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Aims Apac Reit Sell 3 Toh Tuck Link

Posted on December 11, 2024 by susukinono

The manager of AIMS APAC REIT (AA REIT) has announced that the REIT’s trustee, HSBC Institutional Trust Services (Singapore) Limited, has entered into a sales and purchase agreement with Crown Worldwide to divest its property located at 3 Toh Tuck Link. The sale consideration is worth $24.388 million, which represents a 32.5% premium to the property’s valuation of $18.4 million as of March 31. The property comprises of a three-storey factory and a five-storey ancillary office building, with a total gross floor area of 12,492.4 sqm.

According to Russell Ng, the CEO of the manager, the net proceeds from the divestment will be reinvested to support AA REIT’s growth initiatives, including potential acquisitions, asset enhancements, or future redevelopment projects. He further adds that this decision is in line with their proactive asset management strategy and efforts to rejuvenate their portfolio, ultimately strengthening the resiliency of AA REIT and delivering sustainable …

Tanjong Pagar Road Shophouse Sale 155 Mil

Posted on December 10, 2024 by susukinono

Keener interest in shophouses expected due to growing conservation movement

A historic shophouse located at 93 Tanjong Pagar Road is currently on the market for sale. The property is being offered through an expression of interest (EOI) exercise, with a guide price of $15.5 million. The 3½-storey shophouse sits on a land area of 1,297 sq ft and has a gross floor area (GFA) of 4,186 sq ft. Based on the guide price, the GFA translates to $3,703 per square foot.

The shophouse, which has a 99-year leasehold, is approved for F&B use and is currently tenanted by a popular Korean barbecue restaurant chain on levels 1 and 2. The property is conveniently located within walking distance to the Tanjong Pagar MRT Station on the East-West Line and the Maxwell MRT Station on the Thomson-East Coast Line.

The conservation shophouse is being marketed by PropNex Shophouse Elites, and the EOI …

Perennial Holdings And Far East Organization Unveil Golden Mile Singapore And Will Launch Strata

Posted on December 10, 2024 by susukinono

The future of the former Golden Mile Complex has been revealed by Perennial Holdings and Far East Organization during a press conference on Dec 10. The joint development partners unveiled their plans for the preserved conservation building, now known as The Golden Mile, and announced the preview of the strata-titled commercial units.

The entire development, named Golden Mile Singapore, will be Singapore’s first large-scale strata-titled conserved building, maintaining its iconic identity as a tropical linear urban complex with brutalist architecture.

The revamped Golden Mile will consist of 156 Grade A office units, 19 medical suites, a two-storey retail component spanning 123,388 sq ft, and a public access architecture centre.

The development, designed by homegrown architecture firm DP Architects and conservation specialists Studio Lapis, aims to recapture the vibrancy and eclectic retail mix that defined Golden Mile Complex in its heyday. The refreshed Golden Mile Singapore will also feature two new …

Bagnall Haus Condo Elevating East Coast Living Through Strategic Enhancements and Investment Potential

Posted on August 31, 2024 by susukinono

In addition, the Bagnall Haus Condo site will greatly benefit from the Urban Redevelopment Authority’s (URA) ongoing efforts to enhance the surrounding area, which includes the development of Laguna Golf and Country Club, Bedok Camp, and the Bayshore Road vicinity.

The brainchild of renowned developers, Bagnall Haus Condo aims to elevate the living standards of its residents through its impeccable design and top-notch facilities. The developers have gone the extra mile in incorporating thoughtful and innovative features that cater to the modern lifestyle of its residents.

In addition to its extensive range of facilities, Bagnall Haus Condo offers a mix of units to cater to different lifestyles and preferences. From cozy 1-bedroom units to spacious 4-bedroom units, there is something for everyone. The units are thoughtfully designed with modern interiors and fittings, providing residents with a comfortable and stylish living space.

Apart from its sustainable features, Bagnall Haus Condo boasts …

Norwood Grand Woodlands The Exciting Transformation of Singapore’s Northern Gateway into a Dynamic Regional Centre

Posted on August 30, 2024 by susukinono

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The expansion of the Woodlands Regional Centre is predicted to bring about a wealth of employment possibilities in diverse industries such as retail, hospitality, and other services. This economic growth will be highly beneficial for residents of Norwood Grand, with the added advantage of providing employment opportunities right in close proximity to their homes at Norwood Grand Woodlands.

In conclusion, the Norwood Grand Woodlands is set to become an exciting and dynamic regional center, with a focus on sustainability, community, and economic growth. With its prime location, modern amenities, and sustainable design, it is poised to become a sought-after destination for living, working, and leisure. This development project is a testament to Singapore’s vision and commitment to creating a better future for its residents, and it is certainly one to look forward to as it continues to transform the landscape of Singapore’s Northern Gateway.

