The Gazania SingHaiYi Group Bartley MRT Station
The Gazania is a new freehold development that is the former Sun Rosier condo located at How Sun Drive right next to Bartley MRT Station. The development is the former Sun Rosier freehold development that was brought over by SingHaiYi Properties and Huajiang International Corporation and represents one of the prime freehold land located right next to Bartley MRT Station in the city fringe area. The plot of land was bought over with an amount of $271m and The former Sun Rosier Condo was built in 1985 and demand for city fringe freehold condos has prompt the developers to submit a bid for the plot of land. There was a total of 4 bids for the plot of land and the bids submitted were very close indicating that the developers were upbeat in their valuation on the property market. The Gazania is the former freehold Sun Rosier condo that consist of 78 apartment units with a plot ratio of 1.4 and land size of 146,046sqft.
The Gazania Joint Venture Between SingHaiYi Group and Huajiang International
The tender bid came from SingHaiYi Properties which is a 50:50 Joint Venture between Singapore Real Estate Developer SingHaiYi Group as well as Huajiang International. Huajiang International is by Chinese tycoon Gordon Tang and his wife Serena. The Gazania Huajiang International represents one of the prized locations for a freehold condominium as freehold new launches tend to be further away from MRT Station. The Gazania condo is located just minutes walk away from Bartley MRT Station in the quiet road of How Sun Drive and represents a timely investment for SingHaiYi Group to enter the enbloc in a upbeat real estate market. The Gazania represents one of the bite size and small quantum development that attract many developers lately and the location and the freehold tenure nature for the plot of land adds more appeal for the plot of land next to Bartley MRT Station. The Gazania enbloc represents another development which the developer has bid higher than the asking price of the owners due to a real estate upmarket. SingHaiYi Properties has submitted a bid of 15% more than the asking price of the owners which consist of 78 units.
The Gazania Sun Rosier Enbloc
The Gazania has full and unique facilities, which includes a guard house, clubhouse, function room, indoor gym, tennis court, 50m swimming pool, sun deck, BBQ pits & children’s playground. The condo’s facilities provide full family entertainment needs for your family and loved ones. Indulge in a serene and tranquil lifestyle right in the heart of Bartley.
The Gazania SingHaiYi Properties and Huajiang International Corporation
The Gazania Condo by SingHaiYi Properties and Huajiang International Corporation is also strategically located with many shopping centres located around in the vicinity. For example, the popular NEX Shopping Centre, Heartland Mall as well as Poiz Centre is located near to the development. The Gazania Freehold Condo is also located near to Bidadari Park where plenty of outdoor families are available for residents to spend some quality time with their family. The enbloc was conducted by SingHaiYi Properties and Huajiang International Corporation and the main shareholder will be Chinese tycoon Gordon Tang and wife Chen Huaidan Serena. The acquisition of Sun Rosier will be funded by internal resources and bank borrowings. The enbloc for The Gazania is marketed by Huttons Asia and a total of 4 bids were received for the plot of land.
The Gazania location at 5 How Sun Drive will be accessible with the Bartley MRT Station on the Circle Line. Also, for owners who are taking buses, there are several buses available along Bartley Road, Upper Serangoon Road and Upper Paya Lebar Road. For owners who are traveling to the city, The Gazania is located right next to Central Expressway (CTE). The Gazania location is near to Paya Lebar Central such as Paya Lebar Quarter Mall.
The Gazania condominium is also near elite schools such as Maris Stella High School, St Gabriel’s Secondary School and Paya Lebar Methodist’s Girl School.
Bartley and Bidadari The Next Bishan Estate
Bidadari was named “The Next Bishan”, one of the most sought after and best residential developments in Singapore. It is to be reconstructed into a distinctive and sustainable quiet urban oasis. The potential for The Gazania SingHaiYi Group is great as it is located just minutes away from Bishan and Bidadari as well. The development is located at How Sun Drive and this section located in Serangoon and Bartley area represents many landed properties such as semi-detached and bungalow located around in the area. The Gazania How Sun Drive will have an unblock view of the landed properties as well as semi-detached in the area. The winning bid came from a 50:50 joint venture between SingHaiyi Properties which is a real estate developer SingHaiyi Group and Huajiang International. 4 Bids were received for the potential Sun Rosier Enbloc and the highest bid came from SingHaiYi Properties.
