Parc Greenwich
Last Updated: 24th September 2023
- 24-09-2023: Fully Sold! Register Interest to get updated.
- 04-01-2021: EC Income Ceiling raised to $16,000.
- 04-01-2021: Parc Greenwich EC launch date is estimated to be in 2021. Bookmark this page to get the update.
- 04-01-2021: Check your loan eligibility by calculating at Max Loan Eligibility Calculator Based on Mortgage Serving Ratio
- 04-01-2021: Location map, nearby amenities, and site view are updated.
| Project Details | Parc Greenwich Executive Condominium |
| Location | Fernvale Lane |
| District | 28 |
| Developer | Frasers Property unit FCL Lodge Pte Ltd |
| Site Area | 184,385 sq ft / 17,129.9 sqm |
| No. of Blocks | 9 |
| No. of Storeys | 14 |
| Site Use | Residential Flat Developement |
| Tenure | 99-year leasehold |
| No. of Units | 496 units |
| No. of Car Park Lots | Basement Carpark |
| Expected Date of TOP | 10 Mar 2026 |
Parc Greenwich EC Price
Frasers Property unit FCL Lodge Pte Ltd won the bid for the executive condominium (EC) site along Fernvale Lane. The new EC sits an area of 184,385 square foot (17,129.9 square meter) land parcel and has a plot ratio of 2.8. With the top bid of S$285.5 million, it works out to S$555 per square foot per plot ratio (psf ppr). According to the Housing and Development Board (HDB), it can yield a maximum of 480 units.
Based on the estimation, the Fernvale Lane EC, now named as Parc Greenwich, will have a break-even price of S$950-1,050 psf ppr and launch prices to potentially from S$1,150 psf.
Balance Units
The project is fully sold by now. You can still register for drop out units updates!
(All prices for Parc Greenwich EC displayed here are for reference purposes. Prices are subject to change from time to time without prior notice. This webpage cannot be held responsible for any inaccuracies, omissions and/or dispute.)
2 BEDROOM
786sqf – 990sqf (14 units)
3 + Study (Last 15)
1066sqf – 1281sqf (124 units)
3 BEDROOM (Last 16)
958sqf – 1195sqf (52 units)
4 BEDROOM
1206sqf – 1410sqf (98 units)
3 BEDROOM PREMIUM
1001sqf – 1216sqf (194 units)
5 BEDROOM
1464sqf – 1679sqf (14 units)
Check on unit availability on Balance Units page or review the floor plan of unit type.
Calculators: Estimate Mortgage | Normal Payment Plan | Deferred Payment Scheme | Resale Levy
Buyer’s Stamp Duty (BSD)
| Purchase Price or Market Value of the Property | BSD Rates for Residential Properties | BSD Rates for Non-Residential Properties |
|---|---|---|
| First $180,000 | 1% | 1% |
| Next $180,000 | 2% | 2% |
| Next $640,000 | 3% | 3% |
| Remaining Amount | 4% |
Residential Home Loan Regulations (MAS)
| First Loan | Second Loan | Third Loan | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Loan Tenure | Up to 30 years | 31-35 years | Up to 30 years | 31-35 years | Up to 30 years | 31-35 years | |||
| Age | Age used to calculate loan tenure, will be based on income-weighted | ||||||||
| Up to 65 | Up to 70-75 | Up to 70-75 | Up to 65 | Up to 70-75 | Up to 70-75 | Up to 65 | Up to 70-75 | Up to 70-75 | |
| Maximum LTV Limit | 75% | 55% | 55% | 45% | 25% | 25% | 35% | 15% | 15% |
| 20% (non-individuals) | |||||||||
| Minimum Cash Downpayment | 5% | 10% | 10% | 25% | 25% | 25% | 25% | 25% | 25% |
| Gaurantors / Co-borrowers | All Co-borrowers must be mortgagors. Guarantors must be co-borrowers if the latter did not pass the TDSR criteria |
||||||||
| Mortgage Servicing Ratio | N/A | ||||||||
| Total Debt Servicing Ratio | 60% | ||||||||
| Stress Test Interest Rate | 3.5% | ||||||||
Also known as Progressive Payment Scheme, allows you to service your loan via monthly instalments progressively stage by stage as the property is being built.
| Stage | Payment Under a Standard Payment Scheme (% of Purchase Price) |
|---|---|
| Upon the grant of Option to Purchase | 5% (Booking Fee) |
| Upon signing of the Sale & Purchase Agreement or within 8 weeks from the Option date | 20% less Booking Fee |
| Completion of foundation work | 10% |
| Completion of reinforced concrete framework of unit | 10% |
| Completion of partition walls of unit | 5% |
| Completion of roofing/ceiling of unit | 5% |
| Completion of door sub-frames/ door frames, window frames, electrical wiring, internal plastering and plumbing of unit | 5% |
| Completion of car park, roads and drains serving the housing project | 5% |
| Notice of Vacant Possession (TOP) | 25% |
| On Completion date | 15% |
Parc Greenwich EC Location
The new Executive Condominium (EC) Parc Greenwich is located at Fernvale Lane in Sengkang, 800m away from Fernvale LRT station and 4 LRT station away to Sengkang MRT station.
