Author: susukinono

MCL Land, CSC Land Group receive Temporary Occupation Permits for Parc Esta, Lake GrandeAlan Cheong: Market poised for a sprightly 2021 as economy recoversPanelists agree private residential market will remain strong despite talk of cooling measuresNew property measures to impact HDB resale market, say panelistsBudget 2025 measures could influence property market first half of 2025: PanelistsPanelists discuss property trends in Clementi, Jurong East at EdgeProp event, including tenants’ needsEdgeProp presents Master Plan Master Class on Transforming Cities: Clementi, Jurong East

EdgeProp Singapore’s Property Market Outlook event on Feb 16 sparked discussions on various topics such as the possibility of new property cooling measures, upcoming housing supply from government land sale (GLS) sites and Build-To-Order (BTO) launches, as well as the potential impact of Budget 2025 announcements on the real estate market. The event, organized by EdgeProp Singapore, featured a panel of three industry experts: Alan Cheong from Savills Singapore, Wong …

JustCo, the renowned flexible workspace operator, has recently launched its luxury brand, The Collective, with the opening of its flagship co-working space in Tokyo. The 24,000 sq ft workspace, located in the GranTokyo South Tower, boasts a stunning location in the Marunouchi district within Tokyo’s Chiyoda City ward. This prime spot is conveniently situated near Tokyo Station, providing easy access to both Narita and Haneda airports.

According to a press release on Feb 19, The Collective is a tribute to the sophistication and warmth of a luxurious voyage, inspired by the iconic Tokyo Station. Along with a hot desk area and meeting rooms, the co-working space offers private suites with 24/7 secured access and larger enterprise suites with exclusive entrance features and customizable workspace designs. Each workspace is furnished with high-quality Herman Miller Aeron chairs and Benel adjustable desks, ensuring comfort and functionality for its members.

In addition to these …

Chiu Teng Group, a renowned developer known for creating top-quality commercial and industrial spaces in Singapore, has recently launched its latest project, CT Pemimpin. This freehold B1 industrial factory is strategically located at 43 Jalan Pemimpin in the Central Region, making it an attractive choice for both companies looking for a convenient and accessible location, as well as property investors seeking a rare permanent investment opportunity.

CT Pemimpin offers a range of sustainable features and communal facilities, making it a highly desirable development. These include two rooftop pavilions, perfect for outdoor gatherings, rooftop solar panels, two passenger lifts and a service lift. The nine-storey factory also boasts 56 strata-titled units and three canteen units, with floor heights ranging from 5.6m to 7.35m for selected units with mezzanine floors on levels one and five. Each individual unit comes equipped with its own toilet, providing convenience and privacy for occupants.

One of …

Lentor Central Residences, a 477-unit development located in Lentor Hills, will be up for viewing starting February 21. Jointly developed by Hong Leong Holdings, GuocoLand, and CSC Land, this is the sixth new launch project in the area.

The development comprises of two high-rise residential blocks, with a 27-storey and a 28-storey block respectively. It offers a range of one- to four-bedroom units, which span from 463 sq ft to 1,399 sq ft.

Be the first to know about the available units and prices for Lentor Central Residences.

According to the developers, the starting prices for one-bedroom units will be from $975,000 ($2,110 psf), while two-bedroom units will start at $1.38 million ($2,050 psf). Three-bedroom units will start at $1.81 million ($1,984 psf), while the four-bedroom units will be available from $2.37 million ($2,000 psf).

Lentor Central Residences boasts various amenities, including a 50-metre Infinity Edge Pool, 25-metre Lap Pool, …

Singapore Realtors Inc (SRI) recently announced a partnership with Redbrick Mortgage Advisory to enhance the skills of its agents.

Through this collaboration, Redbrick will provide training to SRI agents on advanced mortgage strategies to better assist homebuyers in their financing decisions.

According to Redbrick CEO Eugene Huang, this partnership will empower SRI agents to become trusted advisors who can offer personalized financing solutions, enabling buyers to make well-informed choices.

Aside from training, Redbrick will also provide SRI agents with up-to-date mortgage rate information from over 15 financial institutions. This allows agents to efficiently and quickly present clients with current financing options, thanks to Redbrick’s access to real-time mortgage data.

