Singapore is considered to be a safe haven by many property buyers looking to purchase executive condominium. The stability of the economy and political environment allures investors and other individuals to buy EC in Singapore. The investors find it attractive to buy in the global hotspot where numerous multinational companies gather to set their shops. The builders have built many EC condos that are both luxurious and affordable keeping these reasons in mind. There is also a surge in the purchase of condos despite the Covid situation. There are many important EC condos located in Singapore like Parc Greenwichthat allows the buyers to enjoy privacy in their spacious homes. In this post, we are going to see such important EC condos that are available for you to buy in Singapore.
What are the advantages of buying an EC Condo?
EC condos are considered to be a great option if you belong to the upper middle class. This opinion is totally based on the cost of the EC when compared to other options. The cost of an executive condominium is much lower than a private condominium. But it still has all the facilities available just like if you stay in a private condo. Thus from the affordability perspective, EC are considered to a boon to middle class people. Also, if you are a Singaporean, then you can buy the EC at lower rates with help of grants. After ten years, the EC will become a private property which means you can sell it for a higher price to anyone.
Few of the Important EC Condo in Singapore
Singapore has many EC condos like Parc Greenwich, built with a specific vision to give people a better quality homing solution filled with all facilities. You will be able to keep your privacy along with enjoying the recreational zones, swimming pools that are inside the property. Each condo will be bigger when compared to private condos. Now let us see a few important condos that are attractive in their infrastructure and pricing.
Parc Greenwich EC Condo in Fernvale
A project of Frasers property, Parc Greenwichis a superb development situated in Fernvale. There are about 496 condo units along with two club houses and eight recreational centres. This property is located in the district 28 which is speculated to grow tremendously due to the north region development program. Many schools, hospitals and other such necessary amenities are just a stone’s throw away from this property. The builders are known for their reputation and have projects done successfully in other countries like UK too.
If you are interested in buying this EC condo, then you can look for Parc Greenwich balance units. Frasersproperty has built this property with the needs of people in mind. You can access this EC condo easily without any hassles since there are railway stations and bus stops nearby.
Sea Horizon in District 18
Sea Horizon developed by Hao Yuan Development Pte Limited is a great choice if you like a view of the sea. He beach is only ten minutes away from this sea horizon condo. There are about 495 units in sea horizon situated in district 18. You don’t have to worry about transport as Paris Ris MRT is just fifteen minutes away. There are many diners and shopping facilities nearby.The EC condo can be bought for a tenure of 99 years leasehold.
Waterbay in District 18
With 383 EC condo units, waterbay is located near Punggol digital district. It is highly accessible with about 8 bus stops within the five minute walking range. There is also a MRT nearby Waterbay condo. This is also available for a 99 year leasehold like most other condos. Edge Field Plains in district 19 is the home to this chic condo property. Developed by Quingjian property developer private limited, this condo unit comes with many amenities like pool, tennis courts, bbq pavilion, children’s lounge, hydro gym and club house. There are many eateries and educational facilities nearby this beautiful Waterbay property.
Lush Acres in District 28
Located in district 28, this Lush Acres property has 380 units of EC condos. Developed by Verspring Properties Pte limited. This condo is located near Senkang and has 25 floors. With outdoor fitness corners and jogging tracks, this Lush Acres condo has it all. It is strategically placed to give its residents accessibility all across the city with six bus stops and two MRT stations nearby. Also, if you want to dine and shop, there are many facilities available nearby. There is also a 24 hour security to keep the residents safe in Lush Acres.
We have summarized few important points about the benefits of buying EC condos in Singapore. Also, we have seen some important EC condo in Singapore that are worth your money like Parc Greenwich condo. We wish you all the best in your purchase of EC condo in Singapore!
