Wednesday, March 31, 2010

A Possible Answer To Condo Lifestyle with HDB Affordability?

Sounds Unbelievable?

Unknown to many, there exists a series of HDB flats built with the concept of condominium in design and quality. Nope, I am not talking about the DBSS flats built in many prime districts.

Premium flats. The one which I am featuring here today is from Sembawang. There are a small little cluster of four blocks, tugged at a beautiful, serene, and lush corner of Sembawang Drive. Check out the pictures below.

Grand Block Entrance (Sheltered Car alighting/boarding area)



Lobby Area



Roof Garden and multi-purpose courts



Playground



Units with full height windows



Spectacular View



Recent HDB Transactions:

4 Room (90 sqm), Very High Floor - Sold at $340K-$350K
5 Room (113 Sqm), Very High Floor - Valuation at $395K, Asking +$40K Cash Over Val

Sellers and Buyers Call me now! Let me be of service to you and your property plans.

James Chow
PN Realty Pte Ltd
H/P: 98248492
Email : james2call@gmail.com

Monday, March 22, 2010

Investors and Buyers - What can you buy for $800-$950K in this market?

What can you get for a budget of $800-$950K? And with a respectable rental yield?
Is that possible? Of course!

Here's an analysis for you!

Catchment Area - Dover Rise

1 km from Buona Vista and Dover MRT station, and future One North MRT

1 km from Singapore Polytechnic (Highest First time applicant for 2010)
United World College (SEA)
Anglo Chinese Independent
Anglo Chinese JC

1.5 km from NUS and NUH (Across AYE)

1 km from One North Park, Fusionopolis

Dover Parkview - Dover Rise (D5) 99yr (TOP 1998)

2 bedrm 936sqft (Mid/high flr) from $820K (tenanted at $3.1K to $3.5K)

Heritage View - Dover Rise (D5) 99yr (TOP 2000)

2+1 bedrm 969sqft (Mid flr) from $900K

URA Last transacted (Feb 2010) :

Doverpark view -
2 bedrm 969sqft $815K
2 bedrm 936sqft $823K

Heritage View -
2 bedrm 969 sqft $835k and $840K

What $850K can buy for now in various Districts?


Rivervale Crest - Rivervale Crescent (District 19) 99yr 3+1 bedrm 1206sqft from $720K

One North Residences - One North Gateway (District 5) 99 yr studio 592sqft from $770K (tenanted $2.6K til Sep210)

One Amber - Amber Road (D16) FH Studio 570sqft from $820K (TOP soon, estimated yield 4 to 5 %)

Venezio - Upper East Coast (D16) FH 2 bedrm 936sqft from $888K (TOP 2006)

The Mezzo - Balestier (D12) FH 2 bedrm 840sqft from $840K (TOP 2004)

Riviera Residences - Riviera Drive (D16) FH 2 bedrm 786sqft from $853K (TOP 2008)

Waterfront Key - Bedok reservoir (D16) 99yr 2 bedrm 904sqft from $780K (TOP 2015)