All about the North Gaia EC in Yishun
The EC land parcel at Yishun Ave 9 attracted a higher-than-expected leading quote rate of $373.5m from Singapore-listed property designer Sing Holdings. The rate equates to a land price of $576 per sqft per plot ratio. The bid price is much better than market assumptions that array from $500 to $550 per square foot per plot ratio. The last 2 ECs released in Yishun were both in year 2015. The brand-new EC at Yishun, now known as North Gaia, will be the next, as well as it will certainly be at some point in 2021 or 2022, which is six to seven years after the last 2 EC tasks were introduced.
North Gaia, District 27, is a residential sanctuary for the routine city slicker. Positioned along Yishun Ave 9, the new North Gaia EC at Yishun is a suburban oasis for the routine city dweller. The locals will certainly take pleasure in the closeness to rich greenery at Sungei Khatib, which offers homeowners a scenic view and is a definite plus point for nature fans. It is close to Sungei Khatib with its lush greenery that will certainly appeal to nature enthusiasts trying to find a scenic view. The new executive condo has an unblocked view of the water and the nature park.
This land is an Executive Condominium (EC) land parcel, located at the intersection of Yishun Avenue 8 and 9, beside the Harmony Suites apartment. In Addition To Nine Residences, located about 600 metres away, the various other houses right here are HDB flats. Like lots of other EC websites, it's fairly far from the MRT station-- roughly 1.6 km. However, it is within 700 metres (nine minutes' walk) of the Junction 9 shopping mall. This is the first EC launch in Yishun in year 2015, the last being The Signature and The Criterion.
Source: North Gaia EC https://north-gaia.com/
The new EC @ Yishun Ave 9 is also family-friendly as it is close to Chongfu Primary School, Northland Primary School, Chung Cheng High School and Yishun Junior College. Khoo Teck Puat Hospital and a community hospital nearby will help to fulfill the healthcare needs of the residents.
ECs are often said to "make money" immediately after the 5 year Minimum Occupation Period (MOP). Real estate experts believe prospective buyers are easy to find for resale ECs-- only the first batch of buyers are faced with the MOP, and the theory is that any buyers would be purchasing closer to the date of full privatisation.
Developers have always been confident about ECs, because these are some of the highly-sought-after property types. ECs are a cross between public and private housing; they are only HDB properties for the 1st few years, and are privatised after that.
The Seletar Aerospace Park – providing purpose-built land and infrastructure for the aerospace industry - acts as a vital role to supporting the country's vision for being a global aviation hub. These growth areas are key employment nodes which can potentially provide a healthy tenant pool for future residents who wish to lease North Gaia EC units out - after fulfilling the required MOP.
Yishun, formerly known as Nee Soon, is a town located in the northeastern corner of the North Region of Singapore, bordering Simpang and Sembawang to the north, Mandai to the west, the Central Water Catchment to its southwest, Ang Mo Kio to its south, as well as Seletar and Sengkang to its east.
Information of Tampines St 62 EC
2 99-year leasehold sites supplied as part of the Government Land Sales Programme have actually each fetched 9 bids at state tenders on Thursday.
One is a site for an exclusive housing development with commercial room on the ground storey, located next to the upcoming Lentor MRT terminal on the Thomson-East Coastline Line; and one more is a plot for an executive condominium (EC) real estate along Tampines Street 62. ECs are a public-private housing hybrid.
For the EC land parcel in Tampines St. 62, the leading quote of S$ 422M or nearly S$ 659 psf ppr tendered by a consortium making up a Qingjian Realty and also Octava Pte Ltd joint venture and Santarli Realty.
Although it looks like very high as a mass market EC, compared with Canninghill Piers which will be launched soon, the price is actually very approachable.
The Tampines St 62 EC development is about 1 km from the Pasir Ris MRT station, near nature parks such as Tampines Eco Eco-friendly Park as well as Tampines North Boulevard Park. It is likewise located in the direction of the south of Tampines Meridian Junior College. Close-by colleges are Poi Ching Primary School, Gongshang Pri school, Elias Pri school, and so on.
From: Tampines St 62 EC https://tampinesnorth-ec.com/
Inspired by the wonder of nature's terrace landforms, Tampines Street 62 EC is a bold architectural interpretation of natural splendour. A classic style qualified by alternating balconies of verdant plant, water waterfalls and undulating surface. A very preferable address to call house, its estate status leaves a long-term tradition for generations to take pleasure in.
