The low profile residence on top of Thomson Pinnacle

The low profile residence on top of Thomson Pinnacle

Lo and behold, who would have possibly noticed this? Although many awesome residential developments are springing up in Singapore, almost none of the people I spoke to realised the existence of this beauty. Peak Residence is clearly ahead of others in terms of its location, beauty, amenities and other factors that make it liveable and comfortable.

This absolutely non eye-catching development is certainly a mystery for many, built on an elevated land, a gradual slope leading you to the pinnacle of Thomson, sitting right next or rather behind to one of the most reputable hospital, Thomson Medical. The development adds to the beauty of Novena, the main prime neighbourhood where it is located.

Developed and build by?

With the design of Peak Residence executed by experienced and skilled professionals of AGA Architects, the uniqueness and aesthetic of this newly developed home are never in doubt. Tuan Sing Holdings Limited and Rich Capital Holdings Limited developed this residence jointly as a wonderful addition to the existing households in the Thomson enclave.

Available for both foreigners and Singaporeans, this new residence offers a freehold tenure. Without an iota of doubt, it is going to be one of the best residential property along Thomson Road.

How big is that?

Stretching across a landmass of approximately 57,400 square feet, Peak Residence boasts of having 90 apartments that are built with some world-class facilities. Basically, these apartments will be constructed under three different blocks of low-rise edifices with mirroring layouts. Surrounded by a beautiful greenery landscaping that exudes the beauty of nature close to the residents, each building has 5 storeys and provides an impeccable view of the stunning neighbourhood.

Whether you’re residing on the first or fifth floor of the development, you’ll have access to a basement car park that is properly maintained and monitored. Also, everyone shares the communal swimming pool, grilling pavilion, gym, clubhouse and other facilities that will make living in the development worthwhile.

Where is it?

Being located in the heart of Singapore where some of the wealthiest individuals live, it does not come as a surprise that the neighbourhood is safe and sound. It sits just behind a private health facility known as Thomson Medical Centre and it provides specialist consultation services, health screenings and a 24-hour clinic.

Central Region of Singapore covers the entire surrounding of Peak Residence, the main commercial activities are not far away from this new development. It is also developed near upcoming Health City Novena, a masterplan of the biggest healthcare centre in Singapore.

Novena Square Velocity, Square 2, United Square and other malls in Novena Central are also within walking distance to this beautiful residence. For the more nostalgic experience, residents can walk over to Balestier arena nearby to check out their amazing and historical buildings. On top of visiting the old-world charm eateries, Whampoa hawker centre and the many food stalls along Balestier road at any time of the day

Not Driving?

If you’re not driving, our world-class public transport network within Novena allows you to be worry-free from moving around. With a 10-minutes walk, you can simply access the underground Novena MRT Station or just take advantage of the seamless network of bus services in the neighbourhood.

This could be the perfect abode for anyone who wishes to retire in style. You may soon begin enquiring to make this picture-perfect and well-equipped residential development your home from the Official Site of Peak Residence.

the m condo

What makes The M condo the perfect real estate investment in the coming new year?

If you are looking for the best five-star condo in the city of Crazy Rich Asians in Singapore, you are looking no further than The M condo at Bugis.

The M condo is not only an amazing investment, it is securing a contract with the future.

Here are some of the justifications that shaped The M condo being a perfect real estate investment:

The location

The M condo is located along the Middle Road of Singapore, one of the best prime location for any real estate in the entire wealthy state. The Middle Road precinct is famously known for having some of the finest top hotels, rich arts and heritage structures, civic districts centre and home to museums, monuments and a lot more.

The locale of this exciting new condo is perfect for anyone, no matter what their sophisticated palates are. I mean, sure! There are certainly people with some weird “unique” tastes that wouldn’t invest in The M, but overall, this development should be among the most perfect and ideal choice for serious real estate investments.

The urban area is transforming

The Middle Road is an ultra-urban area but not without some fresh air, although the vast greenery is some distance away, bugis district is expected to transform into a much more civilized and amazing environment soon enough.

What does this translate for investors? There will be more demand of high-quality residential developments in the area. As a savvy investor, demand should be your most natural ally, and it should be getting you some amazing returns for your every dollar, no matter how you look at it.

Marvellous architectural

It is no surprise for anything that is marvellous in the present, eventually becomes an antique piece for the future, selling for many times the price of that original price paid. We are not saying The M condo is a marvellous product, but you can see for yourself that the architecture, and the beauty work done in the building is just awfully amazing.

