The final phases of strata landed in Belgravia is finally launching in January 2021 and will be developed by Tong Eng Group in the heart of Seletar. Belgravia Ace consists of a total of 107 units with 104 Semi-Detached and 3 Terraces. It sits on a prime piece of freehold land near the mature town of Ang Mo Kio where there are plenty of amenities to cater to the residents staying around the area. Belgravia Ace Freehold Development is conveniently available utilizing public transport near to Ang Mo Kio Avenue 5.
Design with the intention of connecting individuals with its environment for clarity and tranquility – where one can establish a deeper bond between oneself and nature. At belgravia ace, different materials and nature elememts are intertwined into creating a modern oasis, serene and harmonic and tranquil spaces for the communal.
Uniqueness of Belgravia Ace
✅ Exclusive 107 Luxurious Units (104 Semi Detacted & 3 Terraces)
✅ Nestled in a Private Residential Landed Housing Enclave
✅ All Units North-South orientation with living room having estimated 4.58m ceiling height
✅ Equipped with Home Lift enabling elderly & provide effortless in moving from Basement to Roof Top
✅ Private and huge Car Porch providing easiest accessibility & convenient
✅ Facilities for All Generations. Enjoy the best of both worlds, landed living with condo facilities
✅ Well Connected to Major Expressways – CTE, TPE, SLE & upcoming North South expressway
✅ Smart Home System – Fermax smart home devices provided
So given the scarcity of freehold landed property in Singapore, how do you expect the price to be launched and compare to the nearby property? Taking into account lesser units are build within the development to meet the new housing guideline (more greenery and common areas provision), we shall expect a premium price compare to the price of nearby landed property. You can refer to the Propnex article on landed property performance and outlook HERE.
What is the likely Launch Price?
The 107 units of Belgravia Ace has a high living room ceiling height of 4.58m and around 4000 sqft size. Looking at the transacted price in recent months around Belgravia Drive area above, a price premium over Belgravia Villas and Green will result in more than $1000 psf on average during the launch.
Is Belgravia Ace a Good Buy?
So far Freehold landed property is still the class of property pursued by buyers that want a legacy for the next generation and long term capital appreciation. Knowing the land scarcity and supply of strata landed is only 725 units over last 6 years, those who wish for a simple communal living in a landed environment with shared facility and security would love Belgravia Ace.
There is an increase of land price bided over the last few years and there is increase in construction cost for development. As such the landed private property will edge higher though a bit subdue with the new cooling measure introduced in 16 Dec 2021.
Lastly the interest rate is still quite relatively low compare to many years ago so is still a great time to place your hard-earned money in safe growing asset if you have the budget. If you have a need to purchase or upgrade to a new landed property (asset progression through investment or own stay), it is a good time now to act now. With the newly cooling measure, landed property market in current situation will still rise over the short to mid term.
If you need more info of Belgravia Ace or the Layout Floor Plan and how your budget and need can fit into the purchase, do Connect with me today. I will share what are the good selected unit (orientation, size, layout and price etc) on the coming launch. Looking at the launch of limited freehold strata landed last few years, many such units are usually sold off immediately during the launch.
Due to the pandemics recently, the show room for customer preview from 8 to 20 January 2022 can only accept limited appointments a day. The targeted launch is 25 Jan 2022. Alternatively if you have any other need of landed private property in other parts of Singapore region, you can drop me your request too.