News & Views The Guru View on Property - MXY-2G20VA
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
News & Views ISSUE NO. 117 (OCT 2017) MICA (P) 097/06/2017 The Guru View on Property MUY-FL10VE MXY-2G20VA MXY-3G28VA MXY-4G28VA MXY-4G38VA MXY-5G48VA MXY-4C100VA MXY-5C125VA MXY-6C140VA
News & Views ISSUE NO. 117 (OCT 2017) MICA (P) 097/06/2017 The Guru View on Property TOP STORIES COVER STORY News Roundup Paranormal places P. 3 Eye On Changi Photo: Christopher Chitty The Amber Beacon Tower (pictured) is a popular spot with beachgoers and joggers who frequent P. 6-7 East Coast Park on weekends. A scenic lookout point, the tower actually has a dark past like so many places in Singapore. Recently, we took a trip to several haunted sites across the island to get the Project stories behind why these locations continue to fascinate and scare Singaporeans. Read more on page 16. Review Concerns when buying old houses Before purchasing older residential units, prospective buyers are advised to P. 9-10 consider the potential downsides of such properties. :MÅVML )LQDQFLQJLVVXHV &UDFNVDQGUHSDLUV Over time, a home’s walls and noors and corroded plumbing, Living For properties with shorter remaining may suffer from cracks, but among which can cause mres and water leases, buyers may need to fork out leaks respectively. Hence, it’s the most serious issues are damages more money from their own pocket as advisable to check for these to the foundation and support beams. banks may provide a lower mortgage problems and get a quote on how much it would cost to update these quantum or loan-to-value. You are Given that the cost of repairing such important structures can cost tens features and ensure they conform also not allowed to use your Central of thousands of dollars or more, with existing safety regulations. Provident Fund (CPF) savings when it’s advisable to check for these buying )%B nats and private homes P. 24-25 damages before committing to buy 3HVWSUREOHPV with a tenure of less than 30 years. a property. Preferably, engage an An old house may have unwanted expert or an engineer. If you still want guests like rats and termites. The To be able to use it, the buyer’s age to purchase despite the existence of Like What former is a health hazard, while the plus the remaining lease should be such defects, consider negotiating You’re Reading? for a lower price to offset the latter destroys furniture and wooden equal to at least 80 years. Also, the structures of a property. Before repair costs. maximum amount that can be used signing the purchase agreement, Get a subscription from the Ordinary Account is capped 2XWGDWHGIHDWXUHV check for the tell-tale signs of pests. that suits your needs! based on the buyer’s age and the Properties built many years ago may If the infestation is serious, you will News-and-Views.PropertyGuru.com.sg property’s remaining tenure. come with obsolete electrical wiring need to hire an exterminator.
02 PROPERTYGURU NEWS & VIEWS THE TEAM Q(',725·6127( QEDITORIAL Romesh Navaratnarajah Senior Editor romesh@propertyguru.com.sg Supernatural Singapore Editorial Contributors I’ve never been a superstitious these places, especially the Old Changi setting for many local ghost stories. Angelica Chong person, so when I started doing research Hospital and Pasir Ris Tower. And with Halloween just around the Chang Hui Chew about haunted locations in Singapore for corner, we check out some edgy interior Christopher Chitty While I couldn’t see anything, I did this issue’s cover story, I was sceptical designs that will make your living spaces Joanne Poh get an eerie feeling that we were being Justin Koh at mrst. But my opinion changed when stand out, but not in a creepy way. watched. Several people also shared Michelle Yee a small group of us visited some of their ghostly experiences with us and we Mindy Chong If you have questions or Team Joey Yap even got to sit down with a paranormal investigator who offered his advice on comments, email News-and-Views@ QADVERTISING what to do if your house is haunted. PropertyGuru.com.sg Belinda Koh If you are worried about buying a belinda@propertyguru.com.sg property and mnding out later that it is Correction next to a crematorium, perhaps our QPUBLISHING Issue 116 of PropertyGuru News in-depth Project Reviews of new launches and Views spelled the name Tuan Sing on the PropertyGuru portal can help. Romesh Navaratnarajah Holdings wrongly. We would also like You wouldn’t want to be hit by an romesh@propertyguru.com.sg to clarify that the developer’s Kandis unwanted surprise! QEVENTS Romesh Residence project will launch by the Navaratnarajah Also in this issue, we explore the end of this year. We apologise for any Mandy Neo Senior Editor neighbourhood of Changi, a popular inconvenience caused. mandy@propertyguru.com.sg QMARKETING Sandy Goh Powered by Asia’s leading online property group, we bring to property seekers, investors and property enthusiasts alike, the Guru sandy@propertyguru.com.sg View on the property market in Singapore, the region and beyond. The insightful articles, in-depth analyses and Esther Toh intriguing commentaries from industry gurus will be delivered across multiple platforms including online, mobile and print, to esther@propertyguru.com.sg help them stay abreast of the market and make better property decisions today. PropertyGuru News and Views is distributed on a complimentary basis at selected airline lounges, banks, lifestyle cafés, private medical centres, hotels and Chang Hui Chew chang@propertyguru.com.sg service apartments. You may view the full list of our locations at News-and-Views.PropertyGuru.com.sg QCUSTOMER CARE Sarah Tan custcare@propertyguru.com.sg FIRST FACTS QMANAGEMENT Hari Krishnan Top 5 condominiums for sale Chief Executive Ofmcer Lewis Ng Chief Business Ofmcer MOST SEARCHED PROPERTIES PropertyGuru Pte Ltd GEM RESIDENCES TripleOne Somerset Developers: Gamuda Land, Evia Real Estate and Maxdin 111 Somerset Road #08-20/28 5 KINGSFORD WATERBAY Tenure: 99-year leasehold Developer: Kingsford Development Singapore 238164 Location: D12, close to Braddell MRT 1 Tenure: 99-year leasehold Tel: 6238 5971 Location: D19, close to Hougang MRT Fax: 6534 4678 www.propertyguru.com.sg MICA (P) 097/06/2017 Print: Times Printers Pte Ltd Design: Times Printers Pte Ltd Distributor: Region Periodicals Distributor Pte Ltd All content published in PropertyGuru News & Views is protected under copyright laws. No content should be reproduced either in part or whole without express written permission from PropertyGuru Group. For licensing and SOPHIA HILLS syndication enquiries, please email 2 Developer: Hoi Hup Sunway chang@propertyguru.com.sg. Currency Tenure: 99-year leasehold conversions are provided for indicative Location: D9, close to Dhoby Ghaut MRT purposes only. Every precaution has been taken to ensure all information is accurate. MARTIN MODERN However, the publisher, its employees or 4 Developer: GuocoLand agents accept no responsibility or liability Tenure: 99-year leasehold THE INTERLACE for direct, indirect or consequential losses Location: D9, close to future Great World MRT 3 Developer: CapitaLand or damages resulting from the use of any Tenure: 99-year leasehold information contained herein. Location: D4, close to Labrador Park MRT Based on pages viewed between 1 – 31 August 2017 on PropertyGuru.com.sg
