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Jui Residences Condo – Reconstructing National Aerated Water Company to Private Estate

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Jui Residences Condo is the latest development by SDB Singapore, Selangor Dredging Berhad (SDB). Located at 1177 Serangoon Road, it is situated in an established HDB estate with plenty of new developments, including minutes drive to Paya Lebar Hub, and a majestic water view of Sungei Kallang.

The condo land parcel at Jui Residences received a top offer of S$47m for the 31,705 sqft land plot of former building – National Aerated Water Company. SDB will work with Singapore in the conversation of nearby heritage buildings, and this residential estate will be one of the prime city fringe development.

SDB International

The project is officially announced at the end of 2017 with indicative prices expected to be released after CNY 2018. For starters, one may refer to the following Serangoon Masterplan by URA to get an idea of the estate Jui Residences Condo is developed in.

URA Serangoon Masterplan for Jui Residences

The building will be worked by Selangar Dredging Berhad to be transformed in a “unique and lively commercial area”, said Mr The Lip Kim, the managing director of SDB, and it lies next to a park connector. There will not be a fence along the main road and river, meaning that it will welcomed the public for a close up look and personal with this heritage gem.

Source: Jui Residences Condo Project Details

Jui Residences Condo – Own a piece of Heritage

National Aerated Water Company is a Heritage Site that is a landmark with a rich history and is part of the whole DNA of this district. Kallang used to be industrial, and full of brickmaking kilns and sawmills. The now-famous St James Power Station was also in the national monument industrial heritage along with Kallang Airport and also Fort Factory.

With the commercial development in the area, here’s what we can expect Jui Residences Condo to entail:

The price psf will only be released after CNY 2018. Do register early with the Jui Residences Official Developer Team to keep updated with the latest news. For now, we are certain there will be at least 1 to family bedroom options, with a total of 1177 units. The estimated psf will be aligned with surrounding Condominiums to keep it competitive by SDB.

Here are the top 6 reasons why we expect the prices of Jui Residences to be competitive (and investment worthy!):

  • Own a piece of Heritage on this development
  • Near Prestigious Schools and Education Hub
  • Well connected via Expressway at Doorstep and Serangoon Road
  • Plenty of Amenities in Mature Estate
  • Freehold Property
  • Proven Track Record and Quality Fittings by Selangor Dredging Berhad

Jui Residences Condo – Site Location Details

Location Map and Surrounding Amenities

Jui Residences Location Map

Jui Residences Condo will be beside Potong Pasir MRT. Residents will find transportation convenient and minutes to shopping malls like The Venue Shoppes, as well as local wet market Boon Keng Market. Here are some amenities that will be situated closeby: Kallang Community Club, Potong Pasir Town and Market, and The Poiz Centre.

Education wise, Potong Pasir & Serangoon is known for the variety and strength of the education facilities and options. There is Bendemeer Primary and Secondary School, St Andrew’s Primary and Secondary, as well as St Andrew Junior College (SAJC). This covers a wide array of education options for a child from teenage to adult.

Register for Early Preview for Jui Residences Condo Singapore

URA’s CEO Mr Lim Eng Hwee said: “This building is not only historically significant as a familiar landmark along the Kallang River, it also holds fond memories for Singaporeans for the popular soft drinks it produced from the 1950s to 1990s”

To find out more, do sign up for the Jui Residences Show Flat.

 

Margaret Ville Condo – New Launch by MCL Land (Regency)

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Margaret Drive Perspective

Margaret Ville Condo is the latest development by MCL Land (Regency). Located between Margaret Drive and Commonwealth Avenue, it is situated in an established HDB estate with plenty of new developments, including minutes drive to iconic attraction – Holland Village in Singapore.

The condo land parcel at Margaret Drive received a top offer of $238.39m for the 22,195 sqm residential plot – (Press Release for Margaret Drive)This indicates strong demand and the bid was awarded to established MCL Land (Regency).