Even though the project is under construction, the framework of the building itself is impeccable, and Wing Tai Holdings Limited will see to it that it will be built to last for many good years.

Bugis MRT Station

The Bugis MRT station that the M Condo is built in proximity, is essentially a nicer way to find trains and some buses nearby, which ultimately connects you to the entire city in a jiff.

Oh! The underground train station also doubles up as a retail Xchange for public’s entertainment usage, on top of your own in-house commercial shop space within your development’s boundary. So that you can meet your friends and loved ones, without having to go to some expensive places.

Potential to become an iconic landmark

Landmark investments – they win hands down, an amazing investment no matter how you look at it. Any asset that transforms into a landmark, will be highly sought after by investors. Home hunters are more than willing to pay a premium for these landmarks, while savvy investors will be looking into making all sorts of return on investments (ROI) out from this, because that positive returns would literally be made without much effort just by grabbing a premium private asset like this.

Official Site

If you are looking to invest on some real estate in the coming 2020 new year, in a new transforming Bugis area, prime district 7, the upcoming new project by Wing Tai Holdings is the one that you should not miss! Look out and register your interest now at The M Condo Official Site

real estate singapore crowns with haus on handy

The Real Estate Market Empire: Singapore Crowns with Haus on Handy

Prep yourself with the Real estate knowledge: It is meant for the professionals in buying, selling and renting any property consisting of landbanks or building structures along with its resources such as fittings and fixtures. The basic legal framework of the real estate business was originated from the great England and soon after, it spreads around the whole world.

Real estate consolidation is an emerging business for many developing countries. The best part of this is that it helps our overall economic environment grow in tandem across the globe. The real estate developers tend to develop areas where their respective government has not enough resources to develop. Based on this, the chain of real estate related businesses provides jobs and opportunities to many businessmen to expand in various markets such as Singapore. We have however listed down 5 characteristics that define or determine the future in moving forward.

 

1.         Sales and marketing

 

Private property will always be considered as a prized asset. There is an emerging trend of purchasing and developing of smart properties. To do so, there are some big firms jumping into the market by adding more value to the properties. Governments are leasing properties to the business owners in order to develop them and make more money out of it. There is a piece of land along the Handy road that was sold to City Developments Limited in Singapore recently and the project was named Haus on Handy by CDL.

 

2.         Development

 

The real estate conglomerate will develop the area where they penetrate. They tend to improve the living lifestyles drastically by developing in the prime area to add more value. Since the competition in the market is running high, companies are extending their services such as adding more and more alternative road paths, making new route options to ease the possible congestion for residents. This will eventually lighten the burden on the government’s ability to develop the public amenities. URA sold the land in Jan 2018 to City Developments Limited so that they can assist to develop the neighborhood. It was named in such a way that it means there will be some new housing along the Handy road with haus on handy.

 

3.         Lease

 

More businesses are jumping into the local market to fetch more and more profits. Due to heavy competition in the market, they have to add practical values to attract savvy customers. Many businesses are offering buyers to purchase properties on lease. This gives an opportunity for builders to build more assets. It helps in decreasing the number of homeless people in the society making the public more stable and harmonious. Haus on Handy currently offers an almost 99 years lease to the new owners.

 

4.         New prospects

 

The real estate markets are always in search of new prospects. They are always looking for new parcels of land to develop. To clear stock, they will market to attract overseas customers around the region and to do so, they have to acquire more land in sub-urban areas that lead to the development of the city. According to some rough estimates, Singapore is currently known for their real estate business, the second most pricey housing market in the world.

 

5.         Economy

 

The real estate businesses boost the economy by introducing more developments. People get an opportunity to invest more and more citizens will have greater opportunity to find work. It increases the competition in the market that leads to an increase in the demand for products. More and more businesses will enter the market to meet the supply. However, the best economy factor for a country is development. The real estate businesses could make significant development in areas inside or away from the city to add value.

 

Conclusion

 

Real estate business has been there since the advent of mankind. It works as a pillar to balance the economy of a given region by providing an ample number of opportunities to invest on jobs. It helps to recreate society. These businesses are always in search of new prospects to make more out from a given piece of land. They help a region to grow and develop rapidly. It will also provide a better living condition to the society by building new markets, hospitals, schools and what not.  What can be better than opting all these facilities when they are under your hand?

riviere_sneak peek

Riviere, the condo which will enhance the quality of your life

Of all that matters in life, the importance of one’s place of residence cannot be overemphasized. Your neighborhood goes a long way in describing your values, standards, taste and sometimes your occupation. Shelter forms one of the three basic primary needs, hence it should be well catered for. It isn’t enough to get an apartment but getting it in a serene and wonderful environment.

