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The Rare Iconic One Pearl Bank at Outram

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One Pearl Bank Condo, the best Condo of Singapore

On the top of the pearl hill, the tower with a height of 178 meters is going to be the tallest residential building in the district of Outram Chinatown. A person on this tower will be able to get the views extending from  Sentosa to Central Business District. There are multiple places of interest such as the Robertson Bay Area and the Central Business District. These are located in close vicinity to the One Pearl Bank showflat. There are numerous retail as well as food choices available in these areas.

CapitaLand Limited purchased the property through a collective sale with an amount of $278  million en bloc. This gave the developer of the project, access to one of the most prime piece of properties situated in one of the most sought after areas of Singapore. Serie and Multiply Architects, who have developed multiple stunning buildings, will be designing this project.

Situated in the lap of nature

The flowing and slender outline of it creates an airy effect that almost feels like filigree. Due to this, the residents of the tower can see through or around the towers. This means that from the perch of the hills, the condo offers beautiful views of the Central Business District. The views are situated at a distance and up to Sentosa and even beyond that.

The design

The design of the One Pearl Bank condo has been made by the award getting Serie + Multiple. This is a collaboration of the Serie Architects, who are based in London along with Multiply Architects. The design intent for this project is for a ‘clear and simple form’ which acts as a punctuator and beacon on the Pearl’s Hill.

The Architecture

The design of the project capitalizes heavily on the sloping topography of the hill. The towers of One Pearl Bank are lifted from the ground to a height of twenty-one meters. This is done so that the residents can get a visual continuity of the green landscape that lies extended from Pearl’s Hill City Park and across the project itself. There will be two roof gardens as well as a sky terrace which will be a social and communal space. These two will also be graced by the lush green landscapes. The residents are free to practice yoga as well as unwind and relax in the meditation lounge or corner. In addition to this, the residents can also host their functions at the alfresco dining area or the open amphitheater situated here.

In the One Pearl Bank’s Condo, 774 apartment units will be catered for those urbanites who are looking for ultimate convenience as well as the zest of living in a city and that too in a prime location. There is a good range of unit types on offer in the project. There are 4 bedroom apartments along with studios and penthouses which are 430 to 2800 square feet. This also brings in life to the master plan of URA, to vibrancy as well as life into the CBD at the time of night with many more homes in the Central District.

Parc Central Residences – The Luxurious Abode

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Set to launch in the 2H of 2020, the Parc Central Residences is an executive Condo. Residents of this Condo can get to enjoy the life full of leisure along with a vast array of amenities. Residents can avail of the luxury of a 50m infinity pool along with a fun pool, family pool, and a spa pool which can be basked into the water by anyone. In addition to this, the residents can get cozy on a desk or they can drink as well as dine alfresco in the BBQ Teppanyaki Pavilion. A clubhouse is also there overlooking the Tampines Quarry which has been catered to serve every generation all under one roof.

Designed with elegance

The EC units of Parc Central have been designed with a layout that is family-friendly as well as functional and liveable. One thing worth noticing is that every single inch of the home has been designed very intricately and delicately and has been finished very carefully with very fine details. The luxurious furnishings of these residencies along with its fittings ooze out sophistication and evoke a lifestyle that is worthy of envy. All the residencies here are equipped with smart home technologies that bring homes to life. There is an immense amount of luxury as well as convenience at your fingertips to enjoy. With just a touch of one button your doors will be locked as well as unlocked, you aAC will be switched off and on and a wide range of facilities will be booked instantly.

The abode of luxury

The modern as well as the contemporary architectural design of these residencies makes it a class apart and takes it a notch higher from its peers, as one travels along the Tampines Avenue 10 while it rises above the picturesque landscaping grounds from the lush greenery. The lifestyle in these residencies is enriched with a wide range of facilities. There is a choice of three to five bedrooms in these residencies. This is the place where you will return, while your family and abode wait for you.

The perfect home

The grand entrance of the residency is sure to light up your mood when you return to your abode from a very hard day in the office. The community will be all set to welcome you back home along with the lush green landscapes, friends, neighbors, and serenity. You will be entitled to the privilege of a private and exclusive home for yourself.

