Q3 2016: Summary of Singapore / Overseas Property Investment
🇸🇬 Singapore 🇸🇬
The two most recent new launches are The Alps Residences @Tampines and Forest Woods @Serangoon. Show flats are flooded with crowd during the 1st weekend of public viewing on 24th &25th Sept. Both of the projects are expected to launch offiicialy in October. With superb location near to the Serangoon MRT interchange, Forest Woods are asking for S$13xx psf. Meanwhile, Alps Residences trying to attract the buyers with its elegant, stylish design and low quantum from S$4xx K only!
Nevertheless, we are also observed significant increase of inquiries for value-buy FREEHOLD properties, especially those are just TOP/ almost TOP. Some of the projects which are newly completed are Tembusu at Kovan, Singa Hills at Bedok, Cristallo at Kembangan, Meyerise at East Coast, CityScape at Farrer Park …etc. Shall you keen to find out more the balanced units and latest clerance package from developers, please kindly text me at (+65)84188689. Buying from developer’s stokcs will ensure your units protected by Defect Liability and Price Transparency to ensure you’re enter at the base price.
🌏 Overseas 🌎
🇲🇾 Malaysia: Colony Infinitum at KLCC had been very well-received by local investors with its DUAL Key concept in KLCC to maximise the rental yield. It is one of the affordable luxury condo in prime CBD. Local buyers see this a rare chance to buy and stay in inner CBD to avoid terrible traffic everyday and save few hours per day. As of time of writing, we had sold >70% of the Tower A even without a showrooom. Clearance sales on certain stage with additional 2%+2% discount, on top of the 13%. We’re preparing for Tower B launching and expecting price adjustment soon to align with showroom opening.
🇹🇭 Thailand: IDEO Mobi Asoke @Bangkok 1st Worldwide Launched in Singapore, >50% allocaged units are sold within the two days event in Grand Hyatt Hotel. Despite of strategic location between 2xCBDs and surrounding by the metro train stations, the average price is at THB160K PSM, lower than market. This is mainly due to the lower land cost purchased by Developer and also attractive discount given.
🇻🇳 Vietnam: CapitaLand had retrieved back all the balanced units of Vista Verde One Series for own rental use. Season Avenue @Hanoi still selling good due to its great potential and 20%~30% price lower than HCMC.To have better collaboration with developers and provide One-Stops service to Huttons’ clients, Huttos had officially setup JV in HCMC, Vietnam. I am part of the team, will be flying to HCMC every month to provide training/ recruitment drive. The first project marketd by Huttons @Vietnam is The View Riviera Point at District 7 by Keppel Land
🇰🇭 Cambodia: The Bridge at Phnom Penh by Singapore Oxley is still the top selling overseas projects since retails/ F&B components launched two months ago. With 6~8% GRR package over 10years, it’s a no brainer investment option especially for those do not want to miss out exponentia growth opportunity in emerging countries and yet invest in peace of mind. The asset in USD is also one of the key factor the project is well received by international property investors, especially Singapore, Malaysia, Hong Kong, Taiwan, Brunei, India and USA.
🇦🇺 Australia: Melbourne awarded “Most Livable City in the WORLD” for the consecutive 6th years. However with the increase of taxes for foreign purchasers and local major bank are tightening housing loan to foreigners, oversea investors are more cautious in financial planning. Boxhill is new developing area aims to become the 2nd CBD and “China Town” in the East of Melbourne. SkyOne at Boxhill is an alternative place for buyers who looking for own stay, future retirement plan and children education.
For Inquiry, SMS/ Call/ Whatsapp to (+65)84188689, Overseas Investors are Welcomed
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🕴Association Senior Marketing Director