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Property Details

The Terrace (Executive Condominium)

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The Terrace (Executive Condominium) - District 19

TOP Mar2018 $759,600 onwards - 3 Bedroom
1001 sq ft 3 Bedrooms3 Bathrooms753 Garages Print this page

The Terrace is an executive condominium occupying 172-metres frontage of Punggol Waterway. This development features 3 tiers of Terraced Living within; Active, Leisure & Tranquil. The Active Tier features the exciting Waterfront Terrace where residents enjoy the view of Punggol Waterway while they swim, exercise or party. The Leisure Tier is where the Origami shaped lap pool, reading room and karaoke rooms are and all these are connected via the Architectural Boardwalk Terrace. At The Tranquil Tier, peaceful meandering water stream surrounds the Peaceful Meditation Terrace where  yoga decks and hammocks help give residents rest & rejuvenation.

Executive condominiums (ECs) are designed to cater housings for the sandwiched class who exceeds the income cap for HDB flats (public housing) and yet insufficient purchasing power to purchase private properties. Purchase eligibility for ECs are governed under HDB regulations yet sales are conducted in similar manner as private condominiums.

ELIGIBILITY CONDITIONS

For eligibility conditions and the relevant schemes to apply, please visit the Executive Condominium (EC) Eligibility page. All eligibility conditions are based at point of booking. Owners & Essential Occupiers are required to remain eligible from point of booking until throughout the first 10 years of occupation. However, should your income exceed the EC eligibility income cap after exercising OTP, it has no effect on the purchase.

RESALE LEVY

To find out if you are subjected to Resale Premium, Resale Levy or Revised Resale Levy and how much you have to pay, please visit the HDB Resale Levy and Revised Resale Levy page.

PAYMENT SCHEME

CPF Housing Grant is only available to Singapore Citizen (SC) who have not previously taken any housing subsidy and/or grant. They must  also meet all prevailing eligibility conditions for grant and for buying an EC unit.

Normal (Progressive) Payment Scheme (NPS) for EC:

Booking fee  5% of sales price
Exercise Option 15% of sales price within 9 weeks from Option date or on exercising of OTP, whichever is later
Foundation completed 10% of sales price
Framework completed 10% of sales price
Partition walls completed 5% of sales price
Roof/Ceiling completed 5% of sales price
Door,wiring,plastering,plumbing completed 5% of sales price
Carpark, roads, drains completed 5% of sales price
Obtained Temporary Occupation Permit (TOP) 25% of sales price
ertificate of Statutory Completion (CSC); within 12 months from TOP date  15% of sales price either in manner of 13%+2% or 8%+5%+2%, depending on administrative progression.

Deferred Payment Scheme (DPS) for EC:

Booking fee  5% of sales price
Exercise Option  15% of sales price within 9 weeks from Option date or on exercising of OTP, whichever is later
Obtained Temporary Occupation Permit (TOP)  65% of sales price
Certificate of Statutory Completion (CSC); within 12 months from TOP date  15% of sales price either in manner of 13%+2% or 8%+5%+2%, depending on administrative progression.

DEVELOPMENT DETAILS

ADDRESS 80/82/84/86/88/90/92/94/96/98/100/102 Edgedale Plains
POSTAL DISTRICT 19 (Outside Central Region – Punggol; northeast)
EXPECTED TOP March 2018
TENURE 99 years leasehold
TOTAL UNITS 747
ARCHITECT DP Architects
DEVELOPER Kheng Leong Co.
SITE AREA 259,034 square feet
CARPARK 747 lots + 6 accessible lots; 2 storey MSCP, full B1, partial B2

LOCATION

FACILITIES

FLOOR PLANS

3bedroom Type A, 1001sqft,unit 04/19/22/27/32/33/39/43/47

3bedroom Type Ag, 1001sqft #01-19/22/33/39/43

3bedroom Premium Type B1, 1173sqft, unit 02/03/06/07

PES 3bedroom Premium Type B1g, 1173sqft, #01-03

3bedroom Premium Type B2, 1076sqft, unit 17/18/20/21/23/24/25/26/28/29/30/31/34/35/36/45/48

PES 3BR Premium Type B2g 1076sqft, #01-17/18/20/23/24/25/26/29/30/35/36

3BR Premium Type B3 1076sqft, Unit 37/40/41/44/46

PES 3BR Premium Type B3g 1076sqft, #01-37/40/41/46

3BR Premium Type B4 1076sqft, Unit 21/34

PES 3BR Premium Type B4g 1076sqft, #01-21/34

4BR Type C1 1313sqft, Unit 01/11/15/38/42

PES 4BR Type C1g 1313sqft, #01-11/15/38/42

4BR Type C2 1313sqft, Unit 08/12/16

PES 4BR Type C2g 1313sqft, #01-08/12/16

4BR Premium Type D 1442sqft, Unit 05/09/10/13/14

Penthouse 5BR Type E 1711sqft, #14/15-05 #15/16-13/14 #16/17-09/10

Property Map

Agent Henry Lim

  • Mobile : +65 86868388

Henry Lim graduated with a Diploma in Civil & Structural Engineering from Singapore Polytechnic in 1999 and proceed to serve as a Naval Combat System…
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