HDB has launched a public tender for executive condominium sites at Bukit Batok West Avenue 8. Bukit Batok EC site is in a prime location in the central business district. The ECs would be built on the existing Bukit Batok Park estate. These projects are expected to be completed in 2022. There is an estimated market value of $2.4 billion, and buyers will be able to choose from a range of floor plans.
Bukit Batok EC is one of only a few in the west of Singapore. It is located in the Bukit Batok West Avenue 8 ward, which is close to the Pasir Ris MRT station. The EC is located near several bus interchanges, which makes it ideal for those who need to travel in the city. Its prime location makes it attractive for families with children. The nearby Pasir Ris MRT station will make commuting easier, allowing parents to focus more time on positive activities.
Considering the location of Bukit Batok EC site, it is expected to receive healthy bids. However, this particular project does not have easy access to the MRT and other amenities. Bukit Batok EC neighbourhood only has one small mall and few EC options. The upcoming EC will likely attract a high number of bidders who will be happy to pay a higher price for the property. This will make the Bukit ECs an attractive option for those looking for affordable and convenient ECs.
The Bukit Batok EC is one of only two ECs in the west of Singapore. It is located in Bukit Batok West Avenue 8 ward. It is near Ikea Tampines and the Pasir Ris MRT station, which is expected to open in 2030. In addition, the EC is also close to a few schools. Whether you want to stay here for a few years or for many decades, this location will serve you well.
ECs are desirable for families. Currently, the only private residential project in the area is Le Quest, which saw hot take-up when it launched in August 2017. As such, this EC is expected to be popular among HDB upgraders in the area. If the property is successful, it may attract as many as 10 bidders. The bids may be between $580 per sq ft per plot ratio.
Due to the high demand for ECs, Bukit Batok has a shortage of private housing. The last private residential project in the area was Le Quest, which launched in August 2017. Since Le Quest was launched, the area is expected to see hot take-up, so the new EC will be a welcome addition for HDB upgraders in the vicinity. This development will be a good investment, as there are a lot of advantages.
Bukit Batok EC near to Lot One Shopping Centre is situated in Singapore’s north-western region. It was built in 1996 and is managed by the CapitaMall Trust. It is located next to Choa Chu Kang MRT and LRT stations, as well as a bus interchange. The mall is popular with the residents of the surrounding precincts and is easily accessible by car. It has a wide range of stores and restaurants, from cafes to department stores.
One of the most exciting developments in Singapore is the upcoming Jurong Lake District near to Bukit Batok EC. By 2030, the Jurong Lake District will be served by four major rail lines, including the Cross-Island Line. This new infrastructure will help people get to work and other locations nearer to home. The JLD will be a pedestrian-friendly and bicycle-friendly place. With a new public transport system, commuters will no longer have to drive long distances to reach their jobs.
Another shopping centre at Bukit Batok EC is West Mall is a shopping complex located in Bukit Batok, Singapore. It is connected to the MRT by a sky bridge and houses a Cathay Cineplex. Previously, it housed WE Cinema, or Eng Wah Cinemas. In February 2013, the West Center opened its doors to the public. While the mall has a variety of stores and restaurants, it is particularly popular among shoppers. In addition to its upscale retailers, the complex is home to a variety of entertainment options, including a children’s play area.
Bukit Batok EC is highly sought after as there is investment potential due to its location near to Jurong East District. The Jurong East District is one of Singapore’s key regional growth areas. It is home to the Ministry of National Development, the Agri-Food and Veterinary Authority, and the Building and Construction Authority. The region is also home to three landmark tourist attractions: the Singapore Flyer, the Merlion and the Gardens by the Bay. These attractions are great for families, as they offer activities and amenities that will keep residents happy and fit.
Bukit Batok EC residents can also rejoice as the development is located to nature parks such as Bukit Batok Town Park. There are few places in Singapore as picturesque as Bukit Batok Town Park. In the late 1800s, the park was the scene of an horrific attack, in which a female jogger was raped in broad daylight. A week later, the victim was discovered in a 10 metre deep ravine. Another woman was assaulted in the park a few weeks earlier, but managed to escape after two 15-metre trees were toppled by strong winds. The park has no amenities, toilets, parking and other amenities. There are only two small, vine-covered shelters for those who want to take a break from their daily lives.
This question on Yishun EC has been floating around and there are many reasons why it is getting popular. One of the most prominent reasons is that it is located at the center of town. The Yishun MRT station is located at the northern part of town where the Burong Night Market is located. Because of this, executive condos have access to all the recreational, business and entertainment facilities that the city has to offer.
Yishun EC near to Yishun Town Center is an upcoming retail and residential complex being built at a very high-tech, modern-day theme. The project will feature a sky-scraper structure that has a glass-enclosed living space. The Yishun MRT station is going to be linked to the shopping center by a underground tunnel. The planned layout will also feature retail outlets, a big screen television, a premium restaurant, two premium hotels, a major supermarket and a lot of restaurants, cafes and nightspots. This makes the Yishun executive condominiums and town condos a very good investment because it has the potential to earn higher returns than the real estate markets anywhere else in town.
There are other reasons why executive condominiums in yishun are becoming popular. The Yishun City government has approved a plan that will allow for the creation of a new downtown district. This new downtown area is to be called Yishun Square. This planned urbanized area will feature a commercial center, a new park, a theater, multiplexes, restaurants, bars and nightclubs.
Another reason why executive condominiums in yishun are becoming popular is the simple factor that they cost less and are easier to maintain than the alternative for Yishun EC. The Yishun City Government realized that there was an empty space in downtown. This empty space was being filled up by expensive malls and shopping centers. This forced the Yishun City Government to look at how it could reduce its overhead and expenses. The result of this plan is the launch of Yishun MRT Station.
When you purchase an executive condominium in Yishun EC, you will be able to benefit from the launch of Yishun MRT. The station connecting Yishun’s Central Business District with the Yishun City Hall and other important buildings in downtown can be considered as the biggest step towards improving the lifestyle in Yishun. Many residents in executive condominiums in Yishun have expressed their fears regarding the possible closure of Yishun City Hall, which is due to the opening of the MRT. These fears have subsided now, and the opening of the new MRT has been met with widespread approval from both Yishun residents and business owners.
The introduction of MRT near to Yishun EC location will also help in easing traffic on the streets leading into Yishun City Hall. Since Yishun’s residents are now utilizing the MRT station, it will cut down on commuters making their way to and from the city hall. Why executive condominiums in Yishun are getting popular in Singapore? This is because of the influx of middle class professionals that have relocated to the city for work purposes. This infusion of professionals has helped Yishun become a modern and sophisticated business and shopping destination.
