In 2Q 2018, the average psf prices for condos in this area — which includes the recently completed #1 Suites and Treasures @ G6 — increased by a healthy 15.15%. Some 1,000+ residential units in the area were allowed to remain as their original intended use. is located in a prime District 10, and like Bedok Court, units are larger than what you’d get at newer developments. Has Clementi become prime real estate in Singapore?
Then the completion of the Biopolis business park and the subsequent launch of condos One Rochester and One North Residences saw average psf prices in Buona Vista increase and pull away from that of Paya Lebar, as the chart below shows: However, following the 2008 Global Financial Crisis, average psf prices for Buona Vista and Paya Lebar converged once again. , which is located 6 minutes’ walk away from Paya Lebar MRT station, has seen its average transacted price increase from $905,000 to $1,140,000 in the last 3 months. Number of units: 320 First, it’s within touching distance of Ai Tong School. Until we resolve the issues, subscribers need not log in to access ST Digital articles. Do you think D14 and Paya Lebar will hit property gold? Property buyers saw this as part of the government’s intention to weed out seedy activities in the area and to earmark the precinct for future mid-rise offices. Because this property is on the older side, unit floor areas are large that have spacious balconies (e.g. Buy or rent from thousands of HDBs, condominiums. **[Browse all condo listings in D14 here.].
condo en bloc potential en-bloc resale condo, Your email address will not be published. It’s not just the newly-launched condominiums that are well-received by buyers — resale units from older condominiums near East West Line MRT stations have also been performing well. One of Waterloo Apartments’ main draw is its strategic location; it’s just four minutes away from both Bencoolen and Bras Basah MRT stations on foot, and residents can also walk to Bugis MRT and Bugis Junction as well. The entire project was billed as the “gateway to the Paya Lebar district”, and will provide Grade A office space, also played a key role in the significant increase of D14 property prices over the last quarter. Tenure: 999 years Looking for a property? Most of all, the density of this condo pales in comparison to the newer The Gardens at Bishan and Thomson Grand across the street. as we have announced the Selective En bloc Redevelopment Scheme (SERS) for your block. is a relatively old condominium located at Jalan Daud in the neighbourhood of Kembangan. That said, for an indication of D14’s performance in the second half of 2018, there are a few key developments to keep a lookout for, such as bidding activity for the GLS land parcel at Sims Drive. In 2015, the Urban Redevelopment Authority (URA) rezoned a sizeable area of Geylang from residential/institutional uses to commercial use. While the nearest shopping centre (The Clementi Mall) and MRT (Dover) is quite a distance away, there’s a supermarket nearby (Cold Storage Jelita), as well as a mini-mart within the condominium. Posted by YS - September 27, 2012 | Category: General Questions **[View all condo units for sale at Bishan Park Condominium], District: D14 Simsville, which is located 6 minutes’ walk away from Paya Lebar MRT station, has seen its average transacted price increase from $905,000 to $1,140,000 in the last 3 months. Good day, if I were to purchase a private property be it landed or condo, what happen if the property being en-bloc within the cooling mesuare period (Within 4 years), must I pay for the stamp duty being 16, 12, 8 or 4 percent accordingly? Avant Residences is located within 5 minutes walk from Aljunied MRT. **[View all condo units for sale at Bedok Court], District: D10 District: D16 This was despite developer Lendlease pricing Phase Two units about 5% higher than Phase One units. The average psf price of the 186 transactions completed during Phase Two was $2,024, which contributed to a nice boost to D14’s average psf prices. That said, for an indication of D14’s performance in the second half of 2018, there are a few key developments to keep a lookout for, such as bidding activity for the GLS land parcel at Sims Drive. Tenure: 99 years **[Browse homes for sale near to D14 MRT Stations here.] ’ main draw is its strategic location; it’s just four minutes away from both Bencoolen and Bras Basah MRT stations on foot, and residents can also walk to Bugis MRT and Bugis Junction as well.
Our SERS team is here to take care of you every step of the way. Tenure: 99 years Given the profit margin of redeveloping a mid-density condo into a high-density one, the condo may well attract en bloc suitors down the line, although no collective sale effort has yet been made. Today, Buona Vista is a commercial hub housing world-class research and innovation facilities (Biopolis) and offices for multinational corporations such as Shell and P&G. That’s a whopping 27.34% increase that we’re looking, as the chart below indicates. The main draw is that this condo is located in a laid-back landed neighbourhood, within 1km to Henry Park Primary School. And for the longest time, residents have had to take a feeder bus to the nearest MRT station — Bishan. If you liked this article, 99.co recommends. On 15 November 2018, the development was successfully sold en bloc for $131.1 million to a fully-owned subsidiary of Fragrance Group. Not bad for an area with the reputation for being the Red Light District of Singapore, although this reputation is surely poised to fade in the next decade if the government gets its way. 198402868E.
Condo with en bloc potential #1: Bedok Court. The property was put up for en bloc in September 2018, with an asking price of $115 million. This field is for validation purposes and should be left unchanged. That said, the condominium was officially launched for sale earlier in 2018, and 31 out of its 50 fully-fitted units were sold in Q2 2018. Average PSF price: NA. We have prepared this guide to give you the information you should know about SERS in six simple points and an overview of your rehousing options.
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