Treescape is a residential project near East Coast Road.
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by: ChrisHo
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Treescape is a estate-in-fee-simple five levels, thirty units of condo apartments in the well established district 15. You will be pampered by peaceful neighbourhood and clean air each moment you return home.
Treescape’s modern façade is a beautiful sight with minimal lines and latest design combining to make the most impeccable synergy between nature and urban living.
Treescape offers many modern conveniences that contemporary lifestyle will require. Suburban retail hub plus top schools such as Tanjong KatongTao Nan Primary School are all a short distance away.
Spend your after work time and gell with your friend over recreational sporting activities or mouth watering dinner. Shop to your heart’s content at nearby boutiques or simply chill out with a coffee break at the numerous cafes that you can find in this vibrant location.
Locals and PRs who are genuine owner occupiers, along with Singaporeans not purchasing a third or subsequent home, will not need to pay the ABSD. While the number of locals who don't stop at 2 may not be many initially, the new measures mean that what's available in the pool of private property buyers might be mainly first and second home buyers for a brief period of time.
The share of mainland Chinese buyers of private homes among all non-Singaporean buyers hit a record high in the Q3 2011, as real estate cooling measures in China attracted real estate hunters here. For the 1st 9 months, mainland Chinese bought 1933 non-public homes, eight per cent more than in all of last year. Majority of the units cost One million dollar each or less. They purchased eight hundred thirty five properties in this price range, five hundred and three units priced at One million to one point five million dollar, plus sixty two units costing over Five million dollar.
The biggest barrier to property purchase is usually accumulating enough for a down payment. People think that they need to possess big savings for a down payment. However, if you've got untarnished credit, a stable job and if you are a 1st time buyer of home or have cleared all your outstanding mortgages or intending to invest in non-residential real estate then you'd only require to save up 20 % of the property price as down payment. With current's low mortgage rate, you'll be surprised to find out how cheap it is to pay for the monthly housing loan.
In tandem with the outstanding growth of the Singapore's economy in 2010, rental value for private Non-commercial properties rose 18 percent that year, in keeping with the Urban Redevelopment Authority's private residential leasing indice. Rents in the outside OCR gain the quickest in the first half of 2011 by 3.1 percent, to roughly 2 % off their previous peak levels. Rents in the CCR and RCR grew by 2.1 percent and 1.3 percent respectively in the initial half of 2011. URA's rental index gain by 5.9 percent for terrace houses and 4.8 percent for semi-detached houses in the initial half of 2011, contrasted to 16.8 percent and 16 percent respectively in 2010. Rents of both terrace and semi-detached houses have exceeded their previous top level.
Getting the loan ahead of your time has a number of necessary advantages, including knowing how much you'll be able to buy and earning the approval from the seller. By knowing how much for a property that you can afford before you start shopping, you'll do away with wasting your time browsing at unaffordable properties, and the realtors would be ready to show you the right property to suit your price range.
Treescape Development Information
Development Type : Residential
Tenure : Estate in Simple Fee
Site Area : 11,826 sq ft
Likely TOP : Feb 2016
About the Author
To read more detail about Treescape or Treescape @ Telok Kurau, you might like to go to www.hotnewproperty.sg/treescape
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