Singapore Property –
While condo sales have been in a lacklustre marketplace for nearly past 5 years, there’s definitely some great news amid the rise in new development as prices are beginning to rise again after bottoming out since second half of 2017. If you are wondering whether you are in the right market timing to buy a Singapore condo, then you might be in luck with the rising positive market sentiments. Singapore condo investors are looking to jump back in the bandwagon, while it picks up the momentum. The burning question on potential buyer’s mind is with the rise in condo prices; Is it the right time to buy now?
Will condo buyers actually strike it rich after investing? New developments popping up in Singapore like Park Colonial, located at 309 Upper Serangoon Road and across from the Woodleigh MRT is developing a new condo for those looking to buy during the uptick of the property market. This is a trend that we can look forward to seeing up until 2020, and with such beliefs, the market will definitely remain stable and rise higher than it is today.
The market is finally rising after 15 consecutive quarters
With the saying everything that goes down must come back up again! And this is true with the market right now for Singapore condo prices. Indicative Prices of Park Colonial set by the developers are at a reasonable price point in the rising market despite some of the leading prices based on luxury condos in the Singapore arena. With good buying judgment and proper guidance, buyers are looking to buy these local new developments with optimism for their long-term investments. After the slump, investor and buyers will certainly benefit from the rise after a near 15 quarters low of property market decline.
One of the motives for this is likely due to the fact that the property decline has been induced through artificial measures, rather than the actual experience of the market crisis.
The measures, otherwise cooling measure of the market were introduced by the Singapore government. Forestalled condo prices from rising due to the speculation of the government. Lastly it was thought that this experience in decline would be a soft landing for the strong comeback of the private property market.
Singapore 2030 condo costs to be doubled?
With the predictions of the current Singapore condo market, the rise of 8% in property price shows that the market is rising higher and stabilizing again for Singapore. With this impending rise, many savvy investors and local developers are sure that it will continue until it doubles in 2030, making it the highest real estate market that Singapore has ever seen. Although uncertain, Singapore is still a place where condo development is highly desirable, especially for all that the condo really offer potential buyers.
Ready buyers who are buying now can look forward to a great future on their investments, especially if predictions are right about two years from now. With the new people moving into Singapore especially those bringing money with them, although there will be a predicted double of condo price the desirability will still stick with potential buyer as it will become more about the area in which they choose to live….as people say location beats all.
Therefore, latest property development at Woodleigh such as Park Colonial by Chip Eng Seng and Unique Real Estate along upper Serangoon road will be highly favoured by the masses, as it is right beside Stamford American International School as well as the Woodleigh Mrt Station operating on the north-east line through to the city centre for all resident’s convenience. We highly recommend to you guys in checking it out before the price increase to a level where it diminishes our nett profit from the investment point of view.
If you are thinking of investing your hard earned money into buying a new home for yourself, you might find yourself to be in a dilemma. Thanks to there being so many options being presented right in front of you, you could be confused about which one you should go for. Even then, you would still find yourself to be leaning towards the newest 3 Cuscaden by SL Capital. By being located in a fantastic location, you would be able to find very few reasons to not love this place. Other than that, you would still like to know for sure if buying a luxury orchard condo would indeed be a good idea. If that would be the case, we suggest that you carry on reading in order to find out more about this matter.
Enjoy a great lifestyle
In terms of owning a home, there will be no doubt that you would like to live and enjoy a luxurious and comfortable lifestyle. After all, this will be the least that you could expect when you would be shelling out so much of your money. Thanks for being a proud owner of 3 cuscaden walk condo, you would be able to unwind in the swimming pool area alone most of the time. This is due to the condo development offering many facilities and amenities that would make your living here ultra comfortable. On the other hand, if you would consider yourself to be a health buff, then you will find that the fitness center and gym here would also be installed with state of the arts technology. You will also be able to take advantage of some of the most luxurious amenities in the development such as library, game room, spas, and many more.
Meet new people
By purchasing a condo unit at 3 Cuscaden by SL Capital, you will get the opportunity of meeting many new high-society neighbours. This is something which you would find it to be quite rare in today’s era. With everyone being busy with their own families and lives, they really do not feel like interacting with other people after office hour. So, thanks to this, you would be able to find like-minded people and make new friends who would share common interests with you. This will also make meeting on special occasions all the more fun and memorable for everyone.
