The Creston Residence Floor Plan Diaries

Creston Residence is a freehold new launch development located at Still Road, District 15 in Singapore. It will consist of a single tower of 5 storey high, with carpark located at the first storey.

Creston Residence is located near to upcoming Marine Parade MRT, hence provides lots of convenience to the residents staying here. It is near to a lot of top schools, such as Tao Nan School, CHIJ Katong Primary, Haig Girls’ School and many others. It is also within walking distance to shopping mall like I12 Katong, Parkway Parade, Katong shopping centre for residents to buy their grocery and do their shopping. During the weekends, the residents staying here can take a short stroll to East Coast Park to do their recreational activities.

Creston Residence is developed by developer, Melville Pte Ltd, which is under the property arm of Crescendas. a multi-industry local company, with a diversified portfolio which includes property, technology, investment and others.

Let's say your home is worth $400,000 and your equity is $60,000. Suppose you employ a real estate agent who charges the customary 6% commission. Even is dwelling sells for their value, you'll end up paying the agent 24,000. There goes 40% of the equity. There goes a valuable chunk of real, hard cash that is not to be recouped.

In a nutshell, in respect to Don, GDP growth = Job growth = Population growth = Job Growth = Population Growth = Increased rental demand (12 months later) = Increased rents = Property purchase demand (18 months later) which eventually leads to property price increases.

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