Profitable neighbours of unprofitable condominiums

The Sail @ Marina Bay has five neighbours with 2,199 systems within a 500m radius. The nearby neighbor is Marina Bay Suites. The Sail @ Marina Bay is the largest with 1,111 systems, followed by Marina One Residences.

Per our earlier article regarding unlucrative condos, the time of acquisition contributed to the losses suffered by some proprietors of Urban Vista. Eco has lots of one-bedroom devices that are better for lessees, yet only 11% of the residents in Bedok are renters as well as 87% are owner-occupiers.

At the time of writing, Eco and Urban Vista has more unprofitable than successful deals over the past 12 months. Interestingly, their nearby neighbour, Grandeur Park Residences, bucked the fad with 5 times more successful transactions than unlucrative ones.

Uncompleted The Reef at King’s Dock has the highest average rate of $2,498 psf, while Harbour View Towers (TOP in 1994) has the lowest …

Paya Lebar Airbase to make way for future town with 150,000 new homes

When Paya Lebar Airbase moves out in the 2030s, it will certainly be redeveloped right into a new community with around 150,000 new residences, claims Prime Minister Lee Hsien Loong, at the National Day Rally on Aug 21.
Read additionally: The following phase in Paya Lebar’s advancement

The relocation of the airbase to Changi was announced in the National Day Rally of 2013. Paya Lebar Airport formally opened in 1955, and was Singapore’s initial business global airport terminal prior to Changi Airport was developed. In 1981, Paya Lebar Airport was exchanged an armed forces airbase.

Musician’s perception of future community with main spinal column on the website of the Paya Lebar Airbase when it’s moved

” It will certainly not happen overnight,” states Lee. “But over decades, we can completely reimagine the Eastern part of Singapore.”.

” It will certainly be a unique as well as attractive heritage function, special …

Strata industrial unit at Delta House on the market for sale and lease back at $30 mil

The system occupies near 65% of the entire floor, as well as represents concerning 10% of the overall strata area and total share value at Delta House. The seven-storey flatted manufacturing facility has a preschool on the first storey, with upper stories housing production spaces, warehouses as well as secondary offices.
The sale undergoes existing tenancies with staggered lease expiry days. According to Zeng, the supplier prepares to rent back most of the area that it’s inhabiting. The unit has windows on 3 sides, direct guest and also freight lift gain access to as well as eight reserved garage.

Located in the city fringe, Delta House Holland Drive Condo is within 700m strolling distance to Tiong Bahru MRT terminal, near Tiong Bahru Plaza, Valley Point and Great World City. It’s simply a seven-minutes’ drive to the CBD.

JLL’s Zeng anticipates to see rate of interest from both investors as well …

Four-room HDB at Tiong Bahru View Sold for $1.158 mil with Buyer Paying $158,000 COV

A purchaser has paid $1.158 million ($ 1,237 psf) for a 936 sq ft, fourroom HDB flat at 10b Boon Tiong Road. HDB cautions reveal that the sale was lodged in June.
According to Malvin Lim, the property agent who represented the vendor, the system was valued at $1 million by HDB. Hence, the purchaser paid a cash-over-valuation (COV) of $158,000. The COV is a cash quantity that stands for the distinction in between the list price of the flat and also its HDB appraisal.
Lim is an assistant partner advertising and marketing supervisor at PropNex Realty, as well as a participant of the Marcus Luah Division.

The level remains in a HDB advancement called Tiong Bahru View which consists of obstructs 9a, 10b, 9b and also 10a Boon Tiong Road. The 700-unit growth features a mix of 3- to five-room apartments and also workshops.
EdgeProp’s collection of study tools …

JTC Launches Tanjong Penjuru Site for Tender

JTC has installed a site at Tanjong Penjuru up for tender on June 28. It is the last of the 3 websites on the initial fifty percent of 2022 confirmed Industrial Government Land Sales (IGLS) list to be launched.

