Referral Program ~ Additional Buyer Referrals Discount for Far East Organization Property!!!

Anyone interested in Far East property? check your prefer property http://www.fareast.com.sg/ & sms me for appt to get a Free Rejuvenation Facial worth $128!

Buy Far East Property? Just write my name & NRIC on option to purchase for all Far East's New Launch / Immediate Occupation property. Additional 1%-1.5% discount on top of all discounts will be given to the Buyer on the spot of Booking from Far East Developer ! Call / sms +65-97836199 / michelleccn@live.com for more details to arrange for an extra 1%~1.5% Referral Discount < Free of charge Referral >

Far East Buyer Referral scheme assured that additional 1%~1.5% discount will be given to you Absolutely Free + FREE Facial Rejuvenation Package worth $800!

Tuesday, 10 September 2013

New landed development @ Sunrise Terrace - Preview Sales! Preview some of the latest properties











New landed development @ Sunrise Terrace - Preview Sales!

Sited in a private residential enclave at Sunrise Terrace, this development consists of 78 cluster landed homes; each home is 3-storey high with a roof terrace that provides a platform to strengthen multi-generational relationships within the family.

This development features resort-like facilities which will offer residents respite and rejuvenation from the hustle and bustle of the city life. Only a short drive away from heartland towns such as Ang Mo Kio, Yio Chu Kang and Upper Thomson, residents can enjoy convenience from these amenities. A host of dining and entertainment options can also found along the nearby Jalan Kayu and Greenwich V.

Sunrise Terrace’s close proximity to Seletar Aerospace Park has also made it a choice location for many landed property buyers. When fully operational in 2018, the Seletar Aerospace Park will be a modern aviation centre with over 10,000 workers and professionals. This augurs excellent investment opportunities as more local and foreign professionals will be looking to buy and lease properties within the estate.

DEVELOPER: BULLION HOLDINGS PTE. LTD & CABANA JV PTE. LTD CO. REGISTRATION NO. 198004199K & 200812283C DEVELOPER'S LICENCE NO.: B1569 TENURE: LEASEHOLD 103 YEARS FROM 12 AUGUST 2013 LOCATION: MK 18 LOT 16676V AT SUNRISE TERRACE EXPECTED VACANT POSSESSION DATE: 30 JUNE 2018 EXPECTED LEGAL COMPLETION DATE: 30 JUNE 2021

STAR BUYS - 3 Year Waiting Period for PRs to Buy Resale Flats‏

From now till 17 Sep 2013.
FEATURED STARBUYS ARE SUBJECT TO AVAILABILITY ON FIRST COME FIRST SERVE BASIS.
Hillsta at Phoenix Road

•Located next to Phoenix LRT Station, and an 8-min walk to future Bukit Panjang MRT Station (to be ready in 2015).

•Connected to the city via PIE and BKE.

•Close proximity to a myriad of entertainment and leisure options in the vicinity such as Junction 10, Bukit Panjang Plaza, The Rail Mall and Lot 1 Shoppers' Mall.

•Pockets of greenery at the nearby Bukit Timah Nature Reserve, Bukit Batok Nature Park and Bukit Batok Town Park (Little Guilin).

•Schools nearby (within 2km) include South View Primary School, Teck Whye Primary School, West View Primary School and Choa Chu Kang Secondary School.

Star Units:#20-02
•581 sq ft
•1 Bedroom Apt

Star Perks*:1.Additional 2% Direct Discount
Click here to find out more about Hillsta.

The Lanai at Hillview Avenue

•Rare 999-year Leasehold.

•Sited between the prestigious Bukit Timah District and the upcoming Jurong Lake District, Singapore's newest lifestyle and commercial centre.

•Near Bukit Batok and Bukit Gombak MRT Stations and the upcoming Hillview MRT Station (ready by 2015).

•Malls in the area include The Rail Mall, West Mall, Bukit Panjang Plaza and Junction 10.

•Schools in the area include Pei Hwa Presbytarian Primary School and CHIJ Our Lady Queen of Peace.

