Singapore Property Review

The following developments are handed over for those who can take over the units before the Chinese 7th month, this year:- 1. Changi Rise Condo (Just TOP a few weeks ago) 2. Goldenhill Park Condo (TOP a few months ago) 3. Goldenhill Villas (Just TOP, this week) 4. Amaranda Gardens (TOP a few months ago) 5. Springside Walk Villas Others: Looks like Nuovo EC is ready but, TOP is just a stone-throw away! In my opinion, this EC took quite sometime. But in my opinion, in long term, because of it's proximity to the MRT and Yio Chu Kang market plus schools, a very good buy for first time home owners. Congratulations on new home owners! who are collecting their keys. BTW…

Dear All, In my opinion, Housing Development Board (HDB) Executive Apartments similar to Executive Units 44 and Unit 56 is "inauspicious". If one looks carefully in the illustration, the edge of the master bedroom toilet (external wall) of Executive Unit 48 is aimed at the frontage area of Unit 44. While Executive unit 52's external wall is aimed at the frontage of Unit 56. Warmest Regards, Cecil Although it is not directly aimed at the main door, it the bulk of the flow is concentrated within the main door area. It will affect the main door since the `cutting' sha qi is wide and "penetrating". Erh.. good luck to those staying at Unit 44 or Unit 56 of Block 502A (12 store…

Another 999 year leasehold condominium of 24 units, sold at a 100 percent premium over what each unit could have had fetched on it's own.

ARE YOU PAYING MORE THAN WHAT YOU SHOULD FOR THAT PROPERTY? IS IT THE RIGHT TIME TO BUY? Another good tool to guage property prices is by looking at the Property Price Index. For example, if one had purchased a private property between 1998 and 1999; this was one of the best times to do so. As the private property price is lowest for quite sometime close to the 100 percent mark. If one looks at the graph, 2001 and 2002 seems quite good since for 4th quarter 02, it went to one of the lowest at 115.1 percent. In my opinion, perhaps if more and more condos are built, we could find the private property prices fall to as low as the 60 percentile mark as in 1983/1984 or lo…

Since the contract to built the Circle-line is confirmed; try to do some homework to see if your current; future home falls within the vicinity of an MRT station within the circle-line:) Cheers! More resources on the Circle Line:- http://www.sla.gov.sg/announcement/circleline.html http://app.internet.gov.sg/scripts/lta/corp_press_content.asp?start=805 Circle Line Stage 3 - MRT STATION LOCATIONS The alignment and location of the stations of CCL Stage 3 have been finalised. This stretch of the CCL is 5.7 km long with five stations at the following locations: NEW ? Bartley Road, near Maris Stella High School ? Serangoon MRT Station, an interchange station with North Ea…

This is an interesting letter to: Streats Magazine dated 31 July 2003. If you have the time, do read it.....

This is an interesting article on the significance of moving-in; buying a property during the 7th month : Can or cannot? and more...

This freehold property is a standalone `point-block' building. (More details can be found under the attached article: Source & credit - Today's Newspaper) As mentioned in past messages, the most simple of designs. Where air or qi flows all around the block.

Dear All, Another good indicator when house-hunting (especially for more afforadable 99 year lease) apartments is to take note of: 1. "Unsold" units in a development that had already obtained TOP for more than 1 year and yet no take up for "choice units" as found under this relatively new developer's developments:- http://www.ntuc-choicehomes.com/available.htm Here, they have listed three `not so' hot selling properties especially Tropical Springs and Rivervale Crest:- 1. Tropical Springs It should have been a good sell considering that it is in walking distance of the Simei MRT station. But, yet choice units remained unsold. 2. Rivervale Crest I had…

Location: 1 Amber Road Street directory map:- http://www.streetdirectory.com.sg:8080/map.jsp?x=35255.9000&y=31246.7900&postal=439845&level=7&star=1&heading=1%20AMBER%20ROAD,%20AMBER%20POINT%20(439845) Developer: Vermilio Investment Pte Ltd (Allgreen Properties Ltd) Tenure: Freehold TOP: in 1990 Total units: 100 units comprising 3, 4 rooms and Penthouse units This is one of the few developments in Singapore that has an arch:- http://www.allgreen.com.sg/website/images/p_amberpoint_closeup.jpg The advantage of this type of layout plan is that it is purely an earth shaped. But the main advantage is that the lower floors (except for the penthouse) is much l…

