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Situated on Anchorvale Crescent, in District 19, Treasure Crest is a new development of executive condos.
Due to be completed by mid-2019, plans for the site involve the creation of around 525 residential units in various layouts, including those suitable for families. While final plans are subject to approval by local authorities, the site would cover roughly 10 blocks and reach up to 16 storeys high, with the units accompanied by a host of attractive features.
Sim Lian Land Treasure Crest
A 50-metre swimming pool will be available alongside an indoor gym while an outdoor area will also be on-hand to help residents unwind. Those looking to work from home will even be able to make use of the on-site function room. While the development boasts an excellent location, current plans see residential units placed facing away from the Tampines Expressway and Anchorvale Street, with additional buffers in place to help ensure a quiet, relaxed environment.
Treasure Crest EC
Situated near Punggol and Sengkang, this development puts residents close to a range of local transport options and amenities. Various major roads pass through the area, with Cheng Lim LRT station also close by. Punggol Waterway Point is one stop away on the MRT while One Sengkang Mall and Sengkang General Hospital are both within easy reach. Sengkang Sports and Recreation Centre is a short distance away too, providing fitness facilities, food outlets and more.
Treasure Crest Executive Condominium
Sim Lian PTE LTD, a developer with a long history in real estate, secured the 99-year leasehold on the site. Thanks to falls in the price of executive condo land in recent years, they will be able to make these units competitively priced to attract private ownership. This particular development will bring the total number of executive condo sites in the area to three,alongside Bellewaters EC and The Vales EC. While these other sites have seen relatively slow sales, Treasure Crest’s excellent location and competitive pricing should help ensure it hosts a sizeable, vibrant community quickly. Read More
The Woodlands is a vibrant, rising area where new shops, ECs and schools are being built. Northwave EC is a new executive condo community in the midst of this exciting development. It is located next to Woodlands Regional Centre and at the corner of Woodlands Avenue 12 and Gambas Avenue. Families in any stage of life can find a comfortable home at Northwave EC.
Northwave EC Hao Yuan
The Woodlands setting ensures a quiet retreat for residents. Northwave EC is landscaped with soothing greenery and many of the homes do not face a busy street. Nature and recreation lovers benefit from the EC’s close proximity to Sembawang Park and the Woodlands. They can walk, jog or bike to the Woodlands waterfront area or to Woodlands town on the Woodlands Park Connector. Residents don’t have to leave Northwave to enjoy recreation currently, as the EC has a tennis court, swimming pool and barbecues.
Woodlands North Wave EC
The diverse residents that live in Northwave EC Hao Yuan Woodlands include young families, couples and seniors. There are many quality schools in the area, beginning with child care centres and primary schools such as Northoakes and Sembawang Primary Schools. Secondary schools include Woodlands Ring and Evergreen Secondary Schools. Higher education is available with only a 3km drive to Yishun Junior College or Republic Polytechnic.
New roads and public transportation speed Northwave EC residents to local shops and markets. Two MRT stations are 1.1km away from the EC. It only takes about 23 minutes to drive to popular shopping centres such as the Orchard Shopping Belt, Central Business District and City Centre. Local businesses include Food Centre, Chong Pang Market, Admirality Place and the Sembawang Market. A Woodlands Food Centre is in the plans and Northpoint City is scheduled to open in 2018.
Northwave Gambas EC
Northwave EC is in the midst of a vibrant, rising area. It is both a good investment and a comfortable place to live.
Sources from local property agencies indicated that Cairnhill Place carpark is closed for redevelopment by Capitaland. This is in response to the new development that Capitaland intends to build at the site. Redevelopment for Somerset Grand Cairnhill is set to begin soon and there the development will be turned to service suites as well as residential condominium units for potential buyers. There will be approximately 268 residential units in the development.
Capitaland Somerset Grand Cairnhill Condo
A piece of land represents a mosque, Al-Falah that is still conducting its routine despite renovations that is now held for Somerset Grand Cairnhill. The spokesman for Religious Council of Singapore is in talks with Capitaland to reduce any convenience that is brought about due to the renovation works.
