Showing posts from July, 2009

Property Launches Optima@Tanah Merah

As posted in on 24 Jul 2009 by John Property Launches Optima@Tanah Merah to be launched Optima@Tanah Merah to be launched The 297 unit, 14-storey Optimah@Tanah Merah is to be l@unched @ the end of the month. The 99-ye@r m@ss m@rket condo is loc@ted right next to T@n@h Mer@h MRT. Developed by TID Pte Ltd, a joint venture between Mitsui Fudosan of Japan and The Hong Leong Group, this District 16 project is expected to TOP in 30 June 2014. There will be five 14-storey blocks with full condo facilities, including a 50m lap pool and basement parking of 297 lots. Number of units and estimated Unit Sizes (sqft) 32 x 1 BR (504 - 596) 79 x 2 BR (714 - 1,400) 70 x 2+1 BR (984-1,699) 70 x 3 BR(1,211 - 2,020) 18 x 3+1 BR (1,268 - 2,392) 28 x 4 BR (1,456 - 3,046) Esimated Prices S$750 to S$800 psf* *Source - Business Times

Property Launches Meadows at Pierce

As posted in on 17 Jul 2009 by Yeo ZH Property Launches Meadows at Pierce Meadows at Pierce Meadows at Pierce is a freehold development located along Upper Thomson Road, right across the Pierce Reservoir. It consists of 479 units housed in one 14-storey block and three 5-storey blocks. Units include: 1 bedroom: 4 units ~ 499 sq ft 1 + 1 bedrooms: 48 units ~ 526 sq ft 2 bedrooms: 86 units ~ 975 – 1229 sq ft 3 bedrooms: 147 units ~ 1159 – 1763 sq ft 3 + 1 bedrooms: 48 units ~ 1182 sq ft 4 bedrooms: 74 units ~ 1593 – 2090 sq ft 5 bedrooms: 15 units ~ 2485 – 2679 sq ft Ground maisonettes: 8 units ~ 2641 – 2686 sq ft Penthouse: 49 units ~ 2030 – 3053 sq ft Prices as yet unannounced.

Property Launches Waterfront Key

As posted in on 17 Jul 2009 by Yeo ZH Property Launches Waterfront Key to launch this weekend Waterfront Key to launch this weekend Waterfront Key is a 99-year leasehold mass-market condo located right along the edge of Bedok reservoir. There are 427 units available in eight 15-storey towers and the project offers a full range of condo facilities. Units available include: 2 bedroom ~ 874 -1177 sq ft 3 bedroom (compact) ~ 1,007-1108 sq ft 3 bedrooms ~ 1134-1,742sqft 3 bedrooms + study ~ 1332-1879 sq ft 4 bedrooms ~ 1488-1564 sq ft Penthouse ~ 2860-3038 sq ft Prices rumored to be in the $700 psf region. [UPDATE 22 July 2009: Waterfront Keys have sold 120 units at an average price of S$735psf. Source: Business Times] See

Why I feel that this is Right time to Buy

10 Reasons why you should buy now 1. The economic data looks better and the hard numbers out on 14th July 2009, indicate Singapore is out of recession. 2. The world economy has shown signs of picking up. Recent readings across many of the world's biggest economies - including the US, China, Japan, Britain and Canada - suggest the global recession is petering out. Canada's central bank declared on 3rd week July 2009 that the country's recession was virtually over. 3. The Stock market is up. With a double-digit gain of 13.98 per cent in July 2009, the local bourse upstaged all other key Asian markets in July's stock market rally - with only Shanghai performing better. It is the fifth winning month for Singapore and follows a record 21 per cent surge in May, as well as gains of 13 per cent in April and 6.6 per cent in March, in June 0.17 per cent. 4. Property prices are inching up in Singapore. Suburban, Ang Mo Kio buyers are paying prices starting from S$1,150 psf (levels

Calculate Sales Proceeds

You need to know the preliminary assessment of the amount of sale proceeds that you may get when you sell your home. This will help you evaluate your financial situation before selling your flat. You would be able to do your sums and minimise the risk of buying another property based on any miscalculations or under-budgeting. To compute the estimated sales proceeds, you would need: 1. The estimated resale price 2. Your loan information on the "outstanding balance" mortgage loan amount which must be fully settled before completion. 3. The amount of CPF monies used in the purchase of the flat, "the principal amount used and accrued interest". 4. Any outstanding payments to the relevant authorities. To compute the estimated sales proceeds go to: Remember to have your Singpass, ID and Password ready. For HDB website: 1 Click on Singpass Icon 2 Click My HDBpage on Right Icon 2 Click My flat 3 Click Financial information

Rent with Peace of Mind

Rent Protection Insurance The first of it’s kind in Singapore and Asia, the product from JLT and QBE makes up for up to 12 months of lost rent (capped at $100,000) in several events, such as the tenants defaulting on payments or real estate agents absconding with rents collected. Protection For Your Investment! In any economic climate, it is prudent to ensure that your investment is well protected against any unforeseen circumstances which may cause financial strain. Rent Protection Insurance preserves the return on your investment; the rental income of your property you have just leased out. It is designed to assist you when your tenant becomes a problem. A tenant may lose his job and stop paying rent. Or disappear without paying rentals in arrears. Or worse, simply not pay and not leave. Rent Protection insurance also takes care of any additional expenses you may need to incur to engage legal assistance to institute legal recovery or eviction proceedings. Easy Access Rent