Sunday 7 June 2015

Sol Acres Condo - Singapore Largest EC in Choa Chu Kang

Sol Acres Condo - EC in Choa Chu Kang


Several ECs are in the pipelines for 2015 and Sol Acres EC is just one of them. Executive condominiums bridge the gap between HDB public housing and private housing but the decision to buy one or the other is not a given. Prices have narrowed and buyers should weigh the pros and cons because ECs come with a lot more terms and conditions.

Sol Acres Condominium Review

Sol Acres EC is a large development of over 1300 units with floor plans ranging from 1 to 5 bedroom units. The price of any unit depends on size, level and facing as well as subsidies and discounts. Prior to purchase, the buyer should consult the HDB on their eligibility and available grants and also consult their banker on how much money they can loan for the purchase as a result of the TDSR or Total Debt Servicing Ratio. More information can be obtained from the HDB and MAS websites.

A table of available websites can be found at SgPropertySource.com's Sol Acres EC link  and a study of the table shows tradeoffs between having a yard, a utility room instead of a study or between 1 or 2 balconies or PESs. Some units also have external vertical lourves and fins. The range of units available should accommodate most of the possibilities from couples without kids yet to multi-generational families.

The Sol Acres location is convenient to several major expressways and also the the LRT/MRT system. The closest MRT at Choa Chu Kang is only 4 stops away by LRT. Schools are plentiful in CCK as well as nature based attractions such as the Singapore Zoo, Night Safari, Sungei Buloh Wetlands Reserve and the farm based attractions in Sungei Tengah.

Sol Acres EC is a good family choice especially for those working in the Jurong or Tuas areas and the northern part of Singapore.






Thursday 28 May 2015

High Park Residences - Condo on Fernvale Road in Sengkang - Near Thanggam LRT Station

High Park Residences


High Park Residences is built on two adjoining land parcels across Fernvale Road from the Thanggam LRT station. This development is right next to the popular Jln Kayu area, well known for its culinary delights. At 1390 residential and 9 commercial units, this is not a small development and will compete for wallets with Rivertrees and Riverbank condos both located in the vicinity. Although it lacks the waterfront of these two properties, High Park may have a price advantage given the lower psf that the developers paid for the land. Some units will also have views of the Johor Straits,

Whatever the budget or family size, High Park has something for buyers. Unit types and floor plans range from 1-bedroom studio units to 2 through 5 bedroom types and even some semi-detached and bungalow units. The 4 bedroom units offer a dual key option to maximize rental or to cater for people who would like their parents to live nearby but want some privacy at the same time.

High Park Residences has good access to the TPE, CTE and SLE and can be reached via Jalan Kayu, away from the heavy evening jams at Sengkang Road and Sengkang East Way. There are several schools nearby as well as shopping at Seletar Mall, a short walk away. The Thanggam LRT brings residents to the Sengkang MRT station on the NE line.

We expect decent interest in this development due to the smaller units available as investors look for greater affordability in the light of the TDSR cooling measures.

For more information, click High Park Residences to access our property webpage.







Gramercy Park - New Condominium on 57, Grange Road, Singapore by CDL


The Grange Road area is right next to Chatsworth where several foreign offices and embassies can be found. The location of Gramercy Park in District 10 is a locale that is popular with expats and high net worth investors. Prices have fallen significantly over the past year and some investors with a bearish outlook on the real estate market will likely hold off for longer. The average psf for units in Gramercy Park is estimated to be in the $2.7 range. The smaller units start at 1.2ksqft for a 2-bedroom unit to over 7.3k for the largest penthouses. As befitting its posh address, the apartments come with high end finishings and designer wardrobe. There is ample parking and some lots are extra wide to accommodate the large luxury cars. Some 30 different facilities including a 50m lap pool are at the disposal of residents.

Gramercy Park is right next to the Orchard shopping areas and most amenities including access to the Orchard Road MRT is all within 1-2km radius. The design of this condominium was conceived by a famous architectural firm, NBBJ and offers excellent views of both the Orchard and Chatsworth area.

Visit our Gramercy Park website to find out more about what this development offers investors and residents alike.







