Are you looking for a wonderful place with a unique lifestyle? Look no more, 8 Saint Thomas is the best place for you, and it is the place where you can move with the possibility of an affordable apartment.
The place is ranked as the best place to live on. 8 Saint Thomas is located on the expressway; it is one of the finest apartments in Singapore since it’s mainly situated to ensure that you live an extravagant life within the city. The apartment is available to the whole world, with Saint Thomas stroll and river valley roadway as the significant roadways in and also out of the city. 8 Saint Thomas is an incredible place since it’s concerned with satisfying your household requires.
This is when it provides a number of flooring strategies, they also consider convenience according to the customer’s requirements which are subjected to modifications by the programmer. 8 St Thomas is located in the CBD of the city, the place for you to live since it is close to shopping malls as well as entertainment outlets in the orchard, it is also close to trendy pubs along Singapore River and Robertson Quay area. As a customer, you should also consider 8 St Thomas freehold advancements with 99-year leasehold at www.8-st-thomas.sg.
The place is located in the area of amazing economic and social facilities which include; Scape mall 313 Somerset mall Great world city mall Takashimaya shopping center Finishing supplementary school Cathay cineleisure orchard mall Anglo Chinese junior schoolThis is few of the amenities for those who will choose to move to 8 St Thomas. It is a development of freehold located in the St Thomas district. The position of St Thomas was specifically selected to suit all type of customers interested in the place all over the globe; there are 219 units in the development. Other amenities at 8 St Thomas are the following;• 24- hour security• Concierge• Indoor gym• 50-meter lap pool• Children’s playground• Garden landscaping• BBQ areas.
8 St Thomas land amount to 28 square meter that is total gross floor area. The project consists of 2 blocks built with different heights. One of the projects consists of 36 storeys while the other one consists of 35 storeys. Bukit Sembawang estate limited developers indicate that 8 St Thomas will most likely consist of units of different rooms which will range from 1 bedroom to 4 bedrooms units to suit different customers with different requirements regarding room size. The development will consist of two different facing, the Devonshire road facing and the river valley facing. An unblocking view will be available for the people who will be situated on the 6th floor and above.
8 St Thomas condo is considered one of the high freehold developments as it is located in the heart of the city. It represents the perfect opportunity for the buyers looking for freehold developments. There are good schools are located near the place for the school-aged children. It has a reasonable price; it is the best place for you if you are looking for a new home to live in or your next investment home. Choosing to live at 8 St Thomas is the best thing to do because the area is an advantage
to you as the buyer since the place allows you easy accessibility and travel.
Executive condominiums are popular in Singapore as a style of public housing that was introduced back in the early 90s. Executive condominiums (or ECs) are considered to be a combination of public and private housing, and can be found throughout Singapore. ECs are highly appealing to prospective buyers, as they contain amenities similar to private condominiums such as swimming pools, playgrounds, landscaped gardens, tennis courts, function rooms, BBQ pits, gyms and in-house security staff.
There are plenty of benefits of living in an executive condominium in Singapore, and one of them is the economic advantage. ECs can ask for a lower purchasing price – roughly 20-30 percent lower than private condominiums – from the buyer because these prices are subsidized by the government. This unique mix of affordable pricing and luxury living makes them hugely appealing to first home buyers or for those looking for a quality investment property. Housing grants can also be used to finance the purchase of the property, and given that this amounts to up to $30,000, that can make it even more financially feasible for many citizens.
The difference between ECs and actual condominiums are slight, with ECs consisting of the same features and additions as private condominiums, but with government-mandated regulations and rules that must be followed by tenants. These regulations come into play during the application process, whereby each applicant must be declared eligible for this type of housing, as there are the various criterion that you must meet in order to be thought of as eligible. These include:
– Being a Singaporean citizen
– The household income being lower than $14,000
– Not having owned any property, locally or globally, in the past 30 months prior to your application, or owning any property currently
– The applicant hasn’t previously owned more than one EC housing property, as you can only buy subsidized
There are also various schemes you must apply under, such as Public, Single, Fiancé, and Orphan, as well as a minimum occupancy period (MOP) of five years. This means any owners must reside in the EC for that timeframe until they can rent their unit to others, or sell it. So while there are plenty of hoops applicants are required to jump through, the end result of owning your own EC is worth it.
ECs are the perfect way to get into real estate, especially for those that fall into what’s known throughout Singapore as the ‘sandwich class.’ That is, those who live comfortably within their means yet earn too much income to qualify for any of the previous housing grants available, and aren’t able to afford the high cost of private condominiums. And not only are ECs able to provide security and stability, but they’re also in beautiful, prime locations such as Pasir Ris, Jurong East, Tampines, Choa Chu Kang and Bukit Panjang, just to name a few.
While purchasing an EC can also make for a suitable investment, the MOP makes it difficult to forecast future investing. This is because the Singaporean government has created the plan with homeownership in mind, in order to easily house those citizens who might have been struggling by giving them a better, more affordable option. Overall, buying an executive condominium is a great move for any Singaporean citizen.