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Piccadilly Grand Location – Why is the location perfect for you?

Imagine living in one of the most sought-after properties near Farrer Park station and having your home right next door to all that MRT has offered. Piccadilly Grand location is one of the most ideal places. It is located at 4 Northumberland Road, which makes it easy for people living there as well those traveling through town! The two branded developers behind this undertaking are City Developments and MCL Land.

Continue reading to find out more about the Piccadilly Grand location as well as its amenities. 

Location Map

Location (Highlights)

  1. The Piccadilly Galleria shopping mall is located on the first level of this mixed development. Not only can you find all your favorite food and drinks here, but there’s also a childcare center that is ideal for working parents.
  1. The accessibility to CBD makes this property perfect for those interested in experiencing Singapore’s culture! Besides, the property is strategically located just outside the Little India Historic District.
  1. The area combines a variety of old and new structures, with conservation shophouses mixed in alongside brand-new hotels. There are many dining options around too!
  2. This condo is a perfect location for those who need easy access to the Farrer Park MRT, making it an excellent place.
  1. Piccadilly grand is a five-minute ride away from the Dhoby Ghaut MRT station, and 8 minutes to Clarke Quay which has many popular attractions.
  1. The demand for rental properties in this area has made many people willing to invest. The location makes it easy, and at a lower pricing level which could make them attractive investments.
  1. The construction of new homes is continuing to grow, with more building projects in progress. The recent developments include a hospital and medical center that have sprouted up near Farrer Park station.
  1. If you’re looking for some retail therapy, the Underground links up with nearby malls like City Square Mall and Connexion. But there’s an even better option just around the corner! Mustafa Shopping Centre has everything from clothing stores to all-inclusive store that offers its vast selection at any time; it really will fulfill your needs whether they be fashion or product based.
  1. The reconstruction of this site will turn a run-down neighborhood into an upmarket one. The shophouses across the street are being gradually refurbished and gentrified, making them more attractive with each passing day!

Piccadilly Grand (Amenities)

1. Proximity to MRT

MRT Map

Conveniently located near the Farrer Park MRT station and Little India MRT Station, this condo development is an easy commute for those who want to go anywhere from home. The Little India MRT station which is an interchange station is only a 5-minute walk which gives residents and visitors easy access to the North-East Line and Downtown Line.  You can also get off at Orchard Road before heading on your way through some other areas like CBD, Chinatown, Harbourfront; where there are plenty of attractions waiting just around every corner.

The Downtown Line is the best way to get around town. The train provides direct access to some of Singapore’s biggest employment hubs like Suntec City & Bugis as well other amenities including Marina Bay Financial Centre which houses many banks or office buildings.

Additionally, Little India is the perfect place to explore on foot. The transportation system includes buses that will take you anywhere in town.

2. Nearby food options

Little India is a vibrant and diverse precinct with an incredible location. With so many amenities, residents will never run out of things to do in this cultural area!

City Square Mall is your go-to spot for all things necessary in life. From daily necessities to dining out, there are plenty of options here! You can also head out further than just City Square if you’re looking at other areas with more stores such as Mustafa Centre and Tekka Market. They have a great selection of food. Pek Kio Market & Food Centre are great food markets in addition to department store goods.

Tucked away in a corner of downtown Singapore, you’ll find an assortment of restaurants that serve up some authentic Indian cuisine. Some examples include Komalas Villas and MTR Restaurant, Ananda Bhavan, The Banana Leaf Apolo, and others. 

3. Outdoor adventures

Set within an expansive park-like setting with great connectivity available at all times of day, this area has everything you need. The up-and-coming Rochor Ophir corridor is close by so that means endless opportunities for fun!

The new Bukit Timah-Rochor Green Corridor will pass nearby, providing walking and cycling trails for sports enthusiasts. The stretch of the path has the potential to become a large linear park that encircles Singapore!

4. Schools near Piccadilly Grand

With so many schools to choose from, residents will be able to find the perfect fit for their kids with three primary ones within 1 km. The first two are Farrer Park Primary and Hong Wen School while St Joseph’s Institution Junior also provides an option close by! 

Other than these choices they have St Margaret’s Primary, Anglo Chinese Primary, and Anglo Chinese School (Junior) within 2km.

5. Road accessibility

The Piccadilly Grand location is easily accessible by the main roads of Bukit Timah Road and Race Course Rd, which links up with an expressway network island-wide through Central Expressways (CTE).

Orchard Road, a popular spot also links up with CBD within 5 – 10 minutes off-peak.

6. Rental pools

The area is home to many hotels, including the Parkroyal Hotel and Connexion. It also features an integrated medical center with more hotel development on its way! It’s not surprising that this picturesque little town has become a popular destination. With so many hotels and medical facilities, it is clear to see why Piccadilly Grand is an up-and-coming location in the region.

To find out more, do check out our video on Piccadilly Grand. Our another video will show you its floor plan!

Whether you’re a local resident or just visiting, we hope this article has been helpful. There’s so much more to see here! If your curiosity is itching for exploration of Piccadilly Grand, please take some time to explore other articles about Piccadilly Grand on the site too!

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Editorial

The pricing for Piccadilly Grand – Is it worthy?

The most luxurious new development by the best developers in Singapore, Piccadilly Grand sure does have its own unique history. It’s just one of many properties on Race Course Road with an interesting past! The first thing potential buyers look at when considering buying or renting is the pricing for Piccadilly Grand. Location and amenities also play important roles in their decision making process, as some are curious about the history of an area as well.

Piccadilly Grand

Besides, you’ll be blown away by the ultimate in living at this gorgeous home. From its striking aesthetic appeal to luxurious amenities and beautiful features – you’re sure to not only meet but exceed expectations when it comes to what makes for an ideal place!

Here is an article about the information mentioned above.

History @ Race Course Road/Farrer Park 

With a long and storied history in Singapore, the Farrer Park location has been an integral part of many developments including political happenings. They are still very much alive today with how their influence helped shape our city’s future direction.

1842: Serangoon Road Race Course

Horse racing in Singapore is a sport with deep roots. It began back when Serangoon Road Race Course first became popular in 1842, and it thrived until the late 1800s! Horse racing was a new and exciting sport to bet on. The crowds from Java as well India came together around these races, which created jobs for them too.

Race Course Road

The Singapore Sporting Club has been home to some of the most successful racecourse owners in Singapore since 1842. The first members included William Macleod Read, Charles Spottiswoode, and William Napier. 

1843: Granted the Farrer Park Site

The first-ever horse race here was named Singapore Cup. They were granted the Farrer Park site in 1843 to develop the Singapore Racecourse. 

1955: Merdeka Rally

The soldiers of India were mustered to fight for their independence from the British during World War II. Days later, thousands of Chinese people would be gathered before being exterminated in what is now known as The Sook Ching (“purge”) massacre.