With the opening of the MRT, executive condominiums in Yishun are bound to experience a spurt in footfall as more people become aware of the benefits these kinds of units offer. Not only do executive condominiums in Yishun attract people with their lavish features and amenities, they also appeal to the younger generation. Yishun has an upcoming generation that is deeply interested in exploring their options when it comes to living a lifestyle that is far from the traditional. The influx of young professionals will no doubt fuel the rise of executive condominiums in Yishun.
Why executive condominiums in Yishun are getting popular in Singapore? The rise of the MRT will definitely have something to do with it. The opening of the MRT is bound to boost the number of people moving to the city, and the MRT will bring in a whole new set of executives who will have a flair for business. In short, the rise of the executive condominiums in Yishun is a result of the need of the hour. Yishun will not be left behind in this newly developed area.
Midwood Condo is a newly built condo in Singapore. Midwood Condo has all the charm and style of other high end Singapore real estate properties such as other Hillview properties in Singapore. Midwood Condo also has a long-standing community of locals and expatriates. For residents, it offers the best of both worlds – a relaxed lifestyle amidst stylish surroundings and great distance from the hustle and bustle of central Singapore. In this article we’ll take a look at the amenities that differentiate Midwood condos from other luxury real estate offerings in the region. Midwood Condo location is at Hillview Avenue.
There are three communities located in Midwood. The first, called Newlands, is a middle class community that is conveniently located close to the famous nightlife of Central and Orchard Road. Here, residents and guests can enjoy many entertainment venues like the Bishan Restaurant, the Singapore Zoo, and the American Club. At night, you will be pleasantly surprised to find live music performed by local bands and musicians. Midwood Condo pool area and outdoor dining options make this condo a great place to bring the family. The community itself features a fitness centre, a mini-shopping mall, a public library, a state-of-the-art public square, and an adult day care center.
The second area is branded as the enclave. Midwood Condo is located just south of the Singapore River and is designed as an open space with various shades of trees and plantings. Midwood Condo units here feature views of the river and the surrounding tropical gardens. You will appreciate the large number of outdoor activities and games available in the enclave. Here, you’ll find some of the most scenic spots in the city and a very convenient place for strolling through nature.
The third and last is the Nature Landscape. Midwood Condo is the largest community of its kind in the area. Midwood Condo is located north of Hillview Avenue and is designed around an outdoor swimming pool. Midwood Condo buildings themselves feature views of the beach and the surrounding green hills. This community is also one of the most expensive, yet it offers spectacular views. Midwood Condo is a unique and exciting place to live. If you are looking for a new home and want to live in an urban setting that offers great living conditions, then Midwood Condo is a great choice. Midwood Condo is the only neighborhood in the city that is zoned specifically for condominium living.
Midwood is also a very desirable place to buy a home because it is very close to the many attractions in the area. There are many fine restaurants, movie theaters, and other entertainment centers in this area. If you work in the city, you will not need to go far for entertainment. In fact, you may find that you get your work done early because you can walk to the theater before heading out for the day. And when you get home, you can relax by the pool or listen to music.
But there are some drawbacks to buying a property in Midwood Condo . Because there are so many properties available, there is competition for any real estate property. In addition, Midwood Condos is not very far away from the downtown area, which means that those who live downtown have to drive quite a long distance to get to their own living space. Another negative is that there is not a lot of open space in the community and some people do not like the noise. However, the perks make it a great choice for those looking to buy a condo for their family or other living arrangements. If you are considering purchasing a Midwood condo, then you should contact Hong Leong Group to help find the best one for you. She is very familiar with the area and can help you find the perfect fit for you. As she knows Midwood Condos so well, she is able to narrow down your search to the exact type of property that meets your needs. This makes your search much easier and you are more likely to get the Midwood condo that is right for you!
Midwood Condo is a perfect property investment for first time buyers or investors. It is a unique development that has excellent views of the city and its surrounding regions. The projects feature an extremely contemporary look coupled with high-end amenities such as its own fitness centre, library and swimming pool. The development also boasts the restaurants, bars and skydiving facility. The Midwood condo is located close to the Kiparin International Airport and The Orchard road shopping area. It is also minutes away from the Singapore Riverside and the busy Singapore Riverside.
This project is managed by the Hong Leong Group, a specialist real estate consultancy group. Midwood Condo is one of their best-selling project properties. The firm specializes in luxury residential properties in Singapore and has developed some of the best-performing projects here. The company has also developed many other luxury property projects throughout Asia.
Midwood was launched in March 2021. The main aim of the project was to provide an exceptional urban lifestyle to residents. The condominiums feature both conventional and contemporary design features. They also offer a great connectivity with the rest of the city. The project also offers residents a very friendly and convenient lifestyle.
The developers of the project have made sure that the construction process is very cost effective. The architects employed by the company have been highly trained. The result is that the finished product is of superior quality. The project manager of Midwood, Mr. Wing Hwee, has ensured that the building process has been streamlined.
Midwood’s main selling points are its location and design. Located in the heart of Singapore, it is only a short walking distance from the Orchard and the Central Business Districts. The nearby MRT station is also very convenient. It is also a very close proximity to the Penang International airport and the Central Business School.
The Midwood condo units are all beautifully constructed and come with high quality finishes. Each unit also comes with its own spacious backyard and outdoor parking space. Each individual unit is also equipped with high speed internet, electricity, fully equipped kitchens, security systems, as well as a pool. The complex also comes with a monthly maintenance fee.
The Midwood website has a lot of information regarding the various units available at Midwood Condo Singapore. The website also contains the schedule of maintenance and service work for each unit. The community comes with a monthly membership option. However, the regular monthly charges apply to the individual members. There is also a one time payment option available.
In addition, the condo comes with its own concierge service. The concierge services include valet parking, concierge voice mail, as well as meeting rooms for rent. Another added advantage is that there is a monthly charge for the use of the clubhouse. The Midwood website also offers information regarding the condo as a potential investment property. The website has pictures of the different units and the backyard, among other details.
You can also see Midwood’s portfolio on the website. This portfolio shows several of the units in operation as well as pictures of the backyard. It also shows several floor plans and the proposed designs for the future units. When looking for a new home or condominium, it is important to take into consideration the features offered by the community. It is also important to consider the kind of community that will best fit your needs and lifestyle. Midwood Condo Singapore features a number of different kinds of features, including an active family, seniors, as well as pets.