The Riviere condo is an exclusive mixed-use environment that avails you with residential and accommodative neighborhood and a well fiting commercial component. It has about 455 residential homes, 1 to 4-bedroom layout distribution, two 36 storey towers and an approximate value of 145,117 sq ft site area. It is renowned for its judicious location on the heart of Robertson Quay precinct, settled and covered within the Jiak Kim street corner, and exceptionally positioned in such a way that make residents enjoy the appealing view of the Singapore river.

When it comes to real estate, the Riviere is greatly exceptional. Talking of perfection in residential environments, the Riviere gives an exemplary explanation. It is uniquely flanked by both Grand Copthorne Waterfront Hotel and the great Mirage Tower, advantageously situated away from the Kim Seng and Havelock Road saving residents from the weight of traffic and unwholesome noise pollution.

With an unrestricted access to the river promenade, the condo numbers as part of an exquisite group of riverfront developments and maximum relaxation outlets. Beneficiaries of the Riviere condo environment will be at a plus through the enjoyment that comes as a result of the heart-warming facilities and ease due to its proximity to Robertson Quay, Clarke Quay, Mohamed Sultan, Great world city and the neighboring Tiong Bahru estate. The condo’s greatest boast is its strategic location which grants residents a total ease and complete access to basic amenities and daily needs such as:

  • Excellent Connectivity: It maintains an excellent connectivity to prominent places like the East Coast Parkway, Marina South station, Shenton Way station etc. through effective road links ushered by the Orchard road and expressways.

 

  • Proximity to flawless academic facilities: One of the major worries/bothers of parents and guardian while relocating is whether or not the new location will have deleterious effects on their ward’s academics. And how much it can enhance the children’s productivity level and intellect. Never to worry, the Condo is well encompassed with quality educational institutions. A little stroll from the condo leads you to Standard schools like River Valley Primary School, St. Margret Primary School and Outram secondary school among many others for basic preliminary education and furtherance. Also, within the neighborhood of The Riviere are wonderful tertiary institutions like University of Chicago Board School, Nanyang Academy of Fine Arts etc. It doesn’t draw back in your educational needs.

 

  • Exclusive Shopping Malls: Because needs will arise every day and there are so many things that needs constant replacement, timely acquisition etc. The Riviere condo, in tandem with its strategic location is surrounded by many top-notch shopping centers which makes it easy for you to get your continuous needs like fashion accessories, cosmetics, edibles, home appliances etc. Every of this lies at your fingertips with nice shopping closets like the great world city mall, UE square mall, Plaza Singapura among many others. You would never see it as a herculean task to stock and restock needed products.

 

  • Parks: In your free and leisure time, you might be craving for some perfect and warm relaxation. Apart from the magnificent and fascinating design of The Riviere which makes it possible to have an interesting view across the city, there are numerous parks and relaxation garden in the vicinity. A perfect example is the Fort canning park which maintains a distance coverable in about 10 minutes’ walk.

When you talk about all round flawlessness in residence, you are pointing directly to The Riviere condo. Avail yourself with quality, and give yourself the life you deserve so much.

3 cuscaden

The launch of 3 Cuscaden in District 10

Singapore – Regardless if you’re searching for a prime property to invest in or purchasing it for your family, we’ve got you covered here. The recently launched 3 Cuscaden condo along Cuscaden Walk has only a limited number of units to pick from. The condo is sophisticatedly elegant and spectacular, designed by using contemporary architectural ideas. It is not readily available for physical viewing of the apartments but a beautiful setup of the show gallery.

How to view the property?

They have made arrangements that are easy and convenient for you. If you are located far away from Orchard Road, you can simply search online for 3 Cuscaden where you will be able to access all critical information about the property.

If this new development is not what you are searching for, we’d save you a long trip but if it is exactly what you’re looking for in the prime district, you can easily register your interest online and arrange for a viewing appointment. The official marketing agents will be glad to walk you through the sales gallery and let you decide if it suits your requirement and needs before a booking commitment happens.

Unique features of the condo

This freehold condo has an exquisite design that will capture even the eye of individuals in search of landed properties. The condo units are not exactly tiny from the outlook of the façade and the spacious rooms ensure that the residents will get to enjoy their personal space.

