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Altura EC by Qingjian Realty at Jurong Region Line Benefits from Bukit Batok New URA Master Plan

Altura EC by Qingjian Realty at Jurong Region Line Benefits from Bukit Batok New URA Master Plan

The closeness of Altura EC to the upcoming Jurong Region Line (JRL) is forecasted to raise the value of the executive condo in the long run. Accessibility and interconnectivity are major components in the real estate market, thus the upcoming MRT facility will likely make the property more desirable for investors and prospective buyers.

The Urban Redevelopment Authority (URA) has created the Master Plan in order to set out a comprehensive land use vision and strategies for the development of Singapore’s future. Designed to produce a sustainable, liveable and vibrant city, this long-term plan guides the nation’s growth and development over a 10 to 15-year period. Enhancements and improvements to benefit residents of Altura EC, located in Bukit Batok, are included in the plan’s proposed transformations for different regions of Singapore. Therefore, those residing in Altura EC can look forward to enjoying the benefits of the URA Master Plan.

Residents of Altura EC can look forward to an improved lifestyle with a wider range of shopping, eating and entertainment options as the development of Tengah Town progresses, bringing new commercial and retail spaces. From shopping malls to supermarkets, restaurants and cafes, the selection of options for residents is set to expand dramatically.

Details about the Altura EC showflat and pricing information will soon be made available to prospective buyers. The showflat site of Altura EC at West Avenue 8 is conveniently located in the upcoming residential area near the rapidly developing Tengah Region. In close proximity to Bukit Batok Hillside Park and future high-rises, this executive condo features 375 residential units. Altura EC is also competitively priced in comparison to other estates in the area, making it a highly sought after property.
Dining options along the main road in the area include a selection of cafes, restaurants, and fast-food joints.

Residents of Altura EC can take advantage of the shopping and dining options available in Bukit Batok Town. West Mall provides a variety of retail stores, a supermarket, a cinema, and a selection of eateries. Bukit Batok Central offers a range of shops, food establishments, and other essential services. The main road in the area offers cafes, restaurants, and fast-food establishments, providing a range of dining choices.

Being near schools is important for numerous reasons, especially for families with school-going kids. Altura EC, located at Bukit Batok EC, can reap many advantages from its vicinity to schools. People who live close to schools can take advantage of shorter commutes for both kids and parents, making everyday tasks more convenient and less taxing. With less time spent traveling, children can have more freedom to pursue extracurricular activities, hobbies, and family time. Apart from this, reduced travel distances and time also lower the likelihood of any accidents occurring during commutes, thereby ensuring the safety of children going to and coming from school. Additionally, living close to schools can reduce expenditure on transportation costs such as bus fares and fuel costs for personal vehicles. Moreover, properties situated in the vicinity of well-known schools are likely to maintain or even increase in value over time, making them beneficial investments for homeowners.

Altura Executive Condominium offers a full selection of amenities that cater to its residents’ varied needs. With its top-notch connectivity, state-of-the-art facilities, and interesting green spaces, Bukit Batok Town is a desirable and balanced living environment to make a home. This community is ideal for families and professionals alike as it provides a wide range of convenience and recreational opportunities. Residents can enjoy its myriad of amenities, from the swimming pools to the jogging tracks, children’s playgrounds, and retail outlets. Altura Executive Condominium also comes with ample transport links, making it easy for those who need to commute to work or school. With its excellent amenities, Bukit Batok Town is a great place to live for those who want to stay close to nature whilst having access to the comforts of modern living.

The JRL will further bolster Singapore’s transport network by connecting Altura EC residents with other MRT lines such as the North-South Line, East-West Line, and Circle Line. This comprehensive network will offer greater convenience and provide a hassle-free transfer experience, allowing for enhanced travel flexibility.

At Altura EC, residents have access to a variety of community facilities, including the Bukit Batok Community Club and Bukit Batok Public Library. These facilities provide an extensive selection of activities, courses and events to encourage community involvement and strengthen the bond between residents. With these amenities, Altura EC is committed to creating a lively and vibrant neighbourhood.

In the Altura Executive Condominium (EC) Tender, Qingjian Realty and Santarli jointly put in an offer of S$662 psf ppr, exceeding the past record for EC land. This bid was likewise 4.8% higher than the subsequent highest bidder, Intrepid Investments Pte. Ltd. and TID Residential Pte. Ltd.

Tengah Town has been thoughtfully constructed with environmental responsibility as a focus, providing many green parks, corridors and recreational areas. Residents of Altura EC can appreciate the abundance of greenery, trails perfect for walking or cycling, and outdoor amenities. These decorations of lush greenery offer wonderful chances to do outdoor exercises, or simply just sit and rest in the peaceful atmosphere they provide.

The URA Master Plan stresses the significance of bolstered connectivity both inside and between distinctive neighborhoods. Altura EC could potentially benefit from this by seeing the emergence of fresh streets, additional public transport services, and more seamless pedestrian and cycling networks. These improvements could make it simpler for Altura EC dwellers to move around the vicinity and other parts of the country.

