This is a review of Belgravia Ace in District 28, a freehold strata landed housing development located at the picturesque private residential enclave of Seletar Hills Estate. Consisting of 107 units (104 semi-detached and 3 balcony homes), it will be developed by Fairview Developments, a totally owned unit of the Tong Eng Group. Belgravia Ace will be the 3rd phase of its Belgravia Collection. The first was Belgravia Villas followed by Belgravia Green, introduced in 2013 and 2018 respectively. All units will feature 5 bed rooms, a basement, sky garden and private lift.
Table of Contents
- 1. Belgravia Ace Review - Freehold Strata Landed Gem In Seletar
- 1.1. Special Features
- 1.2. Place Map
- 1.3. Floor Plan Design Features
- 1.4. Freehold Landed House
- 1.5. Facilities & Site Plan .
- 1.6. Recreation Near Belgravia Ace
- 1.7. Developer of Belgravia Ace
- 1.8. Conclusion: Is Belgravia Ace’s Good Investment?
- 1.9. Tong Eng Group|Tong Eng Developer
Distinct Features
A gated home with 24-hour security and shared centers
A rare freehold strata housing development on such large plot of land - deficiency to assist underpin property values
Freehold status negates issues over lease decay, providing opportunities for future collective and tradition planning
More open spaces and facilites under modified URA guidelines offer a higher quality of living
Remarkable design functions and modern-day faclities
Provision of premium fittings and devices
Proximity to major employment hubs supplies possible catchment of tenants
Trusted developer with a long history of property development since the 1960s.
Practical access to the Central Expressway (CTE) less than 1 km away
Within 2 km of Rosyth Primary School and Lycee Francais De Singapour, a French global school
Area Map
Belgravia Ace is a freehold strata landed advancement in the Seletar Hills Estate in the northeastern residential area of Singapore.
The Seletar Hills Estate is a much desired place to own a home. As a personal landed residential enclave with a peaceful atmosphere located in between Ang Mo Kio Avenue 5 and Yio Chu Kang Road, its exclusivity is much valued.
Access to Belgravia Ace is through Belgravia Drive, a new road just off Ang Mo Kio Avenue 5. Belgravia Ace is located at the innermost of the 3 Belgravia Phases - the other 2 being Belgravia Villas and Belgravia Green. They rest on either side of the roadway and towards the north of Belgravia Ace are the landed real estate along Stratton Drive.
Surrounding the Seletar Hills area are a number of big public housing estates such Ang Mo Kio, Yio Chu Kang, Serangoon North, Hougang and Sengkang which will provide a wide variety of features.
Floor Plan Design Features
All units will come with big and functional layouts, with the double-volume ceiling at the dining area contributing to the development's elegant feel.
They will likewise have private lifts, which help with practical access to 5 levels of living areas. This is an important feature for households elderly folks or those with movement issues.
There will be ample parking area and each house will have at least adequate area for 2 automobile lots at the basement. This will help to remove any parking issues with neighbours or visitors, which are quite typical in traditional landed housing estates.
Below is a summary of Belgravia Ace's distinct and remarkable design functions:
5-levels from basement to roof (with family room for some) and a built-in location from 4,000 sqft
5-bedrooms with 4.5 m high ceiling and loft location for research study
36 systems of back-to-back semi-detached house (from around 4,000 sqft up).
18 units with basement on ground level, looking like a traditional landed house.
Terrace units around 3,600 sqft.
Living room at roof for some systems (no bedroom).
6m width between external and boundary wall.
1 Electrical Vehicle (EV) charger.
2 swimming pools.
Freehold Landed House
In land scarce Singapore, as the government will no longer offer freehold land for sale, a lot of will just come from en bloc sales or existing land bank privately held by home developers.
Offered the shortage of freehold land, this will underpin the value of residential or commercial properties like Belgravia Ace in the long-term. Also, with no lease decay issues, they will permit families to bestow their houses to the next generation.
Besides tradition planning, Belgravia Ace is created for multi-generational and young households who are looking for a significant landed home with a great variety of centers that will cater to the requirements of all ages. Not unlike condiminiums, the gated development with 24-hour security services and devoted pick-up/drop-off point will improve the safety of all residents. This is specifically so for school-going children waiting for their school buses.
Facilities & Site Plan .
" Due to its big land size, Belgravia Ace will delight in a series of centers such as two pool, kids's play ground, BBQ structure, clubhouse and gymnasium, all thoughtfully integrated with gorgeous landscaping and water features.
This will provide locals a retreat from the stress of contemporary living while allowing them to charge their mind, body and soul. For families with young kids, the myriad of facilities will provide them with quality bonding time at their doorsteps.
Moroever, with only 107 units, they will get to take pleasure in a high level of exclusivity and quality time by themselves or with friends and family.
Recreation Near Belgravia Ace
There are several nature parks a brief 10-13 minutes' drive from Belgravia Ace. The proximity of these nature parks supplies a remarkable experience for locals living around the location. Other than the Hampstead Wetlands Park mentioned above, the others are.