The units are fully furnished with modern fittings to give them a refined and posh look. The kitchens are well-equipped and available in both wet and dry option. The main advantage of owning one of these unit is the location; the world will be so different just across the road where you’ll be ahead of others to ION Orchard Shopping Mall and Orchard MRT Station. Does this sound cool and excite you enough?

One thing that distinguishes 3 Cuscaden condo from the other properties in the neighbouring region is their security. It is crucial to find a place that guarantees the safety of you and your family and Singapore provides that. The condos here provide a serene and safe environment that allows the residents to peacefully relax as they unwind from a busy day. It will be a gated community with security personnel at the entrance and exit point 24 hours a day all year long.

Moving into a new home or neighbourhood can be challenging but what is even more challenging is not having the peace of mind. If you think you want it, hop on now!

All you need to know of the new Mayfair Gardens

Singapore – It is not easy finding a perfect apartment nowadays. There are lots of real estate options in the market currently, but not many are aware of them all. As such, we will be highlighting a new project in the Upper Bukit Timah area today. The latest residential development over here is the Mayfair Gardens, and yes, they are the former Mayfair Gardens that you and i know too. They are merely using the same name after the major transformation.

mayfair gardens at rifle range road

On top of that, they will be incorporating another name as Mayfair Modern on the divided plot of land that they occupy as a whole. Nevertheless, these condos will be rebuilt on a great location with easy access to the public transportation. It is a large private housing site with good orientation, the unit facing will be well-organized as well as the interior layout.

Future residents will benefit from a freshly renewed tenure and the great building quality of their new homes. Here are some facts on this new project that each potential home seekers should now.

The said development along Rifle Range Road will be financed, rebuilt and owned by the Citrine Property – Oxley Holdings. A homegrown local developer specialised in residential projects, collective housing, commercial buildings including hotels and industrial projects. They have successfully completed projects in many countries such as Singapore, Japan, Malaysia, Indonesia, China, Myanmar, Australia, Cambodia, Ireland, UK and Cyprus since inception.

This award-winning firm has built many fully-sold homes in Singapore too! And we believe Mayfair Gardens will not be the exception. Located right in the beginning of Rifle Range Road of Upper Bukit Timah precinct, this residential development has all it takes to become the most desirable place to live in this part of Singapore. The property is only 15-minutes’ drive away from the heart of the city.

Technical specifications of the property

The Mayfair Gardens complex (including the property garden and common area) covers 208, 475 square feet site area. There are two plots with 386 residential units. Plot ratio equals to 1.4 and the maximum floor area equals 290,000 sq ft. Due to the gross plot ratio, the overall residential units and resident’s density will be rather low.

Issues pertaining to any crowded common areas and hogging of facilities are thus not expected as compared to other larger communities elsewhere. All the ancillary facilities within the estate were dimensioned in accordance with the estimated number of occupiers, in accordance with the URA residential planning guidelines.

Therefore, these new Mayfair Gardens by Oxley will certainly attract home buyers of sophisticated taste who value a truly noble lifestyle on precious location with exceptional design. The launch of this project will begin in September 2018, interested buyers have since begun registering their interest for this upcoming event. Visit their official site for more info if you’re keen!

In-depth Understanding of Stirling Residences

Singapore – Queenstown Estate is famous for its sizable land plots that are prepared for residential projects. By end of 2017, a huge land plot was won for a stunning bid worth 1 billion Singapore Dollars. The occasion happened as part of a Government Land Sales. This sizable plot is located at Stirling Road and it is set to become “Stirling Residences”. A luxury condo project developed by the Longan Property and Nanshan Group. The Stirling Road GLS Land parcel was won by this duo with joint effort. The tender carries a 99-year leasehold and it is a little more than a billion Singapore Dollars for this 21,100 square meter site.

stirling residences

About Stirling Residences

It is widely believed that the new condo will be stylish in its own way as it features many interesting attractions. This high-rise project will justify its price and brand value. According to Urban Redevelopment Authority data, Stirling Residences could probably be a viable platform for young investors, new couples and mature families. The project has everything you need to lead a happy and a comfortable life. Whether you are looking for connectivity, amenities or education – Queenstown locale has it all.

Amenities around Stirling Residences

Stirling Residences is within a lively environment. It is surrounded by many entertainment and shopping options. A quick drive will take you to Queensway Shopping Center, IKEA Alexandra and Anchorpoint. The budding Alexandra Central is located 1 km away from your home too. These are interesting shopping and entertainment destinations for all future residents!