MCL LAND Logo

The project is officially announced at the end of 2017 with indicative prices expected to be released after CNY 2018. For starters, one may refer to the following Queenstown Masterplan by URA to get an idea of the estate Margaret Ville Singapore is developed in:

Margaret Ville - Queenstown Masterplan

As seen, new housing choices will be made available in the area, including Holland Village, Ghim Moh, and Margaret Drive itself. The increased pool of housing options is to cater for the surrounding new developments in leisure and economic outlay.

For example, a new community park will be planed along with the renovation of Commonwealth Avenue Wet Market. Queenstown offers a wide range of recreational facilities and landscapes for residents of all ages and is well connected to the park connector network. The ‘Round Island Route’ will make it easier for residents to walk or cycle to other parks and attractions.

Economic wise, Margaret Ville Condo has great investment potential due to the growth at one-north – where the new Mediacorp headquarters is housed, along with Lucasfilm’s Sandcrawler at Fusionpolis.

Margaret Ville Singapore – What is the expected Price?

Currently, the price psf will only be released after CNY 2018. Do register early with the Margaret Drive Official Developer Team to keep updated with the latest news. For now, we are certain there will be at least 1 to family bedroom options, with a total of 275 units. The estimated psf will be aligned with surrounding Condominiums to keep it competitive by MCL Land.

Here are the top 6 reasons why we expect the prices of Margaret Ville to be competitive (and investment worthy!):

  • Excellent Connectivity
  • Near Prestigious Schools and Education Hub
  • Centralized Location and Minutes to Orchard Road, Vivocity, CBD and Marina Bay
  • Strong Tenant Base from Surrounding Business Parks such as One-North, Mediapolis, Science Park
  • Great for Families near good schools and strong amenities
  • Potentially high rental demand

Margaret Ville Condo Project Details

Location Map and Surrounding Amenities

Margaret Ville Perspective Location Map

Margaret Ville Condo will be beside Commonwealth MRT and Queenstown MRT. Residents will find transportation convenient and minutes to big box shopping like IKEA. Here are some hubs that will be situated closeby: One North, Fusionopolis and Holland Village.

Education wise, Queenstown is known for the variety and strength of the education facilities and options. There is Queenstown Primary School, Queensway Secondary School and Anglo-Chinese School (International), Bukit Merah Secondary School, New Town Secondary School, Tanglin Trust School and Crescent Girls School.

Register for Early Preview for Margaret Ville

As mentioned by Mr Ong Kah Seng, director of property consultancy R’ST Research: He said that the Margaret Drive site could be sold at a high pricing and have a strong edge over its neighboring sites.

To find out more, do sign up for the showflat preview today!

The Tapestry Condo Launch – Official Site News

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The Tapestry is the latest development by CDL (City Developments Limited). Located along 86 Tampines Ave 10, Tampines (District 18), it is situated in an established HDB estate with plenty of new developments, including top shopping malls like Tampines One, and Park Facilities like Bedok Reservoir.

City Development Limited

The project is officially announced at the end of 2017 with indicative prices expected to be released after CNY 2018. For starters, one may refer to the following Tampines Masterplan by HDB to get an idea of the estate The Tapestry is developed in:

Tampines Master Plan - The Tapestry Condo

The Tapestry – Is Tampines An Ideal Location?

While Tampines is a matured estate, it has a wide variety of promising developments in the recent years. For example, residents can visit the nearby Tampines Hub, a huge facility that residents and people living within the vicinity will enjoy a variety of sports facilities, a brand new regional library, countless community club programmes and amenities, arts programmes and facilities, a hawker centre, retail shops and many more user-friendly features.

For shopaholics, the Condominium is nearby Tampines Mall and Tampines One – malls that offers every kind of store one could imagine, from bakeries with savory confections, to electronic stores selling the latest gadgets, and clothing stores showcasing the newest fashion trends.

