Park Nova 

Park Nova, a freehold New Launch Condo on Tomlinson Road in District 10, redefines luxury living. Anticipated for completion in 2024, this exclusive development comprises one block housing a total of 54 units.

Development Overview:

Freehold Prestige: Park Nova stands as a testament to exclusivity, offering residents the privilege of freehold ownership, ensuring perpetual luxury living.

Completion in 2024: The development is set to be completed in 2024, promising a timely realization of the epitome of sophisticated living.

Strategic Location: Enjoy seamless connectivity with Orchard Boulevard MRT within walking distance, providing easy access to various parts of Singapore.

Surrounded by Opulence: Park Nova shares its neighborhood with upscale condos like Cuscaden Reserve, Hana, and The Tomlinson, contributing to an atmosphere of opulence.

Educational Excellence: Families with young ones benefit from the proximity to esteemed educational institutions such as The Excelerate Program and Creative Horizons Language Centre on Tanglin Road.

Retail Therapy: Nearby supermarkets like CS Fresh Gold and Cold Storage at Specialty Tanglin Shopping Centre cater to residents’ daily needs, ensuring a convenient lifestyle.

Healthcare at Your Doorstep: Residents have access to healthcare services at Zoe Medical, providing peace of mind for health emergencies and regular checkups.

Postal Services: Singapore Post – Tanglin Branch offers convenient post office services for residents, ensuring easy access to postal needs.

Financial Convenience: Park Nova residents have monetary services within reach with Ge Money Pte Ltd nearby.

Green Oasis: Residents seeking leisure and relaxation can head to the local park at Four Seasons Hotel Green Thumb garden, providing a serene environment to enjoy fresh air.

Key Selling Points:

Freehold Perpetuity: Park Nova offers the rare privilege of freehold ownership, providing residents with a timeless investment and an enduring legacy.

Luxurious Living Spaces: With a focus on elegance and comfort, Park Nova ensures residents experience the pinnacle of sophisticated living.

Strategic Connectivity: Proximity to Orchard Boulevard MRT ensures residents can effortlessly navigate the city, enhancing their mobility.

Surrounded by Luxury: Park Nova shares its locale with other high-end condos, creating an enclave of luxury and exclusivity.

Education Hub: The development is close to renowned educational institutions, making it an ideal choice for families with young learners.

Retail and Convenience: Nearby supermarkets cater to daily needs, healthcare services are easily accessible, and financial services are within reach, ensuring residents’ convenience.

Green Retreat: The local park at Four Seasons Hotel Green Thumb garden offers a tranquil escape for residents seeking outdoor relaxation.

Park Nova factsheet

Project Name: Park Nova

Road: Tomlinson Road

Location: Local

District: D10 – Ardmore, Bukit Timah, Holland Road, Tanglin

Region: Central Region

Broad Region: Core Central Region (CCR)

Country: Singapore

Category: Non-Landed Residential

Model: CONDO

Developer: SHUN TAK CUSCADEN RESIDENTIAL PTE LTD

Expected TOP: 31-Oct-24

Expected Date Legal Completion: 31-Oct-27

Tenure: FREEHOLD

Architect: P & T Consultants Pte Ltd

Quantity Surveyor: Arcadis Singapore Pte Ltd

CS Engineer: P & T Consultants Pte Ltd

ME Engineer: J Roger Preston (S) Pte Ltd

Project Account: 003-700143-0 DBS Bank Ltd

Land Size Area: 46,085 sqft

Site Use: Residential

Payment Schemes: Normal Progressive Payment Scheme

Mukim Lot No.: 99712X and 99713L TS 25 Nassim Road

Floor Plans of Park Nova

Total Area: 11,988 sqm

Level/Floor: 20

Height: 100 m (382 ft )

