Altura EC by Qingjian Realty and Santarli SNC Realty New Executive Condominium Bukit Batok

Residents of Altura EC Bukit Batok can look forward to reduced travel times thanks to the new Jurong Region Line (JRL). With its seamless connectivity, the MRT line provides an efficient and convenient way of commuting to and from the region, ensuring a more pleasant experience for passengers. The JRL will no doubt play an integral role in linking various parts of Singapore, enabling residents to get to their destinations quicker.

Le Quest Mall is home to a carefully selected range of retail outlets that cater to a vast variety of requirements and preferences. From fashion and electronics to homeware and lifestyle options, shoppers can enjoy an all-in-one shopping experience. Moreover, the mall also contains a supermarket which offers everyday necessities and groceries, ensuring the needs of those living in the neighbourhood are adequately catered for.

The JRL is poised to act as a catalyst for economic expansion in the western part of the country, drawing in more businesses and creating job prospects. This can be a boon for Altura EC residents as they can take advantage of the newly available employment opportunities nearby, eliminating the necessity of extended travel to other parts of Singapore.

Le Quest Mall, located in Bukit Batok, Singapore, is a vibrant new addition to the residential town. The mixed-use development comprises of residential units and a retail mall, setting it apart as a premier lifestyle destination for both locals and travelers. With a variety of shopping, dining, and leisure choices, Le Quest Mall offers a truly unique experience for its patrons, making it one of the best spots for shopping and recreation in the Bukit Batok area.

The inhabitants of Altura EC are provided with a range of healthcare centres at their convenience. St. Luke’s Hospital, a local medical institution, is equipped with medical and rehabilitation services, while Bukit Batok Polyclinic caters to the basic medical requirements of the neighbourhood. Private clinics and dental clinics are also available throughout the town. Thus, providing the people of Altura EC with comprehensive healthcare facilities.

Altura EC, the 99-year leasehold situated at Bukit Batok West Avenue’s eastern side, is expected to be one of the most sought-after developments in the area. Being close to Jurong Innovation District and Tengah Town, the 1.24 hectare site is projected to have 375 executive condo units. Placed close to Le Quest, a 2021 completion mixed-use development by Qingjian Realty, joint top bid of $266 million was submitted by Qingjian Realty and Santarli Construction, which translates to $662 per square foot per plot ratio.

Enhanced Property Value: Being in close proximity to the Jurong Region Line (JRL) is anticipated to amplify the property value of Altura EC over time. Since access and connectivity are of utmost importance in the real estate market, the upcoming Mass Rapid Transit (MRT) line is likely to make the executive condo more desirable to potential buyers and investors.

Tengah Town was created with eco-friendly living and sustainability in mind. It features several green spaces that include parks, green paths, and recreational areas. The residents of Altura EC will have the benefit of taking advantage of the landscaped areas, walking tracks, cycling routes, and outside spaces that Tengah Town has to offer. These verdant spaces will provide the opportunity to engage in activities outdoors, exercise, and simply relax in a tranquil atmosphere.

The URA Master Plan emphasises the significance of amplifying the connectedness both within and between numerous neighbourhoods. For Altura EC, this could mean the advent of new roads, more comfortable public transport facilities, and augmented pedestrian and cycling networks. Such improvements will pave the way for more conveniently travelling for Altura EC citizens, both within the vicinity and to other parts of Singapore.

In the Altura EC Tender, Qingjian Realty and Santarli collaborated to submit a bid of S$662 psf ppr, establishing a new record for executive condo land. This bid was higher than Intrepid Investments Pte. Ltd. and TID Residential Pte. Ltd.’s offer of S$631 psf ppr by 4.8%.
, Bukit Timah Primary School, Pei Hwa Presbyterian Primary School, and Yuying Secondary School.

