Grand Dunman - Only Mega Condominium Development in 2023!

In the cultural tapestry of District 15, a new icon is emerging. Introducing Grand Dunman, a 99-year leasehold condominium setting the bar for luxury living. Developed by SingHaiYi Jade Pte Ltd, this monumental project boasts 1,008 residential units, qualifying it as a mega development – the only one of its kind in 2023. With TOP expected in 2028, let’s dive into what makes Grand Dunman an irresistible proposition.

What is a Mega Development? Why Should I Invest?

Mega developments, like Grand Dunman, are condominiums with more than 1,000 units, typically offering a wide range of facilities such as tennis courts, swimming pools, gyms, playgrounds, BBQ pits, and more. Here’s why investing in a mega development is a smart move:

1. High Rental Yield: Mega developments often command a higher rental price over smaller condos due to the extensive range of facilities they offer.

2. Lower Maintenance Fees: More homeowners sharing overall maintenance costs leads to lower maintenance fees payable per unit. Mega developments like Grand Dunman offer an array of facilities at a fraction of the cost compared to smaller developments in District 15.

3. Capital Appreciation & Protection: The sheer scale of mega developments creates a unique community and lifestyle, contributing to property value appreciation. This means your investment is not only protected but has the potential to grow over time.

In conclusion, investing in a mega development like Grand Dunman is a strategic move that offers potential for high returns, lower costs, and unique benefits that smaller developments can’t match.

Connectivity Beyond Compare

The location of Grand Dunman is a key selling point. With only a 2-minute stroll from Dakota MRT, Grand Dunman positions residents at the heart of connectivity. With just six stops to Downtown Area – City Hall, Esplanade, and Marina Bay MRT, city living is right at your fingertips.

For drivers, the development is also well-connected to major road networks like Dunman Road and Tanjong Katong Road. Enjoy seamless travel across the island with convenient connections to key expressways including the East Coast Parkway (ECP), Pan Island Expressway (PIE), and Kallang-Paya Lebar Expressway (KPE).

Best part? Drive along the Old Airport Road that offers direct access to and fro the city centre! Bypass and beat the peak hour traffic rush of busy highways!

Further more, the Katong Park MRT is set to launch in 2024, further enhancing connectivity to the financial hub.

A Culinary Paradise

Grand Dunman is situation near Katong, where the haven of culinary delights resides, residents have the luxury of choice. With great food options like the Old Airport Food Center, or the strip of eateries located along Guillemard Road & Geylang, and many more! The wide plethora of F&B choices will definitely satisfy even the most discerning of tastes.

Retail Therapy and Entertainment

Shopping aficionados will be spoilt for choice with the myriad of shopping malls, such as Kallang Leisure Mall, Parkway Parade, KINEX, and PLQ Mall. Getting your daily necessities has never been easier, with all these choices within a 10-minute drive.

Residents of Grand Dunman will be delighted with the recreational options in the neighbourhood. With East Coast Park, National Stadium, Marina Bay Golf Course and Kallang Leisure Park all within a 5 km radius. Activities like kayaking, bowling, ice skating, golfing and many more are stationed readily available near you.

World-Class Amenities

Grand Dunman’s amenities redefine luxury. The Tree House Playground and Splash Play Zone are perfect for family bonding. Stay fit with the 3G Outdoor Fitness area or sightsee at the Treetop Walk which towers over Geylang , and a state-of-the-art gym in the Pool Clubhouse. The Jewel Clubhouse, with shops for your convenience, offers stunning views over the Geylang River.

The Grand Dunman facilities are designed to redefine your contemporary lifestyle. The development comes complete with a full range of recreational, social and fitness spaces that are bound to impress. From the modern Clubhouse, BBQ zones, Pavilions and tranquil garden for bonding with friends and family, to the top-notch gymnasium with the latest equipment, luxurious pools with jacuzzi amenities, tennis courts and outdoor lawns for a nice workout, Grand Dunman has it all.

