Ecopolitan

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.

Ecopolitan EC has full and unique facilities, which includes a guard house, clubhouse, Function Room & Indoor Gym Tennis Court, 50m Freeform Pool Pool Deck, Wading Pool, Splash Pool & Family Pool Jacuzzi & Hydro Spa, BBQ Area Dining and Play Fountain, Fitness Alcove & Children’s Playground and Garden Trail. 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 Punggol High Park Residences.

Ecopolitan EC

Several buses are available near Ecopolitan EC along with shopping centers and restaurants. Ecopolitan EC is also near Waterway Point, the shopping, dining and entertainment hub which is scheduled to open in 2 years time. Also, it is right beside Punggol Waterfront. Entertainment for your loved ones and friends are therefore at your fingertips with the full condo facilities as well as the amenities near Ecopolitan EC.

Ecopolitan EC will be accessible with Punggol MRT Station as well as Punggol Bus Interchange. It is also right beside Tampines Expressway(TPE). Ecopolitan EC is also near to Marina Country Club, SengkangRiversidePark and Sheng Siong hypermart in Punggol Central

Ecopolitan EC is also near elite schools such as Mee Toh School, Nan Chiau Primary School, Nan Chiau High School.

Ecopolitan EC

For vehicle owners, it takes less than 30 minutes to drive to the business hub and vibrant Orchard Road shopping district, via Tampines Expressway (TPE), Central Expressway (CTE) and Kallang-Paya Lebar Expressway (KPE)

A wonderful and unique lifestyle awaits you. Please see Ecopolitan EC project details and floor plans for more information.

 

Ecopolitan EC

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Flora Drive Tampines Junior College Dunman Secondary School

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.

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Toa Payoh Condo

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.

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Clementi Ave 1 Condo

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.

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Qingjian CCK EC

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.

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Alexandra View Condo

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.

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Serangoon MRT Station Condo

The number of new Housing Board Properties is predicted to increase in 2016, in order to meet rising demand resulting from current Serangoon MRT Station Condo policy developments.

The National Development Minister, Lawrence Wong, was given authority over the portfolio recently and has claimed to have made a request to the HDB for more properties.

Yet, he has also stated that the increase will stand at less than 20,000 new flats. The figure is more than the one for 2015, but CDL Serangoon Condo significantly lower than numbers seen in 2011 and 2012.

BTO Flats Serangoon City Developments Condo

Whilst on a trip to the Waterway Terraces venture, at Punggol, Wong said: “As a result of the new polices which have been implemented, Hong Leong Holdings Condo demand is predicted to increase. In response, I have made a request for HDB to try and build more BTO (build to order) properties in 2016. Hopefully, this will help meet rising demand for CDL Serangoon Condo.”

A number of regulation changes have broadened the scope of suitable buyers. For example, the upper limit on household wages for new flats has been increased by $2,000 (it now stands at $12,000). Plus, improved housing grants have been introduced and so has an innovative ‘two room’ flexi policy designed to provide older buyers with briefer leases.

However, the government has no Lorong Lew Lian Condo plans to alter the tapered nature of its policies.

According to Wong, “The government will stick with plans to taper the housing regulations and it will continue to move forward in the expected direction.”

Lorong Lew Lian Condo CDL

He has made it clear that the increase in Upper Serangoon Condo properties will be a brief measure and not a permanent fixture. Wong also said that the HDB plans to carefully observe the reaction to the BTO sales exercise scheduled for next month, before it decides how many additional BTO properties are needed.

From 2011 to 2013, the former National Development Minister, Khaw Boon Wan, increased the rate of construction in order to meet what he called ‘imminent demand.’ A total of 25,000 BTO properties were scheduled for each of the three years. After the situation Serangoon Condo stabilised, the rate of construction was brought down from just over 24,000 to 22,000.

Upper Serangoon Condo Nex Shopping Centre

This year, the HDB continued to lower the rate of construction, from 16,000 to 15,000.

The imminent boost to supply will be welcome by potential buyers like art executive Alan Choong (26), who is currently on the hunt for a property to share with his partner for Hong Leong Holdings Condo.

Choong said: “We like hearing news about there being more flats to choose from. It means that we have a greater opportunity to secure one and can pick from more options.”

A spokesperson for ERA Realty suggested that the increase in supply is likely to result in only a very small amount of change for the resale market, because lots of BTO properties are situated in young regions like Punggol.

He said: “For resale properties, buyers are still going to choose flats in older regions.”

