Latest Posts

Botanique @Bartley: Unique 3-Bedroom Flexi unit

- July 31, 2015 9 Comments

During our visit to the sales gallery of Botanique @Bartley last week, the wife and I had come across another 3-bedder variant that we thought is rather unique. This is the 3-Bedroom Flexi (Type C2), which at 1,130sqft, is a tad larger than the 3-Bedroom Premium that we had reviewed earlier.

What is so special about the 3-Bedroom Flexi is that it has TWO separate entrances into the unit - we are not talking about the typical "front" (into the living area) and "back" (into the kitchen or yard) doors that you find in higher-end apartments. And this is also unlike most "dual-key" unit these days where the "granny flat" is part of the main apartment and shares the same main entrance/exit. What you get with the 3-Bedroom Flexi is really two separate and distinct entrances - one into the living/dining area of the main apartment and the other directly into the "granny flat", with both inter-connected by an access door within the apartment. As such, owner can, for example, rent out the "granny flat" and not have to worry about your tenant intruding into your own portion of the apartment as long as you keep the inter-connecting door locked. Also an excellent way to house your noisy/messy/too-old-to-stay-with-parents-but-not-old-enough-to-move-out child.

The wife and I were told that Botanique @Bartley might be the last project that URA would approve of such unit configuration as it falls within the "grey area" of whether it is actually one or two units, which brings into questions of stamp duty, ABSD etc.

And as could be seen from the photos we took of the "granny flat", this is a rather good-sized and self-contained section of the apartment. It has its own bathroom, kitchenette area and even water in/outlet for installing of washing machine in the the balcony area.  

..

..

And standing in front of the entrance into the main apartment, the living and dinning area seemed far bigger than the one we saw in the 3-Bedroom Premium unit.


The kitchen is equally small though and yes, we did notice the windows this time!

The common  bedroom looked fairly decent sized but this might be on account of the fact that the wardrobe was removed (and the non standard-sized beds). The common bathroom is similar to what we saw at the Premium unit, but not "pseudo en suite" this time.

..
The master bedroom also looked somewhat larger than the one in the Premium unit - either that or our eyes were skewed after looking at one too many showflats. The master bathroom is an exact replica on the one we saw in the Premium unit.

..

Overall speaking, the wife and I are pleasantly surprised with the 3-Bedroom Flexi as it actually looked and feel much more spacious than the 1,130sqft that it supposed to be. This might be down to the optimal use of space and the good unit layout, and the fact that it has one lesser bedroom (remember the tiny bedroom in the Premium unit?). We also loved the idea of  the "dedicated granny flat", which allows you the luxury (or some may say, just the perception) of owning two "separate" units.




  

Our "headline story" on the private real estate market

- July 29, 2015 No Comments

The three news reports that the wife and I had come across yesterday had allowed us to build a nice little "headline story" on the current state of the private real estate market:

Private resale still sliding in June, led by shoeboxes...

Resale prices of private homes fell again in June, according to Singapore Residential Price Index (SRPI) estimates released on Tuesday (Jul 28).

The SRPI, compiled by the National University of Singapore's Institute of Real Estate Studies, showed overall prices declining 0.3% in June from the previous month. In May, prices fell 0.6% from a month earlier.

Prices of small units, which have a floor area of 506sqf or below, fell 1.1%. Prices of homes in the non-central region, excluding small units, fell 0.9% in June from May, the findings showed.

Prices of homes in the central region, excluding small units, bucked the trend, rising 0.3% from the previous month, according to SRPI.

While market sentiment remains weak...

Market sentiment in the real estate industry remained weak in the second quarter of this year, according to a poll of 64 industry players conducted by the Real Estate Developers' Association of Singapore (REDAS) and the National University of Singapore (NUS).

The sentiment index stood at 3.9, inching up from 3.8 in the previous three months. A score under five indicates deteriorating market conditions, while a score above five indicates improving conditions.

