Parc Greenwich

FACTSHEET

Parc Greenwich is an Executive Condominium located along Fernvale Land. The development directly connects to Yio Chu Kang Rd which leads to Central Expressway (CTE) just less than a minute drive away. Residents are able to enjoy the easy connectivity to nearby amenities such as Greenwich V and The Seletar Mall. Easily accessible a short drive away includes Compass One and Waterway Point. Located just opposite Seletar Hills, Parc Greenwich EC is a quiet and peaceful locality surrounded by landed enclaves, private condominium, and new BTOs. The development is also a short drive away from Serangoon Gardens where there are many contemporary cafes, bistros, bars, and many more amenities. 

Parc Greenwich Land Parcel is within close proximity to key places such as Seletar Aerospace Park and Seletar Airport. These 2 location housed many Multi-National Companies (MNCs) with more than 6000 highly skilled workers. With many more empty land planned for future developments, more jobs are expected within this Aerospace Industrial Park. 

Seletar Aerospace Park

Seletar Aerospace Park lies along Seletar which is situated in the north region of Singapore, which is close to Parc Greenwich EC. It is an industrial park that caters to all aerospace related business sectors. It is also part of the development that enhance existing Changi North and also Loyang aerospace business sectors. The space takes up an area of 320 Hectare, with 50% catering to the airport, while the other half catering to a vivid aerospace field. It houses over 60 Multi-National Companies (MNCs) that houses over 6000 professionals that will benefit buyers of Parc Greenwich that is working in this area. In addition, residents of Parc Greenwich that wishes to rent out their rooms in future will have no issues on finding tenants. The key aerospace activities consists of:

1. Maintenance and repair works
2. Manufacturing together with assembly
3. Business as well as basic sector of aviation
4. Training and also R&D

In the past, Seletar Aerospace Park was simply an area filled with mangrove swamps and rubber plantations. The land that was around 240 hectares was acquired by the Straits Settlement government in 1923 and later on handed over to the British Royal Air Force (RAF) to function as a tactical airbase which opened in 1930. This continues to be the base for the RAF of Singapore which is an essential site that secured vital trade and also transport paths. Not till lately in 2006, the Singapore Government has involve JTC Corporation and the Economic Development Board (EDB) to redevelop the airbase toward a flourishing aviation industrial hub. Constructed in phases, it was finished in 2018 which has the capacity to create over 10,000 experienced labor force in the area. Parc Greenwich will thus make an ideal long term investment with the growing workforce over at Seletar Aerospace hub.

The goal to retain part of Singapore’s history was a success. The 320-hectare park is currently a prospering aviation industrial center that include not just Seletar Flight terminal, but also 32 colonial establishments along with bungalows. The majority of this places are preserved and rented out to retail tenants. It is currently a local attraction to stop by this area, with conserved black and white bungalows rented out to F&B establishments. Such can be discovered over at The Oval in Seletar. These areas brings live right into an otherwise mundane location by which citizens can relish the rustic feeling while patronising in such restaurant or bistro bars. Parc Greenwich is located just a short drive away from Seletar Aerospace Park. Residents of Parc Greenwich will definitely benefit from the short commute time to this unique area. 

Punggol Digital District

Punggol Digital District (PDD) lies in Punggol North with the vision to be a growth region comprising mainly of educational institutions, digital organisations, and cyber-security related sectors. It intends to bring the workforce closer to the heartlands for residents in the north or northeastern area in which Parc Greenwich is located in. PDD is linked to the greater Punggol area which aims for a car-lit as well as eco-friendly neighbourhood with vibrant surroundings. An extensive network of paths for both cyclist, pedestrian, and vehicles will be planned into PDD to form a smooth connection for all commuters. On top of that, the building and construction of the Punggol Coast MRT station that forms part of the North Eastern Line is going to enhance connection to PDD which residents of Parc Greenwich can benefit from in future.