Altura EC, located at Bukit Batok EC, offers families with children a great advantage of being close to a variety of reputable schools. This strategic location will provide convenience, safety, cost savings, and social benefits. Qingjian Realty, the developer of Altura EC, is situated near many of these educational establishments, including Bukit Batok Secondary School, Bukit View Secondary School, Dazhong Primary School, Lianhua Primary School, St. Anthony’s Primary School, Hong Kah Secondary School, Swiss Cottage Secondary School, Hillgrove Secondary School, Dunearn Secondary School, Keming Primary School, Bukit Timah Primary School, Pei Hwa Presbyterian Primary School, and Yuying Secondary School. Altura EC not only offers an ideal location, but also a superior living environment.

Living in close proximity to schools can be incredibly beneficial for families with school-aged children. Altura EC, located at Bukit Batok EC, is in the enviable position of enjoying a number of advantages due to its proximity to schools. The fact that you are living near schools means that both parents and children have to spend less time commuting, thus making daily routines more streamlined and stress-free. A shorter journey time also means that children have more time to participate in extracurricular activities, pursue hobbies and spend quality time with family. The risk of accidents during the commute is also significantly minimized, ensuring the safety of children when travelling to and from school. Furthermore, living near schools can save money on transportation costs, such as bus fares or fuel expenses for personal vehicles. Not to mention, properties located near reputable schools often appreciate in value, making them a desirable investment for homeowners.

Altura EC Qingjian Realty is conveniently located near a bus interchange and only a short walk away from Bukit Batok MRT station. This makes it a prime spot for commuters, who will benefit from its accessibility. Being close to several schools, Altura EC is also suitable for families looking for a home. Furthermore, with the extended lease period on Bukit Batok West Avenue 8, it gives developers added time to market their units.

Altura EC at Bukit Batok Town, located in the western part of Singapore, provides an excellent living environment complete with lush greenery and modern facilities. Offering exceptional connectivity and a wealth of amenities, the vibrant residential area is well-structured to meet the different needs of its occupants. Therefore, Bukit Batok Town is truly an ideal place to live and work due to its commitment to excellence.

Altura Executive Condominium presents a wide selection of amenities that meet the varied needs of its tenants. This condo enjoys great connectivity, along with high-end facilities and vibrant green areas. This makes Bukit Batok Town an appealing and balanced community to be a part of.

Altura EC is a desirable neighbourhood for families with school-going children, thanks to the presence of many reputable establishments offering education at the primary, secondary and tertiary levels. These include Bukit View Primary School, Keming Primary School, Bukit Batok Secondary School, and Millennia Institute.

Strategically located in the Bukit Batok and Choa Chu Kang areas, Altura EC offers residents an outstanding lifestyle experience. With hassle-free access to a plethora of shopping, dining, and entertainment options, the condominium provides a unique balance of urban convenience and serene tranquility. Residents can enjoy the vibrancy of city living without having to forgo the peace and quiet of the surrounding environment. Altura EC is the perfect spot for enjoying urban amenities without compromising on comfort.
To add to these, the Bukits Bistro is the perfect spot for a meal or a refreshment in between outdoor activities.

Altura EC is home to a variety of recreational and leisure facilities such as the Bukit Batok Nature Park, Bukit Batok Hillside Park, and Bukit Batok Town Park (also known as Little Guilin). These green spaces provide great opportunities for outdoor activities like jogging, cycling, and picnicking. Moreover, the Civil Service Club @ Bukit Batok boasts a variety of sports and leisure activities, including swimming pools, a gym, bowling alleys, and more. After a tiring day of sports and leisure activities, you can relish a meal or a quick refreshment at the Bukits Bistro. Altura EC is definitely the perfect place for a recreational getaway!

Plans are underway to ensure that Tengah Town will be well-served by public transportation, with the introduction of new MRT stations and bus networks. The forthcoming Jurong Region Line (JRL) is set to provide improved accessibility for residents of Altura EC with its service to Tengah Town and its neighbourhood. The enhanced connectivity will make it easier for residents to get to other parts of Singapore, cutting down on their travelling time and providing them with better access to a variety of amenities and other facilities.
Bukit Batok swimming complex, located close to Altura EC, is a great place to exercise and relax.

