October 10, 2024

Comparing Copen Grand With Tengah Park MRT EC

Choosing between the two condominiums in Singapore is a big decision, and you have to consider some important things. These factors include proximity to public transport and primary schools, as well as floor plans and energy management systems.

Near public transport

Compared to Copen Grand, what do we have to look forward to in Tengah? Copen Grand is one of four ECs planned for the west, and is the first in the area to break S$600.

Copen Grand is a joint venture between City Developments (CDL) and MCL Land. The two developers have a proven track record of building quality homes across Singapore and Malaysia. The project was launched in October 2022. It sold 465 units at launch.

The executive condominium is aimed at families. It is situated close to public transport and major bus interchanges. Its units are positioned in a north-south orientation. These units are designed to …

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Why are Singapore ECs Getting Popular Among First Time Buyers

ECs are fast becoming a popular choice among first time buyers in Singapore. They are affordable and located in areas where land prices are lower. As well, ECs qualify for CPF housing grants. This makes ECs a great hybrid between public and private housing.

ECs are affordable

The EC market is booming in Singapore. As a result, prices are much lower than those of private condominiums. However, the market is not for everyone. There are a number of restrictions for EC buyers. For starters, they must meet a five-year Minimum Occupancy Period before selling their units. Secondly, they must be Singapore citizens or permanent residents before they can sell their unit. Finally, foreigners are not allowed to buy ECs until a development has been fully privatised.

As a first-time buyer, you might be wondering how affordable ECs are in Singapore. In general, ECs are subsidised condos and come with housing …

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