The Tengah Garden Walk EC is a new project that has many advantages for homebuyers. Located in the heart of Tengah’s Garden district, this project is not only cheaper than most other ECs but it is also self-contained. As such, you will be able to enjoy the prestige and comfort of condominium living without breaking the bank. In addition, you can also benefit from the Deferred Payment Scheme, a new financing option for new ECs, which means that you can pay less upfront and still enjoy the capital gains you’d receive when selling your unit.
A new EC is a townhouse scheme, and Tengah Garden Walk EC is one of them. While these townhouses do not qualify as condominiums, they still have a minimum occupancy period of five years, like other HDB schemes. Tengah EC offers fully furnished units and a modern building, as well as a swimming pool and balconies overlooking lush greenery.
The EC is located within a short drive from the Central Business District (CBD). It is about 30 minutes from the Jurong Lake District, which is Singapore’s second largest CBD outside of the city centre. The EC is also close to several proposed business developments by Taurus Properties. This makes it an excellent choice for families with young children who want a convenient location and proximity to the amenities of the CBD.
The EC will be well connected to the nearby Tengah Town, which has many amenities and sports hubs. The EC will also be connected to the other parts of the town via public transport. The EC is near the upcoming Tengah MRT Station, which will allow residents to use their green modes of transportation whenever they need to. The new EC is situated in an eco-friendly district, which means it will contribute to a clean environment for its residents.
The Tengah EC is expected to be the first executive condominium in the region, with 615 units. The developer is City Developments Limited (CDL), with joint venture partner MC Land. The EC will consist of twelve blocks with fourteen-storey buildings. The buildings are expected to achieve BCA Green Mark GoldPLUS certification. The development will also be near three Jurong Region Line MRT stations and Tengah Town Centre. The project’s location is ideal for a commute to Orchard Road and the CBD.
The latest announcement of the completion of the Tengah Garden Walk EC shows that the developer is committed to delivering luxury units to the local market. It is the first EC in the new “forest town” of Tengah. It will feature sustainable practices, smart energy management, and ready provision for electric vehicles. The developer, CSC Land Group, and MCL Land Taurus Properties SG, are marketing Tengah Garden Walk EC as a joint venture. It has a sales price of $603 psf ppr.
The location is enviable, as the EC is near the Jurong Lake District, Tuas Port, and the Jurong Innovative District. The area is also located near several government initiatives and major areas in Singapore. Residents of the EC will enjoy the convenience of being close to all the amenities that the area has to offer. This location will be a great place for those who want to live close to the city while still enjoying the quieter and more peaceful lifestyle of Tengah.
The EC is located in a planned town centre that will be connected to the Jurong Region Line MRT station. Residents will enjoy car-free zones, parks, and a well-connected, sustainable community. The EC will also be near future educational institutions. The area has all the amenities and services a resident would want. The EC is expected to be completed in 2016.
The Copen Grand EC is a development that will offer 620 residences in the heart of the Garden district. It is a mixed-use development that will be close to the CBD and several educational institutions. The development will also have an underground road that will connect all five districts. Tengah EC will have lush landscaping and wooded courtyards.
Aside from its prime location, the Copen Grand EC will be eco-conscious and incorporate green technologies. It will be built in a lush, green setting and be part of the Tengah Town master plan. If all of these projects are approved, Tengah will become the first eco-friendly town in the west. This is a great addition to resale flats and will foster a sense of community among residents. The Copen Grand EC will also foster a sense of environmental responsibility, a feeling that carries over to other aspects of life.
If you love to shop, you will find numerous outlets and stores within easy reach of Tengah EC. This shopping center also has several restaurants and gift shops that will satisfy any taste. Whether you want a meal or a drink with your friends, the EC is the perfect location to get your daily fix. If you are a collector, there is a lot of opportunity for you to collect new items and wares. If you’re just a homebody, you will be more than happy with the nearby shopping district and commercial activities.
The Tengah Executive Condominium is priced at less than half the price of other similar ECs. This is a huge bargain considering that the property is located at a prime location and is built on a premium site. The project has been awarded a TOP and offers a deferred payment scheme for buyers. Under this scheme, the buyers are required to pay just 20 percent down payment and the remaining 80% can be paid after the EC is ready for occupation. The Deferred Payment Scheme also makes it easier for EC buyers to manage their finances.
Another advantage of the Tengah Executive Condominium is that it is cheaper than most private condominiums. Buying an EC will give you the advantage of getting a grant to purchase the unit, which will significantly cut the costs associated with construction. Because ECs are built on government land, prices are often much lower than those of private condominiums. Also, these units qualify for the CPF housing grant and can be sold to foreigners after the 11th year.
Another advantage of Tengah Executive Condominium is its location. Most executive condos are located in the suburbs, which are a little bit outside of town centres. This means that they are not surrounded by prime land that has high land costs. In addition, the Tengah Executive Condominium is closer to the city center, making it cheaper than other ECs.
As a Singapore citizen or PR, you can sell your executive condo to a local Singapore citizen. The price of an EC will increase after 11 years. If you are looking to invest in a property, investing in an EC is a great way to make money. However, before buying your executive condominium, it is recommended to consider the investment value of your unit and the financial stability of the building.
While ECs are still the best investment for investors, there are still some downsides. Prices are generally cheaper in the prime locations of Singapore, and you may find it difficult to sell your unit if the prices go up. Tengah EC is more affordable than other ECs for this reason, but you should always make sure to shop around before making a decision.
ECs are a hybrid of private apartments and public housing. They combine the low cost of public housing with the comfort and luxury of a private condo. While ECs are designed to be similar to a regular condo, they offer more amenities and are less expensive than most mass-market condos. They were introduced to meet the housing needs of the sandwiched class – households with incomes that are higher than the ceiling for public housing.
The Tengah Executive Condominium is more affordable than most private condominiums. Prices are 15 to 20 percent lower than private condominiums. In addition, first-time buyers can take advantage of a CPF housing grant worth Marina Gardens Condo up to S$30,000 and can avail of a 75% loan to finance the purchase. The Tengah Executive Condominium is self-contained compared to other ECs launched in the past.
Tengah Executive Condominium is more affordable than other ECs. This type of EC is designed for families. You can buy an EC only if you are married and intend to live there for at least five years. In addition to being a lower entry price, ECs are typically better equipped and come with comparable finishings to private condos. They also offer the potential for higher returns than other types of condos. And because they are built on government land, the prices are often lower than new private condominiums.
Tengah Garden Walk EC is the first project in the neighbourhood. This will be an eco-town that is car-lite and surrounded by lush greenery. ECs in this area are expected to feature green sustainable features such as smart energy management, intelligent lighting, and centralised cooling systems. It will also have an in-house car park, which is a big plus when it comes to eco-friendly living.
Although the Tengah Executive Condominium is not self-contained compared to other ES, it is still a good option for upgrading HDB units. With the low price tag, it still provides an affordable alternative to HDB. Furthermore, the EC will also enjoy good capital appreciation after privatisation. However, many of the buyers are not aware of this fact.