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#midtown condo new capital
midtownnewcapital · 22 days
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اعمال الانشاءات في ميدتاون العاصمة الادارية | كايرو بيزنس بلازا العاصمة
تطور الانشاءات في مشروعات ميدتاون العاصمة الادارية وكايرو بيزنس بلازا العاصمة الادارية امتلك وحدتك في كمبوند ميدتاون في العاصمة الإدارية الجديدة بعروض مميزة جدا ولفترة محدودة تصميمات معمارية مميزة تتخللها مساحات خضراء بتناسق وتوزيع أنيق هو اول كمباوند في العاصمة الإدارية الجديدة بقلب العاصمة الإدارية بجوار EXPO CITY مباشرةً وبجوار أكبر مسجد وكنيسة فى العاصمة الإدارية الجديدة وقريب من فندق الماسة والمدينة الطبية ومنطقة الوزارات اطلالات مميزة على مساحات خضراء واسعة ولاند سكيب ومسطحات مائية مول تجارى كبير على واجهة المشروع يضم اشهر واهم البراندات لمزيد من التفاصيل يمكن الاتصال على 01068340264 01272495605 01153314683 او سجل هنا لمزيد من التفاصيل https://goo.gl/RCeqvi
http://midtown-newcapital.blogspot.com https://www.facebook.com/1Midtown.newcapital http://www.egynewcapital.com/2018/08/midtown-solo.html
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conceptproperties · 2 years
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mysgprop-cstee · 6 months
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Midtown Modern @Bugis
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Midtown Modern @Bugis 名汇庭苑
Est. TOP Mid 2024 Official Price: 1BR (409 sf) From $1,611,000 Last 3 4BR-Premium (1808 sf) From $6,327,000 Last 7 ✅Direct to Bugis Interchange MRT • Direct to East-West and Downtown Line • World Class Amenities in 5-10 minutes walk ✅Own a piece of Guoco Midtown • GuocoLand’s Flagship Long-term Investment • Ride on the transformation into Singapore’s New Midtown ✅Garden Homes in the CBD • More than 1 Ha of exclusive gardens with almost 200 species of plants • Full condo facilities, concierge and networking amenities Rare mixed development in Downtown Core Very accessible to numerous Stations Easily connected to Major Expressways such as MCE, ECP and CTE Lush Greenery Landscaping Numerous Shopping malls and eateries at doorstep Part of Bugis Transformation Potential for capital appreciation Rich in heritage and culture Checkout the pricing NOW! https://www.youtube.com/watch?v=TampCjwIwM0 A Distinctive Address Everyone Desire
Quick Links
Fact Sheet Unique Features V360 View  What's Nearby Midtown Modern? Design Concepts Unit Mixes: Showflat Virtual Tour & Floor Plan StarBuy Download Brochure FAQs
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Midtown Modern is a new development located at Tan Quee Lan Street right next to Bugis MRT Station. The development is located at Bugis District 07 and part of  the core city centre region. The area is buzzling with activities and Tan Quee Lan Street presents the unique opportunity of a quiet corner of Bugis where residents of Midtown Modern can get after a hard day’s work. It is the perfect place to stay with your family with all the amenities nearby as well as the facilities offered in the development. Everything is at your door step so there is no need to travel far. Featuring approximately 558 residential units across a site area of 124,071 square feet, the Midtown Modern condo is just a short walk to the lively Bugis Town, as well as being a 1-minute walk to the Bugis MRT Station. Being in a core city development also means that Midtown Modern is located near to schools as well. Midtown Modern is located near to Stamford Primary Schools as well as Singapore Management University making it a perfect place for family who are looking for good schools around the Bugis area. Located in a traditional area where good schools are aplenty, many signature food choices as well as gourmet dining restaurants are located in the heart of Bugis and one is no short of dining options available for the residents of Midtown Modern. Getting around to these food options are very easily as it is just a short bus drive or a few minutes drive away. Fact Sheet TypeDescriptionsProject NameMidtown Modern @BugisDeveloper NameJoint venture between GuocoLand, Hong Leong Holdings and Hong RealtyLocation16, 18, 20 Tan Quee Lan Street (District 07)Tenure of Land99yrs leasehold from 10 Dec 2019Expected Date of Completion (T.O.P.)3rd Quarter 2025Site area11,530.8 m2 (approx. 124,116.49 sq ft)Total No. of Units558 units in 30 storeys in mixed development with commercial retail shops on 1st level and residential component on upper level Bedroom Type: 1-4 Bedroom & 2 Penthouses Car Park Lots282 Carpark Lots - consisting of 279 car park lots + 3 handicap car park lots  Midtown Modern will be developed by a JV of renowned Asian development firms, all working together to deliver the world class quality that they are known for.
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  Guocoland Since being listed in Singapore in 1978, GuocoLand Limited has quickly risen to become one of the leaders in property development across Asia. With top class operations throughout Singapore, China, Vietnam and Malaysia, the group has delivered the highest standard of property development, management, sales, investing, hotel operations and more for over 40 years. With its headquarters located in Singapore, the group is looking forward to completing yet another impeccable residential development project with The Avenir. With 35 residential projects to its name in Singapore alone, GuocoLand has seen over 10,000 apartments and homes be sold to satisfied customers that love their blend of practical and luxurious design. Some of GuocoLand’s flagship projects include the Guoco Tower, the high-class Wallich Residence luxury apartments, Leedon Residence, Sims Urban Oasis and much, much more. Intrepid Investments & Hong Realty Wholly-owned subsidiary of Hong Leong Holdings Limited, Intrepid Investments and Hong Realty represent one of Singapore’s largest development conglomerates. With a diversified portfolio that includes numerous properties from the Central Core Region and the Outside Core Central Region, Hong Leong Holdings has developed over 100 residential properties since its inception in 1968. With a reach expanding throughout Asia and into Europe and North America, the company has grown to be valued at over $40 billion. Their previous successful residential buildings include the renowned One Balmoral, Commonwealth Towers, Meyerise and more. One major element of Hong Leong Holdings’ success is that they go far beyond simply developing residential projects. Unique Features Mixed Development at District 7 Walk distance to Bugis MRT serving on the Downtown Line (DTL) and East-West Line (EWL) 3 mins drive to Shenton Way and 4 mins to Orchard Shopping Belts Plenty of options shopping as Suntec City, Marina Square, Raffles City, Bugis Junction and many more About Education, Midtown Modern is close to Nanyang Academy of Fine Arts, where your child's artistic potential grows. Besides, there are many famous schools around Midtown Modern area such as Rosemary Hall Montessori, PCF Kampong Glam Blk 2, Stamford Elementary School and Singapore Management University. Access to Kallang Riverside Park where many attractive outdoor activities About Health, Midtown Modern is close to major hospitals such as Q & M Dental Center, Raffles Hospital and Raffles Hospital (Specialty Center) - to meet you and your family's health care need Luxury Living in an Excellent Location The Midtown Modern development is a rare opportunity to enjoy  peaceful living in the incredible District 7, within the renowned Bugis region of Singapore. With a number of high-profile luxury residences going up in the area recently, including the Duo and South Beach Towers, the area is rapidly seeing a positive transformation for everything from tourism to business. The Midtown Modern finds itself close enough that residents will be able to be just steps away from the rich cultural heritage, amazing dining options, beautiful boutique shops and engaging entertainment, while still being a tranquil atmosphere for families. Perfect for those working in Singapore’s Central Business District, the Midtown Modern condo development includes enhanced connectivity to work, yet allowing residents to stay out of the overly busy city life. The Midtown Modern Development is Connected One of the biggest selling points for the Midtown Modern condo is the amazing access offered to Singapore’s public transit and major parkways. The