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Will Park Colonial Worth Your Money?

Park Colonial

Lo and behold, we have come to the point of discussing on the highly coveted and most talk about Park Colonial Condo. Does it really worth your money? Will you be putting your money into this hyped up condo development? Without further ado, let’s talk about it.

This plot of huge land was put on sale by the state via an open tender exercise in mid-2017. It created a buzz among the local industry ever since the government announced the creation of a new town by the name of Bidadari. The entire boundary is under the Toa Payoh Planning Area and Park Colonial is within the boundary of this exciting story.

In actual fact, it is right smack in the middle of it since the actual site of this condo is adjacent to Woodleigh MRT Station. Together with another mixed used development right across the street, the immediate neighbourhood will be transformed into a vibrant community with all the new resident’s catchment. It will certainly be the talk of the town when the developments are up and running in due course.

Amenities in and around

Across the street, there will be a Woodleigh mall opposite your condo. It is supposed to be the main landmark within the whole Bidadari new town. There will also be huge and vacant land area set aside for greenery, such as the heritage walk, Bidadari Greenway, Bidadari Park and the man-made Alkaff Lake which is inspired by the former legendary. The green lungs in your neighbourhood alone will be able to meet your daily or weekend family gathering.

Commercial Component

Besides the Woodleigh Mall serving the immediate resident’s daily consumption such as food establishments and other convenient retail services, future owners will also be one station away to the second largest suburban mall Nex in Serangoon. Bringing forth a convenient living experience like no others with such an amazing combination in commercial aspects. To top it off, you are also a station away to Potong Pasir where the upcoming Poiz Centre is, the distance is so near that you could practically walk there by foot during the evening with your loved ones.

Schools in Bidadari New Town

If you are fretting about the school placement of your young children, you would be relief to find that there are indeed some of the top schools located in the vicinity. From the local elite schools to the international ones such as Stamford American, your kids will be equally covered through their tertiary education journey right here.

Sold at the Price of?

The entire piece of land was sold to CEL Unique Development, a joint venture and consortium led by Chip Eng Seng and Unique Real Estate Pte Ltd. At the quantum of slightly over $700 million, working out to be approximately $1110 per square foot per plot ratio. The official Park Colonial price guide could be between $1700 to $1800 per square foot when it launches for sale in the second half of 2018.

Judging from the past records island-wide, new private properties located beside any major transport network such as a MRT Station will certainly outperformed their peers in the same vicinity as time goes by. Therefore, it would be foolish for us to underestimate the high potential of this condo development when they are not only adjacent to Woodleigh MRT Station, they are also a part of a growing new town, maturing together along the journey will definitely reap the benefits later.

So, we stand firm on our decision and gave it a ‘Buy-in’ status for this new condo at Woodleigh MRT.

To buy or not to buy, you have a choice. If you’re having doubts on anything, you may contact us for assistance and we would be glad to resolve your worries if possible.

Newest Artra Condo Project by FEC Skyline

artra panoramic view

Ever since winning the tender for the highly prized site located at Alexandra road, FEC Skyline will be building an integrated development adjacent to redhill mrt station. It is a mixed development site and sitting on a 99 years tenure from the government. It has been named as Artra by the developer and there will be four hundred apartment units for potential home buyers to choose from. A towering height of 40 over storeys and a commercial street right beneath your residence.

There will also be a huge plaza space leading you to the train station as a resident here. This exciting luxury condo will have a tennis court, surprisingly due to the rarity, a lap pool higher than the station, indoor fitness corner and private jacuzzi. Developer is known for their hospitality finishes and hence, you will be assured of the premium fittings and finishes provided.

You know you will be in good hands when you’re looking at a new condo development from FEC Skyline, a subsidiary from Tang Group of Companies. They will be bringing to you an abode filled with a touch of luxurious finish, a comfy and yet spacious living environment for you and your family. In addition to the smart living integration and a full suite of facilities within the artra condo.

Apart from the top finishing and facilities provided for all residents, there will also be a childcare centre for your convenience as a parent, a super huge hypermarket for your groceries and commercial aspects including retail shops and food & beverage joints for your daily needs.

Besides the excellent attributes coming from the development, it is also critically right next to the redhill train station running on the east west line. Are you even aware that in order for you to reach the central business district (CBD), it only takes you a quick three and four stations away to both Tanjong Pagar and Raffles Place station? How is this a location to you? Isn’t it too good to resist? So that you’ll be able to sleep longer than others and also to get home earlier than others?

In this current era and society, time is of the essence. If you’re able to have an edge on time, you will have more than for yourself and other causes. So, if you are currently looking for a place to call home, you may want to visit Artra by arranging a viewing and experience the top quality lifestyle mentioned here for you and your loved ones.

Amber Park Sold and to Make Way for The Opus Condo

the opus condo

Amber Park was sold for SGD $906.7 million to number one developer in Singapore, CDL in the largest collective sale by buck value. City Developments Limited (CDL) has successfully bagged the jewel of the east in their pocket, a massive 200 condo apartment on a huge freehold site at amber road, along amber gardens.

