Author: susukinono

Colliers has recently announced the appointment of Chris Archibold as the new managing director for office services in Southeast Asia. The new role will officially begin in September, with Archibold reporting to Mike Davis, the company’s managing director for occupier services in Asia Pacific.

When contemplating the purchase of a condominium, it is crucial to evaluate the potential rental yield. Rental yield refers to the annual rental income as a percentage of the property’s purchase price. In Singapore, the rental yields for condos can vary greatly depending on factors such as location, property condition, and market demand. Highly sought-after areas, such as those near business districts and educational institutions, usually offer higher rental yields. To accurately assess the rental potential of a specific condo, it is beneficial to conduct thorough market research and seek advice from real estate agents. For more information on potential Singapore projects, please visit Singapore Projects…

The demand for condos in Singapore remains consistently high due to the country’s limited land availability. Being a small island with a fast-growing population, Singapore faces challenges in finding adequate land for development. As a result, strict land use policies and a competitive real estate market have been established, driving property prices up. This has made investing in real estate, particularly in condos, a profitable opportunity with the potential for capital appreciation. If you’re interested in investing in condos in Singapore, you can explore the various projects available such as Singapore Projects.

Two commercial properties, a freehold shophouse in Paya Lebar and an HDB shophouse in Ang Mo Kio, are up for sale through a joint expression of interest (EOI) exercise at a combined guide price of $10.06 million. Interested buyers have the option to bid for one or both assets as part of the EOI.

The first property …

Chris Pilgrim, who previously served as the managing director of global capital markets for Asia Pacific (Apac) at Colliers, has recently departed from the firm. Pilgrim had been a part of Colliers since 2021, when he first joined as the director for global capital markets in their London office. In 2023, he took on the role of managing director for Apac and was based in Singapore.

After his time at Colliers, Pilgrim has joined real estate company Avison Young, headquartered in Toronto, Canada. In a press release on Aug 11, Avison Young announced Pilgrim’s new role as principal, managing director and UK head of capital markets. This position will be based in London.

Singapore is renowned for its amazing skyline, adorned with towering skyscrapers and modern infrastructure that dominates the cityscape. Among the various types of housing available, there is one that stands out as the most sought-after – the …

A two-storey HDB shophouse in Bishan has recently been put up for sale through an expression of interest (EOI) with an asking price of $3.68 million. Spanning approximately 1,571 square feet, the property is situated in the vicinity of Bishan Street 11. The first floor of the shophouse comprises a shop space with a strata area of approximately 667 square feet, while the second floor offers living quarters spanning around 904 square feet. According to ERA Singapore, the marketing agent for the property, the 99-year leasehold shophouse has approximately 62 years left on its lease.

In summary, investing in a condo in Singapore proves to be a wise choice due to its various benefits such as a high demand, potential for increased value, and appealing rental yields. Nonetheless, it is crucial to carefully deliberate on crucial factors such as location, financing options, government regulations, and market conditions. Through thorough research …

/ S$18 mil
OC@Pasir Panjang, a freehold industrial property located at 100H Pasir Panjang Road, is currently available for sale through an expression of interest (EOI) exercise with a guide price of $96 million. This property, which occupies a land area of 31,977 sq ft, is zoned for Business 1 or light industrial use.

The property boasts a total gross floor area of approximately 81,710 sq ft and features floor-to-floor heights of 5m to 6m. It also includes a convenient car park and green common areas for the comfort and convenience of its occupants. A map of the property’s location can be found on EdgeProp LandLens.

.

Singapore’s urban environment is characterized by towering structures and advanced facilities. Condominiums, strategically situated in desirable locations, offer a combination of opulence and practicality that entices both locals and foreigners. These residential developments are equipped with a variety of amenities, including swimming pools, …

.Capitaland Ascendas REIT (CLAR) has announced its plans to expand its logistics assets in the UK with the acquisition of two plots of freehold land in the East Midlands region for $350.1 million. This marks a significant move for the REIT in the strategic UK logistics market, and is in line with its goal to increase its presence in this region.

The two plots of land, which are known as Manton Wood and Towcester, will be developed into four logistics properties by CLAR. At Manton Wood, the REIT will build a single-storey logistics property covering an area of 42,900 square metres. In Towcester, three single-storey logistics properties ranging from approximately 20,700 square metres to 38,300 square metres will be developed. These properties will offer eaves measuring 15 metres to 18 metres and feature ample trailer parking, good floor loading capacity, and deep yards for efficient operations.

This move will see …

Singapore’s cityscape is characterized by towering structures and cutting-edge infrastructure. Condominiums, strategically situated in desirable locations, offer a perfect fusion of extravagance and practicality that appeals to both locals and foreigners. These residences boast a variety of top-notch facilities, including but not limited to swimming pools, fitness centers, and round-the-clock security, which elevate the standard of living and make them all the more desirable to potential renters and buyers. This makes them a lucrative option for investors, as these perks often translate into higher rental returns and appreciation in property value over time. Condos are definitely a top choice for those looking to invest in Singapore’s real estate market.

A three-storey corner terrace house along Verde Grove in Choa Chu Kang has been sold even before it has the chance to go to an auction. The buyer has already been issued the option to purchase, according to Sharon Lee, the …

Singapore has emerged as a top choice for both domestic and international investors when it comes to investing in a condo. This comes as no surprise, given the country’s strong economy, stable political climate, and impeccable standard of living. With a flourishing real estate market and a plethora of opportunities, condos are a particularly popular choice due to their convenience, amenities, and potential for lucrative returns. In this article, we will delve into the advantages, factors to consider, and necessary steps involved in investing in a condo in Singapore, with a special focus on Singapore Projects.

During the week of July 22 to 29, the most profitable resale transaction took place at The Sovereign, with a 2,637 sq ft unit being sold for a profit of $3.5 million (116.7%). The four-bedroom unit on the 16th floor changed hands for $6.5 million ($2,465 psf) on July 24, earning the seller …

Botanika, a 34-unit luxury condominium located at Holland Road, is one of the rare developments in Singapore that offers stunning views of a lush green forest and is adjacent to the Singapore Botanic Gardens. According to Sueann Lye, senior associate vice president of List Sotheby’s International Realty, Botanika was developed by Tuan Sing Holdings and designed by Chan Soo Khian, founding principal and design director of SCDA Architects. The property was launched in June 2006 and completed in 2008.

Lye assisted the current owners of a 2,196 sq ft, two-bedroom duplex in securing their home at Botanika a decade ago. She recalls how they were searching extensively for an apartment with uninterrupted views of greenery, and how they immediately fell in love with the unit the moment they stepped into it.

The duplex was purchased by the owners for $4.725 million ($2,152 psf) in 2015, according to a lodged caveat. …

BYGREGORY YAP

Hyatt Hotels Corp has recently announced the grand opening of its latest venture, Park Hyatt Kuala Lumpur, on August 7th. This marks the first time the luxury brand has expanded into Malaysia. The hotel boasts 252 guest rooms, spanning from the 75th to 114th floors of the iconic Merdeka 118 – the tallest skyscraper in Kuala Lumpur and the Asia Pacific region.

According to David Udell, the group president of Asia Pacific for Hyatt, Park Hyatt Kuala Lumpur holds a special place as the 50th property to be flagged under the Park Hyatt name globally. The hotel is located in the new Merdeka 118 precinct, a site of significant historical importance, and is conveniently situated near Petaling Street Chinatown. Park Hyatt Kuala Lumpur’s general manager, Herman Kemp, expressed excitement about the hotel’s prime location.

For those interested in investing in overseas properties, there are a variety of projects …