ECs are privately-developed condominiums (private condos are usually more expensive) with condo-like amenities. However, ECs are subsidized by the government for the first 10 years, during which they are HDB properties and bound by their rules and regulations, including the 5-year Minimum Occupancy Period and eligibility schemes. Furthermore, you will be required to pay a resale levy if you ever decide to sell your EC.
CDL and MCL Land have jointly submitted a Tender Bid for the development of the Copen Grand EC. The development will be located near two major expressways: Pan-Island Expressway (PIE) and Kranji Expressway (KJE). It will also have good connectivity to other parts of Singapore, including the Central Business District. The project will be built within a lush park, with dedicated walking and cycling paths.
MCL and CDL intend to build twelve buildings with as many as fourteen storeys each. The proposal has six hundred twenty EC units, and will be designed to achieve a BCA Green Mark GoldPLUS ranking. The development is expected to be based on the principles of ground tendering. According to Tan Wee Hsien, the CEO of MCL Land, the project is located near three Mass Rapid Transit stations, including the Jurong East and West.
CDL and MCL Land jointly submitted the bid for the Copen Grand EC, located near the new town. The joint venture won the tender by submitting the highest bid of $400 million. The price works out to $6492 psf ppr, a higher than the previous record of $583 psf ppr for Sumang Walk EC. Previously, a plot at Yishun Avenue 9 was sold for $576 psf ppr.
Developers City Developments Limited and MCL Land will jointly develop the Copen Grand EC in Tengah. They are well-established developers and the names behind some of the most prestigious residential projects in Singapore. Meanwhile, MCL Land, part of the Jardine Matheson Group under Hongkong Land Holdings, has a wealth of experience in residential development. It has also worked on projects such as the Parc Esta, Sol Acres, and Leedon Green.
Upon completion, the new town centre will feature retail and dining facilities and will be connected directly to the future Tengah MRT station. Other amenities will include a polyclinic, community club, and bus interchange. The project is expected to open its doors in the second half of 2022. It will be open for public viewing only by appointment. Hence, it is not advisable to buy a unit here unless you have a family member who lives in the vicinity.
The new development is strategically located near several educational institutions and central business districts. It is within 30 minutes’ drive from the Central Business District. It is also near the Jurong Innovation District (JID), a hub for advanced manufacturing. The development is also close to the Jurong Lake District, the second largest central business district outside the city centre. The Copen Grand EC will be near to various malls and shopping complexes.
The development of Copen Grand EC at Punggol Town is being done in close proximity to several educational institutions and central business districts. Located only 30 minutes away from the Central Business District, the project is located near the Jurong Innovation District, Singapore’s second largest central business district outside the city centre. With its proximity to major expressways, Copen Grand EC is easily accessible for commuters.
Currently, the site is up for grabs, and the bidding process has begun. Developers from CSC Land Group, Hoi Hup Realty, and Sunway Developments are competing for the project, which sits in Tengah’s Garden district. The project is expected to have over four thousand units when it is complete. This is an impressive amount of space for a residential development in Singapore!
The development is a mixed-use project combining nature and green technologies. The development is expected to appeal to a young population that often works from home and is looking for a healthier lifestyle. A mix of green technologies and nature will help residents get the most out of their homes. They will be able to enjoy the surrounding environment and enjoy a relaxing environment, and also take part in a flurry of exciting new developments and services.
The development is expected to feature a diverse selection of eateries and commercial spaces. The town centre is also set to be directly connected to the future Tengah MRT station, and will feature a bus interchange and community club. Besides, residents will be able to take part in sports activities at a nearby public sports centre, and will be near two primary schools. The area will also benefit from the nearby public transportation system, which will facilitate access to the city centre and other parts of Singapore.
The new development in the heart of the city, the Copen Grand EC, is the first of its kind in the West region. It will feature green and sustainable features in a series of smart condominiums. The concept is geared towards creating a comfortable living environment while preserving the natural forest environment. This is achieved by incorporating various innovative technology and features that can be easily managed and monitored by the town’s operators.
The Copen Grand EC offers a green lifestyle experience through a range of features and amenities that make them a perfect place to live. There are also many parks and recreational areas that encourage healthy living and help reduce the town’s carbon footprint. Green building and technology are also widely used in Copen Grand EC. Residents will be able to enjoy convenient public transportation and free parking.
The Green and Substainable TengaH EC is home to a number of sustainable businesses, housing, and infrastructure. Its eco-friendly lifestyle is promoted by the district’s many environmentally friendly initiatives and programs, which include energy management, high-speed Internet, and sustainable construction. The eco-friendly lifestyle of the Copen Grand EC is perfect for retirees and investors.
Tengah Garden Walk EC is a new residential development in District 24. With a site area of 2.2 hectares and a gross floor area of 61,659 square meters, it will house 615 exclusive units. It is being developed by a joint venture between MCL Land and Taurus Properties SG. The property is located near three MRT stations, the Pan Island Expressway, and the future car-free town center.
The town centre will include a future-ready car-free option and is just a short walk from three MRT stations on the proposed Jurong Region Line. Residents will also be near a variety of amenities, schools, and shopping malls. The new town centre will be a hub for a variety of retail and dining options. In addition, a future development of the EC will include a bus interchange, polyclinic, and sports centre.
The town will also feature smart-technology-enabled living. The town will have autonomous vehicles, electric car charging stations in carparks, and a smart central waste system. This is where Tengah Town will lead the way for sustainability and smart technology in Singapore. The plan also aims to make the town car-free, making it a convenient location for residents. It will also be connected to the Jurong Innovation District and Jurong Lake District.
In the midst of the city’s sprawling green belt, a new development called Copen Grand EC is set to take the lead in sustainability and smart technology. The project will feature a smart central waste system and electric car charging ports in the town’s carparks. The town is ideally located to be within a short drive of the city centre. For those working in the west, the development might be ideal for them.
Situated near the Central Business District, Copen Grand EC is within a short drive of the CBD. The area is also near Jurong Innovation District, a premium hub aiming to become a global leader in advanced manufacturing. It’s also within walking distance of Jurong Lake District and the Taurus Properties’ numerous proposed business developments. There are plenty of attractions and facilities in this area that make it an ideal place to retire in Singapore.
The EC site is a relatively large plot, spanning 22,020 square metres with a maximum gross floor area of 61,659 square metres. It will comprise 620 residential units across 12 blocks of up to fourteen storeys. The project sits within the Tengah Garden district, which is one of the five districts planned for the estate. Copen Grand EC is also near to future car-free Tengah town centre.