What are the home essentials and things to look out for?

Let’s talk about something else today huh? Something intimate, things that will be close to us in general on our everyday lives. First thing first, we are going to assume that you are TURNING ADULT and planning to lease or purchase your own home in the future. This is a pretty major step for you into adulthood, and you are probably ecstatic and perhaps even a little overwhelmed by all these little details as well.

We’ve been there, done that. It is very natural of us to feel this way, because there is a lot of effort that goes into turning an unfurnished property into a home and calling it your own. If you are going through the motions and couldn’t figure out where to get started, we’ll take you through the fundamentals that will turn your dream home into a perfect sanctuary in 2020.

Types of property

There are basically two main types, a resale property or a building under construction property. Depending on your needs and preference, if you’re going with the former, your home can be fully furnished or partial furnished. Most resale buyer of private condominiums do inherit the basics of fixtures and fittings. For instance, the kitchen likely has an inbuilt oven, some with refrigerator and a washer cum dryer for you too.

You will also probably have a gourmet kitchen with ready cooker hobs and hoods. However, please run through all these provided appliances and ensure they are in working condition before you shift in because you do not want to be embroiled in a heated argument with the previous owner on the malfunction of such appliances!

A fully functional and stocked kitchen is bound to make you and everyone in your family feel right at home before you know it!

If you want to avoid such messy and tedious situations, you can opt for the new launch properties by developers. These newly built homes will be almost fully furnished for you except your bedding, sofas, dining table, lighting and what not. This arrangement would be ideal for the fussy lot and people whom generally prefers everything new and not used. To ease the burden of endless checking and stuffs, this would be the easiest way out!

In early 2020, Wing Tai Holdings will be premiering their latest project in Bugis, middle road. A mega blockbuster project and a once in a lifetime chance for young millennials to secure such a rare and new property in the prime district 7. If you want to find out more, please visit them at The M official site.

Bathroom/Bedroom Rudiments

As mentioned, the basics for the bedroom and bathroom would likely have been taken care of. The professionals call it the home staging makeover before the property goes onto the market for you. In order to go the extra mile, you must invest in some new sheets, curtains, pillows, throw rugs, cushions and so on. Having these personalized items would be necessary for you to settle down in the new home.

As for the bathroom, ensure you have all the necessary sanitary equipment ranging from toilet bowl, basin, showering system to shower curtains etc. You might even want to throw in His and Her bathrobes or towels to really personalize the whole space for yourself and loved ones.

Flooring / Living Room Embellishments 

Nothing says home like some cozy flooring for the family. Therefore, be sure to invest in some comfortable rugs for your floors, especially in common areas such as the living room. These will really spruce up the whole place and add a warm and cozy feel to these living space. For the furniture in the living room, you can get some plush covers, throw pillows and cushions in order to enhance the comfort even more to create that perfect at-home atmosphere.

As you can see, there is a lot of going on behind the scene that would be required to turn your almost vacant property to an ultimate dream home. You would have to probably make more than a few trips to IKEA and do many online shopping transactions so that your new abode would take shape instantly for you. Good luck!

Location or size of your new home – Which is more important?

When you are planning to relocate your family into a new home, there will be two major elements which you will focus on; location and the type of housing for your loved ones. You will have to decide if the location of the new house is important or the size of the new property is your priority. In most of the cases, where home hunters are out looking for an ideal locale such as a private property in a posh area or being close by to the commercial districts, they will always end up looking with an increased price quantum of the properties.

Especially so when they’re into properties in prime district 9 such as the new Haus on handy along handy road, they will only be offered a smaller sized property and at the same cost as a bigger unit in some side-by-side neighborhoods. If you need a larger house and venue is not your main issue, you can always proceed to other city fringe area further from the market or within a non-mature neighborhood.

In such areas, you can easily secure a larger abode and at a much reasonable price point. It is crucial for you to keep your family’s needs in mind before making any final decisions. If you are in a struggling phase, ie. split between the location and sizes of the new home, the following guide could help you in coming up with a solution.

Size of the house

 

  • Planning to start a bigger family – If you are planning to expand your family shortly after moving into your new home, future-proof on the size will be important. If you are looking for a single bedded property that accommodates only a couple, you may end up living in a match-box — no need to worry if you have the financial means to expand your lifestyle with your partner.

 

  • A large family – If you already have a large family by default, it is crystal clear that you’ll require a larger space to house your family. If you’re a pet owner, you might also require an outdoor space for your pets. Prime condo units at Haus on handy could offer you a great space option at an affordable price tag. It could be what you are looking out for!

