Everything EC Buyers Need to Know—Featuring Novo Place: With the recent launch of Novo Place Executive Condo (EC) at Plantation Close, many potential buyers are excited to explore this new opportunity in the evolving Tengah region. The last EC launch, Lumina Grand, took place in January 2024, making it the perfect time to refresh our understanding of what ECs offer and why Novo Place might be the ideal choice for your next home. In this article, we’ll cover everything you need to know about ECs, the highlights of Novo Place, and why it could be your dream home. Introduction to Executive Condos (ECs) Executive Condominiums (ECs) offer a unique blend of affordability and luxury, making them a popular option for Singaporeans aspiring to own a private property. Developed by private developers yet sold with Housing & Development Board (HDB) subsidies, ECs provide access to premium facilities while being more affordable than private condos. Here’s a quick rundown: * Definition & Distinction: ECs start as subsidized properties, subject to HDB rules for the first 5 years, including a Minimum Occupation Period (MOP). After 5 years, they can be sold to Singaporeans and PRs. At the 10-year mark, EC are fully privatised and can be sold to foreigners, potentially increasing their market value. * Eligibility Criteria: To purchase an EC, buyers must be Singaporean citizens and form a valid family nucleus (e.g., couples and families with children). This eligibility ensures a sense of community among owners and contributes to steady demand. * Key Benefits: EC buyers enjoy CPF Housing Grants, which significantly reduce the upfront costs, making ECs a popular choice for young families and first-time homeowners. The lower entry price compared to private condos and the potential for appreciation after privatization make ECs an appealing investment. What’s New: Novo Place Executive Condo at Plantation Close Novo Place, the latest EC project launched at Plantation Close, has already caught the attention of potential homeowners. Here’s a closer look at what makes this development a standout option: * Location: Located within the heart of the burgeoning Tengah area, Novo Place is surrounded by greenery and is close to future MRT stations, reputable schools, and shopping hubs. Tengah is known for its “Forest Town” concept, which emphasizes sustainable living and smart town features, making Novo Place ideal for those seeking a modern, eco-friendly lifestyle. Tengah’s attractiveness is further heightened by the upcoming relocation of Anglo-Chinese School (ACS) to the area, making it a sought-after location for families prioritizing top-tier education. *… https://lnkd.in/gyAjvWrX #PropertyNetSg
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Trento, with its rich history and strategic location in northern Italy, offers a range of real estate opportunities. While the city's central areas are well-known, some of its lesser-explored neighborhoods are gaining attention for their investment potential. Let’s dive into a few of Trento’s hidden gems that present promising opportunities for real estate investors. 1. Cristo Re Situated close to the city center, Cristo Re offers a balance between urban convenience and residential tranquility. It’s a rapidly developing area that appeals to young professionals and families looking for affordable housing options. The proximity to parks, schools, and transport links makes it an attractive option for long-term renters, creating solid rental yields for investors. 2. Bolghera Bolghera, known for its leafy streets and historic villas, is ideal for those looking for properties with charm and character. Its proximity to Trento’s main hospital and university makes it a desirable location for medical professionals and academics. While the property prices in Bolghera are higher than in other neighborhoods, the demand remains steady due to its prestige and accessibility, offering long-term growth potential. 3. San Giuseppe Often overlooked, San Giuseppe is one of Trento’s rising neighborhoods. Close to the train station and city center, this area is ideal for those looking to invest in smaller apartments and rental properties. The ongoing urban renewal projects are transforming the neighborhood, making it an excellent choice for investors seeking to get in before property values rise. 4. Povo Located on the eastern outskirts of Trento, Povo is home to the University of Trento’s science and technology departments. This has made the area a hub for students, researchers, and professionals in the tech industry. With its mix of modern apartments and family homes, Povo is growing in popularity for real estate investors, particularly those interested in the student rental market. 5. Villazzano For those seeking a quieter, more suburban lifestyle, Villazzano is an excellent option. Known for its green spaces and panoramic views of the surrounding mountains, it’s perfect for families and retirees. While the area is slightly removed from the city center, it offers a high quality of life and a strong sense of community, making it attractive for buyers looking to settle long-term. Trento’s real estate market is evolving, with several under-the-radar neighborhoods offering strong potential for investment. Whether you're looking for rental yields, long-term growth, or properties with historic charm, these areas provide a variety of options to explore. As Trento continues to grow and attract a diverse population, these hidden gems are well worth considering for anyone looking to invest in the city’s real estate market. #Trento #RealEstateInvestment #CristoRe #Bolghera #SanGiuseppe #Povo #Villazzano #InvestmentOpportunities #HiddenGems
