Gambas EC near Sembawang Primary School and Riverside Primary School

For the cautious developer, rescheduling a launch appears to be a favorable risk management decision. If the developer believes the market will turn for the better after two to three months, then the developer would avoid the risk of a lukewarm launch and possible adverse publicity by postponing a launch until the market conditions get better.
If a developer does not feel the market will rebound for a considerable period, deferring a launch seems like a good option. There is a chance that the strategy might even allow for tweaking of cooling measures should the economy hit a severe slump near Woodlands Ave 12 EC.

Woodlands EC Causeway Point Sembawang Primary School

Preliminary data from the URA in December 2015 indicates that there were no new projects launched in that month. Poiz Residences was the top selling project, selling 64 units at an average of $1, 430. Sky Vue came in second with 20 units sold at a median of $1, 571. Botanique at Bartley was third with 17 units sold at $1, 302. Twenty executive condo units were sold by The Brownstone at the average price of $814. This is near to schools such as the below

Riverside Primary School
Admiralty Secondary School
Sembawang Secondary School

In the private homes segment, developers enjoyed a 67 per cent year-on-year jump with 384 units sold. Only 124 EC units were bought in December, resulting in a one-third fall in sales compared to December 2014. The URA is expected to release final sales of 2015 on January 22, 2016. Developers faced with looming Additional Buyer’s Stamp Duty (ABSD) have been forced to cut house prices. Buyers have a unique opportunity to bargain on house prices starting from December 2011 when the ABSD was introduced.

Causeway Point EC Admiralty Secondary School

The stamp duty requires buyers to sell residential projects within five years of completion, and if they fail, they have to pay the ABSD. Initially set at 10 per cent, the ABSD rate was knocked up to 15 per cent from January 12, 2013. The end of 2016 marks the first five-year deadline for ABSD.
The Trilinq offers a perfect example of the rule at work. The company has a large number of unsold units currently near Sun Plaza, Causeway Point and Northpoint Yishun. In the last quarter, the company sold 20 units at an average price of $1, 329, compared a median price of $1, 545 for eight units sold after the launch of the project in 2013. As of late 2015, the Clementi project had sold 220 out of 755 units.

Sun Plaza Hao Yuan Gambas EC

Mon Jervois, another developer who might potentially attract the ABSD next year, the average price of two units sold in the last quarter was $1, 852, a sharp drop from $2, 087 median prices when the project was launched in the second quarter of 2013. Only 49 units out of 109 were sold as of late last year.Kingsford@Hillview Peak is also expected to attract ABSD early next year. Its median price has fallen from $1, 340 for 97 units sold in the second quarter of 2013 to $1, 288 for 23 units sold in the fourth quarter.In a larger perspective, only a few projects will attract ABSD in 2013 since sales were better before the second half of 2013, or before the Total Debt Servicing Ratio application as noted by the Research Director at RST, Ong Kah Seng.

Read more

Clementi Ave 1 Condo

However, these facts have not prevented auctions from being one of the best and easiest ways to turn to in case of a default on the side of a borrower. This can be ascertained by the said increase in listing. In fact, Knight Frank’s will hold such an auction from Wednesday at the Amara Hotel commencing at 2.30 PM. On the list are the following properties:

Along the Kranji Link is an incomplete factory in Clementi Ave 1 Condo. This factory is among those on the Knight Frank’s list. The property is quite large. It has a warehouse, an ancillary office and a worker dormitory. They are all four storey buildings. The property being sold on an ‘as-is-where-is’ and being 107,640 sq ft. in size, attracts quite a good price of US$3.5-4 million. It has been categorized as Business 2 zone. It has a floor area to land area ration of 2.5. For the sale to be complete, it is needed that one obtains the Jurong Town Corporation approval as the property is leased from this corporation.

