Realtor logo

Category: News

Buying a property in Singapore with luxurious amenities such as Haus on Handy

Buying a dream property in Singapore is not an easy task because it requires an extensive research on the local market. Nowadays, most of the real estate developers including multinational companies are investing their corporate funds on housing projects in order to fulfill the expectations of both home owners and company stake holders alike.

The latest Haus on Handy will be one such upcoming residential development, towering in the heart of Dhoby Ghaut Central (Orchard Rd) covering 1, 2 and 3-bedder apartments with excellent infrastructure. There will be 188 units available in the project which aims at providing a high quality of life to hipsters and those with a family nucleus to a great extent.

What are the amenities?

This new project provides some new age amenities to local residents, allowing them to lead a comfortable life by running on latest modern technologies. Some of them include infinity swimming pool, state-of-the-art indoor gym, tennis court, sundecks, conserved clubhouse, unique guard house and BBQ pit areas.

Another great point to note is the supreme connectivity with Dhoby Ghaut mrt station that runs on three different line routes. It is also close to some leading schools, management colleges, arts and science learning institutions. Apart from that, it is also in proximity to many posh hotels and glitzy shopping malls allowing friends and relatives to reach them as convenient as possible. The fondly remembered Fort Canning Park located nearby will also help residents to spend some quality time with their families too.

Ensuring a comfortable living environment

Based on statistics from URA, the majority of home seekers these days prefer buying a residential apartment with unique facilities for living out a comfortable life. Haus on Handy condo could be the perfect option for those who are looking for both quality housing in Singapore and in a prime location. This project is being developed by locally well-known CDL that enables the purchasers to realize the real meaning of luxury. Anyone who fancies living in a serene and quiet surrounding can choose an apartment which exactly suits their lifestyle and requirements.

How to book an apartment in advance?

Those who want to book Haus on Handy apartment in advance can make a registration online easily and the company representatives will contact them as soon as possible to know more about the project in details. It even allows the potential home buyer to receive a copy of their floor plans, brochure and prices from the developer that can help to make an informed decision before investing their money on it. Home seekers can also send their queries through email for more custom details before arranging a viewing too.

8 Saint Thomas; The Right Luxury Living for You

About 8 Saint Thomas

In the world of a real estate battle and in order to win any real prime assets in Singapore, Bukit Sembawang Estates had already set their eye on the former Airview Towers and Chez Bright apartments ten years ago. It was a bid to purchase both adjacent sites and to redevelop the condos on the same freehold land.

They had since won the bid for both sites and completed the current luxury 8 Saint Thomas condo in the prime location of district 9. After shelling out over $256 million in acquiring these two land plots and for the success of the development, these new condo at St. Thomas Walk will set the foundation for future building excellence. By upping a level for competitors in the area to step up their game, we’ll probably see more of such beautiful towers going forward.

8 Saint Thomas condo was expected to do well in their sales when the buildings are up and running. These two towers will boast some dynamic views of the Singapore Skyline as they are both 36 and 35 storey high rise building. It is set to be a sleek and urban oasis for a new crowd of wealthy urbanites into the Singapore scene. With an attractive price tag of $1.4 million and above, it is pretty assuring given the freehold tenure it offers in land scarce city.

Why 8 St Thomas?

With a solid site plan of the project, the entire boundary sprawled across 9,073.4 square meters and hosts a myriad of units ranging from 1-4 bedrooms including penthouses. There will be a total of 250 units within both sky scrapers.

The said locale will also provide home owners a quick 200-meters walk down to the Great World train station and with the South East Asia’s largest shopping belt in the vicinity, new owners of this brand-new condo will be pampered with all the convenient amenities.

Popular ones include 313 shopping mall, Orchard Gateway and Orchard Central in the immediate vicinity as host to all of your favourite retail for the best shopping experience in Singapore. With so many entertaining options in the area, there will be a consistent pleasure of home ownership while residing in 8 Saint Thomas – a hip and chic condo with the best address and in the perfect location.

These spectacular high-end luxury condos are going to be the talk of the town and will become one of the main attractions in district 9. While this new development provides you a great home where you can relax at ease at the end of your hectic day, you’ll also enjoy spending time with your family while enjoying other facilities provided within the condo.

If you’re currently cherry picking a chic and luxury property in the prime district 9 (Orchard, River Valley) area, you’ll certainly want to know more about 8 Saint Thomas and all of the greatness that comes with it. Don’t miss this now!

