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Belgravia Ace - Freehold Strata Landed Homes In An Mo Kio





This is a evaluation of Belgravia Ace in District 28, a freehold strata landed housing development situated at the idyllic personal residential enclave of Seletar Hills Estate. Including 107 systems (104 semi-detached and 3 balcony houses), it will be established by Fairview Developments, a completely owned system of the Tong Eng Group. Belgravia Ace will be the third phase of its Belgravia Collection. The first was Belgravia Villas followed by Belgravia Green, introduced in 2013 and 2018 respectively. belgravia ace price will include 5 bedrooms, a basement, sky garden and personal lift.





Table of Contents

1. Belgravia Ace Review - Rare Freehold Strata Landed Homes In An Mo Kio
1.1. Special Features
1.2. Location Map
1.3. Floor Plan Design Features
1.4. Freehold Landed House
1.5. Facilities & Site Plan .
1.6. Recreation Near Belgravia Ace
1.7. Developer of Belgravia Ace
1.8. Conclusion: Is Belgravia Ace’s Good Investment?
1.9. Tong Eng Group|Tong Eng Developer





Special Features
A gated house with 24-hour security and shared centers

A rare freehold strata housing development on such big plot of land - scarcity to assist underpin residential or commercial property worths

Freehold status negates concerns over lease decay, providing opportunities for future cumulative and tradition preparation

More open spaces and facilites under revised URA standards provide a higher quality of living

Extraordinary design functions and modern-day faclities

Arrangement of premium fittings and home appliances

Distance to significant employment hubs supplies potential catchment of tenants

Credible designer with a long history of property advancement since the 1960s.

Hassle-free access to the Central Expressway (CTE) less than 1 km away

Within 2 km of Rosyth Primary School and Lycee Francais De Singapour, a French international school





Area Map

Belgravia Ace is a freehold strata landed advancement in the Seletar Hills Estate in the northeastern residential area of Singapore.

The Seletar Hills Estate is a much popular place to own a home. As a private landed residential enclave with a peaceful ambience situated between Ang Mo Kio Avenue 5 and Yio Chu Kang Road, its exclusivity is much prized.

Access to Belgravia Ace is via Belgravia Drive, a new roadway just off Ang Mo Kio Avenue 5. Belgravia Ace lies at the innermost of the 3 Belgravia Phases - the other two being Belgravia Villas and Belgravia Green. They push either side of the road and towards the north of Belgravia Ace are the landed real estate along Stratton Drive.

Surrounding the Seletar Hills area are several big public housing estates such Ang Mo Kio, Yio Chu Kang, Serangoon North, Hougang and Sengkang which will offer a large range of facilities.





Floor Plan Design Features
All systems will come with substantial and functional designs, with the double-volume ceiling at the dining area contributing to the advancement's glamorous feel.


They will likewise have personal lifts, which help with practical access to five levels of living areas. This is an essential function for households senior folks or those with movement concerns.


There will be adequate parking area and each house will have at least enough area for two automobile lots at the basement. This will help to remove any parking issues with neighbours or visitors, which are quite common in traditional landed real estate estates.



Below is a summary of Belgravia Ace's special and extraordinary design features:



5-levels from basement to roof (with family room for some) and a built-in location from 4,000 sqft

5-bedrooms with 4.5 m high ceiling and loft location for study

36 units of back-to-back semi-detached home (from roughly 4,000 sqft up).

18 systems with basement on ground level, looking like a traditional landed home.

Terrace units approximately 3,600 sqft.

Family room at roof for some systems (no bedroom).

6m width in between external and border wall.

1 Electrical Vehicle (EV) charger.

2 swimming pools.





Freehold Landed Property
In land scarce Singapore, as the government will no longer offer freehold land for sale, the majority of will only come from en bloc sales or existing land bank privately held by home developers.


Offered the scarcity of freehold land, this will underpin the worth of properties like Belgravia Ace in the long-term. Also, without any lease decay issues, they will enable families to bestow their homes to the next generation.


Besides tradition preparation, Belgravia Ace is created for multi-generational and young households who are searching for a significant landed home with a excellent range of facilities that will cater to the requirements of all ages. Not unlike condiminiums, the gated development with 24-hour security services and dedicated pick-up/drop-off point will boost the security of all locals. This is particularly so for school-going children awaiting their school buses.






Facilities & Site Plan .
" Due to its large land size, Belgravia Ace will delight in a series of centers such as 2 pool, kids's play area, BBQ pavilion, clubhouse and gym, all attentively incorporated with gorgeous landscaping and water features.


This will provide citizens a retreat from the stress of modern-day living while allowing them to recharge their mind, body and soul. For families with young children, the myriad of centers will supply them with quality bonding time at their doorsteps.


Moroever, with only 107 units, they will get to delight in a high level of exclusivity and quality time by themselves or with friends and family.





Recreation Near Belgravia Ace
There are numerous nature parks a short 10-13 minutes' drive from Belgravia Ace. The distance of these nature parks supplies a fascinating experience for locals living around the location. Aside from the Hampstead Wetlands Park mentioned above, the others are.