Nearby shopping malls such as Greenwich V, Fernvale Square, and the Seletar Mall provides daily conveniences. Parc Greenwich residents can shop and dine or even watch a movie at the Seletar Mall.
Future residents of Parc Greenwich EC can enjoy sports facilities and family activities at the Sengkang Sports and Recreation Centre.
Walking, jogging, or cycling along Sengkang riverside park, residents are indulged with greenery view and nature’s beauty.
Amenities @Parc Greenwich EC
| Catergory | Amenites | Approx Distance |
| MRT Station | Fernvale LRT (SW5) | 0.80km |
| Sengkang MRT (NE16) | 4 LRT Stations | |
| Bus Stops | Opp The Greenwich (67041) Services: 50, 70, 103, 854 | 0.29km |
| Schools | Pei Hwa Secondary School | 1.02km |
| Hougang Secondary School | 1.90km | |
| Shopping Malls | Greenwich V | 0.10km |
| Fernvale Point | 0.87km | |
| Hougang 1 | 1.80km | |
| Sports Clubs | Sengkang Sports and Recreation Centre | 1.95km |
Increasingly vibrant, the town of Sengkang will see even more amenities and lifestyle destinations in the next few years. Access to recreational and green spaces will be improved, and there are more options to work close to home at Sengkang West.
Want to know how Sengkang Area is planned with the comprehensive range of facilities to meet the needs of current and future residents? Check out the Sengkang URA Master Plan.
Parc Greenwich EC Site Plan
Parc Greenwich offers a modern, vibrant and idyllic lifestyle. It has dedicated recreational zones, with a multitude of facilities to cultivate well-being for the whole family. Flexible and practical interior layouts also give room for everyone to grow.
Parc Greenwich EC Floor Plan
The Parc Greenwich EC is designed to accommodate all your needs, a love nest for younger families or even multi-generational living. Stay tuned for the floor plans of the units available in Parc Greenwich EC.
The Full Parc Greenwich EC Floor Plan will be uploaded once it becomes available.
Is floor plan easy to understand? Whereas it is exciting to read floor plans, compare them and hopefully make the decision, sometimes it can be confusing due to the many unfamiliar symbols and different types of lines. Armed with some basic knowledge, you will be able to gain more information from floor plans.
Doors
When reading floor plan, it is easier to first visualise yourself at the main door. That helps you better understand how living room, kitchen, bedrooms are connected.
Doors are quarter-circles on the floor plan. The arc of the door symbol indicates if the door swings inwards or outwards.
Windows
Windows are marked with thin hollow lines. There are two types of windows in Singapore – the sliding window and the casement window. The difference is that casement windows usually come in pairs.
Walls
You can quickly notice these bold lines and normal lines by looking at its thickness from the floor plan.
- Bold lines are structual walls which cannot be hacked.
- Normal lines are non-structual walls which usually can be safely removed. Non-structural walls seperate one room from another.
* For development using prefabricated structure, walls are indicated as normal lines but they cannot be hacked. You need to check the brochure if it is prefabricated units before planning any renovation work.
Facing
It is important to know the facing of doors and windows. The facing of North is usually indicated at the corner of the floor plan and is easier to tell directions from the site plan.
Symbols of door and windows on the floor plan and Their Meanings
Parc Greenwich EC Showflat
Location, Opening Hours
The Parc Greenwich EC showflat is not open yet.
Kindly register your interest to receive latest update on showflat opening date and project details.
Things to Take Note Before Visiting Parc Greenwich EC Showflat
- It is advisable to check Eligibility Conditions for Parc Greenwich EC purchase.
- How are you affected by the MSR(Mortgage Servicing Ratio)? You will need to know the bracket you are in. Find out more using the MSR calculator.
- On the actual launch date, you will need to understand how the Balloting System works.
Alternatively, you may simply book an appointment by filling up the form below and let us contact you. Our experienced sales team is able to assist you throughout the process.
Register Interest
Balance Units
The project is fully sold by now. You can still register for drop out units updates!
