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When it comes to real estate investment, it's crucial to identify strong emerging opportunities that hold the promise of future growth and profitability.
Tengah's unique urban planning, sustainable initiatives, and strategic location have piqued the interest of potential buyers and investors alike. However, not much deep dive is covered about this real estate gem.
A question then arises: Why should I buy a property here?
Tengah: The New Punggol; Maybe Even Better
Can you recall a time when Punggol was deemed an unfavorable choice for property investment or residence? Concerns revolved around its location, amenities, and the quality of schools in the area, all of which seemed to deter potential investors.
Fast forward to today, and the situation has taken a remarkable turn. Punggol now boasts HDB sales reaching the million-dollar mark, with properties selling for as high as $1.22 million. Many property owners in Punggol have witnessed substantial returns on their initial investments.
Enter Tengah — a location initially characterized by its lack of established development. Prospective buyers find themselves in a situation reminiscent of the Punggol scenario, uncertain about the potential prospects and opportunities.
After the passage of three years, our comprehension of Tengah's development has significantly improved. We now possess a clearer insight into the envisioned transformation of Tengah. Below, we highlight the compelling investment opportunities that Tengah currently offers to prospective buyers:
Good Location and Accessibility
Tengah is the first HDB town to have a car-free Town Centre where green commutes such as walking and cycling are encouraged. The separation of pedestrian flow from vehicular flow right in the heart of the town will create a safer and friendlier space.
Given how we are moving towards car-free, the government has implemented more bus stops within 300 meters of residential blocks. These buses will have better connectivity to the bus interchange at Tengah MRT.
With greater connectivity to Jurong Lake District, buyers can expect to meet the rising demand for jobs within the area. Apart from that, Jurong Innovation District will also bring in more demand for work within the area.
Nature-Feel Environment
With green computing being the future for Tengah, being blended with nature is what this new development is going for.
A 100m wide by 5km long woodland corridor will be created by the vegetation that is growing up in the town's corners. You can access additional green areas of Singapore, such as the Central Catchment Nature Reserve and Macritchie Reservoir Park, which is home to the famed TreeTop Walk, through a trail that leads to the end of the path.
According to the HDB, all five districts will use biophilic designs to help residents feel more connected to nature and improve their general well-being, health, and sense of place. All multi-story car park rooftops will be implemented with gardening areas for the residents.
“Low-Cost” Property Valuation
Tengah isn’t even considered a non-mature estate, it is an entirely new town and it’s hard to determine a valuation.
But here’s what we know!
A 3-room HDB in this launch costs $231k, and a 5-room HDB costs $525k. Prices for upcoming launches are anticipated to rise because Tengah is still in its early stages of development, so you might want to call dibs right away.
Another big news we know is ACS Primary will be moving to Tengah in 2030. This is why Altura EC which was recently launched gained widespread attention given its within the 1km distance from the school. The property was launched in July and has more than 61% of its units sold for an average of $1433psf. We all know the potential capital appreciation property valuation has over good schools.
If you do read the URA Masterplan, Tengah transformation would definitely be more valuable as compared to Punggol. These prices will definitely rise once we get a better gauge of the price valuation.
Smart and Futuristic
Tengah will be the frontier for innovation in property development. Its goal is to be a sustainable living environment for residences to enjoy higher-level living facilities and amenities.
The district will be the first to install a smart Pneumatic Waste Conveyance System (PWCS) to promote a more hygienic and efficient method of waste collection and management.
The PWCS is an automated, enclosed waste collection system that moves home waste to the Centralized Bin Center using underground pipes and high-speed air suction. With this new system, residents will never have to worry about trash bins being overfilled.
Comfort Living
Tengah Estate aims to cater to the new future of comfortable living.
Being a car-free environment, residents would get to enjoy a more peaceful and safer experience while commuting. With the large greenery, Tengah would definitely be one of the best places to exercise and enjoy.
The town's infrastructure has been thoughtfully designed to foster community interaction. The car-free town centre, for instance, encourages walking or cycling, which not only promotes a healthier lifestyle but also creates opportunities for social interaction among residents.
Additionally, Tengah offers a wide range of amenities including shopping centres, schools, healthcare facilities, and public transport connectivity, all of which contribute to making it a comfortable place to live.
HDB Buyers Can Look Forward to
Tengah is a ground-breaking idea that reinvents urban living, not simply another housing complex. The district offers a variety of advantages for HDB purchasers, including the chance to live amidst beautiful vegetation and take advantage of cutting-edge sustainable technologies.
Tengah places a strong emphasis on community, connectivity, and innovation. Buyers of HDB units can surely anticipate a distinctive and fulfilling living experience as this visionary town continues to take shape.
Traveling to work will never be as tough with its great connectivity around the West area in Singapore. It’s just 10 10-minute train ride to Jurong Industrial Park, 5 5-minute train ride to Jurong Lake District, and 20 minutes to Tuas Industrial Centre.
What Opportunities Can Private Housing Buyers Get?
If you are looking for sizeable housing, at below-market pricing, in an accessible location to the West. Tengah is something for you to consider.
Altura EC
If you are in the market for an executive condominium, there are still a number of available units at Altura EC. This condominium complex offers a host of luxurious amenities and a convenient location, making it an ideal choice for those looking for upscale residential options. Each unit is thoughtfully designed, offering the perfect blend of style and functionality.
Tengah Plantation EC
However, if your preference leans towards the upcoming Tengah Plantation Loop EC, we understand that the anticipation might be building up. As of now, the launch dates for Tengah EC have not been officially announced.
Sorry, we don’t have any image of the EC itself but we do know where it will be located.
The strategic location and the promise of a futuristic design have already created quite a buzz among potential homebuyers. This property fits well for families since it's located right beside 4 different schools such as Princess Elizabeth Primary School, Bukit Batok Secondary School, Dulwich College, and Millennium Institution.
If you wish to wait for Tengah Plantation Loop EC, we recommend that you leave your contact information with us. This way, we can ensure that you will be among the first to receive any news or updates about the Tengah EC development as soon as they are available.👍