PROPERTYGURU 03 NEWS & VIEWS QNEWS ROUNDUP Our top Singapore property stories. Wong urges real estate With the theme Valuation – Real industry to embrace digital Estate and Beyond, the two-day innovation event saw speakers presenting papers on key topics including National Development Minister valuation of green and smart Lawrence Wong recently urged buildings and new accounting valuers in Asean countries, standards on valuation. including stakeholders in the real estate industry, to embrace digital innovations, reported the “Increasingly, valuation of non- Straits Times. tangible assets such as intellectual property, service contracts, and Unlike the media distribution and proprietary data, are also Morgan Stanley: Home prices his earlier forecast, Ng has provided travel industries, digital innovation becoming more important when a timeline of the innexion point, stating has not had much impact on the valuing businesses.” to rise by 8% in 2018 that property prices will rise in Q3 retail sector. Nonetheless, things are Morgan Stanley recently released 2017 instead of early-2018 as he had beginning to change, noted Wong. This is partly driven by digital the most bullish forecast for the previously expected. innovation as well as the continued Singapore housing market, expecting He pointed to the Canada His optimistic outlook for the market growth of the services sector, which private home prices to increase by two Mortgage and Housing Corporation, percent this year, before rising again is partly precipitated by a slew of en which leveraged on its property makes up over 50 percent of many by another eight percent next year, bloc deals that began entering the information database to develop an Asean countries’ gross domestic reported the Business Times. market in May 2017. With seven en bloc automated risk assessment system. product, explained Wong. sale projects already awarded, about This compares with DBS’s forecast 1,500 homeowners are expected to be “The real estate industry, including Established in 1981, the Asean of a two percent fall in 2017 and displaced, each of whom is about the valuation sector, must adapt to Valuers Association has five three percent increase in 2018 and $1.8 million wealthier. change, and transform in the face of founding members – Singapore, another three percent in 2019. OCBC digital innovation,” said Wong at the Investment Research, on the other “With leverage, this adds up to Thailand, Indonesia, Malaysia and $13 billion of potential capital innows launch of this year’s Asean Valuers hand, only expects a bottoming out of the Philippines. that could mnd their way back into the Association Congress. prices in 2018, with prices falling mve percent this year. property market, more than the entire “There are also new opportunities Over 250 delegates from Asean value of developer sales in 2016. More In April, Morgan Stanley analyst en bloc deals could follow, with 50-60 for valuers in other melds such countries and counties such as Fiji, Wilson Ng even predicted property more currently under discussion,” as business and intellectual China and South Korea attended the prices to double by 2030. Maintaining he said. property valuation.” 20th edition of the Congress. QEVENT NEWS Optimistic outlook for Japanese real estate Attendees were given an overview of upcoming infrastructure developments in Japan, as well as updates on property regu- lations and taxation. By Mindy Chong Held for the mrst time on 9 and 10 For other secondary cities, rental September at The St. Regis Singapore, growth is between one to four percent. PropertyGuru’s Japan Real Estate With low interest rates, yields are likely Market Outlook attracted more than 360 to stabilise at four percent.” local and overseas investors. Organised in partnership with Japanese developer She added that Japan has been Dualtap, highlights included insights preparing to host various events such into Japan’s property market for 2018 as the Tokyo Olympics in 2020, 2019 and an overview of real estate laws and Rugby World Cup, World Masters Game Kansai 2021, and Japan’s mrst tax regulations. integrated casino resort. Factors such as low unemployment rate, increased Sigrid Zialcita, managing director jobs creation and expanding wages and head of Asia Pacimc research at "MBSHFDSPXEPGQPUFOUJBMJOWFTUPSTUVSOFEVQUPmOEPVUNPSFBCPVU+BQBOTSFBMFTUBUF have led to economic growth. Cushman Wakemeld said: “Tokyo market from industry experts. is the largest metropolitan area in the Junko Ogushi, senior partner from world with 37 million people within interact with the developer and industry UENO VASTO VARDE XEBEC NIPPORI II Atsumi & Sakai, Japan presented on 7,000 sq km of land area. Between experts,” she said. residential project. real estate law and tax regulations in 2010 and 2014, residential properties owning property in Japan. Watch the video on the exclusive Separately, Cijay Tew, associate in Tokyo have shown a capital show here: branch district director from PropNex appreciation of 25 percent. “PropertyGuru provides an bit.do/jpssept2017videos. Realty, shared his knowledge on opportunity for investors to know what property monetisation methods for For more information on upcoming “Rental growth rose by seven is happening in Japan, hence making it local and overseas properties. The events, go to: percent in Tokyo in the past two years. a good platform for investors to directly exclusive show showcased the www.pgevents.propertyguru.com.sg/
04 PROPERTYGURU NEWS & VIEWS Graveyard appreciation Before Bidadari, there was Bishan. The small HDB estate has seen strong capital appreciation over the years. Singaporeans are hoping that the upcoming estate of Bidadari, with a similar PQ[\WZaIVLKQ\aNZQVOMTWKI\QWV_QTTZMIXÅVIVKQITJMVMÅ\[NWZQ\[ZM[QLMV\[QV\PMN]\]ZM By Chang Hui Chew Figure 1 highlights the movement of property prices and transactions in Bishan. Over the period of analysis, quarterly median prices for non- landed private properties have nuctuated from around 1,100 psf, to just under 1,00 psf. These relatively large movements in prices as well as volumes are driven by new launches in the area. For instance, Q4 01 saw prices hit 1,9 psf due to the launch of the Moshe Safdie- designed Sky Habitat, close to Bishan MRT station. Each subsequent spike in price or volumes were due to new launches View of Bishan Park at sunrise. in the area. Q4 01 saw a rise in volumes due to the sale of units at Those of us who grew up in the Road shopping belt needed to be View, we examine the property market Thomson Impressions at Lorong 1980s might remember the ghost put to more productive uses than a in this former cemetery. Puntong, while transactions in Q4 stories of the era, of how on the memorial for those who have passed 2013 were driven by the sales of Sky newly built North-South line, one before. As such, the graves were The private property might see ethereal mgures on the exhumed from Bishan in the early market in Bishan Vue and Thomson Three. train as it passed through Bishan 1980s, and construction for Bishan late in the night. Before Singapore’s New Town commenced soon after. As part of the city fringe, Bishan’s Private property in Singapore independence, Bishan was already a private residential market has seen a however, is a long-term game. In the home for those who passed before, Today, Bishan has become a number of popular projects in recent short