Star Unit:
#04-11
•1,302 sq ft
•4 Bedroom Compact Apartment

Star Perks*:
1.Additional 2% Direct Discount

Click here to find out more about The Lanai.

euHabitat at Jalan Eunos (off Foo Kim Lin Road)

•5-min drive to Eunos MRT Station.

•8-min drive to East Coast Park.

•15-min drive to CBD.

•Near reputable academic institutions such as Victoria Junior College, Temasek Junior College and Temasek Polytechnic.

Star Unit:#01-86
•614 sq ft
•1 Bedroom SOHO

Star Perks*:1.Additional 2% Direct Discount

Click here to find out more about euHabitat.

                                                                                  

eCO at Bedok South Avenue 3

•5-min walk to Tanah Merah MRT Station.

•6-min drive to Changi Business Park.

•7-min drive to East Coast Park and Parkway Parade
.
•Close proximity to Singapore's fourth University, Singapore University of Technology and Design (SUTD) - Changi campus to be completed in 2015.

Star Unit:#03-14
•635 sq ft
•1 Bedroom SOHO

Star Perks*:1.Additional 2% Direct Discount

Click here to find out more about eCO.

Saturday, 8 June 2013

Far East Organization awarded unprecedented 8th FIABCI Prix d'Excellence - Enjoy an additional 1.8% discount off our residential, commercial and industrial developments


AWARDS AND RECOGNITION
FAR EAST ORGANIZATION IS COMMITTED TO PROVIDING CUSTOMERS WITH INNOVATIVE, QUALITY REAL ESTATE.

EVERY DEVELOPMENT IS CONCEIVED, EXECUTED AND DELIVERED WITH PASSION, ACHIEVING NEW HEIGHTS OF EXCELLENCE AND SETTING NEW STANDARDS FOR THE INDUSTRY. THE SUCCESSION OF AWARDS GARNERED BY THE ORGANIZATION SPEAKS VOLUMES FOR ITS ACHIEVEMENTS, CULMINATING IN NEW RECORDS ON BOTH THE INTERNATIONAL AND NATIONAL REAL ESTATE ARENAS.
FIABCI PRIX D'EXCELLENCE

THE FIABCI PRIX D'EXCELLENCE, AN INTERNATIONAL BENCHMARK OF EXCELLENCE, IS THE ANNUAL ACCOLADE OF AWARDS BESTOWED ON THE WORLD'S MOST DISTINCTIVE PROJECTS WHICH HAVE DEMONSTRATED SUCCESS IN THE AREAS OF ARCHITECTURE AND DESIGN, DEVELOPMENT AND CONSTRUCTION, FINANCIALS AND MARKETING, ENVIRONMENTAL IMPACT AND COMMUNITY BENEFITS.

The Westcom - Brand New B2 Industrial Development in Tuas Launching Soon!


The Westcom - Brand New B2 Industrial Development in Tuas Launching Soon!

Be amongst the first to find out more about this upcoming industrial project.
  • Estimated unit sizes from 1,980 sq ft
  • Near Ayer Rajah Expressway and Pan Island Expressway
  • Increased connectivity when Tuas West Extension is completed in 2016, adding four new MRT Stations in Tuas

  • The Siena SOHO homes offering beautiful modern architecture. Nestled within the prestigious Bukit Timah residential precinct.










    Far East SO/HO presents another trend setting development offering creative spatial designs that celebrate flexible spaces, excellent connectivity and strategic location for the avid urbanite. A new SOHO at Farrer Road, will define a new era of SOHO-living offering an integrated lifestyle concept where living, leisure, working and connectivity converge in one address at Farrer Road.

    As a SOHO product, the development was designed to allow the creative spirit to grow, imagination to spread its wings, and conventions to welcome a more open way of living. The inspiration behind this unique product arises from the interestingly irregular boxy façade that slides open in constant reconfiguration.

    The architecture beckons for an open call to think out of the box, to see the home not just as a space confined to four walls, but as a launch pad to the rich and varied experiences that make up its surroundings.
    Nestled within the prestigious Bukit Timah residential precinct, this new SOHO at Farrer Road is within an area of lush greenery, upmarket residential developments, quaint shophouses, great dining options and numerous good local and international schools as well as expatriate clubs.

