Executive Condominiums available in 2019 and 2020

Executive Condominiums available in 2019 and 2020

What are Executive Condominiums? Executive condominiums (EC), are a type of subsidized housing unique to Singapore. With incomes rising among the local population, some Singaporeans and Permanent Residents (PR) have found themselves not being eligible for HDB flats because of the S$14,000 household income ceiling for HDBs, but yet can't really afford a private condo. These people caught 'in the middle' are those who tend to go for ECs in Singapore which have a household income ceiling of S$16,000 for executive condominiums.ECs are developed and sold by private developers, but are constrained by HDB rules and restrictions. ECs can only be sold in the open market after the buyer has completed the minimum occupation period (MOP) of five years. After 10 years, it becomes fully privatised like a condominium and can be sold to foreigners. EC buyers can enjoy HDB Grants and the EC will have all the frills of mass-market condominiums.  Piermont Grand Executive Condominium (Launched in 2019) Only Executive Condominium Launch in 2019 - Piermont...
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What’s The Tipping Point Between Failure and Success?

What’s The Tipping Point Between Failure and Success?

"The Tipping Point Between Failure and Success" is the title of the article / interview on Harvard Business Review's IdeaCast by Curt Nickisch on December 10, 2019. After reading the interview between Curt and Dashun Wang, associate professor at Kellogg School of Management, below are some of the key points that spoke to me.There are mainly two groups of people. Those who succeeded and those who failed. We can further subdivide the failure group into two more groups: those that eventually still fail (stagnation group) and those that eventually succeed (success group).It is not just about failing but how we fail or how we take failing. Be Determined: Do "Do or Do Not, there is no Try" is a popular phrase by movie character Yoda that comes to mind. We have to realize the fact that we don’t really just fail once. In reality sometimes we will fail over and over; eventually if we keep at it smartly, we will successfully reach our goal. Most...
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Singapore’s Property Glut Could Take Years to Clear?

Singapore’s Property Glut Could Take Years to Clear?

"Singapore’s Property Glut Could Take Years to Clear" is the headline of the Economics section of Bloomberg (Asia) today (9 Dec 2019) by Faris Mokhtar. Just 6 days earlier (3 Dec 2019) Faris also wrote "Singapore Developers Raise Alarm Over Apartment Supply Glut".According to the 9 Dec article, Singapore had an overhang of 31,948 units as of Sept. 30, according to the Urban Redevelopment Authority. Christine Li, head of research for Singapore and Southeast Asia at Cushman & Wakefield Plc. said sales averaged about 2,500 homes per quarter this year, and at that rate, it will take almost four years to clear the backlog. They even said developers are calling for property curbs to be eased, including lowering the 20% stamp duty for foreign buyers and getting more time to sell apartments before being hit with punitive levies. The over-supply also threatens to push down prices, the central bank warned last month.The URA also announced last week that the government’s land sales...
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Shaun’s Review: SO Sofitel Oxley Towers, Kuala Lumpur, Malaysia

Shaun’s Review: SO Sofitel Oxley Towers, Kuala Lumpur, Malaysia

For all the photos, videos, details, floor plans and write-up of this project, please visit: SO Sofitel Oxley Towers, Kuala Lumpur, Malaysia on internationalpropertyguru.com.Click here to browse my international property guru website for 200+ unique properties from all around the world.You may want to contact me, Shaun Lopez, at +65 82585190 or email shaun@internationalpropertyguru.com if you have any questions. 9 min readLooking for an international investment property overseas?Here is my review of the SO Sofitel Oxley Towers, Kuala Lumpur, Malaysia.Click to skip to TL;DR - Pros and Cons. Project Background SO Sofitel Oxley Towers, Kuala Lumpur, Malaysia, is a freehold residential condominium project by Singapore stock exchange listed developer Oxley. T.O.P-ing in 2023, the SO Sofitel Oxley Towers is a 3 tower mixed development with a retail podium at the base. One tower is an office tower, one tower holds the Jumeriah Hotel and Residences and the tallest remaining tower at 78 stories holds the SO Sofitel Hotel and Residences resulting in 2 world-class hotels in 1 development. SO Sofitel Oxley Towers KLCC will have 590 serviced residential...
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Shaun’s Review: The Peak Residences and Shoppes, Phnom Penh, Cambodia

Shaun’s Review: The Peak Residences and Shoppes, Phnom Penh, Cambodia

For all the photos, videos, details, floor plans and write-up of this project, please visit: The Peak Residences & The Peak Shoppes on internationalpropertyguru.com.Click here to browse my international property guru website for 200+ unique properties from all around the world.You may want to contact me, Shaun Lopez, at +65 82585190 or email shaun@internationalpropertyguru.com if you have any questions.  10 min readLooking for an international investment property overseas?Here is my review of The Peak Residences and The Peak Shoppes in Phnom Penh, Cambodia.Click to skip to TL;DR - Pros and Cons. Project Background The Peak Residences and The Peak Shoppes in Phnom Penh, Cambodia, is a freehold project by Singapore developer Oxley and Cambodia Worldbridge. Shangri-La Hotel will take up one of three towers, with the other two towers being sold as The Peak Residences. Below these three towers is a retail podium,The Peak Shoppes, which has CapitaLand signed as the managing agent to manage the property and ensure shoppers have a great mall experience.T.O.P-ing in 2020, the 55 storey Peak Residences twin towers will have 1014 residential units, with unit sizes ranging from 667 sqft...
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Shaun’s Review: Wyndham Grand Nai Harn Beach, Phuket, Thailand

Shaun’s Review: Wyndham Grand Nai Harn Beach, Phuket, Thailand

For all the photos, videos, details, floor plans and write-up of this project, please visit: Wyndham Grand Nai Harn Beach in Phuket, Thailand on internationalpropertyguru.com. Click here to browse my international property guru website for 200+ unique properties from all around the world. You may want to contact me, Shaun Lopez, at +65 82585190 or email shaun@internationalpropertyguru.com if you have any questions. 9 min readLooking for an international investment property overseas?Here is my review of the Wyndham Grand Nai Harn Beach in Phuket, Thailand.Click to skip to TL;DR - Pros and Cons. Project Background Wyndham Grand Nai Harn Beach in Phuket, Thailand, is a freehold residential condominium project by developer CISSA Group Co., Ltd. together with the Wyndham Hotels & Resorts brand name to manage the property and ensure a high service standard for guests. T.O.P-ing in early 2020, the Wyndham Grand Nai Harn Beach was built originally as the Coco Sea Condominium, comprising of 12 four-storey buildings located on 1.76 hectares of land some 800 metres from Nai Harn Beach. In 2016, Coco Group Sales Manager Prakaidao Duangrak...
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