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Sky Everton hits new psf price high of $3,406 psf

A six-bedroom, 2,228 sq ft penthouse at Sky Everton was sold for $7.59 million ($ 3,406 psf) on July 26
The growth was introduced to buy in June 2019, with greater than 40% of systems marketed during its launch weekend break at an average price of around $2,500 psf. According to evaluation on EdgeProp Singapore’s study tool, the task has actually seen reasonably regular sales and also prices have slowly risen to an average of $2,865 psf in the last 12 months as of August.

On The Other Hand, One Meyer– a freehold apartment located along Meyer Place in District 15’s Marine Parade– saw a new low in regards to price when a 926 sq ft, three-bedroom device was cost $2.24 million ($ 2,419 psf) on July 28. This marks the sale of the last house offered at the 66-unit shop growth by Sustained Land, which means it is 100% offered. The project, which launched to buy in March 2019, saw its units sold at a typical cost of $2,580 psf over the past 3 years.

A six-bedroom, 2,228 sq ft penthouse at Sky Everton skies sold for Marketed7.59 million ($ 3,406 psf) on July 26
One of the two …

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Government to reduce supply of EC Land

The government is expected to trim down the supply of land intended for private and EC Tampines Ave 11 Condo housing on the confirmed list for H1 2015 Government Land Sales (GLS) programme due to rising vacancies and sluggish sales, according to property experts in media reports. Therefore existing land like Westwood Residences will continue to be in demand.

Chua Yang Liang, JLL’s Research Head for Southeast Asia, said, “The period of supplying sufficient land to meet the pent-up demand arising from the large population growth between 2007 and 2009 is over. Now the state is likely to be looking at maintaining sufficient new supply to meet the long-term housing need, i.e. from new household formation in Westwood Residences”.

Westwood Residences Land Sales

In concurrence, Savills’ Alan Cheong noted “the general undersupply situation has been resolved and thus the GLS Programme may reflect a more sedentary pace in line with demographic trends.”

R’ST Research believes the land to be released under the confirmed list for the second half of next year can yield about 1,900 units and this include Westwood Residences, while JLL projected a higher figure of around 3,700 units.

On the other hand, experts feel that land on …

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Differences Between Buying a New Launch Vs a Resale Condo

Buying a new condo instead of an old one is a big decision. You’ll be spending a good chunk of change on your condo. On the other hand, when you buy an old condominium, you’re likely stuck with it. If you decide to sell it in the future, you won’t get top dollar for it. The thing with condos and old condos Tampines Ave 11 Tender is that sometimes they don’t sell. And even if you do sell it, there’s no guarantee that it will sell for what you paid for it.

In order to make sure that you’re getting a great deal when you buy or sell an old condo, there are a few things that you need to keep in mind. First, remember that Condo Salesmen are experts at selling Condos. This means that they’ve probably had a lot of experience selling them before. They know how to price a condo. They also know what Condo neighborhoods are most likely to be profitable.

When you’re shopping for an old condo, the best thing that you can do is to ask questions and look around. Don’t be afraid to walk away if you don’t feel comfortable with the salesperson. …

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Paya Lebar Airbase to make way for future town with 150,000 new homes

The moving of the airbase to Changi was introduced in the National Day Rally of 2013. Paya Lebar Airport officially opened up in 1955, and was Singapore’s initial business global flight terminal before Changi Airport was developed. In 1981, Paya Lebar Airport was exchanged an army airbase.

When Paya Lebar Airbase moves out in the 2030s, it will be redeveloped right into a brand-new community with around 150,000 brand-new houses, states Prime Minister Lee Hsien Loong, at the National Day Rally on Aug 21.
Read likewise: The next phase in Paya Lebar’s growth

Artist’s impact of future town with central back on the website of the Paya Lebar Airbase when it’s moved

The moving of the airbase will certainly also mean several of the building height constraints around it can be lifted. This means, adjoining towns such as Hougang, Marine Parade or Punggol can be redeveloped, with even more amenities consisted of and also better use space.

Paya Lebar Airport officially opened in 1955, and was Singapore’s first business global airport terminal prior to Changi Airport was built. In 1981, Paya Lebar Airport was transformed right into an army airbase.

The path can be repurposed right into the community’s “main …

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DIY vsProfessional Fence Painting Choosing the Right Approach for a High-Rise Condo

One crucial factor to consider when investing in high-rise condos in Singapore is the government’s implementation of property cooling measures. In an effort to maintain a steady real estate market and discourage speculative buying, the Singaporean government has implemented various measures throughout the years. These measures, including the Additional Buyer’s Stamp Duty (ABSD), impose higher taxes on foreign buyers and those purchasing multiple properties. Although these measures may temporarily affect the profitability of condo investments, they also contribute to the long-term stability of the market, creating a safer and more secure investment environment for buyers. As such, investing in high-rise condos through Singapore United is a wise and strategic decision.

When it comes to painting your high-rise condo’s fence, you may find yourself torn between tackling the project yourself or hiring a professional. While DIY projects can save you money, hiring a professional can provide convenience and a polished finish. To help you make the right decision, let’s take a closer look at the differences between DIY and professional fence painting for a high-rise condo.

Hiring a professional to paint your high-rise condo’s fence may come at a higher cost, but it offers several advantages. For one, you can save …

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