You get to rejuvenate amongst the tranquility of the surroundings as well as the facilities of the Condo which are sure to recharge your mind as well as your body. You can enjoy the luxuries of a jacuzzi as well as have a soothing dip in the pool or just lay be the deck of the pool while you get to enjoy the beauty of your surroundings. This is your dream home where you will get to rejuvenate and recharge your mind as well as your body and calm your soul and your senses. So register now!

Penrose – Shaping Everyone’s Dream into Reality

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Penrose, situated at a distance of 400m from the Aljunied MRT is one of the highly anticipated condos which are upcoming shortly. Penrose is going to be one of the most sought after condos to be launched in the year 2020 and there are two major reasons behind this. First is its elegant decor and the second is its convenient location.

Living well is one of the virtues which comes naturally. There are a total of fifty-five exclusive facilities for the residents. These facilities have been designed especially for physical invigoration as well as the complete relaxation of the residents. Unwinding has never been such a relaxing task as it is here, in Penrose. The multiple glasses of water features present here are enough to calm your senses. The facilities available here will help you in relaxing both your mind as well as your body.

Full of Connectivity

Situated on Sims Drive, District 14, the Penrose condo is surrounded by useful as well as exciting amenities from all around. These amenities are sure to provide you a very satisfying lifestyle. On this property, there is amazing connectivity with transportation. Irrespective of the place you are deciding to visit, you will get there with the utmost ease and convenience. The residential complex is well connected with the other parts of the country via Pan Island Expressway or PIE, Nicoll Highway and the Kallang Paya Lebar Expressway or KPE.

Perfect location for the family

One of the best parts about living here is that the residents won’t have to face distractions from the metropolis. In addition to this, every morning, they will be reaching their offices very conveniently as well a quickly. This place is the perfect combination of ease as well as relaxation.

As this Condo will be part of the Geylang planning zone, hence the people who will be living here will get the benefits of a wide range of local hawker facilities in addition to modern shopping facilities and good connectivity. The location of the Condo is in the fringe area of the city. This residential complex is really near the city as well as the CBD while being far enough from the city to let the residents escape the humdrum of city life. The residents will get to enjoy the best of both worlds.

Highlights and selling points

  1. The Condo is situated at a distance of just four hundred meters from the Aljunied MRT station.
  2. It is situated near multiple good schools such as the Macpherson Primary School, Geylang Methodist School, Macpherson Primary School, Cedar Primary School, Canossa Convent Primary School, Nexus International School, Geylang Methodist Secondary School, Bendemeer Primary School, and Kong Hwa School.
  3. There are various shopping malls near the shopping complex, such as Paya Lebar Square, Onekm mall, Paya Lebar Quarter, and many more.
  4. The location of Penrose Condo is just a little away from the important expressways such as KPE and PIE.

This is one such place that everyone wants to own. This is the dream home of everyone. We just need to take a look at this once, and you will fall in love with it.

 

The Avenir Luxury Project in District 9

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Attractive Features of Avenir condo

 

The Avenir Condo is one of the best and freehold Condos in Singapore located in the district 09 in River Valley. It would be expected to be one of the nicest launches of all time. This development is done in such a way that it transcends time. The company Guocoland makes such creative and modern homes that make your life privileged. All the qualities that should be there to make the space comfortable and lively could be found in this condo. Here are some of the expectations and features of this condo.

 

Superb Features 

 

Here are all the features of this superbly amazing newly launched Condo.

 

  • The day it was launched, everyone’s eyes are on its TOP. It is expected that this best launch of 2020 will obtain a TOP till the year 2024. The reason behind this is its amazing features. There would be two towers with 36 floors and it will have 376 residential units. The bedroom layouts will be mixed from 1to 4. We know that this is a luxury residence unit, so the rooms would be larger and more spacious.

