Project Details

Forestville EC

Forestville EC is the last Executive Condominium in Singapore without restrictions for dual keys units. Developed by Hao Yuan Investment Pte Ltd and managed by MCC Land (Singapore) Pte Ltd, it is located at Woodlands Ave 5 right beside La Casa Executive Condominium.

Why Own Forestville Executive Condo @ Woodlands?

* Forestvile Executive Condo not affected by cooling measures
> Do not need multi-generation to buy dual key units
> No Additional Buyer Stamp Duty
> Not subjected to lower Loan to Value for upgraders. 80% loan is applicable
> No minimum restriction in using CPF

1. Near Woodlands South MRT Station (Thomson Line)

Everyone knows the benefit of staying near a MRT station. It is not only convenient for you but also one of the criteria your future buyers and tenants will look for. When Thomson Line is ready in 2019, property prices near this MRT station is set to appreciate much more. Thomson Line will helps citizens in the North to get to the city much faster than ever before.

2. Future Development – Woodlands Regional Centre

Preliminary plans for Woodlands Regional Centre is unveil on 24 Feb 2013 by our National Development Minister Khaw Boon Wan. The Woodlands Regional Centre, which aims to bring jobs closer to homes, will have two distinct precincts. One of the precincts will for now be called the Woodlands North Coast and will include the area between the Republic Polytechnic and the Woodlands Waterfront. Woodlands Central, the area around the Woodlands MRT station, will form the other precinct. Woodlands will be a key part of the new North Coast Innovation Corridor announced in the Land Use Plan in January 2013. The new commercial and retail activities in Woodlands Regional Centre provides better amenities for people staying in Woodlands and more rental opportunities for landlords. Can you imagine the price appreciation for Woodlands properties once the Regional Centre is up and running?

3. Cross border raillink between Singapore and Kuala Lumpur confirmed

The new link will boost tourism in both countries. With the high speed rail way up in seven years time, Woodlands will no longer be “ulu” again. There will definitely be more  business and retail activities sprouting in Woodlands in years to come to benefit from the better connectivity between Singapore and Kuala Lumpur. That is why infrastructures like the addition of 3 more MRT station (Woodlands, Woodlands North, Woodlands South) in Thomson Line, and Woodlands Regional Centre are planned for to meet this future need. If something big is not happening in Woodlands, why will the government plan for three Woodlands MRT station? (see picture above)

4. Plenty of malls for you to choose from to meet your daily needs

Vista Point, 888 Plaza, Causeway Point, Civic Centre give you plenty of choices to choose from for entertainment, food and shopping. Not forgetting that your choices will only widen with upcoming Woodlands Regional Centre.

5. Potential upside for Executive Condos

As Mr Khaw Boon Wan said in parliament about executive condos: ”It’s like offering you a Lexus at a Corolla price, but only Singaporeans have this privilege of doing so and they know that in due course the price will go up to Lexus and above Lexus levels.” See article “Resale ECs close to private home prices” below

6. Dual Key units for rental income

Dual Key units can be rented out immediately when you collect your key. Get your tenant to finance your EC every single month without sacrificing  your privacy. This is the last EC without multi-generation ruling for purchasing dual key units.

FORESTVILLE SPECIFICATIONS

Property Name:
Forestville EC
Developer:
Hao Yuan Investment Pte Ltd (Managed by MCC Land (Singapore) Pte Ltd
Architect:
Surbana
Tenure:
99 years wef 6 August 2012
Location:
Woodlands Drive 16
Expected TOP:
2016
Legal Completion:
2019
Units / Size:
653
Carpark:

653 + 5 Handicap Lots

Site Area:
258,800 sqm
District:
25
Summary
Reviewer
All Property Launches
Review Date
Reviewed Item
Forestville EC
Author Rating
5

Location

Forestville Location Map

Site Plan

Forestville Site Plan

FORESTVILLE EC
LAST 8 UNITS LEFT

Type Size Unit No. Price
E1 1496 #02-19 $1,121,000
E1 1496 #04-19 $1,133,000
D1 1195 #02-47 $986,000
D1 1195 #03-47 $991,000
D1(P) 1539 #04-48 $1,110,000
D1 1195 #07-48 $961,000
D2 1249 #10-52 $978,000
D2 1249 #11-52 $983,000
Disclaimer: Launch Property Singapore is not liable for any incurracy, information & images that are shown are subjected to varitation, modification. subsituition & is accurate at the time of dissemination.

Floor Plans

Click To Download Forestville Floor Plans!

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