​​The Peoples Action Party had a campaign at Farrer Park to push for self-government on August 15, 1955. The site of this major event in Malaysia’s history later became known as “Merdeka”.

Merdeka Rally

Location of Piccadilly Grand

This mixed development has three blocks. The first two 23 floors high contain 407 exclusive units and commercial spaces at ground level, including retail shops or restaurants for your convenience! 

Location Map

The condo is located at Northumberland Road, close to two train stations. It’s easy for people who live or work here in the area because it has access not only Farrer Park but also Little India MRT station!

Pricing for Piccadilly Grand

Piccadilly Grand is the perfect location. We’ve got some properties nearby that might give you an idea of what to expect in terms of pricing!

SOHO 188

Soho 188 is conveniently located near the MRT station, and their prices reflect that. The price range of units for sale in Soho 188 is between S$723,355 – S$1,099,999. The current PSF range at Soho 188 is S$1,486 – S$1,703.

The highest transaction (1 bedroom) of sale unit for Soho 188 is at $930,000. The highest transaction for a rental unit for Soho 188 is at $2650/month. 

SOHO 188

Suites @ Owen

The well-located Suites @ Owen is near Piccadilly Grand. They also share a train station—Farrer Park MRT! The price range of units for sale in Soho 188 is between S$828,000 – S$1,050,000. The current PSF range at Suites @ Owen is S$1,411 – S$1,654.

The highest transaction (1 bedroom) of sale unit for Suites @ Owen is at $703,000. The highest transaction for a rental unit for  Suites @ Owen is at $3100/month.

Suites @ Owen

City Square Residences

Lastly, we will show you City Square Residences which also lies within this area.  The price range of units for sale in City Square Residences is between S$980,000 – S$3,514,131. The current PSF range at City Square Residences is S$1,682 – S$2,347.

The highest transaction (1 bedroom) of sale units for City Square Residences is at $1.15 million. The highest transaction for a rental unit for City Square Residences is at $2800/month.

City Square Residences

We hope that we have been able to give you some insight into the prices of homes around Piccadilly Grand and also a little bit about its history. So, is it worthy? Looking at the price of properties surrounding Piccadilly Grand and it’s good location, it is something to think about!

To find out more, do check out our video on Piccadilly Grand. Our another video will show you its floor plan! In addition, don’t forget to check out other articles we have written on Piccadilly Grand too!

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Editorial

Developers of Piccadilly Grand – By CDL & MCL

Piccadilly Grand is a new development by Maximus Residential and Maxim’s Commercial in Singapore. Piccadilly Grand is set to be an exciting new development with the potential of adding more stores and restaurants! The upcoming expansion will bring this building into its next phase. With the development of new infrastructure, getting access to your daily necessities has never been easier. We’ll be discussing the developers of Piccadilly Grand in this article.

Piccadilly Grand is the latest venture between City Developments and MCL Land. This company has decades of experience, making them perfect for this project! 

About City Developments Limited (‘CDL’ or the ‘Group’)

City Developments Limited or CDL for short is a Singapore-based multinational real estate operation that was founded in 1963. They were once controlled by the Hong Leong Bank, which led them to make losses because of geopolitical changes.

As of now, the company has its headquarters in Singapore. The Chairman of this company is Kwek Leng Beng and his son Sherman serves as the current chief executive officer.

City developments is more than just a company. It’s an innovative network that spans 112 locations in 29 countries and regions. The largest by-market capitalization on Singapore Stock Exchange makes this all the more impressive!

Portfolio

With a diverse portfolio of properties, there’s sure to be an option available for everyone. From hotels and serviced apartments all the way down through homes that are part of integrated developments in shopping malls. 

The hospitality, commercial and residential real estate group is one of the world’s largest with more than 23 million square feet in holdings worldwide. They are a major player on both sides – not only do they own over 152 hotels but 44 thousand rooms as well! The company’s most important asset may very well be its own hotel subsidiary: Millennium & Copthorne Hotels Ltd.

Track Record

This company has an excellent track record of providing new neighborhoods for families. 47,000 homes so far in their 55 years of real estate development management investment- it’s no wonder that CDL knows what they are doing!

CDL Track Record

Locations

These are some of the best locations for real estate investments in Singapore. The potential to gain value is huge, and these awesome projects like Nouvel 18 or St Regis Residences will only continue getting more popular over time!

Other locations are:

  • Boulevard 88
  • Oceanfront @ Sentosa Cove 
  • The Pier at Robertson
  • Sail @ Marina Bay
  • New Futura at Leonie Hill
  • Glyndebourne 
  • Cliveden @ Grange
  • MeyeRise
  • Amber Park (both old and new)
  • Goldenhill Park
  • Golden Hill Villas

The property is part of several mixed developments. These include South Beach Residences at Beach Road and Sengkang Grand Residencies, among others!

South Beach Residences by CDL (Mixed Development)

CDL is proud to announce their new development, Canninghill Piers. This partnership with Capitaland will create an attractive and elegant addition that beautifully integrates into its surroundings!

Canninghill Piers by CDL (Developer for Piccadilly Grand & Piccadilly Galleria)

About MCL Land Limited (‘MCL Land’ or the ‘Group’)

Another local property group with an almost as long track record is MCL. MCL has been a part of the Jardine Matheson Group since they were established in Malaysia 50 years ago.

Portfolio

They’re an expert in the field of real estate, with years and experience to back it up. You can find their portfolio anywhere from Hong Kong all over Asia – especially China or Singapore where they have many high profile projects under wraps right now!

CDL and MCL are here to make sure they have everything necessary for investment success. A good product is just the beginning; they also provide high-quality customer service that will be guaranteed throughout this process!

Projects

The Grange and Palms @ Sixth Avenue are just two projects that MCL Land has completed.

Other projects are:

  • Parvis @ Holland Village
  • Peak @ Belmeg
  • Lake Grande and J Gateway at Jurong
  • The Fernhill
  • Terrasse
  • Este Villa
  • Uber388
  • The Estuary
  • Hallmark Residences
  • Ripple Bay
  • LakeVille
  • Sol Acres
  • Leedon Green

Also, do check out our video on Piccadilly Grand to find out more! Our another video will show you its floor plan!

Uber 388 by MCL Land (Joint developer for the Piccadilly Grand Condo)

The company’s newest releases, Parc Esta and Margaret Ville have both sold out. The most recent release is Leedon Green a freehold residential property located at the corner of Farrer Road & Holland road where 54% percent has already been taken up with more than half being occupied.

We hope you found this article on Piccadilly Grand developers insightful. Check out our other articles to get more insight!

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Editorial

Piccadilly Grand – All You Need to Know!

When it comes to convenience, the new developments at Northumberland Road (Piccadilly Grand) have you covered. Developed by two renowned Singapore developers – City Developments together with MCL Land.

This place is sure not just to provide optimal living conditions but also to give its residents an excellent quality of life!

