Friday, September 7, 2012

Hamilton Scotts Sky-high parking in Singapore residence


Hamilton Scotts, a high end luxury development on Scotts Road, allows flat owners to keep their cars in their flats. The building has a special elevator which delivers your car right up to your apartment. And this comes with 7.5 million USD price tag (9.3 million Singapore Dollars).

Singapore's newly luxury development is not selling quite well as the other high end developments and only 40 per cent of these units are sold up to now. Since the apartment building, which is in a prime location 5 minutes walk away from Orchard Road, is completed now, developer is up for another marketing campaign.

If you are a foreigner and would like to own one of these flats for some reasons, you need to also pay 10%+ Additional Buyers Stamp Duty fee on the top of 3% stamp duty paid by buyers as a part of Singapore Governments property cooling measures.

Hamilton Scotts offers 54 private condominium units and 2 penthouses complete with en suite, elevated sky garages. It is developed by KOP Properties. Rents for the flats are starting from 20,000 Singapore Dollars per month.
  

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