Jewel at Buangkok

Jewel at Buangkok is a new and upcoming condo located in Buangkok Drive and Sengkang Central area, within a short walk to Hougang Green Shopping Mall  and a short drive to Compass Point. With expected completion in mid 2016, it comprises of 9 towers with 616 units and stands 17 storeys tall. Future residents will be able to access the development via Buangkok MRT which is just next to it. Also, nature awaits your family and friends at the nearby Punggol Park. Also, the ultimate nature awaits you at the Sengkang Riverside Park.

Cairnhill Nine is a new condo located beside Paragon Shopping Centre with a link bridge directly to the upscale Paragon Centre. There are many shopping centres around in Cairnhill Nine including Wisma Atria as well as Ngee Ann City. The location in the prime district as well as its proximity to the city area makes Cairnhill Nine condo a highly sought after project by Capitaland.

Jewel at Buangkok has full and unique facilities, which includes a guard house, clubhouse, children’s playground, swimming pool, Cascading Waterfall, function room with kitchenette, Pet Lover’s Bay, indoor gym, Flying Fox playround, hydrotherapy baths, reading room, function room, onsen, jacuzzi.

The condo’s facilities provide full family entertainment needs for your family and loved ones. Indulge in a serene and tranquil lifestyle right in the heart of Buangkok.

Jewel at Buangkok

Several buses are available near Jewel at Buangkok along with shopping centers and restaurants. Jewel at Buangkok is also near to Compass Point as well as Hougang Green Shopping Mall. Entertainment for your loved ones and friends is therefore at your fingertips with the full condo facilities as well as the amenities near Jewel at Buangkok.

Jewel at Buangkok will be accessible via Buangkok MRT Station, which is just next to it. Commuting to the city area as well as the Serangoon area is therefore very convenient.

Jewel at Buangkok is also near elite schools such as Nan Chiau Primary School and Nan Chiau High School. Montfort Junior School Holy Innocents’ High School and Chij Our Lady Of The Nativity are also around in the area.

Sol Acres EC Choa Chu Kang MCL Land

For vehicle owners, it takes less than 30 minutes to drive to the city area, via Central Expressway (CTE) and KPE (Kallang-Paya Lebar Expressway).

A wonderful and unique lifestyle awaits you. Please see Jewel at Buangkok project details and floor plans for more information.

Other Launches

Sol Acres Choa Chu Kang EC – Sol Acres EC New Launch at Choa Chu Kang EC by MCL Land

The Vales EC – Anchorvale Crescent The Vales EC by SingHaiYi Properties

Westwood Residences – Koh Brothers EC right beside NTU. Launching Soon.

Signature EC – Signature at Yishun Street 51 EC by JBE Holdings

Treasure Crest EC Kopitiam Square – Sim Lian Anchorvale Crescent EC at Sengkang MRT near to Cheng Lim LRT Station

Thomson Impressions – Upper Thomson Road Condo at Lorong Puntong by Nanshan Group

Principal Garden Showflat Prices – More information on Prince Charles Crescent Showflat

The Criterion – Yishun Criterion EC by City Developments Limited (CDL) at Street 51

The Gems Toa Payoh – Toa Payoh Lorong 4 / Lorong 6 Condo by Evia Real Estate

Northwave by Hao Yuan Investment Woodlands Avenue 12 EC

Evia Skies 39 Toa Payoh Lorong 4 – Toa Payoh Lorong 4 / Lorong 6 Condo by Evia Real Estate

Poiz Residences MCC Condo – Meyappa Chettiar Road New EC by MCC Land

The Qingjian Realty Canberra Link EC EC – Qingjian Realty EC Sembawang Road Canberra MRT

Lakeside Condo Lake Grande Jurong East – Jurong West Street 41 Condo by MCL Land near Lakeside MRT

Tampines MCC Land Alps Residences – Tampines Avenue 10 Condo by MCC Land The Alps Residences

