Executive condominiums (ECs) are pretty popular right now, but there are not many unsold units in the market. Currently, new ECs that have been launched are: Ola, North Gaia, Parc Canberra, Parc Central Residences, Parc Greenwich, Piermont Grand, Provence Residence. We did a quick check on URA Realis and found that out of these new launch ECs, as of July...
Being the first EC to be launched in Tengah, Copen Grand is shaping up to be one of the most highly anticipated ECs. During the land sale tender last year, it set aAs mentioned in our GLS analysis on the site, owners of Copen Grand will enjoy a first-mover advantage. Prices will appreciate further as Tengah gets more developed.
But the downside is that the area is still getting built up, so buyers won’t be able to visit the site now to get a feel of the area. Currently, only one primary school – Pioneer Primary – is set to be located in Tengah from 2025 onwards, as it will move from its current location.Currently, there’s a lack of new launches here. So we expect a high take-up rate here, especially since it’s the first EC in Tengah.
Another thing about Tenet EC is that it’s located along Tampines Expressway, which is both a boon and a bane. As a driver, you enjoy easier connectivity to the rest of the island. But it can also be noisy if your unit faces the TPE.
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