Tampines St 62 EC remains in the ground Regional Centre in Singapore and fully grown estate with renewed renewal. There will certainly be lots of chances past 2030 - 800 hectares of change at your doorstep with the moving Paya Lebar Airbase in 2030.
Tampines is a popular area with EC buyers. Parc Central Residences at Tampines Street 86, which was introduced in Jan 2021, is about 14% left, achieving a mean rate of $1,173 psf.
Piermont Grand was sold at a mean price of $1,151 psf, and Parc Central Residences at $1,173 psf. Therefore, a median asking price of over $1,200 psf for new ECs is totally possible when the Tampines St 62 EC is released.
Tampines is the preparation location and property town in the geographical area of Tanah Merah situated along the north-eastern shore of the East Area of Singapore. The planning location is surrounded by Bedok as well as Paya Lebar to the west, Pasir Ris to the north, Changi to the eastern, and the Singapore Straits to the south. Tampines New Community lies in the north section of Tampines intending area.
What you should know about Yishun EC?
The EC parcel at Yishun Avenue 9 brought in a higher-than-expected top quote rate of $373.5m from Singapore-listed residential property developer Sing Holdings. The price translates to a land price of $576 per square foot per plot ratio. The quote rate is much better than market expectations that range from $500 to $550 per sqft per plot ratio. The last 2 ECs released in Yishun were both in 2015. The brand-new EC at Yishun will certainly be the next, as well as it will certainly be sometime in 2021 or 2022, which is six to seven years after the last 2 EC projects were introduced. New executive condominium in Yishun Ave 9, District 27, is a household place for the routine city slicker. Situated along Yishun Avenue 9, the brand-new EC at Yishun is a rural sanctuary for the normal city slicker. The residents will certainly take pleasure in the distance to lush greenery at Sungei Khatib, which gives citizens a panorama as well as is a certain plus point for nature lovers. It is close to Sungei Khatib with its lush plant that will interest nature enthusiasts seeking a scenic view. The brand-new exec condominium has an unblocked view of the water and also the nature park. This land is an Exec Condo (EC) land, situated at the intersection of Yishun Avenue 8 and also 9, alongside the Symphony Suites condominium. Aside From Nine Homes, situated around 600 metres away, the various other properties right here are HDB apartments. Like several other EC sites, it's quite much from the MRT station-- roughly 1.6 km. However, it is within 700 metres (nine minutes' walk) of the Junction 9 shopping mall. This is the first EC launch in Yishun in 2015, the last being The Signature and The Criterion. 
Source: Yishun EC https://www.yishunec-sg.com/
The site is surrounded by a wide range of amenities to create a pleasant living environment. A short drive to Northpoint City, the latest mega integrated mixed project and transportation hub in Northern Singapore, a favourite haunt for the nearby residents. It provides various retail outlets, food and beverage, food courts, additional choices for grocery shopping, clud & library. Future residents of Yishun Ave 9 EC will enjoy the convenience of amenities with cinemas, restaurants, supermarket, and eateries. 
WHY INVEST IN YISHUN 9 EC? Efficient layout & design allows flexibility in customization. Walking distance to the food court, markets and convenient stalls. Attactive rental with close proximity to G.E.M.S International School + Seletar Aerospace Park. Free 1 Year Shuttle Bus To Yishun MRT & Bus Interchange. Within 1km To Yishun Integrated Mall with Interchange/ North Point City. Near Health care center; Khoo Teck Puat Hospital, the Yishun Community and Yishun Pond was revamped with a three-storey lookout tower. Developers have confidence in ECs, because these are some of the highly-sought-after property types. ECs are a cross between public and private housing; they are only HDB properties for several years, and are privatised after that. The name Yishun is a Mandarin romanisation of Lim Nee Soon, a prominent industrialist who made his fortune from the rubber and pineapple plantations he had in the area. Yishun planning area is separated into sub-zones namely Khatib, Lower Seletar, Nee Soon, North Land, Springleaf, Yishun Central, Yishun East, Yishun South and Yishun West. Springleaf and Nee Soon subzones are private housing estates in Yishun.
Two High-end condominiums will be ready for sale.
Developers launched an agressive campaign in the new year, two high-end private housing project respectively located in Holland Village and River valley will be formally open for sale this Saturday (January 11), focusing on the high-end private housing market.
New private homes have recently been launched in Holland Village. One Holland Village Residences, which is next to Holland Village MRT station, began retailing in November last year and became one of the top five new private homes in the same month. This 99-year leasehold condominiums has a comprehensive of 296 units. The residences are divided into three classes according to size and floor. The average price per square foot is $2600, $2900 and $3200.
