New Terrace Housing Development in Singapore Achieves Top-Tier Green Mark Platinum Award

Online, July 18, 2012 (Newswire.com) - A new terrace housing development, called Haus@Serangoon Garden, wins Singapore's Building and Construction Authority (BCA) Green Mark Platinum award.

Haus@Serangoon Garden has been specially designed to use both passive and active green building techniques and methods. This ensure that Haus@ Serangoon Garden is able to achieve a comprehensive sustainable design from the beginning. Each terrace unit will be equipped with state of the art green technology. The investment in green technology is to improve energy and water efficiency.

The developer, City Developments Ltd, has invested heavily in the development of the estate's green innovations. The combination of various green innovations will be expected reduce energy usage for each house by up to 40 percent.

Haus @ Serangoon Garden will be a landmark residential development as the green innovations implemented will result in significant savings over the long term period.

In other areas in Singapore, demand for landed property in Singapore has been enjoying steady increases in the past two years. The limited stock of landed homes are fast becoming a prized assets among the investors. Buyers are typically Singaporean who requires more space than a typical condominium. Thus, landed home prices may continue to outperform apartments and condominium. New supply of landed properties remains limited, providing some degree of support notwithstanding an future economic slowdown.

As Singapore government releases more land for non-landed developments to cope with increasing demand from a rising population, the proportion of landed properties came down from 35.3 per cent of total housing stock in 2000 to 26.3 per cent in 2011.

Local Singaporean looking to invest in landed properties in Singapore should check out http://www.BuyRentSingapore.com , to get an overview of the project and the latest promotional offers.