Parc Canberra Executive Condominium Review

17 Feb 2020

Parc Canberra Executive Condominium Project Summary

Key Selling Points of Parc Canberra Executive Condominium:

  • A mere 350m away from the new Canberra MRT Station
  • Upcoming Canberra Plaza just opposite Canberra MRT Station
  • Upcoming Bukit Canberra opposite the development, a sprawling 12 hectare community space featuring amenities such as a hawker centre, indoor and outdoor sport facilities, a polyclinic, a senior care centre, green spaces for community farming 
  • 1 MRT stop away from Yishun Northpoint City, a mega integrated mall 
  • Upcoming North South Corridor, a 21.5 km integrated expressway 

Parc Canberra Balance Units Chart

Keen to know which are the balance units at Parc Canberra? 

Check out the Parc Canberra Balance Units Chart here.

Parc Canberra EC - The First EC Launch of 2020

Over the past weekend from 15 to 16 February 2020, we saw the launch of Parc Canberra, the first EC to be launched in the year 2020, and it received a resounding response. 

Keen buyers thronged the showflat, eager to find out more about the development. This is despite the beginning signs of coronavirus spread in Singapore. 

The result? 

As many as 64% of its 496 units were snapped up just over the launch weekend. The average launch price was at $1,085psf.

What is the attraction behind this EC, and why did it receive such a good response? In this review, we'll find out why.

You can read more about the Parc Canberra launch here.

Parc Canberra EC - An Introduction

Parc Canberra is located in District 27, which is Sembawang/Yishun area. 

The development sits on a land area of 194,187 sqft, and is located a mere 350m away from Canberra MRT, which opened on Nov 2019. 

The proximity to a train station allows Parc Canberra to lay claim to being the EC closest to an MRT at launch. 

Here are some details regarding the development:

  • Developer: Hoi Hup Sunway Canberra Pte Ltd
  • Address: Block 1 to 19 Canberra Walk
  • Plot Ratio: 2.5
  • Tenure: 99 year leasehold
  • No. of units: 496 residential units 
  • TOP Date: Sep 2023

This Executive Condominium has been designed to cater to families and the needs of a modern lifestyle.

The facilities include a multi-purpose court, several barbecue pits, 4 pools, a gym, a Club House, community garden, jogging trail and kids' playground.

Parc Canberra EC - Excellent Location

The condo is located within an area which will see several upcoming developments in the coming years.

There is the upcoming Bukit Canberra Integrated Hub, which will host many facilities catered for the family, such as a swimming complex, forest playground, and more. 

With Bukit Canberra, families can enjoy the convergence of nature and city life, and residents will enjoy a lifestyle like that of a resort, yet still live close enough to work.

 

Parc Canberra EC sits in the enclave of Sembawang, at the intersection of Canberra Link and Canberra Walk, and is only 350m away from the nearest MRT station, Canberra MRT. This means that residents can avoid any morning and evening rush on buses and access the MRT easily. 

For shopping and entertainment needs, residents are well served, with options well within walking distance. 

In terms of transport options, the convenience of the nearby MRT means that residents are only a short way from Singapore's shopping centres in city centre. 

If you are driving, city centre is just a 20-30 minute drive away, providing easy access to many needs. 

Parc Canberra Developer

Parc Canberra's Developer is Hoi Hup Sunway Canberra Pte Ltd, a consortium comprising Hoi Hup Realty Pte Ltd and Sunway Developments Pte Ltd. 

The combined strengths and expertise of these two companies have all the attributes of a winning combination, which sparked off the success of not just one, but two collaborations, of Design – Build-Sell-Scheme (DBSS) public housing developments, namely City View @ Boon Keng and The Peak @ Toa Payoh.

Hoi Hup Realty Pte Ltd

Hoi Hup Realty Pte Ltd is a well-established property developer based in Singapore.

Under Hoi Hup Group of companies, their portfolio sports numerous locales both prominent and notable developments like Residences @ Killiney, Shelford23, Suites @ Cairnhill, Charlton Villas, De Royale and more.

With unflinching, dedicated and steadfast commitment, Hoi Hup Realty Pte Ltd has clinched numerous accolades, most notably, the BCA Best Buildable Design Award Merit 2007 and Construction Excellence Award 2008 for the De Royale Condominium and the coveted SME 500 Award for its exceptionally promising SME.

