- Copen Grand EC is developed by: CDL and MCL Land
- Total Units: Estimate 620
- Bedroom Type: 3 to 5 bedroom
- Vacant of possession: To be advise
- Location: Tengah Garden Walk
- Developer Units Fully Sold
| For buyer looking for, | Not for buyer, |
|---|---|
| Near MRT | Who do not prefer West side of Singapore |
| Potential capital appreciation | Looking for mature town |
| Reputable developer | Who don’t meet criteria to purchase EC |
At the time of writing (15 August 2022), there is no specific information on Copen Grand EC. What you might find online is primarily unofficial information or the editor’s own assumption.
We gathered information from various sources, including marketing agency data.
Copen Grand EC, targeted to launch in the fourth quarter of 2022, may have 628 units spread across 12 blocks with up to 14 storeys.
If you want to get an EC in the West, just go for it. Since the most recent EC, Lakelife along Tao Chin Road, was completed in 2017. The next West Side EC will be located along Bukit Batok Avenue 8, and the land price will be $65 per square foot (per plot ratio) higher than Copen Grand.
In a subsequent section of this article, we will discuss on price in more detail.
Copen Grand EC location
Will this new township be the next Punggol, where individuals who first believed in and purchased their home in Punggol gained enormous profits?
In our opinion, Tengah will surpass Punggol.
The next significant development to draw more professionals to this area, which is right next to Tengah, will be Jurong Innovation District and Jurong Lake District which is Singapore’s second central business district.
First Executive Condo Project In Tengah.
Surrounded by 3 MRT Stations
National Technology University and the National University of Singapore are also located in the West. Tengah will continue to expand over time with the help of a very robust growth area, which are not found in Punggol.
Tengah’s residential sections are separated into five districts, each with its own distinct personality. Plantation District, Garden District, Park District, Brickland District, and Forest Hill District are the districts. As part of Singapore’s ambition to integrate nature into dwellings, forest and nature motifs would be prominent in district planning and design. Learn more about Tengah via HDB article.
Is Copen Grand EC pricing on the high side?
Looking back, for an Executive Condo launching at a projected average price of $1,3xx per square foot is definitely something we cannot think of, I mean, who expects an Executive Condo to break the $1,100 psf mark?
Copen Grand EC won’t be the first EC to breach the $1,100 per square foot barrier, though; most recently, North Gaia at Yishun did it. The real question is where the $1,000 threshold will be established.
I don’t think I need to remind you of the outrageous inflation rate. And a so-called mass market property nowadays costs more than $2,000 per square foot, as well as more HDB are shifting hands for over millions dollars.
According to the chart below, the price of EC land can only increase.
Do you think future EC land will cross $700 psf (ppr)?
Copen Grand EC land was purchased at $603 per square foot (per plot ratio), which is and will continue to be the cheapest in this part of Singapore that comes with such high growth potential.
Another developer had bought an EC land at Bt. Batok West Ave 8, a joint venture between Qingjian Realty and Santarli Construction, together, they got it for $661.67 psf (ppr), or around 9.73% higher than Copen Grand.
Copen Grand EC Floor Plan and Site Plan
The official Copen Grand EC floor layout and site plan will take some time to finish.
Before you go ahead with Copen Grand. Purchasing EC is more complicated than purchasing a private condo unit. It is also critical to double-check the loan amount based on the Mortgage Servicing Ratio (MSR) and many other things.
Join our our list of buyers like yourself, we provides you with the most up-to-date information and ensuring your purchase is seamless and worry-free.
Speak to us today.
Our Opinion
We are looking to pay over $1,100 psf, of which you might not yet be able to stomach. However, that is the reality.
We had accepted prices for new private condo in the mass market that cost more than $2,000 psf. Individuals are already snapping up the stock even at prices close to $3,000 per square foot. Is only fair for EC to close up the gap.
Copen Grand EC is full of potential in the long run. So, why not be the one to ripe the benefit for having a unit in this first Executive Condo in Tengah?
Purchase something while there are many opportunities for improvement and when it is still in its infancy. Your home’s worth will rise as a result, as things can only get better.
Is there any criteria to buy a new EC In Singapore?
Yes, you must fall under one of HDB’s eligibility schemes to buy a new EC.
Can Singles buy a new EC?
No.
What are the new EC available now?
North Gaia in Yishun that was launched in mid 2022. In the East will be Tenet EC, expected to launch 4th quarter 2022.