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[19 Jun 2010 | No Comment | ]
Low rise terraces in Balestier

There are some road names that have been  Singapore history with the city’s rapid urban development and rejuvenation. If you are still looking for a lane named Jalan Bunga Raya in Balestier and off Irrawaddy Road, you may want to know that this road has been long gone over taken by a high rise residential development currently in construction. Domus, as the name of the new development, is a 29 storey residential development of 109 units which will be completed in the year of 2013.
 
 
Jalan Bunga Raya was previously a …

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Headline, knowledge is strength »

[16 Apr 2010 | No Comment | ]
HDB flat upgraders making up 44% of private residential sales

HDB flat upgraders are making up 44% of private residential sales in March. This figure is considered very high considering the figure is only 33 to 34% in Jan & Feb, and even lower in the previous years.
Just take a look at the commentary in bold on the high percentage of HDB buyers in the appended article. Many HDB upgraders are rushing into the private property market thinking that they might miss the boat if they wait for longer. The fear of missing the boat is somehow amplified with the ever increase …

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[21 Mar 2010 | No Comment | ]
Singapore property market chasing closely after Hong Kong

More than often, Hong Kong economic performance has always been taken as a benchmark for Singapore. It is especially so for the current heated property market. It is easily understood though, since both Singapore and Hong Kong share the similarity in terms of economic factors with no natural reserves, as well as the scarcity of land.
It is believed that there is much more room for the Singapore property market to appreciate. The analogy is taken from the reported average pricing of a 120 sqm apartment for Hong Kong, it costs the buyer $21,539 …

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[6 Feb 2010 | No Comment | ]

It is not hard to see that the past January month is a good month for Singapore developers, with many sales being closed and the wide selection of launches in the market. It is apparent that the developers are tapping on the positive optimism for their new projects with the ever increasing launching pricing.
EVEN as developers have gotten off to a good start this year, selling well over 1,000 private homes in January, their launch machinery remains well oiled for more roll-outs in the near future.
Lippo Group is expected to …

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

[6 Feb 2010 | No Comment | ]
Industrial building at Jalan Ampas sold for S$27.5m in first enbloc sale this year

There is increasing buzz and activities to Balestier area, with the latest Industrial building enbloc sale this year sold at $275m. Judging from its intense participation from the market, we are anticipating more enbloc sale activities at the industrial area here has been re-zoned for residential use.
It may sound good news to Balestier, with the revamping along the way shedding off the shoddy past and image. However is Balestier getting too crowded, with the existing 3 lane road along the Balestier Road able to support the ever increasing traffic? What …

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

[29 Jan 2010 | One Comment | ]
Sun Yat Sen Nanyang Memorial Hall

Image by KeithYip via Flickr

Sun Yat Sen Nanyang Memorial Hall, which is also known as Wan Qing Yuan, is located at the Jalan Ah Hood, just off the Balestier Road. Tucked in the midst of HDB & private condominiums, it is sitting next to the Burmese Temple which is just by the side of the PIE flyer connecting to Toa Payoh. Surprisingly, Wan Qing is quite a serene and quiet place to enjoy in. 
 
 
I append the following from its website below:
 Wan Qing Yuan was built in late 19th Century. The …

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