Duo Residences

Duo Residences is a 99-years leasehold Punggol EC development located Sengkang West Way / Fernvale Link in District 19. With expected completion in mid 2016, it comprises of 3 towers with 380 units and stands 25 storeys tall. It is situated right beside Kupang LRT Station. Future residents will be able to access the nearby Compass Point and Greenwich V which is a short drive away for some family fun and gatherings. A truly unique lifestyle awaits you at Sol Acres.

Parc Riviera Condo is somewhat close to many of the developments near to Clementi Mall as well as 321 Clementi which is a new shopping mall a close distance from Clementi MRT Station. The Jurong Lake district is set to transform into an area to decentralize the CBD and therefore there are many buyers looking around for Parc Riviera as it is near to Jurong East Shopping Centres

Duo Residences has full and unique facilities, which includes a guard house, clubhouse, Function Room & Indoor Gym Tennis Court, 50m Freeform Pool Pool Deck, Wading Pool, Splash Pool & Family Pool Jacuzzi & Hydro Spa, BBQ Area Dining and Play Fountain, Fitness Alcove & Children’s Playground and Garden Trail. 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 Sol Acres.

Sol Acres Choa Chu Kang

Several buses are available near Sengkang West Way and Fernvale Link road. Duo Residences is also near to many shopping centers and restaurants. Duo Residences is also near Waterway Point, the shopping, dining and entertainment hub which is scheduled to open in 2 years time. Also, it is right beside Punggol Waterfront. Entertainment for your loved ones and friends are therefore at your fingertips with the full condo facilities as well as the amenities near Duo Residences.

MCL Land Choa Chu Kang Grove

Duo Residences will be accessible with Kupang LRT Station as well as Sengkang Bus Interchange. It is also right beside Tampines Expressway(TPE). Duo Residences is also near to Marina Country Club, Sengkang Riverside Park and Sheng Siong hypermart in Punggol/Sengkang Central.

Duo Residences is also near elite schools such as Pei Hwa Secondary School, Nan Chiau Primary School, Nan Chiau High School.

For vehicle owners, it takes less than 30 minutes to drive from Fernvale to the business hub and vibrant Orchard Road shopping district, via Tampines Expressway (TPE), Central Expressway (CTE) and Kallang-Paya Lebar Expressway (KPE).

Duo Residences CCK

A wonderful and unique lifestyle awaits you at Sengkang and Fernvale. Please see Duo Residences project details and floor plans for more information.

Sol Acres – Choa Chu Kang EC by MCL Land

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

Grandeur Park – Chip Eng Seng’s CEL Residential Tanah Merah Condo

JBE Signature EC – Yishun Street 51 EC near Northpoint City.

Wandervale – Choa Chu Kang Drive EC by Sim Lian Land Pte Ltd

The Criterion – Yishun Street 51 EC by City Developments Limited

Treasure Crest Nan Chiau High School – Sim Lian Anchorvale Crescent EC at Sengkang MRT. Near to Nan Chiau High School as well as One Sengkang Mall

Tampines Condo – Tampines Avenue 10 Alps Residences Condo by MCC Land Information

Parc Riviera – West Coast Vale Condo by EL Development next to JEM, Big Box and Westgate

New EC North Wave Tender by Hao Yuan Investment launching at Woodlands Avenue 12. Conveniently located between Woodlands and Admiralty.

Cairnhill Nine Somerset Orchard – Somerset Grand Cairnhill Condo by Ascott Capitaland in Orchard

Central Boulevard Condo by Wealthy Link IOI Properties

Singapore has seen an upsurge in the availability of condos that has attracted a diverse line of interested parties and seen an increase in the market price. This has been followed with a record-breaking bid for a central boulevard white site under the Government Land Sales (GLS) program of Singapore.

Central Boulevard Condo Wealthy Link

The Urban Redevelopment Authority (URA) of Singapore is the authority tasked with planning the use of Singapore’s land mass and its conservation to make sure Singapore is a great city to live, work and play in. It plans and facilitates Singapore’s physical development in conjunction with the community so that there can be real value for anything that goes on the land.

