6 Reason Why Anchorvale Crescent EC will be a Successful Investment Portfolio Builder

The investment opportunities in Singapore is an irresistible offer when it comes to the executive condo.

Following the announcement by MND Minister Mr. Wong, they will not unwind the cooling measure as of now, most of the property buyers started their home hunting trend since April.

I understand that most of the readers may not be familiar with Anchorvale Crescent.

However, you should read my full article to get my points of why executive condo along Anchorvale Crescent is worth more than just a roof.

treasure-crest-location
Treasure Crest E-app

A study by property consultancy firm OrangeTee proves that in the longer term, the EC would prove to be a better investment. OrangeTee’s analyst Celine Chan explains that this is mainly due to the lower initial purchase price and the inflow of cash due to rental income (year 6 to year 10) as restrictions are lifted.

Remember, this was how the Park Green and Nuovo sales came by years ago and many buyers procrastinated. Those houses went on to sell for more than double of the original price.  So, please, don’t wave aside this clean and green opportunity only for Singaporean.

I congratulate those buyers that have gotten their units in any executive condo sales. This article is to enlighten readers that are yet to decide if executive condo at Sengkang is a good deal or not.

Here are my two cents on the 6 reasons why Anchorvale Crescent EC is a great opportunity not to be missed:

#1. It has Great Accessibility

Motorists are easily connected to the rest of Singapore by accessing the CTE, TPE and KPE.

Well Connected to Expressway from Anchorvale Crescent

Anchorvale Crescent EC is well-served by the North-East Line. Located in the north-eastern region of Singapore, Anchorvale Crescent is linked to the new green lung, Sengkang Riverside Park where the residents can relax and spend your quality time with friends and family.

sengkang-mrt-travelling-time

Anchorvale Crescent EC is just 2-min walk to the Cheng Lim LRT station which is only 1 station away from Sengkang MRT station.

It is very convenient to travel to the rest of Singapore from Sengkang MRT station as the followings:

Destination
(MRT Station)

Travel Time
from
Sengkang MRT
Number of
Stations
Serangoon
Interchange
9 min 4
Little India
Interchange
20 min 9
Dhoby Ghaut
Interchange
22 min 10
Chinatown
Interchange
24 min 12
Outram Park
Interchange
26 min 13
Harbourfront 29 min 14
Raffles Place 26 min 12
Orchard 25 min 12
Changi 34 min 14

#2. It is close Top School and Education Institution

It is 6-min walk to Nan Chiau Primary School.

Nan Chiau Primary is known over the years for its 100% PSLE passing rate in Singapore.

There will be a future secondary school and a junior college along Anchorvale Crescent EC.

Having a top school nearby is a bonus for the neighbourhood and residents alike.

nan-chiau-primary-school
treasure-crest-map

#3. The Price is Affordable

New price tag for EC is $1,000psf to $1,100psf.

#4. It has Potential Price Appreciation

Refer to the past history, there is huge room for appreciation of the executive condo price after the five years MOP or after privatization.  From the records, many units of the executive condo sold for over double their original price after attaining privatization.

At privatization, all the EC projects were profitable but here are the developments which stood out:

Rank Project Name Location Completion Average Profit
Upon Privatized
1 Bishan Loft Bishan 2003 + 166%
2 The Dew Bukit Batok 2003 + 123%
3 Nuovo Yio Chu Kang 2001 + 120%
4 Park Green Buangkok 2001 + 118%
5 The Eden Tampines 2003 + 110%
6 Whitewater Pasir Ris 2005 + 110%
7 Lilydale Yishun 2003 + 106%
8 The Esparis Pasir Ris 2005 + 98%
9 Summerdale Jurong West 2000 + 57%
10 The Floravale Jurong West 2000 + 49%

‘Buying a Toyota, selling a Lexus’

The executive condo is really a wonderful scheme, it protects middle-income Singaporeans from competition and ensuring very market-friendly way of allowing them to buy a condominium at very affordable prices.

I can give you an analogy, it’s like offering you a Toyota at Lexus price. But only Singaporean has the privilege by doing so, and they know that in due course the price will go up to Lexus or above Lexus.

It is no surprise why some buyers see executive condo as an investment opportunity not to be missed.

#5. It is situated in a Well Planned Town

A new town in the making, Sengkang is now seen as a highly desirable place to live, work and play. New homes will be developed as we progressively embark on our plans to develop Sengkang.

• Sengkang Sport Complex

sengkang-sport-centre

• Sengkang Riverside Park

More amenities will be provided in Sengkang to ensure a comfortable living environment:

• Compass One shopping mall next to Sengkang MRT will open in September 2016

• Sengkang General Hospital and Community Hospital will open in 2018

waterway-point

More options for shopping and dining for the residents in Sengkang can look forward to easy access to Waterway Point which is just one MRT station away.

#6. Nice Layout

Most often we could find the bad layout in some of the show flat, whereby the kitchen or the bedrooms are too small.

But this would not happen in Anchorvale Crescent EC

I have seen the show flat of the EC whereby the nice layout of the unit makes it seem larger than they actually are.

The kitchen is squarish, the dining room is able to put in a dining table with 6 to 8 seater, the common bedroom is approximately 9 square meter, etc.

In all, I believe you have read it all for yourself. Anchorvale Crescent EC is an irresistible offer to build your successful investment portfolio. Work out a financial plan before you can book a stake in this project.  Don’t miss out of this great opportunity.

Credit: SBR , EdgeProperty

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Rivercove Residences EC

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