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Riviere at Jiak Kim

Riviere at Jiak Kim

Riviere, a new launch luxury condominium by top developer, Fraser Property, is set to be one of the hottest new launches in Singapore in 2019. Located at Jiak Kim Street, formerly the famous Zouk (A very popular night club in Singapore), this new property for […]

The Florence Residences

The Florence Residences

The Florence Residences is a mega residential new launch condominium located at Hougang Avenue 2, Singapore. Occupying a massive land area of almost 400,000 sqft, The Florence Residences houses more than 128 condo facilities, offering a resort style condominium for an exciting lifestyle for its […]

Executive Condo at Sumang Walk, Punggol

Executive Condo at Sumang Walk, Punggol

The new launch Executive Condominium (EC) at Sumang Walk, Punggol, is a highly anticipated EC of 2019, as it’s set to be the only EC launch in the year of 2019! The pent-up demand is high for a new launch EC in Singapore, as it’s severely low in supply. And as the only EC launching in 2019, this Punggol EC will be in high demand from all qualified EC buyers.

Launching Soon, Call/Whatsapp 96563725 now for more info and viewing!

sumang 904px 1 - Executive Condo at Sumang Walk, Punggol

img 1055 - Executive Condo at Sumang Walk, Punggol

Basic Info:

Project Name EC at Sumang Walk, Punggol
Address Sumang Walk, Punggol
Developers City Development (CDL)
Tenure 99 Year Leasehold
Site Area 291,232 sqft
No of Units To be Advised
Expected TOP 2023

 

The Location

Located at Sumang Walk, Punggol, this exciting new Executive Condominium is in a highly desirable location. Since the transformation of Punggol started many years ago, Punggol have been transformed into a waterfront township, with matured estate amenities like mega shopping mall (Waterway Point), schools, garden and parks, My Waterway at Punggol (A 4.2 KM long waterway park), Safra club, and more.

Going forward, more exciting transformation will happen to Punggol, including turning Punggol into a Digital District, as well as the upcoming integrated development, Punggol Town Hub (which will have a regional public library, new hawker centre, and more) and new Punggol Regional Sport Centre. Both Punggol Town Hub and Punggol Regional Sport Centre are expected to be completed by 2021.

punggol hub 696x364 - Executive Condo at Sumang Walk, Punggol
Punggol Town Hub
pth 02d57328700a1d6b0c895eff0000f6c7a3 - Executive Condo at Sumang Walk, Punggol
Inside of Punggol Town Hub
punggol waterway park - Executive Condo at Sumang Walk, Punggol
My Waterway at Punggol

All these transformations will make Punggol one of the most liveable and exciting neighbourhoods in Singapore, as well as increasing the value of the properties in Punggol.

 

Punggol Digital District:

Aerial View of Punggol - Executive Condo at Sumang Walk, Punggol

The Punggol Digital District will bookend the North Coast Innovation Corridor, housing technology firms involved in key growth fields such as cyber-security, as well as fostering industry-academia collaboration at the new Singapore Institute of Technology Campus.  

 

Buying an Executive Condominium:

For those who are eligible to buy a Executive Condominium in Singapore, it’s a great idea. Literally, you get to buy a condominium with the same facilities as private condo, at a much lower price plus the grants from Government. And in 5 years time, you can sell it like a private condo to Singaporean and Permanent Residents of Singapore, and in 10 years time, it’s fully privatised and you can sell to anyone including foreigners, just like a private condo.

And since you buy it with much lower price plus subsidy, and can sell it like a private condo later on, there’s a very high chance that you will make a good profit in 5 to 10 years time.

Also, for home buyers who aspire to enjoy a condominium living lifestyle, yet restricted by budget, Executive Condo is one obvious and excellent option.

Eligibility for Executive Condominium:

Unlike a private property, not everyone are eligible to buy an Executive Condominium. Here are the eligibility criteria to be met:

You can apply if you meet the following criteria:

  • Your household income must not be above $14000
  • You are a Singaporean Citizen
  • You have not owned any property, locally or overseas, in the last 30 months and you do not own any property now
  • You have not owned more than one HDB/DBSS or EC flat previously

You also have to fall under one of the following schemes:

  • Public Scheme: you apply either with your spouse (and children, if any), your parents (and siblings, if any), or solely with your children (granted that you have legal custody).
  • Orphan scheme: you are an orphan and you are applying with a sibling.

Lastly:

  • If you are applying under the single scheme as detailed above you will have to be 35 years or older whilst an age of at least 21 will suffice if you are applying under any of the other schemes.
  • If you are applying for either the Orphan, the Fiance or the Public scheme, then at least one co-applicant needs to be either a Singapore Citizen or a Singapore Permanent Resident.

Launching Soon, Call/Whatsapp 96563725 now for more info and viewing! Or register your interest HERE.

 

 

Top 10 Most Expensive Luxury Condos in 2018

Top 10 Most Expensive Luxury Condos in 2018

Singapore luxury condos are some of the nicest and luxurious in Asia, and constantly attracting ultra high net-worth investors and home buyers from all over the world to buy and own one. Over the years, the high-end property segment in Singapore have proven to be […]

Le Nouvel at Ardmore

Le Nouvel at Ardmore

Le Nouvel at Ardmore is one of the most prestigious and luxurious condominiums in Singapore, located at the exclusive and upscale Ardmore Park neighbourhood, close proximity to Orchard Road. Developed by Wing Tai, Le Nouvel is signature development designed by world renowned Jean Nouvel, a […]

New Launch Properties in 2019, a buyer’s market!

