Belgravia Villas Potential Upside

Appreciation

Cluster housings are usually sell-out projects! Most good units are sold during the Preview, and usually only based on floor plans, at times, 3D models, e.g. Este Villa.

As our population grows and landed house supply slowly decrease, landed properties will be increasingly rare, and will be treasured by Singaporeans, and desired by foreigners. Price is also increasing at an incredible pace.

With more measures and limitations, landed living is slowly becoming exclusive to fewer and fewer Singaporeans. This not only will encourage more Singaporeans to start considering cluster houses such as Belgravia Villas, PRs may also consider application to LDUA to just own one.

Cluster houses usually offer a much lower psf compared to landed properties and some private condominiums. With excellent potential in capital appreciation, there is only chance to appreciate.  Take example: Este Villa (just beside Belgravia Villas) was selling at approx $600psf, and just merely 1 year later, it sold at approx $700psf, at least $335,000 gain in 1 year! (refer to chart below)

Rental

As mentioned previously, cluster houses usually fetch a relatively high rental yield as compared to landed properties. A rental yield of 4-5% is sometimes possible for some of the new cluster housing like Belgravia Villas, as opposed to about 3% or less for some landed properties.

To attract buyers, cluster house developers adopted exclusivity and innovative designs e.g. private lifts. With these additions, each unit is estimated to be able to fetch more in rental pricing. Belgravia Villas is one such cluster house that comes with a private lift.

The price for cluster houses is also expected to move in tandem with the landed properties in the vicinity, which has the potential to climb.

Expatriate employees who are not entirely sure about their financial future may hesitate to put all their money into a fancy big house. So, renting a new landed property or cluster house will be their choice consideration. They still get to enjoy a big, luxurious house (which they used to in their homeland) without committing a long term liability for it. After a tenant stay for a considerable time in the new landed property, he might request to buy it.

Continuous Demand

Almost all cluster housing projects till date have received strong buying interest largely because they offer a landed-like living environment. Belgravia Villas has also received tremendous expression of interest.

The idea of staying in landed properties is highly desired in Singapore. Imagine, for relaxation, the individualized jacuzzis in the enclosed decks of your home offer this private paradise at doorstep. Extended family gatherings and functions becomes so easy with cluster living. Belgravia Villas comes with a jacuzzi and spacious roof terrace which is great for family gatherings. (refer to Belgravia Villas floor plans)

Cluster housing projects will continue to gain prominence, especially for those which are well conceptualized as they are priced a notch lower than pure landed homes, and yet offers the luxury of quaint, individualistic ‘landed’ living feel.