Other features offered by Midwood are fireplaces, patios, decks, elevators, as well as wireless internet. The main entrance of the unit is through the garage. All units come with a master suite as well as two-bedroom suites. The kitchen features top of the line appliances, stainless steel appliances, glass appliances, and granite counter tops. Several of the units have extra bedrooms and bathrooms. The pool area is equipped with a whirlpool and a heated outdoor swimming pool.
Each unit comes with two fireplaces, and there are several beautiful gardens located on the Midwood campus as well. Each of the units will also offer a gated entry as well as keyless entry systems. A swimming pool is also located on the Midwood campus, which is perfect for relaxing after a hard day at work. Located in the northern part of Singapore, Hillview is a village community and shopping centre famous for its hawkers and local produce. This modern open-air shopping mall features a number of local restaurants & eateries. Local artists sell their artwork and handicrafts at the MRT station just opposite the mall. Apart from fresh produce, Hillview also offers a wide range of handicrafts, jewelry, garments and electronics.
The shopping mall is opened each day by local Singaporean growers and fruit sellers at their stalls along the pavement. The produce is sold in two kinds – local and imported. The latter range from clothing to fruits and vegetables, and many of the clothes are sold on the “open market”, at very reasonable rates.
The shopping malls have a single entrance – a small alcove that faces the street. There are two floors and each floor has around forty shops, including some of the well-known international brands such as Zara, Nike, Adidas, and Givenchy. The mall offers a wide variety of stores selling all sorts of consumer goods. Some of the more popular local brands can be found on the second and third floors. Apart from local produce and clothing, there are over forty restaurants serving up a variety of cuisine. Several of the restaurants can be found serving Indian, Chinese and Thai cuisine.
There is an open air market located within the mall. Unlike the first-level shops, which are generally found inside the buildings themselves, the upper floors of Hillview are not only dedicated to local produce and restaurants. There are several courtesans, who offer evening and lunch services to the shoppers. These shops are operated by members of the Singapore Chinese Association (SCA), which has offices at the YMCA International House. Other businesses that offer daily breakfast, tea and snacks to shoppers include Puma Shoes and FYI Clothing.
Aside from its vast collection of clothes, accessories and groceries, Hillview Mall also offers many other things for shoppers to do. It is the only mall in Singapore that offers two designated shopping districts. There are both South and North Mall, which are respectively located on the opposite sides of the mall. The North Mall houses general stores such as Pottery Barn, Ciea and Crate & Barrel, while the South Mall houses top-rated fashion stores such as Neiman Marcus, Bergdorf, Dillards and Burlington Coat Factory.
The majority of the businesses operating in the mall are family-owned and operated. There are some independent shops that are also found in the mall, however, it is rare to find a specialty store. Most of the stores offer a wide variety of merchandise and sell everything from general clothing to accessories and electronic products. There are also some high-end restaurants in the mall, including the Cedar Point Restaurant and the OiOi restaurant.
If you are looking for an exclusive shopping experience, Hillview malls offer a wide variety of designer boutiques and premium department stores. The boutique stores include Seven Lucky Plus, Avenue, Fredrick’s of Hollywood and John Lewis. Department stores include Bloomingdale’s, Nordstrom and Macy’s, and there are also several outlet malls. There are numerous shopping centers located near Hillview malls, offering a range of budget-friendly products. There is something for everyone, from the newest gadgets to furniture to fine dining. When it comes to shopping, Hillview has it all!
Many of the stores are located off of ramps or next to convenient bus stops, making them easily accessible for shoppers. Some of the stores offer free ferry rides and shuttle service to get shoppers to their destinations. The stores are open late in the evening and on Sunday’s as well. As long as you’re prepared to spend a little extra time shopping, the prices in Hillview are worth the trip. Food at the mall is inexpensive compared to shopping. The grocery store is conveniently located next to The Marketplace and has a large variety of fresh produce. They also have a deli and a small market that sell take-out food. The market serves many local products, making it a nice place to purchase some locally grown produce.
If you want to eat out, you will have plenty of options. There are plenty of dining locations in the mall, and they all offer many different types of food to choose from. From quick bite restaurants to the finest gourmet Italian and Greek food, Hillview Mall offers something for everyone. And since there is never a long line to wait to be seated for a good meal, shopping or dining is always fun and easy to manage.
The Watergardens at Canberra Condo by UOL Group is located in the heart of Canberra. The Watergardens at Canberra Condo is a luxury residential condo with high quality design and construction. This luxury home has five bedrooms, seven bathrooms, two heated pools, a huge rooftop pool and an infinity pool. The The Watergardens at Canberra condo is designed by UOL Group. Please see Watergardens floor plans for more information.
The Watergardens at Canberra unit comes with high end finishes. The Watergardens at Canberra units are fully equipped with all the modern luxuries you could ever need. Each room is comfortable and stylish with king sized beds, oval tubs, marble counter tops, and hardwood floors throughout each space. Each luxurious unit has been designed to its highest standards. The UOL Group loves their clients to feel like they are at the most exclusive resort on Earth. The development will be launching in 2021.
The Watergardens at Canberra condo is an amazing lifestyle choice for everyone. You can live your life to the fullest while enjoying the serenity of this amazing property. The The Watergardens at Canberra unit is your dream from the beginning, as you will be able to live here in comfort and style. The Watergardens at Canberra residents will be able to enjoy the tropical fruits that are grown in the area. In addition, you can indulge in many other activities such as golfing, tennis, swimming, fishing and so much more. You can make your living experience here very comfortable with many services available. The Watergardens at Canberra offers maid services, concierge services, shopping services, laundry facilities and restaurant services. The Watergardens at Canberra also offers special events such as wine tasting dinners and wine pairing dinners.
The Watergardens at Canberra is an amazing community. It offers breathtaking views of the Sembawang Beach. You will be able to get married here or simply engage in romantic lifestyle. There are so many things that you can do at The Watergardens at Canberra. The Watergardens at Canberra condo is not like other condos in terms of its location. The Watergardens at Canberra is located in an exclusive area which is a few minutes away from the center of the city. This gives you a very convenient lifestyle. In addition, you can access the downtown area easily. Therefore, your lifestyle is guaranteed to be luxurious.
One of the best aspects of living here is the proximity to high-end shops and shopping centers. In fact, you can even have your own car valet service. All the necessities you need are just a stone’s throw away. Moreover, the view of the ocean and the nearby beaches are simply breathtaking. You can take long walks along the beach and admire the beauty of the nature and the locals. In The Watergardens at Canberra, you will have everything you need to make your living relaxed and luxurious. The proximity to the beach, shopping areas and restaurants make living in The Watergardens at Canberra a very appealing option. In fact, you can choose to live here as long as you want, as long as it suits your lifestyle. After all, life is a promise to enjoy yourself.
