Lush Acres Sales Presentation

7/28/2019 Lush Acres Sales Presentation

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CDL Executive Condominium

Launching THIS MONTH!

LUSH ACRES EC

Seletar Mall Compass PointSengkang MRT &Bus Interchange Fernvale Point Greenwich V


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Lush Acres EC


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Location Map


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While every reasonable care has been taken in preparing the contents of this property summary, the developer and SLP agent cannot be held responsible for any inaccuracy.

Source: one map

Seletar Mallby SPH

Zoned forEducational

Institution

Upcoming Surrounding Developments

Private Condo

sold at$489 psf ppr

H20 Residences

Private Condosold at

$533 psf ppr

SITE sold at$296.50 psf ppr


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Location (Vicinity Map)


Note: For reference only. Not for circulation or posting purposes.

H2OResidences

Fernvale

Point

MRT/ LRT Station

Bus Interchange

Sengkang

Riverside

Park

Sengkang

Floating

Wetland

Site (Lush Acres)

Sengkang

SRC

Compass

Point

Sengkang

Sculpture

Park

The Selet

ar

Mall


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HDB Location Map


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BASIC INFORMATION

Project Name Lush Acres

Developer Verspring Properties Pte. Ltd.

Tenure 99 years leasehold w.e.f 13 Feb 2013

Address 1,3,5,7 Fernvale Close

Site Area Approx 14,100.8 sqm / 151,781sqft

Expected date of TOP 11 November 2016

Expected date of Legal

Completion11 November 2019

Description

Proposed executive condominium

housing development comprising 3blocks of 25-storey and 1 block of 22-

storey apartments(total 380 units)

with landscape deck, common

basement carparks & communal

facilities.

Plot Ratio / AMSL 3.0 / 80-90m AMSL

Total no. of units 380

Total no of carpark lots

Min 380 lots excluding the following:

Handicapped lots 4 lots

Electric cars lots 4 lots

Unit Mix

Type Estimated Unit Size No of Units

3-Bedroom

3-Br (A1) 915 1130 sqft 68

3-Br Suite (A2, A3, A4, A5) 1055 1399 sqft 148

4-Bedroom

4-Br (B1) 1238 1485 sqft 48

4-Br Suite (B2, B3) 1302 1658 sqft 71

4-Br Premium (B4) 1356 1690 sqft 21

5-Bedroom

5-Br (C1) 1507 1722 sqft 24

Total Units: 380




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AMENITIES

Retail Therapy Est.Distance (KM)

Fernvale Point 0.51

Compass Point 1.74

Hougang Green Shopping Mall 1.99

Kopitiam Square 2.18

Rivervale Plaza 2.69

Rivervale Mall 2.80

Recreation Est.Distance (KM)

Sengkang Riverside Park 0.35

Sengkang Hockey Stadium 0.72

Sengkang Sports Complex 0.82

Sengkang Public Library 1.74

Sengkang Sculpture Park 1.91

TRANSPORTATION

Bus Est.Distance (KM)

Sengkang Bus Interchange 1.80MRT/LRT Est.Distance (KM)

Sengkang MRT Station 1.80

SCHOOLS

Primary School Est.Distance (KM)

Sengkang Green Primary School 0.60

Fernvale Primary School 0.90

Archor Green Primary School 1.10

Springdale Primary School 1.13

Nan Chiau Primary School 1.30

Secondary School Est.Distance (KM)

Pei Hwa Secondary School 0.60

Nan Chiau High School 1.40

Compassvale Secondary 2.28

Sengkang Secondary School 2.31

Neighboring Amenities


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Elevation Chart


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3Bedroom Type A4


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4Bedroom Type B2a


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Why Buy

LUSH ACRES


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(1) Investment Opportunities

Excellent brand name: CDL/ ADDP Architects (e.g. Cube 8, Cote D Azur, Nin Residence, Nathan

Suites, FLO Residence, River Isles)

Good rental potential - minutes to Ang Mo Kio Industrial Parks and upcoming industrial clusterssuch as Seletar Aerospace Park, Wafer Fabrication industry in Sengkang West, and Paya LebarIndustrial Park.

(2) Architectural/ Landscape Design

22% of site area is built up ample landscape for maximum ventilation100m lap poolBalcony Entrance Concept for landed home feel with elongated living room (as in luxurydevelopment like Trillium)Agricube cutting edge hydroponic and organic private farm for residents to grow their owncrops (refer to next slide for illustration)Optimal natural light with cross ventilation in most units (windows at both living and dining area)

Sculptural Clubhouse front of clubhouse is cantilevered over 100m lap pool to create a floatingeffect

Why Buy LUSH ACRES


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(3) Location / Amenities

Close proximity to Layar LRT Station connecting Sengkang MRT station and Bus Interchange

Close proximity to wide range of F&B, retail outlets and supermarkets/ wet market:

Walking distance to Fernvale Point (Koufu and NTUC Fairprice (24 hrs)), and upcomingSeletar Mall (Dec 2014)

Short stroll to 24-hrs Macdonalds and eateries at Anchorvale CC & Sengkang SportsComplex

Short stroll to Jalan Kayu Compass Point (Community Library, Cold Storage, Metro etc.) Wet Market/ Food centre at Kopitiam Square (Sengkang Square/ Sengkang East

Road) Stones throw away to Greenwich V (Cold Storage, 7-eleven, Guardian, Kopitiam,etc.)