Children are not left out either. From the Kiddie Splash Pool to the coolest Children’s Playground structure, the young ones will have ample room to have fun and play to their hearts’ content.

Green Retreats

Step out to a park connector and explore the extended cycling network at Geylang Park PCN linking to East Coast Park. Embrace nature or unwind at the beach; the choice is yours. Plus, Singapore Sports Hub is just a MRT stop away for a mix of fun and leisure.

Education: A Future Secured

Families will appreciate the convenience having highly-regarded institutions to renowned educational institutions like Kong Hwa School, Tanjong Katong Primary, Geylang East Methodist School, and Haig Girls’ School.

Healthcare Proximity

Being close to various healthcare facilities ensures that your health is always in good hands. With several clinics such as Healthwise Medical Clinic & Surgery, Northeast Medical Group and Spring Medical Clinic nearby. The closest hospital will be Parkway East Hospital, with it being just 3km away, you can be rest assured to find quality healthcare so close to your development!

Grand Dunman is more than just a residence; it’s a lifestyle revolution. With its strategic location, world-class amenities, and the promise of an exceptional gastronomic adventure right at your doorstep, it’s an opportunity to redefine what luxury living means. But it’s not just about the present. As a mega development, Grand Dunman also offers a unique investment opportunity with significant potential for capital appreciation.

This is just the tip of the iceberg. There’s so much more to Grand Dunman that we’d love to share with you. Visit the official Grand Dunman website to find out more! Don’t let this golden opportunity pass you by.

Contact us today to explore the endless possibilities that Grand Dunman offers. Start your journey towards extraordinary living today. We’re just a call or click away!

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Exploring the World of Sub-Sale Condos in Singapore

For those unacquainted with the intricacies of real estate transactions, the term “sub-sale property” may sound unfamiliar. However, fret not, as we delve into the realm of sub-sale condos in Singapore to shed light on this intriguing aspect of the property market.

So, what exactly are sub-sale condos in Singapore?

According to the Urban Redevelopment Authority (URA), the definition of a sub-sale is as: The sale of a unit by one who has signed an agreement to purchase the unit from a developer or the Subsidiary Strata Certificates of Title or the Certificates of Title for all the units in the development.

In other words, a sub-sale property is when the original buyer bought a new launch property but wishes to sell it to another buyer before the unit is completed and is ready to move in soon.

How is sub-sale still relevant in 2023? Would anyone consider investing in sub-sale properties?

The answer lies in the unique opportunity that a sub-sale condo has to offer. By investing in sub-sale condos, astute buyers can potentially reap the benefits of property appreciation even before its completion. This means that savvy investors can capitalise on the value appreciation of newly launched properties without having to endure the waiting game!

What is Seller’s Stamp Duty (SSD) and why it’s important?

SSD is a property tax that a property seller has to pay when he/she sells a property within the 3-year holding period (number of years that you own a property).

When it comes to maximising profit from a property sale, it’s crucial to consider the implications of Seller’s Stamp Duty (SSD). By understanding the SSD rules and strategically timing your property sale, you can optimise your financial gains.

For those looking to fully maximise their profit from a property, waiting out the full 3 years becomes a prudent strategy. It provides an opportunity to leverage the potential appreciation of the property over time without incurring additional costs associated with SSD. Timing the property market is also an essential key to a successful investment. Being mindful of the SSD implications and strategically planning your property sale, you will reap the rewards of your investment to the fullest extent possible and avoid paying unnecessary fees.

So, why do sub-sales happen?

Sub-sales often come about due to various reasons, driven by both personal circumstances and financial considerations. Let’s explore some of the common motivations behind these transactions.

