Since signs of the property market bottoming out have been observed, property investors have been searching for the next development to capitalise on the property market upturn. For those who are looking at properties within the Core Central Region, V on Shenton is an advantageous project that you should definitely consider. In fact, here are 5 awesome reasons why.
Potential rental intake
Located in the very heart of Singapore’s Central Business District, V on Shenton is bound to attract many expatriates who prioritise location of rental units. With the limited supply of sophisticated condominiums that offer such locational convenience, owners of V on Shenton units need not fear a withering rental demand that has affected many property developments. As Singapore continues to grow as an international commercialised hub, more and more expatriates will be seeking out suitable rental apartments for their temporary stay. Hence, by securing a unit at V on Shenton for yourself now, you can certainly expect to receive a stream of potential tenants vying for your apartment.
Beside V on Shenton Office Tower
Owners of V on Shenton units will also have an advantage of appealing to expatriates working in the Office Tower right beside the condominium. Developed as a residential and commercial development by UIC Limited, it provides the ultimate convenience of commuting from home to work, especially for those working in the UIC Building. With the different international companies with offices situated there, you can easily find potential tenants who would thoroughly appreciate the convenience and prestige presented by V on Shenton condominium.
Ideal architecture design
Another aspect of V on Shenton that is especially enticing to expatriates, is its architectural grandeur. Affluent expatriates often seek out luxurious apartments, and V on Shenton definitely meets their criteria. Designed by highly recognised architects UNStudio and Architects 61, V on Shenton has a unique hexagonal honeycomb design that will bring about a magnificent display of light reflections. Furthermore, various levels of the building are dedicated to specific lifestyles, such as Luxuri8, and Haven on 34. The intricate crafting of the architecture to suit these themes accentuates the glamour and exclusivity of living in V on Shenton. Thus, potential tenants will certainly be awed by this deluxe condominium.
Proximity to public transportation
Moreover, the increased connectivity of this particular location will propel the value of V on Shenton upwards. Multiple MRT stations are located in the vicinity, such as Tanjong Pagar MRT station, Downtown MRT station, and Raffles Place MRT station. Additionally, with the future Shenton Way MRT station located just a stone’s throw away from V on Shenton, residents will have a wide range of access to the Downtown Line, East West Line, and Thomson-East Coast Line.
Anticipate high transaction levels in the market
With fewer new condominium launches within the Core Central Region in the near future, much activity will be concentrated in the resale market. Already, the resale transactions happening within the Core Central Region has contributed to a 10.5% increase in prices on a year over year basis in the second quarter of 2016. Thus, by buying a unit at V on Shenton, you too can look forward to further value appreciation of your property, as a result of the forecasted increase in resale transactions.
I hope these 5 reasons have convinced you of the strong investment potential of V on Shenton. With a high rental demand and future value appreciation, you will certainly reap the fruits from this worthy investment.