Royalville in Bukit Timah Road Going En-Bloc

Constructed in the 1980s, Royalville includes 93 flats and 11 stores.

The en bloc frenzy proceeds after Royalville in Bukit Timah Road became the newest project to be set up for sale on Thursday (12 October).

The freehold condo in District 10 joins a growing set of aging properties in prime districts which are trying their luck at a collective deal. Including Cairnhill Mansions along Cairnhill Road that has an indicative cost of $362 million, and Tai Wah Building along Killiney Road at $81 million. According to Property Guru, Twin Vew Condo will be also be launched at West Coast Vale.

Built in the 1980s, Royalville includes 93 flats and 11 stores and sits on a sprawling website measuring 174,176 sq ft.

The owners are requesting for $368 million, which turns out to a land rate of $1,509 psf per plot ratio. No development fee is payable.

“There hasn’t been any freehold site of the size available for sale in Bukit Timah at the previous 10 decades,” explained Swee Shou Fern, senior manager, investment advisory in advertising representative Edmund Tie & Co..

The bureau anticipates keen interest to the home, together with the thriving programmer inclined to redevelop the website into a luxury condo of around 323 units.

Royalville is a Brief stroll from Sixth Avenue MRT station, and is also near to shops and eateries in The Grand Stand, Holland Village and Dempsey Hill.

The upcoming job will attract families as many schools are from the area including Raffles Girls’ Primary School, Hwa Chong Institution and National Junior College.

Why Hundred Palms Will Outshine The Other ECs

When compared with other ECs most of which are situated in the rural parts of Singapore, the development is well positioned in an established precinct. The convenience of public transport connection in the region empower residents to reach their desired destinations without much hassle. Hougang or Kovan MRT stations are a short bus ride away. With the MRT’s complex network system, residents can easily zip into town or the remaining portion of the isle.

At Hundred Palms Residences, you’re never far from popular eateries and shopping malls. Hougang One is just a few minutes’ walk away. Residents looking to unwind over lifestyle indulgence you can really do so at Hougang Plaza, Greenwich V, Heartland Mall, myVillage at Serangoon Garden, Hougang Mall, Hougang Green Shopping Centre as well as The Midtown. Chomp Chomp Food Centre, Serangoon Garden Market and Food Centre and Hougang Street 21 Market And Food Centre aren’t so far away.

Hundred Palms at YCK really near

Being close to amenities, you can enjoy resort dwelling in the development. The EC comes with an all-inclusive selection of unique and luxury facilities. Pamper yourself be a fine collection of lifestyle facilities that include playground, pool deck, swimming pool, gymnasium, BBQ and more. Beat and take a dip in your pool of choice. By increasing your level of fitness in the gymnasium, appreciate a healthy active lifestyle. Sports enthusiast will appreciate conveniences like Serangoon Stadium, Serangoon Gardens Country Club, Kovan Sports Center and Hougang Sports Hall.

Families with school-going kids can anticipate a host of educational institutes in the area. Prestigious Rosyth School is located within 1 km from Hundred Palms Dwellings Condo. Hougang Primary & Secondary School, Xinmin Primary & Secondary School, Montfort Junior School & Secondary School, Bowen Secondary School, Serangoon Garden Secondary School, Serangoon Junior College and Nanyang Polytechnic are all located in the neighbourhood.

Location wise, Hundred Palms considered a premium one

Hundred Palms Residences EC is a good choice for the prospective homeowners looking to own their first house or upgrade from their existing HDB flat. Potential buyers can appreciate a subsidised private lifestyle living that is residential. Executive condos are usually priced at a lower quantum than private condo, leading to a lower price on dollar foot basis. Joining the very best of value and aesthetics, ECs seem set to be a choice purchase for property buyers.

Insights On How To Locate The Greatest Properties In Your Area

Know all the details about a rental property before you purchase. Make sure that you make the best decision about a property that’s for sale by acquiring all the knowledge that you can. Study the information below and allow it to assist you in making your property purchasing experience successful instead of a nightmare. Go through the accompanying strategies as soon as you are prepared to make a property purchase.

When you decide to buy a rental property, know very well what you’re getting yourself into. Even though there is money to be made, there is far work and risk required. Furthermore, you need to factor in unexpected costs such as plumbing issues or repairs – without a landlord to fall back on, these costs can pile up. For this reason, you need to have rainy day money set aside to pay for those items.

