Ecopolitan EC is a 99-years leasehold Punggol Walk EC development located at Punggol Walk in District 19. With expected completion in mid 2016, it comprises of 8 towers with 512 units and stands 16 storeys tall. It is situated right beside Punggol MRT Station. Future residents will be able to access the nearby Compass Point and Rivervale Mall which is a short drive away for some family fun and gatherings. A truly unique lifestyle awaits you.
The school motto is actually Look Up, Lift Up, whilst the school colours are a combination of blue, gold and red for Maris Stella. The present pupils are keen to maintain the extra strong academic performance that the school has been associated with over the decades for Forestwood Residences Condo. It also has a glowing reputation for pupils that excel in the performing arts such as dance, English drama, as well as Chinese drama.
Jurong East Mall is a Singapore shopping complex. The Jurong East Mall is situated in the Jurong Gateway Road area of Singapore, and it happens to be the third largest mall on the entire island. The mall is adjacent to the Jurong East MRT station making it readily accessible for commuters from all parts of the island to get to Parc Riviera EL Development. There are bus routes right outside the mall as well as West Coast Vale, plus nearby car parking facilities.
Sengkang General and Community hospital will be one of the most modernized, affordable health care hubs once its final construction is complete. It will be located in the prime location of Singapore, providing easy access to a substantial population. It is a subsidiary of Singhealth, and all patients of the hospital will be able to reach other clinics and doctors throughout the region of northeast Singapore. It is near to Treasure Crest EC.
Treasure Crest EC near Sengkang Hospital
The Sengkang General and Community Hospital will boast an impressive number of fourteen hundred beds, four hundred for the community hospital and one thousand for the general hospital. They have excelled in expanding the community, providing the insurance of future jobs as well as pushing a tobacco free environment in the city in which it is located.
Treasure Crest Sim Lian
They partners of the hospital encourage children to eat well, to stray from bad habits (such as smoking or chewing tobacco), and pass the message of good health on to their neighbors. Their Treasure Crest Sim Lian EC initiative has also given families the encouragement to exercise and eat well as a unit, as opposed to just the children of the family.
Treasure Crest EC Sengkang
With the hospital construction and staff team aiming to be complete some time in the year 2018, the community and families impacted by the hospital eagerly await for the doors to open. If you are interested in following the hospital’s progress, you can visit the Sengkang General and Community Hospital Facebook page, as well as take a look at all the services they will offer once they are open. You can also look around to see the progressive steps the crew has taken to improve their community. Now that is the correct way to grow and impact a community.
As the property market picks up for the Singapore real estate marketing, it seems that some policy measures are needed to arrive at a soft landing to prevent unwanted sudden drop in prices for the real estate market
The administration is going for a “delicate arriving” for the lodging market, said National Development Minister Khaw Boon Wan amid the Committee of Supply verbal confrontation in parliament on Tuesday, uncovered media reports.
Notwithstanding, some MPs advised that endeavors to control home costs ought not be exaggerated.
To this, Mr Khaw answered: “We need a delicate arriving for our lodging market in light of the fact that a business sector crash advantages nobody.
It is indeed that for the past few years, there is a pick up in prices in real estate in Singapore and many buyers are concerned if their property investments can keep up with the recent market changes and therefore are worried and are happy to see introduction of policy measures to achieve a soft landing in The Gems.
“Ms Foo Mee Har said that we ought not go into overdrive, and unwittingly undermine the retirement arrangement of our seniors who look to their lodging resources for monetisation. I concur, that is the reason we have significantly lessened the supply of new pads.
“Ms Foo and Er Lee Bee Wah recommended that we conform the Additional Buyer’s Stamp Duty, particularly for Singaporean purchasers, when we are prepared to loosen up the cooling measures. I have additionally heard Dr Lily Neo’s extremely keen expressions of alert.
“For sure, we ought not pointless excess. The property business sector is on the move and it is a period that calls for cautiousness and agility. We will be watchful.”
With new pads generously sponsored, the Minister shared that those buying pads specifically from the lodging board advantage much more. Contrasted with the climb in middle family unit salary, he noticed that with stipends, costs of Build-to-Order (BTO) pads inside non-full grown bequests expanded by six percent.
