The ValesThe Vales EC is an exciting new Executive Condo that will be launching in the North-East of Singapore, along Anchorvale Crescent, in 2015.  

Located only 600m from Sengkang MRT/LRT Station, residents will enjoy easy accessibility to amenities in and around the area. 

Scroll down for project information, official brochure/floor plans and non-obligatory registration that will enable you to enjoy priority & price benefits.

Vibrant  *  Accessibility  *  Luxury  *  Exciting  *  Sophistication



NOW OPEN FOR BOOKING

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Location / Perspectives

The Vales EC Project Facts

Project The Vales EC
Developer SingHaiYi / Phoenix Real Estate
Location Anchorvale Crescent / Sengkang
Development Executive Condo comprising 9 blocks of 15 storeys each, with landscape deck, basement carpark, swimming pool and communal facilities.
District 19
Tenure 99 years lease 
Site Area 175,237 sqf
Plot Ratio 3.0
Expected TOP: TBA
Total Units 517 units
Total Carpark Lots TBA
EC Eligibility Scroll down to "Additional Info" > "EC Eligibility At A Glance"

The Vales EC - Unique Points

 Only 600m from Sengkang MRT/LRT station
 Near numerous amenities like supermarkets, shopping malls, educational institutions, food centres and parks.
 Enjoy improved amenities as part of the Sengkang Master Plan
 Good connectivity and accessibility. Easy access via TPE, CTE, SLE
 EC Bank Loan not effect by current outstanding HDB Loan
 CPF Grant for First Time buyers
 No ABSD (Additional Buyers Stamp Duty)

Amenities Galore!

Additional Info

Site Plan 

View in pdf: The Vales Siteplan

Nearby Amenities - List and Distances

Category Nearby Amenities Approximate Distance
Train Stations Cheng Lim LRT (SW1)
Sengkang (NE16)
0.1km
0.6km
Bus Stop Blk 261 (Bus: 43, 83, 109, 119)
Opp Blk 261 (Bus: 43, 83, 109, 119)
0.2km
0.2km
Supermarkets Prime (Compassvale 263)
Cold Storage (Compass Point)
Fairprice (Rivervale Mall)
Giant (266 Compass Bow)
0.3km
0.5km
1.3km
1.7km
Shopping Malls Compass Point
Rivervale Mall
Rivervale Plaza
Fernvale Point
0.5km
1.3km
1.5km
2.0km
Institutions Preschool  
PCF Punggol Central Blk 262A
PCF Punggol Central Blk 292B
Sengkang Methodist Children Centre
Mahad Al-Nasry @ Sengkang Kindergarten
St. Anne’s Church Kindergarten
PCF Punggol Central Blk 231-232
PCF Punggol Central Blk 206A-206D
PCF Punggol North Blk 105D
PCF Punggol East Blk 124A-124
PCF Punggol West Blk 303A
0.2km
0.5km
1.0km
1.0km
1.0km
1.1km
1.1km
1.3km
1.3km
1.5km
Primary  
Compassvale Primary School
Springdale Primary School
Nan Chiau Primary School
Punggol Green Primary School
Anchor Green Primary School
Seng Kang Primary School
Rivervale Primary School
North Spring Primary School
Palm View Primary School
North Vista Primary School
Mee Toh School
Edgefield Primary School
Punggol View Primary School
0.5km
0.5km
0.6km
0.8km
1.0km
1.0km
1.2km
1.4km
1.4km
1.5km
1.6km
1.6km
1.6km
Secondary  
Compassvale Secondary School
Nan Chiau High School
Edgefield Secondary School
CHIJ Saint Joseph’s Convent
Seng Kang Secondary School
Punggol Secondary School
Greendale Secondary School
0.7km
0.9km
1.1km
1.1km
1.2km
1.8km
2.0km
Junior College  
Serangoon Junior College 3.6km
Tertiary  
Nanyang Polytechnic (NYP) 5.4km
International  
Chatsworth Kindergarten 3.0km
Food Centres Kopitiam Square
Punggol Food Centre (U/C)
0.5km
1.5km
Lifestyle Sengkang Sculpture Park
Sengkang Riverside Park
Sengkang Sports and Recreation Centre
0.4km
0.7km
0.8km

 

 

ECs In The News / Commentary

2015: Year of the ECs?
In 2015, up to seven EC projects will be launched, giving buyers plenty of choice. These include Westwood Residences (Westwood Ave, Jurong), The Brownstone (Canberra), The Vales (Anchorvale Crescent, Sengkang).

