The Terrace EC is a completely new launch 99-year leasehold development, undertake by Kheng Leong Group. This is a very reputable developer with developments found mainly in the prime district nine, ten and eleven. Track records projects are Nassim Residence,Katong Regency, Principal Garden. This is truly an amazing development with high end fittings and finishes and yet at a fraction of what district nine buyers are paying. terrace ec price is going for approximately Singapore Dollars Seven Hundred odd per square feet versus a private condo in the same location, is selling at estimate Singapore Dollars One Thousand One Hundred per square feet.
Buyers are buying into The Terrace due to several positive reasons. Firstly, this Terrace EC buyers can make full use of the Central Provident Fund monies, commonly known as CPF plus bonus up to Singapore Dollars Thirty Thousand if they are the first timer.
Secondly the concessionary stamp duty of 3% is applied to this Punggol EC Condo.
Thirdly, the home loan is easily obtainable without considering existing home loan.
Lastly, the location of the Terrace EC is fanastic. It is the one and only EC having a super huge Man-made Waterway View. Most of the units are having a pananomic view of the river. Without those without the river view, you could always go to the facilities deck for relaxation and chilling out and enjoy the cool breeze and appreciating the view of the river.