to medium terms, prices are a cemetery for the Cantonese and popular mature estate, with red years. While there are a small number likely to see nuctuation refer to Hakka communities of Singapore. brick faÎade H%B nats, beautiful of landed homes in the area, the private property market in the district Figure 2) as the property cycle waxes condominiums, a bustling mall and But an area in the city fringe popular primary and secondary is led by the non-landed private and wanes, in the long term, prices with easy access to the Orchard schools. In this edition of the Guru condominium sector. will see decent appreciation. Figure 1 : Non-landed residential price and transaction volumes in Bishan Figure 2 : Long term non-landed private property prices in Bishan 1800 800 1600 700 1400 600 Transaction volume 1200 500 1000 400 800 300 600 200 400 100 200 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 0 Q1 2000 Q3 2000 Q1 2001 Q3 2001 Q1 2002 Q3 2002 Q1 2003 Q3 2003 Q1 2004 Q3 2004 Q1 2005 Q3 2005 Q1 2006 Q3 2006 Q1 2007 Q3 2007 Q1 2008 Q3 2008 Q1 2009 Q3 2009 Q1 2010 Q3 2010 Q1 2011 Q3 2011 Q1 2012 Q3 2012 Q1 2013 Q3 2013 Q1 2014 Q3 2014 Q1 2015 Q3 2015 Q1 2016 Q3 2016 Q1 2017 2013 2013 2013 2013 2014 2014 2014 2014 2015 2015 2015 2015 2016 2016 2016 2016 2017 2017 Transaction volume Median $PSF Source: URA, PropertyGuru Analytics Source: URA, PropertyGuru Analytics
PROPERTYGURU 05 NEWS & VIEWS Figure 3 : Rental transactions and prices in Bishan Figure 4 : HDB transaction prices and volumes 500 3.5 140 580 450 3 400 120 560 350 2.5 Transaction volumes 100 Transaction volume Median $PSF PM 540 300 Median $PSF 2 80 250 520 1.5 60 200 500 150 1 40 100 480 0.5 20 50 0 460 0 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2013 2013 2013 2013 2014 2014 2014 2014 2015 2015 2015 2015 2016 2016 2016 2016 2017 2017 2013 2013 2013 2013 2014 2014 2014 2014 2015 2015 2015 2015 2016 2016 2016 2016 2017 2017 Transaction volume Median $PSF Transaction Volumes Median $PSF/PM Source: URA, PropertyGuru Analytics Source: HDB, PropertyGuru Analytics Condo rentals in Bishan move in the resale market for over a Bidadari the next Bishan buyers take the long-term view. Those million. Earlier this year, a mve-room considering the location need to It has been a tenant’s market in nat at Natura Loft sold for a record While some might wonder whether be aware, especially in the private the private condominium sector in $1.18 million, stunning the market. or not Bishan’s history of being a market, that sellers are likely to recent quarters. former graveyard is a reason behind “future-price” their properties, rather While the private property market its property market’s success, it than peg it to current market rates. Figure 3 highlights the rental in Bishan has been affected by the has far more tangible benemts that performance in Bishan, with volumes headwinds in the property market in have led to strong price appreciation That ebullience is already seen in on a steady uptick since Q2 2016. the past few years, the HDB resale over the years. Nearby Bidadari the aggressive bids for the mrst site Unfortunately for landlords however, market in this mature estate has been is also a former cemetery that has in Bidadari sold in the Government rental prices have been trending relatively stable. had its graves exhumed, with the Land Sales programme. The top bid downwards, with median rents hitting state making exciting plans for out of 12 was tendered by SPH and $2.80 psf per month in the second Figure 4 indicates that between the upcoming estate. Given this, a Kajima Corporation at $1.132 billion, quarter of this year. This is consistent 2013 and 2014, Bishan, a relatively question on many Singaporeans’ or about $1,181 psf per plot ratio. This with rental performance in the Rest of small estate, saw an average of 72 minds is if the housing market in this suggests a breakeven price of around Central Region thus far. HDB resale transactions per quarter. former cemetery do as well in the $1,500 to $1,600 psf, and a likely Since then, between 2015 to the long term as its older counterpart? launch price of around $1,800 psf. Weakened rental demand has second quarter of 2017, we’ve compressed gross annual yields to seen an average of 93 transactions Some of the key attractions In comparison, the Poiz 2.9 percent in Q2 2017, below the 3.4 that Bishan enjoys have also been per quarter. Residences in neighbouring Potong percent the market hit in Q1 2013. planned for Bidadari. Pasir saw a median transaction After costs of ownership are added Despite a trough in HDB median price of $1,372 psf in the month in, yields are likely to be negative. For instance, extensive greenery resale prices in 2014, prices have of August, according to developer and even a lake have been trended upwards since then, beating reported mgures from the Urban Given that rents are lacklustre at planned for the upcoming estate. A the overall market, with the Housing Redevelopment Authority. the moment, landlords should look development integrating the MRT Board’s Resale Price Index staying to tenanting units and offsetting any station, a retail mall and a private stable since Q3 2015. In the public housing market, mortgage payments, rather than condominium is also in the works at holding out for higher yields. Woodleigh. On the North East MRT Singaporeans have eschewed The reason for Bishan’s HDB line, Bidadari is also a short ride to superstition, oversubscribing for market’s continued performance is Before Duxton Dhoby Ghaut, providing convenient units launched by the state in recent due to a number of factors. It’s a access to central Singapore as well. Build-to-Order (BTO) exercises. For relatively small geographical area, Before the HDB units at Pinnacle@ instance, In February’s BTO exercise, located in the city fringe and minutes Duxton started trading at above a While Bidadari looks primed for 4,018 buyers applied for the 800 away by public transport from the million dollars, Bishan already made future growth, it is important that four-room units on offer. Orchard Road shopping belt. A headlines for selling billion dollar HDB popular suburban mall, Junction 8, maisonettes. Since 2012, there were serves the residents of the area, and t Bishan’s property market has seen strong long-term 20 units in Bishan that sold residents are in proximity to several capital appreciation in both the private and housing over the psychological mark of a green spaces, including Bishan Park sectors million dollars. and Macritchie Reservoir. t Key attractions include its city fringe location, Most of the units that sold above popular suburban malls, schools and its close PropertyGuru also understands proximity to parks and greenery a million dollars were maisonette units along Bishan Street 13, a short that several of the million dollar units t Bidadari has been planned with similar benemts, and distance from the interchange and being traded in Bishan were bought is likely to see strong long term capital appreciation by those cashing out of their private as well MRT station. Since the end of 2016, we’ve also seen units constructed properties, and were willing to pay t However, aggressive bids and prices set with future under the Design Build and Sell top dollar for preferred locations appreciation in mind could diminish future returns Scheme (DBSS) at Natura Loft and units.