Flooring Material: N/A

Type of Kitchen: Enclosed Kitchen

Orientation: South Facing

View Type: Greenery view and City view

Ceiling Height: 3 m

Energy Efficiency Rating: A, B, C

Window Type: Yes

Heating and Cooling System: Air Conditioning

Security Features: 24 hours security, CCTV

Accessibility Features: Private lift and lobby lift

Furnishing Status: Partially furnished

Outdoor Space: Balcony

Bedrooms: 2+1 BR, 3+1 BR, 4 BR, 4+1 BR, 5+1 BR, Penthouse

Bathrooms: 2 bathroom, 5 bathroom, 6 bathroom, 7 bathroom

Balcony Presence: Yes

No. Of Carpark Lots: 57

Total Units: 54 units, Occupied- 53

Aspect and Ratings out of 5

  • UNIT EFFICIENCY: 4.5/5
  • UNIT SIZE: 5/5
  • QUALITY OF FITTINGS: 5/5
  • DESIGN: 4.5/5
  • VARIETY OF FACILITIES: 2.5/5
  • QUALITY OF FACILITIES: 4.5/5
  • SURROUNDING AMENITIES: 4/5
  • DEVELOPER: 4/5
  • TRANSPORT LINKS: 4.5/5
  • DRIVING ACCESSIBILITY: 4.5/5
  • PRICE POINT: 1/5

Verdict: 4/5 (It’s a worthy buy)

The good

  • Luxurious Amenities: Sky Terrace, lap pool, and exclusive services.
  • Strategic Location: Proximity to Orchard Road and upcoming MRT stations.
  • Unique Architecture: Butterfly-shaped tower with biophilic design.
  • High-Quality Interiors: Premium brands like Molteni&C, Miele, and Vola.
  • Investment Potential: Comparable to other prestigious projects.
  • International Developer: Shun Tak’s established presence in Hong Kong.
  • Individual Unit Features: Private lift access, generous ceiling height.

The bad

  • Premium Pricing: Exceptionally high Psf compared to peers.
  • Limited primary school options in the 1km radius.
  • Exclusivity Barrier: Prices may limit entry to a niche market.
  • Foreign Dominance: 86% of buyers are foreigners.
  • Limited Unit Types: Options mainly in 2, 3, and 4-bedroom units.
  • Lack of natural ventilation in yard area.
  • Reliance on Developer reputation for long-term value.

Park Nova review

Overview

  • Developer and Acquisition:
    • Developed by Hong Kong-based Shun Tak.
    • Acquired through a collective sale (en-bloc) in 2018 at an unprecedented $2,910 per square foot (psf), setting a record for en-bloc sales in Singapore.
  • Launch and Sales Performance:
    • Launched as Park Nova in May, the development quickly gained attention.
    • On the first day, the three largest penthouses (ranging from 3,229 sqft to 5,899 sqft) were sold.
    • The largest penthouse sold at an impressive $34.4 million or $5,838 psf.
    • 15 units (33% of total) have been sold since then, with an average psf of $5,000.
  • Pricing and Exclusivity:
    • Notably luxurious and the most expensive among recent launches.
    • Differentiates through pricing, targeting ultra-high net worth individuals.
    • Exclusivity is a key factor driving demand, mirroring the Veblen goods phenomenon.
  • Unit Pricing and Buyers:
    • The cheapest 2-bedroom unit starts at approximately $6 million.
    • Niche buyers seeking trophy assets.
    • Current buyer breakdown: 86% foreigners, 7% PRs, and 7% Singaporeans.
  • Market Positioning:
    • Positioned as an ultra-luxury project with a focus on exclusivity.
    • Comparable to other landmark projects like Ardmore Park, emphasizing enduring desirability.
  • Buyer Perspective:
    • Buyers are expected to be foreigners, attracted by the inability to purchase landed properties in Singapore.
    • The average sale price above $10 million offers a range of choices.
    • Emphasis on intangible benefits, such as exclusivity and the prestige of living among global elites.