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West End, Brisbane: A Premium Suburb for Professionals and Investors West End, just minutes from Brisbane's CBD, has established itself as one of the city's most desirable suburbs. It offers a unique combination of historical charm and modern living, attracting professionals, families, and investors. Whether you are looking to buy your dream home or make a strategic investment, West End should be on your radar. A Blend of History and Modern Living: West End’s history dates back to the 19th century when it emerged as one of Brisbane’s earliest suburbs. Today, the area balances its historical architecture with contemporary developments. Heritage-listed homes stand alongside modern apartments and townhouses, appealing to a range of buyers. The Real Estate Market: The West End property market continues to show strong demand. The median house price is approximately $1,350,000, and units are priced around $677,000. Unit prices have increased by 9.19%, reflecting strong demand in the apartment market. (https://lnkd.in/gcp9rsKR), (Wikipedia). Rental yields add to the investment appeal, with houses offering 2.87% and units delivering 4.85% (https://lnkd.in/gcp9rsKR). High rental demand, driven by proximity to the CBD and universities, ensures a consistent tenant pool. Why Investors are Drawn to West End: West End is appealing to investors for many reasons. Its proximity to Brisbane’s business district makes it a prime location for professionals. Ongoing development and infrastructure projects boost future capital growth potential. High rental demand and limited property supply further enhance its investment profile. A Vibrant Lifestyle Awaits: West End is not just about property—it's about lifestyle. The suburb is known for its cultural scene, offering vibrant markets, diverse dining options, and boutique shops. Orleigh Park and the West End Markets are standout attractions, providing a blend of nature and urban living. This mix makes the suburb a highly desirable place to live for both families and professionals. Investment Outlook Despite a recent decline in house prices, West End remains a strong long-term investment option. Ongoing urban renewal and infrastructure improvements make the suburb well-positioned for future growth. Investors should consider the rising unit prices and high rental yields as key factors when looking at West End's market potential. If you're considering buying or investing in West End, reach out to HHA Buyers Agent. Contact Lee on 0412 131 818 to learn more about how we can help you secure your dream property in this thriving suburb.
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“Early Bird Special: Massive Discounts on Sun Urban City Ha Nam Condos” https://ift.tt/s4XgI0Z Discounts of up to 18% In a market where it’s nearly impossible to find an apartment for under VND 2 billion, Sun Group has cleverly and creatively introduced Art Residence apartments in a resort-style urban area, just a 45-minute drive from Hanoi’s center, with prices starting from under VND 1 billion (excluding VAT, maintenance fees, and applicable early payment discounts…) Sun Urban City, a well-planned 420-hectare urban area with world-class amenities “For a customer from Ha Nam province buying the smallest apartment and applying early payment discounts of 95% within one month of the official sale, the price would be approximately VND 24.5 million per square meter of usable area, or less than VND 1 billion per apartment, excluding VAT and maintenance fees,” said Minh Anh, an experienced real estate salesperson in Ha Nam. The developer has introduced a range of attractive policies and discounts to make homeownership more accessible to all residents. Early bird customers who purchase within one month from now will receive an immediate 3% discount. Customers from Ha Nam will receive an additional 2% discount. This is the developer’s special way of showing gratitude to the people of the “Đọi Mountain and Châu River” region, which has been a cradle of historical and traditional cultural values for centuries and is now an integral part of this 420-hectare resort-style urban area. Sun Urban City offers easy connectivity to Hanoi and other northern provinces through modern roads. Depending on their financial situation, customers have flexible payment options: Those who do not take out a loan and follow the standard payment schedule will receive an additional 2% discount. For those who do not take out a loan and pay 95% upfront, a discount of up to 13% is offered. Additionally, the developer provides interest rate support for up to 24 months for customers who opt for financial leverage. Thus, the total discount a customer can receive when purchasing an Art Residence apartment can go up to 18%. This is an incredibly rare opportunity for customers to own a 5-star quality apartment within the Sun Urban City, a resort-style urban area with 1001 amenities, for just VND 1-2 billion per apartment, depending on the size. Art Residence apartments are designed in the artistic style of Picasso. Making the Dream of Home Ownership a Reality With its exceptional pricing policy, young professionals just starting their careers can also turn their dream of owning their first valuable asset – “a red book in their name” – into reality. Successful individuals can buy a home as a gift for their parents and easily bring their families to enjoy a relaxing weekend, away from the polluted and dusty atmosphere of the capital. Retirees can consider Sun Urban City as a place to spend their golden years, surrounded by their grandchildren and peers… The vertical...