Parc Riviera – EL Development West Coast Vale Condo near Clementi Mall

Cheng Lim LRT near to Sim Lian Land EC

Cheng Lim LRT Station is located in the northeast area of Singapore, a beautiful country in southeast Asia. The Cheng Lim LRT Station was opened for passenger service in January 2013. Previously, it had not been opened to passengers. This light rail transit loops from a major transportation hub to a more rural farm area. The Cheng Lim LRT is located in Anchorvale in the Sengkang West Loop area. It runs between the Lorong Chem Lim railway and Cheng Lim Farmways. It is also near to Treasure Crest EC Sengkang.

Cheng Lim LRT Station Sengkang

Cheng Lim Farmways 1 to 6 derives its name from Goh Cheng Lim, who founded and directed Kim Hock Hoe Ltd. Many farms used to exist in the area, and it is still rural. Lorong Chem Lim is quite developed by contrast, making Cheng Lim LRT among the busiest of the LRT stations in Singapore.
Plans exist for Sengkang Hospital to be located next to Cheng Lim LRT station. The hospital is projected to be open as early as 2018 or as late as 2020. The station is currently located next to Treasure Crest EC. Employees of Treasure Crest EC use the station to go to work and to other parts of Singapore.

Cheng Lim LRT Anchorvale Crescent Treasure Crest

In addition to the Sengkang Anchorvale Crescent, the Chem Lim LRT station serves people located in and near Punggol. Punggol New Town is a developed area with retail stores, supermarkets and high-rise apartments. The area continues to be developed and is greatly served by the Chem Lim LRT station.
The SingHaiyi Group Ltd. is the group of architects who designed Chem Lim LRT. Their goalwas to create a wonderfully elegant station to serve theresidents in the northeast section of Singapore. The Chem Lim LRT Station is a beautiful station with a clean, contemporary look.
In summary, Cheng Lim LRT Station is a beautiful and busy light rail transit station that serves residents of northeast Singapore.

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Clementi Ave 1 Condo

Rents of Condos, HBD flats fail again in 2015.In the year 2015, SRX property reported a 5.4% drop in the rental index. This was a large fall as compared to the registered fall in the preceding two years for Clementi Avenue One Condo. This indicates a continued decline in the renting of non-landed but privately owned homes and Housing and Development Board flats. In fact ERA predicts that this trend will heightened in this whole year. There is expected to be a 5%-8% dropping in the number of people seeking to rent non landed houses.

Rents for Clementi Condo near NUS

Due to the strict immigration rules and the influx in the availability, rents are likely to feel the real pressure in this year of 2016. This is even more certain in areas where many of the completions are occurring like the Outside Central region. Available information from SRX states that 2015 posted 6.4% drop in rents in the Outside cores region while the core central region posted a 7.6% drop. It is the same trend of continued drop that SRX posted in its property listing in Clementi Condo near NUS. They dropped 2% in 2013, 2.5% in 2014 reaching a quicker pace in 2015 with a 4% drop. SRX asserts that that December 2015 dropped the highest with an 8.6% drop with regard to UOL Clementi Ave 1 Condo rents.

Falling Rents Clementi Avenue One Condo

A month on month analysis reports a similar trend with a 0.5 % index drop in November 2015 followed by a 0.6% index drop in December 2015.However, SRX reports a growing demand for HBS flats. There was an 8% steady growth in the demand from some years reaching the peak in December 2015 with 1817 sales. Mr. Lim, the director of SRX attributes this to the large cost of relocating that most expatriate are unwilling to pay in Clementi Avenue One Condo. They in turn seek HBD flats for renting.

UOL Clementi Ave 1 Condo

The private sector has also experienced a growth in the leasing of Clementi Ave 1 Condo transactions of its condos and apartments. In December 2015, they posted a 6.4 % growth from the previous year posting 3,093 leases. However, experts have attributed this more to the renewing of the existing leases than to the making of new leases. Mr. Lim asserts that tenant prefer to make short leases to capitalize on the deteriorating lease environment. Clementi Avenue One Condo Short leases are also preferable also increase the rate of leasing deals and hence post an increase in the volume of rental transactions.