Inside Tour

  • Architectural Inspiration:
    • Designed by PLP Architects, Park Nova draws inspiration from the historical context of Orchard Road’s 19th-century nutmeg, pepper, and fruit orchards.
    • The building’s butterfly-shaped single tower features gently undulating floor plates arranged into three wings, maximizing natural shading and ventilation.
  • Biophilic Design:
    • Biophilic design extends to every unit with vertical gardens around balconies and bedrooms.
    • Communal vertical gardens, part of common areas maintained by MCST, enhance the facade’s overall appeal.
  • Unit Layout and Views:
    • Single-loading layout ensures natural ventilation and a 270-degree view for each unit.
    • Privacy is paramount, with no units facing each other.
  • Entrance and Lobby:
    • Entrance via Tomlinson Road embraces a nature-themed design.
    • Grand and opulent lobby features a concierge service, reflecting Shun Tak’s hospitality experience.
  • Parking and Green Initiatives:
    • A 1-to-1 parking ratio (54 lots) with an additional 3 electric charging stations.
    • Ground floor set 17m above ground level, providing elevated views and privacy.
  • Facilities Overview:
    • Facilities split between the 1st and 14th floor Sky Terrace.
    • Ground floor amenities include a lap pool, hot spa, jacuzzi, and leisure pool.
    • Sky Terrace on the 14th floor offers a gym, sky garden, sky terrace, and a sky lounge with dining facilities.
  • Landscaping and Communal Areas:
    • Communal planters with auto-irrigation for unobstructed greenery views.
    • Stacks 1 and 2 feature acoustic ceilings to absorb road noise.
    • Lavish common areas designed with top-quality materials and fittings.
  • Interior Features:
    • Italian brand Molteni&C Dada furnishes Park Nova, known for projects like Cartier Mansion in New York.
    • Miele kitchen appliances and Vola bathroom fittings in hairline copper finish.
    • Turkey-imported marble and engineered timber adorn common areas and bedrooms, ensuring luxury and easy maintenance.

Unit Type: 3 Bedroom + Study (2,207 sqft)

  • Equal distribution of units among 2, 3, and 4 Bedroom types, excluding the sold-out penthouses.
  • Two variations of 3 Bedroom units, both spanning 2,207 sqft, differing in the arrangement of communal planters around the apartment.
  • Size and Ceiling Height:
    • Spacious 2,207 sqft layout for a 3 Bedroom unit, catering to the ultra-luxury segment.
    • Generous 3m ceiling height across all units, surpassing average standards.
  • Material Finishes:
    • Extensive use of Turkey-imported marble in common areas and bathrooms, custom-crafted for precision.
    • Engineered timber flooring in bedrooms ensures luxurious aesthetics and easy maintenance.
  • Private Lift Access and Foyer:
    • All units feature private lift access for maximum exclusivity.
    • A 5 sqm private foyer at lift exit with three doors: one leading to a guest powder room, one to the main apartment door, and one to the yard/back door.
  • Luxurious Powder Room:
    • Lavish powder room with two-tone marble finishes, Vola copper fixtures, and Laufen premium Swiss brand sanitaryware.
    • Mechanical ventilation provided in the absence of windows.
  • Expansive Living and Dining Areas:
    • Unit offers an impressive 57.8 sqm of living and dining space.
    • Accommodates an 8-seater dining arrangement with potential for a 10-seater, providing a class-leading environment for hosting.
  • Balcony with Unique Views:
    • Spacious balcony (16.7 sqm) seamlessly connected to the living room.
    • Irregular layout, suitable for intimate gatherings or creating a cozy corner.
    • Higher-floor units offer captivating views of Botanic Gardens and Nassim Road GCB enclave.
  • Well-Equipped Enclosed Kitchen:
    • Enclosed kitchen with a regular and square layout, equipped with high-gloss finish cabinets from Molteni&C.
    • Two-panel windows for proper ventilation during cooking.
    • Top-end Miele appliances, including gas hob, hood, concealed fridge, and wine chiller.
  • Study and Utility Room:
    • Well-sized study (7.8 sqm) across from common bedrooms, suitable for a private office or alternative use.
    • Store/utility room with a self-enclosed w/c located behind the kitchen, primarily intended for helper use.
  • Bedrooms and Communal Planters:
    • Three bedrooms with ensuite bathrooms; all rooms feature built-in wardrobes from Molteni&C.
    • Communal planters outside windows for a soothing garden view.
    • Master Bedroom boasts the largest space at 27.6 sqm, offering unparalleled privacy.
  • Master Bathroom:
    • Opulent master bathroom (11.7 sqm) with his and hers basins, Vola copper taps, and a sizable Laufen tub.
    • Separate rain shower stall with Vola fittings and a wall-hung w/c, emphasizing luxury and functionality.

