Tengah Plantation Loop EC town centre will have the first car-free zone in Singapore. There will be underground roads in the town centre, so people will be able to cycle or walk anywhere they need to go. The car-free zone will also feature cycling paths on both sides of the roads. The absence of cars will make it easier for residents to commute to work and enjoy their lifestyles.
The innovative new township of Tengah Plantation Loop EC will be home to around 42,000 new homes. The township will have five residential districts, each with a distinct design and a focus on green features. Residents will be able to cycle and walk instead of driving on roads, and there will be community farms and parks that encourage active lifestyles.
The area also features underground roads, which will separate pedestrian streets from motor traffic. This will improve the safety of the area for recreational activities. This town will also have easy access to the Pan Island Expressway and Bukit Batok MRT stations. Moreover, the area will have four public transport stations, so residents can easily commute to the central business district. Other amenities that are located within the area include a polyclinic, farmways, and a number of educational institutions.
HDB ECs are becoming more popular among Singaporeans because they are more affordable. The first 5 years, EC owners will not have to pay any mortgage until they collect their keys. This means that they can upgrade their lifestyle without incurring any debt. However, they should be aware that ECs cannot generate rental income until five years after the purchase. This means that it’s imperative to have some savings for the first 5 years.
While Singapore’s low-interest rate environment has made ECs popular among Singaporeans, there are certain conditions that must be met when applying for an EC. First, a down payment of at least 25% must come from the buyer’s own pocket. This amount can be a combination of cash and CPF savings. It is also important to consider the Mortgage Servicing Ratio when applying for an EC loan.
Down payment for HDB ECs must be at least 25% of the total purchase price. Of this amount, at least 5% must be in cash, with the remainder financed through a combination of CPF and cash. As a result, ECs are hybrid developments. These properties are managed by HDB for the first 10 years. However, there is a 5-year minimum occupancy requirement for these units.
The Bukit Batok EC will be located near the Singapore Integrated Transport Hub, Bukit Batok Hillside Nature Park, and Le Quest shopping mall. The new project will also include a community club, lush landscaping, and park connectors. It is expected to attract numerous bidders and will be an excellent investment.
Children who wish to study at a top school will have their preferences met by this property’s location near popular schools. For example, Bukit Batok EC is located near Poi Ching Primary School, St Hilda’s Primary School, Gongshang Primary School, and Hai Sing Catholic School. Children can apply for primary 1 admissions at these schools. The Bukit Batok EC is also near some of the best schools in Singapore, such as Holy Innocent’s School and the Anglican High School.
Bukit Batok EC is expected to attract many new residents, as it is close to amenities, schools, and transportation. Besides, it will feature 42,000 new flats, 70% of which will be HDB flats. It will also have a central park and a network of dedicated walking paths. The government is committed to a long-term plan for the area, and the community is a good investment for both young families and those looking for a long-term investment.
Marina Gardens Lane Condo is near the Marina Bay Sands resort, Singapore’s largest integrated resort property. The resort is projected to contribute US$2.7 billion to Singapore’s GDP by 2015, employing 10,000 people directly and creating another 20,000 jobs in other sectors. The resort is also expanding with US$3.3 billion to add 1,000 luxury suites and a 15,000-seat arena. Despite the resort’s proximity to the city, it is still a popular residential location. The site on the Marina Bay is also set for mixed-use developments. It will feature a combination of residential, retail, and hotel units. It is estimated to cost more than $1 billion and will attract a number of deep-pocket developers. As a result, it is likely to have more homes than the first half of GLS. The Marina Gardens Lane site is scheduled to launch for sale in December 2022, and will eventually yield about 795 condominium units and 750 square meters of commercial space. This project will kick-start the redevelopment of the Marina South neighbourhood. The location is ideally located within the downtown core, and many of the residences will offer spectacular views of the city skyline and Gardens by the Bay. There are a number of schools near Tengah EC. Local schools and international schools are close by. Families can walk to these institutions to get their children to school. Nearby MRT stations provide access to other destinations in the city, including the airport. With three MRT stations and a future bus terminal just a short distance away, Tengah EC is close to a variety of amenities and recreational facilities. The new town district will have separate bike and pedestrian lanes, car-lite zones, and ample green spaces. The area is also located near the Jurong Regional Line MRT station. Tengah EC is located near several amenities and well-established schools, making it an excellent investment for families. Tengah EC also offers cheaper land prices compared to private developments. The land prices are only $580 per square foot, making it a cost-effective option for investors. The unit sizes are also larger, allowing for higher profit margins. However, prices may be higher for foreign buyers. Developers CDL and MCL Land are targeting to build 12 blocks of up to 14 storeys with 620 EC units. They aim to attain a BCA Green Mark GoldPLUS rating and are focusing on a low-energy design. The project is located near three MRT stations, including the forthcoming Jurong Region Line. In addition, the project is expected to be connected to Orchard Road and the Central Business District within 30 minutes. Besides being a smart, eco-friendly development, Copen Grand EC also aims to provide high-quality living and business spaces for its residents. The design is based on smart features, including automated waste collection and centralized air-conditioning. The site also has plenty of greenery, such as trees and plants. The proposed development is expected to be completed in H2 2020.
