Month: February 2025

CT Pemimpin, a freehold B1 industrial factory situated at 43 Jalan Pemimpin in the Central Region, is the newest development launched by Chiu Teng Group. The group has established itself as a reputable developer, known for its excellence in creating quality commercial and industrial spaces in Singapore.

The prime location of CT Pemimpin in the heart of Singapore’s District 20 makes it an ideal choice for companies seeking a well-connected site, as well as property investors looking for a rare long-term investment option. This nine-storey partially ramp-up factory offers communal facilities, including two rooftop pavilions perfect for outdoor gatherings, solar panels on the rooftop, two passenger lifts, and a service lift. With 56 strata-titled units, three canteen units, and floor heights ranging from 5.6m to 7.35m, it also caters to individual preferences with mezzanine floors on select units on levels one and five. Each unit comes equipped with toilets for …

Conveniently situated in Lentor Hills, Lentor Central Residences is set to make its debut on Feb 21. Developed by Hong Leong Holdings, GuocoLand and CSC Land, this upcoming development comprises of two high-rise residential blocks, standing at 27 and 28 storeys respectively. With a total of 477 units ranging from one to four-bedroom apartments, ranging from 463 sq ft to 1,399 sq ft, there is a wide variety of options to choose from.Interested buyers can find out more about available units and prices for Lentor Central Residences at the exhibition. According to the developers, one-bedroom units will start from $975,000 ($2,110 psf) and two-bedroom units from $1.38 million ($2,050 psf). For three-bedroom apartments, prices start from $1.81 million ($1,984 psf) and four-bedroom units will start from $2.37 million ($2,000 psf).Apart from its attractive pricing, Lentor Central Residences is highly accessible with its close proximity to Lentor MRT Station and the …

When purchasing a condo, it is crucial to also consider the maintenance and management of the property. Maintenance fees are a common aspect of condo ownership, covering the upkeep of common areas and facilities. Although these fees may increase the overall cost of owning a condo, they are necessary for preserving its condition and value. To make this investment more passive, investors can enlist the help of a property management company to handle the day-to-day management of their condo.

Singapore Realtors Inc (SRI) has recently signed a memorandum of understanding (MOU) in collaboration with Redbrick Mortgage Advisory. This partnership aims to enhance the capabilities of SRI salespersons by providing them with advanced training on mortgage strategies. Through this collaboration, SRI agents will be equipped with the necessary skills and knowledge to guide potential homebuyers in making informed decisions about financing options.

According to Redbrick CEO Eugene Huang, …

Frasers Property Singapore’s mixed-use development, Sky Eden@Bedok, is offering its retail podium for sale through an expression of interest (EOI). The guide price for the podium, which comprises 12 strata units on the ground floor, is set at $45.2 million.

The total strata area of the podium is approximately 11,193 sq ft, translating to a price of $4,038 psf. The retail units are available for sale as a portfolio, individually, or in clusters, according to marketing agent CBRE. Their sizes range from 398 sq ft to 1,313 sq ft, with prices starting from $1.91 million to $5.55 million. All units have been approved for F&B use.

Sky Eden@Bedok is part of a 99-year leasehold development situated in Bedok Central, and construction is currently ongoing. The project includes 158 residential units spread across two 16-storey towers, with a retail podium on the ground floor. The development is a short walk away …

, but 10-year loan restriction seems to encourage singles

The Home Improvement Programme (HIP) has been selected for over 29,000 HDB flats in its latest round. According to a press release by the Housing and Development Board (HDB) on Feb 16, a total of $407 million will be allocated for the upgrading works.

The selected flats are located in various areas including Bedok, Bukit Batok, Bukit Merah, Bukit Panjang, Chua Chu Kang, Hougang, Jurong West, Pasir Ris, Queenstown, Sengkang, Tampines, Toa Payoh, and Woodlands. With this round of HIP, the scheme has now been extended to 494,000 flats, which is equal to 9 out of 10 eligible flats. As per the Minister for National Development, Desmond Lee, close to 381,000 flats have undergone upgrades since the HIP’s introduction in 2007.