Capitaland land have bought over its own unit using its own unit, Ascott Residence Trust. Spokesman for Capitaland indicate that this is the company’s first venture into the service residences business and this will bring in fresh equity for its shareholders. Capitaland is seasoned developer in Singapore with many condominiums, shopping malls as well as offices under its arm. Somerset Grand Cairnhill turning into a service suites represent a significant step by the company to earn constant income from short-term stayers.
Ascott Residences Trust
It is noted that Capitaland has presented paid up capital to top up with a fresh 99 year lease for the development and Savills International note that the development might be selling anywhere from $2,500 – $3,500 psf given the price which the surrounding is selling for.
Somerset Grand Cairnhill will have a total of 345 parking lots as well as motorcycle lots for the residents.
With the TDSR measures kicking in and stopping buying momentum, buyers are more choosy in selecting their Ascott Capitaland service suites next property and are looking for unique properties preferably in the city centre to park their investment funds. Somerset Grand Cairnhill represents an opportunity that is one of a kind in Singapore and should receive interest from both Singaporean buyers as well as foreigners alike,
The performance of four malls, located in the Jurong East Regional Centre, is still turbulent. However, a recent survey which contrasted this performance with that of three malls in the Tampines Regional Centre has indicated that positive change could be on the horizon for Sturdee Road Condo.
The joint survey was carried out by a global consultancy business (SmartHub) and a large scale data processing company (Teralytics). It discovered that the malls in Jurong East actually welcomed a greater amount of shoppers, but that the distribution of Sturdee Road Condo Farrer Road consumers was smaller in light of the vast floor area for Sturdee Road Sustained Land Condo.
Performance of Sturdee Road Malls
The survey recorded details about visitors in a confidential manner. The term ‘visitor’ was used to describe anybody who spent time in one or more of the mall buildings in the area for Farrer Road Condo Sturdee Road. It also took into account figures relating to Tampines Mall, Tampines 1 and Century Square (the alternative Tampines Regional Centre malls).
The Jem, Westgate, IMM, and JCube malls were representative of the Jurong East Regional Centre. The Big Box mall was not counted, as it was thought to be too new an addition in Sturdee Road Condo Farrer Road.
The figures from May were used as a signifier for visitor numbers throughout non-peak periods. The figures from -December were used as an indicator of visitor numbers during the busiest time of the year for Sturdee Road Condo.
As sellers are continuing to drop their price expectations, it is likely we will see more GCB deals as they snap up choice pieces of property, as the market is ripe for Singapore, as well as foreign investors. They had a much larger budget and were typically spending between 25 and $30 million for MCC Tampines Avenue 10 Condo.
Tender for Tampines The Alps Residences
Experts have commented that most potential buyers of GCB’s are looking to spend $20-$25 million on a piece of property, while in 2013. Upscale apartments are accounting for aneven smaller segment of the non-landed sales going on currently for Tampines Ave 10 Condo. $1425 per square foot is much lower than the 1659 per square foot is selling in other areas nearby.
Standard had originally been asking $24 million for theproperty,but settled on the lesser value as their goal wasn’t unachievable in the current market for MCC Land Tampines Tender. Only hundred and 12 luxury apartments have been sold so far, which is well down from the 162 units sold last year and compared to the high in 2013 of 188 this is showing a trend away from apartment living. Only 73 units or 10% of the secondary non-landed sales in this quarter 0f 2015 have been sold, which is down from 12% from 147 in the 2nd quarter and down 12%, (97 units) in the 3rd quarter for last year in Tender for Tampines Ave 10 MCC Land.
MCC Land Tampines The Alps Residences Tender
Concurrently, MCC Tampines Avenue 10 Condo property sellers could very well time their very own exit in an effort to decrease or to avoid paying for Seller’s Stamp Duties (SSD) impose by the local government bodies. Aside from the simple blip during the world wide financial disaster, which in turn does not require much time to recover, real estate property owners/investors have are sitting in excess of handsome paper gains inside the previous cycle,” she said. Luxury Apartment as defined as apartments in district 9 to 11 as having a space of at least 2000 ft.².
Looking at the sector for luxury condominiums, July saw a unit on the 5th floor of Wing Tai’s Le Nouvel Ardmore freehold sell for $15.84 million, equating to $4,000 per square foot, and being the highest price per square foot this year for any non-landed private home.