SRI CEO Thomas Tan believes that this partnership will benefit their agents and clients, as they will have access to reliable mortgage advice and information, ultimately streamlining the home buying process.…

Frasers Property Singapore has announced the sale of the retail podium at Sky Eden@Bedok through an expression of interest (EOI) exercise. The guide price for the podium, which comprises 12 strata retail units on the ground floor, is $45.2 million.

The combined strata area of the retail units is approximately 11,193 sq ft, which equates to a guide price of $4,038 psf. The units can be sold collectively as a portfolio, individually, or in clusters, according to marketing agent CBRE. They range from 398 sq ft to 1,313 sq ft in size and are priced from $1.91 million to $5.55 million. All units are approved for F&B use.

Sky Eden@Bedok is a mixed-use development located in Bedok Central that is currently under construction. It comprises 158 residential units spread across two 16-storey towers on top of a retail podium. The 99-year leasehold project is only a few minutes’ walk from …

BTO: Fewer available flats compared to October BTO

The latest round of the Home Improvement Programme (HIP) has selected over 29,000 HDB flats, as announced in a press release by HDB on February 16. The government has allocated a whopping $407 million for the necessary upgrading works.

These chosen flats are located in 13 different estates including Bedok, Bukit Batok, Bukit Merah, Bukit Panjang, Chua Chu Kang, Hougang, Jurong West, Pasir Ris, Queenstown, Sengkang, Tampines, Toa Payoh and Woodlands.

Since its inception in 2007, the HIP was created to assist flat owners in addressing common maintenance issues that arise due to wear and tear in older flats. Minister for National Development Desmond Lee has stated that since then, close to 381,000 flats have undergone upgrades, with a whopping 494,000 flats, or nine out of ten eligible flats, selected for the programme.

The HIP aims to carry out essential improvements to …

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An opportunity to purchase a 3,391 sq ft strata-titled unit in Bukit Timah Plaza mall has arisen as it is now on the market. Approved for restaurant use, this unit is being sold for $9.8 million, which translates to a unit price of $2,890 psf. This represents a 12% discount from the previous listing price of $11 million in the third quarter of 2022. According to Clemence Lee, CBRE’s executive director of capital markets, who is handling the sale of the property, this is a great deal.

The unit, located in the basement two of the mall, boasts a 20m frontage facing the central plaza. It is currently fully leased and will be sold with the existing tenancy. The unit has a 99-year lease starting from 1976, meaning it still has a remaining lease of 50 years.

The pricing of the unit is in line with recent transactions in …

The Peninsula Plaza is a 30-storey mixed-use commercial building with a six-storey retail podium and a 24-storey office tower. It was built in 1980 and has a leasehold tenure of 999 years. The two adjoining strata retail units situated on the ground floor of Peninsula Plaza are on the market for a total price of $10.9 million. This translates to a price of $9,741 per square foot based on the strata area of the units. The total area of the two units combined is 1,119 square feet, with one unit measuring 538 square feet and the other 581 square feet. The properties are currently tenanted until 2026, and at the asking price, investors can expect a 3% gross rental yield.

Nick Chan, the associate director of investment sales & capital markets at Savills Singapore, who is handling the sale of the units, describes them as “arguably the best” within the …

Brand New Land, a visionary property development company, has teamed up with Tellus Design, a renowned player in the Good Class Bungalow (GCB) design industry, to create a collection of accessible luxury semi-detached homes. With a 30-year working relationship, the two companies collaborated to create four stunning homes in Bukit Timah and Upper Bukit Timah, each incorporating key elements from the best GCB design practices.

Nestled in the serene and lush surroundings of nature, the semi-detached homes at 23 & 23A Maple Avenue have a wide frontage of over 24m. The homes at 25 & 25A Jalan Selanting and 23 & 23A Maple Avenue, known fondly as “The Great Trees Collection”, boast land sizes ranging from 2,790 to 3,130 sq ft, elevators, swimming pools, and gourmet kitchens.

In line with Brand New Land’s philosophy of providing value to their clients, these homes are priced within the bank valuation range, leaving …