{"id":38064,"date":"2016-12-14T09:49:42","date_gmt":"2016-12-14T02:49:42","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/3-new-ecs-to-watch-for-in-2017\/"},"modified":"2016-12-14T09:50:00","modified_gmt":"2016-12-14T02:50:00","slug":"3-new-ecs-to-watch-for-in-2017","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/3-new-ecs-to-watch-for-in-2017\/","title":{"rendered":"3 new ECs to watch for in 2017"},"content":{"rendered":"


\n2017 will be a quieter year for EC projects. (Photo: Christopher Chitty)
\nOnly 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
\n1) Choa Chu Kang Avenue 5<\/p>\n

The EC site at Choa Chu Kang Avenue 5 was awarded to a consortium led by Qingjian Realty in August 2015, after the developers submitted the top bid of $156 million ($295 psf per plot ratio) for the 1.6ha site. The 99-year leasehold site is located close to Sunshine Place shopping centre and Chua Chu Kang Primary School. It could yield about 490 units.
\n2)\u00a0\u00a0\u00a0\u00a0\u00a0 Yio Chu Kang Road<\/p>\n

Hoi Hup Realty won the 1.8ha EC site at Yio Chu Kang Road in February 2016. The developer submitted the highest bid of $183.8 million, which works out to about $331 psf on the gross floor area. Offered on a 99-year lease, the site could yield around 520 units. Nearby amenities include the Hougang 1 shopping mall, Nanyang Polytechnic and Rosyth School.
\n3)\u00a0\u00a0\u00a0\u00a0\u00a0 Anchorvale Lane<\/p>\n

The 2.1ha EC site located beside the Punggol Reservoir was awarded to Hoi Hup Realty and Sunway Developments in September 2016, after the developers jointly submitted the top bid of $241 million. The price translates to $355 psf per plot ratio. The Tongkang LRT station and several schools are located nearby. The 99-year leasehold site is expected to yield approximately 635 units.
\nLook out for\u00a0reviews of the new projects that will soon be built on these sites, or check our current project reviews!
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, wrote this story. To contact him about this or other stories, email\u00a0romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…3 new ECs to watch for in 2017<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

2017 will be a quieter year for EC projects. (Photo: Christopher Chitty) Only three new...<\/p>\n","protected":false},"author":1,"featured_media":38065,"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-38064","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\/12\/Location-plan-for-land-parcel-at-Choa-Chu-Kang-Avenue-5.jpg?fit=515%2C621&ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-9TW","jetpack-related-posts":[{"id":59054,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/e-applications-open-this-wednesday-for-hundred-palms-residences-ec\/","url_meta":{"origin":38064,"position":0},"title":"E-applications open this Wednesday for Hundred Palms Residences EC","date":"June 27, 2017","format":false,"excerpt":"\r Artist\u2019s impression of Hundred Palms Residences at Yio Chu Kang Road. The executive condominium (EC) market is set to stir back to life with the launch of Hundred Palms Residences at Yio Chu Kang Road. E-applications open this Wednesday and run until 10 July, while sales bookings start on\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":38064,"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":52456,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/eye-on-choa-chu-kang-urban-meets-nature\/","url_meta":{"origin":38064,"position":2},"title":"Eye on Choa Chu Kang: Urban meets nature","date":"April 21, 2017","format":false,"excerpt":"\r Several private residential projects have sprung up in Choa Chu Kang in recent years. (Photo: Erwin Soo, Wikimedia Commons) Formerly a kampung, Choa Chu Kang has transformed over the years into a self-contained satellite town with homes, eateries and recreational options. However, it still retains much of its laid-back\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2017\/04\/Data-for-D23-1024x275.jpg?fit=1024%2C275&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":8205,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wandervales-prices-start-from-655000-for-a-3-bedder\/","url_meta":{"origin":38064,"position":3},"title":"Wandervale's prices start from $655,000 for a 3-bedder","date":"March 2, 2016","format":false,"excerpt":"\r The showflat at Wandervale. (Photo: Yasmin Beevi) Sim Lian Group has released prices for the 534-unit Wandervale executive condominium (EC) in Choa Chu Kang, the first major property launch this year. In a statement, the group said prices start from $655,000 for a three-bedroom unit, $753,000 for a three-bedroom\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":61540,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hundred-palms-residences-sold-out-in-one-day\/","url_meta":{"origin":38064,"position":4},"title":"Hundred Palms Residences sold out in one day","date":"July 23, 2017","format":false,"excerpt":"\r The launch of Hundred Palms Residences attracted hundreds of buyers. (Photo: ERA Realty Network) Property developer Hoi Hup Realty sold all 531 units (100 percent) at its Hundred Palms Residences executive condominium (EC) at Yio Chu Kang Road on launch day yesterday (22 July). Hundreds of buyers turned up\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":54823,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-sold-1555-private-homes-in-april\/","url_meta":{"origin":38064,"position":5},"title":"Developers sold 1,555 private homes in April","date":"May 15, 2017","format":false,"excerpt":"\r A total of 419 units were sold at Seaside Residences, making it the top-selling project last month.\u00a0(Photo: Frasers Centrepoint Singapore) Property developers sold 1,555 new private homes in April 2017, down 12.6 percent from 1,780 units a month earlier, according to data from the Urban Redevelopment Authority. Seaside Residences\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\/38064"}],"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=38064"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/38064\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media\/38065"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=38064"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=38064"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=38064"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}