There are several types of condos available for sale in The Watergardens at Canberra. The most popular among them are the two, three, four and the five-bedroom units. Each The Watergardens at Canberra unit has its own private terrace, backyard and parking space. The Watergardens at Canberra condo comes with all the basic amenities such as a fully-equipped kitchen, a modern bathroom, a laundry room and living room. The Watergardens at Canberra is indeed a one-stop solution for all your living needs. You can use it as a holiday home, or even a second home. You can entertain guests in this condo. The best thing about it is that the maintenance cost of these condos is very low.
The Watergardens at Canberra condo also comes with all the exciting features that you desire most. The open plan design and the large windows give you a clear view of the sea and the surrounding serene landscape. You can experience the serenity of the sea breeze by sitting on your balcony. The Watergardens at Canberra is indeed a great place to spend a peaceful evening with your family or friends. With a The Watergardens at Canberra condo, you do not have to worry about the security of your property. It is surrounded by high walls to ensure that your privacy is maintained at all times. There is a 24 hour security guard service that comes with the condo. Hence, it is easy to remain relaxed and comfortable in your living area.
The Watergardens at Canberra Condo by UOL Group is an exquisite five bedroom luxury home on the rise in Singapore. Located just two blocks from the beach in Sembawang, this ultra-luxury condominium offers luxurious amenities and breathtaking views of the Sembawang Beach. Located directly on Canberra Drive, The Watergardens at Canberra is conveniently poised to capture the very heart of Camberra luxury real estate scene. The Watergardens at Canberra is conveniently located in Canberra, so residents are just a short walk to the Canberra MRT Station. The Watergardens at Canberra is ideally located to combine contemporary design with ample outdoor space. The spaciousness of the interior compliments The Watergardens at Canberra’s unique architecture and the units are finished to mirror this vision. Each unit boasts high-end appliances and unique floor plans. The Watergardens at Canberra is designed to be the ultimate in luxury living.
The Watergardens at Canberra is not your ordinary Canberra family home. The Watergardens at Canberra is a luxury residence, offering 5 bedrooms, seven bathrooms, extensive pool area, spacious second floor living area, a spa with a steam room and sauna plus an amazing rooftop terrace with unobstructed views of the ocean. With its perfect location, The Watergardens at Canberra offers convenience to many parts of Singapore including Yishun, Sembawang and Canberra. The Watergardens at Canberra is only two blocks from Canberra MRT Station, which is the hub of luxury shopping, dining and nightlife in Sembawang. The Watergardens at Canberra is just minutes from the Yishun, which is a well-known north-end destination for shopping in Northpoint City. The Watergardens at Canberra is conveniently located between Canberra and Sembawang. The proximity of this sought after luxury residential community to the well-known dining and entertainment spots makes it a favored place for travelers to unwind and relax.
The UOL Group is a company that has its roots in the real estate and luxury residential market. UOL Group wanted to create a luxury lifestyle that included comfortable, affordable and convenient living. He succeeded in creating UOL, which today is regarded as one of the finest luxury living communities in the U.S. UOL offers executive homes, penthouses and condos in Singapore and other countries. If you are looking to purchase a The Watergardens at Canberra condo for your own personal use, you will need to get pre-qualified before you begin the buying process. This will help ensure you get what you need at the price and term you desire. Once you have received all of your pre-approved offers, you can begin negotiating with a sales representative and begin looking through potential homes and neighborhoods in Canberra.
If you choose to rent out a The Watergardens at Canberra condo, there are several reasons to do so. One is that you will always have a place to live no matter where you go. Another benefit is that owning a condo is extremely affordable, especially compared to many of the luxury properties being offered right now. You will also enjoy several benefits including access to pools and gym facilities, tennis courts and so much more. You will also enjoy all of the conveniences that The Watergardens at Canberra has to offer. If you are looking to purchase a new condo, there are many resources online to help you with your search. If you are a new buyer, you can find out what the market value of a house in different parts of the city is. By knowing the value of the house, you can set a budget and work towards getting the house you want. When you find the house you want, make sure you set up an appointment with a realtor who can help you find the right property.
Sembawang is a small city located in the south of Singapore. It is one of the most beautiful and scenic places to visit. The restaurants and cuisines here are excellent and you will be tempted by them as soon as you step foot into the place. If you love eating out, then the best place to do so is in Sembawang. You will find all kinds of international restaurants serving Singaporean and International cuisines. Dining here is a fun experience, as there are various restaurants and food venues. Here are some of the best places to eat and shop:
At Canberra on the north of the Singapore River is the Leisure Village. Here you can mingle with Singaporeans and indulge in various national dishes, coffee shops, cinemas and night clubs. The Singapore River provides a wide expanse of restaurants and eateries to cater to your tastes. If you want to eat out, you can choose from a range of Indian eateries, Chinese restaurants, Thai or Japanese restaurants. For shopping lovers, Canberra Plaza is the place to go. This is a large open air mall, which has lots of small shops and big ticket retail stores. There are also a variety of eating places here. There are many shopping centres in this area and the prices are lower than most other shopping centres. There are also several mini malls, which include some of the famous departmental stores.
Sembawang Shopping Centre is another great place for food and drink. Some of the restaurants here serve delicious local fare like oysters, chicken and mutton. There is a big central public square here where you will find all kinds of local eateries and cafes. There are some great Chinese restaurants as well. Sembawang Road is quite close to The Watergardens at Canberra. This is another great place to shop. There are several small boutiques here that sell all kinds of good quality merchandise. Apart from these, there is a big market street where you will find a variety of fresh seafood. You will also find a lot of open-air eateries here where you can have a delicious meal.
Apart from these there are a few big malls that have all the major brands and a lot of specialty stores. These shopping centres are located in Canberra and Sembawang. Shopping centres in these areas are generally modern and well maintained. You will definitely find all the necessities you need here. A walk from your residential area is a great idea if you are living in Sembawang. The Sembawang area has a whole array of wonderful hotels and restaurants. Hotels such as the Ascott Singapore Hotel and the Peninsula Singapore Hotel are very popular for their great service. Restaurants such as Tung Tong’s, Cupid’s Restaurant and the Raffles Hotel have all done great business in this area. If you are on a diet then there are many restaurants that cater to such requirements.
There are many places in this city where you can go for fun. There is the Night Safari located at the Perhentian Beach. This place is located just across the water from the Jalan Bongki centre. This centre also has its own waterpark which is called the Silver Sands Water Park. All the attractions are located just around the central part of the city. Bukit Timah is an old market town and it is one of the best places to shop. This is because the road is lined with many street hawkers who sell a variety of goods. Shopping in Bukit Timah is really worth the trip. Other places to visit in this area are the Chinese Cultural Centre and the Asian civilization museum.
