The world’s largest shipping firm warns of ‘considerable uncertainties’ as trade tensions rise

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The world’s largest shipping firm warns of ‘considerable uncertainties’ as trade tensions rise


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Danish shipping group A.P. Moller-Maersk on Friday posted first-quarter profit close to expectations and warned that trade tensions and slowing economic growth constitute “considerable uncertainties.”
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Personal loans useful to get out of tough financial crunch

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Author: Ravi Philemon

Personal loans useful as one of the most widely chosen options, in case you are in a spot and need some urgent cash. However, personal loans are tricky and you need to know as much as possible about their basics before applying for one.

Personal loans useful but what are some common questions about them?

What is a personal loan?

Personal loan is credit that is granted to the borrower for personal use. These loans are usually unsecured (no security or collateral required/asked) and is based solely on the borrower’s integrity and ability to pay.

If personal loans useful, who is eligible for a personal loan?

The eligibility criteria and their specific details may differ from lender to lender based on their perception of the risks associated with given out personal loans. However, nearly all lenders divide the potential borrowers into three categories:

  • Salaried individuals
  • Self employed individuals
  • Self employed professionals

Other factors which are taken into consideration are, age, residence, work experience, repayment capacity, past obligations and place of work.

What kinds of interest rates are offered on personal loans?

Personal loans are offered in:

  • Fixed rate
  • Floating rate
  • Flat rate

Of the three, flat rates turn out to be the most expensive since the other two are calculated on a reducing balance basis.

What is the average interest rate for personal loans?

The interest rate for a personal loan is decided on the basis of your credit repayment capability and history. Depending on this, interest rates could be anywhere between 18% and 25%, depending on the financial institution.

What documents are required for personal loans?

Personal loans require the least number of documents, making it the fastest to be approved. Typically, financial institutions would require proof of identity, residence, income and also 3 to 6 months of your bank statements. Some banks also require guarantors and the same set of their documents.

How is a personal loan repaid? Is prepayment of a personal loans useful or possible?

Normally, personal loans are offered between 3 to 5 years. The loan is repaid with Equal Monthly Installments. Prepayment is possible but will generally carry a significant prepayment charge.

When getting a personal loan it is important to ask yourself ‘Will I be able to pay it off?’ Some things which can help you pay back your personal loans are:

  • Pay off your credit cards: Try to pay off your credit cards as soon as possible, since credit card debts inadvertently hamper loan payments.
  • Budget your spending: Once you have taken a loan, ensure that you budget your spending, so that if in any unforeseen circumstance you cannot make a monthly payment, your savings will help you out.
  • Personal loans if not utilized and repaid properly, can become a curse in disguise. Make your decisions prudently to ensure a safe financial future.

Most personal loans are granted as unsecured loans. Borrowers don’t necessarily need to have the best credit or even any type of collateral as that is not the primary concern for the providers of these types of loans. Unsecured loans are provided more on good faith and what lenders need to provide are their name, social security and income verification.

If you are in a bit of a pinch and all the doors appear to have closed, you can also consider licensed moneylenders for personal loans. Moneylenders in Singapore have to be registered and licensed with the Registry of Moneylenders. Most moneylenders operate with the goal of offering instant cash loans to Singaporeans, Permanent Residents and foreigners in Singapore. Moneylenders offer fast, hassle-free and efficient services to their clients.

Licensed moneylenders are useful to people who may find it highly challenging to procure a significant amount of money in a short span of time. Licensed moneylenders being providers of non conventional personal loans will simplify your application process thereby making the cash loan more readily available.

personal loans useful

Image credit: Alpha Stock Images

But before you approach a licensed money lender, consider other alternatives, such as the various financial assistance schemes offered by various Government agencies. As you are legally obliged to fulfill any loan contract you enter into with a licensed moneylender, consider whether you are able to abide by the contractual terms, bearing in mind your income and financial obligations.

