Profitable neighbours of unprofitable condominiums

It is likewise remarkable that the period of Caribbean at Keppel Bay begins in 1999, seven years after Reflections at Keppel Bay. This unmasks the myth that older condos will certainly always be less profitable than their more recent equivalents. In this circumstances, the timing of purchase is the primary factor of earnings while age and lease degeneration play much less significant roles.

At the time of composing, Eco and Urban Vista has extra unlucrative than rewarding transactions over the past 12 months. Remarkably, their closest neighbor, Grandeur Park Residences, bucked the trend with 5 times extra rewarding purchases than unlucrative ones.

In this post, we check out if these unlucrative condos have any successful neighbours within a 1km radius, and the reasons for their success regardless of their closeness to an unprofitable development.

Out of the leading 3 most successful purchases for Woodhaven, two were bought in 2011 Midwood …

Paya Lebar Airbase to make way for future town with 150,000 new homes

The relocation of the airbase to Changi was revealed in the National Day Rally of 2013. Paya Lebar Airport officially opened up in 1955, and also was Singapore’s first industrial global airport terminal before Changi Airport was built. In 1981, Paya Lebar Airport was exchanged an army airbase.

When Paya Lebar Airbase vacates in the 2030s, it will certainly be redeveloped into a new community with around 150,000 brand-new homes, says Prime Minister Lee Hsien Loong, at the National Day Rally on Aug 21.
Read additionally: The next chapter in Paya Lebar’s advancement

Musician’s impact of future town with central spine on the website of the Paya Lebar Airbase when it’s relocated

The path can be repurposed right into the community’s “main spinal column”, and also developed into “a green adapter” or area space prolonging from one end of the town to the other.

” It will be a distinct …