It was an 80:20 joint venture (JV) between Cityzens Development (CDL) and Hong Realty, a Hong Leong Group’s real estate investment arm. They have emerged as the proud winner after beating the rest of other developers during the fiercely contested tender process.

With such an enormous scale of successful en-bloc sale, every former Amber Park residents will stand to gain a significant amount of profit from this transaction. They can expect to take home a whopping $4.3 million and $8.3 million out of this deal, said Mr Tan Hong Boon, regional director of Jones Lang LaSalle. The real estate consultancy was the exclusive marketing agency for this mega deal in 2017.

location of the opus condo

With a good plot ratio of at least 2.8 in the master plan, the freehold site has a max gross floor area (GFA) of nearly 600,000 square foot. Working out to be $1515 per square foot per plot ratio for this new condominium at Amber Road.

Prices are quite bullish based on the sale price put forth by the developers but there won’t be many identical projects around this area for future redevelopment as majority of the bigger ones have been snapped up in the past and had a makeover before this. Said Mr Wilson Tan, adding that Amber Park will most likely be the last big site for collective sale in this area where it is situated.

It was being named as The Opus Condo at Amber Gardens, along Amber Road. With the approval from the building authorities underway, City Developments and Hong Leong will be having a super big plan for this exciting brand-new residence.

Collaborating with the Top Architects in Singapore, they will be constructing 4 major towers within the development, from the former original 2 blocks. It will be a 25-Storey high-end modern structure with sea view orientation for most of the residents. Accommodating staggering 800 apartment units including a basement carpark for vehicle owners.

Besides the luxurious and quality home where CDL were known for providing to home buyers, they will also be integrating a smart living environment for all residents with the advanced technological systems playing a huge role in their everyday life.

If you’re not a vehicle owner but were unable to resist the temptation of residing in a prime district 15 address, we are equally pleased to learn that the upcoming Tanjong Katong MRT Station is only less than 200 meters walking distance away from The Opus Condo. It is a Thomson East Coast Line that will ferry you into the Central Business District in five to six stations.

By now, we are pretty confident that you are well orientated in this area as Katong area is not only famous for their F&B, entertainment, recreational activities and having the east coast park by your side. It is also home to many good schools for your school going kids if you’re a parent or soon to be.

Number of public housing resale flats hitting $1 million mark in 2017

Well, time and again I’ve been hearing noises coming from different groups of people lamenting about the “high prized” HDB resale flats. Their grumbles were mostly either having missed the chances of purchasing first hand from the Housing Development Board (HDB) or facing certain financial difficulties during that very moment for a “reasonably priced” HDB resale unit (hoping for a neat profit at a later stage).

Let’s have a look at where it is happening now instead. Shall we?

There were 19 units in 2016 and having more than doubled to a total of 42 HDB resale flats crossing the S$1 million mark this year. The most expensive public housing resale flat in 2017 is no doubt from our most iconic The Pinnacle @ Duxton, a five-room unit there transacted at the price of $1.14 million. It works out to be $988 per square foot, a PSF price “similar” to many private residential properties. Beating the previous $981 per square foot recorded in 2016.

Advancing closely from behind is another five-room unit from Natura Loft in Bishan. It was transacted for a record breaking $1.18 million (in dollar value) in February this year. It is slightly larger in size as compared to the resale unit at The Pinnacle thus having a lower per square foot of $913.

Where are they located then?

WEST – Higher Million Dollar resale flats were found in 441A Clementi Ave 3 and Toh Yi Drive.

NORTH EAST – Higher Million Dollar resale flats were found in 186 & 190 Bishan Street 13 and Natura Loft.

CENTRAL – Higher Million Dollar resale flats were found in The Pinnacle @ Duxton, The Peak @ Toa Payoh and Mei Ling Street.

top 3 resale hdb flats above million dollar

Unsurprisingly, Natura Loft at Bishan has the most number of resale flats resold above a million in 2017, outpacing The Pinnacle @ Duxton by 2 more units. They have the same characteristics in terms of locale, easy access to their kid’s educational needs and other conveniences too. Peeps, are you thinking those homeowners are holding on for an even higher price to cash out or they simply love living there?

hdb resale flats above 1 million

If you’re not aware, The Peak, Natura Loft and City View @ Boon Keng belongs to Design, Build and Sell Scheme (DBSS) category. Theoretically speaking, they should command a premium against conventional HDB flats as they were built to “condo standard homes” (minus facilities) by private developers.

All of them has a common identity, being central, central enough, nice view, spacious enough, in close-proximity to somewhere and easy access to somewhere else. The only exception lies on The Pinnacle @ Duxton as it is not categorized under DBSS but a luxury public housing development sitting right smack in the heart of Tanjong Pagar. Some even went to the extent of saying it was the last present from our late Mr Lee Kuan Yew to residents of Tanjong Pagar which is under his helm for a few decades. Please do not question me on this, I’m only quoting based on hearsay too!

But with such an excellent locale, I’m sure it won’t come as a surprise that it smashes the million-dollar mark time and again. If you’re wondering how much it cost initially? Here you go, $345,000 to $439,000 for a five-room there.

