Waterway Point Shopping Centre is in the Punggol area of Singapore and boasts some well-known stores among the retailers based there. The Waterway Point Shopping Centre was opened in January 2016 and is among the most modern shopping centres in the whole of Asia and not just Singapore. The brand new Waterway Point Shopping Centre near Treasure Crest features stunning architecture, the best stores in Singapore and has options for eating and entertainment besides offering unrivaled opportunities for retail therapy.

Treasure Crest EC Waterway Point

There are stores, stores, and yet more stores to attract shoppers from anywhere in Singapore, and tourists will find this shopping centre a fantastic place to go shopping. Should all that shopping and browsing in stores make you hungry or thirsty then there is a wide selection of cafes, coffee shops, fast food outlets, and fine dining restaurants to choose from. This shopping centre is not the only one in District 19, there are more malls close by. There are important business offices in the area too, so workers can take a break from their desks by going shopping at lunch, or buying a few things before going home.

Treasure Crest EC Punggol MRT Station

The great news for shoppers is that the Waterway Point Shopping Centre is quick and easy to get to via public transport from Treasure Crest Sengkang by Sim Lian. The Punggol MRT station is literally within a couple of hundred metres of the centre itself. There are another two MRT stations within a short walking distance, and several bus services stop by the centre as well. This means that there is no excuse for not shopping there on a regular basis.

If there are other things that you need to do instead of shopping that is not a problem. There are conference facilities available for important business meetings, a medical centre, a pharmacy, and gyms. Then there is the previously mentioned eating area and cinema.

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Landlords are now more open to new concepts regarding obtaining a limited established group of retailers due to the heightened competition in Cairnhill Nine Capitaland, which are concentrated on location or unique brand positioning.

Pontiac Land’s Millenia Walk has seen that the strategy of being able to attract activity driven tenants has certainly been very beneficial.

Double digit growth has been the yield for Millenia Walk during the past year for their rental conversions. There has been an increase in occupancy by over 20 percent and there is a planned target to reach over 95 percent occupancy for the Takashimaya Shopping Centre mall during the next year, according to the assistant manager for corporate communications at Cairnhill Nine, Orphelia Huang.

Cairnhill 9 Takashimaya Shopping Centre

Additionally, special F&B offerings have been brought in by Millenia Walk, which include the opening of Nihon Street where every Japanese food outlet already has the privilege of having a strong following. There has been more outreach to male purchasers by the offering of more brands. They will continue to cautiously curate their selection of Paragon Shopping Centre tenants by various planned strategies, as stated by Ms Huang.

In the diverse retail atmosphere near Cairnhill Nine, in the near term there are department franchises that seem likely to consolidate due to weakened retail sales, business costs at Ion Orchard that are high, along with constraints regarding manpower, an suggested by an analyst.

Cairnhill 9 Service Suites

Marks & Spencer closed their store at the Centrepoint, John Little decided to close the stores at Marina Square and Tiong Bahru and Metro had to close its store at Compass Point in the month of August and has reached the decision that it must close the outlet at Cairnhill Nine by the end of the year. Plans to close some of its retail stores come to Wing Tai, which sells such brands as G2000 and Topshop in Singapore.

Landlords are very aware of the fact that they have to refresh their mall offerings due to the Cairnhill Nine Condo retail environment that is proving most challenging.

Cairnhill Nine Condo

Tampine Mall’s level 5 open roof was currently converted to a new educational hub that comprises well known educational centres that include Yamaha Music School, Julia Gabriel Centre, Mind Champs and Stalford Learning Centre by Capita Land. It also has plans to redevelop Cairnhill Nine near Takashimaya Mall to become an integral development.

As part of an integrated development, malls then have the ability to tap into the existing abundance of residents, working professionals, along with business and leisure travellers, as explained by Teresa Teow who is the head of retail management in Singapore for CapitaLand. In order to be able to meet the needs of shoppers who use the mall as a one stop lifestyle destination, more F&B spaces will be allotted, which will increase from the rate of 19 percent for the past five years to now close to 22 percent.