Any additional houses for rental boasts renters with more alternatives to decide upon. The worst-hit parts are the ones without easy-access to conveniences, like trains and buses. However, ERA agent Zola Tan noted demand is constantly on the hold up in mature locations and also those near MRT stations.

Because of their tenure of the piece of land, freehold properties are often more pleasing to purchasers in the open-market as in contrast with leasehold real estate. Nonetheless, the somewhat high asking selling prices of such freehold properties could possibly have brought about an increase in the number being set up for auction in recent quarters,” Lee explained.With regards to total sales, the number of properties effectively auctioned off increased to 10 during the third quarter from nine within the preceding period.

It manages the Government Land Sales Program where developers are given a platform where they bid for listed sites that are ripe for development. The developers usually then go ahead and put up condos, hotels or office suites that will help them recover their money and build Singapore to greater heights in the same breathe. The top bidder is from Wealthy Link IOI Properties.

Central Boulevard Condo Malaysia IOI Properties

This site was put on the reserve list for the 2nd half of the government Land Sales Program. It was launched and put up for public tendering after the URA of Singapore announced that a developer Wealthy Link IOI Properties had put a minimum bid price of S$1,536,087,718 in the tender for this land parcel at Marinay Bay near Lau Pa Sat. This was in August 2016 and meant that any amount less than the S$1.5 B price tag would automatically not be considered. This bid closed at 12 noon on 8th November 2016 and posted a record top bid of S$2.57 by Wealthy Link which is a unit of Malaysia’s IOI Group.

This is a 99-year leasehold on Central Boulevard with a gross plot ration of 13 and gross floor area of 141,294sqm maximum. The URA has its own set limits for this particular site; 100,000sqm minimum must be set aside for the development of office spaces, 5,000sqm maximum for retail purposes and the remaining floor area can be used for additional office space, serviced apartments and also an address for Central Boulevard Condo in Singapore.

Central Boulevard Marina Bay Condo

This highest bid of S$2.5B translated into S$1,689 per square foot per plot ratio and to break even, the developers are said to be aiming at full office development that will give a return of S$3,000 to S$3,100 per square foot per plot ratio when completion comes at around the year 2020. The current hotel supply is said to be adequate hence the developer is expected to focus on dining space. Continue reading Central Boulevard Condo by Wealthy Link IOI Properties

Dundee Road Queens Peak MCC Land

Valley Point Shopping Centre can be found at 491 River Valley Road. It is one of the newest shopping complexes to go to in Singapore and it is one that has also been well marketed for Queens Peak Condo. With there been many shopping malls to choose from the developers at dundee road as well as queenstown mrt station behind the Valley Point Shopping Centre examined ways to make it different from the rest. The queens peak complex itself is a bright and modern design that both retailers and customers find interesting to be within and to look at.

Toa Payoh Condo

Recently four shophouses that are next each other in Joo Chiat were put on the market. These properties are at 292, 294, 296, and 298 Joo Chiat Road. These shophouses feature large areas for both shop floors and storage at Evia Real Estate.

Toa Payoh Lor 4 Condo

This site is located within the Joo Chiat Conservation Area, and the four shophouse had already been classed as been commercial properties by the URA. Being classed as such actually made it easier to sell these properties as new owners would not have to apply for any licenses or planning permission. It also meant that Toa Payoh Lorong 4 Condo foreign firms could buy the properties with no more restrictions than Singapore nationals would have to have faced.

Earlier in the year another three shophouses in a row were sold for a grand total of S$23 million. These were 42, 44, and 46 Joo Chiat Road. Such properties in the Joo Chiat have been attracting attention from buyers and property investment firms.

Gamuda New Condo in Toa Payoh Town

These shophouses have great potential for buyers as the shop areas could be increased, and some developers are interested in converting these Evia Real Estate Condo properties into hotels.