Unit Type: 4 Bedroom – Type 4BR-1 (2,906 sqft)

  • Two types of 4 Bedroom units, with a slight difference in size (2,895 sqft vs 2,906 sqft) and balcony shape.
  • Larger show flat unit features a slightly narrower balcony.
  • Communal planters vary on odd and even floors but are not part of the strata area.
  • Size and Popularity:
    • Spacious 2,906 sqft layout, meeting expectations for ultra-rich clientele.
    • Among the most sought-after units at Park Nova, especially on higher floors.
  • Private Lift Experience:
    • 6.5 sqm private lift lobby provides ample space for preparation or gathering.
    • Powder room for guests and side door to common lift lobby, similar to the 3 Bedroom unit.
  • Impressive Living and Dining Space:
    • Living and dining experience stands out as the most impressive.
    • Expansive 10m width and 77.3 sqm (832 sqft) of living and dining areas create a luxurious atmosphere.
    • Ducted air conditioning throughout, showcasing premium standards.
  • Spacious Balcony with Views:
    • Substantial 25.8 sqm balcony with leveled-up tiles for a seamless transition.
    • Functional layout with no odd corners, suitable for various purposes.
    • Views include the Orchard city skyline on higher floors and greenery along Orchard Boulevard on lower floors.
  • Well-Equipped Kitchens:
    • Dry kitchen features a modern standalone piece with functional fittings, including a copper Vola tap and a bar fridge.
    • Adjacent wet kitchen with Miele induction hobs, Molteni&C Dada cabinets, and top-notch appliances.
    • Separate dry and wet kitchen spaces, providing versatility.
  • Yard, Store, and Backdoor:
    • Yard area with a washer and dryer by Miele but lacks natural ventilation.
    • Store (3.9 sqm) and w/c (2.4 sqm) with murphy bed style, potentially for helper use.
    • Two refuse chutes and backdoor leading to common lift lobby provide alternative exits.
  • Ensuite Bedrooms with Views:
    • All bedrooms come with ensuite bathrooms and views of communal planters.
    • Engineered timber floors, ducted air conditioning, and Molteni&C wardrobes standard in all bedrooms.
  • Master Bedroom Retreat:
    • Bedroom 4 offers added privacy, suitable for multi-generational living.
    • Master Bedroom, the highlight of the unit, spacious at 37.4 sqm.
    • U-shaped walk-in wardrobe with smoke glass metal finish by Molteni&C.
  • Master Bathroom Luxuries:
    • Master Bath, 13.3 sqm, showcases opulence with extensive marble finishings.
    • Separate stalls for w/c, rain shower, and bathtub, overlooking planters.
    • His and hers taps by Danish brand Vola and premium sanitary wares by Laufen.
  • Nature-Inspired Balcony:
    • Private balcony off the Master Bedroom surrounded by communal planters for a garden-in-the-sky feel.
    • Circular balcony with ample space for chairs and enjoying the view.
  • Premium Fittings Throughout:
    • Throughout the unit, premium fittings from Danish firm Vola and Swiss brand Laufen, ensuring luxury and quality.
    • Emphasis on top-notch materials, curated marble, and renowned brands for a high-end living experience.

Park Nova Location – Review

  • Thomson-East Coast Line Connectivity:
    • Upcoming Thomson-East Coast Line enhances connectivity for Park Nova residents.
    • Stations set to be completed between 2022-2023, including Orchard Boulevard, a prestigious station.
    • Orchard Boulevard MRT just 280m away, a convenient 3-minute walk.
  • Proximity to Orchard Road and Shopping:
    • Wheelock Place, marking the start of Orchard Road, is 550m or a 7-minute walk from Park Nova.
    • Central location provides numerous shopping options.
    • Access to Orchard MRT for the North South Line is either 1 stop away or a leisurely 9-minute stroll (700m).
  • Tomlinson Road for the Well-Heeled:
    • Tomlinson Road, known for its affluent reputation, is a prominent feature of the location.
  • Primary School Options:
    • Lack of primary school options within the 1km radius.
    • Nearby schools within the 2km range, though walking distances may slightly exceed 2km.
    • Local buyers may consider enrolling children in international schools or explore alumni links for local primary school placement.