Tengah Town is set to be connected to the rest of Singapore through improved public transport links such as MRT stations and bus networks. The soon-to-launch Jurong Region Line (JRL) will be serving the residents of Tengah Town and its neighbouring areas, enhancing the accessibility of Altura EC. The upgraded connectivity will provide a more convenient way for people to travel to different parts of Singapore, thereby shortening the duration of their commutes and allowing them to make better use of the various facilities and amenities available.

The URA Master Plan promises a brighter future for Bukit Batok, and the residents of Altura EC stand to benefit from enhanced connectivity and amenities, increased job opportunities, and a focus on sustainability in the area. This will result in a better quality of life and a more vibrant living atmosphere in the years to come as the region undergoes transformation.

Once completed, Altura EC residents will reap a plethora of rewards from the JRL: they will benefit from improved connectivity, with new train services to Cutural City and the Jurong Lake District; enhanced public transport options, with expanded bus services, including the introduction of shuttle buses; the convenience of living close to two MRT lines; seamless journeys between the MRT and other public transport services; and improved access to attractions, cultural, healthcare and educational amenities. In addition, there will be enhanced leisure options and vibrant waterfront promenades that provide excellent recreational and social opportunities. Altura EC residents will also enjoy shorter commuting times and easier access to the Central Business District. Overall, the JRL promises to add a whole new dimension to their lifestyle.

Residents of Jurong can look forward to reduced travel times to various parts of Singapore, thanks to the upcoming Jurong Region Line (JRL). The seamless connectivity offered by this new MRT line promises to make commutes more efficient and convenient, particularly for those travelling from or to Jurong.

The Jurong Region Line (JRL) is set to enrich the lives of Altura EC residents, boasting enhanced connectivity, shorter travel times, increased property value and more convenient access to job prospects. These attractive benefits are certain to make Altura EC a sought-after residence in the western part of Singapore.

The improved connectivity that the JRL offers will provide Altura EC residents with faster and more efficient mode of travel. In addition, it shall reduce travel times, allowing residents to access other parts of the city quicker than before.

Moreover, the presence of the JRL is set to add value to the property of Altura EC. Given the improved transport access and associated opportunities for residents, it is likely that the property value of Altura EC will be driven up, with more homeowners set to make it their preferred residence in the western region of Singapore.

The JRL also presents an array of job opportunities for Altura EC dwellers. The improved access to other parts of the city would facilitate greater employment prospects, making the area a more desirable place to live in.

In conclusion, the JRL is set to revolutionize the residential experience of those living at Altura EC, providing them with improved connectivity, reduced travel times, increased property value, and better access to job prospects. This makes Altura EC an attractive option for potential homeowners in the western part of Singapore.

Positioned at the eastern side of Bukit Batok West Avenue, the 99-year leasehold Altura EC looks set to become one of the most sought-after developments in the area. With close proximity to the Jurong Innovation District and Tengah Town, the sprawling 1.24 hectares of the Altura EC Qingjian Realty site is expected to include 375 executive condominiums. Adjacent to Le Quest, a mixed-use development by Qingjian Realty that is expected to be completed in 2021, the highest bid of $266 million was jointly submitted by Qingjian Realty and Santarli Construction, which roughly comes up to $662 per square foot per plot ratio.

Altura EC at Bukit Batok Town, which resides in the west of Singapore, is an orderly and vivacious area to live in, delivering an assortment of amenities to meet the changing desires of its citizens. With its charming green spaces, efficient transport networks and state-of-the-art amenities, Bukit Batok Town is indeed an ideal spot for both living and working.

For those in Altura EC, shopping centers in nearby Bukit Batok and Choa Chu Kang are within easy reach. West Mall in Bukit Batok and Lot One Shoppers’ Mall in Choa Chu Kang both provide an extensive choice of retail stores, eateries, and recreational outlets ideal for Altura EC inhabitants. Such malls offer something to meet the requirements and tastes of all Altura EC citizens.
A few minutes’ drive away, Bukit Timah Nature Reserve is a popular spot for nature lovers. From Bukit Batok, residents can also enjoy easy access to numerous shopping malls, entertainment venues, and dining options.

Altura EC is home to a variety of recreational and leisure facilities, such as the Bukit Batok Nature Park, Bukit Batok Hillside Park, and the Bukit Batok Town Park (also known as Little Guilin). All of these areas provide residents with the perfect opportunity to partake in outdoor activities like jogging, cycling, and picnicking. Furthermore, the Civil Service Club @ Bukit Batok has numerous sports and leisure facilities, comprising of swimming pools, gyms, bowling alleys, and more. For nature-lovers, Bukit Timah Nature Reserve is a mere few minutes away by car. As a resident of Altura EC, you will also have easy access to multiple shopping malls, entertainment venues, and dining spots.
The PIE links Bukit Batok to the city centre and the west of Singapore, while the BKE connects it to the north-western parts of Singapore. For added convenience, the West Mall, a shopping mall located near Altura EC, provides sheltered bus interchanges and taxi services. In addition, there are multiple rental bicycle services located in the neighbourhood, making it possible for residents of Altura EC to enjoy cycling around the area and explore the nearby attractions.

