EC or BTO?

Buying any kind of residential property is probably the most expensive item in our life. Besides the primary needs of ‘Possessing a place called home’ , the two principal questions that probably in the rear of one’s mind are:
1. Should I purchase a BTO, EC or private condomimum unit?
2. Should I Buy an EC – The Criterion EC Now?
Below are my personal humble opinion. Read on and determine for yourself whether you share my ideas and is it the right time to think about purchasing one now.
1. Should I Buy a BTO, EC or Private Condominum?
First thing first, we need to examine the variables which could limit or determine your choice.
Eligibility. The eligibility conditions for BTO and EC are very similar but for the income amount qualification and family scheme. Combined SC singles above 35 years can choose an EC unit, while single SC above 35 years bringing in up to $5,000 per month can opt for a 2 room BTO unit in non-mature estate. If you’re a single below 35 years old, your option is simply limited to the private condominium or the resale marketplace. For private condominum, there’s no eligibility condition, it’s open to anyone that has got the means to buy.
Income Level. Next, your home alternatives may be restricted by the entire gross income. If your own monthly total household income is:
* below $10,000, all 3 options (BTO, EC, private condo) are open
* $10,000 – $12,000, you can just buy an EC or private condominium
* above $12,000, your only option is private condo.
Location. Purchasing property is principally about place plus it still holds true as the most crucial consideration. What is vital to folks when it comes to location varies from buyer to buyer. Some may take a look at surrounding conveniences for transportation and convenience, while for others being near to a table-topping school is very important. So if you prefer a particular place quite definitely, while it is a BTO or EC or private condo project, you’re prone to go for it (subject to your own above eligibilty and income level qualification).
I have collated the conveniences in some of the areas (Sengkang, Woodlands) where ECs in Singapore are found. Trust to cover all the places in the long run.
Budget. Another determining factor will be your budget. You must not overstretch yourself in purchasing a property. Your budget could also restrict your options (BTO, EC or Condo) and also the type of unit alternatives (1, 2, 3, 4 or 5 rooms).

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The Vales EC

With estimated end in Feb 2018, it stands 15 storeys tall and constitutes of 9 towers with about 517 units. It’s situated right beside a stone & Cheng Lim LRT Station throw away from Sengkang MRT Station. Future residents will probably be able to access the nearby Compass Point and Greenwich V which is a short drive away for some family fun and gatherings. A truly unique lifestyle awaits you.

The condo’s facilities provide full family entertainment needs for family members and your family. Indulge in a relaxing and tranquil lifestyle right in the center of Sengkang.

The Vales EC in Sengkang

Several buses are available near Anchorvale Street and Sengkang East Road. The Vales EC is also near to restaurants and many shopping centers. The Vales EC is also near Waterway Point, the shopping, dining and entertainment hub that is scheduled to open time. In addition, it’s right beside Punggol Waterfront. Amusement on your nearest and dearest and friends are consequently at your fingertips together with the full condominium facilities along with the conveniences near The Vales EC.

The Vales EC will not be inaccessible with Sengkang Bus Interchange too as Cheng Lim LRT Station & Sengkang MRT Station. It is also right beside Tampines Expressway(TPE). The Vales EC is also near to the forthcoming Seletar Mall as well as the communal facilities in the future Sengkang Community and General Hospital.

The Vales EC is also close top-notch schools such as Pei Hwa Secondary School, Nan Chiau High School, Nan Chiau Primary School.

The Vales EC Launch Date will probably be around soon and the showflat and floorplans are in progress.

Fernvale The Vales EC Anchorvale Crescent

A fantastic and unique lifestyle awaits you. Please see The Vales Executive Condominium job details and floor plans to learn more. Showflat accessible for viewing soon.

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Parc Life EC @ Sembawang

Parc Life EC consists of 11 residential blocks of 16 and 15 storeys towers. The unit types avaliable in Parc Life EC range to TBA bedrooms from TBA bedrooms. Parc Life EC is between the coming Skypark Residences EC along with Canberra Park. Other developments in the area contain Eight Courtyards, The Nautical, One Canberra, Canberra Homes, Yishun Emerald and Yishun Sapphire.

This property lot limit by Gambas Crescent, Sembawang Crescent and Sembawang Avenue, is place in North Region of Singapore, is recorded under the confirmed record of websites and is allocated to be developed into an Executive Condominium EC website.

Future residents of New EC can take a quick stroll to the station. When it comes to driving, New EC is about 24 minutes’ drive to the Central Business District (CBD). When in demand for a weekend shopping spree, the Orchard Shopping Belt is about 21 minutes’ drive away. The nearby Seletar Expressway (SLE) and the Bukit Timah Expressway (BKE) permit readily driving for future residents of New EC in regards to traveling to downtown or various portions of the isle.

New Parc Life EC future residents can only take a quick walk down next to the Sembawang MRT Station, only to Sun Plaza, supplying day-to-day needs from personal care shops, food court, eating joints, household products, electronic equipment, supermarket and drugstore. For greater variety, future residents may also visit the nearby Sembawang Shopping Centre. New EC is additionally a quick drive away from the Chong Pang City, a favourite neighbourhood bunch that has eating outlets and many sells. Its future residents may also have the ability to locate many yummy and delightful local food as well as fresh market produce right at Chong Pang Market & Food Centre situated at Chong Pang City.

