|
68, 76, 78, 80, 82 Bayshore Road
906 units. Condominium. 99 years leasehold. Completed: 2003
District: 16
2-bedroom: 88 sq m
3-bedrooms: 114 - 125 sq m
4-bedrooms: 137 - 145 sq m
Penthouses: 185 - 244 sq m
FOR INVESTMENT BUYERS - excellent investment in a water-fronting,
modern condo. Many units are sea fronting. Breezy, bright bright
apartments.
Good
for investors who want one of the few water-fronting modern
condos in Singapore. Around 10 minutes' drive to the Changi
International airport and 10 minutes' drive to Suntec City
(financial district). A 2-minute walk to the East Coast Park - a
large area of greenery for cycling, jogging and swimming. Many sea
fronting food and beverage joints. Breathe in the fresh and
strong sea breezes.
CONDO FACILITIES
- Extremely impressive layout
of facilities.
- Swimming pool
- Sauna
- Gym
- Jacuzzi
- Tennis courts
- Playground
- Putting green
- BBQ
- Clubhouse
- 24 hours security
SUBWAYS.
Bedok MRT station (EW 5)
315 Upper Changi Road Singapore 467347
Tanah Merah MRT station (EW 4)
920 Upper Changi Road Singapore 467356
A feeder bus will bring you to the above subways. They are around 2
km away.
SHOPPING MALLS
Siglap Shopping Centre
903 East Coast Road Singapore 529509. Supermarket (Cold
Storage) has all that is needed by the residents.
FOREIGNERS CAN BUY
Tel: +65 9668-6468 or e-mail
judy@asiahomes.com
In general, the gross rental income (annual gross rental
income/purchase price) from most of the Singapore investment condos
that can find tenants within 6 months, is 3%.
Most foreign investors are buying for political stability, a
clean government, no legal disputes in ownership titles, no
vandalism and damage to property if there is no tenancy. Also
security and good management by the management corporations.
They are betting on capital gains without capital gains tax, if the
keep the condos more than 3 years or for the longer term. Two world
famous big casinos are being built in the next few years and these
will bring in more foreign investors who want stability and security
in their property investments.
INVESTMENT UPDATE AS AT MARCH 2011
In 2006, the advantages are a stable country in the midst of fast
growing region. No capital gains tax if you are not trading.
Property prices relatively low in 2006.
In 2011, there is an increase in prime location higher value/upscale
condos as there was a strong demand from foreigners from various
countries in China, Europe, Australia, Indonesia and Malaysia.
Property prices have been down for the past 10 years while the
regional properties have had shot up. |