Moving on, if you are wondering where the good & scrumptious food is, look no further! Stirling Residences is located near to many food establishments and wet markets. Your hunt for fresh culinary ingredients stops here. Important venues for great comforting food around this residential development would be the Commonwealth Avenue Block 40 Food Center, Mei Chin Road, Tanglin Halt Street, the Crescent Market at Commonwealth, Redhill Lane market and the Bukit Merah Food Center.

Commercial Destinations near Stirling Residences

Commercial destinations around this condo project can be categorized into five distinct types. Category A features a massive supermarket, 19-shopping centers, educational clusters and an RC center. Category B features an eating home, three shops and a minimart. Category C features a minimart, a café and two shops. Category D features a minimart and a café. Finally, Category E features childcare facilities, a minimart and a café with two shops. The number of commercial facilities in and around Stirling road is likely to increase in the coming years.

Lifelong Learning near your Home

The talk about Stirling Residences will be incomplete without its advanced educational neighborhood. There are many local primary and secondary schools near the condo. This includes major schools like Gan Eng Seng Primary school and the famous Queenstown Primary School. The list doesn’t stop here and its non-exhaustive. You have a dozen educational institutions to choose from for your schoolkids!

The ideal condo available at Margaret Ville

Singapore – The government of the city state has allowed the developers of the Margaret Ville condo to construct recreational facilities such as “Green Routes” used for running and cycling, community parks, the Holland Village Lifestyle destination, Metropolis commercial building for offices, headquarters for Mediacorp and Lucasfilm’s Sandcrawler. The developments have just begun and most of them are in their initial development stages.

Developers of Margaret Ville

There were many developers competing to acquire the site where the new Margaret drive condo is being developed during the open public tender process. Towards the end of 2016, the highest winning bidder was awarded with the land site. The area is situated along Margaret Drive which lies within the vicinity of the Queenstown planning area. MCL land was the highest bidder, winning this 99-year leasehold site and having the full rights of developing the vacant land.

It is no secret why 14 huge companies antagonistically vied for this piece of land as there are several strategic reasons that make the land a rare and prime property going forward. When it is fully developed as a residential area, Margaret Ville would have a strategic position that will enable the residents to easily and conveniently access the nearby diverse hospitality vents. The infrastructure is well developed and the amenities are unbelievably exceptional.

MCL land has been in the real estate development industry for more than five decades which has earned them their irrefutable reputation and excellent track records. Their operations are not only confined within the borders of Singapore but have also extended to Malaysia. They are mainly involved in the development of residential areas but every now and then, they will also try to engage in commercial projects which will add diversity to their beautiful portfolio. Besides the Margaret Ville they also own the prestigious J Gateway in Jurong Gateway Central, a commercial business hub of Jurong Lake District in Singapore among others.

Location

Margaret Ville can be accessed by driving along the Commonwealth Avenue and turning into the Margaret Drive. The entire commonwealth region is positioned within the western direction when you are in the heart of Singapore. The neighbourhood is home to several luxurious residential properties that was recently developed and launched in the market.

The other developments such as Commonwealth Towers and Queens Peak will no longer be the most luxurious residential property in the area as the new swanky Margaret Ville is coming onboard soon. The vicinity surrounding the two residential projects is endowed with a myriad of amenities such as shopping malls, health facilities, learning institutions, hospitality joints, mosques, churches and many other recreational facilities. The infrastructure in the area is also well developed which makes it easy to travel from one place to the other.

Singapore Buyer’s Stamp Duty May Elevate the Prices of New Condo Development in 45 Amber Road

Due to the recent outline for a rate hike of the Buyer’s Stamp Duty, this may however affect developer’s prices for new condo developments in the future. The developer pays a significant premium to develop on residential sites as the need for newer developed condo property rises but; Are these premiums in need of a hike in higher price rate? Should developers pay more for new condo projects that are underway and coming in the near future?

While it’s certain due to the condo real-estate market, the hikes are inevitably going to take place in order to keep the economy stable. However, it’s not much clarity as to why developers should pay more in premium property prices. For developers of newly developed condo buildings like the Amber 45 condo building located at 45 Amber Road, this means it will force a slight increase in site purchases for future condo building sites. As uncertain as it is, it may even elevate the buying price of new condo units.

