Gilstead 2, a freehold development with a sleek & fashionable style rises with opulent linear class of glass and concrete interspersed with creepers and planters.
From sentry post onwards, the mode is switched swiftly to serenity where the occupiers are in a position to let go their stress behind.
Gilstead 2 is targetting towards planning for someone who will really relishes his abode to be the place for rejuvenation and renewal. The comfortable place where one will realize inspirational living experience again and again.
The series of anti-speculation policies could have shifted the dynamics of the market. The SSD of up to 16% enacted in January last year might have encouraged some investors to search for new property purchases instead, as they will reduce the equity requirement due to progressive payments. By the time the property is completed after three years, they would only be penalised with a relatively small 4% SSD when they sell the new property during the 4th year, or might even escape it altogether when they sell the unit after 4 years.
We have all been hearing that location is that the key consideration when it comes to real estate, and that’s certainly the consensus. Purchasing a real estate in the incorrect area will be a huge mistake, and it’s important to choose the area in addition to the property. Prospective buyers will learn a great deal concerning the nature of the various neighbourhoods simply by driving round the neighbourhood, as well as by talking to different residents.
Singapores standing as an essential international business centre attracting some of the most enterprising businessmen to the nation has made a positive impact on its economy along with its real estate market. With rising incomes and improvement in lifestyle, real estate with a number of amenities are in demand and in many cases, prime real estate is fully taken the moment it’s put on sale in the market.
The Commerze @ Irving, a non-residential development near MacPherson Road.
It is indispensable for a first time real estate purchaser to work closely with a realtor, no matter what kind of property you are eyeing for. A knowledgeable realtor will ensure your real estate searching much easier. A qualified realtor is usually a good negotiator, and will be in a position to help you to work out any complication. Find a realtor you feel comfortable with and who is knowledgeable about the location you want to buy.
The newly introduced ABSD will probably result in descending secondary market sales, as there will be a misalignment in sale value between willing sellers & buyers in the subsequent few months. The newer condos appear to possess better designs or themes and quality fittings. Resale properties are usually simpler and plain, they don’t come with all the frills like the facilities and amenities. The new property offering are better than most of the older resale homes normally.
In a property analyst’s record of top 30 cities for direct commercial real estate investment for 2010 till Q3 2011, Singapore takes the sixth spot, having about US$15 billion worth of investment during this duration. Direct commercial real estate investment comprises of retail, office, hotels, industrial and combined-used real estate but excludes raw land, residential real estate and all transactions which is less than US$5 million. The latest anti-speculation policies in the residential market may result in investors in turning their attention to the industrial market, especially to multi-user production units and high-tech projects.
Gilstead 2 @ Newton Apartment Details
Development Type : Condo
Tenure : Freehold
Land Area : 35,510 sqft
Likely TOP : Oct 2014
District : District 11 Near Orchard Road