Author: susukinono

now on sale

Ayana Bali, a sprawling 90ha integrated resort in Bali, Indonesia, has recently launched its newest residential development, the Alamanda Tower. This exclusive apartment complex features 26 spacious one- and two-bedroom units that are available for long-term lease, with a minimum stay of one month.

Part of Ayana Residences, a prestigious collection of residential properties within the Ayana Bali estate, the luxurious Alamanda Tower is situated along the shoreline of Jimbaran Bay. In addition to four lavish hotels (Ayana Resort Bali, Ayana Segara Bali, Ayana Villas Bali and Rimba by Ayana Bali), the sprawling Ayana Bali estate also offers a wide array of amenities such as the acclaimed Ayana Spa, a scenic golf putting course, a peaceful secluded beach, a variety of event venues, and an impressive selection of 30 different dining outlets.

Residents of Alamanda Tower will have exclusive access to three stunning rooftop pools, in addition …

The renowned Surbana Jurong Group has recently announced the appointment of Professor Cheong Koon Hean to its board of directors. This move, outlined in a press release on January 6th, is aimed at enhancing the company’s capability in providing innovative, strong and eco-friendly solutions for the built environment.

With a vast wealth of experience and knowledge in the industry, Cheong brings valuable insights to the board of directors. She previously held the position of CEO at HDB from 2010 to 2020, and prior to that, she served as CEO of URA from 2004 to 2010. Notably, Cheong also currently holds the position of Chair at the Lee Kuan Yew Centre for Innovative Cities, as well as Professor of Practice at the Singapore University of Technology and Design. She is also the Chair of the Centre for Liveable Cities Advisory Panel under the Ministry of National Development.

Furthermore, Cheong is also …

River Valley Apartments, a freehold condominium located on River Valley Road in the prestigious District 10, is now up for collective sale through a tender process. According to a press release issued on January 6th by exclusive marketing agent Knight Frank Singapore, the development is being offered for $56 million.

Built in the 1950s, this four-storey development consists of 24 units and sits on a 12,408 sq ft land parcel that is zoned for residential use, with a gross plot ratio of 2.8. Its prime location is just 500m away from the upcoming Great World MRT Station on the Thomson-East Coast Line. Popular shopping destinations such as Great World City and Valley Point Shopping Centre are within walking distance, while top-rated schools like River Valley Primary School and Alexandra Primary School are situated within a 1km radius.

According to the EdgeProp LandLens, the site has the potential to be redeveloped …

URAMore

The Urban Redevelopment Authority (URA) has given the green light for the voluntary conservation of Golden Mile Tower. This decision will come into effect if the 99-year leasehold development is successfully sold in a collective sale and a developer intends to redevelop the property.

Based on documents obtained by EdgeProp Singapore, the government has indicated that if a developer agrees to conserve at least the existing cinema block, the site’s allowable gross plot ratio (GPR) would increase from 4.46 to 5.6. This would apply to the existing site area of 93,902.5 square feet.

This higher GPR would result in a larger allowable gross floor area (GFA) of 525,854 square feet, a significant increase from the current GFA of 419,142 square feet. In addition, voluntary conservation would also allow for a higher maximum building height of 164m, compared to the current height limit of 145m for the site.

In August …

Over the weekend of January 4-5, Bagnall Haus at Upper East Coast saw overwhelming response with 1,500 visitors at its sales gallery. According to Teo Hong Lim, executive chairman of Roxy-Pacific Holdings, the developer of Bagnall Haus, many of the visitors were families residing in the East.

Bagnall Haus is one of the highly-anticipated new project launches of 2025. This 113-unit freehold development is a transformation of the former Bagnall Court, which was acquired by the developer in January 2023 for $115.28 million.

Situated less than a five-minute walk away from the upcoming Sungei Bedok MRT Interchange Station, Bagnall Haus is conveniently located near the Upper East Coast Bus Terminal. Prospective buyers can easily access the latest news and pricing information by searching for new launches.

