Frankly speaking, spending so much money like $800k-$1m++ on a ec/condo for a 99yr development in current economic situation is just way too high. Don't forget the monthly maintenance fee of $300++ just for using some recreational facilities like swimming pool, gym and etc is really not worth it.
You can just take a LRT to Farmway for the Anchorvale CC which has feature pool and a nice gym which only cost you at most $2.50/adult for a weekend use. Even if you include return LRT fares make it another $2 for easy calculation, it's only at most $4.50+- for a visit to Anchorvale CC from other parts of Sengkang. Comparing the $300++ maintenance fees which you would probably only go once a week to utilize the condo facilities, it is really a hefty premium you are paying!
But of course if you have loads of cash with an iron rice bowl then why not? Too much $$ also need to be spend somewhere and EC is still cheaper than a pte condo. But for those with not much cash position and need to take up a high loan amount to service monthly installment for the next 20-30 years, think thrice.
The current unclear economic situation with increasingly higher number of layoffs are some of the tell tale signs. it will be painful and stressful if you lost your rice bowl yet still have to continue servicing your high loan installment and interest to the bank every month.
Don't forget this is EC, need to hold at least 5 years upon TOP before selling off to fellow SG citizens/PR and 10 years to be able to sell to foreigners.
So that means, if something goes wrong and you need to sell it, you cannot sell it readily in the open market. You need to make sure you have enough position to service your instalment and hold for the next 8 years minimally (including the time to complete building assuming 3 yrs + 5 yrs MOP) as contingency.
I won't be surprise when the whole lot of recent EC launches reaches its 5 years MOP, there might be lots of desperate ec sellers....
