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Twin Peaks

ABOUT

Twin Peaks Singapore – Beautifully and luxuriously planned by renowned designers such as Hans Wegner, Gerrit T. Rietveld, Charles & Ray Eames, Tom Dixon and Matthew Hilton, OUE Twin Peaks is an icononic development which stands at the prestigious 33 Leonie Hill Road, District 9 of Singapore. Though situated in an oasis of serenity, OUE Twin Peaks is only minutes walk to the well known shopping haven of Singapore, Orchard Road. OUE Twin Peaks’s luxurious facilities include lush tropical gardens and artful lighting and exotic artwork installations in the glistening waters of the resort-style swimming pool. It provides a magnificent escape at the doorstep of your own home replete with a choice of luxurious amenities such as stylish jet spas, exclusive dining suites and state-of-the-art triple volume sky gyms offering inspiring views of the city. Open-air Sky Loggias on the 36th storey, together with a rooftop bar, form the perfect setting for private parties against the backdrop of a glittering skyline of Singapore.

Whitehaven Condo

Twin Peaks Singapore

Deferred Payment Scheme

Original Article Source From www.theedgeproperty.com.sg

According to market sources, OUE Limited is offering two new payment schemes for OUE Twin Peaks – a 462-unit condominium development on Leonie Hill Road. The schemes are considered as a private arrangement between the buyer and seller as the project has obtained the Certificate of Statutory Completion (CSC).

Under the first scheme, also referred as the delayed payment scheme, buyers can put down a 20% upfront payment and exercise the option by December 30, 2016. Buyers who are liable to pay Additional Buyer’s Stamp Duty today would stand to gain if the government tweaks the ABSD requirement. On the second day of the Budget debate on Tuesday, member of Parliament Christopher de Souza urged the government to review the ABSD for Singaporeans.

The second scheme allows buyers to pay a 20% upfront payment for the issuance of the options to purchase and to pay the balance two or three years later. It is similar to the deferred payment scheme, which the government withdrew in 2007 for properties that have not obtained CSC.

Buyers have to exercise the option within two weeks and pay the normal stamp duty plus ABSD where applicable. They can collect the keys to their units and occupy or rent them out immediately.

Both schemes are considered as a private treaty between the buyer and the seller. Under the second scheme, we understand that the title deed will be held by the developer until the buyer pays the balance 80% due to the developer.

One advantage of the second scheme is a two- to three-year savings in interest payment. At the same time, buyers can continue earning interest on their CPF and receive rental income. Buyers who are currently constrained by the total debt servicing ratio or loan to value requirements can also take advantage of this scheme. This gives them more time to dispose of other properties and secure a higher loan quantum when the 80% payment is due.

More information, please visit http://www.theedgeproperty.com.sg/content/creative-schemes-move-unsold-units

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INFORMATION

OUE Twin Peaks Facts and Information

Facts About The Development
  • Project Name: OUE @ Twin Peaks
  • Address: 33 Leonie Hill Road 239197
  • District: 09
  • Nearest MRT: Somerset MRT Station (0.53km)
  • Tenure: 99 year leasehold
  • TOP: Feb 2015
Building Information
  • Developer: Cove Development Pte Ltd
  • Total Units: 462 Residential Units
  • Total Blocks: 2 Tower Blocks
  • No of Storeys: 36
  • Site Area: Approx. 130,982 sqft
Facilities
C
ondo facilities include: Swimming Pool, Pavilion Garden with Cabanas, Children's Pool, Steam Rooms, Jacuzzi, Spa Pool, Laundry Room, Library, Lounge, BBQ Pits, Tennis Court, The Santuary, The Pavillion, The Garden of Inspiration, Sky Gyms with Viewing Terrace, Bar @ Sky Loggia.
Unit Types
Unit type
1 Bedroom
  • 1BR (A1 & A2): 549 sqft
  • 1BR (A3 & A4): 571 sqft
Unit type
2 Bedroom
  • 2BR (B): 1,055 sqft
Unit type
3 Bedroom
  • 3BR (C1): 1,399 sqft
  • 3BR (C2 & C3): 1,604 sqft
Unit type
4
  • 4BR (C4): 1,895 sqft

LOCATION

Is Twin Peaks Location Really Good?

Explore TWIN PEAKS (OUE) through the map below to find out if the location is ideal for you. To find out the distance or time taken to travel from the condo to another location, click on the link “Directions to” or “Directions from” on the map below and type the location address/name (e.g. Orchard Road, City Hall Singapore, etc). Remember to select the mode of the transportation – By car, walk or public transport, and select the most ideal route suggested by the google map. If the below map could not recognize the name of the location, try entering its postal code or address.

Somerset Twin Peaks Map

Other New Launch you might want to consider: Gem Residences

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Keep in touch with us

You can use the following information to contact us if you need further assistance regarding Twin Peaks (OUE) at Leonie Hill

Name: Twin Peaks (OUE) Administrator
Email address: info@officialnewlaunch.com
Phone: +65 6639 2567