All posts by David King

Your ideal partner in getting your dream homes. 衣食住行您本需 唯有屋檐为首居 选屋应当倾全心 家乐融融安乐栖。 '您'是售屋与搜屋过程的最重要一环。 我们的服务方针是: - 适时与您报告服务过程 - 全程经历与您密切联络 - 新颖有效的行销服务予您 - 专业的态度赋予您 客户‘您’们的好评就是此服务方针的最佳见证。 许许多多的屋主与买家都因此收益。此时,我们 虽然专注与加东/东海岸一带的房屋公寓的搜售出租, 我们房仲服务也在各个地区的楼房都颇有经验。如市区、乌节路、 武吉知马路、淡滨泥、巴西里、榜鹅的房屋、公寓、商业不动产和组屋。 如今我们正在销售的房屋包括 Reflections @ Keppel Bay, Costa Rhu, Pebble Bay ,Tanjong Rhu homes, Mountbatten, Tanjong Katong, Joo Chiat, East Coast, Frankel 和Siglap 的公寓和有地住宅。 若要找个超出您期待的房仲,不如拨电9477-2121 与我联络。 你会满意的。 服务至上,房屋之赞。 Of all things that are essential to U Over all matters is a roof over U Finding a home that belongs to U Brings joy and harmony to Ur kin and U. 'U' is the most important person in every home search and sale. Seeking to exceed expectations of 'U', David King adopts the 4-step KING service approach: Keep U updated of home sale/search progress Involve U throughout the home sale/search experience Novel ways of marketing and home search to U Give the professionalism due U. A dedicated realtor, his numerous favorable testimonies from U clients is a proof many homeowners and home searchers have enjoyed the fruits of the service mantra. Currently focusing on landed homes and condominiums in Katong and East Coast, David King has rich experience in serving U in other areas as well such as Orchard, River Valley, Bt Timah and Upp Bt Timah, Farrer Road, Telok Blangah, Tampines, Tanah Merah, Pasir Ris, and Punggol. Properties involved included landed properties, condominiums, apartments, commercial buildings and HDB flats. Among the many properties he is marketing includes condominiums in Reflections @ Keppel Bay, Costa Rhu, Pebble Bay and other Tanjong Rhu homes, and Katong landed houses in Mountbatten, Tanjong Katong, Joo Chiat, East Coast, Frankel and Siglap. Looking to find a realtor that exceeds Ur expectations? Call David King @ 9477-2121 a non-obligatory discussion, and you will know you have found the right realtor. Art of Service, Craft of Real Estate

Recent Collective Sales in Mar 2018

1. Goodluck Garden (SGD $610M), Upper Bt Timah/Beauty World

The 210-unit residential developmen)t along Toh Tuck Road, has been sold collectively to the Qingjian Group of Companies for S$610 million. The sale price translated to a land price of about S$1,210 per square foot per plot ratio (psf ppr).  Each owner  should receive from S$924,000 to S$3.51 million upon the successful sale. The apartment sizes range from 95 sq m to 182 sq m, and the two shops are 30 sq m and 91 sq m, respectively. The development has a site area of 33,457.2 sq m. It is within minutes’ walk from Beauty World MRT Station. Based on a potential gross floor area of 46,840.08 sq m.3

2. Toho Mansion (SGD $120.43M), Holland Village

KBD Ventures, a subsidiary of construction and property developer Koh Brothers, has won the collective sale tender for Toho Mansion in Holland Road for S$120.43 million or around S$1,805 per sq ft per plot ratio. The freehold site, which has an area of 4,427.8 sq m and a plot ratio of 1.4, can be redeveloped into a potential gross floor area of 6,818.7 sq m, including a 10 per cent bonus balcony area.

Toho Mansion is a walk-up apartment complex with two four-storey residential blocks consisting of a total of 32 apartments. It sits on an elevated site next to a Good Class Bungalow housing estate and is in close proximity to Holland Village Shopping Centre and Chip Bee Gardens. Its many positive attributes include the coveted freehold tenure, single ownership, prestigious Holland Road address, high development baseline and the convenience of Holland Village, Chip Bee Gardens and the MRT station located right at its doorstep.

3. Makeway View (SGD $168M), Newton

A unit of Bukit Sembawang Estates has successfully tendered for the sale en bloc of the freehold Makeway View for S$168 million. The sale price reflects a land rate of S$1,626 per sq ft per plot ratio (psf ppr), including an estimated development charge of about S$21.26 million. Owners of the estate’s 28 apartments and four penthouses are expected to receive gross sale proceeds of between S$3.86 million to S$10.74 million per unit.

4. Katong Park Towers (SGD $345M). District 15

The owner of the biggest penthouse in the development will rake in $12.08 million after a unit of Bukit Sembawang Estates bought the estate for $345 million, which was about 20 per cent above the reserve price of $288 million.

Other owners will receive proceeds ranging from $2.25 million to $3.23 million, depending on their floor area and size. Katong Park Towers comprises 111 standard apartments, five penthouses and two commercial units, all on a land area of 140,758 sq ft. It is about 200m from Katong Park MRT, which is slated for completion in 2023.

The site has a plot ratio of 2.1 and a maximum building height of 24 storeys. The site is not affected by any traffic impact study. Katong’s rich heritage and rejuvenation initiatives under the Kallang Masterplan presents a great value to the developer.

5. Eunos Mansion (SGD $220M), District 14

Fragrance Group has snapped up the freehold Eunos Mansion for S$220 million in a collective sale. The owners at the 111,735 sq ft site, bound by Jalan Eunos and Bedok Reservoir Road, are expected to receive between S$1.48 mil ion to S$2.19 million, while the those of penthouses will receive S$3.55 million and S$4.7 million, respectively.