06 PROPERTYGURU NEWS & VIEWS QEYE ON CHANGI Take to the skies Changi is probably best known for its award-winning airport, but it has so much more to offer, including remnants of a rich colonial past, plenty of food options and a rustic beach. By Joanne Poh View of the boardwalk along Changi Beach. “Existing parks like Mention Changi, and thoughts Battery Hill, Fairy Point Hill and Temple The famous Singapore Changi immediately turn to the thrill of a Hill towered. Airport was built on the site of holiday for which one inevitably Changi Air Base, taking over from the departs from Changi Airport. Visitors As late as 1927, less than a century previous international airport at Paya to the area are often enchanted by the balmy serenity of Changi Beach, ago, the area was sparsely populated with a tiny village, several bungalows, Lebar, which was in turn converted Changi Beach Park to a military air base. Extensive land fringed with palm trees. a temple, sago and coconut plantations and some very basic reclamation works were undertaken will be refreshed But to the residents of Changi, this area on the eastern end of Singapore, amenities such as a police station and hotel. beginning in 1975 to accommodate the airport, which has since expanded with new pavilions, bordered by Tampines and Pasir Ris, is as full of promise as it is idyllic. After 1927, Changi was developed into one of the world’s biggest and best airports. paths, shelters With its stunning sea views, it is easy to forget that Changi is also a into a military base, with remnants of this period in the area’s colonial past For teenagers and thrill-seekers and playgrounds. major aviation hub and has earned the moniker of the Central Business still standing today. However, when the Japanese landed during World War II, in Singapore, Changi also has an unsettling link to the supernatural world. On top of this, District of the East. they bypassed the eastern border of Singapore altogether, landing instead The grounds of the former Changi new attractions A dark past on the west coast. Hospital are often explored in the dead of night by intrepid ghost-hunters and and a refreshed The name Changi was in use as early as the beginning of the 19th Today, many stately colonial buildings such as the old Command HQ and urban explorers, and has even inspired a low-budget mlm. The abandoned Downtown East will century, although the origins of the word are still open to debate. Some the bungalows at Aloha Changi are a testament to Changi’s past. hospital’s claim to fame comes from attract families and its use during the Second World War believe the name Changi was derived from the Changal tree, which used to Changi’s status as an aviation hub as a prison camp and a hospital for friends who wish to Japanese soldiers. grow in the area. Others attribute it to the changi ular, a variety of shrub, or was born in the wartime years, when scores of prisoners of war were forced enjoy leisure A scenic place to work time together. ” the chengal pasir, a type of tree. to build an airstrip in the area by the Japanese occupiers. The airstrip was The area was, in the early 20th later taken over by the British Royal Despite any lingering eeriness that century, swathed in mangrove Air Force after the war, and mnally can be traced to its wartime past, the swamps and thick forest, above which passed on to the Singapore Air Force Changi of today is more business-like – Edmund Ee, the hills that were later christened in the 1970s. than ghostly. PropNex agent
PROPERTYGURU 07 NEWS & VIEWS Thanks to Changi Business Park, and business travellers, but also which was opened in 1997, the area Singaporeans whose idea of a fun has been transformed into an aviation, weekend is slipping down the world’s business and technology hub. tallest airport slide, shopping and dining at the airport’s dizzying array of Some distance from the hustle and options, and checking out planes on bustle of Changi Business Park lies the tarmac at the airport’s Terminal 1 Changi Village, which is very popular Viewing Gallery. with residents thanks to its quietness and proximity to the sea and Changi But avid plane spotters know that Beach Park. it’s not at the airport, but at Changi Beach Park where the best views of Melvin Loh, a lawyer living in the planes taking off and landing can be area, describes Changi as “nice and enjoyed. Plane-spotting isn’t the only quiet” and, despite being on the reason to visit Changi Beach, which eastern end of Singapore, “accessible has maintained a rustic atmosphere to the city centre”. He says, “The area and offers an idyllic backdrop for a Artist’s Impression near Flora Road and Flora Drive (off barbecue or a spot of camping. Upper Changi Road North) is next to Grandeur Park Residences is located near Tanah Merah MRT station. the expressway entrance and exit, The Changi Point Coastal which makes getting to town easy.” Walk, a 2.2 km long boardwalk, is PropNex property agent The units contain smart home another scenic experience boasting Edmund Ee identimes Grandeur features such as Wi-Fi cameras with His favourite spots include The unparalleled views of the waterfront. Park Residences as a noteworthy Coastal Settlement on Netheravon It also offers easy access to the ferry motion detection capabilities and residential development in the area. Road, a restaurant-cafe-bar swathed terminal from which bumboats depart night vision surveillance which enable in greenery, and Chock Full of Beans, for Pulau Ubin. a trendy cafe with a reputation for The 99-year leasehold homeowners to monitor their property cutesy latte art. A dazzling future condominium by CEL Development on the go. Residents can also control is located a stone’s throw from Tanah lighting, window and door sensors and For many visitors to the Changi A few new developments have Merah MRT station and is expected area, the main draw is Changi Airport, graced Changi’s shores in the last to receive its temporary occupation energy management using their unit’s which attracts not just holiday makers few years. permit at the end of 2021. smart home system.
