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We provide new EC launch updates:

Mar 20, 2012

Fernvale Lane EC

New EC Launch: Fernvale Lane EC


This is a 2012 update on Fernvale Lane EC (executive condominium). There will be a new executive condominium project coming up in Fernvale Lane in Singapore in 2012 or 2013.

Fernvale Lane EC Land Site Sale Details

Fernvale Lane EC Particulars of Land Parcel

Fernvale Lane EC Location : Fernvale Lane

Fernvale Lane EC Proposed Development : Executive Condominium Housing Development

Fernvale Lane EC Site Area : 21,999.90 sqm

Fernvale Lane EC Permissible Gross Floor Area
[Gross Plot Ratio] :
Maximum - 76,999.65 sqm
Minimum - 69,299.69 sqm [3.5]

Fernvale Lane EC Project Completion Period : 48 months from the date of acceptance of tender

Fernvale Lane EC Lease Term : 99 years




This new EC launch details are subject to change.

Admin

Mar 12, 2012

Upper Serangoon Road EC

New EC Launch: Upper Serangoon Road EC Land Sale Detail



This is an update on Upper Serangoon road Executive condomionium project detail.

Upper Serangoon Road EC Date Tender Launch= 19/1/2012

Upper Serangoon Road EC Date Tender Closed= 1/3/2011

Upper Serangoon Road EC Date Tender Awarded= 6/3/2011

Upper Serangoon Road EC Land Parcel= Hougang E5

Upper Serangoon Road EC Street Name = Upper Serangoon View/ Upper Serangoon Road

Upper Serangoon Road EC Land Area (sq m)= 12,392.20

Upper Serangoon Road EC Proposed Devt Type=EC

Upper Serangoon Road EC Lease Term (years)= 99
Upper Serangoon Road EC Permissible GPR= 3.5
Upper Serangoon Road EC Max. Gross Floor Area (sq m)= 43372.70
Upper Serangoon Road EC Min. Gross Floor Area (sq m)= 39035.43
Upper Serangoon Road EC Successful Tenderer's Name= Ho Lee Group Pte Ltd & Evia Real Estate Management Pte Ltd

Upper Serangoon Road EC Tender Price= $141,480,000

Upper Serangoon Road EC ** No. of Bidders= 7
Upper Serangoon Road EC Project Name= not available


This new EC launch details are subject to change.

Admin

Mar 8, 2012

2012 Punggol Way / Punggol Walk EC

New EC Launch: 2012 Punggol Way / Punggol Walk EC



This is an update on 2012 Punggol Way / Punggol Walk EC. These new Executive condominium units are likely coming up for public launch in 2012 or 2013.

Particulars of 2012 Punggol Way / Punggol Walk EC Land Parcel

2012 Punggol Way / Punggol Walk EC Location : Punggol Way / Punggol Walk

2012 Punggol Way / Punggol Walk EC Proposed Development : Executive Condominium

2012 Punggol Way / Punggol Walk Ec Site Area : 18,704 sqm

2012 Punggol Way / Punggol Walk EC Permissible Gross Floor Area [approx. Gross Plot Ratio] :
Maximum – 56,112 sqm [3.0]
Minimum – 50,500.80 sqm

2012 Punggol Way / Punggol Walk EC Project Completion Period : 48 months from the date of acceptance of tender

2012 Punggol Way / Punggol Walk EC Lease Term : 99 years


This new EC launch details are subject to change.

Admin

Mar 5, 2012

Second-Time Buyers Get More EC Chances

New EC Launch: Second-Time Buyers Get More EC Chances


This 'Second-Time Buyers Get More EC Chances' post is a news update for you.

In brief, National Development Minister Khaw Boon Wan announced plans to change the balloting ratio for second time buyers of EC (executive condominium) units on 2 March 2012 during debate in Parliament.

Second time buyers of new EC properties will get 30 percent of units in a new Executive Condominium instead of the current 5 percent limit now.

The statement from HDB site:

"Allocation of ECs to increase 6-fold from 5% to 30%

HDB will also increase the second-timer allocation of new EC units in a project from 5% to 30%, to match the prevailing profile of EC applicants. This allocation applies during the first month of public sales launch for EC projects.

We will apply the revised allocation with immediate effect to all EC projects, including those which are currently within their first month of public sales launch and those pending public sales launch. "



This EC news update is meant for personal use.

Admin

Mar 1, 2012

2012 Pasir Ris New EC

New EC Launch: 2012 Pasir Ris New EC


This is an update on 2012 Pasir Ris New EC.

The Housing & Development Board (HDB), as the Government’s land sales agent, launched the land parcel at Pasir Ris Drive 3 / Pasir Ris Link for tender on 25 Aug 2011.

2012 Pasir Ris New EC Location: Pasir Ris Drive 3 / Pasir Ris Link

2012 Pasir Ris New EC Proposed Development: Executive Condominium Housing

2012 Pasir Ris New EC Site Area: 18,576.1 sq m

Maximum GFA [GPR]: 39,009.81 sq m [2.1]

Estimated Dwelling Units: 390

2012 Pasir Ris New EC Lease Term: 99 years

The site has been awarded to Ho Lee Group Pte Ltd & Maxdin Pte Ltd, at the tender price of $122,200,000 on 12 Oct 2011.

This new EC launch details are subject to change.

Admin