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Property Development Insights Surrounding Sceneca Residences in 2022

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Upcoming Development Sceneca Residences in Singapore

Sceneca Residences is a 99 years lease private condominium development situated along 26 Tenah Merah Kechil Link, located in D16 Bedok.

Extracted from factsheet of Official Sceneca Residences Site

Who is developing Sceneca Residences?

MCC Land is in charge of leading and developing Sceneca Residences, a private condominium development located in district sixteen’s Tanah Merah Kechil GLS Site consisting of 265 units.

The condo development is going to be built in a very modern and luxurious style. It will have plenty of facilities for residents to enjoy. The units will be furnished and ready to move into upon completion.

What is the price range of Sceneca Residences?

The launch price will be approximately 1700-2000psf. The facing of the units, room types, and levels will affect the final psf price of each individual unit

When will Seneca Residences TOP?

The estimated TOP date of Sceneca Residence is 2027 on paper, subject to approvals from relevant land agencies.

Surrounding Developements – Changi East Urban District and Tuas Mega Port

Terminal 5 at Changi Airport will proceed forward, and the terminal’s reopening will be associated with the Changi East Urban District , a business district distinguished by airlines and hotels that are poised to debut soon. Also, Changi East Urban District will improve its port aspect, unlike the current Changi Business Park.

This could improve rental prospects for nearby homes. There are many condos surrounding the Tanah Merah MRT station (including the upcoming Seneca Residence) that may attract workers from this growing Changi hub; likewise for condos along the Upper Changi Road stretch.

Cost of Living and Challenges and Inflation

Speaking at the National Day Rally, Mr Lee acknowledged that the cost of living is something that is at the “top of everyone’s minds”.

The Prime Minister said the Government is “doing everything necessary” to support Singaporeans, especially middle- and lower-income families.

This includes cash payouts, rebates under the GST Voucher-U Save scheme and for service and conservancy charges,  Community Development Council vouchers and MediSave top-ups.

Does this mean that the prices of Sceneca Residences will increase significantly?

The Eastern district is close to Changi airport and is home to districts 16 (Upper East Coast), 17 (The Far East), and 18 (Tampines). 

The Eastern district is a fast-growing business hub and is home to international restaurants from different countries and access to outdoor activities and parks. 

While we may see inflation coming into effect, the prices of valuation of East side properties will generally increase overtime due to the urban developments mentioned above. This means that there will be a higher demand for housing in the East as residents will have a convenient access to all the amenities in the city.

If you decide to buy a property in the Eastern district, it is a good idea to purchase early. This will help you to get the best deal and you can make sure that the property you are buying is suitable for your needs.

For more info: scenecaresidences-official.sg/

Lentor Modern – New Launch Mixed-Development Condo in Singapore

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Lentor Modern is a 99-year lease mixed commercial-residential development located between Lentor Central and Lentor Drive (D26 Yio Chu Kang).

Led by Guocoland, Lentor Modern will be developed at the Lentor Central GLS Site consisting of 605 residential units with three high-rise blocks at 25 storeys. The new development has an estimated price of $1900 to $2300 psf. 

Taken from https://lentormodernshowflat.sg/

The site is situated just doorstep to Lentor MRT and Hillock Park, and is part of the Lentor Hills estate.

The location of the site is excellent as it is just a stone throw away from Lentor MRT and Hillock Park. There is a shopping mall and supermarket nearby. The area is very well connected to other parts of Singapore. It is easy for people to access the area. The site is currently a vacant lot. The developer is looking to redevelop the site as soon as possible.

Popularity of Mixed-Developments in Singapore

Singapore’s mixed-use developments are growing rapidly and will continue to do so. The demand for high quality residential housing coupled with the demand for office space is driving the development of these new integrated mixed developments.

The development of mixed-use developments in Singapore has become a major trend. The popularity of these developments has seen a rise in recent years. Some of the famous mixed-use developments include Marina Square, East Coast Parkway and Suntec City.

Mixed-use developments provide an attractive alternative to high-rise housing complexes. These types of developments have a mix of residential housing and commercial facilities.

