Palette @ Pasir Ris is a condo near Pasir Ris Road.
Palette @ Pasir Ris is a new residential condo development very near to the Pasir Ris MRT station and White Sands Shopping Centre.
Palette @ Pasir Ris comprises of 12 towers of 12/14 storey of total eight hundred ninety two residential apartments with complete condo facilities at Pasir Ris Grove.
Indulge with full condo facilities with 2 tennis courts and other big selection of entertaining facilities for you and your friends.
If property is purchased for investment, investors ought to evaluate the value of holding the property against the potential yield that would include lease and capital. Currently, any rental yield upwards of 3 % would be thought to be a good return considering that the expense of borrowing would hover around or beneath 1 %. Mortgage providers would be in better position to help you to verify the affordability of a property with their experience.
It may be best to sell your property when the market is strong and in high demand, thus keep an eye on the Singapore property market. Usually, the property market tends to be stronger in early and late summer than the rest of the year, thus aim to sell your property then. Also avoid contesting with your neighbours, thus if there are already many “For Sale” signs on your street, it may be better to wait a bit.
The underlying steadiness in the real estate market must not be miscalculated as mishaps in the US and Europe have caused an enduring and prolonged low interest rate environment in our country with USA Federal Reserve declared to extend USA interest rate at current low levels until 2013. The low interest rate setting will see a lot of money being injected into the real estate market in search of better return assets.
Palette @ Pasir Ris is designed with towers arranged in “wave formation” that removes appearance of wall-like development and enhances tower to tower spacing and pleasant views. Every tower enjoys different views and vistas. Most of the towers is designed as Point tower concept with only four apartments per tower.
The recently introduced additional buyer’s stamp duty will probably lead to descending secondary market sales, as this will lead to a mismatch in price expectations between buyers and sellers over the next few months. The newer condos seem to have newer designs or layouts and quality fittings. Older condos are usually simpler and bland, they don’t come with all the frills like the communal facilities and amenities. The new property available in trhe market are better than older resale properties normally.
For those who own income-producing real estate, you should also be responsible in ensuring your investment property provide income for you. Investment real estate isn’t a ‘hands off’ sort of asset class, as it will need to be managed so as to remain in demand by tenants. You should also ensure constant efforts to make this real estate maintained and filled in order that you’ll be receiving your rent every month and that real estate isn’t falling into a state of disrepair or abuse by the tenants.
Palette is equipped with Green features with provision of electrical charging for electric/Hybrid cars, compost reusable from horticulture waste, sun pipes to usher in natural daylight into the basement car park and LED lights for basement car park.
Palette @ Pasir Ris Apartment Information
Development Type : Residential
Site Area : 461,315 sqft
Anticipated TOP : Dec 2016
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