Hillview Peak Condo
In a 2012 Forbes report, Singapore was chosen in the 6th best country for someone being born in 2013. At 6th position, Singapore is takes the top location for the most effective country in Asia to reside in. The report attributes Singapore's rise, from 36th position this past year to 6th position this coming year, to some thriving sea port, affluence of the nation, and exceptional standard of living for locals.
Hillview Peak Condo
The reason why that Forbes stated would be the explanations why many locals and several foreign investors choose to purchase real-estate in Singapore. Singapore offers political stability, economic stability (as evidenced within the country's resilience to economic fluctuations previously decades), and simply since the Forbes report says, living life in Singapore simply good.
As a result of Singapore's favorable political, economic, and social situation, it's a magnet the real deal estate investment from not only the locals who upgrade on own stay, it also attracts investors, notably from Malaysia, Indonesia, and China, to invest in property. Previously decade, from 2001 to 2012, private property prices has risen 72.7%, in line with the Singapore Residential Price Index (SRPI), authored by the National University of Singapore (NUS).
Due to the meteoric rise in curiosity about Singapore property, there is now many selections for property hunters in Singapore. As of date, there are 2,453 different condominiums and apartments, not including private landed properties.
Therefore, choosing and buying a house in Singapore is daunting. With all the existence of 2,453 unique property developments inside a mere 723.2km2 land size, Singapore has just about the most dense property development: land ratio on earth. Picking a good property to buy is actually no easy feat.
Proximity to MRT will be the main criteria
The three golden rules in property investment has always been "Location, location, location". But also for those knowledgeable about real estate market in Singapore, the 3 golden rules are "MRT, MRT, MRT". MRT represents Mass Rapid Transit, the Singaporean term for that train or subway system.
It's been shown, before decade, that properties near MRT stations are most resilient in resisting price falls in periods of bad economic situations, yet posts the best capital appreciation in good economic periods. As a result, properties near MRT stations are always in hot demand.
In a tiny country like Singapore, trains and buses will be the main mode of transportation for most of us, and travelling by MRT has always been preferred to buses, as MRT provides comfort throughout the journey and timing reliability. Oahu is the choice mode of transport particularly for expatriates residing in Singapore, given that they usually do not drive, in addition to their main workplace, Central Business District, is obtainable by MRT.
There are many reported cases within the national newspaper before year, that existing condominiums saw a 30% increase in selling price overnight, immediately when a new MRT station within easy reach to the condo was announced.
The proximity to MRT, therefore, may be the primary criteria for picking an excellent property in Singapore.
Being close to amenities, schools, and expressways
The next criteria when choosing property in Singapore are proximity to amenities, top schools, and expressways. These need for these criteria differ from person to person, together may place more importance in being near a top junior school for his young kids, while another may place more importance in being near the expressway exit since he drives. If your property development includes a good balance, being in close proximity to amenities, schools and expressways, then the property are usually in very hot demand, not just in the initial sales launch, but also throughout the years when the owners and tenants come in to stay.
It is these properties - being in close proximity to MRT, amenities, schools, and expressways (transport links) - that command quality value, and consistent rental demand.
In choosing a brand new property to purchase, in the 6th best country in the world to reside in, it's these criteria that will set the truly good properties apart from the mediocre.
Hillview Peak Condo is really a New Hillview Launch Condominium near Hillview MRT, developed by Kingsford Development Pte Ltd.
Full Location information, Brochure, Floorplans, and cost can be obtained at www.hillviewpeak.org