Category: Real Estate

7 May

Hundred Palms Really GOOD?

Located in District 19, Hundred Palms Residences EC is surrounded by many good schools including Bowen Secondary School Rosyth School, and Serangoon Junior College. Just to Hougang 1, residents can conveniently walk over behind Hundred Palms Residences with F&B outlets including KFC, Sakae, mall which offers outlets including NTUC Fairprice for their daily requirements and many more. Further down over at Ci Yuan Community Club at which you are able to find a coffeeshop with many food varieties.
Hundred Palms Residences is connected via major roads and expressway including Central Expressway or Tampines Expressway to take bring you to the East.

About the plot tender

Yio Chu Kang EC plot have garnered many interest among property developers. Despite the suppress marketplace, the plot have brought many high bidders in early 2016 and set to launch in mid 2017. Nonetheless, there are not any EC launches for a long time in this mature HDB estate area. Conveniently located near many great schools and amenities (e.g Hougang 1 Mall), this development will attract many possible HDB upgraders and first timers from this part of town.

This translates to a rough breakeven expense of somewhat above S$700 psf. Hoi Hup manager have said that their target selling price will be around S$800 psf on average. This indicative pricing will depend on market state during the time of launch and may change. Coming in second is Nanshan Group Singapore at 6.1% lower than the top bid. With bulk of the component will comprise of 3 bedrooms, followed by 4 bedrooms Yio Chu Kang EC is looking to start about 560 units. The minority will be 2 and 5 bedrooms.
Analyst have said that the lack of new EC supply in this region and surrounding Hougang, Serangoon, and Ang Mo Kio, have resulted in a competitively high bid among the developers. Thus, potential and the demand for take up rate will probably be favorable.

Watch the new remaking of Hougang that will benefit the buyers of Yio Chu Kang EC, Hundred Palms Residences

The Exact Location of 100 Palms EC By Hoi Hup Hougang Development Pte Ltd

10 May

Strategies To Help You On Your Quest To Finding Good Commercial Property

At some point in their lives, most folks participate in the buying of some real estate, like a house. But you need to be extra careful and find out about the rules and regulations, as well as the tricks of the trade, so that you don’t get taken advantage of. It comes in handy to do a lot of research on real estate before starting your commercial property search. In order to have the ability to stay away from cons, review these suggestions about making the right moves when you are acquiring property.

When you start, your starting bid should be based off of what you feel the commercial property is worth and what you can afford. Always make sure your opening bid is fair and reasonable. This way you won’t completely offend the vendor. Aiming low with the very first bid is a logical step to many people. However, take the market’s current state into consideration before you do so.

Commercial property listings given to buyers in the web is usually unprecedented, but the favorite method new buyers should use is professional agent. Exclusive buyer agents are the very best agents to work with, if possible. Try to find someone with your best interest in mind that will assist you strategically. You do not want to make any avoidable errors in the important decisions you need to take in buying commercial property.

You could be surprised to learn that the closing costs on a home in this country run from $2, 000 to $5, 000, depending on the area and the particular commercial property. When you have decided on your property, you should not neglect seeing just what the closing costs are. Closing costs include title and settlement fees, loan company fees, and taxes. You can familiarize yourself with the average cost of closing in your area through a review of an annual closing cost survey.

Your lender will probably need to appraise the commercial property. However, it’s just the bank deciding whether or not the property is valued at the price you’ve consented to pay. Ensure that you employ an inspector on your own to evaluate the property. The inspector’s job will probably be to show you any problems that you could have a tendency to so you could cut the expensive repairs way down.

There’s a large gap between pre-qualifying a buyer for a loan and pre-approving him or her. It’s much, much easier to get pre-approved for a loan – almost anyone can accomplish this minor feat. When a loan company pre-approves a customer for a loan, that loan company informs the customer how much they can afford to spend on their commercial property and how much money the financial institution will lend them based on all the customer’s financial data. You will likely be better off getting pre-approved so you know ahead of time what you can afford.