Altura EC Prices Set to Rise with Tengah Town’s Upcoming Commercial and Retail Developments
Altura EC is a residential development situated in the western part of Singapore. It is located in Bukit Batok, one of the oldest residential estates in Singapore. Altura EC is a 99-year leasehold executive condominium developed by the prestigious MCC Land, with an estimated completion date of 2024. The development comprises of 496 units spread across nine blocks, with each block rising up to 18 stories.
Tengah Town, which is adjacent to Bukit Batok, is a new development by the Housing Development Board (HDB). It is the first smart and sustainable town in Singapore, designed to be a model for future towns. Tengah Town is set to become the largest forest town in Singapore, with 700 hectares of greenery and 12km of forest corridor.
Tengah Town’s upcoming commercial and retail developments are set to have a significant impact on Altura EC’s prices. The new developments are expected to increase demand for Altura EC units, driving up prices in the process.
One of the upcoming developments in Tengah Town is the Tengah Market and Hawker Centre. The market and hawker centre will have 83 cooked food stalls, making it the largest hawker centre in the western region of Singapore. The hawker centre is expected to be a major draw for foodies in the area, driving up demand for residential units nearby, including Altura EC.
Altura EC is a 99-year leasehold development slated to accommodate 375 executive condo units, located near Bukit Batok MRT station and schools, up for public auction Altura EC with bids due 8 March 2022.
Another significant development in Tengah Town is the Tengah Town Centre. The town centre will comprise of a variety of commercial and retail spaces, including a community club, a polyclinic, and a hawker centre. The town centre is expected to become a hub of activity, drawing in residents from neighbouring areas, including Bukit Batok. This increased demand for housing in the area is likely to drive up the prices of Altura EC units.
In addition to the Tengah Market and Hawker Centre and the Tengah Town Centre, there are several other developments in Tengah Town that are set to drive up demand for residential units in the area. These developments include the Tengah Plantation, which is set to become a park and nature reserve, and the Tengah Garden Walk, which is a 5km pedestrian and cycling trail that will connect various parts of the town.
Altura EC’s location makes it an ideal choice for those who want to be close to Tengah Town’s new developments. The development is located just a short drive away from the Tengah Market and Hawker Centre and the Tengah Town Centre, making it an ideal choice for those who want to be close to these new amenities.
In conclusion, Tengah Town’s upcoming commercial and retail developments are set to have a significant impact on Altura EC’s prices. The new developments are expected to increase demand for residential units in the area, driving up prices in the process. Altura EC’s location makes it an ideal choice for those who want to be close to these new developments, making it a wise investment choice for those looking to invest in property in Singapore’s western region.
