Parc Greenwich Executive Condo At Fernvale

Parc Greenwich By Frasers Property – Executive Condo Review

This is a review of Parc Greenwich, an executive condo (EC) by Frasers Property situated along Fernvale Lane in Singapore's District 28. On its east side is the Sengkang housing estate while the idyllic Seletar Hills Estate is across Yio Chu Kang Road on the south.

The developer for Parc Greenwich is FCL Lodge Pte Ltd, a unit of Frasers Property. The development will comprise nine 14-storey blocks offering a total of 496 units ranging from 2- to 5-bedrooms.

This review will seek to provide an unbiased evaluation of its design and locational attributes, as well as its investment potential. Should you require a deeper understanding of the development, please WhatsApp Us to arrange a showflat viewing and information-sharing session.

To navigate quickly to each section of this review, please click on the links in the Table of Contents below:

Parc Greenwich EC Unique Selling Point

  • Good unit sizes and mix
  • Unique design concept
  • Fun and unique facilities
  • Close to amenities and schools
  • Convenient access to public transportation
  • A tranquil and leafy neighbourhood
  • Close to parks and nature such as the Sengkang Riverside Park, Sengkang Sculpture Park, Punggol Reservoir (also known as Sungei Punggol) and Coney Island
  • Transformation of North-East Region provides promising investment potential


Site Location of Parc Greenwich Executive Condo (EC)

Being situated across the Seletar Hills Estate, an idyllic and leafy private landed residential enclave, Parc Greenwich residents will be able to enjoy mostly unobstructed views and clear air for those facing this direction towards the south. However, there will be a little more traffic noise from Yio Chu Kang Road though. Fortunately, it is not a very major road like an expressway.

In terms of public transportation, the Fernvale LRT station is 11 minutes’ walk away - neither too near nor too far. For those who prefer not to walk, Bus number 163 in front of Parc Greenwich EC will take them directly to the station.

The Fernvale LRT is linked to the Sengkang MRT station on the North-East Line (NEL) and is only four stops away.

As Sengkang is a predominantly HDB housing estate, residents can expect to enjoy a wide range of amenities. These include schools, a hospital, food centres, supermarkets, community facilities and several neighbourhood malls.

There is quite a number of executive condos in the estate as well. Some of the newer ones are Ola, Piermont Grand and Rivercove. The nearest to Parc Greenwich EC is the Topiary about 300m away.

The estate also boasts of several parks such as the Sungei Punggol Reservoir, Sengkang Riverside Park and Sengkang Sculpture Park. These parks provide a range of leisure and sporting activities for residents, which will help to enhance the quality of living.


Parc Greenwich Design Concept

Parc Greenwich Design Concept - Air CirculationParc Greenwich's design concept is based on the following themes:

Suburban Oasis Living: Surrounded by greenery and overlooking landed enclaves.

Tranquil Enclave: To provide a sense of peace with landscapes that act as a buffer against urban activities.

Wellness: To provide a fine living environment that encourages the pursuit of healthy habits to refresh one's mind, body and soul.

Due to the inconveniences of the Covid-19 pandemic which has made people work from home more often, Parc Greenwich's design concept has taken into consideration this new normal - providing a living environment with a strong emphasis on personal well-being and flexibility of layout for individual units.

Meanwhile, the site plan will seek to ensure good airflow between the blocks. Gaps in-between blocks are designed to allow prevailing wind to weave through the landscape and waterbodies to maximise the cooling effect.


Parc Greenwich Facilities

With 8 recreational zones and 2 clubhouses, including a 3-storey Wellness Club, residents can look forward to something to do all day and all week. The following are some of the facilities provided. For the full list and E-Brochure, please contact us.

Wellness Club 1st Storey - Village Hall - Specially designed as an exclusive space for well-being, the 3-storey Wellness Club is one of Parc Greenwich’s most unique features. A high-ceiling Village Hall within the Wellness Club offers residents fexible, multi-purpose space to indulge in varius pursuits, from fitness-based recreational activities like badminton, yoga and dance, to hosting social events like parties, celebrations and seminars.

