The Vision D5 Hot Launch! Coming Real Soon! Why Wait?

The Vision D5 Hot Launch! Coming Real Soon! Why Wait?

District
15

Location
West Coast Crescent

Property Type

Condominium

Expected TOP
March 2015

Tenure
99 years

Price
Approx $1100 onwards

A west development that is easily accessible to nearby Clementi and Dover. With 10-minutes drive to Vivo City, Sentosa and the Integrated Resorts makes it a definite choice for family and investors. It's situated near education institutions, rental units in this location (eg. Blue Horizon, West Cove & West Bay) are very popular with the Japanese and Europeans as there are a few Japanese schools which are all within walking distance and Internationals School.


281 residential units + 14 Strata Terrace Units that consists of 2 bedroom, 3 bedroom, 4 bedroom, 4 bedroom Penthouse

Unit Mix
2-bedroom ( 818 / 904 sqft )
3-bedroom ( 1259 / 1302 / 1313 sqft )
4-bedroom ( 1604 sqft )
4-bedroom Penthouses ( 2702 sqft )
Strata Terrace ( 4941-5328 sqft )

Facilities
Swimming Pool
Pool Deck
Children's Pool
Landscaped Garden
Childen's playground
Mediaton Deck
Fragrance Garden
Foot Reflexology
BBQ Garden
Jacuzzi
Fitness Corner

Amenities Nearby
vivo City Shopping Mall
Harbourfront Centre
Clementi Shopping Mall
West Coast Plaza

Schools Nearby
Japanese Kindergarten
Qifa Primary School
Clementi Woods Secondary School
Singapore Polytechnic
National University of Singapore

Call Jack Teo at +65 83666808 for a non-obligation viewing now!
Email jckteo@gmail.com or drop me a comments, i will be more than willing to assist you.
Visit www.jackteo.myweb.sg for more listings now!

Government announces 2 measures to cool property market

Government announces 2 measures to cool property market
SINGAPORE: The Government has introduced two new measures to cool the property market and pre—empt a bubble from forming in the private homes sector. They come into effect Saturday.
The Ministry of National Development said this will help ensure a stable and sustainable property market, and to curtail the HDB resale market where prices tend to track private property movements.

From Saturday, it will be more difficult and expensive for speculators to own and flip properties. A Seller’s Stamp Duty will be imposed on all residential properties and residential land bought after Friday, and sold within one year from the date of purchase.

The housing loan limit will also be capped at 80 per cent — down from the current 90 per cent.

This new loan limit will apply to all housing loans granted by financial institutions for private homes, executive condominiums, HUDC flats and HDB flats, including those sold under the Design, Build and Sell Scheme. But loans granted by the Housing and Development Board (HDB) for flats, will still have a cap of 90 per cent.

Last September, the Government introduced anti—speculative measures to cool the private homes market. While these helped initially, there were signs the market was heating up again.

The new measures come as demand for private homes continues to soar. The number of units sold by developers in January was three times more than December. It was also the highest monthly total since September last year.

The Ministry said the objective of these measures is to discourage short—term speculative activity that could distort underlying prices. It is not targeted at the purchase of properties for owner occupation or longer term investment.

Market watchers said the measures are easiest to implement, without causing the market to come to a standstill.

Eugene Lim, associate director, ERA Asia Pacific said: "We are recovering. The economy is recovering and the market is picking up so what they want to do is to make sure the property market is moving up in tune together with the economy and not faster than the economic recovery."

Analysts added that the prices and volume of private property homes are unlikely to be significantly impacted.

Donald Han, managing director, Cushman & Wakefield said: "It has got a fairly minimal impact to the market, mainly because a lot of investors from our records are buying for the medium term, at least for a period of two to three years.

"Some investors will probably stand by the sidelines and see how sales progress into February and March. It will take some wind out of the market; potentially it could be around 10—15 per cent in terms of the numbers of new home sales taken out of the equation."

The Real Estate Developers’ Association of Singapore said the reduced mortgage cap is unlikely to have significant impact on genuine buyers and investors, as lending institutions have already been more prudent in the aftermath of the global financial crisis.
— CNA/sc