08 PROPERTYGURU NEWS & VIEWS Residents have a lot more to to Terminals 1 to 3 and feature a range Figure 1: Non-landed private property sale median $PSF in District 17 of retail, dining, leisure and hotel look forward to in the coming years. 2600 Ee anticipates better parks and businesses when it opens in late 2018. 2200 sports and recreational facilities in Changi’s future. Ee says, “The opening of Project 1800 Jewel and Terminal 4 at Changi Airport Median $PSF 1400 “Existing parks like Changi will put Singapore in the spotlight as Beach Park will be refreshed with having the world’s best airport and 1000 new pavilions, paths, shelters and attract new tourism and hospitality 600 playgrounds. On top of this, new and employment opportunities.” attractions and a refreshed Downtown 200 East will attract families and friends Q1 2012 Q4 2012 Q3 2013 2012 Q4 2012 2013 Q3 2013 Q2 2013 Q3 2013 2014 Q2 2013 2014 Q1 2014 Q2 2014 Q1 2014 2015 Q4 2015 2014 Q1 2015 Q4 2015 Q3 2016 2015 Q4 2015 2016 Q3 2016 Q4 2016 Q3 2016 2017 Q2 2016 2017 Q1 2017 Q2 2017 Q3 2017 who wish to enjoy leisure time Did you know? Q3 Q2 Q1 Q2 Q1 Q4 Q1 Q4 Q3 Q4 Q3 Q2 Q3 Q2 Q1 Q2 Q1 Q2 Q1 Q4 Q3 together,” he says. Source: URA, PropertyGuru Analytics Changi Airport’s new Terminal 4 was On the commercial front, Ee is built on the site of the previous Budget just as optimistic. He says, “Changi Terminal, and is an impressive seven Business Park will continue its times the size of the latter. Figure 2: Non-landed private property rental median $PSF in District 17 expansion as a vibrant business 3.5 3.5 park and hub for employment. The Jewel at Changi Airport will contain Singapore University of Technology the world’s tallest indoor waterfall, and Design (SUTD) will offer 3 taking over from the current record potential tie-ups and collaborations Median $PSF / PM Median $PSF with businesses in the park, holder at Gardens by the Bay’s 2.5 2.5 while providing cutting-edge Cloud Forest. educational opportunities.” 2 Changi Beach looks beautiful by day, But the most exciting development but it is also the spot where many in Changi is surely the opening of 1.5 Chinese and Japanese were executed 1.5 Q1 Q3 Q2Q4 Q3Q1 Q4Q2 Q1Q3 Q2Q4 Q3Q1 Q4Q2 Q1Q3 Q2Q4 Q3Q1 Q4Q2 Q1Q3 Q2Q4 Q3Q1 Q4Q2 Q1Q3 Q2Q4 Q3Q1 Q4Q2 Q1Q3 Q2 Q3 Changi Airport’s newly-opened 2012 2012 2012 2013 2012 2013 2013 2013 2013 2014 2013 2014 2014 2014 2014 2015 2014 2015 2015 2015 2015 2016 2015 2016 2016 2016 2016 2017 2016 2017 2017 2017 2017 Terminal 4 and Project Jewel, a during and after the Second World War. Source: URA, PropertyGuru Analytics mixed-use complex that will connect
PROPERTYGURU 09 NEWS & VIEWS QPROJECT REVIEW Kandis Residence With an official launch pending, Kandis Residence is earning plenty of acclaim for its tranquil and beautiful surroundings. However, the new residential development also scores top marks for being accessible, with a bus stop and several eateries nearby. By Christopher Chitty smaller apartments. While an open kitchen looks modern, it creates some problems. The main issue is the cooking smells and smoke that wafts into the living room and other areas of the house, and makes the walls and furniture greasy. Having an enclosed kitchen is therefore a useful addition to the unit. With no yard space included, it does raise the question of where to dry the clothes – but more on that later. With a spacious design, the smaller unit won’t be affected by an enclosed kitchen as the high noor-to- ceiling height makes the unit look more expansive. High ceilings also benemt the bedrooms because it allows the homeowners to install furniture vertically, such as platform decks or double-decker beds for the children. For the master bedroom, it offers A scale model of Kandis Residence. (Photos: Christopher Chitty) owners more space to install grand lighting mxtures like a chandelier or other hanging lights to give the space Location analysis For those already living in the 2BR (797 sq ft) more character. area, Kandis Residence is a fantastic At the point where Admiralty Road property to consider when upgrading. It is uncommon to see a project Another unique feature can be intersects with Sembawang Road, the The location is tranquil and can be in Singapore be anything other than found in the common bathroom. latter leads into smaller lanes nanked standard, but the two-bedroom unit The layout is somewhat squarish with considered exclusive. The presence of by landed homes, Sembawang Park low and high shelves and cabinets for nearby conveniences is a bonus. at Kandis Residence stands out for and the Straits of Johor. storage. The wet and dry areas are its four-metre high ceilings and separated by a sliding glass door. Soon, Canberra MRT station, enclosed kitchen. Marketed as a “home in nature”, This is also where the washer and dryer Canberra Plaza and Sembawang can be found. Kandis Residence benemts greatly Sports and Community Hub will bring Having an enclosed kitchen offers from the surrounding greenery and a more vibrancy and connectivity to several benemts for the homeowners, So, to answer the question of where partial view of the sea for some high noor units. But its best attribute is its the area. especially for those living in to dry the clothes, look no further than proximity to a small stretch of shops and eateries which includes the famous Project analysis 1036 Live Seafood restaurant. Kandis Residence is a 130-unit Many people would consider this project spread across three seven- part of Singapore as being rather storey blocks and one three-storey secluded. Though not entirely wrong in block. There are only two- and three- their assessment, Kandis Residence’s bedroom units available. The fewer unit location is still good as it is within types at the 99-year leasehold project walking distance to nearby amenities translates to more value for buyers. and there are two bus stops on either side of the road. SMRT bus service 882 will bring residents to Sun Plaza where Developer Tuan Sing’s eye for detail there are F&B outlets, supermarkets is evident at the project’s shownat, and retail shops. The mall is located with its diverse and impressive two- next to the Sembawang MRT station and three-bedroom study units and bus interchange. being showcased. A small stretch of shops and eateries can be found nearby.