Read to find all you need to know about Piccadilly Grand.

The development is a private condominium with communal facilities and retail space at ground level. The residential component of Piccadilly Grand condo houses three towers.

Each at 23 stories high; 407 apartments range from one bedder up through 5 bedroom units.

Piccadilly Grand (Neighbourhood)

There are a number of sites in Singapore that have been named after English counties. This site, however, has particular roads which call to mind an English vibe and can be found. Examples are Worcester, Dorset, Rutland, Norfolk, Kent, Hampshire, and Northumberland. 

Little India is a colorful, vibrant neighborhood with an exciting heritage. It’s perfect for those looking to experience both Singapore’s culture and history as well as adventure out on the streets where steeped-in character shophouses await. 

This is the perfect place for those who love both old and new. You’ll find that it has a diverse array of historic landmarks, as well as modern conveniences like supermarkets or coffee shops on every corner.

This estate has an excess of hotels and serviced apartments that indicate how much demand there is for rental properties in this area. Examples include Parkroyal on Kitchener Road, Park Hotel Farrer Park, Fortuna Hotel, The Claremont, and the recently completed Lyf Farrer Park with more to come soon!

Piccadilly Grand (Site Plan)

This site was once an open car park. The Piccadilly Grand site is now a thin and longish plot of land at the end of Northumberland Road. The site itself is bounded by Race Course Road on its South-East, Gloucester Road to its North-East, and Farrer Park View HDB flats on its North-West. 

These HDB blocks are about the same height, or slightly higher. Since most views in that direction will be blocked by old shophouses on Race Course Roadside however you can still get a great view from some locations here. 

Eventually, there will be empty land parcels to the east and west of this site that could eventually be built upon.

The fastest way to get here is via Northumberland Road. It’s a smoother route that will take you all the way into town, with Exit E for Farrer Park MRT Station on either end. Level 1 of Piccadilly Galleria will be joined directly to the station which is very accessible. 

The three towers are strategically aligned to catch the most wind and minimize heat from a particular direction. The design of this site has an added advantage in that it provides more privacy for those living there, as they can enjoy views whether looking east/west or up towards the sky on either side; depending on which tower you’re located at!

Piccadilly Grand (Amenities)

1. Proximity to MRT

This condo development is located very close to Farrer Park MRT station as mentioned above. In addition, the Little India MRT station which is an interchange station is only a 5-minute walk which gives residents and visitors easy access to the North-East Line and Downtown Line. From there they can get off at Orchard Road for all your shopping needs or go on foot towards Clarke Quay before reaching other areas like the CBD, Chinatown, and Harbourfront where many more attractions await! 

The Downtown line similarly gives direct access to the employment hubs and amenities at Suntec City, Bugis, Marina Bay, Financial Centre, and Fort Canning. 

Little India is tourist central and it has an extensive transportation system that includes buses from all over the city!

2. Nearby food options

The diversity of Little India is not lacking in the Piccadilly Grand condo. With a location that does not lack amenities, residents are close to all unique dining options and retail outlets within this cultural Precinct.

​​City Square Mall offers an extensive range of stores for all your daily necessities. There are also several other shopping centers that offer plenty more options, such as Mustafa Centre and Tekka Market with their grocery selection or Pek Kio Market & Food Centre which has great food markets in addition to department store goods.

Tucked within the colorful district of Singapore, you’ll find a wide range of restaurants that serve authentic Indian cuisine. Some examples are Komalas Villas, MTR Singapore, Ananda Bhavan, The Banana Leaf Apolo, and others. 

The area is home to many hotels, including the Parkroyal Hotel and Connexion. It also features an integrated medical center with more hotel development on its way!

3. Outdoor adventures

With the up-and-coming Rochor Ophir corridor close by, this area has everything you need. Set within an expansive park-like setting with great connectivity available at all times of day; there’s no better place to live work play!

Additionally, the new Bukit Timah-Rochor Green Corridor will pass nearby, providing walking and cycling trails for sports enthusiasts. The stretch of the path has the potential to become a large linear park that encircles Singapore!

4. Schools near Piccadilly Grand

With three primary schools within a 1km radius, residents will have a few choices for their children. The first two are Farrer Park Primary and Hong Wen School while St Joseph’s Institution Junior also provides an option close by!

Other than that, within a 2km radius, they have St Margaret’s Primary, Anglo Chinese Primary, and Anglo Chinese School (Junior).

5. Road accessibility

The main roads that serve the Piccadilly Grand condo location are Bukit Timah Road and Race Course Road. These link to an expressway network island-wide through Central Expressways (CTE). 

Orchard Road, a popular spot also links up with CBD within 5 – 10 minutes off-peak.

6. Rental pools

It is not surprising that this picturesque little town has become a popular destination. The many hotels and medical facilities attest to its newfound status as an up-and-coming location in the region.

Also, do check out our video on Piccadilly Grand to find out more! Our another video will show you its floor plan!

Piccadilly Grand is coming soon! This brand-new condo development will be launching in April and we’ll keep you updated as more information becomes available. Stay tuned for updates about this exciting new project.

Categories
Editorial

List of Undervalued Properties in Singapore (2022)

List of Undervalued Properties in Singapore (2022)

What is the list of undervalued properties in Singapore in 2022?

 

With the recent changes in the property market, it’s now more important than ever to be tuned in to what’s happening. Covid-19 has brought about some major shifts that will affect how we buy and sell homes for years or even decades following its implementation. We’ve come across a number of new undervalued properties launch promotions in 2022.

 

As such, we’re collating them here. This list will be updated regularly to reflect the discounts/promotions that come up – or when there are more introduced.

 

Do note- these may change without prior notice. Make sure you take advantage of this discount before it’s too late!

1.   Juniper Hill 

Who ranks first in the list of undervalued properties in Singapore (2022)?

 

 

Juniper Hill is a new freehold condominium development located at 39 Ewe Boon Road in District 10 of Singapore. The former Crystal Tower Enbloc was sold to developer Allgreen Properties Limited. It has an astounding track record with its past accomplishments across all different types including residential homes and commercial spaces like offices or retail stores too.

 

To add on, Juniper Hill is a high-end housing enclave located on the outskirts of Orchard Road. It’s surrounded by prestigious schools and educational institutions. This makes it an ideal place for families looking to live conveniently close together in style.

 

In addition, this condo is also a 10-minute walk to the Fourth Avenue MRT station and Stevens line, which gives access through an interchange where you can also find bus services. If your travel needs are more limited than this but still include getting onto PIE or BKE from Dunearn Road outside of the town centre, then consider driving. It will take 5 minutes longer than taking any other form of transport while being only 8 – 9 minutes away depending on where they’re heading off too!

 

For more information, Contact us.