Design your dream home on a budget
By owning 3 Cuscaden, you will be able to design your dream home on a budget with the interior designer. When you come to think about it, this would indeed be incredible as the developer has already provided most of the luxurious fittings for residents. On the other hand, if you have an additional compact space, then it would be easy for you to furnish the space without breaking your wallet. This is because you will only be working on a limited strata area. However, that does not in any way mean that you would have to compromise on your style definitely.
Save more money
Lastly, you will also be able to save your hard-earned money by getting a condo unit at 3 Cuscaden by SL Capital. Even though this might be hard to believe, it is actually very true. This is because you would be putting your money towards owning something rather than renting. Meaning you will be paying off the capital amount on your own property rather than paying off so many thousands of dollars for others. As such, life just does not seem to get any better than this if you take the right steps now.
Guocoland Latest Condo Development
Hello friends, are you aware of the latest residential development by GuocoLand Limited? It was named as Martin Modern by the developer based on the street name. As to why it is modern, perhaps it really is a very modern condo to begin with, I don’t know but let’s look into it.
Firstly, the location of Martin Modern Condo fronts both Martin Place and River Valley Close. A prime district 9 locale for the affluent community. It is in the heart of an area where residents would be able to travel by foot in order to explore the wide surrounding of entertainment options.
Places such as great world city, somerset, orchard, Mohamed sultan, Robertson quay and Clarke quay. Wouldn’t it sound exciting while you’re reading along the lines? With such a great combination of having retail therapy along the shopping belt, a myriad of local and international cuisines and night entertainment spots around you, who can resist?
If you have a vehicle of your own, it would be even better since everywhere seeming to be in close-proximity to Martin Modern. But if you’re not, you can also walk to the upcoming great world mrt station running on the Thomson east coast line for your public transport traveling.
The Journey of Martin Modern Condo
This plot of land parcel was released for sale by the Urban Redevelopment of Singapore (URA) via a public tender order. After beating the rest of the keen bidders, Guocoland had emerged as the highest winning bidder for this government site at a $1239 per square foot per plot ratio price point.
A record and setting a benchmark in the immediate neighbourhood, with such pricing entering the market, it only reflects the hunger of developers as well as the overall positive sentiment on the local housing market going forward.
Guocoland will be working alongside a top award-winning architecture firm for designing this condo as well as a top main contractor for this modern and luxurious development. They will be transforming the entire development into beautiful jungle premise experience for the exclusive residents. They will also be building only 450 quality homes within the two tower blocks to reduce the highly projected population intensity as observed by many market analysts.
So, if you are familiar with this area and you’re still sitting on the fence waiting for a thunder storm, you will probably miss this train and have to take a plane at a later stage. But if you’re not well orientated around here, please come by and experience the kind of lifestyle here before you make the decision for yourself and your family.
The Opus Condo Showroom
The Opus is open to all elements of the Singapore City, because of the development’s well connectivity via express lanes and major public transport nodes. MRT station close by will be the up and coming Tanjong Katong MRT Station which will then be linked to all track lines. Planning a trip to the Central Business Region (CBD) will take only about ten mins and planning a trip to Orchard Purchasing District is approximately 14 mins. The Opus Condo showroom will be open to the public prior to the launch of the house.
Buying your first residential property can be stressful and change your life significantly. Nevertheless, the strain that comes with investing on a home could be relieved through understanding of real estate procedures. Here are a few suggestions to better show you what’s ahead, which means that your buying experience for the opus condo will be as even as possible.
Don’t be too strong in your buying negotiations. Overly-aggressive bargaining strategies often backfire. Be comfortable with your desires and allow your attorney and Real estate agent to be there during your negotiations given that they have the knowledge in such battlefields.
When you’re considering shifting, take the time to explore the immediate region of your potential purchase in the internet. Nearly every district has lots of information on the web. Consider all the area’s demographics: human profile, employment rate, income, the maximum households with kids and the common age of the residents, before committing to a smart property purchase. If you are preparing to purchase a big and costly private home along amber road, choose a reliable marriage partner.
Qualifying for a huge loan is more challenging for an individual buyer as compared to a partnership. A partner might help with the down payment and the credit that’s needed to get you certified for a housing loan. Ensure that you appear positive towards the near future whenever you are searching for a new home as you might be childless now, but still it doesn’t harm to consider amenities such as college institutions if you think you may stay in the opus condo for many years to come.
