Located strategically along Upper Thomson Road, Springleaf Residence Condo is poised to reap significant benefits from the Urban Redevelopment Authority (URA) Master Plan. This plan serves as a comprehensive guide…
Mandai Heritage
Exciting news in Mandai, home of the Singapore zoo, the go-ahead is been given to transform the former orchid farm and abandoned village into a new integrated wildlife and nature heritage area.
Temasek holdings and the Singapore Tourist Bureau have teamed up to answer the STB’s call for bids to develop such a project.
It has been revealed. This new development will be in harmony with many of the other attractions in the general area, such as the Night Safari and River Safari already in operation, managed by wildlife reserves Singapore (WRS), which is a wholly owned subsidiary of Temasek for Botanique at Bartley.
Botanique at Bartley
The head of the Enterprise Development Group at Temasek, Dilhan Phillay Sandrasegara has gone on record saying, “Our proposal seeks to build carefully and hopefully on this wildlife heritage in Mandai for present and future generations for Botanique at Bartley owners.””
He went …
Read MoreMillion Dollar HDB
The national development minister hopes for a single digit drop in HDB sale/resale prices for Botanique @ Bartleyin 2015. However, Khaw Boon Wan commenting on a media report about a 1615 ft.² mansionette recently being sold at an unbelievable price of $1 million Bishan st. this last December.
Botanique @ Bartley Condo
Bishan is no stranger to million-dollar deals. However, reality experts report the demand for HDB prices are high, due to the area’s central location in the heart of Singapore. It is also within close proximity of reputable schools, a wide selection of luxurious and spacious flats, which are hard to find in the middle of Singapore proper, In addition to the fact that the real estate properties in the area are well supported and maintained.
In addition, resale flats in Bishan on the most part, are newer and more modern than others in surrounding, more mature housing developments …
Read MoreBotanique @ Bartley Foreigners Fleeing
According to some media reports, fears have been raised that rapid sale of luxury residential flats in areas of Botanique @ Bartley that were popular with expatriates in 2014 may trigger a mass uprooting in Singapore of foreign property buyers.
2014 saw a few higher end apartments in areas such as Orchard Road and Sentosa Cove being sold at what was considered a large loss, regardless of the fact that historically, these have been areas popular to foreign property buyers more than anywhere else in the city-state.
Botanique @ Bartley Investment
Looking at data that was put together by Maybank, the sale of a four bedroom unit in Turquoise at Sentosa was the largest loss making transaction in July of 2014. The unit sold for $3.9 million, quite a loss when compared to its original amount of $7.1 million back in November of 2007. Adding to this is the fact …
Read MoreDescription and Amenities
If you’re looking for a new residence and a luxury condo is on your list than you’ll be happy to know that the people at United overseas land (UOL) have begun a new initiative that will add a stunning addition to condo row in the private residential neighborhoods near Paya Lebar and Bartley along what is now known as the “Condo Belt.” Here it’s almost impossible now days to get a new condominium, as Bartley Ridge is 96% sold out in Berkeley Residences are 100% sold out. This area is prime real estate and is only a short walk from the Maris Primary and High School.
Today in this article, you’ll find out about the Botanique Bartley, the latest addition to the city fringe, with connections to all of Singapore via MRT and modern roadways.
Botanique Bartley Description
UOL has a reputation that is unsurpassed which is why their September …
Read MoreHousing Prices Shoebox Units
Recent media reports have stated that despite the adjusted mortgage policy brought in by the government, November still saw a continuation of falling house prices in China and this spells good news for Botanique at Bartley.
A recent survey that was conducted by the National Bureau of Statistics which involved 70 major cities has shown that in 67 cities, the pricing of new homes that has been recorded month to month has shown a decline for last month.
A dip of 0.3% was seen in housing prices for Beijing, while Shanghai showed a 0.5% drop. This is less that the 1.3% and 0.7% dip that was recorded for October of 2014.
