|Project Name||Muse @ Newton
|Address||29 Newton Road Singapore 307959|
|Tenure||Estate in Fee Simple (Freehold)|
|Site Area||30,298 sqft|
|Gross Floor Area||42,471 sqft|
|No of Blocks||1 Block|
|No of Storeys||06|
|No of Units||Approximately 50 Units|
|TOP||To Be Advised|
Muse at Newton Freehold Condo by Amara Holdings
Muse @ Newton is a new freehold development located near to Newton MRT Station at 29 Newton Road in the prestigious District 11 in Singapore. With expected completion in 2018, there will be an estimated 55 units in the development and stands at 6 storeys tall. It is located near to the Orchard Shopping District as well as the Novena Medical Centre. Plenty of shopping centres as well as food selections are located near to Muse @ Newton by Amara Holdings. Amara Holdings group started its first hotel in Thailand in the year 2015 and has since built others. The group is striving to offer unique brands that will give their clients value for their money and personalized service.
Easily Accessible Location of Muse @ Newton
Muse @ Newton is located along the main Newton Road so the development is easily accessible via driving. Owners will not be bothered by the noise along the main road as it is tuck in a quiet corner of Newton Road. Therefore, the development represents an ideal core city centre condo that is of freehold tenure that is located right in the city. Usually, most new developments especially in the city centre are 99 years development but Muse @ Newton is of freehold tenure.
Freehold Vs Leasehold Developments in Singapore
Freehold developments are a better choice than leasehold developments as the owners do not have to worry that their lease will run out. Freehold developments also have better upside potential especially in land scare Singapore where there will always be a pool of buyers looking for freehold developments. Generally, leasehold developments value will also drop when the tenure of the land approaches to zero.