Category Archives: Selling Guide

Neighborhood Guide for Hot-selling Areas: Punggol

Here is a little fun facts about Punggol! Did you know, it used to be home to pig farmers? After the mid 19th century, the villagers engaged in livestock farming such as poultry, pig and fish farming. The last pig farm was closed down in 1990, with hydroponic vegetable and orchid farms replacing them. Then came the arrival of the high rise HDB blocks that we are familiar with.

In this article, we will introduce the following beauty of Punggol:

  • Food
  • Amenities
  • Educational Facilities
  • Housing
  • Bonus: Interesting Facts You Need To Know

 

Food

When we talk about food, we definitely should not miss out the Punggol East Container Park. This hideout is famous because of their mini ‘artbox’ concept. Located in the heartland of Punggol East, it is home to famous restaurants listed below:

  1. Big Fish Small Fish
  2. Seoul Good
  3. Pump Station 1965
  4. D’Grill
  5. Miami Bistro

After a heart filling meal there, you can spark up your day further with some dessert from Seoul Yummy, in the form of bingsu!

There are plenty of mouthwatering food options in Punggol. The White Restaurant is famous for its delicious white beehoon delicacies and a wide variety of seafood delicacies. Located at 500 New Punggol Road at the Punggol Settlement, this restaurant also houses authentic crabs all the way from Sri Lanka! Not only that, there is also Trunk 95 at Bay Seaside, which is an eatery famous for its bona fide Thai cuisines. Be amazed by the endless food options that you and your loved ones can explore in Punggol!

 

Amenities

When you talk about amenities, you definitely should not miss out on various malls located within Punggol. Waterway Point, Rivervale Mall, Compass Point and Punggol Plaza are all examples of popular malls frequented by people. It is also notable that town areas such as Orchard are roughly about 20 minutes ride away from the Punggol as well.

Modes of transportation are made easy with Punggol MRT alone the northeast line. With the Punggol LRT and multiple bus services around Punggol, travelling within Singapore has never been easier. For vehicle owners, expressways such as the KPE, CTE, SLE and TPE gives easy access as well.

[Photo from TODAYonline]

Many of you would have heard about the Punggol Digital District as Singapore is looking to create its first smart district. This may even push up the HDB rental due to the vast benefits that this business park beholds. What’s more, the new Punggol Town Hub is set to open this year, featuring a new hawker centre, library and other amenities.

On the other hand, residents also look forward to a day out at the nearby Coney Island. It is famous for the white sand beaches that is home to floras and faunas as well as the long ranges of cycling routes.

 

Educational Facilities

Planning for the future of your child? Well, you would be contented to learn that Punggol offers many educational facilities. One example would be the OWIS Punggol Digital Campus to complete construction by end 2022.

Source from MOE

 

Housing

Back then, Punggol was deemed as “inaccessible” and “isolated” by most people. However, the vast improvements for the amenities have led it to become one of the hot-selling areas with buyers willing to higher prices for resale flats. 23 HDB flats were sold in April 2021 and the highest transacted unit was a five-room flat in Punggol, which was sold at S$910,000.

HDB Resale housing price

Source from HDB

There are numerous condominiums are situated in Punggol namely Watertown, Prive, Austville Residences or Riverfront Residences, all of which have had a healthy number of transactions over the past one year.

 

Bluenest

When it comes to properties, you may expect only the best from Bluenest. We are a digital real estate agency in Singapore. Powered by our Bluenest AI tools, we are able to help our sellers to fetch the best possible price in the quickest time possibleRead- We sold a $1mil HDB flat in 3 days

We only charge a
1% commission fee upon successful sale which is lower than the market rate of 2%. (Did you know that our fastest time to sell a HDB takes only 3 hours and 2 days for private!)

If you are planning to sell your home, look no further and drop us a call at +65 3138 2554 today. In view of the current restrictions, rest assured that proper measures will be put into place for your safety.

Your trusted advisor, all the time.

Success Story: How We Sold A Resale HDB Flat In 2 Days

As a tech powered real estate agency, Bluenest prides ourselves on doing our best to meet all our sellers’ goals and one of which is to sell every home as fast as possible. Previously we shared the importance of home styling and its role in selling your home faster. Today, we bring to you the fastest home we have ever sold- resale HDB flat in Bukit Panjang!

Bluenest Sold HDB Unit in 2 days

How did Mr Shen find out about Bluenest?

Mr Shen marketed his HDB flat at Block 466 Segar Road for a year with another real estate agent. Earlier this year in February, Mr Shen was on Google exploring other means to sell his property and he chanced upon our Bluenest website and signed up for a free consultation meeting with us. (also read: Step by step selling guide for HDB resale flats)

Why did Mr Shen choose Bluenest?

After understanding about Mr Shen’s situation over the phone, our operations team acted fast and immediately scheduled a consultation meeting for the following day. Prior to the meeting, we had prepared a home report as well as a marketing plan customized for Mr Shen. We assigned Kenneth, our agent, who has superb knowledge of the area for this deal. During the consultation meeting, Kenneth ran through the home report, marketing strategy and financial planning with both homeowners, Mr and Mrs Shen. Kenneth, an experienced and highly observant agent, also noticed that the house required some de-cluttering and minor paintwork.  

Mr Shen was convinced of Bluenest’s capabilities and wasted no time in tidying up his house. Simultaneously, we sourced for a painter for him, upon which he requested to paint his entire house. (also read: How does home styling affect your home sale and Do these 3 things to sell your home fast)

We took professional photographs of the new and beautiful HDB flat

Living Room

HDB Flat in Singapore_Beautiful Living room HDB Flat in Singapore_Beautiful Living room

Bedrooms

HDB Flat in Singapore_Beautiful and clean bedroom HDB Flat in Singapore_Beautiful and clean bedroom

The white coat really brought out the warmth of the unit which was also accentuated by the stunning view from the windows. You can find more images of this HDB flat here. (also read: Can professional photography fetch you a higher price?)

and we started marketing right after ..

We listed his HDB flat in the major property listing sites such as Propertyguru, 99.co and Carousell. As soon as his listing went live to the public, inquiries started flooding in! Once again, from the incredible volume of viewing requests received, we hosted an open house for Mr Shen at his home 2 days later.

We secured a solid offer for Mr Shen on the very same day!

Incredibly, in just a mere 2 weeks, Mr Shen went from a simple message to Bluenest to selling his home! Due to the COVID situation at that point of time, our team ensured that safety measures were set in place for the benefit of all parties. Of course, we did conclude the sale successfully and safely!

At Bluenest, we take pride in serving all our clients with utmost care and speed. Our services are tailored to assist each unique client in the best way possible, and you can benefit from them too! If you are planning to sell your home, then look no further and drop us a call. We are, your trusted advisor, all the time.

HDB Resale Application – All You Need to Know to Sell Your HDB Flat

You’ve finally found a buyer for your HDB resale flat. Great! But now you’re wondering just how to proceed from here. Once the Option to Purchase (OTP) between you and the buyer is signed, you’ve awarded them the exclusive right to purchase your property from you. But that’s not the end of the paperwork – it’s where your HDB resale application starts.

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HDB Lease Buyback Scheme: A Practical Guide

47%. That’s almost half the Singaporean population who will be 65 and above by 2050. It may seem a little far-fetched to you now, but a bit of quick math and you’ll realize your retirement years aren’t as far off as you think. As Singapore heads towards an aging population, the government has implemented elderly-friendly housing regulations like the Lease Buyback Scheme. Continue reading