The last new project launched in the Upper East Coast Road neighbourhood was 15 years ago. Therefore, Bagnall Haus offers an exclusive opportunity for …

on an 857 sqft areaIs it a Good Deal?: $555,000 for a three-room HDB flat at Bedok with a 999-year lease and 731 sqft area

HDB’s flash estimates released on January 2nd reported a 2.5% increase in resale flat prices in the fourth quarter of 2024, slightly slower than the 2.7% growth seen in the previous quarter. This marks the 19th consecutive quarter of price gains in the HDB resale market. The estimates also show a 9.6% increase in HDB resale prices for the entire year of 2024, double the 4.9% growth seen in 2023. However, this is still lower than the 10.4% increase in 2022 and 12.7% growth in 2021, according to Christine Sun, chief researcher and strategist at OrangeTee Group.

The latest HDB resale data from data.gov.sg, downloaded at 8.15am on January 2nd, showed a slowdown in price growth for some flat types, according to OrangeTee. For instance, …

1. The latest HDB flash estimates for the fourth quarter of 2024, released on Jan 2, showed a quarter-on-quarter increase of 2.5% in resale flat prices, slightly lower than the 2.7% q-o-q growth in the previous quarter. This marks the 19th consecutive quarter of price increases in the HDB resale segment.2. According to Christine Sun, chief researcher and strategist at OrangeTee Group, the flash estimates indicate a 9.6% price increase in 2024, which is double the growth in 2023 but slower than the 10.4% increase in 2022 and the 12.7% growth in 2021.3. Despite the overall price growth, data from data.gov.sg downloaded on Jan 2 at 8.15am, showed a slowdown in price growth for certain flat types. For instance, the median price for four-room flats saw a quarter-on-quarter increase of 2.5% in 4Q2024, a slower pace than the 3.4% growth in 3Q2024. Similarly, two-room flats saw a 2% q-o-q increase …

Roxy-Pacific Holdings, a renowned property developer, is all set to offer a preview of its latest development, Bagnall Haus, on January 4, 2020. The freehold project, located along Upper East Coast Road, was redeveloped from the former Bagnall Court which was acquired by Roxy-Pacific in February 2023 for a staggering $115.28 million. This amounts to a land rate of $1,106 psf ppr.

The new low-rise development features a five-storey block with a total of 113 apartments and two shop units. The units are a mix of one-bedroom plus flexi, ranging from 495 sq ft to five-bedroom apartments of 1,528 sq ft. Prices for the property will start from $1.235 million, with a rate of $2,495 psf, for one-bedroom plus flexi units. Executive Chairman of Roxy-Pacific Holdings, Teo Hong Lim, reveals that the average indicative price for the development will hover around $2,450 psf. The official launch date will be announced …

The Orie, a 777-unit private condo developed by City Developments Limited (CDL), Frasers Property and Sekisui House, will be previewed on Friday, Jan 3, with an official launch on Jan 18.Located at Lorong 1 Toa Payoh, the private condo is situated at the intersection with Lorong 4 Toa Payoh. Twin 40-storey towers will house the 777 units, which range from one-bedroom plus study apartments measuring 517 sq ft to five-bedroom apartments measuring 1,453 sq ft.The prices of the units are as follows:$1.28 million ($2,476 psf) for a 517 sq ft one-bedroom plus study,$1.48 million ($2,500 psf) for a 592 sq ft two-bedroom,$2.09 million ($2,459 psf) for an 850 sq ft three-bedroom,$2.92 million ($2,401 psf) for a 1,216 sq ft four-bedroom, and$3.48 million ($2,395 psf) for a 1,453 sq ft five-bedroom with exclusive private lift.Search for the latest New Launches, for information on transaction prices and available unitsAdvertisementAdvertisementThe Orie marks the …

Effective January 1, 2022, ERA Singapore will be making changes to one of its longstanding practices. For the past seven years, the company has covered the annual license renewal fees for its real estate agents as a gesture of goodwill. This practice has remained in place even during the challenging times of the COVID-19 pandemic, demonstrating ERA’s unwavering support for its agents.

However, in a recent statement, ERA announced that it will no longer be covering the license renewal fees for its agents. Instead, the company will be reallocating these funds towards initiatives that will enhance the growth and success of its market-leading salesforce and ultimately benefit consumers.

Despite this change, ERA will continue to support new agents by covering their renewal fees for the first two years. This is a common industry practice that is aimed at helping newcomers establish themselves in the competitive real estate market.

This decision …