Situated in the Jurong West commercial district, the 30-year leasehold Tanjong Penjuru plot has a website location of 94,722 sq ft as well as an allowable gross story Orchard Boulevard Residences Condo proportion of 2.5. The optimum structure height is 62m Singapore elevation information (SHD). The SHD was introduced in 2015 as an elevation measurement recommendation and also is secured to Singapore’s historical mean sea level.
The website is zoned for organization 2 (commercial) use under the Urban Redevelopment Authority (URA) Plan of attack, allowing for heavy commercial use such as basic market, manufacturing, repair and also maintenance as well as the storage of chemicals, claims URA.…

New EC Site at Bukit Batok West Ave 5 Launched for Tender

The Housing and also Development Board (HDB) has actually launched a new executive condominium (EC) website at Bukit Batok West Avenue 5 for tender on the validated Government Land Sales (GLS) list on June 28. The 99-year leasehold plot sits on an acreage of 179,000 sq ft and also will certainly have an optimum allowed built-up area of 536,800 sq ft, based upon the gross plot ratio of 3.0, claims HDB.

OrangeTee & Tie CEO Steven Tan expects the development to produce a total of 495 devices. “There is only one completed EC growth within Bukit Batok, The Dew, which has a resale price of $1,024 psf based upon this year’s information,” he includes.

One more adjacent story at Bukit Batok Avenue 8 attracted a total amount of 9 quotes and also was awarded to a QingJian Realty and also Santarli Construction joint venture in March, marking a document EC …

Potential of Properties at Greater Southern Waterfront

The transformation of Greater Southern Waterfront is still in its early stage. While the northern part of the waterfront has undergone major changes, the southern part is a much more promising location for investing. This area has many exciting developments planned for the future and hasn’t yet seen prices rise much. This could mean a big boost for HDB BTO flats! Let’s take a look at the potential of properties at Greater s.w.

The Greater Southern Waterfront is Singapore’s future gateway, stretching from Pasir Panjang to Marina East. When fully developed, the area will become an urban living area along the southern shore. Developed over several phases, the development will start from the former Pasir Panjang Power District and the Keppel Club. This means that the first projects will be completed within five to ten years. If you’re planning to buy a property in the southern waterfront, now is the …

Lendlease Global Commercial Trust REIT Issued $200 Million of Perpetual Securities

The supervisor of Lendlease Global Commercial Trust REIT (LREIT) has effectively valued $200 countless continuous safety and securities on May 27.

Avenue South Residence is a brand new advancement jointly offered you by 3 distinguished developers; UOL Group Limited (UOL), United Industrial Corporation Limited (UIC) and also Kheng Leong Company. For many years, the Group had actually committed their commitment to create a masterpiece in every household project. The Group’s company believe as surpassing to offer an enjoyable fine-living atmosphere within the development has actually motivated them to create many stunning architectural design in the past and also existing. Their tested record include, Meyer House, The Tre Ver, Amber 45, The Clement Canopy, Principal Garden, Botanique at Bartley and much more. There are 3 collections within the development, namly Peak Collection, Horizon Collection and also Heritage Collection. Avenue South Residence cost will certainly begin with $858k for a one-bedroom with …

Freehold Pandan Valley Condo Gains $2.3 Million Profit Over a 20 Year Period

The vendor of an unit at Pandan Valley, along Pandan JCube Condo Capitaland Valley Road, made the leading gain of $2.32 million over the week of May 11 to 18. The 3,272 sq ft system on the second flooring was bought for $1.49 million ($ 455 psf) in March 2001 and also sold for $3.81 million ($ 1,164 psf) on May 14 The seller consequently made a 156% earnings, or an annualised profit of 5% over 20 years.

The system at Pandan Valley was sold for $3.81 million on May 14. Avenue South Residence is a upcoming brand-new domestic development positioned in the core city main at 1, 3, 5, 7, 9, 11 and also 13 Silat Opportunity. It inhabits a land site of 245,972 sqf that feature 2 high 56 floors towers and 5 blocks of 4 floors conservation structure. Tampines Ave 11 Condo The growth hinges on the …

Shopping and Dining at Harbourfront Centre

If you are looking for something fun and exciting in the vicinity of Singapore’s central business district, look no further than the Harbourfront Centre Singapore. Located at the corner of the popular Ansel Keys Road, this mall includes a wide variety of stores selling everything under the sun. A favourite for locals and tourists alike, it has continuously attracted people with its various dining, entertainment, retail and business facilities. The mall is not very far from the city centre and is easily accessible Orchard Boulevard Condo by public transport. To reach the mall, all you need to do is enter the mall at Clarke Quay Road, right behind the escalators. There are several shops, cafes, hotels and restaurants within the area.

Apart from all the attractions, there are many other things to do in the Greater Southern Waterfront area. The Riverside promenades are a great place to spend an afternoon. …