(PROPERTY SALES HOTLINE 98348607)Developer sales projects team is proud to present upcoming residential , commercial and industrial launches in Singapore!
THE VENUE RESIDENCES & SHOPPES consist of both commercial (28 retail shops) and residential units (266 residential units) ...http://www.sgpropertyagent.com.sg/The-Venue-Residences.html
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
THE VENUE RESIDENCES AND SHOPPES ! CALL 98348607 CHRIS CHOW PROPNEX FOR CHRISTMAS STARBUYS PROMOTIONS !
1.
2. RESORT-STYLE FACILITIES
FOR YOUR INDULGENCE
Lounge by the pool at the
origami-inspired cabanas or
sweat it out at the
gymnasium at the club
house to get your day
started. Exclusively
designed for the residents,
the facilities make every
day a holiday
YOUR GATEWAY
TO DISCOVERIES
With Potong Pasir MRT
station just 3 minutes’ walk
away, commuting by public
transport is easy. Shopping
malls and scenic parks
nearby also add to the
exciting discoveries that
await you outside your
apartment.
PropNex International Pte Ltd takes due measures to ensure that the all information provided are as reliable as possible but will not be responsible for any wrong or inaccurate information that has been featured herein. PropNex International Pte Ltd does not make any representation, endorsement,
warranty or guarantee the completeness or accuracy of the information and materials provided above. PropNex International Pte Ltd, its parent company P&N Holdings, its staff, directors and associates shall be indemnified and will not be held liable for any direct, indirect, special or consequential
loss or damage that may arise out of or in any way connected with any error, omission, the use of or reliance on information or with the inability to use the same, whether resulting in whole or in part, from breach of contract, tortious behaviour, negligence, strict liability or otherwise.
3. A HOME AFTER YOUR OWN HEART
Choose from 266 residential units ranging from different sizes and layouts.
Whichever home you choose, well-appointed interiors and quality finishes
await.
THE NEW RETAIL AND DINING HUB
Featuring 28 retail units, The Venue Shoppes is bound to draw the crowds
with its exciting mix of boutiques, eateries and restaurants.
PropNex International Pte Ltd takes due measures to ensure that the all information provided are as reliable as possible but will not be responsible for any wrong or inaccurate information that has been featured herein. PropNex International Pte Ltd does not make any representation, endorsement,
warranty or guarantee the completeness or accuracy of the information and materials provided above. PropNex International Pte Ltd, its parent company P&N Holdings, its staff, directors and associates shall be indemnified and will not be held liable for any direct, indirect, special or consequential
loss or damage that may arise out of or in any way connected with any error, omission, the use of or reliance on information or with the inability to use the same, whether resulting in whole or in part, from breach of contract, tortious behaviour, negligence, strict liability or otherwise.
4. PropNex International Pte Ltd takes due measures to ensure that the all information provided are as reliable as possible but will not be responsible for any wrong or inaccurate information that has been featured herein. PropNex International Pte Ltd does not make any representation, endorsement,
warranty or guarantee the completeness or accuracy of the information and materials provided above. PropNex International Pte Ltd, its parent company P&N Holdings, its staff, directors and associates shall be indemnified and will not be held liable for any direct, indirect, special or consequential
loss or damage that may arise out of or in any way connected with any error, omission, the use of or reliance on information or with the inability to use the same, whether resulting in whole or in part, from breach of contract, tortious behaviour, negligence, strict liability or otherwise.
5. A SPLASH OF FUN
With the blue of the pool calling out, you will find it hard to resist a quick splash. Complete the fun with an
indulgent soak in the heated spa or let the rain shower wash away the day’s cares.
PropNex International Pte Ltd takes due measures to ensure that the all information provided are as reliable as possible but will not be responsible for any wrong or inaccurate information that has been featured herein. PropNex International Pte Ltd does not make any representation, endorsement,
warranty or guarantee the completeness or accuracy of the information and materials provided above. PropNex International Pte Ltd, its parent company P&N Holdings, its staff, directors and associates shall be indemnified and will not be held liable for any direct, indirect, special or consequential
loss or damage that may arise out of or in any way connected with any error, omission, the use of or reliance on information or with the inability to use the same, whether resulting in whole or in part, from breach of contract, tortious behaviour, negligence, strict liability or otherwise.
6. RESORT-STYLE FACILITIES FOR YOUR INDULGENCE
Lounge by the pool at the origami-inspired cabanas or sweat it out at the gymnasium at the club house to get your day started. Exclusively designed for the
residents, the facilities make every day a holiday.
PropNex International Pte Ltd takes due measures to ensure that the all information provided are as reliable as possible but will not be responsible for any wrong or inaccurate information that has been featured herein. PropNex International Pte Ltd does not make any representation, endorsement,
warranty or guarantee the completeness or accuracy of the information and materials provided above. PropNex International Pte Ltd, its parent company P&N Holdings, its staff, directors and associates shall be indemnified and will not be held liable for any direct, indirect, special or consequential
loss or damage that may arise out of or in any way connected with any error, omission, the use of or reliance on information or with the inability to use the same, whether resulting in whole or in part, from breach of contract, tortious behaviour, negligence, strict liability or otherwise.
7. REST AND REJUVENATE ALL AT ONE PLACE
Over at the club house, the gymnasium stands ready for your workout while the steam rooms offer a spot of therapy. Within the residential blocks, there
are spaces for relaxation, with sky terraces bedecked in green on various levels.
PropNex International Pte Ltd takes due measures to ensure that the all information provided are as reliable as possible but will not be responsible for any wrong or inaccurate information that has been featured herein. PropNex International Pte Ltd does not make any representation, endorsement,
warranty or guarantee the completeness or accuracy of the information and materials provided above. PropNex International Pte Ltd, its parent company P&N Holdings, its staff, directors and associates shall be indemnified and will not be held liable for any direct, indirect, special or consequential
loss or damage that may arise out of or in any way connected with any error, omission, the use of or reliance on information or with the inability to use the same, whether resulting in whole or in part, from breach of contract, tortious behaviour, negligence, strict liability or otherwise.
8. FUN-FILLED ACTIVITIES FOR THE FAMILY
The little ones will have the time of their lives at the children’s pool inset with islands of trees and the playground with its quaint touches. They can also
enjoy a game of hopscotch or do jumping jacks on the trampoline.
For the perfect gathering, plan a family dinner at the BBQ alfresco dining area by the pool or the function room at the club house.
PropNex International Pte Ltd takes due measures to ensure that the all information provided are as reliable as possible but will not be responsible for any wrong or inaccurate information that has been featured herein. PropNex International Pte Ltd does not make any representation, endorsement,
warranty or guarantee the completeness or accuracy of the information and materials provided above. PropNex International Pte Ltd, its parent company P&N Holdings, its staff, directors and associates shall be indemnified and will not be held liable for any direct, indirect, special or consequential
loss or damage that may arise out of or in any way connected with any error, omission, the use of or reliance on information or with the inability to use the same, whether resulting in whole or in part, from breach of contract, tortious behaviour, negligence, strict liability or otherwise.
9. THE NEW RETAIL AND DINING HUB
Featuring 28 retail units, The Venue Shoppes is bound to draw the crowds with its exciting mix of boutiques, eateries and restaurants.
Maps powered by Streetdirectory.com
PropNex International Pte Ltd takes due measures to ensure that the all information provided are as reliable as possible but will not be responsible for any wrong or inaccurate information that has been featured herein. PropNex International Pte Ltd does not make any representation, endorsement,
warranty or guarantee the completeness or accuracy of the information and materials provided above. PropNex International Pte Ltd, its parent company P&N Holdings, its staff, directors and associates shall be indemnified and will not be held liable for any direct, indirect, special or consequential
loss or damage that may arise out of or in any way connected with any error, omission, the use of or reliance on information or with the inability to use the same, whether resulting in whole or in part, from breach of contract, tortious behaviour, negligence, strict liability or otherwise.
10. THE PERFECT SHOWCASE FOR YOUR BUSINESS
The Venue Shoppes offers 28 retail units with sizes ranging from 28 to 121 square metres. These units are located on the ground floor with full-height glass
windows that let in natural light and add to the attractive street frontage.
The overhang above the walkway also provides shade for the shoppers.
PropNex International Pte Ltd takes due measures to ensure that the all information provided are as reliable as possible but will not be responsible for any wrong or inaccurate information that has been featured herein. PropNex International Pte Ltd does not make any representation, endorsement,
warranty or guarantee the completeness or accuracy of the information and materials provided above. PropNex International Pte Ltd, its parent company P&N Holdings, its staff, directors and associates shall be indemnified and will not be held liable for any direct, indirect, special or consequential
loss or damage that may arise out of or in any way connected with any error, omission, the use of or reliance on information or with the inability to use the same, whether resulting in whole or in part, from breach of contract, tortious behaviour, negligence, strict liability or otherwise.
