Nature and Green Features Will Add Demand For Tengah EC
Investing in an EC is a great option if you’re looking to make money. If you’re looking to invest in an EC, you will need to make sure you find one that has all the necessary features. One of these features is nature. Fortunately, there are plenty of EC’s with nature in Singapore. These features will make sure that you get a lot of people to want to live there.
Bukit Batok EC
ECs are becoming a popular choice among many Singapore households, as they fit many budgets. They are also more affordable compared to private condominiums. However, there are restrictions. These restrictions include a minimum occupation period of five years and a family nucleus of two Singapore permanent residents. In addition, some EC buyers may have to sacrifice living comforts.
ECs are located within close proximity to major developments and commercial centres. These include the Singapore Integrated Transport Hub, the Downtown Line, and Le Quest shopping mall. They are also close to the Pan-Island Expressway, which is expected to improve traffic flow and reduce travelling time.
Residents will also have access to electric vehicle charging hubs, which double as mobility tools. This will help them transition to a lower carbon footprint. Tengah is also close to many parks and green spaces. This will add to the demand for ECs in the area.
Tengah EC will be built on a 2.2-hectare site. It is expected to launch in the second half of 2020. It will be guided by the Smart HDB Town Framework, which covers four key dimensions. The framework is designed to make living in Tengah a healthy and eco-friendly experience.
ECs continue to attract buyers looking for affordable homes in suburban areas. The EC market is expected to remain healthy over the next few years. However, some buyers may have to make sacrifices in terms of living comforts and affordability. There are also restrictions when it comes to buying a new EC unit. ECs are only available to a certain class of buyer, and buyers are required to fulfill a minimum occupation period of five years.
ECs offer attractive value propositions to first time buyers. In fact, buyers can get government grants to help them buy their first EC unit. However, the price gap between ECs and private condominiums has significantly increased. The price gap is expected to further widen in the coming years.
EC at Tengah Garden Walk is expected to open in 2019. This development is expected to sell out quickly. Its design is inspired by nature and features dedicated walking paths. The EC is close to three MRT stations. It is also close to Jurong Lake Gardens and the Tengah Town Centre.
Tengah Plantation Loop EC
Among the new developments in Bukit Batok, Tengah Plantation Loop EC is one of the newest. It is a hybrid public-private development that combines HDB flats with private condominiums. It will feature 42,000 residential units in total. It is expected to be completed in 2023. The project is managed by the Housing and Development Board (HDB).
Tengah Plantation Loop EC will feature a car-free town centre and a 20-hectare public park. It will also feature a fully-functioning public transport system. The new development is expected to attract a growing number of commuters and property owners. The master plan for Tengah has been developed using a comprehensive environmental modeling approach. It is designed to take into account the impact of natural resources on the environment and to consider the future of the area.
The development will include a five-kilometre forest corridor that will connect residents to nature. The town centre will also have green features, such as rainwater collection systems and solar roof panels. The development will also be connected to the Circle line and the North-South line. It will also be close to several greeneries and nature reserves.
Copen Grand EC
Located in the new town of Tengah, Copen Grand EC is the first executive condominium launched in this area in a few years. The project will comprise 639 residential units in 12 blocks of up to 14 storeys. The development is being developed by Taurus Properties SG, a joint venture between City Developments Limited (CDL) and MCL Land.
The development will offer residents a wide range of nature and green features. It will include nature-themed recreational areas, as well as thematic playgrounds. The development will also offer residents a multi-storey clubhouse with family-friendly swimming pools, co-working spaces, fitness stations, tennis court, and nature-themed garden spaces. The clubhouse will also feature solar photovoltaic systems that provide partial energy replacement for the clubhouse.
The development is located near the Jurong Lake District and the Sungei Kadut Eco-District. It will also be within walking distance of three MRT stations on the Jurong Region Line.