This is an interesting article about the name of a newly launched condo development.... I just passed it this afternoon. Hmm.... so far, no smell yet;( http://www.botanical-online.com/thebiggestflower.htm

Dear Koh, I believe that many of the readers in this forum are adults or at least adults. I have to apologise first, if you are not. This is because, what I am going to say may not appeal to the young. This is because, although it is right to say that Jade (or an object of jade is considered priceless) but; many are not aware of the "bad mouth" associated with Jade. If you are too young to read this... please close this message immediately.... STOP... Here goes... Perhaps Geylang will always be a red light district is because of it's association with Jade. Although many of us think that Jade is priceless, but if one research further it has SEXUAL connotations. Jade which…

Dear Kohsy, Yes, at the moment, because Geylang is a red light district. And, in my opinion, it looks like this red light district is going to stay for sometime. I believe that, in the next 10 to 15 years at least, this red light district will still be around - geylang. It is not like the government can simply relocate it to e.g. Pulau Ubi etc... Yes, and because of this reasoning; and in a recent documentary, some residents (females) who stay in condos in geylang were asked for such services. As a parent, we are already concerned about our children's education. We do not want to have additional concerns about their `safety' right at our door steps. Many of us cannot affo…

Case Study of Oasis Garden freehold Apartment ======================================= Purpose of this case study: In examinations, we often review the past year questions. And see how best we can approach to maximize our answers. This is an extract of the information put up by the Source and Credit: ---------------------------------------- The Sole Marketing Agent, Sieow Teak Hwa of Teakhwa Real Estate PL at 9858 0900 or 67771008. Email teakhwa@starhub.net.sg Company Name: Teakhwa Real Estate Pte Ltd Country: Singapore Tel: 65 - 9858 0900 Fax: Nil Contact Person: Sieow Teak Hwa Email: teakhwa@starhub.net.sg ======================================== Collective Sal…

Dear All, 1. Often, when a developer borrows financing from a bank to fund a condominium project; the bank does it's own calculations for each unit to be sold by the developer. 2. In fact, the banker will normally calculate out the cost of bidding/tender for the site and advises the developer; what is the mininum selling price for each unit. 3. To safe-guard the bank, often, the bank will require the developer to maintain the minimium price - so that the bank will not make a loss on the funding. 4. Sometimes, if one is fast enough; one can seek out bargains. But often, unfortunately, the bargains are for smaller units e.g. 2 rooms or studio ones where often the p.s.f can …

Many condominium developers use the service of this furniture company to supply: doors, wardrope cabinets, vanity tops, kitchen cabinets.... XXXX is a homegrown, listed company:- http://www.xxxxx.sg/residential/accomplish.htm Often, if your condominium use this company; one can often see the hinge of the inside door tagged with their destinctive "xxxxx" label. Their most recent site work includes: Costa del Sol, Yishun Sapphire and Lilydale Executive Condo. They also do work for Hotels, banks, retail and service industry etc.... Warmest Regards, Cecil Lee P.S. Last updated on 8 October 2020. Removed the URL. As can no longer find the url. As lif…

The Sim Lian Group is an up and coming developer. Their url: http://www.simlian.com.sg Previously; little known to many, it is a main con as opposed to being a developer. Overall, having seen many of the developments which it is th main con; I am very impressed by their build quality. In the past, even developers like MCL Land, use the company as the main con for their Seletar Springs condominium. Here, this low rise development has roof structure made of (steel) as opposed to wooden plank roofs etc... Many of it's projects are for the statutory boards owned by the government:- http://www.simlian.com.sg/CorpInfo/Construction/SLC/projects.htm It is worth to note that it's…