11. OPEN YOUR DOOR TO NEW OPPORTUNITIES
With the surrounding areas of Potong Pasir, Macpherson, Aljunied, Paya Lebar, Tai Seng, Ubi, Kallang Way and the upcoming 11,000* homes from the
Bidadari area next door, earmarked for development into a prime residential estate. There will definitely be no lack of shoppers and diners.
*Source: SPH - The Straits Times, 30 August 2013
PropNex International Pte Ltd takes due measures to ensure that the all information provided are as reliable as possible but will not be responsible for any wrong or inaccurate information that has been featured herein. PropNex International Pte Ltd does not make any representation, endorsement,
warranty or guarantee the completeness or accuracy of the information and materials provided above. PropNex International Pte Ltd, its parent company P&N Holdings, its staff, directors and associates shall be indemnified and will not be held liable for any direct, indirect, special or consequential
loss or damage that may arise out of or in any way connected with any error, omission, the use of or reliance on information or with the inability to use the same, whether resulting in whole or in part, from breach of contract, tortious behaviour, negligence, strict liability or otherwise.
12. SHOP AND DINE AMID GREENERY
Verdant grounds and green groves create an environment that perfectly complements your retail experience.
Two specially conserved Angsana trees more than 30 years old welcome you as you enter the development. The Asoka and Saga trees also form stunning
rows of green along the walkway.
PropNex International Pte Ltd takes due measures to ensure that the all information provided are as reliable as possible but will not be responsible for any wrong or inaccurate information that has been featured herein. PropNex International Pte Ltd does not make any representation, endorsement,
warranty or guarantee the completeness or accuracy of the information and materials provided above. PropNex International Pte Ltd, its parent company P&N Holdings, its staff, directors and associates shall be indemnified and will not be held liable for any direct, indirect, special or consequential
loss or damage that may arise out of or in any way connected with any error, omission, the use of or reliance on information or with the inability to use the same, whether resulting in whole or in part, from breach of contract, tortious behaviour, negligence, strict liability or otherwise.
13. SPACE FOR ALL
Lavish finishes welcome you as you enter your home. The living and dining areas are complete with marble flooring, adding a hint of luxury in every unit.
PropNex International Pte Ltd takes due measures to ensure that the all information provided are as reliable as possible but will not be responsible for any wrong or inaccurate information that has been featured herein. PropNex International Pte Ltd does not make any representation, endorsement,
warranty or guarantee the completeness or accuracy of the information and materials provided above. PropNex International Pte Ltd, its parent company P&N Holdings, its staff, directors and associates shall be indemnified and will not be held liable for any direct, indirect, special or consequential
loss or damage that may arise out of or in any way connected with any error, omission, the use of or reliance on information or with the inability to use the same, whether resulting in whole or in part, from breach of contract, tortious behaviour, negligence, strict liability or otherwise.
14. YOUR HAVEN FOR CITY FRINGE LIVING
Be spoilt for choice with a range of units including intimate one- and two-bedroom suites, family-sized three- and four-bedroom suites, three-bedroom dual
key suites, two-bedroom + study duplexes and exquisite penthouse suites.
The master bedroom, available in every unit, makes it easy for you to tuck your worries away after a long day at work.
PropNex International Pte Ltd takes due measures to ensure that the all information provided are as reliable as possible but will not be responsible for any wrong or inaccurate information that has been featured herein. PropNex International Pte Ltd does not make any representation, endorsement,
warranty or guarantee the completeness or accuracy of the information and materials provided above. PropNex International Pte Ltd, its parent company P&N Holdings, its staff, directors and associates shall be indemnified and will not be held liable for any direct, indirect, special or consequential
loss or damage that may arise out of or in any way connected with any error, omission, the use of or reliance on information or with the inability to use the same, whether resulting in whole or in part, from breach of contract, tortious behaviour, negligence, strict liability or otherwise.
15. WELL-APPOINTED INTERIORS AND QUALITY FINISHES
Whip up a fancy feast effortlessly with the suite of branded kitchen appliances from Fisher & Paykel and Teka. Your bathroom is also a study of modern
aesthetics with elegant fittings from Duravit and Hansgrohe.
PropNex International Pte Ltd takes due measures to ensure that the all information provided are as reliable as possible but will not be responsible for any wrong or inaccurate information that has been featured herein. PropNex International Pte Ltd does not make any representation, endorsement,
warranty or guarantee the completeness or accuracy of the information and materials provided above. PropNex International Pte Ltd, its parent company P&N Holdings, its staff, directors and associates shall be indemnified and will not be held liable for any direct, indirect, special or consequential
loss or damage that may arise out of or in any way connected with any error, omission, the use of or reliance on information or with the inability to use the same, whether resulting in whole or in part, from breach of contract, tortious behaviour, negligence, strict liability or otherwise.
16. PANORAMIC VIEW
WHERE GREAT THINGS COME TOGETHER
Enjoy panoramic views of the city and the surrounding landed estate with a modern architecture that features a mix of high-rise towers and a low-rise block.
Served by key expressways and major roads, the development is just minutes from sumptuous food, quaint shops and shopping malls. You can also shop and
dine right at your doorstep with 28 units at The Venue Shoppes offering a vibrant mix of shopping and dining choices.
PropNex International Pte Ltd takes due measures to ensure that the all information provided are as reliable as possible but will not be responsible for any wrong or inaccurate information that has been featured herein. PropNex International Pte Ltd does not make any representation, endorsement,
warranty or guarantee the completeness or accuracy of the information and materials provided above. PropNex International Pte Ltd, its parent company P&N Holdings, its staff, directors and associates shall be indemnified and will not be held liable for any direct, indirect, special or consequential
loss or damage that may arise out of or in any way connected with any error, omission, the use of or reliance on information or with the inability to use the same, whether resulting in whole or in part, from breach of contract, tortious behaviour, negligence, strict liability or otherwise.
17. LOCATION MAP
Transport
• Central Expressway (CTE)
• Kallang-Paya Lebar Expressway (KPE)
• Pan Island Expressway (PIE)
• Potong Pasir MRT
Schools
• Ascension Kindergarten
• Bendemeer Primary School
• Cedar Primary School
• Cedar Girls’ Secondary School
• Maris Stella Primary/High School
• Stamford American International School
• St. Andrew’s Junior School
• St. Andrew’s Junior College
• St. Andrew’s Secondary School
Amenities
• Bendemeer Market & Food Centre
• Bidadari Park
• City Square Mall
• Macpherson Mall (Upcoming)
• NEX Shopping Mall
• Paya Lebar Square (Upcoming)
• St. Wilfred Sports Complex
• Toa Payoh Golf Range
PropNex International Pte Ltd takes due measures to ensure that the all information provided are as reliable as possible but will not be responsible for any wrong or inaccurate information that has been featured herein. PropNex International Pte Ltd does not make any representation, endorsement,
warranty or guarantee the completeness or accuracy of the information and materials provided above. PropNex International Pte Ltd, its parent company P&N Holdings, its staff, directors and associates shall be indemnified and will not be held liable for any direct, indirect, special or consequential
loss or damage that may arise out of or in any way connected with any error, omission, the use of or reliance on information or with the inability to use the same, whether resulting in whole or in part, from breach of contract, tortious behaviour, negligence, strict liability or otherwise.
18. LOCATION MAP
Maps powered by StreetDirectory.com
PropNex International Pte Ltd takes due measures to ensure that the all information provided are as reliable as possible but will not be responsible for any wrong or inaccurate information that has been featured herein. PropNex International Pte Ltd does not make any representation, endorsement,
warranty or guarantee the completeness or accuracy of the information and materials provided above. PropNex International Pte Ltd, its parent company P&N Holdings, its staff, directors and associates shall be indemnified and will not be held liable for any direct, indirect, special or consequential
loss or damage that may arise out of or in any way connected with any error, omission, the use of or reliance on information or with the inability to use the same, whether resulting in whole or in part, from breach of contract, tortious behaviour, negligence, strict liability or otherwise.
19. LOCATION MAP
Source: Google Maps
PropNex International Pte Ltd takes due measures to ensure that the all information provided are as reliable as possible but will not be responsible for any wrong or inaccurate information that has been featured herein. PropNex International Pte Ltd does not make any representation, endorsement,
warranty or guarantee the completeness or accuracy of the information and materials provided above. PropNex International Pte Ltd, its parent company P&N Holdings, its staff, directors and associates shall be indemnified and will not be held liable for any direct, indirect, special or consequential
loss or damage that may arise out of or in any way connected with any error, omission, the use of or reliance on information or with the inability to use the same, whether resulting in whole or in part, from breach of contract, tortious behaviour, negligence, strict liability or otherwise.
