Homestory

Menu

Category: Editorial

Categories
Editorial

Grand Dunman: Only Mega Development in 2023

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

Grand Dunman Location Map

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

Old Airport Road Food Centre

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

Malls Near Grand Dunman

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 Facilities

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

Grand Dunman PCN

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

Schools Near Grand Dunman

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

Grand Dunman Medical Clinics

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!

 

If you enjoyed this article and want to stay updated on the latest trends in the real estate market, remember to visit our website for more articles like this.

Categories
Editorial

Exploring the World of Sub-Sales Condos in Singapore

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. 

Categories
Editorial

Freehold vs Leasehold Condo in 2023: Which is better?

freehold vs leasehold in 2023
freehold vs leasehold in 2023

Discover the difference between Freehold and Leasehold properties in 2023! Making your first steps into real estate can be daunting, so we are here to help you out. Don’t get confused by these terms anymore – find out why leasehold homes might not necessarily last forever and when freehold is more advantageous for future generations of homeowners. So, Freehold vs Leasehold condo in 2023: which is better? Dive deeper into this concept today with our guide on comparing both options! 

Freehold vs Leasehold Condo in 2023: The Comparison

Purchasing a private condominium is an important step for many people, so it’s essential to consider the details. Understanding whether property ownership is freehold or leasehold in 2023 can make all the difference in your long-term investment decisions. Whereas freehold properties grant owners their rights indefinitely, 99-year leaseholds revert to state ownership once their tenure has expired.

Freehold Property

In Singapore, only 20% of the land is held under rare Freehold status. This limited tenure offers unique privileges to homeowners and businesses that empower their investments for generations to come. 

Also, owning a Freehold property guarantees the right to pass down full ownership and control of the land indefinitely, giving you complete freedom to ensure it remains in your family for generations. Despite the security of a Freehold property, government-sanctioned takeovers may still occur in certain cases. Ownership doesn’t necessarily offer protection if major infrastructure or defense plans are threatened by buildings standing in their way – in this scenario, nothing is set stone. Should an En-Bloc attempt be accepted by fellow residents, relocation would then become inevitable for everyone involved.

To be classified as Freehold, a property must have two qualities – immobility and indeterminate duration. This means that the land is securely affixed to its place in perpetuity.

Leasehold Property

When you lease a property, this means that your rights over the land are not as extensive and permanent as those who purchase freehold properties. With leasing, it is possible to retain control of the space for up to 99 years (for most cases), while also having an option to transfer possession during its tenure should someone else be interested in taking on ownership. However when time’s up – so too will be your access – handing back full authority once again into original owner hands. Plus with regards Leaseholds’ suitability for En-Bloc deals depends entirely upon the chronology of nearby surroudings!

As a leaseholder, your ownership of a property is limited by the duration set out in the agreement. Leveraging this fixed term, you can enjoy an allocated period to utilize and benefit from all that comes with it!

Leasehold Projects

In the past twelve months, there has been a surge in demand for leasehold properties. Popular projects in 2023 have included:

Despite their more rural settings, homes located farther from major cities are also commanding premium prices!

Future Leasehold Properties

  • Tembusu Grand, to be launch in 1H 2023  (Estimated 2500psf)
  • Lakeside Apartments, En-Bloc (Estimated 2400psf)
  • Chuan Park, En-Bloc (Estimated 2500psf)

Freehold Projects

Terra Hill

Nestled in Pasir Panjang, Terra Hill is a premier freehold residential project only 3 minutes away from the MRT station! This oasis offers residents the perfect opportunity to be part of Singapore’s GSW transformation. Residents can expect an estimated average selling price of 2500psf – creating possibilities and potential benefits that are unparalleled.

Discover more about Terra Hill on the official website! Learn all you need to know by clicking here.

The Continuum

Situated at a convenient location with the Dakota MRT (2 minutes away) and Paya Lebar MRT (5 minutes away) within easy reach, The Continuum is an ideal freehold property for those seeking to invest in Singapore. Thanks to its excellent connectivity and desirable features, it has been estimated that this exciting opportunity can fetch up to 2600psf on average!

Uncover the secrets of The Continuum by visiting their official website here! Take a journey and discover all you need to know today.

Final Verdict: Freehold or Leasehold Condo in 2023?

When making the important decision of freehold vs leasehold condo in 2023 to choose in Singapore, there are many factors involved. From location and budgeting considerations to long-term planning objectives, it is essential that all aspects be evaluated before deciding whether Freehold or Leasehold will best serve your needs – a choice only you can make!

If you’re looking for the perfect property that offers maximum value, Leasehold condominiums are an ideal choice. Strategically located near transport links such as MRT stations or within areas marked by the government for future development – these properties have higher rental yields than others on offer in addition to a lower capital cost. 

If you’re looking for a long-term investment with no financial constraints, investing in Freehold condominiums could be the ideal choice. Not only will it provide great returns on your investment, but you also have full control over how to use and pass down the property; giving peace of mind that its value can remain within generations.

As family dynamics evolve, thorough consideration is key when selecting a property for your present and future needs. After all, 30 years could bring much change; you may need more space or less. You might even find yourself wanting to downsize after 40 years of Freehold ownership – in that case, an investment into Leasehold would have allowed greater financial security come retirement time! We hope you enjoyed reading our article, Freehold vs Leasehold condo: Which is better? Ultimately, the choice is yours! Also, don’t hesitate to get in touch with us! In the meantime, take a look at our informative articles for helpful insights.

