One of the first thing you’ll notice concerning Parc Komo is that it’s a low-rise project rising simply 5-storeys high– which is constantly mosting likely to be a natural consequence of living so near to Changi Flight terminal.
On the other hand, this additionally indicates that you would certainly often obtain a reduced density development– something that’ll be a tourist attraction to those who crave personal privacy.
So at 276 units with 201,877 square feet of land for Parc Komo, this leads to 731 square feet of land each. Comparison this to its closest brand-new launch competitor, Treasure at Tampines (648,889/ 2,206 = 294 sqft per unit) the distinction is as clear as night and day.
So while you can claim that a person of its greatest marketing points is its personal privacy and tranquility, that does come with the expense of benefit as well.
Let’s simply placed it around– Parc Komo is by no indicates a hassle-free place as for public transportation or amenities are concerned (I’ll reach that later). So to reduce that, the developers have consisted of over 28,000 square feet of business space, which is 28 units in overall.
However probably most crucially of all, these industrial rooms are except sale as well as will certainly be curated by the developer rather. This is especially crucial to make sure an ideal renter mix which it is an appealing place overall to get the needed footfall.
You can see those places with a free for all kind circumstance– nail hair salon, massage parlours, or a hardware shop– it’s rarely the most motivating area to go to, isn’t it?
Just take a look at a place like Northpoint City– admittedly, the range is incomparable yet it is a great example of what a good curated renter mix will certainly provide for a residential or commercial property.
What this reveals also is the commitment from the developer to make certain a high quality task. I mean, it would be way easier for them to simply market the commercial units as well as dirt their hands off from the job. However curating and sourcing for the best tenants takes time and effort. The advantages are evident– in an area that is sorely lacking facilities, having an area with an excellent mix of units would certainly be a significant destination and convenience to the citizens of Parc Komo.
If they can pull it off well, I believe it would be a significant increase. Consider the 2 closest neighbourhoods (Loyang East and Flora Drive territory), they are residence to lots of units– every one of which have little to no accessibility to features close by.
It does also occupy prominent frontage along Upper Changi Road North. In other words, these stores will certainly be a great for store proprietors to obtain their brands noticed by motorists passing.