Category: Ang Mo Kio

Ang Mo Kio, Finances, Press

Owner of Nassim Park Residences Gets $3.2M in Profit

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The sale of a 4,833 sq ft device at Nassim Park Residences was the most lucrative purchase during the week of May 25 to June 1. The ground-floor house was acquired for $11.54 million ($ 2,387 psf) in June 2008 and also sold for $14.7 million ($ 3,042 psf) on May 28. This means that the owner earned a profit of $3.16 million (27%), which equates to an annualised earnings of 1.9% over 13 years. Please see freehold developments such as Belgravia Ace.

Nassim Park Residences was collectively created by Kheng Leong (the personal property arm of banking tycoon Wee Cho Yaw), listed home developer UOL Group and also Orix Capital. It lies on Nassim Road in prime District 10 and is close to the Nassim Road Good Class Bungalow (GCB) location, among one of the most special territories in Singapore.

The 4,833 sq ft unit at Nassim Park Residences …

Ang Mo Kio, Interior Design, Press

Non Landed Houses in Singapore Rise 6.1% Fastest Rise Since 2006

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Non-landed house costs in Singapore have actually risen 6.1% y-o-y in 1Q2021, taking 27th location out of 56 nations worldwide, according to Knight Frank’s global house consumer price index for the first quarter.

Please visit Belgravia Ace Floor Plan for more information with regards to the development. Belgravia Ace is a freehold development.

Hong Kong takes 46th area, taping a 2.1% y-o-y increase in residence prices for 1Q2021.

Globally, the research finds that residence costs are climbing at their fastest rate since 4Q2006– Knight Frank’s international residence consumer price index registered a 7.3% rise in the year to March.

The top 10 nations consisted of mainly created countries, including the US (13%), Sweden (13%), Austria (12%) and also Canada (11%).

Turkey takes the top spot, with a 32% increase y-o-y in the very first quarter of the year, followed by New Zealand at 22.1%.

Since January, authorities in China, New …

Ang Mo Kio, Press, Special

More condo sites released for H1 2021 – A Look at Its Amenities and Features

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Last Thursday 27 May, HDB as well as URA introduced 2 even more residential sites at Jalan Tembusu and also Tampines Street 62 (Parcel B) as part of the H1 2021 Government Land Sales (GLS) programme. Please see Belgravia Ace Location for more information with regards to the development. Belgravia Ace is located at Ang Mo Kio Town.

Both belong to the Reserve List. While programmers can make an application for these websites, they’re not launched for tender right away, unlike those on the Confirmed List. These sites will just be put up for tender when developers have actually bid for a rate approved by the federal government.

On the other hand, websites on the Confirmed List are launched on time despite need.
High developer demand for land

This launch follows the record-setting proposal 2 days previously on 25 May for a GLS site in Tengah, which will be the …

Ang Mo Kio, Finances, Information

MND truly desires your pointers on public housing in prime locations like the CBD

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In current months, there have actually been news and also discussions about having public housing in prime areas and making it inclusive, affordable and obtainable to Singaporeans. These prime areas include the city centre and the Greater Southern Waterfront. Some of the tips include having shorter leases, raising the Minimum Occupation Period (MOP) and providing extra subsidies. At the same time, there are compromises to think about.

The freshly launched growth of Belgravia Ace will certainly consist of Semi-Detached devices and balconies in a low increase relaxing setup. This will make it possible for locals to take pleasure in the tranquility and tranquil atmosphere after a tough day at the workplace. Not to mention, the development would include added convenience of features that would make sure that the residents get the high-end of living that they are worthy of. Please see Belgravia Ace Floor Plan for the development.

Additional subsidies, …

Ang Mo Kio, Finances, Press

BTO Construction Projects Face Delays Due to Manpower Shortages in Construction Projects

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In his speech at the commencement of the OrangeTee & Tie Business Conference 2021 on May 24, Desmond Lee, Minister for National Development, offered an upgrade on the manpower scarcities dealt with by the neighborhood building and construction sector and the knock-on effects on scheduled task completion dates. He additionally shared the government’s approach towards cost effective public housing in prime areas in the future.

Having an unit in Belgravia Ace at Ang Mo Kio offers the proprietor finish right over the land and also the building that bases on it. It is a landed estate that is devoid of hold and also can be moved without limitation.

Belgravia Ace at District 28 is easily close to countless existing transport networks. It just takes 8 mins to drive to Ang Mo Kio MRT Station on the North-South MRT Line to take a trip to various other components of Singapore. Buses …

Ang Mo Kio, Press

OrangeTee & Tie launches complimentary BTO dashboard for Homebuyers

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Regional realty company OrangeTee & Tie (OTT) introduced a complimentary Build-To-Order control panel throughout its annual OrangeTee & Tie Business Conference 2021 on May 24. The on-line tool belongs to the business’s market analytic suites platform for potential home owners, as well as the new tool targets newbie HDB flat customers.