The Tampines West MRT Station is newly constructed and offers a new convenience for transportation since it links residents to the Downtown Line. This means one can easily get to CBD and town. Other than that, the park connectors will be enhanced with a improved infrastructure in the cycling network.

To learn more about in-depth of the project location, do look at The Tapestry Singapore.

The Tapestry Project Details

Indicative Prices

Prices has not been released and is expected to launch after CNY 2018. Do take note that the intial prices are for easy reference as CDL will be doing a market comparative analysis to determine the competitive pricing for release.

However, you can be assured that the pricing will be investment-worthy based on the history of such developments.

Showflat Location:

The showflat location is tentatively located at Tampines Ave 10 St 86, based on the Tampines Land Parcel C. Register early to get access to the showflat viewing.

Sitemap & Amenities:

The sitemap has not been released. Do bookmark The Tapestry Project Details page to receive the latest updates, or sign up with our official team.

How To Get Early Preview to The Tapestry

Here’s the benefits to signing up for early preview:

  • Get first hand updates from developer
  • Get ebrochure and floor plan
  • Secure the VIP discounts *
  • Get updates on unit sold
  • Non-obligatory showroom preview by developer sales team*
  • Do preliminary assessment

Simply sign up for The Tapestry VVIP Preview here.

Rivercove Residences: 6 Reasons Why You Should Invest In This EC

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Rivercove Residences: A Brief Introduction

Rivercove Residences is expected to have her initial launch between Jan – Feb 2018. This is a brand new Executive Condominium (EC) that will be located along Anchorvale Lane, nested among the maturing estate of Sengkang.

Aligned with the Government HDB development plans, this EC will  offer the perfect mix of entertainment for shopaholics, athletes, and foodies alike, with new shops and restaurants continuing to pop up. Other than that, nature lovers will be delighted that the EC is located right next to Punggol Park, while sports facilities will be readily available at the nearby Sengkang Sports and Recreation Centre.

Rivercove Residences is jointly developed by Hoi Hup and Sunway Development, with a winning bid of $235 million for the plot of land, with the tender closing August 23 2017. In fact,  it is the only EC site on the confirmed list for the Government Land Sales (GLS) programme this year. This also means that the Singapore Government will be paying close attention to the development of this EC to ensure smooth progress.

Here’s a look at the site parcel that was successfully tendered:

Rivercove---Site-Parcel---Straits-Time

With all the information on hand, here’s why we think that this EC will be in demand:

6 Reasons Why Rivercove Residences is A Great Investment

1.  Rare EC in a mature estate

Apart from boasting a promising location, Rivercove Residences is also one of the rare ECs in Singapore to be located in a mature estate.

Residents can enjoy the lifestyle perks of living in an established suburban estate with a plethora of amenities in the vicinity.

Within walking distance of the EC is the shopping mall Compass one, featuring plenty of recreation and F&B options — some stalls here even operate around the clock. Tongkang LRT station is just minutes away and residents can find a wide variety of schools for their children needs.

2.  Fit for Nature Lovers

As mentioned previously, this EC is situated right beside Punggol Park. Residences can enjoy a fun cycle to the park, or even a daily jog to keep fit and healthy. With the NPB (National Park Board) focus on developing Park Connectors, it is foreseeable that Punggol Park will be more interconnected than ever.

Own a bicycle or trending Electric Scooters? Then this location will be perfect for you!

Get the opportunity to be one with nature and escape into serenity.

3. Top Schools Nearby

Rivercove Residences EC is within proximity to top schools like Nan Chiau School and Anchor Green Primary School.

In fact, a child’s academic journey from pre-school to higher education would be well covered here, so parents can be at ease especially with childcare development in this area.

4. Rich Mix of Amenities

With 678,600sq ft of land to build on, the Rivercove Residences executive condo is expected to house 635 units. This signifies a great mix of amenities that will be provided for residents.

From swimming pool to fitness gym, you will never miss out on gatherings with your family and friends when you can easily utilize the amenities Rivercove Residences have to offer. Coupled with a well-designed site plan, your quality of life improves tremendously in this rising estate.

