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Property Details

The Vales (Executive Condominium)

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The Vales (Executive Condominium) - Anchorvale

TOP 2018 $631,000 onwards - 2 Bedroom
753 sq ft 2 Bedrooms2 Bathrooms517 Garages Print this page

The Vales is an Executive Condominium (EC) located in Sengkang / Punggol area, approximately 15 minutes walk away from Sengkang MRT station, bus interchange and Compass One mall. Adding to residents’ convenience is Cheng Lim LRT right at the doorstep. Other malls well-connected by MRT and LRT stations in the area are Waterway Point and Seletar Mall. Residents also enjoy easy access to major expressways like TPE and CTE due to the strategic location of The Vales. Future value can be further enhanced by the Cross Island MRT Line (year 2030) and Punggol Creative Cluster & Learning Corridor.

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

DEVELOPER   Sing Haiyi Group Ltd & Kay Lim Investment Pte Ltd
TENURE   99 years leasehold from 19 May 2014
POSTAL DISTRICT  19 (Outside Central Region – Punggol/Pasir Ris/Hougang)
ADDRESS   71/73/75/77/79/81/83/85/87 Anchorvale Crescent
TOTAL UNITS   517
SITE AREA   175,236 square feet
CARPARK   532 :

  • 517 common lots
  • 15 private lots
  • 6 handicap lots
  • 7 motorcycle lots
EXPECTED TOP  18 August 2018

 

LOCATION

FACILITIES

FLOOR PLANS

2bedroom Type A1 764sqft, unit 23/31/36

2bedroom Type A1a 753sqft, unit 14/17

2bedroom Type A2 764sqft, unit 01/18

3bedroom Type B1 904sqft, unit 10/13/24/27/32/35

3bedroom Type B2 915sqft, unit 04/19

3bedroom Type B2a 915sqft, unit 05

3bedroom Premium Type B3b 1033sqft, unit 02/06/09

3bedroom Premium Type B3a 1033sqft, unit 03/07/12/15/20

3bedroom Premium Type B3 1044sqft, unit 22/28/30/33

4bedroom Type C1 1270sqft, unit 21/26/29/34

4bedroom Premium Type C2 1410sqft, unit 08/11/16

3bedroom Maisonette Type C3p 1647sqft, unit #01-19

3bedroom Maisonette Type C4p 1679sqft, unit #01-07/12/15/20

3bedroom Maisonette Type C5p 1668sqft, unit #01-22/30/33

3bedroom Maisonette Type C6p 1712sqft, unit #01-21/26/29/34

3bedroom Maisonette Type C7p 1722sqft, unit #01-08/11/16

5bedroom Type D 1593sqft, unit 25

5bedroom Penthouse Type PH1 1668sqft, unit #15-08

5bedroom Penthouse Type PH2 1658sqft, unit #15-16

5bedroom Penthouse Type PH3 1658sqft, #15-26

5bedroom Penthouse Type PH4 1690sqft, unit #15-34

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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