25/01/2021
๐ฃ 5 Reasons Why Parc Central Residences
*1. Strong Take-up*
With more than 400 own stay buyers, this is a strong testimony of the good quality and price at Parc Central Residences.
*2. Lowest Entry Price (ever)*
The strong take-up also gives confidence to upcoming ECs to launch at higher prices, especially factoring similar land cost and the higher construction they are likely to face.
*3. Value Left Behind for Buyers*
Considering that a land cost of $578 + 5% ($606), the average price of $1,150 is strong assurance that developer is leaving room for buyers to profit in the future. Why so? The Tapestry transacted at an average price of about $1,350psf with a land price of just $565psfppr. Thatโs a difference of $785psf compared to the $544 at Parc Central Residences.
*4. Benchmark Price Set*
This also means the benchmark is already set for Tampines. No new launch in Tampines is likely to be lower, and Parc Central Residences could even be looking to increase price soon.
*5. Choice Units Still Available*
With 700 units, there are still choice units even though 414 units have already been sold. With sales expected to continue to be strong, this window may not last for long.