The HIP was created for the purpose of providing assistance to flat owners in addressing common maintenance issues that arise …

CBRE executive director of capital markets Clemence Lee is offering a 3,391 sq ft strata-titled unit for sale at Bukit Timah Plaza mall. The unit is suitable for restaurant use and is priced at $9.8 million ($2,890 psf) – a 12% discount from the previous list price of $11 million in 3Q2022.

Located in the basement two of the mall, the unit features a 20m frontage facing the central plaza. Lee adds that the unit is currently fully leased and will be sold with the existing tenancy. The unit has a 99-year lease from 1976, with a remaining lease of 50 years.

This pricing is consistent with the last two transactions for basement two units, including a 441 sq ft unit that sold for $1.43 million ($3,240 psf) in March 2024 and an 850 sq ft unit that fetched $2.5 million ($2,940 psf) based on caveats lodged.

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Investing in …

Two adjoining strata retail units at Peninsula Plaza are currently up for sale with a list price of $10.9 million. These units are situated on the ground floor and boast prime frontage along North Bridge Road. The first unit has a strata area of 538 sq ft, while the second unit has a strata area of 581 sq ft, bringing the total to 1,119 sq ft. Based on the strata area, the asking price works out to be $9,741 per square foot.

It is crucial for international investors to have a thorough understanding of the regulations and limitations surrounding property ownership in Singapore. When it comes to purchasing property, foreigners are typically not faced with significant restrictions when buying condos, unlike landed properties that have stricter ownership guidelines. It should be noted, however, that foreign buyers are required to pay an Additional Buyer’s Stamp Duty (ABSD) of 20% on their …

Investors looking to invest in a Singapore condo should carefully consider the maintenance and management of the property. In addition to the initial purchase price, condos often come with maintenance fees that cover the upkeep of shared spaces and amenities. While these fees may seem like an additional expense, they play a crucial role in maintaining the property’s condition and ultimately preserving its value. A wise choice for investors is to engage a property management company to handle the day-to-day management of their Singapore condo. This allows for a more hands-off and passive investment experience.

Brand New Land, a visionary developer, has recently launched a collection of semi-detached homes in Bukit Timah and Upper Bukit Timah that incorporates elements inspired by Good Class Bungalow (GCB) designs. Collaborating with Pau Loh, the managing director of Tellus Design, a renowned GCB design firm, Brand New Land has brought 30 years of …

A 99-year leasehold shophouse located at 214 Serangoon Avenue 4 is set to be put up for auction at SRI’s next auction on Feb 26. The two-storey property comes with living quarters on the second floor and boasts a total floor area of approximately 1,668 sq ft. With a guide price of $1.98 million ($1,187 psf), the property has been listed as a mortgagee sale and will be appearing in SRI’s auction for the second time, after failing to find a buyer last month when it was listed at a higher guide price of $2.08 million.

According to Jansen Kee, assistant manager of auctions at SRI, the shophouse benefits from a prominent position in front of a bus stop, providing excellent visibility to passing traffic. Currently tenanted, the property is generating a gross rental yield of approximately 6.2% based on the guide price, says Kee. He also notes that the …

A four-bedroom duplex apartment, situated at the highly sought-after freehold luxury condo, 3 Orchard By-The-Park, is currently available for sale through an expression of interest exercise (EOI). The marketing agent for the unit, Huttons Asia, has set the guide price at $15.8 million.

Spanning over 3,800 sq ft, the unit has an average price of around $4,158 per sq ft. The highlight of the unit is its 4m ceiling height and private lift, with three out of the four bedrooms boasting ensuite bathrooms. The unit was extensively renovated three years ago, with an impressive $700,000 spent on revamping it, as stated by Huttons.

The 3 Orchard By-The-Park condo, located on Orchard Boulevard, was completed in 2017. It is designed by renowned Italian architect Antonia Citterio and comprises three 25-storey towers, housing a total of 77 units. The residences range from two to four-bedroom units of 1,066 sq ft to 3,800 …