Food Centres near Juniper Hill:

• Newton Food Centre

• Lucky Food Centre

• Picnic Urban Food Park

• Old Chang Kee

Schools near Juniper Hill:

• Raffles Girls School

• Singapore Chinese Girls School

• Hwa Chong Institute

• Anglo-Chinese School

• Joseph’s Institute

• National Junior College

Shopping Malls near Juniper Hill:

• Bukit Timah Shopping Centre

• Bukit Timah Plaza

• Beauty World Plaza

• Beauty World Centre

• Balmoral Plaza

Hospitals/Clinics near Juniper Hill:

• Scotts Medical Centre

• Mount Elizabeth Novena Hospital

• Thomson Medical Centre

Project Overview/Pricelist:

• Freehold in Prime D1O

• Facilities such as sky fitness, yoga deck, etc

BEST PRICES – LIMITED UNITS

2BR

#04-04 $1,776,850 $2798psf

#02-07 $1,776,850 $2848psf

#03-07 $1,786,350 $2863psf

2BR Premium

#04-10 $1,916,500 $2917psf

#06-10 $1,954,500 $2975psf

#02-09 $1,985,850 $2827psf

3BR & 3+S

#10-01 $2,744,350 $2999psf

#02-11 $3,148,100 $2891psf

#04-11 $3,187,050 $2874psf

2.  One Pearl Bank

The world’s first vertical sky allotment gardens in residential property will be featured at One Pearl Bank. These garden spaces give residents an opportunity to grow their own produce and enjoy the natural beauty of working outside while being surrounded by other people who are doing similar things.

 

One Pearl condo is a new project from one of Singapore’s most reputable property developers, CapitaLand. This company has over two decades worth of experience in building high-quality homes and apartments that are designed to meet the needs of modern living in their finest form.

 

The crescent-shaped towers of this Brutalist condo provide natural ventilation and allow residents to enjoy 360° views. You can even see as far into central Singapore including Bukit Timah Hill!

 

The Pearl Bank station is only a three-minute walk from Outram Park triple line MRT stations via a sheltered linkway. Currently an interchange for the East-West Line and North-East Lines, it will be another quick connection when completing work on Thomson-East Coast Line in 2021 that connects to nearby Orchard and Shenton Way and faraway Woodlands and Siglap.

 

For more information on this project, click here to read more about it, or Contact us.

Food near One Pearl Bank:

• Taratata Brasserie

• Yum Cha Chinatown

• Red Star Restaurant

• Chong Qing Grilled Fish

• Jerry Barbecue & Grill

Schools near One Pearl Bank:

• Alexandra Primary School

• Cantonment Primary School

• CHIJ Kellock

• Zhande Primary School

• Radin Mas Primary School

• River Valley Primary School

Shopping Malls near One Pearl Bank:

• JK Mini Supermarket

• Alfa H Mart

• Glory Bee – Peoples Park Center

• Poo Kin Thong

• Bank Choon Hong Pte Ltd

Project Overview/Pricelist:

• 2-3mins Sheltered walk to Outram MRT Interchange.

• East-West Line, North-East Line

• Upcoming Thomson East-Coast Line 2022

• Estimated Top 31st Dec 2023

• Prices start from only $2,143psf

  •  Studio/1 Bedroom/2 Bedroom – 6%+1% Disc
  • 3 Bedroom – 6%+1%+$58,000 Disc
  •  4Bedroom – 6%+1%+$78,000 Disc
Just a heads up that we will roll out a new campaign for the Hilltop Collection (Sky Villas), priced from $8.417M for a limited period only.  Details of the pricing for the Sky Villas are available upon request. 
 

3. The Avenir

The Avenir is a luxurious freehold development situated on the former site of the Pacific Mansion. With an expected TOP date in Aug 2023, this beautifully designed community features 376 residential units and is 129 648 square feet in size. This attractive, strategic location is perfect for ex-pats and locals.

 

The Avenir provides the utmost living experience with its myriad lifestyle amenities surrounding this area. Besides, it’s close to the Orchard Road shopping belt as well as Central Business District!

With convenient amenities and an easy commute, The Avenir is a great place to live. It’s located in the Core Central Region (CCR) which means it has access no matter where you want or need it!

The residents of this area can enjoy close proximity to a few MRT stations such as Somerset, Dhoby Ghaut, and Great World.

In this prime location, we’re bewildered why this condo made it to the list of undervalued properties in Singapore (2022).

 

For more information, Contact us.

Food near The Avenir:

• Lau Pa Sat

• Maxwell Road Hawker Centre

• China Square Food Centre

Schools near The Avenir:

• Margaret Primary School

• Anglo-Chinese Junior School

• River Valley Primary School

• Swedish Supplementary School

• ISS International School

• Overseas Family School

Shopping Malls near The Avenir:

• Great World City

• Robertson Quay

• The Quayside

• UE Square

• Valley Point Shopping Centre

• 313 Somerset

• ION Orchard

Hospitals/Clinics near The Avenir:

• Singapore Medical Specialists Centre

• Ensoul Medical Clinic

• Mount Elizabeth Medical Centre

Project Overview/Pricelist: 

• Freehold 

• District 9 

 

Attractive Starbuy Not To Be Missed!

 

ONLY 4 Starbuy Units :

#13-02 was $1,650,000 $1,576,000

#14-02 was $1,660,000 $1,576,000

#15-02 was $1,670,000 $1,576,000

#16-02 was $1,680,000 $1,576,000

 

– ONE PRICE selling at #12-02 price!

– SAVINGS of up to $104,000!

– SAFE ENTRY price from below $3000psf!

• 51 Units SOLD within 3 months

4.  Leedon Green

Leedon Green is a premium residential development located at the corner of Farrer and Holland Road in District 10. The residence was jointly developed by Yanlord Land Group, one of China’s most reputable property developers; alongside MCL. They are a leading private sector company with over 50 years of experience within Real Estate Engineering for both Singapore & Malaysia markets alone!

 

Leedon Green’s exterior is designed with inspiration from natural terraced lands to create a timeless style of gentle, rolling terrain that transitions smoothly into cliffs and waterfalls. The organic materials found throughout this landscape provide lush greenery as well. Staying at this residence is perfect for those working in the biotechnology field because it’s only a few minutes away from both Biopolis and Fusionopolis.

 

The location of this property makes it an excellent choice for those who want to be in close proximity with all the different transportation options available.

 

 

For more information, Contact us.

Food near Leedon Green:

• Empress Food Centre

Schools near Leedon Green:

• Nanyang Primary School

• Hwa Chong Institution

• Nanyang University of Singapore

• Henry Park Primary School

• Margaret’s Secondary School

• National Junior College

Shopping Malls near Leedon Green:

• Holland Village Shopping Centre

Hospitals/Clinics near Leedon Green:

• OneDoctors Family Clinic

• Ridgewood Medical Clinic

• HealthLink Family Clinic & Surgery

Project Overview/Pricelist: 

• Freehold 

• Large Land size spreading over 326,000sft

• Full condo facilities

• TOP selling project in D10 for 2021

• 1Km To Nanyang Primary

• Prime D10

  • 1BR from $1,314,000 
  • 1Bedroom+S from $1,470,000
  • 2Bedroom from $1,694,000
  • 2Bedroom+S from $2,342,000
  • 3Bedroom from $2,742,000
  • 4Bedroom from $4,359,000

5.  Riviere

Who stands 5th in the list of undervalued properties in Singapore (2022)?