20. DEVELOPMENT INFORMATION
Developers
Crescent View Developments Pte Ltd
[JV among Hong Leong Holdings Ltd and CDL]
Location
Tai Thong Crescent
Project Description
PROPOSED ERECTION OF 4 BLOCKS OF 18-STOREY RESIDENTIAL FLATS (TOTAL 260
UNITS) , 1 BLOCK OF LOWRISE RESIDENTIAL FLAT (TOTAL 6 UNITS) WITH
COMMERCIAL AT 1ST STOREY (TOTAL 28 UNITS) AND 3 BASEMENT CARPARK ON
LOT 10535L MK 24 AT TAI THONG CRESCENT (TOA PAYOH PLANNING AREA)
Date of Handing Over of Vacant
Possession under the S&P
6 September 2017
Legal Completion
6 September 2020
Tenure
99 years leasehold w.e.f 5 Dec 2012
Site Area
Approx 8,200.3 sqm/ 88,268 sqft
No. of Units
Residential 266 units
Retail 28 units
No. of Carpark Lots
Total number of car park lots: approx. 402
- 30 lots for Retail owners (B1)
- 80 lots for Visitors and Public (B1,hourly parking)
- Approx 292 lots Residential (B1,B2,B3)
- 7 Handicap lots
PropNex International Pte Ltd takes due measures to ensure that the all information provided are as reliable as possible but will not be responsible for any wrong or inaccurate information that has been featured herein. PropNex International Pte Ltd does not make any representation, endorsement,
warranty or guarantee the completeness or accuracy of the information and materials provided above. PropNex International Pte Ltd, its parent company P&N Holdings, its staff, directors and associates shall be indemnified and will not be held liable for any direct, indirect, special or consequential
loss or damage that may arise out of or in any way connected with any error, omission, the use of or reliance on information or with the inability to use the same, whether resulting in whole or in part, from breach of contract, tortious behaviour, negligence, strict liability or otherwise.
21. SITE PLAN - RESIDENTIAL
LEGEND
1. Infinity Pool
2. Origami Boat Sculpture
3. Origami Cabanas
4. Champaka Grove
5. Daybed Lounge
6. Spa
7. Heated Spa
8. Rain Shower
9. Kids' Pool
10. Palm Islands
11. Leaf Garden
12. Fern Garden
13. Vintage Lounge
14. Hammock Lounge
15. Club House
- Function Room
- Gymnasium
- Changing & Steam Rooms
16. BBQ Alfresco Dining
17. Kids' Playground
- Trampoline
- Hopscotch
- Play Net
18. Meditation Patio
19. Yoga Patio
20. Reading Patio
21. Foot Reflexology Patio
22. Rocking Cabanas
23. Sky Terraces
- Reading Garden (Blk 6, Level 5)
- Meditation Garden (Blk 8, Level 12)
- Yoga Garden(Blk 12, Level 5)
- Relaxation Garden (Blk 14, Level 12)
PropNex International Pte Ltd takes due measures to ensure that the all information provided are as reliable as possible but will not be responsible for any wrong or inaccurate information that has been featured herein. PropNex International Pte Ltd does not make any representation, endorsement,
warranty or guarantee the completeness or accuracy of the information and materials provided above. PropNex International Pte Ltd, its parent company P&N Holdings, its staff, directors and associates shall be indemnified and will not be held liable for any direct, indirect, special or consequential
loss or damage that may arise out of or in any way connected with any error, omission, the use of or reliance on information or with the inability to use the same, whether resulting in whole or in part, from breach of contract, tortious behaviour, negligence, strict liability or otherwise.
22. STOREY KEY PLANS
PropNex International Pte Ltd takes due measures to ensure that the all information provided are as reliable as possible but will not be responsible for any wrong or inaccurate information that has been featured herein. PropNex International Pte Ltd does not make any representation, endorsement,
warranty or guarantee the completeness or accuracy of the information and materials provided above. PropNex International Pte Ltd, its parent company P&N Holdings, its staff, directors and associates shall be indemnified and will not be held liable for any direct, indirect, special or consequential
loss or damage that may arise out of or in any way connected with any error, omission, the use of or reliance on information or with the inability to use the same, whether resulting in whole or in part, from breach of contract, tortious behaviour, negligence, strict liability or otherwise.
23. STOREY KEY PLANS
PropNex International Pte Ltd takes due measures to ensure that the all information provided are as reliable as possible but will not be responsible for any wrong or inaccurate information that has been featured herein. PropNex International Pte Ltd does not make any representation, endorsement,
warranty or guarantee the completeness or accuracy of the information and materials provided above. PropNex International Pte Ltd, its parent company P&N Holdings, its staff, directors and associates shall be indemnified and will not be held liable for any direct, indirect, special or consequential
loss or damage that may arise out of or in any way connected with any error, omission, the use of or reliance on information or with the inability to use the same, whether resulting in whole or in part, from breach of contract, tortious behaviour, negligence, strict liability or otherwise.
24. STOREY KEY PLANS
PropNex International Pte Ltd takes due measures to ensure that the all information provided are as reliable as possible but will not be responsible for any wrong or inaccurate information that has been featured herein. PropNex International Pte Ltd does not make any representation, endorsement,
warranty or guarantee the completeness or accuracy of the information and materials provided above. PropNex International Pte Ltd, its parent company P&N Holdings, its staff, directors and associates shall be indemnified and will not be held liable for any direct, indirect, special or consequential
loss or damage that may arise out of or in any way connected with any error, omission, the use of or reliance on information or with the inability to use the same, whether resulting in whole or in part, from breach of contract, tortious behaviour, negligence, strict liability or otherwise.
25. STOREY KEY PLANS
PropNex International Pte Ltd takes due measures to ensure that the all information provided are as reliable as possible but will not be responsible for any wrong or inaccurate information that has been featured herein. PropNex International Pte Ltd does not make any representation, endorsement,
warranty or guarantee the completeness or accuracy of the information and materials provided above. PropNex International Pte Ltd, its parent company P&N Holdings, its staff, directors and associates shall be indemnified and will not be held liable for any direct, indirect, special or consequential
loss or damage that may arise out of or in any way connected with any error, omission, the use of or reliance on information or with the inability to use the same, whether resulting in whole or in part, from breach of contract, tortious behaviour, negligence, strict liability or otherwise.
26. SITE PLAN - COMMERCIAL
LEGEND
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
Guard House
Residences Arrival
3. Shoppes Arrival
Cascading Water Wall
Landscape Pool
Forest Walk
Angsana Plaza
Garden Cort
Angsana Alcove
Saga Grove
Asoka Grove
Pedestrian Access
Restaurants / F&B
Shops
PropNex International Pte Ltd takes due measures to ensure that the all information provided are as reliable as possible but will not be responsible for any wrong or inaccurate information that has been featured herein. PropNex International Pte Ltd does not make any representation, endorsement,
warranty or guarantee the completeness or accuracy of the information and materials provided above. PropNex International Pte Ltd, its parent company P&N Holdings, its staff, directors and associates shall be indemnified and will not be held liable for any direct, indirect, special or consequential
loss or damage that may arise out of or in any way connected with any error, omission, the use of or reliance on information or with the inability to use the same, whether resulting in whole or in part, from breach of contract, tortious behaviour, negligence, strict liability or otherwise.
27. DEVELOPER TRACK RECORD
PropNex International Pte Ltd takes due measures to ensure that the all information provided are as reliable as possible but will not be responsible for any wrong or inaccurate information that has been featured herein. PropNex International Pte Ltd does not make any representation, endorsement,
warranty or guarantee the completeness or accuracy of the information and materials provided above. PropNex International Pte Ltd, its parent company P&N Holdings, its staff, directors and associates shall be indemnified and will not be held liable for any direct, indirect, special or consequential
loss or damage that may arise out of or in any way connected with any error, omission, the use of or reliance on information or with the inability to use the same, whether resulting in whole or in part, from breach of contract, tortious behaviour, negligence, strict liability or otherwise.
28. DEVELOPER TRACK RECORD
PropNex International Pte Ltd takes due measures to ensure that the all information provided are as reliable as possible but will not be responsible for any wrong or inaccurate information that has been featured herein. PropNex International Pte Ltd does not make any representation, endorsement,
warranty or guarantee the completeness or accuracy of the information and materials provided above. PropNex International Pte Ltd, its parent company P&N Holdings, its staff, directors and associates shall be indemnified and will not be held liable for any direct, indirect, special or consequential
loss or damage that may arise out of or in any way connected with any error, omission, the use of or reliance on information or with the inability to use the same, whether resulting in whole or in part, from breach of contract, tortious behaviour, negligence, strict liability or otherwise.
