Find out on this upcoming freehold mixed development, Parc Komo, in District 17, please click on the following links:
Parc Komo is a brand new condominium with retail shops development by CEL Development Private Limited. This upcoming mixed development will be sitting on former Changi Garden, which went through a collective sale at a price of S$248.8 million or S$888 per square foot. Former Changi Garden has a site area of about 200,093 square feet and a plot ratio of 1.4. There was a total of eight bidders for this en-bloc development and the owners of Changi Garden sold 27% above the asking price.
The agent who handled the collective sale, said that each apartment unit makes a profit of about S$2.14 million to S$2.27 million, while the penthouse units from about S$4.03 million to $4.47 million. The retail shops owners make a whooping S$4.7 million to S$7.08 million each.
(Pending approval for Sale / Seeking indication of interest)
PARC KOMO LOCATION MAP
This freehold mixed development consist of shops and residential units and is located at the junction of Upper Changi Road North as well as Jalan Mariam in Singapore District 17. This upcoming project is within close proximity to the Changi Business Park, Singapore Expo, Changi South Industrial Estate as well as the Changi Airport. Nearby MRT stations close to this development include future Loyang MRT station, the Upper Changi MRT station and not forgetting the Pasir Ris MRT Station. Future residents can also shop at nearby Giant Supermarket or the Sheng Siong Hypermart for their daily grocery.
PARC KOMO PRICE
The following image from Squarefoot shows another condominium that was launched recently, The Jovell, with an average transacted price of about S$1,293 per square foot. As for Parc Komo price, basing on the land price of S$248.8 million, after calculating the construction cost, legal fees, marketing cost and others, the breakeven price should be around S$1,350 to S$1,400 per square foot. Please contact us at 61001778 or register your interest for the indicative price. Parc Komo price starts from $663,000 for 1 bedroom units, $871,000 for 2 bedroom units and $1,294,000 for 3 bedroom units.
|Project Name||Parc Komo|
|Address||961 to 981, Upper Changi Road North, Singapore|
|Developer||CEL Real Estate Development Private Limited|
|Description||Proposed mixed development with recreational facilities|
|Total Units||276 Residential units and 28 Retail shops|
|Site Area||Approx. 249,638 square feet (Residential) and 32,990 square feet (Commercial)|
|Expected T.O.P.||4th June 2023|
|Expected Completion||To be advised|
|Unit Types||One bedroom to Five bedroom units|
ABOUT THE DEVELOPER
Chip Eng Seng Corporation Limited, also known as CEL Real Estate Development, is the top bidder for this collective sale. It has been incorporated in 2008 and has lots of experience building quality houses. Their recent projects include a residential development, Grandeur Park Residences, with about 720 units and past development like the High Park Residences, with about 1,399 units. This reputable developer has also fully sold another project in District 15, The Fulcrum.
PARC KOMO SITE PLAN
This upcoming freehold mixed development, Parc Komo, will be designed with efficient layout that will fit most families and each unit will also be cladded with quality finishes as well as most up to date kitchen appliances. Moreover, there will be recreational facilities such as a relaxing pool to dip in, a well-equipped gymnasium to work out in, a club house, barbecue areas, dining areas, just to mention a few.
PARC KOMO FLOOR PLAN
PARC KOMO BROCHURE
PARC KOMO SHOWFLAT PREVIEW REGISTRATION
PLEASE DIAL SHOWFLAT HOTLINE : (+65) 6100 1778