** FIRST TIME BUYERS: If you are planning to buy your very first property and do not know whether to buy a Resale HDB, BTO or a new launch EC, let us discuss your best possible option.

** EXISTING HDB OWNERS: If you are planning to change to another property, and would like to know whether to buy a EC or private condominiums, let us help you to assess your best possible options to get better returns on your dollars. We do not want to under-leverage on ourselves.

The Housing and Development Board (HDB) has sold a residential site in Sembawang Avenue as part of Government Land Sales (GLS) in the 3rd quarter of 2014. This land parcel is set in North Region of Singapore, bounded by Sembawang Avenue, Sembawang Crescent and Gambas Crescent, is listed under the confirmed list of sites and is allocated to be developed into an Executive Condo EC site. With a plot land size of 238,849 square feet and a plot ratio of 2.8, new Sembawang Avenue EC is estimated to house 620 housing units.

The 238,849 square feet site is awarded to a consortium of FCL Court Pte Ltd and KH Capital Pte Ltd at a bid of $214.08 million or $320 psf ppr with an extimated break-even price of $xxx psf.

New and Upcoming EC in Sembawang Avenue is between Canberra Park and the upcoming Skypark Residences EC. Other developments in the vicinity include Canberra Residences, The Nautical, One Canberra, Eight Courtyards, Yishun Emerald and Yishun Sapphire.

New Sembawang Avenue EC is  600 m away from Sembawang MRT Station which operates the North South Line Train services. Future residents of New EC can take a short stroll to the station. In terms of driving, New EC is approximately 24 minutes’ drive to the Central Business District (CBD). When in need for a weekend shopping spree, the Orchard Shopping Belt is approximately 21 minutes’ drive away. The nearby Seletar Expressway (SLE) and the Bukit Timah Expressway (BKE) allow easily driving for future residents of New EC when it comes to traveling to downtown or various parts of the island. When the Thomson Line TSL is ready by 2021, which will be opening in 3 phrases, starting from 2019, will give residents of EC in Sembawang Avenue more options of destinations. The upcoming North-South Expressway will save residents here as much as 30% of their time when it is ready in 2020.

New Sembawang Avenue EC future residents can just take a short walk down to Sun Plaza, just next to the Sembawang MRT Station, providing daily needs from supermarket, food court, eating joints, household products, electronics, personal care stores and pharmacy. For greater variety, future residents can also go to the nearby Sembawang Shopping Centre. New EC is also a short drive away from the Chong Pang City, a favourite neighbourhood cluster which has many retails and eating outlets. Its future residents will also be able to find many delicious and yummy local food and also fresh market produce right at Chong Pang Market & Food Centre located at Chong Pang City.

New Sembawang Avenue EC will be ideal for family living as it is near to numerous local education facilities. Schools such as Sembawang Primary School, Canberra Primary School, Wellington Primary School, Endeavour Primary School, Northoaks Primary School, Greenwood Primary School, Ahmad Ibrahim Primary School, Riverside Primary School, Sembawang Secondary School, Canberra Secondary School, Ahmad Ibrahim Secondary School and Admiralty Secondary School are just within its 2 km radius. Other education amenities such as childcare centres and kindergartens can also be easily found near New EC, providing parents with young children a peace of their minds while they are away at work.