Tuesday, July 31, 2012

LOCATION, LOCATION, LOCATION!

One of the prime consideration in investing in landed property is LOCATION, LOCATION, LOCATION!

Besides, many people preferred that the house# does NOT contains a "4" in it, NOT having an irregular or odd shape plot of land, NOT facing or near a junction, and NOT along a busy or main road. There is nothing wrong or stopping one from buying such properties if you like the house, but when you want to sell later chances are you will face with these common buyers' objections.

Now here is an example of a cosy 2-storey semi-D in one of the most sought after location in District 10 off Bukit Timah Road that has none of the 4 NOTs. It is located well within 1km to Nanyang and Raffles Girls' Primary Schools, Hwa Chong Institution, National Junior College. A short walk will take you to the upcoming Tan Kah Kee MRT station (DT8), and the Coronation Shopping Plaza is just a stone throw away.

The land area is a very comfortable 332sqm and regular in shape (rectangular), with a wide frontage of approx 12m. Tenure of land is 999 years leasehold from 12/1875. There are 4 bedrooms on the 2nd storey, plus a large nanny's room and a maid's room on the 1st storey, and a spacious kitchen with dry and wet section.

The site is zoned for 3-storey semi-detached landed housing (Master Plan 2008), so it is possible to reconstruct/rebuild a 3-storey house with an attic and basement to enhance the asset value. Nevertheless when you buy a landed property, land is more valuable as you can't move or change it, but you can tear down a house and rebuild it as you like as long as it conforms to the regulatory requirement.



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Friday, July 27, 2012

URA Released 2nd Quarter 2012 Real Estate Statistics

The Urban Redevelopment Authority (URA) released today the real estate statistics for 2nd Quarter 2012.

Prices of private residential properties increased by 0.4% in 2nd Quarter 2012, compared to the 0.1% decrease in the previous quarter.

Prices of non-landed properties in Core Central Region (CCR)  and Rest of Central Region (RCR) increased by 0.6% and 0.4% respectively in 2nd Quarter 2012. For Outside Central Region (OCR), prices increased at a slower pace of 0.5% in 2nd Quarter 2012.

Prices of landed properties increased by 0.4% in 2nd Quarter 2012, compared to the decrease of 0.1% in the previous quarter.  Terrace houses registered the largest increase of 1.2%, whereas Semi-detached houses increased by 0.6% in 2nd Quarter 2012. Detached houses registered a 0.4% decrease in 2nd Quarter 2012. Click here for details.

For more details please refer to the URA website: http://www.ura.gov.sg/pr/text/2012/pr12-79.html

Thursday, July 19, 2012

Rochelle at Newton


TOP received recently, Rochelle at Netwon is a luxurious condominium project in the heart of Newton area in district 11.  Consisting of 129 units of 1 to 4 bedroom apartments and penthouses in a modern 27-storey tower block, Rochelle at Newton is convenient located within close promixity to Newton MRT, the Newton Circus Food Centre and the many shopping malls along Orchard Road, Novena Square and good schools.


Now adding the icing on the cake is a spacious 4 bedroom apartments of 1905sqft, that offers a panoramic unblocked view of the city and Marina Bay skylines from the living room and a large balcony, master bedroom and 2 other bedrooms!


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Monday, July 16, 2012

1 Moulmein Rise - an Award Winning icon


Located a stone's throw from Novena MRT and shopping malls, the 26-storey project received the prestigious Aga Khan Award for Architecture in 2007 for its tropic-friendly high-rise designs. An example is in the use of special horizontal windows in each apartment to let in the breeze but keep out the rain. Other features include a north-south facing to avoid direct sunlight and overhangs to provide shade for the apartment building.

Each level consists of 2 spacious and well laid-out 3 bedroom apartments of approx 1238sqft served by private lift. Apartments on a high floor also command a magnificent view of the city and Marina Bay area that are hard to come by nowaday in a compact city like Singapore! 

For rental enquiry please give me a call.




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Friday, April 27, 2012

URA Released 1st Quarter 2012 Real Estate Statistics

The Urban Redevelopment Authority (URA) released today the real estate statistics for 1st Quarter 2012. 

Prices of non-landed properties in Core Central Region (CCR) and Rest of Central Region (RCR) both fell by 0.6% in 1st Quarter 2012, compared to 0.5% and 0.1% increase respectively in the previous quarter. For Outside Central Region (OCR) prices increased by 1.1% in 1st Quarter 2012 compare with 0.6% increase in the previous quarter.

Prices of landed properties increased marginally by 0.1%, with semi-detached and terrace houses registered 0.2% & 1.7% increase respectively over the previous quarter. Click here for details.

Full details of the news release can be found on URA website at:

http://www.ura.gov.sg/pr/text/2012/pr12-44.html

Friday, January 27, 2012

URA Released 4th Quarter 2011 Real Estate Statistics

The Urban Redevelopment Authority (URA) released today the real estate statistics for 4th Quarter 2011.

The rate of price increase continued to moderate, with prices of private residential properties increased by 0.2% in 4th Quarter 2011, lower than the 1.3% increase in the previous quarter. For the year 2011 as a whole, prices of private residential properties increased by 5.9%, significantly lower than the 17.6% increase in 2010.

All property segments experienced a slower rate of price increases compared to the previous quarter and previous year. Prices of non-landed properties in Core Central Region (CCR) increased 0.5% in 4th Quarter 2011, compared with the 0.7% increase in the previous quarter. For Rest of Central Region (RCR) and Outside Central Region (OCR), prices increased by 0.1% and 0.6% respectively in 4th Quarter 2011. For the year 2011 as a whole, prices of non-landed properties increased by 4.0% in CCR, 4.5% in RCR and 7.7% in OCR, compared with 14.2%, 17.6% and 15.0% respectively in 2010.

Prices of landed properties registered a marginal increase of 0.1% in 4th Quarter 2011, having risen for the year 2011 as a whole by 10.3%, compared with 30.8% in 2010. For details please click here.

Full details of the news release can be found on the URA website at:

http://www.ura.gov.sg/pr/text/2012/pr12-08.html