Comparing Tengah EC Prices Against Other Private Developments Nearby
If you’re thinking of upgrading from HDB to private property, then you might be wondering how Tengah EC prices compare to other private developments nearby. The last private development to open in the area was Le Quest, which launched in August 2017. A new EC development is expected to appeal to HDB upgraders in the area, and the current land rate for a mid-sized parcel is about $650 per sq ft. As such, you could expect the highest bid to be between $241.2 million and $261 million.
There are several advantages to buying an EC in Tengah. It is conveniently located near established schools, as well as other amenities. Moreover, many buyers are looking to stay in the area for a long time. Thus, ECs are attractive investments for families.
The EC offers cheaper prices than other private developments. The EC’s land pricing is only $580 per square foot, so the price of a unit is quite reasonable. Moreover, the units are larger compared to private developments, which allows for better profit margins. Plus, the prices of EC units sold to foreign buyers are often higher.
However, EC prices are not as affordable as HDB prices. As HDB land is not abundant in the market, developers are keen to replenish their land bank in ECs. As a result, the EC prices are often correlated with HDB prices.
The Bukit Batok EC is located nearby. This development offers easy access to the Bukit Batok MRT station, as well as established schools. Additionally, residents can enjoy a tranquil environment close to the town’s bus interchange. The area also offers convenient transportation links to the rest of the city.
The EC in Tengah is near a future MRT station that will serve the Tengah Town area. This station is expected to improve the connectivity of the western part of Singapore. Furthermore, it is expected to include government initiatives and smart features. As such, prices of ECs near MRT stations will likely increase as time goes by.
Tengah Garden Walk EC is a new executive condominium development in District 24 in Singapore. The project boasts of impressive transportation connectivity. It is the only executive condominium located within walking distance to three MRT stations: Tengah, Hong Kah, and the Circle Line. As a result, residents can enjoy easy access to other parts of the city without a long ride. In addition, Tengah is near to a variety of schools, including Dunearn Secondary School, Eden School, and Princess Elizabeth Primary School.
Tengah Garden Walk EC is situated on a triangular plot of land measuring 22,020 square meters. The gross floor area of the units in this development is 61,659 square meters. The development is set to launch in early October, and is the first EC in the west in 2019. It is being developed by Taurus Properties SG Pte Ltd, a joint venture between CDL and MCL.
Although ECs are generally more expensive, they are a good investment for long-term residents. In addition to being convenient, buyers are not affected by the additional buyer’s stamp tax. Furthermore, residents are guaranteed of quiet living.
Bukit Batok EC is another high-end development located near the Jurong East shopping centre. It is a mixed public and private development. With 37,348 square meters of development area and 375 units, it is expected to attract a wide range of buyers. It is a great choice for families with young children, who need a location that is close to amenities and the city centre.
If you are considering investing in a new condo in Singapore, you should check out Copen Grand EC. This Executive Condominium is located within the Tengah Garden Walk estate and is set to contain 620 residential units. This development is near three MRT stations. The nearest one is Tengah, and the other two are only a few minutes away. This property also offers smart features and greenflies.
This new development is part of the city’s sprawling green belt. This area is designed to be a green township, which means that it will be eco-friendly and sustainable. The area will also feature many smart features, such as rainwater collection systems, energy management systems, and a green roof. These properties are a great choice for those who wish to retire in the city, but still be able to enjoy the city’s amenities.
The location is also ideal, as it is near the new public transportation hub, the Chinese University, and government land sales. The area is also home to many greeneries, enabling residents to enjoy nature and the outdoors on the weekends. As an EC, the prices here are cheaper than other areas in Singapore, and you can take advantage of the government land sales to secure a bargain.
Another area near the Copen Grand EC is West Mall Shopping Centre. This huge mall has a number of retail outlets and restaurants. It is also conveniently located near the Bukit Batok MRT station. As a result, you’ll have easy access to the city centre and other parts of Singapore.
In recent years, EC prices have been on the rise. Between 2016 and 2020, prices rose 42.5 percent, reaching a peak in 2021. This trend is expected to continue this year. As private property prices rise, more Singaporeans are looking for alternative options. In addition, more ECs are being launched, increasing competition among potential buyers.
The EC at Tengah MRT station is an ideal location as it is near two upcoming MRT stations. The Jurong Region Line is also nearby, which will greatly increase connectivity for residents in the west. The area also boasts an eco-friendly district, which contributes to a clean environment.
Tengah EC prices are significantly cheaper than most other ECs in Singapore, making it an ideal option for first-timers looking to upgrade from an HDB unit. While it is not self-contained, it is affordable compared to similar HDB units, and it will enjoy good capital appreciation once it becomes privatised.
Tengah EC is located in a mature estate surrounded by mature housing estates. Its location is easily accessible by bus and other forms of transportation. It is also near the upcoming car-free town center. This area will have separated roads for pedestrians and cars, perfect for walking, cycling, and recreational engagements.
Another advantage of the EC is its proximity to the city. It is about 30 minutes from the CBD, making it a great choice for parents with small children. Moreover, it is close to a number of reputable schools, which gives them peace of mind. This allows them to spend more time with their children, rather than dealing with the daily hassle of long traffic jams.
When comparing prices for Tengah EC against the prices of other private developments in Singapore, one should keep the following factors in mind. This development is situated near three MRT stations, making it an ideal place to commute and live. Additionally, Tengah EC will offer green features, such as a rainwater collection system and green roofs. The building will also come with several smart features, such as a centralized cooling system.
Copen Grand EC is the only EC development in the Tengah New Town area. The site was released under the Government Land Sales programme and received seven bidders. The winning bidder was the joint venture of CDL and MCL Land. This project is situated in a prime location that is just steps away from the Tampines MRT station. It is also close to a number of amenities and good schools. As such, it is expected to fetch a high price when finished in 2020.
In terms of price, the ECs are still quite expensive, but compared to other private developments, they are affordable for long-term residents. This is because their prices are based on land prices at $580 per square foot. In addition, these units are convenient and accessible to public transport stations. Lastly, buyers don’t have to pay the additional buyer’s stamp tax for the ECs.
Despite its high prices, Tengah EC is a good choice for those who are looking for a longer-term residence. Prices for ECs are based on land pricing of $580 per square foot, making it a viable option for those who want to live in the city for a long time. In addition, the properties are located near public transportation stations, making them easily accessible. Another benefit of purchasing an EC is that there are no extra buyer’s stamp taxes.
The location of Tengah EC is excellent, near the future Jurong Regional Line MRT station, three primary schools, and the Bukit Timah Nature Reserve. It is close to several bus interchanges and shopping malls. It is also close to the future Copen Grand EC project, a planned eco-town in the west that will have high-rise residential developments. This will bring a sense of community and boost the local economy.
Tengah EC is located near various expressways, including the Pan Island Expressway (PIE), Kranji Expressway (KJE), and Bukit Timah Expressway (BKE). Moreover, residents will enjoy a short drive to the city, where there are many restaurants and shopping centers. Moreover, the new Cross Island Line will connect Changi to Jurong Industrial Estate, Bukit Timah, and Clementi. This is an added advantage for Tengah EC residents, as it is convenient for families.
The Bukit Batok EC has approval to build 375 units. Each plot is half an acre in size, and average units are 2,000 square feet. This means that buyers who choose an EC can enjoy the luxury of a large space with a large yard. The development is also close to public and private schools, parks, and shopping. The area is ideal for families with young children.