Midtown Modern will be located right next to the Bugis MRT Station and a number of bus routes that run along Beach Road and Rochor Road, making traveling by public transit seamless for residents. The Midtown Modern also provides direct access to the Nicoll Highway and connects easily to the East Coast Parkway, Central Expressway, Ayer Rajah Expressway and more. This means that the Central Business District can be reached by car in under ten minutes, saving precious commuting time. Shopping Near the Midtown Modern in Singapore As the Bugis area is recognized for its fantastic selection  of entertainment, dining and retail choices, residents will not need to go far in order to take in the best that Singapore has to offer. Living in the midst of such a dynamic region ensures that there is everything from world class shopping centres to boutique-lined avenues to enjoy. With so many options right outside their doors, Midtown Modern residents will always have something to do the moment they step outside. Shopping lovers will rejoice in the fact that Orchard Road and Raffles Place are each just ten-minutes away from The Midtown Modern development. The Shopping Centres Near The Midtown Modern Are: - Bugis Junction - Bugis+ - Bugis Street Market - Sim Lim Square - Raffles City - Orchard Road - Peninsula Shopping Centre Various hawker-style street foods and traditional food markets such as the Tekka Market, Golden Mile Food Center, Albert Center, Hong Lim Market and more provide a diverse range of food, as well. From local favourites to exciting new culinary delights, Bugis is the place to be in Singapore for foodies! The Midtown Modern are Great for Families The Midtown Modern condo development finds itself in close proximity to some of the premier educational institutions in Singapore. From primary to university, parents have a remarkable choice to schooling options, including several expat and international schools. Schools Near the Midtown Modern Condos Are: ●     Farrer Park Primary School ●     Stamford Primary School ●     St. Margaret’s Primary School ●     Anglo-Chinese Junior School ●     JCS Japanese Language School ●     School of the Arts, Singapore ●     Greentree School of Education ●     Queensfield International Business School For families with small children, there are also a number of local daycares within the Bugis area. This means parents have convenient childcare options, saving them time and effort when dropping-off and picking-up their children. The Midtown Modern Are Ideal to Enjoy Culture The Midtown Modern condo development finds itself close to some of Singapore’s top museums, making it the perfect location for anybody that wants to enjoy the rich culture that the country has to offer. The National Museum of Singapore is the most notable museum and is just a 5-minute drive away from the Midtown Modern site. With endless exhibits and special activities for children on the final Saturday of each month, it is both educational and entertaining. SAM, the Singapore Art Museum, is also located in the Bugis neighbourhood. With an ideal mix of traditional and innovative art, it houses Singapore’s art talent in an incredibly vibrant space. The Bras Basah Complex, also known as the Book City of Singapore, is a centre dedicated to reading and design. Residents of the Midtown Modern can head over to some of the best bookstores in Singapore, while children can also enjoy the 5th-storey indoor playground. There are Many Green Spaces Near the Midtown Modern While it is in the heart of a vibrant city area, residents of the Midtown Modern condos won’t need to go far to enjoy tranquil nature and a place to lead an active lifestyle. The Kallang Riverside Park is quite close and features a cycling track, free outdoor fitness equipment and walking areas, so those living in the Midtown Modern can exercise while taking in some scenic views. District 7 also includes plenty more open green spaces, including the War Memorial Park, Esplanade Park and Fort Canning Park. Each park has its own personality and unique offerings, perfect for an after-work walk or a weekend adventure with the family.
Location Map
Midtown Modern is located at Tan Quee Lan Street in Singapore District 7. Be part of Bugis and Beach road transformation as Midtown Modern condo set to be part of this transformation to bring more life into it with commercial and residential components. This address at Tan Quee Lan street is well established as a vibrant location with Bugis Junction, Bugis+, Bugis village and other entertainment just nearby.
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As mentioned in the URA Master Plan 2008, Ophir-Rochor corridor is unique as it comprises of education and entertainment hub, culture and Bras Basah arts. Though there are over mixed developments and projects coming up in Bugis, it still retain the culture and heritage of Bugis Village and Beach road conservation houses. Therefore, living here is rich in culture, vibrant and excitement yet exclusivity once you head back home.
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This address is also part of a strategic transport hub as its well linked up via MRT and also expressways. Bugis MRT is a MRT interchange that connect the East-West line and DownTown Line. The DownTown Line connect commuters to the Downtown core like Marina Bay, Chinatown, CBD etc. Road wise is also well connected with Kallang Paya Lebar Expressway (KPE), East Coast Parkway (ECP) and Marina Coastal Expressway (MCE), giving residents easy access to major dining and shopping options.
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V360 View  What's Nearby Midtown Modern? Trains (MRT & LRT) • BUGIS MRT DT14 EW12 180m • ESPLANADE MRT CC3 590m   Groceries/ Shopping • Bugis Point 100m • Bugis Cube 150m • Cold Storage Bugis Junction 190m   Schools • Stamford Primary 550m • School Of The Arts, Singapore 930m • St. Margaret's Primary 1.33 km • Farrer Park Primary 1.69 km
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Site Plan & Unit Mixes
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Design Concepts
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Choose from various type of layout in Midtown Modern that ranges from 1 to 4 bedrooms and penthouse units. Standing at 30 storey high, you can choose the level you wish according to your preference and budget. High floor unit will you a nice view of Bugis Village and Beach road conservation houses though price goes higher per floor for that premium view. Layout itself is designed with spacious and effective layout as it set to impress and entertainment your friends and family. Spacious Living and dining room give you that quality moment together with your family members, while spacious bedroom give you that comfort when you retreat and recharge for next day. Unit Mixes: TypeUnitsDescriptionSize(sqft)A1681 Bedroom409 - 474sqftB1392 Bedroom592 - 721sqftC1393 Bedroom904 - 1066sqftD1 - D2554 Bedroom1432 - 1464sqftDP3554 Bedroom Premium1432 - 1464sqftPH2Penthouse1733 - 1808sqft Others: 4 common lifts and 2 private lifts per tower
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Showflat Virtual Tour & Floor Plan
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https://www.youtube.com/watch?v=IqLVbKd5a6w
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Duplex (Sky Read the full article
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judod · 1 year
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كمبوند ميدتاون كوندو العاصمة الادارية الجديدة midtown condo new capital
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midtownnewcapital · 2 years
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مشروع ميدتاون فيلا العاصمة الادارية الجديدة ❤️
Midtown Villa New Capital للاستفسار 01068340264 01272495605 01153314683 او سجل هنا وسيتم التواصل معك https://goo.gl/RCeqvi
http://midtown-newcapital.blogspot.com https://www.facebook.com/MidtownNewCapitalCity https://www.facebook.com/1Midtown.newcapital
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cognitivedissonance · 5 years
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On “progress”
Driving through downtown, I noticed a building under construction. Whatever had been there before was torn down. I’d driven by dozens of times in the last few months and just now noticed it. And for the life of me, I can’t remember what was there before.
