Category: Real Estate and Property

Buying a property in Singapore is not an easy task, whether you purchase it for investment or residential purposes. However, the same thing applies when you decide to purchase a condo in the prime location of Singapore.

 

When it comes to high-class condos in Singapore, you can always buy them by spending a good amount of cash and experiencing comfort as well as elegance. You can also check Tengah Garden EC floorplan which is an upcoming project in Singapore and offers all the costly amenities and luxuries that you want in your life.

 

But there are a few things that can assist you in buying a perfect condominium in Singapore.

 

Location

 

The location of your condo is really important and something that you cannot ignore. Make sure that the condominium you buy is located at a reachable location and is easily accessible by both private as well as public transport.

 

The location of a condo is considered perfect when it is reachable easy by residents and visitors via public transport, bike-friendly, main roads, etc. The property should always be located near the necessary public facilities such as gyms, schools, hospitals, local markets, shopping malls, and so on.

 

Eye-catchy architectural design

 

In this contemporary and world-class city in Singapore, the architecture of the building often reveals a lot about the status of condominiums. In Singapore, it is really easy to find a number of luxury condos that are designed by famous architecture designers and firms.

 

When it comes to great architecture design then it is not only about giving attention to the exterior design of the condo but also interior and landscaping design at the same time.

 

Size

 

The moment condo or luxury condos in Singapore, your mind quickly starts imagining about wide hallways, big bedrooms, and spacious living rooms as well. Whenever planning to purchase a condominium, you must consider its size because it is one of the important factors.

 

In case, you are looking for amazing condos in Singapore that are not only spacious but also within your budget then contact the Tengah Garden EC developer once.

 

Facilities/amenities offered

 

In ordinary condos, you will find 24-hours security service, elevators, and within-building gyms. But when it comes to luxury condos, you will find a number of facilities that will ensure luxury living.

 

In a luxury condo, you will find a spa, swimming pool, a gym equipped with all the modern training equipment, a high-speed elevator that takes you to your condo straight, and much more.

 

Parking area

 

In almost all the best condos in Singapore, you will find parking space that is enough to park your 2 cars that too with great ease. In various urban areas, finding safe parking is really difficult. Having a private parking spot in your condo is no less than a luxury.

 

Therefore, if you want to enjoy living in a condo then Tengah EC is the right option.

District 15 is in the Eastern area of Singapore, along the popular East Coast Park, and is placed almost outside the CBD.

The East Coast region is deemed the greatly prestigious residential area after Orchard Road’s top districts as well as Sentosa Cove and Marina Bay.

Did you know District 15 is one of the prime options for ex-pats and Singaporeans to inhabit? Here’s why.

Environment and Surrounding

East Coast is liked for its domain and encircling. It gives a calm and prosperous withdrawal from the bustling city existence, so it’s an excellent residential area for households to settle in.

The Availability of Schools 

For every aspect from preschools to tertiary institutions， the availability of academies on the East Coast adds to the interest in this region. They encompass Victoria School CHIJ Katong Primary and St Patrick’s School. Some International Schools are moreover in the vicinity. The Thiam Siew freehold condo is encircled by several reputed schools, so you will not have to worry about your child’s schooling living here.

Connectivity and Accessibility

The forthcoming Thomson-East Coast Line (TEL) which will be finalized by 2024, is one of the vastly substantial lines in Singapore, relating to all key places such as CBD Area, Gardens By the Bay, Orchard, and even to Johor Bahru, Malaysia via Rapid Transit System. Traveling to a job or town region takes you no extra than 15 minutes. Some new blastoffs along Amber Road and Meyer Road are found near Tanjong Katong and Katong Park MRT depot. More residential properties are furthermore located along with Bayshore and Marine Parade MRT stations.

One of the most awaited residential properties ThiamSiew is about to finish designing and the Thiam Siew price is made out for luxury enthusiasts wanting a flat in this beautiful condo.

Convenience

The district shows off several amenities in the region and some straight at your doorstep. Malls like 112 Katong and Parkway Parade are available. Grocery shopping will be a wind with these shopping malls nearby.

