Category: Uncategorized

Banks and Property Prices

thevales, March 27, 2015

The current state of affairs concerning the correction in Singapore’s property market may be putting pressure on the city-states banking system and the quality of its loans. As reported by Fitch Ratings in a report released Friday, January 30.

In spite of this local banks such as Overseas – Chinese Banking Corp. (OCBC), United Overseas Bank (UOB), and DBS will be able to absorb a significant rise in credit costs due to their robust loss absorption buffering system, according to the agency’s report for The Vales.

The Vales EC

Prices on residential properties such as The Vales in Singapore are down 528% as compared to the 2013, the report also cites.

The report goes on to say that, Singapore banks exposure to defaults on mortgages to be minimal due to the overall healthy balance sheets that homeowners have and the fact that they have adequate collateral to cover mortgage costs. …

Restriction Shoebox Units

thevales, March 16, 2015June 12, 2024

A recent Night Frank study said that the attempt to rein in the excessive development in shoebox residential units gave mixed results for Shoebox sales outside the CCR.

Shoebox private resident units rose significantly in comparison with and condominium development outside the CCR. This is occurred after the promulgation of the 2012 guidelines released by the Urban Redevelopment Authority in The Vales.

Restriction of Shoebox Units | The Vales EC

The increase in ratio for The Vales is based on data pre-November 2012, when the new guidelines were released and after the release. The timeframe that was measured was 1 1/2 years on either side of that date.

105 projects that were studied showed the proportion of shoebox residences in certain projects increased from 10.5% prior to November 2012 to 12.1% after the November 4 guideline release.

The focus was on units with less than 47 m², which showed an …

HDB Resale Prices

thevales, March 9, 2015March 28, 2025

Even though prices on the resale of HTB flats has dropped by 6.2% last year with the government’s continuing campaign of stabilizing the public housing market and the tightening of the approval process needed to obtain one. This is not stop buyers from stepping up prime residential properties at out of this world prices.

The Vales EC

Only this afternoon in the media, it was reported that a 5 flat located on a high floor at the Pinnacle@Duxton in the Tanjong Pager went for a record $1.028 million sale recently, which marks the highest price paid on resale of an iconic HDB project in The Vales EC.

HDB Project | The Vales

This was to be expected as experts have warned that the 5 room flats at the pinnacle were prime targets to fetch real sale prices of more than $1 million each.

This is due to the fact the …

Expensive Property Singapore

thevales, February 26, 2015October 26, 2023

According to the latest research on the property market in Asia, Hong Kong has been defined as the most expensive market for construction. Following Hong Kong are Macau and Singapore The Vales EC.

Singapore is relatively more affordable and has faced a drop over the last few years. It is thanks to this that they have moved lower in the global ranking as compared to the ranking provided in the previous year.

With the drop in position, their positions were taken by Switzerland and Denmark as the most expensive markets across the globe as identified by the International Construction Costs by Arcadis.

The Vales EC

The markets in Asia have been affected due to a number of problems including currency fluctuations, prices of commodities, as well as an increase in the demand for development. This has led to the decrease in the Orchard Boulevard Residences Condo cost of building across …

The Vales Columbarium

thevales, January 20, 2015August 22, 2023

Future build to order residence unease over columbarium.

Recent media reports have suggested that a Chinese temple, which will also house a columbarium, being built in Sengkang West has caused concern to future residents of the Fernvale Lea residential project located just next to it. There are fears rising that there could be a drop in property values because of the structure for The Vales.

The Vales EC Sales

Rite Jailani, a property executive, has said that this location is not that popular as it is due to it not being near any coffee shops or the LRT line. He fears that once people know the site is near a columbarium there will be a drop in the value of his flat.

It was in July that Life Corporation, a funeral service firm based in Australia, was given the go ahead by HDB to build the Chinese temple and columbarium …

The Vales EC Floor Plans

thevales, May 26, 2014March 19, 2021

The Vales EC Floor Plans

Please kindly see the below for the floorplans of the units available in The Vales EC. Various floorplans are available to suit your family needs. Kindly take note that the floorplans are subjected to changes from the developer.

2 Bedroom

3 Bedroom

4 Bedroom

5 Bedroom The Vales

Floor Plans and Layout of SingHaiYi The Vales EC

The Vales EC consist of 3,4,5 bedroom units available. Typically, there are 2 types of facing. Tampines Expressway facing or Anchorvale Crescent facing. As a general guide, units 6th floor and above are able to get a unblock view.

Please see more details on the floor plans for SingHaiYi Group which is the developer also for The Clematis Condo Park West. The Clematis SingHaiYi Condo will be available for viewing soon.

Please do not hesitate to contact us should you require detailed information on the unit. A full copy of the floorplans is also available upon request. …

The Vales EC Register Interest

thevales, June 13, 2013August 6, 2023

Anchorvale Crescent SingHaiYi The Vales

Thank you for your interest in The Vales EC. We sincerely appreciate your feedback and suggestions. If you have any enquiries on the project or have any Tampines Ave 11 Tender issues accessing our site, please do not hesitate email us at admin@the-vales.com for the quickest response.

Alternatively, should you prefer us to contact you for your enquires, please do drop us your contact below and we will get back to you the soonest.

7 minutes walk to Sengkang MRT Station
Cheng Lim LRT Station at your doorstep
Upcoming Waterway Point
Retail Facilities and integrated mall at Sengkang General Hospital.
Short Driving Distance to TPE / CTE / KPE
Within 1 kn from Nan Chiau Primary School

Sengkang Fernvale The Vales EC

We value your feedback and suggestions regarding The Vales EC.…

The Vales EC Location

thevales, June 13, 2013September 2, 2023

The Vales Location

The Vales

The Vales EC is a 99-years leasehold Anchorvale Crescent EC development located at Anchorvale Crescent in District 19. With expected completion in Feb 2018, it comprises of 9 towers with approximately 517 units and stands 15 storeys tall. It is situated right beside Cheng Lim LRT Station & a stone throw away from Sengkang MRT Station. Future residents will be able to access the nearby Compass Point and Greenwich V which is a short drive away for some family fun and gatherings. A truly unique lifestyle awaits you. Please also see nearby EC Piermont Grand EC Location at Punggol. Piermont Grand is a new development that is located right in the heart of Punggol.

Bus Interchange & MRT Near The Vales EC

Cheng Lim LRT Station
Sengkang MRT Station

Shopping Mall Nearby The Vales EC

Compass Point
Rivervale Mall

Schools Nearby The Vales EC

Sengkang Green Primary School

…

Project Details

The Vales EC Project Details

thevales, June 13, 2013March 19, 2021

Project Name	The Vales EC
Address	Anchorvale Crescent
Developer	SingHaiYi Group Limited
Tenure	99 years
District	D19
Gross Floor Area	48,840 sq m
No of Blocks	09
No of Storeys	15
No of Units	517
TOP	2018

The Vales EC Showflat SingHaiyi

Anchorvale Crescent Sengkang The Vales

The Vales EC is a 99-years leasehold Anchrvale Crescent EC development located at Anchorvale Crescent in District 19. With expected completion in Feb 2018, it comprises of 9 towers with approximately 517 units and stands 15 storeys tall. It is situated right beside Cheng Lim LRT Station & a stone throw away from Sengkang MRT Station. Future residents will be able to access the nearby Compass Point and Greenwich V which is a short drive away for some family fun and gatherings. A truly unique lifestyle awaits you.

SingHaiYi The Vales EC

A wonderful and unique lifestyle awaits you. Please see The Vales EC project details and floor …