Executive Condominium is running out of supply in the Singapore real estate market mainly due to the limitation of land permitted to build. For the year 2018, there is only one and only new Executive Condominium launch at Anchorvale Lane. This land was bided successfully by Hoi Hup Realty Pte Ltd and Sunway Developments Pte Ltd last Septemeber 2016. Hoi Hup Sunway secured the land with a closing bid of $240,950,000. Housing Development Board (HDB) is this government land's sales agent and this — Sengkang EC is expected to accommodate up to about 635 residential units.
Purchasing an Executive Condominium is extended generally to Singaporean families, married Singaporean to a Singapore Permanent Resident. Monthly gross salary must not exceed $14,000. Rivercove EC is appealing as qualified purchasers can also get up to $30,000 Central Provident Fund (CPF) Grant to offset as part of the balance payment. "Sengkang has always been one of the top search town for potential buyers. Rivercove EC is expecting a huge crowd when it is launched in early 2018. There has been no EC since the last EC launch at The Treasure Crest. So long as Rivercove price is priced correctly, we are confident of the sales response," said Mr Mark Song, Best Deal Singapore, Project Sales Manager.
Rivercove EC come in fitted fully with top brand air-conditioners for living and dining room and to all the bedrooms. Built in kitchen cabinets with cooker hod and hood, oven, sinks and taps. Bathrooms' sanitary fittings are also provided, including towl rails and paper holders. The flooring in living and dining area, kitchen and bedrooms, imported floor finishes are provided. The entire unit will be fitted nicely and flushed beautifully, leaving minimum renovation. Rivercove EC showflat is undergoing renovation currently and is expected to be ready by the start of 2018.
Name: Mark Song
Email: Send Email
Organization: Best Deal Singapore
Address: Anchorvale Lane
Phone: +65 61001308
Release ID: 271394