Martin Modern Robertson Quay and Clarke Quay

Guocoland has come up with a new condo, Martin Modern Great World City, which is situated in the prime district near Orchard. This condo has attracted a total of 13 bidders. The plot of land is giant with beautiful and spacious landscapes which can be used to build all necessary developments for a cosmopolitan lifestyle. The flats would be shown to interested customers and real estate agents from 8th July and it will be open for 2 weekends only.

Martin Modern Great World City MRT Station

The highest bid for Martin Modern condo has been $1,239 per square feet ppr and the second highest was $1,163 per square feet ppr. This has been a record and it also displays the faith buyers have on this particular plot of land. This record was set due to the recent units that have developed in and around the surrounding areas like Cairnhill Nine. Also the location is such that it is close to all the amenities and shopping centres that one would need for a lavish lifestyle. The development is located near to Robertson Quay and Clarke Quay.

The Somerset MRT Station is a walking distance from this extra-ordinarily unique condo, and the location is at the corner of River Valley Close and Martin Place. The nearby residential areas are all posh like the Robertson Quay where the people lead a hip life and there are modern wine bars, food outlets and cuisines, retail shops, cafes etc. The Marina Bay, Central Business Drive and the Orchard are accessible by driving just a few minutes. The Civic district known for arts, culture, galleries, museums are 10 minutes’ drive away. And if one walks 15 minutes, then the Alexandra Park Connector and Fort Canning Park can be found.

Martin Modern Robertson Quay and Clarke Quay

Developer : First Bedok Land Pte LTd OR Guocoland
District : D25
Tenure : 99 years
Site Area : 171, 535 square feet
Total Floor Area : 480, 307 square feet
Units : 450
Blocks : 2
Storeys : 30
Carpark Lots : 450 (approximately)
Consultants : ipli Architects is the Master Architect, ADDP Architects is the Project Architect and ICN Design International are responsible for Landscape Designing.
An investment for a house is an integral and a costly affair for any person. Martin Modern is offering one of the best living experience at the most competitive rate. It is located at the centre of Singapore and is properly connected to other parts of the city by the bus interchange and the MRT station. There are 3 shopping malls Central Mall, Concorde Shopping Centre and Robertson Walk that are situated nearby. There are educational institutions like Outram Secondary School and River Valley for primary school goers. Apart from these the amenities available inside the development are – playground and garden, Bar-b-queue area, clubhouse, gym, swimming pool etc.

Martin Modern

Martin Modern has 1 bedroom, 2 bedroom and 3 bedroom units which would be either facing the River Valley Road or the Martin Road. Mostly the residents of 6th floor and above would get an unblocked view of the serene surrounding. About 450 units would be accommodated in the condo and each would be 1,067 square feet approximately.

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Forest Woods near Maris Stella High School Lorong Lew Lian

Forest Woods is a housing development that is being established in Upper Serangoon of Singapore. Its developer is City Development Limited which has also developed several other properties in Singapore. This new development has been leased for 99 years, and it will be a home to new couples and people who would like to live there.

Forest Woods near Maris Stella High School Lorong Lew Lian

City developments in forest wood will contain 519 units, and Condo will offer homes for different family sizes. Those who will live there will have access to tennis courts, gym, car park, function rooms and many other daily home activity areas. The Forest Woods are located to various places of curiosity like shopping malls, centers; groceries and community transportation; all available for the residents. Forest woods are also fairly reachable for private vehicle owners, with their location close to public transport conveniences as well as after Serangoon Road. Forest Wood occupants can indulge in a lot of facilities for example swimming pool and gym which are accessible for owners’ use. Additionally, there is a tennis court for the residents, and function rooms available can be used to hold internal functions. Next to Forest Woods apartment is Nex Shopping Mall being one of the prevalent malls in Serangoon. An extensive variety of anchor occupants and F &B launches are situated in the project.