The residential and prime retail sectors were the worst performing, while the business park/hi-tech space sector was the best performing. Looking ahead, the Future Sentiment Index - which measures sentiment for the next six months - also increased, to 4.0 from 3.7 in the previous survey.

The survey showed that developers are not likely to hold back on their residential launches. Close to 75% of the developers surveyed said they expected new launches to increase moderately and/or hold at the same level in the next six months. On price changes, 52.4% of the developers said they anticipated a moderate decrease in residential property prices in the next six months. 

More than 73% of the respondents said the slowdown in the global economy, rising inflation and interest rates would adversely impact market sentiment in the next six months. Only 26.6% cited Government cooling measures as a potential risk to negatively affect sentiment in the market. 

And interest in EC continues to be tepid!

The response to the latest batch of executive condominium (ECs) projects has been tepid, with about 2,200 EC units remaining on the shelves as of June 2015, the highest in almost a decade.

The largest EC development to date, Sol Acres, received 800 e-applications for the first 707 of its 1,327 units, when subscription closed on Sunday (Jul 26). Booking will open for the 707 units on Aug 22.

The Brownstone EC, located along Canberra Drive, sold just under a third of its 638 units in the opening weekend. The Brownstone's developer CDL said the units were sold at an average of about $810 psf, with prices starting from $596,000 for a two-bedroom, $695,200 for a three-bedroom, $835,200 for a four-bedroom and $1.316 million for a penthouse.

In a statement, it added that the three- and four-bedroom apartments enjoyed particularly good take-up rates. All six of the five-bedroom penthouses have been sold out. About 65% of those who purchased units at The Brownstone were first-time buyers, CDL said.

Developers of The Vales EC, which opened for booking more than a week ago, sold about 100 units, less than 20% of the total 517 units. Developer Singhaiyi said most of the units sold are the three- and four- bedroom units.

In November last year, developers of Lake Life EC sold more than 95% of the units in just two days. Since then, response in the market to new projects has been less than warm. Market watchers said it is a sign that recent projects are adding to the pool of unsold units.

Nicholas Mak, executive director of research and consultancy at SLP International Property Consultants said: "During the heyday of the EC launch market that was in 2011 to 2013, the number of e-applications each EC project can sometimes achieve is double of the number of units available.

“One of the reasons why the demand was strong was also because of rising HDB resale and condominium prices. When prices of the mass market condos are rising very rapidly, it begins to go out of reach of some HDB upgraders who will then turn to the EC market as an alternative. But right now, the prices of mass market condominiums are sliding and HDB resale prices are also fairly stagnant."

Market watchers also said the 30% mortgage servicing ratio cap and resale levy imposed on second-time buyers have also curbed demand. Second-timers have to pay up to $50,000 levy when buying an EC unit.

"For an EC project, typically the number of second-timers is about 50% , so definitely the resale levy has hit them quite hard,” senior manager of research and consultancy at OrangeTee Wong Xian Yang said.

With talk of an impending increase in the income cap for EC buyers, analysts said this could provide some respite for the EC market.

CEO of Century 21 Singapore Ku Swee Yong said: "Revising the household income cap on EC market would definitely help to increase the demand. But a family with household salary of $13,000 or $14,000 might also consider the ample supply of private properties."

Analysts also said this is especially so if mass market condominiums are reasonably priced. For instance, buyers were quick to snap up units at High Park Residences condominium in Fernvale, which average below $1,000 psf. Almost 80% of the 1,390 units have been sold.
Sources: CNA
  




Botanique @Bartley (Review) - Error made, we bad!

- July 28, 2015 3 Comments

One of our readers has written to point out that there are windows drawn into the floor-plan of the 3-Bedroom Premium unit that we had reviewed yesterday. This made the wife and I wonder if we had made a mistake on this.

And true enough, we did! As you can see from the enhanced photo below, there are windows in the kitchen after all.

