Finding the right property a challenge for investors

pic-140720-findingproperty

Finding the right property a challenge for investors (Mortgage Choice)

Finding the right property is the biggest challenge facing property investors today, new research has revealed.

According to Mortgage Choice’s 2014 First Time Investor Survey, 50.6% of investors who purchased their first investment property within the last two years said finding the right property was the hardest part of investing.

Mortgage Choice spokesperson Jessica Darnbrough said the results were surprising, especially given the current market conditions.

“With property values climbing considerably over the last 12 months, we expected to see more first time investors saying their biggest challenge was saving a deposit,” Ms Darnbrough said.

“Instead, just 15.3% said “saving a deposit” was the biggest challenge they faced when investing in property, while a further 15.5% said “choosing the right investment strategy” for their needs was the toughest aspect of property investment.”

Looking at the data, Ms Darnbrough said it was clear that Australians are quite particular about what they want from their investment property.
“They know what they want and they won’t settle for anything less,” she said.

“When purchasing an investment property, investors look for a dwelling that is not only located in the right suburb and is close to essential amenities, but also a property that is located in an area that has proven high tenant demand.

“For investors, it seems location is everything. A property that is located in a good suburb and near the necessary amenities including cafes, restaurants and local transport, is likely to attract more tenants, which can help to increase the rental income generated by the property.”

Ms Darnbrough said investors are a savvy bunch – they have done their due diligence and investigated not only what locations are attractive to potential tenants, but what types of properties are in hot demand.
“More than 60% of recent investors admitted to purchasing either a small house (1 to 3 bedrooms) or a small unit (1 or 2 bedrooms) because they know these types of properties are in the highest demand,” she said.

Just 23% of investors admitted to buying either a large house (4 or more bedrooms) or a large unit (3 or more bedrooms) as an investment property.

“Today’s first time investors are switched on. They know what their potential tenants are looking for in a property and they aren’t prepared to buy something that doesn’t meet these requirements,” Ms Darnbrough said.

“Despite the fact that the property market is running hot at the moment and there is a lot of competition out there from other buyers, it seems first time investors are happy to bide their time and wait until they find the perfect property.”

pic-140720-findingproperty2
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Source : www.mortgagechoice.com.au

5 Awesome Things To Do In Sengkang

5 Awesome Things To Do In Sengkang

5 Awesome Things To Do In Sengkang

Sengkang (meaning “prosperous harbour” in Chinese) is a relatively young satellite residential town in the city-state of Singapore. Originally a fishing village, the area is undergoing rapid development under the ambition of the Housing and Development Board (HDB) to transform it into a “21st century township”.

Here are 5 awesome things to do when you are in Sengkang.

1. Take a dip in the Sengkang Swimming Complex

Sengkang Swimming Complex - http://www.littledayout.com/

Sengkang Swimming Complex – http://www.littledayout.com/

The Sengkang Swimming Complex burst onto the Sengkang scene back in August 2008. As long as your children are at least 1.2 metres in height, they can have great fun zipping down the eight slides – multislide, free fall, speedslide and twistslides! Your younger kiddos won’t be left out either as there is a dedicated splash-and-slide area including a big bucket of water that pours down on them every few minutes. For yourself, find time to soak and enjoy the jets in the large jacuzzi pod.

The rates to enter these special feature pools under the care of Singapore Sports Council are kept affordable at $1.50 per adult and $0.80 per child/senior on weekdays, and $2.00 per adult and $1.00 per child/senior on weekends and public holidays. In other words, you can stay cool for more than a paddle in the pool with just $6 for a typical family of four on a weekend!

Location : Sengkang Swimming Complex, 57 Anchorvale Road 544964

2. Get fit at ClubFitt Gym

Gym members lifting weights at the strength training area of Sengkang ClubFITT Gym - http://www.straitstimes.com

Gym members lifting weights at the strength training area of Sengkang ClubFITT Gym – http://www.straitstimes.com

Voted by Men’s Health SG as one of Singapore’s Top 5 Neighbourhood Gyms, ClubFITT is a 355 sqm gym located in the same compound as Sengkang Swimming Complex.

