ABOUT ANCHORVALE CRESCENT NEW EXECUTIVE CONDO SITE

A 99-year leasehold area designed for an executive condominium (EC) home development right in Anchorvale Crescent was set to be launched straight from Government Land Sales (GLS) Programme reserve list.

Anchorvale Crescent site, stands on the approximation of 1.71 ha or 17,100 sqm land area, with 3.0 Gross Plot Ratio, foreseen to accommodate as many as 550 residential units.

Anchorvale Crescent New Executive Condo is only less than a 5-min walk going to Cheng Lim LRT station, a gap of 1 station only from Sengkang MRT station.

Anchorvale Crescent has a full connection over North – East Line. Positioned around North-Eastern areas of Singapore, the famous Anchorvale Crescent is connected to the newest green lung, the gorgeous Sengkang Riverside Park, a place where residents can unwind and interact with family, neighborhood and the whole community.

The long-standing Seletar Mall is just a matter of three LRT Station right from Anchorvale Crescent New Executive Condo site. It offers different retails stores, plus various grocery shopping centres. The residents experience great amenities like cinemas, eateries, restaurants, and supermarkets.

 

ANCHORVALE CRESCENT EXECUTIVE CONDO LOCATION

Anchorvale Crescent Executive Condo Site

This new executive condominium area is strategically positioned near to shopping, food hubs, sports and leisure, health care, and schools.

It is near to Top Schools and Education Institution. It is just less than 10-minute walk heading Nan Chiau Primary School. Nan Chiau Primary is famous for its top-rated badge, a 100% passing rate in PSLE of Singapore.

With the presence of Top rated schools around the area is already a big bonus for the residents and the whole community.

Sengkang Sports hubs can be found together with Anchorvale Community Club to promote myriad sports, community involvement and the different activities and events for the entire family and community.

The residents would surely enjoy the tranquil surroundings near to the refreshing feel of Sengkang Riverside Park in Punggol Reservoir. Residents have the chance to a bike ride around Punggol park connector heading to Punggol Waterway Park with a lot more healthy activities you can experience.

The Anchorvale Crescent EC area is strategically located in the middle of the two upcoming huge transformation – Punggol Digital District and Seletar Regional Centre around the North Coast Innovation Corridor.

 

Transport at Anchorvale Crescent

  • Sengkang MRT
  • Punggol MRT
  • Farmway LRT
  • Tampines Expressway (TPE)

 

Nearby Amenities

  • Compass Point
  • Rivervale Plaza
  • Hougang Mall
  • Heartland Mall

 

Education Institutions

  • Springdale Primary School
  • Punggol Green Primary School
  • Nan Chiau Primary School
  • Compassvale Primary and Secondary School
  • Edgefield Secondary School
  • Pei Hwa Secondayr School

Anchorvale Crescent EC, a prospective investment and Capital Appreciation

Owners have the chance for big savings at varying periodic intervals via a grand transformation which plays a major role in capital appreciation during the transit of Punggol Digital District and Seletar Regional Centre of North Coast Innovation Corridor.

The digital community houses technology entities involved in vital growth fields like the cybersecurity side by side nurturing industry -academia partnership at the prestigious Singapore Institute of Technology (SIT) community. This will open doors for innovation of industries and offers new opportunities that engage and progresses.

Seletar Aerospace Park will be allocated for the aerospace research and development and aerospace industry. Aviation is the most booming industry in Singapore, as high as $3.3 billion annual contributions.

Anchorvale Crescent EC has potential price appreciation. A huge room over appreciation of executive condominium following the five years MOP or following that so-called “Privatize”. Per records, several units of EC sold times two from original price after achieving “Privatize”.

Under “privatization”, entire EC projects having high returns but here are some which really 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%

 

 

Potential of the Site

With a total of 7 bidders for this site shows the potential of the site and also the lack of supply for executive condo on the market. The highest bidder goes to EVIA Real Estate and Gamuda Joint Venture at top bid of $318.89 million or $576.3 psf ppr.

Follow closely behind second bidder is Qingjian Realty and third place is Hou Hup Realty in this highly contested site. This 1.71 ha site can potentially developed with max of 550 units.

This site is strategically located between Seletar Aerospace and Biddadari transformation could potential bring up the value here in Punggol. Together with Punggol Waterfront, residents staying here set to have an enjoyable lifestyle over the weekend

Anchorvale Crescent Executive Condo VVIP Registration

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