Potong Pasir Avenue 1 new condo Tre Ver by UOL

THE TRE VER is another condominium advancement dispatch by two eminent engineers UOL and UIC. UOL has gotten numerous universal honors for their improvements. A portion of their broad portfolio in the entire Singapore, particularly the focal area are specifically; Regency Suites, Newton Suites, One-North, Nassim Park Residences, One Amber, Southbank, Katong Regency and Principal Garden which has been completely sold out. UIC has likewise a broad portfolio with joint wander with UOL, which has gotten various honors; V on Shenton, Mon Jervois, Alex Residences, Pollen and Bleu, Archipelago, Thomson Three and The Clement Canopy. With its exceptional track records, the engineers are guaranteed of giving THE TRE VER occupants quality assembled and outfits with an immortal outline. The name of this advancement is encompassed around living in nature in the midst of the trees and along the stream.

Created on this plot of enormous plot of land possibly could develop 6 lovely pinnacle hinders, every 12 story high. The units will get the chance to appreciate the lovely perspective of the Kallang River or an unblocked perspective of the city shyline. Inhabitants will get the chance to appreciate a variety of offices with the essential of a 50m lap pool, an indoor rec center, play area, BBQ Pits, and a 24-hour security attendant. An elite home anticipates you.

Tre Ver showflat will present the best qualities for buyers viewing pleasure.

Jade Scape former Shunfu Ville En Bloc by Qingjian Realty

JADE SCAPE is arranged at the previous Shunfu Ville and is another private dispatch by Qingjian Realty. This site was beforehand involved by privatized HUDC Shunfu Ville.

Jade Scape Location – It is under 200 meters to the Marymount MRT Station and furthermore close to the Upper Thomson Station on the future Thomson-East Coast Line, which will be finished in year 2020. There wasn’t any administration arrive deals in the Bishan/Thomson region since year 2014, so popularity of intrigue will be normal for this advancement.

Jade Scape Floor plan – This site could yield around 1,100 units, figure in light of size of around 1,000 sqft.

Jade Scape Condo is found extremely close to a few MRT Stations .The closest will be Marymount MRT station (Circle Line) and forthcoming Upper Thomson MRT station (Thomson – East Coast Line) . And furthermore Bishan MRT and Caldecott MRT . These truly conveying rail network to network civilities and private advancements in the territory , especially for occupants of Jade Scape . Occupants will be profited by these transportation advancements in Upper Thomson area .

The Jovell Condo

Bedok/Tampines – where The Jovell Condo will be nearness found – is generally viewed as a standout amongst the most mainstream territories of Singapore to visit for its broad retail openings and relaxed comforts. This prevalence consequently has driven the Urban Redevelopment Authority (URA) as of late to build up an arrangement for the zone’s proceeded with development. This development is laid out particularly to address the issues of present and future occupants of Tampines by additionally forming it into a group that goes well beyond to address the issues of its inhabitants.

All the more particularly, the URA wants to execute a wealth of extra conveniences for the group, and parkland and more effective transport. Lodging and extra way of life, retail, and wearing civilities are one of the primary needs inside the URA’s masterplan to guarantee inhabitant fulfillment. Activities to better grasp the common excellence of Singapore will be seen through the option of neighborhood stops inside Tampines and lavish greenery of added parkland for occupants to appreciate.

Inhabitants of any age – youngsters, grown-ups, and seniors – will approach various courtesies that will guarantee they feel associated with and happy with the group they are a piece of.

The Verandah Residences 231 Pasir Panjang Road

A short separation from Verandah Residences is Labrador Nature Reserve.

Based on the edge of the optional woodland with a prime vantage purpose of the bluff side vegetation and a pleasant perspective of the ocean, Labrador Nature Reserve is a desert spring of peacefulness and characteristic marvels. Flourishing with untamed life, the recreation center is a most loved frequent of nature sweethearts. It isn’t phenomenal for guests to hear tunes from an assortment of flying creature species, including those of the Oriental Magpie-robin and Black-naped Oriole. Go for a lackadaisical walk along one of the nature trails, and you may detect the occupant squirrels hastening up trees. Labrador Nature Reserve is a piece of the Southern Ridges, which additionally involves Mount Faber Park, Telok Blangah Hill Park, and Kent Ridge Park.

For the individuals who would prefer not to remain home in Verandah Residences condo, a few activities at Labrador Nature Reserve both on a weekday and end of the week incorporate flying creature watching, touring, photography, grilling, feasting and picnics, practice and working out and angling.

