Qingjian Realty and Santarli Construction won the top bid for Bt Batok West EC site at a price of $662 psf. Altura has a land area of 12,500 sq m (134,525 sq ft). The plot ratio of this EC is 3, and will house approximately 375 residential units.

The last EC launched in this region was in the year 2016, InZ Residences in Choa Chu Kang, right opposite Tengah Estate. Thus, expect pent-up demand for this EC.

EC is ideal for 1st timers, with CPF Grant of up to $30k for eligible applicants, and for 2nd timers as no ABSD is payable for HDB upgraders. 2nd timers can also enjoy Deferred Payment Scheme which will give them ease of mind and flexibility in managing their finances. This scheme allows buyers to put a 20% down payment and defer the balance till TOP. With EC's entry price approximately 30% lower than a private condominium, this makes EC very affordable for those who wish to own and live in a condominium unit. For those who are eligible to apply an EC, do not miss this any opportunity to own one.

Altura EC is expected to launch for sale in 3rd quarter 2023, follow by another EC at Bukit Batok West Ave 5 by CDL, expected to launch in 2024.

Please do not hesitate to contact us for more information on EC launches. Or if you would like to check out more info on EC Eligibility, CPF Grant for EC and more, click HERE.

Altura EC site's location is right opposite beautiful Tengah New Estate, close to the future Tengah car-free town centre. And expressways such as PIE & KJE are easily accessible.

Proposed developments in opposite Tengah Estate include a sports centre, bus interchange, community club and a polyclinic. There are also 12 plots of land zoned for education institutions, all within 2km of this EC site.

There are many schools in the vicinity. Some of the schools are Dulwich College, Millenia Institute, Princess Elizabeth Primary, Jurong Primary, Jurongville Secondary, Bukit Batok Secondary.

With the latest update from MOE on Phase 2C vacancy, more home buyers will be buying their homes near good schools. This has been the trend in recent years because it is very important for parents to cut down travelling time when they send their children to school.

ECs have been growing in appeal as their resale units have been generating windfall profits for owners. The robust take-up of private new launches in the suburban has resulted in the widening of price gap with the ECs. Thus, making EC a more wise purchase for the eligible.