The tiny yet mighty Singapore in ASEAN is becoming an extremely important hub for multi-national businesses, financial sectors, educational institutions, advanced AI job placement as well as tourism. As such, many talents from all over the world are being attracted to this wealthy city state, new real estate projects were also flourishing over recent years in order to fulfill the requirements of new migrants aspiring to live a comfortable life here.
The Iveria condo is one such upcoming project in Kim Yam Road that aims to offer you a luxurious lifestyle. It is an excellent choice for those who wanted to purchase a dream home property in prime district 9 at affordable rates. This new project will house 51 luxurious apartments in a high-rise building with outstanding amenities. It will also be one of the most sought-after residential projects within River Valley of Singapore.
What are the features available for potential investors?
Developed by Macly Group, the residential development will be well-equipped with modern features such as smart home device, swimming pool, tennis court, indoor gym, children’s playground and so on. The bedrooms will have ample space and the layouts are well designed with professional approaches. Moreover, every single unit will allow the residents to have an open view of the beautiful surroundings easily.
On top of that, it has good connectivity with other locations, enabling new residents to travel with ease. The Fort Canning Park located near the condo is also a perfect venue for those who are looking to venture outdoors and jogging activities. If you’re a Professional/Amateur Golfer, you can travel to the Marina Bay Golf Course for your weekend getaway too.
Leading a luxurious lifestyle
Most home investors prefer to buy a property with luxurious amenities in enhancing their quality of life. Residents of The Iveria condo will have an opportunity to live in a cosmopolitan surrounding with outstanding facilities. The project gives ways for accessing famous shopping malls, entertainment theatres, restaurants, hotels, schools and hospitals in nearby areas. In addition to that, the interior designs of the condo units will be designed with the latest architectural styles enabling the investors to know the real meaning of luxury. The site is also well-served by the Great World MRT station located on your West direction while the Somerset MRT station is only within 10 minutes away from your home.
How to book a condo unit?
Since the project is an upcoming one, keen buyers can contact the builder directly over the phone for more details. If you’re interested to explore further on the floor plans & site plans of The Iveria, you can send your queries online to the marketing agency. They can gather more information for you before you invest your money. The condo units here could be an excellent choice for corporate employees, families and other living communities to plan their new life in a world-class environment. Apart from that, this project will also have the means of getting high appraisal values in the future markets to generate more profits.
When you are home hunting for a place you will call home for your family, we’re sure that you want it to be the best one out there. The property must be able to make your life easier and train your children (if any.) to become independent while they’re developing into adulthood. In the Metropolitan City of Singapore, there are many different homes that are indeed great in what they are offering and among them, is one such real estate being developed by Frasers Property Limited. The recently announced Riviere condo by Frasers, is a rare and special private condo at Jiak Kim Street, a freehold and mixed-use development in the making.
Here are some of the beautiful facts.
Reasons for choosing Riviere as your private condo
- It is located beside the Singapore River, which makes it one of the best riverfront properties in Prime District 9.
- The Great World MRT station and the Havelock MRT station are just few minutes’ walk away, offering residents the ease of commute to any part of the city easily.
- It is near Orchard Road and other well-known places that has many local eateries that will make your life easier with more options.
- For the shopping hoppers, there are a lot of shopping malls nearby and some of them are Great World City, Orchard Central, Plaza Singapura and many more.
- Through the Central Expressway (CTE) and the Marina Coastal Expressway (MCE), it is just a short drive to the Marina Bay District that is home to not only the businesses but Gardens by the Bay too.
- Clark Quay, Mohd Sultan and Robertson Quay is within walking distance from your home where you can enjoy a romantic walk with your loved ones.
- Proximity to Singapore Botanical Garden and other major parks makes it easier for you to chill with family as and when required for a quiet respite.
- There are different schools, beginning from primary level to universities nearby that will make education easier for your children. They do not have to travel far for school.
- The total area of the condo is nicely designed with excellent landscaping. It gives a fresh air within the entire development.
- There are a wide variety of facilities such as children’s playground, swimming pool, walking path and others so that you get everything within your condo boundary.
Staying in an environment that is worth every penny
If you’ve decided to call Riviere condo your family home, you know you have made the right choice. The former zouk club site with 3 existing conserved properties will certainly provide the future generations something they won’t get anywhere else. This residential with 1st floor commercial and serviced apartment component is very well designed and spacious. It provides all residents a home that is full of amenities and everything is easily accessible in the vicinity. The environment of your condo will be luxuriously cosy and relaxed yet stunning from the beautiful fa?ade along the Singapore River.
