Parc Central Residences
The first Executive Condominium in the East since 2012.
Last Updated: 31st May 2023
- 11-09-2020: Register Interest to view Parc Central Residences showflat and get Direct Developer Price & VVIP Discounts.
- 11-09-2020: Be the earliest to get the updated Parc Central Residences price and floor plan, Showflat information, and Balance Units.
- 11-09-2019: EC Income Ceiling raised to $16,000, effective Today.
- 18-08-2019: Parc Central Residences launch date is estimated to be in Q1 2021.
- 07-08-2019: Check your loan eligibility by calculating at Max Loan Eligibility Calculator Based on Mortgage Serving Ratio
- 01-08-2019: Location map, nearby amenities of this Tampines Ave 10 EC are updated.
- 01-08-2019: Welcome to Parc Central Residences website.
| Project Details | Parc Central Residences Executive Condominium |
| Location | Tampines Ave 10 |
| District | D18 |
| Developer | Hoi Hup Realty and Sunway Group |
| Site Area | 268,384 sq ft / 24,933.7 sqm |
| No. of Blocks | 11 Blocks |
| No. of Storeys | 16 Storeys |
| Site Use | Residential Flat Developement |
| Tenure | 99-year leasehold |
| No. of Units | 700 units |
| Expected Date of TOP | Est. Q3 2023 |
FEATURED CONDOS
FEATURED CONDOS
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Parc Central Residences Price
Hoi Hup Realty and Sunway Group successfully secured the executive condominium (EC) site along Tampines Ave 10. The new Parc Central Residences EC sits an area of 268,384 square foot (24,933.7 square meter) land parcel and has a plot ratio of 2.8. With the top bid of S$434.45 million, it works out to S$578 per square foot per plot ratio (psf ppr).
Based on the estimation, Parc Central Residences will have a break-even price of S$1000 psf ppr and an average selling price of S$1,100 to S$1,200 psf.
Parc Central Residences is fully sold. Register your interest to be notified on the drop out units or upcoming EC in Tampines.
3 BEDROOM (Incl. PH)
399 UNITS
872 – 1290 sqft / 81 – 118 sqm
4 BEDROOM (Incl. PH)
269 UNITS
1109 – 1485 sqft / 103 – 138 sqm
5 BEDROOM (Incl. PH)
32 UNITS
1432 – 1701 sqft / 133 – 158 sqm
Calculators: Estimate Mortgage | Normal Payment Plan | Deferred Payment Scheme | Resale Levy
Buyer’s Stamp Duty (BSD)
| Purchase Price or Market Value of the Property | BSD Rates for Residential Properties | BSD Rates for Non-Residential Properties |
|---|---|---|
| First $180,000 | 1% | 1% |
| Next $180,000 | 2% | 2% |
| Next $640,000 | 3% | 3% |
| Remaining Amount | 4% |
Residential Home Loan Regulations (MAS)
| First Loan | Second Loan | Third Loan | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Loan Tenure | Up to 30 years | 31-35 years | Up to 30 years | 31-35 years | Up to 30 years | 31-35 years | |||
| Age | Age used to calculate loan tenure, will be based on income-weighted | ||||||||
| Up to 65 | Up to 70-75 | Up to 70-75 | Up to 65 | Up to 70-75 | Up to 70-75 | Up to 65 | Up to 70-75 | Up to 70-75 | |
| Maximum LTV Limit | 75% | 55% | 55% | 45% | 25% | 25% | 35% | 15% | 15% |
| 20% (non-individuals) | |||||||||
| Minimum Cash Downpayment | 5% | 10% | 10% | 25% | 25% | 25% | 25% | 25% | 25% |
| Gaurantors / Co-borrowers | All Co-borrowers must be mortgagors. Guarantors must be co-borrowers if the latter did not pass the TDSR criteria |
||||||||
| Mortgage Servicing Ratio | N/A | ||||||||
| Total Debt Servicing Ratio | 60% | ||||||||
| Stress Test Interest Rate | 3.5% | ||||||||
Also known as Progressive Payment Scheme, allows you to service your loan via monthly instalments progressively stage by stage as the property is being built.
| Stage | Payment Under a Standard Payment Scheme (% of Purchase Price) |
|---|---|
| Upon the grant of Option to Purchase | 5% (Booking Fee) |
| Upon signing of the Sale & Purchase Agreement or within 8 weeks from the Option date | 20% less Booking Fee |
| Completion of foundation work | 10% |
| Completion of reinforced concrete framework of unit | 10% |
| Completion of partition walls of unit | 5% |
| Completion of roofing/ceiling of unit | 5% |
| Completion of door sub-frames/ door frames, window frames, electrical wiring, internal plastering and plumbing of unit | 5% |
| Completion of car park, roads and drains serving the housing project | 5% |
| Notice of Vacant Possession (TOP) | 25% |
| On Completion date | 15% |
Parc Central Residences Location
The new Executive Condominium (EC) is located at Tampines Ave 10. Parc Central Residences EC is the last piece of land located in the Tampines condo belt along with other condos such as Alps, The Tapestry, The Santorini, Q Bay, and Waterview.
Residents of the future Parc Central Residences can enjoy recreational fun at the nearby Bedok Reservoir. It’s within minutes’ drive to major expressway, like TPE, PIE and Bartley Viaduct. Live close to many reputable schools such as United World College of South East Asia (East Campus), Poi Ching Primary, St Hilda’s Primary, Temasek Polytechnic, just to name a few.
