HDB granted the Parc Greenwich site to Fraser Property Ltd, offered under the Government Land Sales (GLS) program. Parc Greenwich is strategically located in Fernvale Lane along Yio Chu Kang Road on Singapore’s northeastern side.
The Developer Frasers Property won the bid after submitting a maximum bid of $ 286.5 million. This is equivalent to USD 555 psf ppr. The consortium between MCC Land (Singapore) and Sing Holdings Residential is no longer available. They placed a $ 285.1 million bid, equivalent to USD 552 psf ppr. Of the seven bidders, the offer from the partnership led by Evia Real Estate ended up at around $ 500 psf ppr.
Parc Greenwich covers approximately 1.87 hectares or 17,129.9 m2 and has a maximum GFA of 47,964 m2. Upon completion, the development is expected to have 15 floors and house approximately 500 modern residential units. The EC has facilities such as a gym, club, swimming pool, tennis courts, etc.
Parc Greenwich EC is located in District 28 OCR, but many facilities are nearby. Within walking distance of the next Fernvale LRT, there are shopping malls, hospitals, schools and other facilities nearby. The area also enjoys excellent connectivity that allows Parc Greenwich EC residents to access the city on a short commute.
Given Parc Greenwich’s proximity to URA’s services and facilities, and future development in the northeastern region, Park Greenwich is expected to receive strong demand. In addition, because it is a property developed by the well-known Fraser’s Property, the development is a huge success. The 480-unit Parc Greenwich is very popular with buyers looking for a comfortable home in a quiet environment with access to the city.
Benefits of Living in Parc Greenwich
It is located in the centre of Singapore’s 28th district, Fernvale EC enjoys the upscale suburbs of tree-lined avenues. It provides an excellent opportunity for middle-income earners to own a home in a quiet environment and a convenient location. Greenwich Park is at the heart of a growth story that transforms the area into one of Singapore’s most family-friendly residential areas.
When it comes to accessibility, there’s nothing to worry about for Parc Greenwich residents, especially after the next development is complete. Everything you need in terms of facilities and services is near your home. Multinational companies such as GE Aviation and Rolls-Royce are set up right next to your home.
Buying a home in Greenwich Park is a significant investment for your family. In addition, you can expect great value in a few years. The Northern Region Development Plan offers new services to enhance the convenience of neighbouring towns. As all development progresses, the demand for real estate here will surely increase. That’s why don’t miss this unique opportunity.
You may be wondering what Greenwich Park and the Sengkang district offer. Here is a preview of what you will live in:
Easy Accessibility
In terms of convenience, there are many happy things in this neighbourhood. Parc Greenwich EC is located outside the centre, but with easy access to nearby cities and Singapore’s central parts. Parc Greenwich is located in a high-growth area, providing easy access to facilities. The connectivity is extraordinary, but it will be even bigger with the new MRT line, which improves access to the city.
Greenwich Park is close to a myriad of facilities that benefit all residents. Nearby is the Seletar Mall, one of the best shopping malls on the island, where Greenwich Park residents can shop at retail stores. Future housing development in the neighbourhood also means more convenient for residents. It has a child care centre, supermarket and other essential facilities. The incredible Punggol Town Hub is just a short drive away and has plenty to offer to Parc Greenwich residents. It has a library, a hawker centre, a community centre and more.
Parc Greenwich EC also enjoys stunning unobstructed views of the neighbourhood. This means that you are not just living in a quiet neighbourhood. You enjoy the tranquillity from your stay. Besides, residents are just steps away from relaxing vacations like the famous Coney Island.
It’s a family-friendly area, so living here gives you easy access to good schools. Schools such as Sengkang Primary and Fernvale Primary are within walking distance. Parents living here will have plenty of choices in choosing a school for their children.
Name everything you can think of, and it’s near the Parc Greenwich at Fernvale Lane. Other developments, such as Seletar Airport and Seletar Aerospace Park, offer employment opportunities in the neighbourhood. With everything at hand, you can work, live, play and work in this place.
