The Terrace EC @ Punggol Drive

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The Terrace EC @ Punggol Drive is a new executive condominium by renowned developer Kheng Leong Co (Pte) Ltd . The Terrace EC @ Punggol Drive is located at the cross junction of Punggol Drive and Edgedale Plains(District 19), stone’s throw away from Kadaloor LRT Station which is only 2 stops away from Punggol MRT where the upcoming huge shopping mall, Waterway Point, is located.

This major mall houses a multitude of lifestyle options and a cinema for future residents’ entertainment option. Waterfront dining and shopping options will be sure to dazzle nearby residents as Waterway Point is 3 times the size of current Wisma Atria.

The Terrace EC @ Punggol Drive is also the first ever EC that gives owner the scenic frontage of Waterway view, embracing tranquillity of the Punggol Waterway.

On top of the public transportation options, The Terrace EC @ Punggol Drive is strategically located nearby TPE & KPE within minutes drive away, providing a relief for drivers currently traveling daily via CTE.

Neighbourhood schools within the vicinity includes elite primary schools such as Horizon Primary, Greendale Primary and Mee Toh School – the most popular school in Punggol

At The Terrace EC @ Punggol Drive, enjoy a brand new quality lifestyle.

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  • Just next to Kadaloor LRT Station LRT
  • Just 2 LRT stops to Punggol MRT and new Mega Shopping Mall (Waterway Point)
  • First ever EC that gives owner the scenic frontage of Waterway view
  • Easily accessible to Tampines and Airport via TPE.
  • 20 minutes drive to Town via KPE and the upcoming Marina Coastal Expressway
  • Walking distance to Punggol Promenade – ideal venue for plenty of leisure and recreational activities, and great food.
  • Near elite primary schools such as Horizon Primary, Greendale Primary and Mee Toh School – the most popular school in Punggol.

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[wptab name=’The Terrace Fact Sheet’]

Developer Kheng Leong
Tenure Leasehold 99-years
District 19
Address Punggol Drive / Edgedale Plains
Nearest MRT(s) Punggol MRT
Site Area 259,034 Sqft / 24,064.85 Sqm
Est. TOP 31st March 2018
Total Units 747
Unit Types 3/4/5BR
No. of Storey 3 Blocks Of 13-16 Storey Residential9 Blocks Of 17 Storey Residential
Buyer Eligibility Singaporean
Payment Scheme Normal Progressive and Deferred Payment

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VERIFY YOUR ELIGIBILITY

These are the questions that you have to ask yourself to determine whether you are eligible to purchase an Executive Condominium (EC) or not.  Please spend some time to review each question and answer to the best of your knowledge.

Q1
Are you a Singaporean Citizen (SC) or Singapore Permanent Resident (SPR)?
(A) YES – Your family nucleus has 2SC or 1SC+1SPR
(B) NO – You are not eligible to purchase EC

Q2
What is your total household gross income?
(A) Less than S$14,000 – Proceed to Q3
(B) More than S$14,000 – You are not eligible to purchase EC

Q3
Have you bought directly from HDB more than once or taken any grant from HDB?
(A) NO – Proceed to Q4
(B) YES – Bought twice from HDB or Taken grant and bought once from HDB

Q4
Do you currently own any private properties?
(A) NO – Proceed to Q5
(B) YES – You are not eligible to purchase EC

Q5
If you had previously owned any private properties, did you sell your private properties within the last 30 months?
(A) NO – Proceed to Q6
(B) YES – You are not eligible to purchase EC

You are eligible to purchase an EC only if you have answered (A) to all five questions above.  You will not be eligible if you had answered (B) for any of these five questions.  Please contact me to confirm your eligibility if you are unable to answer any of these questions.  I will be glad to help you confirm your status.

Q6
Which scheme will you be using to purchase the EC?
(A) Public (family) scheme (min 1 SC + 1 SPR)
(B) Fiance/Fiancee scheme (min 1 SC + 1 SPR)
(C) Orphan scheme (min 1 SC + 1 SPR)
(D) Joint Singles scheme (both must be SC)

Note: Take note of the citizenship criterias listed in all four options above.

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EC Application Process

*PENDING FINAL SALES APPROVAL*

*SEEKING INDICATION OF INTERESTS*

*REGISTER FOR EARLY INFORMATION*