{"id":20916,"date":"2016-07-11T11:00:24","date_gmt":"2016-07-11T04:00:24","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/luxurious-and-affordable\/"},"modified":"2016-07-26T15:41:28","modified_gmt":"2016-07-26T08:41:28","slug":"luxurious-and-affordable","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/luxurious-and-affordable\/","title":{"rendered":"Luxurious and affordable"},"content":{"rendered":"


\nThe Criterion\u2019s Club Haus with a fully equipped gym and a function room.
\nSPECIAL ADVERTISING FEATURE\u00a0
\nThe Criterion and The Brownstone Executive Condominiums (ECs) offer everything you could possibly want \u2013 quality finishes, top notch facilities and proximity to essential amenities \u2013 but are more affordable than new private condos.
\nSome of the most recognisable projects dotting our cityscape are ECs. These developments enable families to enjoy homes that are every bit as luxurious as private property, but at a more affordable price.
\nCity Developments Limited (CDL) recently unveiled two EC projects, The Criterion and The Brownstone. Located in the north, both developments are slated to receive their TOP in late 2018 and early 2019 respectively.
\nTHE CRITERION<\/p>\n

The Criterion is not only visually stunning, but also allows residents to fully enjoy the serenity of the Seletar area.
\nSelect units offer sweeping views over the surrounding area as well as the development\u2019s 50m lap pool. Panoramic views from the higher floors enable residents to take in the glistening Lower Seletar Reservoir and the lush greenery of the Orchid Country Club golf course.
\nThe Criterion offers over 50 facilities which are divided into six distinctive zones called hauses, each designed to enrich residents\u2019 lives.
\nThe Bike Haus is a facility catering to cycling enthusiasts where solar powered electric bicycles are provided free to use for residents. The Spa Haus offers a luxurious way to unwind after a long day with a microbubble spa pool \u2013 a pampering treatment that originated from Japan, while the Green Haus offers communal farming plots and planters so residents can hone their green thumbs.
\nOther plush facilities include a 50m lap pool, a clubhouse complete with a gym, and a function room with a gourmet kitchen.
\nThe Criterion is situated along Yishun Ave 1 \/ Yishun Street 41, and is close to Khatib MRT station.
\nYishun Town, which looks set to benefit from plans to rejuvenate the area, is home to a range of shopping, dining and leisure options.
\nMeanwhile, a short drive away from Yishun sits the new 320ha Seletar Aerospace Park (SAP), located within the old Seletar camp. SAP is shaping up to be modern lifestyle hub. The Oval @ SAP comprises a cluster of 32 black and white colonial bungalows that have been earmarked for lifestyle businesses.
\nThe biggest space there is occupied by Wheeler\u2019s Estate, run by the team behind popular bicycle cafe, Wheeler\u2019s Yard, in Balestier. It will feature a caravan park for picnics, as well as basketball and football facilities. Other amenities like restaurants serving Chinese and Western fare, as well as\u00a0event spaces are also popping up, catering to the rising number of workers and residents in the area.
\nSubsequent phases in the development of SAP will include more lifestyle facilities such as a playground, a boardwalk that fronts the runway, an open lawn, picnic tables and an open hard court for family outings and events.
\nAt present, The Criterion has a number of two-, three- and four-bedroom units still available, as well as penthouse units with five-bedrooms. They are priced from $560,000, $629,600, $830,000 and $1,088,800 respectively.
\nTHE BROWNSTONE<\/p>\n

The Brownstone\u2019s well-equipped gymnasium overlooking a luxurious 50m lap pool.
\nVisitors to New York City are always captivated by the distinctive brownstone residences lining the city\u2019s boulevards.
\nThe Big Apple was thus the inspiration behind CDL\u2019s luxury EC development, The Brownstone. The development\u2019s eight 12-storey blocks sport a stylish sandstone-like fa\u00e7ade, while jetty balconies bring to mind New York City\u2019s Bronwstone row houses.
\nLocated along Canberra Drive, one of the biggest advantages of living at The Brownstone is its proximity to the upcoming Canberra MRT station, which is on the North-South MRT Line.
\nThe Canberra MRT is slated to be completed in 2019, which is also when The Brownstone is expected to be ready and it\u2019s only a 3-minute walk away from the development.
\nNearby amenities include the upcoming Northpoint City and Canberra Plaza, a neighbourhood town centre containing a supermarket, food court and shops.
\nResidents will enjoy a range of facilities, including a pool-view clubhouse, several swimming pools and a fully-equipped gym.
\nThe two-, three- and four-bedroom units are still available from $604,800, $706,400 and $846,400 respectively.
\nWHY CHOOSE AN EC?<\/p>\n

ECs enable Singaporeans and permanent residents (PRs) to enjoy the best of both worlds \u2013 the quality and\u00a0luxury of condo developments designed by top architects, and the benefit of government grants.
\nECs are a public-private hybrid with all the attractive frills of private condos, such as swimming pools, gyms and security. Just like condos, they are designed and built by private developers, but cost less due to government subsidies.
\nBuyers of ECs may be eligible for CPF Housing Grants of up to $30,000 depending on their gross monthly household income.
\nAfter the five-year Minimum Occupation Period (MOP) is up, the property can be resold to Singaporeans or PRs in accordance with HDB\u2019s rules.
\nOwners who wait at least 10 years are in for a treat, as the property is then treated as private property on the resale market and can be sold to foreigners or singles.
\nCDL: A TRUSTWORTHY NAME<\/p>\n