Excellent Connectivity
When it comes to connectivity, there’s nothing to dislike Park Greenwich. It benefits from a modern transportation system destined to improve. Roads like Sengkang and Yio Chu Kang are nearby for car owners. With easy access to major highways such as Tampines Expressway (TPE), Central Expressway (CTE) and Kallang Paya Lebar Expressway (KPE), residents can connect to other parts of Singapore without hassle.
The next LRT Fernvale station is about a 3-minute walk from Greenwich Park, providing more efficient connections to the city and nearby areas. In addition, the LRT is connected to a larger rail network that connects the MRT and bus interchanges in Sengkang City. Buangkok MRT Station is a 4-minute drive away.
Residents who prefer public transport can benefit from staying within walking distance from the Yio Chu Kang Road bus stop, which connects to MRT Serangoon Station to connect to the city. Yio Chu Kang MRT is about 11 minutes from the bus stop.
Whether you’re doing business, leisure, or need easy access to CBD, Parc Greenwich is for you. With excellent connectivity, you can seamlessly connect to nearby cities and take advantage of their services. This area is an excellent home for commuters who prefer a smooth connection.
Nearby Schools
If it’s a bad idea to send your child away from home to school, you don’t have to look for anything more than Parc Greenwich EC. Living near the school means less fighting in the morning, less time wasted, fewer transportation costs, and a sense of security for your child. Also, today’s children are no longer excited about their long commute to school.
Making Parc Greenwich EC your home is a wise idea as it benefits the whole family. Your child will arrive at school on time and will have less delay in working for you. If that sounds good to you, here are some schools with easy access to your future home:
Secondary Schools
- Sengkang Secondary School – 6 mins drive
- Pei Hwa Secondary School – 4 mins drive
- Nan Chiau High School – 3 mins drive
- Hougang Secondary School – 6 mins drive
Primary Schools
- Yio Chu Kang Primary School – 7 mins drive
- Sengkang Green Primary School – 7 mins walk
- Hougang Primary School – 5 mins walk
- Fernvale Primary School – 12 mins walk
- Anchor Green Primary School – 3 mins drive
Kindergartens and Preschools
- Vincent De Paul Kindergarten – 6 mins drive
- PCF Sengkang Preschool fernvale – 5 mins walk
- P&J Kindergarten – 4 mins drive
- Chatsworth Kindergarten – 6 mins drive
- Brain Buttons Kindergarten – 5 mins drive
Nearby Shopping Malls
Staying in Greenwich offers many shopping options. Some shopping malls are within walking distance, and residents of this neighbourhood do not have to travel far to get their necessities. In addition to nearby malls, residents have access to lifestyle malls in nearby towns. The area’s modern shopping malls offer the perfect combination of retail and leisure facilities. The nearby shopping centres are:
The Seletar Mall
It is very close to Parc Greenwich, just a 6-minute walk away. Commercial buildings have a lot to offer for eateries and retail stores. After opening, Fernvale residents will have easy access to reading brands such as NTUC FairPrice and products and services that mix small restaurants and fast-food restaurants.
Greenwich V
Greenwich V Shopping Center is conveniently located about a 4-minute drive from Parc Greenwich condo. The mall is a retail store and one of the best places to shop in the area. It stands out from the range of products and services. There are cold storage, supermarkets, children’s and enrichment centres, food courts, clinics, and various eateries.
Other easily accessible shopping malls include Compass One, a 5-minute drive away, Hougang Mall 1, Rivervale Plaza and Rivervale Mall are also easily accessible within a 10-minute drive from Greenwich condo.
Nearby Restaurants
Parc Greenwich by Frasers Property is just minutes away from the eateries where residents can get delicious food for breakfast in the morning or dinner in the middle of the night. Almost all kind of food is more likely to be available within walking distance. Fernvale and Sengkang offer excellent restaurants with extensive menu options.
