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Jewel @ Buangkok: The Perfect Home for Singapore Property Hunters

February 23, 2023February 23, 2023 by Roger Seah

Jewel Buang Kok Drive

If you’re looking for a condo in Singapore, Jewel Buang Kok Drive is a great option. It’s centrally located and offers plenty of amenities, making it perfect for those who want urban convenience without sacrificing comfort. Plus, the prices are very reasonable compared to other parts of the city. Keep reading to learn more about Jewel Buang Kok Drive and why it’s such a great place to live.

Details

Project Name	Jewel @ Buangkok
Project Type	Condominium
Developer	White Haven Properties Pte Ltd
Tenure	99-year Leasehold
PSF	S$ 1,534 – S$ 1,847
Completion Year	2017
# Of Floors	17
Total Units	616

Jewel @ Buangkok is a luxurious residential development located in Singapore’s bustling north-eastern district. It offers great convenience to those who work and play in the area, with easy access to amenities such as shopping malls, public transportation and top schools. Its prime location makes it an ideal choice for investors looking to reap good returns – and also explains its popularity among home buyers who are keen to make their mark here. Jewel @ Buangkok is equipped with modern facilities including a full-service clubhouse, swimming pools, BBQ pits and even its own maze garden, promising residents a lifestyle that is truly enviable.

Location

The location of Jewel @ Buangkok is one of its biggest advantages. It is conveniently situated in the north-eastern district of Singapore, making it easy for residents to access amenities such as malls, public transportation and top schools. Residents have plenty of choices when it comes to commuting around the area – with the nearby Hougang and Buangkok MRT stations providing quick connections to all parts of Singapore. Moreover, many leisure and recreational activities can be found nearby, from shopping centres and scenic nature reserves to a wide variety of food options. All these amenities create an unparalleled lifestyle experience for residents looking to make their mark in this part of Singapore.

Amenities

Jewel @ Buangkok has plenty of amenities to offer its residents. There are 7 blocks within the development, each with their own facilities such as swimming pools, gymnasiums, playgrounds and more. You’ll also find plenty of retail outlets nearby for your shopping needs.

Price & Availability

Jewel @ Buangkok is now officially launched for sale and offers an affordable price range that makes it an attractive option for property hunters in Singapore. Recent transaction prices can be found on PropertyGuru and other real estate websites so you can get a better idea of what to expect when buying a unit here.

Conclusion

If you’re looking for a new home in Singapore, Jewel @ Buangkok should definitely be on your list of potential properties to consider. With its convenient location, ample amenities and affordable price range, this 99-year leasehold condominium development is sure to meet all your needs as a property hunter in Singapore.

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Analysis of the profitability of resold units from 2007 to Q1 2020

June 10, 2020May 18, 2020 by Roger Seah

Singapore is heading into its first recession in years and property prices have fallen across the board.Many Singaporeans may have wanted to wait for prices to drop, and time the market but could this be a mistake?So is this the best time to buy a property? Or how low would the price go?This post will cover the profit analysis of the resold units from 2007 to Q1 2020 and past economic recessions to help you make a more informed decision on your investment.

The properties in Singapore are classified into 3 regions:

Core Central Region (CCR) – Areas that are usually closed to the financial district, zone around the area tend to be the most expensive.

District	Area
9	Cairnhill, Killiney, Leonie Hill, Orchard, Oxley
10	Balmoral, Bukit Timah, Grange Road, Holland, Orchard Boulevard, River Valley, Tanglin
11	Chancery, Dunearn Road, Newton
1 (considered part of The Downtown Core)	Boat Quay, Chinatown, Havelock Road, Marina Square, Raffles Place, Suntec City
2	Anson Road, Chinatown, Neil Road, Raffles Place, Shenton Way, Tanjong Pagar
6	City Hall, High Street, North Bridge Road
Part of District 4	Sentosa

(Source: Iproperty.com)

Rest of Central Region (RCR) – Areas that are somewhat close to the city fringe. Known to house mid-tier properties and hold higher value when compared to OCR.

District	Area
3	Alexandra Road, Tiong Bahru, Queenstown
4	Keppel, Mount Faber, Telok Blangah
5	Buona Vista, Dover, Pasir Panjang, West Coast
7	Beach Road, Bencoolen Road, Bugis, Rochor
8	Little India, Farrer Park, Serangoon Road
12	Balestier, Moulmein, Novena, Toa Payoh
13	Potong Pasir, Macpherson
14	Eunos, Geylang, Kembangan, Paya Lebar
15	Katong, Marine Parade, Siglap, Tanjong Rhu
20	Ang Mo Kio, Bishan, Braddell Road, Thomson

(Source: Iproperty.com)

Outside Central Region (OCR) – Located outside of the core regions with extensive transport options. Prices of homes tend to be lower than CCR and RCR.

Sub-region	District	Area
East Planning Region	16, 17, 18	Bedok, Chai Chee, Changi, Loyang, Pasir Ris, Simei, Tampines
North East Planning Region	19, 26, 27, 28	Hougang, Punggol, Sengkang, Serangoon, Ang Mo Kio, Seletar
North Planning Region	24, 25, 27	Kranji, Lim Chu Kang, Sungei Gedong, Tengah, Admiralty, Woodlands, Admiralty, Sembawang, Yishun
West Planning Region	21, 22, 23	Clementi, Upper Bukit Timah, Hume Avenue, Boon Lay, Jurong, Tuas, Bukit Batok, Choa Chu Kang, Hillview Avenue, Upper Bukit Timah

(Source: Iproperty.com)

Analysis of profitability of resale unit

Looking at the 3 charts, you’d noticed that the CCR made the highest average profit ($330,931) as compared to RCR($240,719) and OCR($192,401) respectively.

However, only 7 in 10 properties managed to make a profit in CCR, while RCR and OCR profited at an average of 8 in 10, 9 in 10 properties.

Despite the lower gross profit margin from the property sale of RCR and OCR, one must also take into consideration the capital outlay required to purchase properties of the different regions.

new condo purchased in 2008 crisis

Based on the chart above, properties bought during the 2007 to 2009 financial crisis period gave a higher average gross profit range of $200,000 – $350,000 with shorter holding time. Compared to the properties bought from other periods i.e 2013 to 2015 only made an average gross profit of $50,000.

You can also see that whenever there is an economic downturn, the sales volume would spike and peaked. In conclusion: Singapore is still one of the safest places to invest in properties because the chances of one making a loss are very low. Given the past trend, the best time to make a purchase is usually during an economic slowdown.

Opportunity in Crisis

June 10, 2020May 16, 2020 by Roger Seah

Should I buy, sell or wait in the Covid-19 pandemic crisis?

If we will to look at the previous crisis closely we may observe a phenomena that may help you to make an informed, prudent decision and not to lose a window of opportunity that is coming your way.

During the last crises:

1. Prices fell but for a short period

2. Buying opportunity was short as sales volume rebounded quickly

Those who bought during the last crisis:

1. Seem to have made higher average gross profits

2. Seem to have a lower probability of making losses

3. Need a shorter holding period to yield the same gross profits