What are the Questions to Ask when Visiting an Apartment?

Are you moving to a new stage in your life and want to buy your own home? But you are wondering what questions to ask when visiting an accommodation! Whether it is for the visit of an apartment or a house, it is important to prepare in advance in order to ask the right questions to the real estate agent when the time comes. To do this, Tengah EC professional has concocted a checklist of points to address and small tips to follow before confirming your real estate purchase with your real estate agency.

What are the financial questions to ask before even visiting the accommodation?

The financial aspect plays a very important role in the choice of accommodation, so it is essential to be informed of all the taxes, charges, fees or other expenses necessary even before buying the property.

The questions to ask before visiting the accommodation are:

  • Will there be work to be done in this accommodation?
  • How much is the housing tax?
  • What is the amount of property tax?
  • What is the estimated cost of the charges to be expected?
  • Are electricity and hot water included in the rent?

If you opt for a condominium unit, do not forget to ask for the maintenance book and inquire about condominium fees. You will find a lot of useful information and it will allow you to have an idea of the work done and the amounts that have been granted to them in the past. Also, try to negotiate Tengah EC price to benefit from the best possible offer. If you have any doubts about the future work or moves to be undertaken, you can always come back with a specialist such as an architect who can provide you with a clear and precise quote.

What are the questions to ask during the visit of the accommodation?

  1. Property condition issues

Once there, do not be fooled by the beautiful painting or new furniture of the place. Ask the seller everything you need to know about the condition of the home and pay attention to anything that might bother or harm you in the future.

Questions to ask about the condition of the property when visiting the accommodation are:

  • Have the performance diagnoses been carried out recently? Can I take a look at it?
  • Does the electrical diagnosis show irregularities or inconsistencies?
  • Does the boiler, hot water tank or water heater work properly?
  • Are there traces of moisture in the accommodation?
  • Do the windows have single or double glazing?
  • How are the pieces exhibited? How big are they?
  • What are the load-bearing walls?
  • Are some rooms separated by partitions?
  • Does the bathroom have good ventilation or a small window?
  • Is the accommodation well insulated?
  • Has a presence of vermin (mice, insects…) been reported recently?

A word of advice, open your eyes and listen well during your entire visit! Pay attention to the condition of the walls, windows and ceiling.

  1. Housing design issues

Then, have confirmation that you can arrange and modify your property as you wish. Be careful, during a rental for example, the occupant cannot modify all the premises without the agreement of the owner.

Questions to ask about the layout of housing during the visit of an apartment are:

  • Can I paint the walls according to my personal tastes?
  • Is it possible to make perforations or openings in the walls?
  • Do I have the right to change the decoration?
  • Is there any renovation work possible?
  • Can I install a satellite dish or cable?
  • Is carpeting allowed?
  • Can I cut down the trees or build a swimming pool in the garden?

It is likely that the landlord will grant a financial contribution at the request of the tenant for certain changes. You can also opt for Tengah EC showflat viewing to make sure you want to change anything or the condominiums are already perfect.

  1. Neighbourhood and neighbourhood issues

Questions to ask during an apartment visit are:

  • Where are the nearest shops, schools or parks?
  • Is there public transport nearby?
  • Where can I park in the neighborhood?
  • What is the average age of the other inhabitants of the building?
  • Have any complaints already been made?
  • Have you ever had noise pollution?
  • Do neighbors have pets or children that can interfere with tranquility?
  • Is the neighborhood safe at night?
  • When and how do the general assemblies take place?

You now have all the keys in hand to choose the perfect accommodation in your eyes! Remember our list of questions to ask when visiting a home and everything will go well.

Piccadilly Grand is the suitable choice to revel in a lavish space

Piccadilly Grand Condo is an all-new condominium that was that was launched in the Northumberland Road, released for purchase in the Government Land Sale tenders (GLS) situated close to Little India and the Farrer Park Metro station, in along with Little India.

The brand new site that is believed to cover 94,000 square feet can be converted into a mixed-use property consisting of 408 apartments which could be as high as 23 floors in height. Commercial space can be used to store retail and an infant and child care center within the middle.


