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The Brownstone Executive Condominium, Exciting New Ec In Singapore
The Brownstone Executive Condominium is an upcoming Executive Condominium which will be launch during July 2015. This is an highly anticipated highly sought after development as the location will be less than 3 minutes walk from the future Canberra MRT station.
For an Executive Condominium to be a walking distance to the MRT station is extremely rare. There will not be such a huge difference in pricing between other new executive condominium costs and The Brownstone EC. Which means that the upside potential when it finishes its MOP and may be resold, could be greater.
The Brownstone Executive Condo is situated in the corner of Canberra Lane, Canberra Drive, and Canberra Link, next to the future Canberra MRT station (200 metre away). One stop to Yishun MRT where the future MEGA Northpoint City Shopping Centre will be built. 10 MRT stops to Orchard Road (less then 30 minutes train ride). Two MRT stops to Woodlands - The future Commercial district.
The North-South Expressway (NSE) is Singapore’s eleventh expressway. It will run parallel to the Central Expressway (CTE) to alleviate the traffic load on ...
... the heavily utilised CTE as well as nearby major arterial roads such as Thomson Road and Marymount Road. The NSE will connect the city centre with towns along the north-south corridor—Woodlands, Sembawang, Yishun, Ang Mo Kio, Bishan and Toa Payoh—via 16 in-ramps and 17 out-ramps.
Benefits of buying 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.
Executive Condominiums in essence is a Full condominium subsidized heavily by the government for eligible applicants with certain rules & regulations to abide. On average, ECs are about 20% to 30% cheaper than neighbouring private condos, therefore presenting itself as an extremely value for money investment or home. As Minister of National Development Mr Khaw Boon Wan said, "...It's like offering you a Lexus at a price of a corolla... and they know in due course, the price will go up to Lexus & above Lexus level..."
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