Provence Residence developed by MCC Land a New EC At Canberra Link

[vc_row][vc_column][vc_single_image image="13224" img_size="full"][vc_empty_space][vc_column_text]

Provence Residence EC is one of the residential EC sites situated in Canberra Link under the Sembawang planning area. It is within 5-6 mins walk to the upcoming Canberra MRT station along the North South MRT line.

Provence Residence is tucked in the exciting new estate of Canberra at Canberra Link of District 27. The new executive condo is proudly developed by MCC Land Pte Ltd. The Provence Residences EC is surrounded by a handful of amenities and eateries which are mostly new.

Residents are within walking distance to the Canberra MRT station that serves the North-South Line and drivers can easily access the SLE which is a 7 minutes drive away as seen in Provence Residence

Canberra is close to Canberra Walk and Canberra Link. The area has good connections with the nearby HDB town of Yishun and Sembawang. It is close to CBD and enjoys a strategic connection to a desirable residential area with many services and facilities that will benefit future residents of Provence Residence.[/vc_column_text][vc_column_text]Find out More at https://bit.ly/ProvenceEC[/vc_column_text][vc_empty_space height="8px"][vc_column_text][content_block id=12977][/vc_column_text][vc_column_text]Next to Parc Canberra EC - showflat tour ep02 - parc canberra ec @ canberra by hoi hup.
first look at parc canberra ec. parc canberra review, how to select the best units - 3 bedroom + utility + yard. for more details on parc canberra ec

which unit to choose in parc canberra ec? parc canberra executive condominium located just 350m away from the nearest canberra mrt station demand for parc canberra is expected to be strong. Just across the road from parc canberra sits the upcoming bukit canberra.[/vc_column_text][vc_empty_space height="8px"][vc_column_text][content_block id=12980][/vc_column_text][vc_column_text]Keywords - Parc Canberra EC, Showflat, Tour, Singapore condos, condo TOP 2020, HDB EC launch, new condo launch 2020, new EC launch, upcoming EC, Singapore property, new launch condos, new launch EC[/vc_column_text][vc_empty_space height="8px"][vc_column_text][content_block id=12982][/vc_column_text][vc_column_text]keywords- Provence Residences Executive Condo, HDB for sale, hdb to condo, upgrade hdb to condo, singapore property investment, parc canberra showflat, ola executive condo, parc canberra, singapore property 2020, parc canberra balloting, singapore property for sale, hdb landed property[/vc_column_text][vc_empty_space height="8px"][vc_column_text][content_block id=12984][/vc_column_text][vc_column_text]Canberra Condo - one canberra: condo singapore, high floor 3 bedder unblock landed view ($1. executive condo - one canberra (just mop) high floor 4 bedroom resale.

one canberra - resort style condo near mrt for sale ($990k, 3br, 1055sf) by ong yu rong.

this 1 076sqft executive condominium is located at 13 canberra drive and it's a few minutes walk to canberra mrt.

one canberra is a premium riverfront living development located along canberra drive in district 27.

showcasing this huge executive condominium (ec) unit at one canberra this exquisite 4 room unit has recently pass its minimum occupation period (mop) this september.
this strategically located ec is near to the new canberra mrt and nearby shopping malls like sembawang shopping centre canberra shopping centre and northpoint city...
residents of 1 canberra would not have to travel far to get their basic necessities as everything is close within their reach.[/vc_column_text][vc_empty_space height="8px"][vc_column_text][content_block id=12987][/vc_column_text][vc_column_text]Canberra Condo, sg, sgunited, madeinsingapore, hymkpropertyplace, topproducer, bto, hdb, mop, woodlands, angmokio, sales[/vc_column_text][vc_empty_space height="8px"][vc_column_text][content_block id=12975][/vc_column_text][vc_column_text]Executive Condo - executive condo (ec) still can buy in 2020?

piermont grand: could this be the most luxurious executive condominium in singapore? singapore condo property tour: belysa executive condo (3 bedroom).

5 advantages of executive condo (ec) over private condo.

subsidised housing like hdb bto or even executive condos are not for everyone...

