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Tampines Ave 10 EC Lot attracts seven parties to bid

An executive condominium (EC) site in Tampines Ave 10 was closed today, and a consortium of Hoi Hup Realty and Sunway Developments topped the list with a bid price of $434.45 million.

The consortium just marked another EC site in Canberra Link in September last year and also launched Rivercove Residences, the only EC project last year.

The results of the tender announced by the Housing Development Board show that the Tampines Ave 10 EC has attracted seven parties to bid. The price tag of Strait Industrial and Sunway Development is equivalent to a floor area ratio of 578 yuan per square foot. The second highest bid for MCC Land is equivalent to 574 yuan per square foot.

The total floor area of ‚Äč‚Äčthis 99-year lot is about 69,815 square meters, and about 695 units can be built.

However , some believe that the Marina Bay project is huge, but in the past two years, many developers have actively purchased land and resources are relatively limited. If the Binhai Jingdi section is launched for bidding in the next few months, the developer bidding situation should not be too intense. It is estimated that there will be four to eight parties participating in the bidding. The highest bidding price is equivalent to the floor area ratio of $1426 to $1600 per square foot.

The risk of rising interest rates and Sino-US trade tensions is now increasing, and developers should be more cautious when bidding.

375 units sold in two days, Piermont Grand set EC price record

This year's first new executive condominium (EC), Piermont Grand, sold 375 or 46% of its units in the first two days of the opening from 17 July 2019, with an average selling price of $1080 per square foot, setting a record for the highest price of EC. .

The Piermont Grand in Sumang Walk is jointly developed by City Development (CDL) and TID.

Urban Development issued a statement on Sunday that as of 6 pm, 375 of the 820 units were sold, making it the best-selling real estate project this year. The project has three to five bedroom units ranging in size from 840 to 1701 square feet with a starting price ranging from $888,000 to $1.58 million.

According to the statement, 245 units of buyers are the second home buyers, accounting for about 30% of the total number of units. According to the current regulations of the Housing Development Board, 30% of the units at the time of the opening of the EC are reserved for the second home purchasers. As a result of the full amount, the second home purchaser who could not buy a house this time can purchase from the remaining units after one month.

The last launch of the EC project, Rivercove Residences, sold about 500 units at a record price of 965 yuan, about 80% of the total, when it opened in April last year. Now 628 units have been sold out, and the median price is about $1,000.

Excerpt of latest review by newlaunchguru.sg - One Meyer

This is the digest based on the latest review of One Meyer condominium by newlaunchguru.sg.

The highly desired new launch condo of quarter 1 2019 has finally arrived! We are referring to One Meyer, a super rare luxury freehold condo project situated right in the center of District 15 East Coast, one of the most prestigious and upmarket districts in Singapore. Not only that, this new launch is also one of the few condos in the area where residents can have stunning sea view without being disturbed by noise from highway, thanks to the Katong Park standing in the front.


According to JLL who participated in the purchase of One Meyer, this was the 1st time the residential property was put on bid. This attractive area received bids from over a dozen property developers ranging from small to big firms. Many factors could have led to that situation. In the first place, One Meyer is well located adjacent to the future Katong Park Station target to operate in year 2023 which is part of the Thomson East Coast line. Next, the site has a seafront and terrific clear view of the Katong Park, only five stops away from Raffles Place and Shenton Way. This enables the future residents of One Meyer, e.g., cyclist, to access the CBD via the cycling track of the beach. Sustained Land Ltd successfully won the bid with the price of S$69.1 million. (Under|According to|Based on} the Master Plan, One Meyer site occupies 23,400 square feet with the gross plot ratio of 2.1, and its land rate is estimated to be around S$1409 when the development charges are factored. Sustained Land is going to to re-develop the ten storey high One Meyer into an 18 to 24 storey high housing up to 65 units each having an average size of 753.5 sq ft. The GPR is going to increase from the current 2.09 to 2.1 if they obtain authorities' approval.


 

One Meyer is located at the junction of Meyer Place and Meyer Road in Katong, a place known for many private properties. Lots of transport options are available to get to One Meyer, be it public or private. Long travelling time by bus to other places of Singapore will be saved with the operation of Thomson-East Coast Line by year 2023. At that time, Katong Park MRT is next to One Meyer condominium. Driving to many places of interest in Singapore is also pretty fast with Singapore Sports Hub less than 7-min and CBD/Changi Airport less than 15 minutes via ECP. Although 23,400 square feet is not considered as a big condo project, One Meyer provides privacy and exclusivity. This one block condo with the glass-facade look will definitely become the brightest star in Mayer Road. With reference to price list of 2-bedrooms, One Meyer should be a good buy if it is launched about S$2300-S$2400 according to comparative market analysis. A 99-year leasehold condominium Seaside Residences which is transacted at average of S$1900 per square foot, is located in Bayshore, right at the opposite end of East Coast.

