THE STRATA (DISTRICT 11)
Freehold Apartments at Thomson Road
High-rise living almost next to Novena MRT!
The Strata is a single tower apartment block with condominium facilities, located just minutes walk away from Novena Square and Novena MRT.
A contemporary development.
View Larger Map / Driving Directions / Time Distance Shopping and transport amenities just nearby.
Bird’s eyes view of the swimming pool (left) and wading pool (right).
Luxurious, spacious swimming pool.
With a Jacuzzi corner for lazing and relaxing.
Bright and cheerful gym for a great workout.
Children’s playground and BBQ area.
St. Joseph’s Institution Junior just near-by.
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3D Virtual Tour of the Actual Unit
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Why is this a great investment?
At just $16XXpsf Freehold, it’s relatively lower than the nearby Leasehold prices of this area. Straits Times reported on 12th Mar 08 that due to space crunch in Orchard’s medical specialist center, specialist-doctors (and of course their patients) will be re-locating to Novena Medical Centre. Strata, at just 7mins’ walk away, will greatly benefit from from the success of Singapore’s push for medical tourism. This will certainly boost rental prices around this area as it is known that wealthy foreign patients (& their family) usually stays here for a year or so for treatment.
Strata is near enough to be convenient, yet far enough to be protective against any negativity associated with staying next to a hospital. Therefore this ensures better capital protection in times of crisis. The fact it has already TOP means that it an immediate income-generating tool for the investor, as oppose to those still under-construction.
Remember, if market really turns negative, property still under-construction will fall fast in value uncontrollable. Why? Simply because, there’s always more speculative owners for properties still under construction that have weak holding power, and at the pressure of not being able to secure loans in a downturn, these owners will desparately try to dispose their units. But yet in a falling market, nobody in their right mind would buy a “paper property” that’s falling invalue, unless it is being offered at a bargain, they rather wait till it TOP to pick up units at bottom price. Bargain after bargain means a heart-attacking roll-coaster ride down for those still holding to the “paper-property”.
With the current market showing signs of turbulence, it is wiser to play it cautious by investing only in immediate income-generating properties only. This way, if market turns downwards, you can still sleep in peace; and yet if market suddenly turns bullist again, you know you already lock down today’s bargain price.
Bright Living Space.
Far VIew of the City towers.
Spacious master-room with attached bathroom.
Attached bathroom accessible by visitors too.
Open open concept kitchen, fully equiped.
Dining Area next to the Kitchen.
- 1 Essex Rd
- Total of 100 Units
- TOP in 2006
- Manned Security System
Sole Exclusive Marketing Agent
PS: Hurry! View now and move in by Chinese New Year 2007.
Why wait? See it for yourself!
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- Updated 12th Mar 2008 -