SILAT RESIDENCES
Silat Residences is a new and upcoming condominium located along , bounded by . It is a 99 years leasehold residential project in the Central Region of Singapore. Silat Residences has a large land site of square feet and wil house approximatley xxx residential apartments. Silat Residences is an ultra-modern condominium developed by UOL and located along .
Silat Residences is designed and developed to meet the needs of of every family. Every details are carefully considered which makes Silat Residences unique from the surrounding apartments. There is abundance and space for every family. if you are looking for a place for a multi-generation unit, Silat Residences New Condo is a perfect place to be. The living room is the focal point and uniquely dedicated to entertaining your guests.
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Attractive Prices at Silat Residences
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View Unit Prices and Available Units Here
Silat Residences will be constructed into a high-rise structure with full facilities, modern fittings, elegant furnishings, and dashing interior and exterior decors. The site will host five blocks elevated into 17 levels. Unit distribution ranges from one bedroom to large penthouses with exceptional features. According to the floor plan layout, each apartment will have comfortable spaces allocated to family rooms and dining area. The living room shall receive strong walls and high ceilings. As for the bedrooms, extra attention shall become placed on natural illumination, bathrooms, closets, drawers, and their entire ambiance. At the kitchen, developers plan on equipping and mounting beautiful, durable cabinets on the wall as well as spice shelves. Attractive countertops will be fitted along and around the sink while the developers provide more segments below the surface. On top of that, you will have an island to make and share meals with family. Due to public demand, Silat Residences will have several features such as swimming pools, tennis courts, BBQ area, gymnasium, elevated deck, clubhouses, function room, and a guardhouse.
The site’s landscapes are dazzling due to the presence of footpaths created alongside greenery gardens. They complement the condo’s exterior décor and amplify the environment within. On completion, Silat Residences will have well-maintained plantations and decorates to set the building apart from its competitors.
The architecture was designed and crafted to utilize the location and the views it offers, while outdoor spaces connect the building to the elements of nature. The surrounding grounds and private outdoor spaces, including oversized balconies and expansive terraces, are designed to echo key features of the natural environment with a selection of trees and shrubs that are native to the region. Walkways and greenery are incorporated in the design of the surrounding landscape, bringing to life the traditional values of neighbourhood and community. Silat Residences is a thoroughly modern building, featuring fresh, contemporary interior style.
5 Benefits of Living in Silat Residences, Singapore
Utmost convenience and accessibility are not the only advantages of having a unit here. Silat Residences is more than just a residential unit and shopping mall combined as one. While most people see mixed developments as something risky for their private life, there’s more to these properties than privacy issues. Check out its advantages below.
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Unparalleled Convenience
Convenience at its finest is the ultimate advantage of mixed development Silat Residences With everything you need right within reach, you don’t have to travel far from home just to fetch daily necessities. From doing your grocery to obtaining basic supplies, you can even buy a brand new shoes or shirt just by going down on your unit. Bringing retail therapy close to home has many advantages such as:
- You don’t have to strain your arms travelling with huge grocery bags on your hand.
- Restaurants and food shops within the building provides an easy access to sumptuous meals.
- Driving away from home just to visit shopping malls is virtually not needed.
- You can even find a work right inside the building saving you tons of precious time and money.
- With different recreational activities within reach, it’s impossible to have a dull moment.
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Saving Costs
There are many advantages of getting a unit in Silat Residences, to one of which is that your expenditures will be greatly minimized. The cost of fuel is on all-time high, and by reducing the need to travel, it allows you to save a huge amount of sum. Also, you don’t have to pay parking fees and take public transport just to buy a bag of chips or frozen meats. Right within your development grounds are various stores to cater all your needs. Less travel definitely means less spending.
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Higher Chances of Passive Income
The added benefit of having a mall just below your unit can likewise fetch high rental income. Silat Residences is an attractive development to tenants because of the convenience and accessibility it brings. Tenants are willing to shell out more provided that they have everything they need in just one roof.
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Increasing Location Value
it plays a huge role on increasing the intrinsic value of the district or location. With affluent people flocking this area, it significantly intensifies the reputation of the district in Silat Residences. Attracting more wealthy spenders, it makes the area a highly “desirable” location.
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Flexible Investment
Last but definitely not the least the benefits of having a unit in Silat Residences, Singapore is its flexibility to hold your investment depending on your desires. If you decide to let go of your unit, listing it on the open market is a great option. Keep in mind that a well-designed mixed-used development sitting on a great location can draw hundreds of potential buyers. Furthermore, you could sell your unit to foreigners since most of them are attracted on convenient city living. On the other hand, if you don’t want to let go of your Silat Residences, there’s always a possibility of renting it out to gain valuable income.
