The Vales EC @ Sengkang

The Vales EC is an exciting new Executive Condo that will be launching in the North-East of Singapore, along Anchorvale Crescent, in 2015.  

Located only 600m from Sengkang MRT/LRT Station, residents will enjoy easy accessibility to amenities in and around the area. 

Scroll down for project information, official brochure/floor plans and non-obligatory registration that will enable you to enjoy priority & price benefits.

Vibrant  *  Accessibility  *  Luxury  *  Exciting  *  Sophistication

NOW OPEN FOR BOOKING

Location / Perspectives

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The Vales EC Project Facts

The Vales EC - Unique Points

	Only 600m from Sengkang MRT/LRT station
	Near numerous amenities like supermarkets, shopping malls, educational institutions, food centres and parks.
	Enjoy improved amenities as part of the Sengkang Master Plan
	Good connectivity and accessibility. Easy access via TPE, CTE, SLE
	EC Bank Loan not effect by current outstanding HDB Loan
	CPF Grant for First Time buyers
	No ABSD (Additional Buyers Stamp Duty)

Amenities Galore!

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Additional Info

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View in pdf: The Vales Siteplan

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2015: Year of the ECs?
In 2015, up to seven EC projects will be launched, giving buyers plenty of choice. These include Westwood Residences (Westwood Ave, Jurong), The Brownstone (Canberra), The Vales (Anchorvale Crescent, Sengkang).

'ECs have most, if not all, of the facilities of private mass- market condominiums and are generally comparable in design and facilities,' said Ms Chia Siew Chiun, director of research and advisory at Colliers International."
Source: The Straits Times - April 19, 2015

Buyers See Value In ECs:
Executive condos (ECs) are physically similar to private condos, have a wide range of facilities, but are typically 20 - 30% lower in cost. In addition, first-time buyers may apply for $30,000 CPF grant, making their new homes even more affordable. What's more, ECs are privatised after ten years, after which they may be sold to foreigners.

"Executive condominiums (ECs) have grown more popular with buyers in recent months as a price gap with mass-market condos widens".
Source: The Straits Times - April 3, 2013 

EC Resale Prices Catching Up With Private Condos:
The popularity of ECs in recent years saw resale prices trending upward. Property cooling measures put in place over the last year or so have slowed this trend marginally (e.g. prices dipped only 0.2% in March 2015 over the previous month). As new ECs are sold at a significant price reduction compared to private condos, buyers can still look forward to good price appreciation in the forseeable future.

"Prices of RESALE executive condominiums (ECs) are catching up with those of private mass market homes as the increasingly luxe features at recent ECs have boosted the profile of these homes."
Source: The Straits Times - December 1, 2012

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• Main applicant must be a Singapore Citizen and above 21 years old. Co-applicant can be a Singapore Citizen or Singapore Permanent Resident.
• Both applicants must be either 1st or 2nd time buyers (existing or ex-owners of a HDB flat).
• Applicants must form a valid family nucleus under one of the HDB’s eligibility schemes in order to buy an EC flat.
• Applicants' combined household gross monthly income must not exceed S$14,000.
• Applicants and occupiers listed in the application form must not own any private property or must not have disposed of such a property within 30 months of the date of application of the EC flat.
• Applicants and occupiers have not bought two housing units before (eg. a flat bought directly from HDB, resale flat with CPF Housing Grant, DBSS or EC flat from developer).
• Second-time applicants (who are existing owners or ex-owners of a flat, resale flat with CPF Housing Grant, or DBSS flat from developer), must meet the 5-year Minimum Occupation Period (excluding any period of subletting of whole flat) before applying for a new EC flat.

For more information, please refer to the HDB website.

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Bank Loan Ceiling

*Purchase = 5% Cash min + 15% CPF or lesser + 80% Loan

Normal Payment Scheme (Progressive)

Deferred Payment Scheme

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Register with us and be among the first to receive official updates, brochures, floor plans, etc as they are released by the developer. Online application form is available on this page. 

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Developer-Appointed Sales Team

Contact us for more info, floor plans, prices, showflat viewing, etc:

Call Pemi: 9009 1172
Call Jag: 9488 4904