Mayfair Modern is the new real estate project, being developed by Citrine Properties, or equally known as Oxley Holdings. The project has acquired a prime piece of land in the heart of Singapore, very closely located to King Albert Park MRT Station as well as Beauty World. There are food centers nearby that are worthy to include into your consideration.

Mayfair Modern Oxley Holdings Singapore

The Mayfair Modern Condos are one of the best establishments in Singapore, and though there may be several other competitors, Oxley Holdings tries to be on top of the list. Oxley has hired the best Civil Engineers there can be and flaunts a massive client base not only in Singapore, but by opening branches in America and UK, it has earned a reputation across the globe. Due to this, Mayfair Modern has become the most sought after projects in Singapore. The company represents a high level of employees. Every worker is intelligent, responsible, hardworking and highly motivated to satisfy customers to the maximum.

Mayfair Modern Condo Real Estate Development

The Mayfair Modern Condos are described as “little pieces of heaven” by the real estate company and are specifically designed for the elite to provide them with a sophisticated lifestyle. With a total of 387 units, they have it all including, clubhouse, function room, indoor gym, tennis court, swimming pool, children’s playground and many more things that can’t be listed. The condo’s facilities provide full entertainment needs for your family and loved ones. The condos are strategically located near shopping centers. The popular Bukit Timah Shopping Center, the Beauty World Plaza as well as the Beauty World Center are all located within easily reachable distances. Mayfair Modern is conveniently accessible with King Albert Park MRT Station and for owners who use buses for transportation, they can easily find several buses along the main road. Workers with offices in the city, Mayfair Modern is located right next to both Bukit Timah Expressway and the Pan Island Expressway.

Mayfair Modern Close to International Schools

To be located near International schools is nothing but an advantage, less time is needed to send kids to school, which means more time for them to rest, play and perhaps study tuition at home. Parents who are looking to send their kids to school must also take note that less travel time is necessary when selecting a school, it keeps their kids away from getting tired while travelling and allowing them to be more fresh when coming back home.

Mayfair Modern project is being developed at an ideal place; shopping centers, eateries, international school, country clubs. With the area constantly expanding, the Mayfair Modern project is a must consideration for those looking to buy a new home.

Freehold vs leasehold condos. Freehold property can indefinitely be held by the owner while a leasehold property of 99 years, upon its lease expiry, goes to the state.

999 years lease property is holdover which is dating during colonial era periods. These properties have the same intents as well as for purposes just like freehold. In case the government has a vital reason such as security or infrastructure, freehold state of your property can’t save it from government acquisition.

Freehold Condo Prices and Leasehold Condo Prices

The price of the new sale of freehold property is relatively higher with 10 to 15 percentages when compared to leasehold property in the same region. Between Freehold and 99 Years, Which Has More Value? Answering this question isn’t easy, because isolating the causes of individual property isn’t easy.

For example, a leasehold property remaining with an approximate 70 years and be located at CBD, will definitely have more value compared to freehold unit located outside Central Business District. As well, in case a freehold property is located just next to MRT; it’s not easy to evaluate its freehold nature as well as issues relating to its accessibility.

However, they’re some few conclusions which we can come up with regarding the worth of freehold versus leasehold property:
• The differences in prices happen probably at 78 as well as 30 years mark.
• During en-bloc, that the ideal time for freehold to fetch better prices.
• Leasehold is the best option for yielding rentals.
• Freehold advantage appears to be more theoretical compared to practical.

• The Differences in Prices Happens Probably At 78 As Well As 30 Years Mark

Freehold Condo Prices Difference Compared to Leasehold Prices

Definitely, freehold prices differ with leasehold with at least 10 percent. This is most probably when comparing with leasehold which has at least 78 years lease remaining to a freehold property. While assuming other factors such as accessibility, location as well as amenities is either less or apparently more equal.

• During En-Bloc, That The Ideal Time For Freehold To Fetch Better Prices.
During the en-bloc period, the freehold property prices are relatively higher because the owners are definitely giving up. While leasehold property towards the end of the lease, it’s relatively priced low because the owner may not make anything tangible from it.

• Leasehold is the best option for yielding rentals.
Leaseholds property is ideal for yielding rentals. This is due to they’re cheaper and tenants are free from the affection of either property is either leasehold as well as freehold.

• Freehold advantage appears to be more theoretical compared to practical

Freehold Condo For Property Investments

When looking from a point of property investment in terms of freehold and leasehold differences, we find out is professionals academic distractions. It’s not easy styles because, whatever you find out, there’re some other real-world examples which will probably differ with it.

Any investor will perform to best based on certain principles. Some factors may include; worth of the properties around, amenities around, rental yield just naming a few. These factors are very vital than whether the property is a leasehold or a freehold.

Conclusion
Freehold, as well as leasehold properties have various differences. So, it’s advisable for you as an investor to be very wise and cautious before settling on which type of property you want to invest on. This will help you make a wise and viable decision.

Sloane Residences, which is situated in the center of Balmoral Road beside the Ocean Sky International and Tiong Seng Holdings, happens to be an innovative freehold establishment. The 2 developers are enlisted in the Singapore Stock Exchange. Sloane Residences is actually the previous Sloane Court Hotel Enbloc which was purchased by TSky Development that comprised of the two developers for that plot of land. Sloane Residences, incorporating the adjoining small piece of land, is going to feature a unique core city center condo which is in the vicinity of the many facilities offered in the Newtown region along with the shopping outlets in the Orchard region.

Sloane Residences Balmoral Road

Exclusive and comprehensive facilities are provided by Sloane Residences which consist of a clubhouse, guard house, tennis court, indoor fitness center, function room, an innovative 50 m swimming pool, kid’s playground, barbecue pits, and sundeck. In a nutshell, your near and dear ones will be able to enjoy a great time thanks to the amenities offered by the condo. Enjoy a peaceful and hassle-free lifestyle right on Balmoral Road at the core of the city.

Sloane Residences Ocean Sky International and Tiong Seng Holdings

Sloane Residences presents an ideally positioned piece of land which is close to lots of facilities. Quite a few enbloc deals have been closed successfully in the recent past, and all these plots of land happen to be scattered out into various districts in Singapore. Nevertheless, this latest enbloc by Ocean Sky International and Tiong Seng Holdings can be considered to be amongst the better-positioned establishments in the main city center. Moreover, it is a fact that the selling of the hotel was opposed by its owners earlier in the upturn market.

Traditional Style Sloane Court Hotel Enbloc

Sloane Residences has been formed by combining a couple of adjoining plots of land which happens to be the previous old-style Sloane Court Hotel along with an adjacent small piece of land. This combined piece of land is going to have a 1.6 plot ratio plus as much as 38,943 sq. ft. of land area. As per this plot ratio, it is possible to construct approximately 80 units on this plot of land.