Every one of these exercises are accessible to occupants of Verandah Residences Pasir Panjang as Labrador Nature Reserve is around a 5 min head out.

Makeway View joins collective sale rush

The Makeway View estate in Newton has been launched for collective sale with an asking price of $168 million.

Makeway View

The 10-storey development was built in the late 1980s and comprises 28 apartments and four penthouses.

Its asking price plus about $17 million in development charges represent a land rate of $1,589 per sq ft per plot ratio (psf ppr), according to marketing agent Edmund Tie & Company.

The 3,863.1 sq m or 41,582 sq ft plot has a gross plot ratio of 2.8. The freehold site could be developed into a block of about 21 to 22 storeys with about 154 units, assuming an average apartment size of 70 sq m.

Makeway View is in District 9 and across the road from Newton Food Centre and within a kilometre of Anglo-Chinese School (Barker Road), Anglo-Chinese School (Junior) and St Joseph’s Institution Junior.

The Newton MRT interchange serving the North-South and Downtown lines is about 400m from the site.

The tender exercise closes at 3pm on March 7. “The corner site will potentially allow the developer flexibility to design units with 180-degree unobstructed panoramic views of the city,” said Ms Swee Shou Fern, senior director for investment advisory at Edmund Tie & Company.

Separately, Macly Capital exercised an option on Monday to acquire nine single-storey shophouses in Telok Kurau for a total of $35.5 million. This reflects a land rate of $733.8 psf ppr, including a development charge of about $5.9 million, said Teakhwa Real Estate.

An outline planning permission has been obtained for a proposed five-storey residential development (with attic) that will house 46 units, with seven shops on the first storey, a basement carpark and a rooftop pool.

credits to SRX

Kismis Residences Terraces @ Kismis Road.

Kismis Residences and Tranquilia @ Kismis are freehold patio houses situated in a private enclave at Lorong Kismis.

Kismis Residences is a landed advancement while Tranquilia @ Kismis is strata titled.

Both element present day transitional and corner porches, bragging 5 roomy ensuite rooms more than 3 stories, a storm cellar and a loft. Each house accompanies a storm cellar home excitement room, and rooftop patio that is ideal for engaging.

Kismis Residences has an extra investigation zone, a private auto patio on the ground level, and also a home lift that serves all levels. Tranquilia @ Kismis has a private auto patio in the storm cellar, and a home lift that serves all levels with the exception of the storage room.

Tranquilia @ Kismis likewise includes a collective swimming pool, while Kismis Residences has private fly pools on its rooftop patios (with the exception of one house, which has its own particular private swimming pool).

Kismis Residences developed zone ranges from 4700-5400 sqft. Tranquilia @ Kismis developed zone is 4300 or 5100sqft.

The improvements are a 12-minute stroll to Beauty World MRT station (Downtown Line), Beauty World Center, Bukit Timah Shopping Center and Bukit Timah Market and Fod Center, and Cheong Chin Nam diners.

They are encompassed by great schools, for example, Bukit Timah Primary (inside 1km), Pei Hwa Presbyterian Primary (inside 1km), Methodist Girls’ School Primary and Secondary, Ngee Ann Polytechnic, NUS, SIM University and German European School.

Retail and way of life shopping centers close-by incorporate The Grandstand, Hill V2, Jem, JCube and Westgate. For nature darlings, Bukit Timah Nature Reserve and Bukit Batok Nature Park additionally offer a lot of chances for nature investigation.

Queens Peak Condo by MCC Land @ Queenstown MRT

The land site of Queens Peak Queenstown was won by HY Realty, which has an indistinguishable investors from Chinese designer Hao Yuan Investment. They rose triumphant among other 8 eight confident bidders, for example, Allgreen Properties and City Developments(CDL) with the best offer of S$483.18 million. Working out to be S$871.14 per square foot per plot proportion (psf ppr) for the 99-year rent site, it is evaluated that Queens Peak cost might be between $1550 to $1600 psf considering in all other cost.

As there are just a modest bunch of apartment suites in the Queenstown domain, for example, Queens Condo, Alexis, The Anchorage and up and coming Commonwealth Towers, it is normal that Queens top condominium will in any case be sought after in spite of the present economic situation. In addition, it is additionally situated at the city periphery with a high thickness of comforts considering the bequest is a standout amongst the most develop in Singapore.