10 PROPERTYGURU NEWS & VIEWS The rooms come with high ceilings. There is hidden storage space for the washing machine in the bathroom. the bathroom. The washer and dryer for someone to do the laundry and For a three-bedroom study unit and exclusive environment that is when stacked, mt into a special space cooking simultaneously. The kitchen at Kandis Link, the asking price seems the project’s top attraction. Although built into the bathroom, hidden by a appliances are Bosch-branded. very competitive. Also, since the it doesn’t face the sea, some lucky tinted sliding door. On the other side project only has 130 units, it is likely buyers of high noor units may get views is the shower area, a spacious section Since there is a yard, the washer that the apartments will sell out quickly. of the Straits of Johor. that makes the most of the 54 sq ft and dryer is installed there instead bathroom. This particular layout is a of in the bathroom. There is also a Meanwhile, the median psf rental In addition, the units are one of the good model to follow as it makes the study room in this unit which can be price for District 27 is $2.38. The better options available in the market. most of a small space. converted into another bedroom or a average monthly rent for the three- High ceilings, enclosed kitchens, lavish large library. bedder works out to $2,900 after balconies and elegant layouts make for The bathroom design is composed factoring in a 20 percent new-build an excellent choice. of clean, straight lines that mrmly The common bedrooms can mt premium. As such, the average rental establish where each component is. a queen-size bed, while the master yield is 2.7 percent, which is relatively However, it is tough to do a price There’s also a lot more shelf space bedroom can easily hold a king-size good for an area comprising mainly calculation until the project launches. to place perfume bottles and other bed with additional space. freehold landed houses. Still, prospective buyers who like the toiletries. The light grey colour scheme area will not go wrong if they decide to gives the bathroom an elegant, hotel- Comparatively, the three-bedroom Summary make a purchase because the project like feel. unit may not seem as unique as the offers well-designed and spacious two-bedder as it doesn’t have the For those living outside District 27, units that are great for young couples 3BR (1,023 sq ft) enclosed kitchen and washer/dryer Kandis Residence may be considered or a growing family. Having said that, storage space, but it is still impressive a bit far. However, the 99-year it is important to note that there are The high ceiling with a living and with its large size and good layout. leasehold project is still accessible via several plots of land next to Kandis dining room of 334 sq ft, excluding the In fact, it’s suitable for a family of mve a bus service that runs along Kandis Residence. In time to come, these sites 86 sq ft balcony space, offers plenty of (if the study room is converted into Link and brings residents to Sun Plaza will be developed further, but when that space for the furniture. a bedroom). and Sembawang MRT station. In the will be hasn’t been determined. near future, both the Canberra MRT The room is rectangular and is Price analysis station and Canberra Plaza will be Regardless, this is a minor matched by an enclosed kitchen that accessible too. Several shops and inconvenience to bear for a fantastic is slightly smaller, but still spacious. Kandis Residence is due to be eateries are also a short walk away home. Kandis Residence is certainly The yard space is in the kitchen and launched soon, but for now, the indicative from Kandis Residence. one of the better projects in recent unlike other developments where it is price is approximately $1,250 psf. The years, and with only 130 units, it situated in a corner, this one is parallel average price of the 1,023 sq ft unit is But such conveniences aren’t the won’t be long before all the units are with the cooking area, making it easy expected to be about $1.3 million. main draw. Ironically, it is the tranquil snapped up. 5IFUISFFCFEEFSPGGFSTQMFOUZPGMJWJOHTQBDF 5IFNBTUFSCFESPPNDBOFBTJMZmUBLJOHTJ[FCFE
Buying a new home? Don’t be hit by an unwanted surprise. Read our Project Reviews for all you need to know about your desired home. Worried that your sea view will be out-of-view in a few months? Spooked by the thought of a new crematorium appearing next door? With Project Reviews, our refreshingly frank and in-depth analysis of new projects, you’ll learn everything from location and price to investment potential and more. To make better property decisions, get the Guru View. Make the right move. PropertyGuru Project Reviews -OST0ROPERTIESp-OST#HOICESp-OST0REFERRED
PROPERTYGURU NEWS & VIEWS QINTERNATIONAL SPOTLIGHT - MALAYSIA A bright spot for property investors Despite weak market sentiment, the weakening ringgit, stable rental yields, a slew of infrastructure improvements coupled with the completion of mega developments continue to attract foreign investors to Malaysia’s property market. By Michelle Yee An online news report by the New Straits Times revealed that the state recently scored a major deal with several Japanese corporations valued at nearly R. billion, which will not only boost the state’s economy but create more job opportunities The report added that the deal involves prominent players from Japan investing in the Tanjung Langsat Industrial Park in Pasir Gudang To date, numerous foreign multinational companies ./Cs have relocated their facilities to Johor including .icrosoft, which is building a data centre in Sedanak; Coca-Cola, too, has moved its previous location in Tuas, Singapore to Iskandar .alaysia; and Alibaba has announced plans to View of the Kuala Lumpur skyline. set up a logistics hub in Johor, which is slated to be completed by the end of 0 According to data from the .alaysian Industrial Development Authority .IDA , Johor’s View of the Kuala Lumpur skyline. manufacturing sector attracted more than R.8 billion in total proposed Despite the present challenging 5,000-unit luxury residential capital investment from January to September 06 – the highest among market condition and slowing economy development; 6. Land’s Suasana FAST FACTS caused by several factors such as Iskandar .alaysia, an integrated all the states in the country – with the ratio of domestic to foreign investment (Malaysia) low crude oil and commodity prices development comprising a 36-storey at 548 percent coupled with geo-political issues serviced residence tower, a hotel, worldwide, those looking for good as well as retail and entertainment 7VW\SH[PVU investment opportunities can still complex; and Shama .edini, Although there are concerns that Johor’s property market currently has 30.5 million eYpect to mnd good deals in .alaysia, a serviced apartment complex built an oversupply of residential projects, namely Johor Bahru, Kuala Lumpur on top of a shopping mall in the property consultancy JLL offered some and .alacca, eYperts said ;V[HSHYLH mixed-use development of 6.City assurance that this issue will be .edini Lakeside solved once these factories and 330,803 sq km Although the property market in ofmces are opened, bringing with them Johor Bahru has been lacklustre since Local developers are bracing for potential tenants the beginning of the year, especially *\YYLUJ` an extended quiet period as potential with $hinas capital controls on outnow Buying guide Ringgit buyers and investors are now spoilt for of funds to overseas investments, choice with numerous ongoing projects experts feel that the market will gain “For the state of Johor, there is a giving generous incentives and .