The wife and I must still be smoking on whatever that we had been smoking when we were looking at kitchen yesterday and we do apologize for the error.

On a separate subject, we have also done a check on recent transactions at Bartley Residences and discovered that there has not been any sub-sale concluded over the past two years while the transacted prices thus far have not been higher than the low $1,300s. As such, it'll be interesting to see if the so-called "owners at Bartley Residences are reselling at between $1,500 - $1,800" would come to fruition...






Botanique @Bartley (Review)

- July 27, 2015 No Comments

The wife and I were traveling along Macpherson Road yesterday and lo and behold, the sales gallery of Botanique @Bartley was staring at our faces as we drove towards Paya Lebar Road. Imagine our surprise as we have always assumed that the gallery would be located nearer to the actual site of the project.  


For the uninitiated, the actual site of Botanique @Bartley is located on a corner plot where Bartley Road meets Upper Paya Lebar Road and next-door to the soon-to-TOP Bartley Residences.


The sales  gallery/showflat, however, is located on an empty plot just before the intersection of Macpherson Road and Paya Lebar Road. 

And since we are already here, the wife and I decided that we might as well go in and have a look!

Botanique @Bartley is a project by UOL Limited which consists of 797 units spread over nine 17-storey towers. It sits on a triangular-shaped plot of about 221,000sqft that slopes gradually down towards the Bartley Road/Upper Paya Lebar Road crossover. The currently expected TOP of the project is in 2019.


The 99-year leasehold development has apartment types ranging from 1-bedder to 3-bedroom Premium (or what's commonly known as "3+1"). For those who need 4 or more bedrooms or are looking to buy penthouses, you may wanna give this one a miss.


Entry into the development would be from a slip road along Upper Paya Lebar Road. And as one would expect, Botanique @Bartley is your typical "full facility" project so you get the usual bells and whistles plus a few additional surprises such as a tennis court, which is absent from many new launches these days (as it occupies a fair bit of real estate) and the hilltop clubhouse with its private dining room - something that would be rather useful as you would soon realize why.

Parking wise, there would be a total of 803 lots (inclusive of 6 handicapped-lots) so it's basically the "one lot per apartment" gig that you get with new projects these days. And since there is no provision for visitor's lot, your friends whose coming to visit would be best advised to take public transport else they might have to try their luck with street parking outside the development.

..
The wife and I also noticed that Botanique @Bartley had supposedly garnered quite a few Asia Pacific property awards, which the developer have proudly displayed in the sales gallery.

We were also told by the marketing agent that the project has already sold about 460 units (i.e. more than 50%) to date, despite some stacks not released for sale yet. However, those sold are mainly the smaller 1- and 2-bedders.

.
For the purpose of this review, we would focus on one of the larger apartment type - the 3-Bedroom Premium (Type D1) unit, which is more commonly known as the "3+1" unit type. 

At 1,033sqft, the first word that came to our minds is SMALL - which (sadly) would be a recurring theme in this review. 


The first area that greeted us is the living/dining area, which despite being rectangular in shape (which is good), is probably just half the size of the living room of our current apartment (which is bad). So everything inside has to be small - from the sofa to the dining table, and you would probably not be doing a whole lot of big entertaining in your own home as hosting more than 6 people would make things a tad claustrophobic and as such, this is when the private dining room in the hilltop clubhouse would come in handy. The ceiling height at 2.85m is also nothing much to be excited about.

However, one consolation is the good-quality marble floor that that comes with the unit, which is a pleasant surprise especially when even the higher-end projects (e.g. d'Leedon and Sky Habitat) these days have homogeneous-tile flooring.

The kitchen is again a narrow strip of area but the biggest problem we have is not with its size rather the lack of window for ventilation, which means the smoke/smell of your cooking has no escape other than into the living room and laundry area  However, the poor kitchen design (* Please refer to our blog post dated 28/7/2015 *) but this is compensated somewhat by the high-end kitchen appliances (from Smeg) and the extra frills (e.g. Smeg coffee maker and Vintec wine fridge) that are provided. 

