Sunday, September 9, 2007

Strata Landed Homes

What are strata-titled landed homes or cluster housing projects?

Strata-titled homes are homes like terraces/bungalows build on a land that is owned and shared by all the owners (just like condo). Thus these homes come with strata titles and not land titles. Communal facilities and security features may be included in a project.

With such a title, these cluster projects can go for collective sales if minimum consensus is reached (ie 80% for projects >10yrs, and 90% for projects <= 10yrs). Owners are not allowed to tear down and rebuild their houses, or make any A&A. However, foreigners may find it easier to get approval to buy these landed homes.

Some cluster housing projects:
(1) Bungalows @Hua Guan Ave
6 FH bungalows from 4200 - 4500 sf. ~$1,280 psf of built-up area or >$5.4m.
(2) Dunsfold 18 @Dunsfold Dr
18 FH bungalows from 4,155 - 4,499 sf. ~$780 psf of built-up are or >$3m.
(3) Siglap 33 @Siglap Hill
6 FH bungalows from 3,498 - 4,284 sf.
(4) Westmont @West Coast Rd
9 FH terraces and 2 semi-D. Terraces from 2,820 - 3, 498 sf, Semi-D from 2,949 - 3,079 sf.
(5) Dalla Vale @Springleaf Ave
60 semi-D from 3,218 - 3,261 sf, >$2.1m.
(6) Lornie 18 @Lornie Rd
18 FH bungalows from 4,392 - 4,930 sf, ~$1,150 psf of built-up area or >$5m.
(7) Hillcrest Villas @Hillcrest Rd
168 LH terraces, ~3,100 sf.
(8) Illoura @Old Holland Rd
28 FH Semi-D, ~4,000 sf, >$4.5m.
(9) Kings' 8 @Kings Rd
8 FH detached house from 4,898 - 5,414 sf, >$5.25m.

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