However, not all who meets the basic criteria will be able to fetch such a high price and these transactions are certainly not representing the future HDB resale market. Going forward and by looking at the figures, there are only over 60 such residential units changing hands for the past 2 years. Such transactions will surely increase over the years but at a slow and moderate pace as not all of them are gunning for a handsome profit now.

Even when that happens, you need to have a mutually agreeable buyer to purchase them at over a million dollar to match. Without that, all is nothing. Why worry?

Top Real Estate Companies in Singapore as Of 2017

Let’s begin with, what is real estate business? The answer is quite simple. Any business venture that is into dealing with properties is known as real estate business. So what’s exactly is the portfolio of a real estate company? Real estate companies do everything that comes under the purview of property business. They are involved in buying and selling of properties they are involved in property marketing, the act as property developers and they also act as an agency between potential buyers and sellers. These are a few things in the large list of things that they are doing on a regular basis.

Real Estate Companies

Real Estate in Singapore:

Singapore is one of the best places in the world to carry out real estate activities. The economy and its residents are designed in such a way that they are engaged a lot in the property market. The people of Singapore have always found it promising to venture into the property market with no harm. This is the reason why there is always a boom in the real estate markets of Singapore. The potential and active real estate investors in Singapore with no doubt have seen a cool multiplication of profits as much as three-fold of their investment.

So here are some of the top real estate companies in Singapore.

Huttons Real Estate Group:

The Hutton Group has founded only a decade and a half ago in the year 2002. But has seen tremendous growth and has surpassed almost all the other leading real estate companies in Singapore. They have expanded themselves internationally with over 3000 consultants all over the world. This helps them enjoy a global-level investor base and consumer base.

Frasers Centerpoint Limited:

Second on our list is Frasers Centerpoint limited and it is one of the oldest real companies in Singapore that was founded in the year 1963. They have spread their wings globally and have their branches set in almost 80 cities in the Asian and European sectors. The company’s growth has seen no fluctuations and has always shown upward inclination.

Orange Tee Real Estate Agency:

Orange Tee Real Estate Agency primarily focusses on providing the best consultancy services to customers. With a lot of extensive research, they are able to provide their customers with the nest real estate solutions and help them buy properties that reap benefits. It is one of the fast growing real estate companies in Singapore that has gained a reputation on the global platform.

Wheelock Properties:

Wheelock Properties is the oldest of all establishments on the list. It was founded in the year 1923 and takes care of property development and various other investment decision making in the real estate markets of Hong Kong. Wheelock and Company Limited is the holding company of Wheelock Properties both based in Singapore.

City Developments Limited:

City Developments Limited, despite having seen a tough competition has managed to earn a name for itself in the Singapore property markets. As of 2017, it is found to be the best real estate company in Singapore that serves a large consumer base in the global platform as well.

Top 10 Estate Agents in Singapore

Estate Agents in Singapore

The Real Estate Market has been working really well in Singapore. The people who are the potential investors of the Singapore real estate markets have seen so much of profits in the past decade. Though property market is prone to a lot of fluctuation, it still stands as one of the best places for property investments across the globe. If we call Singapore as one of the best places for housing markets, then we must probably know how this thing works.

Estate Agents in Singapore

Why is Singapore the best?

There are a lot of factors that contribute to the growth of the real estate industry in Singapore such as the capacity of investors, the upward and enriched economy, excellent housing and property developments and so on. But the major factor is still not conveyed, that is the real estate agents and real estate company that played a major role in these markets.

These real estate agents and property developers contribute so much to the development of the real estate market. They are the ones who help the potential buyers and sellers meet. They help their clients with the best property solutions when it comes to investing in the housing markets. Real estate agents help the real estate companies to develop their properties and market it amongst the clients. Most of the real estate agents are very much aware of the current market situation and thereby they are capable of giving the right solution.

Best Real estate agents in Singapore:

Singapore housing market is a place that attracts investors from all over the globe. There are separate rules and regulations that a foreign investor has to follow in order to buy a property in Singapore. So if you are interested in investing in the housing markets of Singapore, then this is the first thing that you have to know. Here is the list of the top 10 real estate agents in Singapore. Knowing them will help you get an idea of how the market works and the right place to invest.

  1. Sg Property Home
  2. Patrik Tam Chee Tat
  3. Andee Loo Property
  4. MySgProp
  5. Roderick Chen Realty
  6. Dennis Wee Realty
  7. The StreetSine Technology Group
  8. Ohmyhome
  9. Gem Residences
  10. Launch Property

So the above listed are the top 10 real estate agents in Singapore as of 2017. They have been in the market for more than a decade, and the professionals working inside are highly trained and equipped to understand the property market and work accordingly. If you didn’t know, Singapore is also known for the realty training academy and real estate agent training centers that are highly efficient. So if a person has to become a property agent, then he has to go through these training sessions and qualify himself, before getting into the actual field. So never forget to seek the help of a real estate agent, at least when your real estate activities are in Singapore.


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