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“Dizzying” Surge in Condo Apartment Prices “New Price Competition” According to the review by the Vietnam Real Estate Brokers Association (VARS – Vietnam Real Estate Association – VNREA), urbanization is happening rapidly in major cities, leading to a sharp increase in housing demand while land supply is decreasing due to slow project implementation caused by funding policies and market control measures. As infrastructure and public services improve, the value of urban land increases, which in turn continuously sets a new price benchmark for apartments. Overwhelmed by the increasing price of apartments. Research data from VARS shows that the price index for apartments in Hanoi has increased by about 38 percentage points compared to 2019. In Ho Chi Minh City, the increase is 16 percentage points. Apartment prices in Hanoi have been continuously increasing in both the primary and secondary markets, while prices in Ho Chi Minh City have also started to rise again, with a gradual decrease in high-end and luxury projects in the secondary market. The strong demand for housing comes not only from the shifting needs of city households, but also from the increasing influx of workers and students to the cities for work and education, especially in Hanoi. Additionally, there is a large amount of investment demand as rental prices for old and new apartments in residential areas continue to rise after the COVID-19 pandemic, amidst the rapid market recovery. Statistics from Batdongsan.com.vn (Vietnam’s No.1 Real Estate Information Channel) show that the overall interest in buying apartments nationwide in January 2024 increased by 66% compared to the same period in 2023, and the number of real estate listings also increased by 46%. Specifically, the search volume for apartments in Hanoi in January 2024 increased by 71% compared to the same period. Similarly, in Ho Chi Minh City, the demand for apartment searches also increased by 59%. This trend is happening in most other provinces and cities as well. Despite the strong increase in housing demand, the supply of apartments has not kept pace. In Hanoi, the new apartment supply for the entire year of 2023 is estimated to reach 10,500 units, a decrease of about 31% compared to the previous year. In Ho Chi Minh City, the supply of new apartments is expected to reach nearly 7,500 units, a decrease of more than 50% compared to the same period in 2022. The decline in apartment supply in recent times is due to the increasing scarcity of newly approved real estate projects, while ongoing projects are facing difficulties related to legal issues and funding. Despite the efforts of the Government, ministries, and local authorities, some notable results have been achieved in terms of increasing the number of projects and restarting them in 2023. However, cash flow pressures still persist for real estate businesses. Expectations for NOH projects After a long period of decline, the supply of apartments in b...
“Dizzying” Surge in Condo Apartment Prices “New Price Competition” According to the review by the Vietnam Real Estate Brokers Association (VARS – Vietnam Real Estate Association – VNREA), urbanization is happening rapidly in major cities, leading to a sharp increase in housing demand while land supply is decreasing due to slow project implementation caused by funding policies and market co...
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Discover Harmony Estate: Your Dream Home in Ibuza, Delta State Nestled in the serene and rapidly growing town of Ibuza in Delta State, Harmony Estate offers the perfect blend of tranquility, modern living, and affordability. This exclusive residential enclave is set to redefine luxurious yet accessible living, with plots now available for purchase at an incredibly attractive price. **Exciting New Pricing: A Golden Opportunity** Starting July 1st, the prices for plots at Harmony Estate will see a slight increase from N2 million to N3 million. This price adjustment reflects the immense value and development within the estate. This is your last chance to secure a piece of this prime real estate at the current lower price, making it an ideal investment for the future. **Why Choose Harmony Estate?** 1. **Prime Location:** Harmony Estate is strategically located in Ibuza, a town known for its peaceful ambiance and proximity to major cities. It offers easy access to Asaba, the Delta State capital, providing a perfect balance of quiet living and urban convenience. 2. **Modern Amenities:** The estate is designed with modern infrastructure and amenities, including well-paved roads, reliable electricity, clean water supply, and efficient drainage systems. Residents will also enjoy green spaces, recreational facilities, and 24/7 security, ensuring a safe and comfortable environment for families. 3. **Community Living:** Harmony Estate fosters a sense of community with beautifully landscaped common areas and spaces for social activities. It's an ideal place for families to grow, neighbors to connect, and lifelong friendships to blossom. 4. **Investment Potential:** The rapid development in Ibuza and the surrounding areas makes Harmony Estate a smart investment choice. As the region continues to grow, property values are expected to rise, offering significant returns on your investment. 5. **Flexible Payment Plans:** To make it even easier for you to own a plot, Harmony Estate offers flexible payment plans tailored to suit your financial needs. This ensures that your dream home is within reach, no matter your budget. **Act Now and Save!** With plots currently priced at N2 million until July 1st, now is the perfect time to take advantage of this incredible offer. Don't miss out on the opportunity to invest in Harmony Estate at its most affordable rate. Contact us today to schedule a visit, explore the estate, and secure your future home in this idyllic community. Contact Information: Phone: 08120082465 call or Whatsapp Email: [email protected] Harmony Estate is more than just a place to live—it's a lifestyle. Join us in creating a harmonious community where dreams come true. Secure your plot today and be a part of something extraordinary.