In Singapore the extension of the MRT network and new stations are known to have positive impacts on house prices not to mention benefiting retailers as well.

The completion of the DTL2 (Downtown Line 2) seems to have continued the trend of better MRT links having a positive impact upon on Toa Payoh Lorong 4 Condo house prices. On average the housing developments nearest the DTL2 witnessed a 4.5% increase in prices after it was completed.

Maxdin Evia Toa Payoh Condo

Post DTL2 completion the prices increased to an average of S$1,592 per square foot, which compares well with prices for similar housing that is not close to any Evia Real Estate MRT links. Evidence from the rest of Singapore shows that house prices in areas nearest to the MRT are higher.

Continue reading Toa Payoh Condo

Alexandra View Condo

Builders and construction companies based in Singapore are almost certain to face a really financially challenging year in 2016. There are various reasons as to why that will be the case for Alexandra View Condo. Giving the importance of building and construction for the Singapore economy taken as a whole that is certainly bad news.

Singapore has a construction fearing for the worst yet again in 2016. For they are faced with another hard year in terms of being hit by bad debts. Singapore’s large debt problems mean that confidence will continue to decline sharply to go hand in hand with declining earnings in Tang Skyline Redhill Condo.

Tang Skyline Redhill Condo

On their own declining earnings are bad enough yet in Singapore the amount of debts that needs to be repaid increases. Effectively companies within the building sector have to pay back more capital to their creditors for Tang Skyline Alexandra View Condo with much less money coming in to cover such repayments.

In Singapore the amount of debts being repaid is arguably adversely affecting the chances of new building and construction projects going ahead. Yet without such new projects being completed the building and Tang Group of Companies Redhill Condo construction companies will have much less money to repay their growing debts.

For this year (2015) the building industry in Singapore has had to repay debts of $9.4 billion in bonds during 2015, with a further $6.4 billion forecast for 2016. A further $2.3 billion will need to be paid out in 2017, rising up steeply to $7.4 billion for 2018. Such levels of debt are obviously easy to service during periods of economic boom when revenues and profits are higher (figures released by Bloomberg).

Tang Group Redhill Alexandra View Condo

Such high levels of debt have led to some building and construction companies to seek ways of restructuring their over all debt amount totals. Building constructors that have already done so include the Ley Gordon Group Holdings as well as Swee Hong.

In the meanwhile Tat Hong Holdings are using a different restructuring strategy. They have requested that their bondholders are kind enough to reduce the financial payments due as part of its July 2018 notes. This information comes from Stock Exchange filings in Singapore. This means that experts like Neel Gopalakrishan of Credit Suisse Group advise people not to invest in such bonds.

The downside to debt restructuring in Tang Group Redhill Alexandra View Condo is that less potential investors want to risk investing in the bonds of Singapore based building and construction companies. Less investors in turn make it more difficult to raise the funds for future construction projects.

At present then the building and construction industry in Singapore does not seem to be a promising investment for financial investors. There is too much debt held and not enough predicted revenue from the construction projects currently being built, or that have been recently completed.

Tang Group of Companies Condo

Five of the leading home building companies have been classified by Bloomburg as having an average debt – equity ratio of 48 times. Clearly it is a high risk to invest in any of these companies at the moment especially when the weakness of the Singapore economy is considered.

The building and construction sector in Redhill Tang Group of Companies Condo is one of the least optimistic sectors within Singapore within the last two quarters. That is according to the quarterly surveys conducted by the Singapore Commercial Credit Bureau (which is a credit assessment conducted by Dun & Bradstreet in conjunction with the Association of Small and Medium Enterprises).

Confidence in the building and construction sector remains low, and seems set to stay that way for much of the next year and beyond for Tang Group of Companies Condo. Only sustained and high economic growth rates would lift the gloom currently surrounding the Singapore building and construction industry yet that is not predicted to pick up just in the next year. Indeed the forecast for the first quarter of 2016 remains fairly bleak.

