According to the analysts, at the end of 2016, the private residential prices will fall up to 15%, and will continue to fall into 2017, but the decline rate is unlikely to exceed 20%. At the same time, the residential rental levels could drop by 8 to 15%, while the rate of vacancy could rise from 7.8% to 10% at the end of 2017.
In relation to the decreasing prices of residential properties, the mixed-use development, which includes both residential and commercial units in single complex, has been becoming really popular, with the increase number of the developers starting to opt for this mixed-use development. Data from URA (Urban Redevelopment)
Authority shows that the home builders only completely less than 19,000 residential units in 2015, which is less than their projected units of 21,359 for the same year; and this is due to the introduction of Lifestyle Homes.
For those who are looking to invest in lifestyle home that offers great convenience, easy accessibility, and a slew of amenities in a single location, they should look no further than the retail and residential development in Yishun called, Wisteria. Here are some of the highlights of Wisteria lifestyle homes.
The main advantage of this integrated retail and residential development is the Wisteria Mall, which provides the residents a slew of shopping and dining options right at their doorstep. For families with children going to school, this is neighboring to several education institutions such as GEMS World Academy, Naval Base Primary School, and Chongfu Primary School.
The location Wisteria is reinforced by its proximity to several commercial clusters such as the Seletar Aerospace Park, Seletar Regional Center, and the Woodland Regional Center.
In relation to the decreasing prices of residential properties, the mixed-use development, which includes both residential and commercial units in single complex, has been becoming really popular, with the increase number of the developers starting to opt for this mixed-use development. Data from URA (Urban Redevelopment)
Authority shows that the home builders only completely less than 19,000 residential units in 2015, which is less than their projected units of 21,359 for the same year; and this is due to the introduction of Lifestyle Homes.
For those who are looking to invest in lifestyle home that offers great convenience, easy accessibility, and a slew of amenities in a single location, they should look no further than the retail and residential development in Yishun called, Wisteria. Here are some of the highlights of Wisteria lifestyle homes.
- For smart living – Wisteria as in-built home automation system that is installed on each and every residential unit. Through this very innovative system, the residents can virtually and intelligently control any device present in their home include AC units, lighting at living or dining area as well as in master’s bedroom. The main door can also be locked through the use of smart devices.
- Spaces to retreat and relax – the residents can expect great relaxation and leisure pursuit with these lifestyle homes. Being equipped with wide ranging state of the art facilities, the fitness enthusiasts can freely choose an energizing dip in 50m free form lap pool or sweat out at aqua gymnasium and gym. For those people who prefer sitting back and lulling away the afternoon, there are lots of spaces available including the jaccuzi, wine pod, water lounge, steam room, leisure deck and sun deck among others. They also had a specially designed BBQ Pavilion that’s perfect for the intimate parties or merely just an unplanned evening outdoor dinner.
- Host of Conveniences and Amenities – Wisteria is located at junction of Yishun Ring road and Yishun Avenue 4 which is really unbeatable in terms of convenience. The building is located within close proximity to different transportation link which include the SLE (Seletar Expressway) and the Katib MRT that make the travelling to other places a complete convenience. The soon to be constructed NSE (North South Expressway) will also drastically reduce the travelling time from and to the city.
The main advantage of this integrated retail and residential development is the Wisteria Mall, which provides the residents a slew of shopping and dining options right at their doorstep. For families with children going to school, this is neighboring to several education institutions such as GEMS World Academy, Naval Base Primary School, and Chongfu Primary School.
The location Wisteria is reinforced by its proximity to several commercial clusters such as the Seletar Aerospace Park, Seletar Regional Center, and the Woodland Regional Center.