Future & existing park connectors along the banks of Punggol Reservoir:

Sengkang Floating Wetland/ Sengkang Riverside Park Sengkang Sports Complex/ Anchorvale CC

Sengkang Hockey Stadium

Easy access to CTE, TPE, SLE & KPE; near to upcoming new expressway to TPE

Reputable schools within close vicinity Nan Chiau Primary & High School

Why Buy LUSH ACRES


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Agri-cube Concept


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Time-Line

5th Jul 12th Jul 2013: On-site Hyping

13th Jul 21st Jul 2013: E-application Period

7th

Aug 2013: Release of ballot results/ Invitation to e-applicants

8th Aug 11th Aug 2013: Showflat Open for Viewing

15th Aug

16th Aug 2013: Release of Pricelist

17th Aug: Booking StartsWhile every reasonable care has been taken in preparing the contents of this property summary, the developer and SLP agent cannot be held responsible for any inaccuracy.

Lush Acres Project Timeline


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Executive Condominiums

IN THE NEWS


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Note: For reference only. Not for circulat ion or pos t ing purp oses.

Optimistic EC Market

Project Name Location Date of TenderPrice

($ psf ppr)

Lush Acres Fernvale Close 1 2/11/2012 $296

Waterwoods Punggol Field Walk 21/3/2013 $351

Forestville Woodlands Avenue 5 13/05/2013 $341

Sea Horizon Pasir Ris Drive 3 26/11/2012 $331

Sengkang E11 Anchorvale Crescent 31/05/2013 $330

SkyPark Residences Sembawang Crescent 17/12/2012 $323

Ecopolitan Punggol Way 6/9/2012 $314

Twin Fountains Woodlands Avenue 6 16/10/2012 $302


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Profitability of ECs


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Optimistic EC Market


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The Future of Living

SENGKANG


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Seletar Mall (Dec 2014)


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Source: AsiaOne, Business

Strong Developers Confidence in Sengkang


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http://www.spring.gov.sg/NewsEvents/ITN/2011/Pages/Full-fledged-general-hospital-in-Sengkang-by-2020.aspx#.UcFBfedHKxI

New Hospital in Sengkng


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Connect to a Riverfront Lifestyle

Away from the Hustle and Bustle

From Lush Acres, one can explore the riverbanks and sprawling landscape of the SengkangRiverside Park, and observe natural wildlife with your young ones at the Sengkang FloatingWetland. Hop into a canoe and enjoy the river view at your leisure, or choose from a widevariety of sporting options at the upcoming Water Sports Activities Centre nearby.

With the Layar LRT station at the doorstep taking you right to Sengkang MRT station, Lush AcresEC is excellently sited in one of the most well-connected neighbourhoods, offering you theperfect mix of tranquil and vibrant living in one convenient location.

Major expressways such as TPE, KPE, SLE and CTE are just minutes away, connecting you quicklyand easily to reputable schools, eateries, markets, shopping malls and other amenities in thenearby residential enclaves of Sengkang, Punggol, Jalan Kayu and Seletar.

Sengkang Riverside Park


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Hougang ROH Proposal Town Centre15 12 201

C li if l


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Dinning . Entertainment . Shopping . 1,000-seat cinema . Punggol MRT

A Cosmopolitan LifestyleWaterfront Shopping @ Waterway Point


The Town Center


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While every reasonable care has been taken in preparing the contents of this property summary, the developer and SLP agent cannot be held responsible for any inaccuracy. Note: For reference only. Not for circulation or posting purposes.

LRT System


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While every reasonable care has been taken in preparing the contents of this property summary, the developer and SLP agent cannot be held responsible for any inaccuracy. Note: For reference only. Not for circulation or posting purposes.

MRT System Map


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DOCUMENTS CHECKLIST


LUSH ACRES EC


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Document Checklist

Applicants must submit their application for purchase of an Executive Condominium

Unit in the prescribed application forms together with photocopies of the following

documents (where applicable) in respect of all persons listed in the application form

for verification of their eligibility.

