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Guidelines for Development

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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Jurong Lake EC Prices

E-applications open on Friday (May 15) for Westwood Residences – a new executive condominium (EC) project in Jurong West which will be officially open for bookings on May 30.

The 480-unit development at Westwood Avenue is the first EC to be affected by changes to resale levy rules. The resale levy now applies to EC buyers who had previously bought HDB flats or ECs.

Westwood Residences Jurong Lake

Westwood has an indicative pricing of S$800 per square foot (psf). That is about six per cent lower than what another executive condominium (EC) project in the area – Lake Life EC – went for, S$850psf, when it was launched in November last year.
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Said Mr Francis Koh, group CEO of one of the EC’s developers, Koh Brothers Group “We have to consider the market. When compared to Emerald of Katong the nearby executive condo, what will buyers think of our condo? So we have to price it very competitively.”

Westwood Residences Koh Brothers

Westwood Residences is hoping to attract homebuyers by going big on cyclist-friendly features. It will house some 500 parking lots for bicycles – with a bicycle maintenance area – and an outdoor mini velodrome.

One analyst said …

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Resale HDB Prices

A 6.2% drop in 2014 of HTB flat resale sales is the largest since the 8.2% drop in 2001. This is according to data published by the housing board on Friday and reported by PropNex Reality./

Based on the quarterly basis of sales for 2014 the 3rd quarter fell 1.5%, which marked the 6th consecutive 3-month period of declining sales.

Westwood Residences Resale Prices

Resale volume dropped 17,318 units from the 18,100 units sold in 2013. This indicates a 4.3% drop in the HTB market since last year as fewer buyers are entering the market at this time for Westwood Residences.

Numerous causes were cited such as a combination of property curbs that occurred as reducing the Mortgage Servicing Ratio (MSR) of 30%. Another factor was the maximum loan term of 25 years for HTB mortgage loans, and finally the three-year wait for new PR’s before they can buy resale flats all combined with the allowance of singles to buy 2-room build-to-order (BTO) flats in non-mature estates. This was all reported along with the total drop in resales by Propnex as well.…

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Singapore Real Estate Investment Benefits From Flight-to-safety Among Investors

Capitalists must take an extra cautious approach on new property purchases in some Asian markets and also pivot their focus from conventional property courses towards a range of particular niche areas that provide brighter expectation, the record says, adding that this might include protective sanctuaries as well as new-economy themes.
The surveyed real estate gamers highlighted multifamily, resorts, senior living, as well as logistics field homes as protective sanctuaries. On the other hand, defensive realty would certainly include favourable features such as rental fee indexation, much shorter lease term, and trustworthy recurrent earnings.

This lacklustre sentiment was mirrored in a 38% y-o-y fall in local purchase quantities in 3Q2022 to US$ 32.6 billion. This was the lowest 3Q quantities for a decade in the region, the record states.

The record is based upon a study of 233 real estate experts and also 101 meetings with investors, designers, residential or commercial property firm agents, and also loan provider brokers.
Generally, the record noted a downtick in capitalist sentiment amid concerns over the rising expense of financial debt, greater rising cost of living, and also a looming recession. These elements saw several capitalists choose to put on hold procurement activities until projections …

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Aurelle of Tampines EC Where Luxury and Convenience Meet in Tampines Street 62’s Executive Condominium Haven

Experience the best of local cuisine at Our Tampines Hub Hawker Centre. With its modern facilities and clean, comfortable setting, this hawker centre is the perfect place to enjoy a variety of affordable dishes. Whether you’re looking for a family dinner or a casual meal with friends, you can find traditional Hainanese chicken rice or unique local fusion dishes all in one spot. And while you’re in the area, be sure to check out the luxurious Aurelle of Tampines EC, just a stone’s throw away.

But it’s not just about convenience and luxury at Aurelle of Tampines EC – the development also offers a plethora of facilities for its residents to enjoy. The development features a 50-metre lap pool, children’s pool, gymnasium, and multi-purpose function room, just to name a few. With such a wide range of facilities, there is something for everyone in the family to indulge in.

Upon entering Aurelle of Tampines EC, one is immediately welcomed by its sleek and modern façade. The development boasts a total of 142 residential units, ranging from 3 to 5-bedroom layouts, catering to the needs of various family sizes. Each unit is thoughtfully designed to maximise space and provide a …

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