3 pros and cons of executive condominiums [you must know before considering to buy].
another selling point of this executive condo is its accessibility.

one canberra condo home tour: 3 bedrooms executive condominium in district 27[/vc_column_text][vc_empty_space height="8px"][vc_column_text][content_block id=12986][/vc_column_text][/vc_column][/vc_row]

Huttons conducts private preview on 18th March for Walden Thonglor 8, Bangkok Thailand with a Webinar for the public

[vc_row][vc_column][vc_single_image image="13105" img_size="full" alignment="center"][vc_empty_space][vc_column_text]SINGAPORE 18th Apr 2020 - Huttons conducts private preview on 18th March for Walden Thonglor 8, Bangkok Thailand with a Webinar for the public[/vc_column_text][vc_column_text][content_block id=12975][/vc_column_text][vc_empty_space height="8px"][vc_column_text]

Up to 100 Peoples including Agent attended the first ever Webinar Session held by Huttons

[/vc_column_text][vc_column_text][content_block id=12977][/vc_column_text][vc_empty_space height="8px"][vc_single_image image="13139" img_size="full" alignment="center"][vc_column_text]Topic: Thailand Real Estate - A Special Market Update for COVID-19 & Beyond + A Special Preview of WALDEN THONGLOR 8

When: Sat 18 Apr 2020 at 2:00 PM (Singapore Time)

Speaker: Lionel Yong
Head of Business Development (Thailand)
Huttons International Pte Ltd[/vc_column_text][vc_column_text][content_block id=12980][/vc_column_text][vc_empty_space height="8px"][vc_column_text]Many insights was shared in the Webinar to Update on COVID-19 Situation on Property Market in Bangkok Thailand[/vc_column_text][vc_column_text][content_block id=12982][/vc_column_text][vc_empty_space height="8px"][vc_column_text]Here is Some Basic Information on Walden Thonglor 8 - It is an exciting new Bangkok residential launch by Habitat Group in joint venture with List from Japan. It comprises a single low-rise building with only 8-floors and 117 FREEHOLD condominium units.[/vc_column_text][vc_column_text][content_block id=12984][/vc_column_text][vc_empty_space height="8px"][vc_column_text]Over here, very feature is designed to give you more control of all facets of your rich and full modern life and enhance your every perception and sensory connection. The grandeur of space is further enhanced with the unique interlocking design, giving a 3.45m ceiling height next to the window.[/vc_column_text][vc_column_text][content_block id=12987][/vc_column_text][vc_empty_space height="8px"][vc_video link="https://youtu.be/SLSyLzjwBYA"][vc_column_text]Read more of Walden Thonglor 8[/vc_column_text][vc_column_text][content_block id=12986][/vc_column_text][/vc_column][/vc_row]

Keppel Land conducted private preview for 19 Nassim on 20 to 22 March

[vc_row][vc_column][vc_single_image image="13088" img_size="full" alignment="center"][vc_empty_space][vc_column_text]SINGAPORE 20th Mar 2020 - Keppel Land conducts private preview from 20 to 22 March[/vc_column_text][vc_column_text][content_block id=12975][/vc_column_text][vc_empty_space height="8px"][vc_column_text]

Spokeperson from Keppel Land shared that they have conducted private preview for the project on 20 to 22 March

[/vc_column_text][vc_column_text][content_block id=12977][/vc_column_text][vc_empty_space height="8px"][vc_column_text]This Private Preview is organised for “parties who had expressed keen interest in the development”[/vc_column_text][vc_column_text][content_block id=12980][/vc_column_text][vc_empty_space height="8px"][vc_column_text]With the Covid-19 outbreak getting worse, Singapore Announces Circuit Breaker To Minimise Spread Of COVID-19[/vc_column_text][vc_column_text][content_block id=12982][/vc_column_text][vc_empty_space height="8px"][vc_column_text]Developers in Singapore were then told by the Controller of Housing to close all show galleries for residential projects from 7 April to 4 May, reported The Business Times.[/vc_column_text][vc_column_text][content_block id=12984][/vc_column_text][vc_empty_space height="8px"][vc_column_text]Keppel Land said that it will be temporarily closing its showflat for 19 Nassim for a month until 4 May.[/vc_column_text][vc_column_text][content_block id=12987][/vc_column_text][vc_empty_space height="8px"][vc_column_text]Unless the Circuit Breaker Measure were to extend, else we should be seeing the Showflat opening to the public soon with extra precautionary to prevent any COVID-19 infection[/vc_column_text][vc_column_text]Read more of 19 Nassim[/vc_column_text][vc_video link="https://youtu.be/eSpRZ8zTsHY"][vc_column_text][content_block id=12986][/vc_column_text][/vc_column][/vc_row]

Sunset's quiet charm still shining brightly

[vc_row][vc_column][vc_single_image image="13097" img_size="full" alignment="center"][vc_empty_space][vc_column_text]Sunset Way has not changed much - and that's why many like it

Change, does not come often in this neighbourhood on the west side of Singapore named after the fading rays of the sun, likely named in 1968 because the area commands a panoramic view of the setting sun[/vc_column_text][vc_column_text][content_block id=12975][/vc_column_text][vc_empty_space height="8px"][vc_column_text]

Sunset Way, the only road into the residential neighbourhood of housing blocks and landed homes, is located off Clementi Road, a threelane road with seven bus services, although none go into Sunset Way.