Sunway Developments Pte Ltd

Sunway Developments Pte Ltd is a wholly subsidiary of Sunway Concrete Products (S) Pte Ltd, a Sunway Group company. Having received accolades from international bodies like FIABCI and IFAWPCA, they have also forged strategic partnerships with global investors such as Government Investment Corporation of Singapore (GIC), Malaysian Provident Fund (EPF), Kuwait Finance House (KFH) and Goldman Sachs, Sunway Reit is also the largest Malaysia Reit in terms of asset size as well as free float.

One of Singapore’s leading concrete precasters in Singapore, the company has projects in both public and private sectors, and has worked on several Design & Build Projects such as lkea @ Tampines and The Meadows at Punggol, Design-Build-Sell-Scheme on R&D exercise to implement innovative products such as prefabricated toilet systems and lift upgrading to cater to the needs of the ever-changing market.

Rivercove Residences
Miltonia Residences
Arc at Tampines

Parc Canberra Amenities

Bukit Canberra is a sprawling 12 hectare space – first announced in 2016 – will provide amenities such as a hawker centre, indoor and outdoor sport facilities, a polyclinic, a senior care centre, green spaces for community farming and lifestyle related amenities for the community. It is located about five minutes from Sembawang MRT station.

Bukit Canberra will also see the largest ActiveSG gym with indoor and outdoor pools. There will also be 3km of running trails as well as a fruit orchard and healthcare options such as a polyclinic and senior care centre. 

Parc Canberra Growth Opportunities

The upcoming North South Corridor is a great opportunity for growth.

The 21.5km North South Corridor will better connect the Northern and Central parts of Singapore, serving motorists travelling between the city centre and towns including Woodlands, Sembawang, Yishun, Ang Mo Kio, Bishan and Toa Payoh. 

It will intersect various expressways, including the Seletar Expressway (SLE), Pan Island Expressway (PIE) and East Coast Parkway (ECP).

Expected to be completed by 2026, the NSC will include bus lanes and cycling trunk routes. 

The continuous bus lanes are expected to cut commuters' journey times by an average of 10 to 15 minutes per trip, said LTA. Cycling routes will link up with the Park Connector Network and local cycling paths within HDB towns along the entire corridor.

Woodlands Regional Centre

Comprising 100 hectares of land, Woodlands Regional Centre will be developed into a sizeable commercial hub and bring jobs closer to homes in the North region.

Over the next 15 years, Woodlands Regional Centre will become home to new spaces for industry, research and development, learning and innovation. With the upcoming Thomson-East Coast Line (TEL) enhancing connectivity to key destinations in Singapore, Woodlands Regional Centre is poised to become the nexus of new opportunities for residents and businesses alike.

Schools near to Parc Canberra

Parc Canberra is a great location for families with school-going children. There are many good schools around the condo that are suitable. 

There are primary and secondary level schools, and the close proximity to these schools makes it every easy to travel there. 

Here are the list of schools near Parc Canberra

 

Parc Canberra Facilities

Parc Canberra has an amazing range of facilities that will allow the whole family to enjoy and relax.

Click here for a larger image of the site plan: Parc Canberra Site Plan.

The list of facilities at Parc Canberra include:

  • Pool Deck
  • Cabana Deck 
  • 50m infinity pool 
  • Outdoor shower 
  • Poolside lawn
  • BBQ & Teppanyaki Pavilion
  • 4 BBQ Pavilions 
  • Gym 
  • Steam Room
  • Yoga Deck 
  • Spa pool 
  • Pool lounge 
  • Family pool
  • Sun deck 
  • Fun pool with kid's water play
  • Fun deck 
  • The Barn Club House 
  • Multi Purpose Court 
  • Playground 
  • Play Pavilion 
  • Outdoor Fitness Centre 
  • Gardening Pavilion 
  • Community Garden 
  • Jogging Trail 

Parc Canberra eBrochure

To download a copy of the Parc Canberra eBrochure, click here: Parc Canberra eBrochure Download

There are floor plans and also the project brochure available. 

Parc Canberra Review in Summary

Parc Canberra is one of the best executive launches that we have seen in recent years and here are some reasons why:

  • Developed by established and well-known developers with excellent track record in Singapore 
  • Excellent connectivity: it is only 350m away from Canberra MRT station
  • Close to eateries, shopping and entertainment options 
  • Situated in an area with good growth potential with the North South Corridor, Woodlands Regional Center and Sembawang Shipyard, there is high potential for good rental yield 
  • Located in a quiet, serene enclave

 

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