Preferred Retired Living for the Seniors at Mayfair Collection

Singapore – Just imagine yourself living in the picturesque landscaping around our Rifle Range Road precinct, the newest Mayfair Collection has become a superb retirement choice for the seniors. After having toiled endlessly for the past few decades for their family, those who wanted to lead a carefree, comfortable and luxurious retired life now must look into investing on either one of the 1-bedroom to a 4-bedroom condo unit which will be going under construction soon.

The Mayfair Collection development are being built to replace the former Mayfair Gardens in the beautiful Rifle Range Road area. The old housing will be replaced by current modern apartments to cater to different profiles and preferences. Being the latest private residential development planned, it will redefine what luxury living means and at a much reasonably priced end-product.

How will the apartments benefit seniors?

After acquiring the old Mayfair Gardens property at $311 million, Citrine Property Pte Ltd began working out with the top architectural firms in conceptualising a beautiful residence that not only integrate smart modern conveniences with aesthetics but also allow the residents to feel the luxurious lifestyle within their home too!

The layout of every spacious bedroom and living room are specially designed for senior citizens who may have certain health issues such as permanent disability or arthritis and the balconies, fixtures, fittings are designed for maximum comfort and practicality.

Amenities and Transport

Mayfair Collection, though surrounded by peaceful residential developments such as Gardenvista and Jardin, is still very close to public transport. The King Albert Park MRT Station is at a convenient distance from the residence so that it is neither in your backyard nor too far away. The residential development is also well connected with the PIE and Clementi Road as well.

Environment for seniors

The project has walking and jogging areas, clubhouse, gardens and many outdoor seating areas where senior citizens can relax and enjoy the fresh air amongst the greenery. Located nearby is a farmer’s market at Pasarbella where fresh vegetables, fruits, meat and fish are available so that the residents can maintain a much healthier eating habit. Supermarkets at Bukit Timah Plaza and The Grandstand etc. provide all the daily necessities as well as luxury items so that our senior citizens do not have to travel far for their daily needs.

For tiring days when the residents do not wish to cook at home, they can simply visit the Bukit Timah Market and Food Center in the vicinity where there are many local food takeaways. Comfort food from all over the world are available in just one central area. With all these amenities and benefits, it is no wonder that Mayfair Collection condo will be one of the top selling projects in 2018 & 2019.

Stirling Residence – A place for young people

You may have heard that Queenstown is a place for the elderly people and families with kids, well, that’s not entirely true. This place offers you a ton of exciting options to explore and have a look at. Even at Stirling Residence, a serene residential project, you can buy your apartment and transform it into something younger and full of positive energy. Take a look and keep reading to learn some tips and places to go from here. 

Stirling Residence – Your Perfect Apartment

With all the different apartment’s layout, beginning with one bedroom and up to five, you can reinvent the entire place and use it in a way that fills your activities and needs. If you are in the music scene, you can buy a two bedrooms apartment and build a soundproof music studio from one of those. What if you’re an artist, a painter or even a photographer? The higher floors offer a great view of the town, the green hills and the sea, the perfect place to look for inspiration.

A City to Explore

If you are of the adventurous kind of personality, you will fit in Stirling Residence very well. Queenstown is a wonderful neighborhood filled with a lot of “secret places” and things to discover, all this will mean that you can take a long walk with your loved ones to the not so popular areas of the community.

A Place Rich in Architectural Beauty

Thanks to the Urban Redevelopment Authority and the Queenstown Planning area, this place has a lot of beautiful building, gardens, rooftops, high views and parks to visit and/or take pictures of. You can bring a couple of friends and take a day out to explore the town, visit the different-themed gardens like the Japanese-themed Ridout Tea Garden or the more English-themed located at Forfar Heights. If you like the tall skyscraper heights, you can visit the Skyville@Dawson for a lovely visual experience.

A Place to Eat

Nearby the Stirling Residence, there is a lot of places to eat. From local to international delicacies, you will need to spend some time in visiting all of the places and choose your favorites. You can ask a couple of friends for breakfast and chat over a fine dining atmosphere in a nearby restaurant within walking distance. Additionally, you will only need to cross a street and you will be right in front of the Mei Ling Market and Food Centre, where it will be loaded with different options of food for the foodies.

A Place to Live. Stirling Residence

This new condo will be the place that you’ll need to revitalize your young and restless soul. If you feel like lazing around by staying near your apartment or doesn’t wish to walk too far away, you can make full use of the communal swimming pool or organize a last-minute BBQ session with friends at the grilling pits or simply having a game of tennis leisurely.

An Investment Home to Purchase

The full list of prices on all the apartment’s layout will be coming out very soon, most likely to be online in the next couple of months, stay up to date with the news and prices by registering online.

