All posts by Michael Jones


I do believe that the major selling point is the estate status of the development. I do assume that as a growing number of leasehold advancements age across Singapore, we will see even more circumstances of land being returned to the state. The recent failed attempts of advancements like Mandarin Gardens to press via a collective sale does prove a factor that there will be leasehold growths that will certainly run their complete period to expiry.

The next marketing factor will be the lack of brand-new stories of land around. As discussed in my previous evaluation of The Jovell, there are nothing else stories of land that will be released. The only way that there will certainly be brand-new property units in the location will be if a developer acquires a growth in an en bloc sale. There is an all-natural catchment area just north of Parc Komo which ought to provide need for units that are up for rent. Changi Airport is expanding and also the moving of Paya Lebar Air Base to Changi will certainly lead to even more demand for real estate in the location. Also, with the intro of Gem at Changi, this area is seeing some renewal of passion.

The growth is a combined growth as well as there will certainly be 28 business units situated within Parc Komo. This need to be useful for residents although it stays to be seen whether these units can be full of good tenants. There are lots of instances of mixed developments refraining particularly well, specifically in today’s ever-changing digital landscape where shopping is interrupting conventional retail.

Parc Komo Condo Facilities


From this factor on, there is no more any type of ROF. Flats that stay unsold will certainly simply be offered for open reservation, throughout the year. That indicates it’s a great deal much easier to obtain a level in immediate circumstances, as you no more demand to wait on February or August to participate in an ROF.

The federal government has actually simply presented a variety of brand-new actions, which ought to thrill some individuals seeking a level. Besides junking the Re-offer of Equilibrium Flats (ROF), there are currently much more real estate choices for unwed moms and dads, as well as an improved Silver Bonus offer and also Lease Buyback System for older Singaporeans:
For those of you that really did not understand, the Re-offer of Equilibrium Flats (ROF) was a twice-a-year workout in February and also August. The ROF workout merged all the apartments that were still unsold after a Sales of Equilibrium (SBF) workout, as well as placed them up for grabs. Candidates would certainly sign up, pay and also management charge, and also if shortlisted reach select a level (based on their line number and also the system accessibility).

Individuals that take advantage of this are the ones that require their level today, and also couldn’t care less concerning waiting on their excellent launch website. They can search from he swimming pool of readily available apartments online, as well as publication on a first-come, first-served basis. You may check out Parc Komo.

Much more real estate choices for unwed moms and dads
In information that makes certain to irritate the judgemental kinds, HDB is currently friendlier to solitary unwed moms and dads. Formerly, this team of residence customers had 2 public housing alternatives:

Either get a resale level (pricey), or acquire a two-room flexi-flat in a non-mature estate. Solitary unwed moms and dads additionally needed to be 35 years of ages, prior to they might purchase a level. You can find out more regarding the poor old days in our previous short article.

Any kind of solitary unwed moms and dads that can not pay for a level can still be thought about for public service (they require to seek advice from HDB; it gets on a case-by-case basis).
Enhancements to the Silver Real Estate Perk as well as Lease Buyback System

Currently, solitary unwed moms and dads are permitted to purchase a level from the age of 21. They can additionally acquire three-room BTO apartments in non-mature estates, in addition to the previous two-room as well as resale choices.

2 existing plans, the Silver Real Estate Perk as well as Lease Buyback Plan, have actually been improved. The detail for Parc Komo price is available as reference.

The Silver Real estate Benefit, began in 2013, supplies a cash money reward to older Singaporeans that are scaling down. They might obtain a money perk of approximately $20,000, by scaling down right into a three-room or smaller sized level, as well as covering up their CPF.

Under the improved system, elderly people no more require to be relocating right into a smaller sized level to get approved for the reward; they certify as long as their following house is a three-room or smaller sized level (e.g. they certify even if they relocate from a three-room level right into an additional three-room level).

Additionally, the money perk is currently increased from $20,000 to $30,000.

The POUND permits level proprietors, that are 65 or above, to market part of their continuing to be lease back to HDB (e.g. if you are 70 years of ages as well as alone, you possibly do not require the continuing to be 50-year lease on your level; you might also offer it off and also have an even more comfortable retired life).

The quantity they require to cover up to their CPF (from the sales profits of their previous level) is currently up to $60,000 just. Formerly, if the internet sales earnings were above $160,000, they would certainly require to make an extra top-up to get to the Complete Retired life Amount (FRS).
Old woman
On an additional front, the Lease Buyback System has actually boosted benefits.