Silat Residences- Connectivity
Silat Residences- Amenities
Silat Residences- Education
Silat Residences- Developer UOL
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| Project | Silat Residences |
| Developer | UOL |
| Location | |
| District | |
| Tenure | 99 years leasehold |
| Site Area | |
| GFA: | |
| Plot Ratio | |
| Expected TOP: | |
| Total Units | Approximately residential apartments |
| Total Carpark | |
| Development | Condo comprising of communal facilities |
| Unit Type: | |
| Architect | |
| Eligibility | SC, SPR and Foreigner can buy |
| Silat Residences New Condo Unit Mix Distribution | |||
|---|---|---|---|
| Unit Type | Type | Area (Square Feet) | Total No. of Units |
| 1 Bedroom | TBA | TBA | TBA |
| 2 Bedroom | TBA | TBA | TBA |
| 3 Bedroom | TBA | TBA | TBA |
| 4 Bedroom | TBA | TBA | TBA |
| 5 Bedroom | TBA | TBA | TBA |
| Penthouse | TBA | TBA | TBA |
| Silat Residences New Condo Facilities | |||
TBA
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| Silat Residences New Condo Price List | |||
|---|---|---|---|
| Unit Type | Area (Square Feet) | Pricing | PSF |
| 1 Bedroom | TBA | TBA | TBA |
| 2 Bedroom | TBA | TBA | TBA |
| 3 Bedroom | TBA | TBA | TBA |
| 4 Bedroom | TBA | TBA | TBA |
| 5 Bedroom | TBA | TBA | TBA |
| Penthouse | TBA | TBA | TBA |
WHY BUY SILAT RESIDENCES NOW?
After enduring four years of decline, the property developers finally have some good news. The URA reported an increase of 5.4 percent in the private residential property. This is now attracting property dealers from all over the world. As you all may know, Singapore is an island and land will always remain a scarce commodity that’s why the prices of these properties are bound to increase in the long term.
In Singapore residential market, the price gap between HDB versus the private residential market is widening. Base on DBS, it states that Bull Case would see Annual Pirvate Home demand of 17,250 units.
Base on our analysis, our projection for new home demand will come from
1) Household formation
2) Upgrader demand and
3) Foreigner purchases for investment.
The current eb-bloc craze has seen developers investing close to S$34 Billion into Singapore property market (S$26 Billion in en-bloc transactions and S$8 Billion into Government Land Sales (GLS) programmes. With a total of 6,500 households displaced, the near term demand over the next two years could rise above the historical norm.
Projected base Population Growth of 6.5 million by 2030 is expected to have a positive impact on Private Home Property Market as demand is projected to remain above historical average of 12,000 units per year.
Register HERE for a presentation to understand why the property market is heading towards an unstoppable uptrend.
Since Silat Residences new launch condo is currently under construction, it offers a great option for buyers who are still saving the money for the initial down payment. By facilitating buyers with a progressive payment schedule, installments can be made every few months. These small installments represent a much more accommodating and manageable mortgage. If you buy an investment property, you can easily find a tenant that will help you pay down the loan and mortgage. You will be buying the property at the best price if you get it directly from the developer.
After the purchase, you can resell the property at a higher price. This is great for young people who are looking to settle down in a good place. The great thing about Silat Residences new launch condominium is that there is no asset depreciation. So, if you sell the condo just before its completion, you have a chance of acquiring a higher profit.
Buying a Silat Residences condo will prevent you from paying buyer’s commission because that will be paid by the developer. After each successful sale, the developer pays the agency which further pays the agents involved. The location of your condo will play a huge role in determining its value in the long run. You can also choose the unit you desire since Silat Residences is newly launch, but you will have to act fast because condominiums sell out pretty fast.
This is ideal for buyers who are very choosy and particular about what kind of home they want. You will have the opportunity of securing units with better views which will eventually become very valuable on the open market. All you have to do is sign up and pre-register for the preview by contacting the developer’s marketing team members. To attract a lot of customers, property developers often offers many discounts and stamp duty reimbursements during the VIP and VVIP preview. All you have to do is choose your desired units, submit them with your cheque and leave the rest to the developer’s agent.
The developer’s marketing team will enlighten you regarding the all the particular details of Silat Residences such as the pricing, floor plan, etc. during this preview. The value of these condominiums automatically increases the moment the developer removes the early bird discounts. These discounts will be saving you a lot of trouble of negotiating with the seller as well.
Anyone who has invested so much in property would want to be relieved from any further tensions and look forward to enjoying their latest purchase. You will receive Silat Residences in brand new condition and can renovate it according to your taste and needs. Not that you’ll need any renovation because everything will be brand new and you will not have to deal with additional maintenance work.
But in case you face any issues in the condo, you won’t have to spend extra money to get it fixed because the developer offers you a one-year warranty on fixtures and fittings. The plus point about Silat Residences is that you add your personal touch to it as everything will be according to your choice, and you will not have to deal with the previous owner’s choices. Silat Residences also offer much better facilities than any other resale property.
Investing in a Silat Residences newly launched condo does mean that you will have to wait to enjoy the luxury, but one thing that will help you get through it is that the wait and money are going to be worth every second and penny.
LOCATION MAP and AMENITIES- SILAT RESIDENCES
The Silat Residences Condo is located along,
FACILITIES SITE PLAN E-BROCHURE- SILAT RESIDENCES
The Facilities and Site plan of new condo launch at Silat Residences, are currently seeking approval from relevant authorities.
