PARK WEST RELOCATION OPTIONS

Transcription

1 PARK WEST RELOCATION OPTIONS

2 Planning the next step Estimated Timeline to Receive Sale Proceeds Buyers Checklist What are our Relocation Options? How long it takes for relocation? Who can help us with the relocation?

3 Scenario 1 No Objections ESTIMATED TIMELINE STB Application Deadline to file objection Sale Order Legal Completion Delivery of Possession 14/2/2018 7/3/ /3/ /6/ /12/2018 To file an application with Strata Titles Board (STB) File objection, if any If no objection To receive the Sale Proceeds less 5% retention sum; or 100% of the Gross Sale Proceeds if vacant possession is delivered upon Legal Completion To receive the balance 5% of the Gross Sale Proceeds upon handover 21 days 7 days 3 months 6 months STB Application Legal Completion Vacant Possession Liquidated $5,000 per day per strata lot for delay in delivery of possession, if any

4 Scenario 2 Objections Filed at STB ESTIMATED TIMELINE STB Application Deadline to file objection STB 1 st Hearing STB 2 nd Hearing Sale Order Legal Completion Delivery of Possession 14/2/2018 7/3/2018 2/5/2018 6/6/ /6/ /9/ /3/2019 To file an application with Strata Titles Board (STB) File objection, if any Objection filed To receive the Sale Proceeds less 5% retention sum; or 100% of the Gross Sale Proceeds if vacant possession is delivered upon Legal Completion To receive the balance 5% of the Gross Sale Proceeds upon handover 21 days 8 weeks 5 weeks 2 weeks 3 months 6 months STB Application Legal Completion Vacant Possession Liquidated $5,000 per day per strata lot for delay in delivery of possession, if any

5 Buyers Checklist 1. Budget Purchase Price Renovation Buyer s Stamp Duty, ABSD Other Costs like Legal Fees for Conveyancing, Agent Fees (for HDB Resale Flat), etc Mortgage Loan 2. Type of Housing Private Condominium, HDB Resale Flat, Landed Property

6 Buyers Checklist 3. Location Proximity to schools or work place Proximity to amenities like supermarkets, hawker centres, parks, etc Proximity to public transport like MRT station, bus stops Easy access to expressways Other must have 4. Property Tenure Freehold, 99-year leasehold Size and number of bedrooms Age of property new (< 10 years old), older properties (> 10 years old) Facilities eg. Swimming pool, gym, tennis court, etc Layout eg. big living room, enclosed kitchen, balcony, view, etc Others eg. Handicapped friendly, sufficient carparking

7 Relocation Options Private Condo Landed Property HDB Resale Flat Move in with Family Members

8 PRIVATE CONDOMINIUM

9 Project Name Address Tenure TOP Year Age of Condo No of Bedrooms Size(sqft) Asking / Starting from / Guide Price PSF D5 - BUONA VISTA / WEST COAST / CLEMENTI (PTE CONDOMINIUM) The Clement Canopy Clementi Ave 1 99-yr Br (last 3 units) 657 $1,123,000 $1,709 3 Br 990 $1,396,000 $1,410 3Br + G 1,109 $1,566,000 $1,412 4 Br 1,346 $1,923,000 $1,429 The Trilinq 28 Jalan Lempang 99-yr Br 538 $896,000 $1,665 2 Br 1,109 $1,368,000 $1,234 3 Br 1,346 $1,555,000 $1,155 4 Br 1,518 $1,722,000 $1,134 The Vision West Coast Crescent 99-yr Br 818 $1,100,000 $1,345 2 Br 904 $1,149,000 $1,271 3 Br 1,302 $1,500,000 $1,152 3 Br 1,313 $1,800,000 $1,371 4 Br 1,604 $1,850,000 $1,153 Hundred Trees West Coast Drive 999-yr Br 485 $760,000 $1,567 2 Br 915 $1,180,000 $1,290 3 Br 1,163 $1,500,000 $1,290 4 Br 1,475 $2,000,000 $1,356 The Parc Condominium 1-15 West Coast Walk Freehold Br 980 $1,380,000 $1,408 3 Br 1,216 $1,620,000 $1,332 3 Br 1,292 $1,748,000 $1,353 4 Br 1,421 $1,989,400 $1,400 ClementiWoods Condominium West Coast Road 99-yr Br 560 $800,000 $1,429 4 Br 1,625 $1,750,000 $1,077 Blue Horizon West Coast Crescent 99-yr Br 926 $950,000 $1,026 2 Br 958 $1,020,000 $1,065 3 Br 1,151 $1,250,000 $1,086 * Listings as of 23 January 2018