Function Room - The first of two beautifully furnished function rooms, Parc Room comes with a kitchen and dining area to host culinary classes and gatherings among friends, family and even neighbours. This helps to bond residents where neighbours become friends and friends become community.

Entertainment Room - Greenwich Room comes with a luxurious living and entertainment area for after-dinner drinks, movie nights, live sports screenings, and many other activities. Parc Room and Greenwich Room can also be combined to fit different needs. When not in use, these facilities become cosy spaces to nurture community, where neighbours can meet and socialise with one another.

Play Nest - A place for little ones to play safely and in air-conditioned comfort. The imaginative Play Nest is a colourful space that is beautifully decorated to host children's birthday parties.

Champs Club - Where resident can soak in the laid-back village vibe with iced cold beer and a round or two of darts and pool.

BBQ Pavilion - Kick back, relax and tuck into some fresh grill at the Farm-to-Table BBQ Pavilion while watching your kids have fun at the Playground and Function Lawn.

Splash Pool - While the kids entertain themselves at the Splash Pool, the grown-ups are not left out either. In the day, get some work done at the pavilion, which is equipped with tables and perforated screens that can be used for shade and projection. As evening falls, the space becomes a social pod for food and drinks.

50m Lap Pool - Let your stresses melt away as you plunge into the refreshing waters. Or if you prefer, lounge on the Oasis Deck, under the canopy of beautiful trees.

Central Garden - While strolling around the Central Garden, residents will be treated to simple joys that nature brings. Flowers blooming, leaves gently rustling, little butterfies futtering about. It’s the perfect setting to calm one's mind with tai chi or meditation.

Spa Garden - With its elegant facilities and lush landscape, the Spa Garden easily puts residents in a holiday mood. Relax with your  favourite drink or take a photo for your latest social media post.

Below are some artist's impressions of the facilities offered in Parc Greenwich executive condo. Please contact us for a copy of the E-brochure and information about the development.

Parc Greenwich Executive Condo - Herbs Garden & Community Farm

Herbs Garden And Community Farm

Parc Greenwich - Champs Club

Champs Club

Parc Greenwich Executive Condo - Splash Pool

Splash Pool

Parc Greenwich - Parc Room

Parc Room

Parc Greenwich EC - Play Nest

Play Nest

Parc Greenwich Executive Condo - Herbs Garden & Community Farm

Herbs Garden And Community Farm

Unit Mix

Parc Greenwich executive condo (EC) will offer a total of 496 units comprising of 2- to 5-bedrooms. All the units are quite spacious, which are expected as ECs are built primarily family living.

The 3-bedrooms make up the majority of the unit mix, accounting for 74% of total. It also has the most configurations - 6. This shows that the developer is trying to strike a balance between affordability and spaciousness as more people work from home nowadays due to the Covid-19 pandemic.

Some of the units also have removable walls to provide flexibility to configure the spaces according to the owners' preference.

All units come with quality bathroom provisions from Gerberit and Hansgrohe, sanitary ware from Bravat and kitchen appliances from Bosch.

When it comes to flooring, porcelain tiles are provided for living/dining/kitchen/yard/bathroom, and vinyl plank for bedroom. Although they may not be as luxurious as some private condos that come with marble flooring and walls, buyers are still getting reasonably good finishing for the prices they will be paying for.

Parc Greenwich Unit Mix

Parc Greenwich EC Living Room

Living Room

Parc Greenwich Bedroom


Parc Greenwich EC Kitchen


Parc Greenwich Balcony


Parc Greenich EC Living & Dining Room

Living And Dining Room

Parc Greenwich Bathroom


Show Flat Virtual Tour

Please click on the links below for a virtual tour of Parc Greenwich show flat.