Borrow only what you need and are able to repay. Be mindful that if you are unable to meet the contractual terms, the late payment fees and interest payment will be a financial strain not just on yourself but also on your family. The law requires moneylenders to explain the terms of a loan to you in a language you understand and to provide you with a copy of the loan contract. Make sure you fully understand the terms of the contract, in particular, the repayment schedule, the interest rate charged and the fees applicable.

Regardless of how much of a financial crunch you are in, you should always shop around different moneylenders for the most favourable terms. You should not rush into and commit yourself to a loan until you are satisfied with the terms and conditions.

But whatever your financial difficulty may be, never, ever borrow from unlicensed money lenders. The loans they offer are predatory in nature, with much higher interest rates, and will entrap you.

How to Secure Personal Loans Quickly

If you are in a financial crunch and are searching if personal loans useful to expand your business, the loan consultants at iCompareLoan can set you up on a path that can get you a it in a quick and seamless manner. Our loan consultants have close links with the best lenders in town and can help you compare various loans and settle for a package that best suits your needs. Find out money saving tips here.

Our Affordability Tools help you make better property buying decisions. iCompareLoan Calculators help you ascertain the fair value of a property and find properties below market value in Singapore.

If you are looking for a new home loan or to refinance, our Mortgage brokers can help you get everything right from calculating mortgage repayment, comparing interest rates all through to securing the best home loans in Singapore. And the good thing is that all our services are free of charge. So it’s all worth it to secure a loan through us for your business expansion needs.

Contact us for advice on a new home loan.

Contact us for home loan or refinancing advice.

The post Personal loans useful to get out of tough financial crunch appeared first on iCompareLoan Resources.

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Prime office rents in Singapore recorded the highest increase

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Author: Ravi Philemon

Prime office rents in Singapore recorded the highest year-on-year increase says a recent report by an independent global property consultancy, Knight Frank.

prime office rentsKnight Frank in launching its Asia-Pacific Prime Office Rental Index for Q1 2019, said the index fell 0.4% quarter-on-quarter in Q1 2019 to a reading of 142.6, though it remains up 6.2% year-on-year.

Results for Q1 2019

  • Of the 20 cities tracked by the index, 15 recorded either stable or increased in prime office rents; two less than the 17 reported in the previous quarter.
  • Singapore recorded the highest year-on-year increase in prime office rents at 23.7% in the last quarter, driven in part by limited supply for mid-sized units.
  • Jakarta saw the biggest drop in prime office rents at -16% in the 12 months from Q1 2018 to Q1 2019, continuing its downward trend since Q4 2014.

Nicholas Holt, Head of Research for Asia-Pacific, said, “Prime office markets in Asia-Pacific saw a soft start to 2019, as sentiment continues to be dampened by uncertainties following major elections across the region, an unresolved Brexit and the re-escalation of trade tensions between the US and China. The muted start is likely to carry through the year, with moderate increases in rents compared to 2018.”

Asia-Pacific Prime Office Rents

City Submarket(s) 3-month % change (Q4 2018 – Q1 2019) Forecast next 12 months
Brisbane CBD 0.3% Increase
Melbourne CBD 2.8% Increase
Perth CBD 0.0% Increase
Sydney CBD 1.1% Increase
Tokyo* Central 5 Wards -1.9% Same
Beijing Various -1.4% Decrease
Guangzhou CBD 0.0% Same
Shanghai Puxi, Pudong -2.1% Decrease
Hong Kong Central -1.6% Decrease
Taipei Downtown 1.0% Increase
Seoul CBD, GBD, YBD 0.2% Same
Bengaluru CBD 0.0% Increase
Mumbai BKC 0.1% Increase
NCR Connaught Place 1.4% Same
Phnom Penh City Centre 0.5% Same
Jakarta CBD 0.0% Same
Kuala Lumpur City Centre -0.3% Decrease
Singapore Raffles Place, Marina Bay 1.5% Increase
Bangkok CBD 6.1% Increase
Manila Various 3.5% Decrease

Source: Knight Frank Research / *Sanko Estate

Singapore is a cost-effective premium office location for regional head quarters

The Knight Frank report mirrors another report which said that Singapore prime office rents should continue to outperform the rest of the region in 2019 as a limited supply pipeline and healthy demand raises landlords’ expectations.