[/vc_column_text][vc_column_text][content_block id=12977][/vc_column_text][vc_empty_space height="8px"][vc_column_text]Ki Residences is located within the Sunset Way enclave designated for two-storey bungalows and private residential developments.[/vc_column_text][vc_column_text][content_block id=12980][/vc_column_text][vc_empty_space height="8px"][vc_column_text]

Read More on Ki Residences Development

https://www.propertyfactsheet.com/properties/ki-residences-at-sunset-way-by-hoi-hup/

[/vc_column_text][vc_column_text][content_block id=12982][/vc_column_text][vc_empty_space height="8px"][vc_column_text]Said one of the resident of the area: "It's a family type of place and people are friendly and we like it because it is very green and quiet and the air is quite clean."[/vc_column_text][vc_column_text][content_block id=12984][/vc_column_text][vc_empty_space height="8px"][vc_column_text]The area sees minimal road traffic as there is no reason for outsiders to flock to the area, apart from visiting friends.[/vc_column_text][vc_column_text][content_block id=12987][/vc_column_text][vc_empty_space height="8px"][vc_column_text]Another Resident, sums up the neighbourhood where he has lived for three years: "It is not that glamorous that anyone would come here from other parts of Singapore. It's pretty uncommercialised and that's what we like about it."[/vc_column_text][vc_column_text][content_block id=12986][/vc_column_text][/vc_column][/vc_row]

Wing Tai sells 70% of The M condo during Public Launch

[vc_row][vc_column][vc_single_image image="13047" img_size="full" alignment="center"][vc_empty_space][vc_column_text]SINGAPORE 22th Feb 2020 - The M Condo at Middle Road open for Sales[/vc_column_text][vc_column_text][content_block id=12975][/vc_column_text][vc_empty_space height="8px"][vc_column_text]

Wing Tai Asia sold 70 per cent, or over 360 units over the weekend, even amid the ongoing coronavirus outbreak.

[/vc_column_text][vc_column_text][content_block id=12977][/vc_column_text][vc_empty_space height="8px"][vc_column_text]Units were sold at an average price of $2,450 per square foot.

The M is the first major private residential development opened for public preview since the outbreak started in earnest in Singapore.[/vc_column_text][vc_column_text][content_block id=12980][/vc_column_text][vc_empty_space height="8px"][vc_column_text]The M @ Middle Road condo will be comprised of three 20-storey residential towers and a block of low-rise apartments, all found above a commercial space that stretches over 16,000 square feet.[/vc_column_text][vc_column_text][content_block id=12982][/vc_column_text][vc_empty_space height="8px"][vc_column_text]Ms Stacey Ow Yeong, head of marketing at Wing Tai Property Management, said the majority of buyers are Singaporeans in their 30s and 40s, comprising both owner-occupiers and investors.[/vc_column_text][vc_column_text][content_block id=12984][/vc_column_text][vc_empty_space height="8px"][vc_column_text]“Many of them were drawn to The M’s prime location in the Ophir-Rochor Corridor, which is rapidly transforming into a vibrant, mixed-use and eventually car-lite district, our unique work-life design concept and our reasonable pricing,” she said.[/vc_column_text][vc_column_text][content_block id=12987][/vc_column_text][vc_empty_space height="8px"][vc_column_text]The condominium is expected to be completed by the first quarter of 2024.[/vc_column_text][vc_column_text]Read more of The M Condo @ Middle Road Bugis By Wing Tai[/vc_column_text][vc_video link="https://youtu.be/vuqefms8Pg0"][vc_column_text][content_block id=12986][/vc_column_text][/vc_column][/vc_row]

Luxury condo Cuscaden Reserve in Orchard Road Private Preview 14th September 2019

[vc_row][vc_column][vc_single_image image="12937" img_size="full" alignment="center"][vc_empty_space][vc_column_text]SINGAPORE 14th September 2019 - Private previews for condominium Cuscaden Reserve in the heart of Orchard Road with exceptional Preview Price[/vc_column_text][vc_column_text]You may like : Only Clementi Condo for Sale in 2019 - Parc Clematis[/vc_column_text][vc_empty_space height="8px"][vc_column_text]

Singapore luxury property developer SC Global Developments, Hong Kong-listed developers and hotel operators New World Development and Far East Consortium won the tender for the 99-year leasehold site with a joint bid of S$410 million in April last year.