Bidadari Park with Lush Landscape near to The Gazania
To this end, National Parks will build a 10-hectare Bidadari Park, transforming it into a peaceful retreat that preserves its hilly and lush landscape and celebrates its history and heritage regardless of it being a cemetery site in the past before the demolition of the graves during the early 2000s. The Bidadari Park will be well connected by open spaces with the HDB estates and The Gazania residents will be able to enjoy the luxury of living close to these green spaces at Bartley and Bidadari. Part of the tree-lined Upper Road marked from Upper Serangoon Road to Vernon Park is being reformed into a pedestrians historic walk. It will be very pedestrian and bicycle friendly and have seamless connections between traffic junctions and attractions for residents around the Bartley area.
SingHaiYi Group Investment Properties in Residential, Retail and Commercial
This company is being led by a very competent and effective board and management team including the very esteemed businessmen Mr Neil Bush and Mr Gordon Tang who have stellar track records and exclusive experience in investments and real estate. They have developed outstanding connections in this industry that have helped them to take advantage of these investment opportunities. Their most recent investment is Gazania freehold condo which is located at the city fringe and minutes walk away from Bartley MRT Station.
Its well-executed business strategy, outlined to create stable earnings, manage sustainability and give value to stakeholders is attributed to the company’s exposure to several fragments of the real estate industry in several countries.
SingHaiyi Group Ltd is also devoted to providing transparent and timely declarations to facilitate the investment community to do reasonable assessments about its performance.
SingHaiyi Group Ltd Value for Customers and Shareholders
SingHaiyi Group Ltd has been tested and proven to be a reliable and effective player in the real estate industry in the countries of its operations. It is not only focused on its development alone but also that of its customers and the entire investment community. It also justifies its market and stability which is important for security for its customers,shareholders and investors. It should therefore be a choice of many with interest in real estate property. It will do you good.
The Gazania Location Near to Schools
One of the prized reasons why The Gazania freehold condo is a highly prized development is also because of its How Sun Dr location. The Gazania is located near to many academic institutions and schools. Living near to schools meant that less travel time is necessary and needed to drive the kids to school and to home everyday. The kids also can have a longer rest time or allowance for other activities such as enrichment classes and other tuition. Parents do not have to rush to the school to pick up the kids as well as there is shorter traveling time and more time can be spend on work. The Gazania Bartley MRT Station is located near to schools such as Maris Stella High School, Cedar Primary School, St. Gabriel’s Secondary School, St Gabriel’s Secondary School Hall, Maris Stella Primary School, Bartley Secondary, Cedar Girls’ Secondary School and Sarada Kindergarden. The Gazania is located at How Sun Drive which is a prime road as How Sun Drive connects the main road of Bartley Road to Lorong How Sun. Therefore, The Gazania is quiet and yet near to the main road and Bartley MRT Station. It is noted that owners are realizing a profit of $2.86 million to $4.77 million for the sale of their units to SingHaiYi Properties.
The Gazania Location at Bartley MRT Station on the Circle Line MRT
The Gazania Location near to Bartley MRT Station How Sun Drive meant that The Gazania SingHaiYi is located near to the residential estate along Serangoon Avenue 1 as well as the Bidadari Estate. With the transformation of the Bidadari Estate into a prime living estate with many amenities as well as the nature of Bartley MRT Station at the Circle Line located at the city fringe, traveling to other parts of Singapore at the Circle Line such as Bishan and Paya Lebar will be a breeze. There is an unlucky seller though who sold their unit which is a 2336 sqft unit and the buyer nett $4.4 million in a matter of 5 months.The Gazania Location is highly sought after by both investors and home stayers alike. The Gazania being located near to the Circle Line would also mean that other housing estates and amenities are nearby such as Paya Lebar Quarter which is located next to Paya Lebar MRT Station. The mature estate of Bishan with Bishan Junction 8 is also located right next to Bishan MRT Station. The recent government land bids has also shown that buyers are still more interested in the properties around the Hougang and Bartley area where it is just minutes away from many amenities and a short drive to Tanjong Pagar, Orchard as well as Marina Bay area.
