0619Highpoint condos. Expatriate relocation
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Singapore Properties shown in this report are for sale to foreigners.
HIGHPOINT
FOR RENT
June 20, 2001
2 units, renovated, 6th
floor, $6,500.
Tel: +65 9668 6468, email judy@asia
homes.com
Many Americans are unsure
what "bungalows" mean. Bungalows are detached houses. Houses without sharing a
common wall between neighbours. It may be equivalent to a "single family
residence" in the USA.
See pictures:
Tel: +65 9668 6468, email judy@asia
homes.com
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HIGHPOINT
research report supported by Asiahomes Internet
for
1. Highpoint condo.
2. Case Study: Misrepresentation by Realtors.
30 Mount Elizabeth. Completed: Around 1978. 62 units. 3-bedroom:
2,997 sq. ft. 3 units/floor
Finishes:
Depending on renovation.
The living/dining area may be marble tiles or marble tiles in the living and and ceramic
tiles in the dining area or wooden. Bedrooms parquet. Renovated units may have no
balconies. The family area may have a balcony or be converted into the 4th bedroom
without closets. 
The family area with a balcony makes this condo spacious. June 2001 Rent is
$6,500. Living area (right) and kitchen in foreground. Email judy@asiahomes.com Tel: +65 9668 6468 now!
Facilities:
Upgraded medium-sized swimming pool, children's pool, playground, car park, barbecue area,
24-hour security.
Occupancy Rate: Almost
100% as this Condo is popular with Caucasians. 3 units available for lease from $6,000 -
$7,000/month.
Competitors:
Newer Condos like Aspen Heights Condo (606 units) but the latter is a high density condo..
Few new downtown condos have such big floor areas of 3,000 sq. ft.
Investors to note:
Freehold. Units renovated to suit Cacuasian tastes, are in great demand by older expats
who don't need tennis or squash courts or gym.
Very rentable if Caucasian expats do not mind obstructed views from the living room -
facing Elizabeth Hotel, Scotts 28 and Trendale Tower.
Certain rooms have clear city views. The family area has has been used as SOHO (small
office, home offices) by some expats or converted to a 4th bedroom by some owners.
If the family area is not converted to a bedroom and has a good sized balcony, the
apartment has that open spacious feeling.
Advantages:
Location on top of a hill.
Higher floors gives an impression of top of the world living with panoramic view of city.
Upgraded pool and new
elevators in 2001. Well maintained grounds.
Privacy at 3 families/floor and only one building.
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Last updated: 05 Nov 2002
Floor plan suits most Caucasian families. Big family room, bright kitchen, one powder room
and spacious bedrooms. Big living/dining area giving a sense of spaciousness.
10-minute walk to Orchard
subway and Scotts Road (via short cut past Goodwood Park Hotel) to American/Tanglin Club
or Newton subway.
At least 2 major supermarkets within 10
minute walk - Cold Storage and Sogo.
Cheaper rental than newer condos. Value
for money. Attracts many Caucasians who work in Orchard Road area as the spouse can wake
up late and go to office within 15 minutes.
Have been used as SOHO (home office) for representative offices by Caucasians, saving
considerably on rentals.
Upgraded swimming pool, good landscaping and looks very clean and (therefore well
managed). Neighbours are from the elite class in general.
Several buses to Orchard Road, Shenton Way. Many taxis.
Disadvantages:
Inside the Central Business Restricted
Zone. You must pay an electronic road toll.
Lack of unobstructed views for some lower
units or units facing the Scotts 28 Condo and The Elizabeth Hotel.
Balconies appeal to Caucasian expatriates but many Owners have had closed up the
balconies, either due to rainwater seeping into the living room or to enlarge the living
area.
Only pool. No gym or tennis court. Has a big function room, meeting area and
playground.
Some units have living rooms face the Elizabeth Hotel rooms - no view and are dark,
especially the lower floors.
The strategy to attract Caucasian expatriates is to provide a bright kitchen. The
kitchen tends to be dark as it is located between the maid's room and the utility area
(see picture above, maid's room on bottom right, dining room on left, air con compressors
on right) but some Owners have had re-positioned it in the maid's room area so that the
kitchen has windows and are brighter.
The powder room is near the main door and should be renovated in light-coloured tiles
rather than retaining the glossy mosaic wall tiles.
RENOVATED UNITS MAY BE ATTRACTIVE.
See:
Jul 27 00: 4+1
Highpoint, renting at $9,000
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