Northwave EC Woodlands

[SGPropLaunch]

Northwave EC is a brand new executive condominium in Woodlands View, District 25. To be built by Hao Yuan Investment, a subsidiary of MCC Land, the development will feature a total of 358 residential units incorporated in to 6 towers of 16 storey. Preliminarily, there will be a comprehensive selection of 2, 3, 4 bedrooms that will suit home buyers with various family nucleus.

One of the exceptional attribute will be Northwave location worthy of a mention. Woodlands will be the next Regional center in Singapore after Tampines and Jurong East. Evident from the success of previous 2 URA major developments, we can see similar infrastructures are being planned to be replicated in Woodlands which include a hospital, offices, mixed developments and transport systems. Also taking reference from previous regional centres, there is an obvious appreciation of property value in the regions. Hence, it is expected that Northwave price will be follow suit in future, benefitting the privileged buyers.

MCC Land is not new at all in the real estate development scene. Their previous completed projects include The Canopy, One Canberra, Canberra Residences, The Nautical and ongoing projects include Poiz Residences, The Santorini, Sea Horizon, Forestville and Tre Residences. Northwave TOP date is anticipated to be around mid of year 2020 which will perfectly coincide with the operation of North-South Expressway and the two new MRT station that serves the Thomson East-Coast Line.

[Canberra]

This is good news! The EC at Canberra is looking really nice

However, the option-to-purchase is rather high, currently market is still piping hot, and adopting credit loans is not quite a feasible option. Yes, it stands at standard rate 20 percent but the price determines the quality score as a whole.

Consumers can't really fork out too much due to the cooling measures such as mortgage servicing ratio or total debt servicing ratio - painful to new loan takers and debtors - like my family.