60 reviews for this Condo
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5
User (1 reviews )
Reviewed on February 11, 2010 8 helpful votes
Good for own stay
If leasehold in Metropolitan, citylight can go for 1200psf, why not the parc. some more city square (freehold), with not so attractive outlook also can hit 1200+ psf, why not the parc. last the vision with no MRT, amenities and facing to west coast high way can reach 1200psf, again why not the parc -
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3.7
Keen Investor (13 reviews )
Reviewed on February 7, 2010 8 helpful votes
Walking Distance Convenience
The best part of buying into this condo is the walking distance convenience to everything a person living in Singapore would need without buying a car. Hence first pro is location. Second pro is freehold status. Third pro is the price which is a reasonable price given that in today's market, HDB homes are still ahead in terms of return on capital employed (i.e for the majority of HDB homes). -
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1.8
onlooker (1 reviews )
Reviewed on February 6, 2010 7 helpful votes
More for own stay
The issues so vehemently defended by Jonathan seem to be whether (1) the Clementi interchange is within '5-minute easy stroll' and (2) the condo will attract the desired type of investors and renters. My 2 cents worth to this is: (1) prospective buyers and renters will have to go take the hotly contested walk for themselves to determine if this is something they can imagine themselves doing in our weather and given the climb up and down the overhead bridge . I, however, do not think it is a 5-minute walk. With brisk walking, one may probably make it within 10 minutes. (2) We have to bear in mind that nothing is a given especially when it comes to investments. Besides, Singapore is such a dense place in terms of housing that The Parc may not necessarily be the most competitive in terms of distance and pricing, for rental. This is especially if landlords are hoping to attract top dollars from the IR, Biopolis and educational institutes. There are many other condos, flats and houses nearer these places for renting (but of course, these places could be older or more expensive). These 2 issues aside, I don't see how its enormity is an advantage. Personally, I prefer a more exclusive feel. Living with 658 other units and with an average of 3 per unit (arbitrary average), would mean sharing the facilities with approximately 2000 others. Of course the facilities and landscaping have to be upsized to accomodate this! Besides, as a working adult with no children, I don't think I'll be using the facilities much, except for the gym and pool, which can be found in all condos. At the end of the day, I feel that this development has its strengths in being placed in a mature HDB estate though I wouldn't bank on it being an investment. -
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5
Jonathon (1 reviews )
Reviewed on January 29, 2010 11 helpful votes
Great for Investment and Own Stay!
(Re-posted as the previous review by me is rated incorrectly) I live near the area so pass by very often: 1. There is a COVERED walkway including 2 covered overhead bridges connecting the condo to the Clementi town directly from the bus-stop right infront at the doorsteps. Getting to Clementi town center with NTUC and all the amenities like Banks, Clinics etc is just 5 minutes easy stroll. To MRT and the new future Huge Clementi Mall (with Integrated Bus Interchange and Library) is just a further 2-3 minutes comfortably along way the various shops (all sheltered). If you don't even want to walk 5 minutes to Clementi Town Center, just across in front of the Condo 50-100 meters is West Coast Recreation center with restaurants (e.g. Jack's place) and convenient stores. Among the landed houses 20 meters in front also has cosy restaurants, cafe, pet shops etc.. Behind the condo 50-100 meters is the West Coast Wet Market and Center Shops!! 15minutes walk or 1 bus-stops away is the West Coast Plaza (Ginza plaza) with Cold Storage, Shushi teh, Starbucks etc... The Parc condo is the only LARGEST FREEHOLD (375,000 sqft freehold land, 2-3 times bigger land than most large condos) in the west coast/clementi area and yet is near to MRT and amenities. The Parc condo is the one and only HIGH-RISE condo that is more than 12th storey high in the clementi/west coast area, with beautiful unblocked various views of Pandan reservoir, Kent Ridge parks, and Bukit Timah hills. The layout is such that almost all units has views from 3 sides (270 degree views). Beside MRT, it is very well connected with buses to Vivo city, SunTec, Shenton way just at the bus stop in front of condo. Rentals is a given asa it is close to many Business Parks (IBP, Science Parks, Jurong Island etc, Jurong Gateway Hub) and Educational Institutions (NUS, Sing Poly, MediaPolis, Biopolis, University Town, Japanese schools etc) -
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1
Jonathon (1 reviews )
Reviewed on January 29, 2010 7 helpful votes
Great for Investment and Own Stay
The previous review by dansyong is clearly misleading and he has not surveyed the area recently. I live near the area so pass by very often: 1. There is a COVERED walkway including 2 covered overhead bridges connecting the condo to the Clementi town directly from the bus-stop right infront at the doorsteps. Getting to Clementi town center with NTUC and all the amenities like Banks, Clinics etc is just 5 minutes easy stroll. To MRT and the new future Huge Clementi Mall (with Integrated Bus Interchange and Library) is just a further 2-3 minutes comfortably along way the various shops (all sheltered). If you don't even want to walk 5 minutes to Clementi Town Center, just across in front of the Condo 50-100 meters is West Coast Recreation center with restaurants (e.g. Jack's place) and convenient stores. Among the landed houses 20 meters in front also has cosy restaurants, cafe, pet shops etc.. Behind the condo 50-100 meters is the West Coast Wet Market and Center Shops!! 15minutes walk or 1 bus-stops away is the West Coast Plaza (Ginza plaza) with Cold Storage, Shushi teh, Starbucks etc... The Parc condo is the only LARGEST FREEHOLD (375,000 sqft freehold land, 2-3 times bigger land than most large condos) in the west coast/clementi area and yet is near to MRT and amenities. The Parc condo is the HIGH-RISE condo that is more than 12th storey high in the clementi/west coast area, with beautiful unblocked various views of Pandan reservoir, Kent Ridge parks, and Bukit Timah hills. The layout is such that almost all units has views from 3 sides (270 degree views). Beside MRT, it is very well connected with buses to Vivo city, SunTec, Shenton way just at the bus stop in front of condo. -