When Singapura was born, it was only a small island with literally no other natural resources during the British colonial ruling. But over the last century and with the tremendous effort of our hardworking ancestors, we ended up opening and reinventing ourselves till we become an economic miracle and a global model of success and innovation.
In recent years, Singapore has become the most prosperous city in the entire South East Asia as well as being highly-regarded on the World Stage. This powerful city reigns modernity symbol and energy efficiency and is the perfect blend of state interventionism of private capitalism. It is currently a leading nation in many aspects such as medical health, education and economic competitiveness.
The Singapore Government had invested heavily to improve citizens employment and ending of the corruption practices ever since separating from their bigger neighbour Malaysia. Today, this country is one of the economic powerhouses in the Asia Pacific, while attracting huge investment funds globally into the beautiful city.
Speaking of which, with the vast amount of investment funds flowing in continuously, there lies many opportunities in building public infrastructures. Places of interest as well as commercial developments will be fully supported, providing endless employment to the general public. Of this, mega residential developments will also be built in advance to accommodate the expected rush of human traffic coming from all over the world.
As such, one of the newest developers coming on board from China (Hong kong Listed) will be building their first maiden project solely in Singapore. A mega project to be exact, as the entire land spreads across in excess of over 380,000 sq ft. A very large piece of land parcel in our local context, situated along Hougang avenue 2 and Florence road. This latest project by Logan Property Holdings is the latest introduction of residence in a crowded District 19, estimated to be approximately 10 minutes of walking distance to both Hougang and Kovan MRT Stations.
If you’re planning to upgrade your current home or to join in as a property investor like the rest, The Florence Residences could be the perfect option for you right now on our north-eastern shore.
The Florence Residences will be undergoing construction as soon as the remaining residents moved, it is currently sitting on the previous Florence Regency that occupies a large-scale land area. Its total floor area will certainly be more than 1.1 million sq ft once it is due for completion. A high-rise residential project by Florence Development Pte. Ltd, a subsidiary of Logan Property Holdings.
Amenities in the vicinity:
A huge supermarket chain that will remain open 24-hours is in proximity and could be access conveniently. There are as many as 3 cafeteria and food court that serves excellent food, one of the best and most affordable venue to hang out with at any time of the day.
If you’re keen on this area, you will be treated with an excellent scenery as a resident. The boundary of this development is surrounded by many low-rise structures and therefore, the new homeowners of this place will be able to enjoy the 270-degree unblocked views outwards.
Fitted with more than 1,400 households here, there will be something for anyone who is looking to purchase. Stay tune as it will be coming to you in 2019!
As far as real estate in Singapore is concerned, normal people like us only wanted to buy a new apartment that comes with an excellent location for reaping more benefits in the future. Due to the brainwashing of every other property agent’s slogan; Location, location and location. It has come to be the national standard for homes ever since the property boom in our local market.
It does however hold some water though, as ordinary people slog their butts off in the office/or at work from Monday to Friday and some till Saturday, every single moment became such a rush at the end of the day, thus by being able to own a home in a convenient locale for your family became so critical in our tiny city-state.
There are indeed many residential projects in Singapore that will deliver the needs of these home buyers with excellent connectivity as mentioned in our other blog posts. However, it is still necessary to pick the best one out there that offers you the most valued package among the sea of projects around the island. Nevertheless, we managed to stumble on a near forgotten gem which we had already covered in the earlier months of the year.
Without further ado, let’s welcome the following…
The recently made known Haus on handy project by City Developments Ltd could probably be the ideal condo based on our analysis. It is not only situated in a prime district area that offers you some amazing features, latest architectural design and connectivity, it will also be very attractively priced to sell when the cost of acquiring the land is not as high as per anticipated.
CDL won the tender with $212m in Jan 2018 for this 51,000 square feet land parcel after out-bidding the rest of the developers. They have since decided to build an exclusive residence with only 188 households on three towers. This new project will comprise of only a few selected configurations in one to three bedded layouts during launch. It will certainly be a near perfect scheme for those hunting for a value buy in the orchard road vicinity.
The architects involved will provide solutions in exploring more usable space for the residents among the myriad of in-house amenities, a very much preferred option for the local home buyers seeking a higher living standard for their off-springs. They are a perfect choice for the modern lifestyle allowing any potential investors from taking advantage of the first-mover dominance in the Dhoby Ghaut precinct.
Facilities available nearby
On connectivity wise, Haus on Handy is only opposite the MRT Station, bus stops and plenty of shopping malls, allowing all non-driving residents to commute without any worries. In addition, property investors would be pleased to enjoy the high rental returns coming from students’ profile in nearby learning institutions. They include the likes of Lasalle, NAFA, SOTA and SMU.