With a plot ratio of 1.6, that translates to S$1,118 per plot ratio, including a 10 per cent bonus balcony. The site could yield a mid-sized condominium project, given its proximity to the up-and-coming Paya Lebar Regional Centre and business parks at Eunos and Bedok Reservoir. There are no development charges payable due to its high development baseline.

 

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Recent Collective Sales in Feb 2018

1. City Towers (SGD $401.9M). District 10

The freehold condominium development in District 10 was sold for $401.9M in early Feb 2018. Each unit’s owner was to receive between $2.78M – 11.5M. The project consists of 77 units and sold 13% above reserve price. The rate was $1,847 psf ppr (including a $3.5M development charge). The site has a land area of about 104,531 sq ft (with a plot ratio of 2.1), and can be redeveloped to 24 storeys of 190 new units (average size of 1098 sqft). JAPURA Development, linked to Hong Kong tycoon Li Ka-shing’s Cheung Kong empire, is the party that clinched City Towers.

2. Pearl Bank (SGD $728M), Outram Park Vicinity

The iconic Pearl Bank Apartments was recently sold to Capitaland at $728M in mid Feb 2018. The price matches the reserve price of the owners, which translates to $1psf. ,515 psf ppr after factoring a $201.4M premium for a lease top-up to a fresh 99-year lease. The site has a land size of 82,376 sqft of existing plot ratio of 7.45. There are plans to redevelop the site into a 800-unit condo project of total GFA of 613,530 sqft. Break even prices are expected to be $2,000-2,250 psf. The project is located near to the Outram Park MRT interchange and Chinatown, and future units are likely priced to be between $2,400 – $2,600 psf.

3. Brookvale Park (SGD $530M), Sunset Way

Brookvale Park, a 160-unit development in Sunset Way, has been sold to Hoi Hup Sunway, a joint venture between Hoi Hup Realty and Sunway Developments, for $530 million. The sprawling 999-year leasehold land is in a central yet lush setting. The sale price reflects a land rate of about $932 per sq ft per plot ratio, after factoring in an estimated development charge of about $26 million. Each owner would expect to receive gross sales proceeds of between $2.5 million and $4.4 million per unit. The site is a short drive away from Holland Village and Bukit Timah Nature Reserve, and near reputable tertiary and international education institutions such as Ngee Ann Polytechnic, Singapore Polytechnic, National University of Singapore, Singapore University of Social Sciences and Canadian International School.

4. Riviera Point (SGD $72M), River Valley area

Riviera Point in Kim Yam Road was sold to Macly Group, a Singapore property developer in Mid Feb for $72M. Riviera Point’s site area stands at 14,579 sq ft. The use of the land has been zoned as “residential” with a plot ratio of 2.8 and a height control of 36 storeys. The verified existing gross floor area is about 49,265 sq ft, which translates to a plot ratio of 3.379.

5. Cairnhill Mansion (SGD $362M), Cairnhill Road at District 9

The development in Cairnhill Road was sold to Singapore-listed property developer Low Keng Huat for SGD $362M. Cairnhill Mansions, an 18-storey block comprising 61 apartments, sits on a land area of about 43,103 sq ft. The price tag works out to $2,311 per square foot per plot ratio (psf ppr).

 

 

Open House for Condo @ $788K! For Sale Kovan: Isuites

Are you looking to buy a freehold condo for less than $800K? Well look no further, as I have a 999-year leasehold (as good as freehold) condo in Kovan area for sale. Totally move-in condition! As owner bought it new 3 years ago and had a beautiful renovation for the home.

With balcony in a serene environment. In the hottest region in Singapore’s property market at the moment, after the recent sales in Serangoon Ville and Rio Casa. Call King for details @ 94772121.

http://www.sgbayhomes.com/16469602

Tokyo Properties Gallery

Due to overwhelming response, we are having another session this coming Sunday at Grand Hyatt Singapore 1-5pm. You are welcome to grace our event here if you are interested to invest into Tokyo properties, or even just to know abit more. Call 94772121 to book a slot.

Japan Property Gallery-Tokyo Roppongi

Are you looking at opportunities for Japan Real Estate? Come to our Property Gallery which will be held on 17/18 March 2018, at Hyatt Hotel Singapore, from 1 to 5 pm. Call David King @ 94772121 for more details.

9999 years heritage home for only $1.55M @ Farrer Park vicinity

Rare walkup apartment that contains memories of distant past. Looking to own an heritage home? With Collective sale potential! Call David King @ 9477-2121for more details

Accessibility (Location) : Joo Avenue (Walking distance to Farrer Park MRT and City Square Shopping Mall.
Budget: S$ 1.56M for almost Freehold space.
Capacity/Size: 1700 sqft   |  3+1+1 Beds   |  4 baths
Date of Availablity: Competitive offers are coming. Please hurry to secure your chance for great value!

http://www.sgbayhomes.com/20466444

District 9 Luxury Home for sale (Luma)

Are you looking to buy a prime District 9 freehold condo before it becomes less affordable? Here is your chance at the Luma.
Breathtaking view of the Prime Districts of 9 and 10 (Orchard Road, Paterson and Grange). Minutes to prime shopping belt of Ion Orchard, Ngee Ann City, Takashimaya, Wisma Atria and Paragon, this is the best ideal choice for expats. Selling with Tenancy. Upcoming MRT station coming soon.
Accessibility (Location) : Luma @ 6 River Valley Grove
Budget: S$ 1,818,000   (S$ 2000+ psf)   | 
Capacity/Size: 904 sqft (83.98 sqm)    |  2 Beds   |  2 baths
Dateline: Selling with Tenancy till 2019

http://www.sgbayhomes.com/18635169


Call 94772121 for details or you can fill up the form for future correspondence.