 

Reviere’s location in the quieter side of Robertson Quay at District 1, with access to both Central Business District and Marina Bay just along this river. Orchard Road is only 6 minutes away by car which makes it an excellent spot.

 

Rivière is a luxurious neighbourhood that was developed by Fraser Property Singapore (FPS), an international company with expertise in developing quality properties.

 

The upcoming Great World City MRT station will be a major asset for residents of Rivière. The proximity to the MRT and easy access via foot are just two reasons that make this location so attractive, but there’s also plenty in store when it comes down looking at Orchard Road within 30 minutes.

 

For more information, Contact us.

Food near Riviere:

• Food Capital

• Chef’s Table by Chef Stephan

• Xin Cuisine Chinese Restaurant

• Grissini

•Nanjya Monjya Waterfront

Schools near Riviere:

• Superland Montessori

• Alexandra Primary School

• River Valley Primary School

• Eton House Pre School

• ISS International School

Shopping Malls near Riviere:

• Great World City

• Robertson Walk

• UE Square

• 313 Somerset

• ION Orchard

Project Overview/Pricelist:

  • 1 & 2 bedroom : CNY Promo Ang Pow $13,888 (special additional discount )
  • 3 & 4 bedroom : CNY promo
  •  Expected TOP: 2023

Food near Nyon 12 Amber:

• Hundred Happy Food Court

• 915 Western Food

 

Schools near Nyon 12 Amber:

• Haig Girls’ School

• Tanjong Katong Primary School

• CHIJ Katong Primary School

• Dunman High School

• Kong Hwa School

• Canadian International School

• Chueng Cheng High School

• Tao Nan School

Shopping Malls near Nyon 12 Amber:

• 112 Katong Mall

• Katong Shopping Center

• Parkway Parade

Hospitals/Clinics near Nyon 12 Amber:

• International Medical Clinic – Katong

• Tang Shan Chinese Medical Hospital

 

Project Overview/Pricelist: 

• TOP Q2 2022

• D15 Freehold, Prestige Amber Rd

• Short walk to Tanjong Katong MRT

• Best Entry price from $2,041 psf

• Ride on Thiam Siew Ave est. selling > $2400 psf

 

– All stacks are available!

– From $2413psf!

– From $1.599m!

– Save up to $240k!

6. One Bernam

One Bernam is a soon-to-be-opened 351 unit, 99-year leasehold mixed development located in District 2 at the heart of Central Business District (CBD). One Bernam is located between Enggor Street and Bernam Street. It was jointly developed by Chinese developers MCC Land, as well as HY Realty.

 

The retail podium at the base of this condo also comes with two levels available for dining and shopping. With well-designed green open spaces, it’s a great place to live that offers convenience!

 

With its lush green surroundings and fitness decks, the condo facility is perfect for those who want to live healthily. There’s even a sky gym on the 34th floor.

With this superpower, we can’t believe this is one of the undervalued properties in Singapore (2022).

 

For more information, Contact us.

Project Overview/Pricelist: 

• 1 Bedroom: (Level 30-level 33) – SGD$10,000 discount from current selling price

• 2 Bedroom :Stack 6 732sqft 

 #05-06

List Price- $1,760,000

Savings- $80,000

Disc price- $1,680,000 ($2295psf)

 #06-06

List Price- $1,767,000

Savings- $80,000

Disc price- $1,687,000 ($2305psf

• 2Bedroom + S : #07-09

List Price- $1,995,000

Saving- $89,0000

Special price- SGSD$1,906,000 ($2,361 psf) 

Star Buy:

 

1BR: 

 

441sqft $1,348,000 $3,057psf

 

452sqft $1,351,000 $2,989psf

 

463sqft $1,389,000 $3,000psf

 

2BR:

 

700sqft $1,813,000 $2,590psf

 

732sqft $1,821,000 $2,488psf

 

700sqft $1,842,000 $2,653psf

 

2+Study:

 

807sqft $1,959,000 $2,428psf

 

807sqft $1,966,000 $2,436psf

 

872sqft $2,010,000 $2,305psf

 

3 br + Pte lift:

 

1421sqft $3,347,000 $2,355psf

 

1421sqft $3,357,000 $2,362psf

 

1421sqft #3,368,000 $2,370psf

Food near One Bernam:

• Tanjong Pagar Food Centre 

 

Shopping Malls near One Bernam:

• Tanjong Pagar Plaza

• Raffles Shopping Centre

Schools near One Bernam:

• Raffles Institute

• Raffles Girls School

• Catholic High

 

7. The Landmark

The Landmark is an iconic building in the city. With its 396 luxury suites and stunning views, it’s no wonder this high-end condo has become so popular!

 

The Landmark is a luxurious high-end development that offers homebuyers the convenience of living in close proximity to amenities and the city center while being far enough away from hustle bustles. It also provides party central at Clarke Quay for those looking for relaxation and adventure too!

 

You’ll never get tired of looking at the city from this height. The 39 stories residential building will be a trademark thanks to its towering height and bronze cladding!

 

 

For more information, Contact us.

Project Overview/Pricelist: 


– 1 Bedroom (495sqft)

#19-02 $1,348,000

$1,280,600 ($2,587psf)


– 2 Bedroom (678sqft)

#22-04 $1,832,000

$1,758,720 ($2,594psf)


– 2 Bedroom (753sqft)

#17-06 $1,867,000

$1,792,320 ($2,380psf)


– 3 Bedroom (1076sqft)
#06-11 $2,385,888 ($2,217psf)

3 Bedroom (1076sqft) 

– Pte Lift

– Pool View + Facing Park

– #02-11

– #03-11

– #04-11

All at One price promo : $2,280,000 ($2118psf)

8. Hyll on Holland

Almost done through this list of Undervalued Properties in Singapore (2022)! Read on.

 

Hyll on Holland is a freehold condominium in the highly coveted locale of District 10. Located just minutes away from some of Singapore’s most desirable neighborhoods like Orchard Road and lifestyle destinations including Dempsey Hill, this luxury high-rise marks an exciting new era for those who want to live their lives surrounded by comfort as well convenience!

 

When you live at Hyll on Holland, every day is a privilege. You’ll enjoy stunning nutshell views and natural ventilation with full-height glass curtain walls that separate your living space from the dining area. It is the perfect environment for privacy while also being able to open up completely when needed!

 

For more information, Contact us.