Parc Greenwich EC Price

FCL Lodge Pte Ltd has clinched the site during the government land sale (GLS) in March 2020 by submitting the top bid of S$286.54 million. This translates into a land cost of about S$555 psf ppr.

This compares quite favourably to Provence Residence at Canberra ($566 psf ppr) and Parc Central Residences at Tampines ($578 psf ppr). During their recent launches, these two developments were sold at an average price of $1,142 and $1,117 respectively.

Below is the indicative launch prices for Parc Greenwich, which is very attractive given that many new private developments, including ECs, have seen an increase in prices recently.

  • 2-Bedroom - from $895k
  • 3-Bedroom - from $1.055 million
  • 3-Bedroom + Study - from $1.195 million
  • 4-Bedroom - from $1.375 million
  • 5-Bedroom - from $1.695 million

For the latest pricing and project information, please WhatsApp Me.


Property Fact Sheet

Name Details
General DescriptionExecutive Condominium
Tenure99 years
DeveloperFCL Lodge Pte Ltd (subsidiary of Frasers Property)
StatusExecutive Condominium
Address31 Fernvale Lane, Singapore 797503
33 Fernvale Lane, Singapore 797504
35 Fernvale Lane, Singapore 797352
37 Fernvale Lane, Singapore 797353
39 Fernvale Lane, Singapore 797354
41 Fernvale Lane, Singapore 797355
43 Fernvale Lane, Singapore 797356
45 Fernvale Lane, Singapore 797357
47 Fernvale Lane, Singapore 797358
Site Area18,700 sqm / 201,286 sqft
Plot Ratio2.8
No. of Units499
T.O.P.Q1 2024 (Estimated)
Payment SchemeNormal Progressive Payment Scheme
Lot Number05278V MK 20 Fernvale Lane
Project Account003-700148-1 DBS Ltd
Carpark496 residential carpark lots
ArchitectAADP Architects LLP


Developer of Parc Greenwich Executive Condo (EC)

The developer of Parc Greenwich executive condo (EC) is FCL Lodge Pte Ltd, a unit of Frasers Property.

Frasers Property Singapore has a strong reputation for developing homes and administering a portfolio of shopping malls and commercial properties. They have continuously create thoughtfully designed, high-quality living spaces, unforgettable shopping experiences, and forward-thinking commercial spaces.

As a well-established real estate company with a diverse portfolio, they are well-positioned to make a difference in the pursuit of sustainable developments. Their aim is to create healthier, greener environments while working with customers to meet internationally recognized environmental design and performance standards.

Frasers Property is no stranger to executive condos. Under their belt are the Esparina Residences, which was heavily over-subscribed when it was launched about a decade ago. Another EC it has developed was the Twin Waterfalls in Punggol.

When it comes to private residential developments, their portfolio include Seaside Residences, Riviere and 8@Mount Sophia, to name just a few.


Convenient Access to Amenities

Being located in an established HDB housing estate has its advantages. Most essential amenities, such as shopping malls, supermarkets, wet markets, eateries and schools are all within easy reach.

Some of the shopping malls found near Parc Greenwich executive condo (EC) include:

  • Greenwich V
  • The Seletar Mall 10-minute walk or 2-minute drive
  • Compass One 7-minute drive
  • Rivervale Plaza 9-minute drive
Greenwich V, a short walking distance from Parc Greenwich Executive Condo

Greenwich V

Greenwich V – It is a retail and lifestyle hub with a relaxed and charming village-like ambience coupled with a unique outdoor concept. Located within Seletar Hills, it is just 6 minutes' walk from Parc Greenwich executive condo (EC). It has a nice blend of offerings that include tantalising F&B options such as Cedele, Rakuichi Sushi, Toast Box, Awfully chocolate and The Coffee Bean and Tea Leaf, to name a few.

There is also a Cold Storage supermarket where residents in the area can conveniently shop for groceries. Other services include a 7-Eleven outlet, Guardian Pharmacy, medical clinic and children’s enrichment centres.