The perk for offering back your lease has actually been enhanced by 50 percent from the old quantity. It’s currently as complies with:

The ROF workout merged all the apartments that were still unsold after a Sales of Equilibrium (SBF) workout, as well as placed them up for grabs. That suggests it’s a whole lot simpler to obtain a level in immediate circumstances, as you no longer requirement to wait for February or August to take component in an ROF.

Either purchase a resale level (costly), or get a two-room flexi-flat in a non-mature estate. Solitary unwed moms and dads additionally had to be 35 years old, prior to they might get a level. I really feel required to inform you that, if you market back your lease by means of LBS, you can not offer your level later on.

I really feel required to inform you that, if you offer back your lease by means of LBS, you can not offer your level later on. I would certainly be reluctant to do this for very preferable, mature-location apartments; you never ever understand if a person may come along as well as supply you also more cash to purchase it).

Three-room as well as smaller sized apartments– approximately $30,000 money reward
Four-room apartments– as much as $15,000 money bonus offer
Five-room and also bigger apartments– approximately $7,500 money perk

More Economical Time Share in property purchase

A time share condominium is another good alternative to having a getaway aside from buying time shares from resort and trip service providers. Time share condominiums are typically opted to by people who wish to spend their vacations in amazing areas for less than what they generally need to invest at a normal time share resort.

Typically, time share condominiums are more comfortable and less costly and if you sign up with a good exchange program, you might be spending a time with your household in an excellent vacation resort.

A time share condo is also joint ownership of real property. It is a kind of real estate where all the partners’ jointly own common portions such as leisure areas while other locations like home systems are owned separately.

Time shares can be offered in condominiums or condominium hotels. The difference between the 2 is that apartments are less costly than a condo hotel. While condominiums are typically located in residential areas a condominium hotel is you own a suite or a specific room in a significant hotel.

Owning a time share condo operates on the very same essentials as owning a time share resort where the cost of preserving the location is shared by all owners.

Unlike owning a time share from getaway providers where the area is thought about as a prime area raising the cost of home, time share condominiums lie in areas where land is not as pricey contributing for the distinction in rate.

Time share hotel apartments on the other hand have actually progressed as preferred and more comfortable second homes to its time sharers. The appeal of the hotel apartment time share is that, when you buy a hotel condo system, you have access to your home whenever you want unlike the resort time share where normally, you can just access your residential or commercial property throughout the weeks that it is assigned to you. Another function of the hotel apartment time share is having it placed into a rental swimming pool throughout the times that you are not utilizing them.

The biggest appeal of owning a condominium unit in a hotel, especially if it is managed by a popular hospitality group, is the numerous weeks that it will be rented will be creating income that can offset the expense of owning a getaway home. The majority of arrangements are split 50/50 by the hotel management and the owner although there are hotel apartments that use plans that are more beneficial to the owner.

Time share hotel condominiums on the other hand have developed as preferred and more comfy second houses to its time sharers. The appeal of the hotel condominium time share is that, when you acquire a hotel condo system, you have access to your property whenever you want unlike the resort time share where normally, you can just access your property during the weeks that it is appointed to you. Another feature of the hotel condominium time share is having it placed into a rental swimming pool during the times that you are not utilizing them.

Canberra Park is expecting a Executive Condominium

Parc Life area is beside the Canberra Park. This park has a complete location of 1.5 hectare and also appropriates for every ages. It has a multi-sensory play frameworks that is interesting various detects. Furthermore, Canberra Park obtained a $2.2 million remodelling increase in the year 2014 to change right into today’s outstanding entertainment and also area center. Parc Life EC supplies a complete variety of day spa experiences that nothing else condo have. It has a Light Medspa Pavillion, Rainfall as well as Buddies Day spa, Hydrotherapy Medspa, Vapor Health spa, Yard Medspa, Play Medspa as well as Children Bubble Health facility. Really indulging and also lavish experience to have.”

Frasers Centrepoint Limited and also Keong Hong Holdings Limited collectively created Parc Life Exec Condo at 21 Sembawang Crescent Singapore 757053. This Sembawang EC contends overall variety of 628 residences. It includes 2 bed room to 5 room kind. Parc Life valued at $596,820 for a 2 bed room at 753 square feet. The 3 room access rate is from $704,620 for 958 square feet as well as the 4 bed room is opting for $980,000 for 1270 square feet.

