The Vales Executive Condominium is a 99-years leasehold EC development located at Anchorvale Crescent in District 19. With expected completion in Feb 2018,it is situated right beside Cheng Lim LRT Station & a stone throw away from Sengkang MRT Station. This development comprises of 9 towers with approximately 517 units and stands 15 storeys tall.
Some Highlights of the projects
• 7 minutes’ walk to Sengkang MRT / bus interchange, Compass Point
• Direct/doorstep access to Cheng Lim LRT
• 1 stop to upcoming Waterway Point
• 2 LRT stops to Seletar Mall
• Future integrated Sengkang General & Community Hospital( Targeting 2018) with various facilities, cafes and retail outlet. A seamless and comprehensive medical facility providing Specialised Healthcare in the North-eastern region of Singapore
• Within proximity to TPE / CTE / KPE
• Within 1km to Nan Chiau Primary School
• Proximity to commercial & recreational activities at Riverside Park, Punggol Waterway/Watertown, Seletar Aerospace Park
The Vales EC is also near to the upcoming Seletar Mall as well as the communal facilities in the future Sengkang Community and General Hospital.
Moreover, the Sengkang area has further develop with the new Seletar Aerospace Flyover that has opened on 16 May and this will enable drivers to drive directly into Central Expressway (CTE) as well as Tampines Expressway. Residents living in The Vales EC can expect direct connections via the expressways to other parts of Singapore and thus connectivity has increased for the Sengkang area.
Executive Condominiums (EC) were introduced to cater to Singaporeans, especially young graduates and professionals who can afford more than an HDB flat but find private property to be out of their reach. ECs are comparable in design and facilities to private condominiums as they are developed and sold by the private developers.
Executive Condominiums in essence is a Full condominium subsidized heavily by the government for eligible applicants with certain rules & regulations to abide. On average, ECs are about 20% to 30% cheaper than neighbouring private condos, therefore presenting itself as an extremely value for money investment or home. As Minister of National Development Mr Khaw Boon Wan said, “…It’s like offering you a Lexus at a price of a corolla… and they know in due course, the price will go up to Lexus & above Lexus level…”
Anchorvale Residences Pte. Ltd. / (Phoenix Real Estate Pte Ltd)