Category

Real Estate Market

Category

Leedon Green is another project that is about the launch in Singapore. It is a brand new project based on residential development in a very prosperous vicinity of prime 9th district in the river valley area. The condo is at a quite reasonable distance from Orchard Road.

Roxy-Pacific Holdings is the one who has launched this fantastic building. IF you don’t know then let me tell you that Roxy-Pacific Holdings is one of the recognized firms in Singapore. The company is renowned for acquiring freehold lands and for building small and affordable buildings in the most affordable prices. The Project is declared to be completed by 2023, but the condo was opened for sale in 2018 in October.

 

Amenities

Mainly the Leedon Green Condo is in the spot of River valley as mentioned above. Here the best thing is that it is a minor distance to Orchard Road. And not only this will you find out huge shopping malls around at the walking distance of about 9-10 minutes. All in all, we can say that you are going to get each amenity that is necessary near the green condo such as fast food joints, restaurants, food courts, supermarkets, schools, bank and much more.

Not only this but let me tell you that Robertson Quay is also at a little distance from the Leedon Green Singapore, where you can enjoy the mix of wines at bars, bistros, pubs, alfresco dining and much more.

Shopping and groceries stores near Leedon green

Other accessible things are the shopping malls and grocery centers; then there are many centers near the green condo. Some of them are cold storage The Star Vista, Holland village, Cluny court, Sheng Siong Hypermarket and NTUC FAIRPRICE.

 

Other recreational places that you can enjoy

If you love sports, then there are some places near Leedon green that you can explore, such as Archery Club, Tanglin Golf Course, and Queenstown Stadium, etc.

 

Luxurious lifestyle facilities

One of the most luxurious lifestyle parts that I found here is the night time vicinity of the River Charm that is a perfect mixture of an old and new tradition. So, you will have a great time spending time having its view.

Features

The condo flats are all about the features they provide to the residentials. So, let’s have a look at some of the features of the Leedon green condo so that you can have a better idea of what are the best and unique things about the apartment.

  • The apartments are luxurious and are exquisitely designed to provide a high comfort level to the residential.
  • It is located in the prime district of Singapore making it enticing and even more appealing
  • MRT stations are at a very less distance to the condo
  • Last but not the last is that it has a progressive payment scheme

These are the highlighted features of the Leedon green condo Singapore, which makes the people compelled to have their own flat and why shouldn’t it be like that when the condo building location is quite fundamental.

What is property banking and how does the work of property banking work?

Land banking is the practice of aggregating parcels or blocks of property for development or future sale, at lower or market prices. A property aggregator aggregates land by tracking the topological and geographic locations, which are primed for investment, according to social infrastructure and demographic elements. Generally, the land originates to the aggregator within an unprepared format, wherein, he prepares the title reports, property border, zone regulations, conversions, registrations, approvals and sanctions for the property, and, the property is primed for sale or development. Land aggregators then, wait to value buy land, sell the exact same for a profit to investors, developers and other interested parties.

Organisations that participate in property banking

1. Federal, state and local governments: Government agencies use land banking to encourage long-term civic preparation or to support future economic development. Municipalities gain and maintain ownership of land to be utilized for new streets hospitals, schools or even for improvement efforts.

2. Firms: A town’s master plan, which summarizes the infrastructure that’s planned for a place, can function as a guide to plan the procurement of property. The aggregators maintain and can purchase pre-developed or undeveloped land parcels, which anticipated to rise in market value.

3. Universities and non-profit entities: Faculties and non-profit entities buy land for future growth and/or expansion in public interest.

4. People: Owning properties, such as property, provides a sense of security. Folks can use land as wealth production vehicles, either because of their retirement programs, to create a family legacy, or to pay for their kids’ education.

The benefits of property banking, for sellers and buyers

Benefits for buyers

Appreciation of this property’s worth: Property is one of the few assets that appreciate over time. Buying land, with high growth potential, at or near guarantees value deliverance. If the land is secured at a time when demand is reduced, which also means a lower acquisition cost, a substantial gain can be made in the future, once the requirement is high.
Worth addition: Value addition to the website is possible, by acquiring property development approvals and then, over time, proceeding with land development. Value addition makes the land more attractive for developers, who might be ready to pay a premium to get it. Alternately, the property banker may elect for financing and continue with land development.
Gains for sellers
Above-market rates for the land: Land bankers generally purchase lands at rates above market value and extend no substantial return on investment at the present time of purchase. Hence, the seller receives an above-market rate on his or her territory.
Elimination of risk: The vendor can get rid of the element of danger attached to his property, in the event that it features no significant return on investment, because of its unsuitability for agricultural or commercial functions.

Pin It