Bukit Batok Town is well-connected to and from other parts of Singapore via the Bukit Batok MRT Station and the upcoming Jurong Region Line. Altura EC, located along Bukit Batok West Avenue 8, also has an extensive network of buses accessible, with major expressways in close proximity, such as the Pan Island Expressway (PIE) and Bukit Timah Expressway (BKE). The PIE links Bukit Batok to the city centre and the west of Singapore, and the BKE connects it to the north-western parts of Singapore. For added convenience, the nearby West Mall shopping mall has sheltered bus interchanges and taxi services. For those who enjoy cycling, there are also multiple rental bicycle services located in the vicinity of Altura EC, enabling residents to explore the attractions near the area.

The JRL is poised to foster economic expansion in the western region, thereby drawing more businesses to the area and generating job openings. The citizens of Altura EC stand to benefit from the possible employment opportunities close by, eliminating the necessity of travelling to distant parts of Singapore for work.

The Master Plan for Bukit Batok envisages the development of additional community amenities, green spaces, and recreational venues in order to boost the quality of life for the residents of Bukit Batok. Altura EC owners can expect to benefit from the inclusion of more parks, playgrounds, and sports amenities in the Bukit Batok region offering a chance for families and individuals to wind down, work out, and participate in community-based activities.

The JRL will enable residents of Altura EC to conveniently access multiple vital areas, comprising of business parks, commercial centres, learning institutions, and recreational facilities. This enhanced connectivity will make transportation from home to work, school, or recreational activities much simpler for residents of Altura EC.

Le Quest Mall provides an extensive range of retail outlets that meet the needs and desires of customers. Fashion, electronics, homeware and lifestyle options offer a convenient one-stop shopping experience. Furthermore, a supermarket is on-site, providing all the essentials and groceries for the convenience of the integrated development’s population.

The focus of the Master Plan is on sustainable development and environmental conservation. Under this program, Altura EC in Bukit Batok will have green and sustainable features to create a better living environment. This could involve energy-efficient building designs, tapping renewable energy sources, and improving waste management systems. With these efforts, residents can anticipate a more eco-friendly environment that is cleaner and greener.

Residents of Altura EC will be able to take advantage of the proximity to a selection of quality schools. The location’s land prices typically range between $580 and $650 per square foot, making it a suitable option for families looking to purchase a home. The West Avenue 8 EC Tender, offered by Qingjian Realty, is a special chance for Singaporeans to secure property in one of the nation’s most desirable districts.

Positioned at the heart of the residential area of Choa Chu Kang, Lot One Shoppers’ Mall is a popular shopping and lifestyle hub not only for locals, but also for visitors in the vicinity of Altura EC. Since its inauguration in 1996, this mall has become a fundamental part of the Choa Chu Kang community, offering one-stop-solutions for daily necessities and leisure activities. Its extensive range of retail, dining, and entertainment alternatives makes Lot One Shoppers’ Mall the ideal destination for the requirements of customers from all walks of life.

Altura EC, located near the Bukit Batok MRT station, is a convenient option for commuters. Just a short distance from a bus interchange and within easy walking range from the MRT, it is an ideal spot for families since it is also close to numerous schools. In addition, the extended lease period on Bukit Batok West Avenue 8 provides developers more time to market their units.

HDB has launched a public auction for Altura EC, a brand new executive condominium situated at Bukit Batok West Avenue 8. The project will boast a total of 375 residential units with a 99-year lease. Individuals or firms interested in bidding for the property have until 12 noon on 8 March 2022 to submit their offers. Upon completion of the evaluation process, the successful bidder will be granted the rights to move in and occupy the development. Altura EC is an exceptional residential complex located in the heart of Bukit Batok Town, offering potential homebuyers the chance to be a part of a magnificent development.

Lot One Shoppers’ Mall is exceptionally accessible, being directly joined to the Choa Chu Kang MRT station and bus interchange. This advantageous location ensures easy access to the mall for both locals and visitors using public transportation. For those who prefer to drive, the mall also features plenty of parking areas. The incorporation of transportation networks makes Lot One a convenient and ideal shopping destination. Visitors can explore the variety of stores such as NTUC FairPrice Xtra, BHG and Popular Bookstore.
, Methodist Girls’ Secondary School, and Pei Hwa Secondary School.

Altura EC, located in Bukit Batok EC, is a valuable option for families with children in the area. Its strategic location offers a convenient, safe, and cost saving living environment, not to mention social benefits. Furthermore, Qingjian Realty has ensured that a variety of schools are within close proximity to Altura EC. These schools include Bukit Batok Secondary School, Bukit View Secondary School, Dazhong Primary School, Lianhua Primary School, St. Anthony’s Primary School, Hong Kah Secondary School, Swiss Cottage Secondary School, Hillgrove Secondary School, Dunearn Secondary School, Keming Primary School, Methodist Girls’ Secondary School, and Pei Hwa Secondary School. Altura EC is a perfect example of how convenient, safe, and cost efficient living can be achieved.