 

Talking about things to note - as a not-so-big condominium translates One Meyer may not provide so many varieties of facilities which other bigger projects offer, like the nearby Waterside.

Read more on One Meyer news at The Business Times

Amber Park Condominium by CDL - Minutes walk to East Coast

City Developments (CDL) and Hong realty (a subsidiary of the Hong Leong Group) have acquired ownership of Amber Park Condo in the collective sale in Singapore. Although the collective sale attracted big players in the industry, CDL managed to win the bid with Amber Park Price hitting about S$907 million in single of the biggest JV in the local. The sale price of Amber Park CDL represents a land ratio of approximately about S$1,500 per square feet per plot ratio based on the the allowable GPR of 2.8 with no development costs on the redevelopment. Hong realty and Cityzens Development list the 200 units involved with Hong real estate owning a 20% stake of the project. Based on the 2014 master plan, Amber Park site area measuring 213,670 sq ft is a place for residential purposes. Each of the individual owner of the condo will receive gross sales proceeds averaging from S$4.3 million to S$8.3 million. Being the original developer of the former 200-unit Amber Park condo built in 1986, CDL state that they understand the most what is suitable for the area. The developer intentions to redevelop the site to house luxury condos comprising up to four 25-storey buildings with approximately 800-unit plus basement car-park, a concept pending review and agreement. According to CDL, many of the units at Amber Park will be designed with a North-South facing orientation which allows the future residents of Amber Park to enjoy the awesome seaview. The upcoming iconic landmark is posed to be a perfect investment deal in the residential Market of Singapore. The unique development place will be beneficial to both investors and CDL for the fact that 999-year condo in Singapore are scarce. Upon fulfilled, the Amber Park definitely provides an ideal area for families who work in the area to pocess an awesome living experience.

Amber Park condo locates in an established zone making it a highly sought after area. With several concurrent projects in the same area, it very likely will give way many benefits to the residents. Additionally, the strategic location enables Amber Park to have the wonderful connection to other places of Singapore as well as access to many amenities. This zone is widely referred to for its rich cultural heritage and foods haunts, and is minutes away to malls such as Parkway Parade and I12 Katong, and high-regarded schools such as Tao Nan and Ngee Ann Primary, Tanjong Katong Primary, and CHIJ (Katong).
Amber Road, as well as the surrounding private residential area, has long had a loyal following, from both locals and expats because of its location: minutes walk to the sea and to East Coast beach, and not more than 15 minutes drive from the Raffles CBD, Marina Bay, and Changi International Airport. In addition to appealing locational attributes, a distinct advantage of the place is its freehold status, something which is becoming increasingly rare in Singapore, said Mr Sherman Kwek, CEO-designate of CDL. With all these factors as well as the stunning sea views, and its proximity (290m, within 4 minutes walk) to the upcoming Tanjong Katong MRT station by year 2023, nourishing demand is anticipated for this condo.

City Development Ltd is a major real estate developer that operates in a few locations around the world. The Singapore listed company has established its presence in 100 locations covering 28 countries as well as territories. It is also one of the largest companies in terms of market capitalization with a stable income and a varied portfolio which covers serviced apartments, hotels, offices, shopping malls and integrated developments. The developer has operated in the real estate field over 50 years providing services in real estate management, investment, and development. So far the developer has constructed more than 40, 000 houses and it owns a total of 18 million sq ft lettable floor area world wide. Its key localities of operations include Singapore, Australia, Japan, UK, and China. CDL’s London based and listed subsidiary, Millenium & Copthorne Hotels plc is a leading lodge chain across the world. It has more than 135 hotels globally situated in major gateway cities. With 50-year proven track records, the group has constructed more than 40,000 homes world wide and bagged many prestigious awards, for example, Quality Excellence Awards, Building and Construction Authority Awards, Workplace safety and Health Awards, etc. For over 20 years, CDL has been pursuing green innovations to develop bold and inspiring green buildings for a brighter future. With such proven reputation, future home masters of Amber Park condo should expect a luxury freehold condo to live in upon completion.

Find out more: Amber Park Contact.

