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Articles Archive for April 2010

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[15 Apr 2010 | 2 Comments | ]
Facing problems in managing your contractors?

I faced many problems in my new house renovation, even though I know my contractors personally. Therefore I could imagine people who are not frequently changing homes and find managing a contractor is a real tough chore.
Therefore when I happened to come across this article written by J Scoot posted on http://www.biggerpockets.com/renewsblog/ , I decide to append this posting. This article will be very helpful to people just take over and decide to do a make over to their new home. Though the content relates to other country, the approach …

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Featured, knowledge is strength »

[15 Apr 2010 | No Comment | ]
Email reply to reader

Hi SunShine,
I am by no means an expert. Nor am I able to tell you if you purchase the XXXXX now the price will surge further or drop in the months coming.
In property investment, it is important to identify your goal. If you are looking for solely price appreciation, it seems that the risk is on the higher end since there have been talks on property bubble building up in Singapore and several cities. If you are looking for rental income and long term return, there is no good or bad time (at least to …

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Featured, Neighbourhood, balestier novena bulletin »

[15 Apr 2010 | No Comment | ]
National Kidney Foundation Building at Kim Keat Road

 

Not sure if you still recall the NKF saga that happened years back. Often I bypass the NKF building along Kim Keat Road, and I would still recall the outrage of Singaporeans when the scandal involving the charity broke out following the collapse of a defamation trial against the reportor and SPH in 2005. It had subsequently led to the resignation of notorious CEO T.T. Durai and its board of directors. Remember the outrage of many donators cancelling their monthly contribution, and the NKF headquarter at Kim Keat Road was …

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Featured, Neighbourhood, balestier novena bulletin »

[14 Apr 2010 | No Comment | ]
Budget hotels in Balestier

Balestier is popular with many trades. It includes good food, lighting shops and budget hotels. Even before the inclusion of the 2 nos. of new hotels in Zhong Shan Park, the 2km stretch of Balestier is already home to 13 budget hotels. Of course the most ubiquitous hotel chains are the Hotel 81 and Hotel Fragrance.
The latest ones opened last year are Aqueen Hotel Balestier, Value Hotel Thomson, Value Hotel Nice and Value Hotel Balestier. For your information, the latest Value Hotels are operated by the established budget hotel group …

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Featured, Headline, balestier novena bulletin, knowledge is strength »

[12 Apr 2010 | No Comment | ]
Diamond Tower in Balestier sold in collective sale

 

As reported in the earlier posting on the potential enbloc for several apartments in Balestier, Diamond Tower has managed to ink the first residential deal for the area.
The existing Diamond Tower is just sitting next to the up and upcoming Zhong Shan Park, which houses 2 hotels and a public park. The deal has not been finalized since the proposed collective sale of Diamond Tower will be subject to approval from Strata Titles Board as its owners have not unanimously consented to the sale.

EL Development has inked a deal to buy …

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Featured, knowledge is strength »

[12 Apr 2010 | No Comment | ]
Dream home out of reach

Reading the article “Dream home out of reach” on a Sunday morning poses the same question to me: If you do not own a house now, will you commit to become one of many Fang Nu – “housing slave” in order to afford a house that is far out from your affordability?
The answer could be a “Yes”, “No”, or “Maybe”. In all cases, the frustration and annoyance are just growing stronger with the each day property price increase. It is especially for people who need to purchase a house out …

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Featured, Neighbourhood, balestier novena bulletin »

[6 Apr 2010 | No Comment | ]
Whampoa Park Connector

I decided to try out the Whampoa Park Connector starting from Toa Payoh Town Park. Early in the morning, the view towards the PIE highway and the Rajah Court HDB buildings is beautiful. They are basked in the beautiful soft morning sun. Everything appears to be painted in yellowish orange. Just take a look at the Sungei Whampoa Canal, the water is clean and serene. Joggers are exercising along the canal promenade.
One thing disappointing is the unsightly works for the landscaping works at the Rajah Court area, as well as …

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Featured, balestier novena bulletin »

[5 Apr 2010 | No Comment | ]
Balestier and Novena enjoying the uptrend with bouyant launches along Newton Road

The buoyant property launches along Newton Road are going strong that the older projects are also enjoying the uptrend. With Balestier and Novena just steps away, the developments from the area will definitely enjoy the spillover too:)
 
Source : The Edge – 29 March 2010
Amaryllis Ville units going for more than $1,200 psf
Since last June, the transaction prices of apartments at Amaryllis Ville, along Newton Road, have increasingly crossed the $1,000 psf level. In January, prices at the 311-unit twin-tower condo development came close to the 2007 peak of $1,514 psf, …

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Featured, Neighbourhood, balestier novena bulletin, knowledge is strength »

[5 Apr 2010 | No Comment | ]
21 Kim Keat Road, off Balestier Road put up for Sale

With the successful precedent transaction of the 3 storey industrial terrace factory building at No. 6 Jalan Ampas on February this year, there is another industrial site in Balestier put up for sale.

It is a freehold industrial site at No. 21 Kim Keat Road at an asking price of $42 million. Within the same Balestier area, this site is potentially to be re-zoned under the Urban Redevelopment Authority planning to residential use of a gross plot ratio of 2.8
The asking price of 42 million works out to S$734 per square foot …

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Featured, Headline, Neighbourhood, balestier novena bulletin, knowledge is strength »

[4 Apr 2010 | 3 Comments | ]
Featured Property of the Week: Mandale Heights

If you are hankering for a place in or near to city but daunted by the high prices, a home buyer or investor may want to consider Minbu or Mandalay areas. Though it is very near to Balestier, yet it is still within the district 11 and within the walking distance to Novena MRT Station. Since it is at the fringe of Balestier area, it is very close to good food and amenities.  More importantly, the property prices are much more attractive in comparison to the properties in Newton and Novena …

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