It is very spacious, and allows a large amount of people to come in at the same time. The weights come in a wide range as well. The price is very affordable as well, $1.50 for those 18 and below, and $2.50 for the rest.

Location : ClubFITT Gym Sengkang, 57 Anchorvale Road 544964

3. Visit the Sengkang Fire Station

Don’t know what to do with the kids during the weekend? Consider an educational trip to the Sengkang Fire Station.

Sengkang Fire Station is Singapore’s biggest fire station. This 7,000 square meter fire station boasts a $14-million state-of-the-art facility for the Singapore Civil Defence Force. It is home to the first Immediate Response Centre – which brings together a medical company and a rescue battalion under one roof, with all their specialised equipment.

All the fire stations in Singapore are open to the public every Saturday morning from 9am to 11am.

Location : Sengkang Fire Station, 50 Buangkok Drive 545064

4. Nature trip at the Sengkang Floating Wetland

Sengkang Floating Wetland - http://www.pub.gov.sg/

Sengkang Floating Wetland – http://www.pub.gov.sg/

The Sengkang Floating Wetland measures 2400 square metres and is the largest man-made floating wetland in Singapore.

The Sengkang Floating Wetland in Punggol Reservoir helps improve the water quality and provides a natural habitat for birds and fishes. Boardwalks bring people closer to enjoy the scenic views and learn about the wetland ecosystem. The floating wetland also provides a seamless connection between the Anchorvale Community Club, Sengkang Sports Complex and the Sengkang Riverside Park.

Since the completion of the wetland, more birds and dragonflies were noticed to be attracted in the area.

Location : Sengkang Floating Wetland

5. Try Zhi Char’s Honey Sauce Pork Knuckle

Zhi Char's Honey Sauce Pork Knucle - http://sengkangbabies.com/

Zhi Char’s Honey Sauce Pork Knucle – http://sengkangbabies.com/

Whet your appetite by visiting Sengkang’s 煮炒 (Zhi Char) at 275D Compassvale Link foodcourt. You’ll be delighted by their Honey Sauce Pork Knuckle.

Another signature dish to try is their Salted Egg Prawns and their Crispy Chicken with Prawn Paste.

Location : 275D Compassvale Link

 

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Come and make Sengkang your new home!

For Sale - 311C Anchorvale Lane, HDB 5A

For Sale – 311C Anchorvale Lane, HDB 5A

For Sale – 311C Anchorvale Lane, HDB 5A

311C Anchorvale is accessible by the Tongkang LRT, Buangkok MRT, and the Sengkang MRT & Bus Interchange. And going to the city is just through the CTE and KPE Expressway.

Find your dearest enjoyment at nearby malls, community club, and sports complex.

Sengkang boasts a bevy of entertainment & leisure spots. It bringseverything at your convenience with the Compass Point Mall, the Sengkang Community Club, Sengkang Sports Complex, and the upcoming Seletar Mall.

All it is missing… is YOU.
Come and see to believe.

The 311C Anchorvale Lane. Welcome to your new home.

Unit Address : 311C Anchorvale Lane (Sengkang, SG)
Unit Size : 112 sqm (1,206 sqft)
Category : HDB 5 Rooms
Location : North-East Region
Built : 2002

URL: http://goo.gl/a2TP96

For more info, please contact:
Paul de Leon
Dennis Wee Realty Pte Ltd
CEA Reg. No.: R019100D
Mobile: +65 8180 4136
Email: pauldeleon@dwg.com.sg

8 Fun Facts About Tampines

8 Fun Facts About Tampines

8 Fun Facts About Tampines

Tampines today is a far cry from its early days as a fishing village known for its sand quarries, orchards and coconut plantations. Tampines has the distinction of being the first town in Singapore to be developed on a precinct concept in 1979 – thereby promoting neighbourliness and a sense of belonging among residents.

Here are 8 fun facts that makes Tampines ever so endearing and liveable.

1. Tampines was named after the Tempinis tree

Tempines

The Tempines tree (Streblus Elongatus) – Photos courtesy of nparks.gov.sg and tampines.org.sg

Tampines was named after the Tempinis tree (Streblus Elongatus). It is known for its durable timber. Its flowers are small and elongated, arranged in pendulous spikes or catkins.

