The Opus by City Developments

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2017 egappropertyThings to Know

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.

amber gardens

egappropertyNew Developments

The Opus by CDL would be the newest condo sitting along Amber Gardens and Amber Road, a masterpiece development representing the veteran developer in the industry. The former Amber Park has been sold through a collective sale process and was awarded to City Developments Limited at a whopping $906.7 million after beating the rest of the major real estate players.

The Opus by CDL will be the rebirth of Amber Park, they were even the original builder of the former condo and have regained the ultimate rights to redevelop it all over again after securing the entire development via an en-bloc sale recently.

The whole project will be masterminded by the experience team and will be built accordingly to the fantastic size of approximately 214,000 square feet land.

The actual details of The Opus have been withheld due to the impending approval rights, thus no concrete price guide and floor plans were available to the public as of publishing date and time.

The only thing we are sure and certain of is, the location in Katong. A historically rich in culture destination that meets eye to eye of the current modern era we’re in.

A Freehold Gem in the East

It is located at an area where it is hugely desired and in demand from both sides of the camp. Locals from Singapore will be attracted by the vast amenities which can be found only in the eastern shore while the foreign communities will be pulled by the close-proximity to both East Coast Park and our World Class Changi Airport (among many others).

The location of The Opus condo will also be unmatched and almost unbeatable when the upcoming Tanjong Katong underground station is almost doorstep away for resident’s convenience. It is only a few stations away from the central prime district area, greatly reducing the time required to travel for work, resulting in more spare time for your family and friends after a long day at work.

Not only is it scoring so highly on the transport network aspect, it is also conveniently sitting across our East Coast Park, where the sea meets the beach and the park. Wouldn’t it be nice to have a quiet moment down the sandy beaches with your loved ones after a romantic dinner night out? There will also be other ground activities including water sports if you’re adventurous enough with your partner or allowing your children to have a go at it.

The Opus

If you’ve been wanting to have a freehold status home of your own where you’ll be able to have a view of the sea every morning, you are at the right place and at the right time now. Most of the units within the iconic condo will have it. Get in touch with them and find out more for yourself now!

8 saint thomas

8 Saint Thomas Condo by Sembawang Estates

egappropertyNew Developments

8 SAINT THOMAS CONDO (UNDER ONE ROOF)

8 Saint Thomas is a freehold residential development which was awarded to Bukit Sembawang Estates Limited. An investment operating firm focusing on real estate development since 1950. Some of their famous property portfolio work are recognized across Singapore.

Their newest playground, situated at 8 Saint Thomas Walk Singapore is along River Valley Road and one of the most coveted address locally due to its proximity to Orchard road. This is certainly a great asset whose worth is usually expected to increase over the next few years.

The existing site came from 2 plots of land separately, previously known as the Chez Bright Apartment and Airview Towers. They are in close-proximity to the Great World City via River Valley Road and only a few moments stroll away from 313@Somerset.

It offers residents the ease of access to the public transport network and is a location highly favoured by both locals and foreigners alike while seeking for an investment property around the immediate vicinity. Its close-proximity to nearby entertainment such as bars along the Singapore river and the Orchard Central Mall makes it extremely attractive. The community residing around this area are usually high flyers in the society and Orchard shopping belt presents the first-class experience with high-end boutiques and luxurious stores all over the surrounding area.

The builder will be collaborating with an award-winning architecture firm for this 8 Saint Thomas development by featuring 219 units of dwelling across 2 tower blocks, and layouts from one to four-bedroom option for you to choose from.

The 2 modern and luxurious towers will be 35 and 36-storey tall due to the difference in plot ratio. There will be two different direction from both river valley and Killiney area respectively and all home purchasers will have an abundant of choices to choose from according to their preference.

The official builder and architect have thrown in a lot of facilities into the condo during the brainstorming session and luxurious smart amenities within the condo includes almost Olympic size swimming pool, world class gymnastics equipment, kids play area, tennis court, basketball court, bowling alley and 24-hour professional concierge at the beck of your call. It is a super dream home for many people with their families and loved ones.

On top of that, Sembawang Estates has been a reputable builder for many years of track records on their quality home, so buyers will be more assured of during the unit selection moment. If you have been to this location, the score on the convenience and connectivity will be able to justify the price tag against the value of the home in this development.

8 Saint Thomas Condo will reach completion very soon and will be fully operational with smart technology attached to this unbelievable property.

So please, if you are really keen to purchase one or many condo units for long term investment from this new project, you will have to move your hand and leg fast enough to achieve it.

Real Estate Frauds

Common Real Estate Frauds that you must be Aware of

egappropertyReal Estate Frauds

Real estate frauds have become very common today. There are a lot of cases being reported every single day about the people are being cheated and robbed of their properties or hoe they lose the properties to unknown persons. Here we are listing the different ways in which real estate frauds can take place, and it is important that you are aware of what you are doing. There are five possible ways in which real estate frauds can happen. The following is the list of the five things due to which people are being cheated.

Real Estate Frauds

Delay in projects:

In case if there are traces of any frauds happening, you may find that sellers may delay in finalizing the projects or in case of construction the builders might delay the project. In such instances, the buyer must be aware of the reason as to why the project is getting delayed. There could also be a genuine reason for the delay. But as long as you aren’t justified with the delay, it is better that you have a conversation with the concerned person.

Delay in approvals:

Delay in approvals is similar in nature to delay in projects. But the two things happen during different time periods. Project approvals happen during a much early period where the person is yet to begin the project. This can happen when the person has unnecessary financial expectations from the potential buyer.

Ownership frauds:

This is one common type of frauds that are quite prevalent in the market. In the ownership frauds, the title of the property is under dispute and the person selling it hides the issue and sells it to the buyer. In some cases, the buyer will be held responsible for buying a property that is owned by someone else. This is a prevalent type of fraud in the real estate market

Unrealistic offers:

You should always keep in mind that all sellers require margin and it impossible to offers that are beyond a limit. Against this law, if a person is offering discounts, then it is the time that you watch your foot. They are high chances that you land up in trouble. So unrealistic offers are not a part of the market that is as rich as this.

Income from the investment:

Just like the above cases the seller or the builder might come up with business offers that are irrelevant to you, and also they promise reliable returns from them. If you have been a part of the real estate business and if you know the up and downs of the industry probably you might not fall prey to it. But if you are a first timer there are high chances that you might lose track.