 

  • District 09 is cosmopolitan and therefore people there have a lot of choices. If the condo won’t provide such facilities, its launch would have no value. It is bounded by Orchard Road, Robertson Quay and River Valley Road. All these areas are the top sights of Singapore. The Orchard Shopping Belt is the shopping and lifestyle hub, while the Robertson Quay is known for dining, theatre and gallery options.

Homely Feel

  • The moment you will enter this Condo, you will feel home. They promise that you will find your inner peace here. The facilities that this condo offer includes grand greenery lawn, great lap pool, exquisite dining lounge, and club lounge. All of these things come with luxurious spaces and home with an amazing view. The development has been done using all the best and branded products. For your modern living and lifestyle, the homes are made wireless.

 

  • As the condo is located in the central area and there the demand is of larger units, most of the units will be 3-4 bedders. There will one stack each for both one and two bedrooms- Do check out the Avenir Floor Plans.

  • This condo will be popular, not just for the facilities that it is providing inside the house, but also because of the amenities that you get on your campus. There are shops, dining areas, and entertainment centers within walking distance. One of the largest malls, Great World City is very near to the condo.

 

  • The best part about this condo is that, despite being situated in the city, it gives you living in a green lush and natural environment. So, with amazing modern facilities like the gym and other things, you will get to live amidst beautiful landscapes.

 

Investment Conclusion

These were all the features of The Avenir Condo that will attract customers towards it. If we talk about investors, then they will find it attractive mainly due to the location. The location is best not only for families but also for professionals that are working in the city.

 

Leedon Green – the Perfect Freehold Residence

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Situated on the corner of Farrer and Holland Road, Leedon Green is a freehold Condo. There are near about 670 units of these residences for sale. The developer of this property is Asia Radiant Pte. Ltd and it is jointly held by Yanlord Land, which is a high-end real state developer from China. The project of Leedon Green is the first attempt of Yanlord Land to push into the prime residential market of Singapore. For this project, Yanlord Land has partnered up along with the renowned MCL Land.

The Former Tulip Gardens is most probably amongst the highly anticipated new condo projects to be launched in 2019. This is especially for the high-end residential market.

One of the major reasons behind this is that Tulip Gardens was noted as the second-largest sale of en bloc in Singapore, in the year 2018. One of the most exciting things worth watching out for is, what magic can the Yanlord Land Group of China along with MCL Land can. This is to be developed on this major piece of land in the District 10 area.

View from the front

Leedon Greens has a prime location covers one of the main residential districts of the Central Area. All the people who love and adore a trendy nightlife will be delighted by the closeness of Dempsey Hill and Holland village to this project. All those parents who have children will get to choose from a list of elite schools, situated around the property and ranging from primary classes to tertiary classes. The Nanyang Primary School, the NUS as well as the Hwa Chong Institution, are all situated at a distance of a five-minute drive from this property.

A-Similar-Cool Looking Pool

 

Filled with facilities

All the residencies in the Leedon Green Price will come furnished. Residents will get to enjoy the premium experience of living in a Condo starting right from their homes. In every apartment unit, there will be imported furnishing as well as fittings which are sure to remove the major bulk of hassle which a person faces while shifting to a new home. The residents get to relax in a suite that is filled with facilities along with a pool for every dip which will range from a 50-meter lap pool to dip pool pods as well as sky decks and jacuzzi. The residents will even get a full suite concierge which is available there for a forever vacation feeling.

Prime Accessibility

The location of Leedon Green is in the prime Central Area. It is surrounded by two chief expressways along with several MRT stations. The residents here will be surrounded by various options to travel. With the Thomson East coastline, there will be even more options to travel. The Farrer Road MRT station will be the closest train station from the Leedon Green. It will be just at a walk of ten minutes from the Condo. As it is one of the stations along the Circle MRT line, residents can get direct routes to various locations in the southeastern, southwestern, and the downtown core area of Singapore.

Ki Residences – Future of the Real Estate

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Ki Residences, which are situated on the site where earlier, there was Brookvale Park development in Sunset Way, which has been sold to Hoi Hup Sunway JV, in the February month of 2018. The estimated launch date of Ki Residences is Q1 of 2020.

