High Park Residences - A new lifestyle

Get ready for an innovative lifestyle at this ground-breaking development which sets the direction for future residential projects.

By SPH Content Studio
June 29, 2015

Home. A place where you feel safe, secure and totally at ease. Where you can relax and be yourself, cook a meal, raise a family, enjoy the company of those you love and forge memories for the future.

And now, you can add varied experiences to the mix as well.

That’s because a new way of living is being pioneered at High Park Residences, a 1,399-unit residential development that goes beyond the usual trappings of an upscale residence. It has the requisite bells and whistles – 118 facilities, to be exact – on top of a high built quality and sophisticated design, but that, as they say, is not all.

Located between Lorong Tanggam, Sengkang West Way and Fernvale Road, this inventive new development is in young but vibrant Sengkang. Surrounded by the area’s comprehensive amenities, solid infrastructure and excellent transport facilities, High Park Residences sits on a spacious 366,167 sq ft of gently tiered land, such that the elevation of the ground floor unit is already some 8 to 14 metres above street level.

It will be made up of 6 towers comprising 1,376 apartment units ranging from studios to 5-bedroom apartments, 10 strata semi-detached, 4 strata bungalows and 9 food and beverage-ready commercial units. The residential towers are generously spaced apart and carefully oriented to offer refreshing views of the lush internal landscape as well as unblocked external views towards the Straits of Johor to the north.

Exclusive High Park Club Access

Everyone has interests they’d love to pursue but never find time to. At High Park Residences, this could very well be a thing of the past. Its High Park Club – a unique club exclusively for residents – offers lifestyle classes free of charge. Through tie-ups with relevant industry professionals, a whole world of experiences opens up. For instance, Wolfgang Violin Studio – whose director is Singapore’s award winning international violinist, Min Lee – will conduct violin lessons for children.

Want to get fit? Try the fitness classes such as aerobics, yoga, kick-boxing and Pilates conducted by leading fitness chain Amore Fitness. How about whipping up a meal for friends and family? Sign up for cooking lessons and pick from baking classes for all age groups or different cuisines.

Alternatively, learn to play tennis or join a swimming or aqua aerobics workout class – all in the safe and convenient confines of High Park Residences.

Space to be creative, to be yourself

At High Park Residences, the individual’s innate creativity is recognised, encouraged and celebrated. For instance, musicians will love the jamming room in the development, where they can unleash their musical talents – and live out their rock star dreams – without fear of disturbing the neighbours.

How about a bit of adventure? Adrenaline-driven folks will be able to try its Flying Fox facility and indulge in their adventurous side, zipping through the air.

Seeking more action? Go for High Park Residences’ pool table, futsal and even boxing ring.

Meanwhile, every other residential development has a pool but only at High Park Residences are such facilities truly exciting. Not only are the multiple pools spread across the development well-harmonised with the landscaping, they also include the longest cascading water body that falls 6 metres down from the top tier 50-metre lap pool to the lagoon pool, as well as a thrilling, 3-metre high swirl and splash water slide – a first for a residential development.

However, if all you want is to sit back and watch a good movie or catch a nail-biting football match on the big screen, then head to one of three indoor movie theatrettes, or the larger outdoor theatrette.

Worry-free F&B and many more

If you don’t feel like cooking but are not in the mood to venture outside of home, then eat “out” at the F&B outlets within the development. Expect a variety of cuisines and a relaxed atmosphere at these dining outlets, which are a welcome relief to hungry stomachs after a long day at work.

Further, parents will find the convenience of having a childcare centre right where they live simply priceless. No more frantic rushing to drop off or pick up your child before or after work, and peace-of-mind knowing that the little one is in safe hands at the childcare centre, which, together with the commercial units, comes with parking lots for the public.

Indeed, there is so much more to life and High Park Residences is leading the way in showing the possibilities.

This, is the future of residential living.

5 Interesting facts about Melbourne

5 Interesting facts about Melbourne

1. 1.     Melbourne’s CBD is just 1.6km long. This bustling area starts from Spencer Street to Spring Street.
2. 2.     The Largest train station in Australia is Sothern Cross Station. It also happens to be the most expensive train station at 6 estimated Million Dollars
3. 3.     Melbourne is voted 4 times in a row the most livable city in the world.  The criteria is based on many factors such as education, transportation, accessibility, hospitality etc.
4. 4.      You may come across quite a few Victorian looking buildings in Melbourne’s central area as the government wants to maintain it heritage façade. Therefore new buildings have to get approval before construction.
5. 5.     This is the most interesting fact. The government actually sells airspace to the developers. For example, Collins house by Golden Age Development architecture is like an inverted “L”. From level 15 onwards it is jutting out over the bank beside it. The space jutting out is  air space bought by the developer.

More about Collins House click the link.

Asians continue to invest in the West

The movement of money from Asia to Western markets in Europe and the United States will likely still be a major influence on global real estate this year, according to the Global Emerging Trends in Real Estate 2015 report jointly published by PwC and the Urban Land Institute (ULI).

The report, based on the views of senior global property investors, found that 84 percent of Asia-Pacific respondents expect cross-border capital into Europe to increase significantly.

Local money coming out of China and South Korea will continue moving into international markets, and will be supplemented in the coming years by pension fund capital from Japan.

The so-called ‘flight to safety’ effect was cited as another reason leading many investors to move capital to perceived safe havens.

