Developer Fantasia Investment has simplest one project beneath its belt right here but the company sees masses of opportunity within the local property area.
Managing director Wang Lian said yesterday: “It’s not so easy to predict Singapore’s market in the short term, but in the long time, we’re confident that the marketplace here has desirable price.
“Singapore is a strategic city for us, as South-east Asia is the subsequent hope. In China, the property market is even worse; no market value.”
Mr Wang turned into speaking to The Straits times at the launch of LifeUp, an software with a view to be made available to resident at 6 Derbyshire, its the first development here.
Other nearby development along the road include 26 Newton, which are nearer to shopping mall and 2 MRT; Novena MRT and Newton MRT.
The app, which took two years to create, allows residents to book facilities and make payments, as well as to govern home equipment inside the domestic along with air-conditioners and tv units. The development, that’s touted as a “smart condo”, also boasts facilities which includes facial reputation gadgets for citizens to get right of entry to common centers like the gymnasium, as well as vehicle plate reputation systems. Residential and commercial buildings alike can do much more with technology to improve ease of living of their tenants by making use of smart sensors and other event-driven technology. Reading up on this blog post about smart building may help you understand these aspects further, if interested.
Mr Andrew Tan, business development and income director of clever Gateway, a Fantasia investment unit behind the app, stated potential consumers sense that the additional “smart home” features will appeal to renters. This means that we could see this app being used in some of the most popular condos around, such as the Aqua Naples, Florida development.
More than 70% sold of 168 residential units in Novena- especially three-bedders and above – usually to Singaporeans, said Mr Wang. One-bedders, which start at 44 sqm, are priced from $1.1 million at the same time as three-bedroom units – they’re 93 sqm and above – are going for $1.8 million and upwards.
Mr Wang stated Fantasia Investment is keen to awareness on the luxury property segment because it sees more opportunity there, no matter declining charges.
The firm is a subsidiary of Hong Kong-indexed chinese language developer Fantasia Holdings. Its commercial enterprise in Singapore is made from property development, apartment dealing with agent company clever assets management and IT solutions agency smart Gateway.
Various “smart home” ideas have been unveiled recently.
Chinese developer Qingjian unveiled its “Internet-ready smart home” idea on Wednesday for its iNz Residence Executive Condo (EC) in Choa Chu Kang.
A collaboration with a local broadband provider will see units equipped fitted with 1 Gbps fibre broadband. Of course, units can look into other packages, like the cox internet packages, if they have different needs. Packages are ideal for residents who want to want cable TV bundles and like to stream programs.
Singtel will also offer loose net for 12 months to residents of the 497-unit EC and offer wireless offerings in the common area such as the gym and by the pool.
A homebuyer can pick from various applications to consist of different smart home appliances, such as washing machines, lighting fixtures, and air-conditioners, that can be managed remotely thru an app. If their current appliances are not working as well as they should be to be connected to a ‘smart home’ they may want to find out how they can be fixed/upgraded by going onto websites such as homealliance.com for more information.
The showflat will be open to the public today, with sales starting on March 11. Prices of two-bedroom units start from $500,000.
Source: http://www.straitstimes.com/business/app-launched-for-smart-condo-residents
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