Categories
Editorial

All You Need To Know about the Upcoming Greater Southern Waterfront Transformation! 

What is GSW’s (Greater Southern Waterfront) transformation?

In 2013, the Greater Southern Waterfront (GSW) was unveiled – a bold vision for transforming Singapore’s 30km coastline from Gardens by the Bay East all the way to Pasir Panjang. Along with 2,000ha of land opening up exciting new possibilities and almost 9,000 homes set amidst lush greenery – it’s an opportunity that promises some truly amazing experiences! Continue to read our article as we give you more insights on the Greater Southern Waterfront condo transformation!

Additionally, in 2019, Singapore continued to accelerate its efforts for the Greater Southern Waterfront. From housing and offices to recreational attractions – preparing this area as an attractive destination with something for everyone! A particular highlight was Pulau Brani’s transformation into a leisure haven ripe with entertainment activities – inviting individuals from all walks of life, in search of relaxation or adventure.

Singapore is undergoing a major transformation as two power stations at Pasir Panjang will be redeveloped to create an exciting new downtown hub in the South. This extraordinary project promises to be one of Singapore’s most impressive feats, transforming what was once just potential into something remarkable!

Location of Greater Southern Waterfront Condo

The Greater Southern Waterfront is an expansive area that captivates visitors with its full range of attractions, it stretches from the scenic Gardens by the Bay East to the historic Pasir Panjang. It also comprises these areas:

  • Garden by the Bay East
  • Cruise Hub & Coastal Park at Marina South/Straits View
  • Keppel & Tanjong Pagar Terminals
  • Mount Faber – Harbourfront
  • Keppel – Labrador
  • Pasir Panjang Power District
  • Pasir Panjang Terminal
  • Pulau Brani
  • Sentosa

With its sought-after location, Singapore’s Greater Southern Waterfront is poised to become the future of work and leisure. Residents will enjoy access to a wide range of recreational opportunities with green spaces stretching from West Coast Park, East Coast Park, and the Rail Corridor all the way through Sentosa Island.

Like what we have mentioned above, over the next phase, 9,000 homes will be built on Keppel Club’s waterfront land – a mix of HDB BTOs and private condos. It is an exciting opportunity to create an attractive residential community in line with Singapore’s vibrant urban landscape.

Transport Connectivity

Residents of the Greater Southern Waterfront Condo enjoy unparalleled access to a wealth of transportation options for easy commuting. 

To add, Singapore’s LTA Master Plan 2040 is planning an unprecedented level of connectivity for Southern Singapore, which could dramatically drive up property demand due to improved convenience! 

New Launches and Relaunches within the GSW transformation

GSW’s transformation continues to move forward with an exciting array of new launches and relaunches! Here are some of the properties:

Type of Property Property NameEstimated Average PSF
LeaseholdThe Reef @ King’s Dock2600
LeaseholdReflection’s @ Keppel Bay2600
LeaseholdCorals @ Keppel Bay2500
LeaseholdMarina One Residences 2300
LeaseholdKent Ridge Hill Residences2200
FreeholdSky Everton2600
FreeholdBijou2600
LeaseholdMarina Collection (Sentosa Cove)2000
LeaseholdAvenue South Residence2600
LeaseholdNormanton Park2000

Also, an exciting new development is here within the GSW transformation – Terra Hill! Get more bang for your buck with this impressive 2500psf space that rivals leasehold terms. Check out all the details via their official website here and capitalize on a great opportunity today! 

Property Value

Living on the Southern coastline brings a whole new experience of urban life, with potentially beautiful ocean views to match. With this, the transformation taking place has significantly boosted property value in this area!

The Sail offers a prime example of the transformation taking place in Marina Bay. Just several years ago, it was still largely undeveloped land selling at an affordable 800+psf. Fast-forward to today and its per-square-foot value has skyrocketed to over 2000+psf. Check out our information below for more details on this remarkable shift!

What are you waiting for? There is no better time than now to be a part of the GSW transformation. You are at the end of this article! We hoped you enjoyed reading about the Greater Southern Waterfront Transformation and the Greater Southern Waterfront condos that will be launching. With more content added frequently, our collection of articles is the perfect source for all your informational needs. Plus if you have any questions we’re just a click away – check us out here!

Categories
Editorial

Check Out These 5 New Condos Near MRT Stations Launching in Q1 2023!

New Condos Near MRT

If you’re looking for a change of scenery, why not settle into an abode near the MRT station? Our article will provide some insights and introduce upcoming condos in Singapore in Q1 2023 conveniently located close to MRT stations. Find out the 5 condos near MRT stations in our article below!

Condos Near MRT Stations

Terra Hill

Nestled in District 5, Terra Hill is a luxurious residential enclave that is only 5 minutes away from Pasir Panjang MRT Station. Experience seamless access to the bustling one-north business hub, home of renowned corporate offices, Singapore’s Science Park, and nearby NUH!

