Waterwoods Executive Condo Punggol
Waterwoods Punggol Executive Condo (Executive Condo) coming soon in 3rd Quarter 2013 !
This is good news for Punggol residents who are looking to upgrade to an Executive Condo in 2013. The Housing & Development Board (HDB), who released the results for the Executive Condo site at Punggol Field Walk / Punggol East has awarded the tender bid to the highest bidder Sing Holdings Limited, at the tender price of $162.1 million on 10 Dec 2012. Waterwoods Punggol Executive Condo is within 3 mins walk to Coral Edge LRT and mins to the Punggol MRT and Bus Interchange. It is well connect via major expressways such as the TPE and KPE. Various amenities such as Food and Beverage outlets, Shopping malls and educational institutions are nearby as well.
Waterwoods Punggol Executive Condo Project details
Project Name: Waterwoods Punggol Executive Condo
Location: Punggol Field Walk / Punggol East
Development Type: Executive Condominium
Site Area: 14,307 sqm
Land Tenure: 99 years
Estimated number of dwelling units: 450 units
Estimate TOP date: 2017
Launch Date of Waterwoods Punggol Executive Condo : Estimated 3rd Quarter of 2013
WHY Waterwoods Punggol Executive Condo @ Punggol Field walk
Land for new development in Singapore is scarce. Therefore, PUNGGOL, being one of Singapore’s
youngest towns has been indicated as the future of our country’s residential development.
With development plans such as Punggol 21 Plus, there is no other place to be in than PUNGGOL!
From the beautiful roof top gardens in every block to the rustic overgrown foliage leading to the
nearby beach, Punggol is truly an intriguing mix of the new and the old, an interesting buzz of
urbanisation amidst the quaint rural backdrop of places untouched by modernisation.
PUNGGOL 21 PLUS
Punggol 21 Plus is a development plan to offer a new vision and to revitalise Punggol New Town.
Under the new plan, Sungei Punggol and Sungei Serangoon, which flank the town, will
be dammed up to create a freshwater lake and serve as a reservoir. A 4.2-kilometre long,
20-30-metre wideman-made waterway will run through the estate, linking both rivers.
There will be recreational facilities like water sports for kayaking and canoeing, gardens
and parks with jogging and cycling tracks, rooftop gardens, eateries for al-fresco dining and a floating
There’s the Promenade @ Punggol on the northern sea front, stretching about 8.7 km. An integrated
waterfront commercial and residential development has also been planned at the town centre, which
will be built on both banks of the waterway.
Punggol Central will be converted into a tree-lined boulevard with landscaping.
Amenities – Promenade @ Punggol Near Waterwoods Punggol Executive Condo
Promenade @ Punggol is only a short 5 minutes stroll from our Waterwoods Punggol Executive Condo .
Residents can look forward to a host of recreational activities along the $16.7 million Punggol Promenade. The 5km promenade will link two activity clusters – Punggol Point and Punggol East. It is part of a 150km route that will allow residents to walk, cycle or jog around the whole island eventually.
The Punggol Promenade is a long public waterfront promenade serving as a key pedestrian connector for the future Punggol Waterfront Town.
Eateries Near Waterwoods Punggol Executive Condo
Waterwoods Punggol Executive Condo is located within less then 10 min walk.Several renowned food-chains have commenced business operations within Promenade @ Punggol.
POPEYES Restaurant, the famous fast food chain that originated from New Orleans, Louisiana provided Punggol Residents with an alternate taste of sensation.
Uncle Leong Seafood has also set up another outlet in Promenade @ Punggol. Crab lovers swamp from all over the island to have a taste of their seafood delicacies.
Frenzie Bistro is a favourite chill and relaxing café where diners can enjoy the river view as well as beers, liquors and western cuisine.
Entertainment Near Waterwoods Punggol Executive Condo
Golfers @ Punggol
Today, Poh Bros. has yet taken another leap in the local golf industry by bringing over another outstanding driving range to behold! Golfers @ Punggol!!!
Golfers @ Punggol is conveniently located near Riviera LRT within Promenade @ Punggol. They are fully equipped with 80 bays within 2 levels, and facilities such as cafe, a golf simulator, a golf school, as well as, 2 pro-shops for your immediate golf needs.
