Notes

Belgravia Ace - Freehold Strata Landed Property In An Mo Kio





This is a evaluation of Belgravia Ace in District 28, a freehold strata landed housing development located at the picturesque personal residential enclave of Seletar Hills Estate. Consisting of 107 systems (104 semi-detached and 3 balcony houses), it will be developed by Fairview Developments, a completely owned unit of the Tong Eng Group. Belgravia Ace will be the third stage of its Belgravia Collection. The very first was Belgravia Villas followed by Belgravia Green, released in 2013 and 2018 respectively. All units will feature 5 bed rooms, a basement, sky garden and private lift.





Table of Contents

1. Belgravia Ace Review - Rare Freehold Strata Landed Gem In Seletar
1.1. Unique Features
1.2. Location Map
1.3. Floor Plan Design Features
1.4. Freehold Landed House
1.5. belgravia ace floor plans & 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





Unique Features
A gated residence with 24-hour security and shared facilities

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

Freehold status negates concerns over lease decay, using chances for future collective and legacy preparation

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

Extraordinary design features and modern-day faclities

Provision of premium fittings and home appliances

Distance to major employment centers supplies potential catchment of tenants

Respectable developer with a long history of real estate advancement considering that 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 global school





Area Map

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

The Seletar Hills Estate is a much in-demand location to own a home. As a personal landed property enclave with a peaceful environment situated in between Ang Mo Kio Avenue 5 and Yio Chu Kang Road, its exclusivity is much valued.

Access to Belgravia Ace is through Belgravia Drive, a new roadway just off Ang Mo Kio Avenue 5. Belgravia Ace lies at the innermost of the three 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 housing along Stratton Drive.

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





Floor Plan Design Features
All systems will come with substantial and practical layouts, with the double-volume ceiling at the dining location contributing to the development's luxurious feel.


They will also have personal lifts, which facilitate convenient access to five levels of living areas. This is an essential function for families elderly folks or those with mobility issues.


There will be adequate parking area and each home will have at least adequate area for 2 vehicle lots at the basement. This will assist to get rid of any parking issues with neighbours or visitors, which are rather common in standard landed housing estates.



Below is a summary of Belgravia Ace's distinct and exceptional style features:


5-levels from basement to roof (with living room for some) and a integrated area 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, resembling a traditional landed house.

Balcony units roughly 3,600 sqft.

Living room at rooftop for some units (no bedroom).

6m width between external and limit wall.

1 Electrical Vehicle (EV) charger.

2 swimming pools.





Freehold Landed House
In land limited Singapore, as the government will no longer use freehold land for sale, a lot of will just come from en bloc sales or existing land bank independently held by home developers.


Provided the deficiency of freehold land, this will underpin the worth of residential or commercial properties like Belgravia Ace in the long-lasting. Also, without any lease decay issues, they will enable households to bestow their homes to the next generation.


Besides legacy planning, Belgravia Ace is created for multi-generational and young families who are searching for a considerable landed house with a excellent range of centers that will accommodate the requirements of all ages. Not unlike condiminiums, the gated development with 24-hour security services and devoted pick-up/drop-off point will enhance the safety of all homeowners. This is specifically so for school-going kids waiting for their school buses.






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


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


Moroever, with only 107 systems, 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 several nature parks a short 10-13 minutes' drive from Belgravia Ace. The distance of these nature parks offers a interesting experience for locals living around the area. Other than the Hampstead Wetlands Park mentioned above, the others are.



Lower Seletar Reservoir Park-- A brief 10 minutes' drive from Belgravia Ace, its calm waters, pleasant breezes and tranquil surrounding offers a enjoyable place for pastime, both on land and in water. Featuring a Family Bay with a brand-new performance phase, a water play area, a bioswale rain garden, as well as a Heritage Bridge, there's constantly something for everybody to delight in.


Physical fitness enthusiasts can likewise take long, leisurely walks or jogs, while a fishing jetty that extends from the park into the tank allows passionate anglers the chance to attract their next big catch.


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


There is a boardwalk to explore the wetlands, which are filled with plant types that will bring in and supply 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 built to collect and filter rainwater naturally through its marine plants. The park is developed and maintained by PUB. When starting the park's lots of tracks through the marshland and wildlife habitat, the sight of mangrove birds and damselflies supplies an interesting day out for the whole family.


Running along the perimeter of the wetland is a Fruit Tree Trail that includes 16 kinds 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 lies 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 house to unusual 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 special cultural heritage as it is the site of a former Hainan Village. Visitors can embark on three specially curated walking routes and find the residues of the past kampung life that can still be discovered there!


Springleaf Nature Park-- It is a relatively little park with a strolling path traversing Sungei Seletar, a canal that eventually winds up flowing into the Lower Seletar Reservoir.


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







Developer of Belgravia Ace

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


Its history go back to the 1940s when Teo Thye Chor and his more youthful bro Teo Thye Hong migrated from the Hui An district of Fujian, China, to Singapore looking for a brighter future. After overcoming early obstacles, they formed Tong Eng Brothers after the Second World War, participating 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 bros anticipated a surge in demand for accommodation. Thus, this started their diversity into residential or commercial property development. And the rest the said, is history.


Throughout the years, they have built up an remarkable portfolio of homes. These consist of Belgravia Villas, Belgravia Green, Poet Villas, Three Balmoral and Goodwood Grand, amongst numerous others.









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

In addition, designers that acquire new landed parcels through en bloc sale might not necessarily redeveloped them into landed real estate, crimping the supply even more. As land bought via en bloc sale would likely cost more, this would naturally lead to greater prices.

Meanwhile, the appeal of strata landed housing has been increasing throughout the years as purchasers are drawn to the facilities that include such advancements. It is equivalent to residing in condominiums, but with the included benefit of more personal privacy, exclusivity and spaciousness.

As can be seen, private property costs 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 numerous rounds of property cooling steps, with the latest in July 2018 that saw the Additional Buyer's Stamp Duty (ABSD) increased and the Loan-to-Value (LTV) decreased.

Regardless of some blips along the way, the market has actually been on an uptrend. However, https://belgraviaceofficial.sg/belgravia-ace-price/ is notable 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 leapt by a hefty 6.7% quarter-to-quarter.

Another interesting indicate note is that freehold landed residential or commercial properties have seen more deals each month than leasehold landed residential or commercial properties in the last one year. This goes to show the continuous appetite for freehold landed houses.





Tong Eng Developer



To See More: Belgravia Ace Developer Site




Homepage: https://tongeng.com.sg/