Looking for the most ideal Best PRICED Unit at the Perfect Right Timing?
Start getting professional advice from us TODAY!
About V on Shenton
Those gifted with foresight that take advantage of these early offerings could are now reaping good returns. The Sail. Launch prices in 2005 are about $900 (per square foot) range, as of now prices range from $1,700 to 2,100 psf, representing an 83-125 % gain. For those who bought One Shenton at its launch price of $1,850 psf in January 2007, current prices at $2,150 psf are now enjoying 16% gain.
Not a bad yield, considering the fact that the property rental yield of 2.6 per cent based on latest prices or 3% for entry-level prices. Almost every property launched around the Shenton Way area since First quarter of 2010 are yielding good ROI (Return of Investments) from 13.%% to 26%. While the URA (Urban Redevelopment Authority) property price index within Core Central area increased by 13.1 per cent for the same period.
The primary reasons are; developers believe luxury residential units in the city would find a lot of customers for rentals. These are some of the reasons why the rental market in this area is active. Lots of expatriates and increasing number of professionals, and singles now prefer renting compact housing.
Close proximity to top offices within the financial district. Easy access to food and beverage establishments for relaxation
Shenton Way living therefore has unique feature of working and playing within your property. Some will say that it is fun-filled work. During weekends; the area are in complete serenity as usual city traffic are gone.
For those who love sports, Shenton Way is located right in the heart of our network of jogging and cycling paths to and from the East and West Coast. Every, Formula 1 race enlivens the entire downtown district every year. Shenton Way is close to the circuit.
With only a few years of price evidence, it is shown that the Shenton Way district has outperformed other luxury properties.
The trend will continue as supply is relatively limited and it may be possible that investing in this part of the city may insulate one from the vicissitudes of the rest of the property market. For those who are looking for investments, one thing to consider for is rental return. Rental yields for luxury apartments here are about 4 per cent per annum. This is considered a healthy rate because borrowing costs are below 1.5 per cent per annum. Interest rates in Singapore are relatively low due to its interest rate policy, using productivity gains and exchange rate to avert imported inflation.
In comparison with other cities worldwide, price-wise, Singapore is ranked higher with Hong Kong and ahead of other premiere cities like London and Tokyo. That Singapore is expensive is not unexpected. It is a small price to pay for safe-haven status. After all, a good thing has always a price, and definitely it is not cheap.
V on Shenton Photos
V on Shenton Site Plan
V on Shenton Location Map
V on Shenton Unit Types
|1bedroom + Study||72||690-750|
|2 bedroom + Study||104||1000-1200|
|Penthouse + Sky ter||4||5400-7300|
V on Shenton Details
|Property Category:||Condo||Estimated TOP:||2017|
|Property Name:||V on Shenton||Developer:||UIC Investments (Properties) Pte Ltd|
|Address:||5 Shenton Way, Singapore||Tenure/Status:||99 Years|
|District No.:||01||Facilities:||Luxuri8 (Level 8): Outback Grill, Tanning Isles, Sun Deck, Club Lounge, Splash Zone, Junior Pool, Pool, Aqua Gym, Spa Pool, Bubbly Bay, Playscape, Cloves Hedge, Cinnamon Scent, Nutmeg Grove, Spice Botanics Epicure (Level 24): Epicurean Dining, Island Kitchen, Outback Dining, Private Lounge, Garden Lounge, Relax Pods Haven (Level 34): Putting Green, Reading Oasis, Surf Lounge, Day Bed Island, Outdoor Fitness, Beanwaves, Swivel Day Beds, Refreshment Bar, Laundromat Vitalise (Level 35): Gym with sea view|
|Total Units:||510 units|