rollandkelly43-blog

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Digest of One Meyer Review in 2019

This is the excerpt based on the latest review of One Meyer condominium by newlaunchguru.sg.

The much desired new launch of quarter 1 2019 has finally arrived! That is One Meyer, a super rare freehold luxury condo project located right in the center of District 15 East Coast, one of the most prestigious and upmarket districts in Singapore. In addition, this new launch is also one of the few condos in the area where residents can enjoy vantage sea view without the traffic noise coming from ECP, because of the Katong Park standing in the front. As per JLL, the marketing agent involved in the purchase of One Meyer, this was the first attempt the residential property was offered for bid. This attractive land obtained bids from more than 12 property developers ranging from small to big companies. Many reasons could have led to that situation. First, One Meyer is well located adjacent to the future Katong Park Station set to be operational in year 2023 which is part of the Thomson East Coast line. Furthermore, the site has a seafront and terrific clear view of the Katong Park, just 5-stop away from CBD. This enables the future residents of One Meyer who are cycling enthusiasts to get to the CBD via the cycling track of the beach. Sustained Land Ltd successfully won the bid with the price of S$69.1 million. (Under|According to|Based on} URA Master Plan, One Meyer site occupies 23,400 square feet with an allowable GPR of 2.1, and its land rate is estimated to be close to S$1,409 considering the development charges as well. Sustained Land is going to to develop the 10-storey high One Meyer into an 18-24 storey high that will house up to 65 units of average size of 754 square feet. The gross profit ratio will go up to 2.1 from the current 2.09 if URA approves it.

One Meyer situates at the crossroad of Meyer Place and Meyer Road in Katong, an area exclusive to private condominiums. You can get to One Meyer via a variety of transport options, both public and private. Long travelling time by bus to other parts of Singapore will be shortened with the operation of Thomson-East Coast Line in 2023. One Meyer will be served by Katong Park MRT, right at the doorstep. Driving to local places of interest in Singapore is also quick with Singapore Sports Hub less than 7 minutes and CBD/Changi Airport below 15 minutes via ECP. While 23,400 sq ft is not considered as a big condo project, One Meyer provides exclusivity and privacy. This one block building featuring a glass-facade look will definitely be the stunning jewel in Mayer Road. For the price of 2-bedrooms, One Meyer is considered a good deal if it is launched about S$2300-S$2400 based on competitive market analysis. A 99-year leasehold condominium Seaside Residences which is transacted at average of S$1900psf, is situated in Bayshore, right at the opposite end of East Coast.

Talking about cons - being a small condo project translates One Meyer may not provide so many varieties of facilities which other bigger projects own, e.g., The Belvedere and The Waterside nearby.

Check out One Meyer news at The Business Times

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Amber Park Condominium - One of the largest en bloc sale

City Developments (CDL) and Hong realty (a subsidiary of the Hong Leong Group) bought ownership of Amber Park in one of Singapore’s leading en bloc sale. Although the en bloc sale drawed attention of big players in the field, CDL won the bid with Amber Park Price hitting about S$907 million in single of the biggest JV in Singapore. The sale price of Amber Park Condo CDL means a land ratio of approximately about S$1,500 per square feet per plot ratio based on the the allowable GPR of 2.8 without development fees on the redevelopment. Hong realty and Cityzens Development list the 200-unit involved with Hong real estate owning a 20% stake of the project. According to the 2014 master plan, Amber Park condo site measuring about 213,670 sq ft is a place for residential developments. Every of the individual master of the apartment is set to get gross purchases proceeds averaging between S$4.3 million and S$8.3 million. As the original developer of the previous 200-unit Amber Park condo constructed in 1986, CDL claim that they understand the best what is suitable for the place. The company intentions to revitalize the site to house luxury condos comprising up to four 25-storey buildings accommodating about 800 units plus a car park in the basement, a concept pending review and agreement. According to CDL, most of the units at Amber Park condo will be designed with a North-South facing orientation which allows the future residents of Amber Park to enjoy the awesome seaview. This future iconic landmark is posed to be an ideal investment deal in Singapore’s residential Market. The unparalleled development site is going to benefit both investors and CDL considering that 999 years properties in Singapore are becoming rare. Upon fulfilled, the Amber Park condo will offer a perfect area for families whom work in the area to pocess an awesome living experience.