Friday 21 November 2014

Northpoint City and North Park Residences - The New Jewel In Yishun

North Park Residences and Northpoint City- The New Jewel In Yishun


The new integrated development in Yishun called Northpoint City and North Park Residences will garner a lot of interests due to the extensive and comprehensive range of amenities and the immediate access to the Yishun MRT station.


The History of Yishun


Yishun has come a long way from its days of being home to pepper and pineapple plantations and rustic villages. In the 1980's, 900 hectares of land was set aside to build the Yishun new town. A bus interchange was added in 1987. In 1996, the government started upgrading facilities in the town such as better hawker stalls, shopping areas and parking facilities. At about the same time, the Urban Redevelopment Authority (URA) announced land sales for low and medium-rise private housing. In 2007, the HDB picked Yishun as one of three towns to undergo rejuvenation via its ROH or Remaking Our Heartland plan. In the draft master plan of 2013, the URA announced that Yishun will be re-invigorated with an even wider range of amenities such as new malls, hawker centres and cycling paths.


The Big Picture


As part of the governments decentralization efforts, 4 regional centers are being developed. These are Jurong Lake District, Tampines, Woodlands and Seletar. Yishun is the gateway to the North Innovation Corridor which includes Woodlands Regional Centre, Sembawang, the future Seletar Regional Centre and the Punggol Innovation Cluster. There will be more jobs closer to home as it takes minutes to commute between Yishun and Woodlands. The Woodlands Regional Centre alone has 700,000 sqm of commercial space in the works and will be well served by the new Thomson Line and the North-South Expressway when these are completed. The latter will provide access to Yishun via Sembawang in the north and Lentor Ave in the south.


The New Integrated Development


Clearly, some of these plans are being realised in the new integrated development that is coming up next to Northpoint Shopping Centre at the site of the previous bus interchange. This new development called Northpoint City and the residential section, North Park Residences is a very significant development and is destined to be the crown jewel of Yishun. The amenities within this development will surely be a real magnet for people living in the area as well as those from other parts of Singapore due its access and proximity to both the MRT sysem and expressways such as the CTE, SLE and TPE.


What Northpoint City and North Park Residences Offer?


Looking at the cross section below, North Park Residences sit on top of the retail "block" which comes with a new retail underpass to the Yishun MRT station. This supplements the other existing underpass from Northpoint Shopping Centre and makes it easier for residences to access the Yishun MRT station.

Residents will enjoy not only retail therapy but a childcare centre and the first fully airconditioned community club. In addition to several existing neighborhood parks, residents can take a walk in a town park. Cycling and park connectors in the area are being extended and will be a welcome benefit for those with active lifestyles or for nature lovers.

Those with young children and aged parents will welcome the convenience of nearby healthcare such as those at Khoo Teck Puat Hospital and the community hospital next door. GEMS an international school will also setup business in the area offering the IB program.

North Point City and North Park Residences Cross Section
Sectional Diagram of Northpark City and North Park Residences

Aerial View of North Park Residences
Bird's Eye View of North Park Residence to the Right


North Park Residences Swimming Pool or Lap Pool
North Park Residences Pool

Reading Lounge Next to the Pool
North Point City Town Plaza
Town Plaza


Northpoint City will be the largest shopping mall in the north with a gross floor area of 800,000 sqm and will host 500 retail and F&B outlets. People living in North Park Residences will not to go far for their retail and dining needs. Less travel time means more time for family and the more important things in life. As the Yishun MRT station is just a short walk away, visitors wi

Upcoming Sales of Northpoint City and North Park Residences


The sales of North Park Residences are expected to begin in March and units will be priced attractively which is not surprising given the current market and cooling measures. But developments with the right combinations of price, location and amenities will get a lot of interests and this development appears to have all 3.

For up to date information on this development visit our website here: Northpoint City and North Park Residences, The Jewel of Yishun.