'ECs have most, if not all, of the facilities of private mass- market condominiums and are generally comparable in design and facilities,' said Ms Chia Siew Chiun, director of research and advisory at Colliers International."
Source: The Straits Times - April 19, 2015


Buyers See Value In ECs:
Executive condos (ECs) are physically similar to private condos, have a wide range of facilities, but are typically 20 - 30% lower in cost. In addition, first-time buyers may apply for $30,000 CPF grant, making their new homes even more affordable. What's more, ECs are privatised after ten years, after which they may be sold to foreigners.

"Executive condominiums (ECs) have grown more popular with buyers in recent months as a price gap with mass-market condos widens".
Source: The Straits Times - April 3, 2013 


EC Resale Prices Catching Up With Private Condos:
The popularity of ECs in recent years saw resale prices trending upward. Property cooling measures put in place over the last year or so have slowed this trend marginally (e.g. prices dipped only 0.2% in March 2015 over the previous month). As new ECs are sold at a significant price reduction compared to private condos, buyers can still look forward to good price appreciation in the forseeable future.

"Prices of RESALE executive condominiums (ECs) are catching up with those of private mass market homes as the increasingly luxe features at recent ECs have boosted the profile of these homes."
Source: The Straits Times - December 1, 2012

EC Eligibility At a Glance

  • Main applicant must be a Singapore Citizen and above 21 years old. Co-applicant can be a Singapore Citizen or Singapore Permanent Resident.
  • Both applicants must be either 1st or 2nd time buyers (existing or ex-owners of a HDB flat).
  • Applicants must form a valid family nucleus under one of the HDB’s eligibility schemes in order to buy an EC flat.
  • Applicants' combined household gross monthly income must not exceed S$14,000.
  • Applicants and occupiers listed in the application form must not own any private property or must not have disposed of such a property within 30 months of the date of application of the EC flat.
  • Applicants and occupiers have not bought two housing units before (eg. a flat bought directly from HDB, resale flat with CPF Housing Grant, DBSS or EC flat from developer).
  • Second-time applicants (who are existing owners or ex-owners of a flat, resale flat with CPF Housing Grant, or DBSS flat from developer), must meet the 5-year Minimum Occupation Period (excluding any period of subletting of whole flat) before applying for a new EC flat.

For more information, please refer to the HDB website.

Available Payment Schemes

Bank Loan Ceiling

Date of Booking Loan Ceiling
After 20 Feb 2010 80% of purchase price

*Purchase = 5% Cash min + 15% CPF or lesser + 80% Loan

Normal Payment Scheme (Progressive)

Stage Percentage
Upon the grant of Option to Purchase 5% (Booking Fee)
Upon signing of the Sale & Purchase Agreement or within 9 weeks from the Option date 15%
Completion of foundation work 10%
Completion of reinforced concrete framework 10%
Completion of brick walls 5%
Completion of roofing /ceiling 5%
Completion of electrical wiring, internal plastering, plumbing & installation of door & window frames 5%
Completion of car park, roads & drains serving the housing project 5%
Notice of Vacant Possession (TOP) 25%
On Completion Date 15%

Deferred Payment Scheme

Stage Percentage
Upon the grant of Option to Purchase 5% (Booking Fee)
Upon signing of the Sale & Purchase Agreement or within 9 weeks from the Option date 15%
Notice of Vacant Possession (TOP) 65%
On Completion Date 15%

Download Brochure & Floor Plans

Register with us and be among the first to receive official updates, brochures, floor plans, etc as they are released by the developer. Online application form is available on this page. 


Developer-Appointed Sales Team

Contact us for more info, floor plans, prices, showflat viewing, etc:

Call Pemi: 9009 1172
Call Jag: 9488 4904

Contact Us Today:

  Pemi: 9009 1172
      (CEA Reg. No. R010353I)

  Jag: 9488 4904
      (CEA Reg. No. R010353I)

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Propnex Realty Pte Ltd.
License No: L3008022J

480 Lorong 6 Toa Payoh
HDB HUB East Wing #10-01
Singapore 310480.
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