    Bukit Timah is the choice location for parents who have school-going children from primary to tertiary levels. Reputable local schools in the neighborhood include Raffles Girls’ Primary School, Methodist Girls’ School, Nanyang Girls’ High School, and Hwa Chong Junior College.

    Just a stone’s throw away, residents can embrace 74 hectares of lush exotic greenery thanks to its close proximity to the Singapore Botanic Gardens. The Gardens offer a great respite from the hustle and bustle of the city and an urban oasis of tranquility.

    Nature lovers have much to cheer as the ‘Green Belt of Singapore’ offers nature parks, reserves and reservoirs worth exploring. Residents can walk along the nature trail or enjoy a hike at the Bukit Timah Nature Reserve, soak in the scenery or take a leisure walk along the Village Trail that leads to MacRitchie Reservoir.

    Foreign clubs in the area include the British Club, the Swiss Club, the Singapore Island Country Club, the Bukit Timah Saddle Club and the Raffles Town Club. Come 2015, Bukit Timah will be served by Downtown MRT line, connecting residents to the Central Business District and Marina Bay area.

    More details on this new SOHO at Farrer Road:
    • SOHO homes offering beautiful modern architecture
    • Nestled within the prestigious District 10 enclave
    • Within the Green belt – Bukit Timah Nature Reserves, Parks and Reservoirs
    • A stone’s throw from world renowned Botanic Gardens
    • Close proximity to many reputed local and international schools
    • Easy access to major expressways
    • Within 8-mins walking distance to Botanic Gardens MRT station
    • Near to a variety of fine dining options and shopping centers
    • Minutes away from Orchard shopping belt

    Friday, 1 February 2013

    Special Promotion: Hillsta- Luxury Hillside Residences from $580,000 onwards*

    Hillsta- Luxury Hillside Residences From $580,000 onwards*!!!

    Join us for Lunar New Year lunch and let us share with you our brand new white SOHO showflat

    Date   : 11 Feb2013 (Monday)
    Time  : 12-2pm
    Venue : Hillsta Sales Gallery (Phoenix Road / CCK Road)

    Saturday, 13 October 2012

    eCO- Over 480 units sold! - New release of Suite & SOHO apartment. Price from $766,000

    A new way to live takes root in the East. Live in harmony with nature.


    eCO is a unique residential development located along the raintree-lined heritage road of Bedok South Ave 3, nestled within an established private residential area. 5-minute walk to Tanah Merah MRT Interchange station & well connected to ECP & PIE.

    eCO offers five residential lifestyles – SOHO, Suite, Loft, Condominium and Townhouse, all within one gated community.


        Virtual Tour



    Tuesday, 28 August 2012

    eCO- Upcoming launch ~ In Harmony with Nature

    ECO- COMING SOON... 18 September 2012

    Buy Far East Property? Must Call+65-97836199 / michelleccn@live.com for Free of charge Referral to enjoy an extra 1%-1.5% Referral Discount on top of all discounts from Far East Developer on the spot of your Booking.

     

    About eCO - The Concept

    eCO is a unique residential development located along the raintree-lined heritage road of Bedok South Avenue 3, nestled within an established private residential area. eCO offers five residential lifestyles – SOHO, Suite, Loft, Condominium and Townhouse, all within one gated community.

    In harmony with nature – this is the inspiration behind eCO. The development is conceived as a “community in a garden”, where the outdoor environment and garden spaces are carved out as different characters for the enjoyment of residents. Rich tropical landscape, majestic rain trees, lush gardens and leisure spaces will form the backdrop where the community will learn and grow together. Planned as an ideal home in harmony with nature, eCO “green” features includes a rain garden for rain harvesting, eco-stream, vertical greenery and community garden where residents can grow their own vegetables.

    eCO would be a development consciously designed to integrate with the landscape of its vicinity, to attract selected nature species of flora and fauna. The aim of eCO’s ecological design is to produce a truly exemplary, innovative and ecologically informed housing development. eCO will be expertly ‘greened’ by Dr Ken Yeang a world renowned Malaysian architect and writer well known for advancing green design and planning. For The ecologist, under Ken Yeang working together with ICN Design International, our landscape consultant mapped the flora and fauna and the birds found in the vicinity and this formed the basis for eCO.

