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LATEST POST

The Ins and Outs of Stirling Residences by Logan & Nanshan Group

stirling residences home

According to reliable sources, there will be a prestigious condo project launch by Logan Property and Nanshan Group in Queenstown. By the end of 2018, you will have access to this striking residential project. Unlike many other residential development projects, Stirling Residences remains in a different league. For instance, this piece of land secured the highest bid price for any residential project in the region and it is the highest in Queenstown, District 03 since the government land sales program began.

The winning bid was worth 1 billion dollar from the developer’s point of view as property investors will have the exotic sea view from their luxury apartments. The apartment features a north-south orientation, with the highest floor facing south. Investors or homestayers who pick the south facing apartments will definitely get a glimpse of the ocean every single day.

About Queenstown

Before you invest in Stirling Residences, you must understand the history of Queenstown. The estate was officially developed in the 1950s. It was part of the former Singapore Improvement Trust before handing over to the current Housing Development Board (HDB). What makes Queenstown special will be its unique housing opportunities, convenient transportation facilities and the numerous amenities. All residential projects in Queenstown were planned carefully with distinct qualities that will showcase their strength and heritage. This new condo will not be an exception. In and around this luxury residential project, you will see libraries, community clubs, schools, healthcare facilities and parks among others.

About this Stirling Road Condo

It is a remarkable residential project that will be absolutely self-sufficient in every possible way. The project is carefully planned to help residents in rediscovering their lifestyle. A stunning project with never-like-before architectural changes and designs. Every moment at home will be an amusing one. If you are planning to occupy this residence with your loved ones, you are making the wise move. Stirling Residences blends with Queenstown and its heritage seamlessly. This is one of the finest central location for young couples, mature families and savvy investors.

Attractions Near Stirling Residences

What makes the upcoming development in a different league would be its nearby attractions. Whether you prefer the World Class transportation infrastructures or the many reputable educational institutions in the vicinity, Stirling Residences has them all and within an easy reach for you!

With respect to transportation, you have Central Expressway (CTE), Queenstown MRT, Ayer Rajah Expressway (AYE) and Marina Coastal Expressway (MCE). On the other hand, you have four major educational institutions for your little ones. This includes the National University of Singapore (NUS), Singapore Polytechnic, Crescent Girl’s School and Gan Eng Seng Primary & Secondary School.

Moving on, you have so many other amenities to rejoice over. If you’ll take a good look around the residence, you will come across the Queenstown Shopping Centre, Star Vista @ Buona Vista, Holland Village, Ikea Alexandra as well as the ever-popular VivoCity. Of course, the list doesn’t stop here! You have plenty of other options to explore too.

Why these over others?

If you’re wondering whether Stirling Residences will be a wise choice, let this paragraph help you. This is the largest development in the entire neighborhood. One of the lower entry price to begin with and they are one of the nearest to the Alexandra Commercial cluster. Short walking distance to Queenstown MRT and the proximity to the City Centre for residents working in the Central Business Districts. A highly-sought after locale by both expats and locals. Let this be your first and the last home you’ll ever need.

The Believed Disconnect in the New Condo Development Market at 8 Saint Thomas Walk

With Singapore’s new condo development property market showing all the right signals for a great restoration of investment properties, seemingly to the market where there is something else that might not be fully there, yet which is added to the restoration. With the hike in real estate property prices for newly developed condo residential units, which have risen quarterly, there are many question left unanswered. Is there something missing in the new condo development property market? Is everything fully in place with the restoration? Whatever the case is, there must be a more comprehensive way to look at why a lot of people still believe there’s something missing in the real estate market.

Since the private residential prices are up after a continuous decline in the prior 4 years, this is due to the rise in land prices for development. How are both rising simultaneously? Since the government ease the buyer and seller stamp duty, this is a key factor in the rise of both new condo development for buyer and seller prices, ultimately to see more growth in investment property. This has affected the bids to redevelop on older condo development sites making it better for developer like the new development at 8 Saint Thomas building at 8 Saint Thomas Walk. This type of development known as en bloc has seem to have boost to a level where people feel as if it’s a great real estate market deja vu of 10 years ago.

