Parksuites makes money by combining a mixed-use property with a city park

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The Hillshore ebrochure

Parksuites is a five-storey building comprising 119 apartments and 22 retail units along Holland Grove Road in District 10’s prime area. Far East Organization did more than design the development; it started a design as well as a reconstruction for the parks, Henry Park which is in front of the development.

DP Architects has designed the project to blend into Park seamlessly. The result is a quaint environment that is a perfect match for the residential estates that are landed, such as Holland Grove and Mount Sinai. This project has been completed in the year, and was awarded the Design Excellence Award for a mixed-use development in the EdgeProp Singapore Excellence Awards 2023.

The Hillshore ebrochure ensures that people enjoy the best of both worlds—a hint of vintage combined with modern comforts.

The building has a post-modern industrial appearance, and the apartments have semi-outdoor spaces such as terraces and balconies that capitalize on the park views surrounding. Screens with perforations on the balcony provide shade and privacy. Residents are able to take advantage of the tranquil and green ambience as a part of their house.

The property is situated on land of 101,023 square feet with an agreement for a lease of 110 years beginning in 2017. The development offers a variety of types of homes. One-bedroom and one-bedroom-plus-study of 581 to 689 sq ft make up 38 units. Another 38 units comprise two-bedroom and two-bedroom-plus-study of 700 to 872 sq ft.

Double-storey double-key units, in the Soho style, are an additional 38 units. These dual-key units comprise composed of three and two-bedders with sizes ranging from 1,098 – 1,475 square feet and are located situated on four floors. There are five triplex units, which span the second and fourth floors. They are four-bedroom apartments with sizes ranging from 2,885 – 3,068 sq feet.

All units are equipped with high-end appliances fixtures and finishes as well as smart-home options for each unit. They have been built to function and be flexible according to the developer.

The 22 shops that are commercial located on the ground floor offer convenience to residents of Parksuites and the vicinity. There are F&B choices, clinics, educational centres, and a supermarket.

“The design was well thought-out regarding its design and the planning of the units” states Yvonne Tan, director of DP Green and one of the judges this year. “The shopping clusters were beautifully designed, and there are everything you need such as a doctor, a vet and a dentist.”

The integration of parksuites’ facilities Parksuites together with the park for the public was a decision that was a hit with judges, according to Tan.

Despite its openness to the park for public use in front of the building, Parksuites has maintained its exclusiveness, according to Sky Seah, academic director and senior lecturer at the NUS School of Real Estate and a member of this year’s panel.

Seah says that the retail options available offered at Parksuites are also a benefit for residents as well as the entire community. “It is a great addition to the neighbourhood and gives it a more vibrant feel.”

The development is located close the Holland Village, Rochester Park, Dempsey Hill, and The Orchard Road shopping district. Other services comprise Jelita Shopping Centre and Ghim Moh Market and Hawker Centre. Henry Park Primary School is just a short walk away, and Methodist Girls’ School, Anglo-Chinese School (Independent) and Raffles Girls’ Primary School are also close by.

Based on caveats lodged, the latest transaction at Parksuites was in late July, when a 786 sq ft, two-bedroom-plus-study unit on the third level was sold for $2.07 million ($2,471 psf). A similar-sized unit located on the second level was auctioned off for $1.91 million ($2,434 per sq ft) during May.

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