Any Apartment with the majority of it’s square footage at or below ground level is prefer to by chikagoan as a garden unit. It is a regional term which can mean anything from side walk level to deep basement.
Wing Tai Holdings, founded in 1955, has developed a strong brand for itself as a reputable property developer within the Asian real estate market. With projects located in Malaysia, Hong Kong, and multiple subsidiaries elsewhere, Wingtai has infiltrated key Asian real estate markets as a company with a strong corporate philosophy. They can furthermore be expected to carry that on into the upcoming development of The Garden Residences Wing Tai.
The Garden Residences Wing Tai Holdings Capital Appreciation
Wing Tai is known for their commitment to building partnerships of trust and mutual recognition with highly reputable businesses, as well as fostering similarly well-regarded relations with their customers and staff members. Their connections with global leaders in a variety of industries allow the company to take innovative leaps with their projects and implement the most prestigious strategies identified within a plethora of successful market ventures. Wing Tai aims for unbeatable quality and boasts itself as Singapore’s leading property development company.
Located in an area that is undergoing extensive, but promising, development for residents of the community, The Garden Residences is joined by several other currently upcoming residential condominiums in Serangoon. One of these that is comparable to the upcoming residential project described here is Terrasse Condo located on 21 Terrasse Lane in District 19. Capital Appreciation via real estate is one of the better ways to get assets and this is through investments over the long term.
The Garden Residences Serangoon North Condo
The medium-rise condo, completed in 2015, has an implied rental yield of 3.23%. Furthermore, its latest sales of units within the development date back to just the past couple months, still generating sales in 2017. The average sale price over the last six months has been approximately S$1,096.8 psf, although the price for a unit within the development may certainly vary depending on the size of the unit. One 538 sqft x 50 sqm unit sold in September of 2017, for instance, sold for S$1,263.48 psf.
The Garden Residences Singapore Site Plan and Floor Plans
Serangoon contains a number of reputable schools, including both those local and international to meet the needs of students living in the community. Specifically, these include Nanyang Junior College, Rosyth School, Serangoon Garden Secondary School, and Lycee Francais De Singapour. Future residents of The Garden Residences will thereby have an easy commute that will grant them access to a sufficient Singaporean education.
Serangoon has flourished into a community that contains several appealing shopping venues for residents to enjoy. The most plentiful and popular of those located nearby The Garden Residences include Serangoon Garden Market and Chomp Chomp Food Centre, although future plans for growth within the area are likely to provide even more attractive amenities for residents to enjoy. More on this will be discussed below as part of the Urban Redevelopment Authority’s (URA) masterplan for Serangoon.
According to the Ministry of Trade and Industry in Singapore, the country’s economy expanded by nearly 2.5 percent in Q1 2017 and its set to grow by 3.5 percent this year from previous projections of 2.2 percent. Having the most advanced economy in Southeast Asia, Singapore is arguably the financial hub for the region.
This is buoyed by growing manufacturing activity, improving bilateral trade accounts and the influx of tourists in the country. Strategically located along the Strait of Malacca, openness to foreign investment, government supported business ventures, along with many other factors, make Singapore a safe haven for your property market investments. Investments in Real Estate tends to bring in capital appreciation through its investments in real estate. There are many investments in Singapore and capital appreciation through Singapore properties is one of them.
Investments in Real Estate in Singapore
Facts About Singapore As Real Estate Hub
• Strong Rule of Law: According to the World Bank Ease of doing business Q2 2017, Singapore is one of the best places to invest.
• Political Stability: Its now over decades and the country has never witnessed any instability or civil unrest, making it attractive for an investor.
• Relatively Stable Currency: For the past 5 years, the Singapore Dollar has been efficient for any global transactions.
• Strategic Location: With a GDP per capita of USD 90,531 behind Qatar and Luxembourg, the country is strategic for high-end investors looking to gain from their property investments since Singaporeans can afford luxurious life.
• Policy Measures: The loan obligation that one shouldn’t exceed 60% of gross monthly income was scrapped for mortgages. Rental taxes are as low as 10%.
• Increasing Foreign Investment: About 38% of Singapore’s population is foreigners. Indeed, foreign investment in the real marked went up 5-fold from the previous year of USD 4.1 Billion.
How To Invest In The Real Estate Market
• The Real Estate Investment Trusts (REITs): Singapore is a center for REITs in Asia. REITs ensure that investor’s liquidity is secure on a daily basis.
