Media reports state that the landed housing sector is feeling the constraints of the property cooling steps being augmented by the government, as compared to the non-landed sector of the market.
According to data supplied by URA, there has been a 5.1% drop that the landed house price index has suffered over the past 4 quarters, whereas the non-landed price index only showed a 3.3% decline for Kingsford Waterbay Serangoon.
Ong Teck Hui, the Singapore Research Director of JLL, has stated that it was previously assumed that the landed home sector would show greater resilience than the other sectors, due to it having such a strong demand and very low supply.
Cooling steps for Kingsford Waterbay Condo
Ong Teck Hui further adds that it appears that there was a worse effect than expected on the landed sector as a result of the TDSR (Total Debt Servicing Ratio). Due to extremely restricted borrowing the number of potential buyers for landed housing is much fewer. Those that are still units of Kingsford Waterbay Serangoon Condo in the market for a landed home are stifled by their extensively cut budgets. A deficiency of transactions inside the luxurious estate segment might very soon end as plenty of ultra-rich purchasers at the moment are starting out scour the sector for mass acquisitions of underpriced high-end residential units of Kingsford Waterbay Serangoon together with possibility of long-term price appreciation, said Colliers International and reported in the mass media.
Waterbay Kingsford Condo Property
The Director of R.ST Research, Ong Kah Seng, has added that more buyers for Kingsford Waterbay Serangoon are taking preference to much smaller and more modern looking homes in Kingsford Waterbay Serangoon. He further added that discerning buyers perceive landed housing in Singapore to be of less value due to older designs and higher costs, making them less likely to be purchased. Areas such as Johor are offering landed property that is in a more affordable price range.
Homes in Upper Serangoon Condo
Nicholas Mak, who is the SLP’s International Executive Director, has pointed out that the more draconian eligibility criteria for Permanent Residents has also had a negative impact on Kingsford Waterbay Serangoon for those looking to buy property of this kind.
Data has shown that, from the time these tougher regulations were implemented over the past 2 years, there have been a drop in the amount of Permanent Resident who were granted the ability to purchase these homes, showing 31 in 2012, a sharp contrast to the 117 we saw just a year ago and 145 in 2010.
Several investors are seeking houses near the MRT Station as transportation alternate options are alpenty as well as hence this has caused various of the home and property asking prices next to the MRT to increase. Yishun Symphony Suites may present them the opportunity to invest as it is quite near to the MRT and therefore may present them a good chance to enter the property market.
EL Development Symphony Suites Condo
Some home buyers are expecting real estate property developers to lower down their selling prices for the units as there are several empty units in the development which are still unsold. Even though property developers for Symphony Suites Condo are willing to work out on the prices, numerous buyers are also mindful when on the lookout to enter the property market to buy Yishun Symphony Suites recently as the TDSR property measures has made it difficult for buyers to get the required amount of loan.
Symphony Suites Condo
Plenty of research analysts believe the prices will definitely increase because marketplace demand among speculators continues to be robust. Speculators are always looking out for cheap property deals and the current market environment seems to feed the buyers with such property deals. Property consultants attributed that home and property prices drop could possibly be the general deficiency of market demand for properties that are priced reasonably. Buyers are looking for good deals in Yishun Symphony Suites condo and therefore are scouting around in PropertyGuru or other places for units released by buyers.
Symphony Suites Condo at Yishun
Despite having sluggish growth within the city state’s home market, specialists view that there is still properties in Singapore that is worth taking a look. Below are a few recommendations together with tips for estate agents about how to put up for sale real estate in spite of the home market conditions to entice their buyers to buy Symphony Suites. Sales of Symphony Suites will begin in December 2014 and therefore marketing activities will start soon for the development in Yishun by EL Development Pte Ltd.
Thank you for your interest in Kensington Square. We sincerely appreciate your feedback and suggestions. If you have any enquiries on the project or have any issues accessing our site, please do not hesitate email us at email@example.com for the quickest response.
As the 15 month bar period for the newly bid Parc Life EC is coming to an end, the developer has commence the construction for the showflat so that prospective buyers can visit the showflat so that they can make a more informed decision about the development. Registration for Parc Life
will begin soon and prospective buyers who are interested may come to the showflat to visit. The showflat is located opposite the site itself on Sembawang Road.
Alternatively, should you prefer us to contact you for your enquires, please do drop us your contact below and we will get back to you the soonest.
We value your feedback and suggestions regarding Kensington Square.
1 Bedroom – 431 sqft
2 Bedroom – 614sqft
2 Bedroom Dual Key – 732sqft
3 Bedroom – 829sqft
3 Bedroom Dual Key – 797sqft
Kensington Square Floor Plans
Kensington Square consist of 1,1+1, 2 ,3 bedroom units available. Typically, there are 2 types of facing. Jalan Usaha or Jalan Lokam facing. As a general guide, units 6th floor and above are able to get a unblock view.
Based on the location map of Parc Riviera West Coast, it can be seen that Parc Riviera is near to retail outlets in Jurong East as well as many of the eateries in the Jurong East central. Jurong East is to be the next business district and Parc Riviera is near to the business district. Besides that, retail mails such as 321 Clementi as well as Japanese Garden are very close to Parc Riviera.
EL Development West Coast Vale Parc Riviera should be launching soon. We will keep you closely posted once there is any further updates from the developer. Keeping you posted.
We are now looking at a new condo Queens Peak Tampines Ave 10 which is located near to Tampines Regional Library and Tampines Mall. Academic institutions are also located around the development such as Temasek Polytechnic and Poi Ching School
Please do not hesitate to contact us should you require detailed information on the unit. A full copy of the floorplans is also available upon request. Please read our disclaimer for usage of Kensington Square floorplans.
Public Transport Near Kensington Square
- Bartley MRT Station (Approx 0.50KM)
- Serangoon Bus Interchange (Approx 1.50KM)
Shopping Mall Nearby Kensington Square
- Nex Shopping Mall (Approx 1.20KM)
- Volkswagen Golf Centre (Approx 2.2KM)
Schools Nearby Kensington Square
- Paya Lebar Methodist Girls’ School (Approx 0.60KM)
- Cedar Primary School (Approx 1.1KM)
- Bartley Secondary School (Approx 0.60KM)
- DPS International School (Approx 1.0KM)
A wonderful and unique lifestyle awaits you. Please see Kensington Square project details and site plan for more information.
Skies 39 location – Toa Payoh Lorong 4 / Lorong 6 Condo location map by Evia Real Estate