The Sundance and Co-Ed Lodges near the university are fenced off, their residents scattered. I spoke with a gentlemen who was a long time resident of one of the lodges. He is currently unhoused, and has difficultly accepting shelters because he is afraid of having his few possessions stolen. The manager used to let him slide if he was a little short, which he always was. He said the few years he lived there were good because he worked a few under the table jobs and got his Hep C treated. He hasn’t worked since he left and misses his old room.
They’ll be replaced by a rapid transit station linking Midtown and UNR, and will house UNR’s shuttle service. It’ll be the gateway to the university, according to official press releases. It’s part of the push to make the area around the university — and Reno as a whole — more MODERN LUXURY CONDO LEASING NOW.
The student housing built near the university is all amenities-driven, with students paying upwards of $1,000/mo. for rooms not much bigger than what this gentlemen rented for around $175/wk. The difference is that they’re all sharing a bathroom or two and there’s four of them in a larger suite ALL paying $1,000/mo. It’s a weekly with a spa and security. The staff of these buildings are paid poverty wages. The people who built them don’t fare much better.
The residents of these buildings and the condos are worth more economically, and in the end, that’ll keep driving MORE BETTER NOW until the bubble bursts. In late-stage capitalism, economic worth will dominate over intrinsic human worth every single time, but we’ll pay lip-service to the working class and disadvantaged. This gentlemen had less to contribute, and therefore, sweeping him aside without providing an alternative can be stomached by so-called progressives in this city because aren’t buses and shuttles more environmentally friendly? There’s chronically-full shelters, after all. Plus, the residents of weeklies are *whispers* S C A R Y.
We ignore the issue of affordable housing, lack of health care (including dental, vision, and mental health), and living wages at our peril. I have roughly 60 people on my caseload, with a dozen different needs on any given day. When I have sessions with them, sometimes they thank me for caring or seeing them. One thanked me for REALLY seeing them instead of looking through them. I was doing my job. Mental health and substance use professionals like myself, case workers, and those frantically knitting the safety net together as it frays in front of us are left cleaning up the wreckage of progress.
I didn’t see the new construction, but I’ve seen its aftermath. How will you see your fellow humans today? How will you acknowledge their humanity as opposed to measuring their worth via their potential productivity? Intrinsic humanity cannot be assigned a dollar sign, but that doesn’t render it worthless.
Instead of just giving your ratty clothes to Savers, go further. Give a new warm hat to someone busking downtown. Go ahead and give $5 to someone you’re pretty sure will spend it on drugs or alcohol. What the hell were you going to buy? Numbing your reality isn’t more virtuous because you have a job and a roof over your head.
I’ll always remember what was there before as I drive by the new rapid transit station that’ll be built once the fenced-off buildings come down. We’re all in this together and we’re all collectively fucked, just some more so than others. Be kind without abandon.
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mysgprop-cstee · 8 months
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Midtown Modern @Bugis
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Midtown Modern @Bugis 名汇庭苑
Est. TOP Mid 2024 Official Price: 2BR/ 3BR /Penthouses Fully Sold 1BR (409 sf) From $1,556,000 Last 4 4BR-Premium (1808 sf) From $6,327,000 Last 7 ✅Direct to Bugis Interchange MRT • Direct to East-West and Downtown Line • World Class Amenities in 5-10 minutes walk ✅Own a piece of Guoco Midtown • GuocoLand’s Flagship Long-term Investment • Ride on the transformation into Singapore’s New Midtown ✅Garden Homes in the CBD • More than 1 Ha of exclusive gardens with almost 200 species of plants • Full condo facilities, concierge and networking amenities Rare mixed development in Downtown Core Very accessible to numerous Stations Easily connected to Major Expressways such as MCE, ECP and CTE Lush Greenery Landscaping Numerous Shopping malls and eateries at doorstep Part of Bugis Transformation Potential for capital appreciation Rich in heritage and culture Checkout the pricing NOW! https://www.youtube.com/watch?v=TampCjwIwM0 A Distinctive Address Everyone Desire
Quick Links
Fact Sheet Unique Features V360 View  What's Nearby Midtown Modern? Design Concepts Unit Mixes: Showflat Virtual Tour & Floor Plan StarBuy Download Brochure FAQs
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Midtown Modern is a new development located at Tan Quee Lan Street right next to Bugis MRT Station. The development is located at Bugis District 07 and part of  the core city centre region. The area is buzzling with activities and Tan Quee Lan Street presents the unique opportunity of a quiet corner of Bugis where residents of Midtown Modern can get after a hard day’s work. It is the perfect place to stay with your family with all the amenities nearby as well as the facilities offered in the development. Everything is at your door step so there is no need to travel far. Featuring approximately 558 residential units across a site area of 124,071 square feet, the Midtown Modern condo is just a short walk to the lively Bugis Town, as well as being a 1-minute walk to the Bugis MRT Station. Being in a core city development also means that Midtown Modern is located near to schools as well. Midtown Modern is located near to Stamford Primary Schools as well as Singapore Management University making it a perfect place for family who are looking for good schools around the Bugis area. Located in a traditional area where good schools are aplenty, many signature food choices as well as gourmet dining restaurants are located in the heart of Bugis and one is no short of dining options available for the residents of Midtown Modern. Getting around to these food options are very easily as it is just a short bus drive or a few minutes drive away. Fact Sheet TypeDescriptionsProject NameMidtown Modern @BugisDeveloper NameJoint venture between GuocoLand, Hong Leong Holdings and Hong RealtyLocation16, 18, 20 Tan Quee Lan Street (District 07)Tenure of Land99yrs leasehold from 10 Dec 2019Expected Date of Completion (T.O.P.)3rd Quarter 2025Site area11,530.8 m2 (approx. 124,116.49 sq ft)Total No. of Units558 units in 30 storeys in mixed development with commercial retail shops on 1st level and residential component on upper level Bedroom Type: 1-4 Bedroom & 2 Penthouses Car Park Lots282 Carpark Lots - consisting of 279 car park lots + 3 handicap car park lots  Midtown Modern will be developed by a JV of renowned Asian development firms, all working together to deliver the world class quality that they are known for.
