Forest Woods Upcoming New Condo @ Lorong Lew Lian

If you are searching for a residential area that provides much inimitability and an extensive array of leisure activities, then Forest woods condo is the finest to invest in. Forest woods, a CDL endeavor, is soon initiating a fresh start in Lor Lew Lian, Singapore. It’s the right spot for the people who are gazing for a modern and healthful place to live.

From Forest Woods location, you will find places and services like shopping malls, restaurants, stations, transport routes, small towns, and schools at a few minutes drive. Long story short, a new CDL launching located in the heart of town that is Serangoon, this Forestwood, is a future transformed area providing tranquil and healthful lifestyle.

The project can be found in Serangoon Estate in District 19, North Eastern part of Singapore. The brilliant 99-year leasehold development is ran by the dominant developer of Singapore- City Development Limited (CDL).

Forest woods Condo is located in a modern atmosphere that’s completely developed. Additionally, besides amenities, the people from the surrounding area are mature and well educated. Most of the crowd is from the business class or affluent strata, and it adds to the beauty of the area. Your kid will develop watching such folks, and that helps his mental growth.

Undoubtedly, the region development increases the actual worth of the building itself. Don’t delay, if you are interested in being part of such a healthy environment and begin today to register your interest.

Prime Area Rental Down By 3.6% in Singapore

rentalRental prices of prime residential property in Singapore fell by 3.6 percent in Q1 2016 compared to the same period last year, according to Knight Frank’s Prime Global Rental Index.

The complete index, which monitors the change in high-end residential rents across 17 global cities, dropped for a third straight quarter, with rents falling on average by 0.5 percent in the year to March 2016.

In fact, 11 cities recorded level or dropping prime rents over the last 12 months.

Toronto leads the ranks with prime rents growing by 8.9 percent in the year to March 2016, followed by Guangzhou with 5.3 percent growth.

Nairobi occupies the bottom position after rents fell by 7.9 percent. This is preceded by Hong Kong, which saw a decrease of 5.2 percent.

Nicholas Holt, Head of Research for Asia Pacific at Knight Frank, said: “Real estate markets in Asia have been sensitive to the wider macro economic environment in 2016, as presented by the prime residential rental performance in the seven major Asian cities monitored.

“Singapore and Hong Kong, both cities with significant export exposure have found with Shanghai still seeing rental increase on the rear of a robust local market, while mainland Chinese cities have seen more varied performance, rents dampen.

“Looking ahead, the political uncertainty in Europe and the US will probably weigh on the area for the second half of the year, depressing rental growth prospects.”