New Condo Launch | The Terrace
The Terrace is a 99-year leasehold Executive Condo (EC) targetted to complete in March 2018. It is the only EC located strategically along the Punggol Waterway. The developing Punggol neighbourhood holds huge potential unlike before. Here, one can find an array of amenities and facilities to suit each and everyone’s needs. From childcare centre, parks, shopping mall to wet market, this town will be self-sufficient and self-contained. Besides this, the upcoming Punggol creative cluster and learning corridor is another force to reckon with. With the government’s commitment to further develop this area, the Creative Cluster will be lined with new high-tech industries and there are already plans to link this with the Learning Corridor by having a tertiary institution here. This tertiary institution will provide the necessary skills and knowledge to enable its students to harness their skills in the new industries. All these is to meet the country’s various economic needs and to bring more jobs closer to the homes of its citizens.
The Terrace EC comprises 12 towers with 747 units occupying a huge land space of 259,034 square feet. Units come in 3 and 4 bedroom types and there are even beautiful 5-bedroom penthouses to cater to the lifestyle of residents.
The Terrace – Location Map
Transport and Leisure Amenities:
Located in the Northern-Eastern part of Singapore, The Terrace EC is conveniently accessible via the Punggol MRT and a short 3 minutes’ LRT ride. Kadadoor LRT is right at the doorstep of The Terrace.
The Safra Club in Punggol will be ready in early 2016
The Oasis Terrace which is located just 300m from The Terrace EC, will be completed in the first half of 2018. Oasis Terrace is at the doorstep of Oasis LRT station. This 6-storey high commercial building will house a supermarket at its basement and on other levels, there are F&B outlets, retail shops, foodcourt, commercial schools and even a polyclinic.
Educational institutions in the vicinity include Horizon Primary, Edgefield Primary and Mee Toh Primary Schools. A purpose-built big childcare centre is nearby. The Etonhouse Childcare Centre will be ready in 2016 to cater to the Punggol residents and this is only 1 minute’s walk from The Terrace EC.
The Terrace – Site Map
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The Terrace – Development Fact Sheet
|Developer||Peak Square Pte Ltd (subsidiary of Kheng Leong Co Pte Ltd)|
|Location||Punggol Drive / Edgedale Plains|
|Legal TOP||31 Mar 2018|
|Legal Completion||31 Mar 2021|
|No. Of Towers||3 Blocks (13 to 16 storey)
9 Blocks (17 storey)
|No. Of Storeys||19|
|No. Of Units||747|
|Site Area (approx)||24,064.85 m2 / 259,034 ft2|
|Total No. Of Car Park Lots||753
2 Basement Levels of Carpark & 2 Levels of Multi-Storey Carpark
|Estimated Maintenance Fee||3-BR: $270-$320/month; 4-BR: $330-$430/month; Penthouse: $440-$500/month|
|2 Payment Schemes||Normal Progressive Payment or Deferred Payment Scheme|
|Main Contractor||China Construction Realty Co. Pte Ltd|
The Terrace – Unit Type & Mix
|The Terrace : Unit Type & Mix||Approx Size : m2||Approx Size : ft2||No. Of Units||% of Units|
|3-Bedroom||A: 93||1001||138 units||18.5%||72.8%|
|3-Bedroom with PES||Ag: 93||1001||5 units||0.7%|
|3-Bedroom Premium||B1: 109||1173||51 units||6.8%|
|3-Bedroom Premium with PES||B1g: 109||1173||1 unit||0.1%|
|3-Bedroom Premium||B2: 100||1076||250 units||33.5%|
|3-Bedroom Premium with PES||B2g: 100||1076||11 units||1.5%|
|3-Bedroom Premium||B3: 100||1076||80 units||10.7%|
|3-Bedroom Premium with PES||B3g: 100||1076||4 units||0.5%|
|3-Bedroom Premium||B4: 100||1076||2 units||0.3%|
|3-Bedroom Premium with PES||B4g: 100||1076||2 units||0.3%|
|4-Bedroom||C1: 122||1,313||74 units||9.9%||25.8%|
|4-Bedroom with PES||C1g: 122||1,313||4 units||0.5%|
|4-Bedroom||C2: 122||1,313||45 units||6.0%|
|4-Bedroom with PES||C2g: 122||1,313||3 units||0.4%|
|4-Bedroom Premium||D: 134||1,442||67 units||9.0%|
|5-Bedroom Penthouse||E: 159||1,711||10 units||1.3%||1.3%|
(Sizes subject to change)
The Terrace – Developer
Formed in 1949, this real estate developer Kheng Leong, commits to developing quality and value residences and has built an arsenal of proven track records to prove itself to be worthy of its claim. Its portfolio includes residential covering both high-rise and refined cluster houses in Singapore as well as retail developments in prime and choice locations. Such projects comprise The Minton, The Topiary, Nassim Park Residences, Double Bay Residences and 72 Grange Road.
The Terrace – Price
The Terrace – Floor Plan
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