Terms and Conditions

This 99-year leasehold plot with a land area of 227,221 square feet (sqft) comes with a gross plot ratio of 4.2 which gives it a maximum permissible gross floor area (GFA) of 954,327 sqft. This can yield approximately 1,110 private residential homes.

S$1 billion tender for a new site near Queenstown MRT Station sets the record for Government Land Sales (GLS) programme residential tender.The Stirling Road land parcel was on the GLS programme Reserve List in Mar, 2010. It was finally launched for public tender in April 2017.This 99-year leasehold plot with a land area of 227,221 square feet (sqft) comes with a gross plot ratio of 4.2 which gives it a maximum permissible gross floor area (GFA) of 954,327 sqft. This can yield approximately 1,110 private residential homes.

This 99-year leasehold plot with a land area of 227,221 square feet (sqft) comes with a gross plot ratio of 4.2 which gives it a maximum permissible gross floor area (GFA) of 954,327 sqft. This can yield approximately 1,110 private residential homes.

Nanshan has already been taking part in the Singapore property market recent public tenders but it is Logan’s maiden entry into our local property scene. A recent new condo launch, Thomson Impressions is by Nanshan Group. The combined bid of Nanshan and Logan at S$1,050.71 psf ppr is 8.3% than the next highest ranking bid of S$970 psf ppr from MCL Land. MCL Land had won a bid for the Margaret Drive site located in the vicinity at S$998 psf ppr in Dec 2017.

Home buyers and shrewd investors took positions to avoid any risk of a V-shape recovery. While some still believe prices will dip further, those who entered the market took advantage of the generally lower prices. Perhaps these really are the savvy lots. Their rationale is – while the possibility of a 3 to 5 percentage points reduction seems possible, the reverse direction is also not impossible; and perhaps at higher percentage points! Even if prices do eventually hit south, the saving would be negligible if the purchase were to be amortized over 5 years, or more. It certainly makes more business sense to secure a preferred unit than hoping for that penny saving! Smart thinking, I must say.

Buying a new launch condo in Singapore is a big-ticket item. It is thus important that that you are armed with the most comprehensive and updated information on the new launches available. With the large selection of Singapore condos, it can be confusing to pick the new condo that gives you best value for money. Does the new condo Singapore launch fit your requirements in terms of location, convenience, prestige, potential future capital gain and/or rental yields? Sharp-suited estate agents naturally promote aggressively the new Singapore condo that they are marketing. Buying a new launch condo in Singapore is a big-ticket item. It is thus important that that you are armed with the most comprehensive and updated information on the new launches available. With the large selection of Singapore condos, it can be confusing to pick the new condo that gives you best value for money. Does the new condo Singapore launch fit your requirements in terms of location, convenience, prestige, potential future capital gain and/or rental yields? Sharp-suited estate agents naturally promote aggressively the new Singapore condo that they are marketing.

Nanshan has already been taking part in the Singapore property market recent public tenders but it is Logan’s maiden entry into our local property scene. A recent new condo launch, Thomson Impressions is by Nanshan Group. The combined bid of Nanshan and Logan at S$1,050.71 psf ppr is 8.3% than the next highest ranking bid of S$970 psf ppr from MCL Land. MCL Land had won a bid for the Margaret Drive site located in the vicinity at S$998 psf ppr in Dec 2017.

Current price of a suburban new condo unit is $1,200,000. Assuming a dip of 5% happens 6 months later, ie a difference of $60,000. That’s perhaps the price of a second-hand Japanese mid-size saloon, not small indeed. However, if this amount were to be translated into the progressive payment mode, it would make a difference of $3,000 in the 5% down payment; and $9,000 in the next 15%. The remaining $48,000 would then be amortized over the loan repayment tenure, say 25 years. Let’s just say that the impact is pretty inconsequential!


We love to help you

With so many different and exciting new condo launches in the Singapore property market, it will not be easy for you to decide which new launch condo is suitable for your purchase. Allow us to help you assess your finances, plan your priorities and determine your best options. Thereafter, we will go and view the list of developments that you have shortlisted.

Make an appointment with us today by filling in the form and we will contact you very soon.

HOTLINE: +65 6100 2500

EMAIL: newcondolaunchonline@gmail.com

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