All devices in Parc Life are splashed right into 3 various groups of kind called Viva, Panorama and also Verandah. The Viva variety has a really typical format similar to any kind of normal apartment. The View, has a lengthy terrace that covers the whole living and also eating location. The kitchen area, has a modern-day layout with glass panelling to make it possible for the residence manufacturer to peek right into the living-room while in the kitchen location. The Verandah array, is one of the most recommended selection, has actually a connected living-room veranda to kitchen area. A modern-day premium cooking area principle is likewise shown in Verandah array with complete panel of glass dividing the cooking area as well as living-room. The 3 room Verandah is going from $805,560 onwards.

Parc Life showflat will certainly stop opening up from 9 October 2017 at Sembawang Crescent

Regarding Terrace EC Developer

The Terrace EC Developer, Peak Square Pte Ltd under the parent company of Kheng Leong Pte Ltd has been Singapore’s property forerunner since 1963. It is the country’s registered international property and Hotel Corporation involved in hotel ownership and management, real estate development and investment, facilities management and the provision of hospitality solutions. As a leading Singapore’s proprietor. It holds a remarkable record of developing over 34000 comfortable and quality homes all over the varied market segments.
It also owns about 7.2 million square feet of floor/lettable industrial, retail, area of office, residential and hotel space within the country and around the globe. Amid private developers in Singapore, city developments limited owns one of the largest land banks nearing 2.4 million square feet, which can be possibly established into over 7.9 million square feet of gross floor area.
To contribute to social corporate responsibility, Kheng Leong has been committed to sustainability and is currently taking the lead in maintaining Singapore’s environment since the 1990s. Kheng Leong is likewise a founding member of Singapore Compact for CSR In 2009 and 2011, it emerged as the only developer to be given the Built Environment Leadership Platinum Award and Green Mark Platinum Champion Award, respectively. This was given by the building and construction authority (BCA), the governing of Singapore’s built environment.  In 2013, CDL was the first developer to receive the prestigious Quality Excellence Award — Quality Champion (Platinum) and Construction Productivity Award — Advocates (Platinum) from BCA. is one of their award winning development recently in the region.

What are the necessities in building a home

Kovan area, which holds Stars of Kovan, has a great deal of amenities,the biggest of all, the Heartland mall. This mall consists of four floors which house shops, supermarkets, tuition block on the fourth floor and a cold storage room. This is really a plus when it comes to living in the area. There are also a number of nearby service outlets that provide good customer service.

Next, good schools. Building a home brings the need of having kids to warm your days, these kids need to be provided with quality education for a brighter future. Kovan area seems to have taken that into consideration and provided the area with good schools. There is the Xinghua primary school and Yuying secondary school which provide good quality education. You don’t have to worry about sending your children to study far away because in Kovan you are handled.

Thirdly, worship places. Mostly people are religious and they have their supreme being whom they worship. In your home, a place of worship should be situated in a comfortable distance to allow you to continue with your religion. Kovan has wonderful worship places for almost all the religions. There is St. Paul’s Chapel for the Christians, Buddhist Union for those who worship Buddha, Jin Xuang temple and mosques for Muslims.

Fourly, security. Every individual loves to live a life knowing that they are safe from any form of crime or violence. Security has always been a number one issue in everybody’s mind. The idea that your belongings are safe from theft or break-ins, come home late and arrive safely. Kovan area is a silent suburb which is very safe and secure. Your security is guaranteed because Kovan residents are peaceful and respectable people. The availability of police and law enforcement officers in the area also allows for proper security measures to be undertaken to ensure your security as a resident.

Five, building. Everyone desires to live in a classy building. A building which gives them a good value for their money. Stars of Kovan is tailored to suit the people’s needs. It boasts of the best layout in the whole of Kovan and it’s neighborhood. The building construction is done by the best contractors under a great competent management which will ensure that a perfect condominium will be completed by the year 2019. Stars of Kovan condominium will have spacious hospitable units which will suit your needs.

Understanding Why Investors Are Buying Sim Urban Oasis

As an honored company that has also been given an award for being the best developer, GuocoLand makes spaces for individuals to live, play and work The Organization is conferred in its endeavors to create outlines and to incorporate naturally supportable components in its property development to lessen negative effect to the earth GuocoLand additionally guarantees that business operations completed are naturally feasible. Additional step had been taken to create structures that conform to the rules set by neighborhood building dominant voices in which the Group works in, and is generally perceived for its eco-accommodating recompense winning advancements

Good housing with the cool environment is what an average human being desire to experience Nobody on Earth wants to live in the slums, however, lack of financial freedom is a factor that has made many people live in places that they don’t wish to be in Despite the increase of real estate business that has created the competition in the housing sector, good houses have emerged in many towns across the world making life simply enjoyable regarding shelter Unfortunately, not all houses that are built with modern technology will provide the best condition that you require In this case. Sims Urban Oasis seems to be the best solution for you It is built with modern technology that meets all the requirements that are put in place by the concerned authorities in the building and construction sector Apart from meeting the requirements, Sim Urban Oasis is situated in the best location that enables all the tenants to gel essential services from the nearby town

There are crucial things that an individual should check before renting any house These include roads, hospitals, schools, recreational realities such as stadiums and parks, and more importantly the availability of shopping facilities such as supermarkets and mails that acts as the main source of food supply Luckily enough, Sim Urban Oasis has all these important requirements for its tenants It is very close to Marina Bay Sand.