Punggol Digital District comprise of business park developed by JTC Corporation, and also the Singapore Institute of Technology (SIT). It will certainly be the very first District that is going to integrate business enterprise along with academic training that are driven by urban innovation. This is according to Singapore’s long term strategy in term of economical point of view by the continuous decentralisation together with the creation of jobs closer to the heartlands. Residents of Parc Greenwich with youths and children studying over at SIT will have a short commute time to school. PDD will include residential areas to live, business organisations and multi national companies for jobs, SIT for learning, and public areas with parks. Punggol Digital District will be a home to vital development sectors in-line with the new IT economy that Parc Greenwich can benefit from. This will definitely generate approximately 28,000 over jobs to the northeastern region of Singapore. PDD is presently developed in stages and will set to finish by 2024. In the long run, Parc Greenwich resale value will increase over time as rental demand increase in the region.

Closer to home, the upcoming URA masterplan reveals more potential growth in District 28. One of which includes the development of Sengkang West Industrial Park. The phased development of this locality will generate a pool of good profile tenants for the investors looking to buy into Parc Greenwich EC. These highly skilled workers will be working in one of the many high tech jobs in the wafer fabrication industry. Sengkang West Industrial Park will bring business activity closer to the heartlands and further adds value to the precinct. 

Other major developments in the near future over in Sengkang is the Punggol Digital District. More jobs will be created upon completion of this area. It will house many jobs in the field of the digital world such as cyber security, data analytics, and many more. Set to be ready from 2023, the young demographics of Sengkang will be much suitable for the development of the Punggol Digital District. 

Parc Greenwich offers many upside potential for both home owners and investors. It will also be the first District 25 Executive Condominium launch in almost 8 years. Register your interest to find out more information on this development. 

About the Development

Parc Greenwich is an Executive Condominium developed by Frasers Property under its subsidiary Fernvale Lane Pte Ltd. The EC is located along Fernvale Lane and will comprise a total of 496 units, 9 blocks of 14 storey apartments, basement parking, and full condominium facilities. Potential buyers are able to have a wide selection choice of 1 to 5 bedrooms and penthouses. In addition, there will be variation within each bedroom types. 

Coming back home, residents will be welcomed by a grand and large arrival point. The resort style concept offers a relaxing seating area that is equipped with sofa and coffee table for residents to wait comfortably in. Enjoy the relaxing sound of water while you wait for your pickup to come.

Situated behind the arrival lounge, we proceed into the inside of the development. Over at Blk 31, residents may book in one of the many function rooms that is available in Parc Greenwich EC. Known as the “Greenwich Room”, it overlooks into the Function Lawn and children’s playground nearby. Also on the ground level of blk 31, residents may book the Club Room to host special events and occasions. 

Just across the Village Lawn is Parc Greenwich lap pool. This is the main lap pool which is 50m in length that has greenery planted along the perimeter of the pool. Also included is a relaxing lounge and Oasis deck for residents to get their sun tan. 

A special water feature that sits in between the pool and the function room at blk 31 is the Waterfall Lounge. Families can spend time over in this area while their children play over the nearby Children Playground. Parents are able to socialise with other parents and take a breather over at the Waterfall Lounge that is located nearby.

There are many facilities over at Parc Greenwich for kids to enjoy in. Another facilities includes the Splash Pool where children can expense their energy playing in this area. Located just beside is a sheltered pavilion whereby parents can sit and relax under the shade while overlooking their kids.

Another section called the Spa Valley can be found just 1 block away from the main lap pool of Parc Greenwich EC. This area features a section that comprise of various chill-out and tranquility area that includes a Spa Garden, pool, and chill-out Deck. Residents can enjoy some private time in this area that provides peace and tranquility.

Tucked at the corner of the development is the Wellness Zone. Over in this area there are 3 levels of facilities. On the first level, facilities includes the Village Hall and Steam Room (with changing room). The second level features a gym and fitness deck. The 3rd and final level includes a BBQ pavilion with a viewing deck. 

Parc Greenwich offers a range of facilities to for residents to indulge in. It features a full range of condominium facilities and also a tennis court. Apart from the facilities, all unit types are equipped with the latest SMART Home provisions. They include AC Control settings, Digital door lock, Gateway and IP camera, and many more from reputable brand Fermax. 

All units will come partially furnished with fittings and fixtures. They include a fully furnished kitchen including a gas hob for all unit types, fully furnished bathroom, wardrobe in all bedrooms, and air conditioned units. To find out more details on the provisions provided, register your interest in the form for an appointment today!

