Westwood Residences is an new Executive Condominium which will be launch for sale in May 2015.
Westwood Residences EC is situated along Westwood Avenue in Jurong West, and close to Cleantech Park & the Nanyang Technological University. It's bounded The Woods bunch home on its east by landed terrace houses on its north, as well as The Floravale private condominium on its south.
The Woods Bunch Home @ Westwood Avenue opposite Westwood Residences EC
This gets you an unblocked view over the quiet low rise private residential estate, particularly of the Woods that are wonderful bunch houses.
This EC sits in a pleasant residential neighbourhood that's its own little shopping centre.
Economics of Westwood Residences EC
15 to 20% (ie. around $200K to $300K) more affordable than similar new private condominiums.
First time buyers qualify for up to $30,000 CPF housing grant. You don't pay any representative's fee or percentage (unlike for HDB resale flats).
Historically executive condominiums, of all residential property types have reached the most capital appreciation.
Do they move in tandem together with the typical appreciation in the total marketplace, however they also have greater increase as the gap closes with costs of private condominiums from the 5th year onwards. 3 MRT stops from this Westwood EC, the Jurong Lake District, is slated for a transformation into a leading commercial & leisure centre below the URA Master Plan. See the URA webpage (opens in a brand new window).
The new KL Singapore rail line is also anticipated to terminate in this place. Taken collectively, there's compelling possibility for capital increase for the Jurong area.
The drawback to this Westwood EC website is the Pan Island Expressway (PIE) on its west. But reserve your unit during the VIP Preview, and in case you are fast to register, you'll probably have the ability to choose on an east-facing unit that looks out on The Woods bunch houses or the landed houses.
|2 Bedroom||B1p/B1||71 sq.m./765 sq.ft. / 64 sq.m./689 sq.ft.|
|3 Bedroom||C1/C1r/C1p/C1a||88 sq.m./948 sq.ft. / 92 sq.m./991 sq.ft.|
|3 Bedroom||C1s1/C1s||88 sq.m./948 sq.ft.|
|3 Bedroom Premium||C2/C2r/C2p/C2a||96 sq.m./1034 sq.ft.|
|3 Bedroom Premium||C2s1/C2s||96 sq.m./1034 sq.ft.|
|3 Bedroom Premium||C3/C3r/C3s||96 sq.m./1034 sq.ft.|
|4 Bedroom||D1/D1p/D1p1/D1a||107 sq.m./1152 sq.ft. / 111 sq.m./1195 sq.ft.|
|4 Bedroom Premium||D2/D2p/D2a1/D2a||115 sq.m./1238 sq.ft. / 119 sq.m./1281 sq.ft.|
|5 Bedroom||E1/E1p/E1a||136 sq.m./1464 sq.ft. / 141 sq.m./1518 sq.ft.|
|Property Name||Westwood Residences|
|Address||Westwood Ave EC|
|Developer||Koh Brothers and Heeton Homes|