+7WLYJHWP[H strength upon recovery of the national rebates /evertheless, we note that the minimum R. million S30,864 US$9,503 (2016) and regional economy purchase price required for foreigners secondary market for landed properties below R.600,000 S,58 per unit There is an exemption however in As such, foreign buyers are .edini, where foreigners can purchase .+7NYV^[O well-positioned to make a foray into are still in demand at any price point, even below R. 5.0 percent Johor Bahru’s property market, where million Foreigners also have to make property prices are lower than in Why invest in Johor Bahru? a one-off payment of 0 percent of neighbouring Singapore, and there are the purchase price for every purchase -\[\YL[YHUZWVY[ also plenty of choices A booming economy Otherwise the rules for foreigners are High Speed Rail between pretty similar to .alaysians KL and Singapore Some of the projects that are A slew of infrastructure available for buyers’ selection include improvements and mega “Property tax rates, maintenance the famous four-island, integrated developments, coupled with plenty fees, mre insurance, are all charged at Distance between project Forest City, developed by of foreign direct investments, look the same rates whether the buyer is a Singapore and KL: Chinese developer Country Garden; set to help Johor Bahru achieve its foreigner or .alaysian &ven banks in 354 km Pengerang Integrated Petroleum goal of becoming the new economic .alaysia are quite open to mnancing Complex; Senibong Cove – a 84ha, powerhouse in the country from Singaporeans, who can typically continued on page 14
The New Heartbeat of Kuala Lumpur, Malaysia Bukit Bintang City Centre (BBCC) is a visionary, state-of-the-art integrated development designed to complement and enhance the city’s cosmopolitan vibe. KL Tower KLCC BBCC Twin Towers Kuala Lumpur, Malaysia Own a piece of the spectacular Come visit us at Malaysia Property Show 2017 30th September & 1st October 2017, 11am - 7pm | The St. Regis Singapore, Level 1U, John Jacob Ballroom
4 PROPERTYGURU NEWS & VIEWS Continued from page 12 mnance 0 to 80 percent of the property &ddy Wong, managing director value,” said Ryan Khoo, director at Alpha .arketing at /awawi Tie Leung added, “In KL city centre, the TR9 project looks very Guide to investing in Malaysia exciting It is positioned as the new Malaysia Abundant investment Central Business District for KL opportunities in “The project will encompass an Foreign investment restriction Foreign investors can purchase 0DOD\VLD·VFDSLWDO area of 0 acres, with some 0 million freehold and leasehold land priced sq ft of ofmce space, a two million sq above R. million or R. million According to experts, those looking ft retail mall and about 3,800 units in some states But some minor to invest in .alaysia’s bustling capital of residences It will have excellent restrictions remain city might want to consider entering connectivity, with easy access to the market now, as prices of luxury highways such as the .aju &xpressway Tax for transaction Goods and Services Tax (GST) properties are at an all-time low, and the S.ART tunnel as well as an Tax rate is based on the sale price 6% offering buyers with plenty of “value for .RT station” unless stated separately money” deals Charming Malacca Real Property Gains Tax (RPGT) “Generally, prices of KLCC luxury 5% to 30% properties on the secondary market draws investors Depending on property owner and have dropped around 0 percent to 5 holding period Located just 5 hours by car from percent from two years ago,” said Janet Singapore, the historic and charming Chong, team manager at Hartamas Stamp Duty city of .alacca is fast becoming a Real &state O6G % to 3% hotspot for investors, thanks to a slew of mega developments that are currently “Units at ViPod Residences underway Strong tourist arrivals are @ KLCC used to be sold at an average another plus point for investors – Tax for holding Quit Rent: of R.,600 psf S53 psf two years revealed a report by Hatten Group, Tax rate is based on rental income Amount varies and depends on the ago, but recently, I closed a deal there tourist receipts grew by 35 percent unless stated separately category of the land and si[e at R.,00 psf S385 psf ,” in 05, the highest annual growth Chong noted since 00 And with the impending Assessment fee R.4 billion .elaka Gateway project, .aximum 35% Sharing his thoughts on why .alacca’s popularity as a tourism investors should look to .alaysia’s destination is set to rise capital city, &rick Kho, C&O of Investment loan term Up to 0-year term, .apleland Properties said, “KLCC According to reports, real estate 85% to 0% LTV ratio is certainly not affordable but it is values in .alacca have also shot up full of potential as KL is the capital by more than 400 percent over the city of .alaysia, a place where past few years, from R.50 psf S84 multinational corporations ./Cs and psf in 008 to R.,00 psf S36 psf Interest rate on commercial Priced against Base Rate which is big corporations will want to have a in 05, thanks to the above-mentioned lending 365% to 40% presence Once the economy recovers, reasons, as well as its U/&SCO world there will be increased demand for heritage status, which was awarded Source $B3& 3esearch Asia 1acimc *nvestment (uide residential property here in 008 “.ajor infrastructure developments, And experts say that prices city is the completion of several mega bungalows with private marinas, tourist such as the .RT, Tun Ra[ak &xchange are likely to continue an upward projects, namely Harbour City and eco-parks, theme parks and ports for TR9 and the future High Speed trend, attributed by upcoming mega SATORI – both developed by the cruise ships Rail HSR will support the growth of developments and the HSR Singapore &xchange listed, multi-award these areas by creating more job and The precincts are Gateway winning Hatten Land business opportunities “.alacca has seen a steady &ntertainment Precinct, .elaka .arina increase in land prices over the years Cruise Centre, .elaka Historical “As the mega projects take place With the HSR having a stop in .alacca, The former, which features a Walk, Gateway .aritime Arena gradually, there will be a spillover effect we will see tourism growing at an even 30-storey building resembling a huge Beacon, Branded Fashion District, onto the neighbouring areas such as more rapid pace, especially around the ship, reminiscent of .alacca’s history International Theme Park, .elaka .ont’Kiara, Damansara Heights and Air Keroh, Krubong, Durian Tunggal as a famous port, will combine three Cultural Walk, Waterfront .arina .id Valley” and Gapam areas elements in one development - an Villas Resorts, Gateway Wellness aquatic-themed shopping mall, a mve- Lifestyle Precinct, .elaka Skyline Why invest in Kuala Lumpur? “Furthermore, as the house prices in Seremban have increased star hotel and a 500,000 sq ft water Apartments, Lohas Park Residences Bright prospects due to completion of tremendously in the past few years, theme park, while the latter, which and &co Isle Resorts major developments .alacca will be the next “suburb” is the state’s mrst wellness-themed option for those who work in Klang mixed development, will consist of Once completed in 05, the “KL city area will continue to be Valley as they can commute via the serviced suites, an 85,50 sq ft retail marina terminal is expected to be vibrant as major top global hospitality HSR There will be a growing demand the largest private marina in mall, a 336-room hotel, and more than brands such as Kempinski, Rit[ Carlton for residential properties in the area Southeast Asia and this would cause