In 2014, Singaporeans booked around 20,000 BTO pads. 89 percent of five-room pads were sold under $450,000, 81 percent of four-room pads were sold underneath $350,000, while 90 percent of three-room pads were sold under $250,000.
In light of a study, the figures were all inside of the sum that respondents said they were willing to pay for a level, said Mr Khaw.
“I might want BTO costs to be inside of four years of a candidate’s yearly compensation. In any case, this accept BTO candidates will be reasonable in their decision of lodging,” he shared.
One analyst pointed out that, looking further ahead long term, owners of HDB flats owned in the Bidadari area will also want to look into upgrading in the vicinity, a move that will further support Potong Pasir’s private home resale demand in the future. Investors will see that the rent ability level of these homes will be higher than what you would find in areas in the north-east.
It was noted by another consultant that, the government had given an estimate, during this parcel of land’s launch during the 1st half of 2014, of 685 residential units being built on the site. This would have meant that each unit would have an average Gross Floor Area of 809.6 square feet. However, Tampines Junior College 731 units have been created by the developer from the Gross Floor Area allowable, equating to an average square foot Gross Floor Area of 758.7 square feet for each unit.
Tampines Junior College Condo Flora Drive
It was surmised by the consultant that the projects prospects for leasing was a positive one due to the retail amenities near Dunman Secondary School, the new housing estate in Bidadari and Hong Leong Pasir Ris Condo, and the close distance to the Potong Pasir MRT station. However, he pointed out that competition could be seen in the area with 59% of the units being developed being under 90 square metres of area and falling within 300 meters of Potong Pasir’s MRT station at Singapore Expo.
Whilst the orchard malls tended to have specialist stores and more luxury retailers the suburban malls tended to have more stores that sold every day staples instead of the more expensive luxury items. Most of the customers for the suburban malls are people that live within a two or three mile radius of any of the shopping centres and will get the bus to and from the mall to make shopping trips easy to carry out.
Changi Jewel Hong Leong Pasir Ris Condo
Bearing these factors in mind then it is perhaps not surprising that the the rental gap between the suburban malls and the orchard malls has reduced notably over the last few years in Changi Jewel. The economic situation in Singapore has meant that customers have tendered to concentrate on buying the every day basic foods and other essentials as opposed to going to an expensive retailer to buy premium items at Changi Airport for Tampines 1.
Dunman Secondary School Flora Drive Condo
Suburban malls with their limited catchment areas are less likely to be as hard hit in terms of falling income and stores during recessions because they tend to sell less expensive items, which people still need to buy whether there is a recession or a boom ongoing. People with limited budgets are generally going to stick to buying the goods for every day existence as opposed to spending their money on luxury items that they want to have yet do not need.
An EOI (Expression of Interest) ended last month early with the sale of 50% of Capitol Land Commercial Trust’s One George St. according to sources. This means the office tower will no longer be owned by one corporation for Toa Payoh Condo.
This 20 three-story tower will now be owned jointly between CCT and an unnamed investor to share in the balance of the 86-year lease on the building and property.
Real Estate Marketing experts agree this was a wise move on CCT’s part. They now have additional capital to help them in future acquisitions such as a potential buyout of 60% of CapitiGreen that it does not already own, which gives them a Grade A office tower on the former market Street Car Park complex at Evia Real Estate, which was completed just over a year ago.
Interest in Evia Real Estate Condo
This is a sound strategy that led CCT to keep half the stake in One George Street with control of the asset or until they can sell the other half to another buyer if the offer for Evia Real Estate Condo is right, according to some analysts.
If you recall CCT purchased 1 George Street in 2008 from CapitalLand for S$1.165 billion, with a guarantee of yield protection for 5 years for Gamuda Toa Payoh Condo, this agreement has since expired.
The building now is only worth $1 billion as of June 30, 2015, which equates to about $2235 per square foot, based on the available 447,395 feet of leasable floor space.
The bidders during the EOI were expected to pay between S$2400 PSF and S$2600 PSF. This would be slightly below 4%, based on the rents being charged at the time if we take the lower figure of S$2400.