The Developer & Site

The tender plot for Fernvale Land received a total of 7 bidders. The land parcel was put up for tender in early 2020. The tender pricing for the site drew a competitive result of between $500-555 per square feet per plot ratio (psf ppr). The top bidder went to Frasers Property or FCL, which submitted a price of $286.5 mil that translate to $555 psf ppr. Second place went to Sing Holdings and MCC Land which lost out by a mere 0.5%. The price awarded roughly indicates that this Executive Condominium will sell around $1000-1100 psf. This is quite comparable to the recent EC tender site at Canberra Link, which is about $566 psf ppr, and Tampines Avenue 10 EC land parcel which is about $578 psf ppr.

Frasers Property is a local real estate company that develops, owns, and manages properties globally. They have several business units outside of Singapore that includes Thailand, Australia, Vietnam, China, and even in the United Kingdom. The company first started off as Cold Storage Limited, which is a retail chain. Their first property development in Singapore was back in the 80s in what is today known as The Centerpoint located in Orchard Road Singapore. Cold Storage Limited was soon owned by Fraser and Neave. The property arm of Cold Storage Limited soon became known as Centrepoint Properties Limited (CPL). Over the years, the property arm CPL continue building and adding more to their property portfolio. Some of which includes Northpoint Shopping Centre in Yishun and other overseas projects. By 2002, CPL was wholly owned by F&N. The property arm was soon rebranded as Frasers Centrepoint Limited (FCL). It’s parent company, F&N was later acquired by TCC Group for $11 Billion. It was later announced that FCL will be its own separate entity under the TCC Group. In 2018, FCL went through another rebranding and is officially name as Frasers Property Limited. Their commercial portfolio includes a long list of popular malls such as

• The Centrepoint
• Northpoint City
• Bedok Point
• Causeway Point
• Century Square
• Hougang Mall

…and many more. They also have more than 17,000 residential properties locally here in Singapore. 

Site Plan & Facilities

Floor Plan

Parc Greenwich comprise of a range of 2-5 bedrooms types and penthouses. In addition, there are variations within each type of layout to cater for different groups of home owners. Shown below are the various showflat layout plans.

Fill in the form to receive via Whatsapp a copy of

• Parc Greenwich e-Brochure Download
• Parc Greenwich Floor Plan Download
• Parc Greenwich Balance Unit/Availability Chart and Price List

SHOWROOM FLOOR PLAN

Parc Greenwich Virtual Tour

3 Bedroom Premium + Study

Parc Greenwich virtual tour showing 3 Bedroom Premium + Study, type C5A, size 1066sqft

Link: Parc Greenwich 3 Bedroom Premium + Study Virtual Tour

4 Bedroom Premium Penthouse

Parc Greenwich virtual tour showing 4 bedroom Penthouse, type D1-PH, size 1410sqft

Link: Parc Greenwich 4 Bedroom Premium Penthouse Virtual Tour

PRICE & Balance Unit

Parc Greenwich EC Indicative prices coming soon

Estimated average PSF to be $1000-1100

2 Bedroom – From $895,000

3 Bedroom – $1,055,000

3 + Study – $1,195,000

4 Bedroom – $1,375,000

5 Bedroom – $1,695,000

The pricing indicated above are subject to change and may not be up to date. For more information on Parc Greenwich EC price and availability, fill in the form below for a showroom appointment. Showflat is open by an appointment basis so hurry and register your interest for a viewing session to avoid any disappointment!

Why is Parc Greenwich a good buy

6 main reason to make Parc Greenwich your next purchase

• Low supply and great demand
• Reputable developer
• Peace and serenity
• Upside potential
• Great locality
• Affordability and value

1. Low Supply and Great Demand

The shortage of executive condominium in District 28 leads to the increasing demand from HDB upgraders and home buyers looking to purchase their first condominium at an affordable entry level

2. Reputable Developer

Have a peace of mind in terms of quality built knowing that Parc Greenwich is developed by reputable developer Frasers Property

3. Peace and Serenity

Parc Greenwich offers buyers to own a condominium in a low density area with close proximity to landed enclave over at Seletar Hill

4. Upside Potential

Masterplan transformation in the district that will bring businesses, convenience, and skilled tenant pools to the area

5. Great Locality

Within close proximity drive to identity nodes such as Jalan Kayu and Serangoon Gardens

6. Affordability and Value

Choice selection of units from 1-5 bedrooms and penthouses at an affordable EC pricing

Frequently Asked Questions (FAQ)