Why it’s a believable disconnect along 8 Saint Thomas Walk?

Although it’s uncertain, many people feel that there may be a certain disconnect in the new condo development real estate around Singapore. While analyst continue to analyse the market, they feel that there may be a disconnect within the new stock of condo units around Singapore. This is because the housing prices are continuing to rise within the city-state but not the general income. Since there really hasn’t been a significant increase in discount from the developers, it feels like the current discount of new condo developments don’t really ease much in terms of exponentially gaining on investments with these new condo projects, because people may struggle to purchase them.

How can this disconnect be repaired for 8 Saint Thomas?

Simple! Increase the wages of Singapore residents to keep up with the demand of ever-rising private housing market. Most of the resident numbers in Singapore showed resident’s wages to be around $31,000 in 2017. Is this enough for them to sustain with the rise in new condo development properties? Who are these properties being built for in Singapore if resident’s wages are not meeting the criteria? When you look at the numbers and do the math it doesn’t add up.

With the median home prices being around $300,000 and residents getting a median salary of $31,000 divide the median income by the price of newly developed condo units and you’ll find that the numbers just aren’t there in the disconnect for rising condo prices as at around 1.8 sq meters per month that is 1/8 lower than prior years in the new condo market. That being said, it is going to have some major changes in repairing the buyers disconnect. First place to begin with, may be the raise of income levels before potential buyers and home seekers will really flock into 8 Saint Thomas Walk for a visit to the actual show unit.

Top 3 Questions to Ask Before Investing in Park Colonial

Singapore – If you think it’s the right time to invest in a condo asset now, due to the positive sentiments after a bottoming out property market in Singapore, there are many questions to ask that will solidify your thoughts on why it’s the perfect timing to buy a private asset now. Large projects such as PARK COLONIAL at Woodleigh MRT Station will be one such great options for many potential home buyers and they offer residents so many amenities as compared to other condo properties.

With that being said, you should know the type of questions to ask before you make the ultimate leap towards investing in your own private condo. Below are some of the more critical questions to ask before you commit in a residential property purchase.

Will there be a rental capped?

What is rental capped? In certain developments, there will be a limitation on the number of people allowed to rent in the entire development. There are such condo projects that have this “rental caps” which restricts a limited number of homes to be rented out versus the owner-occupied units. If you are looking to rent a condo before you purchase it for the experience, checking out with the condo committee members or URA will give you a better understanding of whether or not you can rent the condo versus purchasing it. Many people chose to rent and be a tenant first before becoming a potential home buyer at a later stage.

What are the bank loan requirements?

So, you’re planning on financing a private condo, but you should know that the restrictions of buying it are a bit more constricted than buying a detached home. Although condos are probably the more affordable option versus a landed property, it is still a comparable residential property and lenders generally look at 20% down payment to begin with.

Quite often, lenders will also require the home owner to live in the unit for up to a year before they are allowed to rent it out to tenants. If a lender doesn’t require that owner live in the condo unit, it is possible that you’ll have to pay a larger down payment upfront. Lenders will not finance a condo that’s in litigation process as well. However, you should contact your preferred bank lender to get a better understanding of their terms and conditions first.

Were there any recent exceptional assessments?

Many times, the URA or committee board will have scheduled inspections and/or reserve studies done on the entire building structures. These periodic site inspections are to basically determine the state of the entire development. It also provides the essential information with regards to any future repairs that are recommended during the inspection. For you to know how to budget for special assessments, just simply ask your agent for reserve studies so it will help you to figure out what are the necessary assessments are upcoming for you to budget correctly for.

Before investing in a residential property, there are questions that you will need answered. While many people have lots of questions before making the final decision to invest in a condo property, understanding the way a condo MCST is being operated will be essential for making the right choice to invest too.