The tree is valuable for its hard and heavy, yet flexible and durable, timber that can be used for flooring, doors and window frames. It is for this reason that large trees are now scarce.

In Tampines, the tree can be found at Blk 254 Tampines St 21, Blk 146 Tampines Ave 5, Blk 323 Tampines St 33, Blk 498L Tampines St 45, and Blk 714/713 Tampines Ave 9.

2. Tampines is the largest residential area in the city-state of Singapore

Artist's impression of an aerial view of the proposed Tampines North development. - www.hdb.gov.sg

Artist’s impression of an aerial view of the proposed Tampines North development. – http://www.hdb.gov.sg

With a total area of 20.61 km2, Tampines is home to a population of about 216,100 people.

Tampines is one of Singapore’s four regional centres (along with Woodlands, Jurong East and future Seletar ), under the plan of the Urban Redevelopment Authority. As a result, the Tampines Regional Centre serves the Tampines residents and the entire East Region.

Tampines is also the second largest commercial hub outside the Central Region of Singapore after the Jurong Lake District. It is in the East Region of the main island. The town is so named because in the 1900s (decade) a large forest of ironwood trees, or tempinis, were there.

3. Tampines has three shopping malls

The Tampines Mall. One of the three shopping malls in Tampines

The Tampines Mall. One of the three shopping malls in Tampines

Tampines has three shopping malls (Tampines Mall, Century Square, and Tampines One) to cater the wide resident base in the entire Eastern part of Singapore.

Tampines Mall and Century Square houses the Golden Village and Shaw Theatres, respectively. While boasting popular shops like Victoria’s Secret, Swarovski, and EDC.

It’s also good to mention that within Tampines, there’s the IKEA Tampines, Giant Hypermarket, and Courts Megastore at Tampines North Drive 2.

4. Tampines will have the Tampines Town Hub in 2016

Artist's impression of the Tampines Town Hub (TTH) - www.dpa.com.sg

Artist’s impression of the Tampines Town Hub (TTH) – http://www.dpa.com.sg

Tampines Town Hub (TTH) is a 120,000sqm development that will combine recreational, sporting, community and culture facilities under one roof.

This first-of-its-kind integrated lifestyle destination not only offers Tampines residents a wide range of activities and facilities – its mission is to reconnect Tampines residents together, putting the heart back in the heartlands.

5. Tampines will have three MRTs by 2017

Tampines MRT station (EW2)

Tampines MRT station (EW2)

Including the existing Tampines MRT station (EW2), Tampines will have two additional underground MRT stations of the Downtown line, namely the Tampines East (DT31) and the Tampines West (DT33).

6. There is a hidden park in Tampines

View from northern shore of Tampines Quarry - sgwalkingroutes.blogspot.sg

View from northern shore of Tampines Quarry – sgwalkingroutes.blogspot.sg

The three main parks in the Tampines are Sunplaza Park, at Tampines Avenue 7 and 9. The other parks in Tampines are mainly community areas – Tampines North Park, Tampines Leisure Park, Tampines Central Park, Tampines Park, Festival Park, Tampines Green, Tampines Tree Garden and some neighbourhood parks.

Another park is Tampines Quarry Park, which originally was a sand quarry. As time passed, rain water filled the quarry. It is the only park in Tampines that is not equipped with any facilities, but this park is still popular among residents living nearby. There are no signs to the park and there is no entrance as it is hidden among the greenery. There are hidden pathways to enter.

7. There are two giant cone-shaped structures in Tampines Road

Tampines Newater Service Reservoir - thelongnwindingroad.wordpress.com

Tampines Newater Service Reservoir – thelongnwindingroad.wordpress.com

No. These are not giant spinning tops nor concealed UFOs like in MIB. These are actually two concrete inverted cone shaped storage tanks built to each hold 8448 cubic metres of NEWater.

But who knows. Maybe they are actually landing bases for UFOs.

