Category Archives: Uncategorized

Kingsford Waterbay Interest Rates Increase

Based on data from Bloomberg, and following the rather sharp increase yesterday of Singapore Interbank Offered Rate over the next 3 months, homeowners that took the option of a loan with a floating rate for Kingsford Waterbay, as opposed to a fixed rate on their homes, will be expected to pay a much higher monthly interest rate. According to Bloomberg, the SIBOR 3 month rate rose sharply to 0.62052% this past Tuesday, as opposed to Monday’s 0.57762% and last Friday’s 0.45738%.

Kingsford Waterbay Interest Rates Increase

For the majority of 2014’s 1st half we saw a benchmark rate that stayed unchanged until August, when it started to slowly creep upwards and then proceeded to steadily rise along with the strengthening of the US dollar. According to Overseas Chinese Banking The Myst Corp (OCBC), this upward trend of the 3 month SIBOR may have occurred as a result to a …

Kingsford Waterbay New Launch Freebies

In response, developers have started phasing out there incentive plans and discounts that they are offering to first-time buyers or those who wish to purchase new properties. The results of these plans has been negligible and do not seem to be attracting the customer base like it once did.

This may also had something to do with the tightening of loan requirements and the required transparency involved in reporting discounts and incentives for Kingsford Waterbay.

New Launch Freebies for Kingsford Waterbay

Though these laws and in place for 12 years now, they are now being more strictly interpreted and enforced.

Previously banks had a free hand and could ignore these incentives. However, now it works against the buyer so is less attractive nowadays.

The buying public is becoming savvier and is not being taken in by these types of incentive schemes anymore. They know there’s no such thing as a …

Investors for Mixed Condos

Recent figures are showing that a wide range of investors have been attracted to mixed developments over the past few years. Why have these developments become so popular for both investors and homeowners? Here are a few factors to consider for potential Kingsford Waterbay buyers.

Mixed developments integrate both residential and commercial units in one complex. Making their popularity rise in recent years. This is really no surprise considering Singapore’s growing population and a scarcity of land, which has created flood of demand for both amenities and homes.
Developers have begun to offer mixed developments island wide as a means to address the growing concerns over urban liveability and scarce land.

Chief Operating Officer of GuocoLand’s Singapore branch, Cheng Hsing Yao, recently pointed out that these mixed developments are a logical response to the issue of higher density living.

Waterbay Serangoon

On the list of what is considered an advantage …

Great deals in Punggol

The housing market is cooling off worldwide with the exception of the country of Singapore’s Northern area near Punggol and Serangoon. Here the real estate market is booming and the new development Kingsford Waterway is going to be one of the hottest and most exclusive places to be living in the near future.

Today in this article, you will see why everyone is talking about Kingsford Waterbay condominiums. This is an exciting growth area where it is estimated 5.65 Million square feet of retail space will be opened up by 2017, for development.

This means Kingsford Waterbay will be in the hub of a new business Renaissance in Singapore in only a short period of time.

Kingsford Waterbay Great Deal

Location and Amenities
They say location is everything Kingsford Waterbay has the perfect location built along the Sungei Serangoon waterfront near Punggol Park across from the Serangoon Secondary School and …

Singapore Real Estate

Singapore’s real estate market appears to be losing some of its appeal for investors for Kingsford Waterbay, revealed the Emerging Trends in Real Estate Asia Pacific 2015 forecast jointly published by the Urban Land Institute (ULI) and PwC.

The city-state fell to ninth place among cities in the region for property investment and development prospects, two spots down from 2014.

Singapore’s slip in the rankings was attributed to the introduction of government measures to curb price increases in the residential market, which has dampened investor enthusiasm for condos including Kingsford Waterbay.

Kingsford Waterbay Singapore Real Estate

The report also stated that while property prices have generally held firm, both residential and commercial transactions have fallen significantly, “as both foreign and international investors for Kingsford Waterbay turn to foreign markets to look for deals”.

