New Cooling Measures for 2013

1. ABSD:
a. Singaporeans-7% on 2nd property; 10% on 3rd property
b. PR- 5% on 1st property 10% on 2nd property & 3rd property
c. Foreigners- 15% for all properties

2. Min cash down payment for individuals who are applying for a second or subsequent housing loan will also be raised from 10% to 25%.

3. Loan quantum for second housing loan reduced to 50% or 30% if loan tenure exceeds 30 years.

4. Loan quantum for third or subsequent housing loans will be reduced to 40% or 20% if loan tenor exceeds 30 years

5. PR who own HDB flats will be disallowed for subletting their whole flat.

6. Max strata floor area for new EC units to be capped to 160sqm.

7. Sales of new dual key EC units will be restricted to multi-generational families only.

8. New Sellers stamp duty for industrial property of between 5% & 15%, depending on when it is sold.

OTP dated before 12-Jan-2013, must be exercised before 1st feb to not be affected by the cooling measures.

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One Dusun Residences

One Dusun Residences

is poised to be the next sell-out development, following the successes of mixed developments like Katong Regency and Watertown. Mixed development projects with residential and shops have proved to be a hit among investors and home buyers alike in Singapore. What’s more, One Dusun Residences will be situated in the prime District 12, just walking distance from Novena MRT Station! It is very rare for a FREEHOLD mixed development to be in this Balestier / Thomson vicinity, and that is why this project has a huge capital potential appreciation!

One Dusun Residences

One Dusun Residences

has the strategic location with lots of potential capital appreciation because of the upcoming Thomson MRT Station and upcoming Hotel, Commercial and Retail Complex at Zhongshan Park. Not only that, The Bidadari new town nearby could potentially be the new Bishan, a former cemetery but now commanding one of the highest HDB prices. With so many exciting developments coming up in the area, this project will definitely sell-out because those with foresight can see the value in it.

One Dusun Residences

One Dusun Residences

boasts 154 residential units and stands at 29 storeys high. Perfect for the urbanite, SOHO (Small Office/Home Office)-style living is about reinventing the boundaries of traditional spaces and opening up residents to a whole new lifestyle. Every apartment will come with high ceilings, enabling residents to find creative ways to optimise horizontal and vertical spaces. Loft living will enable residents to make use of vertical”void” spaces to sleep, rest and relax, while leaving horizontal floor level space for work and play.

All apartments are located at or above the 7th floor, while the infinity pool, facilities deck and activity pavilions sit on the 7th floor, enabling the entire development to tower above its neighbours. Only for the discerning few, this luxury residence opens up to 7 penthouses occupying both the 28th and 29th floors, offering views of the Orchard Road skyline and the lush greenery of the Chancery Hill vicinity.

Designed with your comfort and convenience in mind, residents of One Dusun Residences will be living above a cosy shopping enclave consisting of 2 storeys of 76 exciting retail stores. A collection of F&B outlets, shopping and lifestyle services will enable residents to get their daily necessities, spa treatment, morning cup of cofee and toast right at their doorstep.

One Dusun Residences will be launching on 17 Aug! Register your interest now for best units and early bird discount!

Residential fr $6xxK onwards!
Commercial fr $7xxK onwards!

Call me +65 98791000 to register for VVIP Preview! Book now to avoid disappointment!

 

One Dusun Residences

Why Invest In One Dusun Residences?

1. Rare Freehold Mixed Development  at Balestier and Thomson vicinity

2. Convenient centralized location in the city itself, within walking distance to Novena MRT Station in District 12. Just minutes to Orchard Shopping Belt, Integrated Resort, Marina Bay Financial Hub

3. Near upcoming Thomson Line MRT Station

4. Next to the upcoming Hotel, Commercial and Retail Complex in Zhongshan Park

5. Near Singapore’s World-Class Medical Services Hub – Thomson Medical Center, Mount Elizabeth Novena Hospital, Tan Tock Seng Hospital, Renci Hospital, Novena Medical Suites, Novena Medical Centre, Lee Kong Chian School of Medicine and John Hopkins Singapore

6. Wide array of amenities – Dining, Shopping, Convenience and Entertainment

7. Close proximity to reputable and established schools – CHIJ Toa Payoh, Raffles Institution, ACS Junior, ACS Barker, SJI Junior, Balestier Hill Primary School, Pei Chun Public School, Catholic Junior College, SJI International School, Global Indian International School, Curtin University and Queen Margaret University Asia Campus

8. High potential with capital appreciation with the upcoming Zhongshan Park and mixed development popularity

9. Affordable low quantum with good rental yield

10. Very good sizes and practical layout with no bay windows

11. Whampoa will receive a $90 million government upgrading programme planned for the area over the next five years

Best Investment for Investors on Commercial:

1. Good Frontage: good flow of traffic in this location daily

2. Mins away from all your customers and suppliers

3. Loan up to 80%, Down payment 20%

4. No Additional Buyer’s Stamp Duty (ABSD) or Seller Stamp Duty, can buy and sell anytime

5. High investment and rental yield

One Dusun Residences

One Dusun Residences


Call me +65 98791000 to register for VVIP Preview! Book now to avoid disappointment!