Gamuda Toa Payoh Lorong 4 Condo
The primary tenant for Toa Payoh Lorong 6 Condo, the Royal Bank of Scotland departed from the building a few months ago and 1 George streets occupancy was said to be approximately 98% of capacity in the 3rd quarter 2015, according to analyst reports. CCT’s report on the property showed occupancy was at 99.4%. The Royal Bank will continue to pay rent to CCT until its lease expires at the end of March 2016.
The bank originally occupied 60,000 ft.² of prime space and already leasing agents are negotiating with prospective tenants take over the vacated premises in Evia Real Estate Condo.
Already, it is said that CCT had received unsolicited bids prior to a deciding to issue an EOI. CCT before hand that the potential bidders before they were allowed to participate.
Evia Real Estate Condo at Toa Payoh Central
Bloomberg reported on this sale earlier and CCT said that the sale of the building, according to CCTML’s future plans has adopted an active portfolio strategy that lets it created an overall cost management plan for their properties and this is done from time to time as a normal course of business.
This type of planning allows for acquisition, development, as well as selling off assets and enhancement of others. There is, of course, no certainty or assurance that any such plan is currently in the works as of this time, said CCT officials.
Last year the value of all the shophouse deals in Singapore reached the figure of S$655.6 million, an 8% rise from the S$606.2 million value of deals done in the year before for Clementi Ave 1 Condo. Whilst transactions increased in their total value, the number of deals that were made actually decreased in 2015. In total 103 caveats were recorded last year. That was down from the 2014 total of 112 completed deals. This suggests that the shophouses near Singapore Land Singland Homes that did change hands last year at greater amounts than they did in 2015.
Clementi Condo near NUS
A few Singapore based market watchers have told The Business Times that there have been rising levels of interest for this kind of property asset from from ultra high value investors as well as family funds. Some of these investors in Clementi Avenue One Condo are content to accept lower entry financial yields of around 2 to 3% (gross) with the hope of notable appreciation in the medium term through to the long term.
One of these Singland Homes Clementi Ave 1 Condo experts expects both the value and also the volume of shophouse transactions to remain at a constant level this year. Levels pretty similar indeed to the levels experienced in 2014 and 2015. Value and volume levels will remain similar mainly due to the majority of investors being in it for the longer term haul. Further more all the buyers will expect higher entry yields as they stay cautious in what they are willing to buy due to impending increases in interest rate levels in Clementi Site UOL Condo, which are lurking in the background.
Shophouses near Clementi Ave 1 Condo
However the pool of genuine, therefore also serious investors intent on exploring this type of property asset is set to broaden. That is with an anticipated entry of more institutional funds exploring shophouses, many for the first time. Those investment funds that like what they see are then more likely to add shophouses to their over all property portfolio. At the moment these properties are tempting purchases for buyers that would not have previously considered them at all.
Real estate analysts in Singapore note that despite a recent and rather slight pick up in interest concerning the shophouse market that both the vale as well as the volume of shophouse deals have declined sharply. That sharp decline in Clementi Ave 1 Condo is mostly due to the introduction of the total debt servicing ratio (TDSR) framework at the end of June 2013. Although this measure is designed to prevent people into too much debt it has had a negative impact on the sale of properties.
The data undoubtedly demonstrates the negative impact of TDSR. In the period between Q1 2012 and Q2 2013 the average number of caveats logged ranged from 61 through to 84 % per quarter. With TDSR in place that has fallen to between 22 and 33 transaction each quarter since Q3 of 2013.
Clementi Condo near NUS
Besides the volume of deals declining sharply, the value also fell drastically. Instead of ranging from S$287 to 464 million per a quarter prior to TDSR. However it fell to an average of between S$124 to 204 million a quarter since the introduction of TDSR.
Some of the shophouse deals of Q4 2015 include three sited in a row, namely the freehold shophouses at number 42, 43, 44 Joo Chiat Road. The combined price for all three properties was S$23 million. That price works out at S$1,552 per square foot on the total built on area.