The bid set a new record for residential government land sales sites. The offer translates to $2,377 per sq ft per plot ratio (psf ppr) and trumped eight other bidders.[/vc_column_text][vc_column_text]You may also like : Whistler Grand next to upcoming CBD[/vc_column_text][vc_empty_space height="8px"][vc_column_text]The 117m-tall building at 8 Cuscaden Road in District 10 will have 192 units, which include one, two and three-bedroom variations. Most units will have private lift lobby access to the apartments.

Located beside the upcoming Orchard Boulevard MRT Station on the Thomson-East Coast Line, the condo is also a stone's throw away from high-end restaurants, hotels and lifestyle amenities.[/vc_column_text][vc_column_text]Read more of Cuscaden Reserve by SC Global located along Cuscaden Road[/vc_column_text][vc_video link="https://youtu.be/YgOuhR4ikMM"][vc_column_text]Read Also : Latest Updated New Launch in the WEST [/vc_column_text][/vc_column][/vc_row]

The Leisure Guide to Phnom Penh Cambodia with stay at The Bridge Residential or SOHO Unit

The Leisure Guide to Phnom Penh Cambodia with stay at The Bridge Residential or SOHO Unit

Contact me @ http://bit.ly/WhatsappAlvinTaySingaporePropertyAdvisor And indicate "CambodiaInvestment" to get detail information on Property Investment in Cambodia

Phnom Penh is one of South East Asia’s most dynamic and fastest- Growing cities offering plenty of opportunities for work and play.

Here’s your practical guide to exploring the city regardless of how much free time you have in between meetings or work

If you have two hours only,

Consider taking your morning gym routine outside a leisurely jog along Sisowath Quay. Enjoy the Breeze from Tonle Sap River as you pass by landmarks like the stunning Royal Palace and the colonial-Style bar and restaurant foreign correspondents’ club. End the run with coffee and breakfast at the riverside outlet of Brown, a home grown cafe Chain.

If you are looking for something to do midday, head to the largest market in the country, central market. You can buy everything from jewellery and fresh food to sarongs and souvenirs but even if you’re not looking to shop, the architecture of this cross-shaped building and it’s central dome is a sight to behold

If you have half a day, can consider these activities

Cambodia has some of the most spectacular sunsets in the region, and the capital you”LL find numerous viewing decks from which to enjoy the nightly show. Among the more intimate is juniper Gin Bar, an Art Deco -Inspired rooftop bar with dramatic vistas of sundown over Phnom Penh’s vast urban sprawl.

If you are a big gin Fan, head over to the seekers Mekong gin distillery, Cambodia’s first premium gin company.the spirit is crafted with 11 native botanicals including Pandan,kaffir like lead and green oranges, as well as spring water sourced from the mountains of nearby kampot province. Sign up for a private masterclass where head distiller alfie amayo will give you a tour of the distillery and guide you through tastings and the making of a cocktail.

If you have a full day,

As the construction boom rolls on and modern towers reach new heights, Phnom Penh’s skyline is rapidly transforming. But iconic structures built in the ‘60s, in what’s known as the new Khmer architectural style, remain some of the city’s most defining features.

Khmer architecture tours conducted private and small group tours of the city’s gems. Led by academics or architects, you”ll be taken along a route peppered with buildings designed by vann Molyvann, Cambodia’s most revered architect who is often described as “the man who built Cambodia”. These include the Royal University of Phnom Penh, the fan -shaped chaktomuk conference hall and the national sport complex that can seat 60,000 people

End the day at bassac Lane. Once a residential neighbour of narrows streets and tight alleys, it has morphed into a hub of trendy micropups. Stop for a drink at Le Boutier - a sleek three-story bar that pays tribute to Cambodia’s golden age of rock ‘n’ Roll in the ‘60s. It might sound like a kitschy concept with drinks named after famous Khmer Singers but no mistake - the mixologists here know how to make a mean cocktail.

In case you are looking for a place to stay over, do consider the following development

The bridge Residential and SOHO unit which has completed around 2 years.

You can get a decent place yet very affordable In a prime location.

It is just Mins North to Sisowath Quay and to the West is the BKK1 where you will many nice eateries.

