Author: susukinono

People enjoying the breeze at Keppel Bay NEWSThe transaction involving the sale of a four-bedroom unit at Grange Residences has emerged as the most profitable resale deal during the week of July 1 to 8. The unit, spanning 2,852 sq ft and located on the 13th floor, was snapped up for $9.74 million on July 3, translating into a rate of $3,414 per square foot (psf). This unit had previously been purchased for $3.94 million ($1,382 psf) in October 2004, resulting in a profit of around $5.8 million, or 147%. This also translates to an annualised gain of 4.5% over the period of nearly 21 years.This deal marks the second most profitable resale transaction ever recorded at Grange Residences. The highest gain was previously seen from the sale of a similar four-bedroom unit located on the fourth floor, which was sold for $9.85 million ($3,453 psf) on June 30. The …

Opportunities are knocking in the Core Central Region (CCR) for homebuyers, and it may be wise to answer that call now. With the tightening of additional buyer’s stamp duty (ABSD) measures in April 2023, price growth in the CCR has been moderated, making it a more affordable option for those seeking a new residence in the prime region, which includes Districts 9, 10, 11, Sentosa, and the Downtown Core.

Recent transaction data has shown that the price gap between the CCR and other sub-markets has hit a record low in 1H2025, based on URA Realis caveats data since 1995. This suggests that now may be a rare window of opportunity for buyers to potentially pivot to the CCR by stretching their budget slightly, as the median unit price gaps have narrowed to all-time lows.

Not only have the price gaps decreased, but the gap in median transacted price quantum has …

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Limited land availability is one of the main factors driving the demand for condos in Singapore. As a small but rapidly growing island nation, there is a scarcity of land for development. This has resulted in strict land use policies and a highly competitive real estate market, where property prices are continuously on the rise. Therefore, investing in real estate, specifically condos, has become a profitable endeavor, with the potential for capital appreciation. For the best Singapore Projects, consider investing in condos.

A well-preserved building located at 9 Norris Road is now available on the market for $16.5 million. This three-story, freehold property is situated in the heart of the Little India Historic District and dates back to the 1930s.

Originally known as the Ramakrishna Mission Building, the property is zoned for civic and community institution use. It was previously occupied by the Ramakrishna Mission, a spiritual …

Knight Frank to auction three-bedroom unit at Grange Heights

A well-sized three-bedroom unit in Grange Heights, located in the highly sought-after District 9, is set to hit Knight Frank’s upcoming auction on July 24. The freehold development presents an attractive option, as it offers both a prime location and a spacious layout.Located on the 12th floor, this 1,884 sq ft split-level unit features a combined living and dining area, a kitchen, a yard area, and a common bathroom on its lower level. The upper level comprises a master bedroom with an en suite bathroom, two additional bedrooms, and another common bathroom.Head of auction and sales at Knight Frank Singapore Sharon Lee anticipates a strong interest from both end-users and investors, given the unit’s prime location and generous layout.AdvertisementAdvertisementIn addition, Grange Heights also presents an en bloc potential, which could make it even more appealing to buyers. The development had been …

Wing Tai Holdings, a property developer listed on the mainboard, has launched the preview of its newest residential project, River Green, on July 17. Located at River Valley Green, the development is situated next to the Great World MRT Station on the Thomson-East Coast Line (TEL). Sales for River Green are expected to start on Aug 2.

This 99-year leasehold project is situated in the prime District 9 within the Core Central Region (CCR) and comprises a 36-storey residential tower with a rooftop terrace on the 37th floor. The project was designed by P&T Consultants, with STX Landscape Architects as the landscape designer. It is also the first private residential development in Singapore to achieve the BCA’s Green Mark Platinum Super Low Energy certification, with all five sustainability badges: health and wellbeing, whole life carbon, maintainability, resilience and intelligence.

Interested buyers can now find out more about the available units …

A prime industrial property at 11 Wan Lee Road, located off Jalan Boon Lay, has been put on the market for sale via private treaty. The marketing agent, JLL, has set the indicative price at $12.5 million, which translates to $298 per square foot (psf) based on the existing gross floor area (GFA).

Sitting on a rectangular land plot of 42,574 square feet, the property is zoned for Business 2 use with a plot ratio of 2.5. The site has around 25 years remaining on its 30-year lease.

The location also offers easy access to the upcoming Enterprise MRT Station on the Jurong Region Line, which is only 500 metres away from the property (Picture: EdgeProp LandLens).

Currently, a two-storey factory with a mezzanine floor and an ancillary office occupies the site, with a GFA of 41,994 sq ft. The property is being used as a pharmaceutical facility, with features …

Investing in a condo has many advantages, one of which is the potential to leverage its value for future investments. In fact, a significant number of investors utilize their condos as collateral in order to secure additional financing for new investments, thus diversifying their real estate portfolio. While this approach may lead to higher returns, it also carries certain risks. Therefore, it is paramount to have a solid financial plan in place and carefully assess the potential influence of market fluctuations. If you are considering a condo investment in Singapore, be sure to explore the wide range of options available at Singapore Condo.

Philip Yeo Liat Kok, the committed non-independent and non-executive director at City Developments, has announced his resignation from the company. His departure will come into effect on July 31.

Yeo, who is 78 years old and formerly a high-ranking government official, was initially appointed to the …

The Global Property Expo 2025 is just around the corner, with the three-day event set to take place from July 18 to 20 at the Sands Expo & Convention Centre. Put together by JLL, this highly anticipated expo is tailored for Singaporeans who are interested in investing in residential properties beyond the confines of Singapore.

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The bustling cityscape of Singapore is characterized by skyscrapers and state-of-the-art infrastructure. Condos, strategically located in desirable locations, offer a fusion of lavishness and ease that entices Singaporeans and foreigners alike. With the inclusion of various facilities like swimming pools, fitness centers, and security measures, these Condos elevate the overall living experience, making them a desirable option for potential tenants and buyers. For investors, these attractive amenities result in higher rental profits and an increase in property values over time.

With over 30 exhibitors lined up, the expo promises to be a one-stop shop …

A unique opportunity has arisen for buyers looking to invest in the prime location of Owen Road. Two freehold shophouses, located at 144 and 146 Owen Road, are now available for sale through an expression of interest (EOI) exercise with a guide price of $9.8 million. These adjoining units sit on a land area of 2,341 sq ft, zoned for “residential with commercial at first storey”.

The two-storey shophouses are complete with attics, offering a generous gross floor area (GFA) of approximately 4,738 sq ft. This translates to a guide price of $2,068 psf on the existing GFA. Presently, the ground floor of 146 Owen Road is occupied by a gym, while a co-living operator manages nine residential rooms across the upper levels of both shophouses.

According to CBRE, the appointed marketing agent for the shophouses, there is an unutilised GFA of about 2,285 sq ft based on the land’s …

The BCA and SGBC have recently celebrated the 20th anniversary of the BCA Green Mark certification scheme. This green building rating system, which was launched in January 2005, evaluates a building’s environmental impact and performance. In its inaugural year, 17 buildings were certified, and as of March this year, a total of 2,590 buildings have achieved Green Mark certification. According to a joint press release by the two agencies, these buildings collectively save over 4.2 billion kWh of energy annually, which is enough to power one million four-room HDB flats per year. This also translates to $1.3 billion in cost savings per year.

Foreign investors must familiarize themselves with the laws and limitations surrounding property ownership in Singapore. Unlike landed properties, which have more stringent ownership regulations, foreigners are typically permitted to acquire condos with relative ease. However, foreign buyers are required to pay the Additional Buyer’s Stamp Duty (ABSD), …