District 19 location of the new Florence Residence by Logan

If you’ve been curious to find out more on the location after hearing from different sources pertaining to the latest residential development in Hougang, you are on the right track as we will be unveiling this gem to you right now. But let’s be clear, if you have been on the market searching for a long time or have been waiting for your “perfect” home, you will surely be disappointed once again as there won’t be any perfect home unless you built it yourself on a perfect location. Even so, it will come at a not so perfect price.

Sourcing permanent accommodation in Singapore will depend highly on several factors but especially on these two: your economic prowess and the districts in which you are interested with. We’ve seen a surging number of expats shifting over to District 19 in recent years and it really has a complete environment for the new residents moving forward.

This place offers you a guide to the different districts that make up the wealthy city state, the characteristics of each neighborhood area, the type of housing option that you can find and their estimated price range. In addition, a series of resources on hand will be of great help to the community.

The Florence Residences is sitting on Hougang Avenue 2 of District 19, a well-established private enclave bestowed by the previous Florence Regency, a HUDC turned private residential development. It is situated right next to the low-rise landed properties across Florence Road to the Park Villas and beyond. On the other hand, residents will also be blessed with additional swimming complex, sports facilities and a stadium for usage just across the road from home.

Nearby amenities such as renowned 24-hour food stalls can be found easily and conveniently, while the area is being covered with both Hougang Mall and Heartland Mall in the vicinity for weekly grocery shopping.

One important aspect of this location will be the low-lying infrastructures surrounding the subject site and in return, there will be a wide panoramic angle of unblocked scenic view for the new residents.

Transportation Node

If you’re worried about moving around to and from work, there is enough means from the bus interchange network plying the important routes into the City Centre and so on. Apart from that, Hougang and Kovan MRT Station nearby will be serving residents on the purple colored North-East Line. You can reach Harbourfront on this stretch of running trains while having the option of branching out towards Buona Vista, Paya Lebar or Marina Bay via the Circle Line along the way.

If you’re a frequent flyer for business or for leisure, you would be equally pleased to be able to reach our Changi Airport faster than reaching out to our dear Orchard Road. So how’s that for a location?

The Prime Districts of Choice for Newly Developed Condo

Throughout Singapore and amid the noticeable unweakened expansion of newly developed condo private residential stock in the city-state and the inherent extension of transport networks, many potentially new home buyers are certain where the right condo realty is. Potential home buyers in the Singapore private condo housing market are presented with vast choices beyond the Central Region in the Singapore condo market.

However, the allure of New developed condo units is in both traditional prime area and ever growing new prime districts 9, 10 and 11 remains largely ideal as most buyer’s central location. These locations with apartment buildings such as 8 Saint Thomas located at 8 St Thomas Walk, boosts a greater convenience with a vastly rich array of amenities and these districts are home to some of the most prestigious addresses in Singapore.

What does it mean for new condo unit growth?

While Singapore developers have been building these prime new condo developments for potential buyers, these home buyers has been taking the opportunity to capture newly developed condo at lower prices since there may be an increase later on. With the government imposing of the Total Debt Servicing Ratio (TDSR) ruling, this will make the transaction volumes of non-landed properties in districts 9, 10 and 11 with 3,400 units in the first eight months in 2018, ultimately translating to 283 or more units per month with growth. This will be higher than 40% in the previous years starting from the beginning of 2016, which showed an average of around 200 units per month in developed unit growth.

An assessment of what makes them prime districts

By taking the three districts 9, 10, 11 and comparing it with the newly recognised prime area of 1, 2 and 4, total transaction volume for newly developed condo for the first 2 quarters of 2017 was close to 1,900 units, which is arguably over 40% higher with comparisons to H1 2016 of nearly 1,300 units. The prices of these newly developed condo units have similarly shown that there is a stronger upturn across all prime districts around Singapore, despite districts 9, 10 and 11 presenting higher growth on a quarterly basis in all of 2017 collectively.

Does this change the clarity and confidence in new developed prime condo units in other areas around Singapore?

Throughout Singapore and set against the atmosphere of new developed condo unit investment risks and rising prices of the prime residential properties outside of desired prime locations which are key districts in Singapore, these districts are widely regarded as safe haven districts for Singapore economic growth and political fundamentals for Singapore.

With that being said; What ultimately remains on the board for both individual and developer property investors? Both will get the true transparency and comprehensiveness for upcoming new development private housing condo plans, and clearer outlook of a new property cooling measures which will be imposed by the government, also the efficiency to better actualize these development plans for the condo buildings, as these are strong measures that Singapore real estate market and government still delivers to instill due clarity and confidence in new real estate projects and prospects around Singapore.