Prefers to dine and shop in a Shopping Mall, just right below would be the bridge lifestyles mall.

And if you are looking for one that’s is bigger, can head south to the first Aeon Mall in Cambodia.

Looking for Investment Opportunity, Do Consider The Peak which is next door to The Bridge

For More information on Peak Residential
https://www.propertyfactsheet.com/properties/the-peak-cambodia/

For More Information on Peak Retail Shoppes with 10 years Guaranteed Rental of 55% total and managed by CapitaLand

https://www.propertyfactsheet.com/properties/the-peak-shoppes-in-cambodia-managed-by-capitaland-integrated-with-shangri-la-hotel/

Contact me @ http://bit.ly/WhatsappAlvinTaySingaporePropertyAdvisor And indicate "CambodiaInvestment" to get detail information on Property Investment in Cambodia

__________

Check out more Cambodia Video Here - https://www.youtube.com/playlist?list=PLe4pS4CXz4Lr9HB4eY-lkphk6NyX48zpg

▶DONT CLICK THIS - http://bit.ly/2KfM03m
★Official Network Channel★ [SUBSCRIBE]: http://bit.ly/YoutubeChannelSubscribeNow

#LeisureGuide #Cambodia #PhnomPenh

Why I Don’t Buy Resale Private Property in Singapore ?

[vc_row][vc_column][vc_column_text]

 

In this video, Singapore Property Advisors Alvin Tay will discussed on Why he Don’t Buy Resale Private Property in Singapore ?

Contact us @ http://bit.ly/WhatsappAlvinTaySingaporePropertyAdvisor

Whenever I meet my clients who are actively searching for a home, they will probably have a set budget and location in mind. They will do their own research, comparing sizes and psf pricing and start to make a shortlist.

While on their research, they realize that “Eh, I can actually buy this older resale property – which is far bigger, has more developed transport links and great location!

So is Resale Properties better ?

Check out the Video to have a some good insights

This interest in the private property resale market is very common because usually for the same price of a new launch development, it is possible that one can get an older private property that is bigger and even likely to be a freehold development.

However for someone like me who has seen many different transactions, there is a distinct disadvantage of considering older private resale units over new launch developments today.

Buying a property is a significant purchase – whether is it for own stay or for investment purposes. We want as much as possible to be on the positive side of the equation.

I believe we are at this juncture – where you can easily take advantage of rising prices in a new launch private residential development.

For new launch

-Prior to completion, you are on progressive payment

-No surprise liability to take on within the 12 months defects liability

-no renovation needed unless you want additional ID

-enjoyed everything brand new

-Quantum may even be significantly lower

-Efficient layout

In Conclusion

If you are considering to purchase a property – either for your own stay or investment purposes – I ask you to seriously consider new launch developments. However I must also state that some new launch developments might not be the best buys either.

No matter what your goals are – whether is it retirement planning, upgrading or investment purposes – being able to purchase the RIGHT property that can adequately hedge you against the detrimental effects of inflation can be highly beneficial.

If you have intentions to enter the property market, you are welcome to contact me to arrange for a detailed financial assessment and to discuss what options are possible for you.

Contact us @ http://bit.ly/WhatsappAlvinTaySingaporePropertyAdvisor

DISCLAIMER:

ALL INFORMATION PRESENTED IN THE VIDEO ARE BASED ON PERSONAL OPINIONS AND ALVINTAYSINGAPOREPROPERTYADVISOR IS NOT LIABLE FOR ANY LOSS OR EXPENSES WHATSOEVER RELATING TO INVESTMENT DECISIONS MADE BY THE AUDIENCE. THE IDEAS PRESENTED HERE ARE FOR REFERENCE AND EDUCATIONAL PURPOSE ONLY. ALL COPYRIGHTS RESERVED.

(Dated As of 3/1/2020)

__________

Check out more Vlog Video Here - https://www.youtube.com/playlist?list=PLe4pS4CXz4LotPIRbw_44AVo31kcf3rsP

▶DONT CLICK THIS - http://bit.ly/2KfM03m

★Official Network Channel★ [SUBSCRIBE]: http://bit.ly/YoutubeChannelSubscribeNow

#Huttons #SingaporePropertyAdvisor #Singapore[/vc_column_text][/vc_column][/vc_row]

Seven Quick Property Tips to Spot a Good Residential Investment Unit in Singapore

 

In this video, Singapore Property Advisors will talk about seven quick property tips to spot a good residential property unit in Singapore

Contact Us at http://bit.ly/WhatsappAlvinTaySingaporePropertyAdvisor

1 ; Follow other successful property investors

While it’s isn’t good for herd mentality, this is one move that’s always useful for beginners looking for an investment unit.