Nearest MRT: Orchard Boulevard MRT (280m, 3 mins), Orchard (700m, 9 mins)

Public Transport:

  • Bus Station Buses Serviced Distance From Condo (& Est. Walking Time)
    • Bef Tomlinson Rd: 7, 77, 105, 106, 111, 123, 132, 174, 174e, NR8 – 110m, 2 mins
      • Stop ID: 09121
    • The Regent Singapore: 36 – 160m, 2 mins
      • Stop ID: 09191

Schools:

  • School Distance From Condo (& Est. Walking Time)
    • Alexandra Primary School: 2.8km, 23 mins
    • ACS (Junior): 2.4km, 30 mins
    • ACS Primary: 2.8km, 35 mins
    • River Valley Primary School: 2.3km, 29 mins
    • SCGS Primary / Secondary: 2.6km, 33 mins
    • Chatsworth International School: 1.7km, 22 mins

Retail Outlets:

  • Mall Distance From Condo (& Est. Walking Time)
    • Start of Orchard Road Shopping Belt: 550m, 7 mins

Private Transport:

  • Key Destinations Distance From Condo (Average Time at Peak Hour [0830] Drive Time)
    • CBD (Raffles Place): 5.2km, 16 mins
    • Orchard Road: 1km, 2 mins
    • Suntec City: 4.5km, 16 mins
    • Changi Airport: 22km, 27 mins
    • Tuas Port (By 2040): 40.1km, 50 mins
    • Paya Lebar Quarters/Airbase (By 2030): 11.6km, 22 mins
    • Mediapolis (and surroundings): 6.2km, 14 mins
    • Mapletree Business City: 6.6km, 24 mins
    • Tuas Checkpoint: 25.8km, 34 mins
    • Woodlands Checkpoint: 19.1km, 27 mins
    • Jurong Cluster (JCube): 15.3km, 28 mins
    • Woodlands Cluster (Causeway Point): 19.7km, 30 mins
    • HarbourFront Cluster (Vivo City): 6.2km, 19 mins
    • Punggol Cluster (Waterway Point): 19.7km, 29 mins

Unit Type Size No. of Units

  • 2 Bedroom + Study 1,432 sqft 17
  • 3 Bedroom + Study 2,207 sqft 17
  • 4 Bedroom 2,895 – 2,906 sqft 17
  • Penthouses 3,229 – 5,899 sqft 3
  • Simplicity in Layouts:
    • Park Nova opts for simplicity in unit layouts, with only one stack for 2 Bedroom, 3 Bedroom, and 4 Bedroom units.
    • The focus is on generous unit sizes rather than complex layouts.
  • Targeted Buyer Profile:
    • Catering to ultra-high net worth individuals from abroad.
    • Larger floor plates designed for buyers accustomed to spacious living.
  • Unit Size Considerations:
    • Personal opinion suggests a missed opportunity with 2 bedroom units.
    • Proposes that at these price points, buyers might lean towards 3 bedroom units or larger for added space.
  • Luxury Unit Characteristics:
    • All stacks designed with a single loading layout, ensuring windows surround the unit and no shared walls with neighboring units.
    • Every unit equipped with a dedicated private lift, aligning with the development’s premium pricing.

Developer Overview

 Shun Tak:

  • Established presence in Hong Kong and Macau, listed on the HKSE since 1973.
  • Diversified interests include property, transportation, hospitality, and general investments.
  • Founder Stanley Ho gained prominence and wealth through a casino industry monopoly in Macau until 2002.
  • Ventured into property development, with past projects such as Nova Grand and Nova Park in Macau.
  • Entered the Singapore market with notable land acquisitions since 2016, including Park Nova at 18 Tomlinson Road.

Development Portfolio:

  • Purchased three significant land plots in Singapore, including 9 Cuscaden Road, 18 Tomlinson Road (Park Nova), and 14 Nassim Road (Les Maisons Nassim).
  • Each land acquisition set records for purchase prices.
  • Park Nova, launched in April 2021, marks Shun Tak’s inaugural development in Singapore, with Les Maisons Nassim being the second.