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Even though many developers are complaining about an oversupply of Sturdee Road Condo property, it hasn’t stopped them from showing an appetite for residential plum development land that is robust.

A good example is a choice private housing site with a 99 year leasehold that is situated close to the NEX shopping outlet and Serangoon MRT station. This site has drawn eager competition with 11 bids. This is over the 7 bids that another site, located a mere stop away from Bartley MRT station, brought in at its January 2014 close of tender.

The Serangoon site’s highest bid of $710 psf ppr was made by a group that comprises Hong Leong Holdings in Sturdee Road SL Capital Condo, City Development Ltd and TID. This bid was also over the Bartley site’s top bid of $648 per square foot, per plot ratio.

The Bartley site in Sturdee Road Sustained Land Condo, which was snapped up by the UOL Group, is currently being developed into a condo project called the Botanique at Bartley.

Keen Interest in SL Capital Condo

One analyst pointed out that the site at Serangoon, which runs along Lorong Lew Lian, sits in a plum location and set-up, which explains the keen competition and the higher bid.

At the site’s close of tender recently in Sturdee Road Condo Farrer Road, OUL joined up with Singland Homes, a unit of Singapore Land, which made them the 2nd highest bidder, offering $692 per square foot, per plot ratio. This bid was 2.5% under the winning bid.

Coming in third was FCL Topaz, a unit of Frasers Centrepoint, who joined up with Sekisui House with an offer of $688 per square foot, per plot ratio.

A joint bid of $588 per square foot, per plot ratio made between Koh Brothers’ KBD Ventures and Episca Land, a unit of Tuan Sing, came in as the lowest bid for Farrer Road Condo Sturdee Road.

William Liem, chief executive for Tuan Sing, stated that the bids that were made at the sites tender were quite rational, with the high bid only being 21% over the lowest. He further pointed out that all of the bidders were within a range that was similar, with the only difference being their assumption on the selling price. He said that Tuan Sing’s joint bid was made under the assumption that the average sale price would be $1,200 per square foot, wit the highest bid possible assuming a sale price of $1,300 per square foot or more.

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The property is situated on close to 13,844 square feet of freehold land. North Point City, an upcoming integrated development with close to a thousand residential units by Frasers Centrepoint Homes, will certainly breathe a new lease of life in to the region together with other integrated developments in Singapore. The huge undertaking will include the number one shopping center in north the city state, a residential condo North Park Residences, the first Community Club to be situated at a shopping center, a roof-top neighbourhood back garden, and a new community plaza.

Potong Pasir Integrated Mix Development MCC Land

This property was is situated in Upper Serangoon View at Rio Vista and was a mortgagee sale that fetched $1.72 million. Examples include good educational institutions, recently upgraded parks, advanced professional medical facilities along with an plentiful of recreational clubs and conveniences. However, ERA agent Zola Tan observed demand is constantly hold up in fully developed estates and also those near MRT stations for Potong Pasir Integrated Mix Development MCC Land. Meanwhile, competition is anticipated to further increase as more suburban private properties are predicted to be ready next year, said Ong. The plot itself is set for use as a residentially zoned parcel with a restriction of The Poiz Residences MCC Land no more than two storeys for a landed semi-detached housing area.

The suggested pricing for this property was $15 million to $17 million. Before this sale was made, an auction sold property of $14.63 million had been the most expensive sale for 2015. At the introduction of North Point Exhibition, Group Chief executive officer of Frasers Centrepoint Lim Ee Seng said Under HDB’s Remaking Our Heartland initiatives begun prior to this, Yishun have been reserved among the residential areas having a number of transformations to boost the living environment of occupants. Any additional The Poiz Residences for rental also provides renters with a lot more choices to pick out from Potong Pasir Meyappa Chettiar MCC Land.