Belgravia Ace freehold growth is around the location where special landed residential or commercial properties and also developments lie. With a lot of amenities to cater to its future homeowners’ demands, Belgravia Ace is a highly-sought location to remain by investors.

The BTO dashboard comes with info first time buyers will certainly require to make informed choices on their BTO application, as well as other real estate choices. Information on the totally free public control panel includes site evaluations of upcoming BTO launches, historic information from previous BTO launches, past registration prices, and launch costs given that 2016.

“We …

Ang Mo Kio, Interior Design

Treasure Island Bungalow Mortgagee Sale Unit Sold to Sevens Team

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Sevens Team obtains Treasure Island cottage in mortgagee sale for $12,900,128. The bungalow at 8 Prize Island has a 27m frontage as well as a driveway huge sufficient for 7 vehicles

When a bungalow at 8 Treasure Island in Sentosa Cove was offered for mortgagee sale at a public auction in March this year, Eric Cheng, founder as well as CEO of Sevens Group, a particular niche landed building designer, was secured.

Belgravia Ace is a new landed home located at the heart of Ang Mo Kio Avenue 5 in area 28, Singapore. Belgravia Ace Developer is  Tong Eng Group with a total of 107 domestic devices with 3 Terraces and also 104 Semi-Detached. The area of Belgravia Ace by Tong Eng Group is located on freehold land in the older town of Ang Mo Kio where there are great deals of features to satisfy the requirements of the citizens …

Ang Mo Kio, Interior Design

GLS Sites at Jalan Tembusu and Tampines Street 62 Released for Sale

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URA as well as HDB have actually launched two domestic websites at Jalan Tembusu and also Tampines Street 62 (Parcel B) for application. The two websites are under the Reserve List of the 1H2021 government land sales (GLS) programme.

Sites under the Reserve List are not launched for tender quickly yet are made available for application. A Reserve List site will be set up for tender only when a programmer has indicated an appropriate minimum price.

Daily grocery stores shopping like NTUC, Sheng Siong and Cold Storage are close distance to the Belgravia Ace location which makes it really hassle-free. Seletar Mall, The Greenwich Village, AMK Hub provides excellent dining and also home entertainment choices. Residents can either drive or take public transportation to Orchard Shopping belt for even more options for eating and also enjoyment.

The 210,624 sq ft site at Jalan Tembusu is 1km from Dakota MRT Station …

Ang Mo Kio, Finances, Press

3,879 New Units in May 2021 HDB BTO Sales

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The HDB has actually launched 3,879 apartments to buy under the May 2021 build-to-order (BTO) sales workout. The apartments are distributed throughout four brand-new HDB projects, with 1,557 apartments in fully grown estates in Bukit Merah and also Geylang, as well as 2,322 flats in non-mature estates in Tengah and also Woodlands. The 782-unit Yard Blossom @ Tengah is bounded by Tengah Central and also Tengah Garden Walk. The whole growth makes up 7 blocks with a mix of two-room flexi, 4- and five-room apartments.

Belgravia Ace Layout is available soon by Tong Eng Brothers. Please see Belgravia Ace info here for details.

Belgravia Ace is established by Tong Eng Group. In the 1940s, both Teo siblings, Teo Thye Chor and also Teo Thye Hong developed Tong Eng Brothers after WWII, mainly handled the trading of electrolytic tinplates which were utilized in the manufacturing of bottle caps and containers. In …

Ang Mo Kio, Information, Interior Design, Press

How to Incorporate Better Housing Options for Singapore Ageing Population

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Singapore has one of the fastest ageing populations in Asia, with 15 per cent of residents aged 65 and over currently, a demographic that has steadily risen from 9 per cent in 2010. By 2030, almost a million Singaporeans will be aged 65 and above, nearly double the figure recorded in 2017. In March 2020, Senior Minister of State for Sustainability and the Environment, Dr Amy Khor said the number of home and day-care places to support seniors ageing-in-place had also increased by 70% since 2015.

Location is also one of the most important factors at Belgravia Ace. Please see Belgravia Ace location at Ang Mo Kio.

Ang Mo Kio Shopping Village is a unique place in Singapore. This old-growth forested village offers its visitors a wide range of facilities and amenities, such as boatloads of antiques, souvenirs, handicrafts, clothing and much more. The residents of this shopping district are …