Look around for a veteran investor, whom you consider fairly successful – they don’t even need to be at the top of the property game, just more experienced and with a better track record than you.

Look in the same general areas that they do, and try to find out which properties they’re interested. Chances are, they know something that you don’t.

For New Launch, we sometimes see project that sell very well and some that don’t do well.

J Gateway launch in 2013 and all 738 units were snapped up at the development's preview launch and there must be reason why so many buyers came together to buy on the day itself.

2 , Check the vacancy rates

A lot of investors check rental yields in an area. That’s useful, but seasoned landlords are also careful to check vacancy rates when scouting for an investment property.

This is a more immediate indicator.

For example, if there are high vacancy rate in one area. It can be a good clue that things might not be as good, despite the usually high rental incomes associated with the area

For new launch which has no past track records, we usually base on nearby existing project as a gauge to its future potential rental

3 , look for schools in the vicinity and not just “elite” schools

You probably know that if you live near a particular primary school, your children are more likely to get in under the distance from home to school priority balloting

As such, there’s always good demand for homes near “elite” schools. But even if a school is not as famous, it still benefits the landlord.

The reason is that, if the family’s children attend the nearby school, they’re less likely to want to move. That results in longer leases.

4 , Look for the “ripple effect”

When one particular neighborhood upgrades, and the prices rise, there’s often a ripple effect in surrounding areas. If you can move early, and buy before the ripple hits, you could see some nice gains.

A simple way to do this is to compare transaction prices in one area, to those of surrounding estates. A common precursor to the ripple effect is when you spot a price disparity of five per cent or more, between one area and the neighborhood next to it.

For new launch, we take references from land purchase price. If your interested project land was sold cheaper than the next door land, that’s could potentially mean your properties purchase price will have a disparity in prices (Taken into account that developer profit margin remain the same)

5 Visit property auctions to snag a bargain price investment property

Do drop by during mortgagee sales. While there’s no guarantee you’ll always get a good price, you might find the occasional fire sale – this is when a property has become too costly for its owner, and they’re eager to sell it quickly.

If the reserve price is not met during the auction, remember to approach the sellers directly if you can. They may accede to a private deal with you.

6 Look for aging properties, in neighborhoods with slated upgrades

No, this is not about hoping for an en-bloc sale (although that possibility exists). It’s about rental yield. Remember, tenants don’t really care about how many years are left on the lease – all they care about is convenience and comfort.

This means that an older property – if it’s in the right location – could generate the same rental income as comparably newer properties.

Given that its price is lower due to age, you would effectively have a higher rental yield.

But you need to ensure that the price of maintenance or restoration isn’t too high. Also, you must be sure of its rentability, as it’s not easy to sell a property with an expiring lease.

7, Look for major infrastructure development

Prominent examples of this include the High Speed Rail (HSR) in Jurong, the Johor Baru-Singapore rapid transit system in Woodlands; lesser examples are the emergence of new MRT stations or roads. In general, property prices in Singapore are closely tied to the government’s infrastructure initiatives.

If you have intentions to enter the property market, you are welcome to contact Singapore Property Advisors to arrange for a detailed financial assessment and to discuss what options are possible for you.

Contact Us at http://bit.ly/WhatsappAlvinTaySingaporePropertyAdvisor

DISCLAIMER:

ALL INFORMATION PRESENTED IN THE VIDEO ARE BASED ON PERSONAL OPINIONS AND ALVINTAYSINGAPOREPROPERTYADVISOR IS NOT LIABLE FOR ANY LOSS OR EXPENSES WHATSOEVER RELATING TO INVESTMENT DECISIONS MADE BY THE AUDIENCE. THE IDEAS PRESENTED HERE ARE FOR REFERENCE AND EDUCATIONAL PURPOSE ONLY. ALL COPYRIGHTS RESERVED.

(Dated As of 2/1/2020)
__________

Check out more Vlog Video Here - https://www.youtube.com/playlist?list=PLe4pS4CXz4LotPIRbw_44AVo31kcf3rsP

▶DONT CLICK THIS - http://bit.ly/2KfM03m
★Official Network Channel★ [SUBSCRIBE]: http://bit.ly/YoutubeChannelSubscribeNow

#Huttons #SingaporePropertyAdvisors #Singapore

How to buy your next property without ABSD

 

In this video, I will talk about a few solutions on

“How To Buy Your Next Property Without Additional Buyers’ Stamp Duty in Singapore”

The key is the word “Your” which refers to your family as a whole which I will be discussing on maximizing each individual in your family to own a maximum 1 property without ABSD

There are generally 3 ways such that we can reduce or pay no ABSD on subsequent residential property purchases as a couple or family.