Another project that will be released this month is Avenir, a high-end condominiums in River Valley. The project is re-developed from the former Pacific Mansion site and the price per square foot is from $2930.
Avenir, also a freehold, was jointly developed by Hong Leong Holding, GuocoLand and Hong realty. It consists of two 36-story residential blocks with a total of 376 units ranging from 527 square feet to 2411 square feet.
Avenir's price is higher than other high-end condominiums in the same district, e.g., Martin Modern and Riviere. Riviere, launched in May 2019, consists of 455 suburban units, with an opening price of $2580 per square foot, and Marting Modern, launched in July 2017, has 450 suburban units, with an opening price of $2,300.
Source: https://newlaunchguru.sg
Government launches three lots for tender – PART 2
The three lots are expected to provide approximately 2,000 residential units to the market. Among them, the private residential area launched by the Urban Renewal Authority is located on Kampung Java Road, with a total floor area of about 3,602 square meters. It is estimated that 435 units can be built. The EC site launched by the Housing Development Board is located at Tampines Ave 10 EC with a total gross floor area of about 69,928 square metres. About 695 units can be built.
The above two lots are on the 99-year title deed on the list of government land sales plans. The deadline for open tenders is 12 noon on January 15 next year.
Another white location, launched by the Urban Renewal Authority, is located in Marina View, which is used by interested developers to “hook out” on the government sale list. This site is expected to build 905 private units, 540 hotel rooms, and commercial floors of approximately 2,000 square meters.
First land was awarded under the new religious land framework Singapore
According to zaobao.com.sg
Singapore Soka Association successfully awarded the first tender for the new religious land bidding framework with a price of 7.08 million. In the future, the religious land in Punggol will be developed into a Chinese temple.
According to the website of the Housing Development Board, the religious site at the junction of Sumang Walk and Sumang Link was launched on October 30 last year. The tender was closed on January 8 this year. Close to the land, it is the Piermont Grand EC (Executive Condominium) at Sumang Walk by CDL. The distance to the nearby Waterway Point is about 5 minutes.
According to the data, Singapore Soka Association was successfully awarded today (25th).
This religious land area is about 2007 square meters and the lease term is 30 years. In addition to the Singapore Soka Association, the other five parties bidding earlier were Diqing Forest, Amaranth Bacheng Temple Sanqinggong Co., Ltd., South Island Tianxindong Association, Confucius and Mencius Temple, and Sanqinggong Taoist Cultural Center.
According to the new tendering framework announced by the Ministry of National Development last September, the tendering activities for religious land will be carried out in two phases.
In the first stage, bidders must meet three conditions, namely, they must be registered religious groups, regularly organize activities that benefit the vast community of our country, and explain their demand for religious land.
After successfully passing the selected bidders, they can participate in the second stage of the bidding activity. The authorities will assess the financial situation of the bidders and then issue the lot to the religious group with the highest bidding price.
Large tenant pool make it easier for investors to find tenants
A large potential tenant group also makes it easier for investors to find tenants in the future. Some analysts believe that students studying in higher education institutions and serving professionals are beneficial to the rental market.
There are also many facilities in this area that appeal to buyers. The lot is a large area in the first half of the list, close to the National University affiliated Mathematical Middle School, Clementi Plaza and Clementi subway station, etc., which is welcomed by parents and students. Nanhua Middle School. The site at Cliementi will be launched at the same period as the Canberra Link EC which was launced in May this year.
However, some analysts pointed out that Clementi is not attractive enough. In addition to noise and dust problems due to the proximity to the Ayer Rajah Expressway, the distance to the subway station is not too close.
The recent project of the new project, the Whistler Grand, has been slow to buy, and developers are not expected to show much interest in Clementi. However, some developers may still be relatively low-spirited in their peers, and there are several lots on the same day to close the tender, and put forward speculative pricing.
Digest of latest review by newlaunchguru.sg - One Meyer
This is the short version based on the latest review of One Meyer condominium by newlaunchguru.sg.
The much desired new condo of Q1/2019 is finally here! One Meyer, a super rare freehold luxury condo project located right in the center of East Coast (Meyer Road) in District 15, one of the most prestigious and upmarket districts in Singapore. In addition, this project is also one of the few condos in the area where residents can have stunning sea view without the traffic noise coming from ECP, thanks to the Katong Park acting as a sound barrier.
