Property Prices Rebound

There are some faint signs that property prices at the luxury Sentoza Cove community may be improving. Recently released data shows that two Condos at The Oceanfront sold at roughly, 2,000 Singapore dollars per square foot in April. SRX Property says that prices in that area have fallen a great deal under $2,000 Singapore, per square foot for two years, the only exception being one unit, which sold in October 2014 for a total 4.32 million Singapore dollars, which calculates to 2,079 per square foot for Bellewoods.

January 2015 saw prices sink to S$1,190 per square foot, when at The Coast, Sentoza Cove a 2,626 square foot unit was sold at the price of $3.125 million Singapore. Caveat data published by Singapore’s Land Authority showed that this second floor, four bedroom unit was originally sold for $4.34 million Singapore, that is, 1,653 million Singapore dollars on 8th March 2007, meaning that its seller lost $1,215 million Singapore on the original price paid for Bellewoods.

Property Prices Rebound Bellewoods

Chestertons Managing Director Mr. Donald Han said that Sentoza Cove prices need to be above $2000 per square foot. Prices below that figure mean the Bellewoods are competing for business in the same market as the Marina Bay, District 1 and District 9 areas. When prices fall to nearer the $1,000 per square foot level, they become mass market, rather than luxury home, prices. Mr. Han cautioned that two sales are not a wave, but considered that they were a good omen.

The two units sold, in April 2015, at $2,055 per square foot and $1,954 per square foot. One unit, a 2,788 square foot four bedroom unit enjoying a part sea view, sold for S$5.73 million. Its adjacent unit, with does not enjoy as pleasant a view, is a three bedroom, 1,765 square foot property, sold at S$3.45 million.

Alex Low, PropNex Division Director, whose company has been actively engaged in marketing Sentoza Cove property, said that both properties are on the second level and do not have the good views available on the higher levels, and yet both had attracted a high per square foot price. He added that the last condo which he had sold at the Oceanfront, on a higher floor and thus with a complete sea view, sold, in October 2012, for S$2,190 per square foot. There had been no unit, which had sold above S$2,000 per square foot from then until the two sales in April this year. He added that the two sales were encouraging in a market where buyers usually dictate low prices.

Bellewoods EC Prices

Chief Executive Officer of Century 21 (Singapore division), Mr. Ku Swee Yong said that the sales of two units in the region of $2,000 per square foot will boost confidence in Sentoza Cove. He added that for $2,000 per square foot buyers could purchase a Bellewoods EC in Woodlands but that it would not come with the sea view or the surroundings that are available in Sentoza Cove.

Mr.Yong said that it was difficult to say whether the prices for these two units represented an upward trend in prices because two sales were too few from which to make out definite general movement. He said that even at $2,000 psf, prices would not reach their former 2008 peak.

Bellewoods EC in Woodlands Qingjian

Ms. Jackie Yeh is the owner of eleven condominium units in Sentoza Cove, eight of them at The Oceanfront. She is optimistic and feels that the Sentoza Cove units which had reportedly sold for huge losses were just flukes. She said that Sentoza Cove is an extremely exclusive area. She added that she had bought her units, when the developments were originally launched and had therefore paid very good prices. She added that were she to sell any of her units now, she would make a profit on what she originally paid, but that she was confident that prices will rise further over the long term and would wait in expectation.…

Slow Economy Growth

A warning from the International Monetary Fund this past Wednesday stated that continuation of a period of slow growth in the worldwide economy poses a critical short term risk for the trade oriented economy of Singapore Bellewoods.

In a recent visit to the prosperous city-state, division chief of IMF, Alex Mourmouras, drew attention to how exposed Singapore is to outside risks and volatility due to an economy that is extremely open. He further added that global financial conditions, and their related side effects, can have a large impact. Such side effects include a persistence in the strength of the U.S. dollar, a rise in volatile finances, and China’s slowdown in growth and financial risks.

Bellewoods EC Growth

Mourmouras stated that such external risks could be further aggravated by a rise in the corporate and household sectors’ indebtedness that came as a result of the global financial crisis. In 2014’s third quarter the household debt in Singapore was equal to 76.3% of GDP (gross domestic product). In comparison to a 71.9% figure of two years ago for Bellewoods.

It is expected, by the International Monetary Fund, for Singapore’s economy to see a 2.5 to 3.0% growth for 2015, a figure that is in-line with the forecasted range given by the government. In recent years Bukit Batok EC the pace if growth for the economy has been restrained, with just a 2.9% expansion for 2014 compared to 2013’s growth of 4.4%.

