stirling residences

Top Reason to invest on the latest Stirling Road Condo

Singapore: You could be reading this if you come across the recent Stirling Road’s billion-dollar deal! By the end of 2017, a billion-dollar bid was triggered and won by both Logan Property and Nanshan Group. Queenstown will be preparing to showcase one of Singapore’s largest and finest residential project, the Stirling Residences.

It remains within the historical Queenstown Planning Area and you will see more than a thousand new apartments propping up in this area very soon. Developers were keen on building stunning condominiums in this central district and these beautiful architectural was carefully designed to complement the neighborhood’s mature and stylish nature. Every single home purchaser will have the opportunity to live in a property that redefines luxury and serenity.

As mentioned above, this is the largest and highest residential bid seen in the whole Queenstown estate. The piece of land involved in the open tender belonged to the city state and through the Government Land Sales Programme, this huge plot of land was sold to Logan Property and Nanshan Group in a joint venture effort. The struggle to secure this site was tedious and in order to win, Logan Property and Nanshan Group had to put up a tough fight against other heavyweights. According to other reports, the land parcel was sold for $1.003 billion and this project will spread across an impressive 230,000 square feet of land area.

Stirling Residences will be a great residential development encompassing everything a family need and it is an ideal investment option for both the young and the old. This huge project features more than 1 swimming pool, lush landscaping, bbq pits, tennis court, childcare centre and more!

These are the few ancillary facilities that will make your stay at home a blissful one. When it comes to the many different apartment layout here, purchasers will have the freedom to choose between one to five bedroom type. Every unit was carefully designed with space and luxury in mind. Developers have not compromised space anywhere for both big and small families! So, fear not!

What is around Stirling Road?

When it comes to comparing the neighborhood amenities, very few other places can really stand up to the generous Queenstown and it is really an exceptional private enclave to begin with. The moment you decide to reside in Stirling Residences, you will be able to enjoy the full benefits of being a part of this community. Whether you’re looking for authentic local food or a place to acquire clothing, Queenstown has it all.

To be more precise, it has something available for everyone in the family. Novelty retailers near your home would be the NTUC and Cold Storage. These hypermarkets will help you with everything and anything under the sun. Above all, you are not even required to walk far for them or even drive to reach these places.

Connectivity around Queenstown

Location is one of the key selling features along Stirling Road. Central Business District and the Downtown Core is hardly few stations away from the development site and you will be able to reach many other commercial areas within two to three train stops including our internationally recognized Orchard Road Shopping Belt! For many savvy investors, this is an almost irresistible deal and the top reason to purchase the latest Stirling Residences.

Singapore's Real Estate Market

All That You Have To Know About Singapore’s Real Estate Market

In case if you are interested in understanding the global real estate market or interested in the economic affairs of Singapore you are at the right place. Real estate market is the housing market of Singapore. Most of the times we mistake real estate as a field that is tough and hard to interpret. But that is not the reality. By understanding a few things like market fluctuation, the influence of money market and share market in housing market and the demand and supply chain of investors and sellers, we can easily understand how the real estate market functions. In the event of understanding real estate of the global platform, it is imperative to know about the Singaporean Economy and the influence of housing market on it.

Singapore's Real Estate Market

Here are the few things that you have to understand about the real estate market in Singapore:

The Singapore’s real estate market includes all sorts of investments that people make in condos, apartment, independent houses, flats, lands and much more. All these put together will have an impact on the economy of Singapore. This sets the trend of the real estate market. If you have you understand the housing sector in Singapore there is one thing that you have to know mandatorily. It is the public housing system that widely exists in Singapore.

Singapore and public housing:

In case if you didn’t know earlier, more than 80% of the people who live in Singapore live in government housing sectors. These sectors that are taken by the government authorities are called Housing Development Board. There are about 23 town and 3 estates that are spread across the island. The 23 estates that are located on the island comprise of more than a million houses. The best part about being in a housing development board is that they are well developed and so cool for accommodation. They are vibrant and affordable as well.

The idea of government housing system came as a result of the homelessness the people of Singapore were going through before the 1980s. The whole world is well aware of the fact that Singapore is an island that saw steadfast development in a couple of decades. From the state of being an under-developed state, it is now a developed nation that highly contributes to the world economy. The GDP of the nation stands at 18.2, which as of 2017 is 3 fold higher than the GDP of India. So back to our point, the idea of development came in the year 1964. From then on there is no turning back. The best part is that it is affordable for people who belong to the different section of the economy.

The popularity and the win-win situation that is created by the government, makes people highly welcome the idea of Public housing. So as far as the world knows, it is the idea of public housing that has made the housing markets of Singapore highly successful.