Residents of Altura EC can take advantage of a variety of shopping and dining establishments located nearby in Bukit Batok Town. The West Mall shopping center has a plethora of retail outlets and a supermarket, as well as a movie theater and eateries. In addition, there is the Bukit Batok Central, which has everything from shops to restaurants and essential services. For those who are looking for a place to exercise and relax, the Bukit Batok Swimming Complex is in close proximity to Altura EC.

Nestled in the heart of Choa Chu Kang, a residential area in western Singapore, Lot One Shoppers’ Mall is a much-loved shopping and lifestyle hub for locals and visitors alike in the vicinity of Altura EC. Since its establishment in 1996, it has become an integral part of the Choa Chu Kang community, providing a one-stop-shop for patrons to get all their necessary items and enjoy leisure activities. Boasting a wide selection of retail, dining, and entertainment options, Lot One Shoppers’ Mall offers something for everyone, making it an ideal shopping spot for all kinds of people.

Residents of Altura EC in Bukit Batok will be among the lucky ones to benefit from the upcoming development of Tengah Town in the western region of Singapore. Dubbed as Singapore’s first “Forest Town”, the project will showcase sustainability and green living. It is expected to bring an array of amenities, increased connectivity and a vibrant living atmosphere. Therefore, Altura EC residents will be able to enjoy the many advantages of this remarkable project.

As outlined in the Master Plan, there are plans to rejuvenate existing commercial areas and also create fresh new offerings to meet the varied demands of people living in Altura EC. Such plans could include constructing new malls, restaurants, and leisure facilities, that are in close proximity to the location of Altura EC. These new establishments will help bring about a more lively and stimulating lifestyle for the residents, with a variety of shopping, dining, and entertainment options available.
Residents of Altura EC can look forward to a host of amenities located nearby, such as home improvement stores, supermarkets, as well as a wide range of dining and shopping options.

Residents of Altura EC at Bukit Batok West Avenue 8 will find themselves blessed with excellent connectivity, as the area is well-serviced by the Bukit Batok MRT Station on the North-South Line and the forthcoming Jurong Region Line. Furthermore, getting around is a breeze, as the area is connected to major expressways such as the Pan Island Expressway (PIE) and Bukit Timah Expressway (BKE) by an extensive network of buses. In addition, the locality offers a host of amenities and conveniences, including home improvement stores, supermarkets, an array of dining and shopping options, among various other establishments.

The JRL is set to further bolster Singapore’s transport network, connecting the Altura EC residents to other MRT lines such as the North-South Line, East-West Line, and Circle Line. This comprehensive network will offer a more convenient and efficient mode of transport, providing the residents with greater travel flexibility.

HDB has announced a public auction for the Altura EC project at Bukit Batok West Avenue 8. Altura EC, a new executive condominium, is poised to house up to 375 homes and includes a 99-year leasehold. Bidding will remain open up until 12 noon on 8 March 2022, after which the successful bidder will then move ahead with a property evaluation. Situated within the heart of Bukit Batok Town, Altura EC is a promising prospect for all potential buyers.

The Jurong Region Line (JRL) is set to revolutionize the living experience of residents at Altura EC, providing them with improved connectivity, lowered travel times, enhanced property value and enhanced access to job opportunities. With the JRL in place, Altura EC is set to become one of the most desirable residential locations in the western region of Singapore. The JRL will drastically improve the quality of life of all current and potential residents, making it an attractive choice to live in. Consequently, this will lead to a boost in property values which will ultimately benefit current and future residents. Moreover, the enhanced connectivity and travel times will facilitate improved access to employment opportunities, making Altura EC an ideal option for those seeking career prospects. In conclusion, the JRL will provide a multitude of benefits to Altura EC residents, and pay huge dividends for their wellbeing and living experience in the future.

At Altura EC, residents can enjoy the convenience of being close to several shopping malls. Placed in both Bukit Batok and Choa Chu Kang districts, West Mall and Lot One Shoppers’ Mall provide a myriad of choices in terms of retail, dining, and entertainment. With such a wide selection, Altura EC occupants can easily meet their shopping needs, as well as enjoy leisurely activities with friends and family.

