The Vale Executive Condominium

E-App period: 3rd July - 12th July 2015.

Launch Date: 18th July 2015.

Project Details

THE VALE (Executive Condominium)

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PROJECT NAME:THE VALES
District: 19
Developer: Anchorvale Residences Pte. Ltd.
Address: Anchorvale Crescent
Tenure: Leasehold 99 commencing 19th May 14
Site Area: 175,236 Sq Ft
Type of Development: Executive Condominium
No. Of Units: 517
Car Park Lots: 518 Lots (15 Private Lots, 6 Handicap, 7 Motorcycle Lots)
Facilities: Club House, Swimming Pool, Fitness Area, Tennis Court, Gymnasium
Expected TOP: 18-Aug-18
Unit Type: 2 Bedroom: 104 Units(764 Sq ft)

3 Bedroom: 124 Units (904 Sq ft)
3 Bedroom Premium: 165 Units (1,033 Sq ft)

4 Bedroom: 52 Units (1,270 Sq ft)
4 Bedroom Premium: 39 Units (1,410 Sq ft)

5 Bedroom: 14 Units (1,593 Sq ft)

Villa Type: 15 Units (1,711 Sq ft)

Penthouse Type: 4 Units (1,668 Sq ft)

Location

Location-Map

Site Plan

Site-Plan

Floor Plans

The Vale EC Floor Plans

Unique Selling Points

Unique Selling Points:

  • Within walking distance (500m/approx 7mins) to Sengkang Mrt & Bus interchange & Compass Point Mall
  • Direct acces to Cheng Lim Lrt - 1stop to Sengkang interchange, 1 stop to upcoming Waterway Point, 2 stops to Seletar Mall
  • major expressways such as the Tampines Expressway (TPE), Seletar Expressway (SLE), Central Expressway (CTE), and the upcoming North-South Expressway provide islandwide accessibility
  • Within 1KM to Nan-Chiau Primary School
  • close to Sengkang Sports and Recreation Center, and near to Sengkand Riverside Park, and the Punggol Park / Punggol Waterway. Resident can expect to enjoy outdoor and water activities when the park is fully developed.
  • Future Integrated Sengkang General & Community Hospital

Sengkang-Hospital-opposite-the-Vale-EC

Eligibility

Eligibility Conditions

  • Citizenship
  • Age
  • Family Nucleus
  • Income Ceiling
  • Special Requirement for Undischarged Bankrupts
  • Ownership in Private Property
  • Owners/Ex-owners of HDB flats / DBSS flats / EC units

Household Status

  • First-timer Applicants
  • Second-timer Applicants
 

Citizenship

  • You must be a Singapore Citizen
  • Your family nucleus must comprise at least another Singapore Citizen or Singapore Permanent Resident.

Age

  • You must be at least 21 years old at the time of application
  • If you are buying an Executive Condominium (EC) under the Joint Singles Scheme, you must be at least 35 years old.

Family Nucleus


You must form a proper family nucleus under one of the following schemes:

Type of Scheme Family Nucleus Requirement
Public You, the applicant and;
  • Your spouse, and children (if any)
  • Your parents, and siblings (if any)
  • Your children under your legal custody, care and control (for widowed/ divorced)
Fiancé/Fiancée You, the applicant and your fiancé/fiancée
Orphan You, the applicant and;
  • Your unmarried siblings, or
  • Another single unrelated orphan
Joint Singles You, the applicant and another single person


You may buy a dual-key EC units offered by the developer if you form a multi-generation family as follows:

(i) Married couple with parents/grandparents
(ii) Fiancé and fiancée couple with parents/grandparents
(iii) Widowed/divorced with children and parents/grandparents

Income Ceiling

Your average gross monthly household income must not exceed $12,000.

Special Requirement for Undischarged Bankrupts

Undischarged bankrupts need to seek the Official Assignee (OA)'s consent if they are applying for an EC. However, they do not need to seek the OA's approval to be listed as an occupier.

Ownership in Private Property


You, your spouse, any occupiers listed in the Application Form or their spouses must not own or dispose or have an estate or interest in any other flat, house, building or land*

    • Within 30 months before the date of application, and
    • Between the application date and the date of taking possession of the EC


* includes but not limited to:

  • HUDC flats (Privatised and Non-Privatised)
  • Properties acquired by gift
  • Properties inherited as beneficiaries under a will or as a result of the Intestate Succession Act
  • Private properties
  • Properties owned/acquired/disposed through nominees regardless of properties location
Owners/Ex-owners of HDB flats / DBSS flats / EC units


Each eligible Singaporean household can buy the following housing unit only twice: 

  • a flat from the HDB;
  • a resale flat with the CPF Housing Grant*;
  • a DBSS flat from developer;
  • an EC unit from developer.


*Only applicable for first-timer applicants

If you have already bought two housing units, you will not be eligible to apply or be listed as an essential occupier in an application.

First-timer Applicants


You and the essential family members listed in the application for purchase of the flat must not:

  • Be the owners of a flat bought direct from HDB, a DBSS flat or an Executive Condominium bought from the developer
  • Have sold a flat bought direct from HDB, a DBSS flat or an Executive Condominium bought from the developer
  • Have received the CPF Housing Grant for the purchase of an HDB resale flat
  • Have taken other forms of housing subsidy (for example, benefitted under the Selective En bloc Redevelopment Scheme, privatisation of HUDC estate etc)
Higher Quota of the EC Supply for First-time Applicants during Initial Launch Period


From 2 March 2012, the developers will set aside 70% of the supply for first-timers during the initial launch period.

Second-timer Applicants


You or the essential family members listed in your application have owned/sold or are currently owners of:

  • Any HDB flat that was bought from HDB, or
  • Any resale flat that was bought under the CPF Housing Grant Scheme, or
  • A DBSS flat or an EC bought from the developer, or
  • Have enjoyed other forms of housing subsidy (for example, enjoyed benefits under the Selective En bloc Redevelopment Scheme, privatisation of HUDC estate etc.)
Payment of Resale Levy


Second-timers who apply for new EC projects from Westwood Avenue onwards will have to pay a resale levy. 

However, second-timers are not required to pay the resale levy if they apply to buy EC units in projects that were launched before 9 Dec 2013. More information on the tender launch dates for EC land sales can be found in theResidential Development List > Executive Condominium (EC).

 

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The Vale EC Rating: 5.0 out of 5 | Review By: BuyCondo Singapore | PropNex Realty Pte Ltd | CEA Reg. No. L3008022J / R009877B