Stirling Residences 21 Stirling Rd, Singapore Last updated on 2018 April 04 06:04
|Property Type||Apartment / Condo|
|Developer||Logan Property & Nanshan Group|
Ready for Preview. 30th June 2018
Stirling Residences, one of the most talk-about project in the Prime District 3, will be available for Exclusive VIP Preview on 30th June. Featuring 3 towers of 40 storeys - 1259 Choice Units. With all the units orientated in North-South facing, our exclusive high floor units enjoy the perfect sea view of the Southern Waterfront.
Stirling Residences' enjoys a prime location next to Queenstown MRT Station. Its residents will appreciate the conveniences that are integrated into its 3 well-developed neighbourhoods - Queenstown, Redhill, Tiong Bahru.
Stirling Residences presents an unrivalled accessibility to Central Business District, NUH/NUS, One-North, Biopolis, Fusionopolis, Singapore Science Park. Take joy in the tranquility afforded to Stirling Residences yet within the heart of everyday's convenience.
With over 80 amenities in this development including Child Care Centre, a beautiful Star-Gazing Lawn, picturesque Landscaping and 18 Sky Terraces, stay in the heart of the city centre yet retreat into your home of peace and tranquility.
Choice units of 1 / 2 / 3 / 4 Bedrooms and Penthouses available.
Just three months ago, an executive apartment at Block 148 Mei Ling Street sold for a record $1.08 million.
Close to Queenstown MRT station and Anchorpoint Shopping Centre, the 1,615 sq ft unit, which is situated on a higher floor, has a balance lease of about 76 years and sold for about $669 psf on the built-up area.
With another unit in Queenstown breaching the million dollar mark, property prices for private and public housing are bullish in this mature estate well-known for its centralised location with amenities.
1. Booking the property & Signing of Sale and Purchase Agreement (5% Booking Fee, Cash Only)
To confirm a unit at Stirling Residences, you will have to put down a 5% booking fee (Cheque / Cashier's Order), and you will be granted the Option to Purchase (OTP). The developer will then mail to you the Sale and Purchase (S&P) Agreement within 1 – 2 weeks. Upon receipt, you will be given 3 weeks from this date to exercise the S&P.
2. Stamp Duty (4% less $15,400, Cash and/or CPF)
Within 14 days of signing the S&P agreement (or within 30 days if the agreement is signed overseas), you will have to pay the Stamp Duty, which is 4% of the purchase price less $15,400. Under certain circumstances, such as when Singaporeans buy a 2nd property (or beyond), you may have to pay an Additional Buyer’s Stamp Duty. Stamp duties can be paid using Cash and/or CPF.
3. Sales Completion Date (15%, Cash and/or CPF)
8 weeks from the day the option money is paid, you will have to pay the remaining 15%. You can use your CPF to pay for this and any remaining shortfall will be paid for by Cash. Also do remember that this amount will depend on your LTV, e.g. if your LTV is 70% then the balance amount to be paid is 25%. Progressive payment of your loan will also commence according to stage of construction.
The progressive payment scheme applies to Stirling Residences which is in the process of being built. You as the buyer, will have to make instalment payments, in tandem with the construction progress – hence the term, Progressive Payments. The instalments are paid in stages, all the way until you receive your Certificate of Statutory Completion (CSC).
Am I Eligible to Invest or Buy a New Property?
Let us break down the processes into a quick step-by-step guide.
Looking for a property in Queenstown?
Find out more about Queens Peak that is almost 93% Sold.
Seamlessly connecting you to the Central Business District, Orchard Road, Marina Bay and the Southern Waterfront areas,
right up to the Changi Airport. Bringing together the future North-South Line, the new Thomson-East Coast Line and
the planned High-Speed Rail to Kuala Lumpur within easy reach.
It will also be well connected to arterial roads and expressways such as Alexandra Road, Tanglin Road and Ayer Rajah Expressway.
As the rejuvenation of Queenstown estate is coming to a completion by 2020, residents in the area can enjoy newer amenities with thoughtful additions to make this mature estate one of the most-sought after residential area in Singapore.
Families with school going children can select from a wide choice of schools. Many good schools such as Queenstown Primary and Secondary School, Queensway Secondary School, Crescent Girls' School, Alexandra Primary School, Gan Eng Seng Secondary School, Anglo-Chinese Junior College (ACJC), Management Development Institute of Singapore (MDIS), Singapore Polytechnic and National University of Singapore (NUS) are in close proximity.