facebookI have shortlisted Parc Komo (Changi) and Parc Central (Tampines). Which one would make a better investment and place to stay? - Seedly

Anonymous

01 Dec 2020

SeedlyAMA

I have shortlisted Parc Komo (Changi) and Parc Central (Tampines). Which one would make a better investment and place to stay?

I would like to buy a matrimonial home with my partner. Thank you!

AMA Stacked Homes

Discussion (2)

What are your thoughts?

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Hi, not sure if you have already settled with an EC in the east. If not, maybe you will be keen to explore more about North Gaia which is an executive condo in Yishun Central.

You can find out more information about North Gaia here:
https://northgaia.officialshowflat.com.sg/

Ryan Ong

27 Nov 2020

Partner at Stacked Homes

Hey thanks for your question!

It’s hard to say which would be a better investment given Parc Central’s pricing and other details aren’t out yet, however, we do think that if it’s for investment purposes, Parc Central should do better given it is subsidised and ECs have a history of providing capital gains.

However, we noted that the land price for Parc Central EC was $578 psf ppr. For comprison, The Tapestry was only $565 psf ppr. This means the land price for this EC is higher than the land price for condo.

At the same time, they’d need to launch below Tapestry’s price of $1,050 - $1,100 psf, so the developers may have to build very small units which could affect your quality of life when it comes to own stay.

Ultimately this would depend on the launch and as of this, that is still speculative.

Parc Komo has a nice living ambience and it’s freehold unlike Parc Central, so if you’re looking at long-term investment, it’s relatively safe. You can also find our full review of it here.

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