Altura, an executive condominium located near the upcoming Tengah Town estate, presents an array of potential benefits for the priviledged Singaporean household as it has strict eligibility criteria to fulfil even for potential buyers. Here is a summarized overview of the potential advantages:
1. Strategic Location: Tengah Town is set to become the first smart and sustainable town in Singapore, offering a well-planned urban environment with excellent connectivity. Altura’s prime location near this estate ensures easy access to amenities, transportation, and lifestyle facilities.
2. Future Growth: As Tengah Town continues to develop, the value of properties near the area is likely to appreciate. Investing in Altura now could mean capitalizing on the future growth potential of this vibrant estate and more future accessibility with the Jurong Regional Line in operation, will promise seamless travels and connection to other MRT routes.
3. Exclusive Amenities: Altura offers a wide range of exclusive facilities, including a swimming pool, fitness center, tennis court and landscaped gardens with BBQ and dining pavilions . Residents can enjoy a luxurious and convenient lifestyle within the development.
4. Spacious Living: Executive condominiums are known for their generous living spaces, providing ample room for families to grow and thrive. Altura boasts well-designed layouts, ensuring comfort and functionality for residents. There are 5 bedroom units for you to enjoy too.
5. Affordable Pricing: Executive condominiums are priced lower than private condominiums, making them an attractive option for those looking for a more affordable housing solution. Altura offers the perfect balance of quality and affordability.
6. Eligibility for CPF Housing Grants: Buyers of executive condominiums may be eligible for CPF Housing Grants, which can significantly reduce the overall cost of the property. This makes Altura an even more appealing option for first-time homebuyers.
7. Potential Rental Income: With its strategic location and desirable amenities, Altura presents an opportunity for potential buyers to generate rental income after they have fulfilled the 5 year MOP. The growing population and demand for housing in Tengah Town further enhance the income potential for investors.
In summary, buying an executive condominium in Altura, near Tengah Town, offers a strategic location, future growth potential, exclusive amenities, spacious living, affordability, eligibility for CPF Housing Grants, and potential rental income. This makes Altura an attractive choice for Singaporean homeowners looking for a promising property in a thriving estate. If you are a non- Singaporean investor, do check out my explanatory video on buying an Executive Condominium.