Schools Nearby:

  • CHIJ (Kellock) (1.08km)
  • Queensway Secondary School (1.14km)
  • New Town Primary School (1.24km)
  • St. Margaret’s Secondary School (1.3km)
  • Nanyang Primary School (1.32km)
  • Hwa Chong Institution IP (1.69km)
  • Queenstown Primary School (1.75km)

Price:

2BR from $1.620x mil

3BR from $2.40x mil

3BR Study from $2.64x mil

9. Haus on Handy

Hyll on Holland is a freehold condominium in the highly coveted locale of District 10. Located just minutes away from some of Singapore’s most desirable neighborhoods like Orchard Road and lifestyle destinations including Dempsey Hill, this luxury high-rise marks an exciting new era for those who want to live their lives surrounded by comfort as well convenience!

 

When you live at Hyll on Holland, every day is a privilege. You’ll enjoy stunning nutshell views and natural ventilation with full-height glass curtain walls that separate your living space from the dining area. It is the perfect environment for privacy while also being able to open up completely when needed!

 

For more information, Contact us.

Schools Nearby:

  • Margaret’s Primary School
  • Anglo-Chinese School
  • LASALLE College of The Arts
  • Nanyang Academy of Fine Arts
  • Singapore Management University
  • Chatsworth International School
  • Joseph’s Institution

Clinics and Hospitals Nearby:

  • Raffles Medical Hospital
  • Tan Tock Seng Hospital
  • Mount Elizabeth Novena Hospital

Shops near Haus On Handy

  • Plaza Singapura
  • The Atrium @ Orchard
  • The Cathay
  • Orchard Central
  • 313 Somerset
  • Tanglin Mall
  • Concorde Shopping Mall
  • Bugis Junction

Price:

1BR + Study from $1.6 mil

2BR from $1.66x mil

2BR + Study from $2.25x mil

3BR from $2.59x mil

10. Bartley Vue

Last but not least, one of the most Undervalued Properties in Singapore (2022).


The new Bartley Vue is the latest addition to one of Singapore’s most prestigious estates. This 99-year leasehold condominium by Wee Hur Development features 115 fully fitted residential units and partial views that are unblocked from other properties. 

With a strategic location near Bartley MRT station, the new home address in District 19 put your family close to many reputable schools and major business hubs.


For more information, Contact us.

Schools nearby:

  •    Bartley Secondary School
  • Bethel Preschool
  • Bethany Kindergarten
  • Canossa Catholic Primary School
  • Cedar Primary School
  • Cedar Girls’ Secondary School
  • Emile Preschool
  • Geylang Methodist School (Primary)
  • Maris Stella High School
  • Nanyang Junior College
  • Paya Lebar Methodist Girls’ School
  • Sarada Kindergarten
  • Stamford American International School Singapore
  • Saint Andrew’s Junior School
  • St Andrew’s Secondary School
  • St Andrew’s Junior College
  • St Gabriel’s Primary School
  • St Gabriel’s Secondary School
  • St Margaret’s Primary School

●      Yangzheng Primary School

Price:

From $1,393k | Fr $1,768psf

2BR (1 Bath) 657sqft from $1.393M

2BR (2 Baths) 732sqft from $1.467M

3BR Compact 947sqft from $1.832M

3BR Premium 1044sqft from $1.832M

3BR Premium 1066sqft from $1.850M

4BR + Study 1356sqft from $2.398M

Looking for Undervalued Properties in Singapore?  We are always happy to go through the details with you. Please contact us so that we may help make your dream home come true.

Categories
Editorial

Program Guide: Government Land Sales (GLS)

Developers are always on their toes when the Government Land Sales (GLS) Programme comes out because they know what an opportunity it is. Every six months, the Urban Redevelopment Authority (URA) announced a list of land sites for sale in what is known as the Government Land Sales Programme.


The GLS program is a great way to stay up-to-date with upcoming real estate developments, not only for developers but also for potential private home-buyers. It provides insight into what’s coming and when, so you can plan ahead for your home purchase or sale.

Continue reading to find out the overview of the newest GLS sites announced for the first half of 2022, as well as a beginner guide of the GLS program and why is it important for Singapore homebuyers. 

Government Land Sales (GLS) Programme: What is it & How does it work

 

As you probably already know, Singapore is a small country with limited land. 


The government of Singapore owns over three-quarters (75%) of the land in the country. In order to better utilize this property, Urban Redevelopment Authority (URA) plans and designs residential usage for cities including housing projects as well zoning regulations on what can go where based on current needs or future goals that may change things up completely.

The Singaporean government is always looking for ways to create more housing opportunities. 

 

One of their most recent plans is where the GLS Programme (Government Land Sales) comes in. It enables private developers like CapitaLand, Oxley Holdings, or Keppel Land – among many others to purchase land from them through an auctioning process before developing houses on it; this way we can all benefit.

Government Land Sales (GLS) sites announced: Twice a year

The government will release State Land for tender through the Urban Redevelopment Authority (URA) sites. Upcoming URA GLS locations can be viewed on their website here


As mentioned, interested developers can acquire the State Land for residential development. For example, condominiums. Developers who want to build new condos have a chance of winning land through an open tender. They will bid for it and the one with the highest offer gets their desired plot. 


Following the close of tenders, URA will provide a full list and detailed pricing information for developers who were awarded sites. The developers who have been awarded development sites are listed with an accompanying price tag so that Singaporeans can monitor progress closely.


Below is a photo of what the media statement looks like which also includes the top bidders.:

Government Land Sales (GLS)- 1H2022

Now that we have cleared up GLS, let’s look at the newest or latest release of GLS sites.


On 16 December 2021, URA and HDB have announced thirteen sites for this year’s GLS Programme. Five of these will be on the Confirmed List while eight others are Reserve lists, which can total to 6500 private residential units as well 90 thousand sqm gross floor area (GFA) or commercial space with 530 hotel rooms in all.


The 2H2021 Reserve List includes six residential sites, two White locations, and one hotel. These will be brought forward into the GLS program to make room for all future developments that are needed.

Below is a table of the Confirmed List sites for 1H2022 according to the Ministry of National Development (MND).:

Location Site Area/ Estimated no. of units Gross Plot Ratio Status/ Estimated Launch date
Pine Grove (Parcel A) 2.25 (520) 2.1 February 2022
Dunman Road 2.52 (1035) 3.5 March 2022
Lentor Central 1.34 (470) 3.0 May 2022
Lentor Hills Road (Parcel B) 1.08 (265) 2.1 May 2022
Bukit Batok West Avenue 5 (EC site) 1.66 (495) 3.0 June 2022

  1. Pine Grove (Parcel A)

This 99-years leasehold site in District 21 can yield about 520 units and has a site area of 2.25ha, which makes it an ideal location for residential development with the closest MRT stations being Clementi and Dover on East-West Line (EWL).

Besides, residents will enjoy having their children walking distance away from Henry Park Primary School. 