Piccadilly The Grand is within the Farrer Park MRT Station serving the North East Line. Anyone planning to relocate in the near future will require approximately 8 minutes to get to the Dhoby Ghaut MRT Interchange which is just three stations away from the station. Residents can quickly and effortlessly be connected to both and connect to the North South Line and on the Circle Line.

There is just one station within Little India MRT Station. Little India MRT Station which lets future residents connect with its Downtown Line. With the numerous amenities available at and within It will be easy for homeowners who are new to get to any location within Singapore. New Condo in Northumberland Road is also located just a few minutes away from to the Central Expressway (CIE ). Central Expressway (CIE) and residents of the future will be able to access Singapore’s Central Business District (CBD) as well as city of Singapore’s Central Business District (CBD) and the Orchard Shopping Belt. Orchard Shopping Belt is approximately 8 and 6 minutes , respectively.

Piccadilly Grand is just 200m away from City Square Shopping Mall where there are numerous F&B eateries, cinemas, shops and stores are readily accessible. If you’re looking to shop all night into the night, future residents are only few steps away from Mustafa Centre which is a vast shopping centre that is open throughout the time, day and night and at all times. Other malls located near New Condo include Sim Lim Square, Golden Mile Complex and New Condo are Sim Lim Square, Albert Complex, Golden Mile Complex, Bugis+ Bugis Junction as apart from United Square Shopping Mall.

for food items that are produced locally using local market items There are plenty of options available to people who are planning to move to the area. Northumberland Residences is located near Berseh Food Centre; Pek Kio Market And Food Court Centre, Tekka Market, Bendemeer Road Block 29 Market And Food Centre, Whampoa Drive Food and Market Centre.

Centrium Square Formerly known as Serangoon Plaza, Centrium Square is a stunning complex commercial development which is multi-purpose. The 19-story mixed-use commercial building will have 339 medical suites and retail store comprising 49.

Connection Singapore’s first hospital and hotel complex. Hospitality medical preventive, health, and medical services, as in addition to the medical school and education are brought together in one location. This is the result from the merger of Farrer Park Hospital, Farrer Park Medical Centre, One Farrer Hotel & Spa and Owen Link (Commercial Retail Shops) They’re all within the same building and connected.

The highlights of Piccadilly Grand

  • A sought-after and sought-after suburban fringes is located within the Central Region and close to the vibrant and historic Little India district.
  • Access Access with easy access to Farrer Park MRT Station under 8 minutes strolling.
  • A range of services are accessible within walking distance. There are many services close by, including Mustafa Centre and City Square Mall within 10 minutes walking.
  • Piccadilly Grand can be just 5 minutes walk to Farrer Park School. There are several fantastic schools within the area.
  • This is connected to the Kallang-Paya Lebar Expressway, Pan Island Expressway and Pan Island Expressway, and the Central Expressway.
  • Two highly-respected developers are the main developers in the development.
  • A short train or drive brings people to Orchard Road shopping haven.
  • Nearby to Kwong Wai Shiu hospital and The Children’s and Women’s Hospitals. Farrer Park Hospital and Kwong Wai Shiu Hospital.
  • Piccadilly Grand features 1500 square feet of GFA Retail space as well as 500 square metres of GFA that can be used as a facility for child care.

Site Plan / Floor Plan

Piccadilly Elegant is the ideal option to enjoy a lavish space that has various fittings and fixtures imported from all over the world.

With a wide range of luxurious choices, this home is the ideal option to build the dream home you’ve always wanted located in central. The most interesting features are recreation facilities such as the outdoor deck, which includes an emerald deck, an outdoor pool for children, and much more. Each one is designed with the goal of providing you with the ultimate luxury and living.

MCL Land is one of the most sought-after private property developers in Singapore with over fifty years of experience in the local property sector in Singapore and Malaysia.

The company can be classified under the property divisions that form the component of Hongkong Land Holdings, which is part of the Asian-based Jardine Matheson Group that focuses on several sectors, such as automobiles property development and investment, and furniture for houses, in addition to hospitality and engineering.