Capital Appreciation Via Investments in Real Estate Singapore
As shown by the 2017 Bloomberg analytics, the benchmark FTSE ST REIT Index (FTSREI) in Singapore, the index performed better than the broader Straits Times Index (STI). FTSREI recorded a return of +19.7 percent for past five years compared to the STI index which only recorded a 3.2 percent gain. Both capital gain via selling and renting are desirable.
Comparably, REITs in Singapore outperformed those in Japan, Australia, U.S and even Hong Kong as indicated by the Bloomberg and CLSA data of Q2 2017. In fact, a similar 10-year bond yield for Singapore government outpaced U.S one by a difference of nearly 2.5 percent profit.
• Own Property: One may buy or construct properties in Serangoon, Central, or Woodlands area which are popular with expats and closer to key airports. Bloomberg shows average property yield in Singapore is 3.5- 6% and with a cost of loan averaging 1.5%, it’s profitable.
Gaining Capital Via Rental and Selling Singapore Properties
For keen property investors, Singapore’s real estate market has both strengths and weaknesses; however, its strength outweighs the weakness. Real estate market for this country is highly efficient and based on the fact that English is an official language, it means you might not need to deal with translations and any form of bureaucracy.
Going ahead, we expect Singapore’s robust rule of law, political stability, stable currency, and its strategic location to drive property prices up. In addition, comparable city-states such as Lichtenstein, Monaco, or Hong Kong may increase demand for rental space in the Asia region as they are pricier than Singapore. This makes Singapore a more attractive place for real estate investment.
Situated just next to Woodleigh MRT Station, Park Colonial Woodleigh Lane is a new development by a joint venture between Heeton Holdings, Chip Eng Seng Corp, and KSH Holdings called CEL Unique Development. This joint venture submitted a top bid for the prime city fringe plot of land. At a total price of $700.7 million this translates to $1,110 per square feet.
The Park Colonial Condo is being located right next to the upcoming Bidadari Housing estate. The development is located near Bartley, where there is a wide range of reputable schools. The Park Colonial CEL Unique Development will consist of an estimated 735 units. The site plan includes full and unique facilities. Among them are planned a clubhouse, guard house, indoor gym, 50m swimming pool, function room, tennis court, children’s playground, BBQ pits, and sun deck.
Capital Appreciation Via Real Estate Investments in Park Colonial
Full family entertainment needs will be answered by the upcoming condo’s facilities. Located right in the heart of Woodleigh, the condo units will provide the opportunity to indulge in a tranquil and serene lifestyle. The attractive location, besides being right next to an MRT Station, also provides unblock views of the landed properties adjacent to the site. Park Colonial is also located near many amenities and shopping centres. For instance, the Nex Shopping Mall and the upcoming Venue Shoppes are just one MRT Stop away. Park Colonial Capital Appreciation is assured because of its wonderful location near to an MRT Station.
The Venue Shoppes iconic shopping centres located right next to Potong Pasir MRT Station. It consists of 23 restaurants and 5 shops and was developed by City Developments Limited. The Venue Shoppes provides a holistic shopping experience. Nex Shopping Mall is fully integrated with Serangoon Bus Interchange and Serangoon MRT Station Interchange. This is considered to be the biggest shopping mall in Singapore’s North East area. Neasa opened for business in 2010. Among its attractions are Courts and Popular Bookstore, 2 food courts, NTUC Fairprice Xtra, as well as a cinema. Many will be looking for capital appreciation of their property in Park Colonial Condo as it is directly located next to Woodleigh MRT Station.
Real Estate Investment in Singapore with Capital Appreciation
For condo owners who are using the MRT regularly, the Park Colonial Condo is well connected to other MRT Lines as Woodleigh MRT Station is just one MRT Stop away from the Serangoon MRT Station’s Circle Line.The new condo development is also located near to the Bidadari area. The government has plans to expand the town in order to add more amenities. For instance, Bidadari Town will have more pedestrian friendly walkways and greeneries in order to promote a more active lifestyle. Park Colonial’s condo owners will benefit from the new amenities located at Bidadari Town.
Capital Appreciation Via Park Colonial Choice Property
For residents who prefer to use their own transport, Park Colonial Chip Eng Seng is ideally situated close to both the Pan Island Expressway (PIE) and Central Expressway (CTE). The new condo development is located near some elite schools such as Maris Stella High School, St Andrew Junior College and Cedar Girls’ Secondary School. Stamford American International School and other international schools are also located around the area.
The owners of the Park Colonial Heeton Holdings units can enjoy a wonderful and unique lifestyle right in the heart of Woodleigh. This 99 years leasehold development in close proximity to the central business district is among the best new residential facilities in Singapore.