Solid Advice For Buying Your First House

Real estate market is extremely conscious on policy changes like loan ratio and also land costs. Interest rates for sure may pithily swing the variety of purchases that are fulfilled during any quarter of the year. When viewing Haus on Handy condo, increasing interest rate may decrease the purchases, on the other hand rate reduction will certainly help the purchases of realty. This is an essential reality in the real estate business as this should tangibly result into movements in revenue from the purchases that can be gained. With this in mind, the time to buy a property that shows up spare might be when the real estate market is cold. A hot real estate market will make a condominium worth much more, as their earnings will be higher in this time. Of course if you follow this technique, you will have to suffer downturn in the marketplace. An supplementary consideration the purchase or start-up a realty company is the state licensing needs.

The majority of states have serious demands for real estate representatives and brokers. These state mandated steps to an occupation in the real estate organisation must meet before a business may be acquired. This is not a business that could be tipped into by merely paying out some loan.

A representative can have the objective of having his own firm, pouring considerable efforts into it. When a prospective proprietor has these actions out of the means, discovering an existing company to acquire will certainly be in order. A quick check of property company genres exposes that they are commonly discovered in larger cities and also the asking rate is considerable. There are additionally resales of franchise firms. Just typing into an online search engine, "Property organisations offer for sale", developed this quick check. A purchaser could also talk to business brokers as well as actual estate agent in his city. An in place real estate business is benefits as the name is already referred to and will obtain potential buyers due to this. When you start a business from the ground up you may not pocess the edge. An existing business with a number of areas will likely come with a higher rate tag than what you might begin your very own business.

Another procedure to acquire ownership would certainly be purchasing into an existing company. That may work if you have a powerful connection with the existing master. The problem is you will certainly not have the last say in a lot of choices.

A real estate firm might grow professional in purchasing as well as marketing company residential or commercial property, farmland as well as ranches, farm item processing plants, rental properties and also shopping. Actually a broker might reduce out a specific niche market that are generally free in the actual estate business. Some real estate businesses have designated team that manage certain kinds of real estate advertising.

If you want to know more on Dhoby Ghaut, where Haus on Handy is located -

Dhoby Ghaut is a area in Singapore that often refers to the Dhoby Ghaut MRT Interchange a major interchange station on Singapore's Mass Rapid Transit network. As a place, Dhoby Ghaut lies along the eastern end of Orchard Road and is twinned with its namesake in India. There is a shopping mall above the MRT station called Plaza Singapura.

Until the early 1900s, the dhobis used water from a clear stream that flowed into Sungai Bras Basah, now Stamford Canal. This stream now exists as a large drain beside Handy Road. The ghats, or steps leading down to the stream, were demolished when Sungai Bras Basah was canalised. The dhobis would then dry the laundry at Dhoby Green, the open park bounded by Stamford Road, convenient Road, Bras Basah Road and Prinsep Street.

For Blog owners to increase traffic to his sites is Guest blogging

one custom for Blog owners to increase traffic to his sites is  Guest blogging. Guest bloggers offer to write content for other, similar blogs in her industry as guest bloggers. As a return, they receive links to her own blogs. They could also have the opportunity to promote her own names and blogs in their selected industries.

Unless you are already legendary and carry a big brand, you will have to start small. Highly visible sites will not jump at your offer to jot an unsolicited post for them if you are not well referred to in your industry.

A decent system to promote a blog is by doing Guest Posting. By doing so, you can find the blogs in your niche who accepts guest post. The next thing you should do is to notify them to publish your guest post.

Like many of things in the world, the highest sites which accpet guest post have specific rules for guest bloggers to follow. E.g., guest post should be relevant to their niches, e.g., home improvement guest post in this site only accept real estate related posts. It cannot come from competitors. The post must be original. It can not be published somewhere else. You can put a link or two but not to spam to post for self-promotion purpose.

Once you meet these requirements, you are ready to go! joyful blogging!

Parc Esta - Advice For Making Much Better Choices In Purchasing Real Estate

Advice For Making Much Better Choices In Purchasing Real Estate

Parc Esta, a new condo launch by MCL Land, is conveniently located at the crossroads of Eunos: Jalan Eunos, Sims scheme and Changi Road. This about to happen condo in District 14 comprises 1,399 units ranging from 1-5 bedrooms, all North-South facing.

Strategically located at the suburbs of District 14 in Eunos, Parc Esta is within minutes away from major bus highways and Eunos MRT, connecting you to many parts of Singapore.

Driving is also hassle-free as Jalan Eunos will connect you to pie and ECP, giving you more options to travel to any part of Singapore at your own pace.

Living in Parc Esta will also open you to a wide variety of leisure, education, work and dining facilities close by, you will be spoilt for choices.

Check out the newest Parc Esta Price or available units. Book an Appointment to conviction Parc Esta showflat and get Direct Developer Price + Discounts.