M&G Real Estate which released this finding in February this year in its Asia Real Estate Market Outlook report said demand for Singapore prime office is likely to remain positive as the city continues to position itself as a business hub for foreign corporates seeking to establish an APAC or South-East Asian head office.

The M&G Real Estate report said that healthy occupier markets and stable domestic macro fundamentals should continue to attract real estate investment in the region in 2019 despite cyclical, geopolitical and structural challenges.

“Furthermore, most market sector yields are still around 200 basis points above local 10-year government bond yields, providing a sufficient buffer to absorb a rise in interest rates and borrowing costs. Investment momentum is likely to be slower than the previous year, however, as diminishing returns may lengthen the search for investable assets and the underwriting process.”

Pricing for real estate assets may have reached its peak as yield compression across most market sectors plateaus, the report added. It suggested that investors should increasingly focus on income returns and profile in their investment decisions; assets with secure and stable income streams could prove to be more defensive against upcoming macro headwinds.

M&G Real Estate noted that the services sector has seen growth across the five developed APAC economies over the last two years, with the rise of financial and business services, as well as info-communications, media and technology industries.

Coworking has made a lasting impact in real estate industry

Competition for talent in APAC economies has ensured that prime office rents continue to grow in Singapore.

“This has driven demand for office space in the region, particularly prime buildings in the CBD due to competition for talent, as per Australia’s key cities as well as in Singapore. With the services sector expected to continue supporting growth of developed APAC economies, and potentially contributing more towards overall GDP in the medium term, demand for office space is expected to remain healthy overall.”

The report added that demand and supply fundamentals across most office markets in the five developed APAC economies should remain positive in 2019 with vacancy rates below long term averages and future supply relatively moderate. But regional Japanese cities, such as Osaka and Nagoya, are expected to show relatively strong office rental growth in the next 12 months as supply has been slow to respond to growing take-up.

Rising rents in the CBD, coupled with low vacancy, are likely to encourage more occupiers to consider taking up space in fringe sub-markets where costs are lower. But external headwinds remain the key threat to the five developed APAC economies, said the report.

How to Secure a Commercial Loan Quickly

Are you planning to capitalise on the uptrend of the Singapore prime office market but unsure of funding for investment? Don’t worry because iCompareLoan mortgage brokers can set you up on a path that can get you a commercial loan in a quick and seamless manner.

Alternatively you can read more about the Best Commercial Loans in Singapore before deciding on your purchase.  Our brokers have close links with the best lenders in town and can help you compare Singapore commercial loans and settle for a package that best suits your commercial purchase needs.

Whether you are looking for a new commercial loan or refinancing for your commercial properties, our brokers can help you get everything right from calculating mortgage repayment, comparing interest rates, all through to securing the best commercial loans which fits your profile. And the good thing is that all our services are free of charge. So it is all worth it to secure the best commercial loans through us.

For advice on a new commercial loan  or Personal Finance advice.

To speak to our Panel of Property agents.

For refinancing advice.

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Funan’s Tree of Life envisions retail woven into its architecture

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Author: Ravi Philemon

Behind Funan’s copper-brass coloured façade along North Bridge Road, a giant “tree” has taken root in the centre of the mall – christened Funan’s Tree of Life, it is ready to support retailers in their storytelling and shelter shoppers taking a break from their exploration. Extending from Basement 2 to Level 4, the 25-metre tall majestic Tree of Life is the design centrepiece of Funan.

Predominantly made of steel, the 25-metre-tall Tree of Life offers spaces for brands to showcase their products and crafts, and for entrepreneurs and design ateliers to conduct classes and workshops.

Visually, Funan’s Tree of Life is the first thing that visitors see when they step into the mall; symbolically, it functions as the source of life to enliven Funan through fostering creativity and curiosity.

