Kingsford Waterbay – Upper Serangoon View Condo by Kingsford. Register for Showflat and Preview Here

Kingsford Waterbay – Upper Serangoon View Condo by Kingsford

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Kingsford Waterbay Sales

Kingsford Waterbay sells 40% of 320 new units in weekend launchedThis new mixed-user development at Upper Serangoon View has sold over 40% of the 320 units, which were launched over the weekend if you are looking at the media reports. 140 units sold, which may be some kind of record in today’s market.
The prices varied depending on number of units and ranged between $1,050 and #1,180 psf.
Kingsford Waterbay is a 1,165-unit development which when completed will feature a six strata terrace design with two strata featuring semi-detached homes. The complex also has its own childcare center and six retail outlets.

Kingsford Waterbay Sales

The Chinese developer sold a variety of offerings with Semi-Ds’ One Strata terrace. Six retail outlets went as well with the shop sizes ranging from431 to 452 square feet. The prices were locked in at $2,700 psf.
The sales were brisk and jumped into the …

Jurong West Tender Site

As reported by the Urban Redevelopment Authority recently, the tender for a residential site, Parcel B, located at Jurong West Street 41 with a 99 year leasehold, has closed this past Tuesday after it had secured 9 bidders.

The site was launched for sale in December of 2014, offering a space of 17,803.5 square meters. This equates into a permitted maximum GFA (gross floor area) of 49,850 square meters.

Of these 9 bids, it was MCL Land (Vantage) who submitted the top bid for $338.12 million, an amount that equates to about $6,782.71 per square meter on the gross floor area scale in Kingsford Waterbay.

Kingsford Waterbay in Serangoon

Coming in at second place in the bidding war was HY Realty who offered $317.9 million. Allgreen Properties came in at the lowest bid offered for $222.89 million.

Desmond Sim, the CBRE Research Head of South East Asia and Singapore, has …

2015 Independence

2015 marks the 50th anniversary of Singaporean Independence and the year is shaping up to be a good one as according to the latest Credit Suisse report just released says that housing prices not likely to tank.

The government doesn’t want to cast a shadow on the looming election and most likely keep housing prices on an even keel, this will become even more important amidst Singapore’s rising and volatile interest rate arena the report concluded.

Kingsford Waterbay Serangoon

In the past affordability was managed by the government using housing price cooling measures like the Additional Buyer’s Stamp Duty (ABSN) and Total Debt Servicing Ratio (TDSR) to keep the prices from rising too quickly and to curb foreigners from entering the Singapore Real Estate Market. They also were instrumental in reining in speculative buying of Kingsford Waterbay properties.

The Singapore prospective homebuyers would still like to see the market drop …

Private Launches Standstill

During the December holiday season, private property launches dwindled to a virtually a standstill. Developers chose to sell units from older developments to avoid a backlog of unsold units as reported by analysts who follow the statistics and data released by the URA on Thursday.

The Terrace was only one new launch in December of an executive condominium (EC) on Punggol Drive. This development added 747 units with an average price of $831 psf of which already 128 units have been sold for Kingsford Waterbay.

Kingsford Waterbay Developer

Excluding the EC’s units launched by developers dropped 94% from November and hit a record low of only 53 units since recording of this information started in June 2007.

In December, only 230 private homes were sold with a car responding drop of 46% from the 423 units that homeowners bought in November.
This is the lowest sales volumes since January 2009 …

World Retirement

In a recent article by international living in their annual global retirement Index for 2014 showed Malaysia as number 3 coming in after Panama and Ecuador at Kingsford Waterbay.

Malaysia is rated as the best place in Asia to retire there and enjoy the Malaysian robust economy and quality of life afforded your there as well.

It is also the perfect place to setup a base from to reach all parts of Asia and the Pacific Rim that allows for unlimited retirement business opportunities.

Kingsford Waterbay at Upper Serangoon

The quality of life in Malaysia with its International flair and exotic cuisine and other amenities makes the perfect choice to live, as well to explore the wonders of the Far East in places like Thailand, Indonesia, India, and Japan for Kingsford Waterbay.