Lower Seletar Reservoir Park-- A short 10 minutes' drive from Belgravia Ace, its calm waters, balmy breezes and peaceful surrounding provides a enjoyable place for pastime, both on land and in water. Featuring a Family Bay with a new performance phase, a water play area, a bioswale rain garden, along with a Heritage Bridge, there's always something for everybody to delight in.


Fitness lovers can also take long, leisurely walks or jogs, while a fishing jetty that extends from the park into the tank enables passionate anglers the opportunity to draw in their next huge catch.


The Rower's Bay Park-- It is located even more north of Lower Seletar Reservoir near Yishun Dam. Besides being a popular location for kayaking and dragon-boating, which is managed by PA Water-Venture, it is one of the very best areas to capture the daybreak or sunset in Singapore.


There is a boardwalk to check out the wetlands, which are filled with plant types that will attract and provide a environment for native wildlife in the location such as the grey heron and copper-cheeked frog.


Sengkang Riverside Park-- It is house to the distinct Sengkang Floating Wetland that was constructed to gather and filter rainwater naturally through its marine plants. The park is built and maintained by PUB. When embarking on the park's numerous tracks through the marshland and wildlife environment, the sight of mangrove birds and damselflies supplies an intriguing day out for the whole family.


Running along the perimeter of the wetland is a Fruit Tree Trail that includes 16 types of fruit trees. These include mangosteen, pomelo, mango, lime and starfruit, to the more unique Pond Apple, Island Lychee, Sweetsop, Java Olive and Custard Apple.


Thomson Nature Park-- It is located to the east of the Central Catchment Nature Reserve between Old Upper Thomson Road and Upper Thomson Road. The 50-hectare Thomson Nature Park is rich in biodiversity and is home to rare animals such as the Sunda Pangolin, Malayan Porcupine, and the critically threatened Raffles' Banded Langur.


Apart from its rich wildlife, Thomson Nature Park has a unique cultural heritage as it is the site of a previous Hainan Village. Visitors can start 3 specifically curated walking trails and find the residues of the past kampung life that can still be found there!


Springleaf Nature Park-- It is a reasonably small park with a walking trail traversing Sungei Seletar, a canal that eventually ends up streaming into the Lower Seletar Reservoir.


Due to its close proximity to the Central Catchment Reserve, it is abundant in biodiversity, and is home for more than 80 types of homeowner and migratory birds. These consist of the White-throated Kingfisher, Blue-tailed Bee-eater and Long-tailed Parakeet.







Developer of Belgravia Ace

The designer for Belgravia is Fairview Developments Pte Ltd, a subsidiary of Tong Eng Group, which is renowned for developing lovely landed houses in addition to condos.


Its history dates back to the 1940s when Teo Thye Chor and his younger sibling Teo Thye Hong moved from the Hui An district of Fujian, China, to Singapore in search of a brighter future. After overcoming early challenges, they formed Tong Eng Brothers after the Second World War, taking part in the trading of electrolytic tinplates used in the production of cans and bottle caps.

Reacting to the call for post-war restoring in the 1950s, the siblings prepared for a rise in demand for lodging. For this reason, this began their diversity into residential or commercial property development. And the rest the stated, is history.


Over the years, they have developed an excellent portfolio of homes. These consist of Belgravia Villas, Belgravia Green, Poet Villas, Three Balmoral and Goodwood Grand, among many others.









Conclusion: Is Belgravia Ace’s Good Investment?
Belgravia Ace provides appealing financial investment potential due to the limited supply of freehold landed real estate in Singapore. Future supply of freehold land will just originate from en bloc sales or landbank held privately as the government will just provide 99-year leasehold land under its government land sale program (GLS).

In addition, developers that get new landed parcels through en bloc sale might not always redeveloped them into landed real estate, crimping the supply further. As land bought through en bloc sale would likely cost more, this would naturally lead to higher rates.

Meanwhile, the popularity of strata landed housing has actually been increasing over the years as buyers are drawn to the facilities that come with such developments. It is equivalent to residing in condos, however with the added advantage of more privacy, exclusivity and spaciousness.

As can be seen, private property prices for all types have actually rebounded strongly from the trough of the worldwide financial crisis in Q2 2009. Ever since, the marketplace has actually gone through a number of rounds of residential or commercial property cooling procedures, with the most recent in July 2018 that saw the Additional Buyer's Stamp Duty (ABSD) increased and the Loan-to-Value (LTV) reduced.

Despite some blips along the way, the marketplace has actually been on an uptrend. However, belgravia ace is notable that landed residential or commercial properties have actually exceeded non-landed properties. From the trough of Q2 2017 till Q1 2021, their rates were up 35.1% and 23.4% respectively. In Q1 2021 alone, landed homes jumped by a significant 6.7% quarter-to-quarter.

Another fascinating point to note is that freehold landed homes have actually seen more deals monthly than leasehold landed homes in the last one year. This goes to reveal the ongoing cravings for freehold landed homes.





Tong Eng Developer



Read More: Belgravia Ace Developer Site




Website: https://belgraviaceofficial.sg/belgravia-ace-site-plan/
     
 
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