1. Proof of Identity / Citizenship

a) For Singapore Citizen: Identity Card

b) For Singapore Permanent Resident: Singapore Blue Identity Card

c) For Non-citizen: Passport

2. Proof of Relationship and Marital Status

a) Birth Certificates (to prove relationship between parents / children, siblings

etc.); and /or

b) Marriage Certificate; and / or

c) Divorce documents (for persons who are divorced); and / or

d) Deed of Separation (for persons who are legally separated); and / ore) Death Certificate (if applicable).




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Document Checklist

3. Proof of Income

(a) Employed Person

(i) Original payslip (as at date of application); or

(ii) Income letter from employer as at date of application (which must bear either the

companys letterhead or stamp and the name and designation of the signatory) statingthe current gross monthly income of the employed person.

(b) Self-Employed person

(i) Latest income tax assessment; or

(ii) Statement of Annual Accounts certified by an Audit Firm to confirm income for the past

12 months; and

(iii) Valid Accounting & Corporate Regulatory Authority (ACRA) Computer Information

(Business Profile) / Valid license of business /trade; and

(iv) Statutory Declaration* to declare the average monthly income for the past 12 months.

(c) Commission-based person

(i) 12 months commission statements / payslips as at date of application; or 2

(ii) Letter from employer stating past 12 months commissions as at date of application(which must bear either the companys Letterhead or stamp and the name and

designation of the signatory).



3 P f f I (C t)


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Document Checklist

3. Proof of Income (Cont)

(d) Part-time worker

(i) Monthly-rated part-time employee with fixed monthly salary is required to submit a

letter from employer stating his / her permanent staff status and salary received as at

date of application (which must bear either the companys letterhead or stamp and thename and designation of the signatory).

(ii) Hourly-rated part-time employee with variable salary is required to submit the latest 12

months payslips or Letter from employer stating past 12 months salary as at date of

application (which must bear either the companys letterhead or stamp and the name and

designation of the signatory).

(e) Odd-Job workerLatest income tax assessment or letter from employer certifying salaries for the last 12

months.

(f) Unemployed person

(i) Statutory Declaration* to declare the period of unemployment with no income; or

(ii) Copy of Student Pass or Letter from School / College / Institute of Learning for

persons who are 18 years old and above: to confirm student status.

* Statutory Declarat ion may b e executed at the Sales Off ice at HDB Hub or at any HDB B ranch O ff ice.




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4. Forms and Undertakings

a)The applicant, his spouse or essential occupier listed in the Executive Condominium

application shall be required to sign all such forms, letters of consent, letters of undertaking,

letters of confirmation, and such other documents (the documents) as may be required bythe Developer / HDB in order to determine their eligibility to purchase an Executive

Condominium Unit.

b)The documents shall form an integral part of the Terms and Conditions for purchase of an

Executive Condominium Unit and any reference to a term or condition in the documents shall

be a Term and Condition for Purchase of an Executive Condominium Unit.

c)Failure or refusal to sign any of the documents may render a person ineligible to purchasean Executive Condominium Unit and the consequences set out in the Option to Purchase and

Sale and Purchase Agreement (if this has been signed) will apply. Further, HDB may take

such action as it is empowered to take under the Executive Condominium Housing Scheme

Act (Cap 99A) and its Rules and Regulations.

d)HDBs prevailing policies, rules and regulations which may be in force from time to time

shall apply at all times. All decisions reached in this regard shall be at HDBs sole discretion

and shall be final and conclusive.

Document Checklist



5 Other Documents


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5. Other Documents

a)Applicants must also produce such other documents as requested by the

Developer / HDB for the purpose of ascertaining their eligibility to buy an Executive

Condominium Unit.

b)All documents submitted to the Developer for the purpose of assessing the

eligibility of the applicants will be retained by the Developer for record purposes and

will be treated by the Developer as strictly confidential. The documents will not be

returned to any of the persons listed in the application.

c)In the event of any change in the applicants family nucleus, as a result, forexample, of events such as marriage, death, divorce or separation of any person

listed in the application, the applicant must produce the relevant documents (e.g.

marriage certificate, death certificate, divorce documents, Deed of Separation etc) to

the Developer or HDB. This is to enable the Developer and / or HDB to reassess and

reconfirm the applicants eligibility to continue with the purchase of an Executive

Condominium Unit.

Document Checklist




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New rulings introduced (wef 12th Jan 2103) for new Executive

Condominium (EC) development to keep them affordable.

Some of the key regulations include:

Capping maximum strata floor area at 160 sqm

Restricting sale of Dual-Key EC units to Multi-Generational families

Allowing EC developers to start sales only 15 months from the date of

award or after the completion of foundation works

Private enclosed spaces and roof terraces are to be calculated as partof Gross Floor Area (GFA) and therefore subject to charges

New Regulations on Executive Condominiums




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Lush Acres Sales Presentation

Documents

Transcript of Lush Acres Sales Presentation