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Belgravia Ace - Freehold Strata Landed Property at Seletar





This is a evaluation of Belgravia Ace in District 28, a freehold strata landed housing development situated at the idyllic private domestic enclave of Seletar Hills Estate. Including 107 units (104 semi-detached and 3 terrace homes), it will be developed by Fairview Developments, a totally owned unit of the Tong Eng Group. Belgravia Ace will be the third stage of its Belgravia Collection. The first was Belgravia Villas followed by Belgravia Green, released in 2013 and 2018 respectively. All units will include 5 bedrooms, a basement, sky garden and personal lift.





Table of Contents

1. Belgravia Ace In-depth Review - Rare Freehold Strata Landed Property at An Mo Kio
1.1. Special Features
1.2. Area 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 home with 24-hour security and shared facilities

A rare freehold strata housing development on such large plot of land - scarcity to assist underpin property worths

Freehold status negates issues over lease decay, providing chances for future collective and tradition preparation

More open spaces and facilites under modified URA guidelines supply a higher quality of living

Extraordinary design functions and modern-day faclities

Arrangement of premium fittings and appliances

Proximity to significant work hubs supplies possible catchment of tenants

Reliable 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





Location Map

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

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

Access to Belgravia Ace is via Belgravia Drive, a new road simply off Ang Mo Kio Avenue 5. Belgravia Ace lies at the innermost of the 3 Belgravia Phases - the other 2 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 numerous big public housing estates such Ang Mo Kio, Yio Chu Kang, Serangoon North, Hougang and Sengkang which will supply a vast array of amenities.





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


They will also have private lifts, which help with practical access to 5 levels of living areas. This is an crucial function for households senior folks or those with mobility concerns.


There will be sufficient car park and each house will have at least adequate area for two cars and truck lots at the basement. This will assist to get rid of any parking concerns with neighbours or visitors, which are quite typical in traditional landed real estate estates.



Below is a summary of Belgravia Ace's distinct and remarkable style functions:


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

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

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

18 systems with basement on ground level, resembling a standard landed house.

Balcony systems approximately 3,600 sqft.

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

6m width in between external and border wall.

1 Electrical Vehicle (EV) charger.

2 swimming pools.





Freehold Landed House
In land scarce Singapore, as the federal government will no longer provide freehold land for sale, a lot of will just originate from en bloc sales or existing land bank independently held by residential or commercial property designers.


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


Besides tradition preparation, Belgravia Ace is designed for multi-generational and young households who are trying to find a large landed house with a good range of centers that will cater to the needs of any ages. Not unlike condiminiums, the gated development with 24-hour security services and committed pick-up/drop-off point will improve the safety of all residents. This is particularly so for school-going kids waiting on their school buses.






Facilities & Site Plan .
" Due to its big land size, Belgravia Ace will enjoy a variety of centers such as 2 pool, kids's play area, BBQ structure, clubhouse and gym, all attentively integrated with stunning landscaping and water functions.


This will use residents a retreat from the hustle and bustle of modern living while allowing them to recharge their mind, body and soul. For households with young children, the myriad of centers will offer them with quality bonding time at their doorsteps.


Moroever, with only 107 units, they will get to enjoy a high level of exclusivity and quality time on their own or with family and friends.





Recreation Near Belgravia Ace
There are several nature parks a brief 10-13 minutes' drive from Belgravia Ace. belgravia ace of these nature parks offers a remarkable experience for locals living around the location. Aside from the Hampstead Wetlands Park discussed above, the others are.


Lower Seletar Reservoir Park-- A brief 10 minutes' drive from Belgravia Ace, its calm waters, balmy breezes and serene surrounding provides a enjoyable place for pastime, both on land and in water. Including a Family Bay with a brand-new efficiency stage, a water play area, a bioswale rain garden, as well as a Heritage Bridge, there's always something for everybody to take pleasure in.


Fitness lovers can also take long, leisurely strolls or jogs, while a fishing jetty that extends from the park into the reservoir permits avid anglers the chance to reel in their next big catch.


The Rower's Bay Park-- It lies further north of Lower Seletar Reservoir near Yishun Dam. Besides being a popular venue for kayaking and dragon-boating, which is handled by PA Water-Venture, it is one of the best areas to catch the dawn or sundown in Singapore.


There is a boardwalk to explore the wetlands, which are filled with plant species that will bring in and provide a habitat for native wildlife in the location such as the grey heron and copper-cheeked frog.


Sengkang Riverside Park-- It is house to the unique Sengkang Floating Wetland that was constructed to collect and filter rainwater naturally through its water plants. The park is constructed and preserved by PUB. When embarking on the park's many trails through the marshland and wildlife habitat, the sight of mangrove birds and damselflies provides an interesting day out for the whole household.



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


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


Apart from its abundant wildlife, Thomson Nature Park has a special cultural heritage as it is the website of a former Hainan Village. Visitors can start three specially curated strolling trails and identify the residues of the past kampung life that can still be found there!


Springleaf Nature Park-- It is a fairly small park with a strolling path traversing Sungei Seletar, a canal that ultimately ends up streaming into the Lower Seletar Reservoir.


Due to its close distance to the Central Catchment Reserve, it is rich in biodiversity, and is house for more than 80 species of resident and migratory birds. These include 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 gorgeous landed homes as well as condos.


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

Responding to the call for post-war restoring in the 1950s, the siblings prepared for a surge in demand for lodging. Hence, this began their diversification into home development. And the rest the stated, is history.


Over the years, they have actually developed an remarkable portfolio of properties. These include Belgravia Villas, Belgravia Green, Poet Villas, Three Balmoral and Goodwood Grand, amongst numerous others.









Conclusion: Is Belgravia Ace’s Good Investment?
Belgravia Ace uses promising investment capacity due to the minimal supply of freehold landed housing in Singapore. Future supply of freehold land will just originate from en bloc sales or landbank held privately as the federal government will only provide 99-year leasehold land under its government land sale programme (GLS).

In addition, designers that acquire new landed parcels by means of en bloc sale may not necessarily redeveloped them into landed real estate, crimping the supply further. As land bought by means of en bloc sale would likely cost more, this would naturally lead to higher prices.

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

As can be seen, private property costs for all types have rebounded strongly from the trough of the international financial crisis in Q2 2009. Since then, the market has gone through a number of rounds of home cooling measures, with the most recent in July 2018 that saw the Additional Buyer's Stamp Duty (ABSD) increased and the Loan-to-Value (LTV) decreased.

In spite of some blips along the way, the market has actually been on an uptrend. However, it is noteworthy that landed properties have exceeded non-landed residential or commercial properties. From the trough of Q2 2017 till Q1 2021, their prices were up 35.1% and 23.4% respectively. In Q1 2021 alone, landed homes jumped by a large 6.7% quarter-to-quarter.

Another fascinating point to note is that freehold landed properties have actually seen more deals on a monthly basis than leasehold landed properties in the last one year. This goes to show the continuous appetite for freehold landed homes.





Tong Eng Developer



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