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5
Sng Yin Koon (3 reviews )
Reviewed on August 4, 2009 12 helpful votes
A Gem Not To MISS
I agree with the second and fourth viewer.After viewing many new and old condo,I finally bought one unit there. I don't mind it is surrounded by HDB flats,it's in mature estate where market/food ctr/eateries/cinema and upcoming shopping complex is within walking distance.It offers big variety and great value in shopping and dinning experiences.Travelling is also convenient for those without car as mrt and bus interchange is within walking distance. Stadium/West coast park and recreational ctr is walking distance. It is near to world class educational institutions NUS/United world college of S.E.A/Singapore Polytechnic etc. It is near to area where government is pumping billion-dollar in developing: - commercial ctr at Jurong Gateway - tourist attractions and parks complemented by water activities at lakeside - redevelopment of the Business Park - Biopolis and Fusionoplis at one north,media park will follow Overall it's promoting work,live,learn and play lifestyle around the area.Hence more foreign students,expats and professionals will move in and thus the rental opportunity is higher.If not for investing it will be also a very good place to live in. -
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5
MSH (3 reviews )
Reviewed on August 2, 2009 12 helpful votes
One of the Best Freehold
The Parc Condo is undervalued - its price might be much higher if Chip Eng Seng could be more publicity-driven like other developers. Compared to other condos - Botannia, Carabelle, Infiniti, Stellar, etc - the Parc Condo is freehold, nearer to diverse shopping venues, nearer to all sorts of public transports, closer to quite a number of schools, much bigger in terms of total units (with less shared maintenance cost), on a huge area of plain land (quite rare), most units with unblocked views (no face-to-face units), etc. Its interior finishing would be one of the best - with genuine marble floors and baths (uncommon in most new condos). It is much quieter than Carabelle and Infiniti (almost touching AYE). It is also a much better choice than City Square Residence (another large freehold), which is in a noisy crowded area of Dist 8 and very near redlight area. The Parc Condo has the highest number of facilities compared to any new condo in Singapore (please check). Its rental potential is also superb (very near all business enterprises, higher education institutions, and edxpat professional communities). In the current market, if the asking price of those less attractive condos range between $800-950 psf, the Parc Condo should be priced at least at $1250 psf, which could be even higher after the TOP next year. -
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2.3
PC Lim (3 reviews )
Reviewed on July 30, 2009 11 helpful votes
Overpriced, not worth.
I agree with the first reviewer rather than the second reviewer. The currently forming Singapore "sub-prime area bubble" has listings for this condo going in the range over $900-1200 psf. In my opinion, this is way off the long term price worth, as it is: 1. Surrounded by HDB blocks. If you had surveyed the area, you would have known how narrowly close are the units built to the facing HDB blocks!! 2. Units either face the HDB, or they face the AYE or the Stadium, so you can imagine if it would be noisy. 3. Distance to the MRT is actually not near. It's about 0.65KM away by straight line mapping, and by walking path it's actually ever further... Also, you have to cross an overhead bridge which is not convenient for old folks or those with knee problems or trolley bags. The nearest traffic lights where you can circumvent to walk to the MRT is at least 3-4 bus stops away. The other problems now is the bubble forming due to low interest rate to borrow now, about 1.9%, but if this interest goes to a more realistic 3-4% in 3-5 years time, the monthly loan interests would have doubled and those who speculate or those who buy at such high prices would have serious problems. Additionally there is an unknown risk to this project as it is jointly developed by Chip Eng Seng and the now bankrupt Lehman Brothers. There is very little transparency on how the units owned by Lehman Brother's share portion of the joint venture will be dealt with. Will Lehman Brother's creditors be able to stake some claims to this or possibilities of law suites by creditors to stake such claims? I don't think the current prices are realistic and sustainable in medium term due to the above issues, with some issues peculiar to the Parc condo. -
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5
Lee Damien (2 reviews )
Reviewed on July 25, 2009 11 helpful votes
fantastic buy
The Parc condo is conveniently located and has good accessibility. Full private condo facilites and yet have access to all the facilities and amenities of a HDB hub (Clementi - the golden land of Singapore) - supermarkets (Fairprice), markets, retail, foodcourts, cinema, mrt, bus terminal - all within walking distance of around 5 to 10 mins. This is the advantage whichThe Parc will have over other new condo such as Botannia, Carabelle, Infiniti which is further down the AYE towards Jurong. For a slightly higher PSF, you enjoy the advantage. If you enjoy high living, at a high floor above 15, depending on your unit, you will likely get unblocked view of West Coast park, overlooking the sea, pandan reservoir as well as Dover Park, Kent Ridge, Bukit Timah area. You can be assued of its invesment value. 15 mins to CBD by drive, 10 mins drive to Vivo city and Sentosa Integrated Resort, 5 to 10 mins drive to Science Park, Biopolis and Boeno Vista. Needless to say, excellent fengshui. -
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1
CK (1 reviews )
Reviewed on May 8, 2009 13 helpful votes
Not worth the price
The current price for this area (April/May) is going for 900-1200psf. Although this is a FH property, but it is right smack in an HDB estate. For this kind of price, one can be going for property in fringe of Bukit Timah which has good schools (for kids) and prestige. Even for rental investment, there are many other property that is nearer to the IR, Biopolis, NUS... In general, not really worth it. -