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Our residential property specialists are there to assist you in your search. From luxury homes to exclusive new condos and projects off the plan we market a few of the most desired properties across Singapore.

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Our in-depth knowledge of the local market, together with our extensive network of offices around the world, means that we have the ability to match property to the best possible buyer.

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LATEST NEWS

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The Opus Condominium will be launching in Singapore

Property owners must always delve into the superiority of the surrounding environment of their targeted home sweet home. The property owner is also required to observe to the point of having adequate sociable services within the immediate region for their family’s comfort.

Prior to building of The Opus Condominium, the builder has already gotten the required statistics information on the region. They will be sitting directly in the heart of Tanjong Katong, the opus condominium will certainly be the next great freehold titled contender in the vicinity while you’re out searching for a suitable house for your loved ones.

The builder of the opus condo is targeting to release the units for sale in the second half of 2018. There will be many former residents of Amber Park coming back to purchase another home for themselves after the successful collective sale in 2017 to City Developments Ltd and Hong Leong.

It is really an exceptional building and at the perfect site with a sea view to die for, the condo is also in close-proximity to the new Tanjong Katong MRT station, easily accessible for all residents in a short stroll distance away. You can also travel by car via the East Coast Parkway (ECP) when you’re leaving for work and it will only take you a mere 10 minutes’ drive into the city centre.

Besides the fast connectivity, residents of the opus condo are also very near to Parkway Parade shopping mall where you’ll be served by the immense superb quality of shops, food establishments and other top-notch services such as weekly groceries shopping that you could find there. It will save you a lot of the hassle without the needs of travelling far for such basic daily tasks.

In addition to parkway parade, there are several other malls in the same precinct such as I12 Shopping Mall and Katong Shopping Centre located a stone’s throw away along the Mounbatten main road. Within the complex, you’ll be able to find some hardware shops, clinics, maid agencies for your convenience and air-conditioned eating house. It is also one of the first few shopping complexes to be built in the early Singapore era with big department stores.

If you are feeling tired and restless after a long day at work, you could also opt to have a leisure walk with your family members across the street where you will have one of the best beaches in the east of Singapore. It will be your only avenue to escape the hustle and bustle of daily hectic life here.

The east coast park is just so near to the opus condo and no only does it provide recreational activities for all visitors, there are also numerous food establishments around the coast line for your enjoyment. It will be the perfect park for your family outing during the weekends.

It couldn’t be any better to spend the day with your loved ones while overlooking at the vast sea!

Price of Margaret Drive New Release Condo

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Price of Margaret Drive New Release Condo

Singapore – One of the most hotly contested land sales in recent years, happened to be along Margaret Drive in Dec 2016, receiving the highest bid of $238.39 million. The intense bidding war came from a total of 14 real estate industry firms, it signifies a very strong demand and the increase of local developer’s appetite on the government land sales programme. After winning over 13 other competitors during the tender exercise, it was awarded to MCL Land (Regency) Pte Ltd, a wholly-owned subsidiary investment arm of MCL Land Limited.

Going forward, the site of this new development has been named as Margaret Ville. It will be the latest project site on MCL Land’s pipeline ever since the successful releases of several others seen in other districts. Almost all of them are 100% fully sold at the time of writing and developer is eagerly pushing this out for sale in the hope of riding through the buying momentum in the current market.

However, due to the arrival of our Chinese New Year in mid-feb, a traditionally quiet period when most of the people are out celebrating on the happy occasions instead of visiting property showrooms. The official indicative prices will only be announced after the public holidays when all their souls are back to normal as well. If you are really keen in booking a unit there or to receive the latest updates on this new development, we suggest you contact them as early as possible from now onwards to gather the price of Margaret Ville Condo.

This project site is located strategically at Margaret Drive, along Commonwealth Avenue at Queenstown Singapore. Exactly in the mid-point of both Queenstown and Commonwealth MRT Stations. A few minutes of walking distance to either station will connect you to the rest of the island conveniently. If you came from other country and isn’t very familiar to the community here, you may draw some ideas of this estate from the Master Plan below.

queenstown master plan

As you can see from the plans above, our government is constantly redeveloping and injecting new infrastructures into this matured neighbourhood as homes in this area are highly sought-after due to the proximity to the city. There will certainly be a lot more to offer to the residents when all the recreational facilities construction completes.

If you are an investor looking to invest in this rejuvenating area, this new development by MCL Land has great upside potential in the mid to long term. It is not only near to the Central Business District (CBD), One-North Business Park where the clusters of Advanced Technological Companies, Media Industries and Biomedical Science gather, it is also not far away from the next exciting Business cum Commercial District in Jurong Gateway.