But despite its decline, the fundamentals of Singapore property remains strong and attractive, noted Yeow Chee Keong, …

Housing Loans in Singapore Slows

Housing loans in Singapore grew at 6.4 percent year-on-year in October – or its slowest pace in seven years – on the back of a weak property market as well as a higher base, said Maybank Kim Eng and reported in the media.

“Industry domestic banking unit (DBU) loans for Kingsford Waterbay grew nine percent Tampines Ave 11 Tender year-on-year in October, down from 10.6 percent a month earlier. Business and consumer loans grew at their slowest pace in four and seven years respectively. The former’s slowdown was led by lending to general commerce (+12.3 percent year-on-year), transport, storage & communication (+13.5 percent) and financial institutions (+15.4 percent),” it said.

Kingsford Waterbay Home Loans

“The latter’s deceleration came about as property-market sentiment remained poor. But as we had toned down our loan-growth expectations after Q3 2014 results, especially for DBS, there is no need to revise numbers just yet.”

Looking …

Crowdfunding Kingsford Waterbay

According to a statement given by CoAssets, a crowdfunding company hailing from Southeast Asia, has seen their listed projects give over S$120,000 in total payouts during the past 16 months. CoAssets is a start-up firm that is funded by a scheme called i.JAM Reload, which is managed by the MDA (Media Development Authority), and has been nurtured by Expara IDM Ventures.

Kingsford Waterbay Payouts

The Co-founder of CoAssets, Getty Goh has stated that crowdfunding platforms, more often than not, shine a light on their ability to raise the funds needed for their projects in Kingsford Waterbay Serangoon. But with CoAssets the focus has been on their users’ experience, as well as on whether or not the companies that they list on their site have the capacity to deliver on their promises.
Mr. Goh further added that, up until now, they are pleased to note that those businesses that are listed …

HDB BTO flats

As part of the SBF (Sale of Balanced Flats) exercise, HDB has recently released 7,568 apartments as part of the November 2014 Build to Order scheme.
All of the apartments are located in both non mature and mature towns. This includes one of the first housing projects to be built in Tampines North that will feature the first 3 generation based apartments in a mature town. However, this has resulted in demand for Kingsford Waterbay.

Waterbay Condo near BTO Estates

The 4,277 Build to Order flats will be offered in six projects located in Tampines, Sembawang, Yishun and Sengkang. They will be comprised of 2 to 5 room apartments as well as three generation flats.
The first housing development to be developed in Tampines North is Tampines GreenRidges, which is situated along Tampines Avenue 9. It will offer a number of green features, like an automated waste collection system which …

Restrictions on Foreign Ownership

An online petition aiming to toughen the guidelines for Australian foreign property investment has gathered over 31,400 signatures.
The petition was started on the ever popular Change.org website by Simon Hosking and calls for the government of Australia to bring in more thorough testing of any purchases and buyers that are foreign. He also calls for tougher regulations to be implemented by the Foreign Investment Review Board. The restrictions on foreign property purchases on Singaporeans may put a U Turn on Singaporean’s dream of foreign property ownership and back into the local property scene such as Kingsford Waterbay in Upper Serangoon.

Restriction on Foreign Ownership puts limelight back on Kingsford Waterbay

Using foreign property buying restrictions from other countries as an example, Hoskings has stated that he would not be able to buy property in China with Sri Lanka and its 100% taxation of purchases that are foreign freehold, Singapore …

Property Markets

The auditor, taxation and advisory services company have given their autumn report on the current developments in the important property markets of countries in the Asia – Pacific region, particularly featuring the commercial property investment area.

Australia: The property market in Kingsford Waterbay near Upper Serangoon was very active during 2013, the commercial property market recovered to the level last seen before the global financial crash. Activity this year remains brisk and there is increasing interest in properties for sale.

China: slow growth, China’s Gross Domestic Product growth slowed further during the first quarter 2014. There was a bounce in the demand for office space early in the year and rents became steady. The progressive tightening up of lending led to fewer new built residential apartments during the 1st quarter 2014.

Hong Kong: Lower unemployment rates mean economic growth. Hong Kong’s economy grew 2.5% during the first quarter 2014 over …