UOL Group is an internationally-acclaimed real estate development and property management firm in Singapore. Focusing on the development and management of commercial properties, the company was established by Mr. Lim Yean Ee, who is a former editor of Business Singapore magazine. Today, UOL is one of the leading real estate developers in Singapore, with several flagship projects in the region. As its popularity grows, more people from the industry are looking for opportunities in UOL group Singapore.
There are several reasons why UOL makes for a great real estate developer. Among these, the company has a strong commitment towards community involvement. In its first few years in operation, UOL committed itself to the creation of public spaces in areas like Clarke Quay and the nearby East Coast Islands. In response to increasing public awareness of the need for such places, more residents began to demand such places. As a result, the company has worked hard to accommodate the needs of its diverse customer base.
Another important quality that sets UOL apart from other real estate developers is its focus on sustainable living. The real estate developer organizes a number of environmental programs, ranging from preserving wetlands and floodplains to bringing together businesses to create green spaces and waterways. It has also made the sustainable design principles it incorporates central in its projects, encouraging a reduction of construction footprint and preserving the environment at the same time.
UOL Group is very innovative when it comes to its use of technology. It has gone a step further than other real estate companies by investing in an IT-based predictive maintenance program. This technology allows the company to optimize its operations, saving money and resources. In addition, it also reduces the downtime caused by computer applications, which help reduce operational costs and boost efficiency.
UOL’s development strategy also includes the use of eco-friendly methods for constructing its residential properties. The eco-friendly approach has helped the real estate company to meet its target of sustainable development in a variety of projects. Some of these projects include sustainable developments on landfill sites, reusing materials and using energy efficient appliances and equipment. Other strategies focus on energy conservation, improved storm water quality, recycling and reusing of water and other fluids. To ensure these goals are met in each project, UOL uses the services of a certified sustainable development consultant.
The company has experienced teams of designers, architects and developers. This enables the delivery of each property to meet the highest standards possible. Most of the real estate developments in Singapore involve both residential and commercial properties. Therefore, UOL has various centers across the city that focus on developing each type of property. The core centers focus on residential properties, while the secondary centers handle multi-family properties. The company’s innovation and commitment to the communities it serves have resulted in the company being able to establish a name in the industry.
The real estate developer has also launched its Singapore operations from its head office in Kuala Lumpur. This gives the company an opportunity to expand its range of products and services. Apart from its flagship properties, UOL now has over 40 development sites across the island. In addition, the developer plans to further increase its presence in Malaysia with the opening of its first Middle-East store.
The real estate industry in Singapore is one of the fastest growing in the world. As a result, there is a significant competition in the market. In order to attract investors, most real estate developers aim at attracting the maximum number of tourists. One way to do this is to construct as many properties as they can around the central business district (CBD) area. The UOL Group Singapore real estate group believes that there will be a high demand for properties in the future and thus they will continue to expand their range of properties in the hopes of gaining a wider clientele.
First impressions are everything when it comes to selling your home. From the photos available in the estate agent to the impression it creates when your prospective buyers first arrive, so called ‘curb appeal’ is essential, and you have to maximise it. Here’s how:
Gardens filled with rubbish, recycling and children’s toys aren’t appealing for prospective buyers, even if they are practical for the owner. Unless you’re a ‘green fingered’ owner who has a penchant for gardening then it is likely that you’ve largely neglected your garden over the years other than giving the grass a quick trim. Unfortunately, prospective new owners will be looking over your home with a highly critical eye, and it is likely that they will spot this, and they will wonder if there are any hidden dangers.
Start boosting your ‘curb appeal’ by looking over your garden for any stray litter. From here, tidy away the toys out of sight, and then conduct a perimeter check. Are the windows clean, what about the sills and the decks? If the answer is no, then it is time to get the scrubber and power washer out so your garden is spick and span, creating a great first impression.
For repairs, check your decking, paving and patio. Brush over wood with new stain to make it fresh and appealing. If your home is on the market, all of these will need to be in good repair. If you’re naturally ‘green fingered’ and your garden is already in good repair, then it may be that you decide to take this to the next level by landscaping.
Of course, you don’t want to invest too much money in your garden if you’re planning on immediately selling, but you should still pour time and attention into it. By doing so, you’ll make your home appear warm and inviting and, crucially, before the prospective buyer even walks inside, they’ll be aware that the entire home is well maintained. So, pull up any unsightly weeds, trim and untidy hedges and rid the garden of all forms of moss. Finish by giving the lawn a good cut. If you want to add extra little touches, then this is advisable too and there are some great ideas here. Cheap, blooming flowers can easily add to a home’s warmth, making it appear inviting, warm and, by proxy, more likely to sell.
If you take these extra steps and boost your ‘curb appeal’ then your house is far more likely to sell. However, if you’re still having trouble on the high street then try some alternate options. Online estate agents like House Network can open your property up to a new market (and save you on fees). Of course, there’s still a good chance your house will sell on the high street but you should always consider all options for a quick sale.
Although it may be more fun to spend our home budgets on some new throw cushions or curtains; we should consider spending it on these more important, albeit less glamorous, things first. They will not only save us money in the long run but will also help us to reduce our carbon footprint. When you consider factors such as environmental decline and the controversy surrounding a stagnating national wage that fails to increase in line with inflation, there is a pressing need to spend in a thoughtful and impactful manner. With this in mind, let’s take a look at some examples of challenging and unglamorous home maintenance tasks that can deliver significant returns. These include:
Keeping your gutters clear is an important part of your homes maintenance as these fittings are essential to your buildings structural integrity. They ensure that the water that flows off your roof is carried away rather than spilling on to the walls and pooling on your drive and lawn. If your drains become blocked and are prevented from being able to carry out this job the water could result in thousands and thousands of pounds worth of preventable damage. As Gutter Clear explains, this includes both internal and external damage such as damp and ruined masonry. Further, functioning gutters allows you to utilise this potentially destructive waste and turn it into something positive. By installing a water butt the rain water that you collect can then be used to water your vegetable patch or plants thereby reducing your water bill and making your garden greener.
Insulating your home will also reduce both your energy bills and your C02 emissions. The two main ways of insulating property is to either insulate the loft or external walls. This can be by, as suggested by the Energy Saving Trust, as much as an impressive £460.00 per annum in heating and 1,900 kilograms in C02. Insulating external walls will not only reduce draughts by filling in any gaps or cracks in your walls but will also make it more sound proof and increase the life of your walls by protecting the brickwork.