As per JLL who participated in the purchase of One Meyer, this was the 1st attempt the residential property was offered for sale. This attractive land obtained bids from over a dozen property developers ranging from small to big firms. Several factors may have led to that situation. First, One Meyer is well located next to the upcoming Katong Park MRT target to operate by year 2023 which is part of the Thomson East Coast line. Furthermore, the site has a seafront and an amazingly clear view of the Katong Park, merely five stops away from Raffles Place and Shenton Way. This enables the future residents of One Meyer, e.g., cyclist, to get to the CBD via the cycling track of the beach. Sustained Land Ltd successfully acquired the bid with the price of S$69.1 million. (Under|According to|Based on} URA Master Plan, One Meyer site measures 23,400 sq ft with the gross plot ratio of 2.1, and its land rate translates to around S$1409 considering the development charges as well. Sustained Land wants to re-develop the 10-storey high One Meyer into an 18-24 storey high sufficient for up to 65 units each having an average size of 753.5 sq ft. The gross profit ratio(GPR) is going to increase from the current 2.09 to 2.1 if they obtain authorities' approval.
One Meyer sits at the junction of Meyer Place and Meyer Road in Katong which is a place known for many private condominiums. You can get to One Meyer via a variety of transport options, both public and private. Long travelling time by bus to other parts of Singapore will be shortened with the operation of TEC Line in year 2023. At that time, Katong Park MRT is next to One Meyer condominium. Driving to many places of interest in Singapore is also quick with Singapore Sports Hub less than 7 minutes and CBD/Changi Airport less than 15-min via ECP. Although 23,400 square feet is not considered as a big condo project, what One Meyer offers is privacy and exclusivity. This one block building with the glass facade appearance will for sure become the brightest star in Mayer Road. For the price of 2-bedrooms, One Meyer is considered a good deal if it is launched around S$2300-S$2400 according to competitive market analysis. Seaside Residences, a 99 year leasehold project, transacted at average of S$1900psf, is located in the opposite end of East Coast.
Talking about cons - being a not-so-big condominium means One Meyer may not provide so many varieties of facilities which other bigger projects provide, notably the nearby Belvedere.
Check out One Meyer news at The Business Times
Amber Park Luxury Freehold Condo - North-South facing with sea-view
City Developments (CDL) and Hong realty (a subsidiary of the Hong Leong Group) bought ownership of Amber Park Condo in the collective sale in Singapore. Despite the collective sale drawed attention of top bidders in the industry, CDL managed to win the bid with Amber Park Price reaching about S$907 million in one of the biggest JV in the region. The sale price of Amber Park CDL means a land ratio of approximately about S$1,500 per sq ft per plot ratio based on the the allowable GPR of 2.8 with no development fees on the redevelopment. Hong real estate and Cityzens Development list the 200 units involved with Hong real estate owning a 20% stake of the project. Based on the 2014 master plan, Amber Park condo site occupying 213,670 sq ft is a place for residential developments. Every of the individual owner of the condo is set to get gross sales proceeds averaging between S$4.3 million and S$8.3 million. As the original developer of the previous 200-unit Amber Park condo developed in 1986, CDL claim that they know the greatest what suits the place. The company plans to rejuvenate the place to house luxury condos containing up to four 25-storey buildings accommodating approximately 800 units plus a car park in the basement, a concept subject to approval. As per CDL, many of the units at Amber Park will be planned with a North-South facing orientation which allows the future residents of Amber Park to enjoy the spectacular sea views. This future iconic landmark is posed to be an ideal investment deal in the residential Market of Singapore. The unique development place is going to be beneficial to both investors and CDL considering that 999-year properties in Singapore are becoming rare. when fulfilled, the Amber Park condo definitely provides an ideal place for families who work in the area to pocess an amazing living experience.
Amber Park sits in well developed place which makes it a highly sought after area. With several ongoing projects in the same area, Amber Park very likely will yield many benefits to the residents. Additionally, the strategic location enables Amber Park condo to have the fantastic connection to other parts of Singapore and access to many amenities. This area is well known for the rich cultural heritage and delicious foods, and is near malls such as Parkway Parade and I12 Katong, and top schools like Tao Nan and Ngee Ann Primary, Tanjong Katong Primary, and CHIJ (Katong).