Orchard Road, a bustling commercial activity and entertainment center, is just a short 20-minute drive away. The convenient Circle Line also provides easy access to popular destinations such as the hip Holland Village, and Adam Road with its array of tantalizing food spots and Rochester Park’s tranquil surroundings.

Explore the exclusive advantages of our official website – Click here to dive in.

Location: Yew Siang Road in District 5

Developer: Hoi Hup & Sunway

MRT Stations Nearby: 

  • Pasir Panjang MRT Station
  • Labrador Park MRT Station

Lentor Hills Residences 

This is the land parcel for Lentor Hills Residences that will be launching in Q123! This is one of the condos near MRT.

Discover the urban oasis of Lentor Hills Residences, a luxurious 99-year condominium situated within bustling Singapore. Residents can take advantage of 595 fabulous units and effortless access to the new Lentor MRT station for easy commuting into the downtown area. Experience superior living in an exciting neighborhood!

With the opening of Lentor MRT station (TE8) on the Thomson-East Coast Line, commuters can now enjoy a fast and convenient journey to popular locations such as Orchard Road in minutes!

Stay updated on all the latest news with our official website! Find out here to learn more.

Location: Lentor Hills Road (Parcel A)

Developer: Intrepid Investments Pte. Ltd , GuocoLand (Singapore) Pte. Ltd , and TID Residential Pte Ltd.

MRT Station Nearby: 

  • Lentor MRT Station

The Botany at Dairy Farm

Residents of The Botany At Dairy Farm will enjoy a quality lifestyle in complete harmony with nature. Set amidst lush greenery and tranquil surroundings, living here also offers unparalleled convenience with quick access to the city for effortless daily routines.

Besides, Hillview MRT station is just a short 10-minute stroll away, providing convenient access to public transportation. For even quicker travel times, the nearby Pan Island Expressway (PIE) connects the west and east Singapore in only 5 minutes! 

Visit our official website! Discover what’s in store here!

Location: Dairy Farm Walk in District 23

Developer: Sim Lian Group Limited

MRT Station Nearby: 

  • Hillview MRT Station

Blossoms by the Park

Blossoms By The Park offers a serene, 99-year leasehold sanctuary in the heart of District 5. Surrounded by lush greenery and calming vistas, this tranquil condominium is an ideal retreat from city life with 265 residential units available to make your nature escape complete.

Also, residents of Blossoms By The Park have easy access to the city with its proximity to two MRT stations – Buona Vista and One-North. Both Circle Line and East-West line are within reach for residents. This makes it a highly convenient option as they travel around Singapore in either direction.

Gain access to the newest updates from our official website. Uncover what’s new by clicking here!

Location: Slim Barracks Rise

Developer: EL Development PTE LTD

MRT Stations Nearby: 

  • Buona Vista MRT Station
  • One-North MRT Station

The Reserve Residences

The Reserve Residences presents a modern, sophisticated take on luxury living with its 1 to 5-bedroom residences nestled in the picturesque foothills of the Bukit Timah Nature Reserve. 

Connectivity is at your fingertips too – access Beauty World MRT Station and an upcoming bus interchange right from home for superb convenience. With F&B outlets, community, and public spaces included within this well-integrated urban retreat. Additionally, the Reserve Residences offers limitless opportunities to experience vibrancy firsthand!

Keep informed and be in the know in the official website here to stay up-to-date on the latest information!

Location: 5 Jalan Anak Bukit

Developer: Far East Organisation and Sino Group

MRT Stations Nearby: 

  • Beauty World MRT Station

We hope you enjoyed learning about the upcoming condos near MRT stations. If anything is still unclear, don’t hesitate to connect with us and get your questions answered! For more helpful articles like this one, be sure to explore our other articles – there’s something for everyone here!

Categories
Editorial

One-Off Rebate For The Property Tax Increase In 2023 

Property Tax 2023

The government has recently announced a one-time rebate for property taxes increasing in 2023. Learn more about the property tax increase by reading the full article below.

In 2023, property taxes will experience a revision following an annual assessment of the properties worth. This alteration is applicable to both HDB flats and private properties – so it’s essential for homeowners to keep up-to-date with taxation changes!

Eligible homeowners can enjoy a rebate of up to S$60

In a move to alleviate rising property tax costs, the Government has announced an unprecedented 60% rebate on 2023 taxes. This one-time incentive will cap out at S$60 for all owner-occupied properties, providing much-needed financial relief from expected increases in taxation.

Owner-occupiers with HDB flats of one or two rooms will enjoy a tax reprieve in the coming year, as their annual value remains lower than S$8,000. This was announced by the Ministry of Finance (MOF) and Inland Revenue Authority Singapore (IRAS) on Friday (2 Dec).

Property Tax for the majority of owner-occupiers in other HDB Flat Types

Most HDB owner-occupiers will see an increase in property tax from S$30 – S$70 compared to 2022. To help offset the impact, there is a rebate available to those who qualify.

On the other hand, homeowners in higher-value properties should expect a greater rise in their property tax following rebate adjustments.

