26 Newton, a residential project in the district 11 Singapore.
26 Newton will be an estate-in-fee-simple 26-storey high development comprising of 180 units of 1 Bedroom, 2 B, 2 B + Study plus 2-levels penthouses near to Novena MRT station and close to Orchard Road shopping belt.
Go for a breakthrough in luxurious living, motivated by the infinite thrust to attain beyond any degree of fineness ever witnessed.
26 Newton is located at prime D11 where convenience is not a want but a way of life. Flanked on all sides by gastronomical, shopping and recreational hot spots, your every need and want will be satisfied with absolute ease.
The spectacular Sky Terrace at the 14th level in 26 Newton provides a magnificient sight with a sky pool providing a haven in paradise.
Residents will feast on free-flow exhilaration and an enjoyable lifestyle. Cabana, Gymnasium plus BBQ area is all within your reach. Pure indulgence in lifes finest at 26 Newton.
For one who own rental property, you should be responsible in ensuring your investment property provide income for you. Income producing property isn’t a ‘hands off’ sort of asset class, as it will need to be maintained in order to remain in high demand by tenants. You should also make consistent efforts to make this property maintained and filled so that you may be receiving your rent each month and that property isn’t falling into a state of abuse or disrepair by the tenants.
Currently, the property market is strongly supported by favourable key fundamentals such as low interest rates, good tenancy take up rate, future population growth plus the spillover effect from a healthy demand from HDB upgraders. Barring any negative global economic recession which may result in massive job losses, a sharp property price correction is highly unlikely this year. All these factors will contribute to a positive influence on the residential property market in the near future.
As an owner of property, you don’t have to pay for rent that can be unpredictable and usually rise each year, but most housing loan payments remain unchanged for the complete mortgage loan amount. If the taxes rise, the rise is sometimes in small step. This stable mortgage expense is particularly necessary in current inflationary period, when tenants lose money while homeowners build up asset. Further records at Suites De Laurel.
The latest anti-speculation policies impose an additional 10% stamp duty on overseas purchasers buying private homes, a move that a few sectors feel would affect demand. But, there are too much liquidity in the market and borrowing costs are low. Therefore, the property values might not be coming down soon, not even in a slow growth environment. Property values historically is quite sticky as when prices dip, this will further fuel the purchasing sentiment of property when compared to shares which are unpredictable and highly volatile in today’s market.
In concert with the outstanding growth of the Singapore’s economy in 2010, rental value for private residential real estate rose 18 % that year, according to the URA’s private residential leasing index. Rents in the outside OCR gain the fastest in the 1st half of 2011 by 3.1 %, to roughly two % off their previous peak levels. Rents within the CCR and Rest of Central Region grew by 2.1 % and 1.3 % respectively in the initial half of 2011. URA’s rental index gain by 5.9 % for terrace houses and 4.8 % for semi-detached houses in the initial half of 2011, compared to 16.8 % and 16 % respectively in 2010. Rents of both terrace plus semi-detached houses have exceeded their previous peak level.
26 Newton Apartment Briefs
Project Type : Condominium
Tenure : Estate in Simple Fee
Site Area : 37577 sq ft approximate
Expected TOP : 31 Dec 2016
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