29. TRANSPORT
The continued expansion of the MRT network will increase connectivity and cut journey
times. The Thomson Line (TSL), which will be opened in phases starting from 2019, will link key
areas in the North East such as Lentor and Mayflower with the CBD. The extension of the North
East Line to Punggol North will be completed by 2030. Coupled with the addition of more
trains, this will improve the accessibility of new growth areas and reduce peak-hour waiting
times.
The Cross Island Line (CRL), which will also commence operations around 2030, will connect
many areas in the North East, including Ang Mo Kio and Punggol, to the eastern and western
parts of Singapore
The Circle Line Stage 6 (CCL6), which will be completed by 2025, will close the Circle Line loop
by allowing direct journeys between Harbourfront and Marina Bay stations.
Source: URA Masterplan 2013
PropNex International Pte Ltd takes due measures to ensure that the all information provided are as reliable as possible but will not be responsible for any wrong or inaccurate information that has been featured herein. PropNex International Pte Ltd does not make any representation, endorsement,
warranty or guarantee the completeness or accuracy of the information and materials provided above. PropNex International Pte Ltd, its parent company P&N Holdings, its staff, directors and associates shall be indemnified and will not be held liable for any direct, indirect, special or consequential
loss or damage that may arise out of or in any way connected with any error, omission, the use of or reliance on information or with the inability to use the same, whether resulting in whole or in part, from breach of contract, tortious behaviour, negligence, strict liability or otherwise.
30. TRANSPORT
Serangoon Sub-Regional Centre
New commercial developments will be added to the Serangoon Sub-Regional Centre, providing
businesses with alternative locations for office space outside the city. With this, residents in
the North-East can expect better access to employment opportunities and more amenities.
Artist's impression of Serangoon Sub-Regional
Centre
Source: URA Masterplan 2013
PropNex International Pte Ltd takes due measures to ensure that the all information provided are as reliable as possible but will not be responsible for any wrong or inaccurate information that has been featured herein. PropNex International Pte Ltd does not make any representation, endorsement,
warranty or guarantee the completeness or accuracy of the information and materials provided above. PropNex International Pte Ltd, its parent company P&N Holdings, its staff, directors and associates shall be indemnified and will not be held liable for any direct, indirect, special or consequential
loss or damage that may arise out of or in any way connected with any error, omission, the use of or reliance on information or with the inability to use the same, whether resulting in whole or in part, from breach of contract, tortious behaviour, negligence, strict liability or otherwise.
31. TRANSPORT
PropNex International Pte Ltd takes due measures to ensure that the all information provided are as reliable as possible but will not be responsible for any wrong or inaccurate information that has been featured herein. PropNex International Pte Ltd does not make any representation, endorsement,
warranty or guarantee the completeness or accuracy of the information and materials provided above. PropNex International Pte Ltd, its parent company P&N Holdings, its staff, directors and associates shall be indemnified and will not be held liable for any direct, indirect, special or consequential
loss or damage that may arise out of or in any way connected with any error, omission, the use of or reliance on information or with the inability to use the same, whether resulting in whole or in part, from breach of contract, tortious behaviour, negligence, strict liability or otherwise.
32. MORE GREENS
New Neighbourhood Parks
To give residents more convenient access to local parks, new neighbourhood parks will be
introduced in areas such as Hougang, Sengkang East and Jalan Kayu.The future Serangoon
North Linear Park will be extended on Ang Mo Kio Avenue 5 and the future Teacher’s Estate
Park near Lentor Drive will provide new and interesting green spaces for residents.
New Waterfront Green Spaces
Catering to Singaporeans’ love for waterfront activities, Lorong Halus Park will be planned to
capitalise on its location next to Sungei Serangoon. In Hougang, canals and waterways,
including Sungei Pinang, will be transformed through PUB’s ABC Waters Programme into
attractive new recreation venues that will also provide seamless connections to local parks.
Source: URA Masterplan 2013
PropNex International Pte Ltd takes due measures to ensure that the all information provided are as reliable as possible but will not be responsible for any wrong or inaccurate information that has been featured herein. PropNex International Pte Ltd does not make any representation, endorsement,
warranty or guarantee the completeness or accuracy of the information and materials provided above. PropNex International Pte Ltd, its parent company P&N Holdings, its staff, directors and associates shall be indemnified and will not be held liable for any direct, indirect, special or consequential
loss or damage that may arise out of or in any way connected with any error, omission, the use of or reliance on information or with the inability to use the same, whether resulting in whole or in part, from breach of contract, tortious behaviour, negligence, strict liability or otherwise.
33. CMA
Sant Ritz Residence
Ave $1437psf for last
5transactions
Sennett Residences
Ave $1493psf for last
5transactions
8@Woodleigh
Ave $1357psf for last
5transactions
(TOP2012, at $858psf in 2010)
Kovan Melody
Ave $1178psf for last
5transactions
(TOP 2006, Dist 19)
The Venue Residences
Ave $1477psf for last
5transactions
Source: Streetsine
PropNex International Pte Ltd takes due measures to ensure that the all information provided are as reliable as possible but will not be responsible for any wrong or inaccurate information that has been featured herein. PropNex International Pte Ltd does not make any representation, endorsement,
warranty or guarantee the completeness or accuracy of the information and materials provided above. PropNex International Pte Ltd, its parent company P&N Holdings, its staff, directors and associates shall be indemnified and will not be held liable for any direct, indirect, special or consequential
loss or damage that may arise out of or in any way connected with any error, omission, the use of or reliance on information or with the inability to use the same, whether resulting in whole or in part, from breach of contract, tortious behaviour, negligence, strict liability or otherwise.
56. Fact Sheet
Project Name
The Venue Residences and Shoppes
Developer
Crescent View Developments Pte Ltd
[JV among Hong Leong Holdings Ltd and CDL]
General Description
PROPOSED ERECTION OF 4 BLOCKS OF 18-STOREY RESIDENTIAL
FLATS (TOTAL 260 UNITS) , 1 BLOCK OF LOWRISE RESIDENTIAL FLAT
(TOTAL 6 UNITS) WITH COMMERCIAL AT 1ST STOREY (TOTAL 28
UNITS) AND 3 BASEMENT CARPARK ON LOT 10535L MK 24 AT TAI
THONG CRESCENT (TOA PAYOH PLANNING AREA)
Address
Commercial Block
Blk 2 Tai Thong Crescent, Singapore 347836
Apartment Block
Blk 6 Tai Thong Crescent, Singapore 347840
Blk 8 Tai Thong Cresent, Singapore 347842
Blk 10 Tai Thong Crescent, Singapore 347844
Blk 14 Tai Thong Crescent, Singapore 347848
Mixed Development
Tai Thong Crescent
Residential 266 units
Retail 28 units
Approx 8,200.3 sqm/ 88,268 sqft
99 years leasehold w.e.f 5 Dec 2012
LOT 10535L MK 24
6 September 2017
6 September 2020
Status
Location
Total no. of units
Land Size
Tenure of land
Lot No.:
Date of Legal TOP
Date of Legal Completion
Project Account
DBS Bank Ltd for Project Account No. 003-700112-0 of Crescent View
Developments Pte. Ltd.
Telegraphic Transfer
Information
Bank: DBS Bank Ltd, Singapore
SWIFT code: DBSSSGSG
For account of: Crescent View Developments Pte. Ltd. – Tai Thong
Crescent Account No.: 003-700112-0
Message: Block, unit number and name of purchase
No of carpark
This account is the same for the sales proceeds for both retail
(including GST) and residential component.
Total number of car park lots: approx. 402
- 30 lots for Retail owners (B1)
- 80 lots for Visitors and Public (B1,hourly parking)
- Approx 292 lots Residential (B1,B2,B3)
- 7 Handicap lots
PropNex Realty Pte Ltd takes due measures to ensure that the all information provided are as reliable as possible but will not be responsible for any wrong or inaccurate information that has been featured herein. PropNex Realty Pte Ltd does not
make any representation, endorsement, warranty or guarantee the completeness or accuracy of the information and materials provided above. PropNex Realty Pte Ltd, its parent company P&N Holdings, its staff, directors and associates shall be
indemnified and will not be held liable for any direct, indirect, special or consequential loss or damage that may arise out of or in any way connected with any error, omission, the use of or reliance on information or with the inability to use the
same, whether resulting in whole or in part, from breach of contract, tortious behaviour, negligence, strict liability or otherwise.
