About eCO - The Concept
eCO is a unique residential development located along the heritage raintree-lined Bedok South Avenue 3, nestled within an established private residential area. eCO offers five residential lifestyles – SOHO, Suite, Loft, Condominium and Townhouse, all within one gated community. Located just 5-min walk away from Tanah Merah MRT Station, residents in eCO enjoys great accessibility!
In harmony with nature – this is the inspiration behind eCO. The development is conceived as a “community in a garden”, where the outdoor environment and garden spaces are carved out as different characters for the enjoyment of residents. Rich tropical landscape, majestic rain trees, lush gardens and leisure spaces will form the backdrop where the community will learn and grow together. Planned as an ideal home in harmony with nature, eCO's “green” features includes a rain garden for rain harvesting, an eco-stream, vertical greenery and a community garden where residents can grow their own vegetables.
EXCITING TRANSFORMATION OF CHANGI
Expansion of Changi Airport
Changi Airport will be expanded to include an iconic mixed-use complex codenamed “Project Jewel”, two new terminals and a fourth runway.
Project Jewel and Terminal 4 will be ready by 2017. 70 percent of the $1.47 Billion Project Jewel will be retail space, and a hotel will also be developed (Click here to view article). The airport expects to be able to process up to 85 million passengers a year by then. Changi Terminal 5 is expected to be ready by mid-2020s, doubling Changi Airport’s current capacity and going a long way in ensuring Singapore’s competitiveness as an air hub (Click here to view article). PM Lee also noted that the Airport and its related services provide some 163,000 jobs and account for 6 per cent of Singapore’s GDP.
Changi Business Park a strong draw
Changi Business Park was launched in 1997 as part of the Government’s plans to decentralise economic activities. It had since attracted many companies seeking high quality business space outside the Central Business District (CBD). Some of the world’s leading companies at Changi Business Park include Honeywell, Xilinx, CISCO and financial institutions such as DBS Bank, Citibank and Standard Chartered Bank (Click here to view article).
The business park’s growth was supported by the many amenities and infrastructure put in place over the past few years and also a ready labour pool from the nearby suburban towns of Tampines and Simei.
Changi Business Park has evolve into a major employment hub with thousands of workers relocating there over the past 4 years. The working population is expected to grow further with the recent opening of office building, One@Changi City. The office block is more than 90 per cent occupied, with anchor tenants such as Credit Suisse and JPMorgan. The opening of One@Changi City also marks the completion of Changi City, Singapore’s largest integrated business park development which integrates business space, ONE@Changi City with retail mall - Changi City Point and hotel -CAPRI BY FRASER. The retail mall houses shops such as Cold Storage, Koufu, Gain City, Bagus, Nike, Challenger and Tung Lok Signatures and will serve the residents and office workers in the area. Park Avenue is another hotel located opposite Changi City Point mall.
According to JTC, the park will continue to evolve, housing industries and enterprises that can leverage on the close proximity to Changi Airport, as well as incubate new industries that could emerge from Singapore University of Technology (SUTD). (Click here to view article)
Singapore’s fourth university - Singapore University of Technology (SUTD)
SUTD is a research-intensive institution that focuses on technology-intensive design education and research. Established in collaboration with MIT, SUTD is expected to serve as a new engine of knowledge creation and talent attraction that will help boost Singapore’s economy.
With a growing catchment of working professionals, families, students, Changi will realise the work, live, learn and play concept. There is potential leasing demand in the area.
Invest in eCO now!
ECO DEVELOPER: ECO PROPERTIES PTE. LTD. • UEN: 201206184H • LICENCE NO. C0951 • TENURE: 99 YEARS LEASEHOLD COMMENCING ON 14 MAY 2012 • ENCUMBRANCES: MORTGAGE NO. IC/911934M IN FAVOUR OF SUMITOMO MITSUI BANKING CORPORATION, SINGAPORE BRANCH • LOT/MK NO. LOT 10845C MUKIM 27 • BP NO.: A1273-00002-2012-BP01 DATED 7 SEPTEMBER 2012 • EXPECTED VACANT POSSESSION DATE: 31 DECEMBER 2017 • EXPECTED LEGAL COMPLETION DATE: 31 DECEMBER 2020