Tuesday 8 October 2013

Hilltop Grove Condo Resale Unit | Hillview Ave | 1281 sqft | $850 psf

Hilltop Grove Resale Condo Unit


The resale unit offered is a spacious 2 bedroom unit with an area of 1281 sqft. The asking price of $1088880 sets the psf at $850. The condo is located on a hill top next to nature and is perfect for those who like a quieter place. For convenience, a regular shuttle bus service takes residents to the Bukit Batok MRT.

Hilltop Grove is a 99-yr leasehold condominium located in Hillview (District 23). This development was completed in 2002 and has 192 units in three 10 storey block. Unit types consist of 2 or 3 bedroom units. Condo facilities include basement parking, swimming pool, BBQ pits, fitness corner and a tennis court. 
 
Amenities are all within a short driving distance. Bukit Gombak and Bukit Batok MRT stations are 0.8km and 1.33km away respectively. The future Hillview station to be completed in 2015 will be just over a kilometer away. The nearest schools to Hilltop Grove include Lianhua Primary School (0.59km), Hillgrove Secondary School (0.74km), St Francis Methodist School (1.13km), Dazhong Primary School (1.2km) and Swiss Cottage Secondary School (1.23km). The nearest mall is The Rail Mall located 1km away on Upper Bukit Timah Road.
 
Hilltop Grove Condo
Hilltop Grove Condo
 
Please visit http://sgpropertysource.com/resale/property/hilltop-grove.html for additional photos and details. The psf of $850 is a far cry from the 1300psf or more than some new launch condos are priced at. For viewing, please contact me at 97323160 or send an email to faithchngsb@gmail.com.

Wednesday 25 September 2013

WhiteHaven @ Pasir Panjang | Freehold Condo near NUS | Haw Par Villa MRT

Whitehaven


A previous blog entry mentioned The Village, a freehold property located along Pasir Panjang Road. Whitehaven is another condo in the area and is located at 332 Pasir Panjang Road and is even closer to NUS. This means the comments made about The Village with regard to NUS and the large potential tenant pool also holds for Whitehaven.

Whitehaven offers a wider choice of unit types including dual key units which offer owners the option of renting out one unit while staying in the other or have close relatives staying in the second unit. The unit types are differentiated by ceiling height, dual key variants and penthouses ranging from 1-4 bedroom units. The penthouses are also available in 2, 3 and 4 bedroom floor plans and are all equipped with a BBQ pit. In addition, the 2 and 3 bedroom penthouses come with a Jacuzzi and pavilion and the 3 bedroom types enjoy an additional planter. Owners of the 4-bedroom penthouses will enjoy the use of a small pool, attic and BBQ pit. This setup is similar to what's found in the rooftops of some landed properties.

The common facilities are very much standard and include a 50m lap pool, gym and BBQ pits. The main attractiveness of Whitehaven like The Village lies in its proximity to the NUS and Science park areas and also the wide choice of unit types including units with high ceilings, dual key units and smaller and more affordable penthouse units.

Like The Village, Whitehaven has been in the market for some months and it is worth checking out with regards to prices and discounts. Please call or text me at 97323160 or send an email to faithchngsb@gmail.com for further details. More details can also be found at sgpropertysource.com.


Whitehaven Aerial View
Dual Key Options

Example of a 4-Bedroom Dual Key Unit

Children's Pool

4-Bedroom Penthouse


Aqua Pool

Nest

Site Map

Tuesday 24 September 2013

Resale Landed Property | Freehold Terrace in Yio Chu Kang | Near NEX, Kovan MRT

Resale Property - Corner Terrace in Yio Chu Kang


Up for sale is a well kept freehold corner terrace house in the Yio Chu Kang area. The appeal of this house is the quiet surroundings, the freehold tenure and its convenience to the NEX shopping center, Kovan MRT and closeness to eateries. For sports lovers and those who like to exercise, Serangoon Stadium in just round the corner. This house is spacious and has 6 bedrooms, 3 toilets and a wet and dry kitchen and generous driveway and backyard. The built up area is 2762 sqft and the land area is 3337 sq ft.

There will be an open house this Sunday, Sept 29, 2013 from 2.30pm to 4.30pm for interested buyers of this landed property. Please view to offer. Do contact me at 97323160 or faithchngsb@gmail.com for additional details and directions.



Backyard