reporter2
07-11-14, 16:06
http://www.straitstimes.com/premium/money/story/two-new-ecs-being-launched-20141107
Two new ECs being launched
Published on Nov 7, 2014 1:10 AM
By Rennie Whang
DEVELOPER Qingjian Realty's Bellewaters executive condominium (EC) in Sengkang goes on sale today, while Kheng Leong has announced that the Terrace EC in Punggol will hit the market next week.
Pricing at Bellewaters starts at $744 per sq ft (psf), which would see a three-bedroom unit go for $722,000 or more.
Mr Li Jun, the general manager of Qingjian Realty (South Pacific), said this level is "affordable for EC purchasers".
The project is located near Compass Point, the upcoming Sengkang General Hospital, Seletar Aerospace Park and Tampines Expressway, added Mr Li.
Four-bedders start at $864,000, while "CoSpace" units, which give home-buyers the option to combine the utility and study rooms, will go from $937,000.
The sales gallery at The Terrace will open next Friday, with E-applications from Nov 21 to 30 and bookings from Dec 7.
Kheng Leong said yesterday that The Terrace is "poised to benefit from Punggol's strong and continued growth".
Plans for the new Punggol Downtown area include a learning corridor to house educational institutions as well as a creative cluster for commercial activities.
Indicative pricing for The Terrace, which has 747 units, ranges from $770 to $840 psf.
The project has a mix of three-, four- and five-bedroom units, which vary in size from 1,001 sq ft to 1,711 sq ft.
Prices at Bellewaters are a tad lower than those at Qingjian Realty's other EC project, Bellewoods in Woodlands, launched last Saturday at $750 to $820 psf.
Of the four ECs that have announced prices over the past two months, Lake Life in Jurong is the most expensive on a psf basis, with flats priced at $799 to $930 psf.
[email protected]
Two new ECs being launched
Published on Nov 7, 2014 1:10 AM
By Rennie Whang
DEVELOPER Qingjian Realty's Bellewaters executive condominium (EC) in Sengkang goes on sale today, while Kheng Leong has announced that the Terrace EC in Punggol will hit the market next week.
Pricing at Bellewaters starts at $744 per sq ft (psf), which would see a three-bedroom unit go for $722,000 or more.
Mr Li Jun, the general manager of Qingjian Realty (South Pacific), said this level is "affordable for EC purchasers".
The project is located near Compass Point, the upcoming Sengkang General Hospital, Seletar Aerospace Park and Tampines Expressway, added Mr Li.
Four-bedders start at $864,000, while "CoSpace" units, which give home-buyers the option to combine the utility and study rooms, will go from $937,000.
The sales gallery at The Terrace will open next Friday, with E-applications from Nov 21 to 30 and bookings from Dec 7.
Kheng Leong said yesterday that The Terrace is "poised to benefit from Punggol's strong and continued growth".
Plans for the new Punggol Downtown area include a learning corridor to house educational institutions as well as a creative cluster for commercial activities.
Indicative pricing for The Terrace, which has 747 units, ranges from $770 to $840 psf.
The project has a mix of three-, four- and five-bedroom units, which vary in size from 1,001 sq ft to 1,711 sq ft.
Prices at Bellewaters are a tad lower than those at Qingjian Realty's other EC project, Bellewoods in Woodlands, launched last Saturday at $750 to $820 psf.
Of the four ECs that have announced prices over the past two months, Lake Life in Jurong is the most expensive on a psf basis, with flats priced at $799 to $930 psf.
[email protected]