Manip

This Executive Condominium site in Sumang Walk in Punggol fetched a whopping 17 bids at a state tender and The top bid of S$509.37 million works out to a record to S$583 per square foot per plot ratio (psf ppr). It came from a joint venture between City Developments’ fully owned subsidiary CDL Constellation and TID Residential.

This New Sumang Walk Executive Condominium is walking distance to Sumang & Nibong LRT Station which connect to Punggol MRT Station, serving the Punggol Bus Interchange and MRT North-East Line.

The Waterway Point is a short distance walk from this new development. Waterway Point is a four-storey retail and lifestyle hub located in the heart of Punggol, beside Punggol MRT/LRT station. It is the retail component of Watertown which offer a diverse range of retail, dining, entertainment and education offerings. Waterway Point will be the flagship waterfront leisure destination for Punggol’s residents and visitors from across the island. Nearby Punggol Plaza and Seletar Mall, Compass One also provide comprehensive shopping, dining and entertainment options.

It is also well-connected to other parts of Singapore via major arterial roads, Kallang-Paya Lebar Expressway (KPE) and Tampines Expressway (TPE), making the Central Business District and Orchard Road just a 25-minute drive away.

More than 10 primary schools are located within a 2-kilometre radius of the site, including the popular Mee Toh School and Horizon Primary School. Punggol Town will also be home to the Singapore Institute of Technology’s (SIT) new campus. SIT’s co-location with JTC’s business parks will facilitate the cross exchange of knowledge and collaboration among students, faculty and industry professionals.

Moreover, the Urban Redevelopment Authority has recently announced that Punggol will be Singapore’s first Digital District, integrating business and education, and driven by technology, social and urban innovation. This district will include sectors of the digital economy such as cyber security, artificial intelligence and Internet of Things (IoT) which will drive Singapore’s Smart Nation initiative.

Developer – City Developments Limited (CDL) is a leading global real estate operating company with a network spanning 100 locations in 28 countries and regions. Listed on the Singapore Exchange, the Group is one of the largest companies by market capitalisation. Its income-stable and geographically-diverse portfolio comprises residences, offices, hotels, serviced apartments, integrated developments and shopping malls.TID Residential Pte. Ltd. develops and sells residential homes. The company was incorporated in 2010 and is based in Singapore. TID Residential Pte. Ltd. operates as a subsidiary of Hong Leong Holdings Limited.

With the High demand but limited supply of executive condominium units, this Sumang Walk Executive condominium will be certainly another sell-out project.

Singapore has been voted by foreign expatriates as one of the top locations to migrate to in Asia. Singapore has always prided itself for having one of the best and strictest law enforcement regulations in the region, which is why one would hardly find protests or strikes taking place on the streets. The education system in Singapore has also successfully produced many young talents who have made their names in various international platforms. Geographically, its small size has made traveling easy and convenient. What’s more, its all year round warm climate is one of the key reasons why thousands of expatriates have decided to call Singapore home. However, besides getting acquainted with the benefits of selecting Singapore as the ideal country to live in, choosing the right type of Singapore houses has been a problem for many. In fact, many locals themselves find it difficult to choose the right type of house that suits them.

There are several features that you need to look into when choosing the right type of Singapore houses to buy or rent. Namely: its location, cost and accessibility.

Choosing a good location is important to ensure that it is close to your work place, children’s schools and amenities. Such location issues you wont find when buy Landed Property Serangoon Garden which is newly launched.

Properties closer it is to the Central Business District, the higher the expected rental or purchase cost of the house. Once you have found a location that you are comfortable with, you will then have to find out its cost, and whether or not it falls within your budget. Rental and purchase rates vary from location to location as well as the size and number of rooms the place has.

The more expensive Bungalows range from $8000 to $60,000 a month to rent, Terraced houses from $5000 to $25,000 a month, while the relatively cheaper apartments cost $2000 to $20,000 a month. Yet, if these prices are still too steep, one can always consider the more affordable Housing Development Board (HDB) flats to rent. They can start from as low as $800 to $1000 per month. So, depending on your budget, the location as well as the property’s condition, you should be able to find the type of housing you desire easily as there are many types available in Singapore today.

Many locals and foreigners favor private apartments such as Condominiums as they offer multiple facilities within the area. They range from tennis courts, bbq pits to 24-hour security services. These apartments are usually freehold but some have 99 or 999 year leaseholds.

If you have a bigger budget, do consider getting landed houses such as Bungalows or semi-detached houses. They offer greater privacy, larger space and more access to better amenities. However, if you are working within a tighter budget, getting a HDB flat may be the ideal choice for you. They are comparatively one of the cheapest options available, and are self-sufficient with supplementary amenities. They are usually located near prominent public transport systems, thus making traveling very convenient.

Lastly, you can also consider Executive Condominiums. They are smaller than private Condominiums but larger than the usual HDB flats. Executive Condominiums are usually sought after by young couples you are not able to afford the more expensive houses yet. There are many different types of houses available in Singapore today. Choosing the right type of Singapore houses will require identifying your preferred location, your budget as well as other possible contributing factors to find the one you like.