There will be near about 660 units in this planned development and it will leverage on the exclusivity of the location where it will be situated. In addition to this, the residential complexes will also leverage the fact that it is located in a natural as well as green setting and that too in the fridge of the city. The product that the residents will be getting, will be unique as it will provide a change from the fast and hectic life of the city along with not compromising on the convenience as well as the accessibility of the residents. It will be a great attraction for couples as well as multi-generational and young families. The cue for the amenities as well as the design of the development will be taken from the greenery and that natural setting in which it is situated.

To improve the accessibility of the neighbourhood, the developer of this project is doing the extension of the Sunset Way, which is already existing there, through this site along with the forested area which is situated in the East in an attempt to connect it with the Clementi road.

Near academic institutes

All the academic institutions in the region such as the schools as well as colleges of the Bukit Timah region will be made accessible very easily through the MRT Station as well as the large number of buses that run near the Ki Residences Showflat. In addition to these, there are multiple preschools as well as daycares and Early Years Montessori located in this area. This location of these institutions will allow the parents in picking up as well as dropping off their small kids after and before their work hours with the utmost ease.

Blend of natural and urban living

For all those people who are looking for a luxury lifestyle as well as a neighbourhood which is calm as well as peaceful, this product is a very good option to choose from. In addition to these, there will be Singapore’s hottest restaurants, nightlife, and bars situated at just a short walk from the residency. The residents will get to enjoy the tranquillity of an exclusive neighbourhood.

In the lap of nature

The people who will be living at Ki Residence location will get to enjoy the marvellous sights of the green spaces which are located in the surrounding areas. The Clementi park, Brookvale Park, Sunset Way Park, Sunset Heights Open Space, and other multiple green spaces will be just a walk of ten minutes from the residency. For the people who want to escape in the lap of nature, they can do it very easily and conveniently as the Bukit Timah Nature Reserve is situated at a distance of just a five-minute drive from the residency.

All the characteristics of this condo just indicate that no one is ever going to dislike it. If you are looking for a new house, we recommend you to visit here. We are sure you will love it in one go.

3 Important Factor To Know In The Property Sector As The Novel Coronavirus Invades Singapore

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Coronavirus

We are in the midst of a coronavirus crisis which has affected the economy, which has led to many devastating consequences. One aspect which has taken a hard hit is the homeowners and the buyers in Singapore. It is not necessary that in the midst of a crisis, and it does not have to have to mean that someone will lose money and gain some in the money. Try to make sure that you are grabbing the situation well, which is also one of the most difficult as well as one which is gaining opportunity.

Many people are comparing the outbreak to the SARS outbreak, which happened in the year 2002 Nov to 2003. The property market was low for consecutive four years, and the average psf and lower total transaction can easily be indicated with a drop in total volume by 41.6%. But, to date, the average psf which fell is about 16%. The market in general recovers quickly and can be one of the top bets for coming years as the average psf can double up to $1,247 on average. The three important factors to known during the coronavirus crisis in the property sector include:

real-estate

  • Coronavirus is not an issue for the Singapore Economic Fundamental: Coronavirus, although very dangerous has not proven to be a huge issue when it comes to the property sector. It is more like a trend which will eventually fade away once the corona is taken care of in the economy.
  • Experience of the SARS: Singapore government because of the SARS outbreak, today, is well equipped with good health care systems and equipment which is required to help handle the situation in the best ways.
  • Cooling measures are taken: The cooling measures like MSR, TDSR, ADSB, SSD which are still in force. There are many people who are not trying to sell crazy in this difficult situation.

Real-Estate

There are still many good opportunities to buy and sell as Singapore has some of the top-end property markets. Although with the sales drop in the Singapore Market has fallen, there is still a small, steady market. Singapore avoided strict lockdown, which helps take the lockdown seriously. Even before the fear occupied, the industry people started to ensure that they are taking the right measures. Across Singapore, it is said that 1,081 homes were sold in the month of March, but later than a month, the number plunged down 33%. Although there are people looking to find the right place to live, their search has halted. There is a change that soon there will be a decline in prices on the property, but it will reflect many addiction risks which the overseas market can struggle with.