  1. Dunman Road

The Dunman Road site can yield 1,035 units with an area of 2.52ha and it is right next to Dakota MRT station giving residents access not only to themselves but also another train line-the Circle Line which will take them all around downtown Singapore quickly without having too much trouble finding their way. Many reputed schools are nearby including Kong Hwa School, Dunman High School, Chung Cheng High School (Main), Tanjong Katong Secondary School, and Tanjong Katong Girls’ School.

In addition, new BTO flats will spring up around the Mountbatten/Dakota area, including the Feb 2022 Geylang BTO launch.

  1. Lentor Central

The site at Lentor Central can yield about 470 units and has a land area of 1.34ha, which is next to several other sites in the neighborhood released by developer MRCB throughout 2019-2021 as well as two stops away from Cross Island Line (CRL).

Residents will also be four kilometers saved when traveling on Circle Train via TEL crossing over into downtown Singapore CBD – ideal if you’re looking for more space or better connectivity than what’s offered closer upfront.

  1. Lentor Hills Road (Parcel B)

It seems that the Lentor area is finally getting some much-needed attention. Not only have we seen two new development sites announced, but they’re located just minutes away from each other.

Both sites are due to be launched in May 2022 with an estimated 265 units that can be yielded from the 1.08ha site.

  1. Bukit Batok West Avenue 5 (EC Site)

The development site at Bukit Batok West Ave 5 can yield 495 units with a total area of 1.66ha, which is not too far away from an MRT station; Bukit Gombak.

GLS Programme- Reserve List VS Confirmed List

Well, there are two different types of lists on URA’s website. “Confirmed List” and “Reserve list”. As their names suggest these are exactly what they say; confirmed or reserve respectively.


Confirmed List– They are confirmed in that they will definitely go on sale on a pre-determined date listed on the URA website.

Reserved List– They won’t be available until there is enough demand to fill them in order of preference or when there is a successful developer application.  


The government will put up a site for tender if interested developers submit an application. The price must be agreed upon between the developer and government before any work can begin on developing it, but once that’s done then anyone is free to take over management of its development as they see fit. 

Below is the table of the Reserve List sites for 1H2022.:

Location Site Area (ha)/ Estimated no. of units Proposed Gross Plot Ratio  Status/ Estimated Launch Date
Hillview Rise 1.03  (335 residential units) 2.8 Available
Pine Grove (Parcel B) 2.50 (565 residential units) 2.1 Available
Tampines Street 62 (Parcel B EC) 2.80 (700 residential units) 2.5 Available
Lentor Gardens 2.18 (535 residential units) 2.1 May 2022
Bukit Timah Link 0.41 (140 residential units) 3.0 June 2022
Kampong Bugis 8.29 (1000 residential units and 10,000m2 of commercial space) Available
Woodlands Avenue 2 2.75 (440 residential units and 78,000 m2 of commercial space) 4.2 Available
River Valley Road 1.02 (530 hotel rooms and 2000m2 of commercial space) 2.8 Available

How is Government Land Sales (GLS) relevant to homebuyers?

Home-buying is one of the most important decisions you’ll make in your lifetime, which makes it all that much more crucial to do research and due diligence before making a purchase. But with so many variables at play (location/market demand), how can someone be expected to know what they’re getting themselves into? That’s where GLS sites come into play. They provide access not only to current listings but also to previous sales data as well. 


Making a hasty property purchase can be regretful, especially if you find out there is more residential land available after buying your new home.


In addition, by the URA Space tool, you can also check out all the GLS sites (upcoming, current, and past) on a map. 

To sum up, if you’re looking for your first or next home, check out URA’s GLS sites. The recently launched projects can be found here and past ones are also available on their site.


You can find the newest launched GLS sites here and the past sites here. Alternatively, you can also check out the URA Space to view GLS sites that have been released and sold in the past

Categories
Editorial

Is buying a home on Avenue South Residence a wise investment?

Is buying a home on Avenue South Residence a wise investment?

Today, take a break from the rush and bustle of city life. Avenue South Residence is located in a calm and tranquil neighborhood.

It also serves as a gateway to Singapore’s core business district. From your very own little sanctuary, take in a bird’s eye perspective of Singapore’s glittering skyline. Avenue South Residence is a new condominium complex proudly offered to us by Singapore’s best developers, UOL, UIC, and Kheng Leong. Also, it is perfectly placed along Silat Avenue.


Furthermore, this 99-year leasehold twin tower will be a striking and compelling architectural monument. It also stands 56 stories tall. Avenue South Residence will include 988 residential units ranging in size from one to four bedrooms, as well as business spaces and a daycare center. In front of the two buildings, five 4-story conservation blocks will be built.


Amenities for Getting Around in the Area

A bus stop is located just in front of South Avenue Residence and provides residents with access to all locations of Singapore, including the Central Business District (CBD), City Hall, and Orchard. A 10-minute bus trip will take you to the adjacent Outram and Tiong Bahru MRT stations. A few bus stops away is the future Cantonment MRT station, which is expected to be finished in 2025.


Family-Friendly Amusement Parks

Take a leisurely canopy stroll from one end of Mount Faber Park to the Labrador Nature Reserve or perhaps the HortPark on the neighboring Southern Ridges. The Southern Ridges is a 10-kilometer path system that connects many gardens and parks. It’s a terrific place to visit if you’re a nature or animal enthusiast.


Surround yourself with a charming old-time heritage

Just around the block lies the colorful Tiong Bahru neighborhood, which is known for its good combination of old and modern world appeal. The town itself has been preserved to a large extent, with a lengthy stretch of low-rise buildings fashioned in a basic and geometric Art Deco style. Due to its heritage components and reputation as a foodie’s paradise, Tiong Bahru town is considered one of Singapore’s hippest neighbourhoods because to an abundance of lifestyle cafés and well-known eateries. Not to be overlooked is the Tiong Bahru Food Centre, which is a popular hangout for residents.


Amenities for Shopping and Entertainment

Avenue South Residence is strategically placed in the heart of practically all of Singapore’s giant retail malls, taking residents little more than 10 minutes to reach the world-famous Orchard Shopping Belt, Suntec City, Marina Square, and Marina Bay Sands Shopping malls. Vivocity, Singapore’s largest retail and lifestyle shopping complex, as well as Harbourfront Centre and Sentosa, are all within walking distance.


Why do you want to live on South Avenue?

A fantastic setting for your own stay, as well as a fantastic investment opportunity.
Avenue South Residence is undoubtedly the entryway to Singapore’s major business clusters due to its proximity to the city’s centre. Tanjong Pagar and Raffles Place, as well as the financial centre of Marina Bay, are only a short car or bus ride away. Residents of Avenue South Residence enjoy going to work because there are so many career opportunities so near to home.