The company has an impressive collection of real property properties that cover a variety of Asian countries as well as Singapore. They include Hong Kong, Malaysia, Philippines, China, Vietnam, Thailand, and Indonesia.

The most well-known residential project includes Parc Esta near Eunos MRT station, as well as Margaret Ville near Queenstown MRT Station. They are both among the newest announced projects from MCL Land.

The site is located close to locations such as Mustafa Centre, City Square Mall, Tekka Place, Tekka Market, Little India Historic District and Pek Kio Market and Food Centre. Schools such as Farrer Park Primary School and St Joseph’s Institution Junior are within walking distance from. It is also close to and the Farrer Park MRT Station on the North East Line.

The site that is located between Gloucester as well as Race Course roads connects located close to Station of MRT Farrer Park, City Square Mall, Mustafa Centre and Connexion An integrated hotel and hospital expansion.

People living in Piccadilly Grand Condo can quickly get to the farrer park MRT station. The Farrer Park station is located on the North-East Line in less than five minutes . You can access Downtown Line via the Downtown Line via Little India MRT station, which is located on the Farrer Park MRT. Downtown Line is Singapore’s 5th MRT Network that connects to the five major MRT exchanges. This is for making Piccadilly Grand a attractive choice to purchase.

Piccadilly Grand The hotel is situated in a strategic location close to several establishments, including City Square Shopping Mall, Mustafa Centre, Centrium Square and Centrium Square, making shopping easy. There are numerous dining options and options within the famous Jalan Besar region. Farrer Park Hospital is situated near Piccadilly Grand.

Piccadilly Grand can be close to numerous transportation options, providing a great access to city and other important parts of Singapore. Whatever your preference is for commuter or private transporter, Farrer Park has you covered. It’s possible to have an easy and pleasant trip that connects you with services in your local area and also within the city’s central zone and towns nearby.

City Developments Limited (CDL) is a top real estate firm that has an international network that includes greater than 106 sites in 28 countries and regions. It is listed on the Singapore Exchange, the Group is among the top firms with respect to market capitalization. Its income-stable and geographically-diverse portfolio comprises residences, offices, hotels, serviced apartments, shopping malls and integrated developments.

More than 55 years of investment, development and management, the Group has constructed over 46,000 dwellings and more than 24 million sq. feet of flooring in residential, commercial and hotel properties all over the world. The land bank of the company that is spread throughout the world, comprises 3.4 million sq feet of property.

CDL is regarded as a leading company in this sector and consistently receives numerous awards for its environmentally-friendly constructions. In this year’s Building and Construction Authority (BCA) Awards in 2019 CDL was the first developer to be recognized with an award that is known as”the Quality Excellence Award – Quality Champion (Platinum) for seven consecutive years. This award recognizes the most creative developers and builders for their commitment and achievement in creating high-quality homes thanks to their commitment and quality control systems. The BCA’s online tool “Search for Quality Homes”, CDL was ranked as the most effective developer and recognized for its excellent work.

There’s nothing quite as a unique as Belgravia Ace

A prime property with a premium freehold property, Belgravia Ace is about the enjoyment to live in a land property that has communal amenities. The idea was born to satisfy the need for spacious living spaces in an estate that is gated and shared and is an intelligent investment opportunity that is only a few minutes away from Singapore’s most modern businesses that are based on innovation, such as Punggol, the North Coast, Seletar and Punggol. Most importantly, its freehold status will create an enduring legacy for the next generation to cherish.

Belgravia Ace is the third and final stage of the Belgravia Collection by Tong Eng Group on Belgravia Drive located off Ang Mo Kio Ave 5. It is a new freehold launch landed cluster project from the Tong Eng Group that lies in District 28 of the famous Belgravia precinct. A unique development, it comprises the 104 exclusive semi-detached units and three terraced houses.

The complete condominium Belgravia Ace to be constructed and spread across the entire land parcel. residents will be able to enjoy a lot of outdoor space along with fresh air and sunshine in newly built apartment units.

The landscape within the site will give residents an opportunities to connect with the natural world. Alongside the regular pools and swimming areas, BBQ and outdoor cooking pavilions, there will also be activities areas for children’s after-school programs as and adult yoga classes and martial arts.