Clementi Avenue One Condo Auctions

Another Singland Homes Clementi Ave 1 Condo property that Knight Frank will auction is two units that are adjacent to each other. One is 194 q ft while the other is 172 sq ft. they are located at the Ming Arcade.Another mortgagee sale that is on the Knight Frank’s list is a shop unit at the Parklane Shopping Mall in Selegie Road. Located on the second floor of the mall, the hop is 258 sq ft and the indicated price is US $ 430,000-450,000. The mall has 57 more years to go in balance on the lease.

Knight Frank has also been tasked with auctioning a freehold property at the Sovereign in Meyer Road. The property has four bedrooms in Singapore Land Singland Homes. In addition it has a utility room. Located on the 21nd floor, it is going for between US$430, 000 and 450,000 as the indicated price. In addition, it still got tenancy in it.

Offer Price for West Coast Plaza UOL Condo

There is also a three story house that is semidetached in design that is up for an auction sale by Knight Frank. It I located in the chestnut/dairy area specifically the in Jalan Emas Urai area. In size, it IS 2,725 sq ft in size and comes with a 999-year lease. It also has a lift, an open roof terrace, four bedrooms and a maid’s room. Its guiding price is in the sum of US$ 3.6-3.8 million.On the 27th day of January, a two storey building, freehold in nature with a detached house will be auctioned by the Coliers International. It is located in the 45 Moo Chew Road in the upper East Coast/Bedok South area for Clementi Avenue One Condo. In size, it is 7,543 sq ft in size with seven bedrooms, a maid’s room and a study room. It guiding price is US$ 9.5 million.

Colier will also sell by auction a two storey terrace house. It is a freehold property, on sale by the owner and with a price tag of US$ 3.45 million. It is located at Bedok Walk. In size, it is 3,664 sq ft with four bedrooms and a maid’s room.

Singland Homes Clementi Ave 1 Condo

The last property in Clementi Ave 1 Condo the Coliers listing is the sale by a liquidator on the 15th floor of high street center at us4 1.35 million. An auction of a mortgage of about 807 sq ft unit located in The Interlace in depot road will be conducted. The indicative price is US4 1.2 million.

The JLL auction will also conduct several auctions on the Jan 28th. First is a 1,130 sq ft unit located on the 7th floor of Jardin on the Dunearn road. It has two bedrooms and a study center. The guiding price is between US$ 1.8 to 1.9m million.The last property is a 1,259 sq ft unit with 3 bedrooms and a maid’s room. It is located in Bayshore, and has a balance lease term of 76 years. It has a price ranging between US$ 1.15 1and 1.2 million.

Read more

Dairy Farm Residences | The Estuary |  Forestville | Sant Ritz | Ecopolitan | J Gateway | Kensington Square | The Panorama | The Hillford | Lake Life | City Gate | Westwood Residences | Bellewoods | Bellewaters | The Terrace EC | Botanique @ Bartley | Symphony Suites | The Vales EC | Wandervale EC | Thomson Impressions | Parc Life EC | Highpark Residences | Cairnhill Nine | Parc Riviera | Sol Acres | Inz Residence EC | Carpmael 38 | Kingsford Waterbay | Signature at Yishun | The Criterion EC | The Alps Residences | Forestwoods | Queens Peak | The Navian | Amber 45 | The Verandah Residences | Nim Collection | Martin Modern | Le Quest | Bukit 828 | The Hyde | Seaside Residences | Fourth Avenue Residences | The Garden Residences | Uptown @ Farrer | The Gazania | Midtown Suite | Artra Condo | Canninghill Piers | 8 Saint Thomas | Grange 120 | The Tapestry | Park Colonial | Riverfront Residences | Jadescape | Boulevard 88 | Arena Residences | Parc Clematis | Riviere | Midwood | Avenue South Residence | Midtown Bay | Piermont Grand | Kopar @ Newton | Klimt Cairnhill | Phoenix Residences | Canninghill Square | Belgravia Ace | Tengah EC | Yishun EC | Jalan Tembusu Condo | Bukit Batok EC | Ang Mo Kio Condo | Jalan Anak Bukit Condo | Slim Barracks Rise |