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Parc Centros @ Punggol: Luxurious Living in the North East With a Wealth of Amenities

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Always wanted to live right next to an MRT station? Well, you can enjoy this perk if you are living at Parc Centros, located at Punggol Central in District 19. Developed by Wee Hur (Punggol Central) Pte Ltd, this 99-year leasehold condominium comprises 618 units across 16 floors. Designed with tranquility in mind, enjoy coming home to your own private sanctuary paired with a wealth of convenience.

4 Reasons Why Parc Centros Is Ideal for Any Type of Buyer:

1. Specifications and Perks for Own Stay

Project Name Tenure TOP Unit Type (up to) Size in sqft (up to) Average Price PSF (up to)
Parc Centros 99-year leasehold 2016 1-bedroom
2-bedroom
3-bedroom
4-bedroom
5-bedroom
581
764
1,163
2,024
2,228
$1,302

Enjoy the comfort and lush greenery of Parc Centro’s serene environment. Choose from 1- to 5-bedroom apartments that have designer fittings and fixtures, so you don’t need to worry about renovation!

Do you want to live in a condominium within reach of everything? Facilities available at Parc Centros include a 50m infinity lap pool, gymnasium, jogging trail, and tennis court, keeping you motivated to stay in shape. After a hard day’s work, relax your mind and body at these lounge spots: spa pods, spa pool, cocktail and swim out bar.

Look forward to weekends at home with Parc Centros’ extensive entertainment facilities. Spend time with family and friends at the water and adventure playground, family lounge, outdoor cooking pavilion, family pool deck, function room, island dining, BBQ areas and more!

2. Accessibility, Amenities, and Recreational Spots

Travelling via public transport shouldn’t be a hassle; Punggol MRT station, connected to the LRT, is a three-minute walk from the property. It’s just as breezy for vehicle owners too. Connected to major expressways such as the Tampines Expressway (TPE), Kallang-Paya Lebar Expressway (KPE) and Punggol Central, you’ll arrive at business hubs or shopping districts in the city within 30 minutes.

The mall closest to you is Waterway Point, which is a four-minute walk. It has everything you need, from grocery shopping, eateries to cinema theatres. Residents have the advantage of being next to the reservoir, three coastal promenades, two bustling activity hubs, and a 4.5km waterway. From water activities to horse riding, the list of exciting activities you can engage in are endless!

3. Job Opportunities, Healthcare, and Schools

Keep an eye on the upcoming Punggol Digital District (3km away) and Sengkang West (5.2km), both a 10-minute drive from the property. These developments mean that there will be more professionals working in the North-East, in higher demand for homes. What’s more? A new employment node is also being developed at Lorong Halus. It will be progressively developed as a food, lifestyle, and logistics cluster.

There’s a wide range of schools within a 1km radius which you can reach by foot; Edgefield Primary School (700m walk), Punggol View Primary School (700m walk), Punggol Green Primary School (850m), Edgefield Secondary School (550m), and Punggol Secondary School (900m). Another factor of convenience is how close healthcare institutions are; Sengkang General Hospital and Sengkang Community Hospital are both a seven-minute drive from Parc Centros.

4. Property Price and Future Developments

The price of Parc Centros’s three-bedroom unit (990 sqft), mid-level floor in the past three years:

  • January to December 2017 – up to $1,050,000
  • January to December 2018 – up to $1,150,000
  • January to December 2019 – up to $1,170,000

Since 2017, property prices at Parc Centros have been increasing. We can foresee the price rising over the years, thanks to upcoming developments like new amenities, community spaces, connectivity, industrial hubs, and recreational facilities.

Is Parc Centros the home you’ve been dreaming of? Talk to our real estate consultants and get VIP agent service. Call 6886 9009 now!


Best Mortgage Rate Across All Banks for Parc Centros

Talk to our mortgage brokers with over 30 years of experience and get the lowest mortgage rate at 1.78%. Our home loan specialists will assist you with everything you need to know from Total Debt Servicing Ratio (TDSR), Loan to Value (LTV) Limits and Legal Conveyancing.

Buyer’s Stamp Duty for Parc Centros

Buyer’s Stamp Duty (BSD) is tax paid on documents signed when you buy or acquire property located in Singapore.

If you opt to buy a three-bedroom unit at Parc Centros the price is at $1,170,000 which is reflective of the market value, your Buyer’s Stamp Duty (BSD) is $31,400.

Market Value of the Property BSD Rate Calculation
On the first $180k 1% $1,800
On the second $180k 2% $3,600
Next $640,000 3% $19,200
Remaining $170,000 4% $6,800
BSD Payable $31,400

Source: IRAS

Looking at another unit size? Use Ohmyhome’s In-app BSD calculator for faster calculation! Download Ohmyhome from the Play Store or App Store now!

Additional Buyer’s Stamp Duty for Parc Centros

Liable property buyers in Singapore are required to pay Additional Buyer’s Stamp Duty (ABSD) on top of the existing BSD. ABSD and BSD are computed on the purchase price as stated in the dutiable document or the market value of the property (whichever is the higher amount).

Who is liable to pay ABSD:

  • Singapore Citizen (SC) buying second, third and subsequent residential property
  • Singapore Permanent Resident (SPR) buying first, second and subsequent residential property
  • Foreigners or entities buying any residential property

ABSD for Singapore Citizens when Buying Parc Centros

Here’s the ABSD amount you are required to pay if you are an SC:

Property Ownership ABSD Rate ABSD Amount from Price $1,170,000
If Parc Centros is your second residential property 12% $140,400
If Parc Centros is your third or subsequent residential property 15% $175,500

ABSD for Singapore Permanent Resident when Buying Parc Centros

Here’s the ABSD amount you are required to pay if you are an SPR:

Property Ownership ABSD Rate ABSD Amount from Price $1,170,000
If Parc Centros is your first property 5% $58,500
If Parc Centros is your second or subsequent residential property 15% $175,500

ABSD for Foreigners when Buying Parc Centros

Here’s the ABSD amount you are required to pay if you are a foreigner:

Property Ownership ABSD Rate ABSD Amount from Price $1,170,000
Foreigners buying any property 20% $234,000

VIP Service for Buyers at $0 Agent Fees

Our real estate consultants will provide you insights about this new project and assist you with everything you need to know from BSD, ABSD, exercising the OTP to sealing the deal.

Buy your dream home at $0 agent fee!

Call 6886 9009 now!

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