新加坡豪宅公寓 Beautiful Homes by Andy

11/10/2024

ANALYSIS: The impact of the Federal rate cut on the housing market

SINGAPORE (EDGEPROP) - Last month, the Federal Reserve cut its interest rates by 50 basis points, bringing the key lending rate to 4.75% to 5%. The last time the Federal Reserve cut its rate was in March 2020, when it reduced the rate by 100 basis points to 0% to 0.25%. Since then, the rate has been gradually increased, reaching 5.25% to 5.5% in July last year.
The Federal Reserve typically cuts its rate when the US economy needs stimulation and raises it when the economy is overheating. As such, the recent rate cut was expected, but the size of the cut was larger than anticipated.
In this article, we examine both the immediate impact of this rate cut on homebuyers in Singapore and its longer-term implications.

How does the rate cut affect you?

11/10/2024

Singapore’s Condo Price Surge is influencing buyers’ decision making in a constantly changing housing market

Buyers are betting big on the future of Singapore’s property scene despite cooling measures and uncertain economic outlook.

Buyers are betting big on the future of Singapore’s property scene despite cooling measures and uncertain economic outlook.

08/10/2024

URA rejects Frasers Property-led bid for Media Circle long-stay serviced apartment site, citing low bid price

This is the third residential GLS site that the government has not awarded this year.

08/10/2024

Low Keng Huat offers final 14 units at Klimt Cairnhill from $3,435 psf

Luxury condo Klimt Cairnhill previewed in August 2021 and was officially launched in January 2022. Since then, only 14 of the 138 units in the freehold condo are available for sale. They are all three-bedroom apartments.
Klimt Cairnhill’s developer, Singapore-listed property group Low Keng Huat, is offering a “one-price promotion” for five of the 14 units. These are the 1,432 sq ft units spanning the 19th to 23rd floors of the 36-storey tower. The “one-price promotion” offers a flat price of $5.138 million or $3,588 psf for each unit across all five floors. There is also one remaining 1,432 sq ft unit on the 10th floor, priced at $4.92 million or $3,435 psf. “These units should appeal to quantum-sensitive homebuyers,” says Alvin Teo, executive director of Low Keng Huat.

Three-bedroom apartments make up 51 units at Klimt Cairnhill, with sizes of 1,432 and 1,496 sq ft. The 37 units sold to date have ranged from $4.85 million ($3,388 psf) for a sixth-floor 1,432 sq ft apartment to $6 million ($4,010 psf) for a 1,496 sq ft, 28th-floor apartment.

Read also: Klimt Cairnhill’s two- and three-bedders target locals after cooling measures
“Right from the start, Low Keng Huat was swift to respond to shifting market conditions and release units based on demand at that point in time,” says Teo.
In the first phase of its launch, the four-bedroom apartments and penthouses were the most sought-after units in the development. It was in the post-Covid-19 era that fueled the desire for bigger units with more bedrooms.

“One-price promotion” for five high-floor units at a flat price of $5.138 million or $3,588 psf

11/04/2024

What a whirlwind last couple of months!

HDB sold ✅
Rental place found ✅
New home OTP exercised!!! ✅

We have finally exercised the purchase of our dream home @ Pinetree Hill! Nestled in a quiet corner of Pandan Valley, this 520-unit project is developed by UOL & Singland. I have always liked the developer’s projects such as Principal Garden & Riverbank @ Fernvale, and Pinetree Hill just gives me similar vibes.

Pic 3 is shows the current construction progress as at April 2024. The foundation has been called for block 32 already, while blocks 28 and 30 will be due soon.

Why did we choose Pinetree Hill instead of [insert project name]? Come kopi with me, I tell u …. 😜

08/02/2024

My turn to say farewell to my old place at Mei Ling Street!

60 over boxes of clothes + miscellaneous stuff!! OMG

Took us 3 days to unpack and now the living room is finally free of excess items and boxes. The old place has served us for more than 10 years and bought us a lot of happy memories.