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  Guocoland Since being listed in Singapore in 1978, GuocoLand Limited has quickly risen to become one of the leaders in property development across Asia. With top class operations throughout Singapore, China, Vietnam and Malaysia, the group has delivered the highest standard of property development, management, sales, investing, hotel operations and more for over 40 years. With its headquarters located in Singapore, the group is looking forward to completing yet another impeccable residential development project with The Avenir. With 35 residential projects to its name in Singapore alone, GuocoLand has seen over 10,000 apartments and homes be sold to satisfied customers that love their blend of practical and luxurious design. Some of GuocoLand’s flagship projects include the Guoco Tower, the high-class Wallich Residence luxury apartments, Leedon Residence, Sims Urban Oasis and much, much more. Intrepid Investments & Hong Realty Wholly-owned subsidiary of Hong Leong Holdings Limited, Intrepid Investments and Hong Realty represent one of Singapore’s largest development conglomerates. With a diversified portfolio that includes numerous properties from the Central Core Region and the Outside Core Central Region, Hong Leong Holdings has developed over 100 residential properties since its inception in 1968. With a reach expanding throughout Asia and into Europe and North America, the company has grown to be valued at over $40 billion. Their previous successful residential buildings include the renowned One Balmoral, Commonwealth Towers, Meyerise and more. One major element of Hong Leong Holdings’ success is that they go far beyond simply developing residential projects. Unique Features Mixed Development at District 7 Walk distance to Bugis MRT serving on the Downtown Line (DTL) and East-West Line (EWL) 3 mins drive to Shenton Way and 4 mins to Orchard Shopping Belts Plenty of options shopping as Suntec City, Marina Square, Raffles City, Bugis Junction and many more About Education, Midtown Modern is close to Nanyang Academy of Fine Arts, where your child's artistic potential grows. Besides, there are many famous schools around Midtown Modern area such as Rosemary Hall Montessori, PCF Kampong Glam Blk 2, Stamford Elementary School and Singapore Management University. Access to Kallang Riverside Park where many attractive outdoor activities About Health, Midtown Modern is close to major hospitals such as Q & M Dental Center, Raffles Hospital and Raffles Hospital (Specialty Center) - to meet you and your family's health care need Luxury Living in an Excellent Location The Midtown Modern development is a rare opportunity to enjoy  peaceful living in the incredible District 7, within the renowned Bugis region of Singapore. With a number of high-profile luxury residences going up in the area recently, including the Duo and South Beach Towers, the area is rapidly seeing a positive transformation for everything from tourism to business. The Midtown Modern finds itself close enough that residents will be able to be just steps away from the rich cultural heritage, amazing dining options, beautiful boutique shops and engaging entertainment, while still being a tranquil atmosphere for families. Perfect for those working in Singapore’s Central Business District, the Midtown Modern condo development includes enhanced connectivity to work, yet allowing residents to stay out of the overly busy city life. The Midtown Modern Development is Connected One of the biggest selling points for the Midtown Modern condo is the amazing access offered to Singapore’s public transit and major parkways. The Midtown Modern will be located right next to the Bugis MRT Station and a number of bus routes that run along Beach Road and Rochor Road, making traveling by public transit seamless for residents. The Midtown Modern also provides direct access to the Nicoll Highway and connects easily to the East Coast Parkway, Central Expressway, Ayer Rajah Expressway and more. This means that the Central Business District can be reached by car in under ten minutes, saving precious commuting time. Shopping Near the Midtown Modern in Singapore As the Bugis area is recognized for its fantastic selection  of entertainment, dining and retail choices, residents will not need to go far in order to take in the best that Singapore has to offer. Living in the midst of such a dynamic region ensures that there is everything from world class shopping centres to boutique-lined avenues to enjoy. With so many options right outside their doors, Midtown Modern residents will always have something to do the moment they step outside. Shopping lovers will rejoice in the fact that Orchard Road and Raffles Place are each just ten-minutes away from The Midtown Modern development. The Shopping Centres Near The Midtown Modern Are: - Bugis Junction - Bugis+ - Bugis Street Market - Sim Lim Square - Raffles City - Orchard Road - Peninsula Shopping Centre Various hawker-style street foods and traditional food markets such as the Tekka Market, Golden Mile Food Center, Albert Center, Hong Lim Market and more provide a diverse range of food, as well. From local favourites to exciting new culinary delights, Bugis is the place to be in Singapore for foodies! The Midtown Modern are Great for Families The Midtown Modern condo development finds itself in close proximity to some of the premier educational institutions in Singapore. From primary to university, parents have a remarkable choice to schooling options, including several expat and international schools. Schools Near the Midtown Modern Condos Are: ●     Farrer Park Primary School ●     Stamford Primary School ●     St. Margaret’s Primary School ●     Anglo-Chinese Junior School ●     JCS Japanese Language School ●     School of the Arts, Singapore ●     Greentree School of Education ●     Queensfield International Business School For families with small children, there are also a number of local daycares within the Bugis area. This means parents have convenient childcare options, saving them time and effort when dropping-off and picking-up their children. The Midtown Modern Are Ideal to Enjoy Culture The Midtown Modern condo development finds itself close to some of Singapore’s top museums, making it the perfect location for anybody that wants to enjoy the rich culture that the country has to offer. The National Museum of Singapore is the most notable museum and is just a 5-minute drive away from the Midtown Modern site. With endless exhibits and special activities for children on the final Saturday of each month, it is both educational and entertaining. SAM, the Singapore Art Museum, is also located in the Bugis neighbourhood. With an ideal mix of traditional and innovative art, it houses Singapore’s art talent in an incredibly vibrant space. The Bras Basah Complex, also known as the Book City of Singapore, is a centre dedicated to reading and design. Residents of the Midtown Modern can head over to some of the best bookstores in Singapore, while children can also enjoy the 5th-storey indoor playground. There are Many Green Spaces Near the Midtown Modern While it is in the heart of a vibrant city area, residents of the Midtown Modern condos won’t need to go far to enjoy tranquil nature and a place to lead an active lifestyle. The Kallang Riverside Park is quite close and features a cycling track, free outdoor fitness equipment and walking areas, so those living in the Midtown Modern can exercise while taking in some scenic views. District 7 also includes plenty more open green spaces, including the War Memorial Park, Esplanade Park and Fort Canning Park. Each park has its own personality and unique offerings, perfect for an after-work walk or a weekend adventure with the family.