As it’s near to numerous local schooling facilities, new Parc Life EC is going to be perfect for family dwelling. Other instruction conveniences including kindergartens and childcare centers can be readily located near New EC, supplying a peace of their heads while they’re away at work to parents with young kids.

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Sol Acres @ Choa Chua Kang Grove

Sol Acres @ Choa Chu Kang is a brand new executive condominium located at Choa Chu Kang Grove in District 23, Singapore. This 99-year leasehold property is below the development of MCL Land Pte Ltd. Its exclusive components will definitely offer you an exceptional lifestyle you have been deraming of.

Sol Acres offers ample units that can absolutely be able accomodate to various form of renters. Each unit is uniquely designed to give you maximum comfort regular at your own dwelling. With topnotch facilities, satisfaction and your enjoyment is guaranteed. The branded appliances also adds great convenience for you personally and your loved ones.

There are countless number of conveniences nearby which lets you’ve a picks that are innumerable. There are shopping malls, schools, parks and more. Seeking somewhere to relish shopping with friends and families? Visit the nearby shopping malls like Keat Hong Shopping Centre, Sunshine Plaza, Junction 10, Bukit Panjang Plaza and Lot One Shoppers’ Mall.

Schools that are known to offer exceptional quality of education are only within reach. It’s possible for you to choose from your list that comprise Dunearn Secondary School, Chua Chu Kang Primary School, Pioneer Junior College, West Spring Secondary School and Swiss Cottage Secondary School.

You may also have many different dishes from different eateries and food centers nearby for a fantastic dining experience. Try and taste the yummy dishies from Seafood. Great satisfaction on your tummy.

Catch your chance to be in possession of a component in this modern, cozy and elegant condominium that guarantees to offer you a lifestyle that is fabulous. Live the life you need here at Sol Acres @ Choa Chu Kang.

Sol Acres @ Choa Chu Kang Location
With major expressways connected like Ayer Rajah Expressway (AYE) and Pan Island Expressway (PIE), you are able to handily drive to any important destinations in Singapore such as the Orchard Shopping Belt and Central Business District which are less that 20 minutes away from Sol Acres.

Location Map
Sol Acres place map
Nearby Attractions at Sol Acres
Sol Acres @ Choa Chu Kang Floor Plan
Sol Acres @ Choa Chu Kang floor plan offers designed units that could cater any kind of tenants mabe it’s a little or big family. It provides the needed spaces to handily satisfy your lifestyle to you. Its tasteful interior with the top quality finishes permits one to have a luxury home at which you could relax comfortably after a tiring day at the office. Space and luxury united in your residence is good for each and every property-seekers.

Top ten Reasons Sol Acres?

99-year leasehold condominium that is executive
Underneath the developer that is prestigious MCL Land Pte Ltd
Interior that is lavish and contemporary buildings
Notable schools for example Pioneer Junior College Chua Chu Kang Secondary School and West Spring Primary School
Easily accessible via Pan Island Expressway (PIE) and Ayer Rajah Expressway (AYE)
Lots of LRT stations nearby that include Teck Whye LRT and Keat Hong LRT
Peaceful environment is join with the sophistication of the property
Modern topnotch facilities for one to enjoy

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Singapore: New Condo sales sold 1,124 units in the month of April

Singapore: New Condo sales sold 1,124 units in the month of April, excluding Executive Condominiums (ECs) or more than 80% increase as compared to March 2015. . when including EC, the number was 1,218

Most of the transactions come from North Park Dwellings @ Yishun which sold 486 units at a mean of $1,374psf. and Botanique at Bartley which sold 254 units at an average of $1,290psf. The most expensive development sold was V On Shenton which sold at $2,636psf.

North Park Residences Buyers are drawn to North Park Residences because of its integration with Bus Interchange, Yishun MRT Station, shopping mall and even community Centre. North Park Homes sales came in higher than Botanique despite it having a higher price tag. Buyers are drawn for this development likely because of its integration which is rare in the marketplace. The most popular unit blend are the 1 and 2 bedrooms.

Botanique at Bartley on the other hand attracts investors and home owners with its closeness to Bartley MRT Station and low quantum components which saw more than 84% of the components below 1 million mark. Beckoning with its strategic place near Bartley MRT station, center of growth in Paya Lebar Central, Defu Industrial, Paya Lebar Air Base and also Bidadari. Attractiveness with water features and lush greenery landscaping that set it apart from Bespoke and its peer with quality finishes and branded electrical appliances that finish the beginning of a dream house.

Other developments too are selling well with double digit sales offering Symphony Suites (Sold 29 units at typical $1,042psf), The Panorama (Sold 39 Units at typical $1,229psf) and Sims Urban Oasis (Sold 41 units at typical $1,411psf).

Developments that’s strong characteristics including low quantum, near to amenities and MRT Station will still attract home owners and potential investors though most buyers tend to be more price sensitive due to the execution of Total Debt Servicing Ratio (TDSR) and Additional Buyer Stamp Duty (ABSD).

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