Review on Parc Botania

Located at Fernvale road, Sengkang, Parc Botania is a new residential development constructed by Sing Development / Wee Hur Development. Consisting of 4 blocks at 22 storeys, this condominium has an excellent unit mix of 1 to 4 bedrooms. Be it for investment or own stay, this spacious development offers freshness and cleanliness from the beautiful surrounding environment. Fully equipped and exceptionally design with high-quality finishings. Top class modern home appliance are standard features.

For families with school going kids, you can enroll them at the nearest reputable schools such as Fernvale Primary School, Nan Chiau Primary School (Anchorvale Link), Sengkang Green Primary School, Pei Hwa Secondary School, Nan Chiau High School (Anchorvale Link).

Nearby recreation facilities such as Sengkang Riverside Park offers you more options for a healthy living and leisure activities.

Parc Botania is within close proximity to shopping malls such as The Seletar Mall, Compass One, Rivervale Plaza and Rivervale Mall. A wide range of F&B, shopping and entertainment are available for you and your family.

The development is well connected to major roads and expressways. Through CTE, TPE and KPE, you are minutes drive from most parts of Singapore. Public transportation are also located at its door step with Thanggam LRT Station just minutes walk from the condominium. Linking the LRT network is Sengkang MRT Station. Various bus services are serving the vicinty of Parc Botannia. This offers another transportation alternative.

Parc-Botannia-recreational-facilities

Parc-Botannia-recreational-facilities

Here are the top reasons why Parc Botania is one of the best condominiums in Northeast Singapore.

Top 10 Reasons Why Parc Botania?

  • Jointly constructed by leading developers – Sing Development and Wee Hur Development.
  • A well distributed unit mix consisting of 1-4 bedrooms
  • Lush greenery surrounding and well design external building facade.
  • Well equipped and exceptionally high quality finishings and fittings with the best standard quality of modern appliances.
  • In close proxmity to reputable schools such as Pei Hwa Secondary School, Fernvale Primary School, Sengkang Green Primary School.
  • Ample amenities and facilities nearby
  • Well connected to Sengkang Bus Interchange, MRT Stations, major roads networks and expressways.
  • Good potential return on their investment.
  • Perfectly suit with a modern and revitalising lifestyle.

Price hike resulting in boycotting of Property Guru

Protesting by property agents

A group of over 1000 agents has gathered their support to boycott Property Guru, in protest of the latest price hike in their advertising package.

property agent

property agents

Starting 1st September 2017, real estate agents are expected to pay higher fees for new packages, which starts from $880 to $9,880. With previous packages cost between $630 and $2,240, the price hike is almost over 4 times for the premium packages. The consumption of credits allocated for these packages has also increased -for example, re-posting of advertisements now cost 2 credits, instead of 1 credit.

According to PropertyGuru, the real estate media company currently have around 15,000 agents using its platform since the portal was introduced in 2007.

With the portal dominating over 70% of Singapore property searches by consumers, it is likely that agents have no other alternatives to effectively market their properties.

Though leading competitors in Singapore 99.co (www.99.co), SRX Property (www.srx.com.sg) and The Edge Property (www.edgeprop.sg) are offering cheaper packages from $388 to $4229. The effectiveness of reaching out to potential prospects and clients have yet to be proven.

Many DIY sellers are actively looking out for free property portal online to post their units for sale. Disruptive startup companies such as DirectHomes and OhmyHome are offering free listing service on their portals. The success rate in transactions for these companies have yet to be seen.

Moving on

Disruptive technologies are emerging in the marketplace. Prospective buyers and sellers can do their research and adopt a Do-It-Yourself (“DIY”).

There will be a consolidation of the real estate industry beginning 2017. Real estate agencies strive to improve agents’ productivity, where you will see underperformers slowly exiting the market.

With the increasing competition and marketing expenses, the number of agents has been on a steady decline. As of January 2017, there were 28,397 agents, compared with 31,783 in 2014. Industry experts believe this figure would further decline in the years to come. While there are more DIY transactions, the majority of the home owners are still engaging property agents to handle their sales and this trend is likely to stay for the next few years.