Parc Komo in District 17 expected to have higher property appreciation
Ravi Philemon
5 min read
Parc Komo was mentioned in a recent report as being among the list of properties in District 17 which is expected to appreciate in price. The report by Stacked Home published in AsiaOne titled ‘Top 10 Singapore districts with the highest property appreciation’, listed District 17 comprising areas like Flora, Loyang, Changi, at number 5. District 17 is a major commercial hub in Singapore. Areas like Changi, which is in District 17, has a lot of history tied in to it.
The report noted that although Changi Airport and the Jewel being super-amenities, with retail and 24-hour food outlets, will hold up property prices for the real estate in that area, “the momentum is expected to drop in the near term. This is due to the effect of Covid-19 on the aviation industry (a lot of properties here are purchased with the intention of renting it to air crews, SIA trainees, etc.)”.
Parc Komo
Image Credits: Parc Komo, by CEL Real Estate Development Pte Ltd
Parc Komo is in District 17 and is mentioned in the article. Parc Komo opened for preview in May 2019.
Apartment sizes range from 452 sq ft for a one-bedroom unit to 1,905 sq ft for the largest five-bedroom luxury penthouse. Indicative prices start from about $663,000 for a one-bedroom unit, $871,000 for a two-bedder and $1.294 million for a three-bedder.
Residental condominiums today feature the same facilities: infinity pool, fully-equipped gyms, and sky decks. But Parc Komo aims to set itself apart.
A newly launched freehold mixed development in Changi, Singapore, it seeks to offer a resort-inspired lifestyle for its residents, where communing with nature is but a few steps away from your front door.
Developed by CEL Real Estate Development Pte Ltd, a publicly listed company in Singapore, Parc Komo aims to be a commune of nature where a wholesome shared community of residents enjoy an excellent quality of life in the city-state.
Parc Komo is inspired by the Japanese phrase: “Light through the leaves,” which is “Komorebi” in Japanese. With this phrase as inspiration, you can expect Parc Komo to be filled with nature, complete with ponds, gardens, and private outdoor spaces where lush greenery provides the rest and respite you need after a long day’s work.
Location
Parc Komo is located on the former address of Changi Gardens. Its address is 38 Jalan Maraim Road and situated in a low density private residential exclave with landed houses.
Parc Komo is well-connected to the rest of the island with easy access to expressways, bus stations, and an MRT station, which is the Tampines East West Line Station. Bus services from the condo to the Station and bus interchange is only steps away from the condo, providing an easy commute for residents to various parts of the island.
The upcoming Loyang MRT Station on the Cross Island Line will be minutes away, where you can walk to take a train to many parts of Singapore.
The following expressways are within direct access from Parc Komo: TPE (Tampines Expressway), PIE (Pan-Island Expressway), and ECP (East Coast Parkway). Changi Airport is but a short 5-minute drive away as well as the Changi Business Park.
Amenities
In terms of amenities, shopping malls, schools, and opportunities for recreation and leisure are within minutes from the condo. The coastal road, the Pasir Ris Park, and the Changi Coastal Point are a short distance away, making a trip to nature one of the most exciting activities you and your family can enjoy in this luxury residence.
The following schools are within short distances from Parc Komo:
Dunman Secondary School
Loyang View Secondary School
East Spring Primary School
Hai Sing Catholic School
Middleton International School
Temasek JC School
In terms of shopping for essentials, groceries, and leisure shopping, the following malls and supermarkets are in close proximity:
Giant Supermarket
Sheng Siong Hypermarket
Valley Grocer
Changi Friendly Store
NTUC Fair Price
Eastpoint Mall
Facilities
As a mixed development, the first two floors of Parc Condo will be dedicated to commercial establishments, offering dining, shopping, and other commercial spaces for both the public and the residents of the condo can enjoy.
With 10 blocks of low-rise buildings, comprising of 276 units of 1 to 5 bedrooms, the large and expansive lot of Parc Komo provides ample space for every resident and guest to immerse in a holistic and tropical resort-inspired living.
Among the facilities to be found include:
Courtyard
50m Infinity Pool
Kids’ Pool
Kids’ Playground
Yoga Deck
Forest Trail
Leisure Pool
Fitness Park
Glamping Center
Swing Garden
Meditation Deck
Gym
Moonlight Patio
Ponds
Herb Garden
As you can see in this list of facilities, and more, the developers truly wanted to create a place where residents can enjoy the outdoors, explore nature, and have a place in the development where they can commune with nature, experience fresh air amidst the gardens, and find a quiet place to have their very own with the number of gardens located within the property.
Wih 10 low-ruse blocks, the metropolitan world of Singapore will seem like a world away, as residents enjoy a quiet, and peaceful abode in the heart of Changi.
Developer
CEL Real Estate Development Pte Ltd is a wholly-owned subsidiary of Chip Eng Seng Corporation Ltd., which is a publicly listed company in Singapore since 1999. They are one of the industry’s fastest rising names, with projects and investments in Vietnam, Australia, and Singapore.
They have built a reputation for their success on the donations of solid ethical practices, as well as quality standards supported by their expertise in the field of property investment, development, and construction.
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