Get a full understanding of the property tax situation by looking at the table below:

Types of HDBProperty Tax Rebate In 2023The Increase in Annual Tax Payable After Rebate, from 2022
3-Room FlatS$20.80 – S$40.00S$7.20 – S$30.40
4-Room FlatS$107.20 – S$155.20S$33.60 – S$45.60
5-Room FlatS$148.00 – S$196.00S$40.80 – S$52.80
Executive FlatS$176.80 – S$224.80S$55.20 – S$67.20

To add, with the rental market always fluctuating, determining a property’s annual value can be tricky. Using comparables from around the area helps to pinpoint an estimate of what rent could be collected each year – giving you an accurate figure for your investment’s worth.

Also, do note that homeowners can calculate their property taxes by multiplying the assessed annual value of their unit with an applicable tax rate.

Additionally, the latest data from the MOF and IRAS shows a remarkable 20% increase in market rents for HDB flats and private residential properties since January 1.

Take a look at the table below about the property tax rates:

Owner-Occupier Tax Rates
First S$8,000 of AV0%
Next S$22,000 of AV4%
Next S$10,000 of AV5%
Next S$15,000 of AV7%
Next S$15,000 of AV10%
Next S$15,000 of AV14%
Next S$15,000 of AV18%
Above S$100,000 of AV23%
Non- Owner-Occupier Tax Rates
First S$30,000 of AV11%
Next S$15,000 of AV16%
Next S$15,000 of AV21%
Above S$60,000 of AV27%

MOF and IRAS also announced that updated annual values would not impede the eligibility of Singaporeans for social support schemes, such as GST Voucher scheme, MediShield Life premium subsidies and Workfare Income Supplement Scheme. Also, eligibility in 2023 will be assessed based on the annual values of 2022.

As we move forward, the Government remains committed to providing assistance for those citizens who need it most. Continuing review and updates will ensure that our social support schemes are tailored to fit their needs.

We hope you have learned a few things about the property tax increase in 2023. Property owners, this is your reminder to stay ahead of the payment deadline – start getting ready to pay your property taxes! Your tax bills will arrive by the end of this month, so be sure they’re taken care of by Jan 31st, 2023. Also, do check out other articles here as we update regularly!

Categories
Editorial

How Does Decoupling Work? Guide to Save ABSD on 2nd Property

Are you digging into ABSD and the decoupling process? Do you understand how does decoupling work? Our article uncovers all you need to know – dive in now for a comprehensive overview!

So how does decoupling work?

What is ABSD?

Adding to the cost of property in Singapore, ABSD (Additional Buyer Stamp Duty) is a tax that all prospective buyers must factor into their budget. This levy is based on either a property’s valuation or selling price, whichever amount is greater.

Singaporean citizens investing in a second residential property may be subject to the ABSD rate of 17%. However, Permanent Residents face higher rates on their first purchase at 25%, while Foreigners pay 30% regardless. Fortunately, there are exceptions that could alleviate or even exempt buyers from ABSD charges altogether.

Discover the situations where you can be exempt from paying ABSD and make your purchase worry-free!

  • For a Singaporean-SPR couple looking to purchase their second property, the most straightforward way of avoiding ABSD is by selling off any existing real estate before making a commitment. Furthermore, if done within six months of purchasing the new residence joint buying can be eligible for ABSD remission. – (Provided it’s their matrimonial home).
  • Foreigners from selected countries are now able to access the same attractive ABSD rates as Singaporeans, allowing them to reap similar benefits. Here are the countries – Iceland, Liechtenstein, Norway, Switzerland, and the United States of America.
  • Purchasing Commercial Properties

With its selection of retail, industrial, and hotel properties on offer, this segment is ideal for individuals seeking to invest in commercial property without the burden of ABSD. Industrial refers to workspaces such as B1 (offices, warehouses) and B2 (factories).

  • Dual Key Units Option

With a dual-key condo, you can experience the best of both worlds! – It’s as though you own 2 separate units. The entrance and foyer are common areas with individual living rooms, kitchens, and bathrooms to provide privacy between the units. This makes it an ideal option for owners looking to have tenants under the same address while still retaining their privacy!

Additionally, with an intent to upgrade your HDB to EC, you now have the benefit of avoiding ABSD payments upfront. – A massive 17% savings on 2nd Property purchases. 

HDB upgraders have the ease of upgrading their homes at a reduced rate with this scheme. 17% can be quite an intimidating sum to pay all at once, and fortunately, there is a remission option available if you decide to sell your current home before or up to 6 months after getting your private condo. Nonetheless, keep in mind that ABSD needs payment upfront which may affect cashflow planning considerations.

Decoupling

By leveraging Decoupling arrangements, homeowners can free up one party’s name to purchase another property without the burden of ABSD fees. Buyers are thus empowered with greater flexibility in their investment options.

How does decoupling work? Explore options to ensure you can own your dream home without ABSD.

Couples looking to invest in two properties may want to consider Tenancy-in-Common, a strategy that splits ownership at 99/1. When the time comes for their second purchase, Party A will buy out Party B’s stake at 1%, reducing stamp duty costs due to the smaller portion of equity held. Doing so can be an efficient way to save money and still gain investment property rewards!

Below is an example of a property that’s valued at $3m, the costing of Buyer Stamp Duty of 99/1 vs 50/50 manner of holding:

  • 99% Party Buy Over 1% – $300
  • 50% Party Buy Over 50% – $44,600

The difference in the stamp duty is a staggering $44,300 as of 20th Dec 2022.

