Novo Place EC, situated at Novo Place EC offers more than just shopping and dining options. It boasts a convenient location near various leisure and recreational facilities, making it the perfect home for those who enjoy an active lifestyle. Nature lovers and families can take advantage of the nearby Jurong Lake Gardens, offering a tranquil setting for activities such as jogging, cycling, and picnics. For those interested in Asian culture and horticulture, the Chinese Garden and Japanese Garden are popular destinations for relaxation and learning. With their stunning landscapes and cultural insights, they provide an enriching experience for visitors.
With these outstanding features and amenities, it is no surprise that Novo Place EC has attracted a strong interest from potential buyers. In fact, it is estimated that the average selling price for this development will be in the range of $950 to $1,000 per square foot. This is in line with the recent surge in EC prices and reflects the confidence and demand for this particular location.
Novo Place EC also boasts a prime location within the Tengah Forest Town, offering residents a serene and nature-filled environment. With an extensive network of green spaces, nature reserves, and community farms, residents will have plenty of opportunities to lead a healthy and active lifestyle. This aligns with the URA’s vision for a “car-lite” town, where residents are encouraged to walk, cycle, and use public transport instead of cars.
The URA’s vision for Tengah is to create a town that prioritizes sustainability and green living. This includes the implementation of various eco-friendly initiatives, such as a network of car-free streets, energy-efficient buildings, and a comprehensive stormwater management system. These initiatives not only promote a healthier and cleaner environment, but also help to reduce carbon footprints and overall energy consumption.
For families with school-going children, Novo Place EC is surrounded by reputable schools such as Dulwich College (Singapore), Nanyang Technological University (NTU) and the upcoming Gek Poh Ville Primary School. This provides parents with a good selection of educational institutions for their children, ensuring a quality education for their future.
In conclusion, the successful tender for Novo Place EC by Hoi Hup Realty and Sunway Developments is a testament to their strong partnership and reputation in the industry. The development is set to transform the landscape of the Tengah Housing Estate, providing residents with a truly unique and ideal living environment. With its strategic location, outstanding amenities and reputable developers, Novo Place EC is definitely a development to look out for in the near future.
In a recent development in the Singapore housing market, renowned developers Hoi Hup Realty and Sunway Developments have successfully secured the tender for Novo Place Executive Condominium (EC). This highly anticipated project will be located in the up-and-coming Tengah Housing Estate, which is set to be the next regional centre in the western part of Singapore.
One of the main selling points of Novo Place EC is its close proximity to Tengah Forest Town, an upcoming nature-inspired smart and sustainable town. This town will be equipped with green spaces, smart technologies and an extensive network of cycling and walking paths, promoting a healthy and sustainable lifestyle for its residents. With Tengah Forest Town being just a stone’s throw away, residents at Novo Place EC can look forward to rejuvenating nature walks and a tranquil living environment.
The tender for Novo Place EC closed on 30 October 2018 with a total of 5 bids submitted, demonstrating the strong interest from developers in this site. In the end, it was Hoi Hup Realty and Sunway Developments who emerged as the winning bid with a bid price of $434.45 million, which translates to $578 per square foot per plot ratio (psf ppr). This price is a mere 0.7% higher than the second highest bidder, indicating a highly competitive market for this prime plot of land.
In addition, Novo Place EC is also conveniently located near the future Jurong Region Line, which is set to be operational by 2026. This new MRT line will connect residents to various parts of Singapore including Jurong East, Jurong Industrial Estate and the upcoming Jurong Innovation District. This not only enhances the accessibility and connectivity of the development, but also opens up employment opportunities for residents in these areas.
Built with the future in mind, Novo Place EC is well-positioned to become a prime choice for those seeking a balanced and desirable urban lifestyle.
Hoi Hup Realty and Sunway Developments have a proven track record of creating quality and well-designed developments, which is why many are eagerly anticipating the launch of Novo Place EC. Some of their successful projects include Sophia Hills, Sea Esta and Rivercove Residences. With their expertise and experience in the real estate market, residents can expect Novo Place EC to be a well-built and highly sought-after development.
In addition to the numerous benefits of living in Tengah, Novo Place EC also offers a range of top-notch facilities and amenities, including a swimming pool, gym, and function rooms. These modern facilities are designed for residents to relax, socialize, and enjoy a well-rounded lifestyle. With its prime location, eco-friendly initiatives, and desirable facilities, Novo Place EC is truly a perfect fit for those looking for a balance between urban convenience and natural living.
The executive condominium (EC) site at Plantation Close in Tengah, known as Novo Place EC, has been awarded to Hoi Hup Realty and Sunway Developments. On September 11, the Housing and Development Board made this announcement. This particular site, which is the second EC plot in the Tengah housing estate, is slated to offer 495 units.
With a maximum gross floor area (GFA) of 752,578 square feet, Novo Place EC will feature a total of 495 units in varying sizes and configurations. Situated in a highly sought-after location, residents can expect to enjoy a plethora of amenities and convenience right at their doorstep.
One of the key benefits of living in Novo Place EC is its proximity to the planned Tengah Park MRT station, which will be part of the upcoming Jurong Region Line. This will provide residents with easy access to the rest of the island and make commuting a breeze. Additionally, the nearby Jurong Innovation District, which is set to become a hub for technology and innovation, will offer residents ample employment opportunities and access to cutting-edge amenities.