The Seletar Mall – A “young family” shopping mall connected to Fernvale LRT and Sengkang MRT stations. It has 6 levels of retail and 3 levels of parking. One interesting design about Seletar Mall is that it is almost windowless, except for the main atrium. Other than shopping and dining, it caters specifically to young families. There are two playgrounds – one on the rooftop and the other in the basement that caters to toddlers. There are also enrichment centres and numerous shops selling kids’ essentials.

Shopping Malls Near Parc Greenwich Executive Condo - Compass One

Compass One

Compass One – It is the biggest shopping mall in Sengkang and conveniently located in the town centre. It boasts numerous facilities and a comprehensive mix of more than 180 established brands that provide a wide range of products and services. Apart from dining and shopping, there are a number of children’s enrichment centres, a playground and a public library that occupies two levels.

Rivervale Plaza – Located at Sengkang New Town, it is a relatively small neighbourhood shopping mall about 9 minutes’ drive from Parc Greenwich. Nevertheless, it offers many little comforts for residents living in the estate. It houses a number of eateries, ranging from restaurants and fast-food outlets to food courts. There are also fashion, optical, IT and photo-printing outlets, as well as medical services, to name a few. Perhaps, one of the rare finds is a wet market within the mall, together with a supermarket.

Sengkang Mixed-Use Development – By 2025, residents in the North-East region can look forward to public spaces that will be use to host communal and social events. The Sengkang Grand mixed-use development at Buangkok will bring together a train station, bus interchange, community club, hawker centre, and a myriad of retail shops.

Besides the above, Parc Greenwich residents will also have convenient access to wellness and healthcare needs, with the Sengkang Polyclinic and Sengkang General Hospital a short drive away.

The Oval @ Seletar Aerospace Park

The Oval @ Seletar Aerospace Park

The Oval @ Seletar Aerospace Park – Some of the colonial houses in the park have been conserved and repurposed to create a lifestyle enclave. It plays host to bazaars and carnivals, with conserved buildings housing restaurants, spas and shops. Hampstead Wetlands Park - a rustic haven of flora and fauna located in the middle of the enclave - makes for a great spot to explore after a satisfying meal.

Visitors can also take a stroll around the idyllic locale, and discover a range of iconic restaurants selling everything from European fare to traditional Teochew dishes.


Transport Connectivity

Parc Greenwich Executive Condo Transportation Network

Parc Greenwich Transportation Network

The nearest train station from Parc Greenwich executive condo (EC) is Fernvale LRT, which is 11 minutes' walk away. Some may consider this a little far, but there is a bus-stop right in front of the development where Bus 163 will take residents directly to the station.

The Fernvale LRT is one of 9 stations in the Western Loop connected to the Sengkang MRT station. The Sengkang MRT station sits along the North-East Line (NEL) and is just two stops from the Punggol Coast station where the Punggol Digital District will be located.

The North-East Line also connects to major housing estates like Hougang and Serangoon, which are two and four stops from the Sengkang MRT station respectively.

There are also a number of bus services along Yio Chu Kang Road that provide direct access to Punggol, Yishun, Serangoon, Bishan, Ang Mo Kio and even Raffles Place. These buses provide an altrnative for residents direct access to the Yio Chu Kang MRT (North-South Line) and Serangoon MRT Interchange (North-East Line and Circle Line).

For those driving, major expressways such as the Kallang-Paya Lebar Expressway (KPE), Tampines Expressway (TPE) and Central Expressway (CTE) are easily accessible, providing seamless connectivity to other parts of Singapore.


Easy Access to Schools And Education Institutions

There are a number of primary schools near Parc Greenwich executive condo (EC). In fact, there are a couple within a 1-2 km radius, which will provide priority admission for Primary 1 registration.