The surmised Queens Peak condo TOP date will be on December 2020. With the current rat of Commonwealth towers sitting appropriate adjacent to Queens Peak Condo, there are no more supply in as of now for new apartment suite extends in the Queenstown region. At of the season of writing(October 2017), there are extremely constrained supply of fresh out of the box new improvements in the territory with Principal Garden having around 15 units, Alex Residences around 14 units and Artra at around 60% sold.

Kingsford Waterbay Upper Serangoon View condo near Hougang MRT

Kingsford Waterbay advancement boasts of full townhouse facilities, emphasizing a mega swimming pool, toward over 200 meters long. For its predominant location, every one units in this townhouse will Possibly face the delightful Sungei Serangoon Waterfront, or revel in sees of the stupendous swimming pool.

There are Different civilities around Kingsford Waterbay Singapore. For spare shuttle transport on Hougang MRT, inhabitants In Waterbay townhouse could revel in not difficult get will dining, saving money Furthermore retail choices at Hougang Mall, and close-by heartland shopping center Also Nex Serangoon.

With An totally determination about units sizes What’s more sorts starting with 1 room will 5 room units, penthouses What’s more strata-houses, there will be a perfect gas design for anyone.

118 HDB flats involved in mortgagee sales

118 HDB flats involved in mortgagee sales

There had been 118 cases of completed mortgagee sales involving HDB flats from January 2013 to November 2017, according to a parliamentary reply from the Ministry of National Development on Wednesday (10 January).

It stated this in response to a question from Gan Thiam Poh, Member of Parliament (MP) for Ang Mo Kio Group Representation Constituency (GRC).

Notably, mortgagee sales happen when people default on their housing loans, resulting in banks auctioning off the property to reclaim the amount they lent plus interest.

Gan also asked how many flat lessees have approached the Housing and Development Board (HDB) with the intention of selling their flats to the government agency, as they were unable to dispose the unit via the open market.

“HDB does not buy back flats from flat owners and does not keep records of requests by flat owners who wish to sell their flats to HDB,” replied the Ministry, adding that flat owners who have fulfilled the five-year minimum occupation period (MOP) are allowed to sell their units in the open market.

The Housing Board does not meddle in such transactions mutually agreed upon by the seller and buyer, it said in response to Gan’s query on how the government agency assists sellers in disposing their flats.

“HDB does, however, facilitate the sale of flats on the open market through measures such as publishing information on recent resale transactions on its website, and providing a resale checklist to guide sellers and buyers through the process.”

Furthermore, Gan asked how many flats have been sold by lessees with the sale proceeds being insufficient to return to their individual accounts with the Central Provident Fund (CPF).

The Ministry answered that these numbered about six percent of the total HDB flats transacted in the open market between January 2013 and November 2017.

2,500 households took up HDB’s Lease Buyback Scheme

HDB resale flat

About 2,500 families have successfully applied for the Housing and Development Board’s Lease Buyback Scheme (LBS) since it was launched in March 2009, according to a written parliamentary reply from the Ministry of National Development on Monday (8 January).

It stated this in response to a question from Gan Thiam Poh, Member of Parliament (MP) for Ang Mo Kio Group Representation Constituency (GRC).

Moreover, Gan asked about each applicant’s average payout, and whether the amount they each received has been impacted by the falling resale prices and rental income of HDB flats.

“The average LBS proceeds among the households who have benefited from the scheme to date is about $146,000,” replied the Ministry.

“The payout is dependent on the market value of the flat at the time of application. Specifically, the LBS proceeds (comprise) the market value of the flat with its full remaining lease, minus the value of the lease retained by the household and any outstanding monies due to HDB.”

Under this scheme, elderly owners can sell part of their HDB flat’s remaining lease and opt to retain a length of the lease based on the age of the youngest owner.

The proceeds from this will be used to top up their CPF Retirement Account (RA). They can then use their CPF RA savings to purchase a CPF LIFE plan, which will provide them with a monthly income for life.

To avail of LBS, all owners of a flat must reach the age of at least 65, and their combined monthly household income should not exceed $12,000. At least one of them must be a Singapore Citizen and they must not own a second property.

Furthermore, all owners must have fulfilled a Minimum Occupation Period (MOP) of five years. The scheme is only applicable to four-room or smaller HDB flats, and there must be at least 20 years of lease to sell to the Housing Board.

credits to propertyguru