Lush Acres EC | Sengkang EC

On July 2, 2013, in Lush Acres EC, by Admin

Lush Acres is completely SOLD OUT.

Next to Lush Acres, a private condominium called Riverbank @ Fernvale will be launching for sale February 2014. Pricing will be one of the lowest for a new private condo. For exact location, see Riverbank condo location.

Lush Acres EC

Sengkang EC @ Fernvale . Near Punggol Reservoir . CLICK TO ENLARGE

 
Lush Acres EC is an upcoming executive condominium by City Developments (CDL). Located at the junction of Sengkang West Way and Fernvale Link just just a short walk from Punggol Reservoir and Sengkang Riverside Park. Its name reflects the soothing lushness of its site close to nature parks.

It also reflects the environmentally-green and low-density nature of this development. Only 22% site coverage, with only 380 units, so there is plenty of green space and water features.

Highlights around Lush Acres EC include Seletar Mall 6 minutes walk away, Greenwich V & the Jalan Kayu eateries down the road, and the Seletar Aerospace Park across the TPE (Tampines Expressway) close by.

Previously launched Sengkang executive condominiums (like Esparina, Austville and Topiary) have been rather popular, and are all sold out. If you missed getting a unit before, you might want to Apply for Lush Acres.

::

Lush Acres Executive Condominium

Artist’s Impression :: Lush Acres Sengkang Executive Condominium

::

Highlights of Lush Acres Sengkang EC

 
. Established premium developer City Developments Limited known for quality projects.

. Lush Acres EC is a beautifully designed EC with some unique features.

. Only 380 residential units – less crowded and more exclusive feel.

. This Sengkang EC will be one of the most reasonably priced new executive condominiums.

. 6 minutes walk to Seletar Mall.

. 3 minutes drive to TPE leading to CTE & KPE. Just 15 – 20 minutes off-peak to Suntec City.

. Fresh breezes from the seafront. Kite enthusiasts abound in Sengkang for good reason!

. Full & extensive condominium facilities with a 100m lap pool (double Olympic pool length).

. Farming facilities via an ‘AgriCube’, a climate controlled cabin for hydroponic & organic farming.

. 5 – 10 minutes walk to Punggol Reservoir, Sengkang Sports Complex & Sengkang Riverside Park.

Tap on its numerous outdoor activities, water sports (kayaking, jet-skiing, scuba-diving), gardens & parks with cycling & jogging tracks by the reservoir. Hang out at the promenades & waterside al-fresco cafes.

::

Economics of Lush Acres EC

 
. 15 to 20% (ie. around $200K to $300K) cheaper than similar new private condominiums.

. No COV (cash you pay above valuation of the flat; often more than the 5% EC deposit)

. First time buyers are eligible for $30,000 CPF housing grant.

. No resale levy payable for 2nd timer buyers.

. Agents do not charge buyers any fee or commission (unlike for HDB resale flats).

The Seletar Aerospace Industry Cluster nearby, and Tampines & Changi Business Parks accessible via the TPE, provide good resale and rental catchments after the 5 year MOP.

Historically of all residential property types, executive condos have achieved the most capital appreciation. Not only do they move in tandem with the general capital appreciation of the overall market, but they also enjoy greater gain as they close the gap with prices of private condominiums from the 5th year onwards.

::

Lush Acres EC Sale Launch | E-Application

Lush Acres is completely sold out, and applications are now closed. Thank you for your interest.

Tagged with:  

Comments are closed.