HDB regulations have made EC a safe and potentially high-return asset class. As a result, the price of EC is very low, which can help investors avoid a downturn in the economy. Regulations such as MSR and TSDR have also been put in place to make EC affordable for first-time buyers. An OT study also shows that first-hand owners of privatized ECs can make substantial gains.
Located near the city centre and Jurong Innovation District, Tengah EC could be an excellent place to invest for long term growth. It is also within easy reach of the city’s public transport network. It also has a future “car-free” town centre and is near a nature reserve. Despite its distance from the city centre, it is a great investment opportunity for young professionals and families.
The ECs are often undervalued. Despite the fact that prices are currently at a low level, buyers can still get a decent return by renting them out. According to the Singapore Property Market Report, asking rents in private properties have jumped in anticipation of expatriates returning to the city. After a few years, their prices will be closer to resale prices, enabling buyers to profit from the resale price.
Tengah EC is an integrated neighbourhood, with a town centre, sports hub, and healthcare facilities. Its connectivity to public transport and communal facilities will allow Tengah Executive Condominium residents to live near the neighbourhood’s many amenities. In addition to these, the development is being developed by City Developments Limited, one of the largest companies in the world by market capital. The company offers a diverse range of properties, including offices, shopping malls, and residential buildings.
Besides being close to the Jurong Lake District and Bukit Batok, Tengah EC is near many public transport routes. It will also feature a 20-hectare Central Park, a public amphitheatre, and a future MRT station. In addition, there will be parks, playgrounds, and community farms. Additionally, the development will be car-free, making it an ideal place to live and work.
One of the best ways to invest in real estate in Tengah EC is to purchase a unit in the building. This new development will be the first of its kind in the West region, and it will be an eco-friendly development. The development will provide residents with a healthy, sustainable lifestyle with easy access to the city centre. The development is also expected to have a sports hub.
Located in the heart of the city, Tengah EC offers residents the convenience of city life in a sustainable and green setting. The town’s smart town planning focuses on environmentally friendly practices that integrate sustainable lifestyles into everyday community life. Green building standards are high and residents can expect a wide range of sustainable building materials and smart technologies. The Eco-Hub is one of the many green learning centers in the town. It attracts students from all over the world.
The city is home to many green features. The EC has green roofs and a rainwater collection system. Tengah will be the city-state’s first green town. The community and developers are committed to preserving nature while providing modern conveniences. In addition to this, Tengah EC will incorporate the four dimensions of smart living: health, environment, economy, and society.
EC is expected to be launched alongside other BTO projects in the neighbourhood. The development is situated near the Jurong Region Line and the Tengah Plantation MRT station, making it convenient for commuters. As the neighbourhood grows, there is likely to be a high demand for residential units in the vicinity. Additionally, it’s near major employment hubs like Jurong East and NEX.
ECs are generally designed to be environmentally friendly. Some include parks, bike paths, and gardens. These amenities also incorporate green technologies, such as solar panels and green roofs. The town’s residents are encouraged to participate in the sustainable building projects. The town’s green initiatives are geared toward community sustainability and food and resource efficiency. A sustainable community can be a great investment.
The Tengah EC also has innovative transportation options such as a taxi service, and a comprehensive healthcare system. Despite being a city, it also has several parks and open spaces that offer a variety of recreational opportunities. Many residents choose outdoor pursuits to save money on transportation and other expenses. The Tengah EC is close to the major business districts in Singapore, including Jurong East, Bukit Baok, Somerset, and the West Coast.
During this time of global economic slowdown, Indonesia’s economy has seen its share of slowdown. As a result, property prices are low and rental expectations are also low. This could be good news for those looking to invest in Tengah EC as an investment. But, there are a few risks involved. Firstly, low rental expectations are bad news for long term investors.
The property heyday was 2012-2013, when cash-flow positive properties were in demand. This means that property owners were left with a net rental income after paying their home loan and maintenance fees. However, with the rise of digital businesses and academia, the rental rate of Tengah properties is expected to fall by about 10 per cent by 2022, compared to a decade ago. Still, it is a six-year high.
However, despite its low rental expectations, the market for EC is still relatively affordable. The price gap is still large, and it is still possible for HDB owners to upgrade to an EC. Additionally, ECs can achieve good capital appreciation after being privatised. The government is also planning to release more land for EC construction. If these plans are implemented, the public housing market could become more affordable for investors.
The benefits of executive condominiums include the fact that they can be resold as private condos after five to ten years of MOP. This means that the unit owners are not vulnerable to property speculation and will be able to resell it at a higher price. Moreover, an EC is usually well-designed with quality facilities and security. Aside from that, ECs are also cheaper to rent out, which can make them good investments for long term investment.
When investing in Tengah EC, consider the convenience of the area. It is conveniently located near the Pan-Island Expressway, Brickland Road and the Bukit Batok Bus Interchange. The area is also near schools and is easily accessible by public transportation. The EC is also near the bus terminal. This means that it is easy to commute to work, the city or to your preferred school.
Commuters will appreciate the convenience of this location. The EC is near a number of amenities including Tampines MRT station and Changi City Point. It is also located near many schools, including Tampines North Primary School and Dunman Secondary School. It is an ideal location for a family with young children. The EC is also near shopping malls, shopping centres and public transportation.
The site is one of the last large plots in Singapore. It is bounded by mature housing estates and is accessible to Choa Chu Kang, Jurong and Bukit Batok. It is also part of the British Royal Air Force. The EC is expected to produce approximately 590 affordable units. The tender for this project is expected to close on 22 July. If you’re interested, check out the details.
Investing in Tengah EC is an excellent choice for those who want to live near the city centre and the Central Business District. The new town centre is being planned to include a central park, 100-m-wide forest corridor, community farmlands, and integrated community facilities. This area is located near the city centre, and three MRT stations are within walking distance of the site. Additionally, it is near Jurong East, a popular shopping district.
The Tengah EC community is also near the Bukit Timah Nature Reserve. It offers a scenic and lush environment. There are plenty of eateries and retail shops, offering great value for your money. The community also has an entertainment complex, a cinema and hotels. If you want to spend some time outdoors, you can head down to Bukit Timah Nature Reserve.