New Launch Properties in 2019, a buyer’s market!

2019 is here and what’s in store for us in the Singapore property market? Will prices go up or down, will rules and regulations change again like it was in 2018? Is this the right time to buy a property? Does investing in Singapore property still make sense? Which locations and which new launch projects should you buy? I will try to answer those questions in this blog and future blogs.

In this blog, I would like to quickly share a mind-blowing fact with home buyers and investors. In 2019 alone, there will be more than 60 new launch properties in Singapore! That’s a lot consider the small size of Singapore. 

The massive supply of new property projects in the pipeline is mainly due to the en bloc fever that happened in 2017 and 2018. 

So, couple with those projects that have already been launched in 2018, 2017, and 2016, a home buyer and property investor literally have hundred of projects to choose from in the Singapore property market in 2019.

A full list of the projects/residential developments that will be launched in 2019 is below:

IMG 1548 - New Launch Properties in 2019, a buyer's market!

The Singapore property market in 2019 is definitely going to be a buyer’s market. A buyer’s market is referring to a property market where there are so much of supply that buyers have a lot of choices and hence the power. Developers, on the other hand, will have to up their game and make their offerings and pricing more attractive in order to compete for those buyers.

So, clearly, this is a good time to be a property buyer in Singapore. 

However, with so many choices in the property market, which one is suitable and right for you? We know that buying a property in Singapore is the biggest financial decision for most people, and we don’t want to make a mistake with such a big decision. So it’s imperative that we do our home work and consult with professional in order to make the right decision.

In the upcoming blogs I will go deeper into how do we choose the right property to buy in Singapore and cover what to look out for when it comes to buying a new launch property in Singapore.

This full list of the new launch projects in 2019 is to give you a rough idea of what are the projects going to launch and where are they located, so that you can make some planning.

For some of the projects that have already been launched, you can check it out here:

 

Regards,

Jack Ooi

Professional Real Estate Consultant (Singapore)

Contact Us HERE 

Property Blog

Youtube Channel: https://www.youtube.com/channel/UCsttVaUP9IxNhryysHizwbg

IMG 1042xhalfshot - New Launch Properties in 2019, a buyer's market!

 

One Meyer

One Meyer

One Meyer is an exciting freehold new launch property in the upscale Meyer/Tanjong Rhu locale. Located at former The Albracca, this freehold Singapore new property is offering exciting qualities like breath taking sea view, MRT at doorstep, and exciting East Coast living experience. Open for […]

The Most Expensive Condominiums in Singapore

The Most Expensive Condominiums in Singapore

What are the most expensive condominiums and residential properties in Singapore? And what makes them so expensive? Since our website focus mainly on luxury condos in Singapore, let’s talk about some of the most expensive condominiums in Singapore. Please note that it’s the most expensive […]

Fyve Derbyshire

Fyve Derbyshire

Fyve Derbyshire is a new launch luxury property in Novena, Singapore. Located at Deryshire Road, it’s a city location within Novena locale.

Fyve Derbyshire is enjoying the coveted freehold tenure, as well as strategic location, making it a compelling property for both investors and home buyers to consider.

Open for sales now, Call/Whatsapp 96563725 now for more info and viewing!

luxury condo singapore

luxury condo singapore

luxury condo singapore

luxury condo singapore

 

Basic Info:

Project Name Fyve Derbyshire
Address 5 Derbyshire Road
Developers Roxy Pacific
Tenure Freehold
Site Area 18,675 sqft
No of Units

71

Expected TOP 2023

 

Key Highlights:

+ Strategic Location: Located in Novena area, Fyve Derbyshire is in city location, which is strategic and near to most important places like Orchard, CBD, and others. It’s also near to shopping malls like United Square and Novena Square, as well as Novena MRT.

+ Freehold: In prime location, combined with freehold status, Fyve Derbyshire represent a rare opportunity for investors and home buyers to buy into a new launch condo/apartment in Novena area at affordable pricing.

+ Efficient and Functional Layout: Fyve Derbyshire have smaller size of 2 bedroom, but the layout is so efficient and functional that it maximises all the space. As a result, investors and home buyers can pay lower price due to smaller size, and yet get the premium space in a highly prestigious and prime location.

+ Attractive Pricing: Due to its smaller size, the price quantum for Fyve Derbyshire is attractive and affordable, giving investors and home buyers an opportunity to own a piece of luxury freehold new condo in prime location at very affordable pricing!

 

Other Luxury Condos in Singapore:

Interested in buying a property in Singapore? For More Info on other Singapore condos for sale, go here:

 

Site Plan and Floor Plans:

 

Fourth Avenue Residences

Fourth Avenue Residences

Fourth Avenue Residences is a new launch condo located in the prestigious Fourth Avenue at Bukit Timah. This new launch property is located next to Sixth Avenue MRT station, a Downtown line, which will provide great connectivity and convenience to the residents of Fourth Avenue […]


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