The Image are artist’s representations of Belgravia’s fitness facilities. Green, which is likely to be similar to Belgravia Ace residents.

It is a great mix of options, including tempting F&B options like Cedele, Rakuichi Sushi, Toast Box and The Coffee Bean and Tea Leaf. There’s as well a Cold Storage supermarket to meet your needs for groceries on a daily basis and other services like seven-eleven, Guardian Health & Beauty and a medical clinic, and children’s enrichment schools.

The Greenwich V experience is one of tranquil, natural-chic, and charming village-like setting and a lively and distinctive concept for outdoor living, Greenwich V completely transforms conventional expectations of lifestyle and shopping.

A unique shopping experience is waiting for you.


The Belgravia Ace is built in partnership with Fairview Developments, a fully owned division belonging to Tong Eng Group. Tong Eng Group. The way they operate is very unique in the way they build homes which are classified according to their location. This includes Poets Villas, Stratton Park, 8 @ Stratton, Belgravia Park, Belgravia Villas as well as Stratton Green Park.

The final was Belgravia Green that is currently being developed.

Belgravia Green Belgravia Green an eco-friendly building built upon the principles sustainability and sustainable living. The condo has been built with the most advanced technological advances to guarantee that the residents are not impacted by external environmental influences. The structure itself has been built with a distinctive style that will be an integral part of Singapore skyline. The new residential development, located within Ang Mo Kio, offers residents a modern and comfortable life in a neighbourhood dotted with lush greenery.

Tong Eng Group is a respected property developer. Since its founding, Tong Eng has developed properties in Singapore such as the highly acclaimed Parc Condominium, Park Estate and The Beaufort. Tong Eng also develops properties in China. Tong Eng prides itself on being a family-owned business that has more than forty years experience, and a philosophy that blends honesty and passion for quality.

The land that will be used for the construction of Belgravia Ace’s cluster houses was in the hands of Tong Eng quite a time. The land is part of the largely freehold/999 leasehold Seletar Hills Estate (District 28) which goes back to the beginning in Singapore. The privately owned plots were purchased from Tong Eng at a much lesser cost than the plots that were included in the sales launched in the last year. But it’s not likely they’ll be selling at the prices they were offering at the time particularly since the most desirable sites in the area are currently being sold for over $2 million per parcel.
We’ve estimated that the adjacent Belgravia Green for sold roughly SGD$3.9 million for each. The condos were not as spacious than the ones that Belgravia Ace has to offer and it’s possible to speculate that these semi-detached luxury condominiums may be priced somewhere in the line of $3-4 million.

The project is an upgrade of a unit located in Ang Mo Kio Ave 5 by a well-known developer. This is a truly distinctive development situated inside Singapore’s Seletar Hills neighbourhood of Singapore. The apartments are a ideal size for families who require ample living space. each house can accommodate 2 cars within the property. Facilities such as the relaxation cove, pool spa, wellness and relaxation area are thoughtfully integrated in the building to let residents relax after a long and tiring day at work. Educational institutions such as Ai Tong School and nearby shopping centers (Seletar Mall & Greenwich V) are all within a short distance which makes this property very accessible to all visitors to the property.

The site is located in the greenery of the established estate for landed homes in Seletar Hills, the undulating site has a tranquil and charming appeal that is uncommon in the city of Singapore.

Greenwich V can be described as an intimate and cozy mall that is created to be a retail and lifestyle center with outdoor eating and outdoor dining areas that are casual.

Singapore Investment Income To Grow 5% In Line With Annum In 2019-2024

Read more Early Bird Price Launch this Saturday for The Avenir Condo

Early Bird Price Launch this Saturday for The Avenir Condo

Property investment earnings in Singapore is estimated to increase 5% annually in the longer term within 2019 to 2024 even because this year’s earnings is anticipated to fall 24% , shown a Colliers International report.

“In the absence of big-tickets prices, the housing sector directed the quarter overall investment volume for the first time because Q3 2018 in 51%. Developers’ opinion remains wary, judging by the comparatively robust variety of exemptions but subdued bid costs throughout the property tenders,” said Tricia Song, Head of Research for Singapore in Colliers International.

