Cornerstone Ghim Moh: A Comprehensive Guide to a Vibrant and Connected Community

Introduction

Cornerstone Ghim Moh, a mixed-development project situated in the heart of Ghim Moh, is a vibrant and well-connected community that offers a seamless blend of urban convenience and suburban tranquility. This article aims to provide a comprehensive guide to this highly sought-after neighborhood, highlighting its key features, amenities, and investment potential.

Key Features and Amenities

Cornerstone Ghim Moh boasts an impressive array of facilities and amenities that cater to the needs of its residents. These include:

Residential Units

• 254 residential units ranging from 1- to 4-bedroom apartments
• Luxurious fittings and finishes, such as marble flooring and branded appliances
• Functional layouts designed for maximum space utilization

Commercial Spaces

• Over 30 commercial units offering a diverse range of retail, dining, and service options
• Ample parking spaces for residents and visitors
• Convenient access to daily necessities and essential services

Recreational Facilities

• Swimming pool
• Children's playground
• Gym
• Function room
• Landscaped gardens with seating areas

Cornerstone Ghim Moh is strategically located within walking distance of the Buona Vista MRT station, connecting residents to the East-West Line and the Circle Line. This exceptional connectivity provides easy access to major transportation hubs, business districts, and educational institutions.

Amenities

The neighborhood surrounding Cornerstone Ghim Moh offers an abundance of amenities, including:

• Numerous shopping malls, such as Star Vista and The Metropolis
• A wide selection of restaurants, cafes, and bars
• Supermarkets, pharmacies, and other essential services
• Parks and green spaces, including Ghim Moh Park and Kent Ridge Park
• Educational institutions, such as Nanyang Technological University (NTU) and Buona Vista Secondary School

Investment Potential

The Ghim Moh area has historically been a popular investment destination due to its strategic location and growth potential. The development of Cornerstone Ghim Moh has further enhanced the area's appeal, making it an attractive option for investors seeking both capital appreciation and rental yield.

• Capital Appreciation: The limited supply of residential units in Ghim Moh and the ongoing development in the area are expected to drive up property prices in the long term.
• Rental Yield: The proximity of Cornerstone Ghim Moh to major transportation hubs, educational institutions, and employment centers makes it an ideal location for tenants seeking convenient and well-connected living spaces.

Stories and Lessons

Story 1: The Young Professional

• Sarah, a young professional working in the Central Business District, was drawn to Cornerstone Ghim Moh due to its proximity to her workplace.
• She chose a 1-bedroom apartment with a modern interior design and enjoyed the convenience of having shops, restaurants, and the MRT station within walking distance.

Lesson: Cornerstone Ghim Moh offers an ideal living environment for young professionals seeking a blend of convenience and urban lifestyle.

Story 2: The Growing Family

• The Tan family, with two young children, was looking for a spacious apartment in a family-friendly neighborhood.
• They chose a 3-bedroom unit in Cornerstone Ghim Moh and were impressed by the well-maintained facilities, including the swimming pool and playground.
• The proximity to schools and parks made it an ideal location for raising a family.

Lesson: Cornerstone Ghim Moh provides a comfortable and secure living environment for families with children.

Story 3: The Senior Couple

• John and Mary, a retired couple, decided to downsize to a smaller apartment in Cornerstone Ghim Moh.
• They valued the accessibility of the MRT station, medical facilities, and other essential services.
• The well-appointed common areas and the sense of community within the development made their transition to a smaller living space seamless.

Lesson: Cornerstone Ghim Moh is a suitable choice for seniors seeking a convenient and comfortable living environment in their retirement years.

Effective Strategies

• Early Bird Discount: Investors can benefit from early bird discounts offered by the developer during the initial launch phase.
• Floor Preference Priority: Buyers who indicate their preferences early on have a higher chance of securing their desired unit type and level.
• Refer-A-Friend Scheme: Residents who refer their friends and family members to purchase units in Cornerstone Ghim Moh may be eligible for exclusive incentives.

Tips and Tricks

• Negotiate the Price: While the developer sets the listed prices, it is common practice in Singapore's property market to negotiate a lower purchase price.
• Consider Resale Units: Resale units in Cornerstone Ghim Moh may be available at a more competitive price than new units from the developer.
• Secure a Good Mortgage Rate: Compare mortgage rates from multiple lenders to secure the most favorable terms possible.

Common Mistakes to Avoid

• Overlooking Location: The location of Cornerstone Ghim Moh is one of its key selling points; avoid units that lack proximity to transportation hubs and amenities.
• Rushing the Decision: Take ample time to research the property market, explore the neighborhood, and consult with a real estate agent before making a purchase decision.
• Ignoring Future Development: Consider potential future developments in the area that may affect the value of the property in the long run.

Statistical Data

Table 1: Rental Yield Projections

Source: HDB Singapore, URA Singapore

Table 2: Property Prices

Source: URA Singapore

Table 3: Population Trends

Source: Department of Statistics Singapore

Conclusion

Cornerstone Ghim Moh is a well-connected and highly sought-after community that offers a premium living experience. With its excellent amenities, strategic location, and strong investment potential, this mixed-development project represents an exceptional opportunity for individuals and families seeking a thriving and convenient neighborhood in Singapore. By carefully considering the factors outlined in this guide, buyers can make informed decisions and reap the benefits of investing in Cornerstone Ghim Moh.