The accompanying article cites an American from New York who is living in Penang.

Spending only RM3,000($850) a …

Kingsford Waterbay Interest Rates Increase

Based on data from Bloomberg, and following the rather sharp increase yesterday of Singapore Interbank Offered Rate over the next 3 months, homeowners that took the option of a loan with a floating rate for Kingsford Waterbay, as opposed to a fixed rate on their homes, will be expected to pay a much higher monthly interest rate. According to Bloomberg, the SIBOR 3 month rate rose sharply to 0.62052% this past Tuesday, as opposed to Monday’s 0.57762% and last Friday’s 0.45738%.

Kingsford Waterbay Interest Rates Increase

For the majority of 2014’s 1st half we saw a benchmark rate that stayed unchanged until August, when it started to slowly creep upwards and then proceeded to steadily rise along with the strengthening of the US dollar. According to Overseas Chinese Banking The Myst Corp (OCBC), this upward trend of the 3 month SIBOR may have occurred as a result to a …

Kingsford Waterbay New Launch Freebies

In response, developers have started phasing out there incentive plans and discounts that they are offering to first-time buyers or those who wish to purchase new properties. The results of these plans has been negligible and do not seem to be attracting the customer base like it once did.

This may also had something to do with the tightening of loan requirements and the required transparency involved in reporting discounts and incentives for Kingsford Waterbay.

New Launch Freebies for Kingsford Waterbay

Though these laws and in place for 12 years now, they are now being more strictly interpreted and enforced.

Previously banks had a free hand and could ignore these incentives. However, now it works against the buyer so is less attractive nowadays.

The buying public is becoming savvier and is not being taken in by these types of incentive schemes anymore. They know there’s no such thing as a …

Investors for Mixed Condos

Recent figures are showing that a wide range of investors have been attracted to mixed developments over the past few years. Why have these developments become so popular for both investors and homeowners? Here are a few factors to consider for potential Kingsford Waterbay buyers.

Mixed developments integrate both residential and commercial units in one complex. Making their popularity rise in recent years. This is really no surprise considering Singapore’s growing population and a scarcity of land, which has created flood of demand for both amenities and homes.
Developers have begun to offer mixed developments island wide as a means to address the growing concerns over urban liveability and scarce land.

Chief Operating Officer of GuocoLand’s Singapore branch, Cheng Hsing Yao, recently pointed out that these mixed developments are a logical response to the issue of higher density living.

Waterbay Serangoon

On the list of what is considered an advantage …

Great deals in Punggol

The housing market is cooling off worldwide with the exception of the country of Singapore’s Northern area near Punggol and Serangoon. Here the real estate market is booming and the new development Kingsford Waterway is going to be one of the hottest and most exclusive places to be living in the near future.

Today in this article, you will see why everyone is talking about Kingsford Waterbay condominiums. This is an exciting growth area where it is estimated 5.65 Million square feet of retail space will be opened up by 2017, for development.

This means Kingsford Waterbay will be in the hub of a new business Renaissance in Singapore in only a short period of time.

Kingsford Waterbay Great Deal

Location and Amenities
They say location is everything Kingsford Waterbay has the perfect location built along the Sungei Serangoon waterfront near Punggol Park across from the Serangoon Secondary School and …

Singapore Real Estate

Singapore’s real estate market appears to be losing some of its appeal for investors for Kingsford Waterbay, revealed the Emerging Trends in Real Estate Asia Pacific 2015 forecast jointly published by the Urban Land Institute (ULI) and PwC.

The city-state fell to ninth place among cities in the region for property investment and development prospects, two spots down from 2014.

Singapore’s slip in the rankings was attributed to the introduction of government measures to curb price increases in the residential market, which has dampened investor enthusiasm for condos including Kingsford Waterbay.

Kingsford Waterbay Singapore Real Estate

The report also stated that while property prices have generally held firm, both residential and commercial transactions have fallen significantly, “as both foreign and international investors for Kingsford Waterbay turn to foreign markets to look for deals”.

But despite its decline, the fundamentals of Singapore property remains strong and attractive, noted Yeow Chee Keong, …