I will miss the convenience at Queenstown where the MRT stn & Mei ling hawker is just down the block. As I leave Queenstown earlier today after collecting a few more remaining stuff, I can’t help but think about how the estate has changed over past 10 years. The old building besides the MRT was torn down (that’s where I renewed by PDL countless times), the Queenstown cinema was demolished, and new condos Commonwealth Towers & Queens Peak took its place. There’s a new Margaret drive hawker centre which just opened 1 year back. And there’s new BTO developments being built at Queenstown Canopy along Queensway. The pace of renewal and modernisation of our estates nowadays …. 🥲

Having said that, I couldn’t be happier in my new rental place , where I’ll probably stay for the next 3-4 years. For the past few days I took the chance to walk / run around the neighbourhood, exploring the places where I used to drive around but never had the chance to explore on foot. The Downtown Line (blue line) is my new fave line! It goes to MBFC, sim lim sq (Rochor), and there’s this stretch from botanic mrt to Little India mrt where it connects to all the other lines… took MRT to sim lim sq the other day and from end to end it took me only 25 mins. Definitely not complaining if I can leave the car at home some days…

Meilinglander signing out…

05/01/2024

LAUNCHING TOMORROW‼️

𝗧𝗛𝗘 𝗔𝗥𝗖𝗔𝗗𝗬 𝗮𝘁 𝗕𝗼𝗼𝗻 𝗞𝗲𝗻𝗴 🏡

𝑨 𝑮𝒂𝒓𝒅𝒆𝒏 𝑯𝒐𝒎𝒆, 𝑨 𝑯𝒐𝒎𝒆 𝑮𝒂𝒓𝒅𝒆𝒏 🪴

🌟 Freehold at 99yr Pricing in City Fringe
🌟 6min Walk to Boon Keng MRT
🌟 Reputable schools within 1km - Hong Wen School, St Andrew’s Junior School, Bendemeer Primary School
🌟 Exclusive 172 Units - 1+Study to 4 Bedroom Penthouse

𝑳𝒂𝒖𝒏𝒄𝒉𝒊𝒏𝒈 𝑺𝒐𝒐𝒏!
✍🏻 Preview: 6 Jan 2024
✍🏻 Booking Day: 20 Jan 2024

Contact me for more information or to register for VVIP viewing today!

Andy Lim

07/03/2023

Happy to close a 2 bedroom condo at Holland Road with bro Leon!

I was first acquainted with the buyer when I was helping her family rent out their condo. Shortly after, I was entrusted to assist her in finding a home near her workplace. We eventually found a nice quiet condo in the vicinity of Holland Village. Freehold, with a good sized kitchen and living area. A big bonus is that the construction from the nearby BUC condo is also winding down!

Special thanks to my cobroke Leon. He sustained a bad fall from his holiday, and yet he still gamely walked with us around the entire condo 2x, talking and limping at the same time. Get well soon bro.

When heavenly kings meet, great things happen. 🥶

16/01/2023

KLIMT CAIRNHILL
Super Starbuys Promo, up to $680,000 Discount!
Very Attractive Entry Price to Own a Freehold Development in D9

🏘 FROM $3,197 PSF!
Percentage changes in Prices:
#18-01:
Old: $7,985,000 / $3884psf
New: $7,380,000 / $3590 psf
difference: $605,000 / 7.58% ⬇

#32-01:
Old: $8,470,000 / $4,120psf
New: $7,790,000 / $3789psf
difference: $680,000 / *8.03%*⬇

Contact our team today at wa.me/6597511801

16/01/2023

Undervalued Freehold Development in Newton from $1.4x mil!
The Atelier
• Walk to Newton MRT
• 120 Exclusive Units of 1-4 Bedroom
• Within 1KM of Anglo-Chinese School (Junior & Primary) & SJI Junior
• By S'pore Listed, Bukit Sembawang
Let me know if you want a copy of the floor plans and price list or visit the showflat. I can show you around.

Contact Andy at
wa.me/6597511801

16/01/2023

Pleased to be able to assist my buyer & his family purchase a beautiful 4 bedroom unit at Cairnhill 16! This project has an unblocked view in an exclusive address in the heart of orchard road!