Architectural Firm – PLP Architecture:

  • London-based architectural firm established in 2009.
  • Founded by former President, Senior Partner, and Partners from Kohn Pedersen Fox.
  • Extensive global portfolio with over 500 projects, spanning office, residential, education, and civic and cultural use.
  • Notable projects include 22 Bishopsgate, One Bishopsgate Plaza/Pan Pacific London, Sky Central, Chiltern Place, and the Four Seasons Hotel Abu Dhabi at Al Maryah Island.

Price Review

When evaluating Park Nova, it’s inevitable to draw comparisons with its neighboring developments. So, let’s examine how it measures up!

Development Units Psf TOP Tenure Price Gap

  • Park Nova 54 $5,000 2023 Freehold
  • Boulevard 88 154 $3,714 2023 Freehold +35%
  • Cuscaden Reserve 192 $3,539 2022 99 Years +41%
  • 3 Cuscaden 96 $4,042 2022 Freehold +24%
  • New Futura 124 $4.022 2017 Freehold +24%
  • 3 Orchard-By-The-Park  77 $3,433 2017 Freehold +46%
  • Nouvel 18 156 $3,158 2017 Freehold +58%
  • Tomlinson Heights 70 $3,268 2014 Freehold +53%
  • Cuscaden Residences  286 $2,326 2002 Freehold +115%
  • The Tomlinson 29 $2,280 2002 Freehold +119%
  • Four Seasons Park 358 $2,881 1994 Freehold +74%
  • Park Nova’s pricing is exceptionally high, reflecting its record en-bloc price ($2,910 psf) and focus on the ultra-luxury market.
  • In comparison to new launch peers like Boulevard 88, Cuscaden Reserve, and 3 Cuscaden, Park Nova is at least 24% more expensive.
  • 3 Cuscaden, despite having smaller units, is 24% more expensive than Park Nova, showcasing the latter’s premium pricing in the market.
  • Boulevard 88, considered the closest rival, has a larger land plot and similar unit sizes, yet Park Nova commands a 35% premium, emphasizing its opulence.
  • When compared to resale condos in the vicinity, Park Nova’s premium varies, ranging from 46% lower than 3 Orchard-By-The-Park to more than double that of Cuscaden Residences and The Tomlinson.
  • Four Seasons Park, the oldest project in the area, has a higher psf than some newer ones, likely attributed to extensive facilities and better floor plates.
  • Park Nova caters to a niche market seeking ultimate exclusivity and appreciation for greenery, appealing to buyers less price-conscious and more focused on project aesthetics.
  • In the ultra-luxury segment, where investment mindset is less critical, Park Nova stands out as a consideration for buyers valuing exclusivity and aesthetic appeal.

Our Take

  • Park Nova is positioned as a collector’s item, comparable to prestigious projects like The Marq on Paterson Hill and Le Nouvel Ardmore.
  • The project’s exclusivity is highlighted by the high prices, creating a natural barrier to entry and catering exclusively to those for whom cost is not a limiting factor.
  • Park Nova aims to be an exclusive, low-density development with a biophilic design, offering residents a “garden in the sky” experience.
  • The emphasis on quality is evident in the branded kitchens, wardrobes, and bathroom fittings, aligning with the target clientele of sophisticated buyers.
  • Shun Tak, the developer, sets a high standard for ultra-luxury projects in Singapore, showcasing a deep understanding of luxury living.
  • With an average price of $5,000 psf, ownership at Park Nova is considered a privilege, attracting sophisticated investors with an appreciation for nature, the Orchard Boulevard location, and an unlimited budget.

Park Nova Developer

Shun Tak Holdings Ltd

Shun Tak Holdings, a prominent corporation listed on the Hong Kong stock exchange, is a key player in the Macau market. Their diverse business portfolio spans real estate, hospitality, transportation, and investments, built upon over six decades of experience. Renowned for their commitment to quality, they’ve successfully developed high-end projects in Macau, China, and Hong Kong. Expanding rapidly into major cities in Mainland China, such as Shanghai, Tianjin, Kunming, and Zhuhai, the company has several significant developments underway. In 2016, they ventured into Singapore’s ultra-prime property market, revamping properties like Triple One Somerset and converting Nine Cuscaden Road into a luxury hotel. Shun Tak Holdings’ involvement extends beyond residential buildings to include commercial developments like Artyzen Habitat, Mandarin Oriental Macau, and Macau Tower. Their inaugural luxurious residential project in Singapore is Park Nova.