In Q1 2020, residential trades jumped 68.5% quarter-on-quarter to $2.0 billion on solid public property sales. Although developer had bid to the Government Land Sales sites because of market uncertainties, buyers’ requirement”remained continuing at new condo launches in addition to in landed home and decent Class Bungalow (GCB) earnings”.

Market sentiment is forecast to recover in the longer term, underpinning an average yearly increase of 12% over 2019 to 2024.

Industrial investment earnings, on the other hand, slumped 46.9% quarter-on-quarter and 35.4% year-on-year to $758 million, potentially because of cost mismatch and fewer investible assets, combined by the effect of Covid-19 outbreak along with the downturn in office rental increase.

Nonetheless, Colliers anticipate that year’s commercial property actions to coincide with the levels attained in 2019 mostly on the approaching materialisation of this merger of CapitaLand Malls Trust (CMT) and CapitaLand Commercial Trust (CCT) from the next quarter.

“The industrial industry remains the most appealing for investors, as short-term disturbance could give means to long term chances. Investors must stay watching for resources and standing for a restoration. A substantial dip in H2 at Singapore is potential, given Singapore’s strong policy reaction to COVID-19, strengthening its safe harbor status,” explained Jerome Wright, Senior Director of Capital Markets in Colliers International.

“We predict merger and acquisitions from the industrial property industry to pick up at the next half. Full-year volume, nevertheless, should facilitate from a solid 2019. Industrial assets stay appealing to qualifying investors Because of Their higher returns,” stated Steven Tan, Senior Director of Capital Markets in Colliers International

Workplace call for shrinking but Grade-A workplace rents will preserve consistent in 2020

Read more HDB Raises Solar Goal for 2030 to 540mwp

HDB Raises Solar Goal for 2030 to 540mwp

For the office industry, islandwide office internet absorption has fallen to 1.08 million sq feet in 2019down 31.9percent from 2018, which can be indicative that workplace demand is decreasing.

Broadly, office internet absorption is a metric which goes in tandem with GDP growth. Together with the government’s revision of GDP increase from 2020 into the assortment of -0.5percent to 1.5percent in the previous projection of 1.5percent to 2.5 percent, office take-up speed is very likely to be affected also.

Within an environment where company sentiments are wary, CBRE foresees lower capital costs and much more renewals.

There’ll be small to midsize trades instead of large deals over 30,000 sq ft. That is because of slower growth in the engineering and agile space businesses, which generally required large office spaces.

CBRE forecasts that only nimble space operators with powerful company funds will expand this season. Additionally, CBRE Research notes that lots of office buildings have an agile space part to deal with any temporary modifications in headcount from present building occupiers.

Since the agile space industry eases off at take-up of rentals, CBRE jobs that workplace market need will probably be”more balanced” in 2020, with more limited to midsize companies contributing to leasing action.

Vacancy levels are predicted to trend up during the next few years, which indicates that leasing growth will slow, says CBRE. But prospects for the workplace market appear stable as there’ll be restricted distribution of Grade-A offices in 2020.

If office need stays low and more jobs are finished in Singapore, workplace leases might face downward pressure from 2021 onwards.

Non-Public Residential Market to Stay Solid, Redas

Read more Upward momentum in SG Condo expenses should remaining till Q3 2020

Upward momentum in SG Condo expenses should remaining till Q3 2020

Redas president thinks that the authorities will act where and if necessary to maintain a stable and sustainable real estate market.

Regardless of the uneven new house sales performance across various projects and sections, Real Estate Developers’ Association of Singapore (Redas) president Chia Ngiang Hong anticipates the private residential market to remain stable in accordance with economic fundamentals, reported The Business Times.

“At the start of the year, many analysts anticipate new house sales for the year 2020 to remain resilient and approximately match 2019’s degree. Prices of new houses are not expected to change considerably,” explained Chia.

That is notwithstanding the remaining matter of land developers over the long run supply and buildup of unsold inventory.