Wouldn’t it be very exciting to be raised up in such a living environment where everything is within easy grasp?
Singapore – In the past year, unsold inventory of brand new private residential units has been depleting noticeably by 56.0% to just over 11,000 units, between the second quarter of 2015 and the second quarter of 2018. Particularly geared towards new condo units, the unsold balance of non-landed properties in Singapore had seen a significant reduction since its last high in 2015.
The recent data released indicate the current lowest level since the beginning of third quarter 2016. With that being said, the constituting 31% of total unsold private real estate assets is currently standing at about 33% of the entire area in Singapore.
Somewhere against the backdrop of Singapore’s private housing market lies a general mixed-bag price performance. Based on new private residential projects of different segments in the market, and there may be better terms for recovery that may be swiftly emerging from the local market.
As evidenced from some key market indicators, it’s just opposed with a favourable and highly commendable recovery in the total new sales of completed condo units such as 8 Saint Thomas Condo located at St Thomas Walk, Orchard Road District 09. So, what does it mean for sub sales and resale going forward?
With the wealthy city state’s sub sale and resale transaction volumes hovering around 1,371 units sold in the second quarter of 2018, it’s comparable to the quarterly average of 691 units sold in 2017 at 68% higher – 465 units. These resale transactions reflected a high % of total sales in local market, which is showing signs of rising interest in value buys of completed condo especially those found in ultra-prime districts.
From a broader price trend market perspective in the real estate market, they are still not fully out of the woods. Amidst the imposing of new property cooling measures, the room for steady economic growth in Singapore is a cautious sentiment especially towards the primary segment.
With that being said, a brand-new revival plan seems to have emerged, ever since the first half of the year 2018. However, after more than 4 years of price declines over 15 quarters, the overall prices in Singapore have been constantly showing gradual increases till the government intervenes with further measures in July 2018.
Despite the trend of a torch burning bright over Singapore in the new project development, the expectations remain low till the end of 2018, it might be the best year Singapore has had from 2017 till now. Moving forward, opportunities are endless as to how the market will turnout, but for the newer properties, future remains bright.
If you’re currently home hunting for your boy’s consideration in mind, you’d realized you’ve aged so significantly and that your grown-up boys will soon become a gentleman for their respective wives. Their first matrimonial home should ideally be in the same neighbourhood as yours, sounds cliché but essential as time goes by. We take a look at the list of possible factors that are contributing to the decision-making process.
- The environment – A good and friendly neighbourhood should be praised. A priority in many aspects such as the cohesiveness of your immediate neighbours.
- The safety issue – Will the precinct provide a sound protection barrier for your daughters-in-law and probably your grandchild in the future.
- The price of the new home – Buying a brand new private residential asset is a long-term commitment and refrain from stretching too much of your finance should it exceeds your comfortable price range bracket.
- The space required – As a general rule of thumb, 3 bedder option would be the most logical and sound advice for any young couples looking to start a family.
- The location – subject site should be positioned in a strategic locale that is both convenient to you and your children’s new home.
Keeping all these possible factors in mind, the recent new launch announcement by our esteemed local developer Oxley Holdings Limited, will be encouraging enough and certainly is developing a sense of greatness to the overall health being of residents. The state-of-the-art project has been named as Kent Ridge Hill Residences.
Situated on the South Buona Vista Road off Pasir Panjang Road, this residential estate has many different layout configurations for different families. Although many smaller units have been planned by the architects, the new residence will also have a wide selection of spacious yet affordable homes for the first-time homeowners. However, their one and two-bedroom units are strangely compact yet spacious. They are geared towards the concept of Scandinavian, less means more. An uncluttered mess for the mass.
Quality of life
Another critical aspect, new home owners here are obviously looking for a stable and yet mid-term investment portfolio to minimize the downside risks. Besides their prevailing budget, they also have to consider the health of the family before committing to a choice.
This environment is clearly perfect not only for adults but especially for growing children as well due to the abundance of greenery available in the immediate vicinity.
Not everyone owns and drive, but this is not a worry because the neighbourhood has the Circle Line and Pasir Panjang MRT station is only few minutes’ walk away. These circle line station are conveniently connected to other major zones of Singapore. Daily commuting to and from work will not be an issue when such convenience is presented to the residents of this district 05 area. Nevertheless, Kent Ridge Hill Residences by Oxley will be among the top few best option for my boys when they are released for sale in the coming months.
Singapore – If you’re house hunting for the perfect ideal abode for your family or seeking out the best investment property choice in Bukit Timah enclave in 2018, look no further as we’ve probably found you the most reliable residential project – Mayfair Collection at Rifle Range Road (Upper Bukit Timah).