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MCC Land Condo

In fact, property owners have previously lowered the rental prices to be able to contend for tenants, where the statistics have been constrained because of lower foreign workforce for meyappa chettiar road. Some of the upcoming launches of EC projects will include, Fraser Centrepoint’s Parc Life in Sembawang, and Sim Lian Land’s Wandervale located in Choa Chu Kang Drive, whose e-applications are expected to open in the months ahead. It has also been noted by experts that the new higher income ceiling for meyappa chettiar condo apartments may mean that buyers who would potentially go for EC units could now choose to go for an HDB unit, especially with the current economic climate.

Poiz Residences

Even though developers could expect to see a comparatively large part of their units being sold during the first week for mcc land potong pasir condo, there are some potential buyers of Poiz Residences MCC Land who will more than likely take longer to decide. For the longer term, Christine Li, Research Head at OrangeTee, is expecting a drop of near 10% by 2015. Property agents attribute the situation to insufficient demand as a result of lack of tenants. The mall will furthermore be the most significant in Northern part Singapore.

According to one real estate consultant, it is not likely that the market will see any developments being sold out fully during an immediate period of launching for Potong Pasir New Condo Meyappa Chettiar. Mr. Lee Liat Yeang, who is a partner at Rodyk and Davidson shared that one EC parcel of land in Yio Chu Kang is set to be launched in December for potong pasir new condo meyappa chettiar.

Potong Pasir New Condo

Rents for HDB homes are anticipated to stay depressed throughout the year, on the back of sluggish demand and rising supply of meyappa chettiar condo flats, said real estate consultants and announced in the media. Significantly, real estate data demonstrate that HDB rental index dropped 2.3 percent in 2014, striking a three-year low in August with the rent payments at $2,300. The huge mission will combine numerous facilities inside the entire development and also will feature a shopping mall, a sky garden and in addition an wide open style plaza for homeowners of mcc land potong pasir condo to make use of.

Property specialists identify that this could just the start of an extended slowdown in the real estate market. Buyer who have not gotten their preferred units will take their time now in choosing over a large spectrum of other Executive Condo potong pasir new condo meyappa chettiar. The launch is part of the Government Land Sales program and it is expected that strong bids will be made given the maturity of the location.

Potong Pasir Mix Development

Residents in Poiz Residences may look forward to the introduction of Northpoint, the most recent addition for the increasing number of integrated potong pasir mix development construction projects in the city state’s neighbourhoods. Eugene Lim, Key Executive Officer at ERA Realty is expecting rents to drop another 5 to 6 percent by the end of year, while R’ST Research director Ong Kah Seng sees a full-year decline of five to seven percent. Nicholas Mak, Research Head at SLP International anticipates a four to six percent drop.

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Gambas EC

Just after experiencing the lengthy periods of down-cycle in luxury house sales eported by Colliers International’s Director of Research along with Advisory Chia Siew Chuin, various home sellers are not in any critical need to get rid of their Woodlands Avenue 12 EC homes as many have formerly gained from earlier real estate property trades. While the city state falling construction activity is negatively influencing Singapore’s country’s economy, a adverse drop in home and property prices could certainly induce an even greater threat for Hao Yuan Gambas EC, based on marketing reports. A great number of real estate investors are looking to get condos in close proximity to the MRT Train station as transport alternate options are many as well as hence this has caused a great number of of the house asking prices near to public transport options which include the MRT to incease in prices.

Woodlands Ave 12 Hao Yuan EC

The National Development Minister Khaw Boon Wan said on September 23 that the September launch of Build-to-Order (BTO) would be combined with the last BTO of the year for Woodlands Ave 12 Hao Yuan EC. Eventually, it will be further weakening demand and increasing completions in the next year that will send prices down and spur the Government to take action. This means in November there will be 12,000 new flats released for occupancy. This will be the largest concurrent sale that the Housing and Development Board’s (HDB) ever under its PTO and Sale of Balance Flats (SBF) exercises.

The actual Woodlands Ave 12 Hao Yuan EC to choose from soon in the market. The city state’s economic climate expanded by simply 1.2 percent in 3rd Quarter 2014 on an annual basis based on numbers revealed a day ago, although many economists surveyed by Reuters have been thinking of a 1.8 percent rise for Gambas Hao Yuan EC. In a blog post, Mr. Khaw said, “the implementation of any new policies requires time, and the delay of the September launch will allow as many Singaporeans as possible to benefit from these initiatives.”

