Low-Density Seletar District with Surrounding Landed Enclave Location
This upcoming Executive Condo development is located in highly sought-after Seletar District 28 in Singapore’s North-East Region. It has one of the highest transacted volumes of new private residential condos. With the current depleted supply stock from the new private residential launches and the slowly creeping up prices of the resales in the Outside Central Region (OCR), it will be something that the market watchers are waiting for. This is definitely a highly anticipated development for eligible Singapore citizens that are qualified for an executive condo purchase. The expected launch period of Parc Greenwich will be in late 2021 and this is probably the last executive condo launch of the year too.
Reputable Private Residential Developer
This EC site at Fernvale Lane was tender on 3rd Mar 2020 to Frasers Property (FCL Lodge Pte Ltd) with a total of seven bidders. The top bidder won the site at S$286.54million (S$555psf ppr), which is slightly higher than the second bidder at S$285.1million (S$552psf ppr). Fraser Property is one of the top residential developers and one of Singapore’s largest mall owners and operators. With a well-established track record in residential development, Parc Life is their most recent sold-out executive condo project in Sembawang Crescent. Moving towards a global plan to reduce carbon emissions and building a sustainable future, Frasers Property has also committed to conserving the environment.
Environmental Committed Development with Efficient Layouts
Parc Greenwich will be the first Singapore EC to secure a new Green loan, and the development itself will be an environment-friendly building. A careful selection of material will be made to ensure efficient usage of energy and water for the development. Parc Greenwich will comprise a total of 496 residential units in 9 different towers of up to 14 stories high. Choice options from 2 Bedroom unit types to the popular 4 and 5 Bedroom unit types are available for all profile buyers.
Right towards the southern direction of the actual site across Yio Chu Kang Road, residents will find the Greenwich V Mall, where essential needs such as groceries and eateries are easily located. The low-rise landed enclave in Seletar Hills with URA’s low plot ratio zoning at 1.4 is directly opposite the future Parc Greenwich. Residents will be expecting a fantastic unblocked premium view from their units toward this facing. Under the URA North-East Region plan, residents will be expecting a new Ang Mo Kio Linear Park forming up at Seletar Hills as a signature green spine that links Buangkok, Seletar Hills, and Cheng San neighborhoods to the more extensive Coast-to-Coast Trail.
Improved Connectivity and Potential Value Boost
Being close to the developing Singapore Aviation Industries, Seletar Aerospace Hub, and the upcoming Seletar West Industrial Park, Parc Greenwich will benefit from the URA improvement plans for better connectivity such as road widening and new roads and links to expressways. Seletar Airport, mainly for private charter planes and private aircraft operations, is also housing in Seletar Aerospace Park. With all these improvement plans in place, Seletar Regional Centre forms part of the North Coast Innovation Corridor and Woodlands Regional Centre, and Sembawang. The future surrounding residential developments will definitely enjoy a boost in value when all these new infrastructures are put into place.
Location Map of Parc Greenwich
Details of Parc Greenwich EC
|Project Name||Parc Greenwich|
|Developer||Fernvale Lane Pte Ltd|
|Site Area||Approximately 184,385 sqft|
|No Of Units||496 Residential Units|
|No of Storeys||9 Blocks of 14-Storeys
|Unit Types||2 Bedroom with Study: 786 - 990 sq ft
3 Bedroom: 958 - 1,195 sq ft
3 Bedroom Premium: 1,001 - 1,216 sq ft
3 Bedroom with Study: 1,066 sq ft - 1,281sq ft
4 Bedroom Premium: 1,206 - 1,410 sq ft
5 Bedroom Premium: 1,378 - 1,679 sq ft
|Estimated Date of Vacant|
|10 Mar 2026|
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