Nestled at the junctions of Jalan Eunos, Sims manner and Changi Road makes driving to and from Parc Esta effortless. Even if you don’t drive, Eunos MRT is simply a 3-minute walk away and Eunos Bus Interchange is also right next to it. Bus stops are also conveniently located beside Sims strategy and Changi Road.

Spend fewer time travelling to work with Paya Lebar central and Viva company Park nearby.

Chill and relax at East Coast/Marine Parade/Katong, only 6 minutes drive away from home.

Many great and reputable schools are also within close distance: Tao Nan School, Tanjong Katong Girls School, CHIJ Katong Convent, St Patrick’s School and Victoria School/Junior College simply to name a few.

1 bedroom + learn has a overview room large enough to be converted to a guest room. 2 Bedroom + overview room may be used as compact 3 bedroom. Wide balcony provides ample space for you to chill and relax without feeling clustered. owner bedroom is spacious for 3 and 5 bedrooms even after the addition of built-in wardrobe. Exclusive to 5 bedroom only, a private lift taking you right to the doorstep. To get the PDF version of the floor purpose, you can download the full Parc Esta Floor Plan here.

Parc Esta is reasonably priced comparing to nearly new launches. The quantum for 2 bedroom is the lowest starting from $1M. A similar new launch, Park regal, is going from $1.15m even though the unit size is smaller.

Moreover, for buyers looking to live near Paya Lebar national but unenthusiastic to pay for upmarket pricing (close to $2,000psf for Park area Residences) , Parc Esta is tangibly worth considering, noting that new condo supply is rather limited in Eunos area.

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Ask a Real estate agent, and you will get a loud, "YES!" hypothesis any news network and you will sink into the doom and gloom forecasting that will have you assessing each penny you invest. While you should certainly learn to overview your local sincere estate market, it is much more important that you gain an even much superior presentiment of your personal finances and lengthy phrase goals.

You might be inquiring, why an additional investor ought to be intrigued to buy a house or spend for an arrangement. promisingly, because not all investors do what you do looking for possible investment home. Some simply require to buy and spend a charge.

Some employ a real estate agent or search business to conduct a lookup on the home they want to purchase. Real estate agent are extremely willing and experts in investigating on sincere estate expense. They have all the sources required to carry out a lookup. All you want to do is to give them the deal with of the home you want to have a search on and in return they will give you the details you need. The large drawback is the costly expert charges.

Now, if that had been your Primary Residence (the location you really live), and you experienced lived there all that time, you would make that profit tax free. The exact same revenue stumbled on on the Stock Marketplace would be check here topic to regular taxes, which absolutely sucks, because you were the one to make investments in the first location, and you had been the one to take the probabilities, but, them's the laws of the land - what are you gonna do?? that right, Jade Scape Singapore! Ha,ha!

I'm going to display you businesses that you may start with little danger, little or no cash down and the prospect of creating what I express with "walk absent" cash movement --money that flows to you whether or not or not you show up.

The other thing that is key to a comfortable retirement is that the properties you obtain previous to you retire might be paid off before your definite retirement date, if you have 1. If you're residing hopefully on your normal earnings (not including the rental income), then you may put a bigger part of the rental earnings straight on the Principle of the rental property home loan. This will give you a better month-to-month 'income' later on.

These times, getting a rental in desirable locations is also a worry. For some, rentals are lowly once they set up a rapport with the landlord. For others, the partnership is always tumultuous. Both the landlord has too numerous demands or the tenant is usually complaining.

Simple Tips For Purchasing Your Dream Expense

Simple Tips For Purchasing Your Dream Expense

If you make of you are a realtor or realtor want-to-be, and you’re not plugged into the industry, sure you know you can’t be great at your jobs. But you also can’t start a real estate business if you’re stuck behind a pc spending hours each week reading. It’s important to get the industry news, trends, and marketing advice you need concisely, so you can get back to what real estate is all re -- helping your clients.

If you’re looking for insightful real estate information you’ve come to the right area. Here are division of selected blogs which regularly provide knowledgeable content for both the novice and experienced real estate professionals. These real estate experts offer a wide array of advice such as investing in real estate, property management tips, and different ways to generate leads.

Pick five of your favorites and commit to following them every week. You’ll feel more connected to your industry and have the ability to offer more value to your patrons. happy reading!

Real Estate Blogs every Realtor can noticed in 2018
1. Zillow Porchlight
Best for: Homebuyers

This consumer-focused blog gives customers a good pulse on what’s hot in housing and rental markets, how to build home equity, and what they may know as regards new legislation affecting homeowners.