Amber Park is well situated in an established zone which makes it a highly sought after place. With many ongoing projects in the place, Amber Park Condo has potential which will offer many benefits to the residents. Additionally, the strategic location enables Amber Park condo to enjoy the excellent connection to other parts of Singapore as well as access to various amenities. This place is widely referred to for its rich cultural heritage and delicious foods, and is minutes away to malls like Parkway Parade and I12 Katong, as well as high-regarded schools like Tao Nan and Ngee Ann Primary, Tanjong Katong Primary, and CHIJ (Katong). Amber Road, as well as the surrounding private residential place, has long had a loyal following, from both locals and expats because of its location: minutes walk to the sea and to East Coast beach, and within 15 minutes drive from the Raffles CBD, Marina Bay, and Changi International Airport. Besides strong locational characteristics, a distinct edge of the site is its freehold status, one thing which is becoming increasingly scarce in Singapore, said Mr Sherman Kwek, CEO-designate of CDL. With all these reasons including the clear sea views, and its proximity (290 metres, no more than 4 minutes walk) to the upcoming Tanjong Katong MRT station by year 2023, healthful demand is anticipated for this project.

City Development Ltd is a major real estate developer conducting business in several locations around the globe. The Singapore listed company has built its presence in 100 locations covering 28 countries as well as territories. It is also one of the largest companies in terms of market capitalization with a stable income and a varied portfolio which entails serviced apartments, hotels, offices, shopping malls and integrated developments. The developer has been in the real estate field over 50 years offering services in real estate management, investment, and development. So far CDL has constructed more than 40, 000 homes and it owns a lum sum of 18 million square feet lettable floor area world wide. Its key localities of operations include Singapore, Australia, Japan, UK, and China. CDL’s London based and listed subsidiary, Millenium & Copthorne Hotels plc is a leading hotel chain across the world. It has greater than 135 hotels world wide located in key gateway cities. With 50-year proven track records, the group has built more than 40,000 homes globally and won lots of prestigious awards, for instance, Quality Excellence Awards, Building and Construction Authority Awards, Workplace safety and Health Awards, etc. For over 20 years, the developer has been pursuing green innovations to construct bold and inspiring green buildings for a better tomorrow. With CDL’s proven capabilities, future home masters of Amber Park could anticipate a luxury freehold condo to live in upon completion.

Continue to read: Amber Park Contact.

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Get Knowledgeable On Next Genuine Estate - Introduce Haus on Handy condo & Sumang Walk EC