Predominantly made of steel, Funan’s Tree of Life houses 20 retail pods for brands to showcase their products and crafts, and for entrepreneurs and design ateliers to conduct classes and workshops. Representing Funan’s commitment to offer differentiated experiences for shoppers, it supports coretailing by providing a platform for brands – both emerging and established – to stage their brand moments with limited period pop-up concepts.

Funan’s Tree of Life is complemented by a variety of creative retailing formats and experiential offerings to keep consumers engaged throughout the day, every day.

Queensway Shopping Centre getting geared-up for en bloc sale

These include W!ld Rice theatre, Golden Village cineplex, TFX fitness centre, Climb Central indoor rock climbing, The Ark futsal facility, ABC Cooking Studio and farm-to-table dining at Japanese restaurant Noka in collaboration with Edible Garden City.

Funan's Tree of Life

Funan’s Tree of Life – The skylight above mimics the growth conditions of a tree in Mother Nature. In a way, the display symbolises the growth and flourishing of retail talents from the creative centre of Funan towards the rest of the city.

Mr Chris Chong, Managing Director, Retail, CapitaLand Singapore, said: “As the retail landscape undergoes disruptions, the formula for a successful mall has to evolve as well. While a decade ago a mall can succeed largely on the merit of its tenant brands, today it must be able to anchor its own community of supporters and followers.

“Consumers of today don’t just buy products or services, they invest their time and effort in understanding brands and supporting relevant causes. Against this backdrop, Funan is CapitaLand’s interpretation of the mall as a platform for meaningful and enriching exchanges beyond the transactional. Its passion-led retail model, as embodied in the Tree of Life, aims to build interactive communities clustered around passion themes covering Chic, Craft, Fit, Play, Taste and Tech.

“Funan’s vision for retail reimagined is woven into its architecture. Designed as an open and inviting space, Funan welcomes consumers from all walks of life looking to expand their perspectives and engage in new activities. It brings together a wide range of passion-led experiences at a scale not seen before in Singapore’s Civic District.

“By incorporating spaces for performance, connection, collaboration and experimentation, Funan creates an exciting environment for shoppers to explore and provides retailers with a dynamic environment to innovate within. Funan also features plenty of green spaces, rest areas and interactive corners to encourage visitors to discover and experience.”

Funan’s Level 7 is home to a 18,000 sq ft Food Garden, where shoppers can experience a variety of edible plants through smell, touch and sight. The heart of the Food Garden is the 5,000 sq ft Urban Farm operated by Edible Garden City. One of the few urban farms in Singapore open to the public, it is designed as a production and functional space where visitors can learn how vegetables are produced and harvested.

A total of 250 tonnes of composite steel – equivalent to the weight of three massive mature rain trees – were used in the construction of Funan’s Tree of Life. The structure deploys long cantilevers, which provide a clear space underneath the beam without any supporting columns or bracing.

Funan obtains Temporary Occupation Permit as it gears up for opening in 2Q 2019

This allows visitors to see through the structure, thereby creating a sense of spaciousness. The Tree of Life is supported by three main columns, from which some intermediate supports branched out. As the floor plan differs at every level, the structure needs to be adjusted and catered to connect with every floor. This makes the planning and construction of the Tree of Life especially challenging.

How to Secure a Commercial Loan Quickly

Are you planning to purchase a prime commercial redevelopment site but unsure of funding? Don’t worry because iCompareLoan mortgage brokers can set you up on a path that can get you a commercial loan in a quick and seamless manner.

Alternatively you can read more about the Best Commercial Loans in Singapore before deciding on your purchase.  Our brokers have close links with the best lenders in town and can help you compare Singapore commercial loans and settle for a package that best suits your commercial purchase needs. Our services are also very personalised and tailored to the unique needs of the buyers.

Whether you are looking for a new commercial loan or to refinance and existing one, our brokers can help you get everything right from calculating mortgage repayments, comparing interest rates, all through to securing the final loan. And the good thing is that all our services are free of charge. So it’s all worth it to secure a loan through us for your next purchase.