Shun Tak Holdings encompasses firms and real estate investment trusts involved in owning, developing, and managing various assets in China, Hong Kong, Macau, and Singapore. They’re recognized for their talent, experience, and substantial presence in the major cities across these regions. Their commitment to Environmental, Social, and Governance (ESG) standards has earned them accolades at the BDO ESG Awards, where they were honored for their contributions to the environment, society, and governance in both 2019 and 2021, including receiving the Best in ESG Award.

Years of Experience: 20 years of experience in property development and sales

Number of Completed Projects: Various industrial, commercial and residential projects (2 – residential products in Singapore)

Types of Projects Undertaken: Residential, industrial and hospitality projects

Average Project Size: Smaller and larger projects

Geographic Area of Operations: Singapore, Hongkong

Financial Stability Rating: 5 Rank

Collaboration with Architects: PLP Architecture for Park Nova

Awards and Recognition: Crisis Management Award, New Bund 31 receives multiple awards

Quality Assurance Certifications: Quality management certificate ISO 9001 by the HKQAA

Community Involvement: Donation, charitable service, fund raising, sponsorship, employee volunteering

Park Nova showflat

District: 10

Units: 54

Property type: Condo / Non-Landed Residential

Tenure: Freehold

Park Nova in Singapore Showflat Location

Explore How We Maximise The Living Pleasure Of Your Home

Park Nova Showflat Address: 21 Orchard Blvd Singapore

Thinking of visiting the Park Nova Showflat (Sales Gallery) to find out the quality of the finishes, appliances provided, craftsmanship and layout planning? Yes, the best way to find out more about this development, to familiarise yourselves with the actual condo location, is to arrange a SHOWROOM VIEWING with us.

Let’s be here to physically see, touch and feel the layout, the furnishing, the environment and more. You wouldn’t want to miss out on your choice units.

Pricing of Park Nova

Sale Price: S$ 5,000,000 ~ S$ 13,500,000

Price per Square Foot: S$ 3,492 – S$ 4,646

Pricing Tiers: 2+1 BR, 3+1 BR, 4 BR, 4+1 BR, 5+1 BR, Penthouse

Discounts and Offers: Contact Us

Payment Plan Options: Normal Progressive Payment Scheme

  • Upon Issue of Option to Purchase (OTP): 5% of the purchase price.
  • Upon signing Agreement / within 8 weeks immediately after the date of Option: 20% (less the 5% booking fee).
  • Upon Completion of Foundation Work: 10%.
  • Upon Completion of Reinforced Concrete Framework: 10%.
  • Upon Completion of Partition Walls: 5%.
  • Upon Completion of Roofing: 5%.
  • Upon Completion of Door sub-frames / door frames, window frames, electrical wiring (without fittings), internal plastering, and plumbing: 5%.
  • Upon Completion Car park, roads, and drains serving the housing project: 5%.
  • Upon Completion Building, roads, and drainage and sewerage works in the housing estate, connection of water, electricity, and gas supplies (Temporary Occupation Permit stage): 25%.-Final Payment Date and/or Completion: 15%.

Historical Price Trends: S$ 3,213 – S$ 5,838

Price Comparisons with Similar Units: Boulevard 88 $3,714 Cuscaden Reserve $3,539 3 Cuscaden $4,042 New Futura $4,022 3 Orchard-By-The-Park $3,433

Maintenance Fee Inclusion: Paid on monthly basis – TBA

Deposit Required: 25% : 5% paid in cash and 2% paid in cash or CPF

Project Completion Stage Impact: N/A

Furnishing and Interior Design Cost: Furnished: +$50,000, Unfurnished: Base price

Tax and Legal Fees: N/A

Dining and Shopping Options: Multiple dining options nearby, Luxury shopping mall

Summary

Park Nova Price

No. of Rooms Sqft Stack Price Min. Price Max.

