February 2015

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83
FOR SALE OR LEASE
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February15
DEBORAH LAW
Executive Director,
Expat Realtor
Hot Properties
H appy Year of the Wood Sheep! This is
considered by feng shui followers to
be an auspicious year. In the Chinese
zodiac, the sheep (or ram or goat)
represents solidarity, harmony and calmness. It
also represents flexibility and compromise, making
it easier to reach agreement in spite of conflicting
interests. Sounds like a breath of fresh air for real
estate!
This year promises to be better than 2014
because the five elements present in the feng
shui destiny chart incorporate an optimism that
will, according to the experts, continue to drive up
the economy and the stock market. A more stable
global economic atmosphere is expected, with less
dramatic fluctuations.
Like 2014, this year’s property outlook is nothing
to write home about, unless the government
chooses to tweak some of the cooling measures.
Softer and more realistic prices this year may
mean more properties sold; but unless the deal is
exceptionally appealing – particularly in the luxury
sector – investors will probably wait a while longer,
expecting further price drops.
Opportunities may present themselves, however,
in the shape of relaunches offering attractive
incentives, increasingmortgage sales frommultiple
property owners under pressure from possible
interest rate hikes and a slower rental market,
the luxury segment, prime properties in good
locations and especially for those buying for their
own occupation.
Located in a quiet area of Good Class Bungalows, with beautiful gardens, two fishponds and
plenty of privacy, this five-bedroom, five-bathroom house has top-end fittings and fixtures,
with no expense spared in its renovation.
It has formal and informal dining rooms, a lounge room with large projector screen
television, built-in Sonos speakers throughout the house, a high-quality kitchen, and large
walk-in wardrobe in the master bedroom.
Located two minutes from the BKE fr eway, it’s close to the Rail Mall eateries. The
Downtown MRT line will soon open at the end of the street, and the American, German
and Marlborough international schools are not far away either. An amazing opportunity to
Chestnut
House
$14K RENT
Size: 4,500 sq. ft built;
6,000 sq. ft land
Bedrooms: 4+1
Type: Bungalow
District: 21