Interest rates can for sure promptly swing the variety of purchases that are fulfilled during any period of the year. When judging Haus on Handy by CDL, increasing interest rate will reduce the purchases, but rate reduction will for sure benefit the sales of house. This is an essential reality in the real estate business as this may definitely lead to movements in revenue from the sales that could be attained. Taking this into consideration, the time to buy a property that shows up spare might be when the real estate mood is low. A hot real estate market will make a house worth a lot more, as his earnings will be higher during this time. One such example is Sumang Walk EC. Of course if you adopt this process, you will have to suffer the slow down in the market. An additional look on the purchase or start-up a realty business is the places licensing needs. Most of states impose harsh guidelines for property representatives and brokers. These  states mandated procedures to an occupation in the real estate agency would have to be met before a company should be acquired. This is not a company that could be tipped into by simply paying out dollars. A person may decide having their own firm, pouring considerable efforts into it. When a prospective proprietor has these actions out of the means, discovering an existing business to buy will very likely be in order. A quick research of property company genres exposes that they are commonly discovered in larger cities and also the asking rate is considerable. There exists resales of franchise businesses. Simply typing into an online search engine, "Real Estate organisations offer for sale", developed this quick check. Buyers can also chat to company brokers as well as actual estate brokers in his area. An in place real estate business is useful as the name is already known and will obtain customers due to this. When you start a business from the ground up, you may not have this advantage. An existing company with many areas will certainly be more costly than what you might begin your first business. The other method to acquire ownership would very likely be buying an existing business. That should work if you have a strong connection with the existing person in charge. Potential issue is you will very likely not have the last say in a lot of decisions. A property agency might grow professional in purchasing as well as marketing company residential or commercial property. Actually a broker might decrease out a specific niche that are readily unoccupied in the definite estate business. Some property businesses appoint special team that is in charge of certain kinds of property advertising. For people who want to know more on Dhoby Ghaut, where Haus on Handy sits. Dhoby Ghaut is a area in Singapore that often refers to the Dhoby Ghaut MRT Station, a major interchange station on Singapore's Mass Rapid Transit network. As a area, Dhoby Ghaut lies along the eastern end of Orchard Road and is twinned with its namesake in India. There is a shopping mall above the MRT station called Plaza Singapura. Until the early 1900s, the dhobis used water from a clear stream that flowed into Sungai Bras Basah, now Stamford Canal. This stream now exists as a large drain beside Handy Road. The ghats, or steps leading down to the stream, were demolished when Sungai Bras Basah was canalised. The dhobis would then dry the laundry at Dhoby Green, the open park bounded by Stamford Road, convenient Road, Bras Basah Road and Prinsep Street. Want to find out more? Check out Haus on Handy Gallery Here is an introduction on Punggol. Punggol alternatively known as Ponggol, is a planning area and new town located on the Tanjong Punggol peninsula in the North-East part of Singapore. Punggol directly connects Sengkang to the south and shares riverine borders with the planning area of Seletar to the west and Pasir Ris to the east. Bounding the town to the north and north-east is the Straits of Johor, with Coney Island included as a part of the Punggol planning area. Interested? Check out Sumang Walk EC brochure

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Treasure at Tampines Price: Available amenities at treasure Tampines

Treasure at Tampines Price is a property developed by the Sim Lian Group, which is a property development and construction company based in Singapore. The Treasure at Tampines Price has an area of 702,164-sq-ft space and houses 560 units. The Treasure at Tampines Price is in the vicinity of Tampines which is also among the largest town of Singapore. Treasure at Tampines Price provides not only residential but also considers the holistic development of schools and other learning institutions. Many schools surround Treasure at Tampines Price for providing proper schooling for the growing children. An important fact why many parents prefer a house in the treasure at tampines psf is because of the availability of institutions which includes both vocational and curriculum. Some of the renowned schools include Poi Ching Primary School, St. Hilda's Secondary School, Tampines Junior College, Singapore University of Technology and Design, etc. Apart from the educational institutions, Treasure at Tampines Price also boasts of shopping centers in strategic locations which are easily accessible and also provides an excellent venue for investing. Big malls at the Treasure at Tampines Price are Tampines Mall which is the oldest mall in Tampines featuring fast navigation, parking spaces having two different entry and exit points and other beautiful features worth trying. Another mall in the Treasure at Tampines Price is the Century Square having six storey building offering you with convenient things. From athletic to fashion there is nothing which you won’t find in Century Square. Tampines 1 is the latest mall you’ll find in the Treasure at Tampines Price has some of the most amazing amenities for the residents of Treasure at Tampines Price. By opting for residing in Treasure at Tampines Price, you get to access many shopping malls for buying whatever you feel like buying. Another tempting reason is the location of Treasure at Tampines Price is such that you won't have to spend less time moving to and fro. After shopping if you feel hungry, there are restaurants offering varieties of dishes.