Provence Residence sold 52% on Launch Day!
For a sneak peek on the upcoming launch day price list for Provence Residence, check out this link:
|Land Location||Successful Sale Price||Per Sq Ft Per Plot Ratio||Gross Floor Area|
|Canberra Link||$233,890,000||$566||38,387 square metres/ 413,197 square feet|
The breakeven price for the Provence Residence Land Plot is at estimated at $963 psf.
With about a 15% margin, launch price is estimated to average at $1107psf.
|Unit||Type||Area (sqft)||No. of Units||Approx. Price|
|S/N||Tenderer||Tender Bid ($)|
|1||MCC Land (Singapore) Pte Ltd||$233,890,000|
|2||CDL Constellation Pte. Ltd. and TID|
Residential Pte. Ltd.
|3||Hoi Hup Realty Pte Ltd and Sunway|
Developments Pte Ltd
|4||Sim Lian Land Pte Ltd||$218,000,000|
|5||CNQC Realty (Treasure) Investment Pte Ltd|
and Evia USB Real Estate Pte. Ltd.
|6||Sing Development (Private) Limited and|
Wee Hur Development Pte Ltd
|7||Master Contract Services Pte Ltd||$192,000,000|
|8||JBE Development Pte Ltd||$178,006,000|
|Nearby Properties||Highest Transacted Selling Price (PSF) for the past 12 months||Completion|
|1 Canberra (EC)||$954||2015|
|Parc Canberra||$1,166||Under Construction, Est. TOP Sep 2023|
|Kandis Residence||$1.392||Under Construction, Est. TOP Apr 2021|
Provence Residence EC is the highly anticipated new executive condominium launch of 2021, with a tenure 99 years leasehold, located in the upcoming Canberra area in District 27. The Provence Residence EC site is located along Canberra Link and Canberra Walk, very close to Canberra MRT station, a real estate trait that is rare and highly in demand, and following the successful launch of Parc Canberra EC, is expected to be oversubscribed.
As the old adage goes, buying a property is all about location, and Provence Residence's location is an excellent one.
Provence Residence is brought to you by developer MCC Land Pte Ltd and it enjoys a strategic location, situated along Canberra Link, a mere 450m away from Canberra MRT Station, part of the North South line which provides residents convenient access to other parts of Singapore, including the Central Business District CBD. Check out the Provence Residence location map for more details. The land plot was purchased for $566 per land plot per plot ratio.
The development boasts 413 units from 3 bedroom (Type C1 to C7) to 4 bedroom units (Type D1 and D2), over 9 blocks and a multitude of facilities (including swimming pool) for residents for a comfortable standard of living. There are 5 blocks of 13 storeys and 4 blocks of 11 storeys. Provence Residence will cover a site area of 179,651 sqft, in a land plot with plot ratio 2.3. Expected TOP date is April 2026. See the site plan for more details. There will be 418 car park lots.
All residential units will be decked out in porcelain tiles and laminated timbre flooring in bedrooms.
MCC Land (Singapore) Pte Ltd is under MCC Group in Singapore, a subsidiary of the Fortune 500 company Metallurgy Corporation of China Ltd. A number of residential projects developed by MCC Land have won accolades.
The location of Provence Residence provides a lot of conveniences. The upcoming Bukit Canberra, a sprawling 12 hectare space, is located just opposite the road, within the Sembawang planning area. It will have the largest ActiveSG gym, an indoor and outdoor sports facilities, senior care centre, and a large hawker centre, which will provide the residents of Provence Residence a place to enjoy community activities and a great place for the family to hang out.
There is no lack of food options, shopping malls, amenities and enrichment centres in the area, and these include Canberra Plaza a mere 450m walking distance away, Sun Plaza at Sembawang MRT Station, Sembawang Shopping Centre nearby and the upcoming Chong Pang City which is but a short drive from Provence Residence.
The Provence Residence showflat will be located at 491 Admiralty Link.
As per the Master Plan, there are several key transformations happening in the Sembawang planning area. First of which is Bukit Canberra, and also the North South Corridor (north south expressway), which is Singapore's 11th expressway and spans 21.5km, from Admiralty Road West to East Coast Parkway. There will be dedicated bus lanes and cycling lanes.
For residents of Provence Residence Executive Condo who enjoy green spaces, there is the Sembawang Hot Spring park a mere 5mins drive away, Sembawang Park along the coast, and Yishun neighbourhood park.
There are several schools in the area, including Endeavour Primary School, Sembawang Primary School, Wellington Primary School, Canberra Primary School, Canberra Secondary School, Ahmad Ibrahim Primary School, Sembawang Secondary School.
Provence Residence Executive Condo comes right after the very successful launch of Parc Canberra EC, and will be another sellout project owing to its excellent location.
Provence Residence EC will be launching end March/early April.
For any queries, more information or floor plan, Provence Residence price list and latest updates, please feel free to contact us with our contact form, email or phone number, or register your interest early to get direct developer price.
Get a copy of the eBrochure to review the site plan and floor plans.
Registering early with our developer sales team will also ensure that you will be able to book an appointment to view the project.