Altura EC is the perfect location for families seeking to reside in Singapore due to its proximity to numerous renowned educational institutions. There is an array of plots in the district ranging in price from $580 to $650 per square foot, making it a desirable spot. Therefore, the West Avenue 8 EC Tender from Qingjian Realty constitutes a significant chance for Singaporeans to secure a plot in this highly sought-after region.

The Master Plan for Bukit Batok aims to enhance the quality of life for its residents through the creation of new community facilities, green spaces, and recreational areas. Altura EC residents can look forward to extra parks, activities-filled playgrounds, and sports facilities in the neighbourhood, ensuring ample opportunities to relax, exercise, and socialise.

Very soon, details of the Altura EC showflat and price list will be out. Buyers will be able to visit the Altura EC showflat, while the individual unit prices will also be made available. The much awaited Altura EC project at West Avenue 8 is strategically nested within the upcoming residential area close to the quickly progressing Tengah Region. Nearby attractions include Bukit Batok Hillside Park and upcoming high-rise real estate projects. The executive condominium consists of a total of 375 units, and is expected to be a very affordable choice in the neighborhood.

2. Enhanced convenience: The JRL will provide Altura EC residents with increased convenience, as it will connect them to a variety of important locations. Residents will be able to access business centers, shopping centers, educational institutions, and recreational facilities quickly and easily. This improved transportation infrastructure will make it simpler to get to essential destinations.

3. Increased mobility: The JRL will facilitate greater mobility for Altura EC residents. By increasing access to key locations, it will be easier to travel between them. This will allow people to move freely around the city, exploring the many attractions that Altura EC has to offer.

4. Expanded connections: The JRL will create new connections between Altura EC and other cities. This will provide more opportunities to explore beyond the city limits and discover the diverse culture of the surrounding areas.

5. Improved quality of life: The JRL will bring an array of benefits to Altura EC residents. Improved connectivity, enhanced convenience, increased mobility, and expanded connections will contribute to a higher quality of life for those who live in the area.

The Altura EC enjoys a sought-after location and is projected to attract strong interest from first-time buyers and HDB upgraders alike. As executive condos tend to be more affordable than private condominiums, they are an attractive choice for many families in Singapore. The reported launch date for the project is set at Q2 2023, with its West Avenue 8 EC boasting an estimated price tag of S$3,500 per square foot.

The URA Master Plan seeks to stimulate economic growth and create employment prospects by cultivating business hubs and industrial parks in Singapore. The regeneration of the Bukit Batok vicinity could draw in fresh businesses and enterprises, thus boosting employment prospects for Altura EC inhabitants. This would lead to an equilibrium of live-work-play and cut down on the requirement for extended commutes to work destinations.

Altura EC, a residential development in Bukit Batok, features a variety of community facilities to provide enriching experiences to its residents. These include the Bukit Batok Community Club and the Bukit Batok Public Library, both of which offer a wide variety of activities, courses, and events. By providing these resources, Altura EC encourages its residents to connect with one another and strengthen their sense of community.

Lot One Shoppers’ Mall enjoys great convenience, as it is linked directly to Choa Chu Kang MRT station and bus interchange, allowing visitors to quickly get to the mall by public transport. For those who choose to drive, the mall also provides plenty of parking spots. This advantageous transportation network makes Lot One an ideal and convenient shopping venue for local people and visitors alike. Among the stores located here you can find NTUC FairPrice Xtra, BHG and Popular Bookstore.

Upon completion, Altura EC residents will be able to reap a wide range of benefits from the JRL: They will enjoy improved accessibility and connectivity, with streamlined transport links to the city and airport. In addition, the project also promises more job opportunities for residents, as well as a host of recreational options such as shopping, dining and entertainment. Moreover, the development will provide a modern and sophisticated living environment, with green amenities, quality facilities and efficient infrastructure. Furthermore, there will be an improved quality of life, with enhanced security and safety measures in place. Ultimately, the JRL will bring improved socio-economic prospects to Altura EC residents, creating a vibrant and inviting space for them to live and grow.

