Parc Komo Price

Pricing Score:
4.6/5
parc-komo-price-freehold-new-launch-condo

It was Sunday, 26 May 2019, the launch day of Parc Komo. Many were eagerly anticipating how well this development will sell with it’s attractive Freehold prices.

Parc Komo Balloting Day. Image credits: Yahoo Finance

At 6pm, 70 out of its total 276 units had been snapped up. An impressive 25% launch day sales..

More than a year has passed. So what exactly is Parc Komo price at the moment?

Parc Komo prices now starts from $881k for a 560sqft 1+Study unit. For a 2 bedroom unit, prices are from $946k and a 3 bedroom apartment here will set buyers back by at least $1.413m.

Here’s the latest updated Parc Komo price list..

Unit Type
Price Fr
Size (sqft)
PSF
1 Bedroom
Fully Sold
1 + Study
$881k
560
$1573
2 Classic
$946k
614
$1540
2 Deluxe
$1.045m
700
$1492
3 Classic
$1.413m
915
$1544
3 Deluxe
$1.458m
969
$1504
4 Classic
$1.891m
1292
$1463
4 Deluxe
$1.965m
1410
$1393
5 Bedroom
$2.558m
1808
$1414

Parc Komo Price List

To make it simple for you, we’ve put out this price list for all the various unit types in Parc Komo:

Unit Type
Price Fr
Size (sqft)
PSF
1 Bedroom
Fully Sold
1 + Study
$881k
560
$1573
2 Classic
$946k
614
$1540
2 Deluxe
$1.045m
700
$1492
3 Classic
$1.413m
915
$1544
3 Deluxe
$1.458m
969
$1504
4 Classic
$1.891m
1292
$1463
4 Deluxe
$1.965m
1410
$1393
5 Bedroom
$2.558m
1808
$1414

The above table shows the entry prices for each unit type. And of course, prices will be higher for higher floor units and premium facing units.

If you’d like to grab hold of the complete price list, book a showflat viewing or get a detailed consultation on your purchase finances / calculation, you are just a click away below…

We are the official appointed developer sales and all prices will be direct developer prices.

Land Price (Per Plot Ratio)

If you consider yourself a savvy property buyer, you will certainly want to know how the current unit prices are pegged to the developer’s land cost.

Let’s help you find out with more facts and figures..

Back in April 2017, the highly contested Government Land Sales for this plot of land in Tampines Ave 10 attracted nine hopeful bidding developers.

And eventually it was the re-owned local developer, City Developments Ltd (CDL) who managed to win this site that sits in between 3 private condominiums (Q Bay Residences, The Santorini and The Alps Residences) and another upcoming Executive Condominium (Park Central Residences)

So, what land price did the developer actually fork out for this 233,769sqft plot of land that overlooks the Tampines Quarry?

The land price of The Tapestry stands at $370.1 million, resulting in the winning bid being 5.7% higher than the second highest bidder by Kingsford Development at $350 million. This total land cost effectively translates to an estimated land rate of $565psf per plot ratio (ppr).

Today, not many developers are sitting on a land cost as low as The Tapestry. Only Kandis Residence ($481psf ppr) and The Jovell are sitting on lower psf per plot ratio.

But if you look into a more direct comparison with nearby new launches, you will find that Treasure at Tampines ($676psf ppr) and Riverfront Residences ($706psf ppr) are both sitting on  higher land costs.

Given this relatively competitive land price, it is almost certain that prices here will remain attractive for those who manage to grab hold of a unit here before selling out.

Parc Komo Balance Units Availability

We’ve shown you the entry prices above.

But just by looking at the prices above, you may not know that The Tapestry is already more than over 95% sold.

Inventory here is getting very low, and you might be wondering if there are still any suitable units for yourself.

So, what are the The Tapestry balance units that are still available? Let’s break down the remaining number of units for each unit type:

1 Bedroom – 3 units left
1 + Study – 3 units left
2 Bedroom – 28 units left
3 Bedroom – 6 units left

As you see above, the balance units remaining out of the total 861 units are depleting real fast and units are still being sold almost everyday! (TOP soon in less than 6 months time is the biggest factor!)

Get in touch with us below to find out more about this hot new launch condo.

If you would like to visit the showflat, please book via the form below, as all showflat viewings are now only on appointment basis due to Covid-19 restrictions.

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Parc Komo Full Review

Now that you’ve seen the prices and balance units availability, would you like full details on this development?

We have a full review on The Tapestry, where you will be able to find comprehensive information such as the:

  • Project Fact Sheet
  • Condo Location Analysis
  • TOP Date
  • Floor Plans
  • Condo Facilities
  • Investment Potentials
  • And of course the full suite of images for this development!

 

Understand everything about this development and help yourself make a better property decision..

CEA No. L3010738A  |  RES No. R059189D

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