Parksuites is a five-storey building comprising 119 apartments and 22 retail units located on Holland Grove Road in the District 10 area of prime. Far East Organization did more than just develop the project. 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 be integrated into Park seamlessly. The result is a cozy environment that is a perfect match for the land-based housing estates of 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 project has a postmodern industrial appearance, and the apartments are equipped with semi-outdoor areas such as terraces and balconies that capitalize on the views of the park surrounding. Screens with perforations on the balcony provide shading and privacy. Residents are able to take advantage of the tranquil and green environment as an extension of their own home.
The project is located on land that is 101,023 square feet with the lease running for 110 years from 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, comprise an additional 38 units. Dual-key units are composed of three-bedders and two-bedders with sizes ranging from 1,098 to 1,475 square feet and are located situated on four floors. There are five triplex units that 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. The units were designed to be flexible and functional as per the developer.
The 22 commercial stores located on the ground floor offer convenience to residents of Parksuites and the areas around. There are F&B options, clinics educational centres, and a supermarket.
“The project was well-thought out regarding its layout and design of the units” states Yvonne Tan, director of DP Green and one of the judges this year. “The Retail cluster is well designed, and there are all the facilities you could need there which include a doctor veterinarian and dentist.”
The integration of parksuites’ facilities Parksuites together with the park for the public was another move that was a hit with judges, says Tan.
Despite its openness to the park for public use in front of the building, Parksuites has maintained its exclusivity, according to Sky Seah, academic director and senior lecturer at the NUS School of Real Estate and a member of the jury this year.
Seah states that the retail options available in Parksuites are also a benefit to residents and the surrounding community. “It is a great addition to the neighbourhood and helps make it more lively.”
The development is located close in proximity to Holland Village, Rochester Park, Dempsey Hill, as well as The Orchard Road shopping district. Other services are 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 on the second floor was sold for $1.91 million ($2,434 per sq ft) during May.