Belgravia Ace Freehold Development by Tong Eng Group
Belgravia Ace is a new development upcoming in 2021 located right at the heart of Ang Mo Kio by Tong Eng Group. The freehold seamless development is located in the heart of Seletar aerospace neighbourhood and consist of a total of 107 strata terrace units with 104 Semi-Detached and 3 Terraces. The location of Belgravia Ace Fairview Developments sits on a prime piece of freehold land in the mature town of Ang Mo Kio where there are plenty of amenities to cater to the residents staying around the area. Belgravia Ace Ang Mo Kio presents an opportunity for affluent investors to secure a brand new freehold landed in an exclusive serene corner of the Nim Gardens and Ang Mo Kio seamless area which is surrounded by previous developments such as Belgravia Villas and Belgravia Green which too have been fully sold. The development appeals to buyers who are looking for a brand new landed estate where there are other developments so that there are more amenities to cater to the residents of the strata terrace development. Amenities nearby include shopping centres at Ang Mo Kio Hub as well as Djitsun Mall and Jubilee Square. The shopping centres nearby provide a good range of F&B outlets as well as other fashion to cater to your family as well as your friends. A unique and serene living experience awaits you at upcoming Belgravia Ace Terrace. The development features quality designs to suit different family lifestyles and perfect for your family for relaxation. The completed development will also be a signature and trophy landmark landed project in the area. The town centre is located within easy reach of the Tampines EC. Residents can schedule their time to walk to school and other destinations, and the mall is equipped with modern amenities. With more than 200 retail shops, the mall is a one-stop shopping destination. From trendy fashions to high-tech gadgets, the shopping centre is sure to satisfy your shopping needs. The town center is also accessible by car. The Tampines EC is located near the city center, so residents can easily drive to work and to school in the evening. The Tampines EC is also well-connected to the rest of the city. The Pan Island Expressway connects the area to the rest of the island, providing residents with easy access to the city centre and other parts of the island. The community also has a central post office, allowing residents to send letters and receive packages. The government has also announced a five-year masterplan to transform the town into an eco-town. The masterplan emphasizes sustainable living, inclusiveness, green town planning, and community spaces. The Tampines EC is located near Tampines Town. There are many good schools within a short drive of the town centre. As such, living close to the schools will make life easier for parents. Parents won’t need to rush their kids to school, and children will have less time to worry about getting late. Alternatively, they can walk to school every day and avoid traffic and long queues. Walking to school is also an excellent time-saving method for kids. The location of Tampines EC is also convenient as it is near to Tampines MRT Station. This popular MRT station is located in the heart of Tampines. It has a capacity of 900 passengers and is a popular destination among locals and tourists alike. While the Tampines MRT station is crowded, there are many ways to avoid it. The Tampines MRT Station is a Mass Rapid Transit interchange station in Singapore. Located in the heart of Tampines town, it is next to the Central 4, 5 and Avenue 4 MRT stations and is close to the Tampines bus interchange. The station is accessible by wheelchair users and those with limited mobility. This MRT interchange station is one of the first in the city to provide accessible entrances. A ramp, escalators and ramps are available for the disabled. The Tampines EC is located in the city’s central business district. It’s also located near major retail malls, such as ION Orchard and Seletar Aerospace Park. The neighbourhood is also home to many schools, making it a good choice for families. If you have children, it’s important to consider whether the schools are close to your home. In general, schools are close to homes in Tampines EC, which means they’ll have easy access to them. Residents will also like the location of Tampines EC as it is located near to White Sands Shopping Mall which is located right next to the Pasir Ris MRT station. You can head to the mall to do your shopping and then head back to your Tampines EC. Its location makes it very convenient to shop and get home. In addition, it is also within walking distance from the Pasir Rins MRT station. Here are the highlights of this modern mall. Aside from being near the Tampines Regional Centre, this location is also close to several amenities. Aside from a swimming pool, supermarkets, and nature parks are also located nearby. It’s an excellent place for families with young children and commuters. A new MRT station is located in the vicinity of the EC. In addition, the community is located near a major shopping mall. Aside from being convenient for families, Tampines EC is also very accessible by public transport. Tampines EC location is also well liked by car owners as it is next to Tampines Expressway. Tampines Expressway is a fourteen kilometer-long motorway that was built on the outskirts of the city. Construction began in 1986 with the widening of Tampines Road. The project was completed in phases and was awarded to various contractors through floated tenders. The first phase of the expressway was completed on 30 September 1987. The first section of the expressway connected the Pan-Island Expansion Highway to the Elias Road section. The second phase of the project began on 24 December 1987, and was opened on 30 May 1989. It was then connected to the CLE and SLE, and now is the only road in Singapore that connects the two. The Tampines EC is a residential district that is conveniently located near the Tampines Hub. Its master plan includes neighbourhood parks, a multi-purpose hall, and more public space. The development of the EC is expected to be completed by 2021, and it is an excellent choice for families with young children. If you’re looking for a place to live with good infrastructure, this is the right place for you. Tampines EC is also located near to Century Square Shopping Mall. This six-storey mall is located right beside the Tampines MRT station. Opened in 1995, the center was extensively renovated and expanded in 2005. Today, it is one of the largest malls in the region, boasting a range of top-notch brands and amenities. The center is open daily, from Monday to Sunday.