For those struggling to meet the TDSR requirements when buying a property on their own, 99/1 is an excellent option. This can be used to combine incomes and make that once unattainable purchase viable!

While there is certainly a lot to take in, it’s important to remember that some key points should be kept at the forefront of thought. Here are some keys to take note of:

  • When you engage in a Buy/Sell transaction for your property, you will need to pay a 2x conveyancing fee.
  • To obtain the best possible rate on a home loan for one or two properties, the sole owner must meet certain income requirements.
  • To ensure a satisfactory outcome, the exiting party must have an adequate amount of cash or CPF to fully reimburse their original contributions plus accrued interest.
  • Homeowners may face restructuring fees and penalties if they have yet to pay off their primary mortgage. Make sure you consider all the potential costs that come with any loan before making a decision.

Does decoupling still work and a viable strategy for you? We hope this article helped shed light on ABSD and how it can be used to great effect. Also, if you’re facing difficulty understanding how decoupling work, or any other inventive and resourceful ways of obtaining the necessary funding. Connect with us for any enquires – our team is here to guarantee a hassle-free experience. With so much valuable information at your fingertips, it would be remiss to overlook our other articles! Make sure you explore these resources for more insight.

Categories
Editorial

The Botany At Dairy Farm vs Dairy Farm Residences: Which Is The Better Option For You? 

Botany Dairy Farm

Investing in the Hillview area has it all – lush surroundings, quick access to nature reserves, and convenience of transportation. Located across from each other are two projects nestled close to Dairy Farm Nature Park and Bukit Timah Nature Reserve with an 18-minute commute via Downtown Line MRT from Hillview station into Newton Station. So, The Botany At Dairy Farm vs Dairy Farm Residences, which is the better option? Read our article for a comprehensive view of each project’s pros and cons!

Located in Dairy Farm Lane, two distinct properties await: The Botany by Sim Lian Land Pte Ltd and Siam Lian Development Pte Ltd and Dairy Farm Residences which is a collaboration between United Engineers. Offering an abundance of choices with 460 units available at The Botany or 386 from its counterpart’s selection; these luxurious residences are sure to impress all kinds of potential homeowners!

Pros of The Botany at Dairy Farm

Introducing The Botany At Dairy Farm; an exciting development at the new launch condo stage. We shall take a look at the pros and cons of living here.

For additional details, be sure to check out The Botany At Dairy Farm official website here.

  1. The Botany At Dairy Farm offers a tranquil, peaceful atmosphere with greater privacy than Dairy Farm Residences. 
  2. Besides, this new condominium offers an attractive entry price point in the range of $1,8XX to $19XX psf – significantly lower than other subsale units currently on offer at up to a maximum of over $2112 psf. 
  3. Also, future residents of The Botany can enjoy the benefits of living close to Dairy Farm Residences, just steps from your front door! With it being nearby, you can experience all its amenities without having to go far.
  4. The Botany offers a more attractive land cost of $980 psf ppr compared to Far East Organization’s successful bid for Hillview Rise at S$1,023.85 and the premium rate paid in 2018 for Midwood — setting it apart as a multi-attractive investment opportunity.

Cons of The Botany at Dairy Farm

  1. The Botany is in close proximity to the sites of a future Electrical Substation and place of worship. However, for those wanting additional privacy, there are also units available that won’t be facing these locations.
  2. The future residents of The Botany can expect to wait longer period of 4 – 5 years for the keys to their new home than those at Dairy Farm Residences which only needed 1 – 2 years.

Pros of Dairy Farm Residences

As we progress, let’s explore the pros and cons aspects of Dairy Farm Residences to gain a better understanding.

  1. Future residents of Dairy Farm Residences now have the opportunity for an early move-in, just in time to enjoy their beautiful new condo before it officially reaches completion by 2024. 
  2. Dairy Farm Residences has the ultimate convenient lifestyle as it is a mixed development! It comes with a variety of amenities available right at your doorstep! Future residents can enjoy shopping, dining, and other services from supermarkets, F&B outlets, and food court options in addition to child care centers and retail shops.
  3. With a focus on creating exceptional commercial spaces, the developer ensures an optimal tenant mix for mutual success.

Cons of Dairy Farm Residences

  1. With new commercial development in progress, some units that are facing the commercial side may face potential increased in activities and sound.
  2. Future residents of Dairy Farm Residences may find themselves surrounded by more people than expected due to the influx of non-residents in the area. Due to this, it has a lack of privacy.
  3. Propertyguru has recently revealed that some subsale units in this development have been listed at an astonishingly high price tag, reaching up to a remarkable $2112 per square foot.

You’ve reached the end of this informative article about Botany At Dairy Farm vs Dairy Farm Residences. It’s been a pleasure taking you through these two idyllic locations, both nestled near beautiful nature reserves and parks. Ultimately it comes down to your personal needs – so take some time to think which is more suitable for you! Need extra help deciding? We’re just one quick contact away – reach out here anytime if you have questions or check our regularly updated articles section for further insight on other topics.

Categories
Editorial

Get A First Look At The Upcoming New Launches For 2023 Near Popular Primary Schools!

Looking to move into a new home that’s close to your children’s schools? We’ve got you covered! Read our article below to find out more about the upcoming new launches in Singapore within 1km of popular primary schools!