Prawning Near Waterwoods Punggol Executive Condo
Singapore’s biggest Prawning Facility, Haibin has opened their 3rd outlet in Promenade @ Punggol. It provides yet another recreational activity that is very popular among Singaporeans today.
Its new residential town is set to capitalise on what remains of this lovely setting. The waterway traversing
the town centre and the coastal promenade are pleasant additions to the breezy open spacesand seafood
restaurants. The Town Park is a multi-purpose park located just a few minutes’ walk north of the Punggol Town
Centre. Its traffic-free environment makes it an ideal venue for plenty of leisure and recreational activities along
the Punggol Waterway.
Punggol New Town, under the Punggol 21 Plus development planning is gradually becoming one of
Singapore’s favourite neighbourhood. It provides convenience to our everyday living. Our Waterwoods Punggol Executive Condo, for example, is less than 5 minutes’ walk away from Punggol Plaza. There is also the upcoming Waterway Point, which is one of Singapore’s biggest neighbourhood shopping mall and will be ready before the T.O.P .
Punggol Plaza - Within 500m away,it make shopping for daily necessities and eateries just a stone throw away!
‘Waterway Point’ will be the first suburban waterfront mall to be developed in Singapore. The
upcoming Shopping Mall is significant addition to the new Punggol Waterfront Project
Waterway Point will provide a fresh retail and lifestyle experience, aimed at adding vibrancy to the
Waterfront Town, which is described as the ‘Venice of Punggol’. It will serve not only residents in
Punggol and the northeast, but also attract visitors islandwide.
Waterway Point is the retail component of Watertown, Singapore’s first luxurious waterfront
development that seamlessly integrates a high quality shopping mall, residences, and a
comprehensive public transport network.
The mall, targeted to be completed in 2015, will boast a first-of-its-kind cinema with an estimated
1,000 seating capacity and boasts the first ever suburban late-night shopping, dining and
entertainment concept by the waterfront.
School Near Waterwoods Punggol Executive Condo
Our Waterwoods Residences- Punggol Executive Condominium is located in the heart of Punggol, where education institutes
are within walking/ short driving distances. Other than Primary and Secondary Schools, Nurseries
and Childcare Centres are also readily available for young parents and their toddlers in the
Popular Primary School such as Meetoh school is located just within 1km from our Ec site.This increase the chance of enrolling your kids in the most popular Primary school.
Coral Edge Lrt is located within 300 m away.3 stops away from Punggol mrt staion,travelling to town take less then 30 min!
Executive CondominiumWhat are Executive Condominiums?
Executive Condominiums (EC) were introduced to cater to Singaporeans, especially young graduates and professionals who can afford more than an HDB flat but find private property to be out of their reach. ECs are comparable in design and facilities to private condominiums as they are developed and sold by the private developers. Essentially, an EC has most, if not all, the facilities of most private condos.
Who is eligible to buy an Executive Condominium?
There are a number of criteria purchasers must meet. Some basic criteria is that applicants need to consist of at least one Singaporean. They must form a family nucleus, and their household incomes should not exceed S$12,000 per month.
What incentive is there to purchase an EC?
If both first-timer applicants are Singapore citizens they are eligible to receive up to $30,000 in CPF housing grant. If only one applicant is a Singapore citizen, they are eligible to receive half grant.
What documentation do applicants need to bring with them to the Application process?
Generally, the documents required would be their NRICs, marriage certificates, and latest income statements.
What are the advantages of purchasing an EC?
An Executive Condominium is very similar to a private condominium, where there are facilities for owners to enjoy, which are usually restricted to residents’ usage. In addition, other than purchasing it at a subsidized rate, purchasers of EC are able to apply and use the Housing Grant for the purchase of the EC unit, if they are eligible.
What are the rules and regulations governing selling an EC?
Owners would have to fulfil a MOP of five years. No transaction is permitted before this period is fulfilled. After five years, owners can sell their units to Singapore Citizen and/or Singapore Permanent Resident, and after 10 years they can sell to foreigners.