     

    Transformation of the Bedok Neighbourhood

    By 2015, Bedok Town Centre will be revitalised into a vibrant hub with a better dining experience created at the new hawker centre, multi-storey car park, town plaza and heritage park. Sports enthusiasts can also look forward to the integrated Community and Sports Complex located within the town centre. When completed, the town centre will also have a fully air-conditioned Bedok Bus Interchange that will have a direct link to the Bedok MRT Station.

     

    Proximity to a Wide Array of Amenities

    • 5-minute walk to Tanah Merah MRT Interchange station & well connected to ECP & PIE
    • Wide range of shopping, dining and entertainment options at the nearby East Coast Seafood Centre, Bedok, Simei and Changi South
    • Reputable academic institutions such as St. Anthony’s Canossian Primary School, Anglican High School and Temasek Junior College are within a 2km radius
    • Proximity to the Changi Business Park and Singapore’s 4th University, Singapore University of Technology and Design
    • Outdoor recreation facilities includes; Bedok Reservoir Park, East Coast Park and Laguna National Golf and Country Club
      http://www.fareast.com.sg/en/Residential/For-Sale/Properties-By-Name/eCO/Layout.aspx
    http://www.fareast.com.sg/eco?utm_source=External

    Saturday, 16 June 2012

    CELEBRATION PROMOTION Special Additional 2% Discount on selected units*.Valid till 24 June 2012 + Call 9783 6199 for additional 1.5% Referral Discount.


    Far East Organization has achieved a new sales record of over 2,200 residential
    units* sold within 5 months. Enjoy an additional 2% off on various residential 
    developments+with Far East Organization’s CELEBRATION PROMOTION**;
    from condominium apartments, SOHOs, townhouses to landed homes.+.


    Take advantage of these special additional discounts to own a home of your desire.
    This promotion includes industrial, commercial and medical suites too.

    Please click on the projects to find out more.

    Legend: 2%, 1%

    Legend: 2%, 1%

    * The number of units sold is from 1st Jan to 31st May 2012 and includes sales by Far East Organization in joint venture projects.
    ** Terms and conditions apply. For new purchases only. Subject to changes without prior notice.
    + Apply to selected units within each development.

    Wednesday, 2 May 2012

    SeaHill ~ Luxurious Seafront Living in West Coast

    SeaHill – Open for sale! Register your interest with us today!




    SeaHill is a  new development by Far East located on a premium land along West Coast Link, across the road from West Coast Park. SeaHill is designed for the ultimate in luxury living and offers four housing types – SOHO apartments, condominium units, spacious townhouses and serviced residences managed by the developer. As there is a serviced residence tower within the development, owners of SeaHill can have access to professional concierge and housekeeping services. To ensure privacy of owners staying within SeaHill, the carparks and landscape features are separated for each product (SOHO apartments, condominium units, townhouses and serviced residences). Majority of condominium units and SOHO apartments at SeaHill enjoy panoramic sea view! Be Wow-ed!




    SeaHill is an elegant development nestled at the junction of West Coast Link and West Coast Crescent. Located at a premier location within the exclusive West Coast residential estate, the residential development is just across the road from West Coast Park, which boasts a host of recreational facilities.

    Great Amenities Nearby

    There are numerous shopping, dining and entertainment outlets in the vicinity. Within 10-min walk from SeaHill, there are wet markets, hawker centres and retail outlets at West Coast Plaza. If you're looking for some excitement, some of the best entertainment spots is just 5 to 10 minutes' drive away. These include VivoCity, St James Power Station, The Jewel Box, Resorts World Sentosa and Universal Studios offering alfresco cafes, waterfront dining, and exclusive entertainment options. 