57. Description
Approx. Ceiling Height
Entrance Foyer
Private Terrace
Est. 2.40m
Est 2.85m -2.90m
Living/Dining (Typical &
Terrace)
Living/Dining (PH)
Est 2.85m - 2.925m
Living/Dining (Type BD)
Est 2.90m
Bedrooms
Est 2.85m - 2.925m
Bathrooms
Est 2.40m
Corridor to Bedrooms
Est 2.40m
Dry Kitchen
Est 2.85m - 2.90m
Kitchen/Wet Kitchen
Est 2.40m
Shops
Est 4.0m
Restaurants
Est 4.0m
Est. 5.85 - 5.90m
Consultants
Architect
Aedas Pte Ltd
Project Interior Design
Suying Metropolitan Pte Ltd
Show Suite ID
Suying Metropolitan Pte Ltd
Landscape Consultant
Salad Dressing Pte Ltd
M&E Engineer
UPC Pte Ltd
C&S Engineer
Meinhardt Pte Ltd
Solicitor
Lee & Lee
PropNex Realty Pte Ltd takes due measures to ensure that the all information provided are as reliable as possible but will not be responsible for any wrong or inaccurate information that has been featured herein. PropNex Realty Pte Ltd does not
make any representation, endorsement, warranty or guarantee the completeness or accuracy of the information and materials provided above. PropNex Realty Pte Ltd, its parent company P&N Holdings, its staff, directors and associates shall be
indemnified and will not be held liable for any direct, indirect, special or consequential loss or damage that may arise out of or in any way connected with any error, omission, the use of or reliance on information or with the inability to use the
same, whether resulting in whole or in part, from breach of contract, tortious behaviour, negligence, strict liability or otherwise.
58. Facilities:
Level1
Level 2
-
-
-
Guard House
Residences Arrival
Shoppes Arrival
Cascading Water Wall
Landscape Pool
Forest Walk
Angsana Plaza
Garden Court
Angsana Alcove
Saga Grove
Asoka Grove
Infinity Pool
Origami Boat Sculpture
Origami Cabanas
Champaka Grove
Daybed Lounge
Spa
Heated Spa
Rain Shower
Kids' Pool
Palm Islands
Leaf Garden
Fern Garden
Vintage Lounge
Hammock Lounge
Club House
• Function Room
• Gymnasium
• Changing & Steam Rooms
BBQ Alfresco Dining
Kids' Playground
• Trampoline
• Hopscotch
• Play Net
Meditation Patio
Yoga Patio
Reading Patio
Foot Reflexology Patio
Rocking Cabanas
Sky Terraces
• Reading Garden (Blk 6, Level 5)
• Meditation Garden (Blk 8, Level 12)
• Yoga Garden(Blk 12, Level 5)
• Relaxation Garden (Blk 14, Level 12)
PropNex Realty Pte Ltd takes due measures to ensure that the all information provided are as reliable as possible but will not be responsible for any wrong or inaccurate information that has been featured herein. PropNex Realty Pte Ltd does not
make any representation, endorsement, warranty or guarantee the completeness or accuracy of the information and materials provided above. PropNex Realty Pte Ltd, its parent company P&N Holdings, its staff, directors and associates shall be
indemnified and will not be held liable for any direct, indirect, special or consequential loss or damage that may arise out of or in any way connected with any error, omission, the use of or reliance on information or with the inability to use the
same, whether resulting in whole or in part, from breach of contract, tortious behaviour, negligence, strict liability or otherwise.
59. Major Unique Selling Points
Investment potential
Mixed-use development – Residential and retail units
Excellent connectivity around Singapore
Highly sought after city fringe location
Minutes away from CBD and Orchard Road
Up-coming mall across the road
Proximity to established schools such as St Andrews’s Village, Cedar Pri Sch and Stamford
American International Sch
Expats from international schools
Up-coming town at Biddadari
Redevelopment potential due to the removal of height restriction with the relocation of
Paya Lebar Airbase
Good human traffic for retail owners
The development enjoys good flow of human traffic being near to MRT and surrounded by
large number of offices, residential areas and schools
Residential : Potong Pasir HDB and Private, Landed Estate, Geylang Bahru HDB Estate, St
Michael Private estates and upcoming Biddadari with 11,000 new homes
Offices: Industrial area along Macpherson, Ministry of Manpower Service Center, Simens
Center etc.
Schools: St Andrews village, Cedar Girls Primary and Secondary, Stamford International
School etc.
Architecture Design
The concept of ‘Urban Fun and Retro Chic’, vintage collections of retro furniture or outdoor
elements such as signage gives such nostalgic memory but yet lively and fun with urban activity
merge with plants to generate greenery space in the city area as a ‘green urban oasis’ where is a fun
urban lifestyle fused with nature.
•
•
•
•
•
•
Universal Design.
Retro charm in modern material and aesthetic.
Harness intimate sense of scale and revitalizes village street ambience.
The layout is planned to maximize the vistas towards city views facing South and low rise
unobstructed views towards North and Northeast.
Penthouses located at the topmost level to enjoy the views towards city and low rise
residential area.
Main Residential blocks are located at 2nd level and above
PropNex Realty Pte Ltd takes due measures to ensure that the all information provided are as reliable as possible but will not be responsible for any wrong or inaccurate information that has been featured herein. PropNex Realty Pte Ltd does not
make any representation, endorsement, warranty or guarantee the completeness or accuracy of the information and materials provided above. PropNex Realty Pte Ltd, its parent company P&N Holdings, its staff, directors and associates shall be
indemnified and will not be held liable for any direct, indirect, special or consequential loss or damage that may arise out of or in any way connected with any error, omission, the use of or reliance on information or with the inability to use the
same, whether resulting in whole or in part, from breach of contract, tortious behaviour, negligence, strict liability or otherwise.
60. Primary Schools
~DRIVE
~DRIVE
~LINEAR
St Andrew's Junior School
~1.2KM
~3mins
~0.5KM
Bendemeer Primary School
~1.3KM
~3mins
~1.0KM
Cedar Girls Primary School
~1.7KM
~5mins
~1.1KM
Cannosa Convent Primary School
~2.1KM
~4mins
~1.4KM
Macpherson Primary School
~2.2KM
~4mins
~1.5KM
Hong Wen Primary School
~2.5KM
~6mins
~1.6KM
Maris Stella High School
~3.0KM
~7mins
~1.8KM
First Toa Payoh Primary School
~3.9KM
~6mins
~1.9KM
Secondary Schools
~DRIVE
~DRIVE
St Andrew's Secondary School
~1.1KM
~3mins
Cedar Girl's Secondary
~1.4KM
~4mins
Bendemeer Secondary School
~1.8KM
~4mins
First Toa Payoh Secondary School
~2.7KM
~5mins
St Gabriel's Secondary School
~3.2KM
~6mins
Maris Stella High School
~3.0KM
~7mins
Zhonghua Secondary School
~3.5KM
~7mins
Tertiary Schools
~DRIVE
~DRIVE
St Andrew's Junior College
~2.0KM
~5mins
Catholic Junior College
~4.4KM
~6mins
Nanyang Junior College
~3.9KM
~7mins
Raffles Institution
~4.4KM
~7mins
Raffles Junior College
~4.4KM
~7mins
Serangoon Junior College
~5.6KM
~9mins
Nanyang Polytechnic
~8.6KM
~11mins
International Schools
~DRIVE
~DRIVE
Stamford American International
School
~1.6KM
~4mins
Australian International School
~4.0KM
~7mins
PropNex Realty Pte Ltd takes due measures to ensure that the all information provided are as reliable as possible but will not be responsible for any wrong or inaccurate information that has been featured herein. PropNex Realty Pte Ltd does not
make any representation, endorsement, warranty or guarantee the completeness or accuracy of the information and materials provided above. PropNex Realty Pte Ltd, its parent company P&N Holdings, its staff, directors and associates shall be
indemnified and will not be held liable for any direct, indirect, special or consequential loss or damage that may arise out of or in any way connected with any error, omission, the use of or reliance on information or with the inability to use the
same, whether resulting in whole or in part, from breach of contract, tortious behaviour, negligence, strict liability or otherwise.