The popularity of these developments is because of the way they integrate commercial and residential space into one. The integration of commercial space into residential developments is a great way to increase the appeal of these types of developments since it provides extreme convenience allowing the residents to enjoy benefits of a ‘heartland’ at a one-stop location.

Another benefit of mixed-use developments is that they are environmentally friendly. These developments create less carbon emissions.

Demand for property in Singapore

One of the reasons why Singapore is becoming so popular is because of the demand for high quality residential housing as well as rising property investments. High-rise housing projects are becoming more common. This is because the demand for high-quality housing is rising. A lot of people like living in high-rise housing complexes because of the convenience that they provide.

Not only that, the government of Singapore is providing financial incentives to developers to encourage them to develop more of these types of projects.

Start your tour of Lentor Modern

The above article talks about the upcoming launch called “Lentor Modern”. The developer is looking to build a luxury integrated-development condominium in Singapore. The development is expected to be completed by the end of 2026. The property is expected to be worth a profitable valuation.

Read more from developer site: https://lentormodernshowflat.sg/

Avenue South Residences: Moving to 2021

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Avenue South Residence offers the experience of a lifetime to its residents. The residential property was developed by the UOL Group, along with its sister companies, the Kheng Leong Company, and the United Industrial Corp.

Source: avenuesouthresidencecondo.sg/

The main site is exquisite and is just a short drive away from Outram Park Belt and Chinatown. This makes it even more appealing to residents and has especially left me impressed and excited about the residential development’s surrounds.

The location is perfectly thought out and is situated along Silat Avenue, which is directly connected to major roads, such as Jalan Bukit Merah and Kampong Bahru Road. The residential development is also surrounded by countless amenities, boasting with views of the heartlands’ estate, including Tiong Bahru and Telok Blangah.

Apart from its shopping facilities, the development itself has an incredible design and entertainment options that will blow your mind. These include the Clarke and Outram Shopping District, which are two of the most popular shopping destinations in Singapore.

What makes the condominium so special, is also the fact that the building itself is iconic and is a 99-year old development. It offers amazing views of the Southern Waterfront. If that isn’t enough, Avenue South Residence also offers incredible views of Orchard and the Ganges Roads. The area itself is considered one of the most prime in Singapore, with the buildings towering over the city’s other buildings.

Why Avenue South Residence Left Me Impressed

Singapore is well known and adored for its incredible buildings and developments, but Avenue South Residence particularly has something unique to offer.

It offers an experience of a lifetime. There’s an exclusivity about Avenue South Residence that just doesn’t compare to any other. With a tenure of only a year short of a century, its 245,975 square foot site area has plenty of excitement and expectation that awaits, to say the least.

The Experience Avenue South Residence has to Offer

The residential development also includes 1074 units and an impressive 56 stories, which only leaves one imagining about how good the view looks from the top.

The condominium units range from one-bedroom to five-bedroom apartments and are perfect for families of all sizes. One of the condo’s biggest attractions, is its simplicity, translating the idea of how incredible it is to live in this magnificent skyscraper-like building.

The units are strategically placed with efficient airflow and ventilation. It provides perfect views, which is designed to face landscaped gardens, along with the sea and unblocked vistas leading to the city.

Amenities surrounding the residential condominium development, furthermore, adds to its endearing popularity. It is located towards the end of the popular Jalan Bukit Merah Road, starting from Queensway and leading to Kampong Bahru Road. These roads include many well-known commercial and industrial buildings, such as Connection One and Rubicon offices, the public Bukit Merah Library, primary schools, and Bukit Meral Central.

Finally, what impressed me the most, is the development’s design. It includes roads and transportation services that will literally make your life easier, the best educational facilities for your children, and is located close to popular amenities such as the Orchard Shopping District, the Southern Waterfront District, and South Marina Bay.

5 important things to consider when visiting Riviere showroom

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Source: https://riviere-official.com.sg


Whenever you step into any showrooms, the salesperson will surely tell you that the project is the best of the best and nothing can rival to it. With so many projects currently on sale in the market right now, it may be an uphill task even for a seasoned investor to be fully convinced that “it is the best property or condominium project” to buy right now. But is there a best project to buy?