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Alexandra View Condo

Experts are predicting a 3 to 5% drop in new private property prices in the coming year. With the volume of unsold new housing stock increasing prices for these properties could fall even further. It is a choice property developers for Tang Skyline Alexandra View Condo would rather not be faced with, keeping homes at full price and not selling many, or reducing prices markedly and drastically cutting profits. So said Mr Wong of Orange Tee.

Property developers have to a certain extent have had to lower prices already, as the total of unsold properties has been reduced notably over the last year (falling from 24 % to 18 %). It means that the prices that they have charged per square foot (psf) have fallen notably for Tang Group Redhill Alexandra View Condo.

Tang Skyline Alexandra View Condo

Prices have had to be lowered right across Singapore, with some developments having to have prices cut more than others. Whilst Tang Group Condo keeps money coming in to the real estate firms it is less than expected and has greatly reduced profit margins. This trend is bad for the construction sector as real estate companies will want to avoid investing in new building projects until profit margins improve once again.

Properties have been selling, with Tang Group Redhill MRT Condo developer, Frasers Centrepoint selling 760 units, especially at North Park Residences. Also developer MCC Land has sold 354 units, a 55% increase over the previous year.

Tang Group Alexandra View Condo

Yet these stronger sales are in selected Tang Skyline Redhill Condo housing projects, which managed to be more appealing to prospective home buyers. People seeking to buy property have become more selective in recent times and often go for the properties with the most discounted prices. At the moment the private property in Singapore is most definitely a buyers market.

In the next year it is predicted that sales of private property will grow slowly, but at a rate that will be too low to provide any kind of relief to the depressed conditions within the building and construction sector near redhill mrt station. It is also highly likely that any growth in the sales of private property will be mainly achieved through the lowering of home prices. If that is the case then real estate companies and property developers will be making limited profits.

Prices for Alexandra View Condo

Private house prices remain lower than they were two years ago, having dropped by an average of 8 % since 2013. Financial experts are not expecting any price rises next year, if anything they expect prices to fall a little bit further.

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West Coast Vale Condo

The 3rd Quarter saw a drop from 11 deals in the 2nd Quarter worth $282 million for Good Class Bungalows, to 9 being transacted at a figure of $177 million. This 3rd Quarter figure was ahead however, of 2014’s 3rd Quarter that saw 7 deals transacted at a total of $167 million,

2015’s first 9 months record a sales total for Good Class Bungalows at 24 deals transacted at a total of $554 million, which was just ahead of figures from the same time last year that saw 22 deals transacted for a total of $511 million.

EL Development West Coast Vale Condo

Among these 3rd Quarter deals for 2015 that were entered was a Tanglin Hill freehold bungalow that sold for $25 million, which equates to $1,539 psf on a land area of 16,243 square feet.

A caveats search indicated that buying this West Coast Vale Condo property is Hiew Yoon Khong, who was this years winner of the Outstanding CEO of Year award for Singapore’s Business Awards ceremony and is the chief executive office for Mapletree Investments. The purchase is being made from property development firm that is low-profile.

Previously the property was transacted in 2006 for $10 million. Taking into consideration that the new owner of the property will probably opt to rebuild the home, the per square foot amount of $1,539 was considered to be quite reasonable for this EL Development West Coast Condo location.

West Coast Vale Condo

A property expert pointed out that, on the assumption that, to build a new home on the 10,000 square foot gross floor area will cost around $500 per square foot, there should be a break even cost that will come close to $2,000 per square foot of the land area. He further noted that Tanglin hill, due to its close proximity to Orchard Road, is quite a popular location for Good Class Bungalows.