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12 LANDED PROPERTY

13 Project Address Tenure TOP Year Age of Property Type No of Bedrooms Land Size (sqft) Built-Up Size(sqft) Asking Price Land Price PSF D5 - BUONA VISTA / WEST COAST / CLEMENTI (LANDED) NEWest 1 West Coast Drive 999-yr Cluster House 4 2,519 $2,280,000 $905 Westside 33 33B West Coast Road Freehold Cluster House 4 2,509 $2,198,000 $876 The Clementvale Mas Kuning Terrace 99-yr Inter-Terrace 5 2,046 2,450 $1,950,000 $953 Corner-Terrace 5 2,619 3,213 $2,350,000 $897 Sungrove West Coast Grove 99-yr Semi-Detached (Cluster) 5 5,200 7,100 $2,900,000 $408 Pasir Panjang Gardens Taman Mas Merah Freehold Terrace 3 1,671 2,482 $3,000,000 $1,209 Corner-Terrace 4 3,000 2,480 $2,800,000 $933 West Coast Lane 999-yr Corner-Terrace (Renovated) 3 2,400 2,890 $3,500,000 $1,211 * Listings as of 23 January 2018

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16 HDB RESALE FLAT

17 Clementi Executive Flat Last 30 Transactions for HDB Clementi 5-Room Flat No Address Property Type Size Transacted Price PSF Contract Date Clementi Ave 6 Level 10 to 12 HDB Exec 150 sqm $820K $508 Jan Clementi Street 13 #02-XX HDB Exec 147 sqm $870K $550 Dec Clementi West Street 2 #10-XX HDB Exec 150 sqm $795K $492 Nov Clementi Avenue 6 #04-XX HDB Exec 150 sqm $825K $511 Nov Clementi Street 13 #10-XX HDB Exec 149 sqm $888K $554 Sep Clementi St 13 Level 10 to 12 HDB Exec 147 sqm $850K $537 Sep Clementi Avenue 6 #02-XX HDB Exec 144 sqm $755K $487 Sep Clementi Avenue 6 #14-XX HDB Exec 147 sqm $870K $550 Sep Clementi Street 13 #12-XX HDB Exec 147 sqm $830K $525 Aug Clementi Avenue 6 #10-XX HDB Exec 150 sqm $770K $477 Aug Clementi Avenue 6 #03-XX HDB Exec 149 sqm $772K $481 Aug Clementi Street 13 #12-28 HDB Exec 147 sqm $888K $561 Jul Clementi Street 13 #10-88 HDB Exec 151 sqm $827K $509 Apr Clementi Street 13 #02-64 HDB Exec 149 sqm $770K $480 Mar Clementi St 13 Level 10 to 12 HDB Exec 161 sqm $930K $537 Mar Clementi Street 13 #12-62 HDB Exec 149 sqm $885K $552 Dec Clementi Avenue 6 #01-41 HDB Exec 154 sqm $750K $452 Oct Clementi Street 13 #04-82 HDB Exec 147 sqm $865K $547 Oct Clementi Avenue 3 # HDB Exec 162 sqm $960K $550 Sep Clementi Street 13 #12-48 HDB Exec 163 sqm $908K $517 Sep Clementi Street 13 #10-56 HDB Exec 149 sqm $880K $549 Aug Clementi