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 Price of new ECs and
Private Condos gap narrowing

Price gap narrowing
between resale EC and
private mass market

HDB net deficit remain
high over next few years

<Amore EC Punggol>

<The Criterion EC Yishun>

<Brownstone EC
next to Canberra MRT>

<Sol Acres EC
Choa Chu Kang>

<Westwood Residences>

Invest in Centre of
North Coast Innovation
and Learning Corridor

<North Park Residences>

 

 

Mega project in Upcoming
Seletar Regional Centre/
Sengkang, price starting
from s$3xx,xxx Only!!

<High Park Residences>

Invest in Central Region
with High rental potential
and high demand

Downpayment starts fr s$160,000 only!!

 

<City Gate Beach Road>

<Commonwealth Towers>

Leverage on your assets
and banks to Grow
Your Dollars over time

Register Here with More Options

 

LOCATION and AMENITIES

Amenities Near The Vales EC

FACILITIES and SITE PLAN

RESIDENTIAL FLOOR PLANS

The Vales offers very spacious layouts:
4 units of 5 bedrooms Penthouses 16xxsqft
5 units of 4 bedrooms Villa Gardens/ Maisonettes 16xxsqft/ 17xxsqft
5 Bedrooms 1593sqft
4 Bedrooms 1270sqft/ 1410sqft
3 Bedrooms with or without yard and utility room 904sqft/ 915sqft/ 1033sqft/ 1044sqft
2 Bedrooms at 764sqft

Please call Suzanne Ng +65 90070868 for your choice units and Appointments in the showflat 

GALLERY

SENGKANG OVERVIEW

Sengkang is a sub-urban town in the north-eastern part of Singapore. The town is bounded by the Tampines Expressway (TPE) to the north, Sungei Serangoon (Serangoon River) to the east, Buangkok Drive to the south and Jalan Kayu to the west. Sungei Punggol (Punggol River) cuts through the new town, and divides the town into Sengkang East and Sengkang West.

A new industrial area, 'Sengkang West Industrial Area', is to be built to the west of Jalan Kayu in the near future, bounded by a road which is estimated to be completed this year. The new road, Sengkang West Road, begins where Yio Chu Kang Road and Jalan Kayu intersect, passes through the Fernvale neighbourhood, cuts through TPE across the proposed Seletar Aerospace Flyover and links to the future upgraded Seletar Aerospace Park.

Sengkang is well connected to other parts of the island with the North East MRT Line (NEL) at Sengkang MRT Station and Sengkang LRT that have direct access to Sengkang Bus Interchange which provide residents with convenient public transport.

• 1 MRT stop to Punggol Town Centre- Upcoming S$1 Billion Mega Mall cum residential/ Horse Riding
• 2 MRT stop to Hougang Mall and Bus interchange
• 3 MRT stops to Heartland Mall and Bus Interchange, Kovan Market and Food centre
• 4 MRT stops to Serangoon MRT Interchange which serves Circle Line, Bus interchange, NEX mega mall
• For vehicle owners, it will take less than 30 minutes drive to Tampines Regional Centre, Changi Business Park, Changi Airport and vibrant Orchard Road shopping district. Island wide connectivity via Tampines Expressway TPE, CTE, and SLE.

• The completion of Sengkang West Road to ease the traffic to Seletar Aerospace Park and Sengkang West Industrial Estate
• Widening and expansion of CTE/ SLE/ TPE/KPE, between Jalan Kayu flyover and Punggol West Flyover and construction of road between TPE and Yishun Ave 6

• Sengkang Sports and Recreation Centre- Sitted on a 4 hectares of land besides Sungei Punggol and houses a community club and features sports facilities including 4 swimming pools
• Sengkang Riverside Park- The park has unique water features , a constructed wetland that collects and filters rain waters naturally through its aquatic plants. The wetland doubles as a wildlife habitat and attracts many mangrove birds nto the park such as purple heron, collared kingfisher and little tern.
• Sengkang Sculpture Park- For leisure in the park and sculptural playground.
• Sengkang Hockey Stadium- State of art hockey pitches. Held 2010 Youth Olympics Games.
• Enjoy jogging, cycling via the scenic North Eastern Riverine Loop
• Marina Country Club
• Seletar Country Club

• Sengkang General Hospital by 2020
• Seletar Aerospace Park
• Sengkang West Industrial Park

SELETAR AEROSPACE FLY-OVER ENHANCE CONNECTIVITY

HIGHER DEMAND FOR ECs WITH ITS HIGH PROFIT MARGIN AND LOW ENTRY PRICE

Owners of Executive Condominiums (EC) stand a huge capital potential appreciation in due of the low entry price to purchase a unit compared to private condominiums.

After a period of 10 years, the EC will be privatised, changing its status to be on level to a private condominium. Foreigners will be able to purchase the unit then. Owners typically enjoy a capital gain after their EC is privatised.

The above table shows a significant increase in capital appreciation for EC owners. 

Purchasing an EC in Parc Life is extremely promising as we may look into such capital appreciation after it becomes privatised over time.

As the entry price for an Executive Condominium (EC) is much lower than a private condominium, demand for ECs has been on the rise. New EC units are generally 15-30% cheaper than private condominiums. In addition, first timer are entitled to receive a CPF Housing Grant of up to S$30,000. These make EC an extreme worthwhile asset to purchase. 

Physical features are similar when comparing between a new executive condominium with a private condominium. This include facilities such as gym, clubhouse, security guard, tennis court, swimming pool and many more.

Not only will residents enjoy living in The Vales EC having a short distance walk to Sengkang MRT Station, residents will have a long term investment with high profit margin.

When doing a comparison between an executive condominium and private condominium, we know that both EC and private condominiums offer the same features such as swimming pool, gym, tennis court and many more, 

As resale executive condominiums are typically larger in space comparing to its counterpart and with a lower entry price, demand has increased for the resale ECs. This has led to a narrowing of price gap.

Owners of resale ECs have profited greatly in the market with their low entry price and they had enjoyed the bigger space and same facilities.

With the new private condominiums in the vicinity transacting at about S$1000 psf, makes The Vales EC a value buy as it will be 20-30% more affordable than other developments around.

With the Northern Region of Singapore transforming into a life-style and commercial hub, the attractive pricing of The Vales EC, being 20-30% more affordable than other new private condominiums within the vicinity, will offer a significant upside for its homebuyers.

CONTACT US

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