Woodlands EC by Qingjian Realty

IMF shares that, in Singapore’s domestic sector, it is faced with obstacles to overcome while the country makes its transition to a model of growth that will be less reliant on foreign workers on low wages.

The slowing property market in Singapore could also face added pressure with the prospect of interest rates rising. Over the past 18 months, the once vigorous real estate market has become softer as a result of measures taken by the government to gain stability in prices, an action that impacted the prices and volumes of transactions. It is reported that at least 90% of Singaporeans will own one property, which means the property market’s state of health will have economical implications that are far reaching.

It isn’t all negative, as pointed out by IMF, who says that even with such an uncertain economical outlook, Singapore still has many things working for it. Such things include energy prices that are lower, a budget that is expansionary and a monetary policy stance that is less restrictive. All of these things are expected to help encourage the domestic demand recovery. This could, in turn, help balance the effects of rising interest rates and a Bellewoods real estate market that has been cooling down.

Bellewoods Woodlands EC

The government disclosed a budget in February that featured corporate tax rebates, retirement benefits that Tengah Plantation Close EC were higher and more spending on infrastructure.

Also helping to absorb, or at least lessen, these shocks to finances, are larger fiscal buffers, a level of foreign reserves that is quite adequate, bank balance sheets that are stronger and macro economical basics that are strong with external positions that are quite strong.

Despite the slowdown in growth, Singapore has a source of pride as being one of the biggest current account surpluses in the world in relation to GDP. According to Scotiabank, thanks to an oil import bill that was low, Singapore was expected to have a surplus current account of 19% of Gross Domestic Product for the 2015 to 2016 fiscal period.…

Qingjian Realty

Qingjian Group us established in 1952 in China and is one of the most reputable developers in China. Qingjian Group is actively involved in many property developments in Singapore as well as in China. Not only it is involved in property development, it is also involved in capital management and design consulting.

Qingjian Realty Bellewoods

Qingjian Group is one of the top Chinese Enterprises in China and ranked one of the top enterprise in China for running 11 consecutive years till now. Therefore, its financial background is sound and can be assured. Qingjian Group history has also won many numerous awards including National Enterprises of Good Creditworthiness which once again justified its scale and financial backing for its property development projects.

Bellewoods EC in Woodlands

Qingjian vast experience in developing properties has allowed it to bag many awards including state-level technology centre of the construction industry of Shandong province. The long history of Qingjian also meant that it has completed many signigicant projects including the Olympic Sailing Centre, Qingdao Municipal Government Building as well as Qingdao International Conference Centre. Thus Bellewoods Woodlands EC owners can be assured of the quality of their finished unit due to the vast experience of the developer.

In Singapore, Qingjian is also actively involved in the real estate industry of Singapore. Some of the projects involved are Natura Loft in Bishan, Nin Residence in Potong Pasir, Riverparc Residence in Punggol as well as River Isles in Punggol. Therefore, residents of Bellewoods EC are once assured of the quality of the finished product.…

Bellewoods Floor Plans

Bellewoods Floor Plans

Bellewoods EC Floor Plans

Please kindly see the below for the floorplans of the units available in Bellewoods EC. Various floorplans are available to suit your family needs. Kindly take note that the floorplans are subjected to changes from the developer.

A gentle note that we see that there are many different layouts for Parc Life EC. Many different layouts for 3 bedroom such as Viva and Vista layouts with wide balconies are available in Parc Life EC which is near to Canberra Park and Sembawang MRT Station. It will be more breeze as air is better able to enter the living room for certain units.

Fraser Centrepoint is launching the EC at an indicative price of around 800psf. It is in comparison to Skypark Residences as many buyers prefer the Sembawang area. Therefore, owners are now looking at the development which is near Sun Plaza and other shopping centres such as Sembawang Shopping Centre

Bellewoods ec 2 Bedroom

Bellewoods ec floorplans

Bellewoods EC 3 Bedroom Premium

Bellewoods ec

bellewoods ec

4 Bedroom Premium

Bellewoods floor plans


5 Bedroom


Bellewoods EC Floor Plans

Bellewoods EC consist of 2,3,4,5 bedroom units available. Typically, there are 2 types of facing. Woodlands Ave 6 or Woodlands Ave 6 Facing. As a general guide, units 6th floor and above are able to get a unblock view.

Please do not hesitate to contact us should you require detailed information on the unit. A full copy of the floorplans is also available upon request. Please read our disclaimer for usage of Bellewoods EC floorplans.…

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