Park Colonial Investment

Now that you have acquired the knowledge and necessary information pertaining to home investment, it is high time for you to look at Park Colonial by Chip Eng Seng. It will be one of the biggest new launch in 2018, one of the must-buy property within a growing new town by the name of Bidadari. There will be more than 800 units comprising different bed options on offer to the general public during the launch and we’re confident that it will generate a high interest from both home seekers as well as investors alike in this first mover situation.

It will be the new residential landmark within the bidadari area due to the strategic location it is sitting on, which is adjacent to the transport network Woodleigh MRT. If you’re really keen to place your stake in this new condo development by CEL and Unique Real Estate, please contact the relevant agents for the necessary arrangement now before it is too late!

The Artra Condo by Tang Group of Companies

The Artra at Redhill MRT

There is enough justifiable reason and motivation behind why more and more property purchasers are currently picking apartment suites over HDB pads. By remaining in a private condo, it offers top of the line conveniences. For example, Olympic size swimming pools, recreational centres, tennis court, indoor fitness and grill pits. This is certainly a genuine taste of top of the line living experience.

Moreover, private condos are increasingly going into innovative systems these days with capacities, such as having auto-bolt entryways and windows being the standard practice instead of just choices and options. The proposed Artra condo by the developer which is currently up for sale guarantees to offer all such urban accommodations and more. The entire development is situated alongside Redhill MRT for your convenience.

The Artra Condo is a guaranteed mixed used site comprising residential and commercial that is up for offering under government’s territory deal exchange. As many as ten builders have just entered their offers recently. With the supreme aggregate land size of about 443,000, investigators have anticipated it can accommodate up to four hundred apartment units. In light of the number and size of offers, it is clear that engineers are eager about the state of the property showcase at present.

Builders have demonstrated trust in the condition of the market, with the normal offer working out at marginally finished $370 million. What’s more, with an edge of only five percent isolating the main 5 bidders, it is a strong sign that builders are moving all the more forcefully and giving whatever it takes in securing all available sites.

The Artra Condo – Tang Group of Companies

Be that as it may, a few examiners saw the little edge as an indication of alertness from the builders, particularly since taking up rate of units in neighbouring condos such as Alex residences, The crest and Principal gardens has been moderate. The Artra is required to highlight every one of the fancy odds and ends of the cutting-edge Singapore condos, including a swimming pool, green smack court, and indoor exercise center for all residents. Additionally, there is more than 21,000 sqft of business space for shopping and offices for everybody to appreciate.

The Artra Condo is found adjacent to only one Redhill MRT, giving it a deliberately one of a kind area. There are now a lot of comforts in the created Redhill home, which implies that occupants will have a lot of choices for some retail therapy, eating houses and other business administrations.

Occupiers of this iconic landmark will likewise have the capacity to get to all the new malls and deal stores with only a couple of minutes’ drive down via Alexandra road. Close-by educational institutions incorporate Crescent Girls School and several others, certainly a standout amongst the most profoundly positioned in Singapore for your young children.

The Artra Latest Condo at Redhill

The Artra Condo will have one to four-bedroom layouts. Occupiers who managed to buy and stay in a home over the sixth floor will have a panoramic view. The square site here is weaved between two streets, by the name of Alexandra and Tiong Bahru road. If you’re anticipating a hard cover brochure or via pdf, please contact us and let us know immediately.

Margaret Ville Showroom

Margaret Ville Showroom

The attractive plot of upcoming land parcel named Margaret Ville is at Margaret Drive, along the busy Commonwealth Ave. It is only a stone’s throw away from both Queenstown and Commonwealth MRT Station.

The floor plan as well as site plan of Margaret ville will be issued to the public for reference as soon as it is cleared by the authorities. The proud owner of this awesome project belongs to MCL Land Limited, they will be introducing not more than 300 apartment units within this luxury condo.

Types of unit configuration will range from a wide option between 1 bedroom to 4 bedroom including penthouses for the more affluent group of purchasers. This plot of site is under the purview of Queenstown Planning Area according to Urban Redevelopment Authority (URA) and it is also home to several famous landmarks such as One North, Queens, Ascentia Sky, Commonwealth Towers and Queens Peak.

