What to expect from the upcoming Parc Central Residences?

Pasir Ris is a planning area and residential town located in the East Region of Singapore. It is bordered by Tampines and Paya Lebar to the south, Sengkang to the southwest and Changi to the east. The planning area also shares riverine boundary with Punggol to the west, separated by the Serangoon River, as well as having a maritime boundary with the North-Eastern Islands planning area, across the Straits of Johor.

Parc Central Residences, is located along Pasir Ris Central, Pasir Ris Drive 3 and 5 with MRT Station within very walking distance. It is also located beside Pasir Ris One and Pasir Ris Town Park. Parc Central Residences showflat is currently under construction and should be ready soon in 2020 likely h1. The gallery show suites when launch is going to be preoccupied and walk-in is surely not suggested.

Parc Central Residences is a white site next to Pasir Ris MRT Station, and it was awarded to Allgreen Properties and Kerry Properties by HDB. The winning bid is nearly $700 million, which works out to $684.48 per square foot per plot ratio (psf ppr) based on total gross floor area of 1.02million sqft.

The estimated breakeven price of Parc Central Residences is around $1,176 psf. Parc Central Residences launch price may range from $1500 psf onwards.

Parc Central Residences takes only 8-10 min drive to reach airport. With the newly completed Project Jewel and on-going Terminal 5 expansion, more employment will be drawn to the area in the next decade. Not only that, Parc Central Residences is close to Tampines Regional Center as well as Loyang Industry estate.
Coming to 2029, with the completion of 1st phase of Cross-island Line linking Changi to Bright Hill, Pasir Ris station will become an Interchange. The new line will shorten journey time to other parts of Singapore by upto 70 mins, it will also serve as alternative to East-West Line when it’s fully completed.