Amber Road, as well as the surrounding private residential place, has long had a loyal following, from both locals and expats because of its location: minutes walk to the sea and to East Coast beach, and within 15-min driving from the Raffles CBD, Marina Bay, and Changi International Airport. Other than strong locational characteristics, a unique edge of the place is its freehold status, something which is becoming increasingly scarce in Singapore, said Mr Sherman Kwek, CEO-designate of CDL. With all these factors including the stunning sea views, and its proximity (290m, no more than 4 minutes walk) to the upcoming Tanjong Katong MRT station due for completion in 2023, strong demand is expected for this project.
City Development Ltd is a prominent real estate developer doing business in numerous locations around the world. The Singapore listed company has built its presence in 100 locations covering 28 countries as well as territories. It is also one of the biggest companies in terms of market capitalization with a stable income and a varied portfolio which covers serviced apartments, hotels, offices, shopping malls and integrated developments. The developer has operated in the real estate industry exceeding 50 years offering services in real estate management, investment, and development. In the past, CDL has constructed over 40, 000 homes and it owns a lum sum of 18 million square feet lettable floor area world wide. Its key neighborhoods of operations include Singapore, Australia, Japan, UK, and China. CDL’s London based and listed subsidiary, Millenium & Copthorne Hotels plc is a top lodge chain across the world. It has greater than 135 hotels globally located in major gateway cities. With 50-year proven track records, CDL has developed more than 40,000 homes globally and received lots of prestigious awards, including, Quality Excellence Awards, Building and Construction Authority Awards, Workplace safety and Health Awards, etc. For over 20 years, the developer has been pursuing green innovations to build bold and inspiring green buildings for a better future. With these proven capabilities, future home masters of Amber Park can anticipate a luxury home to stay upon completion.
Read more: Amber Park developer.
Now Is The Time To Buy Real Estate - Haus on Handy condo
Interest rates can surely succinctly swing the variety of sales that are completed during any quarter of the year. When deeming Haus on Handy condo, increasing interest rate will decrease the purchases, on the other hand dropping rates will for sure help the purchases of real estate. This is an essential reality in the realty company as this should definitely cause movements in earnings from the purchases that may be winded up at. With this in mind, the time to buy a property that is unoccupied might be when the real estate market is cold. A hot property market will make a house worth a lot more, as her earnings will be higher during this time. Of course if you adopt this procedure, you will have to suffer downturn in the marketplace. An additional look on the purchase or start-up a real estate company is the states licensing needs.
The majority of places have harsh requirements on property representatives and brokers. Those deparment-in-charge listed down procedures to an occupation in the property organisation would have to be met before a business could be started. This is not a company that may be tipped into by merely paying out dollars.
A person can have the objective of having his own firm, however it will take planning as well as meeting the states regulations to make this happen. When a prospective proprietor has these actions out of the means, discovering an existing company to buy will in certain be the last possible attempt. A quick research of property business classes reveals that they are commonly discovered in larger cities and also the asking price is considerable. There exists resales of franchise businesses. Just typing into an online search engine, "Property organisations offer for sale", developed this quick check. Buyers may also talk to company brokers as well as existing estate agent in her area. An in area real estate company is helpful as the brand is already known and will obtain potential buyers because of this. When you start a business from the scratch, you may not have this advantage. An existing company with multiple areas will likely be more expensive than what you might start your first organisation.
Another procedure to acquire ownership would for sure be purchasing into an existing business. That should work if you have a powerful connection with the existing boss. The problem is you will very likely not have the last say in a lot of decisions.
A real estate company might become professional in purchasing as well as marketing company suburban or commercial property. Actually a broker might reduce out a specific niche market that are prevalently unoccupied in the actual estate company. Some property firms appoint designated departments that is in charge of actual property marketing.
If you are interested to know about Dhoby Ghaut, where Haus on Handy sits. Dhoby Ghaut is a place in Singapore that often refers to the Dhoby Ghaut MRT Station, a major interchange station on Singapore's Mass Rapid Transit network. As a area, Dhoby Ghaut lies along the eastern end of Orchard Road and is twinned with its namesake in India. There is a shopping mall above the MRT station called Plaza Singapura. Until the early 1900s, the dhobis used water from a clear stream that flowed into Sungai Bras Basah, now Stamford Canal. This stream now exists as a large drain beside Handy Road. The ghats, or steps leading down to the stream, were demolished when Sungai Bras Basah was canalised. The dhobis would then dry the laundry at Dhoby Green, the open park bounded by Stamford Road, convenient Road, Bras Basah Road and Prinsep Street. Sounds good? Check out Haus on Handy Gallery