61. Supermarket
~DRIVE
~DRIVE
Shop N Save (Kim Keat Avenue)
~2.6KM
~5mins
24 Hour NTUC Xtra (NEX)
~3.5KM
~6mins
Sheng Siong Supermarket (McNair
Rd)
~2.5KM
~6mins
NTUC Fairprice (Toa Payoh Lor 4)
~3.1KM
~6mins
NTUC Fairprice (Kallang Bahru)
~4.3KM
~9mins
Shopping Centre
~DRIVE
~DRIVE
NEX Shopping Mall
~3.5KM
~6mins
City Square Mall
2.8KM
~6mins
Recreation
~DRIVE
~DRIVE
SAFRA Toa Payoh
~1.9KM
~3mins
St Wilfred Sports Complex
~1.9KM
~4mins
Toa Payoh Golf Range
~2.9KM
~6mins
Source: Google Map
Measurements taken from: The Venue Residences & Shoppes, 6 Tai Thong Crescent
Person-in-charge
Jason Koh (Team Leader)
Peter Lim (2ND IC)
Emmeline Chi
Lau Bee Yue (Wendy)
Rachel Chew
Cheong Loo Lim
Kelly Ho
Contact No.:
81000888
90625826
98804784
83992647
94565107
98321686
90082666
PropNex Realty Pte Ltd takes due measures to ensure that the all information provided are as reliable as possible but will not be responsible for any wrong or inaccurate information that has been featured herein. PropNex Realty Pte Ltd does not
make any representation, endorsement, warranty or guarantee the completeness or accuracy of the information and materials provided above. PropNex Realty Pte Ltd, its parent company P&N Holdings, its staff, directors and associates shall be
indemnified and will not be held liable for any direct, indirect, special or consequential loss or damage that may arise out of or in any way connected with any error, omission, the use of or reliance on information or with the inability to use the
same, whether resulting in whole or in part, from breach of contract, tortious behaviour, negligence, strict liability or otherwise.
62.
63.
64. New Macpherson Mall coming up at Windsor
The retail units will be located from Basement 1 to Level 3 of the property.
The existing hotel, on levels 4-9, will also undergo a revamp. Its room count
will rise from 225 to 300, with some rooms to be subdivided.
A swimming pool will be added to the hotel. Its facade will undergo a full
makeover, the entrance revamped and all mechanical and engineering
equipment replaced.
A major retrofitting of the existing hotel and commercial podium is slated to
begin in the first quarter of next year, after the last lease in the commercial
podium expires in January.
Macpherson Mall will have 80-plus retail units, 34 per cent of which
will be for F&B outlets and the rest for shops. The hotel on levels 4-9
will also be revamped.
Kalpana Rashiwala
The Business Times
Sunday, Sep 08, 2013
SINGAPORE - The consortium comprising Nobel Design, Lian Huat Group and
2E Capital, which bought the freehold Hotel Windsor in the MacPherson area
last year, is converting the hotel's office-retail podium into a strata retail
development for sale.
There will be 80-plus retail units at the new Macpherson Mall, 34 per cent of
which will be for use as food and beverage (F&B) outlets and the rest for use
as shops. Indicative prices will range from $3,500 to $6,000 per square foot
for the retail units, which will have sizes of between 260 sq ft and 3,000 sq ft.
Absolute prices are expected to start from $1.4 million for a 355-sq-ft shop.
The majority of units will be between 550 sq ft and 800 sq ft. There will be six
"loft-in-shop" units at the ground level.
The sales gallery will open this weekend with sales expected to begin towards
the end of this month.
The hotel and podium will be shut for the revamp, which is expected to last
15 months. Talks are underway to appoint an international chain to manage
the hotel, which is located at the corner of Aljunied and MacPherson roads.
As the only one in the MacPherson vicinity, Macpherson Mall will enhance
the area's appeal in addition to providing the hotel's guests as well as nearby
residents a selection of retail attractions, according to a statement from
LVND Investments, the joint-venture company that owns the development.
LVND said the property is about 2.3km from Paya Lebar Airbase, which will
be relocated to Changi after 2030; this will result in the removal of height
restrictions and pave the way for new developments in the area.
It is also a short distance from Bidadari New Town. The future Mattar MRT
Station on the Downtown Line is about 600 metres away.
Jeremy Lake, executive director of CBRE, said Macpherson Mall's proximity
to Paya Lebar Airbase and Bidadari New Town will be a game-changer for
the location and certainly improve the popularity of the area.
"Also, one should not underestimate the attraction of the freehold tenure.
Whereas some strata commercial projects tend to draw a high percentage of
buyers with a short-term outlook, this project should be appealing to both
long and short-term investors in addition to some endusers," he said.
The mall and hotel project has been designed by AD Lab Pte Ltd.
Source: http://news.asiaone.com/news/singapore/new-macpherson-mall-coming-hotel-windsor?page=0%2C0
65.
66.
67. MAS Notice 645 Total Debt Servicing Ratio &
MAS Notice 632 Residential Property Loan
With effect from 29 June 2013, Saturday
(Condensed presentation deck for external parties)
1
68. Highlights of new measures effective 29 June 2013
1.
Consider monthly repayments of new loan and all other debts.
2.
Applies to property loans for Singapore & overseas residential/nonresidential properties, to individuals or entities set up solely to purchase
property;
3.
Total debt servicing ratio (TDSR) is capped at 60%.
4.
Calculate new loan repayments using min 3.5% for residential property
loans;
5.
All borrowers to be mortgagors (OTP on or after 29 Jun 13);
6.
Guarantors to be co-borrowers;
7.
For joint borrowings, the income-weighted average age of borrowers to
be used;
8.
Haircut of at least 30% on variable income & rental; and
9.
Haircut on the value of financial assets if used in calculating income.
2
69. Applications of MAS Notice 645 & MAS Notice 632
Notice 645
Notice 632
Total Debt Servicing Ratio
Exclusion
Application
TDSR for loan eligibility
•
•
•
•
•
Residential Property Loan
LTV, tenor, income-weighted average age,
borrower to be mortgagor
Properties in Singapore & overseas
Residential, commercial, industrial
(including land, construction loan)
Individuals & entities set up specifically
to purchase properties
•
•
Singapore residential properties
Individuals and entities purchasing
properties.
Bridging Loan up to 6 months
Credit facility secured by pool of
collateral including property where the
market value of the subject property is <
50% of the pool of collateral
•
Credit facility granted by a bank to a
Property Developer to purchase
residential property for development.
3
70. Instalment
on subject
loan
3.5% for HL
Existing:
Statement
Instalment
(Single)
Apportion to
income
contribution
for existing
joint debts
(evidence of
joint’s income)
Min
Payment in
latest stmt
or interest on
full limit
Outstanding
in latest stmt
or interest on
full credit limit
Existing
Instalment
(Joint)
Credit Card
Secured
Revolving
(unsecured
revolving)
20% of
credit
facilities
(including
corporate)
Guarantor
Excluded MI of existing
property if buying HDB/EC
from developer
• 1st resi pty to be sold
• No o/s facility on any pty except
HL on 1st pty to be sold
• No other pty singly or jointly
HDB or
EC fr Dev
Total Debt Servicing Ratio for PHL & HDB
Fixed
Variable
100% monthly
income
exclude
employer CPF
70% average
last 12 months
exc. employer
CPF; OR
70% NOA
divided by 12
Fixed +
Variable
100% Fixed +
70% Variable
OR
100% NOA
divided by 12
Rental
≤ 60%
Assets
(unpledged)
70% if borrower
% deduction on
is the landlord.
value divide 48
Submit stamped
tenancy agreement % Deduction Pledge ≥ 4yr
for subject loan
with min 6 months
Unpledged /
Pledge < 4 yr
SGD Deposit
0%
70%
Non Pty Asset
30%
70%
71. Subject loan:
Interest at 3.5% for
residential loan
Existing Pty Loans:
Instalment in
statement
Apportion to income
contribution of
existing Property
Loan (evidence of joint
borrower’s income)
Existing
Instalment
(Joint)
Instalment
(Single)
Exclude instalment on
existing HDB if
• 1 residential pty to be sold
• No o/s facility on any pty
except HL on pty to be sold
• No other pty singly or jointly
HDB Refinancing
exc from MSR 30% cap
• OTP prior 12 Jan 13
• Only property
• Occupied by borrower
• No facility on other pty
HDB
Purchase
≤ 30%
Mortgage Servicing Ratio for HDB
Fixed
Variable
100% monthly
income
exclude
employer CPF
70% average
last 12 months
exc. employer
CPF; OR
70% NOA
divided by 12
Fixed +
Variable
100% Fixed +
70% Variable
OR
100% NOA
divided by 12
Rental
Assets
(unpledged)
70% if borrower
% deduction on
is the landlord.
value divide 48
Submit stamped
tenancy agreement % Deduction Pledge ≥ 4yr
for subject loan
with min 6 months
Unpledged /
Pledge < 4 yr
SGD Deposit
0%
70%
Non Pty Asset
30%
70%
72. Applications of MAS Notice 645 & MAS Notice 632
Notice 645
Notice 632
Total Debt Servicing Ratio
Exclusion
Application
TDSR for loan eligibility
•
•
•
•
•
Residential Property Loan
LTV, tenor, income-weighted average
age, borrower to be mortgagor
Properties in Singapore & overseas
Residential, commercial, industrial
(including land, construction loan)
Individuals & entities set up specifically
to purchase properties
•
•
Singapore residential properties
Individuals and entities purchasing
properties.