Upcoming new launches

The Reserve Residences

Situated near the Beauty World MRT station, The Reserve Residences is an attractive and integrated mixed-use development. Boasting lush landscaping features as well as a bus interchange for greater convenience – it provides all that one could ever need in modern residential life.

To add, this upcoming launch development promises to deliver a truly iconic experience. This improves transportation connectivity and gifting the precinct with unprecedented vibrancy. Also, Methodist Girls’ School (Primary) is rising in popularity, one of the most popular primary schools, with its ranking being No. 10 and closing the gap to Pei Hwa Presbyterian Primary School at the top spot – a situation that excites many parents!

Explore the official website here to stay up-to-date on the latest information!

Location: 5 Jalan Anak Bukit, Singapore 588996

Developer: Far East Organisation and Sino Group

Estimated Selling Price: $1,989 psf

Primary Schools within 1km:

  • Methodist Girls’ School (Primary), 11 Blackmore Drive 599986
  • Pei Hwa Presbyterian Primary School, 7 Pei Wah Avenue 597610

Blossoms by the Park

Set amidst lush greenery, Blossoms By The Park, one of the upcoming new launches offers a tranquil escape from the hustle and bustle of city life. This 99-year leasehold condominium is located in Slim Barracks Rise, District 5 – promising 265 residential units for those looking to be at one with nature.

Blossoms By The Park provides unparalleled convenience to its residents, as it is conveniently located near two MRT stations – Buona Vista and One-North. Residents can easily access both the Circle Line and East-West line for easy travel in either direction. Additionally, just steps away from the Buona Vista MRT station lies The Star Vista – a thriving shopping mall with an array of retail, dining, and supermarket options.

It’s also in close proximity to The Star Vista, located beside Buona Vista MRT station which is a major shopping mall, with a supermarket, dining, and retail options. Popularity for Fairfield Methodist School (Primary) stands at No.19, another popular primary school, making this development one to look out for eager parents preferring staying on the west side.

Discover the latest information from the official website. Click here to explore now!

Location: Slim Barracks Rise

Developer: EL Development PTE LTD

Estimated Selling Price: $2,383 psf

Primary School within 1km:

  • Fairfield Methodist School (Primary), 100 Dover Road, 139648

The Hill at One North

Situated in a vibrant, accessible location—this upcoming new launch, The Hill at One North offers effortless connectivity to the bustling hubs of Buona Vista and One North MRT station.

This stunning 140 Unit residential complex, with its commercial podium on the ground floor and close proximity to vibrant workplaces like Dover Knowledge District, is sure to be a popular choice for many. And if nature’s beauty beckons you, Rochester Park awaits just steps away! Besides, Fairfield Methodist School (Primary) is a highly desirable option for parents seeking education excellence – currently occupying the No.19 spot of the most popular primary schools in Singapore.

Uncover the newest updates on the official website right now. Click here!

Location: Slim Barracks Rise

Developer: Kingsford Development PTE LTD

Estimated Selling Price: $2,328 psf

Primary School within 1km:

  • Fairfield Methodist School (Primary), 100 Dover Road, 139648

The Continuum

This upcoming new launch is situated in prime District 15 of the East. The Continuum on Thiam Siew Avenue blends modern convenience alongside idyllic settings. With two MRT stations – Paya Lebar Interchange and Dakota Station – easily within walking distance, this 800-unit development is poised for a comfortable urban lifestyle in one beautiful location.

Additionally, residents of Katong have the unique opportunity to experience rustic charm today, and look forward to future innovation with the Paya Lebar Airbase transformation. With three distinct popular schools in close proximity – Kong Hwa School (No 36), Tanjong Katong Primary School (No 48), and Haig Girl’s School (No 65) – parents staying on this east side of Singapore now enjoy an array of education choices for their children.

Discover all the benefits of visiting the official website by clicking here.

Location: Thiam Siew Avenue

Developer: Hoi Hup Realty and Sunway Developments

Estimated Selling Price: $2,755 psf

Primary Schools within 1km:

  • Haig Girls School, 51 Koon Seng Road 427072
  • Kong Hwa School, 350 Guillemard Road 399772
  • Tanjong Katong Primary School, 10 Seraya Road 437259

Lentor Hill Residences

Nestled within a thriving district, Lentor Hills Residences, one of the upcoming new launches is the ultimate urban retreat. Offering 595 residential units and 99 years of luxury living, this GuocoLand condominium provides direct access to the new Lentor MRT station for smooth commutes into central Singapore.

CHIJ St. Nicholas Girls’ School (Primary) is a first-rate option, ranked at No.13 in terms of popularity among parents seeking an excellent education for their daughters, while Anderson Primary School stands out as another top choice situated near the North East region and featuring position 42 on the most popular primary school list.

Head to the official website for the latest information and updates! For more information, click here.

Location: Lentor Hills Road (Parcel A)

Developer: Intrepid Investments Pte Ltd, GuocoLand (Singapore) Pte Ltd, and TID Residential Pte Ltd.

