap freeholds there, so do check them out first. Nearby also got the infamous mergui road freehold condo at $1,500psf.

I have to agree Paya Lebar central is really attractive but other than the main buildings like PLQ and singpost building, it is still "geylang". It's not only the pinoys that make the area unattractive... Can't be because of this period of euphoria and land bids that geylang is instilled with a whole new vibe within 1.5 years and this mattar land condo can sell for $1,700psf above all the other geyland freeholds?:o

Same sentiments, valid point. Some more 1700 to 1800psf could be just the break even price, could be higher. Bor hua lah.
 

desboo

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The quality of the project seems very grand; given the specifications used. The full height glass window looks awesome imo. The location also seems ideal (just across Eunos MRT) and is one mrt stop away from Paya Lebar regeneration plan, and pretty close to Katong and East Coast.

Yeah. Quality seems good, which is why I’m trying to see if the good quality is only for showflat or developer will really do a good job based on their past projects.

So far I have seen a few, but PE is the one that gave the best impression within my budget.
 

Passerboy

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Yeah. Quality seems good, which is why I’m trying to see if the good quality is only for showflat or developer will really do a good job based on their past projects.

So far I have seen a few, but PE is the one that gave the best impression within my budget.

I been to park place, avant residence, Jadescape, Stirling, Treasure, tre ver, Park colonial and PE showflat haha. In terms of quality tre ver and parc esta caught my eyes. If you look around more, there are more room for comparisons.
 

desboo

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I been to park place, avant residence, Jadescape, Stirling, Treasure, tre ver, Park colonial and PE showflat haha. In terms of quality tre ver and parc esta caught my eyes. If you look around more, there are more room for comparisons.

I didn’t check out Tre Ver, cos it is a bit of a distance from mrt. Also I feel there are too many projects in TV or PC area. PC has nice vibes for its styling, but fittings does not seem as PE.
 

Passerboy

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I didn’t check out Tre Ver, cos it is a bit of a distance from mrt. Also I feel there are too many projects in TV or PC area. PC has nice vibes for its styling, but fittings does not seem as PE.

That was exactly my same concern— trever being too far from mrt. PC the feel doesn’t seem as grand imo.
 

Passerboy

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annetyu

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Besides mattar launch, that Paya Lebar area will also have another new launch. The enbloc land of Eunos Mansion. New development is called URBAN TREASURES. $1118 per plot/Psf.

launch price will probably be similar to the Mattar plot.

https://www.businesstimes.com.sg/real-estate/eunos-mansion-sold-en-bloc-for-s220-million

Mattar is 99 year leasehold, Eunos Mansion is freehold but Mattar is more central.

Beside Eunos Mansion there is recently completed euHabitat, 99year leasehold, reselling for $1,100psf with weak volume. Is Eunos Mansion worth $700psf more than euHabitat? idk
 

1993newbie

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Well, let’s wait and see what’s the indicative price...

Mattar is 99 year leasehold, Eunos Mansion is freehold but Mattar is more central.

Beside Eunos Mansion there is recently completed euHabitat, 99year leasehold, reselling for $1,100psf with weak volume. Is Eunos Mansion worth $700psf more than euHabitat? idk
 

1993newbie

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237 units in total.

2,3,4 bedders only. I Guess it’s more for family & legacy.

Sure. But they are pretty late entering the game so price has to be competitive for decent sales.
 
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Taniban

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I have always been more or a reader than a writer in these posts but thought I would chip in as I live in the Eunos area (euHabitat) and "was" looking to buy around the East to upsize my condo.

I personally don't think you can go too wrong buying PE. It's literally right next to Eunos MRT and it's one stop away from Paya Lebar. Yes Paya Lebar can still be classed as "Geylang" and there are lots of Pinoys around during the weekends but actually the expats love Eunos/PL/Aljunied/Geylang area. It's a good proximity away from CBD (not too close, not too far) and it's "lively" sector.

PE is also "close" to Joo Chiat as well and a "5-10" dollar taxi ride from Katong.

The quality of the showroom is top notch and one can hope this will be the case in real life. I myself wanted to buy PE but I rushed a little and bought Grandeur Park instead.

But yes, there are options around the area. The newly enbloc Eunos Mansion, Navian etc... EuHabitat as well :D
 

Passerboy

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I have always been more or a reader than a writer in these posts but thought I would chip in as I live in the Eunos area (euHabitat) and "was" looking to buy around the East to upsize my condo.

I personally don't think you can go too wrong buying PE. It's literally right next to Eunos MRT and it's one stop away from Paya Lebar. Yes Paya Lebar can still be classed as "Geylang" and there are lots of Pinoys around during the weekends but actually the expats love Eunos/PL/Aljunied/Geylang area. It's a good proximity away from CBD (not too close, not too far) and it's "lively" sector.

PE is also "close" to Joo Chiat as well and a "5-10" dollar taxi ride from Katong.

The quality of the showroom is top notch and one can hope this will be the case in real life. I myself wanted to buy PE but I rushed a little and bought Grandeur Park instead.

But yes, there are options around the area. The newly enbloc Eunos Mansion, Navian etc... EuHabitat as well :D

Hi, may I seek your opinion what is life like living around eunos? For me, I personally like the Kallang, east coast area, but both are too expensive for me, so I took a look at this PE. Yes, the aesthetics appealed to me, but I was not too sure on the location appeal. Care to share more? Like convenience, eateries and recreation facilities- one point I took was it’s only a $5-$7 grab ride from eunos to ECP which appealed to me.
 

NiShiZhu

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I have always been more or a reader than a writer in these posts but thought I would chip in as I live in the Eunos area (euHabitat) and "was" looking to buy around the East to upsize my condo.

I personally don't think you can go too wrong buying PE. It's literally right next to Eunos MRT and it's one stop away from Paya Lebar. Yes Paya Lebar can still be classed as "Geylang" and there are lots of Pinoys around during the weekends but actually the expats love Eunos/PL/Aljunied/Geylang area. It's a good proximity away from CBD (not too close, not too far) and it's "lively" sector.

PE is also "close" to Joo Chiat as well and a "5-10" dollar taxi ride from Katong.

The quality of the showroom is top notch and one can hope this will be the case in real life. I myself wanted to buy PE but I rushed a little and bought Grandeur Park instead.

But yes, there are options around the area. The newly enbloc Eunos Mansion, Navian etc... EuHabitat as well :D

Grandeur park and Parc esta is about the same league in terms of accessibility, mrt, food etc.
I personally find grandeur park more conducive to stay compared to parc esta as D14 always has that Geylang stigma/crowd.
Grandeur park has good accessibility to jewel/airport, tons of mall in the east, near East Coast and Changi business centre. Parc esta on the other hand is nearer to city but the crowd there can be quite a big diversity. Not forgetting PE is a mega project and is slightly pricier than grandeur park (abt 100psf)
All in all, no need regret your decision as I don’t see any big disparity between the both. Each has its pros and cons.
 
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Taniban

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Well I live in euHabitat so location wise it's less attractive than PE in my opinion but generally like living in Eunos.

If you consider PE, there are lots of good eateries as it's walkabout distance (10 mins walk) to Joo Chiat and slightly further south Katong. If you are lazy like me, just Grab there for less than 10 dollar. Maybe 15 during peak times.

You got a new gym at Singpost. You got cinemas at Singpost, i12, and Parkway Parade. I also got a dog so I walk him around the park connectors etc...

I really cannot complain much about the area except there are lots of Malays are around the area (I'm not racist) and this has always been the issue with Eunos.
 
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