Primary Schools Within 1 km

  • Fernvale Primary School
  • Sengkang Green Primary School

Primary Schools Within 1-2 km

  • Anchor Green Primary School
  • Fern Green Primary School
  • Hougang Primary School
  • Rosyth School
  • Yio Chu Kang Primary School

Secondary Schools

There are also several secondary schools within a short drive from Parc Greenwich executive condo. They include the following:

  • Sengkang Secondary School
  • Nan Chiau High School
  • Pei Hwa Secondary School
  • Hougang Secondary School

Junior Colleges

Three junior colleges are within a 10 to 17-minute drive from Parc Greenwich. They are:

  • Nanyang Junior College
  • Anderson Serangoon Junior College
  • Yishun Innova Junior College

The nearest university will be the Singapore Institute of Technology (SIT) Centralised Campus, which is slated to open in 2023. It is a 13-minute drive, or 6 stations away if taking a train.


Parks & Nature Recreation Near Parc Greenwich EC

Previously, Sengkang was considered “ulu” or remote by many. But today, it is a bustling housing estate with lots of amenities. It is also admired for its beautiful riverside and nature parks. These parks provide residents with many fun activities, such as having a leisure stroll, jogging, cycling, canoeing and even bird-watching.

Sengkang’s riverside parks are linked by the North Eastern Riverine Loop (NERL) - a part of Singapore’s Park Connector Network (PCN) – The 26-km NERL links up to four parks – Punggol Park, Punggol Point Park, Punggol Waterway Park, and Sengkang Riverside Park – and runs through the housing estates of Buangkok, Sengkang, and Punggol. It also extends into the rustic landscapes of Punggol Beach, Punggol Promenade and Lorong Halus Wetland.

Nature Parks near Parc Greenwich - Sengkang Riverside Park

Sengkang Riverside Park

Sengkang Riverside Park – It is home to the unique Sengkang Floating Wetland that was constructed to collect and filter rainwater naturally through its aquatic plants. Built and maintained by PUB, it is separate from Sengkang Riverside Park. Running along the perimeter of the wetland is a Fruit Tree Trail that features 16 types of fruit trees. These include mangosteen, pomelo, mango, lime and starfruit, to the more exotic Pond Apple, Island Lychee, Sweetsop, Java Olive and Custard Apple.

The wetland also doubles up as a wildlife habitat and attracts a variety of mangrove birds and damselflies.

Sungei Punggol (or Punggol Reservoir) – It is Singapore’s 16th reservoir and was created by damming two rivers -Sungei Punggol and Sungei Serangoon. The two reservoirs are linked by the Punggol Waterway, which extends towards Sengkang New Town. To better serve the recreational needs of residents, a network of green connectors has been built along the banks of Sungei Punggol. These connectors link the housing precincts to neighbourhood parks, the town and Sengkang Sports Centre.

Sengkang Sculpture Park

Sengkang Sculpture Park

Sengkang Sculpture Park – It is located in the Compassvale North Gate neighbourhood in Sengkang New Town and is near the Sengkang MRT/LRT station.

It is easily identified by its many interesting sculptures. Built in 2001, its marine theme reflects the estate’s past as a fishing port and harbour. Some of the sculptures include colourful spheres, a patch of grass made to represent the waves in the ocean and one in the shape of a whale's bones.

The Park also consists of two children’s playgrounds where kids can enjoy the various playground structures, climb walls and ride on spring see-saws. There are also fitness equipment and footpaths where residents can have a leisure stroll or jog.

Nature Parks near Parc Greenwich Executive Condo - Coney Island

Coney Island

Coney Island – Coney Island Park houses a wide variety of habitats, including coastal forests, grasslands, mangroves, and casuarina woodlands. It is also home to a wide variety of fauna and flora, some of which are critically endangered. The mangrove trail is probably one of the island’s highlights. A walk along the boardwalk through the mangrove forest, visitors may chance upon mudskippers or even water snakes.

Coney Island is also popular destination for bird-watchers. Along the coastal trails are bird-watching huts. About 80 species of birds can be found and these include the Baya Weavers, Oriental Magpie-robin and parakeets.