The Best Condo Choice for Small and Large Families

Contrary to many popular disbeliefs, when you and/or your family are intending to purchase a new private home for whatever reasons, there are probably many obstacles and concerns before making any decisions that may come back to haunt you in the years down the road.

You will have to consider the proximity of all nearby educational institutions where your school-going kids will be studying or your children’s office location where they commute to work shouldn’t be too far and difficult to reach on a daily basis.

The residential neighbourhood must be in a safe district, abundance of fresh air without pollution, adequate sunlight for your wet laundry and a whole lot of recreational facilities in the vicinity. Therefore, the redeveloping project on South Buona Vista Road (Kent Ridge Hill Residences) win hands down comfortably on all aspects.

kent ridge hill residences at south buona vista road

It was a positive and strategic move when Oxley Holdings acquired Vista Park in a collective sale for $418 million. Their sister company, Oxley Spinel Private Limited will be taking over and redevelop the entire project site. This local award-winning developer has an excellent track record of constructing the most generous, durable and affordable private home in Singapore. They are using the current eco-friendly material that will reinforce the building structure that will last for many generations.

  • Benefits for children

The new Kent Ridge Hill Residences are well-connected with most of the major educational institutions in Singapore by road and the train station. Located in Pasir Panjang precinct, the main road flanks the housing estate on one side and the other side with South Buona Vista Road. Residents who will be using the train service would be glad to know that the Pasir Panjang MRT (Circle Line Extension) are within walking distance to the condominium.

Therefore, likewise for children, they will find it easy commuting to school and teenagers will be able to attend their colleges very conveniently even if they are situated in some other parts of the city state.

Recreation wise, developer did not neglect this aspect of a child’s life. For younger kids, there will be a safe and beautiful playground within the development. For older kids, there are many gardens on different themes and lawn space where they can hang-out with their friends in the evenings or during the weekends. For the fitness-conscious youngsters, there will be a jogging track laid out for them as well.

  • Benefits for adults

Even though the new Kent Ridge Hill Residences are being constructed by the edge of a hilly area, the entire housing estate is not remote at all. For the stay-at-home residents, large supermarkets, shopping areas etc. are within easy reach. For those who have to travel to work on weekdays, they too will benefit from the proximity to an excellent network of roads and railway lines.

The Top Investment Option in Upper Bukit Timah – Mayfair Collection

A luxury apartment that is strategically situated among plenty of greenery is always in great demand. So is the case with the new redevelopment project, the Mayfair Collection that is coming up on Rifle Range Road at Upper Bukit Timah. It is a classic combination of lush greenery in the surroundings and an abundance of conveniences and matured amenities.

The residential development has spacious bedroom layout that are designed to provide comfort as well as luxury to all the residents. The finest lifestyle living can be very pricey in Singapore, but the former Mayfair Gardens provide you the advantage of all benefits and at a more affordable rate. The units are designed for maximum privacy and a constant flow of fresh air around the residential area.

How will home investors benefit?

The impressive layout configuration of the condos at Mayfair Collection are both spacious and highly defined for a luxurious lifestyle living. The homes within the development are suitable for young working professionals as they are very close to the King Albert MRT station and therefore, travelling to work will be very convenient during the morning rush hour on the downtown line. The Pan-Island Expressway (PIE) and Clementi Road are also very close by for drivers.

Best of all, families with young school-going children will find the distance to their prestigious schools and colleges very convenient. Senior citizens will also be able to retire in a beautiful and well-designed development. Hence, these condominiums will be one of the top choice for investors who wish to put their homes on rent for a healthy yield.

Matured Amenities and Entertainment

The Rifle Range Road where the subject site is situated has many shopping areas nearby to boast of. Residents need not venture too far for their basic daily necessities such as groceries etc. Commercial areas like Bukit Timah Shopping Centre, Pasarbella, Giant Hypermarket are in proximity and it made the housing development completely self-sufficient. There is also a nice market where the best and freshest produce of meat, seafood and veggie that encourages a healthy lifestyle in the community.

When there is so much hype all around a potential top real estate investment option, one is naturally compelled to take advantage of the situation early. As a private property owner here, one can always find a tenant who is fitness conscious and paying a particular attention to their health being. The housing development has a vast walking area, jogging track and other activity zones. Also, the shopping malls are within a short driving distance where you could easily find branded labels, accessories, electronics and other items.

