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Featured, Headline, balestier novena bulletin, knowledge is strength, real estate investment »

[11 Sep 2010 | 3 Comments | ]
Far East, Orchard Parade buy Bassein Road residential plots

The 2 enbloc sales in Balestier area have been successfully clinched as planned. Far East & Orchard Parade purchased Pastoral View together with adjacent OCBC land at an estimated $847 per square foot per plot ratio (psf ppr), and a local boutique developer bought Melrose Court at $665 psf ppr.
With the series of cooling measures introduced lately by Government, we expect to see more caution from developers in their land bidding. However freehold prime sites with sizeable areas are difficult to come by nowadays, therefore the recent enbloc at Pastoral …

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Featured, Neighbourhood, balestier novena bulletin »

[22 Aug 2010 | No Comment | ]
Gilstead Brooks Cluster Housing Development

If you are looking for landed housing yet hoping for communal facilities such as security, swimming pool & gym, cluster housing may be a choice for you. Cluster housing appears like landed housing except each of the unit does not carry land title deed but strata title. Therefore they are also known as strata title landed housing. In terms of facilities, cluster housing shares communal facilities and common areas like other condominium developments. Therefore there will be a maintenance fee to be paid monthly.

In the tucked away prestigious district 11 …

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Featured, Headline, knowledge is strength »

[12 Aug 2010 | No Comment | ]
Lease Topping up

Remember just years ago that no lease top-up was granted for Marina House’s application for lease top up was being turned down, although HMC Building nearby (being developed into Lumiere condo) got a lease top-up to 99 years earlier?
In the land scarce Singapore, people are getting more receptive to leasehold properties, being it commercial or residential. Therefore if your property is sitting on leasehold and expiring soon, you might be considering applying for lease topping up. And the approval rate is very much dependent on the government’s long term planning …

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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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[16 Mar 2010 | No Comment | ]
What to do if your new house giving your headache of problems?

Buying a new house is always exciting. It is especially so for the first time private home buyer getting the key to a new home after receiving the letter of notification on the development Temporary Occupation Permit.
However your perfect dream homes may not turn out to be perfect. So what should you do when you find your new home with shoddy workmanship and many items are not in line with the specification? Under the Sale & Purchase Agreement signed with your developer, your developer has certain obligations to fulfill when …

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