If you want duck rice, you can go to the nearby Roast Duck Rice Stand, which offers roast duck to Fernvale residents. It is just 210 meters from Greenwich Park and a 3-minute walk away. Other nearby eateries include Dry Ban Mian, Sengkang and the famous @Chicken Rice Sengkang, a 4-minute walk away. The Steamboat is also a 7-minute walk and serves several dishes, including a luxurious steamboat.
Nearby Parks
Nature lovers living in Parc Greenwich are just a few meters from various public parks. The residents can have outdoor enjoyment with plenty of outdoor activities.
Sengkang Riverside Park is a 15-minute walk from Greenwich Park. The park is quiet and calm, with the Punggol Reservoir passing through it. You can enjoy hiking in the park while exploring wildlife and various fruit trees.
Singapore’s central sculpture park, Sengkang Sculpture Park, is also about a 5-minute drive away. The park provides a relaxing environment and ample space for a variety of outdoor activities.
As the region develops, Fernvale residents can expect more natural attractions to relax away from the city’s hustle and bustle.
How the North-East Master Plan will Parc Greenwich future residents?
The northeastern part of Singapore was once primarily an industrial area. The URA Master Plan has revived this area. Singapore’s region is now densely populated with lively new towns, waterfront life, busy business parks, spectacular housing development, and lush green public spaces.
Today’s northeast is a mix of old and new cities, from Ang Mo Kio and Hougang’s historic cities to the modern and young cities of Sengkang, Punggol, Fernbert and Serangoon. The region has undergone many transformations with new MRTs, parks, shopping malls, and other modern facilities, incorporating its rustic charm. Here are some of the things that Northeastern residents draw from their master plans.
More housing development
The neighbourhood is set to be more livable with the introduction of new homes. The new property will be built at Punggol Point in Lentor Hills, Hougang Avenue, Lorong Chuan, Serangoon, Punggol and Ang Mo Kio.
The new home will be strategically placed for easy access to shopping, dining and entertainment venues. The residence is within walking distance of the park and is easily accessible by a link to the MRT.
Development of multiple services
Future residents of the northeastern region will appreciate the convenience of adding a wealth of equipment to Buangkok. Fernvale and Punggol, Development includes child care centres, community clubs, libraries, hawker centres, playgrounds, parks, etc.
Improved connectivity
Cycling and expanding the public transport network are central to the master plan. The Thomson East Coast Line (TEL) and Cross Island Line (CRL) make it easy to navigate the area. Future Hougang, Ang Mo Kio and Serangoon stations will provide easy access to other parts of Singapore from the North-East region.
The integrated transport hub further improves access to services. When the next development is complete, this area will be more connected with a large space for cyclists and pedestrians.
Creation of employment opportunities
The master plan will bring jobs near the homes of the inhabitants of the area. Future developments at the Punggol Digital Districts, Lorong Halus Industrial Park and Sengkang West represent more options for northeast residents.
New recreational facilities
The northeast is coasts, wetlands, canals and reservoirs that are as close to nature as possible. Residents living here can expect more options to escape the busy city life. Future Punggol Promenade Located near the promenade, Punggol water park and restaurants in the Punggol settlement. The outdoor experience will be improved, and residents will cycle, jog and walk at Sengkang Riverside Park. You also have easy access to the new Coney Island Wildlife Park. Other recreational options are located near Serangoon Gardens and Nex.
It is also important to identify the loan to value for your scenario as MAS has strict regulations on home loans. For more information regards to financing or stamp duties, please fill up the contact form and we will be glad to assist.
Interested parties of Parc Greenwich can find more project details in this site. The site plan and floor plans will be out soon and updated here. The elevation chart depicts the distribution of units in the development and the balance unit chart will updated regularly upon launch of the project. Please check back on this site to be kept posted.