Furthermore, insulation is no longer just available for more modern properties. If you own a property that is unsuitable for cavity wall, external wall or loft insulation such as a period property or one with decorative architectural features there is now another option. Companies such as the Mark Group are able to carry out internal wall insulation instead. This works just as well as the other forms of insulation but without any chance of it damaging your property, so it minimizes risk and the potential for having to pay out on future repairs.
The Midtown Modern was developed Intrepid Investments Pte. Ltd., GLL D Pte. Ltd., and Guocoland- Hong Realty Limited. It has a tenure of about 99 Years Leasehold Development, thus making it the best place where you can make your long term investment. The site area gives a total of 124,071 square feet, while the gross floor area is about 521,106 square feet. That shows you how big the development is and the number of amenities it can hold at a time. That is why it has bout 580 units in the place.
GuocoLand is a major East Asian real estate company working in Vietnam, Singapore, China, and Malaysia. GuocoLand is associated with speculation and property development, as well as property management and innkeeping with their latest development in Midtown Modern. The company and its auxiliaries have focused on maintaining, updating, and expanding its strength in its core markets. These efforts have been deeply compelling. GLL’s property holdings have immediately spread across East Asia, spanning business, retail, hospitality, and private land.
Midtown Modern Condo by Guocoland Real Estate Company Singapore
GLL’s eye-catching projects are changed and creative for Midtown Modern Guocoland. It completed the 290-meter-high Guoco Tower. This is Singapore’s tallest building and company headquarters, which was done back in 2016. This incredible integrated combined-use structure contains premium office space, the 5-star Sofitel Singapore City Center business inn, the quirky Wallich Residence apartments, space for food and drinks vendors, and a well-kept green park. While this is generally surprising, it is a far cry from the primary design achievement for which GuocoLand has been responsible. Across the City Express, the company has also expertly delivered around 11,000 new residences, including houses and skyscrapers. Outside of Singapore, the GuocoLand group has created integrated development and individual municipalities in Malaysia. Also, the company owns properties in major Chinese urban areas, such as Shanghai, Beijing, and Nanjing and Singapore such as Midtown Modern.
Throughout the world, GuocoLand has been perceived for its original and unique design thoughts and devotion to excellence. It is even known as a meeting concerned with ecological maintainability. GLL has obtained some regional highland regional grants and a pre-affirmation for its excellent. Each of them shows him that the well-being of the building in which he lives is verified.
Places Close to Midtown Modern Condo Such as National Museum
You can find Midtown Modern near famous places in Singapore. For example, the National Museum of Singapore is one of the most historical buildings in Singapore and dates back to the route in the 1960s, which is the first piece of Singapore’s freedom. The National Museum of Singapore is located near Midtown Modern and is the center of attention in a significant number of Singapore’s pro-freedom exhibits, and is, therefore, a fantastic place to progressively visit and learn about Singapore’s history. The historical center houses a wealth of the essential antiquities that have a home with Singapore’s history.
Midtown Modern Located Near to Bugis MRT Station Tan Quee Lan Street
Midtown Modern sites close to the best MRT Station. The station is found on Tan Quee Lan Street, which you can access with ease. The good thing about Midtown Modern is that it is organized in a development domain near Bugis, and numerous transport and interchange designs are ready to go in this project. Midtown Modern is very close to Orchard Road too. That is why those who live in Midtown Modern have the alternative of using Victoria Street, which is the short rout out. Similarly, the Bugis Hotel is close to other well-known areas of Singapore, such as Somerset, Dhoby Ghaut, Raffles Place, and Marina. Please see the latest floor plans for your consideration.
In case you have a plan to buy a property soon at core city centre Midtown Modern, there are a lot of things to investigate. For a superior understanding of the entire home, it is smarter to view the property after completion rather than before. Numerous property buyers are becoming increasingly concerned with the number of bedrooms and bathrooms that are effectively obtained from the house plan. However, if you are more and more informed, you can understand many things from a basic agreement. That’s why, when you take a look at the Midtown Modern floor and site plans, you’ll know what you plan to buy. Plus, legitimate ventilation and signature light clusters are the essential things for many property buyers. There are two crucial types of windows, casement windows, and sliding windows. In an arrangement, sliding windows appear with a small empty line, and casement windows are drawn as entrances and come in pairs. That is the motivation behind why Midtown Modern has each of these types of windows.
Guocoland Condo Located Near to Singapore Exchange Securities in Core City Centre
“Recorded on the Singapore Exchange Securities Trading Limited since 1978, GuocoLand Limited (“”GuocoLand””) is a head provincial property organization with tasks in the land markets of Singapore, China, Malaysia and Vietnam. In 2017, GuocoLand denoted its extension past Asia into the new markets of the United Kingdom and Australia through a key association with Eco World Development Group Berhad in Eco World International Berhad.
Headquartered in Singapore, the chief business exercises of GuocoLand and its backups (“”the Group””) are property improvement such as Midtown Modern, property speculation, lodging activities and property the executives, and it is centered around accomplishing versatility, maintainability and development in its center markets. The Group’s portfolio includes private, neighborliness, business, retail and coordinated advancements spreading over the area near to Midtown Modern. As at 30 June 2019, the Group’s absolute resources added up to roughly $10.0 billion.
Guocoland Established Real Estate Developer in Singapore
In Singapore, the Group has effectively evolved 36 private activities yielding roughly 11,000 lofts and homes. GuocoLand’s lead coordinated blended use improvement Guoco Tower, incorporates premium Grade A workplaces, a powerful way of life and F&B retail space, lavish lofts at Wallich Residence, the 5-star business inn Sofitel Singapore City Center and an arranged urban park near to Midtown Modern location. It has additionally built up a sizeable arrangement of properties crossing over the significant urban areas of Beijing, Shanghai, Nanjing and Tianjin. The Group’s 68% claimed backup, GuocoLand (Malaysia) Berhad (which is recorded on Bursa Malaysia), is a built up property engineer of network driven private townships and imaginative business and incorporated advancement extends in Malaysia.
GuocoLand has been regarded with various honors and awards both locally and globally, in acknowledgment of its arrangement of value, creative improvements and responsibility to business greatness for Midtown Modern. These incorporate ecological supportability grants, for example, the Building and Construction Authority (BCA) Green Mark Awards and Leadership in Energy and Environmental Design (LEED) Pre-Certification, just as land grants regarding the best property organizations, for example, the International Property Awards, FIABCI Property Awards, BCI Asia Awards and South East Asia Property Awards for latest project at Midtown Modern.