According to recent data from West Coast Vale EL Development Urban Redevelopment Authority Realis, a general pick up has been seen in deals for landed property. The data further shows that the 3rd Quarter of 2015 saw a change of hands in 326 landed homes. This number is up from the 2nd Quarter’s 301 and 2014’s 3rd Quarter figure of 246 transactions.

The first 9 months of 2015 saw a rise in sold residential landed properties’ value at $3.54 billion, which is up from 2014’s first 9 months with a figure that reached $3.07 billion. This most recent figure however, is just under the $5 billion that we saw transacted for 2013’s first 9 months.

West Coast Vale Condo GCBs

Another analyst stated that this increase in West Coast Vale Condo demand for landed homes comes as buyers are finding current pricing more attractive. A majority of these buyers are purchasing these properties for owner occupation, for either a multi-generational family lifestyle or for their children. In addition, with the stock for landed properties being limited, these properties have become a more appealing asset for those investors looking for capital appreciation.

Its not just investors and owner occupiers drawn to these houses. EL Development West Coast Condo Developers have also been on the lookout for older homes that they can redevelop. Just last month saw Roxy-Pacific close a deal to purchase an older freehold bungalow site of 19,474 square feet that is situated along Sea Avenue, which is in close proximity to Marine Parade. Teo Hong Lim, executive chairman for Roxy, stated that the group is planning to redevelop the plot into an apartment project of 5 storeys and around 25 units. Under the 2014 Master Plan, the sit has a plot ratio of 1.54 and has residential zoning. The purchase price equates to $789 psf, ppr.

Mr. Teo stated that, these days, finding a West Coast Vale EL Development landed housing site that they can redevelop is quite difficult. This is due, in part, to the government raising the minimum size of plots for apartment development to 10,764 square feet (1,000 square metres). Furthermore, a majority of the larger bungalows that, under the Master Plan, are able to be redeveloped into flats have been redeveloped already.

West Coast Vale Condo Near GCBs

Owner expectation is still ahead of the market as well, adds Mr. Teo. Using the Telok Kukau area as an example, owners are are looking for land area that is around $1,000 per square foot, which equates to $700 + per square foot, per plot ratio. This would make the break-even price over $1,000 per square foot.

Earlier in the month saw Pinnacle Assets, a boutique property group, purchase a EL Development West Coast Vale Condo freehold older bungalow for $46.38 million at 3 East Coast Avenue. This equates to a land area of 45,249 square feet at $1,025 per square foot. The site itself has a zoning for mixed landed housing of 3 storeys. It is big enough to be redeveloped into potentially 14 to 18 landed conventional housing units that can be a blend of semi-detached and terraces homes.

Even though these West Coast Vale Condo large plots are rare for landed housing development, groups of smaller plots can be found with old houses on them, which have the potential to be redeveloped into 2 or 3 new houses.

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Lew Lian Condo

However, Wong did also say that the market is extremely ‘flexible’ and that things could change.

“The economic situation outside and inside the Hong Leong Holdings Condo country is constantly fluctuating, so it is necessary to carefully observe things and change policies according how events shape conditions in Singapore.”

The HBD resale prices soared by close to 50% in the years between 2009 and 2013.

Lorong Lew Lian Condo by CDL

In the years after their peak, in 2013, prices for Upper Serangoon Condo dropped by around 10%.

The price of private properties has also dropped by 8% from its peak in 2013.

These decreases are the result, at least partly, of policies introduced to try and soothe an overactive market.

The policies include a mortgage servicing ratio limit of 30% which was implemented in 2013. This measure restricted the amount of CDL Serangoon Condo total income which can be utilised to service a loan on a HDB property in Lorong Lew Lian Condo CDL.

Plus, an additional policy, the total debt servicing ratio (60%) was implemented in the same year. It stops fiscal organisations from handing out property loans if the overall monthly repayments for potential lenders surpass 60% of their total monthly salary for Lorong Lew Lian Condo Hong Leong.