A larger jump in skies 39 braddell mrt was seen in July for the volume in private homes sold, from 511 units at this time last year to 1,806 units sold presently, the highest jump to be seen since June of 2013.
Toa Payoh Skies 39 Condo
Another consulted pointed out that the June 2013 high volume of sales occurred before the Total Debt Servicing Ratio measured were put into place, a move which had an adverse affect on buying demands for skies 39 evia real estate.
It seems that some hefty spending has been seen by well seasoned foreign investors in the market of strata offices amidst the segments seeing buying that has been very selective.
According to recently lodged records, one Chinese investor put down close to $100.6 million of the Prudential Towers’ 25th and 27th floors. Based on unit area of 12, 196 square feet per floor, this equates to about $2,750 per square foot for Dundee Road Queenstown.
HY Realty Dundee Queenstown Condo
The buyer is a native of Shanghai and it is believed that he is a property developer who owns beverage and food chains. The purchase at Prudential Tower will mark his first investment in the strata office sector in Singapore. He does, however, already own several residences and shop-houses in Singapore Dundee Road.
The guidelines state that all warnings, qualifications and disclaimers must be printed so as to be read without a magnifying glass, and even specify the smallest font size which can be used.
Mr. Tan added that the rapid increase in seminars promoting investor clubs had occasioned the requirement in the new code requiring advertisements make plain, where a seminar involves any property booking or investment for Flora Drive Condo.
Flora Road Condo Hong Leong
Eric Cheng, Property CEO at ECG noted that the number of overseas companies, from many countries, selling foreign property in Singapore has increased rapidly in the last two years and aggressively advertise so that currently most weekend advertising was filled with overseas property launches. Mr. Cheng added that some overseas property markets were increasingly popular with Singaporean investors due to their lower prices, and Singapore’s government was very concerned aboutsome practices within this market.
According to a recent annual survey that was compiled, the RICS and MacDonald and Company Rewards and Attitude, which is in its 9th year now, Malaysian and Singaporean professionals in the real estate sector expect that this year will see them earning a great deal less than they have in previous years. The survey is the most comprehensive to be done for the property sector of Asia for Signature at Yishun Street 51 EC.
Signature at Yishun Street 51 EC
1,652 Asian real estate professionals were surveyed for this report between December of 2014 to January of 2015. This was done across the region of Asia. The survey found that there was a 1.6% drop in real estate professionals’ average base salary for JBE Holdings Yishun EC last year to a figure of $94,510(US). The report has suggested that part of this can be attributed to changes in the profile of the respondents, showing a drop for those who have been in the industry with over 16 years of experience. This figure was down to 44% of the respondents as opposed to last years figure of 47%.
Yishun EC Real Estate
A drop in the annual base salary was seen across all of the regions that were surveyed for this report. The least amount of a decline was seen in Hong Kong for professionals in the real estate sector. Salaries in Singapore sipped from 2014’s $135,580(US) to $113,384(US) for this year. Real estate professionals in Malaysia for Yishun EC JBE Holdings showed a drop from $71,804(US) in 2014 to $63,073(US) for this year.
The Majority of Property in Singapore is Leasehold
Spending a good chunk of your life paying for a property that is going to remain in your family for many generations is one thing. But its another situation altogether when you are spending half of your life paying for a home that will eventually get repossessed after a 99 year leasehold by the government.
Something that often gets overlooked when Singaporeans buy these properties with a 99 year leasehold is the simple fact that the appreciation of that property take a bit longer than a freehold property in the long run. It can even depreciate much more during times when the property market has taken a dive, or when you get to the end of the lease.
Wandervale EC in Choa Chu Kang
Purchasing a leasehold property has been compared to purchasing a long term rental on a property. It depends on whether or not this move will make one better off financially, but the mainstream view is that buying is better. Keep in mind however, that you are not choosing to take on this financial commitment for a home to be passed on down to your grand-kids, but rather taking that commitment for a long lease.
All the developers of D5 Creation have come from the disadvantaged part or group of the society. All have established themselves after a long and hard struggle in their life ----- D5 Creation Team