Hong Leong Group, (“”HLG””), established in 1963, is perhaps the biggest combination in South East Asia. Its activities length the globe with center organizations in a differing scope of businesses – banking and monetary administrations, assembling and dissemination, property improvement and ventures, cordiality and relaxation, and head speculation. With respectable recorded organizations on significant stock trades far and wide and with more than 45,000 workforce, HLG’s range has gone past the shores of its command post into worldwide extents for Midtown Modern.
Guocoland Established Developer in Residential Projects
Guoco Group Limited (“”GGL””) is an organization recorded on the Main Board of The Stock Exchange of Hong Kong Limited and is an individual from the Hong Leong Group. GGL is a speculation holding organization with activities and ventures covering Asia and Europe such as Midtown Modern development. GGL (counting its auxiliaries and related organizations) is basically engaged with head speculation exercises at Midtown Modern, property advancement and venture, neighborliness and recreation tasks and budgetary administrations. GGL, headquartered in Hong Kong, basically works in Hong Kong, China, Singapore, Malaysia and the United Kingdom. GGL has a workforce of more than 25,000 around the world.
GuocoLand Limited is a piece of Guoco Group Limited, possessed by the Hong Leong Group with the latest project Midtown Modern. It is an open organization recorded on the Singapore Exchange, and an honor winning designer whose advancements are recognized by quality, inventive structures and ideas. A significant engineer headquartered in Singapore, GuocoLand and its backups have built up property activities in their land markets of Singapore, China, Malaysia and Vietnam. In 2017, GuocoLand denoted its extension past Asia into the new markets of the United Kingdom and Australia through a key organization with Eco World Development Group Berhad in Eco World International Berhad.
Bugis avenue marketplace near to Midtown Modern location is one among the largest, most inexpensive, and probably freshest locations to return shopping in the complete of Singapore. half a century in the past, this now famous buying district turned into higher regarded for being a centre of seedy nightlife at Midtown Modern.
Bugis Cosmopolitan Spot to Hangout for Teenagers
Bugis has long shaken off its ‘naughty’ aspect and turn out to be a lively hub of buying, nice dining, and today’s cafés and bars which stay open lengthy into the night time at Midtown Modern. Bugis street marketplace lies on the epicentre of it all near Midtown Modern – you could easily discover it right subsequent to the shops close to Bugis MRT Station. Popular with each locals and tourists, Bugis street marketplace is for being one of the cheapest places in Singapore for sourcing your souvenirs, add-ons, clothes, electronics, houseware, and cosmetics near to Midtown Modern. many of the little trinkets here together with keychains, postcards, and stationary are available from as little as S$1.
There’s an entire range of garments on offer, too. even though no longer precisely Singapore’s most fashion hotspot, best items for all tastes can be observed at the market if you appearance difficult sufficient. a pair of denims can set you back just S$15, shirts and T-shirts from S$10, shades and hats from S$5, and shoes from S$20. Currently revamped, the sprawling market is now all included, permitting buyers to revel in the deals – come rain or shine. Over 800 stores at Midtown Modern Guocoland of all sizes and styles additionally make this the most important marketplace in Singapore. most of the stalls open early (round 11am), and live open till the crowds leave, which usually is round 10pm or 11pm on the weekends.
as with any famous retail spot in Singapore, Bugis street at Midtown Modern marketplace has plenty of eating alternatives to keep hungry customers glad. appearance out for the great clean juice bar toward the centre (banana, coconut, pineapple, or melon from S$2) and there are some other stalls selling fried snacks, satays in addition to the peculiar noodle stall. if you’re looking for something more big, head to Albert Centre market and food centre at the again – a large separate hawker centre that serves complete food from round S$three.50.
Bugis street market at Midtown Modern is just a brief stroll from Bugis MRT Station. look for the purple-roofed front or just comply with the crowds in case you’re no longer positive. For while the market gets too hot, there may be also the cooler (but more pricey) Bugis+ mall round the corner in addition to Bugis Junction opposite.
Home Equity is the positive difference between what you owe on your home and the current market value of the home. Understanding home equity can be one of the most useful tools for a homeowner. One of the first things you need to know is that there is a right way and a wrong way of leveraging your home equity, this article is here to help you understand the best and worst ways to leverage home equity.
There are multiple ways to tap into the home equity that you have saved. One is to get a home equity loan, this is very similar to your standard home mortgage. It is also referred to as a second mortgage. Home equity loans are what is called instalment loans, this means that you get the full amount in one lump sum payment rather than having smaller payments that are made over a period of time. The second option for tapping into your home equity is called a cash-out refinance, this is done by refinancing your current mortgage and taking the difference between the previous mortgage payment and the new payment in cash.
If you have home equity saved up you should also know the best ways to put your home equity to use. Below are a few ideas and tips for using your home equity.
High value improvements for your home. The improvements that you do to your home will increase the value of your home and will help you build up more equity. However, some “home improvements” can also lower the value of your home. So before you start on any improvements make sure that what you are doing will help you in the long run.
High interest debt consolidation. Many times if you have one type of debt then most likely you have other debt as well, your home equity can be used to consolidate multiple debts into one. However, you need to make sure you understand why you have debt before consolidating it so that after you consolidate you don’t do the same thing and get more debt. If you don’t do this you could risk ending up in the exact same spot all over again.
Emergency fund. It is considered ideal to have 6 months of savings stashed away for an emergency fund, this should include any monthly payments such as, cell phone, electric, water, ect. As well as some extra money for medical expenses should they pop up. Your home equity can be a good alternative to credit cards because the interest would be lower than a credit cards interest.
Real estate investing. For those that understand the real estate business or those that are experience in real estate investing this can be a very good use for home equity. You can use your current homes equity to purchase another piece of property. One thing to keep in mind is that real estate can be a tricky business and buying a property to invest in does not come without risk, you could end up buying a property and if the market changes you can lose money rather than making money. Always look at the real estate market and the trends of ups and downs before investing in any property.
Now that we have talked about a few good ways to put your home equity to use, let’s go over a few ways that you should not use your home equity.
Buying a car. This in general is not a great idea. Most people would assume it is a good idea because it a low payment on the vehicle. However, the interest rates for car loans are much higher and the typical home equity payout is quite long and you risk gathering more debt.
Investing in the stock market. Using home equity to invest in the stock market is a very risky move. The stock market changes day to day and can crash causing you to lose all of your money and since you are using home equity you would also run the risk of losing your money and your home.
Cover day to day expenses. Using your homes equity to pay for day to day expenses is in large more of a waste of your homes equity. When you use your home equity you want to use it to make your life or financial situation better. When you use it for your daily expenses it is most likely not being used on something to increase your money or increase the value of what you currently own.