There is no yard to speak of but you do get a laundry area located at the end of the kitchen where you could house the wash machine and build some storage cupboards (the ones you see in the photo are not included).

....
The laundry area opens on the right into a small toilet (which is similar to the ones you usually find in most yard areas) which in turn allows you access to the "plus 1", which is a small room that would probably be used to house the domestic helper or as a study. Although we had termed this room "small", it is actually very generous if used as helper's accommodation and best of all, it also comes with proper windows - which you usually don't find at other projects. The wife and I also liked this unique design as it provides you with an additional "pseudo en-suite" bedroom.

....
The two common bedrooms are (you guessed it) small - the photos actually paid them more compliments than they deserved in terms of size.

One of the bedroom is again "pseudo en-suite" as it is linked to the common bathroom -  a feature we liked - but you would have to always remember to lock the other access door from the walkway to prevent the wrong kinda exposure when you are using the toilet from within the bedroom. 

We also liked the good-quality flooring in the bedrooms, which we were told is made of American White Oak.

....
The common bathroom is of adequate size and comes with a large set of windows for ventilation but it is not handicapped friendly as you are unlikely to be able to maneuver a wheelchair inside.The wife and I liked the color combination of the floor and wall tiles while the bathroom fittings (from Keramag and Hansgrohe) are not too shabby either. Alas, a rain-shower system would have make things complete.

...
The master bedroom will only leave you with walking space after fitting-in a King bed but you do get a monster-sized (compared to most other new projects anyway) wardrobe that should reduce the need for couple to argue over "who should get what space". 

The master bathroom is almost an exact replica of the common bathroom in terms of look and feel but you do get the "rain shower" and a wall-mounted toilet with this one.



...
Pricing wise, there are only 4 stacks of 3-Bedroom Premium apartments in Botanique @Bartley and below are samples of prices for selected units in Stack #3, which is considered the best stack given its full pool-facing view: 
- Unit 16-03: $1.426 million or $1,380psf
- Unit 12-03: $1.407 million or $1,362psf
- Unit 03-03: $1.367 million or $1,323psf

What we like:

1. Despite its small size, the apartment's layout is fully optimized and very functional.

2. You get not just one but THREE en suite bedrooms (albeit the other two being "pseudo en-suite"), which is definitely a strong selling point.

3. The good quality furnishing and fittings, which are akin to what you would expect from high-end projects.

4. Proximity (about a 5-minute walk) to the Bartley MRT station via a side-gate along Bartley Road. 

5. The competitive pricing (both in terms of psf and quantum), which might account for the strong sales so far - the marketing person had kept harping on the fact that the fully-sold Bartley Residences that's next-door are currently reselling at around $1,500 - $1,800psf, which means you would already have made a paper-profit immediately upon purchase. 

What we do not quite like:

1. Everything just screamed of "small" when comes to the 3-bedroom premium unit at Bontanique @Bartley - Call us "spoiled" if you wanna but the wife and I just couldn't imagine our family of 4 calling an interior space of about 1,000sqft "home". I have told the wife in jest that she would either be left with just a husband OR son as only one of us would probably survive after strangling each other over excessive noise output! 

2. No window in the kitchen means the house would become a mini gas-chamber and smell like what you cook. And making Kung Pow Chicken would probably be a bad idea! (* Please refer to our blog post dated 28/7/2015 *)

3. The lack of a proper yard or laundry drying area would mean that you would have to invest in a washing machine cum drying or alternatively, hang your laundry out to dry at the balcony. However, the wife and I were told that the development would have a laundromat so that might be the solution to all your laundry woes. 

4. The lack of shelter from the development to Bartley MRT station would necessarily mean that it would either be a hot+sweaty or wet+bothered walk to the MRT.

5. The traffic along Bartley Road and Upper Paya Lebar Road are heavy especially during the morning and evening rush hours and as such, owners of units that face these busy stretch of roads would either have to be immune to traffic noises or keep their windows shut most of the time. 