Location Map
Midtown Modern is located at Tan Quee Lan Street in Singapore District 7. Be part of Bugis and Beach road transformation as Midtown Modern condo set to be part of this transformation to bring more life into it with commercial and residential components. This address at Tan Quee Lan street is well established as a vibrant location with Bugis Junction, Bugis+, Bugis village and other entertainment just nearby.
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As mentioned in the URA Master Plan 2008, Ophir-Rochor corridor is unique as it comprises of education and entertainment hub, culture and Bras Basah arts. Though there are over mixed developments and projects coming up in Bugis, it still retain the culture and heritage of Bugis Village and Beach road conservation houses. Therefore, living here is rich in culture, vibrant and excitement yet exclusivity once you head back home.
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This address is also part of a strategic transport hub as its well linked up via MRT and also expressways. Bugis MRT is a MRT interchange that connect the East-West line and DownTown Line. The DownTown Line connect commuters to the Downtown core like Marina Bay, Chinatown, CBD etc. Road wise is also well connected with Kallang Paya Lebar Expressway (KPE), East Coast Parkway (ECP) and Marina Coastal Expressway (MCE), giving residents easy access to major dining and shopping options.
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V360 View  What's Nearby Midtown Modern? Trains (MRT & LRT) • BUGIS MRT DT14 EW12 180m • ESPLANADE MRT CC3 590m   Groceries/ Shopping • Bugis Point 100m • Bugis Cube 150m • Cold Storage Bugis Junction 190m   Schools • Stamford Primary 550m • School Of The Arts, Singapore 930m • St. Margaret's Primary 1.33 km • Farrer Park Primary 1.69 km
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Site Plan & Unit Mixes
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Design Concepts
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Choose from various type of layout in Midtown Modern that ranges from 1 to 4 bedrooms and penthouse units. Standing at 30 storey high, you can choose the level you wish according to your preference and budget. High floor unit will you a nice view of Bugis Village and Beach road conservation houses though price goes higher per floor for that premium view. Layout itself is designed with spacious and effective layout as it set to impress and entertainment your friends and family. Spacious Living and dining room give you that quality moment together with your family members, while spacious bedroom give you that comfort when you retreat and recharge for next day. Unit Mixes: TypeUnitsDescriptionSize(sqft)A1681 Bedroom409 - 474sqftB1392 Bedroom592 - 721sqftC1393 Bedroom904 - 1066sqftD1 - D2554 Bedroom1432 - 1464sqftDP3554 Bedroom Premium1432 - 1464sqftPH2Penthouse1733 - 1808sqft Others: 4 common lifts and 2 private lifts per tower
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Showflat Virtual Tour & Floor Plan
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https://www.youtube.com/watch?v=IqLVbKd5a6w Read the full article
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bountyofbeads · 5 years
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Debt, Conflict and Vacancy Imperil Another Kushner Property https://www.bloomberg.com/graphics/2019-kushner-times-square-property-development/?ll_push_args={%22utm_source%22:%22push%22,%22utm_medium%22:%22notification%22}
Debt, Conflict and Vacancy Imperil Kushners’ Times Square Dream
By Caleb Melby and David Kocieniewski
Published June 25, 2019 | Bloomberg | Posted June 25, 2019 |
Jared Kushner’s family averted disaster last year when a Canadian asset manager swooped in to buy their skyscraper in midtown Manhattan, which had been hemorrhaging millions of dollars. Now they’re facing a similar crisis a few blocks away.
At the former New York Times building on West 43rd Street, a graying property in Times Square, the pattern is uncannily similar: Buy at a steep price, pile on too much debt, run up big losses, fight with tenants and flirt with default.
It’s the latest example of overreach for a family that built a fortune on suburban rental properties, only to have its urban ambitions stymied. Kushner Cos. bought the first six floors of the Times building for $296 million in 2015, envisioning a multifloor amusement park in the heart of Times Square. Four years later, a toxic brew of debt, conflict and vacancies has put their investment in jeopardy.
Think of the building as a vertical mall with three-story neon signs beckoning tourists. There are tenants the Kushners inherited: a sprawling sushi restaurant, a below-ground Guitar Center store and a two-story bowling alley with thumping music. And ones they brought in—in the basement, National Geographic Encounter, an exhibit about oceans with humpback whales and sea lions cavorting on digital screens; on the second floor, Gulliver’s Gate, featuring detailed miniatures of the Colossus of Rhodes, the Empire State Building, Jerusalem’s Western Wall and other famous sites, complete with miniature trains and glowing skyscrapers.
The Kushners’ new tenants have a few things in common, including ticket prices exceeding $30, underwhelming crowds and financial trouble. The National Geographic exhibit has paid only partial rent since August, and the Kushners are looking for a new tenant. Gulliver’s Gate paid irregularly, prompting a legal battle that resulted in its rent being cut by almost half this year. Take a walk around the back of the building, and there’s a dusty unfinished space meant for a champagne bar. It never opened. Kushner Cos. has traded lawsuits with the proprietor, an operator of airport restaurants that is alleging fraud, claims the Kushners have denied.
A spokeswoman for the National Geographic exhibit confirmed that the attraction wasn’t paying full rent, but she declined to provide details. Gulliver’s Gate founder Michael Langer said he was “happy we were able to work together for an amicable agreement.” A spokesman for OHM Concession Group, which leased space for the champagne bar, didn’t respond to requests for comment.
The missteps have added up. Kushner Cos. assumed that all these tenants would be paying rent when it piled $370 million of loans onto the building in an October 2016 refinancing, most of it from Deutsche Bank AG. In March, the company defaulted on one high-interest chunk of its debt to other lenders, and the property has often run at a loss after accounting for loan payments, according to data compiled from disclosures to investors. While there’s always room for improvement, spaces for so-called experiential retailers require custom designs and can take years to fill.
The story of how the Kushner family purchased a Times Square building only to see it founder during an economic boom is one of zealous overconfidence and a passion for trophy properties, according to more than a dozen people interviewed by Bloomberg News. It’s also a tale of how the real estate market encourages excessive risk-taking, rewarding those who use steep leverage on speculative properties even as they pass potential losses to others. Most of the debt on the Times building has been transferred to investors – it’s their problem now. Meanwhile, Kushner Cos. allocated some of the loan to pay itself $59 million, according to public filings.