Forest Woods Serangoon Maris Stella Nex Shopping Mall

Upper Serangoon Condo (CDL)
Because of the new Serangoon MRT Interchange which offers continuous transport everywhere in the Island, it makes Serangoon one of the more extremely hunted residential settlements of Singapore. It is home to many reliable restaurants alongside Upper Serangoon thus owners seeking places for supper are just a walk away from the Woods. There is also access to many schools in the area which include St. Gabriel’s Secondary and Nanyang J College.

Forestwood Residences

Why you need to Choose Forest Woods as your Home
• It has over 60 luxurious conveniences like gym, wifi, clubhouse, pool and escapade zone which bring fun to every resident.
• Bus Interchange and Serangoon MRT is only a 5-minute walk distance
• Forest Woods is adjacent to Nex Shopping Mall, a resident can just walk to the mall
• It has a Residential Service Counter for reception
• It is branded with applications from Bosch and furnishings from Grohe
• Has Cool Automation for entire units
• Its developer has over 50 years of expertise
• It’s located within Yang Zheng and Paya Lebar Methodist schools
• Unlimited availability including 2 MRT lines and two superhighways to take you everywhere.
• Supple designs of finishes to outfit your standard of living

Queens Peak Anchorpoint Shopping Centre Queenstown

The Anchorpoint Shopping Centre is located at 370 Alexandra Road, Singapore. It is within the Alexandra Road district of the island, close to housing estates, offices, and factories, not to mention transport facilities. There are a wide selection of retailers based at this popular shopping centre. Besides been really close to bus and MRT stations there are ample car parking spaces, meaning that the centre is easy to travel to and from. The car parking is ideal for people that intend to buy many or bulk items. The MRT station is only a short walk away, while buses stop right outside the shopping mall. There is a taxi rank right next to the centre in case people have brought too much to carry on the bus and MRT, or if they want to travel with a bit more style.

Anchorpoint Shopping Centre Queens Peak

It is not just the variety of the shops that attracts many thousands of shoppers every year it is also the quality of the shops as well. There are 70 retail units and stores within the centre itself while there is an IKEA store over the road if people need to buy furniture or furnishings near Queenstown MRT Station. The shopping centre has designer stores that attract well paid customers from nearby offices and business centres. Some of the academic institutions near to Queens Peak are Queenstown Primary School, Queensway Secondary School andManagement Development Institute of Singapore (MDIS).

Queens Peak Anchorpoint by MCC Land

Shoppers can gain a great shopping experience when they shop at Anchorpoint Queens Peak near Dundee Road. There are clothes stores, designer outlets, electronics and entertainment stores besides places to wine and dine. There is a selection of bakers, cafes, fast food franchises, and restaurants for buying meals, snacks, and drinks from. Workers go to the centre to grab something to eat during their lunch hours, or as a place to discuss business at. Other people go to the eatery section as they find that shopping makes them hungry and thirsty.

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One Sengkang Mall Anchorvale Treasure Crest EC

Previously known as Compass Point, this shopping centre became One Sengkang Mall in December 2015 after a competition invited the local community to suggest a new name called. While the name sparked some mixed reactions on social media, the mall’s location in the centre of Sengkang New Town near to Treasure Crest Anchorvale provided inspiration for several entries, with rejected suggestions including Sengkang Central Mall, One.

One Sengkang Mall beside Treasure Crest

The new name sparked some mixed reactions on social media. However, the mall’s location in the centre of Sengkang New Town provided inspiration for other several entries, with rejected suggestions including Sengkang Central Mall, One Sengkang and Sengkang One.

The mall was originally opened in 2002and is situated just off Sengkang E Road, near to the Sengkang Sculpture Park. Treasure Crest EC location means it is well-placed to make the most of some excellent public transport links. Several bus stops are located on surrounding streets,while Sengkang Bus Interchange and Sengkang MRT/LRT station both form part of the mall complex.

Treasure Crest Sim Lian Land

One Sengkang Mall was closed for much of 2016 as it underwent a major renovation. Prior to this closure, it had been Singapore’s first themed shopping centre. Centred on ‘learning’, the range of shops and amenities were complemented by the likes of trivia posters and information-filled panels. Each of the floors was also named after a continent, with the mall featuring murals and other design aspects inspired by that area for Treasure Crest Sim Lian.