Food Paradise

Places along Joo Chiat, East Coast, and Katong are a eats paradise with delicious food at every nook catering to various flavors and allowances! From bars to cafes to the regional fare, you are clearly in for a treat!

Sea View

Who doesn’t like a million-dollar blue view? In Singapore, properties with sea image are low in stock so it’s no surprise why it’s ever highly strived after. Well, largely residential developments on the East Coast arrive with wonderful sea views.

The East Coast Lifestyle

Due to its vicinity to the famous East Coast Park, which is very prominent among residents and tourists, district 15 is stored with alternatives for exciting outdoor actions and water sports. East Coast Park is the hugest beach park in Singapore and there is certainly an activity for everyone to celebrate such as canoeing, jogging, cycling, barbecue, or almost loosening up at the beach.

Freehold Properties 

District 15 is home to a distinct quantity of freehold developments like the Thiam Siew condo. Meyer Road and Amber Road are recognized for the concentration of freehold land, and residential undertakings in these two regions are found near the beach with simple access to the CBD. They are presently one of the primary town border residential settings in Singapore.

Freehold property is one, where the residents own the building along with the land in perpetuity. As its name suggests, a property on a freehold is free from the hold. The sale of freehold is comparatively simpler.

• Benefits of a freehold property:

A freehold provides you with complete freedom. No further payments are required when have paid for your land. These extra payments may be in the form of service charges, ground rents, and other types of charges that are applicable on a leasehold property. A freehold property has no restrictions regarding visitors and time. This, the owner can do whatever he wants to do in the allotted area. If you also want to live with the unlimited benefits of a freehold condo, then you can choose the Ambersea freehold condo as your residence. It is an extremely beautiful residence structured in district 27 near Amber Sea.

• Rights of the owner of a freehold

If the property can be inherited then there is no such restriction to transfer the property. It can easily be transferred by registration of a sale deed as there’s. No encumbered title of the property. Nowadays, freehold condos are being built by reputed developers to accommodate the desires of a residence.

• Home loan for a freehold condo-

Though freehold properties are more expensive than leasehold ones, they also add on several benefits of ownership. Don’t worry if you don’t have a stock of cash in your hand, you will get an easy loan for your property.

Loans for freehold property are easier than loans for leasehold, as it is considered a safer environment. The registration of the property is done and is expected to increase in their value. Moreover, the banks are also available interestingly to provide a loan for a freehold property with a higher market value. High market value means that the loan to value ratio can be 80% of the market value of freehold property.

Can leasehold be converted into a freehold property? The answer is yes, it can be done through a clear sale deed, a no-objection certificate, and a general power of attorney. Additionally, there would be a conversion fee also, to the relevant authorities. Convert your dream into reality and get in the fully sumptuous Amber Sea freehold condo without worrying about your finances.

• What is better a freehold or leasehold? 

Most buyers prefer to buy a freehold condo as the prices do increase more steadily as compared to leasehold properties. Furthermore, it’s easier to get mortgages for a freehold. If you have invested in a leasehold property then the ownership will remain in the hand of the owner.

• Why freehold property does not depreciate? 

The freehold land does not depreciate as the hand does have an unlimited useful life. Other long-life assets such as buildings, land improvements, equipment have limited useful lives. The owner of a leasehold asset cannot sell the property, there is no depreciation factored in a leasehold property.

When it comes to a house purchase, what do you consider to be more important? The extent of your home or the locale? Though both are crucial the ones that will go heavy, will depend upon your needs and wants. Realtors will always tell you to incline towards the location factor. However, people looking to increase their family may need to sacrifice the perfect location.

The size of the home is more important if:

 

You plan to grow your family

It may be better to direct yourself toward a larger home when you plan to grow your family. As we start or grow our family, it’s an important fact to be kept in mind that there should be enough area in your house to accommodate a comfortable life.

You need more space for guests

In few homes, there’s already a merry-go-round of visitors and guests. Whether it’s in-laws popping by family visiting or friends crashing on your couch. Then having a larger space for the couch would be a great option.

