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Singaporeans love freehold properties; and in many discussions, there's an emphasis on the permanence of a housing asset. Many feel that a leasehold property is too transient, or complain that even a freehold property might be seized by the government. But behind all this, there's an important question that's rarely asked: How long does the typical condo survive in Singapore?. ....
7 new launch condos with fire sale potential asiaone.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from asiaone.com Daily Mail and Mail on Sunday newspapers.
Overall rating A new launch with a gorgeous, modern architecture in D15. Amber Park's modern design certainly draws attention to itself. Its 600m rooftop jogging track is also advantageous for those who want amazing views, but aren't willing to pay for it. However, it does lack a tennis court in an area where developments of this size has. ....
126 Special shoutout to the Sun Rosier deal as the owner made 101per cent even after factoring the SSD in 6 months. As you can see, it’s possible to profit off an en-bloc sale, even taking into account the SSD. This was why, in 2017 or prior, it wasn’t uncommon for investors to show interest even in very old properties (or sometimes, interest because the property was old). However, we should note that 2017 was an exceptional year, and there have been many changes since In 2017, local and foreign developers were both competing to build their land banks. This resulted in an en-bloc fever, with unusually high land prices. For example, Sun Rosier, in the above transactions, was bought at a total cost of $271 million. ....
Number of units: 592 Square Foot Research indicated a median developer price of $2,369 psf. The lowest recent price was $2,378 psf, and the highest was $2,604 psf. Notable highlights: Amber Park was one of the best known Katong / Marine Parade area condos of its day, so it’s unsurprising its replacement chose to retain the name. Much like its predecessor, Amber Park benefits from being close to the lifestyle stretch of East Coast Road. It’s only 500 metres, or a four-minute walk, to where the stretch begins (around Katong Shopping Centre). From there it’s family-friendly pubs, restaurants, diners, etc. all the way to the Joo Chiat area. ....