Wells Fargo & Co., which manages the loan, has placed it on a watchlist for troubled debt and taken control of the property’s accounts. At one point, the building also drew the attention of federal prosecutors. The U.S. attorney for the Eastern District of New York subpoenaed records about the refinancing in 2017. What investigators were looking for, whether the Kushners were a subject and if the matter is ongoing is unclear. Spokesmen for Deutsche Bank and Wells Fargo declined to comment, as did Jared Kushner’s attorney, Abbe Lowell. Representatives for Kushner Cos. didn’t respond to numerous requests for comment.
The former Times building and Kushner Cos. were both struggling when they came together in 2015. The 18-story landmark with a mansard roof had been the newspaper’s headquarters for almost a century, until the company moved a few blocks away in 2007. That same year, Africa Israel Investments Ltd. bought the building at 229 West 43rd St. for $525 million and began searching for a way to repurpose it, exploring everything from luxury condos to a Disney-themed hotel. When those plans fizzled, the company, led by Russian-Israeli diamond merchant Lev Leviev, decided to sell part of the site as a retail complex.
The rapid growth of internet shopping made many real estate investors skeptical. But Charles Kushner, founder of the company that bears his name and father of now-presidential adviser Jared Kushner, was still bullish on retail when Leviev’s brokers pitched him. He had reason for his optimism. In 2011, as Kushner Cos. was straining under a mountain of debt at its 666 Fifth Ave. skyscraper, selling the building’s stores for $1 billion helped pay off some of it and buy time.
Four years later, 666 Fifth Ave. was again operating at a loss. The Kushners were supposed to have improved the property and raised rents. Instead, they had been shopping a plan to knock it down and build a glittering high-rise twice as tall with a five-story shopping center at its base.
The Kushners needed an infusion of cash, and the bottom six floors of the Times building offered a tantalizing opportunity. Tens of thousands of people walk by daily. The building was about half leased, but if the family could fill it quickly and bolster its rent rolls, Kushner Cos. could refinance at a higher valuation, taking any gains as profit.
Charles Kushner’s view wasn’t widely shared, and financing the deal was a struggle. The company considered selling a Chicago office building it owned and sheltering the gains from the sale in the Times Square property, a common tax-planning strategy known as a 1031 exchange, according to a person familiar with the matter. But the Chicago sale never materialized, so the Kushners turned to well-capitalized firms they’d done business with in the past. None accepted the invitation to join them as an equity partner, the person said.
In the end, they relied almost exclusively on loans – all but $1 million of the $296 million purchase price was covered by debt from a division of Brookfield Asset Management Inc., the Canadian real estate company that would later rescue the Kushners by taking out a 99-year lease on 666 Fifth Ave. for $1.3 billion.
Theoretically, anything goes in Times Square, where Madame Tussauds’ lifelike wax sculptures and Mars Corp.’s shrine to M&M’s have co-existed for more than a decade. But it’s also possible to miscalculate. Leviev had made a go of it with the horror-themed Jekyll & Hyde Club. It closed amid terrible reviews months before the Kushners bought the property.
The building’s spaces in the basement and upper floors were slower to lease than anticipated, and by time the Kushners took control in 2015, the property remained about half leased. At Kushner Cos. headquarters in 666 Fifth Ave., Charles Kushner was frustrated that the building was still losing money, according to one person who heard him complain. Jared Kushner, the company’s chief executive officer at the time, told staff that they needed more cash flow, the person recalled, and that they needed it quickly.
The Kushners found it. The first big tenant to sign was Gulliver’s Gate, which had been in talks with Leviev. Plans for an aquarium were scuttled after other tenants complained about potential water damage and fishy aromas. Then came SPE Partners, an entertainment development company with a license from National Geographic, which would take about 60,000 square feet for a waterless and odor-free exhibit. A tiny storefront was leased to Los Tacos No. 1, a popular Mexican taqueria. Airport restaurant operator OHM signed on for a champagne bar, meaning the building was fully leased by August 2016.
The safest buildings to lend to have longtime tenants with proven ability to pay the rent. But the Kushners filled the Times Square property with one-of-a-kind tourist attractions, most of them untested businesses posing unique risks.
“We’re not Gap or Apple, not one of those companies that is known to the market,” Eiran Gazit, a co-founder of Gulliver’s Gate, explained in a November phone interview. “We are a private company and small. There were some landowners who turned us down and are still empty. The Kushners were willing to accept us.” Gazit, who left the company last year and doesn’t speak for the business, said he had met with 17 property owners before signing with the Kushners.
Still, it was a booming market, and Deutsche Bank’s commercial-mortgage unit, which issued a total of $11 billion of New York real estate loans in 2015, was eager to help.
How much was the building worth? That hinged on how much it would make. Total rent of $16 million in 2014, when much of the property was empty, was too conservative. Now that it was fully leased, the Kushners expected $24 million annually, according to a prospectus prepared in connection with the refinancing. Bankers were also optimistic about the Kushners’ ability to slash expenses to $3.9 million a year, about $1.5 million less than 2014, the prospectus said. With an enlarged rent roll and an austere cost structure, net operating income would almost double to $21.5 million, enough to cover about $18 million in interest payments.
Accepting those lofty numbers required no small amount of faith. Only two of the new tenants had moved in, and none was yet paying rent. Nonetheless, the net income figure was used to appraise the property at $470 million, according to the loan documents. By that math, the Kushners had increased its value more than 50% in one year.
The Kushners’ looming income crash
Revenue and expenses by year for 229 West 43rd St.
At that valuation, the $370 million of loans they received in the refinancing looked sober. Most of that amount was used to pay off the existing Brookfield mortgage, with another $26 million placed into reserves. But $59 million went as a payout to Kushner Cos., an astounding return on its original $1 million investment.
“In less than a year, we’ve repositioned the property and transformed it into a top-flight entertainment destination,” Kushner Cos. President Laurent Morali told the Commercial Observer, the trade publication owned by the Kushner family, which broke the news.
The Kushners inauspiciously held their 2016 holiday party at the site of their financial coup: Guy’s American Kitchen & Bar on the West 44th Street side of the Times Square building. The restaurant—named for spiky-haired restaurateur and TV personality Guy Fieri—was the subject of a scathing New York Times review that described a watermelon margarita that tastes like “radiator fluid and formaldehyde.” It would close a year later.
But the Kushners were just at Guy’s for the cavernous space: They brought in a kosher caterer. They had plenty to celebrate. Jared’s father-in-law was going to the White House, the Times Square refinancing was complete, and the family was closing in on a deal with a Chinese insurer to save the overleveraged 666 Fifth Ave.
It was a bittersweet occasion, according to two people who attended. As Charles Kushner hobnobbed with other New York real estate barons, Jared, who would soon be leaving for Washington and stepping away from day-to-day operations, said his goodbyes.
The euphoria didn’t last. In March 2017, Anbang Insurance Group Inc., the Chinese insurer, pulled out of the deal, and Jared’s interactions with the CEO of a Russian state-owned bank came under scrutiny. That led to journalists asking questions about the involvement of Deutsche Bank and Leviev, who’s friendly with Russian President Vladimir Putin.