The Poiz Residences Potong Pasir MRT Condo

Another property that was sold at the same auction was a single level penthouse of 2,454 square feet that had a roof terrace. The sale was for a row of 5 shop-houses being sold by the owner and located in Upper Serangoon at Teck Chye Terrace for MCC Land Condo. At a recently held estate sale auction, a home located in Tanjong Katong was purchased for $16.3 million. This is the highest figure a property has drawn in at an auction for 2015. The worst-hit areas are the ones without easy-access to facilities, like trains and buses for MCC Land Condo.

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Recently finished houses for example Treelodge already consist of environment friendly benefits which include solar energy panels in addition to rain water cropping. MCC Tampines Avenue 10 Condo Real estate property analyst has realize that present-day property hunters in Geylang are enjoying massive because the current asking prices prices reveal that both landed and condominium prices in the vicinity comes with double digit increase during the last few years for MCC Land Tampines Tender.

MCC Land The Alps Residences

In Punggol new town, new housing blocks with an eco-friendly focus represent an innovative remarkable approach to quality housing. Young couples on the lookout for a property to make investments perhaps might not want to commit to Geylang as the location seems to have a unhealthy appeal regarding the sleazy discos combined with countless doubtful leisure outlets for Tender for Tampines Ave 10 MCC Land. In addition,historicalsearch reveals that this is not the 1st time that Cluny Hills has changed hands. It was sold previously for S $6.64 million in 2005, which reflects the rise in property values in the last 10 years in new condo in tampines. A choice piece of vacant 15,000 ft.² and a choice site of the Bungalow Area went for S $1425 per square foot.

The Alps Residences

Residents within the North-East part of Singapore already enjoy a wide variety of property possibilities, as well as conveniences close to homes. Brand new private and public real estate will probably be unveiled in offer better options for occupants, whilst emerging options and nearby services will be developed in the next few years to raise the quality of life for Tampines Avenue 10 east condo.

However, while the buying of the S$3 million-$4 million homes has declined. Properties valued at S$4 million and above are on the rise, as Chinese investors are looking for a place to offshore their money. This site also contains 3 areas of tree conservation. So not only is the property landed, but it is already forested as well, which makes it attractive for new home development in  MCC Tampines Avenue 10 Condo.

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In the year 2007, this period noted a great increase in sales of residential property which led to the careful watch of DC rates for the non-landed residential. This is because they would have had a great impact on all major transactions for Jurong West Condos.

A different argument indicated that there was very little impact on the change of MCL Jurong DC rates. The impact was more likely noted on the payment of tax from the Lake Grande developers from the addition of 10% floor area in private residential projects which goes to majorly balconies.

MCL Jurong West Street 41 Lake Grande Condo

It has been noted that there was a 2.7 per cent drop on the DC rates for industrial use which is the first drop in a while. However, it has been untouched through the previous three revisions. It was in Sept 2005 that there was a similar cut but at a higher rate of 4.5 per cent.

A market analyst indicates that the fall in the industrial DC rates will have a great impact on about 74 per cent of the 118 geographical sectors. It was in the year 2005 that a similar drop in the DC rate was noted with 97 per cent of the total 118 geographical sectors being affected. This was a total of 115 out of the 118 geographical sectors in Jurong West Street 41.

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On the subject of prevent people who do not require such an apartment from abusing the new scheme, it was suggested that a buyer be subjected to a means test, or bringing in a resale levy that was higher.

Professor Sing felt that abusing the scheme would not be an issue if a resale levy was put in place. However, when considering their application, the buyers needs must be prioritized over the amount of times they have purchased an Dundee Road Condo.

Dundee Road HY Realty Condo

The option for a new flat to come with furnishings for some buyers should also be an option, according to another consultant. Studio flats currently come with furnishings, like built in wardrobes. They also offer features, such as support bars, that are elderly friendly.

