If you’ve decided to buy a unit at Tampines EC during launch day, you have a few options. Read our articles on Parc Central Residences EC, Tampines St. 62 EC, Bukit Batok EC, and Tampines Regional Centre EC to help you decide which development will best suit your needs.
Parc Central Residences EC
If you are considering purchasing a unit in Parc Central Residences EC, you should know that you will be required to participate in a balloting exercise. Those who are successful in this exercise will receive a ballot ticket number. There is a high likelihood that the launch day will be sold out. Nevertheless, the best way to secure a unit at Parc Central Residences EC during launch day is to get your ballot ticket number as early as possible.
As Parc Central Residences EC is situated within a mature estate, residents are able to take advantage of a variety of facilities and amenities. The nearest amenities are the Bedok Reservoir, which is located less than a mile away, as well as several schools. Those who live in Parc Central Residences EC will be able to benefit from the public transport network.
You can also apply for a job at Parc Central Residences EC. In the case of a job application, the Parc Central Residences will need your Personal Data to process your application. After receiving your application, we will carry out pre-recruitment checks and shortlist suitable candidates. We will also obtain employee references and background screening information for prospective employees. Finally, we will use this information to communicate with you and get in touch with you if you’ve been selected for the job.
Tampines St. 62 EC
One of the new executive condominiums in Singapore is the Tampines EC. Located on Tampines St. 62, this development is one of the first in the east to launch since 2012. The Tampines EC is near numerous amenities, such as the Tampines Town MRT station and the new Cross Island Line. It is also close to a 7.5-hectare linear park that will serve as a scenic link between the Sungei Api EC and Sun Plaza Park.
However, before you can secure a unit, you must first consider whether you can afford to live in a new EC. These units are available at prices that are up to 20 per cent below comparable new condos. To help you decide, let’s look at the median price of units sold last month. They were S$1,168 psf.
The EC is located near Tampines MRT station and is close to the nearby Le Quest Shopping Mall. It is not easily accessible, but the amenities are nearby. There are also a few public parks within the vicinity, but they are not very close. In the long run, this location will become a built-up area. If you don’t like clusters of HDB blocks, you may want to consider a unit near Tampines Square.
Bukit Batok EC
The best way to ballot and secure a unit at Buket Batok EC during launch day is to make sure you’re applying for a first timer’s slot. Seventy percent of EC units will be allocated to first-time buyers, and you should meet the criteria listed above to qualify. For first-timers, this means you don’t have to have purchased a HDB flat directly from HDB, and you don’t need to have taken out a CPF housing grant or any other housing subsidy.
The location is great for commuters: the MRT station is within 3 minutes’ walk, so you don’t need to spend time commuting to work or school. The neighbourhood has hawker centres and a small mall. There will also be a bus interchange within walking distance, which is great for commuters. There are many advantages to purchasing a unit in Bukit Batok EC, and the neighbourhood itself is growing fast.
If you’re a first-time buyer, the 800 ballot number is a good way to ensure that you get a unit at Bukit Batok CC. This is particularly important as prices aren’t announced until the morning of booking day. The 800 ballot number may still be useful if you’re willing to pay higher prices. It’s a good idea to plan ahead, however, because the price of your unit will only increase if you’re prepared to pay more than what’s on offer.
Tampines Regional Centre EC
The best way to ballot and secure a unit at Tampine Regional Centre EC during launch day is to visit a showflat at least once. In addition to visiting a showflat, the purchaser will also be better informed about the development and its amenities. The development is geared towards younger couples and those who earn up to $16,000 per month. The launch day itself is expected to yield up to 6,000 bids.
One of the key benefits of living in Tampines EC is the proximity to several good schools. The development is also near several public transportation hubs, including the Pan Island Expressway, Tampines East MRT station, and the nearby Tampines West MRT station. The development is also convenient for cycling enthusiasts, who can walk to school and avoid traffic, long queues, and hassles.
The prime location of Tampines EC is close to Tampines Hub, a shopping complex in the area. Tampines Hub is one of Singapore’s first integrated community hubs and is situated near the new development. This mall was first mooted in 2011, and it was completed by the end of 2016. The project’s grand opening ceremony was held in January 2017.
Tampines EC Launch Day
The Best Way to ballot and secure a unit in Tampines EC during launch day is by visiting the showflats. You can get a better understanding of the project and how it works, and you will be better informed. You can also apply for a loan at the showflats, which will help you make a better decision. Here are some tips that you should follow.
Parc Central Residences EC is a unique executive condominium that has been in the market since 2012. It is the first EC in the Tampines estate since 2012, and is situated at Tampines Street 62. It offers luxury living in a prime location near various amenities. It features a grand entrance lobby and a swimming pool, as well as 24 hour security.
During the balloting period, Arc at Tampines sold 220 units, resulting in a comparatively higher average selling price of S$722 per square foot. Among other recently launched EC projects, Arc at Tampines was the first to benefit from a higher income ceiling. And it sold more than any other recently launched EC project. The development also sold out all 28 second-time buyers that it had, resulting in a higher price tag.
After deciding to purchase an EC unit, you will need to apply for it through HDB. The developers will send an invitation to interested parties to view the showflats. Upon being accepted, you will need to pay an application fee. This fee will be a percentage of the amount of your down payment. In addition to this, you will have to pay buyer’s stamp duty for a second property.
Getting a home loan for a Tampines EC unit
Getting a home loan for a new Tampines EC unit is possible if you know what to expect during launch day. ECs in Singapore are getting more affordable and the average price for a new unit is approximately S$1,250 per square foot. You will find a wide range of ECs in this area, and you can find the right one for your budget. Here are some tips that will help you get a home loan for your new Tampines EC unit:
Buying an EC unit in Tampines during launch day is a great way to get a good deal. The price of the units is cheaper than private condominiums and is located near amenities like an MRT station and educational institutions. In addition, the condos are close to the Changi Business Park and Changi Aerospace Park. You will also get to enjoy a first-mover advantage and be in the heart of the city.
If you’re looking for a home loan for a Tampine EC unit during launch day, remember that EC units aren’t HDB condos. HDB does not offer concessionary loans, so you will need a bank loan. You’ll also need to pay a booking fee for your unit during the Option to Purchase period and an additional 20% cash/CPF for the down payment. Additionally, the mortgage loan amount is subject to the Mortgage Servicing Ratio. This means that you can only borrow 30% of your combined household income if you meet the criteria.