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Asia USA Realty (Singapore) asiahomes.com Pte Ltd  - Real Estate Department
Last updated: 03 Feb 2004

Focus:  We get for you affordable Singapore homes.  Rent or Investment

CHELSEA GARDENS, THE TESSARINA, FOREIGNERS BUYING SINGAPORE PROPERTIES (ONE CASE REPORT)
The Tessarina
30 Wilby Road:
443 units
Completed: 2003
Size range:
2 Bedroom 958 - 1,270 sq ft
3 Bedroom 1,313 - 1,679 sq ft
4 Bedroom 1,615 - 1,776 sq ft
Penthouse 3,358 - 3,671 sq ft

Near German & Dutch Schools in expatriate enclave.

 

CHELSEA GARDENS 
2, 6, 8 Walshe Road, off Stevens Road.
5-min walk to Orchard Road & Jason supermarket by short cut via Gardenville to Anderson Road. 
Another 10-min walk to Orchard subway. Or just take a bus from Stevens Road, outside the condo and go to Orchard Road, The American Club, Tanglin Club in 5 minutes. 

Freehold. 40 units
Completed: Around Dec 2000.
Three 10-storey blocks.

Beautifully designed swimming pool, wading pool, unique hydrotherapy pool (jetting pool), tennis court, basement gym, playground, jacuzzi, sauna, BBQ area away from the pool (one grille and sink), lots of deck chairs near the pool for visitors to meet, English style landscaping.

Singapore's upscale Chelsea Gardens - large patios on ground floor units One apartment/floor for 2 blocks and two apartments per floor for 1 block.  Private lift foyer.  Low density means less crowded pool and privacy for sun lovers.  Upscale. Prestigious location. Balcony. Large patios for ground floor units. 

Service lift foyer. Cream-coloured marble flooring in the living and separate dining areas which are split levels. Small circular or triangular balconies.  Bright apartments.  The kitchen is too small to accommodate a dishwasher but you can run a long water hose to connect it at the back yard area.    
Basement car parking. 24-hour security.   

The maid's room in the 2000 sq. ft apartment is part of the utility area where you put washing machines and dryer. It has a door opening to the private lift lobby. 

Rent: As at April 2001, the rent asked for a 2000 sq. ft varies from $9,000 - $10,000, a 2500 sq. ft condo, $12,000 and the biggest penthouse with a good sized roof terrace for private entertainment and private jacuzzi bath $19,000. Rentals have dropped to $7,000 for the 2,000 sq ft condos as at Dec 2002, provided there are units available. The demand is great for this condo.

Singapore upscale condo - Chelsea Gardens roof terrace and jacuzziA 10th floor penthouse with roof terrace and a private jacuzzi (left upper end).  Vines and climbers over the trellis will provide shade for the jacuzzi.    

Sale:  The sales price of a 2000 sq. ft condo was around $2.6 million in January 2001.


Singapore upscale condo - Chelsea Gardens - penthouse balcony is larger
Child or Pet safety. This issue is of great concern to parents with less than 5 year old kids. The Chelsea Gardens has balconies with big gaps and look inviting for climbers. All doors must be locked if there are toddlers or pets around.

10th floor penthouse with a  balcony.  An additional transparent perplex wall higher than the balcony may be installed to prevent four-year old from climbing over the balcony. 

Most new Singapore condos don't have this feature as the management corporation may not approve additional walls. 

 
Singapore upscale condo - Chelsea Gardens - pool Singapore upscale condo - Chelsea Gardens - hydrotherapy pool
Unique pool design and patio for ground floor units Hydrotherapy pool near Gardenville condos (background).
Storey   No. bedrooms Sq. m Sq. ft Comments
lst storey
Block at 8 Walshe Road
#01-01
#01-02
3+1 163 1755 Pte terrace about 10 sq. m attached bath.
lst storey
Block at 2 & 6 Walshe Road
#01-01
3+1 208 2239 Pte terrace about 20 sq. m. 3 attached bath.
2nd storey
Block at 8 Walshe Road
  3+ family + 1 197/196 2120/
2110
 
3rd storey
Block at 8 Walshe Road
#03-01/
#03-02
3+ family + 1 182/183 1959/
1970
 
4th-9th storey
Block at 8 Walshe Road
#04-01-09-01
#04-02-09-02
4+1 183/182 1959/
1970
 