Friction in transactions for Singapore condos

The buyer’s stamp duty will certainly cause some friction in transaction volumes throughout the Singapore real-estate market. With potential buyers proving that they are not really ready for the prospect of elevated realty prices, these price hikes are inevitable, especially, if developers have to pay more premium prices for their new developments. With friction inevitability, a clarifying glimpse of the market for Singapore condos may show why buyer are still sensitive to the initial price hike of private condo property.

With the new development condo property market in the earliest stages of recovery from its past 15 quarter decline, the optimism of potential buyers is still growing after the optimism decline for the real-estate market. Although Singapore real-estate prices are considered higher than average property prices, these prices are still within affordable range compared to other areas with luxury real-estate. As the market buyer’s stamp duty rises the sales momentum may take a few years or more before it strengthens the real estate market for new condo developments.

How to keep the friction down for Amber 45 Condo

It’s simple to give all the right methods and strategies for keeping friction down for Amber 45 condo. One method and/or strategy would be to leave the buyer’s duty stamp right where it is and not even think of a hike, until there is more clarity of why the rate hike should be made. The friction will most likely slow the market growth, even though it’s on an upturn. Potential buyers will move slower to purchase newly developed condo properties, due to the buyer’s stamp price.

Why will people be slower to purchase newly developed condo property? Simple to answer, they will have to pay higher prices for their condo units as their BSD rises and higher because developers BSD rises. To avoid this, keep the BSD at the same rate for maybe 3 more year’s time, when it will be easy to understand why it should be risen. Keeping potential buyer active now instead of slowing them down will help to get the real-estate market to grow faster before the 3 years expect market growth strength time is up.

Questions to Ask Property Agent or URA before buying Park Colonial Condo

If you are opting to purchase Park Colonial Condo, there are some questions that you will want to ask your local property agent or the URA. The URA is the Urban Redevelopment Authority of Singapore. Taking charge of your residential condo premises which plays many crucial roles in the way the condo building is being operated. Buying a residential property will certainly come with some important Q&A that will make it easier for you to understand before moving into Park Colonial Condo along Upper Serangoon road at Woodleigh lane.

We will make the journey of acquiring the property a smooth process for you and your loved ones when you have finally decided to settle down in Woodleigh Lane by purchasing Park Colonial Condo. It will be one of the wisest choice in buying this new residential project as you will be a part of the growth in this new town. A second Bishan in the making will certainly be enough to salivate over when HDBs there crosses the million dollar mark in recent years.

Who is URA?

The URA, also known as the Urban Redevelopment Authority, is a board of directors, whom were elected to run or oversees the project admin in its entirety. Areas that the URA focuses on are the financial management of the project, business affairs dealing with the development, the enforcement of rules for the properties, common assets of the entire property and/or areas of the properties. Most of all the URA sees to the overall maintenance and upkeep of the building interior and exterior. The MCST aptly provides the essential elements to protect property values, structure the community within and provide a great place to live in for the owners of residential units.

Questions to ask a property agent about URA:

How accessible and active is the URA?

Many a times, when you’re trying to contact someone from URA, it could prove to be difficult and there are many reasons to this. Probably you want to ask your agent just how accessible they are to the public. If you’re trying to get important documentation before you move into the condo or even if you’re already living in it, you’ll want easy access to the URA for getting the important issues done in a timely manner. The URA holds crucial datas and documentation, most of them are important missing puzzles to questions that you’ll have.

Before you move into a condo development, it’s best to request as many documents as you can, that you’ll need from the URA. Your agent will be able to get the documents from them but most likely after the offer is accepted. The documents of importance that you’ll need includes CC&Rs and by-laws of the building, also the annual budget, special assessments, reserve studies and URA board minutes are some important documents for you to acquire. These documents will also allow you to know how active your URA is and how often they work to keep your building in tip top condition.

What are the URA fees and what they cover?

If you live in a private property in Woodleigh such as Park Colonial Condo, you’ll certainly have to pay certain fees. Maintenance fees are similar but differ in each different condo as they may offer more or lesser amenities. However, it will surely cover most area especially the exterior building maintenance, garbage, water, sewer, undergrounds, pool, community centre, security and much more that the building has to offer the residents. A lot of home buyers who bought other developments were shocked because they are unaware of the fees required that comes along with buying a condo apartment. You should always know what fees to expect, and what they cover from them so that you won’t have the shock of your life after committing the purchase of your new condo.

Still Unsure?

If you’re still in a dilemma on what to expect, please do not hesitate in contacting us here and we’ll assist you further on your purchasing of Park Colonial journey.