St 13 Level 10 to 12 HDB Exec 146 sqm $880K $560 Aug Clementi Avenue 2 # HDB JB 163 sqm $790K $450 Jul Clementi West Street 2 # HDB Exec 160 sqm $760K $441 Jun Clementi Avenue 6 #01-13 HDB Exec 154 sqm $700K $422 May Clementi Street 13 #08-66 HDB Exec 147 sqm $910K $575 May Clementi Avenue 6 #10-33 HDB Exec 150 sqm $838K $519 May Clementi Ave 6 Level 1 to 3 HDB Exec 155 sqm $769K $462 May Clementi Avenue 6 #03-27 HDB Exec 148 sqm $705K $443 Apr Clementi Ave 6 Level 7 to 9 HDB Exec 154 sqm $840K $507 Mar-16 No Address Property Type Size Transacted Price PSF Contract Date Clementi West St 1 Level 1 to 3 HDB 5 Rm 119 sqm $522K $407 Jan Commonwealth Avenue West #07-XX HDB 5 Rm 125 sqm $585K $ Dec Clementi Avenue 2 #10-XX HDB 5 Rm 119 sqm $700K $546 Dec A Clementi Avenue 3 #21-XX HDB 5 Rm 119 sqm $870K $679 Dec Clementi Ave 3 Level 13 to 15 HDB 5 Rm 110 sqm $770K $650 Nov Clementi Avenue 2 #04-XX HDB 5 Rm 119 sqm $650K $507 Nov Clementi Avenue 2 #10-XX HDB 5 Rm 117 sqm $650K $516 Nov Clementi Ave 1 Level 7 to 9 HDB 5 Rm 117 sqm $800K $635 Oct Clementi Avenue 1 #18-XX HDB 5 Rm 113 sqm $810K $666 Oct Clementi West Street 1 #14-XX HDB 5 Rm 119 sqm $578K $451 Oct Clementi Street 14 #09-XX HDB 5 Rm 126 sqm $738K $544 Oct Clementi Avenue 1 #29-XX HDB 5 Rm 118 sqm $898K $707 Sep Clementi Avenue 3 #08-XX HDB 5 Rm 110 sqm $740K $625 Sep Clementi Avenue 2 #03-XX HDB 5 Rm 119 sqm $618K $482 Aug Clementi Avenue 3 #06-XX HDB 5 Rm 110 sqm $718K $606 Aug Clementi West Street 1 #07-48 HDB 5 Rm 119 sqm $545K $425 Jul Clementi Street 14 # HDB 5 Rm 121 sqm $677K $520 Jun Clementi Avenue 1 # HDB 5 Rm 113 sqm $835K $687 Jun Clementi Avenue 2 #24-42 HDB 5 Rm 119 sqm $738K $576 May Clementi Avenue 2 #06-44 HDB 5 Rm 119 sqm $675K $527 May Clementi Avenue 1 # HDB 5 Rm 113 sqm $803K $660 May Clementi Avenue 6 #05-11 HDB 5 Rm 127 sqm $670K $490 May Clementi Avenue 1 # HDB 5 Rm 117 sqm $888K $705 May Clementi Avenue 3 # HDB 5 Rm 110 sqm $815K $688 May Clementi Avenue 2 #25-48 HDB 5 Rm 119 sqm $755K $589 Apr Clementi Ave 3 Level 22 to 24 HDB 5 Rm 110 sqm $783K $661 Apr A Clementi Avenue 3 #39-07 HDB 5 Rm 119 sqm $1 040K $812 Apr A Clementi Ave 3 Level 34 to 36 HDB 5 Rm 119 sqm $1 020K $796 Apr Clementi Avenue 3 # HDB 5 Rm 110 sqm $680K $574 Mar Clementi Ave 2 Level 16 to 18 HDB 5 Rm 119 sqm $718K $560 Mar-17