If you are keen to get the E-Brochure upon release, be sure to register interest with us so we can provide you the latest news.

5. Great Investment Potential

Rivercove Residences EC is not just an ideal place to live in and raise a family — it also presents an attractive investment option.

Privatised ECs, or those that have crossed the 10-year mark and can be sold without any restrictions, remain highly sought after, with many registering considerable price gains.

This is especially the case for ECs in mature estates such as Bishan, Bukit Batok and Ang Mo Kio. This means that ECs are set to become rarer.

Recent records have also shown that ECs have great capital gains with attractive rental yields, so be sure to grab this golden opportunity for owning your EC.

6. Good Track Record

The developers Hoi Hup and Sunway Development is well-established and has many successful projects in their portfolios. Noteworthy, the recent EC developed by Hoi Hup – Hundred Palms Residences – was sold out on day 1 and this shows the confidence investors and buyers have in this developer.

They have been involved with many projects overseas outside of Singapore, and have a great reputation in the realtor industry.

Thus, you can expect Rivercove Residences to be one of the highest quality EC in Singapore, and is one of the reason why Rivercove Residences has great investment potential.

The relevance of the Chartered Valuer and Appraiser Programme to Business Valuers

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Singapore QP Graduation Ceremony_Welcome Address_featured

Introduction

The role of Business Valuation has always been instrumental to mergers and acquisitions and fundraising in the capital markets. The expanded use of fair value in financial reporting has further put a spotlight on the valuation profession as a critical contributor to the reliability of financial statements and indirectly to the workings of the capital markets. Despite this, there is still no single professional framework governing the profession in terms of conduct, education, credentialing, and performance.

There is still no single professional framework governing the profession 

The absence of such a framework makes it more difficult for the business community at large, who hire valuation professionals, to easily ascertain whether valuers possess the requisite skills to perform a high-quality valuation. Additionally, there is risk that the lack of a framework could impact the quality, efficiency, and effectiveness of the valuations being performed.

 

Benefits to the business community

On this basis, the case for a governing framework for the valuation profession seems clear, but what would the benefit be to those who rely on and use the work of professional valuers?

A more efficient selection process for buyers of valuation advice

The accreditation of valuation professionals would make selection of providers a more efficient process for buyers, reducing the amount of diligence required through reliance on the professional accreditation.

A more competitive market for valuation advice

The accreditation of valuation professionals would allow smaller valuation providers to demonstrate market credibility by membership of and adherence to the professional framework. This would provide buyers with a greater choice of provider and increase market competitiveness to the benefit of buyers.

Increased confidence in the robustness and consistency of the work

A professional framework would credentialise valuation professionals based on education, experience, examination, or some combination of these factors. This would give buyers comfort on the technical competence of the valuer in a world of increasingly complex and specialised valuation requirements.

Performance standards would also provide guidelines for the level of analysis to be applied and work to be performed to issue a valuation report. A robust quality review process would promote high-quality valuations, and provide a meaningful disciplinary mechanism for members who do not comply with the standards of conduct and performance. This would give additional comfort to buyers of valuation services that the valuation work has been performed to a good and consistent standard.

Confidence in professional conduct

A professional framework is likely to include a code of conduct giving buyers of valuation services comfort on professional behavior. This would cover important considerations such as independence, conflicts of interest, and due professional care, all of which would enhance buyer’s confidence in their dealings with appropriately accredited valuation professionals.

 

In conclusion

A widely recognised set of professional standards would enhance user and regulator confidence in the quality of valuations performed by promoting a greater level of consistency and robustness in the methodology, documentation and business/professional conduct. The Business community is also likely to benefit from a wider choice of valuation providers and a more competitive market for valuation services. #

 

The Chartered Valuer and Appraiser Programme was officially launched on 19 April 2016. Registration for the first intake is now open. Please click here for more information.

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