It all began from Citrine Property Pte Ltd, having acquired the ageing 124 flats of former Mayfair Gardens at $311 million, a wholly-owned subsidiary of SGX listed, Oxley Holdings. They have since planned for a major redevelopment that incorporates the state-of-the-art private home collection that will redefine our current modern luxury and wellness lifestyle living.
General information about the Mayfair Collection
The proposed redeveloping residential project of Mayfair Collection; will have aesthetically laid out functional 1-bedroom to 4-bedroom unit type to suit the needs of different family size and their budget range in comfort. The new homes will be attractively priced by the developer as reported and it will be suitable for the younger and amateur investors’ appetite as a life-time investment into a private residential property.
Our local pioneer generations will also be able to afford the easily manage price tag on this apartment as their retirement home and enjoy the pristine, green surroundings and the wellness amenities provided for within the estate. Families with growing up kids will find this development a safe and convenient neighbourhood in bringing up their children too!
The Wellness Lifestyle Living
Whatever your age is, eating good and freshly grown produce is a very healthy option. The farmer’s market, Pasarbella at The Grandstand is in proximity to your residence. The place hosts a myriad of cuisines and you will be spoilt for choices. There are mega sale of fresh fruits, vegetables, meat and seafood among many other products available all year round.
When you’re back to your residence, the fresh air surrounding your home is of a different quality and pollution-free. There is a green corridor right at your doorstep for a leisure walk, daily jog and a cycling route in the vicinity. All these little details define a healthier living and will be a bigger advantage for the home stayers rather than the “home owners”.
Accessibility from home
Most residents need to commute every day to their workplace and probably to different area on every weekends. Young children must attend school while teenagers are required to travel independently to their institutions or University. Fortunately, Mayfair Collection is well-positioned and well-connected to all these key destination via King Albert Park MRT, major arterial road and the Pan-Island Expressway (PIE). It is really that easy and convenient for both drivers and public transport passengers.
Singapore – Owning a home is everyone’s biggest dream! Undeniably, you cannot resist owning a piece of asset in Queenstown, Singapore. This is one of the finest destinations for investment in Singapore. Do you know that Queenstown is considered as the “Queen of real estate investment” in the region? This is the reason why projects like Stirling Residences is growing by leaps and bounds.
This is a brand new residential project found in Queenstown. The new condo project is a clear picture of luxury and comfort. If you want to settle down in a place that reflects maturity and richness, Stirling Residences is definitely an option for you. Sit back, and learn more about how this residential project can change your lifestyle.
What is Stirling Residences all about?
As mentioned previously, Stirling Residences is a new project in Queenstown, Singapore. The condo project was started as a part of the Government Land Sales Scheme. It plays an integral role in the Queenstown Planning area. After putting in serious considerations and harsh competition over the tender exercise, this huge project was awarded to Logan Property Holdings and Nanshan Group Singapore. They had won at a bid amount of 1.003 billion SGD. According to a recent survey, this is one of the most expensive residential projects being recorded under the Government Land Sales Program.
Knicks and Knacks of Stirling Residences Project
To begin with, this is an interesting development. The project features skyline towers with apartments that host 1 to 5 bedrooms. The project is planned to attract young couples, families and ambitious investors. Stirling Residences has a dazzling structure, it exudes a sense of luxury to the investors. The apartments are extremely spacious and equipped with the state of art facilities. This means you will have a blissful evening at home after a day of hard work and no play. Doesn’t this sound wonderful?
Pros around Stirling Residences
What makes all residential projects in Queenstown special will be the neighborhood. In recent years, Queenstown has become more famous amongst investors for its proximity to the main City Centre. You have the Margaret Drive with many new and puzzling housing projects and in the next few years, Ghim Moh is bound to be filled with more housing programs. This means Stirling Residencies is in a hotspot that is grabbing the eyes and minds of potential investors by being the first-movers here.
Stirling Residences: An Ideal option for Families
This new abode will be an ideal choice for families. It is attributed by its location, the stylish condo facade and its smart-living facilities. Investors will be joining hands with one of Singapore’s finest and renowned developers. Next, you will be able to travel in and around Singapore easily as the development is strategically located near the Queenstown train station.
This means you will have no trouble connecting and reaching other Singapore districts. It is near Marina Bay Financial Center (MBFC) and the Orchard Road Shopping Belt. These are two famous attractions that appeal to all families and investors in the country. Will you be able to resist such a hotspot? Can you say no to condos that reflect your style of living? If you answered ‘No’, check out Stirling Residences now!
