Around 143 units have been snapped up at Parc Vera as of Monday, with an average price of about S$800 psf.
PropertyGuru understands that the majority of buyers are HDB upgraders. Nearly 80 percent are Singaporeans while the rest are permanent residents (PRs) and foreigners.
Located at Hougang Avenue 7, Parc Vera comprises 452 units spread across four 18-storey blocks, offering two-bedroom, two-plus-study, three-bedroom and four-bedroom units, as well as penthouses.
“Parc Vera stands out because residents will be welcomed to a home nestled among nature’s beauty while benefitting from easy access to the city and amenities within the matured estate of Hougang,” said Kuik Sing Beng, Executive Director of Sim Lian Group, the developer behind the project.
“Residents can also cycle, jog and enjoy a leisurely stroll along Sungei Serangoon to catch a glimpse of wildlife including herons, terns and kingfishers.”
Organised in a U-shape formation, the development features a cascading double-storey waterfall from a lap pool on the third floor to a children’s pool and Jacuzzi on the first level. There will also be a pool pavilion, sun decks and a timbre boardwalk.
The project is easily accessible via major expressways, including the CTE, KPE, PIE and TPE, with a bus interchange and MRT stations nearby.
The first phase of 150 units was launched on 29 October 2011. Due to positive response, another 40 units were released the next day, taking the total number of units up for sale to 190.
The Temporary Occupation Permit (TOP) for Parc Vera is expected in June 2015.
For more information about Parc Vera, please click here.
To contact the journalist, you may send your message to editor@propertyguru.com.sg