Making significant purchases or moving your money around three to six months before buying new rental property isn’t an excellent idea. You need to avoid taking any large risks with your credit. A bank wishes to feel comfortable that you can handle a big loan. Starting new credit cards, having too much debt or buying many expensive items can lead to difficult loan approvals.

A buyer who is pre-qualified and a buyer who is pre-approved for loans are two different cases. Getting pre-qualified for a loan is something anyone at all can do. Pre-approval is any time a loan company has examined your financial situation and has given you information on what you are in the position to afford and how much you can borrow. You’ll save much time and hassle examining properties you cannot afford to purchase when you’re pre-approved for a real estate loan.

First time home purchasers are often surprised at how much their closing costs add up to. You should never forget to address closing costs when settling on your rental property. Title, original lending institution charges and settlement charges and taxes are a few things that ought to be included with the final closing costs. Find the average closing costs in the property location by checking out an annual closing cost survey.

The obsession of endeavoring to determine the very best time to buy isn’t something you should entangle yourself with. When it involves endeavoring to guess the right market condition it is impossible. Finding the perfect rental property and price will always be the very best time for you to buy. Real estate is cyclical, with prices fluctuating up and down and up again.

Winning Ideas For Real Estate Investing Hopefuls

It may seem very glamorous to be a real estate investor. People are drawn to stories of people buying foreclosures and making a profit flipping them. There are a wide variety of tv shows and blogs dedicated to property renovations. But, the fact is that real estate investing is tough, and is nowhere near as easy as it is shown to be on television. You have to know what you’re doing, and these tips can help you.

Make sure that you set realistic goals based on the budget that you have. You should not set a goal to buy ten houses in the span of a month if you only have a hundred thousand dollars to your name. Set reasonable expectations to avoid setbacks at all costs.

It is very important that you take the time to understand how the real estate market works. As a result, it might be necessary to give up a few of life’s “luxuries.” Give up a couple of pastimes so that you can be the best possible investor.

When you invest in real estate, you may want to make sure you’re in an area that you really can live in. You don’t want to get real estate just to find out that you don’t like the area because then you’re going to have to own that property and won’t get much use out of it until you can sell it.

When you wanna to invest in new properties like RV Altitude, you must remember to visit the showflat so that you can get a better idea of the site plan and floor plans as the under construction properties might not be so accurate. You can visit the upcoming showflat here: https://www.rv-altitude.sg/showflat

Try to look for investment properties that will become more valuable over time. A lot by water or right in a business district, for example, will most likely mean more to you in the future. Understand that the price will fluctuate based on the work that you put into the property.

Stay away from deals that are too good to be true, especially with investors that you cannot trust or do not have a good reputation. It is important to stick with those who have a good reputation because getting ripped off in this business can cost you a lot of money.

When investing in residential real estate, make sure you know the neighborhood you are buying in. Some neighborhoods offer better resale potential, while others are better for long or short term rentals. By knowing your neighborhood, you can create a smart business plan that nets you the highest potential for future profits.

Beware of buying single-family homes in a neighborhood that is full of rental property. Typically, a rental neighborhood is not a desirable location for buyers who want to raise a family. The value of single-family homes in this type of neighborhood will not likely go up very much because of their location.

If you are planning to buy a property in a particular city, learn about the government in that area. There is usually a website that is officially created for a particular city. Look for city planning details. This will give you an idea of whether your property investment will pay off. A growing city would be a good investment.

Always consider the market if you are looking to buy property to turn around and resell it. It can be risky to invest in a market that is flooded with available properties. You don’t want to be stuck with something that you have to sell at little or no profit. Understand that you may have to wait to get the best price so make sure you can do that.

One of the biggest mistakes people make is by investing in real estate that is out of their means. Make sure any rental property you own is making enough to meet the mortgage and maintain it, even when there are vacancies. Your prospected rental income should certainly exceed your mortgage.

Don’t expect to get rich overnight in real estate investment. On the contrary, it may take up to a decade for your investments to really pay off and many new to the business fail to realize this. With some exceptions, you need to be in the position to hold your properties before seeing any major profits.

There is a science to investing in real estate, it is not all feelings. Work with facts and use the advice gleaned from this piece. Make informed decisions, strengthen your resolve, and you’ll soon be making great investments.