The Altura EC sold 61% on launch today. The executive condo at Bukit Batok is well positioned to take advantage of the next growth area in Bukit Batok and Tengah area.
As at 5pm, Altura EC sold 220 out of the 360 units available, or 61.11%. There are still about 140 units available.
Altura EC sold 61% on launch : What are the units sold
Based on the information available, most of the units sold are 3 Bedrooms units. The smaller 3 Bedroom Premium and Study sold 133 units out of the total of 180 units. The 4 Bedroom Deluxe sold 75 out of 135 units and the largest 5 bedroom sold 12 out of the 45 units available.
This is pretty good results for a first day launch, although Tenet EC sold 72.3% on the day of launch. And of course, Copen Grand EC at Tengah is 100% sold out now.
About Altura EC
Altura EC, an executive condominium (EC) development by Qingjian Realty located at Bukit Batok West Avenue 8 in Singapore. The EC has a 99-year lease and covers a land area of 12,449.3 square meters, with plans for 6 blocks of 15-story high-quality EC units. The developer, Qingjian Realty, is known for its commitment to quality homes and has received multiple awards for its projects.
The location of Altura EC is highly accessible, with easy access to transportation options such as the Bukit Gombak MRT station and upcoming Tengah Park MRT on the Jurong Region Line. The EC is also within 1 km of the future Anglo-Chinese School (Primary) 英华小学 at Tengah.
Bukit Batok, the area where Altura EC is situated, is surrounded by nature parks offering various outdoor activities. Additionally, there are shopping options available nearby, including West Mall and HillV2.
The developer agent web site has the availability of floor plans, site plans, and facilities for Altura EC, and it provides contact information for those interested in more details about the project.
In summary, Altura EC by Qingjian Realty is an upcoming executive condominium development in Bukit Batok West Avenue 8. The project offers high-quality EC units, easy access to transportation, nearby schools, nature parks, and shopping options.
No wonder it has such a good launch day !
Attraction of Executive Condos like Altura
The news that nearly all ECs sold in the last 15 years made an average profit of $300,000 is one of the reasons why EC like Altura are highly valuable. It is not a real estate that is available to all buyers but only to Singaporean Citizens (and their families). You need to fulfil HDB eligibility criteria to buy ECs in Singapore (read about the top ten questions on ECs) and also meet the salary requirements etc.
But ECs offer a lifestyle close to private condominiums and can be sold after 5 years to Singaporeans and then 10 years to foreigners. It is as close to the private property dream a Singaporean can get.