The Singapore economy only just avoided going into recession this quarter just passed, yet growth has slowed right down to a two year low. That low economic growth increases the strain on the construction sector as revenues continue to fall as debts keep on rising. That is depressing as things are already financially strained.

For the first time in three years the total number of new building and construction awards are expected to have fallen considerably due to declines in each quarter of the year so far for Redhill MRT. This is bad news for the hard pressed construction sector as it means they can rely on income from a lot less orders. Further more less orders will make it even harder to repay the debts, which they already have.

Some of the leading Singapore companies have not helped the situation with their own building and construction sector as they have actually funded more building abroad than they have done at home. Indeed they have got involved in investing in foreign construction projects as these projects have delivered a much higher rate of return without the same high risks as funding projects at home at Tang Group of Companies.

Another problem for the construction sector in Singapore is that a number of state funded building projects have all been completed recently and as yet there are no plans for any significant new projects in the near future. Private construction projects are also in short supply at the moment. With completed projects not particularly doing well either there is little incentive to sell more properties that do not sell in Tang Skyline Redhill Condo.

Continue reading Alexandra View Condo

Lew Lian Condo

There is a greater number of eco-friendly office constructions appearing around the central business region of Singapore. This is a result of not just demand from Lorong Lew Lian Condo CDL tenants, but also because green construction is the new standard, according to specialists.

The Singapore government has now decided that at least 80% of all new constructions must be eco-friendly by 2030 – this measure was introduced by the Building and Construction Authority (BCA). The reality is that, in the long term, this Lew Lian CDL New Condo significantly lowers the amount of non-green buildings which can be constructed.

Serangoon CDL Hong Leong Condo

The BCA Green Buildings policy was implemented in 2005 and in the years since the amount of eco-friendly constructions in Singapore has soared for Lorong Lew Lian Condo – from a tiny 17 to over 2,500. This represents over 70million sq ft of total floor space (alternatively, close to 29% of the overall GFA in the country).

According to property owners, eco-friendly Upper Serangoon Condo tenants are usually multinational enterprises and large scale local-listed companies, which are trying to fulfil green credentials and stay in line with industry climate regulations. They also tend to feel a strong need for public approval for Lorong Lew Lian Condo – adhering to green policies strengthens ties with clients, customers, shareholders, and employees, as well as the citizens of Singapore.

The financial industry is particularly keen to demonstrate its green appeal and commit to using eco-friendly office spaces for Hong Leong Holdings Condo, renewable materials, sustainable technologies, green construction resources, and more.

Lorong Lew Lian Condo Serangoon Condo

The executive vice president of City Developments, Anthony Goh, claims that some enterprises are treating green characteristics as an essential part of selecting properties for lease.

A professor at the National University of Singapore, Sumit Agarwal, has said that some MNCs are also eligible to recoup tax discounts in their native nations (especially Europe and America) if they commit to green policies. In fact, Europe and the US are extremely dedicated to helping companies – both at home and abroad – carry out more green operations.

Yet, it is tricky to decide whether eco-friendly Lorong Lew Lian Condo properties should demand a rental premium over less economical buildings, just because they are ‘green.’

As the majority of new constructions in Singapore are now green (because they have to be), they tend to attract significantly higher rent prices. This is the result of a range of issues; everything from postcode to connectivity, amenities, floor plate efficiency, and technical features.

Eco Friendly CDL Condo near Nex Shopping Centre

The consequence is that SMEs are still behaving rather sluggishly when it comes to getting with the ‘green program.’ These companies (which usually have fairly narrow profit margins and increased price sensitivity) are more likely to stick with older, less centrally located, non-green constructions which, nevertheless, command lower rent prices for Serangoon CDL Condo. These office spaces are appealing not, specifically, because they are not green, but because they are older and cheaper.

A spokesperson for the NUS School of Design and Development said: “If you examine the top selection of eco-friendly constructions, you will find that they are also the premium Grade-A office spaces, so the rent prices are always going to be high. Yet, if you are an SME and you do not have to pay this higher rent, why would you do it?”

Continue reading Lew Lian Condo