Why This Freehold Mixed-Use Condo in the East Is Underperforming the Market

Parc Komo was one of the more under-the-radar launches of its day; at the time, it was marketed as one of the most competitively priced freehold projects in Singapore. More than that, Parc Komo was seen as the solution to a longstanding issue: it’s a mixed-use project that introduced key amenities, such as a supermarket and eateries, in an area that lacked such elements. Fast forward to today, however, and the performance of Parc Komo seems to be trailing. Here’s a deep dive into why that may be happening, and whether that may change:

And mixed-use developments don’t always follow the straightforward growth path buyers imagine, sometimes the surrounding area takes longer to mature than expected. If you’d like help understanding how these neighbourhood dynamics might affect your own plans, reach out here and we’ll link you with a trusted partner agent.

Let’s start with an overview of Parc Komo’s performance 

For context, let’s compare this performance to other 999-year/freehold condos across Singapore (as Parc Komo is freehold), as well as to other 999-year/freehold condos in District 17 (D17).