    It is also a short drive to the Central Business District, Marina Bay, NUS University Town and the research & innovation hub at one-north.

    Excellent Accessibility

    SeaHill is well-connected to major arterial roads and expressways such as West Coast Highway, Clementi Road and Ayer Rajah Expressway. There will also be shuttle bus services to the nearby Clementi MRT Station and Haw Par Villa MRT Station.

    Good Selection of Unit Types

    SeaHill will offer well-designed 1 to 3-bedroom residences, 1 and 2-bedroom SOHO apartments, and spacious 4-bedroom townhouses.
    As one tower in this luxurious development will be operated as a serviced residence, Oasia West Serviced Residences, owners can have access to concierge and housekeeping services upon request. 

    Thursday, 5 April 2012

    Hillsta - Enjoy additional 1.5% from our Loyalty Buyer Referrals Discount... Attractive prices From $620k...


    Hillsta - Condo, Townhouse & SOHO apartments NEW Launch discounts 12% + 5% + 2% Furniture Vouchers*(upon TOP) + + additional 1.5% from our Loyalty Buyer Referrals Discount... Attractive prices From $620k...


    Text / call: 9783 6199 for VVIP Referrals Preview  http://facebook.com/michelleccn
    *FREE Facial Rejuvenation Package worth $800 upon executed the S&P

    Wednesday, 4 April 2012

    Hillsta ~ Condo, Townhouse & SOHO apartments - Attractive prices From $620k. Enjoy additional 1.5% Buyer Referrals Discount from 9783 6199


    Hillsta - New Launch - Open for sale NOW!


    Launch discounts 12% + 5% +
    2% Furniture Vouchers*(upon TOP) +
    additional 1.5% Buyer Referrals Discount Appt call: 9783 6199


    The first of its kind in Choa Chu Kang, Hillsta is distinctive with its lovely sprawling cascading gardens with three different housing options – condo, townhouse & SOHO apartments.

    Good Connectivity and Wide Selection of Amenities

    Hillsta is well-connected by the extensive transportation network surrounding it. It is a 8-min walk to the upcoming Bukit Panjang MRT Station on Downtown Line. Accessing a host of amenities is a breeze for residents as the development is located near an array of amenities and shopping malls. These include the Bukit Panjang Plaza, Lot One Shoppers’ Mall, The Rail Mall and the newest cosmopolitan mall, Junction 10 – a 7-min walk away.
    Closer to the Bukit Batok and Hillview area, residents can also find pockets of greenery at the Bukit Timah Reserve, Bukit Batok Nature Park and Bukit Batok Town Park (Little Guilin).

    Exciting Developments Nearby

    A few MRT and LRT stations away, the much anticipated Jurong Lake District is on track to transform into a unique business and leisure destination as envisioned by the Government. Aside from a mix of office, retail, hotel, entertainment, F&B and other complementary uses, one can also look forward to a scenic waterfront park and promenade.
    Jurong Lake District is set to bode well for rental properties in the surrounding towns and precincts.

    http://www.fareast.com.sg/Residential/For-Sale/Properties-By-Name/Hillsta.aspx

    Wednesday, 1 February 2012

    Watertown - Overwhelming response - 935 units sold!

    Suites & Residences SOLD OUT! New release of 2 & 3 bedroom SOHOs and 4 bedroom apartments!


    http://www.youtube.com/watch?v=6Gf9rmxbY9U&feature=player_embedded#!




    Coastal Town of the 21st Century
    The first integrated waterfront lifestyle development in Singapore
    Directly above Waterway Point that will host popular shops, boutiques, gastronomical delights as well as Singapore's first basement 11-screen cinema. Connect directly to the rest of Singapore through Punggol MRT/LRT station that is integrated directly with Watertown.


    Watertown offers a range of housing types that include Suites, SOHO apartments, Residences, and Sky Patios.


    Waterfront Shopping
    Residents can look forward to an array of urban conveniences at the integrated retail mall, Waterway Point. The first major retail mall in Punggol, Waterway Point has a wide offerings of entertainment, dining, and retail facilities, including a 1,000-seat cinema.


