Hundred Palms Residences

Developer Hoi Hup Real estate conquer over 9 other rival developers for instance Nan Shan Group, Qingjian Real estate and CEL Development and were able to acquired this stretch of land in a mean of $331.2PSF PPR, also it was known the developer is presently building the Hundred Palms Residences Showflat in the exact site, that’s Yio Chu Kang now.

Public transportations serve Hundred Palms, as well as the CTE expressway is simply a short drive away. Furthermore, Kovan MRT is 1.6km along with a short five to ten minutes bus journey from the development.

Residents at Hundred Palms Residences will discover it appropriate to commute to the connectivity to MRTs, important roads and expressways, because of different regions of Singapore. Residents might also use buses to go to various parts of Singapore in addition to achieve Hougang MRT and Kovan MRT.

Hundred Palms Residences EC has entertainment and shopping amenities nearby. Hougang 1 may be the nearest shopping center at under .3km away next to the condominium. The mall, that is just renovated has beauty, clothing, health insurance and entertainment stores with anchor tenants including KFC, Fairprice and Sakae Sushi. Other malls comprise Hougang Eco-friendly Shopping Center, Greenwich V and Heartland Mall.

Hundred Palms Executive Condo

Hundred Palms Residences location can be found within 1 kilometer towards the esteemed Rosyth School, on Yio Chu Kang Road, in District 19. Ideally situated within the highly searched for after suburban areas in Singapore, Hundred Palms Residences EC is encircled by exuberant nature, high-ranking schools and lifestyle malls. Just a few minutes drive towards the KPE, it’s also well linked to various areas of the Singapore.

Hougang Hundred Palms

Also, the situated KPE offers residents travelling by personal vehicle quick access to other parts of Singapore. Residents could possibly get their groceries and essentials at Hougang 1, a brief a few minutes walk in the development. Inside a a few minutes drive, you might research other shopping options at Hougang Plaza, Hougang Mall, Hougang Eco-friendly Shopping Center and myVillage at Serangoon.

The 99-year leasehold site, released within the Confirmed Record inside the partner inside the 2015 Government physiques Land Sales plan, sits on 198,302 sq ft of property. Acquiring a plot ratio of two.8, the website features a maximum allowable gross floor a part of about 555,246 sq ft and could yield an believed 520 units.

Hundred Palms Residences EC is found in the center of three estates, Hougang, Buangkok and Kovan. Residents can relish the amenities in most these locations at Hundred Palms Residences EC. Also, Yio Chu Kang MRT is simply a brief a few minutes drive away along Yio Chu Kang Road.

Hundred Palms EC is flanked by esteemed schools, varying from Rosyth School and Bowen School to Secondary and Xin Min Primary. In addition, the Serangoon Junior College and Nanyang Polytechnic are generally a brief ten minutes drive from Hundred Palms Residences EC at Yio Chu Kang. Hundred Palms Residences EC is an ideal development for families with schooling kids.

Owners of new rental to use EZ-Link cards gain access to units, spend on services

Owners at an impending residential venture in Toa Payoh will be able to use their Ez-Link cards to enter the condominium and pay for certain services, following a first-of-its-kind collaboration between EZ-Link company and the condo’s developers.

Residents of Gem Residences will be able to use the cards — which have a higher security configuration — to access common areas, lifts and intercoms, EZ-Link said in a press release on Wednesday (May 18).

They can also pick up parcels delivered while they are out from smart lockers installed at the condominium, as the access cards will be registered to each homeowner.

The EZ-Link cards can be used to book and pay for services in the condo, such as car-rental, housekeeping, vending machines, said Mr Vincent Ong, managing partner of Evia Real Estate.

His company is developing Gem Residences together with Gamuda Berhad and Maxdin Pte Ltd.

There will be an EZ-Link top-up station within the condo, which is near Braddell MRT station and is scheduled to be ready for occupation in 2020.

Homeowners who want to use their EZ-Link cards to access their units can upgrade to a smart-door lock as well.

The EZ-Link residential access cards are possible due to a breakthrough in secure encryption technology, said Mr Lim Boon Seng, managing director of MQuest, which will design the cards for Gem Residences.

MQuest is also EZ-Link’s authorised smart card access vendor.

Unlike the existing EZ-Link cards now in use, the Gem Residences cards will have a higher level of encryption that prevents them from being cloned.