Transformation of North-East Region

Under the URA Master Plan, many exciting developments have been added or will be developed in the North-East region. This will enhance the living standards of Parc Greenwich residents, which include the following:

Punggol Waterway Park

Punggol Waterway Park

Punggol Point - Once a popular seafood haunt, the site adjacent to Punggol Jetty has now been transformed into an idyllic waterfront destination.

With lookout decks, a sand-filled playground and an event plaza, the park allows visitors to enjoy the laidback coastal atmosphere and take in views of Pulau Ubin and the Johor Straits on a ship-inspired, elevated viewing deck.

Located at the north-eastern tip of Punggol town, Punggol Point has been developed into a green heritage estate. It has easy access to dining, retail, and recreational facilities. The 1.5-km heritage walk along Old Punggol Road, which connects seamlessly to the Punggol Waterway Park and Punggol Digital District to the Punggol Jetty, is one of its highlights.

Buangkok Integrated Development - A new integrated commercial and residential development near the Buangkok MRT station, it will provide residents in the housing estate with even more essential amenities, facilities and new communal spaces. These will include a hawker center, community club, bus interchange and much more.

Punggol Town Hub & Linear Green

Punggol Town Hub

Punggol Town Hub & Linear Green - The Punggol Town Hub will include a regional library, hawker centre, community club, child care centre, and health service centres. The Linear Green under the viaduct will connect Punggol Town Hub to Punggol Central and Waterway Point, providing residents with a pleasant promenade dotted with playgrounds, workout areas, and lush vegetation. Residents can also use it to walk to SAFRA Punggol and Punggol Regional Sport Centre conveniently.

Lorong Halus Industrial Estate - Next to the planned Defu MRT Station on the Cross Island Line, Lorong Halus will be gradually developed into a Food, Lifestyle, and Logistics hub, bringing jobs closer to residents. It will be sensitively designed to be pedestrian-centric, with access to waterfront parks and open areas for workers and residents to enjoy.

Enhancing Commutes - North-East residents will benefit from shorter and more convenient commutes. By 2035, the region will be served by five MRT lines, thanks to the completion of the Thomson-East Coast Line (TEL) and the Cross Island Line (CRL). New Integrated Transport Hubs will further improve access to facilities and allow seamless intermodal transfers.


New Employment Hubs Near Parc Greenwich Executive Condo (EC)

The Parc Greenwich executive condo (EC) is near several major employment hubs, which is part of the Singapore’s government plan to decentralize some economic activities away from the city centre. This will also help to bring jobs closer to where people live and they include the following:

Wafer fabrication industry - Located in Sengkang West, it will create more high-tech jobs closer to home. With the Sengkang West Industrial Park's gradual expansion, more job opportunities will be produced for citizens in the North-East region. It will also provide homeowners in the area with a pool of potentially high-skilled tenants.

Seletar Regional Centre - The future Seletar Regional Centre has the potential to grow to two times the size of  Tampines Regional Centre. Together with Seletar Aerospace Park, Seletar Regional Centre will be a major employment node for people living in the area.

Employment Hubs Near Parc Greenwich Executive Condo - Seletar Aerospace Park

Seletar Aerospace Park

Seletar Aerospace Complex - The Seletar Aerospace Complex is an integrated aerospace industrial park built around the Seletar Airport. It is home to a thriving aerospace industry cluster with more than 60 multinational corporations (MNCs) and aerospace businesses that employ over 6,000 workers. It will play an instrumental role in Singapore’s push to be a global aviation hub.

Lorong Halus Industrial Estate – The Lorong Halus Industrial Park will be Singapore's first industrial park built atop a former landfill that covers more than 100 hectares. It will be a next-generation industrial park that will take advantage of the current landfill's topography. The land parcels facing Sungei Serangoon will include greenery along an activity-filled riverfront.

