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Hundred Palms Residences at Yio Chu Kang and Hougang

Hundred Palms Residences

Residents at Hundred Palms Residences will discover it appropriate to commute to the connectivity to MRTs, important roads and expressways, because of different regions of Singapore. Residents might also use buses to go to various parts of Singapore in addition to achieve Hougang MRT and Kovan MRT.

Hundred Palms Residences EC has entertainment and shopping amenities nearby. Hougang 1 may be the nearest shopping center at under .3km away next to the condominium. The mall, that is just renovated has beauty, clothing, health insurance and entertainment stores with anchor tenants including KFC, Fairprice and Sakae Sushi. Other malls comprise Hougang Eco-friendly Shopping Center, Greenwich V and Heartland Mall.

Hundred Palms Residences Pricing

Hoi Hup Real estate, a trustworthy developer within the property market gives us hundred Palms Residences and buyers will unquestionably ensure quality finishes. U will discover the newest executive condominium transacted cost using the Vales EC 829 to S$852 psf and Sol Acres EC, at approximately S$764 to S$834 psf in the event you begin to see the subsequent picture.

Residents by having an active lifestyle will find consolation within the health club or decide for community facilities at Hougang Sports Hall, the Serangoon Garden Country Club, Kovan Sports Center along with the Hougang Stadium.

Why executive condos are and turn into a phenomenon

There are many advantages an EC offers that you won’t get in other kinds of property. This generally is one of the couple of housing classes on the planet that mixes the very best of public and private housing policies:

ECs are ultimately private qualities that include government subsidies

ECs are available to some growing, sandwiched class

ECs can appreciate more strongly than private condos

Executive condos are ultimately private qualities that include government subsidies

Executive condos are made by private developers, as with every other private condo. They have a fitness center, BBQ pits, pool, along with other typical amenities. The main difference is the fact that ECs are thought public housing (and follow the same rules) for that first ten years.

Around the eleventh year, they’re considered private housing – they may be fully discrete, offered to people from other countries and organisations, don’t have any Airbnb limitations, and all sorts of related benefits.

The good thing a good EC is it come with CPF housing grants. If you’re a first-time buyer having a monthly household earnings of:

As much as $10,000 – You can aquire a CPF housing grant of $30,000

Between $10,001 to $11,000 – a CPF housing grant of $20,000

Between $11,001 to $12,000 – a CPF housing grant of $10,000

Residents by having an active lifestyle will find consolation within the health club or decide for community facilities at Hougang Sports Hall, the Serangoon Garden Country Club, Kovan Sports Center along with the Hougang Stadium.

The prospective selling cost will bond with S$800 psf typically, although actual prices is determined by market conditions 15 several weeks lower the street once the project could be launched, she added. Hoi Hup’s construction arm Straits Construction will build the work.

“We are searching in a project of approximately 560 units, which most about 70 percent is going to be three-bed room apartments, adopted by about 15 percent of units that’ll be four-bedders. All of those other units may have either two or five bedrooms.”

“Furthermore, the relatively bite size this website – below S$200 million in contrast to last month’s Siglap Road tender, in which the winning bid was S$624 million – means the main city outlay is much more reasonable for a larger pool of construction groups,” he added.

Quarter 1 2017 Property index slight dip

In the public housing segment, prices of resale flats fell for second consecutive quarter with a 0.6% decline in 1Q2017, following a 0.1% q-o-q dip in 4Q2016.

“This could possibly be an one off occurrence,” according to Eugene Lim,  key executive officer at ERA Realty Network. He notes that the main cause could be the low volume of resale transactions seen over the January and February period due to the Chinese New Year season.

Lim remains optimistic that the HDB resale market has largely stabilised. He expects HDB resale transaction volume to increase to about 22,000 to 23,000 units in 2017, with prices edging up slightly by 0.1% to 0.5% for the full year.

In May 2017, HDB will roll out about 4,600 Build-To-Order (BTO) flats Woodlands, Yishun, Bidadari and Geylang. HDB also plan to offer about 3,000 balance flats.