HDB EC land bids in Singapore are skyrocketing because of the rising demand for affordable housing. While landed homes lock up more of your capital, they are also expensive to maintain. The MAS has been supporting owners by enforcing prudence through deferred mortgages and total debt servicing ratio curbs.

The recent rise in land prices has been particularly pronounced in Singapore’s d’Leedon neighbourhood, where family-sized units can cost up to $2 million. This has led many younger couples to settle for a resale HDB flat as their first home.

New home sales jumped during Covid 19. This was primarily due to two new launches. While take-up for private homes was generally tepid in September, new launches such as the Copen Grand EC in Tengah and Tenet EC in Tampines were key factors. Although limited private condo launches will likely dampen new home sales in October, the EC segment should continue …

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CEL Development

The new development will be the largest enbloc in Jurong and is set to offer 440 units for sale. It is located near Jurong Lake District and Lakeside MRT station. It is also close to major highways and educational institutions. The site has a permissible plot ratio of 2.1. It is expected to have a gross floor area of up to 403,145 square feet.

The developers are CEL Development, a wholly-owned subsidiary of mainboard listed developer Chip Eng Seng. Other partners include Haiyi Holdings and SingHaiyi Group. The project is expected to cost more than SG$260 million. The developers will finance the project with internal funds and external borrowing.

The new development is a new one in Yuan Ching Road. It is set to be completed in 2019. It is located near Lake Side MRT station. It is also close to iconic hawker centres, including Boon Lay Place …

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The Future of Jurong East Central Condo by CapitalAnd Former JCube

The Jurong Lake District in Singapore is a desirable location to purchase a condominium unit. Located near Jurong Gateway and the International Business Park, this district is home to a variety of shops, restaurants, and entertainment venues. In addition to its retail offerings, it is also home to Singapore’s first Olympic-size ice rink.

Jurong Lake District

The development arm of CapitaLand has acquired the former JCube mall in Jurong, near the Jurong Lake District. The company plans to use the land for mixed-use developments, with a mix of residential and commercial spaces on the first floor. The purchase is expected to be completed by 1Q 2022.

Although the project has been on the drawing board for over 20 years, it has only recently begun to take shape. The first Concept Plan was released back in 1991, and the next …

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Located in district 24, Tengah Garden Walk EC is a prestigious Executive Condominium project. It is part of the Master Plan of the Urban Redevelopment Authority of Singapore, and will feature 615 Executive Condominium apartments. It is comprised of a total gross floor area of 61,659 square meters and a site area of 22,020.8 square meters.

The future development of Tengah Town is expected to provide 42,000 new homes for Singaporeans. The development is expected to be developed on 700ha of land and is roughly the same size as Bishan. The new town will consist of five residential districts, each with a unique theme and flavor. The Plantation District will have 10,000 units, and will have opportunities for urban farming and “Farm to Table” dining.

The future development of Tengah Town will also include the creation of a sports hub. While there are already sports facilities in nearby districts such …

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Marina Gardens Residences is one of the most iconic buildings in Singapore’s skyline, located near the Central Business District. It features an excellent combination of indoor and outdoor facilities, such as four swimming pools, a climbing wall, rooftop tennis court, large gym with panoramic views, and spa. The Sail’s prime location offers easy access to the CBD and the numerous shopping malls. This condominium is well-located for business and leisure travelers alike, making it an excellent choice for those who like to work or play in the city.

The Sail @ Marina Bay At Central Business district took its design cues from the city’s maritime environment. The building has three 55-storey towers, each linked by a 2.5-acre SkyPark. The SkyPark is comprised of a public observatory, a 151-meter-long swimming pool, restaurants and jogging paths. Visitors can enjoy the view from the top of the hotel’s skypark.

The SkyPark, the world’s …

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