The Magnificent Condo Replacing Amber Park

The Opus, which is being developed on the site that was previously known as Amber Park, is a luxurious development that will host about eight hundred units on 4 x twenty-five storey tall blocks. It is located along Amber Road, neighbouring some major facilities such as the Katong shopping complex and the famous Parkway Parade. The adjacent area has numerous outdoor recreational activities which will be easily accessible to the residents. The nearby hospitality and recreational amenities will create an ideal environment where families can have fun as they spend some quality time together during the weekend.

Adjacent facilities to the Opus

The Opus is situated within close proximity to many hospitality vents like the renowned eateries situated in Geylang Serai and Joo Chiat Road. Geylang Serai is widely known in Singapore for its buzzing wet markets which is very big in size. The commodities found here are diverse and the cost is very economical for the local citizens as well. For those individuals with a much finer taste in their taste buds, Joo Chiat Road might be a better preference. The area is stocked up with a diverse local as well as international dishes even in the wee hours of the night. For those in search of a place to blow some steam off after a rough day in the office will be delighted with the bars here for a good nights-out.

The Opus is also in the neighbourhood of many elites and renowned educational institutions, catering to the needs of individuals with young school going children. Cultural and art facilities will also be part of the major development plans moving forward together.

Accessibility

The area is accessible by road and trains. By the end of 2023, it will be even more accessible through the Tanjong Katong MRT station which is estimated to be fully operational by then. For residents using private transport, the East Coast Parkway (ECP) is adjacent to the condo, in addition to the two bus stops along Amber Gardens. This makes it easier and convenient for the residents to travel by public means.

The Amber Gardens area is well connected to the various parts of the city such as through the Marine Parade MRT station which can be accessed by foot from the Opus condo. In addition to the MRT connection, the buses are available which will take you a few minutes to get into the Financial Districts located in Downtown or the Orchard Shopping District in Orchard Road. The remaining parts of Singapore can be easily accessed through the Tampines Expressway (TPE), the Kallang Paya Lebar Expressway (KPE) and the Marina Coastal Expressway (MCE) as well.

Launch of the Opus

If you are keen to explore further on this new condo by City Developments, we welcome you to register your interest online early to avoid any disappointments now.

Why the impeccable 3 Cuscaden is worth the trouble

One of the most prestigious residential apartment in Singapore to own or rent a property is the 3 Cuscaden at Cuscaden Walk. The development is located along the Orchard road shopping belt where it housed eleven private apartments previously. The before demolished building had initially been developed with residential housing known as the Cuscaden Mansions since the mid-1990s but have been recently sold and redeveloped into the up and coming 3 Cuscaden Condo development.

Location of the 3 Cuscaden Condo

The location of the 3 Cuscaden condo is unbelievably strategic. The Wheelock Place and the Four Seasons Hotel are positioned across from it in a diagonal direction. The Orchard Boulevard and Cuscaden Walk are within close proximity. There are also numerous hospitality facilities such as huge shopping malls, expensive hotels and elegant boutiques adjacent to the residence which makes it one of the most wanted property asset by many real estate investors and individuals alike that are looking to purchase a superior home for themselves.

Exquisite amenities

The Orchard Road is one important place you cannot miss when you’re in Singapore as it offers the best hospitality vents for recreational activities such as wild shopping. The street is filled with many posh hotels, iconic shopping malls, international label boutiques and chic restaurants. It is a one stop fix, everything you are searching for in terms of entertainment and recreation is available here. It is a dream come true for the hardcore shopping consumers.

The ION orchard which is home to the ION sky is within close proximity from the 3 Cuscaden condo. When you’re at ION sky, at 218 metres from the ground level, one gets a clear view of the property from all angles including that of the top most floor, the 56th. In addition to the spectacular view of the entire region there are screens perched to display entertaining multimedia animations which will last about eleven minutes. The animations are based on a real-life story of how the area has developed from being an underprivileged town to the urban city it is today.

What makes the 3 Cuscaden unique?

This formerly run-down property building has made its way back to the real estate market as being more sophisticated and well-designed than that of before after it was sold to Sustained Land in 2017. The 3 Cuscaden condo emergence in the property market has taken the real estate scene by storm and everyone is trying to make the most appealing deal to acquire it soon. This is a golden opportunity for both the local residents and foreigners in Singapore who wanted to own such an ingenious property. The amazing thing is that you do not have to be a pure resident of Singapore to qualify, foreigners are eligible to purchase this rare and prime district freehold property as well!

