New Launch Illuminaire@Devonshire Road - District 9 - Orchard Road. A Sure Sell-Out Development

Illuminaire consists of 72 units in total. 1 bedroom-36 units, 2 bedroom-30 units & 3 bedroom-6 units. OCBC Interest Absorption Scheme applies for this development. The VVIP Preview is schedule on 9th April, which falls on the coming Thursday.

Illuminaire@Devonshire is a project worth to invest:

1) Location - Central Prime District 9. High-Net Worth Project.

2) Due to Orchard Road and Mt. Elizabeth Hospital, it is proven record that Somerset Area is well-received by foreigners/foreign investors especially Indonesians.

3) In term of the Rental Yield returns. (Approx 5.5%). Positive Rental yield with residual income per monthly based on 80% mortgage / 30 years loan tenure.

4) Capital Appreciation in Year 2012 when the project TOP nicely in time. Expected baseline psf at S$2300 minimum at end 2012 when financial market stabilises.

5) During the previous financial boom at Year 2007, The Metz, which is Illuminaire’s neighbour, clocked a high S$2600 psf.

6) Unit Sizes are good as being small therefore future resale potential would be better than i.e: Suites@Central as the quantum amount would be lower compared.

7) Freehold Tenure. (In which 99 year leasehold are not considered as an asset in Singapore.)

Showflat for Illuminaire@Devonshire is situated at Kg Java Road, not on the actual development site. At Newton Circus round-about, Kg Java Road is in between Newton and Bukit Timah exit, you will see the showflat on the right after turning in(Previous Parc Centinnial Showflat).


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