Why Tampines EC is undervalued Compared to Other Areas

Why Tampines EC is Undervalued Compared to Other Areas

Why is Tampines EC undervalued compared to other areas? The EC was privatised in 2013, making it more profitable than MOP. Young professionals in particular are attracted to Tampines for its affordable price tag. It is also situated in the east. Read on to learn about the advantages of buying an EC in Tampines! There are many other advantages as well, but we will look at the most notable ones in this article.

ECs are more profitable upon privatization vs. MOP

A comparison of ECs sold after privatization and those sold after MOP shows that the former were more profitable. The reason why ECs are more profitable after privatization may have to do with the longer time horizon of MOP, factoring in inflation. It may also have to do with the economic downturn. In any case, there are numerous reasons to sell ECs after MOP.

In a decade, the capital appreciation rate of ECs surpasses that of private condos. That is because the price of an EC is lower than that of its private counterpart, and it is built by a private developer. The price gap between private condos and ECs usually starts at 20 per cent. After ten years, the price gap becomes less than five per cent.

The vacancy rate of ECs is at 8.4 percent. The increased completed supply of ECs translates to a higher vacancy rate. Aside from that, some owners may purchase an EC purely for investment purposes and leave it vacant during MOP. Ultimately, this may prove to be a good investment strategy for investors. The vacancy rate will increase once the market stabilizes.

After MOP, owners can sell their ECs to Singaporeans and Permanent Residents. However, the price gap will not widen significantly unless the ECs are sold to foreigners. This is because foreigners can only purchase ECs after 10 years. In this case, ECs sold after MOP are still more attractive to locals and PRs. This difference is due to the timing of the sale.

ECs are a great long-term investment. They tend to have lower initial purchase prices than MOP and yield higher rental income. The EC price has fallen since its peak and has moved to the S$750-770 per-sf range. The 30 per cent MSR has narrowed the current demand pool. However, developers have tried to ensure that new EC units remain affordable for locals.

They are a popular location for young professionals

Young professionals who want to live in a place near major shopping centres and the airport will be interested in Tampines EC. It is near several good schools, and the proximity to public transport means that you will never have to worry about late buses, long lines, or traffic. There are several public transport routes available from Tampines EC, and the area has ample room for new developments.

As a relatively new neighbourhood, Tampines EC is still relatively undervalued compared to other areas for attracting young professionals. However, it is an up-and-coming neighborhood with many restaurants and popular hangouts. If you’re looking to live in a place close to the city, you should consider living in the Baker neighborhood. This is a cosmopolitan neighbourhood that’s close to the Central Business District and Downtown. The master plan includes a shopping mall, a multi-purpose hall, more public space, a food court, and popular fast-food outlets.

They are located in the east

If you are interested in investing in property in the EC, you should know that the Tampines Green EC is a prime area. It is near the Tampines Hub and has been recently developed to include neighbourhood parks and public spaces. Its master plan will also have improved access to the MRT system. By 2021, it should be fully built up. This is a good investment if you have a young family and want to live near amenities.

As the name implies, this area is in the centre of Tampines Transformation. The town master plan, Tampines Town Master Plan, outlines a comprehensive development scheme in the area. New neighbourhoods and projects are being planned to create a greener, inclusive community. The area is also well-connected to the rest of the city. If you are interested in investing in Tampines EC real estate, Parc Central Realty can help you find the perfect property.

Parc Central – This project, named after New York’s Central Park, is the first EC development in Tampines since 2012. It features five-bedroom flats with open-plan living and multigenerational living areas. The developer is a joint venture between Sunway Developments and Hoi Hup Realty. Sophia Hills, a project by the same developer, won several awards for its design and functionality. It received Gold at the FIABCI World Prix d’Excellence Awards.

Tampines EC is located near three MRT stations, Tampines, and Expo. It is also connected to the Downtown Line via the East West Line, and this extension will be completed in 2020. Tampines EC is home to most of Singapore’s malls outside the central area. The two major malls are Festival Walk and Our TI Hub.

The Mayfair and The Scala are two ECs near each other, but the former has a better location. Both are less expensive than Eastvale, but the former has a higher lease start date and is close to the Lorong Chuan MRT station. Eastvale is located within 1.1 kilometres of the Pasir Ris MRT station. It is also near the Hai Sing Catholic School, and Casuarina Primary School.

