Executive Condominium / 99-year Leasehold
Anchorvale Crescent / D19
0 - 0 Bedroom
The new EC site at Anchorvale Crescent in Sengkang, under the 2018 Government Land Sales (GLS) Programme, has been triggered for launch on 25 July 2018. HDB will launch the public tender for the site in mid August. The tender period for the land parcel will be about five weeks.
The new Executive Condominium (EC), a 99 year leasehold site located at Anchorvale Crescent, sits on estimated 1.71 ha (approximate 17,100 sqm) of land, Gross Plot Ratio of 3.0, projected to house a total 550 residential units.
The Housing & Development Board announced on 14 Sept 2018, Evia Real Estate (8) Pte Ltd & Gamuda (Singapore) Pte Ltd submitted the highest bid for the land tender of Anchorvale Crescent EC land parcel at $318.89 million, or $576.22 psf per gross floor area, in a hotly contested tender that drew seven bidders in all.
The last EC tender at Sumang Walk in Punggol was awarded to CDL at S$583 psf ppr, which is expected to launch in second half 2019 at estimated S$1,200 psf. Rivercove Residences EC in Sengkang, the only EC in 2018, was launched this Apr at an average S$965 psf and was sold out by end Jun.
Due to the limited supply of EC sites and recent brisk sales at Rivercove Residences, the tender of the new EC site could draw strong interest from many developers.
The new EC site is strategically located close to shopping, dining, sports, entertainment and leisure, schools and health care.
Nearby important amenities such as Sengkang General & Community Hospital, Sengkang Community Club and Compass One Mall.
Residents will enjoy the convenience of new amenites such as the upcoming Anchorvale Village with a neighbourhood centre comprising retail shops, dinning, supermarts and Hawker Centre, which is minutes walk away.
The EC site is next to Cheng Lim LRT, close proximity and one LRT station away to integrated Seng Kang MRT station which connect to bus interchange and Compass One Mall. The MRT route links to Nex mega mall, Dhoby Ghaut all the way to VivoCity.
The Selatar Mall is three LRT station from the EC site. It provides diverse retail outlets and additional choices for grocery shopping. The residents will enjoy the amenities with cinemas, restaurants, supermarket, and eateries.
The residents can access easily to all parts of Singapore via the major expressway. It is just a minute drive away from Tampines Expressway (TPE), within 18 minutes drive via Kallang-Paya Lebar Expressway (KPE) to Central Business District (CBD).
There are many good choices of reputable schools nearby such as Nan Chiau Primary, Compassvale Primary, Springdale Primary and Compassvale Secondary schools.
Sengkang Sports Centre is located with the Anchorvale Community Club to offer myriad sports and community activities and events for the whole family.
The residents will indulge in a serene environment close to the Sengkang Riverside Park along Punggol Reservoir. Residents will enjoy a bike ride along the Punggol park connector to Punggol Waterway Park where more leisure activities await.
The EC site is strategically situated between two upcoming mega transformation- Seletar Regional Center and Punggol Digital District along the North Coast Innovation Corridor.
Why EC at Anchorvale Crescent?
Potential Investment and Capital Appreciation.
Owners get to enjoy huge savings at different time intervals through the Mega Transformation which will help in Capital Appreciation when Seletar Regional Centre and Punggol Digital District along the North Coast Innovation Corridor, transit through the different phases of transformation.
The Digital District will house technology firms involved in key growth fields such as cyber-security, as well as fostering industry-academia collaboration at the new Singapore Institute of Technology (SIT) Campus. It will provide a space for innovative new industries and introduce new jobs and opportunities that will engage and excite.
Seletar Aerospace Park will be dedicated to the aerospace industry and its aviation research and development activities. Aviation is one of the fastest growing industries in Singapore, expected to contribute about $3.3 billion annually by 2018.
Seletar is currently home to leading firms such as Rolls-Royce Group, ST Aerospace and Eurocopter. When the Seletar Aerospace Park (SAP) is fully completed, it will create up to 10,000 jobs and generate highly-skilled employment opportunities.
Huge Influx of Workforce and Foreign Talent increases the value of new EC at Anchorvale Crescent, making it Very Sellable and Rentable in the future.
Through better Infrastructure, travelling time to other parts of the island will now be shortened making Travelling an Ease
Education and Amenities
Upcoming Malls, Educational Institutes, Amenities and Lifestyle arenas makes the new EC a holisitc living environment where Live, Work, Play can be realised within Sengkang and Seletar.
Upcoming new EC includes Piermont Grand Ec at Sumang Walk Punggol (expected sales launch 2nd Half 2019), EC at Canberra Link, EC at Tampines Ave 10 and EC at Anchorvale Crescent.(expected Sales launch 1st Half 2020)
See Also Latest New Launch Condominium available: Parc Botannia, Riverfront Residences, Affinity At Serangoon, Jui Residences, Park Colonial, Forest Woods, The Tre Ver, Stirling Residences, 33 Residences, Casa Al Mare, The Jovell. The Tapestry, Grandeur Park Residences, Margaret Ville, Kingsford Waterbay, JadeScape, Kent Ridge Hill Residences, Parc Esta, Treasure at Tampines, The Florence Residences
|Project Name:||New EC at Anchorvale Crescent|
|Project Type:||Executive Condominium|
|Site Area:||184,469 sqft|
|Unit Type||Sold||Available||Total||Low Price||High Price||Avg PSF|
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