Condominiums Should You Consider Purchasing One

Counting upon your private prospects, condos are all about communal living, which can be cozy or distressing. Sharing out communal spaces as well as regulations is what this type of communal living or contemporary condo community is all about.

The issue or determining spot with condos is how the properties are owned and not the structure. It can be discovered in a single high rise building in a business district or in a flat compound type and comes in all shapes and forms.

Everything deep down the condominium is fundamentally your individual attribute and everything outdoorsy is possessed jointly with the people who own the other units. Also, the property lines on a condominium are the ramparts of the structure unlike a stand alone home.

There is also a householders affiliation in each condominium. They determine regulations unitedly with the prime developer involving landscape gardening and other concerns. Regrettably, the issue of uniforms is the problem with the affiliation and condos in general.

Like you must comply the regulations of the affiliation first before you desire to shift the exterior of your condominium in terrific way. This is why you need to cautiously weigh the limitations of a certain affiliation when determining whether a condominium is a top choice for you.

Park Place Residences - New Icon at Paya Lebar

Park Place Residences set to be a new icon at Paya Lebar Central. Being part of Government decentralization plan to move commercial offices out of Central Business District to a city fringe neighborhood, this paya lebar central plot 1 and 2 was award to Lend Lease, an australian developer who won the bid through 3 entities - Roma Central, Verona Central and Milano Central.

There was a total of 6 bids which was pretty good response, consider the big ticket investment. The 2nd bid which was 8.8% lower is submitted by a consortium comprises of Keppel Land, Singapore Press Holdings, Hutchison Whampoa and cheung kong holdings follow by capitaland group. 

Lend lease has been in Singapore for more than 40 years with track record at 313@Somerset, JEM and also parkway parade retail. This site is bidded by Lend lease will be a new icon and change the perception of Paya Lebar to a buzzing commercial hub, setting a new milestone in the area. 

The development when done up will comprises of residential, office, entertainment and retail shops providing convenience with everything under one roof.

Park Places Residences location

Singapore Industrial Market Saw Declines Last 2015

Prices of Singapore industrial space slumped in the last quarter of 2015, falling by 1.0% to 2.2% in quarterly basis for single-user factory space as well as multiple-user factory space.

Prices of overall industrial space in Singapore declined by 1.7 percent to 1.8 percent last year, meanwhile rent for industrial space also dropped by 1.1 percent to 1.5 percent in Q4 2015.

For market experts, Singapore industrial market is likely to face significant headwinds this year, however, with the upcoming projects like Proxima @ Gambas in Woodland, Singapore’s industrial market will continued rise and maintain industrial rental growth in the long run.

Proxima @ Gambas

Proxima at Gambas is a new B1 Industrial development at Gambas Crescent. Being situated at the heart of Woodland Industrial Sector, Proxima at Gambas set to leverage synergies from surrounding industrial sectors like Seletar Regional Centre and Woodlands Regional Centre.

Proxima at Gambas projects a modern industrial facade, reflecting the next generation of industrial development with glassy facade and sleek fine line architecture. Each unit is bright and well ventilated. High ceiling promote owners with flexibility of configuration for their business needs. Whether for storage or business operation, Proxima at Gambas is where your business start.

Proxima nearby Amenities

Strategically located at Gambas Crescent, Proxima @ Gambas is well connected via Major Expressway such as Seletar Expressway (SLE) and BKE. Public transport such as Bus stops and Sembawang MRT Station is also in close Proximity.

With its prominent frontage, Proxima @ Gambas is definitely the choice for every business.

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