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RESIDENTIAL FLOOR PLANS E-BROCHURE- SILAT RESIDENCES
- Make sure you check the measurement of each room which will give you the idea of the size of the room and how much of your furniture can fit into it. Always check which way the door will be swinging and the space that will be left empty after the door is opened or closed. Check if the windows embedded in the condo are as per your necessities. Sliding windows are demonstrated by thin empty line by the dividers, while casement windows, as a rule, come in sets.
- Do check whether room size matches your required area so that you do not have to face difficulty when fitting the furniture in the room. Make sure the total numbers of rooms mentioned in the floor plan are according to your family needs. Check the dimensions allotted to the kitchen. Make sure that every room has a separate entryway so that there is no hindrance to privacy.
- Check the measurements of the corridors as most people consider long passageways are generally viewed as a waste of space. Always check for natural lighting. This is a very important step for the ventilation and the aura of your home. Ensure you get enough morning and evening day light and the accessibility of sun shades. Ensure that there is appropriate cross ventilation in the house Condominiums usually do have room for the family maids. Make sure that there is one if you require it.
- Ensure that the cupboards are built-in in the condominium so that you do not have to spend extra money on installing new ones. Check which walls are structural and nonstructural for safe removal in the future. Structural walls are represented in the floor plan by thick bold lines while non-structural walls are indicated by thin lines. Check if storage room and pantry space fulfill your requirements. Also note that whether the washrooms are connected or common, according to your requirements.
AVAILABLE UNITS/ SOLD/ CHEAPEST PRICES PSF STARBUY- SILAT RESIDENCES
View Site and Facilities Plans HERE
Like any other new launches, the prices of Silat Residences will only be announced on the sales day. Indicating pricing will be announced earlier.
Silat Residences is a new condo where the site was sold to UOL Group
Cost of Land
The biggest item which determines the new condo price on the launch date is the price at which the land was acquired for the development. This cost of land is spread out across the size of the development so that the cost per square foot (psf) is established. This means that a piece of land with fewer condos may have a higher land psf than another similarly sized piece of land with more condos built on it.
Construction Costs
The cost of constructing the condos also influences the price at which those condos will be sold on the launch date. Construction companies have become so efficient that their construction costs for each square foot of a building don’t vary so much.
Developer Expenses and Profit
The cost of land and the cost of building the condominium will give you the base cost of the project. A fraction (30%) of that base cost will be added in order to cover the additional expenses (conveyance fees and financing costs, for example) incurred during the land development. That fraction of the base cost also covers the profit margin of the developer. The total of the base cost and the extra 30% in order to arrive at an estimate of the likely new condo price on the launch date.
Developers are in the business of building houses for people, they want to make a good product that is of value to the consumers, and they need to generate healthy profits levels for their shareholders. With the most expensive items as land and construction costs, add on the administrative, sales and marketing expense, finance cost, profit margin we will arrive at the selling price.
Marketing expense for the project is around $200 psf. Construction costs including architecture design, is about $350 psf for a condominum.
- Administrative expenses: Staff costs, office rents etc..
- Sales and marketing expenses: Showflat building costs, commission for real estate agencies, advertising for the development, lawyer fees for conveyancing etc..
- Finance costs: interest expense paid to the finance institutions for financing the development.
30% of the base cost that cover the construction and other expences will be the profits. Add them all up and you will get the estimate launch price.
Land Cost: $629 million+ Top up lease $289 million
Construction Cost: $350psf
Marketing expense: $200psf
Profit margin: 20%
Estimated launch price: $1700psf
SHOWFLAT LOCATION- SILAT RESIDENCES
If you wish to visit Silat Residences Showflat viewing, all you need to do is to schedule an appointment with us before coming around so as not to waste your time and avoid making a fruitless journey because our showflat may not be opened to the public on particular days and time.
No Agent Fees! Get amazing benefits as well as Direct Developer Discount. For additional enquiry, please get in touch with us at our Sales Information Hotline +65 90070868 for further details on the details of Silat Residences Condominium.
Get in touch with Silat Residences Developer Sales Support Team.
It is important to deal with only with our authorized Developer Sales Support Team, you will get the best obtainable Direct Developer Discount. Get the latest information about Silat Residences units today!
Silat Residenecs Showflat is located along ................
Tastefully designed to maximise the usability and efficiency of the size, the geographical location, proximity to eateries and top schools, seek to attract many potential home seekers and upgraders to make Silat Residences their dream home.
Do register early to book your Silat Residences Showflat viewing appointment with us to have a feel of the luxurious and fine finishing by the developer after several detail plannings.
4 Simple things to take note before visiting Silat Residences Showflat Gallery
1) We advise to check and know how much CPF you are able to use to purchase Silat Residences Condo
2) Contact our Sales Team for our recommended trusted panel of bankers for your loan assessment
3) Are you affected by the TDSR? You will need to know the bracket which you are in
4) For the actual launch date, you will need to understand on how the balloting system works
Register Early to keep yourself update on the latest information pertaining to Silat Residences. Alternatively, you may contact our Developer Sales Personnel for a non-obligated discussion.
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