Altura EC is fully equipped with all the necessary healthcare facilities to meet the medical needs of its residents. Located here is St. Luke’s Hospital, a community hospital offering medical care and rehabilitation services. Bukit Batok Polyclinic provides primary healthcare services. Additionally, a number of private clinics and dental practices are also available to residents in the area.

The Altura EC is anticipated to gain strong interest from first-time buyers and HDB upgraders due to its advantageous position. Executive condominiums typically offer a more economical option when compared to private condominiums, making them a viable option for many Singaporean families. The project is due to launch in the second quarter of 2023, with the present rate set at S$3,500 per square foot for the West Avenue 8 EC.

Altura EC is primed to provide residents with an unrivaled lifestyle experience due to its fortunate position near the vibrant shopping hotspots of Bukit Batok and Choa Chu Kang. With close proximity to an abundance of retail, dining, and leisure amenities, occupants of Altura EC will receive the best of both worlds – the luxuries of city living within a serene and peaceful setting.

Located in Bukit Batok, Singapore, Le Quest Mall is an exciting new addition to the residential town. It combines both residential units and a retail mall, making it a popular lifestyle destination for both locals and visitors alike. This innovative development provides its patrons with a variety of retail, dining, and leisure options, making it a great place to shop and relax in the Bukit Batok area. With its unique mix of offerings, Le Quest Mall is sure to be a standout destination in the neighborhood.

The upcoming Jurong Region Line (JRL) is set to offer great advantages for Altura EC citizens, augmenting their accessibility to different parts of Singapore and convenience. This much-needed enhancement to the MRT system will bring greater accessibility to the western areas of Singapore, including Jurong, Choa Chu Kang, and Tengah, improving the overall connectivity for commuters.

With the URA’s Master Plan, there is potential for generating job opportunities, and thereby supporting economic growth, by developing business hubs and industrial parks across Singapore. Bukit Batok’s transformation could draw businesses and industries to the area, paving the way for employment prospects for Altura EC dwellers. This may engender a more balanced live-work-play setting and lessen the requirement for commuting long distances to workplaces.

The forthcoming Tengah Town, placed in the western portion of Singapore, is projected to be a major progress that will be of advantage to locals from adjacent areas, like Altura EC in Bukit Batok. Marketed as Singapore’s foremost “Forest Town” and crafted with sustainability and green living basics in mind, Tengah Town seems all set to extend an array of facilities, greater connection, and a dynamic living atmosphere. Consequently, Altura EC inhabitants can anticipate experiencing the gains prompted by the establishment of Tengah Town.

Given that the Altura EC Bukit Batok West Avenue 8 site is included on the 2021 Confirmed List of Government Land Sales, developers are likely to demonstrate a solid inclination towards this executive condo location. Boasting a maximum gross floor area of 37,348 square meters and height restrictions between 60 and 70 meters, the estimated yield is 375 residential units. Developers can opt for the executive condo site based on the pricing range set for it.

Altura EC, located in Bukit Batok, is well served by a variety of educational institutions, ranging from primary to tertiary levels. Bukit View Primary School, Keming Primary School, Bukit Batok Secondary School, and Millennia Institute are among the reputable schools in the vicinity, making this area an ideal location for families with school-going children.

In line with the Master Plan, there is an endeavor to refresh existing retail and recreational areas, while at the same time creating new ones, in Altura EC to fulfill the varied needs of its residents. This may likely mean the emergence of more shopping centers, food outlets, leisure facilities and entertainment options in the vicinity of Altura EC. With this greater variety of retail, food and entertainment establishments, residents can look forward to an invigorating and stimulating residential experience.…

Comparison Between Bukit Batok Town and Tengah Town. Which Location is Better for Investors

In Singapore, two towns—Bukit Batok and Tengah—are often compared for their investment potential. Both towns offer investors excellent opportunities for growth as well as a variety of amenities and conveniences.

For investors, Bukit Batok Town is an attractive option. It is a mature estate with well-developed infrastructure, making it ideal for businesses. The town is also close to a number of amenities, such as shopping malls, schools, and public transport. Its proximity to the city center makes it a great choice for investors who want easy access to the city. Furthermore, Bukit Batok Town is home to a number of industrial parks, giving businesses the opportunity to expand their operations.

Tengah Town, on the other hand, is a newer town that is still in the early stages of development. Although it is not as well-developed as Bukit Batok Town, it still offers investors many advantages. For one, it is located close to Jurong Industrial Estate and several other industrial parks, making it a great place for businesses to set up operations. Additionally, Tengah Town is also close to a number of amenities, such as shopping malls and recreational centers.