Great Waterfront in the South

Right in front of the Avenue South Residence lies the projected Greater Southern Waterfront, which will be a further extension of the CBD from Tanjong Pagar. The Greater Southern Waterfront is expected to be about three times the size of the current Marina Bay. This is fantastic news for investors and homeowners interested in Avenue South Residence, since it is not only a city edge development but also a significant asset located right next to the future CBD. The government is looking to inject new growth and transformation into a new economic hub.


Mapletree Business City 

The MBC, which is close by, is an integrated business hub with a varied range of firms. Google, Unilever, HSBC, Samsung Asia, and other companies are among the tenants at MBC. With so many career prospects in the area, investors who acquire a unit at Avenue South Residence will have a large pool of possible tenants.

Categories
Editorial

Is it better to live in a condo or a HDB?

Is it better to live in a condo or a HDB?

For international investors looking to invest in a Southeast Asian rising economy, Singapore presents a promising opportunity. Despite the fact that Singapore sells property at a high price, it has the highest ownership proportion in the world, at more than 90%. The geographic location of this country adds icing to the cake in terms of luring foreign investors. If you want to buy property in Singapore, you need learn more about the market so you can make better judgments. Choosing between a HDB flat and a condominium is always a difficult decision.


So, what is the difference between a HDB flat and a condominium, and which is a better investment in Singapore?


HDB Apartment

HDB flats, or Housing Development Board flats, are government-subsidized public housing in Singapore. The majority of Singapore’s residential housing developments are overseen and developed by the government. Approximately 78.7% of the country’s population lives in such housing. The primary motivation for developing HDB flats was to provide affordable housing with the option of receiving financial assistance from the Central Provident Fund at the time of purchase. The board is developing new facilities for producing up-market public housing developments in response to shifting demands.


Condo

A condominium, or ‘condo,’ is a privately owned individual unit within a building with other units. The owners of such condos acquire shared common areas such as garages, elevators, gyms, pools, and other amenities as a group. Condos are usually built in taller buildings, however individual condos can also be seen in some markets.


• A better investment option

To figure out which is the superior investment option, you must first figure out why you want to acquire property. You must understand the ins and outs, and you must receive a clear response to your request. This is because if you can clarify your needs, you will be able to better match them to the amenities offered by a condo or HBD flat.
Because HBD flats are public housing, there are specific requirements for maintaining them, which can make the investment process more difficult if you don’t want to be restricted. There would also be a waiting period before you could rent or sell the property. When you buy a private condo, however, there are no such restrictions. Nonetheless, it is your goal that should take precedence.


• Property costs

When buying anything, especially in a foreign country, property costs are quite significant. Condos are generally more expensive to rent than HDB flats because they are private property. The cost, as well as the location, are important considerations. Property in a popular or prime location is more expensive than those in less central locations. So, before you make a budget, you need to figure out which sites are important for your needs. Furthermore, if you are on a restricted budget, you can transfer from condos to HDB flats.


• Eligibility

When it comes to buying properties in Singapore, eligibility is another important element to consider. You must have nationality as well as family nucleus eligibility to acquire HDBs. Purchasing a condominium, on the other hand, has no such limits.


• Accessibility

Accessibility considerations should also be considered. If you need easy access to bus stops and rail stations, HDB flats may be preferable to condos because HDB flats are generally placed closer to such locations. Condos, on the other hand, may be a better alternative if you like a quieter environment because they are typically developed in less congested places. Because some condos have equal accessibility, there may still be discrepancies in the decision-making process.


• Risks that have been calculated

Finally, you must take sensible risks. The majority of investors use rental income to fulfill their monthly mortgage payments. For this, you’ll need to concentrate on the interest rate environment. When calculating the rental amount, you can choose a secured or fixed-rate loan. Condos, rather than HBD flats, may be a better option if you are more concerned with capital gains.
It’s worth noting that if you buy a condo and then decide to have an HBD, it won’t be easy to change your mind. When you own a condo, you are not eligible to apply for flats. On the other hand, if you buy a HDB first and then desire to improve, it will be relatively easy to sell and upgrade to a condo. So, before making any decisions, consider all of the advantages and disadvantages so that you do not regret the inconvenience later.

Categories
Editorial

Is One Pearl Bank Condo a Good Buy in 2021?

Is ONE PEARL BANK Condo a Good Buy in 2021?

The new condo in Outram Park, which will be completed by 2023, will be built on the site of the former iconic Pearl Bank Apartment. Pearl Bank Apartment (built in 1976), which was once Singapore’s highest private residential complex, was undoubtedly one of the most talked-about en bloc sales of 2018. Despite years of efforts to save the horseshoe-shaped residential project, the land near Outram Park MRT station was eventually sold to real estate giant CapitaLand for $728 million.


The sales gallery was filled with almost 4,000 people during its first preview weekend as it prepares to make way for the new One Pearl Bank condominium. Looking at the architecture of One Pearl Bank, it appears that CapitaLand is trying to keep the former Pearl Bank Apartment’s unique horseshoe-look. Homebuyers and property investors who value location and famous architecture would be delighted to include this work of art in their portfolio.


Many property purchasers will be wondering if One Pearl Bank condo is a good buy, and how it compares to its ‘competitors’, given the enthusiasm surrounding recent adjacent debuts like as Rivière and Sky Everton. One Pearl Bank’s proximity to Outram Park MRT station is undoubtedly a major selling point for potential buyers. The MRT station is within a 5-minute walk away from the apartment.

In fact, the Outram Park MRT station is more than just a regular train station; it serves as an interchange station for the East-West an

d North-East MRT lines. As a result, commuters living at One Pearl Bank will find it quite convenient to get to various parts of Singapore.


A wide range of services are available in the area.

One of the advantages of living in One Pearl Bank is the abundance of amenities available in the region. The condominium’s proximity to Chinatown, one of the city’s most popular hangout locations for both locals and visitors. Various eateries selling traditional fare such as chicken rice, noodle dishes, stay, and other delights may be found. You may always go to Club Street, where you’ll find a variety of stylish lounges and wine bars, for a quick drink and to hang out with your pals. In addition, there are several souvenir stores in the area that sell clothing, antiques, and crafts.


If you’re interested in culture, you can walk by the Sri Mariamman Temple, which was erected in 1827, as well as the highly-decorated Buddha Tooth Relic Temple & Museum, which was designed in the old Tang dynasty’s architectural style. If you need to purchase your daily food and essentials, the nearest store (FairPrice) is located in Chinatown Point, which is only an 11-minute walk from One Pearl Bank. Cantonment Elementary School is the only school within a 1-kilometer radius of One Pearl Bank that offers primary education. River Valley Elementary School, Zhangde Primary School, CHIJ (Kellock), and Radin Mas Primary School are only a few of the prominent primary schools within a 2-kilometer radius. 5 Steps Academy (located in Everton Park) and Chatsworth International School are the nearest international schools to One Pearl Bank (Orchard Campus).

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