Lorong Halus will be gradually developed into a Food, Lifestyle, and Logistics hub next to the upcoming Defu MRT Station on the Cross Island Line. It will be pedestrian-friendly, with access to waterfront parks and open spaces for workers and residents to enjoy.

Punggol Digital District

Punggol Digital District

Punggol Digital District - Perhaps the most exciting development of all is the Punggol Digital District. First announced by Prime Minister Lee Hsien Loong in his National Day Rally speech in 2015, it will bring together the centralised campus of the Singapore Institute of Technology (SIT) and JTC's Business Park in Punggol North to create Singapore's first truly smart district.

The Punggol Digital District will not only house vital digital economy growth industries like cybersecurity and digital technology, but it will also provide a welcoming and environmentally friendly lifestyle destination for residents living nearby.

The Punggol Digital District is specially built to allow industry and academia to connect and interact by sharing work spaces and amenities. This physical integration makes it easier for ideas to cross-fertilize and grow into critical emergent technologies.


Review Conclusion of Parc Greenwich Executive Condo (EC)

Parc Greenwich will most likely appeal to HDB upgraders, especially those working in the north-east region, which has become sort of an enclave for executive condos.

Although it is not exactly the most convenient in terms of public transportation, it will appeal to those looking for a tranquil living environment, convenient access to nature parks and a host of amenities.

At the same time, the increased employment opportunities in the North-East with the development of the Punggol Digital District, Sengkang West and Lorong Halus will naturally spur demand for properties.

Performances of Executive Condos in Singapore's North-East Region

Table 1: Performances of Executive Condos

Hence, it is unsurprising that properties in this part of Singapore have done pretty well by riding on the transformation that has been gradually taking place. Please refer to the Table 1 to see how some executive condos (EC) in the estate have performed.

Of the executive condos (EC) mentioned, The Topiary is closest to Parc Greenwich. In fact, it is just 300m away. As can be seen, it has done very well despite some negative feedback during its launch in 2012 about the lack of amenities and a MRT station.

As Sengkang has developed quite significantly since then and with more exciting developments coming up, the investment potential for Parc Greenwich executive condo (EC) looks bright. Moreover, the recent land tender for an executive condo (EC) site in Tengah has hit a new record of $603 psf ppr, smashing the previous record of $583 psf ppr for the Sumang Walk EC site in Punggol that was awarded in March 2018.

Hence, the Tengah executive condo (EC) will likely be launched between $1,200 to $1,300 psf.

As mentioned earlier, two recent executive condos – Provence Residence and Parc Central Residences were sold at an average price of $1,142 and $1,117 respectively during their launch. Should Parc Greenwich be launched within these levels, it would an attractive entry price given the current bullish market conditions while construction cost have shot up amid the covid-19 pandemic.

Price Gap Between ECs and Private Condos in OCR

Table 2: Price Gap Between ECs Vs Private Condos

Lastly, there is a substantial 38% average price gap between executive condos (EC) and mass market private condos in the Outside Central Region (OCR). This can be seen in Table 2. As a result, ECs are a fantastic choice for budget-conscious buyers or those who want to take a more cautious approach to their property acquisition.

Furthermore, families seeking a larger house at a more affordable price will find executive condos appealing because the lower psf pricing translates to a more manageable overall quantum.

For the latest update on Parc Greenwich executive condo (EC), please WhatsApp Us. Meanwhile, you can find out more why executive condos can be good investment properties. To learn more about the rules governing the owership of ECs, please refer to our executive condo guide.


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Hi, I'm Lance Kuan, an Associate Marketing Manager at Huttons Asia Pte Ltd, one of the largest property agencies in Singapore.

With almost 30 years of experience in banking, investment and market analysis, I now find immense pleasure in helping others in property investment and asset progression.

My blog - Sg Home Investment - offers essential property reviews, research and guides to help buyers make an informed investment decision. Please feel free to WhatsApp Me if you have any queries about the real estate market in Singapore.