Singapore’s Recovered Housing Market: Renting and Selling Homes

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People who are looking for places to settle in Singapore are finding the Singaporeans ready to provide high-quality and affordable apartments and bungalows at low prices. Some of the leading companies offer various features and services to promote residential living and clean living environment in their new homes in Singapore. A Buy and Sell Homes scheme has also been introduced to make the process easier and convenient for people with limited funds to buy the property.

The buyers in the category of the Buy and Sell Homes scheme are offered various benefits and privileges to buy properties. The first benefit is that the buyer does not have to pay any taxes or charges in the form of permit fees to the government in the real estate deal. In addition, the buyer is also entitled to sell the property for a profit. Under this scheme, the buyer and seller of property jointly deal with a seller who sells the property and reaps the profit.

The second advantage is that a buyer has the option to choose the location of his or her property from the facility of choosing the land. Also, the buyer can now purchase a property through a private owner for a particular period of time. This will prove beneficial for buyers as they can save the money on rent and other operating costs, provided that the property is left vacant.

Advantages by the Government

There are many other advantages offered by the authorities in the Singapore authorities to encourage the buying and selling of properties in Singapore. The main motive behind this is to recover the financial losses and costs incurred in the real estate bubble in the country. The authorities are trying to reduce the stress on the real estate sector as far as possible to make the real estate sector and the economy strong enough to keep the people motivated to invest in properties.

One more thing that attracts people to buy properties in Singapore is the incentives and financial assistance provided by the authorities. They include Tax Laws, Income Tax Benefits, and Government Grants for the buyers.

Kwong Shwee’s Townville is one of the best real estate developers to look for residential properties in Singapore. It gives its tenants the opportunity to build or buy properties on their own and does not have any fees attached. Most of its properties come with maintenance facilities that make it perfect for the apartment complex.

The reputation of the developers has increased so much that the Government has taken up several initiatives to encourage the buyers to purchase properties in Singapore. The first one is the Budget Bonus Scheme which gives the buyers a chance to buy properties at higher prices. The Developers offer tax incentives such as rental rebates as well as cash incentives such as market value credit for the tenants to encourage them to buy.

Buy and Sell Schemes

Another feature of the Developers in Singapore is the Buy and Sell Homes Scheme. Under this scheme, the government helps buyers find a suitable location and property. This scheme provides low cost mortgages to people to buy properties and also promotes the building of multi-family buildings.

Several property developers offer the buyers a program that lets them choose the land from which they buy the property. The developers offer high quality apartments and bungalows at reasonable rates.

Apart from providing useful information about buying and selling properties in Singapore, the developers also provide extensive information about the residential communities in Singapore. This enables people to find the right apartment and property for them. With the help of the developers and their brokers, a person can find the right apartments and homes for them.

The developers in Singapore also provide various commercial services for businesses such as leasing, purchasing and selling real estate, property ownership and rental of property. Their facility also includes business financing options, services, property management and appraisal, business insurance, and many other services to help the customers take up their business ventures.

Why Invest in Singapore Property

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The government of Singapore has increased the age requirement for housing grants. When the Housing Ministry announced this change it attracted a lot of attention. Many people questioned whether this is going to impact the number of Singaporeans who apply for the grants.

The answer is that no one knows what the government will do next. It could just be an experiment, which may not work or could be a strategic move to draw in more local applicants.

In its announcement, the government stated that the new requirement was “in recognition of the diverse population and market of Singapore, where homeownership remains the norm in many areas.” In other words, in most cities where rents are high, it is necessary to own your own house. So this means that Singapore will attract more low-income residents, but not for those looking for affordable housing. As long as the houses are affordable to people who qualify for the grants, then the government will be sure that Singapore would have enough affordable housing to meet the needs of all its citizens. But this also means that the affordability will be affected by the affordability of the houses.

A New Age Requirement For Housing Grants

The government itself will decide if the younger group can apply for the grants. If it is a younger group, then it will want to see whether there are enough high-paying jobs for these people to qualify for. If there are fewer job opportunities, then they will find another way to save for their kids’ education.