 


One Dusun Residences
 
Specifications

PROJECT NAMEOne Dusun Residences

Description : 29-storey part commercial & part residential development comprising of 4/6 storey podium for commercial uses on 1st & 2nd storey & carparks.23-storey residential blk & 6 level multi-carpark with communal facilities on the roof deck of the podium.

Loaction :  No 1 Jalan Dusun s(329363)

District : 12

Tenure : Freehold

Developer : LVND Homes Pte Ltd

T O P : Dec 2017

Site Area : 32,593 sqft

Facilities : Swimming Pool , Communal Planters , Pool Deck , Jacuzzi / Bubble Pool , Gym , BBQ Area , Private Dining Area , Poolside Dining Area , Reading Lounge , Children’s Playground

 

One Dusun Residences

 

 

Unit Mix :

Stack 01 : 2 Bedroom : Type A2-G - 603 sqft (PES /Jacuzzi ) / Type A2- 484sqft = 20 units

Stack 02 : 2 + Study :  Type B2-G - 883 sqft (PES /Jacuzzi ) / Type B2 - 667 sqft =21 units

Stack 03 : 2 Bedroom : Type A3-G -786 sqft (PES /Jacuzzi ) / Type A3 - 527 sqft = 21 units

Stack 04 : 2 Bedroom : Type A4-G - 570 sqft (PES /Jacuzzi ) / Type A4 - 452 sqft = 21 units

Stack 05 : 2 Bedroom : Type A5-G - 689 sqft (PES /Jacuzzi ) / Type A5 - 527 sqft = 21 units

Stack 06 : 2 + Study : Type B1-G - 893 sqft (PES /Jacuzzi ) / Type B1 - 657 sqft = 21 units

Stack 07 : 2 Bedroom :  Type A1-G – 603 sqft  (PES /Jacuzzi ) / Type A1 – 484 sqft = 20 units

Penthouses :

Stack 01 : 2 Bedroom : Type A2-P - 796 sqft

Stack 02 : 3 Bedroom : Type B2-P - 1098 sqft

Stack 03 : 2 Bedroom : Type A3-P - 947 sqft

Stack 04 : 2 Bedroom : Type A4-P - 904 sqf

Stack 05 : 2 Bedrrom : Type A5-P - 980 sqft

Stack 06 : 3 Bedroom : Type B1-P - 1087 sqft

Stack 07 : 2 Bedrrom : Type A1-P – 807 sqft

Total Units : 230 Units (Residential – 154 Units, Shops/F&B – 76 Units )

 

One Dusun Residences

One Dusun Residences Attractions

  • 8 mins walk to Novena Mrt
  • -Mins from CHIJ Primary & Secondary School (Toa Payoh) and
  • Balestier Hill Primary School and close proximity to Catholic Junior College and Pei Chun Public School, Anglo-Chinese School and Primary School (Barker Road).
  • -Close Proximity to SJI International School, Global Indian International School and Curtin University and Queen Margaret University Asia Campus.
  • Located in Centralise City Fringe
  • Affordable Low Quantum with Good Rental Yield
  • Mins away from Novena / Toa Payoh MRT
  • Plenty of Famous Eateries, Shopping Malls in the vicinity
  • Mins drive to Integrated Resort and Suntec City
  • Easy Access to Expressway like PIE, KPE and ECP
  • High Potential with Capital Appreciation with the upcoming Zhongshan park
  • Close Proximity to Singapore Medical Hub and Medical Facilities

 

You are just one minute from getting a unit at One Dusun Residences!




 

Call me +65 98791000 to register for VVIP Preview! Book now to avoid disappointment!

A few years from now you could be walking by this project and thinking, “This is such a beautiful project, how I wish I had gotten a unit here..” or you could be thinking, “What a beautiful project! I’m so glad I own a unit here.” Which one is better for you?

Industrial Property Prices are On Fire

While many market watchers have their attention on the residential market, one segment that has gone through the roof is industrial property. In 2Q2012 the Industrial Property Price Index registered a stunning 8.4% quarter-on-quarter growth to hit 168.4, an all-time high. This was the eleventh quarter of growth, and unlike the residential property segment, the rate of growth is accelerating.

How many floors can I have or built for my house?

Do you know that this information is publicly available?

 

All you need to do is to go to URA Masterplan 2008, if you have an iphone or ipad, please download the FREE App.

 

Within the App, just key in the address on top and Select Map – “Landed Housing Areas Plan”

You will see what kind of zone the house that you searched is found in.

 

You might see “2-Storey Semi-Detached” or “3-Storey Semi-Detached”. (Refer to picture; there are 6 kinds of zone)

When it says 2-storey – that means that you can build up to 2.5 storey, the 0.5 storey refers to an Attic and so on.  Simple?