Meanwhile, money flows into major assets in the UK and US is likely to shift towards less high-profile cities in Germany, France and the US, noted the report.

Simon Hardwick, PwC Legal partner and one of the report’s authors, said: “There is still a wall of capital targeting real estate opportunities in many markets across the globe. The search for better yields has taken some investors into development and secondary markets, moving them up the risk curve. But investors must strike a balance between the need to deploy capital and the ability to achieve good returns, at a time when there is such a difference in the economic conditions across the globe.

“Real estate investors have a wide range of issues to consider when making investment decisions. What is clear is that they may have to approach those decisions in a completely different way in the future. Capital allocations may need to be made to a wider range of asset types than ever before, ranging from retirement and student housing to data centres and self-storage.”

Romesh Navaratnarajah, Singapore Editor at PropertyGuru, wrote this story. To contact him about this or other stories email romesh@propertyguru.com.sg

Chinese buyers to solve Iskandar’s housing glut

The large number of residential properties in Iskandar Malaysia can be absorbed by the market claim Chinese developers, as they bring with them fresh demand from China’s growing middle class.

“We have one million owners in China, and it’s like a fan club. Wherever we go, there are just buyers that buy without any questions,” said Nicholas Hum, Sales and Marketing General Manager at Country Garden Holdings.

The Hong Kong-listed firm has been criticised for its enormous Forest City project, which is being built on reclaimed land close to the Tuas Second Link.

At a separate development in Danga Bay, across the sea from Singapore’s Sungei Buloh Wetland Reserve, the developer is building a condominium which it hopes will be as successful as its other housing projects in China.

In 2013, this project surprised the market when 6,000 of its 9,400 units were reserved within a month of its launch. Although some unqualified buyers were subsequently filtered out via the loan application process, the figure of 6,000 has remained due to later sales, Hum said.

This year, 200 units have so far been taken up at the project, and Country Garden is optimistic that more buyers from China will back this development.

In fact, the Chinese have become the largest buyers of this project, accounting for 35 percent of the units. The second largest group are Malaysians who have bought 30 percent of the units, followed by Singaporeans (25 percent).

In addition, some Chinese buyers have applied for the long-stay visa scheme under the Malaysia My Second Home programme, noted Hum.

“They’re trying to come here more frequently and without restrictions. So it’s not just a summer home, it’s a second option.”

Chinese buyers are also being lured by world-class learning institutions at the nearby EduCity and the prestigious British boarding school Marlborough College.

“A lot of them are concerned about their kids. They plan quite far ahead,” he explained.

Image: Artist’s impression of Forest City by Country Garden.

Farah Wahida, Editor at PropertyGuru Malaysia, wrote this story. To contact her about this or other stories email farahwahida@propertyguru.com.my

Australia Property Good investment?

Reasons to buy Property in Australia

• Low down payment of ONLY 10% now, balance on Completion (either by cash or loan application in 6 months before completion
• Stamp Duty Savings - Get a substantial savings in Stamp duty of up to 80-90% if you buy NOW (Off Plan) as compared to FULL 100% Stamp Duty payment if you buy at Completion
• Tax Benefits - There are also some noteworthy tax benefits to be aware of. There are more deductions available the newer the property is, especially when being brand-new so this maximises your tax deductions especially your Real Cap Gain Tax.
• Favorable currency exchange rate due to current weakness in Aussie Dollar (e.g. Sing Dollar vs Aussie Dollar)
• Low interest rate of 2.5% in Australia (source here)
• Future Migration to Australia - If you are contemplating migration to Australia at some future date, then acquiring property prior to our arrival is indeed beneficial. As you acquire your future residence at “today’s” price rather than the increased value when you actually relocate, but it will provide you with a strong financial platform upon your arrival to build a more secure life in your new country. It may also provide you with distinct tax planning advantages to reduce the impact of Australian taxation when you become an Australian resident.
• Very low vacancy rate (source here ) due to growing demand with Melbourne's rental demand remaining tight (source here)
• Continual population growth (current approx. 23 million) due to Australia Foreign Immigration Policy attracting  foreign migration for its local economy benefits that has help creating shortage of housing demand.
• Huttons - Sole Marketing Agent for Collins House Melbourne offer on-stop services to assist buyer in securing loan, linking up with local Estate Realtor for buyer with apartment seeking or ready to be rented out.

Why Collins House Melbourne !

1. The most coveted address in Melbourne, Australia - Collins Street - the main shopping belt and Central  Business District Area.
2. Low entry level with only 10% down payment to own a collection item, balance on completion date (Defered payment)
3. Freehold Tenure situated at Collins Street, at the heart of MelbourneFinancial CBD
4. Located in Australia's Premier Street rich in Historical Culture
5. CBD living close proximity to Little Paris of Melbourne, Universities, Burke Street Melbourne, Crown Cassino, Yara River, Southern Cross Station etc.
6. Choice of Interest only loan installment for Cashflow model
7. Massive savings of up to 80% on Stamp Duty and Tax Incentives
8. Potential Strong Returns vs Equity in 2 years 
9. Can invest and Nominate anytime with no Seller Stamp Duty ( Singapore example)
10. Invest Now and future options to live in the World Most Liveable City, Melbourne or as Education Funds for children and grandchildren

For more information visit http://overseascondo.sg/properties/collins-house/ or http://collinshouse-melb.com