Parc Esta is the previously privatised HUDC estate Eunosville and is currently stands as the third biggest collective sale in Singapore. Hongkong Land’s fully-owned unit MCL Land has clinched the Eunosville site through a collective sale, at a price of $765.78 million. This works out to a unit land price of S$909 per square foot per plot ratio (psf ppr) inclusive of an estimated S$194 million payable to the state to enhance the intensity of the site to a gross plot ratio of 2.8 and to top up the site’s lease to a fresh lease of 99 years.
Project Name : Parc Esta
Developer : MCL Land (Everbright) Pte Ltd
Tenure : 99 years leasehold commencing 12 July 2018