The cards will have a dedicated memory space to store security information for door lock and access. Compared to other access card technology, the Gem Residences card will require secure authentication before access is granted, increasing the security level of door access, said Mr Lim.

The security information is also encrypted before it is written into the EZ-Link card as an additional security measure.

Since each card will be registered to a household, it can be disabled if the owner loses the card.

Similar to existing EZ-Link card technology, data can be tracked when a card is used, and the information will be made available to homeowners for cards registered under their unit upon request, Mr Ong said.

The cards can also be programmed to allow admission to specific gates at certain times. Like a resident in town could allow for a housekeeper access to her / his unit solely between 8am and 10am, Mr Ong added.

The developers trust the EZ-Link key memory cards will bring more significant convenience pertaining to residents.

“Right now, a lot more too many memory cards in their billfold for an absence of services, consequently we sought one playing card that contains most services, ” said Mister Ong.

MQuest and EZ-Link are future other domestic developers, resort hotels and professional areas to implement the EZ-Link proximity card access in different developments, reported Mr Lim.

Spring new privately owned home revenue down 10. 6%

Following surging to a eight-month loaded with March, developers’ sales of private homes eased last month. What piqued the majority of analysts, still is the broad-based demand for existing projects rather than the take-up for first time launches with April.

City Redevelopment Guru data revealed on Tuesday showed the fact that developers seen buyers just for 745 individual homes this last year, down 6. 6 percent from 843 units for March this and some 36. a pair of per cent drop from you, 167 packages in Spring last year. The March amount had resulted in talk connected with an improvement for sentiment.

Web developers also bought 546 govt condo (EC) units this last year, higher than the 485 packages in the previous month and 126 units on the year-ago time. “ECs may very well be back in chic, with more owner-occupiers turning to the hybrid lodging form with regard to affordability and a lot more spacious packages, ” talked about ERA Real estate Network’s key element executive police Eugene Lim.

Two different EC undertakings were announced last month — The Visionaire and Enceinte Life, inside the Sembawang area. Qingjian Realty bought 154 packages at The Visionaire at some median amount of S$821 psf, whereas a Frasers Centrepoint-Keong Hong joint venture went 51 packages at Enceinte Life EC.

In the individual housing area, a cartouche led by just Sustained Get launched Sturdee Residences on the Jalan Gede locale this last year and bought 126 packages at some S$1, 620 psf n average price. Minor units built a significant the amount of sales and profits in the work.

About 47 per cent belonging to the sales happen to be attributable to packages of 4-twenty sq legs. This really helped to lower the sale selling prices, which ranged from S$672, 000 to S$755, 600 for these minor units.

Web developers found clients for 619 private homes in existing projects for April 2016 – ” up ” from 541 units for March 2016 and 418 units for April 2015. In the EC market, web developers sold 341 units with existing assignments last month – again a noticable difference from the 193 units in the last month and 126 products in 04 last year.

Demand was much more evenly distributed in 04 2016 compared to the month-on-month and year-on-year periods – and this could possibly indicate a small pick-up with sentiment.

Between existing privately owned condos in the marketplace, Botanique in Bartley observed 52 products being sold simply by its designer, UOL, a month ago at your median selling price of S$1, 297 psf – acquiring total revenue in the job to 713 units. UOL has released 750 of Botanique at Bartley’s 797 products.

Among EC projects currently on the market, The Vales, The Amore, The Terrace, The Brownstone and Sol Miles saw concerning 26 products and fifty one units every single being sold simply by their individual developers with April 2016.

The 04 sales amounts show that underlying demand is still solid for existing projects, explained an expert.

Agreeing, one more said that industry has torque and demand is chugging along properly, despite each of the headwinds including the property chilling measures and a decline economy.

This month, with the predicted launch of Stars of Kovan and Gem Homes, overall developers’ sale quantities may always remain buoyant.

Sales bookings are scheduled to begin on May 21 to get Stars of Kovan, and May 28 for Treasure Residences, which is along Lorong 5 Toa Payoh. The indicative costs for mid-floor units on the 38-storey Treasure Residences is just about S$1, 480 psf, BT understands. TIME Realty Network’s key exec officer Eugene Lim observed that additionally slated to get launch afterwards in the year will be two EC projects, Northwave along Woodlands Avenue 12/Woodlands View, and Treasure Crest along Anchorvale Crescent.