Parc Central Residences EC at Tampines is located near to amenities and shopping centres as well such as IKEA, Courts Megastore, as well as Giant Hypermarket. It takes a 5-minute drive along Tampines Ave 10.
Come to the Our Tampines Hub, residents of Parc Central Residences can explore lots of communal facilities such as the biggest library in the east, badminton courts, and bowling. To have more family fun, residents can go to the cinema at 2nd floor of OTH, Timezone at B1, or Rock Climbing. A morning brisk walk at level 5, having a delicious meal and buy groceries at the NTUC can be a good combination too!
And just a few minutes’ walk from Our Tampines Hub, there are three shopping mall, Tampines Mall, Tampines One, and the recently renovated Century Square. It is the place where residents in the east love a lot!
With so many commercial services, community services, and parks, that is why Tampines is one of the Singapore’s regional centres.
Amenities @Parc Central Residences
| Catergory | Amenites | Approx Distance |
| MRT Station | Tampines MRT (EW2, DT32) | 1.3km |
| Tampines West MRT (DT31) | 1.6km | |
| Bus Stops | AFT TAMPINES AVE 5 (75371) Bus: 34, 58 | 0.2km |
| OPP BLK 871A (75151) Bus: 2N, 69, 293 | 0.3km | |
| AFT TAMPINES AVE 9 (75291) Bus: 27, 34, 58, 72, 168 | 0.5km | |
| Schools | Poi Ching School | 0.5km |
| St Hilda’s School | 1.1km | |
| United World College of South East Asia East | 0.2km | |
| Shopping Malls | Our Tampines Hub | 1.0km |
| Century Square | 1.5km | |
| Tampines Mall | 1.6km | |
| Tampines 1 | 1.6m | |
| Groceries | NTUC (872 Tampines) | 0.2km |
| Food Court | Happy Hawkers (872 Tampines) | 0.2km |
| Recreation, CCs & Parks | Bedok Reservoir Park | 1.8km |
| Our Tampines Hub | 1.0km | |
| Mega Stores | IKEA, GIANT, COURTS | 1.8km |
Tampines is home to a large part of the population in the East as an established regional centre, and a nexus of facilities catering to the employment, retail and recreational needs of residents. Residents can look forward to even more enhancements with new housing, parks and supporting amenities. The recently completed Downtown Line, a future Cross Island Line station and bus interchange at Tampines North, offer residents more comfortable and shorter commutes.
Want to know how Tampines Area is planned with the comprehensive range of facilities to meet the needs of current and future residents of Parc Central Residences? Check out the Tampines URA Master Plan.
Parc Central Residences Site Plan
Parc Central is a Sanctuary inspired by New York Central Park, which features Football field sized landscape with 80m lake pool, elevated gym, NYC steakhouse style gourmet dining.
Parc Central Residences Construction In Progress.
Parc Central Residences Floor Plan
The Parc Central Residences is designed to accommodate all your needs, a love nest for younger families or even multi-generational living. Luxurious fittings and finishes will be provided from Bosch and Hansgrohe.
Stay tuned for the floor plans of the units available in Parc Central Residences.
Download the Full Parc Central Residences Floor Plan.
Is floor plan easy to understand? Whereas it is exciting to read floor plans, compare them and hopefully make the decision, sometimes it can be confusing due to the many unfamiliar symbols and different types of lines. Armed with some basic knowledge, you will be able to gain more information from floor plans.
Doors
When reading floor plan, it is easier to first visualise yourself at the main door. That helps you better understand how living room, kitchen, bedrooms are connected.
Doors are quarter-circles on the floor plan. The arc of the door symbol indicates if the door swings inwards or outwards.
Windows
Windows are marked with thin hollow lines. There are two types of windows in Singapore – the sliding window and the casement window. The difference is that casement windows usually come in pairs.
Walls
You can quickly notice these bold lines and normal lines by looking at its thickness from the floor plan.
- Bold lines are structual walls which cannot be hacked.
- Normal lines are non-structual walls which usually can be safely removed. Non-structural walls seperate one room from another.
* For development using prefabricated structure, walls are indicated as normal lines but they cannot be hacked. You need to check the brochure if it is prefabricated units before planning any renovation work.
Facing
It is important to know the facing of doors and windows. The facing of North is usually indicated at the corner of the floor plan and is easier to tell directions from the site plan.
Symbols of door and windows on the floor plan and Their Meanings
Parc Central Residences Showflat
Location & Opening Hours
The Parc Central Residences showflat is located near Tampines MRT. Showflat visit is strictly by appointment only!
Kindly register your interest to receive latest update on showflat opening date & time and project details.
Before Visiting Parc Central Residences Showflat
- It is advisable to check Eligibility Conditions for Parc Central Residences purchase.
- How are you affected by the MSR(Mortgage Servicing Ratio)? You will need to know the bracket you are in. Find out more using the MSR calculator.
- On the actual launch date, you will need to understand how the Balloting System works.
Alternatively, you may simply book an appointment by filling up the form below and let us contact you. Our experienced sales team is able to assist you throughout the process.
Book Appointment
Balance Units
The project is fully sold by now. You can still register for drop out units updates!