18 Jurong East Executive Flat Last 30 Transactions for HDB Jurong East 5-Room Flat No Address Property Type Size Transacted Price PSF Contract Date 1 287D Jurong East Street 21 #12-XX HDB Exec 145 sqm $860K $551 Jan Jurong East Avenue 1 #12-XX HDB Exec 149 sqm $555K $346 Dec C Toh Guan Rd Level 13 to 15 HDB Exec 143 sqm $780K $507 Dec Jurong East Street 21 #04-XX HDB Exec 148 sqm $600K $377 Dec C Jurong East Street 21 #12-XX HDB Exec 144 sqm $860K $ Nov Jurong East Avenue 1 #03-XX HDB Exec 147 sqm $540K $341 Nov D Toh Guan Road #17-XX HDB Exec 140 sqm $794K $527 Nov Teban Gardens Road #10-XX HDB Exec 146 sqm $600K $382 Nov A Toh Guan Road #21-XX HDB Exec 140 sqm $788K $523 Nov D Toh Guan Road #18-XX HDB Exec 140 sqm $810K $537 Oct Jurong East Avenue 1 #04-XX HDB Exec 149 sqm $601K $375 Oct Jurong East Avenue 1 #08-XX HDB Exec 147 sqm $540K $341 Sep C Jurong East Street 21 #08-XX HDB Exec 144 sqm $722K $466 Sep Jurong East St 31 Level 4 to 6 HDB Exec 149 sqm $697K $435 Aug C Jurong East Street 21 #09-XX HDB Exec 144 sqm $806K $520 Aug Jurong East Street 31 #06-XX HDB Exec 149 sqm $688K $429 Aug B Jurong East Street 21 #15-XX HDB Exec 144 sqm $760K $490 Aug C Jurong East Street 21 # HDB Exec 140 sqm $770K $511 Jul C Toh Guan Road #12-80 HDB Exec 145 sqm $792K $507 Jul A Jurong East Street 31 # HDB Exec 149 sqm $630K $393 Jun A Jurong East St 21 Level 1 to 3 HDB Exec 173 sqm $720K $387 Jun C Toh Guan Rd Level 13 to 15 HDB Exec 145 sqm $900K $577 Jun A Toh Guan Road #05-58 HDB Exec 144 sqm $750K $484 Jun Jurong East Avenue 1 # HDB Exec 149 sqm $610K $380 Jun Jurong East Avenue 1 # HDB Exec 149 sqm $628K $392 Jun Jurong East Street 31 # HDB Exec 141 sqm $625K $412 Jun Teban Gardens Road # HDB Exec 142 sqm $639K $418 Jun Jurong East Avenue 1 # HDB Exec 147 sqm $575K $363 May D Toh Guan Rd Level 1 to 3 HDB Exec 144 sqm $680K $439 Apr D Jurong East St 21 Level 7 to 9 HDB Exec 145 sqm $858K $550 Apr-17 No Address Property Type Size Transacted Price PSF Contract Date Pandan Gardens #04-XX HDB 5 Rm 104 sqm $365K $326 Jan D Toh Guan Road #02-XX HDB 5 Rm 123 sqm $535K $404 Jan Jurong East St 21 Level 13 to 15 HDB 5 Rm 120 sqm $565K $437 Jan Jurong East St 13 Level 4 to 6 HDB 5 Rm 120 sqm $558K $432 Jan Jurong East Street 21 #05-XX HDB 5 Rm 120 sqm $485K $ Dec Pandan Gardens #03-XX HDB 5 Rm 114 sqm $350K $285 Dec Jurong East St 21 Level 4 to 6 HDB 5 Rm 121 sqm $525K $403 Dec Toh Guan Rd Level 4 to 6 HDB 5 Rm 120 sqm $559K $433 Dec Jurong East St 21 Level 7 to 9 HDB 5 Rm 120 sqm $533K $413 Dec Jurong East St 21 Level 22 to 24 HDB 5 Rm 120 sqm $755K $584 Dec Toh Guan Rd Level 7 to 9 HDB 5 Rm 120 sqm $600K $464 Dec Pandan Gdns Level 4 to 6 HDB 5 Rm 114 sqm $365K $297 Dec Toh Guan Road #06-XX HDB 5 Rm 121 sqm $600K $461 Dec Jurong East Street 24 #10-XX HDB 5 Rm 121 sqm $500K $384 Dec Jurong East Street 32 #13-XX HDB 5 Rm $540K 29-Nov Jurong East Street 24 #11-XX HDB 5 Rm $275K 11-Nov Jurong East Street 21 #20-XX HDB 5 Rm 120 sqm $603K $467 Nov Jurong East Street 31 #03-XX HDB 5 Rm 121 sqm $465K $357 Nov Toh Guan Road #12-XX HDB 5 Rm 121 sqm $608K $467 Nov Pandan Gardens #09-XX HDB 5 Rm 114 sqm $375K $306 Nov Jurong East Street 13 #02-XX HDB 5 Rm 120 sqm $515K $399 Nov Pandan Gardens #06-XX HDB 5 Rm 104 sqm $355K $317 Nov Jurong East Street 21 #02-XX HDB 5 Rm 120 sqm $475K $368 Nov Jurong East Street 13 #22-XX HDB 5 Rm 120 sqm $670K $519 Nov D Jurong East St 21 Level 10 to 12 HDB 5 Rm 123 sqm $650K $491 Nov Jurong East Street 32 #12-XX HDB 5 Rm 135 sqm $517K $356 Nov Jurong East Street 24 #10-XX HDB 5 Rm 121 sqm $528K $406 Nov Jurong East St 21 Level 10 to 12 HDB 5 Rm 121 sqm $530K $407 Nov Jurong East Street 24 #02-XX HDB 5 Rm 121 sqm $398K $306 Oct Toh Guan Rd Level 19 to 21 HDB 5 Rm 121 sqm $652K $501 Oct-17