Lower Seletar Reservoir Park-- A short 10 minutes' drive from Belgravia Ace, its calm waters, pleasant breezes and serene surrounding supplies a pleasant place for pastime, both on land and in water. Featuring a Family Bay with a brand-new efficiency stage, a water play area, a bioswale rain garden, in addition to a Heritage Bridge, there's constantly something for everyone to enjoy.
Physical fitness lovers can likewise take long, leisurely strolls or jogs, while a fishing jetty that extends from the park into the tank allows passionate anglers the opportunity to draw in their next huge catch.
The Rower's Bay Park-- It is located further north of Lower Seletar Reservoir near Yishun Dam. Besides being a popular location for kayaking and dragon-boating, which is managed by PA Water-Venture, it is one of the very best spots to capture the dawn or sundown in Singapore.
There is a boardwalk to check out the wetlands, which are filled with plant species that will draw in and supply a habitat for native wildlife in the area such as the grey heron and copper-cheeked frog.
Sengkang Riverside Park-- It is home to the special Sengkang Floating Wetland that was constructed to collect and filter rainwater naturally through its aquatic plants. The park is built and preserved by PUB. When embarking on the park's lots of trails through the marshland and wildlife habitat, the sight of mangrove birds and damselflies supplies an fascinating day out for the entire family.
Running along the boundary of the wetland is a Fruit Tree Trail that features 16 types of fruit trees. These consist of mangosteen, pomelo, mango, lime and starfruit, to the more unique Pond Apple, Island Lychee, Sweetsop, Java Olive and Custard Apple.
Thomson Nature Park-- It is located to the east of the Central Catchment Nature Reserve between Old Upper Thomson Road and Upper Thomson Road. The 50-hectare Thomson Nature Park is abundant in biodiversity and is home to uncommon animals such as the Sunda Pangolin, Malayan Porcupine, and the critically threatened Raffles' Banded Langur.
Apart from its rich wildlife, Thomson Nature Park has a unique cultural heritage as it is the site of a previous Hainan Village. Visitors can start three specially curated walking trails and find the remnants of the past kampung life that can still be discovered there!
Springleaf Nature Park-- It is a reasonably small park with a strolling path traversing Sungei Seletar, a canal that eventually ends up flowing into the Lower Seletar Reservoir.
Due to its close proximity to the Central Catchment Reserve, it is abundant in biodiversity, and is home for more than 80 species of homeowner and migratory birds. These include the White-throated Kingfisher, Blue-tailed Bee-eater and Long-tailed Parakeet.
Developer of Belgravia Ace
The developer for Belgravia is Fairview Developments Pte Ltd, a subsidiary of Tong Eng Group, which is renowned for developing stunning landed houses as well as condos.
Its history dates back to the 1940s when Teo Thye Chor and his younger brother Teo Thye Hong migrated from the Hui An district of Fujian, China, to Singapore in search of a brighter future. After getting rid of early obstacles, they formed Tong Eng Brothers after the Second World War, engaging in the trading of electrolytic tinplates used in the production of cans and bottle caps.
Responding to the call for post-war rebuilding in the 1950s, the siblings anticipated a rise in demand for lodging. Hence, this started their diversification into home development. And the rest the said, is history.
For many years, they have actually built up an remarkable portfolio of properties. These include Belgravia Villas, Belgravia Green, Poet Villas, Three Balmoral and Goodwood Grand, among many others.
Conclusion: Is Belgravia Ace’s Good Investment?
Belgravia Ace provides appealing financial investment capacity due to the limited supply of freehold landed real estate in Singapore. Read More of freehold land will only come from en bloc sales or landbank held independently as the government will only provide 99-year leasehold land under its government land sale programme (GLS).
In addition, designers that obtain new landed parcels through en bloc sale may not necessarily redeveloped them into landed housing, crimping the supply even more. As land bought via en bloc sale would likely cost more, this would naturally lead to greater costs.
On the other hand, the popularity of strata landed real estate has actually been increasing throughout the years as buyers are drawn to the facilities that come with such developments. It is equivalent to living in condos, but with the added advantage of more personal privacy, exclusivity and spaciousness.
As can be seen, private property prices for all types have rebounded highly from the trough of the worldwide monetary crisis in Q2 2009. Since then, the marketplace has gone through a number of rounds of residential or commercial property cooling procedures, with the most recent in July 2018 that saw the Additional Buyer's Stamp Duty (ABSD) increased and the Loan-to-Value (LTV) decreased.
Despite some blips along the way, the marketplace has actually been on an uptrend. However, it is notable that landed homes have actually outshined non-landed properties. From the trough of Q2 2017 till Q1 2021, their costs were up 35.1% and 23.4% respectively. In Q1 2021 alone, landed houses jumped by a substantial 6.7% quarter-to-quarter.
Another interesting indicate note is that freehold landed residential or commercial properties have seen more transactions monthly than leasehold landed properties in the last one year. This goes to show the ongoing appetite for freehold landed homes.
Tong Eng Group
See More: Belgravia Ace Price
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