Kensington Square

Kensington Square is a new and upcoming condominium located in the Bartley area, right next to Bartley MRT. It is within a short drive to Little India, Orchard and city area. With expected completion in mid 2017, it comprises of 141 Residential units and 57 commercial units. Future residents will be able to walk to the existing Bartley MRT in the Circle Line. With such a short drive to the city area as well as the orchard and bugis area, entertainment for your love ones and family will come at a stone’s throw away.

Parc Riviera clementi 321

Gems Condo is a highly anticipated condo which is launching right in the heart of Toa Payoh. It is located near to Toa Payoh Hub and only a short walk to Braddell MRT Station. There are also many amenities which are near to The Gems such as Safra Toa Payoh and Toa Payoh Hub. Therefore Gems Condo which is launching with showflat at the site itself will be anticipated. Gems Evia Real Estate will launch around 2nd quarter 2016

Kensington Square has full and unique facilities, which includes a guard house, clubhouse, children’s playground, swimming pool, piano room, pool room, indoor gym, hydrotherapy beds, hydrotherapy baths, reading room, function room, onsen, jacuzzi.

High Park Residences

The condo’s facilities provide full family entertainment needs for your family and loved ones. Indulge in a serene and tranquil lifestyle right in the heart of Bartley.

Several buses are available near Bartley Road and Upper Paya Lebar Road along with shopping centers and restaurants. Kensington Square is also near to Nex Shopping Centre as well as the buzzling Toa Payoh area. Entertainment for your loved ones and friends is therefore at your fingertips with the full condo facilities as well as the amenities in Bartley

Kensington Square will be accessible via Bartley MRT station on the Circle Line. Commuting to Toa Payoh and Paya Lebar area as well as the city area is therefore very convenient. It is also near to many eateries along the Upper Serangoon area as well as NEX shopping mall.

Kensington Square is also near elite schools such as Cedar Primary School and St.Gabriel Secondary School. Paya Lebar Methodist Girls’ School and DPS InternationalSchool are also around in the area.

Westwood Residences Koh Brothers

For vehicle owners, it takes less than 10 minutes to drive to the business hub and vibrant Orchard Road shopping district, via Pan Island Expressway (PIE) and Central Expressway (CTE).

A wonderful and unique lifestyle awaits you. Please see Kensington Square project details and floorplans for more information.

 

Other Launches in Singapore

Sol Acres – Choa Chu Kang EC by MCL Land Singapore Executive Condominium

High Park Residences – High Park Residences Fernvale Condo by CEL Development and Chip Eng Seng

Westwood Avenue Residences EC – Westwood Residences EC by Koh Brothers and Heeton Homes

New EC Signature at Yishun – New Yishun EC by JBE Holdings. At Yishun Street 51.

The Vales at Anchorvale Crescent – SinghaiYi the vales ec anchorvale sengkang

Thomson Impressions – Nanshan Group Thomson Impressions launching soon

Wandervale new cck ave 3 – Choa Chu Kang Drive EC by Sim Lian Land Pte Ltd

Treasure Crest One Sengkang Mall – New EC at Waterway Point Punggol at Anchorvale Crescent Sim Lian

UOL New Redhill Condo – Prince Charles Crescent Principal Garden Condo by UOL

The Criterion City Developments Limited – Yishun Street 51 EC by City Developments Limited

Skies 39 – Toa Payoh Condo Skies 39 by Evia Real Estate

MCC Land Tampines New Condo – MCC The Alps Residences at Tampines Avenue 10

Qingjian EC Sembawang Road Canberra MRT – The Visionaire Canberra MRT Station

Jurong West Condo – Lakeside MRT by MCL Land Lake Grande Jurong West Street 41

Cairnhill 9 Somerset – Ascott Mix Development in Orchard by Capitaland

Parc Riviera Condo – Parc Riviera New Condo at West Coast Vale

The Gems is a new condo by Evia Real Estate which is going to launch in Toa Payoh Lorong 4 and Toa Payoh Lorong 6 by Evia Real Estate

Dundee Road Condo near Management Development Institute of Singapore

Singapore’s landlords are faced with bad luck currently, and they can blame builders for it. The market is already faced with a slump, and while developers continue to introduce more property, the landlord’s misery keeps on increasing.
In the last year, the largest office real estate investment trusts in the city – Suntec, CapitaLand Commercial and Keppel Reit- have lost between 24 to 30 per cent of their Ikea Alexandra investors.