19 Queenstown Executive Flat Last 30 Transactions for HDB Queenstown 5-Room Flat No Address Property Type Size Transacted Price PSF Contract Date Mei Ling Street #05-XX HDB Exec 146 sqm $968K $616 Jan Mei Ling St Level 7 to 9 HDB Exec 146 sqm $958K $609 Oct Mei Ling Street #07-XX HDB Exec 155 sqm $968K $580 Sep Mei Ling Street # HDB Exec 150 sqm $860K $533 Jul Mei Ling Street # HDB Exec 156 sqm $1 160K $691 Jul Mei Ling St Level 7 to 9 HDB Exec 146 sqm $945K $601 Jul Mei Ling Street #07-85 HDB Exec 153 sqm $997K $605 Jun Mei Ling Street # HDB Exec 156 sqm $925K $551 Mar Mei Ling Street #17-47 HDB Exec 150 sqm $930K $576 Feb Mei Ling Street # HDB Exec 146 sqm $935K $595 Oct Mei Ling Street # HDB Exec 150 sqm $990K $613 Sep Mei Ling Street #03-91 HDB Exec 144 sqm $862K $556 Aug Mei Ling Street #08-59 HDB Exec 146 sqm $960K $611 Jul Mei Ling Street #04-67 HDB Exec 153 sqm $998K $606 Dec Dover Crescent # HDB Exec 146 sqm $800K $509 Aug Mei Ling Street #03-85 HDB Exec 153 sqm $930K $565 Jun Mei Ling Street #08-73 HDB Exec 150 sqm $980K $607 Aug Queens Close # HDB Exec $900K 11-Nov Mei Ling Street #16-73 HDB Exec 150 sqm $1 000K $619 Jul Mei Ling St Level 6 to 10 HDB Exec 153 sqm $900K $546 Jun Mei Ling Street #18-49 HDB Exec 146 sqm $895K $569 May Mei Ling Street # HDB Exec 157 sqm $900K $533 Jan Mei Ling Street #04-53 HDB Exec 147 sqm $835K $528 Dec Mei Ling Street #08-51 HDB Exec 147 sqm $865K $547 Nov Stirling Road # HDB Exec $580K 3-Oct Mei Ling Street # HDB Exec 147 sqm $793K $501 Jul Mei Ling Street # HDB Exec 149 sqm $840K $524 Jun Mei Ling Street #08-69 HDB Exec 142 sqm $855K $560 May Mei Ling Street #04-59 HDB Exec 146 sqm $825K $525 Apr Mei Ling Street #02-49 HDB Exec 146 sqm $778K $495 Apr-11 No Address Property Type Size Transacted Price PSF Contract Date 1 23 Ghim Moh Link #33-XX HDB 5 Rm 113 sqm $950K $781 Jan Holland Dr Level 10 to 12 HDB 5 Rm 117 sqm $720K $572 Jan Ghim Moh Road #05-XX HDB 