Exercise brain flexibility when coming up with decisions. You certainly won’t be getting everything on your wish list but narrowing it right down to a couple of things you absolutely need to have can provide you a whole lot of what you would like. If you can’t find the home you need in the positioning you desire, search for that kind of layout within an alternative area or vice versa. If you are buying a property, standby some extra pocket money to ensure that you pay for those additional costs which may arise.
Buyers discover your closing costs via adding your deposit, the lender points, and the true property taxes that are pro-related. Quite often, closing costs such as corporate improvement bonds, college taxes and other factors. If you wish to have an excellent return on you’re the opus condo, do make an effort for some redecorating. The worthiness of the home increases immediately after doing this sort of work. Your worth might well raise a lot more than your initial investment.
This is the perfect time to carefully turn to property as an investment. The casting bubble providers have popped, so home prices are insane levels once again. When investing in a house for your individual use, research the true estate marketplace in your city and use a professional local agent. The marketplaces will go up once again someday, so any expense you make now could have positive returns in the future.
Move online to check if there are any criminal offenders in the region around the houses you are buying. Despite the fact being data on criminal offenders is certainly publicly obtainable, therefore don’t be too sure that realtors and home retailers with experience are obligated to provide this information to you.
Doing all your own homework is simple and is required. Be prepared for a home loan before searching for houses. It is extremely discouraging to get the perfect home and then discover you can’t get yourself a loan for this. Another cause to pre-qualify is normally that the mortgage approval process could be lengthy, therefore it’s better to be ready in advance.
Always research your facts before purchasing something such as the opus condo at amber gardens. Performing hastily and purchasing real estate on a whim is usually how you will finish up producing uninformed, regrettable decisions. Be sure you understand about the marketplace, local incomes, home ideals and details on the local academic institutions before you make a buying decision.
If you program to buy all or a few of a building for starting a business, be certain that it is in an excellent neighbourhood with ample development opportunities. You won’t have the ability to establish a sizable clientele if your business is in a rough community.
Check with your Realtor about the very best neighbourhood to open your business. By applying the ideas that you received in this post, home-buying can be easy. Be ready for a range of circumstances that may arise through the procedure of purchasing your house though.
About Margaret Drive Condo
MCL Land Limited, a member of the Jardine Matheson Group under Hongkong Land Holdings has successfully acquired a 99 calendar years leasehold land in Queenstown. Despite having a small site area of over 4809 square meters, the exact plot of land is situated along Commonwealth Avenue and Margaret Drive, within our Queenstown Master Plan Region. The site will have quick access to Queenstown and Commonwealth train stations, which is approximately 500 meters away.
Occupants of Margaret Ville Condo will also benefit from the easy accessibility to different parts of the city as they are conveniently linked from Ayer Rajah Expressway (AYE) via Alexandra and Portsdown Road. Your weekend shopping, entertainment, wine and dine will also be easily satisfied with Orchard road, Dempsey Hill, Holland Village and Wessex Village Square a short drive away.
Your family will be covered even if you have school going children as many renowned academic institutions such as Crescent Girls and Anglo Chinese College are around the vicinity. Not to mention, if you’re travelling to Central Business District for work, it only takes you approximately 12 minutes to reach. Therefore, freeing up a lot of precious time for you and your family when the rush hour kicks in every morning and evening.
Recently, MCL Land have announced and name the Margaret drive project as Margaret Ville. A highly anticipated residential development in the city fringe will be coming your way very soon. This leasehold site was made available on the reserve list in the Government Land Sales programme for the second half of 2016 and due to the attractiveness of the locale, a very strong demand was expected as it attracted a solid response from many local real estate players. It drew more than 14 bullish bids from major developers in 2016 and it was eventually awarded to MCL Land at the highest purchase price of $238.39 million to the state coffers.
This site is sitting on a District 03 rare plot that will yield a maximum gross floor area (allowable) of 22,195 square meters, equivalent to 238,905 square foot and about 309 apartments based on estimation from property analyst.
Margaret Ville Condo at Margaret drive will be a luxurious 40-storey high development, offering discerning home buyers from one to four-bedroom type configurations. If you are still sitting on the fence like the rest at home, it is the time for you to come by for a cup of coffee with us. Don’t miss this opportunity for your loved ones if you have already missed both the Commonwealth Towers and Queens Peak residential project in recent years. Queenstown will surely be a great community for your family living!
If you are a foreigner planning to relocate to Singapore for whatever reasons you may have and would like to seek professional assistance. Please do not hesitate in contacting us for a non-obligated discussion or to register your kind interest online. Our staff will reply to your inquiry in a prompt manner. See you soon!