They are undervalued compared to other areas

In terms of price appreciation, the current EC market in Singapore is still undervalued. Prices in the prime neighbourhoods are likely to increase, as the supply of land is limited. However, the price of ECs will still be good value for money. The best selling ECs in the region include The Tampines Trilliant and Twin Waterfalls. Compared to other neighbourhoods, these ECs will likely gain in selling prices above the MOP price.

While some investors believe that the EC market is still undervalued, there are several good reasons to purchase in this neighbourhood. Among the most important factors is the proximity to the MRT station. The MRT station is only 3 bus stops away. In addition to its proximity to the MRT, this region is also convenient for commuters. The MRT station in Tampines Avenue 10 is located just 5 minutes away from the development site. However, it’s difficult to rent out your unit in the EC market for the first five years because of the regulations. In addition, the rental income from ECs may not be as lucrative as that of private condos.

As for the other factors, the EC market has been more profitable than the MOP cycle. This is partly because the ECs have longer time horizons and can benefit from inflation. However, the MOP peak was in 2013/14, and this area has only marginal gains. So, before acquiring property in Tampines, make sure you take a close look at the performance of other ECs in the vicinity.

Located near the Tampines MRT station, this neighbourhood is easily accessible from the airport and the downtown. There are also reputable schools, parks and public transportation. It is also a good choice for young couples or working professionals, and is close to the new Cross Island Line, a rail transit project that is planned to serve the entire city. It will also be convenient for commuters to take the MRT from downtown to Jurong Industrial Estate.

Midwood Condo Located Near to Dairy Farm Nature Park

Midwood is the ideal point to start with anything including nature parks that add to organic charm. The facilities of good lifestyle could be found next door. It is located at the heart of public transport networks with Hillview MRT Station very close to your home and the BKE and PIE within few minutes of drive. It has nearby school and medical facilities at Ng Teng Fong General Hospital.

Midwood lies between nature enclaves of hike and leisure walk. At a short distance, Bukit Batok Town Park or Little Guilin, Dairy Farm Nature Park which has a wonderful landscape, outdoor exercise opening diversity of experiences.

Midwood by Hong Leong Holdings Near to Hillview MRT Station and hillV2 Shopping Centre
Midwood by Hong Leong Holdings Near to Hillview MRT Station and hillV2 Shopping Centre

Midwood Condo Located Near to Dairy Farm Nature Park

The intricate facade enhances its appearance and attracts all the people around it. This may be a person traveling from outside at the towers or entertaining himself from the pool inside. The beautiful plants and green nature add to its appearances and make a perfect scene to view for everyone.

The Dairy Farm Nature Park packs a variety of amazing experiences on its 63 acres of land. On the southwest coast lies a beautiful swampy area that was once the center of Singapore. The former granite quarries are located within the area, lending the design promotion to the outsiders of Midwood. Continue exploring your environment near the Bukit Timah Nature Reserve. Home to the highest natural environment and the first rainforest that survives the island, it has one of the richest natural systems and the most diverse ecosystems.

Being close to the park and the Rail Corridor (Central) opens up many opportunities for exploration in the wild. Located on the outskirts of Hillview station and King Albert Park Downtown Line MRT, the section between the 24km railway will reappear as three different parks available: Heritage and Culture, Biodiversity and Greenery, and Recreation. Closer to these exciting changes, your home in Midwood will put you in a place of real desire. Your neighborhood is blessed with many shopping and store options, many close to your door range.

Midwood by Hong Leong Holdings Near to Hillview MRT Station and hillV2 Shopping Centre (8)
Midwood by Hong Leong Holdings Near to Hillview MRT Station and hillV2 Shopping Centre (8)

Midwood Condo Near to HillV2 and Bukit Timah Market

Across the road from HillV2, you can take your pick to specialty restaurants and fine restaurants that offer regional cakes, desserts, and spirits. You will find a great store with hair services, beauty, medical facilities, dental care, and pets. Go a little further, Rail Mall is an excellent choice when looking for a list of simple extensions. If you look at a fresco restaurant, this charming place with a retro-cool vibe and a relaxed atmosphere will not disappoint you. For a quick lunch, breaks, and dinner money, Bukit Timah Market is a real food eater especially for local restaurants and daily delicacies.

When it comes to international and local schools, parents will enjoy a wide selection of places nearby – CHIJ Our Lady Queen of Peace, St Francis Methodist School, German European School Singapore, and Pei Hwa Presbyterian Primary School, to name a few – all accessible within minutes.