    Alongside Punngol Waterway
    The recent opening of Punggol Waterway would allow residents in Punggol easy access to a host of recreational activities. This scenic waterway features a 4.2 km long waterway that offers pockets of greenery, promenades, cycling tracks and water sports where residents can engage in a number of outdoor activities. It is also in close proximity to the Seletar Country Club.


    Punggol 21 Plus
    Conceived as part of the government's Master Plan for Punggol 21 Plus, Watertown will benefit from the interesting recreational amenities and the housing and infrastructure developments that are well underway in the neighbourhood, including the nearby Coney Island.


    A project jointly developed by Frasers Centrepoint Limited, Sekisui House, and Far East Organization.
    http://www.fareast.com.sg/FEOCorp.Web/index.aspx?page=home-prop-info&prop=342

    Thursday, 29 December 2011

    今年远东机构卖房高居榜首 Experience the integrated lifestyle. Soho-style project "small office, home office"

    All 338 units sold at Far East's The Tennery in Bukit Panjang.

    Like The Tennery, The Hillier is also integrated with a mall, the HillV2.
    "small office, home office" Your unique residence. Your creative office.


    The Hillier is located at one of Singapore's most desirable districts in Hillview.

    The Hillier offers a world of possibilities in living, working & leisure. Work anywhere you want. In your home office. In the business pods set amidst lush greenery.

    《联合早报》(2011-12-30)
    1.远东机构卖房高居榜首 - 今年共卖2725个私宅
    2.丰隆集团位居第二 - 卖出1484个私宅
    3.星狮地产获得季军头衔 - 卖出1097个私宅

    Register your Interest Now for Special
    Previews & Get additional 1.5% Loyalty Customer Referral Discount.

    Appt:+65-97836199 / michelleccn@live.com

    Thursday, 15 December 2011

    The Hillier - Open for sale! Prices from $688k (New York and London Style)

    The Hillier - Best price to grab one ideal home as the best gift for you and your loved ones on 16th DEC ! (Launch discounts 10% + Early bird disc 5% + 3% ABSD rebate* + 3% Furniture Vouchers* + additional 1.5% Referral discount. Total Discount 22.5%* from FEO*
    The Hillier New York and London SOHO-style residences sited above an exciting retail mall, HillV2.
    Be up close with nature. Embrace lush greenery. Explore Singapore’s largest and most pristine rainforest, the Bukit Timah Nature Reserve. The tranquility of nature abounds.

    The Hillier is an elegant development nestled in Hillview Ave - a private residential enclave surrounded by lush greenery including the Bukit Timah Nature Reserve and Little Guilin (Bukit Batok Town Park). It features SOHO-lifestyle residences sited above a commercial podium, HillV2, where residents are offered a range of retail and F&B options.

    Hillview is not far from the chic The Rail Mall, which houses a stretch of restaurants, a Cold Storage, and other amenities for the convenience of nearby residents. The West Mall and IMM are also within 10 minutes’ drive away.

    By 2015, Hillview will be served by the upcoming Hillview MRT Station - a 3-min walk away - on Downtown Line 2. The new MRT line will also connect residents to numerous good schools in the Bukit Timah area.

    5mins’~ Walk to the upcoming Hilliew MRT station-new Downtown Line2
    15mins’~ Drive to the renowned schools like Raffles Girls’School & Hwa Chong Institution
    16mins’~ Drive to Holland Village & Dempsey Hill


    Unit type A, B and C are available for selection.

    New York Tower: 270 units
    Type A: 48-54 sq m (517-581 sq ft)1BR SOHO
    Type B: 55-63 sq m (592-678 sq ft)1+1BR SOHO
    Type C: 76/78 sq m (818/840 sq ft)
    2+1BR SOHO

    London Tower: 258 units
    Type A: 47-58 sq m (506-624 sq ft)1BR SOHO
    Type B: 57-60 sq m (614-646 sq ft)1+1BR SOHO
    Type C: 75-78 sq m (807-840 sq ft)
    2+1BR SOHO
    http://www.fareast.com.sg/FEOCorp.Web/index.aspx?page=home-prop-info&prop=349

    Tuesday, 13 December 2011

    The Scotts Tower – New launch in Scotts Road!‏ Post ABSD!!!