Bridging Loan up to 6 months
Credit facility secured by pool of
collateral including property where the
market value of the subject property is <
50% of the pool of collateral
•
Credit facility granted by a bank to a
Property Developer to purchase
residential property for development.
6
73. Income weighted average age (IWAA) is computed for joint
borrowings in order to determine tenure (guided by MAS 632)
Income of Younger Borrower >
Income of Older Borrower
Income of Younger Borrower <
Income of Older Borrower
Outcome
IWAA is lower
Loan tenure is longer
IWAA is higher
Loan tenure is shorter
IncomeWeighted
Average Age
(IWAA)
A age 30 earns $7,000 pm
B age 50 earns $3,000 pm
A age 30 earns $3,000 pm
B age 50 earns $7,000 pm
IWAA = (30 x $7K) + (50 x $3K)
$7K + $3K
= 36 years
IWAA = (30 x $3K) + (50 x $7K)
$3K + $7K
= 44 years
Loan Tenure
Max Tenure = 35 yrs (60% LTV)
Max Tenure = 31 Years (60% LTV)
Tenure for 80% LTV = 29 yrs
Tenure for 80% LTV = 21 years
Please refer to MAS
632 LTV chart
(next slide)
Max age of 75 years less IWAA, capped
at 35 years. As 75 – 36 = 39 is higher
than cap, max is 35 years
Tenure ≤ 30 years & < age 65 on
maturity, i.e. tenure is 65 - 36 = 29 years
Max age of 75 years less IWAA, capped
at 35 years. As 75 – 44 = 31 is lower than
cap, max is 31 years
Tenure ≤ 30 years & < age 65 on
maturity, i.e. tenure is 65 - 44 = 21 years
7
74. Loan-To-Value for Bank’s HDB Loan & Private Home Loan
Subject
Property
No of Home
Loans (including
Private Property with effect from 12 Jan 13
HDB wef 28 Aug 13
Only 1 HDB
Loan
1st Private HL
2nd Home Loan
3rd Home Loan
this application)
Tenure
(Years)
Tenure + Age
(extend past
retirement age 65)
LoanTo-Value
Cash
Down Payment
≤ 25
> 25
to 30
≤ 30
> 30
to 35
≤ 30
> 30
to 35
≤ 30
> 30
to 35
≤ 65
> 65
≤ 65
> 65
≤ 65
> 65
≤ 65
> 65
80%
60%
80%
60%
50%
30%
40%
20%
5%
10%
5%
10%
25%
25%
25%
25%
Note: LTV for corporate entities is 20%
4
75. Every $100K loan or $125K house price requires $750 monthly
income (max 80% LTV for 30 years tenure)
House Price
Loan Amount
Monthly Income
$
125,000
$
100,000
$
$
750,000
$
600,000
$
1,000,000
$
800,000
Every $
$100K loan
+$750 income
$
1,250,000
$
1,500,000
750
4,500
$
6,000
$ 1,000,000
$
7,500
$ 1,200,000
$
9,000
9
76. $1000 debt requires additional $1,670 monthly income to
support the commitment. Every $100K deposits will reduce
monthly income required by $625.
House Price
Loan Amount
Monthly
Income
(30 Yrs)
Monthly
Income with
$1000 Debt
Monthly Income
with $1K Debt +
$100K Deposits*
$125,000
$100,000
$750
$2,420
$1,795
$750,000
$600,000
$4,500
$6,160
$5,535
$1,000,000
$800,000
$6,000
$7,660
$7,035
$1,250,000
$1,000,000
$7,500
$9,160
$8,535
$1,500,000
$1,200,000
$9,000
$10,650
$10,025
* Deposits placed with a Singapore Bank and must show evidence of funds prior to the first loan drawdown
(latest bank statement prior to solicitor’s advice to drawdown)
10
77. Illustration No 1: For a first time private property buyer with
average household income of $10K and no debts, the buyer can
afford property priced 8% lower than before the TDSR rules.
Before
After
Household Income (S$)
10,000
10,000
Max monthly repayment with 60% TDSR
6,000
6,000
2.80%
3.50%
30
30
Max loan amount on $6K monthly repayment
1,460,225
1,336,165
Max 1st property value
1,825,285
1,670,210 (-8%)
1st Property Buyer, Max LTV 80%
Interest rate
Tenure (years)
11
78. Illustration No 2: For a 2nd time property buyer with an existing
home loan, the max property price he can afford is 8% less than
prior to the new rules
Household Income (S$)
Max monthly repayment with 60% TDSR
Before
10,000
6,000
After
10,000
6,000
Existing Home Loan
Loan Amount
Interest Rate
Tenure (years)
Monthly Repayment
800,000
1.30%
30
2,685
800,000
1.30%
30
2,685
2.80%
30
806,816
1,613,631
3.50%
30
738,270
1,476,539 (-8%)
2nd Property Buyer, Max LTV 50%
Interest rate
Tenure (years)
Max loan amount with existing HL $800K HL
Max 2nd property value
12
79. Disclaimer
The information provided herein is intended for general information and discussion purposes only. It does not
take into account the specific investment objectives, financial situation or particular needs of any particular
person.
Without prejudice to the generality of the foregoing, please seek advice from an independent financial and legal
adviser regarding the information provided herein taking into account your specific objectives, financial situation
or particular needs before you make a commitment to purchase any property and/or borrow from any entity or
institution to finance the purchase of the property. This does not constitute an offer or solicitation to provide loan
or financing to any particular person or to enter into a transaction.
No representation or warranty whatsoever (including without limitation any representation or warranty as to
accuracy, usefulness, adequacy, timeliness or completeness) in respect of any information (including without
limitation any statement, figures, opinion, view or estimate) provided herein is given by OCBC Bank and it should
not be relied upon as such. OCBC Bank does not undertake an obligation to update the information or to correct
any inaccuracy that may become apparent at a later time. All information presented is subject to change without
notice. OCBC Bank shall not be responsible or liable for any loss or damage whatsoever arising directly or
indirectly howsoever in connection with or as a result of any person acting on any information provided herein.
The information provided herein may contain projections or other forward looking statement regarding future
events or future performance of countries, assets or markets. Actual events or results may differ materially. Past
performance figures are not necessarily indicative of future or likely performance. Any reference to any specific
entity, authority, area, figures, property or asset class in whatever way is used for illustrative purposes only and
does not constitute a recommendation on the same.
This presentation and its contents are considered proprietary information and may not be reproduced or
disseminated in whole or in part without OCBC Bank’s written consent.
13
80. Conversion Table
Tenure (1) Loan Amount
(Years) per $1 of Income
35
34
33
32
31
30
29
28
27
26
25
24
23
22
21
20
19
18
17
16
15
14
13
12
11
10
9
8
7
6
5
145.175
143.020
140.790
138.480
136.090
133.615
131.050
128.395
125.645
122.795
119.850
116.795
113.630
110.355
106.965
103.455
99.815
96.050
92.150
88.110
83.925
79.595
75.110
70.465
65.655
60.675
55.515
50.175
44.640
38.910
32.980
(2) Loan Amount per $1
(3) Loan Amount per $1
of Fixed Deposit
of Monthly Instalment
(unpledged)
0.905
0.890
0.875
0.865
0.850
0.835
0.815
0.800
0.785
0.765
0.745
0.725
0.710
0.685
0.665
0.645
0.620
0.600
0.575
0.550
0.520
0.495
0.465
0.440
0.410
0.375
0.345
0.310
0.275
0.240
0.205
(7) Income Required
per $1 of Debt
1.67
Co.Reg.No: 193200032W
(4) Income Required
per $1,000 of Loan
Amount
(5) Monthly Instalment
per $1,000 of Loan
Amount
241.95
238.35
234.65
230.80
226.80
222.65
218.40
213.95
209.40
204.65
199.75
194.65
189.35
183.90
178.25
172.40
166.35
160.05
153.55
146.85
139.85
132.65
125.15
117.40
109.40
101.10
92.50
83.60
74.40
64.85
54.95
6.890
6.995
7.105
7.225
7.350
7.485
7.635
7.790
7.960
8.145
8.345
8.565
8.805
9.065
9.350
9.670
10.020
10.415
10.855
11.350
11.915
12.565
13.315
14.195
15.235
16.485
18.015
19.935
22.400
25.700
30.320
4.135
4.200
4.265
4.335
4.410
4.495
4.580
4.675
4.780
4.890
5.010
5.140
5.285
5.440
5.610
5.800
6.015
6.250
6.515
6.810
7.150
7.540
7.990
8.515
9.140
9.890
10.810
11.960
13.440
15.420
18.195
(8) Fixed Deposit
(unpledged) required
per $1 of Debt
267
(9) Fixed Deposit
equivalent per $1 of
Income
160
(10) Income per $1 of
Fixed Deposit
0.00625
(6) Fixed Deposit
(unpledged) Required
per $1,000 of Loan
Amount
1102.15
1118.75
1136.45
1155.40
1175.70
1197.50
1220.90
1246.15
1273.45
1302.95
1335.00
1369.95
1408.05
1449.85
1495.80
1546.60
1602.95
1665.80
1736.30
1815.90
1906.40
2010.10
2130.15
2270.55
2436.90
2637.00
2882.00
3188.85
3584.00
4111.60
4851.15
Factors
1. Income -> Loan
e.g. $5,000 Income, 30 Yr Tenure
5000 x 133.60 = $668,000 Loan Amount
2. Fixed Deposit -> Loan
e.g. $100,000 FD, 30 Yr Tenure
100000 x 0.835 = $83,500 Loan Amount
3. Instalment -> Loan
e.g. $4,133 Monthly Instalment, 35 Yr Tenure
4133 x 241.95 = $1,000,000 Loan Amount
4. Loan -> Income
e.g. $1,000,000 Loan, 30 Yr Tenure
1000 x 7.485 = $7,485 Monthly Income required
5. Loan -> Instalment
e.g. $1,000,000 loan, 30 Yr Tenure
1000 x 4.495 = $4,495 Monthly Instalment
6. Loan -> Fixed Deposit
e.g. $200,000 Loan, 35 Yr Tenure
200 x 1102.15 = $220,430 Fixed Deposit Req.
