The Vales EC is a New Executive Condominium located just 500m from Sengkang MRT Station.
The Vales EC is a new Executive Condominium that will be launching for sale soon in 2015. This Sengkang EC is expected to be well sought after, as it is a very rare one for a new EC – it will be within walking distance, around 500m, from Sengkang MRT station & Compass Point Mall. The Vales EC is also comfortably within 1km from Nan Chiau Primary school.
The Vales executive condo is located along Anchorvale Street in Sengkang. It has one of the best locations of all the available ECs for sale now, where access and amenities are concerned.
It is directly in front of Cheng Lim LRT station, one stop from Sengkang MRT station. So on rainy days you can hop onto the LRT instead of walking the 7 minutes or so to the MRT.
The Vales EC is also directly across the road from the upcoming Sengkang Hospital. This makes it a great investment, should you decide to sell or rent it out after you’ve stayed in your unit for at least 5 years. There is certain to be good demand from hospital staff.
The Vales EC
The Vales Executive Condominium . Highlights
The Vales EC sits in a well established HDB estate, with a complete range of amenities.
Sengkang Town Centre with its shopping mall, MRT station, public library, banks, shops, supermarket, food court, cafes, and restaurants, polyclinic & post office, are 500m or one LRT stop away.
Very quick access to the expressway: one minute drive to the TPE (Tampines Expressway). Off-peak 20 minutes drive to Orchard Road, the CBD, Marina Bay, & Changi Airport.
Nan Chiau Primary School is a walkable 650m down the road, and within the crucial 1km range for priority. Nan Chiau has a well earned reputation for nurturing students & producing results above the national average, lead by experienced & caring staff.
The Sengkang Sports Complex and Sports Centre, with its many pools & slides, and stadium are 750m down the road, bordering the Punggol River Reservoir.
Across from that is the quiet greenery of Sengkang Riverside Park, joined by a floating wetlands bridge, and leading via a park connector & cycling tracks to Punggol waterway, with its leisure & sporting activities, and the huge Waterway Point mega mall.
Economics of The Vales EC
15 to 20% (ie. around $200K to $300K) cheaper than similar new private condominiums.
First time buyers are eligible for up to $30,000 CPF housing grant.
You do not pay any agent’s fee or commission (unlike for HDB resale flats).
Historically of all residential property types, executive condos have achieved the most capital appreciation. Not only do they reflect the general appreciation of the market, but they also enjoy a greater upside as they close the gap with prices of private condominiums after the 5th year.