6. The wife and I could only identify one school - Maris Stellar High (Primary) - that is within 1-km of Botanique @Bartley. This may be a consideration for some parents when comes to primary school registration.



Our parting shot

The wife and I felt that Botanique @Bartley is indeed a quality project priced at reasonably attractive psf and quantum. As such, it would definitely warrant a visit by prospective buyers... provided that they are comfortable with small living spaces.


Private home prices down for 7th consecutive quarters: URA

- July 24, 2015 No Comments

Prices of private residential properties in the second quarter fell by 0.9% from the previous quarter – the seventh consecutive quarter of decline, the Urban Redevelopment Authority (URA) said on Friday (Jul 24).

The price decline was observed across all segments of the private residential property market, URA said. Prices of non-landed properties in the Core Central Region (CCR) and Rest of Central Region (RCR) declined by 0.6% from the previous quarter, while prices in the Outside Central Region (OCR) fell by 1.1%. Prices of landed properties declined by 1%.

Rentals of private residential properties fell by 1.1% from the previous quarter, compared with a 1.7% decline in the January to March period.

Developers launched 2,099 uncompleted private residential units excluding Executive Condominiums (ECs) in the second quarter, up from the 1,189 units launched in the previous quarter, URA said. A total of 2,116 private residential units (excluding ECs) were sold by developers during the quarter, compared with 1,311 units in the first quarter.

A total of 480 EC units were launched during the quarter, and 439 units sold over the same period, up from the 326 units sold in the previous quarter.

The number of resale transactions rose to 1,827, up from the 1,250 transactions in the first quarter. Resale transactions accounted for 44.5% of all sale transactions during the quarter, compared with 47.1% in the previous quarter.

There were 161 sub-sale transactions, up from the 94 transactions in the previous quarter. Sub-sales accounted for 3.9% of all sale transactions, up from the 3.5% recorded in the previous quarter.

As at the end of the second quarter, there were 61,237 uncompleted private residential units (excluding ECs) in the pipeline, compared with 68,201 units in the previous quarter. Of this number, 24,435 units remained unsold. Adding the 14,701 upcoming EC units, there are a total of 75,938 units in the pipeline, according to URA.

Based on expected completion dates reported by developers, 13,191 units (including ECs) will be completed in the second half of 2015, URA said. Another 25,841 units (including ECs) are expected to be completed in 2016.

Source: CNA


Too early to lift property curbs: MAS chief

- July 22, 2015 No Comments

The moribund housing market may have set off a chorus of voices calling for the property cooling measures to be relaxed, but Monetary Authority of Singapore (MAS) managing director Ravi Menon said it is premature to do so as the price correction has been modest, putting paid to hopes among developers and homeowners of a market rebound.

“Property prices have softened somewhat, but like I said last year, in the context of the price increase that had occurred - 60% over three years - the softening we have seen is really not all that much. So, it’s still premature to consider removing any of the cooling measures that are in place,” Mr Menon said on Monday (Jul 20) at the media briefing to release the central bank’s annual report.

Housing prices began their sharp climb in the middle of the 2009 as confidence returned to the market after the global financial crisis, before reaching their peak in the third quarter of 2013. The market has since fallen steadily but gradually after the MAS introduced in June that year the Total Debt Servicing Ratio framework for property loans to strengthen credit practices by financial institutions and encourage prudence among borrowers.

According to flash estimates released by the Urban Redevelopment Authority (URA) earlier this month, prices of private residential properties fell by 0.9% in the second quarter, marking the seventh continuous quarter of price declines since the record high in 2013. However, prices have corrected less than 7% from their peak, and hence, the cooling measures introduced in 2009 such as the additional buyer’s stamp duty (ABSD) and the seller’s stamp duty are unlikely to be rolled back.