When it comes to investment potential, both towns offer investors excellent opportunities for growth. However, Bukit Batok Town is the better option for investors who want to be close to the city center. Additionally, its mature infrastructure makes it a great choice for businesses looking to expand their operations. On the other hand, Tengah Town is a great option for businesses that want to take advantage of its proximity to industrial parks.

Overall, both Bukit Batok Town and Tengah Town offer investors excellent opportunities for growth. However, Bukit Batok Town is the better option for investors who want to be close to the city center and take advantage of its well-developed infrastructure. For businesses that want to take advantage of its proximity to industrial parks, Tengah Town is the better option.

When it comes to investing in a property, two of the most popular towns in Singapore are Bukit Batok and Tengah. Both towns have their own unique benefits and drawbacks, but which one is better for investors?

Bukit Batok Town is a popular residential area located in western Singapore. It is well-connected to other parts of the city and is close to a range of amenities, such as shopping malls, educational institutions, and recreational facilities. The town has plenty of housing options, from high-rise condominiums to landed properties. Bukit Batok is also well-known for its low crime rate and tranquil environment, making it an ideal place for families.

Tengah Town is a new town located in the western part of Singapore. It is well-connected to other parts of the city through public transportation, and it has a range of amenities such as retail outlets, parks, and educational institutions. The town is designed to be a “smart city”, with energy-efficient buildings and green spaces. It is also well-known for its low crime rate and peaceful environment.

When it comes to investment potential, both towns offer plenty of opportunities. Bukit Batok has a long track record of steady property prices and rental yield, making it an attractive proposition for investors. Tengah, on the other hand, is a new town that has yet to be fully developed. Although prices are still relatively low, there is potential for growth as the town continues to be developed.

In terms of location, both towns are well-connected to other parts of Singapore and have plenty of amenities. However, Bukit Batok has the advantage of being more established, making it easier for investors to find tenants. Tengah, on the other hand, has the potential for greater appreciation in the future, as more developments are completed.

Ultimately, the decision of which town is better for investors will depend on each individual’s needs and preferences. Bukit Batok is a more established town with steady property prices and rental yields, while Tengah is a new town with potential for greater appreciation in the future. Both towns offer plenty of opportunities for investors and are well-connected to other parts of Singapore.…

How The Latest New Executive Condominium at Bukit Batok West Avenue 8 Attract First Time Home Buyers

The latest new executive condominium (EC) at Bukit Batok West Avenue 8 is attracting first time home buyers with its luxurious features and affordability. Located in the western part of Singapore, the condominium is close to major amenities such as shopping malls, schools, and transportation links. In addition, the development is within walking distance from Bukit Batok MRT station as well as the Jurong East MRT station.

The condominium is designed with modern features and innovative technology, making it a perfect choice for first time home buyers. The development is set in a lush landscape, giving residents a sense of serenity and tranquility. The condominium also provides various lifestyle amenities such as a swimming pool, gym, clubhouse, and BBQ pits.

The condominium offers a variety of unit types to meet the needs of different types of buyers. The units range from 1-bedroom to 4-bedroom units, offering buyers a variety of options. The units come with modern finishes, such as marble flooring and high-end appliances, giving residents a luxurious and comfortable living environment.

In addition to its luxurious features, the EC at Bukit Batok West Avenue 8 also offers competitive prices. First time home buyers can benefit from the government’s subsidised housing schemes and purchase their dream home at an affordable price. Buyers can also take advantage of the various financing options available, such as the HDB concessionary loan, to make the purchase more affordable.

The development also offers a range of attractive features for buyers. The condominium is well-maintained, providing residents with a safe and secure living environment. Additionally, the development also provides residents with 24-hour security and CCTV surveillance to ensure the safety of residents.

Overall, the latest EC at Bukit Batok West Avenue 8 is an attractive option for first time home buyers. The development offers a variety of luxurious features, competitive prices, and attractive financing options to make the purchase more affordable. In addition, the condominium is well-maintained and provides a safe and secure living environment. With all these features, it is no surprise that the condominium is drawing the attention of first time home buyers.

The latest new executive condominium (EC) at Bukit Batok West Avenue 8 has been designed to attract first time home buyers. The project offers a mix of two and three-bedroom apartments, with prices ranging from $788,000 to $1,246,000. This makes it one of the most affordable ECs in Singapore, making it an attractive option for young professionals and families looking for their first home.

The development is located in a mature estate with plenty of amenities and public transport options, making it a great choice for first-time buyers. The area is well-connected to the city and other parts of Singapore, with buses and trains easily available. The condominium is also close to shopping malls, restaurants, and leisure spots. This makes it a great option for young professionals who are looking to be close to the city and yet have access to a variety of lifestyle options.

The pricing of the units is also attractive for first-time buyers. With prices ranging from $788,000 to $1,246,000, the cost of the units is relatively low compared to other ECs in the same area. This makes it an ideal choice for young professionals and families who are looking for a home without breaking the bank.