The Master Plan places a strong focus on sustainable development and environmental conservation. In line with this, new developments in Bukit Batok such as Altura EC will include green features and sustainable practices. These could include the conception of energy-efficient structures, the use of renewable energy sources, and improved waste management systems. All of these measures will help to create a cleaner and greener environment for residents to relish.

Residents living in Altura EC will now have access to the JRL, which is expected to be completed in 2026. This new MRT line will offer them smooth, trouble-free travel that is both convenient and fast, granting them access to a variety of places in Singapore. In particular, commuters at Altura EC can now quickly get to Jurong from their homes, as well as to major attractions around the island, such as Gardens by the Bay and Jurong Bird Park.

The addition of the Jurong Region Line (JRL) to Singapore’s mass rapid transit system is certain to be of great benefit to the residents of Altura EC. With the completion of this line, expected in 2026, they will be able to make quick, trouble-free journeys, providing them with easy access to places such as Gardens by the Bay and Jurong Bird Park, as well as the many attractions in the west, including Jurong, Choa Chu Kang, and Tengah. The JRL will boost their convenience and mobility significantly, thus elevating their quality of life.

The Urban Redevelopment Authority (URA) Master Plan is an exhaustive land-use plan which outlines a broad vision, along with the strategies for Singapore’s upcoming progress. It is crafted with the ambition of producing a liveable, sustainable and vibrant city for the next 10 to 15 years. The Master Plan also contains a multitude of transformations planned for various areas within Singapore, including the location of Altura EC. Thus, occupants of Altura EC shall gain from the proposed advancements and upgrades in their vicinity.

Residents of Altura EC can look forward to an uplift in their lifestyle with a broader selection of shopping, dining and recreational options with the future development of Tengah Town. With malls, supermarkets, cafes and restaurants set to be introduced, there will be a lot more to explore nearby for Altura home owners. This expansion of commercial and retail spaces will give them more choice and convenience to enjoy each day.

Since Altura EC Bukit Batok West Avenue 8 has made its way onto the 2021 Confirmed List of Government Land Sales, it is anticipated there will be great interest from developers for this executive condo site. It has a maximum gross floor area of 37,348 square meters and a height restriction between 60 and 70 meters, offering an estimated yield of 375 residential units. The pricing bracket for this EC site will be set in order for developers to bid.

The Urban Redevelopment Authority (URA) Master Plan provides inspiring prospects for Bukit Batok in terms of enhanced mobility, superior traits, extended job openings and a dedicated focus on sustainability. Consequently, Altura EC inhabitants will be able to benefit from a superior lifestyle and a livelier living setting as the region progresses through its transformation in the foreseeable future.