If you have been visiting showrooms looking to park your money somewhere, or a place to stay for long term, and is feeling exhausted, it may be because you have not studied your own requirements closely enough. Addtionally, if you have a very wide requirement, where there are no specific requirements, and it all “depends” on a project, you may be susceptible to “emotion selling”.

In this article, no matter you are a seasoned investor, or looking for the first time, or looking for a long time with no specific requirements, we will aim to focus on the unique selling points and features of Riviere located in Jiak Kim. By featuring the unique points of this project by Frasers Property, it may help you to making a better and informed property buying decision.

Waterfront Properties

According to Global Waterfront Report by Knight Frank Property, which measures the premium a water property generates in key cities around the world, has shown has unlike in the past, owning a prime waterfront property has less to do with its transport or agricultural value, and far more to do with the lifestyle that it affords and iconic views that comes along with it.

The report has studied and shown that among the 4 waterside types of property (mainly, Harbour, Beach, River, Lake), River facing properties command a 36.8% premium over its counterparts comparatively. Riviere is literally wrapped around the bank of the river, thus having more than a single view of perspective for this project.

Fengshui

Water has also a global appeal, the river flow produces negative ions which boosts energy with research concluding that it has significant health benefits. Especially in Chinese or Asian buyers, water is more than a mood enhancer or view just nice to have. It plays an overly increasing role due to Feng Shui (shui translates to water), and this is one of the foundations in Chinese buyers decision making process.

Water is anonymous with food, growth, prosperity, and fortune. Which are all good things to have. But it is important that this water body be slow-moving. Not rapids-river speed, or stagnant pond of water. Riviere is also elevated above and water, and it also is positioned in a winding section where the pace of flow is slower. Fast moving streams are often avoided in the Feng Shui contect and that may suggest that wealth is rolling away.

Conservation Status of Riviere Facility

When Frasers Property took over the site at Jiak Kim Street, it has it eyes on the three conservation warehouse. With its address being 17, 19 and 21 Jiak Kim Street, it was built since 1919! This gives this triplet warehouse a history and heritage of 10 years! It achieved conservation status in 2014, with its previous owner bring Zouk Nightclub.

Conservation-status buildings in our small city state are by and large rare, and being able to own a part of history and heritage is a rare opportunity. This is not primary but it will only age fine and well, the older It is, then the rarer and more valuable it becomes.

MRT

In the property buying mantra we all know, its location, location, location. However in Singapore where the objective of our Government is to build enough MRT lines and stations such that 80% of our population is within 15 minutes walk, this mantra becomes even more important and pronounced!

What a better way to invest in a property that has an UPCOMING station? Great World City station is currently not open yet. As with historical trends, condominium apartments and projects usually enjoy and appreciation in price when the MRT opens its doors and become functional. This will be the right time to enter Riviere.

Mixed Development (Serviced Apartment)

Mixed development status projects are especially rare in Singapore. Within the prime districts of 3,8,9,10,11, there is only a handful that we can count. Most commons are likely residential-retail for example North Park Residences or Park Centris in Jurong. Riverwalk apartment can also be considered although its pretty old and its shops are specialty shops instread of the run-of-the-mill retail shops.

What is so special about Riviere is that its mixed development status is a partnership with a serviced apartment. WHAT! This is extremely rare, and we will expect this to help elevate the premium and value of Riviere.

The residents of Riviere can also enjoy the services of the Serviced Apartment! It already has confirmed that shared services for the concierge and housekeeping will be extended to the residents of Riviere. It also boasts a very affordable maintenance fees for such a new, big, iconic and beautiful project.

Riviere is now open for private viewing, if you are interested to come for a non-obligatory tour of the showroom, please register via the website or call 63879196 for our sales associates to attend to you.

Everything you need to know about The Avenir in Singapore

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Source: theavenircondo.sg/

Design of the Condo

The Avenir facilities

The Avenir is the Former Pacific Mansion. The developers, Hong Leong and Guocoland have left no table unturned in bringing everything under the roof for you. The building is an architectural marvel laced with all the facilities one would want. It spreads over a good 129,648 square feet of area with every foot dipped in beauty and luxury.