The location on Kampong Java Road was sold, on tender on January 15, 2019. The site covers 125,326 sq ft of land in subzone on Kallang, Singapore. There was a high expectation on Kampong Java Road purchases, but this time, hope was cut off. The site was sold for much less. Tricia Song, Director and the Head of Research at Colliers International Singapore, said: “The top bid was below our expectations, a testament to the cautious mood of the developers.” The latest development is Kopar at Newton which is by CEL Development and located near to the city.
Kopar at Newton New Development by Chip Eng Seng
We had seven bids on tender, and the highest bid was from CELH Development Pte. Ltd, a construction and property developer from Singapore ( Chip Eng Seng Corporation ). This company offered $1,192 per square feet, so the site coast $418.8 million. The second-highest bid was from GLL D Pte. Ltd. Their offer included $1,189.97 per square feet, which means that they were willing to buy this site for $417.24 million.
Other bidders were:
• MCC Land ( Singapore ) Pte Ltd and Greatview Investment Pte Ltd
• Sing Champion Pte. Ltd
• Coli ( Singapore ) Pte. Ltd and CSC Land Group ( Singapore ) Pte. Ltd
• Intrepid Investments Pte. Ltd and Garden Estates Pte. Ltd
• Grand Cullinan Pte. Ltd
CEL Development Kampong Java Road
Grand Cullinan Pte. Ltd had the lowest offer. This company offered $321,823,399 for this land parcel. Kampong Java Road site can now become an excellent place for a condo building, whit 350,914 sq ft floor area. There will be room for approx 436 units. Kampong Java Road was the first private residential land from the Confirmetn list of the government land sale, that was offered on the tender. Kopar at Newton is near to Newton Hawker Centre as well as near to the city.
Location of the site is between Keng Lee Road, Makeway Avenue and Bukit Timah Road in Singapore. Lovely area, mainly because the Novena medical cluster is very near. Kampong Java Road is also an excellent location for those who work on Orchard Road and Central Business District. New units in this area will be very significant for investors and homebuyers, primarily if they work in one of the companies nearby.
Properties Nearby Newton Road
In March 2018 freehold property Makeway View was sold for $1,626 per square feet, and this property is practically next to the Kampong Java Road. So, the low price of purchase is quite a surprise, considering that Makeway View was sold for a much higher price. Not to mention that Allgreen Properties bought Fourth Avenue GLS site for $ 1,540 per square feet or Jiak Kim Street which was acquired by Frasers Property in December 2017 for $1,733 per square feet.
Singapore is well known for its futuristic architectural sites and the fast real-estate growth. Riviere is a new development in Singapore and could be found exactly in the very lively center of the city. For those who know the former Zouk Site, this is the very location in which Riviere is being developed and it is located in the side of the Singapore river and also parallel to Frasers Property.
Riviere Jiak Kim Street Singapore
For those who desire to be right in the heart of Singapore river, Riviere Jiak Kim Street is the best place to be, with 455 residential units and a tenure of 99 years. The developer of Riviere is Frasers Property, which are famous for their top-quality constructions. The correct address of Riviere is Jiak Kim street and you will find yourself very near to Great World City MRT station and most of the shopping centers that are located in the sides of the river since, there are many and many amenities located there.
Riviere Facilities Located in the Development
Riviere Jiak Kim Street will be a very unique building with many functions inside, form the indoor gyms, to tennis fields, swimming pool, BBQ areas and playgrounds for kids. If you are looking for a family place to live, Riviere offers full family entertainment needs and also a quiet lifestyle with a great site. Very soon Riviere will be the signature of Jiak Kim street and will attract many buyers who are looking for a better place to live.
Riviere Great World City MRT Station
If your ways of transportation are with train the Great World City MRT Station is very near and could be reached by foot in a few minutes, if buses are what you use for public transportation then Riviere offers the access to three different road where bus stations are located, Kim Seng Road, River Valley Road and Zion Road. Probably many of you who are considering to move to Riviere, are wandering about your kids’ education and what school to attend. Riviere is very near to Gan Eng Seng School, River Valley Primary School an also LASALLE College of Arts. You will not have to wander anymore, Riviere is the best place to live and grow your kids.
Frasers Property is a real estate construction and developer. As a multinational company, owns and manages a wide range of real estates in different countries and continents, like Europe, Singapore, China and Australia. You don’t have to worry no more for your dream house, Riviere has It all included. The best site when you wake up, best schools for kids, best family time environments and is accessible in every way, also if you love shopping you will love to live near many shopping centers.
OKP Holdings has continually distinguished itself as infrastructure and civil engineering giants throughout the Singapore area. They have devoted themselves to constructing airport runways, making taxiways, constructing urban roads, and having the utmost precision in oil and gas-related infrastructure. They also have had several opportunities to expand on their property development, as they are always on the lookout to find new properties to purchase. Their latest acquisition is one major example.
OKP Holdings Phoenix Heights Enbloc
OKP Holdings is proud to announce its latest purchase of Phoenix Heights, which is a residential complex located in the Bukit Panjang neighborhood. This 32-unit complex is currently zoned for residential use, and it has a specific area of 3,791.9 square meters or 42,750 square feet. The total floor area is 5,560 square meters, along with five stories and a 1.4 plot ratio. They acquired this property in August 2018 and they are currently in the process of remodeling the entire area.
OKP Holdings USB Holdings
Purchasing these units was a particularly challenging process. The OKP associate who wanted to purchase this unit was USB Holdings, and they already held a 25-percent stake in the property before making their bid. Naturally, it would make sense for them to become the majority owner, but coming up with the funding was a bit of a challenge. Ultimately, the purchase price was going to be S$33.1 million, and USB was eventually able to provide that amount. They reached that price after a strong consideration of the “prevailing market conditions” and the “prices of properties in the surrounding area.”
They first constructed Phoenix Heights in 1969 and the property still has 50 years remaining on their lease. USB is currently in the process of applying for a fresh 99-year lease along with its current remodeling work on the property.
OKP Holdings Phoenix Heights Downpayment
The group plans on funding their share of the purchase with some of their internal assets and some credit applications with commercial banks. At the time, they also believed that the application would not affect the share earning or the tangible assets before December 31st.
It is also important to note that besides OKP, Hwa Seng Group HSB, Ho Lee Group, and Chye Joo Construction B&D Investment and Property each have a 25% stake in USB. When the deal was completed, they instigated a tender deposit of $180,000 and then they paid 10 percent place 14 days after the deal was reached. When the news of this purchase was reported, the stock of OKP went up by half a Singaporean cent to S$0.225.