Mr Leong Wai Ho, economist at Barclays, said: “It is fair from the point of view of a policy stance aimed at re-engineering home affordability. The property market cooling is happening in an orderly fashion, and it is prudent to allow this to continue.”

Mr Ku Swee Yong, chief executive of property firm Century 21, said Mr Menon’s latest remarks came as no surprise. “Based on the still-strong reaction from developers to Government Land Sale tenders and the decent response to some of the new launches, this is probably not the correct time to be easing curbs,” he said.

Mr Menon’s remarks mirror those of Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam, who said in October last year that “prices have some distance to go in achieving a meaningful correction”. Earlier that same month, National Development Minister Khaw Boon Wan had also said it was not the right time to wind down cooling measures and there is still room for prices to moderate.

The Real Estate Developers’ Association of Singapore has repeatedly called on the Government to ease some of the cooling measures, especially the ABSD. It said earlier this year that the ABSD on the high-end housing market “runs counter to the Government’s efforts to encourage foreign investment flows into the country”.
Source: TODAY

The above article begs the question: so when is it the "right time" to ease off on one or two of the existing cooling measures? When the market has backed down 60% perhaps??


On a related subject, PropertyGuru.com have just released their property outlook for H2 2015, which they have predicted that the property market will bottom out by year-end. And since the wife and I aren't too keen about receiving another letter "persuading" us with legal actions for publishing their report on our blog, below is the link where you can go download your copy:



Strong take-up seen at High Park Residences

- July 20, 2015 No Comments

Today's Straits Times had reported strong interests on the first weekend of sales for High Park Residences in Sengkang, with nearly 1,100 units snapped up out of a total of 1,390 units.

That translates to 78% of units sold and the new project, which includes nine commercial units, has seen all of its studio, "one plus study", shop and bungalow units snapped up by buyers.

The 99-year leasehold project, set for completion in 2020, is next to Thanggam LRT station and a short distance from Seletar Mall.

Mr Chng Chee Beow, executive director of CEL Development, said that the project attracted a diverse range of buyers from all over Singapore owing to the wide range of units, 118 recreational facilities, and free lifestyle classes on offer. CEL Development is developing High Park Residences with Unique Residence, a joint venture with Heeton Homes and Kim Seng Heng Realty.

ST PHOTO: SEAH KWANG PENG


It's certainly been awhile since a new residential project had seen such strong take-up - the last that the wife and I can recall is probably Highline Residences in Tiong Bahru. So it may be worth a visit to the showflat (located at Fernvale Road, for those who are interested) just to see what all the hype is about...



June scorecard: New sales and rental down, resale up!

- July 16, 2015 No Comments

New private home sales slumped in June: URA

New private home sales fell 42% in June from May as developers launched fewer units.

Data from the Urban Redevelopment Authority (URA) on Wednesday (Jul 15) showed developers sold 375 housing units last month - well below the revised figure of 643 units for May.

Developers launched just 219 units in June, down from May's 500 units.

Including executive condominiums (ECs), sales by developers fell to 485 units in June from 853 units in May.


Private rental dipped in June: SRX

Rental prices for non-landed private residences fell by 0.5% in June compared to May, according to flash estimates released by SRX Property on Wednesday (Jul 15).

Non-landed private property units in the Core Central Region and Outside Central Region saw rental prices fall by 0.8% and 0.7%, respectively, while units in the Rest of Central Region saw no change.

June’s rents were down 6.5% year-on-year, and down 12.4% from its peak in January 2013, SRX Property said.

An estimated 3,777 units were rented in June, a 1% increase from the 3,739 units rented in the previous month. 

Year-on-year, rental volume was 15.4% higher than the 3,273 units rented in June 2014.


Private resale volume and prices up: SRX

The resale volume of non-landed private residential units was up 34% year-on-year in June, with an estimated 552 units resold, the SRX Property said on Tuesday (Jul 14).

However, compared to the previous month, resale volume was down 10% from the 613 units resold in May.