This applies also to the seniors who have decided to buy affordable housing. Although they can still apply for the grant if they wish, the government might feel that in some cases, they cannot qualify for the grants if they want to move into an affordable house.

Since the government announced this change, a lot of the media attention has been on the cost of the grants, which are more expensive compared to the home mortgages. In fact, the government itself is now considering reducing the cost of the grants to reduce the burden on the people who cannot qualify for the grants, such as older Singaporeans, people who are not immigrants, and people who do not belong to Singaporean families.

It may also be that the government considers other grants as being more “desirable” than housing grants. Other grants, such as scholarships, may seem more appropriate to use than the grants that are meant for housing.

Government Neutral

After all, there are lots of good things that the government can do. As long as they remain neutral, the government can try to pull in as many Singaporeans as possible. That would be helpful for the government, but the locals are also benefiting from the government’s effort.

The government, after all, already stated that it will look at the new requirement and assess whether it can solve the housing problem. The only problem that it has now is how to attract more Singaporeans to apply for the housing grants, especially since some of them don’t have jobs that would allow them to pay for the grants.

Indeed, this is a common problem that occurs in numerous countries, and it is not surprising. Singapore’s government has considered many solutions that would allow the country to become more attractive to potential immigrants, but until now, none of them worked.

New Condo at Pasir Ris Central will be called The Ryse Residences

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Allgreen Properties and Kerry Properties Have Got the Pasir Ris Tender to Develop the Ryse Residences Condo

The Ryse Residences Condo is the newest mixed development, which is going to comprise a town plaza, bus interchange, and a polyclinic along with the 480 private homes and commercial space.

Singapore’s HDB given this tender to Allgreen Properties and Kerry Properties tie-up because these partners had presented the best concept proposal along with the highest winning bid of S$700 million. All these details were made public in the recent announcement by the HDB.

The upcoming project will and be going to serve as the main community focal point in the region. This commercial and residential development will also include a bus interchange, a town plaza, and a polyclinic. The SGD$700 mil winning bid estimated as S$684.48/sq-ft, per plot ratio according to the whole gross floor area of 1.02 million sqft.

Tender information:

HDB launched the tender for the Ryse Residences condo site on August 27, 2018. The sale closed on December 14, 2018, and three bidders had submitted their concept proposal during this time. All three tenderers had gotten a chance to feature their concept proposals to the CEC to get this site for development.

HDB had followed the dual envelop concept for the sale of this 99-year leasehold plot. Laguna Garden and Far East Commercial Trustee, the units of Far East Organization had placed a bid of almost S$677.78 million, which was translated into S$662.75 psf ppr.

Singapore Press Holdings and Kajima Development had also partnered to bid on this project, but their tie-up did not work and their proposal was not shortlisted. The CEC evaluated each concept proposal and came to a decision that two of three shortlisted proposals were the best.

The Far East Organization and Allgreen-Kerry Properties tie-up were two shortlisted bidders with their concept proposals. Their concept proposals were considered the best to meet the demands of the tender and evaluation criteria. Their proposals were sent to the second stage of tender assessment.

The price envelopes submitted by both tenderers were opened and then the development site was awarded to Allgreen-Kerry Properties tie-up. They had submitted a higher bid in comparison to Far East Organization. Their winning bid was almost S$700 million, which helped them in buying this 99-year leasehold land for mixed-use development.

Tender conditions might have affected the interest tenderers:

The site location is pretty attractive. It will be the closest residential space near Singapore’s Changi airport, but there was still a muted response for this project. The experts believe that tender conditions affected this mixed-use site’s sale. Any developer, who places the winning bid, will also be responsible for building a Bus Interchange, a Town Plaza, and a Polyclinic along with the main structure.

The Allgreen Properties and Kerry Properties are now going to collaborate for the development of this site. Ryse Residences is going to feature around 480 private homes, commercial space, and the required three structures. Therefore, it is going to be one of the most attractive residential structures in the region.

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