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.

Buying Your First Home

Things to Know Before Buying Your First Home

Buying a new home is a dream come true for almost all of us. All is undoubtedly one of the toughest things that you are going to do in your life. Most of you looking out for help are first-time buyers. There are a lot of factors that influence your purchase. These factors make the act of buying a house a complex task, and this makes a lot of people to push their plans for home investments quite always. But do not worry. We are here to help you realize your dream of buying a new house. All you have to do is to remember the tips and you are done. So here are the tips that you should before investing in a new house, especially if you are first-timer:

Buying Your First Home

Decide on the basic facilities:

The first thing that you have to do when you are looking for a new house is to list the facilities that you are looking for in the new house. These facilities that you are looking for will be profoundly influenced by the number of people in the family, your profession, kids and seniors at home and even at times your medical conditions. Only after listing the factors, you will have to decide the type of house that you are looking for.

Measure your Affordability:

Your financial fitness is of paramount importance before you buy a house. It is not a wise idea to invest in a house that is beyond your affordability. It is fine to borrow funds and buy a house but your ability to repay counts. Simply remember one point your assets have to more than your liabilities. Also in most of the countries, there are a lot of financial support facilities that are extended to help the first time buyers. So make sure you avail the benefits and strengthen the financial position.

Strengthen your credit score:

There is something called your credit score. Most of the countries except the south Asian countries follow a system called credit score. The credit score is a means to measure the creditworthiness of a person. This helps the seller analyze your financial credibility. Thereby it is important you strengthen your credit score. This will improve the chance of you receiving good offers and deals.

Check out the location:

Understand the location where you are going to buy your house. The location of your house should match your needs and the external facilities that you would often look for. For example, if you have a senior person at home, it is highly important that your place has a hospital nearby, or if you have kids at home, it is important that you have a daycare nearby.

Do not Compromise:

Especially if you are a first-timer, it is not a great idea to compromise on the deals that you strike. It is agreeable if the deals are beneficial. But if you are buying a house just for the sake of buying it, then you will be put into a situation where you have to compromise a lot. In this case, we would rather advise you to push your plan of buying a house than buying something that you don’t like.