Singapore welcomes yet another new development situated in the heart of the junction of the Jalan Eunos and Changi Road. For all who do not know, this new development is the latest comeback of the collective sales in Singapore. Parc Esta Condo is a 99-year leasehold condo that is too close to the Eunos MRT station and the Kembangan MRT station. Previously, it was constructed and completed back in 1987, formerly under the Housing & Urban Development Company (HUDC). HUDC buildings are more spacious and have better amenities than those that were found in the Housing Development Board (HDB) flats.
The individuals planning to buy their new homes at Parc Esta Condo should know that they would not have a lack of activities to enjoy – there is an ample number of supermarkets for your grocery needs, shopping malls, different banks and eateries located nearby.
The Housing and Urban Development Company (HUDC) built Eunosville in the 1980s, although the residential estate became privatised in 2011. Despite having only 330 units initially, Eunosville has a vast land area of about 376, 712 sqft. According to the Master Plan of 2008, the site can yield about 1000 units, with 1100 sqft being the average size of each unit. As the site was developed back in 1987 and has a remaining lease time of 71 years, MCL Land paid an approximate amount of $194 million in government charges to top-up the lease to 99-years and to intensify land use to a gross plot ratio of 2.8.