If you need advice on a new commercial loan  or Personal Finance advice.

If you want to speak to our trusted Panel of Property agents.

If you need refinancing advice.

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Loan consultant could be your best friend when you need that extra money in tough times

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Author: Ravi Philemon

Met with your loan consultant lately? Now would be a good time, whether your company is in the market for a business loan or not.

By: Hitesh Khan/

loan consultantYour loan consultant can be your best friend when economic times are tough. But, as in any relationship, credibility and trust are key. And that requires mutual respect, honesty and staying in touch.

Contact your loan consultant often and keep them posted on what’s happening with your business, even if you’re not looking for money. Bring them into your inner circle and have them visit your operations at least once a year. Ideally, develop that relationship during good times so that you can count on them when times get tough.

Loan consultants are much more receptive to loan requests from businesses they have established relationships with. But expect more stringent due diligence and more questions from lenders when the economy isn’t doing well.

Your business loan to-do-list

Borrowing money can make good business sense for well-managed businesses that plan ahead. Here are a few things to consider in preparing for that critical meeting with your loan consultant:

1. Decide what type of money you need

Is it equity, working capital or long-term money for fixed assets? Knowing what type of money you need will determine whether you approach a bank, credit union, equity investor or other financier.

2. Two or more lenders are better than one

Part of your planning for the worst should be to shop around and establish additional sources of credit. If you are large enough, divide your financing between different institutions. If you are smaller, split your financing needs into shorter – and longer-term.

This is where an independent loan consultant will be most useful.

Loan consultants who have a strong working relationship with several strong lenders, will be your best bet in comparing loans and in getting one which best meets your requirement.

3. Satisfy the five “Cs” of lending

Entrepreneurs should understand what criteria a lender will be applying in its assessment. These can be referred to as the “five Cs of credit.”

  • Character: Does your management have the skills, experience and track record to deliver?
  • Capacity: Do you have the ability to repay the loan? Banks will be looking at both your track record and your anticipated cash flow.
  • Capital: Is your equity base strong?
  • Conditions: How are local and even international events affecting your business?
  • Collateral: Often mistaken as the most important thing a lender wants, collateral is actually lower on a banker’s priority list, compared to the other “Cs.”

4. Talk to your lender

Don’t be a stranger: keep the lines of communication open. This includes meeting all of your company’s reporting requirements on a timely basis. Sending your financial statements and other reports late to your lender leaves a very bad impression.

Likewise, do not exceed your approved credit limit. If your company is going to need additional money, talk to your lender in advance to inquire about getting a temporary extension. And lastly, be realistic about your short – and long-term cash flow projections and share this information with your lender. This can be used as the basis for your line of credit once it’s required.

5. Do your homework

When a lender asks for more data and more paperwork, don’t put up a fuss. Lenders are in the business of lending money, but their head offices do more thorough due diligence in tough times to ensure the money they loan is for sound business ventures.

It can also be important to firm up your business plan. Bankers often have to improve clients’ business cases and plans before they can lend them money. Entrepreneurs who do their homework and produce a solid business plan are more likely to get funding.

6. Run a tight ship

This is back to basics stuff that not all companies stay on top of: Focusing on activities like collecting accounts receivables promptly, paying bills and tracking inventory. Banks will want assurances that you are taking care of such business fundamentals.

In a nutshell:

  • Prepare well and in advance.
  • Diversify your risk.
  • Ensure you understand what criteria will be used to assess your business.
  • Be forthcoming—answer a banker’s questions 10 times if need be and disclose problems early.
  • Master your business plan.
  • And maintain a good handle on your basic finances.

How to Secure a Business Expansion Loan Quickly

If you are searching for a business expansion loan, the loan consultants at iCompareLoan can set you up on a path that can get you a it in a quick and seamless manner. Our loan consultants have close links with the best lenders in town and can help you compare various loans and settle for a package that best suits your needs. Find out money saving tips here.