The design of the condominium is also attractive to first-time buyers. The development offers modern and stylish apartments, with balconies and spacious living areas. The apartments are designed with the latest technologies, such as smart home systems and energy-saving features, to ensure that residents have a comfortable living experience. The development also offers a variety of facilities, including a gym, swimming pool, and clubhouse. This makes it an ideal choice for those who are looking for a home with all the amenities they need.

The Bukit Batok West Avenue 8 also offers a variety of financing options for first-time buyers. The development offers loan packages with low interest rates and flexible repayment plans, making it easier for first-time buyers to purchase their first home. This makes it an attractive option for those who are looking for an affordable home without having to worry about the costs.

The Bukit Batok West Avenue 8 executive condominium is an attractive option for first-time buyers. With its attractive pricing, modern design, and convenient location, it is an ideal choice for young professionals and families looking for their first home. The development also offers attractive financing options, making it easier for first-time buyers to purchase their first home. This makes it an attractive option for those looking for a home without breaking the bank.…

Investors Looking at Executive Condominium Instead of Private Condos Due to New Cooling Measures

The Singapore government has implemented a series of cooling measures in the property market, which has caused investors to look towards executive condominiums (ECs) instead of private condos as an investment option. These measures, which include the Additional Buyers Stamp Duty, the Total Debt Servicing Ratio, and the Seller’s Stamp Duty, have been implemented to ensure that property prices remain stable and that the market does not become overheated.

The Additional Buyers Stamp Duty (ABSD) is a tax imposed on buyers of residential property in Singapore. This tax is calculated as a percentage of the purchase price of the property and is applicable to all residential properties, including ECs. Under the ABSD, Singaporeans, Singapore permanent residents, and foreigners are subject to a 3%, 5%, and 10% rate respectively. In addition, there is an additional 5% tax for Singaporeans and Singapore permanent residents who purchase their second or subsequent residential property.

The Total Debt Servicing Ratio (TDSR) is another cooling measure that has been implemented by the Singapore government. This measure requires that all borrowers, including those buying an EC, ensure that their total debt servicing ratio does not exceed 60% of their gross monthly income. This means that, if an investor is looking to buy an EC, they must ensure that their total debt servicing ratio does not exceed this limit.

Finally, the Seller’s Stamp Duty (SSD) is a tax imposed on the seller of residential property in Singapore. This tax is calculated based on the purchase price of the property and is applicable to all residential properties, including ECs. The SSD is imposed on the seller regardless of whether they are a Singaporean, a Singapore permanent resident, or a foreigner.

The combination of these cooling measures has led to many investors looking towards ECs instead of private condos as an investment option. ECs are generally more affordable than private condos and are more attractive to investors due to their lower prices. In addition, the additional taxes imposed on private condos make them less attractive to potential investors.

ECs also offer investors a number of advantages that private condos do not. For example, ECs are typically located in well-developed areas that are near amenities such as shopping malls, schools, and public transportation. This makes them more attractive to potential renters and, as such, can provide investors with a steady stream of rental income.

In addition, ECs are often located in residential estates that are well-managed, which can provide tenants with a sense of security and peace of mind. This is important for investors as it can give them assurance that their investments are in safe hands.

Finally, ECs are eligible for various government grants, such as the CPF Housing Grants, which can help offset some of the costs associated with purchasing an EC. This can be beneficial for investors as it can help reduce their initial investment costs and make the purchase of an EC more affordable.

Overall, the cooling measures implemented by the Singapore government have caused investors to look towards ECs instead of private condos as an investment option. ECs are generally more affordable than private condos, and the various government grants available for ECs can help reduce the cost of purchasing an EC. In addition, ECs are typically located in well-developed areas that are near amenities, which can make them more attractive to potential tenants. As such, investing in ECs can be a wise decision for investors looking to invest in residential properties in Singapore.

In recent years, executive condominiums (ECs) have become more attractive to investors as a result of new cooling measures implemented by the Singapore government. ECs have become a viable alternative to private condos due to their affordability, attractive location and amenities, and attractive return on investment.

First and foremost, ECs are more affordable than private condos, especially in prime locations, with prices typically ranging from 20% to 30% lower than private condos. This makes ECs a great option for investors who are looking for a good return on investment without breaking the bank. Additionally, ECs are usually located in desirable locations, close to amenities such as shopping malls, public transportation, and educational institutions. This makes them attractive to potential tenants, which in turn, can lead to higher rental yields.

Furthermore, ECs also offer attractive amenities, such as swimming pools, gyms and playgrounds. These amenities can help attract tenants and can also be a great way for investors to add value to their property. Finally, ECs offer attractive return on investment. With rental yields of around 3-4%, ECs can provide investors with a steady income stream. Moreover, with their low prices and attractive locations, their resale value can also be higher than that of private condos.

