With the recent craze in the launching and snapping up of Executive Condominiums (EC), you can conclude that Singaporeans see a potential in ECs. The fact that you buy it at a very low price during the launch as it is still considered under government housing and its privatisation into a private condominium fetching premium price is an attractive idea. It is a wise idea to invest in ECs due to the high upside potential in capital gain over the years.
One of the ECs that will be launching soon is the Twin Fountains in the Woodlands vicinity. Here are the reasons why you can consider Twin Fountains as a possible investment:
After the government announced that Woodlands will have two upcoming MRT Stations on the Thomson Line aside from the existing Woodlands MRT along the North-South Line, there was an overnight price increase of almost 30% in properties around that area! More investors find Woodlands an attractive place to invest due to its good location near the Woodlands Causeway and the new MRT Stations. These two stations will greatly increase the accessibility to the CBD areas of Shenton Way and Marina Bay, Upper Thomson, Orchard, Great World and Gardens by the Bay.
2) High Rental Demand
You can expect a high rental demand for Twin Fountains due to its proximity to the Woodlands Industrial Estate, B1 Business Centre, upcoming Primz Biz Hub, Republic Polytechnic, American School and MNC Factory. The EC next door, La Casa, is currently having a high rental yield of 4.5%. One possible option for investors is to get a TRIO generation home which is one of the latest craze. You can stay in one side of the house and rent out the studio apartment that is attached to your house for a good profit because it is self-sufficient. All studio units come with their own kitchen, living room and toilet. This can be considered a one-bedroom apartment which will definitely fetch a better rental price compared to just one bedroom, currently going for $1100 to $1300 per room.
3) New Concept Homes
Besides the TRIO Generation homes that allows for different generations to live together and yet have the privacy, there is also the Veranda Home that investors can consider. Veranda home has two balconies on both sides of the house, giving you dual views and at the same time, enhance the ventilation in the house. Veranda concept homes are currently still very new and rare in the market and this will greatly increase its popularity.
Twin Fountains is an EC that you can consider, given its high upsize potential and the increasing popularity of the Woodlands Estate. Aside from the typical units offered, you can explore the possibility of TRIO generation and Veranda homes.
Benjamin Tan is a property consultant based in Singapore and can advise you on all your property needs. You can find out more about Twin Fountains at