With the Singapore dollar strengthening against the Australian dollar, and with property prices and demand rising in the Australia, in particular Sydney, now could the the right time to jump onto the bandwagon. Especially as there is something coming up which could very well be worth buying into.
Photo credit: Crown Group Holdings
A new residential-cum-hotel project at the corner of Bourke Street and Botany Road, helmed by Crown Group Holdings will yield 75 hotel suites, and 326 luxury apartments ranging from 37 sq m one-bedders to 138 sq m three-bedroom units with prices starting at A$650,000. Considering that is about the price of a four or five-room resale HDB flat in Singapore, the prestigious address with potential of appreciation and rental profits could be well worth its every inch.
Named The Infinity, this spanking new 20-storey project is situated in central Sydney, within the Green Square Urban Renewal Area. Designed by Koichi Takada Architects, it has clinched the Urban Development Institute of Australia New South Wales Concept Design award last year. Aside from the hotel and residential units, it will also feature a 1,180 sq m open-air garden plaza and a myriad of retail outlets and eateries.
Photo credit: Crown Group Holdings
Its prime location near Sydney’s Central Business District and universities, will no doubt raise its market value but quite a few points. To be completed by 2019, it will also be situated near the Green Square train station. Consdiering Sydney’s town planning has brought quite a bit of day and night life to the town centres and CBD, apartments in town have always been popular fodder for investors.
Exact prices of the apartments will be realised on 29 August.