HY Realty Dundee Condo Queenstown Primary School

Without them, and the median return on Reits approximately $1 billion market value, the market property has seen a 10 per cent drop globally as indicated by data from Bloomberg. Keppel Reit and CapitaLand Commercial are set to report earning this week, after which they plan to offer dividend yields starting from 6.5 per cent to 736 per cent. This is a considerable premium on the 2.4 per cent yield charged on the ten year Singapore government bonds. However, investors for Crescent Girl’s School condo are still wary of the market.

The residential market is also on a down ward trend. Prices for Management Development Institute of Singapore (MDIS) Condos have dropped down by 8.4 per cent in the last two years. The drop was occasioned by government policies meant to reduce speculation and safeguard the Singaporean households from going further into debt. The government is expected to introduce measures to prevent further drops in Queensway Shopping Centre condo price, however. Fundamental speculations, however, plague the office market. Through misplaced optimism in China’s ability to sustain a growing economy, Singapore’s developers observed a 9 per cent drop every year.

Crescent Girl’s School Dundee Road Condo

They saw Reit’s continued development of glass-and-chrome towers as a sign of increased demand instead of a desperate search for investor yields in queenstown mrt condo. The city’s tallest office tower is set to open this year, despite the frail market conditions. The single project will yield 38 stories of prime office space at hy realty condo, but the question is where tenants are going to come from. The banking industry is still recovering, with Barclays set to reduce its Asian footprint.

As things stand, 20 major foreign banks in Singapore’s capital city occupy more htan550, 000 square feet of office space. There are 7.4 million square feet in development which will be launched on the market in 2016. Jones Lang LaSalle, a property researcher, expects the new space to result in a further 20 per cent price drop this year for HY Realty Dundee Condo.

Valleypoint Shopping Centre Queenstown Site

Currently, the search for profit in the country’s office market is well over. The cost of borrowing is skyrocketing, with the central bank looking for value in highly leveraged purchases. Given that Reit has a 45 per cent borrowing handicap on its assets, there is not much room for investing in buying a cheap property from developers.
The government is expected to step in given that 90 per cent of Singapore’s population owns a private home. However, offices are not a top priority since with more spaces available the cost of doing business will be cheap.

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Paya Lebar Condo near City Plaza and One KM Mall

The Urban Redevelopment Authority (URA) illustrated that the value of private homes was down by 0.5 per cent in the last quarter of 2015. This was an accumulated 1/3 per cent quarter-on-quarter fall observed in the third quarter of 2015. However, 2015 only resulted in 3.7 per cent drop in prices for Lend Lease Condo near City Plaza, compared to a fall of 4.0 per cent in 2014.

Lend Lease Condo near City Plaza

Nin-landed private home prices in Core Central Region (CCR) dropped 0.3 per cent q-o-q while in the city outskirts (Rest of Central Region (RCR), prices dropped by 0.4 per cent. There was not price change in the suburbs OCR (Outside Central Region). Schools such as Geylang Methodist Primary School, Geylang Methodist Secondary School and Tanjong Katong Girls’ School are around the area.

For all quarters in w015, non-landed private homes in CCR, RCR, and OCR dropped by 2.5 per cent, 4.3 per cent and 3.7 percent in that order.
The URA report also showed that private residential rentals dropped by 1.3 per cent in the fourth quarter of 2015. In the previous quarter, the drop was a marginal 0.6 per cent. The entirety of 2015, there was a decline of 4.6 per cent in the market compared to a 3.0 per cent fall in 2014.