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In 2024 we see condominiums being developed in every city and maybe it crossed your mind “Okay parin ba talaga bumili ng Condo?” Here are my top 3 reasons, positive and negative to give you guidance. The + Side: 1. Prime Locations and Accessibility: Condos are often situated in strategic urban locations, near business districts, schools, hospitals, and transportation hubs. So if you’re working remotely but still want the city life or working on site, condos offer convenience and reduced commute times. 2. Modern Amenities and Low Maintenance: Condo living offers easy access to amenities like pools, gyms, function rooms, and convenience stores, with the building management taking care of the maintenance for you. 3. Attractive to Foreigners and Tourists: Thinking about rentals or Airbnb? The Philippines continues to be a popular destination for foreign retirees, digital nomads, and tourists. If your condo is located in urban and resort areas, it is much more appealing to them due to their modern amenities, security, and convenient locations. With high demand for rentals in urban centers and ongoing infrastructure developments, condos provide strong investment potential, offering opportunities for capital appreciation and rental income. The - Side 1. Limited Space: Compared to house-and-lot properties, condos generally offer less living space. Families or those who prefer more privacy and room for expansion might find condo units restrictive in terms of space and layout options. 2. Strict Rules and Restrictions: Condominium Corporations often come with rules and restrictions set by the management or homeowners' association. These can limit your freedom to make certain renovations, keep pets, or use common areas in specific ways. On the business side, some condo’s do not allow Airbnb options as it gives conflict to safety and privacy concerns. 3. Resale Challenges: Selling a condo can be more difficult than selling a house-and-lot property. Factors such as market saturation, competition from newer developments, and changing buyer preferences can make it harder to achieve a good resale value or find a buyer quickly. While condo investments remain viable, it's crucial to evaluate location, developer reliability, and market trends to ensure long-term returns. Given the potential downsides, carefully assess whether condo living suits your long-term needs and financial goals. Let me know what you think!
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Teneriffe, Brisbane: A Premier Riverside Enclave for Investors and Families Teneriffe is one of Brisbane’s most sought-after suburbs, combining rich history, urban renewal, and premium living. Just 2.5 km from Brisbane’s CBD, Teneriffe has evolved from an industrial hub into a riverside destination for professionals, families, and savvy investors. Historical Transformation Once an industrial heartland, Teneriffe played a key role in Brisbane’s wool trade, with its iconic woolstores still defining much of the skyline. In the 1990s, the area underwent urban regeneration, transforming these heritage buildings into high-end apartments. Gaining suburb status in 2010, Teneriffe’s blend of old-world charm and modern sophistication now attracts a wide range of residents. Property Market Overview The Teneriffe real estate market continues to show impressive growth: Median house price: $4.1M Median unit price: $860K Year-over-year growth: 15.9% for houses and 6.0% for units With limited development opportunities due to heritage protections, property values have seen strong, consistent growth. Investors enjoy reliable returns, with rental yields of 2.1% for houses and 4.7% for units. Lifestyle and Amenities Teneriffe offers an unparalleled riverside lifestyle with easy access to parks, dining, and cultural venues: Teneriffe Riverwalk and Teneriffe Park offer beautiful recreational spaces. Gasworks Plaza and Vernon Terrace provide a vibrant shopping and dining scene, with favorites like Kin + Co and Beccofino. The nearby Brisbane Powerhouse hosts cultural events year-round. Families are well-supported with top schools nearby, including New Farm State School, Brisbane Grammar School, and Brisbane Girls Grammar School. Investment Outlook Teneriffe’s property market continues to outperform many of Brisbane’s neighboring suburbs: Compound annual growth rate: 7.2% for houses, 3.8% for units over the past five years. Vacancy rate: Only 1.2%, well below Brisbane’s average, driving strong rental demand. With its blend of history, luxury, and limited supply, Teneriffe’s future as a premier residential area remains bright. For personalized advice on entering the Teneriffe property market, contact HHA Buyers Agent at 0412 131 818.