The release of May possibly and August data provides a better indication of whether there is additional weakening of demand.

4 new individual home sales and profits down 6. 6%

Just after surging in an eight-month considered of high March, developers’ sales of personal homes eased last month. Everything that piqued a good number of analysts, yet , is the broad-based demand for existing projects instead of the take-up for brand spanking new launches for April.

Village Redevelopment Guru data revealed on Tuesday showed the fact that developers seen buyers just for 745 individual homes this last year, down 6. 6 percent from 843 units for March this and some 36. a pair of per cent drop from you, 167 packages in Spring last year. The March amount had resulted in talk connected with an improvement for sentiment.

Web developers also bought 546 govt condo (EC) units this last year, higher than the 485 packages in the previous month and 126 units on the year-ago time. “ECs may very well be back in chic, with more owner-occupiers turning to the hybrid lodging form with regard to affordability and a lot more spacious packages, ” talked about ERA Real estate Network’s key element executive police Eugene Lim.

Two brand-new EC assignments were introduced last month – The Visionaire and Cl?ture Life, throughout the the Sembawang area. Qingjian Realty marketed 154 products at The Visionaire at your median selling price of S$821 psf, although a Frasers Centrepoint-Keong Hong joint venture shifted 51 products at Cl?ture Life EC.

In the privately owned housing portion, a holding led simply by Sustained Terrain launched Sturdee Residences from the Jalan Tinggi locale a month ago and marketed 126 products at your S$1, 620 psf average price. Tiny units constructed a significant portion of revenue in the job.

About forty-four per cent in the sales will be attributable to products of four twenty sq feet. This helped to lower the absolute sale rates, which ranged from S$672, 000 to S$755, 500 for these tiny units.

Designers found customers for 619 private homes in existing projects with April 2016 – up from 541 units with March 2016 and 418 units with April 2015. In the EC market, designers sold 341 units with existing assignments last month – again a noticable difference from the 193 units in the last month and 126 products in 04 last year.

Demand was much more evenly distributed in 04 2016 compared to the month-on-month and year-on-year periods – and this could possibly indicate a small pick-up with sentiment.

Between existing privately owned condos in the marketplace, Botanique in Bartley observed 52 products being sold simply by its designer, UOL, a month ago at your median selling price of S$1, 297 psf – acquiring total revenue in the job to 713 units. UOL has released 750 of Botanique at Bartley’s 797 products.

Among EC projects currently on the market, The Vales, The Amore, The Terrace, The Brownstone and Sol Miles saw concerning 26 products and fifty one units every single being sold simply by their individual developers with April 2016.

The 04 sales amounts show that underlying demand is still solid for existing projects, explained an expert.

Agreeing, one more said that industry has torque and demand is chugging along properly, despite each of the headwinds including the property chilling measures and a decline economy.

This month, with the predicted launch of Stars of Kovan and Gem Homes, overall developers’ sale quantities may always remain buoyant.

Sales bookings are scheduled to begin on May 21 to get Stars of Kovan, and May 28 for Treasure Residences, which is along Lorong 5 Toa Payoh. The indicative costs for mid-floor units on the 38-storey Treasure Residences is just about S$1, 480 psf, BT understands. TIME Realty Network’s key govt officer Eugene Lim known that as well slated meant for launch soon after in the year happen to be two EC projects, Northwave along Woodlands Avenue 12/Woodlands View, and Treasure Reputation along Anchorvale Crescent.

The discharge of Can and April data will give a simpler indication of whether or not there is additionally weakening of demand.

Much more go for HDB Lease Buyback Scheme

Once learning the fact that his deliver the results contract wouldn’t normally be brand new next year, 68-year-old security officer Abdul Rahman Kemat and his girl decided to promote part of the let out on their four-room flat to shop for passive money.

The few, who had 80 years left side on their let out, sold forty six years into the Lodging Board for $144, 000 earlier this.

Of this some, about $119, 000 progressed towards ordering Central Prepared Fund Lifestyle plans, which inturn provide the few with a matched monthly transaction of $1, 000.