 

  • Downsizing – Well, sometimes when you are facing economic constraints or about to retire, you may be downsizing. In such cases, the price of the house is important for you, as you are planning to cut down on your overall expenses. Therefore, prepare your financial calculations early to avoid any possible embarrassments. You may face issues in downsizing and may be moving away from your friends, but there are areas that offer some best housing facilities. Even if you are opting for a smaller unit within Haus on handy, the facilities offered by the developer will not make you feel bad, and you can easily settle yourself in it with all the smart technologies.

 

  • Travel a lot – If you are such a person who loves to travel, then buying a large home is not ideal. Most of the time you are out of the city, and your house will be empty. Better to save some money for traveling and gratifying your love for it. As you are most of the time out of your house, therefore the location of the house does not matter.

Location of the property

 

  • Geographical location – Regardless of you planning to purchase a home or renting it out subsequently, geographical locale is critically important. You will pay higher for a good geographical location and you will also get a higher price on selling that later. You may not face big issues should you decide to sell it at a later date. Your home price will increase with each passing day and that’s what we call home capital appreciation.

 

  • A convenient place – Most of the people want a house at a venue that is easy to access. Individuals will appreciate a neighborhood with some commercial areas, schools and offices. Most of the city dwellers will swear for having to travel for hours in order to reach their office or school as it is exhausting to do it daily.

 

To avoid this scenario, you can purchase a private property which is close to your office or school of your kids. It will also cut down on the overall cost of traveling and you can add to that price in your home’s value. Commercial districts like Dhoby Ghaut where the latest Haus on handy is positioned, will be highly sought-after.

 

  • Consider amenities – Whether it is a coffee shop or transportation option, consider your surrounding amenities before you make a move on the new property. If you love to shop, Orchard road will be your best bet and this option is already yours if you’re looking at Haus on Handy by City Developments Limited (CDL).

How much do you know about the developer before committing to riviere condo?

Well, how much do you know about the developer who is developing your future dream home? Are they a reputable organization with solid portfolios to boost with or just an ordinary firm with standard operating procedures on the construction? To purchase a home is an art, a dream that many people can only dream of and perhaps a nightmare for some, when they have no idea on how to go about doing what they ought to do. They looked out at tons of project websites and brochures with the hope of finding a place that is perfect to be their dream home but is this how the selection process should be? Perhaps not, argued by some of the veteran home hunters.

If you were to come across a development where you can enjoy all the luxurious amenities and also the modern facilities, what would you do? You would obviously be the first person to pull out the cheque and make the booking to secure the residential unit right on the spot. However, have you also thought about the promises made by the project developers? Are they genuine or not? Are they going to deliver the same just like what they’re promoting in their show flats and advertisements? You need to seriously check out the backgrounds and stuffs about the developer before you begin acquiring the property. No?

Start with the history of developers

The first thing you have to do is, check the background of the targeted developer. Such as the Frasers Property Singapore where they are actively promoting their newest mixed development at Jiak Kim Street recently. If you think this is where you want to be for the rest of your lives with your loved ones and are planning to own a residential unit at Riviere, then you have to view the earlier projects that are being developed by Frasers brand, the holding company of these completed homes, on whether they are into local real estate development businesses and their track records since induction.

After some extensive research on our part, it appears that they have successfully left their foot prints on more than 80 countries and is a listed company in Singapore with wide diversification of their businesses now. As they belong to a renowned group of developer, you should have lesser worry on this part and may proceed to explore further with their new condo project moving forward.

However, if you are about to deal with any developer who are not that reputable or heard of in the local property market, then you may need to check on whether they have completed their past residential projects in time. If they have handed over the keys to the respective buyers promptly and if they are satisfied with the new housing delivery and so on. If everything turns out fine after your background checks, you may trust your instincts and proceed ahead if you want to.

Discussion about the stages of payment

Once you are assured of the developers for your upcoming dream home and are ready to commit on the booking of your unit, you must discuss with the marketing agents appointed by the developers on the expected delivery and the upfront payment from a detailed financial calculation made against the banks.

As such, a mortgage specialist will be engaged to assist in your In-Principle Approval by the bank and the subsequent monthly repayments to the bank going forward. However, if you are paying the condo in full to the respective developer, then you can leave the poor bankers by the side.

Last but not least, the above-mentioned mixed development by Frasers is located on the site of former Zouk Club, a place where many party-goers will remember by the Singapore river. If you’re keen to explore this new development at Jiak Kim Street, you may visit their official Riviere website for show flat viewing arrangement now!

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.