Botanique Bartley Housing Prices
Looking at figures for second home prices including Botanique at Bartley, 58 of the 70 cities used for the report have reported a drop in prices for November, which is down from October’s figure of …
Read MoreCutting Back Housing Supply
Property consultants for Botanique at Bartley have noted that there has been a recent cutting back by the Ministry of National Development (MND) in proposed housing units’ total numbers that fall under their GLS Programme (Government Land Sales) for 2015’s first half. This comes amidst a slow moving residential market in Botanique at Bartley and the fact that between the latter half of 2014 into 2018 there is a very significant supply coming up of 78,402 units.
The government has made plans under this most recent exercise to release 6 confirmed list sites and 13 reserve list sites. These will bring in a total of 8,775 units; 7,765 private housing and 1,010 executive condominiums. To be more specific, on the confirmed list are 490 executive condo units and 2,530 private homes. The reserved list has 5,235 private homes and 520 executive condos.
Cutting back Housing Supply increase prices for Botanique
… Read MoreHDB Price Index
HDB has been working with a consultant from the National University of Singapore (NUS) Department of Real Estate to review the Resale Price Index (RPI) computation methodology, National Development Minister Khaw Boon Wan announced in a blog post today. The computation may affect Botanique at Bartley prices due to the fact how it is calculated.
The review has recently been completed, and HDB will be sharing more details soon.
Published every quarter, the RPI gives a general sense of price movements in the HDB resale market, and serves as a useful reference point for home buyers and sellers in their decision-making.
HDB Price Index Botanique Bartley
Mr Khaw said the HDB resale market has seen significant changes in recent years, and the current RPI may not adequately reflect the resale market.
Citing some examples, he said more newer flat models, including taller blocks, are being transacted in the resale market.…
Read MoreSingapore Firms buy Overseas Properties
With the stagnant state of affairs in the Singapore property market, rich businessman from Singapore are becoming the largest buyer in Asia for properties all over the world and this is only occurred in nine short months 2014.
The amount of business that Singapore real estate developers for Botanique Bartley has tripled to over US$2.32 billion as compared to the three quarters of 2013 as reported by RCA (Real Tengah Plantation Close EC Capital Analytics, a New York-based research firm that specializes in researching commercial properties).
More buyers looking at Botanique at Bartley
Purchases for Botanique Bartley are occurring all over the world such as CDL’s $279 million purchase of a single piece of property in Tokyo this last September. Manhattan saw the first ever acquisition by Keppel Land indicating that more such acquisitions would be in the offing in the future. The acquisition on Manhattan’s Upper East Side purchase …
Read MoreRenovation Works at Botanique Bartley
In a recent statement made by the LTA (Land Transport Authority). It was stated that the Tampines and Sengkang Bus Interchanges were to be expanded in order to add parking spaces for an additional 12 buses each. It was also pointed out that these expansions were to feature facilities for passenger boarding and alighting, offices, a canteen, staff lounge and a concourse area. Sales for Botanique at Bartley update is that homes prices in the city state register a decline as a result of shortage of prospective buyers currently in the market. In spite of this, many property analysts pointed that this does not suggest that the city state’s real estate property industry can’t be invested as quite a few presume that the property prices will increase over the long-term.
Renovation Works commences near Botanique at Bartley
While undergoing the expansion works, both interchanges will be operating …
Read MoreVacany Rates of Condos
Media reports are stating that the President of the Real Estate Developer’s Association of Singapore, Chia Boon Kuah, has pointed out that recent data from the Urban Redevelopment Authority (URA) has shown that the rate of vacancy for private homes stands at 7% for the 3rd Quarter of 2014. They further predict that this number could reach 10% as a result of the upcoming supply of 68,000 new units set for the next few years. This might spell bad news for Botanique Bartley as it is near the city fringe.
Vacany Rates of Private Homes in Botanique Bartley
During REDAS’ 55th anniversary, which was recently held at the Ritz-Carlton Millenia hotel, he shared his opinion that the industry is expecting persistent headwinds as the barrage of property market cooling measures continue to dampen sales on Botanique Bartley and take a bit out of buying sentiment. He feels that this looming …
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