If you’re not aware, the 90 minutes high speed rail from Kuala Lumpur to Singapore and vice-versa will be built in Jurong East as well. (Jurong Lake District Master Plan).

If this information is not convincing enough, please contact them for Margaret Ville Price now!

Hype Behind Collective Sales Fever

Singapore enbloc fever landscape

 

Hype Behind Collective Sales Fever

 

What is behind the hype this time round?

Since May 2017 and for more than a decade of silence, numerous private property developments were put up for en-bloc sales process, with a whole lot of other estates following through in the fad.

2017 will be the third biggest year for collective sales (based on value), churning out thousands of overnight millionaires in the short span of 6 months and more going forward. While many were celebrating their sudden windfall gain unexpectedly, many market watchers have raise worries and concerns over such phenomenon on a broader perspective.

Approximately 2,700 private properties have changed hands via collective sales as of date, compared to only about 600 apartments sold in 2016. It has already exceeded more than S$6 billion in total value from the time of writing, after the S$11.7 billion and S$9.3 billion in 2007 and 2006 respectively.

Prime Minister Lawrence Wong from the National Development has attributed this to a couple of reasons in the Parliament on Monday. Of which is the hunger coming from many developers with low and dwindling land banks to levels seen during 2007. Coupled with the strong increase of sale activities in 2016 and 2017 in the primary market (new project launches), supply levels have been narrowing down to a mere 17,000 units as compared to 40,000 in 2012.

Additionally, land acquired through en-bloc sales provide local developers with more different varieties including freehold land sites than what the states land bank were providing (99-year leasehold) which proves to be long insufficient.

From the 16 developments sold en-bloc to date in 2017, there were only 2 sites going to foreign firms. Chinese builder Kingsford and Hongkong listed builder Logan Property, whom both acquired Normanton Park at S$830 million and Florence Regency at S$629 million respectively. Local players will have a slight advantage over foreign rivals in stocking up their land banks from this option as it is often a lengthy period of negotiation to the clearance of sale.

Besides the need of replenishing their land banks, the other motivated condition comes from the successful sales activities seen in the last few quarters, therefore encouraging current owners of ageing homes to monetize their beloved assets by initiating the process through committees formed. Some homeowners may also have been spooked by the announcement recently, that expiring leasehold properties will have to return to the government upon expiry and probably no chance of lease renewal.

Many of those sold or in the pipeline were HUDC flats (Housing & Urban Development Company) and this year or next could spell the end of the journey for them. Out of 18 HUDC estates built in the 1970s, 12 (five in this year) of them have already been sold while the remaining 6 is in the collective sale process now.

 

steps to sell via enbloc

 

While there are many happy new millionaires basking in joy, blowing their trumpets in triumph, there are also the minority, whom opposed to selling via en-bloc as they are not willing to be disrupted in their everyday lives just for a few dollars more among other personal reasons. However, if the majority stakeholders voted positively and pushed ahead with the collective sale agreement and found a buyer within a year, approval from the Strata Titles Board, then it is going to be a more-or-less sealed deal although homeowners who do not agree can still raise their objections.

While everything remains to be seen but it seems like the end of the HUDCs are coming near.

So what is your view on this? Would you rather have more older estates or are you looking forward to redevelop ageing and underutilized land while driving urban renewal in our city state?

 

Best Place to Live in Singapore for Tourists

Marina Bay Sands Hotel, Marina Bay

Singapore is a tourism-accommodating country drawing in an expansive number of tourists every year. It offers a variety of attractions to appreciate and consequently guarantees a lovely experience to everybody. With interesting Chinese and Indian restaurants, brilliant historical centers, incredibly famous eateries and awesome shopping malls, there’s plenty here to keep you occupied for days. Here is a list of places to live in Singapore for tourists.

Marina Bay Sands Hotel, Marina Bay

Marina Bay Sands Hotel, Marina Bay:

The Marina Bay is more than just a hotel. It is a Singapore institution. With clearing views of the Singapore River, the hotel is a piece of a greater resort comprising of a clubhouse, a sky-stop, a shopping mall, a tradition center and a gallery. Its 2560 rooms are designed in chic, present-day moderate style, removing nothing from windows casing the dazzling Singapore horizon, and waterfront. This top of the line lodging gives visitors access to seven celebrity chef-run eateries, a Banyan Tree spa, and an enormous pool set down 57-stories over the ground.

Pan Pacific Orchard Hotel, Orchard Road:

Situated along the shopping street of Orchard Road, Pan Pacific Orchard Hotel Singapore was voted one of Singapore’s Top 10 Luxury Hotels. The hotel is inside strolling separation to the city’s vehicle framework, vacation spots, restaurant and entertainment regions.