This marvel that is found in district 9 will surely attract many families because of its attractive offers and the superfluous benefits. The apartments available here are matchless. The apartments are spacious. 3/4-bedroom apartments are ideal for bigger families. Details of the houses have been microscopically monitored here. The kitchen cabinets are designed by Nova Cucina. This will surely make the ladies fall in love with their kitchens.

The luxe walk-in wardrobes serve the purpose of elegance and space-maintenance at the same time. The wardrobes are clearly a reflection of your great class.

Facilities

The developers have kept a keen eye on the buyer’s perspective. In todays world of gadgetry, no one is interested in putting in more effort for most of the tasks. So, the provision of several facilities is assured. We take care of your fitness consciousness by providing you a loaded gym. The hydrophiles will also find this place heaven because of the swimming pool which provides 50m lap measurement.

Sports enthusiasts shall find this place good because the place boasts of a tennis court too. So, grab on your racquets and engage in a duel.

The elderly and the children get their loved stuff here. A children’s park is available. BBQ pits are also available so if your grandpa loves to make BBQ, then worry not.

The green lawn will provide nourishment to the eyes and let you attain peace whilst walking the dewy patches.

Strategic value due to surroundings

The Avenir has a very important strategic importance in terms of its location. With almost everything lying at an arm’s length, daily chores will be no problem at all. The Avenir is close to the CBD.

Robertson quay lies in close proximity to the very building. A great advantage this is. One can move freely on the Alexandra road. Access to the Orchard and the city areas is as easy as it gets.

Shopping

The greatest concern for many people when deciding an apartment is the availability of shopping malls. The most practical approach is to have a good shopping mall close to your apartment. Here this concern is carefully monitored. A number of great shopping malls are present in the vicinity of The Avenir. The City Shopping mall, the Valley Point, Liang Court, and Plaza Singapura are there to name a few. In these malls, one can find all the stuff under one roof.

Educational institutes

Families are most concerned about the schools surrounding the apartment. Education is of pivotal importance in any home. Thus, this place takes full marks in this aspect too. A number of good institutes are available in close distance to The Avenir. Primary schools such as River valley primary school and Alexandra primary school are available. International elementary school, Chatsworth international school, and the middle school campus are included in the notable alma maters of the town. With a coterie of schools around, this place will prove to be an ideal ground for your child’s learning and excellence.

For the knowledge-lusty guys, there is a very well-designed Library at the shopping belt of Orchard road. The seekers of knowledge can find a plethora of authentic books on the topics they want.

Commute

It’s an unfortunate day’s start when you are already late and find a flat tyre in the morning. Well, in The Avenir this issue can be solved in a much better way. The intricate system of MRT connects you with the city. The dhobi ghaut services are also there.

For those owning their cars, life and driving will be a smooth experience, thanks to the good quality roads and expressways. These roads and expressways connect The Avenir to the rest of the city.

Recreation

Recreation is important for the maintenance of a healthy life. Luckily, in The Avenir recreational spots are not hard to find. There are cool spots to hang out and chill with your friends. The neighborhood has a lot to offer to the thrill and fun-seeking teens.

Kids can play their hearts out at Fort Canning Park. This park also serves as a source of entertainment for all by hosting concerts, festivals, and theatre. It is a full pack of entertainment.

Recreation is incomplete with Food. The variety of food items here will make your mouth water. Burgers at the Wisma Atria are a treat to have while the food at Toby’s Estate is surely an affair to remember. Killiney road has this great hangout place called the KPO. This place is good for the fun-loving as it serves drinks while the DJ plays your Jam.

Those in search of whiskey don’t have to go far now. La Maison Du provides good quality whiskey.

Other Benefits of Living Here

This place is convenient to live for families. The added advantage to the amenities is the good rental potential of these apartments. If you are looking to purchase an apartment for business purposes, this will not disappoint you.

And if at some point you want to sell it, even then, no worries at all. The area has strong sales and will get you a good price for it.

The Avenir is an ideal location to live for families. The amenities are sufficient for all your needs. So, don’t want and book your apartment now!

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