How to Get Great Investment Deal on Singapore Property

How to Get Great Investment Deal on Singapore Property

How to Get Great Investment Deal on Singapore Property

There are a few different ways in which you can strike a great property in Singapore. In this article we will look at how to get the best deals on second hand, new, and off-plan properties.
• Buying Off-Plan .When you buy off-plan in Singapore, you are buying an uncompleted property that is commonly known as “New Launch”. This type of property is commonly invested in by both foreign and local investors.
• Resale or Subsale. Resale or subsale of Singapore properties
New Properties
You can find some great property deals in Singapore when you buy off-plan and invest in properties that are yet to be completed. This type of sale is common in Singapore for residential properties, the properties being under construction and being sold for residential use by the developer. When there are more than 4 units in the development, a Housing Developer’s license is required before the developer can start the construction.
Once this license has been granted, a sale license is required before the units can be sold. The sale license is subject to conditions laid down by the government and is intended to protect the buyer. After this two licenses have been obtained, the development can be launched publicly the properties usually being advertised in the major newspapers as well as through other campaigns; large developments may even have a media campaign. Previews generally take place in show homes.
How to Get the Best Deal
• Developers generally offer “early bird” prices that are very attractive; these entice take-up of the properties.
• Choice unit. Buyers generally get to select the best unit.
• Less upfront capital is required, as progressive payment schemes are generally in place
• Many units will even be cheaper than resale and second hand units you find on the market
Disadvantages
• When the market is hot, balloting is involved
• Some of these properties are being sold at future prices
• You will not be able to enjoy an instant rental income from your property
• To get the best property, experience is necessary
VIP Preview Sales Procedures
Before a new development is launched officially, it will often be launched by the developer in what is called a preview or VIP launch. Here, buyers are invited to have the chance to buy the very first units. There are advantages of buying at this point, including:
• You have the pick of the units
• At this points, lower prices are generally offered in order to stimulate interest
• Early bird discounts of around 10 or 11 % are generally available, this discounts being subsequently removed
• These launches are generally attended by experienced property investors and savvy property buyers who will pick up the very best value for money homes
• Generally, a down payment of around 20% is required, within 3 or 4 months. After such time, no further payments are generally required for another 12 to 18 months.
• Guaranteed period for developers
• All monies paid will go into a project account as opposed to the account of the developer. Monies will only be withdrawn from the account for matters that are project-related
• In the case that the buyer decides not to go ahead with the sale, 75% of the down-payment will be returned.
As soon as the discount is removed by the developer, the unit increases in price and is worth up to 10% more. Some investors use this opportunity for flipping and selling properties in order to make a quick profit by sub-sale. If the unit is worth 1 million dollars, and the investor puts down $200,000, he could make a profit of $100,000 in just a few months if he decides to flip his property once the discount is removed. Previews are therefore a great place to be if you are interested in buying off-plan properties in Singapore.
Resale and Sub-Sale Properties
If you prefer to invest in a second hand home in Singapore, we suggest you do the following in order to get the very best deal:
• Register with a realtor
• Tell them the property you would like to buy and how much you are willing to spend
• The realtor will therefore keep you updated on any potential deals
Disadvantages
• Potentially difficult to agree on a price
• You may not be able to acquire the best property
• With age, capital appreciation diminishes
Procedure for Buying Re-Sale Homes
When the investor wishes to buy a property, he will give the owner a cheque to the value of 1% of the property price. Once this has been done, the seller will issue the buyer with an Option to Purchase, this OTP giving the buyer 14 days to go ahead with the purchase before he loses his deposit.
The seller cannot issue another OPT for 14 days, regardless, and cannot sell the property to another buyer. If the buyer decides to proceed, he will then pay another 9% of the property price. This is paid to the lawyer of the seller, after which time the buyer will need to get a loan, find a solicitor, and pay stamp duty, etc…
The general procedure for resale of condos is therefore as follows:
• 1% is paid as an “option fee”, the OTP document then being drawn up by the seller or his agent
• The OTP is valid for 14 days, this ensuring that the seller cannot consider other options during this time
• The buyer will then need to pay a 9% “Option exercising fee” within the 14 day period, normally in front of the solicitor of the seller. The 1% option fee will be lost if he fails to do so.
• The balance that amounts to 90% will be due on completion of the sale. The sales process generally takes somewhere between 8 and 10 weeks to complete.
Advantages
Advantages of investing in property using this method include:
• Running a profit on your property if you invest wisely
• Less up-front commitment
• Repayments will be made on forced savings via a loan or mortgage, meaning the more you pay, the more of the home you own.
• As long as the value of your property is maintained or grows, you will be growing equity in your property. Equity from your property can be used at a later date for securing a loan or for your retirement.
• In Singapore there is no estate duty tax, all your investment being free from capital gains tax.
• If you choose to become a landlord and rent out the property, the interest on your mortgage then becomes tax deductible.
• Home ownership brings stability, security, and a sense of satisfaction
• You won’t have lease conditions to worry about and you won’t have a landlord who has control over how long you can live in your property.
• Home ownership is gratifying, as you will be joining a selected few.
• Your home will be yours for a long as you want it, ensuring you can alter it in any way you wish that will enhance the property.