Estimated Selling Price: $2,098 psf

Primary Schools within 1km:

  • CHIJ Saint Nicholas Girls School, 501 Ang Mo Kio Street 13 569405
  • Anderson Primary School, 19 Ang Mo Kio Avenue 9 569785

Former Watten Estate

One of the upcoming new launches is at Former Watten Estate. Residents can enjoy the peacefulness of Dunearn Road and Adam Road while still being close to public transportation with Botanic Gardens (DTL/CCL) and Tan Kah Kee (DTL) MRT stations nearby. Additionally, easy access to CTE and PIE means a quick drive will lead you straight into Orchard Road’s shopping paradise – all from one tranquil home base!

Coronation Shopping Plaza offers a convenient shopping experience for residents with their selection of groceries and dining options such as the nearby Adam food center. The area is made even more desirable by its proximity to two highly good schools in Singapore – Nanyang Primary School at No.6 in the rankings and Raffles Girls’ Primary School ranked at No.9.

Location: 36 Shelford Road, 288429

Developer: UOL-SingLand

Estimated Selling Price: $3,213 psf

Primary Schools within 1km:

  • Nanyang Primary School, 53 King’s Road 268097
  • Raffles Girls Primary School, 21 Hillcrest Road 289072

Tembusu Grand

Lastly, this upcoming new launch is located in District 15, residents of this 99-year leasehold enjoy an active lifestyle with a beach nearby and access to all their necessities. Shopping is made easy thanks to the close proximity of Parkway Parade Mall, Katong Shopping Center, and i12 Katong Mall – providing numerous options for retail therapy! Residents can also enjoy an active lifestyle with its close proximity to the East Coast Beach. 

With two MRT connections nearby – Dakota Station on the Circle Line and the upcoming Tanjong Katong station, part of Singapore’s Thomson-East Coast Line (TEL) network – getting around will be a breeze. Plus, Tanjong Katong Primary School is ranked an impressive 48th in terms of popularity!

Stay up-to-date with the latest developments from our official website. Click here to discover what’s new!

Location: Jalan Tembusu

Developer: City Developments Ltd (CDL)

Estimated Selling Price: $2,470 psf

Primary Schools within 1km:

  • Tanjong Katong Primary School

If you are interested to check out existing launches with good schools, below is one of the choices.

Perfect 10

Perfect Ten is one of the new launch condo in 2022. It offers potential residents the best of both worlds – 230 luxurious units in a sought-after Bukit Timah location with convenient access to Singapore’s public transportation network and local amenities. With Newton MRT Station and Stevens only walking distance away, it is perfectly situated for those who need seamless commuting options on their doorstep.

Perfect Ten offers amazing convenience for city dwellers who love to shop at Singapore’s renowned Orchard Road Shopping District. It also comes with great educational benefits, as it is in close proximity to both Anglo-Chinese School (Primary), ranked No.8 on the GEP – Gifted Education Program, and Singapore Chinese Girls’ School (Primary) which has an impressive ranking of No.20 in mainstream primary schools, making Perfect Ten a desirable place now and into the future!

Visit the official website and explore all it has to offer! Click here!

Location: Bukit Timah Road

Primary Schools within 1km:

  • Anglo-Chinese School (Primary)
  • Singapore Chinese Girls’ School (Primary)

We hope you discovered something new in our article about the upcoming new launches within 1km of popular primary schools. If anything remained unanswered, please feel free to reach out and get in touch with us. For more content like this one, be sure to browse through all of our articles here!

Categories
Editorial

Sceneca Residence VS Sky Eden – Which Is Better For You?

When you’re looking to buy your next home, it can be hard knowing what’s right for you. There are so many options! Both Sceneca Residence and Sky Eden are located on the East side of Singapore. Which is better for you? It’s hard to choose between the two, but we’ve compiled some information that may help. So, Sceneca Residence vs Sky Eden. The following article discusses their similarities and differences! 

Sceneca Residence VS Sky Eden

Sceneca Residence 

Location

The Sceneca location is an excellent spot for those who want the best of both worlds – convenience and variety. It is located at 24 Tanah Merah Kechil Link, Singapore 468456. Additionally, Sceneca has a great location just steps away from popular destinations like Singapore Expo Centre, Changi City Point, and Jewel! The Singapore Expo Centre is a popular venue for events such as IT shows, baby fairs, and more that you can go to! Besides, with the proximity of Changi City Point and Jewel, you’ll never need to worry about getting your shopping done.

Amenities 

Sceneca Residence is the perfect place for those who want to live close to all their wants and needs. It is a mixed-use development. The commercial space on ground level, called Sceneca Square makes this possible! There are plenty of retail and grocery stores as well as restaurants available for residents. 

Also, the Tanah Merah MRT station is right at your doorstep. It has a sheltered linkway that is directly connected to the Tanah Merah MRT station on the East-West Line! This place has all of your transportation needs covered.

Also, here are some schools that are within 1km!

  • St. Anthony’s Canossian
  • Red Swastika
  • Anglican High
  • Bedok Green Primary School
  • Bedok View Secondary School

It’s so easy to get around Sceneca Residence because almost everything you need is within 1km, from your shopping needs to the MRT station!

Sky Eden

Location

Sky Eden is another perfect spot for those who want convenience and variety. The developer of Sky Eden will take advantage by providing comfortable units that are suitable for families. It is located at 1 Bedok Central, Singapore 467351. – An excellent location at the heart of Bedok Town Centre. The nearest mall to Sky Eden is the Bedok Mall, which provides access not only to dining but also to retail. In addition, it’s only within a 6-minute walk away! 