Studio flats are not allowed to be sold, unlike 2 room apartments, on the open market. Instead, they are to be returned to the Housing Development Board upon an owner giving them up. It is hoped by many experts that this new scheme will impose the same restrictions on shorter lease apartments for Dundee Road Condo HY Realty.

Mr. Lim of ERA pointed out that, if this is not done it could cause confusion and complication in the resale market. Also, for practical reasons, a market for such short term ease apartments won’t have a market.

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Revised guidelines under the Singapore Advertising Practice Code were revealed Monday 3rd August 2015. These have widened the regulations to cover overseas property, overseas investments and investment seminars.

As from Wednesday 12th August 2015, advertisements must abide by rigorous standards. Warnings, disclosures and qualifications must be used to ensure that members of the Public are properly alerted to potential risks of such undertakings. Those advertising such schemes must not make claims, designed to engender the impression that the investment is safe, carries a low risk, is risk free or that it can make quick, easy high profit with small or no risk for Upper Serangoon Kovan Condo.

Upper Serangoon Kovan Condo

One of the new guidelines states that advertisements for overseas investment property must state plainly and clearly exactly what investors are buying, for example an interest in the land building or a property unit within a building. Advertisements for overseas real estate must not mislead or exaggerate in regards to the property’s actual location, nature, legal title, or the developers’ financial assets. Advertisements for properties in the process of being developed in Kovan Upper Serangoon must state the numbers of the building permit or approval and the name and details of the authority which issued the document.

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It seems that there is a bleak outlook on Sentosa for home sales, even though elsewhere seems to be experiencing a growth in the demand for higher end homes, which includes District 4’s surrounding areas.

According to data provided by SRX Property for Pavilion at Potong Pasir, in the 2nd Quarter Keppel Bay’s Caribbean sold close to 10 units, a figure that was up the 1st Quarters 3 sold.

Going by lodged caveats, the primary market was 8 units being shifted at Keppel Bay’s Corals during the 3 month period to June 30th, a figure that was up from one in the 1st Quarter for Pavilion at Potong Pasir.

Pavilion at Potong Pasir

The Sentosa area really is the only place in Singapore where one can get this quality of assets so close to the sea and the central business district. One real estate salesperson believes that prices have fallen as far as they can go now and are not likely to fall further.

One example could be seen in the two units that were sold at Caribbean for an average figure of $1,456 per square foot last month, a figure that was much lower than the 5 units sold in June 2013 for an average of $1,648 per square foot.

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In recent months, RE/MAX, a real estate franchise firm, has branched out its business operations into Asia with the opening of offices in Japan, Mongolia and China.

The master franchise, RE/MAX China, had earlier sold its first franchise in the region, RE/MAX Beijing, to new owners Andy Gu and his wife Catia Kong. The couple opened up its first Beijing office in 2014 for Principal Garden UOL.

Not too long after this RE/MAX China sold RE/MAX Shenzhen, RE/MAX Shanghai and RE/MAX Guangzhou’s regional rights to Nathan Yang.

Principal Garden Prince Charles

This past February saw the selling of RE/MAX Mongolia’s master franchise to Bujinkham Bold and her husband Batbaatar Narantuya, who are principal directors that both are looking to bring professionalism to a real estate market that is largely unregulated for Prince Charles Crescent Condo.

Master franchise RE/MAX Japan had sold a second regional franchise just last month, RE/MAX Kansai. This was purchased by Kazuya Moto-oka, who is RE/MAX Osaka’s current owner. Moto-oka has said that he will carry on serving both of the regional franchises as owner, with the position of Chief Executive Officer being taken by Machiko Kotani. It is the goal of RE/MAX Kansai to continue supporting women by creating opportunities for them in Japan through the influence of the agent-centric business model of the company.

RE/MAX LLC’s Vice President of Global Operations, Larry Oberly, has stated that their top priority for developing internationally was to continue providing professional real estate services across the borders while revolutionizing each countries real estate industry at Prince Charles Crescent Condo.

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