Bliss@Kovan is a residential development near Kovan Road
Bliss@Kovan is an upcoming Freehold condo development less than 1km to Kovan MRT station.
Bliss@Kovan is nestled in an established private residential locality of landed properties where food outlets and other amenities are handily available along Upper Serangoon Road & Heartland Mall at Serangoon. Going around to every point in Singapore is simple because Bliss@Kovan is handily located merely 360m away by the Kovan MRT station and nearby bus stops.
Educational schools are abound with top local schools for school children of owner occupiers while famous international institutions like the Australian, American and French schools are just nearby giving ready tenants for the smart investors of Bliss@Kovan.
Bliss@Kovan is planned with latest layout – Water sensitive urban design with rain harvesting, bio-swale, urban agriculture, upright green surround theme and Modern facilities are plentiful within the condo. All car owner residents will be supplied with adequate parking lots at the Basement tiers. Units are outfitted with Superior sun shading, wind deflector and designer branded fittings and appliances for your convenience.
If real estate is purchased for investment, investors should evaluate the price of holding the property against the potential yield that would include lease and principal value. Currently, any rental ROI higher than of three % would be thought to be a good yield considering that the cost of borrowing would stay about or beneath 1 %. Bankers would be in excellent position to assist you to verify the affordability of a real estate with their training.
Singapore’s status as an important world business hub attracting a number of the most innovative entrepreneurs to the state has created a significant impact on its economy along with its real estate market. With increasing incomes and changes in lifestyle, properties with a host of amenities are in demand and in many cases, prime realty is fully taken the instant it is put on sale in the market.
Singaporeans are the 2nd richest in Asia behind Japan. From the Allianz 2011 global wealth analysis, Singaporeans average gross financial assets per capita of US$126,982 (Japan: US$159,027) is nearly twelve times more than the US$10,955 of Asian median figure. In Asia, the nine countries included were China, India, Indonesia, Japan, Malaysia, Singapore, South Korea, Taiwan and Thailand. Financial capitals of the 9 countries climbed by 5.9 % to about US$33.9 trillion in 2010. Singapore accounts for around 2 percent of the entire monetary capitals in these nations. Approximately there were 113 million high net worth individuals in 2010; of those, 2.5 million live in S’pore.
If international economic conditions do not deteriorate, there is a chance that industrial rents and capital prices may stabilise or register gain in the initial half of next year, on the support of healthy buying interest.Real Estate investors are channelling more of their money into alternative asset segments, one among that is the industrial segments. Especially for forward looking commercial property investors, thinning profit margins from residential projects as a result of high costs and the authorities intervention have led to the switch. New commercial developments offering higher total rental returns at cheaper principal outlay have thus become a good investment choice.
The real estate market is driven by a mixture of fundamentals, such as supply and demand, population growth, job growth, interest rates gain or loss and rental yields. Few occasions could a single issue like rising interest rates have an effect on the market considerably. The median annual supply of non-public homes from now to 2015 is around thirteen thousand nine hundred sixty five units. In order to maintain sustainable economic growth, we must welcome thirty thousand migrants annually. Based on average household member of 3.5 persons, up to 34,000 additional homes may be required from next year till 2015.
Bliss@Kovan Development Briefs
Residential Type : Condo
Tenure : Freehold
Site Area : 98,063 sqft
Likely TOP : Dec 2015
To gather some more information regarding Bliss@Kovan, you can go to http://www.hotnewproperty.sg/bliss-kovan