Number 1 , Decoupling

As a couple, if you own one property under both name, you can consider to remove one of your names from the existing properties such that the other person can buy another property as his or her first property.

There are some potential costs to be taken into consideration in decoupling:-

* the Transferor may be subject to Seller’s Stamp Duty on the share transferred if the Transferor purchased the property less than 3 years ago;

* ABSD is payable on the value of the share transferred if the Transferee has more than one property;

* if the decoupling transaction is done within the lock-in period for the bank loan, then the bank may charge a penalty;

* if the Transferor had initially used CPF funds in purchasing the property, the CPF funds and accrued interest have to be refunded into his CPF account. Usually, the Transferee would obtain a fresh loan to pay for the purchase of the share transferred in his favour. From the proceeds of the sale, the Transferor would refund his CPF monies, pay for his share of the outstanding bank loan and retain the balance. The fresh loan obtained by the Transferee should be in a quantum that is also sufficient to refinance the Transferee’s own share of outstanding bank loan; and

* the total legal costs will be about $5000 to $6000.

Number 2 ; Purchase Under Trust

Another way of not paying ABSD as a family, is to purchase the next property on trust for a beneficiary (Usually your children) with zero property count. If the beneficiary has zero property count, no ABSD is payable.

Buying under trust means one of the parents would appoint themselves as trustees who have legal ownership and control of the property.

As trustees, they have duties to manage and administer the property for the benefits of the beneficiary.

There are benefits to this arrangement.
* The property held on trust is shielded from division upon the divorce of the trustor. i.e. the person who establishes the trust. This means the property set aside in the trust for the child will never be subject to division on the trustor’s divorce. This protection cannot be secured by a will, which can be revoked any time.

* It is also shielded from division upon the divorce of the beneficiary. This is useful for those who wish to give their assets to a child with assurance that the gift will not be distributed to unintended third parties if the child eventually marries and divorces.

* The beneficiary may be a minor i.e. below 21 years of age. There is no restriction on the minimum age of the beneficiary.

* The trust need not to be registered and hence confidentiality may be maintained.

* This arrangement is inexpensive.

Legal costs is about $2,500 onwards depending on the terms of the trust.

Number 3, Plan ahead, buy in the right name and shareholding

Whenever it is financially viable, properties may be bought in sole names.

If this is not possible (for example, the banks require justification of higher income or the CPF monies of a co-purchaser is required for down payment or monthly instalment payment), then consider purchasing your property as tenants in common in the proportion of 99% to 1%.

In future, if the 1% owner wishes to buy a second/subsequent property, the decoupling cost for the 1% would be insignificant.

Meanwhile, being the 1% owner does not restrict the amount of the 1% owner’s CPF funds that can be used for the purchase. This means that the 1% owner can use his CPF funds in a sum exceeding his 1% share in the property.

If you have intentions to enter the property market, you are welcome to contact me to arrange for a detailed financial assessment and to discuss what options are possible for your family

DISCLAIMER:

ALL INFORMATION PRESENTED IN THE VIDEO ARE BASED ON PERSONAL OPINIONS AND ALVINTAYSINGAPOREPROPERTYADVISOR IS NOT LIABLE FOR ANY LOSS OR EXPENSES WHATSOEVER RELATING TO INVESTMENT DECISIONS MADE BY THE AUDIENCE. THE IDEAS PRESENTED HERE ARE FOR REFERENCE AND EDUCATIONAL PURPOSE ONLY. ALL COPYRIGHTS RESERVED.

