Westwood EC Singapore . Executive Condominium . Private Residential Estate
Westwood Residences is an upcoming Executive Condominium that will be launching for sale in May 2015. This Westwood EC site is an extremely rare one – the only EC nestled in a private residential estate, overlooking landed property, unblocked on 3 sides, and with a Velodrome.
Westwood Residences EC is located along Westwood Avenue in Jurong West, and close to the Nanyang Technological University & Cleantech Park. It is bounded by landed terrace houses on its north, The Woods cluster housing on its east, and The Floravale private condominium on its south.
The drawback to this Westwood EC site is the Pan Island Expressway (PIE) on its west. But if you are quick to register, and book your unit early during the VIP Preview, you will likely be able to pick an east-facing unit that overlooks the landed houses or The Woods cluster houses.
This gets you an unblocked view over the quiet low-rise private residential estate, especially of the lovely Woods cluster houses.
Register here to get a copy of the Westwood Residences Floor Plans Brochure, Pricing and Latest Updates as soon as available.
Westwood Residences . Westwood EC Amenities
- This EC sits in a nice residential neighbourhood that has its own small shopping centre. Gek Poh Shopping Centre is within walking distance, about 600m away.
- The Jurong West Sports Center, with its Sports Hall & Stadium, is about 2.3km down the road.
- As the crow flies, Westwood Residences is 1.55km to Pioneer MRT, and 1.8km to Boon Lay MRT, on th East-West Line. By road, about 2.4km and 2.6km respectively.
- Around 20 mins driving time off-peak to the Marina Bay / Shenton Way CBD or Orchard Road, via either the Ayer Rajah Expressway (AYE) or Pan Island Expressway (PIE).
Economics of Westwood Residences EC
- 15 to 20% (ie. around $200K to $300K) cheaper than similar new private condominiums.
- First time buyers are eligible for up to $30,000 CPF housing grant.
- You do not pay any agent’s fee or commission (unlike for HDB resale flats).
- Historically of all residential property types, executive condos have achieved the most capital appreciation. Not only do they move in tandem with the general appreciation in the overall market, but they also enjoy greater gain as they close the gap with prices of private condominiums from the 5th year onwards.
- The Jurong Lake District, 3 MRT stops from this Westwood EC, is slated for a transformation into a major commercial & leisure centre under the URA Master Plan. See the URA webpage (opens in a new window). The new KL-Singapore rail line is also expected to terminate in this location. Taken together, there is compelling potential for capital growth for the Jurong area.
WESTWOOD RESIDENCES EC · SHOWFLAT VIEWING · E-APPLICATION
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