New Launch Condo at Upper Serangoon

According to a specialist, a complete eradication of these cooling policies might be a disastrous move and lead to another price hike. In fact, all of the work put in to avoid this, over the past three years, could be wasted if regulations are loosened at the wrong time.

Yet, he also indicated that the Serangoon CDL Hong Leong Condo market might prosper if some policies – for example, Additional Buyer Stamp Duty (ABSD) – are loosened gradually.

At the moment, overseas investors must pay an extra 15% of the property price if they want to buy a house in Singapore. If Singapore residents want to purchase a second or a third property. They must pay 7% and then 10% extra, respectively.

This disincentives investment and has a detrimental impact on the market, particularly within the central areas where lots of immigrants reside.

Upper Serangoon City Developments

The Inland Revenue Authority states that the number of ABSD agreements with overseas investors stood at 1,149 in 2014 for Hong Leong Holdings Condo nex shopping centre. This is a drop from 1,980 in 2013 and 2,432 in 2012.

According to Wong, there may be a chance for some policies to be loosened and others maintained, at different times, but he did not discuss which these might be.

“It is not necessary to adapt by getting rid of policies. It is not the right time to talk about which policies might be changed and which will stay.”

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MCC Land Condo

Also, these sellers could very well time their very own exit to be able to overcome or to avoid paying for Seller’s Stamp Duties (SSD) impose by the local authorities. As potential property sellers anticipate there may be still quite some time prior to interest rates increase, plus due to their very own present-day financial status, Meyappa Chettiar Road existing home owners are not likely to lower their very own price expectations for MCC Land Condo. Except for the quick blip during the international financial doom and gloom, which usually doesn’t require much time to recover for Potong Pasir New Condo Meyappa Chettiar, property owners have been sitting on greater than attractive sales and profits in the previous cycle,” she said.

New Mix Development by MCC Land

August’s developer new project sales for Potong Pasir Meyappa Chettiar MCC Land stayed flat these continous quarters at 84 units, in accordance with the latest report by CIMB Bank, Singapore. The worst-hit zones are the ones without easy-access to establishments, like public transport. However, ERA agent Zola Tan mentioned The Poiz Residences MCC Land need continues to hold up in mature estates as well as those near MRT stations for The Poiz Residences. There was an island-wide drop by 3.7% , quarter on quarter, for the average rent prices of prime retail 1st storey properties in Potong Pasir Condo.

Meanwhile, levels of Potong Pasir New Condocompetition are most likely to even further increase as more suburban private homes are expected to be ready next year, said Ong. It was further pointed out that the areas outside of Orchard Road showed the largest decline. As stated by reports, City Gate sold only 10 percent of units available as purchasers continue to be cautious of the real estate sector. Furthermore, a dip of 3.5% was seen, quarter on quarter in the average for rents of first storey prime units in the Orchard and Scotts Road area, to $38.45 per square foot.

MCC New Condo Potong Pasir MRT Station

These areas outside of Orchard Road included City Hall, Marina Centre and the Central Business District. Rents dropped by 4.5% to around $22.10 per square foot, quarter on quarter for 2015’s 3rd quarter. They further said that it was retails sales that were sluggish and a consumer sentiment in potong pasir mix development that was weaker that attributed to this drop in rents. The surplus houses for rental also provides tenants with increased alternatives to look at. It seems that the rents in this area were more resilient due to a large number of international brands seeking rents in these areas for The Poiz Residences MCC Land.

Potong Pasir New Condo Meyappa Chettiar

A real estate firm pointed out that, in the quarter for July through September, the recorded average for monthly rents has been the lowest to be seen since 2006. The year on year figure was down by 4.5% to around $30.90 psf for 2015’s 3rd Quarter as well, according to one global property consulting firm. In an effort to sell off additional new units before TOP, various developers have resort to dangling discounts to purchasers and some discounts can easily be as high as 20%. For example, Urban Resort has cut 20% off listed price tag in order to sell some of its units.

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