CDL has built some of Singapore\u2019s most iconic projects, including The Sail @ Marina Bay, W Singapore Sentosa Cove, The St. Regis Singapore, The South Beach, M Social Singapore and Republic Plaza. The company is also behind more than 36,000 luxury homes.
\nMeanwhile, many buyers have jumped at the chance to own quality units at The Brownstone and The Criterion.
\nMs Sin, who recently purchased a unit at The Brownstone, does not regret her choice.
\nShe chose to purchase an EC because it is more affordable than a private condo, and the development\u2019s proximity to the upcoming Canberra MRT was a big pull factor.
\nBut ultimately, it was CDL\u2019s reputation for quality that convinced her to finalise the purchase.
\n\u201cWe had been looking at several properties in the Yishun and Sembawang area,\u201d she said. \u201cCDL\u2019s finishing really stood out.\u201d
\n\u201cI am very happy with my purchase decision. I am very pleased with the location, and I know that CDL will not fail me in providing the finishing.\u201d
\nContact the CDL team at 8402 7275 to find out more about The Criterion and The Brownstone now!
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Luxurious and affordable<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Criterion\u2019s Club Haus with a fully equipped gym and a function room. SPECIAL ADVERTISING...<\/p>\n","protected":false},"author":1,"featured_media":20917,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-20916","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-news"],"jetpack_featured_media_url":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2016\/07\/Brownstone_Hero.jpg?fit=600%2C600&ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-5rm","jetpack-related-posts":[{"id":20919,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tepid-sales-recorded-at-northwave-ec\/","url_meta":{"origin":20916,"position":0},"title":"Tepid sales recorded at Northwave EC","date":"July 11, 2016","format":false,"excerpt":"\r Northwave will be the first EC to have an indoor badminton court cum function hall. Source: Hao Yuan Investment Northwave executive condominium (EC) saw 20 units sold during its first day of bookings last Saturday (9 July), despite receiving 240 e-applications, reported The Business Times. Consultants attributed the project\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41826,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/get-the-guru-view-tightened-supply-for-ecs-in-2017\/","url_meta":{"origin":20916,"position":1},"title":"Get the Guru View: Tightened supply for ECs in 2017","date":"January 25, 2017","format":false,"excerpt":"\r Crowd viewing a model of the Treasure Crest EC.\u00a0 2016 was an interesting year for the EC market, with a number of projects doing extremely well due to its sound fundamentals. While the glut of units in the market has been reduced, more time is needed for the current\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2017\/01\/Estimated-number-of-EC-units-completing-and-vacancy-rate-for-ECs-1024x303.jpg?fit=1024%2C303&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":38064,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/3-new-ecs-to-watch-for-in-2017\/","url_meta":{"origin":20916,"position":2},"title":"3 new ECs to watch for in 2017","date":"December 14, 2016","format":false,"excerpt":"\r 2017 will be a quieter year for EC projects. (Photo: Christopher Chitty) Only three new executive condominiums (ECs) are targeted to launch next year, down from five projects in 2016. Their names haven\u2019t been revealed yet, but the sites are at\u2026 1) Choa Chu Kang Avenue 5 The EC\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2016\/12\/Location-plan-for-land-parcel-at-Choa-Chu-Kang-Avenue-5.jpg?fit=515%2C621&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":43323,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-responsible-for-defects-design-flaws-in-new-ecs\/","url_meta":{"origin":20916,"position":3},"title":"Developers responsible for defects, design flaws in new ECs","date":"February 8, 2017","format":false,"excerpt":"\r Developers are contractually obliged to fix any defects in new EC projects within the Defects Liability Period. Private developers of executive condominiums (ECs) are responsible for all defects and design flaws in newly built projects, revealed the Ministry of National Development (MND) in Parliament on Tuesday (7 February). This\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":84368,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/10-facts-you-should-know-about-ecs\/","url_meta":{"origin":20916,"position":4},"title":"10 facts you should know about ECs","date":"April 2, 2018","format":false,"excerpt":"\r Artist\u2019s impression of Rivercove Residences EC in Sengkang. The 628-unit Rivercove Residences executive condominium (EC) at Anchorvale Lane in Sengkang opened for e-application on Sunday (1 Apr). More than 3,000 people visited the showflat yesterday, which is located at the junction of Anchorvale Lane and Sengkang East Avenue. Developed\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":62300,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ec-sales-likely-to-remain-strong-in-q3\/","url_meta":{"origin":20916,"position":5},"title":"EC sales likely to remain strong in Q3","date":"July 31, 2017","format":false,"excerpt":"\r Artist\u2019s impression of Hundred Palms Residences, the latest EC project which was sold out within seven hours. Sales of executive condominiums (ECs) increased by 8.5 percent to 2,026 units in H1 2017 from 1,867 units during the same period a year ago, reported the Straits Times, citing data from\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/20916"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=20916"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/20916\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media\/20917"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=20916"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=20916"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=20916"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}