Buying an Executive Condominium ? Subsidies, grants make it a good choice. According to Minister Khaw Boon Wang, it is the equivalent of purchasing a Lexus but a the price of a Toyota.
Singapore, Singapore - June 15, 2017 /MarketersMedia/ —
Private-public hybrid housing more suitable for genuine home-hunters than investors. They are commonly known as Exceutive Condominiums (ECs).
Average EC prices such as Parc Life in Sembawang rose by 5.4 per cent from 2013 to hit $794 per sq ft in 2014 and added a further 0.3 per cent to reach $797 psf last year - a sign of growing demand according to The New Launch Collections Project Consultant Jason Oh
All agree that ECs, which are privatised after 10 years, continue to attract buyers as these public-private hybrid homes offer facilities similar to those in condominiums but at a lower price.
Available ECs in the market that suits genuine home hunters than investors in the Northern District include the followings : Bellewoods, The Visionaire, The Brownstone and Parc Life
According to The New Launch Collections Project Consultant Jason Oh, the Parc Life will be available for purchase immediately.
"The Northern District, of which Parc Life forms a part of, was once a sleepy far-flung neighbourhood. Today it is a vibrant commercial hub - teeming with activity through the day and evening.
It was Singapore's Third regional centre since 1992 and now has 200,000 sq m of office space and 112,000 sq m of retail space, according to the Urban Redevelopment Authority (URA).
Although it is the nation's third regional centre, the Northern District is likely to keep up with the times and continue to evolve, even as newer, shinier peers pop up in Jurong, Tampines and Seletar.
The URA sees potential in reviewing the land use, urban design guidelines and road network in the Northern Regional Centre to "cater to anticipated needs of different users, guide future developments, and enhance public space".
Since 1992, the Northern District residents have enjoyed a wider range of amenities, which have brought greater convenience to their doorstep.," said Oh. "Parc Life in Sembawang of the Northern District has new additions of residential supplies to meet the ever growing demands for housing needs in Singapore property market. Singapore Condo in Sembawang are priced much more affordable than those in Jurong East Regional Town Centre, thus making them a great investment with high capital upside potential and rental yield with low downside risk."
For more details other developments, kindly refer to Singapore Codo
Contact Info:
Name: Jason Oh
Email: choon.gim.oh@gmail.com
Organization: The New Launch Collections
Phone: +65 6969 2255
For more information, please visit http://www.thenewlaunchcollections.com
Source: MarketersMedia
Release ID: 206122