A Shift in Buyer’s Finances: Life can be unpredictable, and unforeseen circumstances sometimes necessitate a change in plans. For instance, the global COVID-19 pandemic has brought about financial hardships for many individuals. In such cases, selling a recently purchased condo through a sub-sale allows individuals. In such cases, selling a recently purchased condo through a sub-sale allows individuals to secure their financial well-being amidst challenging times.
Capitalising on Capital Gains: Sub-sales can offer financial benefits, but it’s important to note that making significant profits through this method of real estate transaction may not always be a guaranteed outcome. However, there are certain scenarios where the potential for substantial gains exists:
Property Boom: During periods of booming property values, the market experiences a surge, creating exceptional investment opportunities. Astute buyers who enter the market at the right time can capitalise on substantial appreciation and realise significant profits.
Exclusive and Desirable Units: Some sub-sales involve highly sought-after units within exclusive projects that have been completely sold out. These properties often boast ideal views and features, making them highly attractive to potential buyers.
Acquiring Below Market Value: In certain instances, buyers manage to secure a fantastic deal on a unit, obtaining it for significantly less than its market value directly from the developer. This advantageous purchase sets the stage for potential future gains.

As the dynamics of the real estate market continue to evolve, understanding the underlying factors driving sub-sales is crucial for both buyers and investors. By recognising the motivations behind these transactions, individuals can navigate the market with greater insight and make informed decisions that align with their goals.

The Risks and Rewards of Sub-Sale Investments

While sub-sale properties can offer compelling investment opportunities, it’s critical to understand that profits aren’t guaranteed. Like any investment, profitability depends on several factors, including timing and prevailing market conditions.

Moreover, the property’s unique attributes, such as its location, design, and surrounding amenities, also play a vital role in determining its appreciation potential. Investors should conduct thorough due diligence, carefully evaluating the market conditions and property attributes, before venturing into a sub-sale investment.

When it comes to sub-sale condos in Singapore that have exceeded all expectations, there are certain properties that stand out, offering the potential for remarkable returns. Investing in these properties can be a game-changer, paving the way for impressive gains over the years to come.

Here are some notable sub-sale condos that have proven their worth:

Poiz Residences

Another standout property, Poiz Residences, has captured the attention of astute investors. With its unique blend of modern design, convenient amenities, and desirable location, this sub-sale condo presents an enticing opportunity for those looking to maximise their returns.

North Park Residences

Situated in a prime location, North Park Residences has emerged as a top contender for investors seeking substantial profits. Its strategic positioning and attractive features make it a property not to be overlooked, as it holds the potential for remarkable performance.

Highline Residences

Offering an exquisite living experience, Highline Residences has gained a reputation for its upscale appeal and exceptional value. Investors who focus their attention on this property, particularly on its larger units, can anticipate significant success in their financial endeavours.

By diligently researching and investing in sub-sale condos like such, along with the right mix of patience and perseverance can set themselves on a path towards early retirement and financial freedom. In fact, the potential for generating profits surpassing a million dollars is within reach for those who navigate the market wisely.

Capitalising on Early-Bird Discounts in Sub-Sale Investments

A pivotal strategy to enhance the potential profitability in sub-sale condos is to be among the first wave of buyers. Often, developers offer enticing discounts and promotions to early investors to gain momentum in sales during the initial phase of the project.

Being an early bird in property investments, particularly in sub-sale condos, can result in substantial savings. When combined with the right market timing, this can substantially enhance the profitability of your investment.

It’s important to keep in mind that these discounts are usually more prominent during the initial launch phase. As the project progresses, developers may scale back these incentives. Therefore, being an informed investor and acting swiftly at the outset can be a game-changer in maximising your returns in sub-sale investments.

However, it’s also essential to exercise caution and conduct thorough research. The allure of early discounts should be balanced with due diligence on the property’s attributes and potential market trends, to ensure a well-informed investment decision.

We hope this comprehensive guide enhances your understanding of Singapore’s sub-sale condo market, its workings, potential rewards, and associated risks. If you have further queries or need professional guidance, feel free reach out to our dedicated team of experts! Remember to visit our website for more enlightening guides, as we continually aim to assist you on your real estate journey.