These shophouses are located opposite the Joo Chiat Complex. Each of the shophouses is two stories high and has an attic at the front, and four stories plus an attic to the rear of the building. It is a relatively good location for retail properties to be located within. location without a doubt made it easier to sell these Singapore Land Singland Homes shophouses.
KOWLOON Development Co.’s Upper East project in Hong Kong’s Hung Hom area is offering a host of rebates and nonmarket discounts that can lower the Qingjian Realty EC charge to a purchaser by as much as 14%, and it will even add in a second mortgage.
The bait is paying off. Since its launch on Sept 5th, they have sold 940 out of 1,008 units. A particular buyer even snatched up apartments on the 6th and 8th floors, according to data from the company’s website.
Rebates for Brickland Choa Chu Kang EC
Kowloon Development is not unique in this. Cheung Kong Property Holdings Ltd. and Henderson Land Development Co. are only a couple of the Hong Kong developers giving enticements that include stamp-tax rebates, and 1st and 2nd mortgages to increase transactions.
This tactic allows them to avoid the price cuts that may cause a sharp reversal of gains that named the city the least affordable major housing market in the world.
“After 12 years of a bull market, Hong Kong property is at an inflection point,” said Spencer Leung, a Hong Kong strategist at UBS Group AG. “Property developers are trying hard not to paint a picture that things are going down.”
Qingjian Brickland Road EC
The strategy is not foolproof. Bocom International Holdings Co projects that house prices will drop as much as 20% in the next three to six months, while property adviser Colliers International Group Inc. projects a 15% decline next year.
The 10 largest private housing Choa Chu Kang Ave 5 EC estates saw volumes plunge to a nine year low this November, according to the Hong Kong Economic Journal on Dec. 1st while citing Centaline Property Agency Ltd.
Developers are working to increase expectations of a growth in housing supply for next year. They fear that the Qingjian Realty EC secondary market slowdown will also occur in new home sales.
Choa Chu Kang Avenue 5 EC by Qingjian
Mainland buyers, who’ve been central in increasing demand, have also scaled back. Their amount of property transactions in Hong Kong dropped from 12% to 6% in the first six months of this year, falling from their Qingjian Choa Chu Kang EC peak in 2011, according to data from Jones Lang LaSalle Inc.
The most recent surge of real estate incentives in Hong Kong was in 2003, after a six year plunge in home prices, according to Nicole Wong, Hong Kong based head of property research at CLSA Ltd. This decline in property prices forced developers to sell Choa Chu Kang EC by Qingjian Realty homes at a loss.
On December 8th a statement was made by SRX Property regarding the increase in residential resale prices for non-landed private properties to 0.6%, in comparison the to previous month.
Price increases were recorded at 3% for the Core Central Region and 1.3% for the Rest of Central Region. However, home located outside of the Central region showed a 0.8% decrease in prices.
According to the price index by SRX for private residential non-landed homes, November saw a drop of 1.3% from this time last year, and which was down 7% from their January 2015 peak for Redhill MRT.
Alexandra View Condo
Now revisions were made to the price index for October of 2015.
Last month saw an estimated 488 non-landed private homes being resold, a figure that is down 2.8% from the previous month. November 2015’s resale volume, year on year, was 31.2% more in comparison to November of 2014, where 372 units had been resold. However, the figure was 76.2% lower than the peek that was seen in April of 2010 where 2,050 units had been resold for Tang Group Condo.
Resale Prices Tang Skyline Redhill Condo
The overall average Transaction Over X-Value rose to zero last month. The TOX measures whether or not Tang Skyline Alexandra View Condo buyers are underpaying or overpaying based on the properties estimated market value.
The highest average TOX that was posted last month, for districts that had over 10 resale transaction, was District 16 (Bedok and Upper East Coast) at $35,000. What this means is that the bulk of buyers in this area bought units that were over the market value generated by computer.
Tang Group Resale Prices
Amongst the districts that were relatively active, it was District 9 (River Valley, Cairnhill and Orchard) that logged a negative TOX of $70,000. What this means is that the bulk of buyers for these areas made purchases of units that fell below the market value that was generated by computer.