At the Times building, the first signs of strain emerged that September. Passersby could peek through windows where the champagne bar was scheduled to open months earlier. The space was empty and unimproved. No work was being done. Wells Fargo, which became manager of the loan after the refinancing, put the property on its watchlist, citing lower-than-expected income to cover debt payments. It was an ignominious designation. And then things got worse.
If there’s one common complaint the Kushners’ Times Square tenants have about their landlord, it’s that the company promised more than it delivered.
For OHM, the dispute was about a hallway. The company said in a lawsuit filed in New York Supreme Court that it was promised the space for its champagne bar, but it turned out it was needed for shared use. The hallway covered about 2,000 square feet, or one-sixth of the leased space, according to the suit, which accused Kushner Cos. of fraud and breach of contract. The company denied the claims as “salacious and false” and evicted OHM for failing to open on time. The litigation is ongoing.
Gulliver’s Gate alleged in a lawsuit that Kushner Cos. billed it for 5,700 square feet more than it actually had. The company, which disputed the allegation in court papers, sued the attraction for nonpayment of rent.
The attraction had its own share of troubles as business got off to a rocky start. It missed payments to Kushner Cos. and other vendors. But Gulliver’s Gate had one advantage: A space like the one it occupied on the second floor could take years to fill and would require more cash from the Kushners in the form of tenant improvements and a free-rent period after a new tenant moved in. In April, after a months-long legal battle, Charles Kushner capitulated and agreed to cut the rent by almost half starting early next year.
The battle over the National Geographic exhibit hasn’t spilled into court. But it has been costly. SPE Partners stopped paying full rent in August amid a dispute over shared expenses and racked up more than $3 million in unpaid bills by late last year, according to Wells Fargo. Lenders have approved the lease termination, and the space is now being marketed. Still, lenders won’t let the Kushners evict the exhibit, fearing a hole too big to fill, according to a person familiar with the matter. In April, Kushner Cos. told lenders it expects the digital dolphins to remain in place “for a few more months,” Wells Fargo told investors.
One of the National Geographic exhibit’s biggest backers, Fairfax, Virginia-based real estate firm Peterson Companies, sold its stake late last year. A person familiar with the deal said the company didn’t want to continue pouring money into a venture that had lost millions. Angela Sweeney, chief marketing officer for Peterson, said the separation was amicable and declined to comment on the terms.
As the hits came, Kushner Cos. missed a March payment on an $85 million mezzanine portion of its loan, which was promptly restructured on terms that haven’t been disclosed. Last year’s expenses, about $9 million, were more than twice estimates, according to Wells Fargo data. OHM’s absence and Gulliver’s reduced rent have chopped about $5 million off the revenue estimates, and a National Geographic exit could more than double that figure. If that situation doesn’t change, the building won’t be able to cover debt payments.
If the worst happens and the Times Square building goes belly-up, Kushner Cos. and Deutsche Bank won’t bear the brunt of it. That’s because the Kushners put so little money down and took out so much, and because Deutsche Bank sold most of the debt soon after it was issued.
Losses would instead be borne by a broad base of investors, most of whom probably don’t even know they’re exposed. The debtholders are now a series of trusts that also hold other commercial mortgage loans. Those trusts were sliced up and sold to investors as commercial mortgage-backed securities, similar in structure to vehicles that hold home loans.
The Times Square loan has an extra wrinkle that makes things even riskier for its new owners. Kushner Cos. pays only interest until the loan comes due in 2026. The company had a similar deal at 666 Fifth Ave. In the wake of the financial crisis, the issuance of such interest-only loans diminished. But as the economy recovered and more money was chasing deals, lenders loosened underwriting parameters, according to mortgage-securities data provider Trepp. Now more than half of all new commercial loans are interest-only, according to an April report by Trepp. They’re riskier because borrowers don’t pay down principal over time, increasing lender exposure in the event of a downturn.
Whether the Kushners can salvage their Times Square dreams depends on filling the property with reliable tenants. Or finding another savior to swoop in with a sweetheart offer.
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Affinity At Serangoon Is Simply Amazing
Affinity At Serangoon is a brand-new advancement along Serangoon North Avenue 1 by Oxley Holdings featuring 1012 Houses, 40 Systems of Strata Landed House along with 5 units of Commercial shops.
Affinity Serangoon floor plan is the previous Serangoon Ville (privatised HUDC estate) site that was sold en bloc to an Oxley-led Consortium. The joint venture firm Oxley Serangoon, comprises partners consisting of Oxley Holdings, Lian Beng Group, Apricot Capital and entities of KSH Holdings and Heeton Holdings.
The purchase rate for Serangoon Ville at S$ 499 million works out to a land price of near S$ 835 per square foot per plot ratio (psf ppr). This is lower than that of The Garden Houses at S$ 965 psf ppr, which is located on the next plot of land at Serangoon North Avenue launched under Federal government Land Sales.
The approximated break even cost will remain in the variety of S$ 1,300 and therefore the estimated asking price will likely be above S$ 1,500 psf.
With the lack of land sale from the federal government, designers will continue its pursuits of cumulative sales in order to renew their land bank, and with that, we will continue to see persistently high purchase cost being paid to the owners for en bloc development. As it is, we are currently seeing the spike of the property price when brand-new launches from the previously en bloc residential or commercial properties were released for sale, and D19 is one of the very first district to experience the increase due to the high cost that developers paid for the land. We predict the job sales to be sluggish at the initial duration, possibly up to the end of 2018, and the sales for new apartment task must select up in 2019, due to the fact that lots of house purchasers require time to adjust to the spike in the new condominium jobs.
For households who are preparing to have kids, or currently with children, Affinity At Serangoon floor plan is located in close distance to numerous renowed schools like Rosyth Main School (within 1km), Zhonghua Primary School (within 1km), CHIJ Our Woman Of Great Counsel, Hougang Main School, Monfort Junior School, Xinhua Main School, Xinmin Main School, Yangzheng Main School, Yio Chu Kang Main School, Nanyang Junior College and Saint Andrew Junior School
Surrounding Affinity Serangoon includes a substantial variety of shopping center, such as NEX Shopping Center, Hougang 1 Shopping Center, Heartland Mall, Hougang Green Shopping Center, Midtown and Seletar Mall, which provides a lot of shopping, dining and entertainment options to the homeowners.
Affinity At Serangoon price condo consists of 7 blocks that are 14-storey high with a total of 1,012 units, and 2 blocks of 3 Storey strata-landed houses with basement and 1 block of 2 Floor strata-landed with basement, an overall of 40 strata-landed homes. There are likewise 5 industrial stores on the very first floor to accommodate the local's requirements. The unit mix varies from 1 bedroom to 4 bed room units and 5 bedroom units are the strata landed real estate.