The Gazania Located Near to Country Clubs
The Gazania Bartley MRT Station belongs to a upscale location where many affluent individuals gather together to exchange ideas and networking. Therefore, places to host these meetings become essential for owners who are looking for more contacts for their career or their business. Besides the facilities being offered at The Gazania condominium, country clubs become an essential venue for many affluent individuals to gather with the facilities offered such as gym, golf ranges and gold courses, function room, meeting places tennis courts and squash courts. Some even have arcade and bowling alleys where you can gather with your associates and business partners family for a great catch up. The Gazania Condominium is located near to Serangoon Gardens Country Club, Singapore Island Country Club, Raffles Town Club, Singapore Tennis Association, Singapore Turf Club, Association or Organization,Old Rafflesians’ Assn and Queens Golf Driving Range. Other places of interest include the commercial shops at Kensington Square as well as Serangoon Public Library.
Increase in Stamp Duty for 2nd Property Owners
With the recent increase of stamp duty for second property owners from the existing 7% to 12%, many investors will now be looking for freehold properties near to the city fringe as they do not want their property to depreciate overtime. Depreciation of properties will happen to leasehold developments as they age and their remaining tenure approaches to the zero mark. Therefore buyers are now looking for freehold developments that hold their value and appreciates in the future. The increase in the stamp duty has also created a new class of buyers who are now looking at freehold properties instead of public housing for their 1st home and The Gazania freehold development located at the city fringe presents an opportunity to own a perfect home in the Bartley area. The bankers will be also able to calculate your Total Debt to Service Ratio (TDSR) so as to know how much you can loan base on your income and expenses.
Freehold Condos better than Leasehold Developments
Freehold condos are also a better choice than leasehold ones as freehold condos lease do not expire. It is apparent that holding leasehold condos would mean that as the property age, the value of the property drops and this becomes apparent when the lease drops down to 80 years. The price drop could be significant and apparent in many condos in Singapore. The Gazania does not suffer from this problem as it is a freehold development and therefore your pricing is protected. The enbloc by SingHaiYi represents a lesser risk for developers as the plot of land is bit size and can keep the cost low for developers.
The Gazania Floor Plan and Showflat Interest Registration
The Gazania Former Sun Rosier Enbloc Floor Plan will feature many different layouts for your consideration. There will be 1 Bedroom for investors for The Gazania freehold condo who are looking to invest in a freehold development located in a city fringe location near to Bartley MRT Station. There is also a 3 Bedroom showflat to showcase the layout for family living for upgraders who are looking to stay in The Gazania Bartley due to its location near to many schools and city fringe location. The Gazania showflat will have furnishings that come with the actual unit such as the flooring, wardrobe and air-conditioners together with the kitchen cabinets. Some of the furnishings at The Gazania Showflat does not come with it and these include the wallpaper as well as furniture such as sofa, television, dining tables and coffee tables. However, white goods such as fridge and washer cum driver comes with the unit that is also featured in The Gazania Showflat. The washroom will also be fully fitted with cabinets as well as shower facilities for your consideration. There will also be bankers located at the showflat to determine how much you can loan so that you can know the finance options available to find The Gazania Purchase. Your CPF including any minimum sum restrictions as well as Ordinary Accounts that can be used for the downpayment will also be made known to you. Also, with the debt servicing ration of TDSR in place, more prudent financial calculations needs to be done. Developers have been spending on the construction of showflat to impress buyers with their showcase.
The Gazania Freehold Bartley Condo
A wonderful and unique lifestyle awaits you at The Gazania right in the heart of Bartley. The Gazania showflat will be available for viewing soon. Please kindly register your interest so that we can keep you closely posted once the showflat is available for VVIP Preview. Please see The Gazania site plan and floor plans for more information.