That being said, there are some downsides to investing in an EC. For example, there is a five-year minimum occupation period before they can be resold. This means that investors will not be able to benefit from any short-term capital gains, as they would with a private condo. Additionally, the government has also imposed restrictions on the sale of ECs, such as limiting the number of resales per year. This means that investors may not be able to benefit from any potential price increases in the short term.

Overall, ECs are an attractive option for investors looking for an affordable, attractive property in a desirable location. With their low prices and attractive amenities, ECs offer a good return on investment and can help investors benefit from a steady income stream. However, it is important to take into account the restrictions imposed on the sale of ECs, as well as the five-year minimum occupation period, before making a decision.…

Looking at Qingjian Realty New Upcoming EC at Bukit Batok West Avenue 8

Qingjian Realty is set to launch a new Executive Condominium (EC) project in the Bukit Batok West Avenue 8 area of Singapore. Located in the western part of the city and situated in a tranquil neighbourhood, the new Qingjian Realty EC will be a great living option for those who want to enjoy the city life without having to deal with the hustle and bustle of the central area.

The new Qingjian Realty EC will be a two-tower development with a total of 527 units. The units will range from one-bedroom to five-bedroom, providing a range of options for potential buyers. The development will also feature a range of facilities, such as a gym, swimming pool, tennis court, clubhouse, multi-purpose hall, and BBQ pits. The development will also have a commercial area with shops, restaurants, and other amenities.

The new Qingjian Realty EC is conveniently located near Bukit Batok MRT station and is close to a number of shopping malls, including West Mall and JCube. The area is also well connected to the rest of Singapore via major expressways, such as the Pan Island Expressway, Bukit Timah Expressway, and Central Expressway.

The new development is also close to a number of schools, including Bukit View Primary School, Bukit View Secondary School, and Swiss Cottage Secondary School. This makes it a great option for families with school-going children.

The new Qingjian Realty EC is also close to a number of parks, such as the Bukit Batok Nature Park and the Bukit Batok Town Park. This makes it a great place to live for those who love the outdoors.

The new Qingjian Realty EC is expected to be completed by 2021. This makes it a great investment opportunity for potential buyers, as the development is likely to appreciate in value over time.

Overall, the new Qingjian Realty EC at Bukit Batok West Avenue 8 looks like an attractive option for those looking for an ideal home in Singapore. It is conveniently located, offers a range of facilities, and is close to a number of amenities. It is also expected to appreciate in value over time.

Qingjian Realty’s newest Executive Condominium (EC) located at Bukit Batok West Avenue 8 is a great example of modern urban living. Located in the heart of the bustling Bukit Batok area, the EC promises to be a desirable choice for home buyers. With easy access to the MRT station, schools, hospitals, and local amenities, the EC will be a great option for those looking for a convenient and comfortable lifestyle.

The property is expected to be completed by 2022 and will consist of two towers with a total of 785 units. The units will range from one to five bedrooms, with sizes ranging from 495 to 1,550 square feet. All the units are expected to be equipped with modern features such as air-conditioning, fully installed kitchen cabinets and appliances, and a private balcony. The property will also be equipped with a range of recreational and lifestyle facilities, such as swimming pools, a gym, and a clubhouse for residents to enjoy.

The location of the EC is also a major plus. It is close to the MRT station, which provides easy access to the rest of the city. There are also several schools and hospitals nearby, making it an ideal choice for families. Shopping and dining options are also within close proximity, making it easy to find whatever you need.

The EC also offers attractive prices. Prices start from $34,000 and go up to $1.9 million. This makes the EC an affordable option for many potential buyers. Furthermore, the property is eligible for the CPF Housing Grant, which can provide buyers with additional savings.

All in all, Qingjian Realty’s new upcoming EC at Bukit Batok West Avenue 8 is an attractive option for those looking for a modern and convenient lifestyle. It has a great location, modern features, and attractive prices, making it an ideal choice for home buyers. With completion expected in 2022, this is an opportunity that should not be missed.…

Why Investors Are Keeping a Close Lookout for Real Estate in Bukit Batok

Bukit Batok is an area in Singapore that has become increasingly attractive to investors in recent years. Located in the West of Singapore, it is close to major transportation hubs, shopping malls and other amenities. It also has a wide range of housing options, from HDB flats to private homes and condominiums. As a result, Bukit Batok is becoming a popular destination for investors looking to benefit from the potential of the real estate market.

The primary reason why investors are keeping a close lookout for developments in Bukit Batok is its potential for capital growth. This is because the area has seen steady growth in the past few years and is expected to continue to do so in the future. This is due to the area’s strategic location and the presence of several amenities and infrastructure in the area. As a result, it is an attractive option for investors looking to benefit from the potential of the real estate market.

Another reason why investors are keen to invest in Bukit Batok is its affordability. This is because the area offers a wide range of housing options, from affordable HDB flats to luxury condominiums. As a result, investors can benefit from the potential of the real estate market without having to break the bank. This makes Bukit Batok an attractive option for those who are looking to invest in real estate without having to spend a fortune.