Your downsizing

It’s not necessarily important to have a large home every time. Sometimes, many wish to have a smaller home. They just want to have a simple life. Or you travel a lot and remain outside. Then, of course, there’s no sense to have a large house.

In addition, you stay rarely at your home, so location in this case rarely matters.

The location of your home is important when:

You want an ideal work commute

Staying in a busy city? Then, of course, traffic and long routes would be a problem. What if you get great connectivity and highways just near your house? Kindly visit the official site of The Commodore: https://finestservices.com.sg/the-commodore/ and have a great location. It is strategically sited in the heart of Canberra. It is located near Canberra MRT station so that you do not have to trouble much while accessing other areas of Singapore.

You want to rent out your house

The location of your home is really important when you want to rent out your home or to have an Airbnb visitor. And even when you plan eventually to sell your home, it’s easy to find clients when you have a great location. Remember, the value of your property depends on the location factor and it has a long-term appreciation potential.

You have school-going children

Want your kid to reach school without any hassle? Well, it will also save you extra transportation fees. During your house-hunting process, your realtor can help you to find out a place where there are a lot of reputed schools.

If you are a parent or planning to be, then living in The Avenir: https://finestservices.com.sg/the-avenir/ would be a blessing. You can enroll your children in the most reputable schools which lies within the range of 1 km. River Valley Primary School is one of them.

If you do not want to stick between these two important factors, you can surely opt for a condo that is in a perfect location and has a great size. If you are living in Singapore, then The Commodore must not be a new name to you!

Everyone knows that real estate – residential or commercial, it does not matter – which is located in the central part of Singapore, regardless of condition is much more expensive than similar in area and quality of equipment, but located on the outskirts.

But this is not the only factor that determines the value of luxury real estate. Here is our expert’s list of what most often affects pricing in the premium real estate segment.

Area and location of the house

The prestige of the area in which the property is located, its infrastructure, proximity to parks, green areas and reservoirs, transport accessibility and ease of access to the main highways of the city – these are the most important points influencing the price of real estate class “business” and above.

Type and material of the house, planning

Buyers prefer brick houses, which have much better heat and sound insulation, or buildings, the construction of which has already taken into account these factors. Here Amber Sea developers must mention the planning – for those who buy luxury real estate, it is important not only the number of square meters, but also how modern, comfortable and practically distributed space. An important component of the cost here is also the presence of a balcony and private terrace. Read more on Amber Sea official detailed overview.

Condition and quality of repairs in the apartment

We live in an age when people have become more important in their health and the environment in which they spend their time. Of course, this is also taken into account when choosing housing and also affects the value of real estate. It goes without saying that the fresher the repair, the more valuable it is in the total cost of the apartment or house, but no less important materials that were used in the implementation – natural stone and wood in the cladding, quality paint, wallpaper and more, this is why not save and what those who choose real estate in luxury homes are willing to pay for.

View from the window, the area near the house and the condition of the entrance

Wonderful panoramas of the city, beautiful scenery from the windows surrounding the sights, a quiet closed courtyard, the landscape of the inner complex, the presence of playgrounds, swimming pool, football field, landscaping – this is what adds to the price of all real estate. Owners of business and premium housing emphasize that they are willing to pay extra for the preventability of the entrance group and the hall of the house, as this is something that can lead or spoil the impression before you get into the condominium.

Security of residence

Probably, this item should be one of the first on this list, because at home you just want to relax, sleep peacefully and do household chores, go for a long time from home to other cities and countries, and put all care for the safety of your property and your security company.

The floor on which the apartment is located

This point is usually in the assessment of the cost of apartments of “economy” and “comfort”. And this is understandable. If the house does not have an elevator, the apartments above the third floor will be cheaper. When forming the value of luxury real estate – this is also an important factor, because with the density of buildings in the area, with each floor increases and view from the windows, and the distance from noise and dust from the yard or roadway while the windows are open.

Real estate prices may fall and rise under the influence of external circumstances. But these components will always be in the price for those who choose life at the highest level.