The arrival stage features beautiful scenery, magnificent architecture, and architectural details that cover the open space. Wide access enhanced by high-quality safe roads will greet you and your guests as you enter the development. Think of life, meditate in the sky, or just lock yourself in a place and relax in the clear water of a pool over 50 feet [50 m] high. Vistas are endless and unrestricted before you are perfect for a peaceful experience. When it’s time to start a good time for the beat, go down to the pool to relax on the first floor.

Midwood by Hong Leong Holdings Near to Hillview MRT Station and hillV2 Shopping Centre (19)
Midwood by Hong Leong Holdings Near to Hillview MRT Station and hillV2 Shopping Centre (19)

Midwood Condo Near to BBQ Pits and Other Developments in Singapore

In Midwood, you don’t need to leave to have fun outside, the tennis court and the outdoor corner of the gym allow you to break out in a sweat without going too far. Or you could make your way to a well-equipped gym to meet your fitness goals. No matter how much space there is, you will be given the vibrating, energetic, and free energy that Midwood offers.

Panoramic vistas and open walkways are invitations to make the most of your outdoor exploration. A very open yard facilitates natural and seamless movement in the spaces. Enjoy free al fresco moments at any of the BBQ pits, and at the clubhouse closest to the lounge pool. All kinds of events and celebrations are carefully considered so you will have restaurants for a cozy event or cocktail party. Little ones are never left out, let them go into their children’s pool, or use their unlimited art for a little fun on the public lawn. And in those cases where there is a need, there is a child care facility in the facility that caters to your needs.

Home is a harmonious mix of light and space for real relaxation and entertainment. The wide balcony offers an open view, outdoor view, and amazing natural light instantly enhances the sense of openness.

When it comes time to relax, there is a calm interior that is carefully decorated. Then there is the feeling of great calm that may simply cause you to be reluctant to get out of bed in the morning. Amazing privacy with a bath experience that goes beyond the intensity of the comfort. The overall design has thoughtful details, including a wardrobe that comes with smart storage.

Kopar at Newton MRT Station Near to Kampong Java Road

Kopar at Newton apartment is near many shopping centers in the areas of Kampong Road. For instance, the famous Goldhill Plaza and Velocity are situated near Kopar at Newton’s residence. Kopar Newton Condo sits near Istana in Singapore, where many families are outdoors for residents to spend quality time with their families.

Kopar at Newton Near to Newton MRT

Kopar at Newton is developing a new apartment located directly in the center of Newton by Chip Eng Sing. The development site is a land situated right close to the Newton subway station with a full range of services available directly at your door. Located in the Newton area, Kopar has a wide range of outlets located in the Newton Hawker Center, as well as several exclusive restaurants situated in the many shopping centers available. A unique experience comes for you at Kopar in the middle of g. Kopar at Newton represents one of the largest plots of land for sale in Newton with a total of 125,326 square feet of land area and a total gross land area of 350,914 square feet. That is one of the largest plots close to the Newton subway station that is close to facilities.

Kopar at Newton Near to Newton Kampong Java Road

 

Kopar can be accessed at Newton Kampong Road through the interchange of Newton MRT station for the South-South line and the Downtown line. Also, for bus owners, there are buses along Kampong Java and Bukit Timah. For those who travel to the place, Kopar MRT Station is close to Central Expressway.

At Kampong Java Road, Kopar at Newton has complete and unique facilities. The apartment facilities offer total family entertainment needs for your family and loved ones. Enjoy a quiet and serene lifestyle in the middle of Newton. Chip Eng Seng, the property and construction developer, listed in Singapore, presented the highest offer of 5,418.8 million plots on Kampong Java Road.

Newton MRT Station Newton Hawker Centre

 

It is located on a privileged plot close to Newton subway station, a convenient investment for CELH Development, which seeks to renovate its real estate banks. The most recent launches are far from transport for public or not in the city center, but the Kopar MRT station is in the heart of the city. Some shopping centers near Kopar at Newton include United Square Center for Shopping, close to the Novena subway station. Compared to other safe neighborhood locations, such as Cobar in Newton seems to be undervalued given the leading development site.

Avenue South Residence Location at Central Business District

This is a development under the UOL Group, United industrial corporation (UIC) and Khen Leong Company (KLC). Avenue south residence is located 2km away from the Central Business District. People who prefer quieter and serene neighborhoods this is your dream destination. Under Singapore Improvement Trust (SIT) the place has conserved 5 buildings from where Singapore’s heritage is preserved. From Avenue south Residence you have access to the supreme view of the Greater Southern Waterfront. When inside Avenue South Residence you have unified access to all of Singapore.