In addition, Bukit Batok is also a safe and secure place to invest in. This is because the area is well-protected, with a strong police force and a robust security system in place. As a result, investors can rest assured that their investments will be safe and secure. This is especially appealing to those who are looking to invest in real estate but want to ensure that their investments are secure.

Finally, the area also offers potential for rental income. This is because the area is home to several businesses, including restaurants and retail shops. As a result, investors can benefit from the potential of rental income, as well as the potential of capital growth.

In conclusion, investors are keeping a close lookout for real estate in Bukit Batok because of the potential for capital growth, affordability, safety, and rental income. As a result, it is an attractive option for those looking to benefit from the potential of the real estate market.

Real estate in Bukit Batok is one of the most attractive investment opportunities in Singapore. Located in the western part of the city, close to the Central Business District (CBD) and other major commercial hubs, it is a great option for investors looking for a high return on their investments.

Bukit Batok has a lot to offer potential investors. It is home to some of the most sought-after residential properties in Singapore, with a wide range of housing options from landed homes to luxury condominiums. The area also has many amenities, such as shopping malls, recreation and leisure activities, transport links and schools. This makes it ideal for families, as well as investors.

The property market in Bukit Batok is also fairly stable. The area has seen consistent growth in the past few years, with prices increasing steadily. This is due to the strong demand for homes in the area, as well as its proximity to the city centre and other developed areas. As such, investors can expect to see a good return on their investments in the long term.

One of the main advantages of investing in Bukit Batok is its affordability. Compared to other areas of Singapore, it offers good value for money and is much more affordable than other areas of the city. This makes it a great option for those looking to invest in the real estate market without breaking the bank.

Furthermore, the area is well-connected to the rest of the city, with several MRT lines running through the area. This makes it easy for investors to get around and conduct business. It also means that potential tenants and buyers will have easy access to the area and be able to view properties with ease.

Overall, Bukit Batok is an attractive investment option for potential investors. It offers good value for money, is well-connected to the rest of the city, has a stable property market and plenty of amenities. With these factors in mind, it is no surprise that investors are keeping a close lookout for real estate in Bukit Batok.…

JLL appoints Luke Billiau as capital markets head for Australia and New Zealand

JLL has announced the promotion of Luke Billiau to the position of head of capital markets for Australia and New Zealand. Billiau has been with JLL since 2007, and has held the roles of senior director of the Queensland capital markets team, head of NSW capital markets, and head of office investments for Australia.

Stuart Crow, CEO of Capital Markets, Asia Pacific at JLL, spoke highly of Billiau in a press release, stating “Luke’s broad experience across various asset classes and states, diverse client relationships and proven track record of leadership and execution give us tremendous confidence in the future success of our Australian capital markets business.”

Billiau now leads a team of over 140 professionals, and is responsible for overseeing JLL’s capital markets platform in Australia. The position encompasses a variety of asset classes, and includes managing clients in a diverse range of state locations.

This news comes amid reports of Singapore’s success at attracting world’s wealthiest to its shores. The country has been ranked third, after the United Arab Emirates and Australia, at bringing in the wealthiest individuals, according to a recent report. Additionally, Avani and The Work Project have opened their first locations in Australia.

With Luke Billiau leading JLL’s capital markets platform in Australia, the company is confident of continued success in the region.…

SC Capital Partners, THi to develop industrial facility in Suzhou

SC Capital Partners and THi have collaborated on multiple projects in China and have been actively seeking to expand their presence in the Asia Pacific.

SC Capital Partners, a private equity real estate firm based in Singapore, has teamed up with Shanghai-based industrial and logistics developer THi Holding Management Corp. to acquire a rectangular plot of land measuring more than 50,000 sq m (538,196 sq ft) in China’s Suzhou Industrial Park.

The partners intend to develop the project into a Grade-A industrial facility targeting high-end manufacturers, with the completed facility offering up over 103,000 sq m (1.1 million sq ft) in net lettable area. Solar panels will additionally be installed on the rooftops. An interesting development comes in the form of Zero Point, an electric vehicle battery pack company, being secured as the anchor tenant of the facility.

This marks SC Capital Partners’ second investment in Suzhou Industrial Park, a manufacturing and logistics hub. Suchad Chiaranussati, chairman and founder of SC Capital Partners, remarked that this transaction strengthens the collaboration between SC and THi, as they look to capture growth opportunities in the industrial and logistics sector of the Yangtze River Delta.

Sarah Hu, director and general manager of THi Management, commented on the mutual benefits of partnering up with a strategic player like SC Capital Partners. Hu said that working with such a partner is essential for executing investment strategies successfully.

This project is also an excellent addition to SC Capital Partners’ opportunistic fund series, which invests in the developed markets of the Asia Pacific. SC Capital and THI remain active in expanding their presence in the Asia Pacific and have already collaborated on multiple projects in China.

Hu further noted that demand for regional industrial and logistics assets is expected to remain resilient. According to Hu, this presents a great opportunity for the partners to capitalize on.…