It is not clear if MSR will have an impact on the sales of Copen Grand EC. The previous launches have been successful, and big units with high loan ceilings have been snapped up quickly. These are likely to appeal to families and second-timers looking to buy a unit that costs less than their private counterparts. Furthermore, the finishes and facilities of CopenGrand EC are similar to private condos.
Aside from its unique design, Copen Grand also comes with a green design and is inspired by Copenhagen, one of the most sustainable cities in the world. Moreover, it is the first luxury EC in Singapore to receive the BCA Green Mark Platinum Super Low Energy Award. Furthermore, the development is located in Tengah, which is Singapore’s first smart town. This new town is expected to set a benchmark for future development in the country.
Located near the Jurong Region Line MRT Station, this project will also be accessible via public transport. The MRT is expected to be operational by 2026, and Copen Grand residents will soon be able to take advantage of this. The community will also be in close proximity to several recreational spaces, including the Tengah Estate, which features nature and forest themes. There are also playgrounds, nurseries and schools.
Located near Jurong Innovation District, the new project is expected to see a healthy demand. The location also provides for convenient access to three MRT stations on the future Jurong Region Line, which is scheduled to open for the first phase in 2027. In addition, 30% of the project’s EC units are available to second-timers at launch. Bookings for the remaining units will begin one month after launch.
The Tengah estate is an environmentally friendly and smart town, featuring green homes and a multi-modal transport hub. Residents will also have convenient access to three MRT stations, a sports centre, and a polyclinic. The town itself will also feature retail spaces, eateries, and more.
Nearby amenities include shopping malls and hawker centres. Residents will find an extensive selection of cuisines and affordable prices at these establishments. These outlets will cater to their needs, providing them with everything they need from breakfast to dinner. There will be many options available for the whole family to enjoy.
As a result of the success of the project, the developer has successfully sold 73% of its units on its first day of launch. Besides, the price of these executive condominiums is generally lower than the standard units. In addition, the units are considered to be among the safest investments. These units are priced at an average price of $1,080 per square foot. The project sold out in less than two months.