The major educational institutions in the Bukit Timah area can be reached in a very short amount of time via train or the bus services available right at your doorstep. So whether you’re occupying the apartment or are purchasing one as an investment asset, the condo unit at Mayfair Collection is definitely a very profitable proposition.

A Close Comprehension of The Tre Ver

Singapore – Do you know that The Tre Ver Condo located at Potong Pasir will be constructed on the same ground as the previous Raintree Gardens?

The previous privatized housing estate was sold via an en bloc to UVD projects at a cool $334.2 million, submitted by the conglomerate UOL Group limited as well as United Industrial Corporation, both came together with a joint effort of 50:50 ratio and with an aim of bringing together a land cost of approximately $760 per plot ratio based on the maximum allowable gross floor area.

With over seven hundred posh apartments spreading through nine blocks of beautiful towers planned by the architect, any buyers seeking to purchase a waterfront home will surely find a suitable condo layout that will be both suitable and affordable.

About the available amenities

Your daily needs will be met and satisfied by placing your trust with the nearby Ultra-Mega Nex Shopping mall and City Square mall located only two train stops apart from each other. Besides the regionally recognized amenities here, there will be more upcoming new facilities such as the Poiz centre as well as the Woodleigh mall to be in neighboring Bidadari estate.

Learning facilities will also be among what most families countercheck while deciding the relocation venue, hence this is catered for by the renowned Saint Andrew’s education that traces its steps back to the early 1850s, providing not only primary but also the secondary and junior college educational tiers.

Architecture of The Tre Ver Condo

WOHA, the architects behind exclusive facilities such as School of the Arts (SOTA), the 5-star hotel of Park Royal and the Oasis hotel in Singapore among other prestigious works were chosen. They have won numerous local as well as international awards for their distinguished work.

Expect no less from them. These renowned architects have been known to create highly sustainable designs, they have been appointed to work on the riverfront frontage. You can therefore trust that this neighborhood will have some stunning architectural designs with great sense of class and uniqueness. Since it’s located by the river of Kallang, it is designed to incorporate the natural ecosystem together with the environmental guidelines to ensure both correlate well with each other.

Pros of The Tre Ver condo

As a potential homebuyer, the often commonly asked question is, why this location over others? Well, it’s rather easy to look at it. The initial purchase price by the developer is pocket friendly and in return, the selling price to consumers will be lowered as compared to neighboring projects.

Moreover, The Tre Ver Condo is strategically positioned along with developed and developing infrastructures, making it a highly viable investment choice due to the potential ROI upside.

Therefore, it will be crucial for you to secure it earlier than others before the prices go up north!

Invest Like the Rich: Tips to Follow Before Investing in the Singaporean Real Estate Market

As far as the Singapore real estate is concerned a lot of people are highly successful in their investments. But it is also a fact that not all Tom, Dick and Harry can be successful in their venture, there are certain things that people have to follow that will help you invest as the rich do. So here are the best tips that you always have to remember if you are ready to invest in the Singaporean markets.

Invest Like the Rich

Tips to invest like the rich:

These secrets to success have been tested a lot of times, and the results have been accurate all the time.

  • The first thing that you have to know is that there is something called IGA. IGA stands for Income Generating Assets and is where the rich and the highly successful people invest. This is the first thing that you have to keep in mind. At least till you get a grip over the market, you need not have to be experimental.
  • The next tip that you have to remember is buying for less and selling for more. This is the basic thing that any investor has to remember. But we do not mean what you think. You buy a property for ‘x’ value and sell it at a price that is ‘x+y’ value then it is basic that you are making profits, are we right? No or Maybe. It all depends on what your ‘Y’ value is. Your ‘Y’ shouldn’t just consider increasing the price. It also has to make sure that the increase accounts for the time value of money. If yes, then you are making profits. If no, you are either at the loss point or the between point that is no loss-no profit.
  • So if I have to cut down my thoughts and narrow my focus only on the real estate status that exists in Singapore, the fact is that most of the rich men in Singapore earned their wealth from the investments that they make in real estate.
  • There is one common idea that is stated in almost all books that state the principle of investing rich. This point states how the cash flow of a rich person looks like. The cash of the rich person flows from the assets column and the reaches the income side of the person, this strategy helps in stay wealthy.
  • The case is opposite in case of a middle-class person or a person who is poor at fixing his investments. In fact, the flow happens in the opposite direction. The money flows from the income side, spreads through liabilities and expenses, and moves out without even touching the assets side.
  • This inverse action that happens creates a vast difference between the money that the rich and the others make in the real estate market.