Paya Lebar Central Condo One KM Mall

The director further observed that Government Land Sales (GLS) developers could pay as much as $39.6 million in 2016 as ABSD. In 2018, the figure could go as high as $568 million. For projects located on non-GLS sites, ABSD duty would kick in at the end of the year and early next year.
Due to this, developers have introduced incentives to propel their City Plaza sales agents to get more buyers, according to Mr. Desmond Sim, the research head at CBRE in Singapore and South-East Asia.

Geylang Methodist Primary School Mix Development

Non-Singapore developers are further required to complete a residential project five years after buying the site, and they should have sold all their units two years after completion. This is another source of pressure, as coded in the Qualifying Certificate (QC) rules. If a developer wants extra time to finalize completion or sales, then he has to pay for the extension. Unlike the ABSD, the QC amount is pro-rated about the number of unsold units in Lend Lease Australia Condo.

However, it does appear that non-Singapore developers will attract further ABSD charges. Ms Christine Li noted that ABSD charges will kick in first, and if a developer wants to avoid paying hefty charges, then they must sell as many units as possible. Therefore, when they are pro-rated, the less number of units remaining will attract a smaller charge. Ms. Christine is the research director at Cushman and Wakefield.

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Clementi Ave 1 Condo

December is usually one of the slowest months in terms of housing resale figures in any case. This year that has definitely been the case for Singland Homes Clementi Ave 1 Condo. There was a 4.3% drop from November to December yet that could have been worth if buyers were not turning to resale properties instead of new builds. Buyers have turned to resale properties in order to save money.

Effectively the housing market in Singapore is standing still, a situation not helped by the decline in the economy, which decreased by 1.3% during the year.

New Year Property Sales by Developers

This year 18,000 new Clementi Condo near NUS housing units have been built, an increase of 3,000 since last year.

With the New Year’s celebrations barely over at least one property developer is anxious that the land sales ball should get rolling again.

With that in mind the Singapore government will have just made property developers and real estate agents have a happier New Year. That is due to the Urban Redevelopment Authority (the URA) announcing that a 2.44 ha land site that was on the reserve list has been triggered for sale.

It is estimated that 570 homes will be constructed on the plot of land at the junction of the New Upper Changi Road with Bedok South Avenue 3.

New Year Sales in UOL Clementi Ave 1 Condo

An undisclosed Clementi Avenue One Condo development firm has already committed itself to a minimum bid of S$320 million, which equates to S$580 per square foot per plot ratio (psf/pr) the URA has said.

Triggering a land site auction so quickly in the New Year, especially among continuing gloomy economic news indicates that Singapore property developers must simply keep their firms ticking over. Property developers basically need the main raw material of land to keep their business running along. Without land they cannot have properties built to sell or lease to make profits.

With a bid already been made, that comes less than four months after the land parcel was taken off the reverse list. That land parcel at Lorong Lew Lian was triggered and quickly sold last year. This sale caught some real estate experts by surprise as they did not think land would sell in the current economic climate.

West Coast New Launch Singapore Clementi Ave 1

In the last few years the economy of Singapore has been so depressed that the country’s property Singapore Land Singland Homes developers have got involved in construction abroad simply to earn the money they needed to keep afloat. There was not enough money at home to carry out building projects, and it was really difficult to sell the properties they had built. Yet these companies have regained interest in building projects in Singapore.

It has sensible policy on the part of the URA and the Singapore to make land parcels available to get development firms involved in building projects at home again.

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Qingjian CCK EC

Private Home Prices are Expected to Drop 5 to 15 Percent During 2016 and 2017
OCBC Investment Research stated that it expects the private home prices to go down 5 to 15 percent over the next two years. Analyst, Eli Lee has reported that residential rents may from 8 to 15 percent over the next two years. He pointed out the three key reasons that the domestic residential prices will change so much over the next two years.

