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.
MCL Jurong West Site Condo Lake Grande
In addition, land prices dropped in some of the industrial government land tenders. A clear example is that of Tampines Industrial Drive that faced a downward trend of 18 percent in a span of 6 months (January-July).
Lots of HDB upgraders, or single men and women plus new newlyweds searching for their very own 1st dwellings. The Total Debt Servicing Ratio (TDSR) framework has just sealed the lid tighter on liquidity plus managed to make it so much more difficult for HDB upgraders to buy an exclusive home , much less new couples wannabe to join the fray by bypassing the HDB route for Jurong MCL Land Condo.
Rents for HDB residences are expected to stay less than ideal for the rest of the year, on the back of sluggish demand and rising supply of flats, claimed real estate property analysts and announced in the news. Notably, real estate data reveal that HDB rents slipped 2.3% since early 2014, reaching a three-year low in Aug with the median rent payments at $2,400. Real estate analysts questioned observe that this may simply the start of an extended slowdown in the Jurong West real estate market.
Along at the introduction of North Point Exhibition, Group Chief executive officer of Frasers Centrepoint Lim Ee Seng said, “Occupants at Northpark Residences won’t only get to take advantage of the lifestyle alternatives as well as terrific convenience that Northpoint City boasts, they may on top of that make use of what currently Nee Soon offers. Some examples are reputable institutions near Jurong MCL Condo, recently enhanced theme parks, superior healthcare establishments as well as an plentiful of family clubs and conveniences. Under HDB’s Remaking Our Heartland initiatives commenced to further improve the day-to-day lives of aging seniors citizens for Jurong MCL Land Street 41 Condo, Yishun has been earmarked among the neighborhoods having a number of transformations to raise the living environment of residents.
The following sectors have been noted to have the biggest reduction of industrial DC rates. This is probably the biggest reduction in industrial DC rates.