7. Debt -> Income
e.g. $1,000 Debt
1000 x 1.67 = $1,670 Monthly Income Req.
8. Debt -> Fixed Deposit
e.g. $1,000 Debt
1000 x 267 = $267,000 Fixed Deposit Req.
9. Income -> Fixed Deposit
e.g. $1,000 Income
1000 x 160 = $160,000 Fixed Deposit Req.
10. Fixed Deposit -> Income
e.g. $1,000 Fixed Deposit
1000 x 0.00625 = $6.25 Monthly Income Req.
81. Converting Income To Loan Amount
Example
Step 1 - Loan Tenure
Step 1 - Loan Tenure
Step 2 - How To Service Monthly Debt
Income Required per
$1 of Debt
Mr. A can take 30 years loan tenure.
Step 2 - How To Service Monthly Debt
Fixed Deposit
Required per $1 of
Debt
His monthly debt = $3,000
$1,000 (Use Fixed
Deposits)
$2,000 (Use Income)
1.67
267
Table 1 - How much Income/Fixed Deposits to service Debt
Using Table 1,
Step 3 - How To Determine Income & Fixed Deposit
Income required to service $2,000 debt,
Available Income = Total Income - Income to Service Debt
Available Fixed Deposit = Total Fixed Deposit - Fixed Deposit to Service Debt
$2,000 x 1.67 = $3,340
Fixed Deposits required to service $1,000 debt,
$1,000 x 267 = $267,000
Step 4 - How To Determine Loan Amount
Step 3 - How To Determine Income & Fixed Deposit
Tenure (Years)
Loan Amount per $1
of Income
35
34
33
32
31
30
29
28
27
26
25
24
23
22
21
20
Loan Amount per $1
of Fixed Deposit
Tenure (Years)
Loan Amount per $1
of Income
145.175
0.905
19
143.020
0.890
18
140.790
0.875
17
138.480
0.865
16
136.090
0.850
15
133.615
0.835
14
131.050
0.815
13
128.395
0.800
12
125.645
0.785
11
122.795
0.765
10
119.850
0.745
9
116.795
0.725
8
113.630
0.710
7
110.355
0.685
6
106.965
0.665
5
103.455
0.645
Table 2 - How much Loan can be taken per dollar of Income/Fixed Deposits
99.815
96.050
92.150
88.110
83.925
79.595
75.110
70.465
65.655
60.675
55.515
50.175
44.640
38.910
32.980
Loan Amount per $1
of Fixed Deposit
0.620
0.600
0.575
0.550
0.520
0.495
0.465
0.440
0.410
0.375
0.345
0.310
0.275
0.240
0.205
His Income = $5,000
$3,340 (To service Debt)
$1,660 (Available)
His Fixed Deposits = $350,000
$267,000 (To service Debt)
$83,000 (Available)
Step 4 - How To Determine Loan Amount
From Table 2, 30 Years Tenure,
Loan Amount per $1 of Income = 133.615
Loan Amount per $1 of Fixed Deposit = 0.835
Loan Amount from Available Income,
$1,660 x 133.615 = $221,800
Loan Amount from Available Fixed Deposits,
$83,000 x 0.835 = $69,305
Total Loan Amount that can be taken,
$221,800 + $69,305 = $291,105
Co.Reg.No: 193200032W
82. Converting Loan To Income
Example
Step 1 - Loan Tenure
Step 1 - Loan Tenure
Mr. B can take 35 years loan tenure.
Step 2 - How To Service Loan Amount
Step 2 - How To Service Loan Amount
Step 3 - How To Service Monthly Debt
He wants to take $1,000,000 Loan.
Income Required per Fixed Deposit Req.
Tenure
$1,000 of Loan
per $1,000 of Loan
(Years)
35
6.890
1102.15
34
6.995
1118.75
33
7.105
1136.45
32
7.225
1155.40
31
7.350
1175.70
30
7.485
1197.50
29
7.635
1220.90
28
7.790
1246.15
27
7.960
1273.45
26
8.145
1302.95
25
8.345
1335.00
24
8.565
1369.95
23
8.805
1408.05
22
9.065
1449.85
21
9.350
1495.80
20
9.670
1546.60
19
10.020
1602.95
18
10.415
1665.80
17
10.855
1736.30
16
11.350
1815.90
15
11.915
1906.40
14
12.565
2010.10
13
13.315
2130.15
12
14.195
2270.55
11
15.235
2436.90
10
16.485
2637.00
9
18.015
2882.00
8
19.935
3188.85
7
22.400
3584.00
6
25.700
4111.60
5
30.320
4851.15
Table 1 - Converting Income/Fixed Deposits to Loan Amount
Fixed Deposit
Required per $1 of
Debt
1.67
267
Table 2 - Converting Income to Fixed Deposits
& Vice Versa.
Income Required per
$1 of Debt
Fixed Deposit per $1
Income per $1 of
of Income
Fixed Deposit
160
0.00625
Table 3 - Converting Income to Fixed Deposits
& Vice Versa.
From Table 1, 35 Years Tenure
Income Required per $1,000 of Loan = 6.890
Fixed Deposit Required per $1,000 of Loan = 1102.15
He wants to service $800,000 Loan using Monthly Income.
Monthly Income Required,
800 x 6.890 = $5,512
He wants to service remaining $200,000 using Fixed Deposits
Fixed Deposits Required,
200 x 1102.15 = $220,430
Step 3 - How To Service Monthly Debt
His monthly debt = $3,000
$2,000 (Use Income)
$1,000 (Use Fixed
Deposits)
Using Table 2,
Income required to service $2,000 debt,
$2,000 x 1.67 = $3,340
Fixed Deposits required to service $1,000 debt,
$1,000 x 267 = $267,000
Total Income Required = $5,512 + $3,340 = $8,852
Total Fixed Deposits Required = $220,430 + $267,000 = $487,430
He only has $400,000 worth of Fixed Deposits.
$487,430 - $400,000 = $87,430
Short of $87,430 of Fixed Deposits
Use Table 3,
Additional Income Required,
$87,430 x 0.00625 = $547
Final Income Required = $8,852 + $547 = $9,399
Fixed Deposits = $400,000
Co.Reg.No: 193200032W
97. BUYER
Name(1):
NRIC NO.
Name(2):
NRIC NO
Correspondence Address:
Contact Number:
(H)
(HP)
(O)
Solicitor’s Name & Address (if applicable):
Attention to:
Contact No.:
Special Instructions:
Agent’s Signature &
Date:
FOR OFFICE USE
CSO
Page 2 of 2
OTP Form
Comm Agrmt
Co-broke Agrmt
Booking Form
Pink Form FIN-FM-13.00 11/12/09
98.
99. BUYER
Name(1):
NRIC NO.
Name(2):
NRIC NO
Correspondence Address:
Contact Number:
(H)
(HP)
(O)
Solicitor’s Name & Address (if applicable):
Attention to:
Contact No.:
Special Instructions:
Agent’s Signature &
Date:
FOR OFFICE USE
CSO
Page 2 of 2
OTP Form
Comm Agrmt
Co-broke Agrmt
Booking Form
Pink Form FIN-FM-13.00 11/12/09