 

On the Web, it is slightly more complicated.  Enter the address, than go to the button on the left – “URA Maps”.  Click on it and select “Special and Detailed Controls Plan”.  After this go to the box of the Right side “Special and Detailed Controls Plan” select maps to view, select  ” Landed Housing Areas Plan” and you will get to the page like the picture I have attached.

 

What if you see nothing but a white background?  That means that this house is not found in a specific Landed Zone but built in a Mixed Residential Zone.  In this case, the default is 3.5 storeys!

 

3 cheers for URA for their support for high tech and also 3 cheers to Singapore for this transparency that makes our lifes so easy:)

18 Mount Elizabeth – Chateau Eliza For Sale by Tender

18 Mount Elizabeth – Chateau Eliza For Sale by Tender

Singapore: Knight Frank Singapore is pleased to re-launch Chateau Eliza, a prime freehold residential redevelopment site along Mount Elizabeth for sale by tender.

Chateau Eliza, located just off Orchard Road, has a land area of 17,997 sq ft. It currently comprises 37 residential apartments with unit sizes ranging from 829 sq ft to 3,337 sq ft. Under the 2008 Master Plan, the land is zoned for Residential use with a plot ratio of 2.8. The current built-up gross floor area is 52,887 sq ft which works out to a gross plot ratio of 2.939. The site presents an opportunity for the successful bidder to operate as a serviced apartment subject to the approval from the relevant authorities.

The site enjoys easy access to other parts of the island via the Central Expressway and the main arterial roads of Orchard Road, Scotts Road and Paterson Road. Shopping and entertainment amenities are easily available at the vibrant shopping belt of Orchard Road.

Well-known and sought after schools within the vicinity include Anglo-Chinese School (Junior), Anglo-Chinese School (Barker Road), St Margaret’s Primary School, Singapore Chinese Girls’ School, St. Joseph’s Institution Junior and St. Joseph’s Institution. International schools located nearby include Chinese International School Singapore, ISS International School Elementary and Middle School, Chatsworth International School and EtonHouse International Pre-School (Orchard).

At the current reserve price of $108 million, it translates to a land price of $2,042 psf ppr based on the proposed gross floor area of 52,887 sq ft that a new development could be build on the site. No development charge is payable. With an additional 10% balcony area, it translates to $1,925 psf ppr, based on the potential GFA of about 58,176 sq ft with development charge of approximately $4 million payable. Breakeven cost is expected to be $2,600 psf – $2,650 psf.

“After the last unsuccessful tender exercise that closed in May this year, the Collective Sale Committee (CSC) had commenced a process to seek a written mandate from at least 80% of the owners to lower the current reserve price of $108 million. To date 79% of the owners have agreed to lower the current reserve price, subject to 5-days cooling off period,” says Mr Ian Loh, Director & Head of Investment, Knight Frank.

“New residential apartments in the vicinity such as Helios Residences (freehold) and Scotts Tower (103-year tenure) are mostly transacted in the range of $3,200 psf – $3,800 psf since the beginning of the year. Chateau Eliza is probably one of the few high rise residential sites off Orchard Road where the Gross Development value is less than $200 million”, added Ian.

The tender will close on 14 August 2012 at 3.00pm.

Knight Frank is the sole marketing agent for the Collective Sale of Chateau Eliza.

85% of units launched at Bugis Cube sold

New kid on the block: Located opposite Bugis Junction and a short walk from Bugis MRT Station,

Bugis Cube

THE official launch of Bugis Cube, a 999-year-leasehold development, attracted brisk sales over the weekend, with 77 of the 91 units launched sold.

The project drew interest from both retailers and investors, with units sold averaging 33 square metres (355.2 sq ft), said Mary Sai, executive director at marketing agent Knight Frank.he 14 remaining units are spread across the second and third storeys, and average 27 sq m to 33 sq m. Located opposite Bugis Junction and a short walk from Bugis MRT Station,

    Bugis Cube

will span six floors of retail and F&B space.

Unit sizes range from 129 to 635 sq ft, with prices ranging from $2,900 per square foot (psf) to $7,500 psf, depending on the exact size and siting of the unit.
Every shop will be fitted with a water point and F&B outlets will be provided with a grease trap.
The development is 92 per cent owned by ERC Holdings subsidiary Griffin Real Estate Investment Holdings.
Ms Sai said that the project received encouraging response from both retailers and investors in the during the preview phase.
Investors have been lured to commercial properties following the raft of cooling measures imposed on residential properties.
There were 611 transactions of strata retail units totalling $656 million last year, up from 543 deals worth $608.l2 million in 2010.

In the first three months of this year, there were 208 transactions totalling $156.7 million.

Reference:The Business Times, 26 June 12

More Bugis Cube Project Info Here

Call me +65 98791000 to book your unit now to avoid disappointment!