an increase in 50 world-class facilities Residences and W Hotel will be entering the KL market There are also property prices down the road,” Datuk Buying guide new brands planning to expand their Anthony Adam Cho, branch chairman of The upcoming .alacca Gateway presence in KL including SO Somtel, the Real &state Housing Developers Project, which will comprise Association .alaysia R&HDA was As compared to the other .alaysian Jumeirah and Waldolf Astoria precincts, is also set to attract visitors quoted as saying in a recent interview cities, restrictions on foreign property from around the world and boost the ownership in .alacca are not as “Besides that, the upcoming state’s economy Developed by KAJ release of ofmce space and residential Why invest in Malacca? rigid Foreigners only need to make a Development the master developer minimum investment of R.500,000 developments in the TR9 area will A slew of projects set to redemne of the project and Powerchina S60,43 , versus R. million create another boom due to its position the city as .alaysia’s mnancial district,” shared International Group, some of the S30,864 in KL and Penang’s &ric Lim, group managing director at Another factor that is set to attract planned facilities include a marina R. million to R. million S30,864 Hartamas Real &state even more tourists to this charming for yachts, luxury condominiums and to S64,
16 PROPERTYGURU NEWS & VIEWS COVER STORY 5 most haunted places in Singapore Singaporeans continue to be fascinated by the spiritual world despite the country’s modernity and rapid urbanisation. Almost everyone you talk to from schoolchildren to taxi drivers has a ghost story to share. In this issue, we visit five locations that are believed to be the most haunted in Singapore. By Romesh Navaratnarajah The Pasir Ris Tower can be a scary place to be at night. (Photos: Christopher Chitty) The Ghost Month, which is “As a hotbed for immigration, Singapore deity. I can’t quite recall what was said, should always seek professional help traditionally an inauspicious time to buy is always open to supernatural just that it was surreal.” and should not attempt to handle the property or get married, just ended on invasions,” he said. matter themselves. 19 September. The Chinese believe that But you don’t have to go to a remote ghosts roam freely on the earth during Hanging out with spirits location such as Pulau Ubin to have “Paranormal investigators are happy this period, and you may have seen a haunting experience. Homes and to help and they won’t accept payment, families making food offerings Chan has over mve years of ofmces can also be haunted. “Common and burning paper money to appease experience in this meld and a few occurrences such as cold spots, just permission to mlm and document the the spirits. scary stories to share. But his most missing items and furniture being process,” he said. memorable experience was the time he moved are tell-tale signs that something There are many places in Singapore and a group of friends spent the night might be going on,” said Chan. “Let them help identify if you have with a grisly past, and one reason for on Pulau Ubin with a spirit medium. a haunting and then get their advice this is due to the atrocities committed by He noted that in more serious cases, on how to proceed.” He added that the Japanese army during World War II, people can be troubled by nightmares, religious authorities and genuine spirit Recalling the incident, he said: said one paranormal investigator who see shadowy mgures and hear voices in mediums can also provide help. “Our spirit medium was temporarily wanted to be known only as Mr Chan. their homes. possessed by Tua Pek Kong (Chinese deity) who then proceeded to speak to Meanwhile, with Halloween coming He added that while ghosts tend to Who you gonna call? be stuck to where they died, spirits and us for a few hours at his temple. soon, the PropertyGuru team decided other supernatural entities can attach So, what should you do if you to compile a list of the mve most haunted themselves to people or objects and “I’ve encountered ghosts, but that suspect your house is haunted? places in Singapore based on extensive therefore “migrate” to other countries. was the mrst time I ever encountered a According to Chan, homeowners research and feedback from the public.
PROPERTYGURU 17 NEWS & VIEWS 1 2 3 1. Amber Beacon 2. German Girl Shrine 3. Old Changi 4. Pasir Ris Tower 5. Pulau Tekong Tower Pulau Ubin Hospital Pasir Ris Park North-Eastern Island East Coast Park Halton Road, Changi A small shrine erected in Located within a mangrove Many Singaporeans who The observation tower is the 1970s at the western side The disused hospital forest, the three-storey bird- have gone through National believed to be haunted by the of the island reportedly houses is considered to be one of watching tower is sometimes Service have heard lots of spirit of a young woman who the remains of an unidentimed the most haunted places in stories about paranormal called the ‘Suicide Tower’. One was murdered there one night German girl, the daughter of Singapore. Built in the 1930s activities on the island. Used urban legend is that a boy in May 1990 after she and her plantation owners who lived to support British troops, the as a military training camp jumped from the tower after boyfriend were stabbed by there in the 1910s. Shortly after Japanese army later used for recruits, the most famous seeing a ghostly mgure. Before two attackers whilst out on a the First World War broke out, it to house more than tale is about a recruit who date. Despite his wounds, he the British military detained her he died, he told his friends went missing during a route 50,000 prisoners of war. managed to stumble away but family, but she escaped. A few that something pushed him. march and was later found Many of them are believed to she died. To this day, the case villagers discovered her body There have also reportedly disembowelled. Several have been tortured there. It has never been solved as the several days later. been sightings of a pontianak online forums have also was closed in 1997 and perpetrators couldn’t (female vampire in Malay). mentioned numerous is now under tight security be identimed. Today, she is revered pontianak sightings. to stop ‘ghost hunters’ by some people who call When Property Guru from trespassing. One paranormal investigator her Lady Datuk, and there’s Speaking on condition recently visited the site during who visited the tower told even a Barbie doll used to of anonymity, one former A former national the day, several people PropertyGuru that he saw a represent her. Gamblers have national serviceman serviceman, who declined to mentioned that they had heard shadowy mgure believed to been known to make offerings recounted hearing voices of a be named, told PropertyGuru the stories. One elderly man be of the woman, and even to her for good luck. A few little girl in his bunk. He also that his unit was once made walking his dog said that communicated with her using years back, a local mlmmaker shared that his platoon mate an electromagnetic meld meter made a documentary to try to do a conmdent walk through he didn’t believe it, while a was often airlifted to hospital (EMF). He claimed she was and uncover her identity. the hospital at night as teenage boy shared that he after becoming violently ill, receptive and friendly, but More details at: www.frische- punishment. “That was very had been there at night and which he believes was due to there was a sense of sadness. medien.de/kunden/fgg/ scary,” he said. felt something sinister. spirit possession. 4 5 Photo: Wikimedia Commons
You can also read