Singapore 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 …

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Renovation 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 …

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Vacany 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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Condo Transactions Singapore

A report by property advisors, DTZ has stated that the 3rd Quarter of 2014 saw 2,722 private home transactions such as Botanique at Bartley, as well as 22%, or 606 units, being purchased at prices that ranged over the $2 million mark. Compared to the past 6 years, this figure is the record highest in proportions.
For the entirety of 2012 and 2013 the median purchase proportion that was transacted was 16% in 2012, and 18% in 2013.

Private Property Transactions Falling

According to DTZ’s report on transacted private residential units’ price ranges, this quarter’s proportion increase is down to a higher figure of secondary market sales. In 2014’s 3rd Quarter there were 238 transactions of non-landed units in the secondary market for over $2 million in comparison to the primary market which saw 166 transactions taking place that were over $2 million per transaction.

Botanique at Bartley Condo Transactions

The lack of sales in

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Investing in Botanique at Bartley

According to both media reports and property consultant, Cushman & Wakefield, Singapore has come out as the 2nd most preferable outbound Asian destination for Chinese mainland investors. Especially so for those investors who have been forced to plant their funds in overseas money as a result of the sluggish real estate market they are facing in their homeland.
The property consultant also feels that adding to this current outflow of capital is an abundant source of fluidity amongst investors who are wealthy, developers, investment institutions along with the strong Chinese currency.

More looking to invest in Botanique at Bartley

Something to note is the infusion of $4.18 billion (US $3.23 billion) that the Chinese have dropped into the real estate market of Singapore during 2008 to June of 2014 and is now looking possibly at owning a condo in Botanique Bartley. 50% of this was spent on development sites in …

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Botanique Bartley Condo

In the recent Excellence on the Waterfront Awards ceremony, the award for the category of Plan Honor went to the Punggol Master Plan.
Bestowed by Botanique Bartley Waterfront Center, which is based in the US, the Excellence on the Waterfront Awards was created to recognize and award development work and quality designing on waterfronts.

Punggol Waterfront near Botanique at Bartley

According to the organizations website for Botanique Bartley, those who acted as jury for the event felt that the Master Plan Punggol set an example on how to deal with a complicated set of criteria in a very creative way for emerging world nations.
Under the Master Plan, Punggol will focus on seven housing districts on the waterfront that will each be distinctive and very unique in their own character and identity.

Unique Features seen at Botanique at Bartley

Waterfront Center at Botanique Bartley has stated that the plans for …

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Bartley Estate Transformation

Homeowners commuting in as well as out of Bidadari, and in addition within Bartley Town, will definitely benefit from the integrated transportation hub, including a direct shopping under pass connected towards Bartley MRT Station train station as well as additional carpark lots for Botanique Bartley. This is in effort by the local government to shore up Bidadari town in an effort to shore up the heritage of the place. There have been recent plans to reinvent the place to become a heritage place by the lcoal government as the city state has underwent much transformation in the past decade.

Bartley Estate Transformation at Botanique Bartley

Bidadari Botanique Bartley owners will probably be able to make use of the new selection of real estate alternatives as well as new amenities which include the Bidadari Promenade. The new houses will be launched to the public as the governing administration

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Botanique at Bartley Property Profits

Due to the slow property market in the city state, numerous buyers for Botanique at Bartley  who are on the affluent side are currently hunting all-around for luxurious properties currently under distress or are actually offered with volume discounts through the developers. This is because developers currently require need to pay for development charge if the units launched for sale are not sold after TOP. The development charges are significant and therefore developers will do whatever they can to sell their units. Real estate developers at this time are more open to discounts as they now have to pay for development expenses if units be left unsold after TOP.

Property Profits for Real Estate Investors

Because of their tenure of the piece of land, freehold condos are often more attractive to purchasers in the open-market as as compared to leasehold homes such as Botanique at Bartley even though

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Property Agents

The real estate selling prices in Singapore register a drop as a result of lack of potential buyers presently out there for Botanique Bartley. Even so, a lot of property analysts noted that this does not indicate that the local real estate property market is not an ideal place to purchase as quite a few are convinced that the real estate prices definitely will increase over the long term. In spite of this, picking a residence can certainly be a complicated process and below are a number of tips offered by homes specialists. To actually gain a market share in the ever smaller pie of the real estate market, there some some things that real estate agents can do in order to get more sales in Botanique Bartley.

Property Agents for Botanique at Bartley

First and also foremost, real estate agents for Botanique Bartley need

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Bartley Rental

The raising population in Singapore has resulted in the administration to incoporate planning efforts for brand new condo locations in the city state. One of these will be the future Bidadari town based right adjacent to Bartley MRT Station. Botanique at Bartley will be designed to be noticed as a restful & quiet everyday living to match the city’s history & plans to encompass lushes of greenery and variety of open public transportation will be planned in the property estate.

Bartley Condo Investment

The recent developer for Botanique at Bartley indicate new project sales remained flat month to month with 88 new homes, according to a recent review by DBS Bank, Singapore. At the same time, product sales at the new projects sales brought out in September slowed even more to just 5%. Buyers remain set back by the Total Debt to Service Ratio (TDSR)

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