Yes, you heard me right! You can purchase this property no matter where you’re from and please do not hesitate in contacting us should you require any further assistance.

A Boost in the Singapore Private Equity New Condo Development Funds

Buyers and developers could soon see a boost in the private condo equity funds. Singapore as a popular region for condo realty like the Amber 45 Condo building located at 45 Amber Road will likely show a significant boost as estimates have been deployed with high investment prices being invested in the real estate segment in 2017. Some $20 billion has been invested into newly developed condo projects from 2014 up to 2017. What does this mean for 2018 to 2021? Potential buyers of newly developed condo projects can see greater private equity growth at the end of 2018 throughout the year 2021. At the end of the day, the newly developed private equity fund is expected to grow well over $10 billion dollars due to comeback growth upturn in realty funds for Singapore.

What does the boost mean for developer and Amber 45 Condo buyers?

Well, one thing’s for certain, buyers of Amber 45 condo and developers will see a significant increase of equity for the development of condo buildings and residential private housing condo units. In 2017 housing prices reflected an improvement in the overall new development condo building real estate growth. Also, it is projected that between 2018 and 2021, the main recipients of capital from close-end new condo realty focused on the Singapore area will elevate in terms of elevated capital real estate growth.

The core private equity fund focused in the South East Asia region is targeted at Singapore because Singapore is a much favourable destination for developers to develop due to the high purchase power of new development condo property sites. With buyers investing in the real estate from developers, this means that there is a strong attraction of interest in properties that adds value and has opportunistic funds with relatively low yields in their investments. For developer, this pushes up the risk curve for them to achieve substantial targeted returns on the newly developed condo real estate investments.

What kind of trend is in the Singapore market?

With this new trend in the new condo development realty market throughout Singapore, the fund investment development managers possess the upgrading potential of newly developed condo sites which will ultimately capture potential buyers for their newly developed condo buildings at the height of quality property developments. With a lot of research going on to further determine the outcome of the private equity funding, research estimates that within 3 years’ time, more than $10 billion dollars will easily be invested in newly developed condo realty in Singapore. Of these opportunistic private equity funds, the potential to grow the real estate market further seems like an easy feat, making it more prosperous for both the potential buyer and developer here and in the future of the market.

Why buy in the Singapore market now?

Right now, any investment in the Singapore new development condo real estate market has and will continue to achieve the potential to capitalize on the private equity funding available for development, as well as buying properties across all boards.

What is the park colonial condo property tax in Singapore now

Property Taxes! Are these taxes lower for condos? Are they lower for townhouses? If you’re seriously planning on owning a new home, these are some issues you should consider when it comes to buying a condo or townhouse for your own stay. There’s often the debate of whether or not buying a condo or a townhouse will save you the most on property taxes.

This seems like a legitimate debate, but for those who are not sure about taxes between both property types, this article will help you to understand the differences between the two.

Townhouses and condos have distinct differences

Understanding the differences between a condo and a townhouse is great for knowing the distinctions between both properties and how they are sold to you. The purchase of Park Colonial Condo Singapore will provide you ownership of a particular area within the condo building. With a townhouse you’ll own the full plot of land as well as maybe having sole ownership of the property around the house, per the bylaws that has been drafted by the authority. With both properties you can own with sharing ownership of common areas, especially in a condo. If you own a Park Colonial Condo @ Woodleigh MRT, you take up co-ownership of the communal spaces that’s outside of your residential unit space. It also makes a difference on the way you’re taxed for the property.

What are the factors that affects property tax?

The amount of property taxes that you must pay at the end of the year stems from two main factors. First of all, determination of your assessed home value is a factor. An assessor, assesses the necessary things that are taxable like acreage, number of bedrooms, number of baths, square footage, and even comparable condos or townhouses in the immediate area that you live in. These things are determinant of how much you’ll pay in yearly property taxes. The second factor is the mill levy, which is the tax rate for the area that you live in. It is also expressed in a determined percentage. The mill levy of your area is focused on number of parks, public schools, and local emergency aid like police precincts, fire departments, etc. The more in-town amenities that your town has, you will have a higher mill levy.

Are condo or townhouse property taxes lower?

Due to the factors which includes size, number of bedrooms and square footage and more, you will typically pay lower taxes on both a townhouse and a condo. These taxes are lower than that of the detached single-family home. Both condos and townhouses have lesser space than a single-family home. Living in a condo, taxpayers will share their due tax for land and other common areas, including the lobby, hallways and stairs. People living in townhomes may or may not be solely responsible for paying land taxes but are certainly solely responsible for paying taxes on the townhome. On average townhouses and condo taxes are lower than single-family homes, but within the same taxable range.