First, there is an oversupply of housing, which can increase vacancy rates. Next, floating mortgage rates will rise along with interest rates. This will affect housing and rental affordability. Finally, curb reversals after the price declines will reach the double digits beginning in 2016.
During the first 11 months of the year, 7,380 private homes were sold. For all of 2015, consultants are estimating that sales stay around 7,500. This is very close to the 7,557 that were sold in 2014.

Tender for CCK EC

For 2016, is is estimated that 6,000 to 9,000 private homes will be sold.
The seller’s stamp duty (SSD) and the additional buyer’s stamp duty (ABSD) that was imposed in 2010 and 2011 may actually have a strong impact on the high end housing.

The value of property that is auctioned off has reached a 5 year high of $102.27 million. However, the number of sales have not increased. While the number of sales this year are the same as the last, the total value has increased by 41 percent. Residential homes have dominated the listings, and 26 homes were put up for auction. Also, the auction market has been very quiet, with sales plunging 76 percent and only four properties have been sold this quarter. There were only four properties that have been sold this quarter, this is down from the 12 that were sold last quarter. Three properties were sold as mortgage sales, two were residential properties and one was an industrial property.

Qingjian Realty Choa Chu Kang EC

Aside from 2013, the number of properties that were put up for action since 2009 was much higher than the number of industrial and commercial sites. In 2013, residential real estate made up 46 percent of all listings.
In the last two years, there has been a significant increase in the number of mortgage properties that made up a portion of auction sales.

Brickland Choa Chu Kang Ave 5 EC Price

Because there are increases in interest rates and softening of the rental market expected, the chances that mortgage sales will go up in 2016 is expected. Residential properties are expected to make up the majority of these. According to an analyst, auctions are going to be seen as a way to get a good property at a great price, despite the marginal, general decline in price.

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Alexandra View Condo

When economists were surveyed about the economic prospects for Singapore in 2016 all 22 of them predicted slightly higher economic growth rates in Tang Skyline Redhill Condo than have been achieved in 2015. The survey was carried out by the Monetary Authority of Singapore (MAS).

In recent years it is not only the building sector within the Singapore economy that has been suffering. At present the industrial sector has been hit the hardest as many countries that it exports to have gone through hard times and ordered a great deal less from the factories of Singapore over several years in Tang Skyline Alexandra View Condo.

Fastest Growth in Redhill Condo

Whilst manufacturing represents 20 % of the Singapore economy it is estimated that this sector shrank by 4.7 % during 2015, which was worse than the predicted decline of 2.7 %.

Despite the depressed state of the construction and manufacturing sectors the economic experts have predicted a 2.2 % growth rate for the whole of 2016, 0.2 % higher than the growth predicted for this year.

That growth rate was predicted on the basis that the Singapore economy for Redhill Tang Group of Companies Condo will be boosted by increased exports to other countries. The experts are anticipating that trade with China in particular will pick up during 2016. Should other economies also have higher growth rates such as Japan and the United States that could potentially assist growth in Singapore too. That is the prediction of CIMB Private Bank Economist Song Seng Wun.

Redhill Tang Group of Companies Condo

Effectively Redhill Condo financial service, insurance, as well as wholesale are the sectors with the highest growth rates of 6%. Without that the Singapore economy would be in trouble.

However the factories in Singapore have generally stock piled their goods as demand has not been as high as normal either at home or abroad. This means that these factories are producing less new goods and hoping that business picks up soon. If that does not happen than decline instead of growth will happen in the industrial sector in Redhill MRT Condo. This is according to Mr Leong of Barclays.

So far this year Singapore has not benefited from the Christmas / Festive affect as much as it does in most years. Should prove to be the case than economic growth will have been weaker than it was expected.

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