S’poreans more cautious on buying foreign property

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Singaporean buyers have become more cautious when it comes to buying foreign properties, reported Singapore Business Review citing the Monetary Authority of Singapore (MAS).

In its latest Financial Stability Report, MAS shown that Singapore households pumped $0.4 billion into overseas property trades in 1H 2015, down from the $1.1 billion injected in 1H 2014.

“This implies that Singaporeans are embracing a more careful approach towards such investments,” said the MAS.

Foreign property bargains have been on a steady decline since its peak in 1H 2013, when the bargain value stood at around $1.7 billion.

“While the weakening of some regional currencies vis-a-vis the Singapore dollar may lower the expense of investing in overseas properties, homes needs to be mindful of the additional hazards related to investing in overseas property markets,” warned the central bank. Looking at the Stars of Kovan, making the new mixed development in Kovan!

“In particular, currency fluctuations could impact the value of their debt obligations as well as their rental returns. Potential oversupply issues in overseas property markets could exacerbate the possibility of capital losses and significant price falls to investors. Households should continue to carry out due diligence before making any property investments, including for international properties,” it included.

Prime site near Serangoon MRT Up For Sale – URA

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On 22 September, URA declared that it had received an application from a programmer for the site to be activated for sale. The developer committed a minimum bid of $250 million in the tender.

Ft site will have sq the 150,711 a maximum permissible gross floor area of 452,138 sq ft, and is expected to yield about 465 housing components.

Found within an established residential estate, the site is close to NEX shopping mall, Serangoon MRT station and reputable schools for example Maris Stella High and Nanyang Junior College.

The bid for the land parcel will close on 5 November 2015. Any tender below the minimum bid price of $250 million WOn’t be considered, said URA.

Another new development will also be developed at Potong Pasir, The andrew residences

Sturdee Residence

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Sturdee Residence is a brand new residential condominium deveopment under the famous SL Capital 1. Comprised of a high rise building which has this property, changing units can be said to be a home that was really wonderful.

Sturdee Residence Condo

In regards to how many bedrooms Sturdee Residence units changes otherwise. It could accomodate up a bachelors to modest amount of families with all the relaxation that every property-seekers need. Big windows which lets natural light to thrive as part of your house to get a much more capacious ambiance are presented by the broad units. Each layout presents elagance which you will actually want for the area you could call home. Using the top notch appliances equipped for each unit, manueverability and the relaxation is really astounding.

Sturdee Residence

The development can also be built with modern facilities which will help you together with your day-to-day tasks. A pool is not absent to get a refreshing dip beneath the warmth of the sun that is sizzling. An indoor fitness center lets you work out on those muscle to get a body that is much more assured. The children’s playground lets your youngsters get familiar with all the nearby youngsters and in once have fun. Auto park and the service elevator adds in your home to the convenience, as well as the outstanding security it could offer.

Food centers together with numerous shopping malls and eateries are within short distance from the property which future residents to savor and have a great time together with to meet the desire of their palate. The wellknown Orchard Shopping District can also be several minutes from the house.

Sturdee Residence Perspective

A only space from the type of schooling your children deserve expects.

Take pleasure in the spectacular and amazing mansion this development can offer. Convenience, luxury and comfort awaits for those who’d avail a component in this remarkable property called Sturdee Residence.

Sturdee Residence Place
Sturdee Residence is connected to public means of transportations like bus and MRT statins along with numerous destinations via major roads and highways.

Sturdee Residence Floor Plan offers an extremely fine selection of units that changes. It could accommodate small to moderate-size amount in a household. Each unit has a spacious and elegant layout that your loved ones as well as you will really love. Additionally it is built with top notch appliances and furnitures that can give you luxury and great convenience that you simply have been searching for. The tasteful inside which presents large windows and a high ceiling lets you have a broad ambiance for a relaxing stay at your property.

Signature at Yishun

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SIGNATURE the newest Executive Condominium, at Yishun by JBE Holdings. Nestling close to the waterline of the Lower Seletar Reservoir and verdant greenery of the Orchid Country Club, the 525-unit SIGNATURE at Yishun brings home the very best of urban lifestyles and natural landscape in the heart of the quickly evolving Yishun New Town.

The 99-years leasehold executive condominium development is located at Yishun Street 51, and is only a stone’s throw away from Yishun Stadium. Future residents will soon have the ability to access Khatib MRT along with the nearby eateries.

Fully being a short drive away from Seletar Expressway makes commuting to other parts of Singapore along with the city a breeze. Touch at Yishun is additionally a brief drive away from Seletar Aerospace Park and is near Khoo Teck Puat Hospital.

Signature at Yishun is going to have an iconic clubhouse designed with a classic pineapple monogram (that pays tribute to Yishun of the past renowned for its luxuriant pineapple plantations) as well as other luxury pampers such as Poolside Cabanas, Hydrotherapy Alcove, Health Spa Beds and 3G Fitness Cove.

There’ll likewise be a host of tradition-inspired facilities like “Chapteh” Terrace and “Five Stones” Water Pods that are modern interpretations of conventional idols.

He is famous for designing the homes of stars such as, Zhang Ziyi, Stephanie Sun, David Gan, amongst others.

A favourite among well known brands, he has designed interiors for Richard Mille, SC Global, Manolo Blahnik and Armani Casa.