Avenue South Residence Central Business District

Avenue South Residence Singapore occupies a residential area of 245,972 square feet comprising of 2 massively high towers. The tower contains 56 storeys which oversee the Central business district. With a lot of project in progress and some complete Avenue South residence will give you a calm and unique living experience. The following are the features within the development.

Avenue south residence features function rooms, indoor gyms, tennis court, and clubhouses. The development is easily accessible because it is located near Outran station which acts as an interchange to multiples MRT lines in Singapore. The development is also located near the upcoming Cantonment MRT. Along Bukit Merah road and Kampong Bahru road you will have access to bus services for those who like buses.

Avenue South Residence Location Near to Tiong Bahru Plaza

Located within Avenue South Residence is the Tiong Bahru Plaza. This plaza has the ability to accommodate both the old and the young when they are doing their shopping. The plaza is easily accessible due to the presence of the Tiong Bahru station. The mall is capable of serving the very big population of the student from schools near the mall. The mall also serves business executive from the central plaza.

Greater Southern Waterfront Residential and Investment

The greater southern waterfront is a project which is expected to attract more investors to the area. This new district hosts residential and commercial activities which have drawn both youths, students, and professionals to the area. This development which is located next to Cantonment MRT station is expected to promote office, hotels, and retail businesses. This is going to be made possible by this varying crowd accessing development.

If you are an investor planning to invest your next destination should possibly be the Greater Southern Waterfront. For those who want to live a unique and dream lifestyle then Avenue South Residence is the place you should think of. There are no barriers to prevent you from either living or investing at these premises.

The Woodleigh Residences Mix Development

Working in Singapore is the real challenge for hard workers. Singapore is not a big country, as compared to other South East Asian countries. But, it is proven to be the main destination for students, who demand the best education, as well as expatriates whose real aim is triumphant career. Consequently, it is not surprising to see a great number of immigrants in Singapore, in which the majority of them are expats. They never miss their chance in finding the most reliable apartment, surrounded by MRT stations, shopping centres, and business districts. The development is by Singapore Press Holdings.

The Woodleigh Residences Mix Development

They look no other than The Woodleigh Residences Mix Development. They have proven that they are choosing the right place to dwell, thanks to the high-end facilities in this residential and commercial condominium. Located at the Upper Serangoon Road, The Woodleigh Residences is proud of its location in the core of public facilities like Woodleigh MRT Station and Woodleigh Bus Interchange. . Shopaholics also find this place beneficial as popular shopping venues like The Poiz Centre, The Venue Shoppes, and Nex Shopping Mall are stone away.

However, The Woodleigh Residences is also the most favourite dwelling place for families. Not only because of its perfect location nearby highly reputable schools for all grades, but also its outright amenities within the complex. Children playground, swimming pool, sports centre with tennis courts and gym, are only to name a few among a great number of top-notch facilities here. Even if The Woodleigh Residences is located in the core of the city, it doesn’t take the inhabitants’ convenient living for granted. It ensures serene ambiance for them to relax, while they can witness the enchanting city views from each unit’s balcony.

The Woodleigh Residences Woodleigh MRT Station

The Woodleigh Residences is a newly built Mix Development by Singapore Press Holdings and Kajima Development and situated right next to Woodleigh MRT Station. The land is on 99-year lease and the highest bid for the land was submitted by Callisto 1 and Elara 1, subsidiaries of Singapore Press Holdings and Kajima Development. The top bid for the prime residential and commercial units was $1,132 million.

The developers are confident of the Singapore’s real estate market considering several bids were submitted for the project and since it is located right next to MRT Station, makes it an ideal real estate investment destination in Singapore.

The floor plan of the buildings is available in 1, 2 and 3 bedroom units. Those that are on the 6th floor and above will have an unblocked view, while lower floors will either face Bartley Road or the Upper Aljunied Road.

This majestic development together with its amenities and other conveniences make Woodleigh Residences an ideal place to start a family. Basic necessities are within reach and the place is intended to become a sustainable community which makes raising a family here a practical approach to living.

The Woodleigh Residences Woodleigh MRT Station

The last but not the least, The Woodleigh Residences is also proud of its eco-friendly construction development which ensures total comfort, not only for dwellers, but also for the city’s population.

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