Chia is convinced that the authorities will act where and if necessary to maintain a stable and sustainable real estate market.

In fact, the very powerful”growth in fixed asset investments and foreign direct investments in 2019 despite powerful headwinds is testament to this. Our monetary and fiscal systems are well managed and seem”, he said.

He also considers that the financial fundamentals of this city-state remain solid, together with Singapore continued to attract talent, companies, global capital and investments.

Chia noted that”opportunities abound to us to utilize our authorities and city planners to further build, transform and modernise Singapore”.

Therefore,”climate change, technological advancements, smart innovations and evolving demands and aspirations while tumultuous will also introduce new opportunities for our real estate companies”.

These factors, according to him, can help strengthen and encourage the market’s expansion while maintaining the real estate companies and the market stable and resilient, and despite the current challenges at the macro-environment.

HDB Upgraders Raise New Private Home Sales

Read more Singapore’s Residential Market Cautiously Being Optimistic by Frasers Property

Singapore’s Residential Market Cautiously Being Optimistic by Frasers Property

The new personal home sales section had a fantastic streak in 2019, thanks partially to attention from HDB upgraders that have been purchasing new stock directly from programmers.

New private houses bring HDB upgraders

Developers marketed 10,104 residential units this past year, a substantial 14.9% over the 8,795 units sold in 2018. A number of the buyers of fresh home were preceding HDB owners that had sold their public housing units to move to the private property industry.

Analysts are invited by the amounts especially against the background of an uncertain international economic circumstance.

Vast majority of the trades were from the suburbs, with 6 out of the 10 top-selling jobs from 2019 located in the exterior the central area. HDB upgraders usually search for properties close to their prior houses or at neighbouring HDB estates, therefore this outcome is hardly surprising. Over half of the earnings were from previously-launched jobs which brought buyers using their cost points.

Will resale HDB economy also gain from updating cycle?

The next half of 2019 watched more buyers picking up units straight from the programmers, possibly as more jobs were launched during this interval. Developers sold 2,635 programmers units in the previous quarter of 2019.

New home costs are expected to grow 2% to 4 percent annually using 11,000 new units expected to be published this year more than 50 launches. As more HDB upgraders seem to market their HDB apartments, will the resale public home market also gain from this up movements? The resale HDB marketplace is thought to have bottomed out last season, this season’s sales volume might be held up by HDB upgraders.

Thomson-East Coast Line Stage 2 Heading in the Right Direction for 2020

Read more Extravagance homes prosper in the midst of restored force from ultra-rich remote purchasers

Extravagance homes prosper in the midst of restored force from ultra-rich remote purchasers

Together with the first 3 channels of this Thomson-East Coast Line (TEL)–Woodlands North, Woodlands, Woodlands South–set to start on 31 January 2020, the Land Transport Authority (LTA) has said that the line’s next point is currently on track to start at the next portion of the year.

Including both wheeled channels at Caldecott and Bright Hill.

“Bright Hill channel will connect into the future Cross Island Line, whilst Caldecott channel will connect into the existing Circle Line (CCL),” said LTA.

It demonstrated that it confronted a struggle in installing the 1,500 secant bored piles for the Bright Hill channel on account of the existence of granite round the region.

“Since the region is highly urbanized, the tunnels out of Bright Hill channel towards its adjoining stations required tunneling beneath an existing low-rise residential construction. To guarantee security, improvement work was completed to reinforce the building’s base system before tunneling work,” it stated.

Singapore’s sixth MRT Line, the 43km TEL provides 32 new channels to the present railroad system, eight of which can be interchange stations.

TEL will gain around 100,000 families”as they’re currently within a 10-minute wander from among the nine channels”.

“When fully functional in 2024, the TEL is expected to serve approximately 500,000 commuters each day from the first decades, increasing to approximately one million commuters from the long term,” it added.

Public Auction for Parc Rosewood Unit at $1.08 mil

Sengkang Grand Residences brochure pdf

A 1,335 sq feet, two-bedroom penthouse unit in Parc Rosewood, together Rosewood Drive at Woodlands, will soon be set up for auction on Jan 21 at a direct price of $1.08 million ($809 psf), based on Edmund Tie, which will be managing the auction.