It was no stranger to hosting live entertainment either. In 2008, The Little Nyonya roadshow stopped by the mall, with the drama’s cast attracting around a crowd of approximately 5,000 people.

Compass Point Anchorvale Crescent

With a retail space of over 269,000 square feet, the refurbished mall is home to a huge collection of restaurants, food outlets and shops. Global giants such as Starbucks and McDonald’s are present alongside local High Street names, with the mall even providing a home for the Sengkang Public Library. The complex even features a condominium, placing residents in a fantastic central location.

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Somerset Grand Cairnhill Condo Capitaland

The prime facing areas within the orchard malls have experienced rental levels fall by 4% across the first three quarters of the year, compared to a 2.9% fall for the suburban malls during the same period of time. That sharper decline contributed to the declining rental gap between these groups of shopping malls for Somerset Cairnhill Nine.

Besides the generally hard economic times affecting Singapore, both suburban and orchard malls have lost out on sales to online retailers. If a strategy is not developed to counter the popularity of online shopping then that could adversely affect rental levels still further. That of course could also influence whether or not the Cairnhill Nine Grand Cairnhill Condo rental gap continued to narrow.

Cairnhill Nine Condo Somerset

Further declines in rent are predicted, a fall of around 2% for the suburban malls near Capitaland Cairnhill Nine, and a larger fall in the region of 3 to 5% for the orchard malls. If that prediction turns out to be accurate then the rental gap between the malls will continue to narrow further. That would also demonstrate that the decline in the rental income for orchard malls is worse and will stay that way unless there is an economic recovery.

Yet another consulting firm has calculated that the rental income premium that orchard malls enjoyed over the suburban Orchard Cairnhill Nine has actually decreased notably in the last three years. The rent levels are only 1.09 times higher this year, compared to 1.12 times higher in 2014, and 1.13 times higher during 2013. If orchard malls wanted to increase the gap again then ways would have to be found to reverse the decline in rentals and rent rates been charged.

Cairnhill Nine Capitaland near Takashimaya

Some of the Orchard Road malls have found it really difficult to rent out all of their shop and retail units in Somerset Cairnhill Nine. Even refits and revamps of these malls have not got more firms to rent store space. Sometimes firms have only hired store space after been offered discounted rent levels in Cairnhill Nine Grand Cairnhill Condo. Two of the orchard malls that have found it hardest to find firms to rent units have been Scotts Square and also Shaw Corner.

Cairnhill Nine Ngee Ann City

In theory at least real estate agents and Somerset Cairnhill Nine property developers should never have any problem in letting out shops and retail units to firms looking for a prime location to trade from. However in the Fringe Area in particular there a few shopping malls relatively close together, all competing for a limited number of retailers to be based in their mall. They are also competing to attract the same shoppers to shop at their mall and none of the others.

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Upper Serangoon Kovan Condo

Head of Marketing at SPH Elsie Chua which owns some newspapers, said that where advertisements broke the new guidelines, the group would advise advertising clients to alter the advertisements to make them compliant. She added that the new guidelines increase transparency and offer vital information to newspaper readers and she observed that some clients have already implemented the guidelines of their own volition for Kovan Condo.

Upper Serangoon Kovan Condo

Concerns over the rapidly increasing numbers of untruthful adverts have been growing recently. Only last month, ASAS objected to printed advertisements by Funtasy Island Development and Seven Seas FID for the Batam villa project on Funtasy Island. ASAS’s three objections against the advertisements were that they showed landmarks, for example Marina Bay Sands, as being visible from the villa, promised a guaranteed rental return of 7% per years and the ads contained an anonymous upper serangoon buyer’s favourable testimonial.

There were also market rumours that some Iskandar projects began selling properties before obtaining building permits.

The new ASAS guidelines mean that all testimonials or endorsements must represent the average consumer and that ASAS can contact the authors of such endorsements or testimonials to check that they are genuine.

