March 6, 2026
Headlines

Economy Slows

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The government announced on Tuesday that they are expecting Singapore’s economy to slow to a 3.0% growth rate for 2014 amidst a global deterioration hitting the crucial trade outlook of the city-state. This may slow the sales of Westwood Residences.
In the 9 months to September a 3.3% expansion was seen, year on year, of the Gross Domestic Product (GDP). However, in a statement made by the Ministry of Trade and Industry, there is likely to be an easing in the last quarter that will be in line with the global JCube Condo economy’s projected slowdown. ECs like Westwood Residences however remain resilient as ECs are always in demand.
In 2013 there was a 4.1% expansion in Singapore’s GDP. 2014’s official forecast is a tad lower than the general agreement figure of 3.3% that was given by economists in a survey given this September by the Monetary Authority of Singapore.

Economy Slows may hamper Westwood Residences Sales

Analyst say that, due to Singapore’s open and small economy, they are more vulnerable to developments that are external, more so than their Asian neighbors. Singapore’s Asian neighbors have larger domestic markets in Westwood Residences to help cushion them when they face …

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Guidelines for Development

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Khaw Boon Wan, Minister for National Development said in a written reply to a recent Parliamentary question that new development control guidelines issued by the Urban Redevelopment Authority will control development applications. The Authority’s guidelines control the building’s form and the development’s scale in order to safeguard the surrounding community’s interests. The guidelines include guides as to building setback and storey height so as to provide enough space between building developments and to preserve the look of the area.

Guidelines for Development in Westwood Residences EC

Elsewhere the guidelines require that the visual impact and the surrounding physical context of any proposed development be considered, Mr. Khaw said. He further added that the URA must where necessary seek help from other agencies on the consideration of traffic, noise, and other technical considerations before approving the plans for Westwood Residences.

The guidelines are regularly reviewed and the URA consults professionals and the Public where it is relevant to do so. A design Advisory Panel may also review major development applications in Westwood Residences.

Guidelines

Westwood Residences EC near NTU

Regulations for Westwood Residences EC instituted in October 2013 require the developers of Government Land Sales or GLS land intended for new residential …

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Westwood Residences Cooling Measures

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There are numerous investors who are hunting for Westwood Residences EC in close proximity to the MRT stations as property experts believe condo properties and in particular Executive Condominiums in the West located in close proximity to MRT stations has proven that prices have a tendency to increase as the general economy recovers. This is because there are generally many buyers out there but they are restricted on the loans due to the implantation of the Total Debt to Service (TDSR) ratio on property loans.

Westwood Residences Cooling Measures

Because of the implentation of the restriction of loans, numerous home buyers for Westwood Avenue EC are inquiring about real estate developers to help lower down their asking prices for the new launch units as it became apparent to buyers that there are countless vacant units in the development which are still left unsold. Also, potential buyers are also aware that developers need to pay development charges should there be unsold units after TOP. Even though real estate developers are inclined to Orchard Boulevard Condo id=”spin61″discuss on the prices on Westwood Residences New EC, numerous home buyers of westwood residences Koh Brothers are generally also watchful when searching…

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Westwood Residences EC

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The Tengah EC floor plan shows the amenities that residents can expect in the project. The property is expected to be completed by 2022. It will have over 4,000 units, including freehold homes and midwood condominiums. While prices are not yet set, they are expected to be higher than comparable properties in the market. One plot in the development is estimated to fetch between $331.8 million and $352 million, while the average price per square foot is expected to be about $530.

The Tengah EC is well-connected to the town centre and the Jurong Innovation Park Hill District. It is also only a 30-minute drive to Jurong Lake District, the second largest central business district in Singapore. It is also close to the nature reserve, making it a perfect place for families with children.

The expanding population in the city state has lead in the authorities to incoporate planning efforts for brand new hdb locations in Singapore. One of those will be the forthcoming Jurong Lake District town positioned right next to Lakeside MRT Orchard Condo Station. According to the Master Plan set forth by the government, Westwood Residences Koh Brothers is projected to be viewed as a …

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Buying Interest

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With luxurious house prices in Singapore still to fall, this moment could be the right time for real estate investors to make a purchase for Westwood Residences. As reported by Alice Tan, Research Head at Knight Frank’s Singapore office. This is because prices of properties has started to decrease and the softer prices mean that some buyers are entering the property market.

Westwood Residences EC Buying Interest

Luxury part of the real estate property market has been drastically plagued by the government’s various rounds of cooling measures on the real estate market. Real estate property consultants was quoted announcing in a marketing report that luxurious properties located in the core city centre have seen 5 successive periods of price reductions. Demand for Westwood Residences has been artificially depressed due to the introduction of the Total Debt to Service (TDSR) property measures which restricts buyers on the amount of loan which they are allowed to take.

Westwood Residences Buying Interest

Interest for Buying Westwood Residences

In addition to that, property experts expect purchase prices with this section to stay dipping in the rest of the year due to insufficient demand for Westwood Residences. This sounds great news for real estate sellers…

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