Estimated 500 Units at Tengah Plantation Loop EC

Estimated 500 Units for Sale at Tengah Plantation Loop EC

Interested buyers will be happy to hear that an estimated 500 units are being offered for sale at Tengah Plantation Loop EC. This development is expected to be completed in about six months. It is a project that aims to provide residential units for the people living in Bukit Batok. In addition, the development will also feature a swimming pool, fitness centre and a clubhouse.

Bukit Batok EC Tender

Located in Bukit Batok, Tengah Plantation Loop EC will be a new residential project with 500 units. The project is expected to be launched in August of this year. The maximum GFA of the property will be 37,348 square meters.

The new EC is expected to be one of the hot properties when it launches. Tengah Town is a prime location, close to major business districts and the Jurong Innovation District. It is also a very popular shopping hub. It is close to Jurong East Shopping Centre and Pasir Ris MRT station. It is also near to Dulwich College, Swiss Cottage Secondary School and Millennia Institute.

Tengah Plantation Loop EC is one of the highly sought after condos in the area. It is right next to the Pan Island Expressway and is a short walk away from Bukit Batok West MRT station. It also has a comprehensive green program and smart town planning features.

Tengah Plantation Loop EC will be surrounded by nature and will also include a five-kilometer forest corridor. Residents will also be able to enjoy a wide range of recreational facilities. The development will also feature dedicated cycle and walking routes. It will also include a central park.

Tengah EC is ideal for families. It is close to schools and other amenities that will make your daily life easier. You will save time and effort by not having to travel to schools and shops. This will also allow your children to enjoy more productive activities without having to be involved in traffic jams.

Location of Bukit Batok EC in Singapore

Located in the Bukit Batok region, Bukit Batok EC is a new 99-year leasehold development. The development will offer 375 residential units within a site area of 12,449.3 square metres (GFA). The project will be in the Bukit Batok Hillside Park area, near to the Pan Island Expressway and Bukit Batok MRT station.

Bukit Batok EC will be near to shopping complexes, schools, commercial hubs and other amenities. It will also feature a community club, a library, an elderly care facility and park connectors to improve the streetscape.

Bukit Batok EC is also near the Jurong Region Line, which will offer improved connectivity to western Singapore. It will also be close to the Pan Island Expressway, which will connect Singapore to other parts of the island. The project will be ideal for families and young professionals looking for an exclusive residential development.

Bukit Batok EC is one of the newest development projects in the Bukit Batok town area. The project is expected to be completed by December 2021. It will be one of the first residential projects in the western part of the town area. The development is also close to the Bukit Batok MRT station, which will give residents easy access to the city.

Expected completion date of Bukit Batok EC

ECs are a type of housing that are less expensive than private condos. They are popular with first-time home buyers and HDB upgraders. They are also less subject to cooling measures. They are also exempt from wealth taxes, which are levied on home buyers. They tend to appeal to both HDB and private developers.

The Bukit Batok EC is a hybrid of public and private developments. It is located in the Jurong East district, a regional growth area. It is close to popular employment nodes and a hawker centre. It has public transport links and playgrounds. It has a beautiful landscape design. It also includes shared communal facilities.

The EC site is located near a future residential development. It is also close to Bukit Batok MRT station and a shopping centre. There will also be a bus bay and a two-metre wide cycling path. The site will also feature shelters and a 1.5-metre wide footpath. It will also include green features and smart technologies.

The EC site is also located close to a secondary school. This school is approximately two km away from the EC site. There will also be medical facilities and a sports hub.

There are nine developers involved in the Bukit Batok EC. These include Santarli Construction, Qingjian Realty, Intrepid Investments Pte. Ltd., City Developments and MCL Land. They are planning to build 375 units on the 12-acre plot.

Investors Upbeat About HDB Executive Condominium Demand

The current property market in Singapore has become extremely hot, with property prices reaching all-time highs. In fact, HDB flat resale prices have been increasing for 23 consecutive months. Moreover, the Pasir Ris estate has recently witnessed the sale of its first million-dollar flat.

Prices of HDB Executive Condominiums have been on the rise in recent years. However, resale prices have not kept pace with the prices of newly built ECs. HDB prices are based on median house prices, while private condo prices take into account new launches as well as resale prices.

Although it is difficult to predict the exact price of an HDB executive condominium, median listing prices are generally around the same. However, it is important to keep in mind that there are outliers, which positively or negatively affect the average. The median for HDB flats is roughly seven to fourteen percent lower than the average listing price.

HDB flats are cheaper than ECs, which is one reason why many young couples prefer them. But if you are considering upgrading from HDB to an EC, it is important to plan carefully and understand your financial situation. This is because the upgrade is a more substantial leap than from HDB to private. You may want to consider upgrading your property during your mid-thirties or early forties, as you can stretch your next loan tenure to that age. It is also advisable to consult with a real estate professional if you are unsure about the steps involved.

If you are considering purchasing an executive condominium in Singapore, you should be aware of the waiting time. Most of these apartments are government-subsidised, and you should be aware of the requirements for buying them. The main criteria are: gross monthly income below $14,000, housing status, and citizenship. Generally, the waiting time from ballot to getting the keys to your new EC is around four to five years.

After the application process ends, you will receive a letter from the developer that will notify you of your approval. This letter will contain details on how to proceed with the process. After you have received the letter, you must sign the Sales and Purchase Agreement and make the required payment. This can be done with your CPF monies or with cash. You can pay the remaining 75% of the EC cost with cash or a bank loan.

As mentioned above, the government is taking measures to cool the housing market, which may include raising the interest floor. These measures are meant to control the escalation of prices in the HDB resale market. It may also introduce a waiting period for resale HDB units.

If you’re considering investing in an HDB Executive Condominium, you can save on the cost of property development. This property development is government-subsidised and is ideal for first-time buyers with gross monthly incomes of $14,000 or less. There are certain requirements that must be met to be eligible for a government-subsidised property.

The HDB has launched a tender for the executive condominium site in Bukit Batok West Avenue 5, which will yield up to 495 residential units. The site is approximately 16,623.7 square metres and has a 99-year lease period. It is estimated that ten developers may bid for the site.

To be eligible for an EC, you must have a Singapore citizen or a permanent resident. You must also have at least one other Singapore resident living in your family nucleus. In addition, you must not own another property, a house or flat.