An insight into why there’s resentment
Is there really resentment in Singapore’s new condo development housing market? For now, the market shows a lot of Singapore citizens may have or showing signs of resentment in the market due to the rise in prices of the private housing market and the increase in immigration. Why is this so? Most Singapore residents feel that there are many factors that could be playing a part in the rise of real estate prices, but it’s believed the increase in property prices are coming from the wealth that migrates to around 45 Amber Road, Singapore.
So, for now it seems to be a lot of persuasions and pressure by the authorities to make the public react, so they can scare the developers into decreasing and making the private housing prices to drop further in Singapore. Property developers throughout Singapore aren’t showing any signs of budging on their property prices either as competition is even taking more of an upturn.
Who’s really at fault for private condo increases?
Is it the migrators fault? No, people can move anywhere that will accept them when migrating from another place despite the price of residential housings. Actually, the fault doesn’t lie anywhere, but with authorities. The fault also kind of lies with the competitive property price market in Singapore. Is it the developers fault? Why should new project developers such as the developer of Amber 45 Condo located at 45 Amber Road lose out on competitive market prices? The fact is, developers are rightfully within their rights to charge the prices they want for their residential properties within market prices. What does this mean for instability in the real estate market? It aptly means that the government and central bank may want to intervene if they see market instability due to higher prices.
Prospects of the Singapore Housing Market
The housing market prospects in Singapore has largely been due to the fact that investors are more confident in the new development condo properties and the fact that Singapore is home to some of the world’s most expensive real estate assets. Many analysts believe that the government will begin to slow the growth of foreign workers migrating to Singapore in an attempt to cool down the ever-growing housing market and introduce more cooling measures in the property market such as putting tougher mortgage conditions into place and adding more buyer stamp duties.
With that said, the more stringent terms for new home buyers may also see the curbing of bank lending to developers or may try to restrict the number of units that developers develop on building sites. Although Singapore is considered to be a haven for the super-rich in Asia, the prices of overall real estate has seen a rise of up to 20% in 2017 and may rise a little higher by the end of 2018. With these rises throughout the year, buyers can be sure that even if there is resentment, they will surely see a rise again of about 2% by the end of the year and substantial rises a few years from now. Will there be resentment then?
3 Cuscaden Condo at Cuscaden Walk
Following the strong and massive collective sales fever and the sale of Cuscaden mansions, it has since been renamed as the 3 Cuscaden by the winning developer. This old and rundown apartment building will be torn down and redevelop into the next big thing in 2018. It will be the latest and best Prime District 10 condo in the Orchard area when the time comes. The former Cuscaden mansions was bought over by Sustained Land via an en-bloc process in 2016, they are established as well as a reputable real estate firm in the local market for many years with solid track records.
As the full details of this newest 3 Cuscaden Condo at Cuscaden Walk is not approved by the governing bodies yet, there will not be much information to share with the public as of now. But based on a close acquaintance with the insider news, this ultra-luxurious condo building will be built on a twenty over thousand square foot of elevated land.
Locale of 3 Cuscaden
Meticulously designed along with one of the top architect firm in Singapore, the entire condo development will be standing tall and strikingly along Cuscaden walk and the main Orchard boulevard road. 3 Cuscaden condo will certainly be identified easily when you’re driving pass the area.
Coincidentally, this beautiful landmark at Orchard road will also be diagonally across the iconic Wheelock Place and Four Seasons Hotel. Besides from having the Boulevard residences, Cuscaden royale and Twenty-One Angullia Park as your immediate neighbours, the exclusiveness of this neighbourhood will only belong to the few residents residing here.
With such an impressive locale of 3 Cuscaden, residents will be able to relieve themselves from owning an expensive vehicle in land scarce Singapore too. Due to orchard railway station being a short stroll away in a couple of minutes via underground passage ways, there isn’t a strong reason in owning a car for the individuals now. They can in fact contribute to be a part of the car-lite society members moving forward as Singapore age.
This new condo development by Sustained Land Pte Ltd will most probably feature only two to four-bedroom type within the entire single building. It is actually a good strategy plan by not integrating a single bedroom layout due to the higher population as seen from other projects. With the fading shadows of one bedded unit due to the perceived shoe box idea, it is certainly a good plan to begin with two bedded units going forward for all future developments.
So, if you’ve been holding out for a long time since the slump of our local property market in recent years, it is the perfect opportunity for you to enter the property scene now as we’ve witness a bottoming out correction with increases from previous two quarters ending 2017 and going forward, we would expect a gradual increase on the private property price beginning from the prime district’s high-end properties.