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How building affordable luxury built-to-rent apartments can help with the housing crisis; 1. Filling the Middle-Income Housing Gap - Affordable luxury BTR apartments provide high-quality housing with good amenities at prices that middle-income renters can afford, helping those who earn too much for low-income housing but can't afford high-end units. 2. Supporting Community Stability - Since BTR apartments are designed for long-term renting, they offer residents stability and a sense of community, reducing frequent tenant turnover and creating strong, lasting neighborhoods. 3. Quickly Increasing Housing Supply - BTR developments are often built at scale (like entire apartment complexes) rather than one unit at a time. This means more homes are available sooner, easing housing shortages. 4. Balancing Housing Demand - BTR apartments offer a quality rental option for those who might otherwise be forced into buying a home or renting expensive luxury apartments. This balance helps keep prices steady across the market. 5. Promoting Urban Density - BTR properties are usually built with efficient use of land, allowing more units in one area, which supports transit access, reduces city sprawl, and makes neighborhoods more sustainable. 6. Bringing Investment for Long-Term Affordability - Because BTR properties are meant to be held long-term, investors are incentivized to keep them affordable and well-maintained, which benefits renters and the community over time. SCDC designs apartment spaces to inspire and built to last, with our investors and tenants in mind. 🏡🌟 How do you believe luxury apartments can help the housing shortage for tenants in your market?
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🏘️ Affordable housing ⁉️ Apartments sold in HCMC in the next two years will mainly be in the VND5-10 billion (US$200,000-400,000) price range with VND2-5 billion units becoming scarce, according to Savills Vietnam. 🎙️ Giang Huynh, associate director at the real estate consultancy and head of research and the S22M platform at its HCMC office, said apartments are steadily rising, with 90% of transactions being done at the VND2-5 billion price point in 2023. 💰 There was none at below VND2 billion. In a recent note Savills said supply last year was the lowest in 10 years at only 10,700 units. There were only 6,300 successful transactions. 📉 Prices of high-end apartments in the primary market returned to the 2020 average of VND69 million per square meter, down 45% from 2022. 💡 In terms of price per square meter, data from another real estate consultancy, CBRE, showed 84% of apartments offered for sale in the city last year cost VND50-98 million. 🆕 With virtually only high-end apartments being built, the number priced at under VND50 million plummeted. Affordable apartments have completely disappeared in the last few years. 🔀 The high prices in the city are fueling a trend of moving to nearby provinces to find affordable housing. 🔮 Savills experts said 96% of future apartment supply in the three neighboring provinces of Binh Duong, Dong Nai and Long An would be priced under VND5 billion. 📌 Developers of many apartment projects in Dong Nai and Binh Duong are offering competitive prices. 🎯 According to Nguyen Van Dinh, president of the Vietnam Association of Realtors, many buyers are willing to live away from the city if it means large living spaces and integrated amenities. https://lnkd.in/gmth8J-q
Most HCMC apartments to cost $200,000-400,000 in next two years - VnExpress International
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Affordable housing in Ho Chi Minh City is scarce, with most new apartments being built in the high-end range, forcing some residents to consider neighboring provinces for more affordable options. #VietnamRealEstate #realestate #vietnam #vietnambusiness #VietnamCommercialRealEstate #commercialrealestate
Counsel at Luther. | Country Head Vietnam | Vice-Chair of the EuroCham Legal Sector Committee (Vietnam)
🏘️ Affordable housing ⁉️ Apartments sold in HCMC in the next two years will mainly be in the VND5-10 billion (US$200,000-400,000) price range with VND2-5 billion units becoming scarce, according to Savills Vietnam. 🎙️ Giang Huynh, associate director at the real estate consultancy and head of research and the S22M platform at its HCMC office, said apartments are steadily rising, with 90% of transactions being done at the VND2-5 billion price point in 2023. 💰 There was none at below VND2 billion. In a recent note Savills said supply last year was the lowest in 10 years at only 10,700 units. There were only 6,300 successful transactions. 📉 Prices of high-end apartments in the primary market returned to the 2020 average of VND69 million per square meter, down 45% from 2022. 💡 In terms of price per square meter, data from another real estate consultancy, CBRE, showed 84% of apartments offered for sale in the city last year cost VND50-98 million. 🆕 With virtually only high-end apartments being built, the number priced at under VND50 million plummeted. Affordable apartments have completely disappeared in the last few years. 🔀 The high prices in the city are fueling a trend of moving to nearby provinces to find affordable housing. 🔮 Savills experts said 96% of future apartment supply in the three neighboring provinces of Binh Duong, Dong Nai and Long An would be priced under VND5 billion. 📌 Developers of many apartment projects in Dong Nai and Binh Duong are offering competitive prices. 🎯 According to Nguyen Van Dinh, president of the Vietnam Association of Realtors, many buyers are willing to live away from the city if it means large living spaces and integrated amenities. https://lnkd.in/gmth8J-q
Most HCMC apartments to cost $200,000-400,000 in next two years - VnExpress International
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