Singapore has actually been getting more exciting and some attention because of its upcoming launches namely The Panorama, the Boardwalk Residences, Bellewaters executive condominium and Nine Residences. The recent launch of Alex Residences, Liv on Wilkie and Onze @ Tanjong Pagar made people, both foreign and resident purchasers; crave for more and more locations that are just in walking distance to business MRTs and hub.
Executive Condominiums come furnish with most of amenities of their private counterpart, like from security guards to swimming pools, but are relatively more reasonably priced. So when private housing prices dropped considerably in first half of 2000s, Government stopped churning executive condominiums out. It is normally referred as a hybrid type of housing because it is bound by few ownership rules governing HDB flats in first ten years. But on other side of coin, purchasers purchasing ECs from developer, similar to purchase of HDB flats, are actually eligible for type of CPF housing grant. You can Visit HDB, “CPF Housing Grant for Family executive condominium”, for details of grant quantum which is completely based on citizenship status and household income.Bellewaters executive condominium or in short Bellewaters EC are one of its kind EC in whole Singapore due to its location and special structure.
There will be increased demand for housing in area with 10,000 new jobs expected to be available from upcoming Seletar Aerospace Park. Extra demand for service is also expected from upcoming General Hospital of Sengkang, set to be completed in 2018. Lots of reputable schools such as Hougang Primary &Secondary Schools, Nan Chiau Primary, Fernvale Primary could also be found in vicinity of Bellewaters.Bellewaters EC is very well connected to main expressways, just couple of minutes drive to Central Expressway, Kallang-Paya Lebar Expressway and Tampines Expresswayproviding easy access to each and every parts of Singapore.