First Home- Singapore's Largest Development EC, Sol Acres

Friday, August 25, 2017

Being a young couple, Matt and I have spent quite a bit of time talking and planning for our future together. Not only are our finances in the talks, our future talks somehow always revolved around the big ticket items that we have to start planning for, with the bulk of the conversation surrounding housing.

Yes, housing! 

I'm sure all young couples agree with me, that this is the biggest headache we all face because there are lots of factors to consider before we dive into purchasing our first home together. Now let me share with you guys the few things we always talk about when it comes to making the decision to buy a home.

1. What type of home are we looking at? A HDB, BTO, Executive Condominium, or a private house?
2. How much is it? Can we afford it based on our income?
3. What are the return on investments expected?
4. Size and if applicable, are there any facilities ?

So today, I'm gonna share with you guys one of the latest discovery we found, Singapore's Biggest Executive Condo (EC) development project, Sol Acres.
We headed down to their showroom the other day and it was such an eye opening experience for us, first timers actually! 
This huge development sold like hot cakes and it's no surprise why, not only because ECs have always known to be good investments (they turn into private condos after 5 years), but because Sol Acres is in fact, pretty affordable! 

Only limited 1-bedroom units are left.

AFFORDABILITY

One of  the biggest takeaways from this viewing was definitely how the thought of owning an EC is not that far away, a 1 bedroom unit at Sol Acres is going for around SGD$370,000 and up. 
This means that a couple of a combined income of SGD$4,500 and above will be able to afford a unit like that comfortably. Shocking right? 

Matt and I were brought around the 1-bedroom unit in the showroom and boy, I envisioned it to be reallllyyyyy cramped and small but I was wrong! That size is perfect for a young couple to live in. 
I'll let the photos do the talking.
Kitchen
This is a movable desk that can double up as a study table and a dining table!

HASSLE - FREE OPTION AVAILABLE
With smarter, space-saving designs like this, you can definitely do much more with the space!

Sol Acres even has an Interior Design Package going on, if you're interested in moving in hassle-free without worrying about the renovations etc, you can!
There is an all in, designed and fully-furnished option which you can opt for at at a subsidized price. Which is a STEAL because everyone knows an average house would cost you at least $30,000 to renovate, much less include the cost of furniture.
Everything you see in the photos, including the bed, the fridge, the chairs, fans, lighting, cupboards etc. They are all-inclusive in the ID package!

INVESTMENT VALUE
Sol Acres is not only the biggest EC development in Singapore, it is also the ONLY one with a 1-bedroom unit option, nationwide!
That in itself, coupled with the usual capital gains you would get with an Executive Condominium, makes it an extra-good investment piece of property. There are limited 1-bedroom units in Sol Acres, which means lesser competition for resale!
FACILITIES
At Sol Acres, there is a plethora of facilities for everyone to enjoy. 
Not only do they have a Gourmet Chef Terrace where you can enjoy some food with your friends and neighbours, there are 2 other clubhouses, 3 pools, a gym, 2 media rooms, pet's corner and more. You can view the full list of facilities here.

There will never be a dull moment there!
SHORTER WAITING TIME
Not only that, this project will be ready for you in Q1 2018! Which means you don't have to wait super long to move into your new home.

I personally felt that this development is amazing and really suitable for young couples that are looking to purchase their first homes together. Not only is it affordable, it has potential high return on investments value, a wide array of facilities and amenities, short waiting time and last but not least, it is also accessible to the shopping malls and LRT/MRT stations!


Register here to book your appointment to view Sol Acres' 1-bedroom show suites



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