    THE SCOTTS TOWER
    Experience city living at its best at The Scotts Tower. http://edm.iproperty.com/sg/FEOTST/index.html

    Located in prime district 9 at the intersection of Scotts Road and Cairnhill Road, The Scotts Tower is designed by international award-winning Dutch architect, Ben van Berkel of UNStudio. Read about the architect's concept for TST here

    This development comprises 231 SOHO-concept apartments that offer breathtaking views over the height of 31 storeys, with recreational facilities abound at Level 1 and on the sky terraces on Level 2 and Level 25.

    Prime Location The Scotts Tower enjoys close proximity to the shopping belt at Orchard Road, residents have easy access to a plethora of shopping malls and promenades at their doorstep, and a huge variety of international dining options. Recreational facilities such as American Club and Tanglin Club are in close proximity.

    Easily accessible via the Pan Island Expressway (PIE) and Central Expressway (CTE), connectivity to The Scotts Tower is enhanced with Newton and Orchard MRT Stations nearby.

    Premium OfferingsThe SOHO residences offer semi-white plans which allow residents to customise their personal space. Each unit comes with the most premium designer fittings from Fantini Milano, Geesa Nexx, Reginox Ontario and Gaggenau.

    About the ArchitectUNStudio has won numerous awards, amongst which is the 2009 red dot award: best of the best, for the Mercedes-Benz Musuem in Germany. http://www.fareast.com.sg/FEOCorp.Web/index.aspx?page=home-prop-info&prop=53

    Sunday, 11 December 2011

    Discounts galore from developers post-ABSD...

    Developers are already offering packages on homes to offset the stiff new stamp duty measures! Far East Organization is offering a 5% relief package* to affected buyers at all of its already-launched projects. It will reimburse buyers 3% of the unit price to offset the new stamp duty. Buyers will also get a furniture voucher worth 2% of the flat price.

    They will get the voucher only after putting down a 30% deposit if the project has not been completed.
    The package applies across the board to Singaporeans, permanent residents (PRs) and foreigners, so foreigners will still be worse off after the new measures.

    First-time Singaporean & PRs home buyers generally cheered the move...


    Far East's already-launched projects have another discount that differs between properties.

    Prices of units at its Seastrand project in Pasir Ris Drive 3 are discounted by up to 14%, making the cheapest unit an estimated $937psf. But with only three- and four-bedroom units left and the smallest three-bedder at 1,109sqft, the minimum purchase now would cost about $1.04 million before stamp duty.

    With an additional 10% buyer's stamp duty for foreigners of $104,000 now, Far East's relief package would help a buyer save almost $52,000 - about $30,000 initially and the rest subsequently.

    However, a Far East agent said that unofficially the discount rate could go up to 16% of the original unit price. This means buyers can negotiate a 21% discount off the original total price by combining the uniform 5% cut with the discount that applies to the Seastrand.

    This would more than offset the extra stamp duty incurred, although it is believed that the discount applies on a case-by-case basis.

    Far East has not announced a dateline for its relief package but the agent said it could last until the end of this month.


    ABSD: Case of not all foreigners being equal...

    Citizens of five countries that have free trade deals with Singapore, including the United States and Switzerland, will be treated as Singaporean for the purposes of the new stamp duty measures. Americans, Swiss and nationals from Liechtenstein, Norway and Iceland will be treated the same as Singapore citizens, the taxman said in a guide on Wednesday.

    根据政府刚宣布的第五轮降温措施,外国买家和非个人购买私宅时,必须缴付额外10%买方印花税。买方也仍须支付原有约3%的印花税率。不过,与我国签署自由贸易协定的五个国家的公民,则无须支付额外10%印花税。这五个国家分别是美国、瑞士、列支敦斯登、挪威和冰岛