2 Bedroom + Study 1432 sqft 2 $5,800,000 $5,800,000

3 Bedroom + Study 2207 sqft 3 FULLY SOLD FULLY SOLD

4 Bedroom 2895-2906 sqft 1 FULLY SOLD FULLY SOLD

Site Plan of Park Nova

Total Land Area: 11,988 sqm

Number of Residential Units: 54

Building Height: 100 m (382 ft )

Unit Size Range: 1432 – 5899

Parking Lot Availability: 57

Landscape Design: ICN Design International Pte Ltd

Project Details of Park Nova

General Project Description

1 Tower of 20 storey with 54 residential apartments with concierge service, basement car park, swimming pool, and communal facilities. All units come with private lifts and dedicated residential lobbies.

Address: 18 Tomlinson Road Singapore 247858

District: 10

Tenure: Freehold

Mukim Lot No.: 99712X and 99713L TS 25 Nassim Road

Project Account: 003-700143-0 DBS Bank Ltd

Design Architect / Project Architect: PLP Architecture International Limited / P&T Consultants Pte Ltd

Landscape Architect: ICN Design International Pte Ltd

Main Contractor: China Construction Realty Co. Pte Ltd

Structural Engineer: P&T Consultants Pte Ltd

M&E Consultants: J Roger Preston ( S ) Pte Ltd

No. of Units: 54

Site Area: Approx 4,281.40 sqm / 46,085 sqft

Plot Ratio: 3.27

Development Heights / Storey: 100 m (382 ft )

No. of Car Park Lots: 57

Amenities of Park Nova

Swimming Pool – Fun Pool, Lap Pool, Pool Deck

Indoor Gymnasium – Available

Security – 24 Hour Security Post, CCTV and Access Card

Parking – 57 Car parking space available

Garden and Landscaping – Lush vertical garden, copious outdoor space, abundant natural light, verdant communal planters

Children’s Play Area – Available

BBQ – Available

Function Rooms/lawns – Available

Spa and Wellness Center – Two swimming pools, a Jacuzzi, a hot spa

Pet-Friendly Features – Condo is pet friendly

Accessibility Features – Private lift and lobby lift available for residents

Concierge Services – Available for various needs

Connectivity (Wi-Fi) – Available

Eco-Friendly Features – Planters: Placed on every floor / Lush Vegetation: Balcony greenery / Ambient Temperature Regulation: Natural cooling effect / Green Barriers: Noise and air pollution mitigation

Retail Outlets – 10 Supermarket within 5 km

Recreational Clubs – Sky Lounge, Lounge, Jacuzzi

Maintenance Services – Available – 2+ Study $ 2,450 /mth, 3+ Study $ 3,150 /mth, 4 Bedroom $ 3,500 /mth

Playground – Playground and children playground is available

Gym – Gym facilities available

Location of Park Nova

Park Nova Location

Park Nova enjoys convenient access from nearby MRT stations including Orchard MRT, Newton MRT, Dhoby Ghaut MRT, and Redhill MRT, ensuring excellent connectivity to Singapore’s extensive train network.

Although a 9-minute walk is required to reach the closest Orchard MRT station, the forthcoming Orchard Boulevard MRT station along the Thomson-East Coast Line will significantly reduce travel time. By 2021, Park Nova residents will only need to walk less than 300 meters to catch a train!

City/Area: Singapore

Neighborhood: Orchard

Proximity to City Center: Within 10 minutes walk – Orchard MRT, Orchard Blvd

Public Transportation Access: 5 MRT station within 5 km, buses available

Nearby Schools: 10 schools within 5 km

Local Crime Rate: Low

Proximity to Commercial Areas: 3 Supermarkets with 5 minutes distance

Nearby Parks and Recreation: 3 Public parks within 5 minutes of walking distance

Air Quality Index: Moderate

Noise Pollution Level: Moderate

Proximity to Hospitals: 10 Health care clinics within 5 km

View from the Property: Nature and City view

Local Property Market Trends: Rapidly growing, stable, declining

Climate and Weather Patterns: Tropical

Cultural Amenities: Near museums, theaters, art galleries

Dining and Shopping Options: Multiple dining options nearby, Luxury shopping mall

Historical Significance: N/A

Environmental Regulations: N/A

Districts

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