4th-9th storey
Block at 2 & 6 Walshe Road
#04-01-09-01
4+1 233 2508. 
2 bedrooms have attached bath.
Living & dining 73 sq. m. Master bedroom 30 sq. m, Balcony 7 sq. m
10th storey
penthouse
Block at 8 Walshe Road
#10-01
#10-02
4+1 260/259 2799/2788 living & dining 51 sq. m
Roof terrace
penthouse
Block at 8 Walshe Road
        jacuzzi pool, store, skylight
10th storey
penthouse
Block at 2 & 6 Walshe Road
#10-01
4+1 350 3767 living & dining 77 sq. m
roof terrace
penthouse
Block at 2 & 6 Walshe Road
        101 sq. m, jacuzzi pool, store, skylight.

 

FOREIGNERS BUYING
SINGAPORE CONDOS
 

Selling Singapore condos to surfers.

This was the second surfer who emailed me, wanting to buy a Singapore condo. The first case was handled by an associate who lost out to the competition as the surfer was difficult to contact and he had to cancel appointments at the last minute since the surfer did not contact him or tell him which hotel he was staying.

I was apprehensive, to say the least.   

The American Caucasian surfer wanted to buy a condo in Singapore. His budget was $2 to $4 million. What should I recommend?  This was one of the rare enquiries from Caucasians as most of them want to rent.  Asians form the bulk of foreigners investing in Singapore properties.

He had done a considerable amount of research and knew all about Singapore. If there was nothing suitable, he would rent.

Since rents are so high for the big condos in Singapore and can be as much as $15,000 per month, it might be better to buy. Assuming a 2-year employment stay in Singapore, the amount of rent paid to the Landlord would be $360,000 which is a substantial amount of savings by any standard!

What properties are desired by Caucasian investors?  A list (see below) was studied. On arrival in Singapore, he hired a Mercedes cab to tour the city and came to my office.  We went house hunting in my car.   

How about financing?  Which local bank would be willing?  My local bank manager was not too familiar with foreigners buying local properties.  Fortunately, there was one lady accountant graduate in Overseas Union Bank who knew all about currency hedging and other financial matters. No problem finding a conveyancing lawyer. 

Without a good banker, this deal might not close so fast. His loan was 50% of the valuation of the condo.  He had good references from his banker in Europe. His loan was approved within 24 hours. This would probably be one of the very rare cases where the internet is a source of income. Even with co-broking, the agency commission for a $3 million condo would be around $15,000.

Tips for new
www.asiahomes.com realtor

There is a lot of research on your part if you want to succeed in closing.  You need to qualify good properties. You need proper planning.

The surfer may also be contacting other realtors at the same time and therefore if you do not have the stomach for competition, do not handle such cases. Invariably a negative attitude pervades and you have already lost to the competitor even before you start. The internet gives you a lead but how to close is your problem?

Do not forget to make trunk calls to find out where the expatriate will be staying in Singapore as you may need to cancel appointments if the expatriate does not turn up.

Many don't contact you after they have had made the appointments to view. If you had not got their hotel or contact numbers, you will have to decide whether to cancel the appointments or not.
House-hunting on Sep 6, 2000 to buy a condo.  An American expat wanted to buy a condo at $3m.
Time Property/Location Rooms sq. ft Sale 
S$
Remarks

10am

UE Square
penthouse maisonette
5+1 3198 3.3m 999 years.  No balcony.

10.30am

The Claymore 3+1 2680 4.0m Freehold.   

11am

The Balmoral
upper maisonette
Photo
4+1 3035 3.0m Freehold.
11.30am Beverly Hill.
Living room faces Lucky Tower building in ....-02 units.
4+1 3780 4.0m Freehold.   Renovated. 

12noon

Dormer Park 3+1 1700 1.5m Freehold.  
  Gambier Court "conservation townhouse" at Kim Yam Road      
Considered not worth buying.

2pm

72 Grange Road 4+1 4320 3.9m Freehold.  

2.30pm

Grange 70 3+2 1981 4.33m Freehold.  

3.45pm

River Place 3+1 1500 2.2m 99 years.
  River Place maisonette with over 300 sq. ft roof terrace & balcony.       Master bedroom just sufficient for one bed.