Amenities

Just like Sceneca, it is also a mixed-use development with shops on the ground floor as well as residential units above them! Additionally, the Bedok MRT station is a short 5-minute walking distance! The journey to the CBD via Bedok MRT station takes about 30 minutes.

Another thing that residents should take into consideration is that the Bedok bus interchange is also located in Bedok Mall. The Bedok Bus Interchange is an air-conditioned hub for buses in the area, providing easy access to Sky Eden residents across more than just their neighborhood. With 30 different routes that serve nearly twice as many stops compared with other bus interchanges elsewhere around Singapore – you can rely on it day or night!

Also, here are some schools that are within 1km!

  • MOE Kindergarten @ Fengshan
  • Fengshan Primary School
  • Bedok Green Primary School
  • Temasek Junior College
  • Temasek Junior College (Secondary School)

With the Bedok MRT and bus interchange within 1km, this location is ideal!

Sceneca Residence VS Sky Eden – Floor Plans

Sceneca Residence 3BR Premium Floor Plan (1119 sqft)

Let’s now take a look at the floor plans for Sceneca and Sky Eden. Firstly, Sceneca. This 3BR floor plan is around 1087 sqft. 

Sceneca’s dumbbell layout features a more efficient cross-over design, which means less wasted space. Aside from this, the larger master bedroom in Sceneca has plenty of space for storage and can even transform into an extra walk-in closet. Additionally, every room at Sceneca is equipped with its own private bathroom.

Click here if you’d like to find out more about the Sceneca Residence floor plan.

Sky Eden 3BR Premium Floor Plan (1087 sqft)

Sky Eden 3BR Premium is slightly bigger than Sceneca. It is around 1119 sqft. The kitchen has been extended to be wider and the yard provides more space for entertaining guests or relaxing with family members! Also, Sky Eden offers its residents a proper dining area where residents can dine inside the comfort of their own home.

Watch this video to learn more about the Sky Eden floor plans.

Sceneca Residence 4BR Premium Floor Plan (1518 sqft)

We shall now look at the 4BR Premium floor plan for Sceneca! Sceneca’s junior suite and master bedroom are well-designed. The larger room size makes it feel like a luxurious hotel stay, while still maintaining the cozy feeling of an apartment home! Additionally, it has a larger balcony which is perfect for entertaining. However, the dining area of Sceneca is much larger than it seems, and this space could not be put to good use.

Click here if you’d like to find out more about the Sceneca Residence floor plan.

Sky Eden 4 BR Premium Floor Plan (1302 sqft)

The Sky Eden 4BR Premium floor plan is around 1302 sqft and is smaller than Sceneca. Sceneca is larger than Sky Eden, but it doesn’t have hackable walls. If you’re looking for more space then this could definitely be an option! With this option, you can enlarge the living space. 

Watch this video to learn more about the Sky Eden floor plans.

Besides, Sky Eden has separate wet and dry kitchens! With a separation of wet and dry kitchens, it’s easier for everyone in the family to prepare meals. For instance, if you have two families handling both sides then one person could do all their prep work while another helps with cooking. This way not only are you saving time but also energy!

Personally, we think that the 3BR is more suitable for Sceneca because it offers a better layout with its effectiveness of the rooms. However, if you’re looking at Sky Eden, our first choice will be their 4BR!

Rentals – Sceneca Residence VS Sky Eden

Rentals around Sceneca Residence

Now let us take a look at the rentals around Sceneca Residence and Sky Eden! Firstly, Sceneca. With the recent rental transaction at Grandeur Park, its 1BR highest price is around $3200. Its 2BR highest price is $4000 and its 3BR highest price is $5000. It’s no wonder that this area is popular!

Rentals around Sky Eden

Next, we have Sky Eden. With the recent rental transaction at Bedok Residences, its 1BR highest price is around $4000. This is already more than Grandeur Park’s 1BR as written above! Its 2BR highest price is $4000 and its 3BR highest price is $6000. With these numbers, it is clear that the rentals around Sky Eden are much higher than Sceneca. 

Source:URA https://www.squarefoot.com.sg/

Resale – Sceneca Residence VS Sky Eden

Resale Near Sceneca Residence

The highest profit for resale units near Sceneca is at $421,000 for the 883 sqft unit. Another example of the highest profit is at $755,000 for the 1744 sqft unit. As you can see, this area has some great deals to offer!

Resale Near Sky Eden

The highest profit for resale units near Sky Eden is at $351,900 for the 936 sqft unit. This makes it one of the most attractive options in this area!

Source:URA https://www.squarefoot.com.sg/

You are at the end of this article. So, Sceneca Residence VS Sky Eden. Have you made your decision? Both Sceneca Residence and Sky Eden are mixed-use developments and are located in the East Side of Singapore. Ultimately, it’s down to personal preference and what will best suit your needs! We hope you enjoyed reading this and find our information helpful. If you’d like to find out more, don’t forget to contact us here and we’ll be happy to help! Also, don’t forget to check out our other articles here as we continue to update regularly. 

error: Content is protected !!