Must-read post: What You desire to Know regarding the Fair Housing Act

2. CRE Online Blog
Best for: Real estate investors

Have an ear to the ground on what real estate investors are acting on in the current market. CRE Online offers tips on avoiding common real estate mistakes, mastering rental properties, and choosing an investment means that’s right for you.

Must-read post: Real Estate Investing in the Age of Bitcoin (and Other Cryptocurrencies)

3. McKissock
Best for: Real estate agents, real estate appraisers

Want to grow your appraisal skills and real estate career? McKissock is a great place to start. Learn in respect of real estate tax laws, appraisals of specific home types like senior housing, and even how to balance parenting with a real estate career.

Must-read post: nightmarish Encounters from Real-Life Appraisers

4. Keller Williams
Best for: Real estate agents

Gathering leads, real estate marketing and personal branding, and even training opportunities -- Keller Williams’ Blog has it all. Get inspired with hand-curated TED Talks, learn as for the the highest recent in real estate regulation, and find out how to grow your business on this macro blog.

Must-read post: 10 Ways to Take Territory in the Fourth Quarter

5. Fundrise Education
Best for: Real estate investors

Whether you’re making your first or your 15th real estate investment, Fundrise has cooperative how-to articles and opinion pieces to help you make the right choices for now and tomorrow.

Must-read post: The most Important studies to Ask Before You Invest in Real Estate

Note: Specific reference for the real estate information 49688403 - 73518911.

Other real estate blog that you might be interested.
New Launch Guru will one out TOP 5 unsurpassed rated investment properties are reviewed here and we believe they stand a bigger chance of making you decent profit in the next 5-10 years’ time compared to the rest developments in the market. Stay tuned if you want to hear more with respect to the recent hot new launch condo JadeScape, which for sure will have its own appealing points. And check out Treasure At Tampines condo - it will beome a hit in real estate market.

Real Estate Purchasing Suggestions For Any Buyer

Real Estate Purchasing Suggestions For Any Buyer

Whether you are marketing your home alone or with a property agent, there are ways to improve the success rate of retailing in any kind of market.

Rule 4 – Identify your potential target market

Have you identified whom are potential target market of your home? In the market, there exists most sub-segments of buyers who are looking out for a property to purchase. young couples, retiree, en-bloc buyers, HDB upgraders, investors
singles, petite families, big families and numerous others. By identifying who the target market is – it allows for more careful and precise marketing.

Rule 5- Let your potential buyers find you
Once you have identified your target market, you could now design your marketing activities which focus on reaching out to your target segment.

There are 3 things you desire to do at this stage:

Set your marketing budget (refer to below table) if you are DIY seller, or leave this to your agent if you are hiring one

Majority of buyers today are searching The Tapestry Floor Plan through internet, hence you desire to get your section noticed on various online property portals – Property Guru captures bulk of the on-line searchers (maybe 60-70%) along with other desirable sites, including SRX, ST Property, 99.co, the edge properties, etc.. (around 30%-40%).

Take some nice photos of your house, engage professional photographers for Virtual Tour or Videos will make your ilk stand out from your competitors.

If your target market is retirees, however, you may require allocate more marketing budget to newspaper advertising as these groups still prefer papers.

Craft marketing message that attract your potential buyers and highlight as numerous USP (unique retailing points) of your units as possible.
There is no perfect unit. Flaws will always exist and buyers will try to find certain faults. A good real estate agents are able to highlight all the good points that outweigh the flaws. With defined target segment, they could bring buyers attention to what values the most to them. For example, for couple looking for a great school, her top priority is always the 1km radius property The Tapestry near the school.

Rule 6 – Ready for the Show

If you have done all the above 5 steps right, you can start receiving make contact with calls to ask for viewings.

When there’s an open house, take your relatives out. If you’re the direct seller, you may stay but the other members need to vacate the premises for that period of time. It’s difficult for the potential buyers to imagine himself living there when the whole kindred hanging around in the space.

It’s advisable to convert on all the lights, the fans, the air cons or even some background music to set the atmosphere right. You require the buyers to feel comfortable and relax. The longer your buyers stay inside your house, the higher chance they will make an offer to you. Note: Specific reference for the real estate information 12848327 - 26957222.

Detach yourself from the memories that you had over the years with your house. Understand if the buyer wants to demolish the feature walls you love so much in your living room, you should not overly influence their decision. Similarly, don’t get offended if the buyer quotes you a low-ball figure. When we are buyer, we will do the same to get the best deal The Tapestry Site Plan if possible. Counter with your offer and take it from there.

I dream this article will benefit to all potential sellers. If you are having difficulty to sell on your own or facing challenges with your current real estate agents, feel free to reach me for a 2nd opinion.

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