All 206 guestrooms and suites are outfitted in the Pacific shades of warm golds, rich grays, and blues. Pleasantries incorporate en-suite lavatories, shower comforts, Nespresso coffee and tea making facilities. Visitors are provided with high speed unlimited mobile internet with a handy mobile phone that enables global calls to 15 nations.

Wangz Hotel, Chinatown:

Located in a territory recognized for its diverse mix of Art Deco and Straits Settlement style, this 41-room boutique hotel has an exceptional design. Wangz Hotel is effectively open to real vacation destinations as it is strategically placed in the core of the city. Extensive guestrooms are exquisitely built. Extravagant washrooms are additionally noteworthy with branded shower amenities and floor-to-roof windows with a different slow down highlighting a rain-shower.

Moevenpick Heritage Hotel, Sentosa:

Sentosa is off the southern shore of Singapore city, and this re-established provincial time building is extraordinary compared to other spots to check into on the island. Located opposite to Imbiah Monorail Station, the 190-room inn is a 10-minutes’ walk from Universal Studios. The rooms have level screen TVs, rock restrooms fitted with soak-in tubs and separate showers, and floor-to-roof windows with phenomenal perspectives.  A spa, meeting room and exercise center are its additional features.

Parkroyal on Kitchener Road, Little India:

Deliberately situated on the edge of lively Little India and by the 24-hour shopping heaven of Mustafa Center, PARKROYAL on Kitchener Road Singapore is the perfect base for both business and recreation voyagers. The Farrer Park MRT prepare station is not as much as a 2-minute walk from the inn and a direct train ride to nearby attractions, including Clarke Quay, Chinatown, and Sentosa Island.

10 Best Real Estate Developers in Singapore

Real Estate Developers in Singapore

The land or the property showcase in Singapore has recently seen noteworthy development. Singapore being a standout amongst the most blossoming and extending economies in Asia as well as in the whole world makes it a positive and favored goal for business and trade. You will find famous organizations with a worldwide base having a branch or office here, including land organizations.

Real Estate Developers in Singapore

Huttons Real Estate Group:

Since the establishment of the company in the year 2002, it has a steady growth from a team of associates and agents to a massive company with 2000 agents and consultants. The organizations have accomplished proficient excellence in outfitting a various scope of land administrations including ‘ventures showcasing,’ ‘business deals and renting,’ ‘private deals and renting,’ etc.

Orange Tee Real Estate Agency:

The Orange Tee Real Estate Agency is the brainchild of Leon Low who is a recognizable name in the real estate market. He is very much regarded by one and all in the land business not just in light of his broad experience and skill in managing real estate properties, yet in addition as a result of his open and genuine approach.

Frasers Centrepoint Limited:

Frasers Centrepoint Limited is undeniably one of Singapore’s best property organizations. They put resources into, create and oversee properties through three key specialty units – Singapore, Australia, and Hospitality.

City Developments Limited:

City Developments Limited has an overall nearness with business premiums in more than 20 nations spread over Australia, Europe, Asia, North America, and New Zealand. It has finished working more than 22,000 all around outfitted homes in Singapore.

Wheelock Properties:

Originally known as Marco Polo, Wheelock properties is a trendsetter in the construction of luxury condos and apartments. It has a concrete place in real estate market with the development of Ardmore Park, Ardmore II, and Scotts Square.

CapitaLand Limited:

The company is based in Singapore and was founded in the year 2002. CapitaLand is one of the biggest real estate companies in Asia. The company constructs most of its properties in Singapore and China. It builds homes, offices, malls, and serviced residences.

Far East Organization:

Far East Organization is the biggest developer and promoter of private property in Singapore. It was incepted in 1962 by Singaporean billionaire Ng Teng Fong. It has completed over 500 projects in Singapore, particularly in Oxford Road.

Qingjian Realty (South Pacific) Group Pte Ltd:

The Qingjian Realty (South Pacific) Group Pte Ltd is an auxiliary of the Qingjian Group Co. Ltd. Furthermore, has enhanced business interests including advancement of modern and business land ventures. The Olympic Sailing Center and the Liuting International Airport are two of its historical point ventures.

The Straits Trading Company Limited:

The Straits Trading Company is headquartered in Singapore with business interests in various Asian nations, Australia, other than Singapore. The organization established the path in 1887 as a tin refining concern. It differentiated into land and cordiality parts in the last 50% of the twentieth century.

Surbana Corporation Pvt Ltd:

Surbana International Consultants has assumed a noteworthy part in changing the urban scene of Singapore in recent years. It has built over a million homes in Singapore and has been a key player in the Housing and Development (HDB) open lodging segment.