The development also places …

Effortlessly Upgrading Kitchen Cabinet Design Top Tips for Real Estate Owners

Posted on August 27, 2024 by susukinono

The cityscape of Singapore boasts towering skyscrapers and state-of-the-art infrastructure. In highly coveted locations, condominiums offer a fusion of opulence and ease that resonates with both local residents and foreigners. These residences come complete with a plethora of conveniences, including swimming pools, fitness centers, and security measures, elevating the standard of living and garnering interest from potential lessees and buyers. For investors, these attractive attributes equate to greater rental returns and appreciation in real estate value over time.

1. Start with a Plan

In conclusion, upgrading kitchen cabinet design is a great way to add value to your property and enhance the overall look and functionality of your space. By following these top tips, you can effortlessly upgrade your cabinets and create a beautiful and functional kitchen that will be the envy of all your friends and potential buyers. Remember to always start with a solid plan, prioritize functionality, and …

Elevate Your Lifestyle Experience Elegant Living at Novo Place EC, Redefining Urban Living

Posted on August 27, 2024 by susukinono

Rewritten Paragraph:
Investing in a condo in Singapore offers numerous advantages, one of which is the potential for substantial capital appreciation. With its strategic location as a global business hub and strong economic foundation, Singapore consistently exhibits high demand for real estate. The city-state’s property market has shown a consistent upward trend over the years, and condos in prime locations have experienced significant appreciation. By investing in urban living at the opportune time and holding onto the property for the long term, investors can reap considerable profits from capital gains.

One major advantage of investing in condos is the opportunity to utilize the property’s value for future investments. Numerous investors use their condos as collateral to secure additional funding for other investments, ultimately diversifying their real estate portfolio. While this approach can significantly increase profits, it also carries potential risks. As such, having a solid financial strategy in place and …

Transform Your Outdoor Oasis Maximize Rental Yield with Expert Garden Maintenance Services on Greener Pastures

Posted on August 27, 2024 by susukinono

It is crucial for international investors to have a clear understanding of the regulations and limitations governing property ownership in Singapore. Unlike landed properties, which have stricter ownership regulations, foreigners are typically able to purchase condos with fewer restrictions. Nevertheless, rental yield should also be taken into account. It should be noted that foreign buyers are subject to the Additional Buyer’s Stamp Duty (ABSD), which is currently set at 20% for their first property purchase. Despite this added expense, the stable and promising potential for growth in the Singapore real estate market continues to attract significant foreign investment.

Furthermore, Singapore’s political stability and strong economy make it a favorable investment location. With a stable government and a well-diversified economy, investors can have confidence in the long-term growth and stability of the real estate market.

So, what exactly does expert garden maintenance entail? It goes beyond simply mowing the lawn and …

Discover Exclusive Foreign-Owned Properties in Upscale Westminster CO Explore Premium Homes for Sale

Posted on August 27, 2024 by susukinono

Singapore’s urban environment is characterized by towering skyscrapers and state-of-the-art infrastructure. Condominiums, strategically situated in desirable locations, offer a mix of opulence and practicality that appeals to both locals and foreigners. These residential complexes are equipped with various facilities, including swimming pools, fitness centers, and security services, which elevate the standard of living and make them alluring to prospective renters and buyers. For investors, these added offerings result in greater rental yields and appreciation of property values over time. Furthermore, with the option of foreign ownership, these condominiums present an even more attractive investment opportunity.

Careful planning and due diligence are crucial for those considering condo investments in Singapore, with the government’s property cooling measures being a significant consideration. These measures, such as the Additional Buyer’s Stamp Duty (ABSD), have been put in place to regulate the real estate market and prevent speculative buying. While these measures can impact …

Bringing Nature to the City Exploring Mortgage Options for Rooftop Gardens in Urban Spaces

Posted on August 27, 2024 by susukinono

Singapore’s urban environment is characterized by towering skyscrapers and state-of-the-art facilities. In highly sought-after locations, there are condominiums that offer a harmonious blend of luxury and convenience, making them appealing to both locals and foreigners. These condos boast a variety of amenities like swimming pools, fitness centers, and security services, elevating the standard of living and making them desirable to potential renters and buyers. Moreover, for investors, these mortgage options can result in higher rental returns and an increase in property values over time.

In addition to exploring mortgage options, it is also important to discuss the potential benefits and cost savings with lenders. For example, the installation of a rooftop garden can lead to energy cost savings for the building, as the garden can act as insulation and reduce the need for air conditioning. By highlighting these potential cost savings to lenders, it may be possible to secure a …

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