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laplageone-blog · 6 years
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فيلا للبيع فى لافيستا سيتي العاصمه الاداريه - Lavista city New Capital فيلا للبيع فى لافيستا سيتي العاصمه الاداريه المشروع ٩١٠ فدان – كله فيلات اول ميجا كومبوند فى العاصمة الادارية مدرسة – كلوب هاوس – نادي – مكاتب ادارية – مول تجاري. المساحات تبدا من ٢٤٠ متر الي ٤٧٠ متر نظام السداد علي ٦ سنوات اتصل بنا علي 16547 – 01288881611 او قم بملئ إستمارة إبداء رغبة الحجز هنا الموقع الخاص بالكمبوند
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Can’t Beat The Deal At Affinity At Serangoon
Affinity At Serangoon is a brand-new advancement along Serangoon North Avenue 1 by Oxley Holdings including 1012 Apartment or condos, 40 Systems of Strata Landed Home in addition to 5 units of Commercial stores.
Affinity Serangoon is the former Serangoon Ville (privatised HUDC estate) site that was sold en bloc to an Oxley-led Consortium. The joint endeavor company Oxley Serangoon, consists of partners including Oxley Holdings, Lian Beng Group, Apricot Capital and entities of KSH Holdings and Heeton Holdings.
The purchase cost for Serangoon Ville at S$ 499 million exercises to a land rate of near to S$ 835 per square foot per plot ratio (psf ppr). This is lower than that of The Garden Houses at S$ 965 psf ppr, which is located on the next plot of land at Serangoon North Opportunity released under Government Land Sales.
The approximated break even rate will remain in the variety of S$ 1,300 and therefore the approximated asking price will likely be above S$ 1,500 psf.
With the lack of land sale from the government, designers will continue its pursuits of cumulative sales in order to replenish their land bank, and with that, we will continue to see persistently high purchase price being paid to the owners for en bloc advancement. This will continue up until it reaches a point of saturation and cumulative sales activities will slow down. We ought to be seeing a slowdown in the cumulative sales activities in the 3rd quarter of 2018 onwards, as developers will not find it sustainable to be paying higher and higer premium that the owners demand. As it is, we are currently seeing the spike of the home price when new launches from the formerly en bloc properties were released for sale, and D19 is among the very first district to experience the increase due to the high cost that designers paid for the land. We predict the project sales to be sluggish at the initial period, maybe as much as the end of 2018, and the sales for brand-new condominium project ought to get in 2019, due to the truth that lots of house purchasers require time to get used to the spike in the new condo tasks. When buyers understood that the market costs for brand-new jobs are all going up north, they will accept the decision and make the purchase.
For households who are planning to have children, or already with kids, Affinity Serangoon floor plan is situated in close proximity to many renowed schools like Rosyth Main School (within 1km), Zhonghua Main School (within 1km), CHIJ Our Lady Of Good Counsel, Hougang Main School, Monfort Junior School, Xinhua Main School, Xinmin Primary School, Yangzheng Main School, Yio Chu Kang Main School, Nanyang Junior College and Saint Andrew Junior School
Surrounding Affinity At Serangoon floor plan consists of a big range of shopping malls, such as NEX Shopping Centre, Hougang 1 Mall, Heartland Shopping Center, Hougang Green Shopping Mall, Midtown and Seletar Shopping mall, which offers plenty of shopping, dining and entertainment options to the homeowners.
Affinity At Serangoon price apartment consists of 7 blocks that are 14-storey high with an overall of 1,012 units, and 2 blocks of 3 Floor strata-landed homes with basement and 1 block of 2 Floor strata-landed with basement, an overall of 40 strata-landed houses. There are also 5 industrial stores on the first floor to cater to the local's needs. The system mix ranges from 1 bedroom to 4 bedroom units and 5 bed room systems are the strata landed real estate.
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Affinity At Serangoon Attracts Huge Crowd
Affinity At Serangoon is a new advancement along Serangoon North Avenue 1 by Oxley Holdings including 1012 Homes, 40 Units of Strata Landed Home in addition to 5 units of Business stores.
Affinity Serangoon is the previous Serangoon Ville (privatised HUDC estate) site that was sold en bloc to an Oxley-led Consortium. The joint venture firm Oxley Serangoon, comprises partners including Oxley Holdings, Lian Beng Group, Apricot Capital and entities of KSH Holdings and Heeton Holdings.
The purchase cost for Serangoon Ville at S$ 499 million works out to a land rate of near to S$ 835 per square foot per plot ratio (psf ppr). This is lower than that of The Garden Houses at S$ 965 psf ppr, which is located on the next plot of land at Serangoon North Avenue launched under Federal government Land Sales.
The estimated break even cost will be in the series of S$ 1,300 and therefore the approximated asking price will likely be above S$ 1,500 psf.
With the lack of land sale from the government, designers will continue its pursuits of collective sales in order to replenish their land bank, and with that, we will continue to see persistently high purchase price being paid to the owners for en bloc advancement. As it is, we are already seeing the spike of the residential or commercial property cost when brand-new launches from the previously en bloc residential or commercial properties were launched for sale, and D19 is one of the very first district to experience the increase due to the high price that designers paid for the land. We visualize the project sales to be slow at the preliminary duration, possibly up to the end of 2018, and the sales for new condo job ought to pick up in 2019, due to the truth that many home purchasers need time to adjust to the spike in the brand-new condominium tasks.
For families who are planning to have kids, or currently with kids, Affinity At Serangoon price is positioned in close proximity to many renowed schools like Rosyth Primary School (within 1km), Zhonghua Primary School (within 1km), CHIJ Our Lady Of Good Counsel, Hougang Primary School, Monfort Junior School, Xinhua Primary School, Xinmin Main School, Yangzheng Primary School, Yio Chu Kang Main School, Nanyang Junior College and Saint Andrew Junior School
Surrounding Affinity At Serangoon floor plan includes a substantial variety of shopping malls, such as NEX Shopping Centre, Hougang 1 Shopping Center, Heartland Mall, Hougang Green Shopping Mall, Midtown and Seletar Shopping mall, which offers lots of shopping, dining and home entertainment alternatives to the citizens.
Affinity At Serangoon floor plan apartment consists of 7 blocks that are 14-storey high with an overall of 1,012 units, and 2 blocks of 3 Floor strata-landed houses with basement and 1 block of 2 Storey strata-landed with basement, an overall of 40 strata-landed houses. There are also 5 business stores on the first floor to deal with the citizen's requirements. The system mix ranges from 1 bedroom to 4 bedroom systems and 5 bedroom units are the strata landed housing.
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