Our Affordability Tools help you make better property buying decisions. iCompareLoan Calculators help you ascertain the fair value of a property and find properties below market value in Singapore.

If you are looking for a new home loan or to refinance, our Mortgage brokers can help you get everything right from calculating mortgage repayment, comparing interest rates all through to securing the best home loans in Singapore.

And the good thing – whether it is business expansion loans or mortgage loans – is that all our services are free of charge. So it’s all worth it to secure a loan through us for your business expansion needs.

Contact us for advice on a new home loan.

Contact us for home loan or refinancing advice.

The post Loan consultant could be your best friend when you need that extra money in tough times appeared first on iCompareLoan Resources.

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HDB launches 6,753 flats in May 2019 BTO and SBF exercise

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Author: Ravi Philemon

HDB launches 6,753 flats for sale today under the May 2019 Build-To-Order (BTO) and Sale of Balance Flats (SBF) exercise. This includes 3,485 BTO units and 3,268 SBF units across various towns/estates.

HDB Launches Wide Range of Flats for Different Budgets and Needs

May 2019 BTO Exercise

The 3,485 BTO flats on offer are spread across four projects. Three projects are in the non-mature towns of Tengah and Woodlands, while another project is in the mature town of Kallang Whampoa.

A wide selection of flats, ranging from 2-room Flexi to 5-room flats, is offered to meet the diverse housing needs of first-timer and second-timer families, elderly and singles. In view of the eldercare services and facilities in its vicinity, the 2-room Flexi flats at Kempas Residences are offered only to seniors (aged 55 and above) on short leases of between 15 and 45 years (in 5-year increments).

HDB Launches Priced with Generous Subsidy

New HDB flats are priced with a generous subsidy, taking into account factors such as location, flat attributes and prevailing market conditions. HDB’s prices are considerably lower than transacted prices of comparable resale flats in the vicinity. In addition, 2-room Flexi flats are priced taking into account the lease chosen.

HDB said that eligible first-timer families can enjoy up to $80,000 of housing grants, comprising the Additional CPF Housing Grant (AHG) (up to $40,000) and the Special CPF Housing Grant (SHG) (up to $40,000). With these grants, flat buyers could pay as little as $6,000 for a 2-room Flexi flat, $90,000 for a 3-room flat, $184,000 for a 4-room flat, and $331,000 for a 5-room flat.

BTO Prices for May 2019 HDB Launches

 

Town Contract Flat
Type
Transacted Prices
of Resale Flats
in the Vicinity #
Selling Price
(Excluding
Grants **)
Selling Price
(Including
Grants ^)
Non-Mature Towns
Woodlands Champions Green 2-room
Flexi*
From  $86,000 From  $6,000
3-room $280,000  –  $318,000 From  $165,000 From  $90,000
4-room $360,000  –  $400,888 From  $244,000 From  $184,000
5-room $470,000  –  $495,000 From  $336,000 From  $331,000
Tengah Plantation Acres ~ 2-room
Flexi*
From  $106,000 From  $26,000
3-room From  $192,000 From  $117,000
Garden Vale  @ Tengah ~ 4-room $340,000  –  $448,000 From  $309,000 From  $249,000
5-room $455,000  –  $570,000 From  $415,000 From  $410,000
Mature Town
Kallang / Whampoa Kempas Residences 2-room
Flexi*^^
(40-year Lease)
From  $117,000 From  $95,000
3-room From  $387,000 From  $367,000
4-room $680,000  –  $717,500 From  $562,000 From  $557,000

INFORMATION ON BTO FLATS IN MAY 2019 HDB LAUNCHES

CHAMPIONS GREEN
Champions Green is bounded by Champions Way and Woodlands Drive 17. Within Champions Green, the publicly accessible roof garden and sky terrace provide opportunities for residents to gather, interact and bond.

A wide range of facilities and amenities is available in the town, such as the HDB Neighbourhood Centre (NC) at Vista Point, as well as Causeway Point and Woodlands Civic Centre. For leisure, residents can participate in the activities organised by ACE The Place Community Club. Schools in the town include Innova Primary School,
Woodgrove Secondary School and Singapore Sports School.

