Notes

Copen Grand EC Showflat by CDL and MCL | Dalam EC Floor Plans & Price
The Copen Grand EC is actually a new executive condominium in the north-west of Singapore releasing easily obtainable in 2022. That will be the earliest EC development within Tengah Estate, the much anticipated upcoming new? forest city?.
Tengah Forest Town Location for Copen Grand Executive Condominium
It will also be the only executive condo within 5 minutes stroll of your MRT place in recent times. In reality, within walking distance of not only one, but three channels on the Jurong Region Line.
In addition , it is significantly less than 5 minutes go walking from Tengah city centre. Very rarely is such a plum site given to a good EC these times.
The Copen Fantastic executive condo will be being built by the collaboration of 2 established local builders, CDL and MCL Land. Both need a well-earned reputation for quality function, and a large quantity of developments under thier name. CDL is likewise no stranger to be able to executive condos, getting executed several associated with them, with the particular latest being Piermont Grand that offered out recently.
Area Centre at Tengah Park District near Copen Grand EC
This unique combination of factors? location within an exciting new? eco-friendly? estate, short walk from MRT areas and town centre, brand-name developer? makes this Tengah EC probable the most encouraging, and most sought right after, of the latest executive condos.
Take note: This is NOT an advertisement for sale.
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Copen Great Executive Condo. Task Highlights
This Dalam EC is being manufactured by Taurus Properties SG, the wholly-owned unit of a new joint venture regarding City Developments Small and MCL Area. It will consist of 628 apartments, encased in 12 obstructs of 14-storey high residential towers, set in place amidst generous landscaping.
You will see a great mix of unit types, to focus on young couples in addition to families with children, and also multi-generational people. But it will surely feature lots of family-oriented communal facilities too.
Copen Grand EC Spot Plan. Near 3 MRT Stations & Town Centre. Source URA
Located within just a short stroll of three MRT stations on typically the Jurong Region Series. From the three, Dalam station is typically the nearest, about 400m or five minutes stroll away. But Tengah Plantation station is pretty close too, at about 6 minutes stroll.
This also opportunities CopenGrand EC inside very close proximity in order to Tengah? s foreseeable future? car-free? town heart, roughly 5 in order to 8 minutes stroll away too.
Some other future developments inside the vicinity will incorporate a polyclinic, neighborhood club, sports heart, and also a bus interchange.
Besides that, twelve parcels of acquire happen to be zoned for language schools in Dalam. All of them are within 2 KM of this Tengah EC site.
URA? s master plan and eyesight to develop Dalam into an eco friendly and? smart? town causes this EC the exciting one.
Sales Expectations just for this Tengah Garden Walk EC
Going by the latest EC launches the demand for professional condominiums is even now healthy. This will be especially so continually are within walking distance of an MRT station, like regarding Provence Residence and Parc Canberra.
In fact those not close an MRT station have done fairly well. Such like Parc Greenwich in Yio Chu Kang, and Parc Core in Tampines, that will have sold out and about, or are close to be able to doing so.
Thus interest in the particular CopenGrand EC is likely to always be high. Quite separate from its close proximity for the town centre and MRT stations, it will probably be the particular first EC kick off in Tengah. For instance, it will always be the first EC launch in six years in to the west Singapore. So you will find the element of pent-up demand too.
Actually island-wide, there are not an dreadful lot of EC units available either. Most of the previous releases have sold out. Typically the only one by having an appreciable number of units left today is North Gaia in Yishun. And even the upcoming Tampines EC that can be launching inside late 2022, that could appeal more to be able to east-siders.
Evaluating Copen Grand EC as an Investment. Click to Open / Close
The Investment Perspective
For anyone who is considering this Dalam EC from a great investment viewpoint, below are some items worth noting.
Value
ECs are built with the same developers concerning private condos. But they are typically distributed at 15% to be able to 20% below with regard to comparable new private developments.
Additionally , 1st timers may turn out to be entitled to a CPF housing grant involving up to SGD$30K to offset against the cost of their very own unit.
Copen Grand Showflat
And potential buyers with outstanding mortgages may still turn out to be able to have the maximum 74% housing loan, theme to income eligibility. Those with some sort of current home currently need not give the ABSD either.
However computations for loans are established on a 30% MSR (Mortgage Maintenance Ratio). It is only slightly over 1 / 2 the TDSR (Total Debt Servicing Ratio) used for private home loans.
As such it is very good for financial circonspection. But it does indeed allow it to be hard intended for many buyers to get the optimum loan, especially for big units. (The irony is that, for private home, one could get almost twice as much loan on the same income. )
However this kind of loan restriction would not apply to second-hand executive condos. Reselling ECs, just such as any private apartment, enjoy the increased TDSR limit of 55%. This means that if you market your executive apartment after the CLEAN (Minimum Occupation Period), your buyers qualify for a better loan vs income. There is no income cap on all of them, and so they can afford to pay out a higher mess.
Interestingly though, intended for previous EC launches, the MSR performed not apparently have got hampered sales much. Even big models with quantums that will should have bust the loan limit beneath the MSR, have got sold briskly. Perhaps to second-timers get rid of with cash from selling their 1st homes. Or all those with funding from other families.
The key pull appears in order to be the truth that such major units might have price a great package more if it was a private condo. Which will probably be, inside five year? t time.
Despite it is lower PSF charges, the CopenGrand EC will be much like private condos in terms of its fittings and finishes. And that will have while complete a range of services.
However ECs normally don? t provide one bedroom models, and seldom in fact two bedders. These people are designed as well as targeted for people, as they should be owner-occupied inside the first five years.
As many of these, their layouts tend to be more family-friendly with larger kitchens, and more spacious living areas and bedrooms. These kinds of should interest purchasers looking for more room, whether as first-time owners, or in the resale market in future.
Capital Appreciation
Given their lower PSF entry prices, ECs have historically enjoyed a higher RETURN (Return on Investment). It is because resale EC prices, over period, move closer to these of its exclusive counterparts.
There might usually be a single price jump only past the MOP, when you might sell to be able to Singapore citizens in addition to PRs. Another hop is typically after the particular 10th year, if you can market without restriction, which includes to foreign customers.
It is hardly astonishing then, that executive condos, bought fresh, have achieved among the highest money gains of all the house asset classes.
Furthermore should you pick to hold on to it, in addition to buy a 2nd real estate, you can perform so without needing to pay the ABSD. Unlike intended for HDB flat proprietors, you can? de-couple? your EC holding to buy another house following your MOP, with no incurring the ABSD.
The 15 to be able to 20% lower value you purchase a great executive condo, will also act as a built-in buffer against any possible price drop. This kind of makes ECs amongst the safest expense bets.

Website: https://www.copengrand-ec.com.sg/view-showflat/