Author: susukinono

Coliwoo, a renowned co-living brand under the umbrella of real estate management services group LHN, is all set to unveil its latest property next month at the iconic Old Bukit Timah Fire Station. The State-owned heritage site situated at 260 Upper Bukit Timah Road has been revamped into a multi-purpose complex with a 62-unit co-living residence, a café and restaurant, and community event spaces. The location is conveniently located near Hume MRT Station on the Downtown Line.

With its expertise in space optimization and building restoration, LHN has successfully transformed the Old Bukit Timah Fire Station into a unique and integrated destination that combines co-living, lifestyle, and community in one holistic ecosystem. According to Kelvin Lim, the executive chairman of LHN and founder of Coliwoo, “Leveraging our core strengths in space optimisation and building restoration, we’ve reimagined the Old Bukit Timah Fire Station into a one-of-a-kind destination that seamlessly integrates …

During the week of Aug 5 to 12, the sale of a four-bedroom strata landed unit at Watten Hill stood out as the most profitable resale transaction. Located on Watten View in Bukit Timah, the 2,669 sq ft unit was sold for $4.7 million ($1,761 psf) on Aug 11, more than two decades after it was purchased for $1.31 million ($491 psf) in 2000. This resulted in a record profit of $3.38 million (259%) at the freehold condo, which translates to an annualised profit of 5.3% over 25 years.

Assessing the rental yield is a crucial aspect to consider when looking into investing in a Singapore Condo. Rental yield refers to the annual rental income as a percentage of the property’s purchase price. This vital factor can vary significantly depending on various factors such as the location, condition of the property, and the overall market demand. For instance, areas near …

The property market is set to experience a turning point in 2025, with improving sentiment towards real estate values. However, there are concerns about low debt and equity liquidity compared to previous cycles, as highlighted by PGIM Real Estate in a recent investment research report.

When considering a condo as an investment, it is crucial to take into account the maintenance and management of the property. Typically, condos have maintenance fees that cover the upkeep of shared areas and facilities. Although these fees may increase the overall ownership cost, they also ensure that the condo remains well-maintained and maintains its value. Hiring a property management company can assist investors in managing the condo on a daily basis, making it a more hands-off investment.

The combination of declining values and higher interest rates has led to a funding gap in the debt market, placing strain on existing capital structures. This presents …

The week of August 1 to 8 saw a string of record-breaking transactions for condominiums, with a three-bedroom unit at Commonwealth Towers taking the top spot. The 99-year leasehold development in District 3 reached a new psf-price peak of $2,536 on August 6, when a 43rd floor unit of 1,076 sq ft was sold for $2.73 million.

This sale surpasses the condo’s previous record of $2,460 psf set in December 2024, when a 904 sq ft unit on the 40th floor sold for $2.22 million. Reflecting the rising trend, Commonwealth Towers saw a new psf-price high of $2,536 during this week.

Assessing the potential rental yield is a crucial aspect to consider when contemplating a condo investment. Rental yield is calculated as the annual rental income divided by the property’s purchase price and expressed as a percentage. In Singapore, the rental yields for condos vary significantly, affected by factors such …

Apex Asia Management Group has successfully sold 11 out of the 34 apartments (32.4%) and 5 out of the 8 ground-floor shop units (62.5%) at the freehold mixed-use development Artisan 8, within just 2.5 hours of sales commencing at 5pm today (Aug 21). The apartments were launched at prices starting from $2,100 psf while retail units were priced from $3,400 psf.

When contemplating a condo investment, it is crucial to also evaluate its potential rental yield. This refers to the annual rental income as a percentage of the purchase price of the property. In Singapore, rental yields for condos can vary significantly, depending on various factors such as location, condition of the property, and market demand. Generally, areas with high rental demand, such as those near business districts or educational institutions, tend to offer better rental yields. It is essential to conduct thorough market research and seek guidance from real …

Singapore’s cityscape is characterized by towering skyscrapers and state-of-the-art infrastructure. Condominiums, strategically situated in coveted locations, offer a perfect fusion of opulence and convenience that appeals to both locals and foreigners. These residential complexes boast a variety of facilities including swimming pools, fitness centers, and top-notch security services, elevating the standard of living and making them a desirable choice for potential renters and buyers. For savvy investors, these amenities result in impressive rental returns and appreciation in property value over time. Keep an eye out for exciting new condo launches in the market.

PropNex Realty has put up for sale a 999-year leasehold shophouse at 28/28A Maju Avenue in Serangoon Garden via an expression of interest (EOI) exercise, with an asking price of $10.8 million. Marketed by PropNex Shophouse Elites, the two-storey commercial shophouse sits on a 1,897 sq ft plot at the junction of Maju Avenue and Portchester Avenue …

Slaughter Street The prestigious enclave around Ardmore Park, Claymore Road, and Draycott Park, just off Orchard Road, boasts a rare cluster of three bungalows at 9, 11, and 15 Claymore Road. The area is also home to luxury condominiums such as Sculptura Ardmore, The Tate Residences, and The Claymore.With the recent sale of 11 Claymore Road for $75 million in a private treaty deal brokered by Karamjit Singh, CEO and founder of property consultancy Delasa, the neighbourhood continues to draw attention. According to Singh, the high demand for this particular property was due to its rarity and strategic location being in the heart of Orchard Road.AdvertisementUnder the URA Master Plan, the site is zoned for residential use with a 2.8 plot ratio and a maximum height of 36 storeys. After factoring in a land betterment charge of about $30 million, the $75 million sale price reflects a land rate of …

When contemplating a Condo investment, one must also take into account the maintenance and management of the property. Generally, Condos come with a charge for maintenance that covers the upkeep of common areas and amenities. These fees may contribute to the total expense of owning a Condo, but they guarantee that the property stays in top-notch condition and retains its value over time. By hiring a property management firm, investors can delegate the responsibility of overseeing their Condo on a day-to-day basis, transforming it into a more passive investment. Condo Now, it’s essential to consider the maintenance and management of the property when investing in a condo. Condos typically have maintenance fees that encompass the maintenance of common areas and facilities. While these costs may increase the overall cost of owning a condo, they also provide assurance that the property will remain in excellent condition and maintain its value. Engaging …

Joint developers Hoi Hup Realty and Sunway Developments have successfully held the balloting event for second-time buyers of Otto Place executive condominium (EC) on Tuesday evening, August 19. According to the official statement released by these developers, a total of 167 units were sold during the exercise.

This 600-unit EC project had earlier experienced a successful launch weekend on July 18-19, where 351 units were sold, making up an initial take-up rate of 59%. With the additional sales made during the recent balloting exercise, the total number of units sold has now reached 548, which is an impressive 91% within just one month of its launch. The average price achieved, based on caveats lodged to date, is $1,750 per square foot (psf).

For those unfamiliar with the term, second-time buyers refer to individuals who have previously received a housing subsidy from the Housing and Development Board (HDB). During the initial …

As Banyan Group celebrates its 20th anniversary in China, its portfolio of properties in the country continues to expand. Two new properties, Angsana Zhoushan and Homm Wenzhou Nanxijiang, have recently opened in Zhejiang Province, Eastern China.

Investing in real estate is a strategic decision, and location plays a vital role in its success. This is particularly true in Singapore, where the right location can make a significant difference in the value of a property. Condominiums situated in central areas or near important amenities like schools, shopping centers, and public transportation hubs have a higher potential for appreciation. For instance, prime locations such as Orchard Road, Marina Bay, and the Central Business District (CBD) have consistently shown growth in property values. Families looking for a home also prioritize areas near good schools and educational institutions, making condos in these locations highly sought after and increasing their investment potential. You can find …