When you are looking for a new condo in Singapore, there are a lot of factors to consider. For example, it is important to look at the location and price. In addition, new launches have fewer defects, so you will pay less for maintenance. Moreover, you can choose a unit that best suits your needs. This way, you can get the best value for your money.
Freehold Singapore new launch condos
When buying a new condominium, you have a choice between leasehold or freehold properties. Leasehold properties have a longer tenure and are generally less expensive than their freehold counterparts. In addition, leasehold condos have comparable facilities and quality. Most developers absorb stamp duty in the development process.
Whether you are buying freehold or leasehold Singapore property is ultimately a matter of preference. Purchasing a home in a prime location will attract more foreigners than a property in a suburb. As a result, rental values will be higher for properties near international schools or the Central Business District.
Another advantage of owning a freehold condo is the fact that it does not expire. This means you can hold onto it for as long as you like. However, if you decide to sell your freehold property in the future, you should be aware that a government may decide to take it back for development purposes. As such, you may be better off choosing a leasehold option if you intend to hold on to your new property for a short period.
Jurong New Launch Condos is located near Jurong Lake, which provides a relaxing environment. There are also beautiful gardens and schools nearby. Moreover, residents can easily commute to the nearby Chinese Garden MRT station and Lakeside MRT station. The new development is near many amenities, such as retail and food joints.
One of the latest launches in Jurong is Jurong East Condo. This project is conveniently located near Jurong East MRT station. You can download the launch brochure to know more about this new development. The brochure includes a gallery and a video. It also offers a VVIP discount and showflat viewing.
The New Launch Condos are close to several shopping malls. The Jurong East Mall and Jurong Point shopping centres are nearby. In addition, the Boon Lay Food Village and Yuhua Village Market and Hawker Centre are nearby.
One of the great mysteries in the private property market in Singapore is developer pricing of new launch condos. This is a murky topic filled with rumours and myths. But one fact is certain: if you buy early, you’ll pay less. Developers use different strategies to sell condos. They may offer them in phases, offer VVIP privileges or floor pricing.
One of the biggest draws of these new launch condominiums is their prime location. They’ll be near Jurong Gateway, a development that is part of the Government’s Master Plan 2008 and will include a new MRT station, existing shopping malls, a hospital and a new mall. In the near future, there will also be a new hotel. In November, Resorts World Singapore purchased a plot in Jurong Gateway for $238 million.
Prices of J Gateway, one of the last two new launches near Jurong East MRT station, are still well below the norms. In fact, one agent has already received over 100 buyer queries in the last three weeks. Pricing of Lakeville is reasonable compared to other Jurong East condos. Keppel Land’s Lakefront Residences, for instance, averaged $1,121 psf in the past two years.
New Launch Condos offer a lot of flexibility for buyers. You can choose your unit according to location, floor, and amenities. You can also select a specific unit if you have specific requirements. Moreover, new launches are usually upgraded with smart home facilities. Thus, you don’t have to worry about renovations or replacements of appliances.
Amber Sea is a new launch condo that offers 132 units. It is located in district 15 of Singapore and offers an exclusive and luxurious environment. It is also near a variety of shopping malls and good schools. This makes it a great place to raise a family with children. Amber Sea also offers many recreational facilities. It offers great food and shopping options. Moreover, it has a secluded pool and is surrounded by trees.
Act 3 is an exciting lifestyle in Jurong. The next architectural landmark in Jurong, it is set to feature two towers of 21 and 39 storeys and 738 units. It features a sleek and sculpted design. Residents will be able to choose from one, two, or four-bedroom units and penthouses.