Artra Redhill Condo by Tang Group of Companies

Artra Redhill Condo by Tang Group of Companies

Have you ever wondered why majority of our citizens are chasing after the quality of life in every corner of our island? Is it due to the relentless prosperity our city state have been enjoying over the past few decades? Whatever the reason may be, it became much more evident and justifiable on residing within a private condo over a housing board flats anytime.

In terms of the many amenities offered by the private developer as compared to the shared communal public facilities, it is certainly a no-brainer in choosing the former. Although it comes with a maintenance fee price tag, residents are generally well-to-do enough to support these incentives.

One such development lately will be this Artra Redhill Condo, it is currently under construction and developed by Tang Group of Companies. They have won the plot of land parcel during a public tender exercise released by the Urban Redevelopment Authority of Singapore, it attracted many keen bidders during then, due to the attractiveness of being adjacent to Redhill MRT station.

The winning factor does not lie on being next to the train station alone, it is also a piece of mixed site plot of land, meaning the successful bidder will be able to build a residential development with commercial component within the entire project. How cool is that? It is the only such development in the neighbourhood and will be a landmark for many years to come due to the prominent locale.

This is certainly one of the few reasons to purchase this premium Artra redhill condo, especially by our hdb upgraders around the vicinity. It is situated in a very mature and established neighbourhood and sitting right next to our major transportation node.

It is almost exactly the main reason why it attracts the residents already residing around the same town or next. Not only does the condo provide nice amenities for them, it is also a mixed development right next to MRT station. It’s like having the best of both worlds within a specific location.

As a resident of the artra condo, you will be able to rest longer in the night than your colleagues who live further than you and you will also be able to reach home earlier for dinner as compared to them. Who has the edge in just three stations to our Central Business District (CBD)? No doubt, all the conveniences stated here will come with a heavy price tag and it’s a big-ticket item of your life, but would you trade in your money for all of these when you can afford to pay for the monthly instalment? Are you one of the person along the streets that will be chasing after the endless good quality of life that I’ve mentioned earlier?

Well, if you’re looking to upgrade your lifestyle by purchasing a condo of your own for your family, Artra Condo by Tang Group could be your best bet in Redhill or Alexandra Road precinct.

Margaret Ville Singapore Condo

Margaret Ville Singapore

Singapore – As of December 2016, MCL Land has since emerged in a brutal competition by being the best of the best in beating 13 other major customers for a precious residential land site along Margaret Drive in Singapore. The highest price bid of $238 million came from MCL Land (Regency), a wholly-owned subsidiary under the Hongkong Land Holdings. It translates to a reasonable $997 per square foot per plot ratio according to the black paper.

Based on the maximum allowable gross floor area (GFA) of this land parcel which could yield about three hundred homes in future, it is only about eight percent more than the second highest bidder Allgreen Properties at $220 million.

Such intense and aggressive bids for a city fringe leasehold land shows the extreme hunger of local and foreign major property players. Not only are they super hungry in their own land bank inventory, but it is also an indication that all of them are reading the future market outlook positively.

Betting big on a real possible upswing in real estate prices, simply by timing the sales period of their new project when it is ready for them to put in the market for sale. Said JLB International, a director for research and development Mr Mohd Sohai.

This rare and exclusive land parcel came from the Reserve list site, under our state land sales program that was called for a tender procedure soon after a prominent builder submitted their application and promised to bid at a price level which satisfies the government. It was eventually made known to be at least $186 million for it in November, a baseline for all interested parties.

Margaret Ville breakeven price

According to market watchers, based on MCL’s best price bid, the breakeven price point range for this site is expected to be between $1,450 to $1,550 per square foot when it is ready for sale.

The strong and solid involvement from 14 major customers, and a slightly higher than anticipated best bid of $997 per square foot per plot ratio doesn’t come as unexpected to market observers. Given the nice attributes of this premium site and the relatively palatable land size made it so much easier to digest with the smaller price tag since market outlook seems bearish at that very moment. Mr Mohd Sohai said.

The result of this positive tender exercise could also encourage the state land department in releasing more land parcels while planning for their subsequent years program. In view of the higher bidding price war interest coming from major players in the industry market, that will be one of the main source of income for the country when the land is scarce and precious.

Among the big boys in this industry, CB research mind for Singapore and Asia Pacific, Mr Alan Smith had observed the insatiable needs of major builders from this hotly contested tender exercise. Some of those participated have not even successfully secured any lands in their inventory over the past 18 months.