Woodlands Avenue 12 EC

Having less sales within the high end real estate property section might shortly end as lots of ultra-rich purchasers now are beginning to scour the current market for bulk acquisitions of underpriced high-end household units together with possibility of long-term price appreciation, said Colliers Intl as well as reported in the press. Price ranges of private real estate in Singapore consistently cool but on a decreased speed as confirmed by Urban Redevelopment Authority (URA)’s flash estimate for Q3 2014.

Some might additionally be still looking at profits if they made their very own investments in the preceding property cycle.“It can be seen that those who own private properties today have are sitting on profits due to the robust capital gain since then. Real estate professionals questioned identify that this may be just the start of an extended slowdown in the real estate market for Gambas EC.

Hao Yuan Gambas EC

Remarkably, housing details indicate that HDB rents decreased 2.3% in early 2014, reaching a three-year low in September considering the median rent payments at $2,300. The reasoning given for the delay is to allow the unveiling of 3 new housing initiatives that occurred during the national Day rally on August 23. This was according to a statement by Mister Khaw. Rental prices for public homes are anticipated to stay low for the remainder of the year, claimed real estate property consultants and recorded on television. The 3 programs, first, the new 2 room Flexi Scheme that offers buyers a range of 10-year periods. The 2nd with a higher income ceiling for buying subsidized flats, and finally, there were enhancements to the special CPF Housing Grant (SHG) for those in the lower and middle-income salary ranges that would let them by their 1st home for Hao Yuan Gambas EC.

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Skies 39

As of August 24th there was a rise in the income ceiling from $12,000 to $14,000 for households purchasing new EC units. SLP Intl anticipates that launches for the entire of 2014 may offer under 10,000 units, a sharp decline when compared to 15,885 units unveiled a year ago as well as 21,478 units in 2012. A week ago, HDB unveiled the Staggered Downpayment Structure to help existing flat owners who want to downgrade to small sized flats, specially the elderly who’re having monetary troubles.

Skies 39 Toa Payoh Hub

Real estate developers will stay mindful and uptight and some may slash prices to move balance units. Regarding the EC market, recent launches have seen a pick-up in skies toa payoh lorong 4 sales that was more gradual than robust. Buyers are still remaining sensitive about pricing, so whether more will come forward as a result of the income ceiling being raised remains to be seen.

The Brownstone, a 638 unit EC project of City Development’s located in Canberra Drive, had their launch in July selling 182 of their units in that month, and was able to shift a further 36 units during August at an average price of $817 per square foot. skies condo at toa payoh home buyers in the North-East part of Singapore currently experience a wide variety of property alternatives, as along with services right next to homes.

Skies 39 Evia Real Estate Braddell MRT

Real Estate Watches also believes financial transaction volumes this year will fall far less than the yearly average captured in the past 5 years.“Transaction quantity may very well be comparable to quantity found in the financial crisis time period for skies 39 toa payoh lorong 4, which sometimes be viewed as being a healthier correction for the residential market, assuming fiscal situations don’t change.”

Brand-new private and public property will probably be unveiled in present increased choices for residents, while the latest features and neighbourhood establishments is going to be developed in the next few years to further improve the quality of life. One consultant pointed out that this proves that a project that offers pricing that is more affordable will have a better chance at finding skies 39 condo buyers in the current market.

The new households in skies condo at toa payoh will set to include new state of the art features which will is helpful to the ecosystem yet at the same time will never undermine quality living. One example is, solar panels on rooftops and even options which in turn support to trap rainwater may be used in the new units. Going by data that was supplied by the Urban Redevelopment Authority, the private condo project in Fernvale, High Park Residences, continued to sell 76 of its units at an average price of $933 per square foot, after July saw it shift 1,139 of its units.

Skies 39 Toa Payoh

However, prospective buyers of ECs will still have to take into consideration other larger factors, such as the track record of a developer, the location of a project, finishing offered, the mortgage servicing ratio, as well as there being close to 5,000 EC units unsold that have already been launched.

There is a new ruling which states that developers must sell their units within a certain time-frame before they get fined by the local authorities.. New homes by developers can also be launched in phases, to check real estate market reaction. Lots of investors are searching for condos next to the MRT Station as transportation selections are many as well as hence it has caused a lot of of the real estate property asking prices in the vicinity of public transport to increase. There should be Skies 39 available for use.

September’s Built-To-Order (BTO) exercise did not result in boost in demand for two or three-room flats located within non-mature estates, even since the administration had made it possible for existing flat homeowners acquiring these properties to pay lower down payment. reported the media. With a much larger pool of buyers that qualify for the new income ceiling rate, and more Executive Condo launches to come this year, we should see a 5% to 10% rise in the volume of EC sales for the whole of 2015.

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