“It would be tricky for me to see a new task at my years, ” says Mr Abdul Rahman, exactly who lives in Jurong West. “We wanted to make it happen so that we could actually get a continual monthly free. ”

His 64-year-old girl, Madam Samah Saat, may well be a school canteen helper, creating about 50 dollar a day. There’re among you, 506 properties who have absorbed the HDB’s Lease Buyback Scheme mainly because was brought in in Goal 2009.

The scheme let me elderly washboard owners promote part of most of their lease into the HDB for pensionable income.

Is among the updated a couple of times, including for April in ’09, when it was expanded to increase four-room condominiums. This allowed the plan to cover three-quarters of older HDB homeowners, compared to thirty five per cent recently.

The month to month household cash flow ceiling to look at part from the scheme was raised twice: via $3, 000 to $10,50, 000, and after that to $12, 000.

In addition , flat owners can now pick the length of lease contract to be stored, from 15 to more than 30 years, as long as that covers the youngest owner until the regarding 95. Recently, the only alternative was to preserve 30 years in the lease.

A few 541 homeowners took up the scheme concerning April this past year and Drive this year. Of such, 233 homeowners live in four-room flats. Practically half, or maybe 261 homeowners, chose to preserve a lease contract length apart from 30 years. About 5 %, or 28 households, got a monthly cash flow exceeding $3, 000.

It will take about three weeks to complete a software for the scheme, which include financial talk therapy to ensure that people make an knowledgeable decision, the HDB explained.

Retired tech Yap Kok Seong, 66, and his partner took up the scheme this coming year. They marketed 53 in the 83 years left particular flat lease contract back to the HDB to get $195, 000.

The couple, who are in a four- room smooth in Taman Jurong, at the moment receive about $400 every single in month to month payouts.

“We are not intending to pass down the smooth to our two daughters – they already have their particular houses, inches said Mister Yap, who have intends to work with some of the remains to travel.

“We have worked to get so many years, it’s moment for us to wind down. My wife would like to visit her relatives with Hainan. I would really like to see Hong Kong and Macau. “

What keeping consumers away from retail malls in Singapore

Absolutely nothing says more about the state of Singapore’s retail industry than extends of shuttered shops and hoarding in otherwise high end malls inside the heart from the downtown buying belt. The problem may not appear as terrible in buying centres inside the heartlands, although the buzz much more around meals and drink joints, or perhaps from commuter traffic to and from the teaches.

Yet, the indegent retail message is no newly released phenomenon; the industry has always been in the blues for some years, driven by using a host of things. For a while at this moment, high rental prices, especially in the utnost Orchard Way area, and manpower difficulties have made performing a shop the downtown area a bit of a test. The drop in footfall of late — amid weaker consumer and economic message, and good competition right from various information – own turned protecting a brick-and-mortar retail online business into potentially something associated with a feat just for only include those with strong controlling mental, power and both financial. As a result the within retail in your rental property rates on the downtown shopping malls of late. Just for the small venture retailer in city – and in some cases for some belonging to the mid-size dining establishments – there does exist enormous competitiveness. If it’s luckily enough not to own another retail store plying similar or the same products two units at bay or and incapacitated above, certainly, there surely is usually tussle intended for the retail dollar via malls from the suburbs, many of which include more or less a similar mix of common brands and products. Rather than least, buyers have gone on the web – finding not only from your likes of Amazon intended for products unavailable in Singapore, but in truth buying and selling, actually bartering, by way of local websites.

A paradigm shift for shopping is certainly underway, which inturn calls for something different in approach by vendors and supermarket operators responding. It’s distinct that web mobile “stores” mark the excitement, and business men who will always be keen to grasp a brick-and-mortar presence could add a home-based arm, or simply in fact build the business with regards to the e-store. The physical buy would work as the place where prospects can go look through and impression samples, after which it collect the wares bought online. Truly, various brandnames are already right into this supposed “omni-channel” going – which inturn incidentally has already been prevalent extremely popular pre-Internet many decades, in the form of listing and ship order looking, popularised by just pioneers that include American fashion companies R L Pulses and Lands’ End.

Own part, real estate developers and mall affiliates, particularly the investor trusts (Reits), must do most of their bit to boost the retail experience inside their mall and make it your recurring destination for customers. Even though the suburban department stores generally appeal to the heartland masses all the things in the family members, others, such as some of the superior ones town center, are targeted at particular sectors – buyers for high end designer makes, or outdoor/sports gear, as an example – that gives scope intended for special activities to attract the targeted traffic.