(Dated As of 2/1/2020)
__________

Check out more Vlog Video Here - https://www.youtube.com/playlist?list=PLe4pS4CXz4LotPIRbw_44AVo31kcf3rsP

▶DONT CLICK THIS - http://bit.ly/2KfM03m
★Official Network Channel★ [SUBSCRIBE]: http://bit.ly/YoutubeChannelSubscribeNow

SG#06 West Singapore Property Market Updates (January 2020 Edition)

 

Singapore West Side Property Market Updates

(January Edition) ........
__________


RESALE TRANSACTION IN THE WEST
(Data from 99.co from 15th Nov – 14th Dec)


District 5 - Buona Vista / West Coast / Clementi (14 Sales)
District 21 - Clementi Park / Upper Bukit Timah (30 Sales)
District 22 - Boon Lay / Jurong / Tuas (9 Sales)
District 23 - Bukit Batok / Bukit Panjang / Choa Chu Kang (38 Sales)


District 5 - Average Price $1,195 PSF
District 21 - Average Price $1,304 PSF
District 22 - Average Price $1,078 PSF
District 23 - Average Price $927 PSF


The Cascadia (Freehold Development) at 921 Bukit Timah Road Singapore(589624) contribute 5 Sales in District 21 with average $1592 PSF. It was TOP around 2010 and is 0.48km away from King Albert Park Station.


1 Bedroom sold around S$900k
4 Bedroom sold around S$4.68M

-----------

New Launch Development in West

LeQuest
https://www.propertyfactsheet.com/properties/le-quest-mixed-development-condo-at-bukit-batok-ave-6/

Whistler Grand
https://www.propertyfactsheet.com/properties/whistler-grand-condo-west-coast-vale-singapore/

Parc Clematis
https://www.propertyfactsheet.com/properties/parc-clematis-at-jalan-lempeng-clementi-by-singhaiyi/

View@Kismis
https://www.propertyfactsheet.com/properties/view-at-kismis-upper-bukit-timah-area/

Kent Ridge Hill
https://www.propertyfactsheet.com/properties/kent-ridge-hill-residences-by-oxley-holdings-official-listing/

Midwood
https://www.propertyfactsheet.com/properties/the-midwood-condo-at-hillview-rise-by-hong-leong-holdings/

Mont Botanik
https://www.propertyfactsheet.com/properties/mont-botanik-residence-at-hillview-freehold-at-leasehold-price%e2%80%8e/

Dairy Farm Residences
https://www.propertyfactsheet.com/properties/dairy-farm-residences-by-uel-at-dairy-farm-road/

For 1 Bedroom entry Price
Whistler Grand S$698640
Parc Clematis S$810000
Kent ridge Hill S$877000
Midwood S$746000
Mayfair S$999000


For 2 Bedroom Entry Price
Whistler Grand S$868180
View @ Kismis S$976000
Dairy Farm Residences S$969309
Midwood S$985000
Parc Clematis S$1045000
Mont Botanik S$1157600
Kent ridge Hill S$1320000
Mayfair S$1417000


For 3 Bedroom Entry Price
Le Quest S$1276000
Whistler Grand S$1384160
Parc Clematis S$1317000
View @ Kismis S$1339000
Dairy Farm Residences S$1390653
Midwood S$1396000
Mont Botanik S$1635400
Kent ridge Hill S$1567000
Mayfair S$1953000


For 4 Bedroom Entry Price
Le Quest S$1727000
Whistler Grand S$1658340
Parc Clematis S$1968000
Dairy Farm Residences S$1889811
Midwood S$1936000
Kent ridge Hill S$2611000
Mayfair S$2539000


For 5 Bedroom Entry Price
Whistler Grand S$1855050
Parc Clematis S$2608000
View@Kismis S$1978000
Kent ridge Hill S$2889000


__________

DISCLAIMER:

ALL INFORMATION PRESENTED IN THE VIDEO ARE BASED ON PERSONAL OPINIONS AND ALVINTAYSINGAPOREPROPERTYADVISOR IS NOT LIABLE FOR ANY LOSS OR EXPENSES WHATSOEVER
RELATING TO INVESTMENT DECISIONS MADE BY THE AUDIENCE. THE IDEAS PRESENTED HERE ARE FOR
REFERENCE AND EDUCATIONAL PURPOSE ONLY. ALL COPYRIGHTS RESERVED.

__________

▶Last Video - https://www.youtube.com/playlist?list=PLe4pS4CXz4LpQ6aGx517lfd9zUcQ7q0hy
▶DONT CLICK THIS - http://bit.ly/2KfM03m
★Official Network Channel★ [SUBSCRIBE]: http://bit.ly/YoutubeChannelSubscribeNow

*********************

AlvinTay Video Production Using
-Iphone XR
-Moza Mini S Essential Smart Gimbal
-LumaFusion Video Editing Iphone Application
-Movavi Video Editor
-Teleprompter

*********************

Any Comment and Feedback is Welcome and Do Share with me Your Video Setup :)

#January2020Edition #WestSingapore #PropertyMarketUpdates