You are now looking at the lowest entry priced Freehold mixed development in Singapore!
Launching with a bang on May 2019, Parc Komo saw a very credible ballot-day sales by selling 70 units, which is more than 25% of the total available units! Is this development a worthwhile new launch condo to look at?
What is Parc Komo price at the moment?
Parc Komo price starts from $890k for a 1 bedroom unit at 560sqft and it’s 2 bedroom units are priced from $984k onwards. The average PSF ranges around $1450psf to about $1550psf for most of it’s available units.
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* Prices and Discounts indicated here are subject to developer changes. Please check with us to be sure.
Parc Komo is a rare freehold new launch mixed development that is tucked in a very idyllic and private landed residential enclave in the eastern end of Singapore.
Comprising of 7 blocks of 5 storey apartments and 1 block of commercial shops, this development is a ‘must look at’ if you are shopping the market for a home with a serene environment and luxurious resort style facilities.
963 – 981 Upper Changi Road North
No. of Units:
276 Residential, 28 Shops
1 to 5 Bedroom
7 Blocks of 5 Storeys, 3 Blocks of 3 Storeys Apartments 1 Block of 2 Storey Commercial Shops
279 Residential lots, 28 Commercial lots
452 / 473 / 484
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538 / 549
614 / 657
700 – 775
915 – 980
969 – 1023
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1281 / 1292 / 1302
1410 / 1421
1808 – 1905
Equipped with extensive and lush nature landscaping facilities for residents to indulge on, what is the indicative monthly maintenance fee at Parc Komo?
Monthly maintenance fees at Parc Komo starts from $327 for a 1 bedroom unit to $522 for a 5 bedroom unit. All the 2 and 3 bedroom units here have maintenance fees of $392 per month.
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* The estimated monthly maintenance fees are currently indicative, and may be subjected to changes.
Bonus – Pricing Info Analysis for Investors:
Land Price – $888psf ppr
Parc Komo site was acquired by CEL Development under collective sale back in October 2017. This site was the former Changi Gardens, which housed only 60 large apartment units and 12 commercial shops.
So, what was the land price paid by the developer to secure Parc Komo’s freehold land parcel?
The developer out bidded 8 other developers to secure the site for Parc Komo at a price of $248.8 million, which was 27% higher than the collective sale’s asking price of $196 million. This means the land rate paid by the developer for this Freehold site works out to be around $888psf ppr (per plot ratio).
In October 2017, this Freehold mixed development property along Upper Changi Road North was successfully acquired by CEL Development.
Consisting of only 60 apartment units and 12 commercial shops, residential apartment owners of the former Changi Gardens essentially received mouth-watering windfalls between $2.14million to $4.74million. Each shop owner also pocketed between $4.07million to $7.08million.
Building up to securing the site, CEL had to beat 8 other developers to win this land parcel for $248.8million, which was about 27% higher than the asking price of $196million. This means the land rate paid by the developer for this Freehold site will work out to be around $888psf ppr (per plot ratio).
Here’s the land cost comparison of Parc Komo against its other nearby competitor developments:
Parc Komo sites in an idyllic, private and landed residential enclave. This part in the eastern Singapore is one rare charmed secret where beaches and nature comes together as a common weekly leisure activity for residents.
So, where exactly is Parc Komo located that makes it such an ideal home to escape the city’s hustle and bustle?
Parc Komo is located on 963 – 981 Upper Changi Road North, where the former Changi Gardens once stood. Surrounded by the beautiful landed housing estate of Jalan Mariam, this location offers one of the best exclusivity you can find.
Currently without any nearby MRT station serving the area, things are set to change when the upcoming Loyang MRT Station on the Cross Island Line is completed by 2030. Being just around 10 minutes walk away from Parc Komo, accessibility here is set to greatly improve for non-drivers!
Loyang (Upcoming Cross Island Line)
Parc Komo is set to benefit from the upcoming Cross Island Line, with Loyang MRT station well within 10 minutes walk away!
While currently without any MRT station within walking distance, residents will still be able to conveniently get to Pasir Ris or Tampines East MRT stations with a quick 15 minutes bus ride.
Image Source – LTA
With the upcoming Cross Island Line set to serve the area, there are huge potential possibilities for homes in the surrounding area. Connectivity conveniences in the future may prove to become a major factor in higher demand of homes here.
And the best part for Parc Komo residents, Loyang MRT Station will be situation within 10 minutes walk from this development.
Singapore’s vision to maintain itself as the world’s top aviation hub brings massive potential to homes in the east. With Changi Airport Terminal 4 already completed and the Terminal 5 construction currently ongoing, Singapore is set to bring Changi Airport’s yearly passenger handling capacity to 135 million passengers per annum.
Supporting long-term growth of the logistics and aerospace industries, Changi Region is set to be transformed into a vibrant Live-Work-Play-Learn ecosystem around the airport, opening huge workforce opportunities in the area.
Having such a stronghold Master Planning by the government may well benefit homes close to Changi Airport, and Parc Komo is one of the closest one can get.
A wealth of facilities awaits you at Parc Komo. Meticulously designed to offer more than just the ordinary, you’ll find facilities here allowing maximum restful contemplation while embracing the lush greenery of beautiful landscapes.
With so many activities to choose from, your days and nights will be kept exciting!
Each apartment is surrounded by extensive greenery, allowing you to experience the simple pleasures of slow living every day.
Inside your home, discover touches inspired by nature – tastefully appointed with elegant finishes and fittings that reflect the estate’s natural textures.
Experience Parc Komo yourself by viewing the Showflat today.
* Please note that Covid-19 safe-distancing policies are still in place. Kindly register/book your visit with us prior to your visit.
This project is blessed to be able to have it’s showflat built right next to the actual development site. So where is Parc Komo showflat located at?
Parc Komo showflat is located at 961 Upper Changi Road North, which is just behind the actual site where Parc Komo is now being constructed. The slip road to get to the showflat is in between Esso Station and Parc Komo’s construction site. For drivers, the carpark entrance can be accessed via this slip road beside Esso Station. For non drivers, the nearest MRT stations are Tampines East and Pasir Ris MRT stations, and a 10-15mins bus ride is required to reach the showflat.
Here’s the map of the showflat location:
Parc Komo is developed by local developer CEL Development.
CEL Development is a wholly owned subsidiary of Chip Eng Seng Corporation Ltd, which is a major construction and property public listed company in Singapore.
Since 2000, CEL has been actively involved in the local property development and investment scene.
Their portfolio, which includes numerous mid to high-end prime properties both local and overseas, have been highly successful throughout the years.
Labelled as a reputable and high quality developer, here are some of their notable projects that will be familiar to most:
Current Ongoing Projects:
Some Notable Past Completed Projects:
Get instant info from Developer Sales Team
Get instant info from Developer Sales Team