The Yardley Site Plan In reference to my previous comments, if one examines the compass orientation on the site map:- http://www.mclland.com.sg/property/dreamhomes/theyardley/theyardley_siteplan.asp I personally find that many of the units here are not to my liking, as a significant number of them (in my view) will receive direct morning to noon sunlight from the East, and in the evening, many walls will also be exposed to the West (afternoon sun). At times, the heat can linger until 7 or 8 pm in the evening. (There is no concern if rooms are exposed to afternoon sunlight - and if one can afford air conditioning... then, that is acceptable!) Specifi…

Dear Ellen, Yes, this is a very old estate in Macpherson/Circuit Road area. For circuit road, I am not too sure, but one fine day; if the economic picks up, it may get re-developed like in Toa Payoh. And those who stay there may get priority for new flats in this area. (Please do not take my word for it. I am just guessing. Please rely on govt/HDB's word for it. I believe it is not blk 121 (the units facing Paya Lebar Way road) as this is one of the most nosiest blocks (vehicle noise pollution) around. This is further fueled by the long stretch of this block that helps to retain and magnify such sounds. Warmest Regards, Cecil

Dear Stan, Yes, earlier, I do agree with your dad that the earlier unit is much better unit based on my earlier reasons. With respect to this two new units; please note the following:- 1. My views are strictly related to top-view shapes and forms. For example, it does not relate to the level / storey of the apartment; any tall lone trees or any other sha qi. 2. I personally prefer 805 next to Peiying Primary School as it seems able to catch in `qi' from all directions in a balanced way. 3. Furthermore, the most attractive thing is not so much of FS, but rather the close proximity to the Khatib MRT station. But do check out what is the `penetrating' noise level in the unit…

Dear Wasis, Picture of Capital Towers building, Singapore:- http://www.skyscrapers.com/re/en/wm/bu/106364/ Picture of UOB Tower 1 http://www.skyscrapers.com/re/en/wm/bu/106470/ Picture of OCBC Building http://www.skyscrapers.com/re/en/wm/bu/106520/ (The DBS Tower 1 and Tower 2 are rectangular in shape and thus earth element shape. This site has a description of DBS Tower 1 but no picture of it) Furama Hotel in Singapore has roof shaped in the profile of fingers of a hand http://www.skyscrapers.com/re/en/wm/bu/106517/ (In the past, I had taken a picture and uploaded to the conference Photos with interest (with pictures) The Petronas Tower Tower 1:- …

Dear All, In the early 1980's, when I did my reservist training; during defence exercise at Sembawang/Yishun; some of the troops doing defence work; while digging defensive trench, found a wood coffin. This area is closer to Sembawang Park/upper Yishun or Yishun North area. There is really no issue with this. Often, it is best that proper rites were performed and locations should be cleansed of all burial sites. This is more important for the first few years prior to the built up of flats in Yishun. Today, or by now, all yin qi should have been cleansed since Yishun now is a hive of human activity; vehicular movement and much yang activity. In fact, many parts of Singapor…

Dear All, Development: The Pier Condominium at Robertson Developer: City Developments Ltd (CDL) (A subsidiary of Hong Leong Group) Website: http://www.cdl.com.sg Location: Robertson / Mohammed Sultan Road Tenure of Land: Freehold Expected TOP: 31 March 2007 (but often can be completed within two plus years from now - better confirm with developer as this is only my opinion :) Units: 201 units comprising a mix of 3 room apartments, 2 rooms, 1 rooms. And 12 food and beverage outlets. This is one of the most interesting condominiums around that are available for purchase this year. Please look at the attachment: thepier2a.gif - Look carefully and you can see the profile whic…

Dear All, Punggol (Edgefield plains) Govt Housing Development Board flats (HDB) Many of these new generation HDB flats face each other. Many are entrapped i.e. in very close proximity and has no view other than looking into other apartments. This is the general area where all these new flats are clustered together:- http://www.streetdirectory.com:8080/map.jsp?x=36220.7008101852&y=42206.2093460648&level=7&star=1&xyfile= Not all face inwards, but it seems a majority are facing each other. Air flow is often at the mercy of specific timing or sometimes, it just flows past some units. Many of these flats TOP in 2002 and lots more TOP this year and the next. Gen…