5 Rm 117 sqm $700K $556 Jan Dover Rd Level 4 to 6 HDB 5 Rm 147 sqm $849K $537 Jan C'wealth Ave West Level 7 to 9 HDB 5 Rm 125 sqm $585K $435 Dec Ghim Moh Rd Level 16 to 18 HDB 5 Rm 119 sqm $815K $636 Dec Dover Crescent #04-XX HDB 5 Rm 134 sqm $738K $512 Dec Clarence Lane #07-XX HDB 5 Rm 122 sqm $860K $655 Dec Holland Drive #22-XX HDB 5 Rm 147 sqm $988K $625 Dec Strathmore Avenue #08-XX HDB 5 Rm 110 sqm $735K $ Nov Mei Ling Street #02-XX HDB 5 Rm 136 sqm $826K $564 Nov Commonwealth Drive #39-XX HDB 5 Rm 117 sqm $1 038K $824 Nov Ghim Moh Road #03-XX HDB 5 Rm 119 sqm $705K $550 Nov Ghim Moh Rd Level 10 to 12 HDB 5 Rm 125 sqm $760K $565 Nov Holland Drive #17-XX HDB 5 Rm 117 sqm $740K $588 Nov Ghim Moh Road #19-XX HDB 5 Rm 117 sqm $818K $650 Nov C Holland Drive #37-XX HDB 5 Rm 117 sqm $945K $751 Nov Stirling Rd Level 7 to 9 HDB 5 Rm 115 sqm $824K $666 Nov Queens Close #13-XX HDB 5 Rm 125 sqm $688K $512 Oct Commonwealth Drive #40-XX HDB 5 Rm 117 sqm $1 035K $822 Oct Ghim Moh Link #40-XX HDB 5 Rm 113 sqm $988K $813 Oct D Holland Drive #06-XX HDB 5 Rm 117 sqm $875K $695 Oct Strathmore Avenue #23-XX HDB 5 Rm 110 sqm $860K $726 Oct Holland Close #10-XX HDB 5 Rm 125 sqm $920K $684 Oct Ghim Moh Link Level 19 to 21 HDB 5 Rm 113 sqm $960K $789 Sep Mei Ling St Level 4 to 6 HDB 5 Rm 122 sqm $780K $594 Sep Holland Drive #18-XX HDB 5 Rm 114 sqm $800K $652 Sep Holland Drive #09-XX HDB 5 Rm 117 sqm $735K $584 Sep Holland Drive #18-XX HDB 5 Rm 117 sqm $825K $655 Sep Holland Dr Level 16 to 18 HDB 5 Rm 147 sqm $888K $561 Sep-17

20 How long it takes for relocation? Viewing of Properties (2 to 4 weeks) Finalise Selection Put 1% Option Money Exercise Option Pay 4% (2 weeks from Option Date) 16 to 24 weeks or 4 to 6 months Renovation (4 to 6 weeks) Completion of Sale (8 to 10 weeks from date of Exercise)

21 Park West Relocation Team Janice Lim Adrian Tan Andrew Yeo Emily Yeo Faith Chng Kim Soon Ian Teo Ron Quek

22 THANK YOU!