To support an eco-friendly lifestyle, the development is designed with several eco-friendly features such as regenerative lifts to reduce energy consumption, use of sustainable and recycled products in the development, ABC Waters design features to clean rainwater and beautify the landscapes, etc. It will also have Smart Lighting in
common areas to reduce energy usage.

HDB launches

HDB launches 2 BTO projects in Tengah town

GARDEN VALE @ TENGAH and PLANTATION ACRES

Two BTO projects are offered for sale in Tengah town. Garden Vale @ Tengah is bounded by Tengah Drive, Tengah Boulevard and Plantation Crescent. The other project, Plantation Acres is sited along Plantation Crescent. Within the developments, there are publicly accessible roof gardens and landscaped areas that provide space for community gatherings and bonding.

Both developments are located near upcoming amenities such as a NC, a community club and Jurong Region Line MRT stations. The developments will be served by bus services leading to the city and nearby towns. Residents will also be able to walk and cycle everywhere in Tengah, with an extensive network of walking and cycling paths. Autonomous vehicles will be piloted in Tengah town to provide convenient first-mile-lastmile connection to key transport nodes and amenities.

Garden Vale @ Tengah is located within Garden District that is framed by Tengah Pond and Central Park. This picturesque setting will be complemented by the gardenthemed farmway, which encourages healthy and active living.

Within Plantation District where Plantation Acres is located, key amenities such as a community club, NC, and a shopping street will line the Plantation Farmway, making it a vibrant place for residents. There will be opportunities for facilities such as organic markets and farm-to-table dining.

Both developments are designed with several eco-friendly features such as regenerative lifts to reduce energy consumption and ABC Waters design features to clean rainwater and beautify the landscape. The development also has smart technologies that bring about a more liveable, efficient, sustainable and safe living environment, including a Pneumatic Waste Conveyance System which optimises the deployment of resources for cleaner and fuss-free waste disposal as well as smart lighting in common areas to reduce energy usage.

KEMPAS RESIDENCES

Kempas Residences is bounded by Serangoon Road, Lavender Street, Boon Keng Road and Kempas Road. Within the development, there are publicly accessible roof garden and sky gardens providing visual relief as well as serve as alternative outdoor spaces for community gathering and bonding.

Residents of Kempas Residences will be served by the Boon Keng MRT station. For their shopping needs, they can patronise the Bendemeer Shopping Mall (an HDB NC), providing a wide range of goods and services. The Market and Food Centre in this NC offers a wide range of specialty food and fresh produce to cater to the residents’ needs. Other communal facilities include the Kallang Community Club, Whampoa Park Connector, Jalan Besar Stadium and Swimming Complex, etc, where residents can participate in the activities for leisure and recreation.

The development is designed with several eco-friendly features such as regenerative lifts to reduce energy consumption, use of sustainable and recycled products in the development, ABC Waters design features to clean rainwater and beautify the landscapes, etc. Furthermore, the developments will have Smart Lighting in common areas to reduce energy usage.

How to Secure a Home Loan Quickly

Are you planning to invest in properties in Australia but ensure of funds availability for purchase? Don’t worry because iCompareLoan mortgage broker can set you up on a path that can get you a home loan in a quick and seamless manner. We are the experts who do the work for you for free, while you lean back, rest and rely on our professionalism at absolutely no cost to you.

Our brokers have close links with the best lenders in town and can help you compare Singapore home loans and settle for a package that best suits your home purchase needs. Find out money saving tips here.

Whether you are looking for a new home loan or to refinance, the Mortgage broker can help you get everything right from calculating mortgage repayment, comparing interest rates all through to securing the best home loans in Singapore. And the good thing is that all our services are free of charge. So it’s all worth it to secure a loan through us.

For advice on a new home loan.

For refinancing advice.

The post HDB launches 6,753 flats in May 2019 BTO and SBF exercise appeared first on iCompareLoan Resources.