It doesn’t really matter if you are driving any personal or shared vehicle because major transport network is in close-proximity, including lots of bus services plying the route into the city centre and island-wide. As a resident of Margaret Ville, you are also connected to other nearby amenities conveniently as IKEA Alexandra, Alexandra Central, Queensway Shopping Centre and Anchor point is very near.

Apart from the above amenities and facilities within Queenstown, there are many neighbourhood shops, educational services such as library, sports hall, community centres as well as huge parks. All of this will be a critical buying signal if it could be a self-sufficient and certainly a liveable town for the residents. Please hang on while we are getting clearance from the respective government bodies before we could release the official price guide to public prior to the sneak preview of this beautiful development at Margaret drive.

Due to the easy access of major transport network, Queenstown is also a home to many local and International businesses across industries located at the nearby business park and commercial estates precinct. We’re sure many of you will be as excited as we are, pertaining to the launch of this new condo. We will probably be expecting the indicative price point to be released during the Chines New Year period and the opening of Margaret Ville Showroom will be thereafter closely.

Within the new showroom, and besides the usual actual mock up unit you will be presented with on a more traditional basis, developer will be borrowing the power of latest technology and is projected to incorporate a virtual reality (VR) experience for the would-be purchasers. It will certainly be a media headline news from that day onwards and could probably be the leader of such intelligent system usage in the market moving forward.

A brief summary of this new condo development, MCL Land had acquired this plot of 99 years leasehold land parcel from the fierce bidding tender exercise. It has a site area of almost 5,000 square foot for the new Margaret Ville. It has a quick access to 2 major stations from the residence, great amenities as well as good schools should you have young school-going children.

If you would like to find out more, please kindly enrol yourself to be one of the earliest group to receive the latest update on price!

New Opus Condo at Amber Road by CDL

opus

New Opus Condo at Amber Road by CDL

What will be the immediate concerns for your family when you’re out hunting a suitable property where you can call it a home sweet home?

While security remains the utmost important on the list, the surrounding of the property site is critical as well. Since you are here from the google search bar, you probably have been looking at the Opus Condo by City Developments Limited as well. They have won the site occupied by the former Amber Park with Hong Realty as a joint venture on an 80:20 ownership recently, and at a record price of $906.7 million. Resulting in a sudden windfall effect among the elated residents.

Located within Tanjong Katong neighbourhood, a Marine Parade planning area, CDL is certainly not a stranger to this place. Especially to the surroundings of The Opus condo because they are the original builder of former Amber Park and as luck would have it in 30 odd years later, they eventually took the exact plot of development back and were extremely excited to be able to redevelop it into another iconic landmark for many years more to come.

Although it has been 3 decades, but real estate development will not be an issue for both City Developments and Hong Realty (property arm of Hong Leong Group) as they are the Top developers in Singapore marketplace. Best known for their quality homes and at an affordable price tag for the buyers, if you’re looking to purchase something from them, you can be rest assured of your asset’s value moving forward.

It is a freehold condo at a prime location, certainly worth your time in considering and if you’re not convinced as of now, you have to come and experience the environment yourself.

Opus Condo – Formerly Amber Park via Collective Sale

One of the most coveted district 15 private enclave, sitting prominently along amber road. It is with tremendous fortune that the Land Transport Authority (LTA) and Urban Redevelopment Authority of Singapore (URA) have decided to introduce a new train line running along the whole stretch of east coast. This upcoming Thomson East Coast Line (TEL) is conveniently situated less than 200 meters from Opus Condo, benefitting all the non-driving residents in the area significantly.

If you’re unsure of the distance, it will only require a quick five to six stations away in reaching the Marina Bay Financial Centre and Central Business District from Tanjong Katong MRT train station.

Only a few minutes stroll away from your residence, should you decide this would be your future home sweet home with your family.

Apart from being close to the public transport network, it is also within close-proximity of several major shopping malls in your neighbourhood such as Parkway Parade and I12 Shopping Mall. They will be able to provide all your daily and weekly needs in terms of food, groceries, banking, retail, electronics and others.