8. In 1992, The United Nations awarded the World Habitat Award in the Developed Country Category to HDB for Tampines town

Mr. Hsuan Owyang, Chairman of HDB, receiving the World Habitat Award trophy from Her Royal Highness, Princess Margaret - www.park.org

Mr. Hsuan Owyang, Chairman of HDB, receiving the World Habitat Award trophy from Her Royal Highness, Princess Margaret – http://www.park.org

Today, Tampines has one of the most developed regional centres which serve a wide resident base in the entire Eastern part of Singapore. In October 1992, the Building and Social Housing Foundation (BSHF) of the United Nations awarded the World Habitat Award in the Developed Country Category to HDB for Tampines town, an award recognizing innovative and successful human settlements.

 

Sponsored :

Come and make Tampines your new home!

For Sale - 277 Tampines Street 22 (HDB, 4-Room)

For Sale – 277 Tampines Street 22 (HDB, 4-Room)

For Sale – 277 Tampines St 22, HDB 4A

Imagine your mornings to simplicity. Wake up everyday to being happy.

Start your day to being healthy.
277 Tampines St22 is just nearby the Tampines Changkat Community Club where you can enjoy the open area for exercise machines, full-length basketball court and street football court

Be where you have to be early.
277 Tampines St22 is just steps away from the Griffiths Primary School, The Holy Trinity Church, and 500m from the Tampines MRT. Accessible by the PIE, ECP, and TPE highways.

Enjoy life abundantly.
With 3 nearby malls, Tampines brings the city just at your arms reach. Go shopping, enjoy the cinemas, do your groceries, and dine at your favorites. All yours to choose from.

Come and see to believe.

The 277 Tampines St22. Welcome to your new home.

Unit Address : 277 Tampines St 22
Category : HDB 4 Rooms
Unit Size : 104 sqm (1,119 sqft)
Location : East Region (Singapore)
Built : 1985

Viewing : Call 8180 4136

URL: http://goo.gl/S8EUIe

For more info, please call:
Paul de Leon
Dennis Wee Realty Pte Ltd
CEA Reg. No.: R019100D
Mobile: +65 8180 4136
Email: pauldeleon@dwg.com.sg

11 Awesome Then & Now Photos of Metro Manila

11 Awesome Then & Now Photos of Metro Manila (FilipiKnow.net)

We can never turn back time but if it’s any consolation to us, there are vintage photos of Manila that we can still look at to relive the city’s glorious past. Although change is the only constant thing in the world, it is imperative for everyone to look back, appreciate our history.

Here are side-by-side comparisons showing how Manila has evolved throughout the decades.

1. Plaza Moraga, Binondo, Manila

Plaza Moraga, Binondo, Manila – filipiknow.net

2. Monte De Piedad Building (now Prudential Bank Building)

Monte De Piedad Building (now Prudential Bank Building) – filipiknow.net

3. Life Theater (now Villonco Building)

Life Theater (now Villonco Building) – filipiknow.net

4. Calle Rosario, Binondo (now Quintin Paredes Street)

Calle Rosario, Binondo (now Quintin Paredes Street) – filipiknow.net

5. Quiapo Church (Minor Basilica of the Black Nazarene)

Quiapo Church (Minor Basilica of the Black Nazarene) – filipiknow.net

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Source : FilipiKnow.net

Come visit the Philippines and get to know more about Manila.

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The Orchard Tower Manila, Philippines - "A Great Investment at the heart of the Philippine’s trade & commerce"

The Orchard Tower Manila, Philippines – “A Great Investment at the heart of the Philippine’s trade & commerce”

The Orchard Tower Manila, Philippines

A Great Investment at the heart of the Philippine’s trade & commerce

“Divisoria: Bargain Haven” is a historic commercial center that dates back during the early Spanish period where non-Christianized Chinese where forbidden to live or trade inside the nearby Intramuros, the Spanish capital.

The Chinese merchants eventually setup their own community in present-day Binondo (the oldest Chinatown in the world, est 1594), and has continued to thrive by becoming a major drop-off center for trade goods coming in from different countries and various provinces.

The Orchard Tower is a master-planned in-city mixed-use condominium development, conveniently located at the heart of Divisoria. This medium-density 12-storey project is designed to be energy efficient, allowing more natural sunlight into each unit and providing greater air ventilation.

– 201 Residential units with Furnishings
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