Resale prices inched up 0.4% from May, driven by units in the Rest of Central Region and Outside of Central Region, which posted price increases of 1.1% and 0.5%, respectively. In contrast, prices of units in the Core Central Region were down 0.8% from the previous month, SRX Property said.

Overall resale prices were down 1.6%, however, when compared on a year-on-year basis.

The median Transaction Over X-Value (TOX), which measures whether people are overpaying or underpaying SRX Property’s estimated market value, remained neutral.

For districts with more than 10 resale transactions, District 5 (Pasir Panjang, Clementi) posted the highest median TOX of $30,000, followed by District 10 (Bukit Timah, Holland Road, Tanglin) and District 15 (Joo Chiat, Marine Parade, Katong) with $14,000 for both districts. 

The lowest median TOX was in District 9 (Orchard Road, River Valley), with -$55,000.


Source: CNA




SG PropTalk has a "Copycat"!

- July 14, 2015 No Comments

One half of the wife and I was performing our regular "housekeeping search" today (i.e. googling ourselves to see if there's anything online about us that we should be aware of or if we have offended someone without even realizing it etc.) when he stumbled upon this property-related website called World Luxury (http://www.worldmarketsquare.org/). 

To cut the long story short, the wife and I are flattered that the guys running the website had such deep affections for SG PropTalk but we are also rather disturbed by the fact that they chose to show their "love" by populating the content of their own website with nothing BUT our blog posts. And they did not even have the basic courtesy to ask for our consent or attributing the posts back to us. Not even a heads-up.


To be fair, we do find the odd post of ours appearing on some other websites (which we would normally let it slide) but World Luxury has certainly taken the cake -   it's much like we suddenly find ourselves having a stalker who had stolen most of our old clothing and continue to steal every new piece that we put into our cupboard.

The wife and I must admit that we also include articles and illustrations from other sources on SG PropTalk but we do make it a point to credit the source as far as possible. 

The wife and I also suspect that these guys must also be running a school for clowns on the side: the World Luxury website contains some professionally-worded Disclosure Policy which stated something to the effect that "the materials in the web site are protected by applicable copyright and trade mark law and users are forbidden to copy/steal any of our materials or mirror our website". Talk about black pots and kettles!


We have since written to World Luxury to request that they remove all our blog posts from their website and our reason for writing this piece (other than "name and shame") is to let everyone know that neither SG PropTalk or the wife and I are related to /involved in any way with World Luxury and thus cannot be held responsible for any misdeed/misinformation/misrepresentation or claims arising (from plagiarism being the most likely). Heck, if we are to get into trouble for what we have written, we would much prefer it to come from OUR website - the one and only (to date) SG PropTalk!

And we welcome our readers to check out World Luxury. Then again, you already know where you can get those blog posts "first hand"...
                                    
                                                                         

 








Lakeville site revisited

- July 13, 2015 No Comments

The wife and I were around the Jurong East area earlier today and decided to swing over to Lakeville for a look-see. 

We must say that the site looked substantially different from our last visit, as quite a bit of construction had already taken place.

This was what it looked like when we last did our review on Lakeville back in September 2014

This was what we saw today from right about the same spot.

Here's a closer look of the project taken along Boon Lay Way in the direction towards Jurong Point.

And here's another one taken along the same road in the direction towards Jurong East.


The wife and I also noticed that the new access road (Jurong Lake Link) that connects Boon Lay Way to Jurong West St. 41 has already been paved.


We then decided to drive over to the same side of Lakeville for a closer "inspection". Two things caught our eyes:

1. The blocks facing Boon Lay Way seemed awfully close to the main road, which could become quite busy especially during the rush hours.


2. The inner blocks came across as too close to each other for our comfort, although this could be just a matter of perspective since the photo was taken from our car at a fair distance away. So we'll let you be the judge.




Click on the link below to read our review on Lakeville:
http://www.sgproptalk.sg/2014/09/lakeville-review.html