On top of that, you will be equally excited to have a beach as your neighbour, allowing yourself to escape from the hustle and bustle in the city every day. Taking a stroll with your loved ones along the beach or to have a cycling session moment together, you can have all this within grasp as a proud home owner of the upcoming new Opus condo.

Prime Residential Development Up for Sale In Orchard Road

Prime Residential Development Up for Sale In Orchard Road

Singapore – Not too long ago, one super big group of foreign heavy weight real estate investment holding companies, positioned 3 very old and run-down residential properties around Orchard road up for a bargain by the most universal tender exercise. The three of them are No. 120 Grange Street, No. 3 Cuscaden Mansion and No. 8 Hullet Street. Customers or VVIPs who were keen to participate in this tender exercise can opt for the purchase of all three development in bulk or to choose any one of them separately.

The above-mentioned development situated at No. 120 Grange comprises of only 1 tower block at 11-storey high and eighteen small apartments. Along with a total strata region of 26,350 square foot and a site area of 15,780 square foot. Beneath the year 2014 Master Strategy Plan, it is certainly zoned for dwelling purposes, with a maximum site proportion of 2.1 and an altitude restriction of as far as 24 storeys. The subject site is only approximately 400 meters apart from the new Orchard Boulevard train station running on the upcoming Thomson East Coastline range.

On the other hand, 3 Cuscaden Mansion which is completed in 1994 includes a 12-level block and 11 units of 4-bedroom type only. Albeit huge with around 3,600 square foot in size each. Beneath the year 2014 Master Strategy Plan, this plot of land has a strata region of 21,560 square foot which is certainly zoned for dwelling purposes and with a maximum site proportion of 2.8. It has an altitude restriction of as far as 36-storeys.

The subject site is situated less than 300 meters from Orchard train station as well as ION Orchard shopping mall. According to market watchers, they will draw in offers of more than $100 million, demonstrating the attractiveness of this site. It was eventually sold to Sustained Land at a purchase price of $103.8 million, translating into $1,826psf per plot ratio in this prime district 10 precinct, said Mr Bong of JLB International.

The latest into the market and also the tiniest among these 3 developments is at 8 Hullet Street. Completed in the early millennium, it is only a 10-level block containing eighteen units and with a total strata region of 18,428 square foot. Housing only nine small 2 and 3-bedroom layouts each respectively but the subject site is within 350 meters from Somerset train station.

Jack Teo, senior director in CB International, believe the offers pouring in for both Hullet and Grange to be in the scope of between $35 to $50 million, working out to be $1,900 per square foot based on their current strata dimensions. Probably a higher selling price than 3 Cuscaden when they are ready to be put on sale.

If you are keen to ride on the positive market sentiment and invest your money into our prime districts, this is the perfect opportunity for you now. All 3 developments mentioned above are of freehold status, a rare species on offer and we reckon the project 3 Cuscaden to have an edge over the others.

Why is Singapore Airlines the Best in the World?

Singapore Airlines flight

Sometimes flying can become a degrading experience for you as airline carriers are facing bad reviews these days. But some airlines still try to harken back to the golden day’s aviation that was used to enjoy with outstanding service, state-of-the-art lavish cabins, and even meals that would certainly excite you. Singapore Airlines has been one such airline constantly providing awesome services to the passengers.

Singapore Airlines flight

Take a look at the things you can expect on a Singapore Airlines flight:

  • Singapore Airlines is best known for the amazingly beautiful suites designed by world-famous French luxury yacht designer Jean-Jacques Coste. But you can only find these suits on A380s.
  • The private suites (with sliding doors and blinds) have comfy seats along with separate beds if one wants to stretch out.
  • Full (shared) bathrooms with amazing design.
  • You can even find Ferragamo toiletries, Givenchy pillows, blankets, and even pajamas.
  • There is also an option to combine two suits to make a large bed and double room.
  • First Class features giant beds to stretch out.
  • Delicious meals such as Lobster Thermidor will make you say just waw!
  • Business Class is also nice. Fully-flat, large beds with linen and pillows, make every passenger crazy.
  • If you are lucky enough, someone will tuck you in at night. Yes, a homely comfort for sure!
  • The 18-inch HD TVs have thousands of movies, TV series, music and even games. Noise-cancelling headphones would give you the best experience. Some flights even offer internet and text messaging services.
  • Economy class is also decent, and the 19.5 inch-wide seats have comfortable calf and footrests.
  • Is your electronic device running out of charge? At the very back of the plane, there are two USB ports and a power supply happy to serve you.
  • Yes, the TVs may be a bit smaller (13.3-inch HD touchscreen monitor) but will give the passengers the same amount of entertainment like in First Class.
  • You won’t find lobsters, but the Asian-inspired delicious dishes in Economy class are more than enough to satisfy you.

At the Top For 22 Years:

For the last 22 years, this aviation company has literally stolen the show winning ‘the best international airline in world’ awards. The airline was ranked top as per the categories like cabin comfort, food, service, customer service and last but not the least value. Singapore arguably has the best airport in the world too. This carrier is the only company to sit tight at the No. 1 spot in every ‘World’s Best’ category from the very beginning of this particular competition. And it’s quite easy to see why it’s the best.

When speaking about service, Singapore Airlines is no doubt unmatched, curtsey this airline’s efficient flight attendants best known as Singapore Girls & Guys. They’re relaxed even under extreme pressure.

There is more to it. Yes, so much to expect in the future. The recent updates Singapore Airline has installed will offer the business class passengers both a cradling and a lounging option. It’s also one of the first to fly the world’s biggest passenger carriers, which have onboard showers and even a lounge.

Five Best Real Estate Apps

Real Estate Apps

Hunting for a property can be very hectic. Searching for the “On Sale” signboard in your neighborhood and looking out for realtors and other people who know about the real estate markets is one of the most stressful things to do.  As the competition in the real estate market increases every day, the housing information is reaching the consumers in a much faster way. With the advent of technology, we can get information from the ends of the earth with just a click of a button. There are so many real estate apps which make the purchase of property more efficient and convenient. The buyers can get the information on the listings, location, price, photos, videos and other details of the property all from their phones.

Real Estate Apps

The following are some of the apps which will make your property hunt much easier and efficient:

  • Realtor.com.
  • Zillow.
  • Redfin.
  • Trulia.
  • Dwellr.

Realtor.com:

Realtor.com is user-friendly and provides you with the latest information about the property you are looking. The app lets you switch between the desktop and your smartphone very easily. Realtor.com is available in more than 80 markets in the United States of America. There is a constant update in the property listings, and the buyers are provided with a variety of filters to narrow down their search.

Zillow:

Zillow claims to be one of the leading property marketplaces on the internet, and it is one of the most downloaded apps on both Android and iOS phones. The app also allows the users to search for homes which are out for rent. They have separate apps for rentals, apartments and property buying. The app provides you the estimates for the houses all across the United States, and you can also search with specific criteria.

Redfin:

With Redfin, you can search for the nearby homes, condos, schools, open houses, and townhouses. You can also see photos, top-down maps, details of the property. The users are also allowed to share the information on the app to other people via text messages, emails, etc. Redfin is available in almost 83 U.S markets, and they provide the latest information on the real estate markets. The users can also compare different properties in the app.

Trulia:

Trulia is another popular real estate apps that make your property hunt much easier and efficient. You can search for millions of listings, homes, and apartments that are on sale. They provide you many apps like Trulia rentals, agent app, Mortgage, etc.  The Trulia Mortgage app makes your mortgage calculations easier. You can also access Trulia on a desktop which makes it easy for everyone.

Dwellr:

Dwellr is run by the U.S Censor Bureau, and the app gives you information about the city or the neighborhood you are looking.  Details like the population of that area and demographics are also given. If you want to know about a location on a wider range, then Dwellr is the app you need to download.

We work closely with you and carry out research to understand your needs and wishes.