The tender for three executive condominium housing development sites closed on Tuesday with the land parcel at Yuan Ching Road drawing a whopping 16 bids. This is the highest number of bids for an executive condominium site in 16 years. Meanwhile, the land parcels at Punggol Central and Punggol Drive drew eight and six bids respectively. The top bid for the Yuan Ching Road site came from a...
Executive Condominiums (EC)
Demand for executive condominiums (ECs) has remained buoyant, with another such private-public housing development receiving a robust response at its opening weekend. The 380-unit Lush Acres in Sengkang by City Developments was oversubscribed by about 1.6 times as of Sunday, the developer said yesterday. The announcement followed the launch a week earlier of Ecopolitan in Punggol by Qingjian Realty,...
Lush Acres, a new 380-unit executive condominium (EC) project in Sengkang, has received strong interest from home hunters. City Developments says the project has been oversubscribed by 1.6 times since it opened for application over the weekend. Application closes on 21 July and bookings will be conducted on 17 August. In view of new EC guidelines introduced earlier this year, Lush Acres will not...
City Developments (CDL) will be opening e-applications for its new executive condominium (EC) in Sengkang, Lush Acres, on Saturday. Applications for eligible buyers will be open until July 21, while bookings will be held on August 17. The 380-unit development will offer a range of three to five bedroom apartments. The condominium will also feature a small hydroponics farm for residents to grow...
Ecopolitan, the latest executive condominium in Punggol, has attracted more than 1,000 applications for its 512 units at the close of e-applications on Sunday. This is the highest number of applications received this year for an EC. The eight-block residential development, located along Punggol Way and Punggol Walk, is the first project to be affected by new EC development rules. Ecopolitan features...
Ecopolitan, the latest executive condominium in Punggol, has attracted more than 650 applications for its 512 units since applications were opened last Friday. The eight-block residential development, located along Punggol Way and Punggol Walk, is the first project to be affected by new EC development rules. It is developed by China-based Qingjian Realty (South Pacific) Group. The company's...
Prospective home buyers can apply for a unit at Ecopolitan, a new executive condominium (EC) project in Punggol from June 28. But don't expect to see any private roof terraces or super-sized units. The 512-unit development is the first project that's affected by new EC guidelines introduced by the government in January this year. China-based property developer Qingjian Realty is set to roll out...
Two-storey maisonettes look set to pop up in new executive condominium (EC) projects. In Sembawang, one such project at the junction of Sembawang Crescent and Sembawang Drive will have 28 maisonettes. The price for the units has yet to be fixed, but each maisonette will occupy 1,709 square feet. Another project in Punggol East is expected to have 10 maisonettes. Director of property firm Chris...
Some executive condominium developers said they have seen an increase in sales since National Development Minister Khaw Boon Wan hinted at changes to the scheme in April. Developers of the Watercolours EC project in Pasir Ris have sold 21 units in the last two weeks alone -- it sold only 29 units in the whole of April. The project was launched in June 2012. As for One Canberra in Yishun, its sales...
An executive condominium (EC) site in Woodlands has attracted seven bids from developers, according to the Housing & Development Board (HDB). The 99-year leasehold site at Woodlands Avenue 5/Woodlands Avenue 6 fetched a top bid of S$216 million from Qingjian Realty (South Pacific) Group. That's about 9 percent above the second highest bid of S$198 million tabled by Bellevue Properties, a wholly-owned...