38 Carpmael Road

38 Carpmael Road. Investment gains, rental potential. Well located.
38 Carpmael Road. Investment gains, rental potential. Well located.

38 Carpmael Road new launch condominium at Paya Lebar

38 Carpmael Road new launch condominium is an upcoming development for sale at Paya Lebar. This condominium is located at Carpmael Road, near Paya Lebar MRT, One KM mall, Sims Avene, Geylang, 112 Katong Shopping Mall, Parkway Parade, Suntec City and Nicoll highway.

Showflat location of 38 Carpmael Road new launch condominium will be available very soon. In the meantime, get in touch with us via the message box at the bottom right or contact us.

38 Carpmael Road as a new launch condominium has a high potential for capital appreciation given it’s good location near the city centre.

The condominium is near the Green East West and Orange Circle Line, highly accessible to other parts of the the city and Changi Airport.

38 Carpmael Road is located between and is walking distance Geylang Road and Dunman Road.

The condominium is expected to be launched in the fourth quarter of 2017 (4Q2017) or the early part of 2018.

Showflat location will be released in the later part of 2017 as details arise.


Contact us now or leave us a message at the bottom right message box if you want to find out more about 38 Carpmael Road New Launch Condominium.

We reply within 24 hours.


The great location of 38 Carpmael Road new launch condominium will give investors great rental income and potential for double the capital appreciation.

The condominium is developed by Lim Wen Heng Construction Pte Ltd. Their previous projects include Wilkie 80, Jedburgh Gardens, Avant, Robertslane and Livingston Mansion.

Investment and rental potential of new launch condo 38 Carpmael

Trends in the non-landed properties in district 15 where 38 Carpmael Road new launch condominium is located has been doing well.

There’s been a pick up in sales volume to about 100-200 units per month since the beginning of 2017. This has coincided with a pick up in price per sqft to about SGD1,400.

There was a low of about SGD1,100 in Jan 2016, but prices have since recovered.

Non-landed house prices have grown from SGD900 psf in mid 2009 to SGD1,400 in July 2017, on the back of better sentiment, low interest rates and good economic growth throughout the period.


 

Contact us now or leave us a message at the bottom right message box if you want to find out more about 38 Carpmael Road New Launch Condominium.

We reply within 24 hours.


38 Carpmael D15 price trend

Based on indicative prices, a 99 year leasehold condo such as 38 Carpmael Road new launch condominium is likely to be selling around the S$1,6xx to S$1,7xx range. Rents are likely to be higher at approximately S$4.5 to 5.5 psm pm, the rental yield is likely to be around 3% to 4%. This range is quite decent considering the potential capital appreciation and gentrification of the area.

38 Carpmael D15 metrics

Larger map of 38 Carpmael Road new launch condo

From a zoomed-out perspective, 38 Carpmael Road new launch condominium is in close proximity to East Coast Park where one can enjoy the sun, sea and beach.

38 Carpmael Road new launch condominium is also about 20-30 minutes to the downtown core of City Hall, Raffles Place and Orchard by train.

The map below shows the relative locations

38 Carpmael zoom out map

38 Carpmael Road is located near good schools such as

  • Tanjong Katong Secondary
  • Haig Girls
  • Tanjong Katong Girls
  • Dunman high

Nearby amenities and eateries

  • Old Airport Road Food Centre
  • Dunman Food Centre
  • City Plaza
  • Singpost Mall by Capitland
  • Paya Lebar Quarter
  • Paya Lebar Square

 

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