Register your interest for a showflat appointment to receive your Sengkang Grand Residences brochure pdf.

The fifth-floor penthouse has 2 degrees, also overlooks the greenery of the Mandai region, states Joy Tan, head of sales and auction in Edmund Tie. “The scenic unobstructed view is quite uncommon in Singapore and provides the residents peace and respite from your hectic lifestyle,” she adds.

Prospective citizens would also have the ability to appreciate their own private jacuzzi in the roof patio with unblocked views of the greenery,” she states.

According to documents logged together with the URA, units in the development with dimensions of 1,300 to 1,400 sq feet can fetch rents of $2,200 per month. Lease income can come from tenants operating in the local Singapore American School, the Woodlands Industrial Estate or the near future Mandai eco-tourism hub, says Tan.

Finished in 2014, Parc Rosewood is a 99-year leasehold advancement in District 25 containing 689 units. It sits on a massive website of 294,716 sq feet, she states, allowing for complete amenities and many swimming pools to be spread out between the home blocks.

Thus far, the land has drawn attention from couples and singles that are searching for a house away from the hustle and bustle of town life,” says Tan. She adds it is convenient since there’s a bus stop directly outside Parc Rosewood that attracts residents to Woodlands Central or straight to city.

Meanwhile, prospective investors that are eager to spend in Parc Rosewood may be”attracted to the possible catchment of renters and potential capital appreciation, when the local Mandai eco-tourism hub is up and running and opened to the public”, notes Tan.

$4.5 mil Profit Earned by Beverly Hill Units

Read more Property Developer Witnessed SingHaiyi Post $4.6m Loss Revenue Recognition

Property Developer Witnessed SingHaiyi Post $4.6m Loss Revenue Recognition

Capping off 2019, the most lucrative deal throughout both months of Dec 17 to 31 happened at the Beverly Hill condo on Grange Road. A 3,778 sq feet, four-bedroom unit on the floor changed hands for $7.7 million ($2,038 psf) on Dec 20. Therefore, the owner made a gain of $4.48 million (139 percent ), or an annualised gain of 4 percent over nearly 25 decades.

It includes a 23-storey block with four-bedroom units of 3,778 sq feet, in addition to penthouse units of 7,556 sq ft.

This was the next trade at Beverly Hill at 2019. Another trade included a four-bedroom unit on the 11th floor which caused a reduction of $520,000 (6 percent ) for the vendor. This unit changed hands for about $ 8.1 million ($2,144 psf) in October this past year, following the owner bought it for $8.62 million ($2,282 psf) at July 2007. This equates to an annualised reduction of 0.5percent over 12 decades.

The 2nd most rewarding trade throughout the period in review happened at The Grange in Grange Garden. A 2,303 sq feet, four-bedroom unit around the 17th floor changed hands for about $ 6 million ($2,605 psf) on Dec 23. It was purchased for $4.15 million ($1,802 psf) at February 2015. The seller made a $1.85 million (45 percent ) gain, or an annualised gain of 8 percent over nearly five decades.

A freehold condominium in prime District 10, The Grange was designed by MCL Property in 2008. The development includes three- and – four-bedroom units of 1,743 sq feet to 2,301 sq feet, in addition to penthouses of 4,379 sq feet to 4,433 sq ft.

Meanwhile, the selling of a 1,033 sq feet, two-bedroom unit on the 16th floor of The Sail @ Marina Bay has been the very unprofitable deal listed throughout the period in review. It was purchased for $2.68 million ($2,594 psf) at August 2011. Therefore, the seller incurred a loss of $520,000 (19 percent ), or an annualised reduction of 3 percent over eight decades.

The 2nd most unprofitable bargain for the period happened at The Solitaire, a 59-unit freehold condominium in Balmoral Park. A 2,164 sq feet, four-bedroom unit on the floor changed hands for $4.1 million ($1,895 psf) on Dec 26. The seller walked off with a $476,420 (10 percent ) reduction, or an annualised reduction of 1 percent more than nearly 13 decades.