4pm

Melrose Park 4+1 1700 2.2m  

5pm

Jewel of Balmoral maisonette penthouse,
Photos of balcony, bedrooms
3+2 2411 3.1m 999 years. 16 units.  Hill top. 
  Scotts 28 3 1658 2.98m 99 years.  10th floor.
  Avalon penthouse 4+1 4000    
  Nassim Jade penthouse        
  Palm Spring
penthouse
       
  Holland Peak
penthouse
       

Fri Sep 8 2000
11am

Wing On Life Gardens.  Big rooms and balconies off the living, master bedroom, kitchen and dining area. 4+1 3300 3.3m 4 units available for sale. 
11.30am Hampton Court for rent.  12 units. 8 years old.  4+1 3400 15,000
rent.
Penthouse 4+2 5600 sq. ft. 3 units 5+1 4800 sq. ft have big balconies.

12
noon

Honolulu Tower
Photo.   Upgrading of premises being done.
4+1 5800 3.3m 2 units.   Spacious but dated.

2pm

Anderson Green
34 units. Freehold. Private lift, quality finishes.
4+1 1916 3.016m Rent: $8,000. Unblocked view of green trees and pool.
  Anderson Green Penthouse, #09-04  4+1 4941 6m  

2pm

Aspen Heights maisonette penthouse 4+1 3100 4.25m Blk 263, 15th floor.
  Aspen Heights 4+1 1583 2.2m 999 years. 
Blk 263 ... -21
  Aspen Heights 3+1 1324 1.8m Blk 263,   ...-07.

2.15pm

Aspen Heights penthouse 4+1 3100 4m Blk 263, 15th floor.

2.30pm

Leonie Gardens penthouse 4+1 3046 2.7m 99 years.

3pm

Four Seasons Park.
...-01 units have unblocked panoramic city views. Upscale condo.
4+1 2874 5.8m Freehold. Spring block, Above 25th floor.  Big family area.  No balcony.  $17,000.
  Leonie Gardens penthouse. 3 levels. 4+1 3046 2.7m 99 years.   Roof terrace 
  Gardenville marionette.  Very small balconies. Upscale. Private lift. 4+1 2615 4.2m ..-01 living area faces Anderson Green apartment.

Others 

7 Draycott Drive. 36 units. Freehold.  Pool & security only. 3+1 2120 3.2m  
  Melrose Park maisonette on top floor. 5+1 3400 4.25m  
  The Balmoral Spring maisonette penthouse with roof terrace & jacuzzi.       With a tenant
  The Loft at Nassim Hill, off the plan.       Not ready for occupation yet
  The Tessarina       Not completed.
  Chelsea Gardens 4+1 2000
2500
From 
$2.6 m
Upscale.
  Ardmore Park 4+1 2885 $4.2m Not completed.
  The Sterling 3+1     Sixth Ave location.
The American expat couple bought the Wing On Life Gardens for $3.3 million.
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BE KIND TO PETS is a community education project supported by
Asia USA Realty
Dog bite wounds treated with curry powder.The maternal instinct can be fatal to other adult bitches as in this case of a 12-year old female cross-bred savaged by a nursing mummy pup at 11 p.m on Saturday night. Both had been in harmony living in the same apartment for years and got pregnant when let outside to roam. However, very few strays are found in Singapore nowadays as the Agri-food & Veterinary Authority captures them.

The Owner applied liberally yellow curry powder (removed by vet, not shown in image) to treat bleeding and wounds.  This 84-year old in human equivalent age  had a 6-week pup which was not attacked. 

It is best not to use curry powder to treat dog bite wounds as the powder may get into the dog's eyes and will be very painful. Consult a vet quickly.  Sterilisation of the bitch to prevent pregnancy might be ideal in this case.

YOU WANT to rent or buy Singapore homes? Email details of your specifications  to judy@asiahomes.com or Tel: +65 9668 6468, 6254 3326, 6254 2728, 9668 6469; Fax: +65 6256 0501, 64545 843 for viewing or updates.

Email or fax house-hunting form to us at 6256-0501 and we will contact you within 24- 48 hours.

For more information on rentals or FREE house-hunting for expats relocating to Singapore
Tel: +65 9668 6468, 6254 3326,
6254 2728, 9668 6469
email judy@asiahomes.com now!
or visit  Asia USA Realty

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