The availabilities on the units can be found on this website link

New Launch District 11 Strata Landed – The Whitley Residences

There is good news in store for people going on a wild spree for house hunt at Singapore. To fullfill your cherish dream of owning freehold Semi-Detached House and Terrace located at Whitley Road in District 11 is within the reach of your budget. The Whitley Residences, is the apt place to have a heavenly abode. This is being widely recognized as the hotspot for prospective buyers.

The peaceful environment and comfortable commuting options are enriching the Whitley Residences at Singapore. These Residences are just a stone’s throw away from MRT Station. This project comprises of 58 units of Semi Detached Houses and 3 units with Terrace. Manifold feeder bus services nearby these Whitley Residences are an added star for the resident’s convenience for commuting. Noted Educational institutions such as Saint Joseph’s institution, Catholic Junior College and Anglo-Chinese School, are just a few footsteps from this residency.
The Whitley residences is popular among property buyers for its strategic location and proximity to Ten Tock Sen Hospital and the Maritchie Reservior Park. The rising popularity among buyers for this project is availability of bigger space at lesser costs, multiple gardens and play area and a clean and fresher atmosphere for the good health of their elders in their families.
The quintessential idea is to provide a quality living. The Whitley Residences veritably stands for comfort. Its strategic location facilities and easy connectivity is another milestone. The Whitley Residences would continue to stand testament to our commitment as the best housing. This is the best investment which has potential for the future. The Whitley splendid Residences will pay you more than what your money can buy.

Considering factors on the selection of unit in Royal Square

In summary, when choosing the best layout for selecting a unit in Royal Square think of an efficient layout which means there should be no wasted space on extremely large hallways and rooms should be large and spacious. there should be provision of split rooms each having their own walls, there should be sufficient lighting – have big windows that bring in natural sunlight during the day.

These are just but some considerations one has to make when picking which unit best suits them and their business. There are of course many more considerations depending on the taste and needs of the client and how pocket friendly the prices are to the client. Visiting of other suites will enable one to have a rough idea of how they want their unit to look like so visit that next door suite that has just been built even though you are not making a purchase to get a feel of what it is you want.

Investing in Royal Square is however a worthy investment as one is assured of a steady flow of retailers and buyers and also it will be easy to hire personnel in a fast growing place such as Novena Singapore thus a decision to invest should be made without hesitation.  The growth of Novena can be found in

The restaurants with unit size ranging form 21 to 248 square metres are located on the first two levels strategically located to offer convenience to patients from the Health facility or general public in the development interested in shopping in the facility. The square is a strategic shopping center due to its proximity to the many residential areas of the city like District 11 and it’s role as a healthcare destination not only in the country but globally, hence offering a broad customer base for the investors.

The medical suites will be located from the 7th to the 21st floor and the hotel will be on the 23rd to the 33rd floor to offer a calm, convenience and serene environment for the patients the patrons in the hotel and also to reduce the number of people that gain access to those sectors when they are not required to be there. Investments in the medical suites and the hotels is strategic considering most of the visitors to the area are of the mission of seeking either healthcare or education based on the healthcare sector and it would b e convcenient for them to reside within proximity to the medical institutions and the Royal Square offers such. On the 6th floor there would be space for open terrace restaurants with sizes of 240-455 square metres. Restaurants are always of great demand in areas with high traffic flow of people and as such would be an advisable investment offering catering services to the expected many tourists, locals and people seeking medical care.

Thomson Impressions – Living within the nature enclave

There are only a few developments in Singapore that enable you to enjoy the paranomic view of the nature.  To name a few, Adana @ Thomson, Meadows @ Peirce, the former Longhouse (acquired by TEE Realty) are the few privileged ones to have the nature living just outside their home.  Thomson Impressions is another fabulous condo that is able to enjoy the nature.  MacRitichie Reservior and Upper Peirce and Lower Peirce Reservoir are nearby to this new launch project.  More information, you may visit

Macritchie Reservior

Relaxing views of MacRitchie Reservior