Kovan Asset Legend

The new ASAS guidelines bring the regulations into line with the practice guidelines for ethical advertising on upper serangoon view condo, which the Council for Estate Agencies issued in 2011 and another practice guideline issued in 2014 for estate agents and others advertising overseas properties.

Tan Tee Khoon, executive director at Knight Frank, said that the guidelines felt familiar to estate agents and property salespeople and hailed them as a good move towards responsible advertising, advertising in a way that does not mislead buyers or investors. He added that it may be difficult for property advertisements to meet all of the new ASAS guidelines because advertisements may have to be large and long to explain charges, expenses and tax liability, all of which are contained within the sales/purchase agreement.

Yishun Criterion EC CDL

According to the recent Real Estate Sentiment Index survey done by the National University of Singapore’s REDAS (Real Estate Developers Association of Singapore), it has been shown that a minor improvement in regard to how they feel about the market for 2015’s 2nd Quarter for Criterion EC CDL, even though it has remained weak so far.

Tracking changes over the past 6 months, the Current Sentiment Index has slowly moved up to 3.9%, a figure that is up a notch from the 1st Quarter’s 3.8%. Scores that fall below 5 tend to suggest market conditions that are getting worse, whereas a score above 5 is an indication of conditions that are improving.

Yishun Criterion EC by City Developments

Concurrently, the Future Sentiment Index, which calculates the attitude over the coming 6 months of the market outlook, has crept up from the prior quarter’s 3.7% to 4%. This is an indication that those who were questioned had a more optimistic view of what the net 6 months has in store.

Another census, called the Composite Sentiment Index, which is an indicator of Singapore’ attitude to the real estate market overall, was up for this 2nd Quarter at 3.9% from the 1st Quarter’s 3.8% that occurred after having 6 quarters in declining figures for Criterion EC Yishun Street 51 EC.

One respondent to the survey stated that, as of late, attitudes seem to be lifting a bit as a result of the hopes for an imminent General Election, along with some expected changes in policy to come after the General Election.

The Criterion EC Yishun Street 51

The survey highlighted the fact that all 2nd Quarter real estate sectors have a net balance that is negative for both the current and future outlook. It was the suburban residential, prime residential, and prime retail sectors that showed the worst performance of all of the real estate sectors for The Criterion EC.

Sing Tien Foo, who is an associate professor of the National University of Singapore’s Department of Real Estate, stated that all of the real estate sectors having these negative net balances points out a market outlook that is pessimistic and, in order to boost its rate of growth, may need a few positive drivers.

Close to 74% of developers are expecting to see an increase that was either moderate, or keeping steady for the coming 6 months, for launches in the new residential sector. 19% of developers have implied that they would be launching fairly fewer units. But this was a slight upturn from the last survey done in the 1st Quarter of 17.1%.

City Developments CDL EC

In regard to price changes, close to 52% of developers have predicted a conservative decline in prices for residential properties over the next 6 months. About 38% are expecting prices to remain stable, a percentage that is up strongly from the 1st Quarters 16.5%.

There have been some risks that have been flagged as something that could weigh on the outlook of the market during the coming 6 months, such as a rise in inflation/interest rates, a global economy slow down, and an over supply of new property launches.

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Sol Acres EC Choa Chu Kang

A remote site for an Executive Condo located alongside Choa Chu Kang Avenue 5 has drawn in 11 bids for its recent tender. This was more than the predicted 3 to 7 bids that had been predicted by property consultants back in May, when the site saw its launching for Sol Acres.

It has been suggested by analysts that this higher number was down to the continued desire for land of the residential developer. Land is the key raw material that developers require to keep their businesses thriving, regardless of whether there is a dimness to the outlook of the property market.

Sol Acres by MCL Land

At the closing of tender on Tuesday, it was a consortium that was headed by Qingjian Realty who placed the highest bid of $295 per square foot, per plot ratio. This bid was well within the predicted price range of $250 to $330 per square foot, per plot ratio that consultants forecasted. However, it was a mere 7% more than the 2nd highest bid that was made by TID Residential of $276 per square foot, per plot ratio for Sol Acres.

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