Month: February 2025

Choosing the right location is essential when it comes to investing in real estate, and this is particularly crucial in Singapore. When looking for a suitable property, it is crucial to consider its location carefully. Condos that are situated in central areas or in close proximity to essential amenities, such as schools, shopping malls, and public transportation hubs, tend to appreciate in value over time. In fact, prime locations such as Orchard Road, Marina Bay, and the Central Business District (CBD) have consistently shown a growth in property values. This is why investing in a Singapore Condo in these areas can be a wise decision. Additionally, condos located near reputable schools and educational institutions are highly sought after by families, making them even more desirable and increasing their investment potential.

Tan Boon Liat Building, a commercial property located at 315 Outram Road, is now available for collective sale. This prime …

The largest penthouse at Park Nova has been sold at a record price, marking a new high for the development. The five-bedroom unit, located on the 20th floor and spanning 5,899 sq ft, was purchased by the developer for $38.888 million. This translates to a price of $6,593 per square foot (psf), as indicated in a caveat lodged on Jan 21 with the URA Realis database.

When considering investing in condos in Singapore, one must also take into account the government’s property cooling measures. In an effort to maintain a stable real estate market and prevent speculative buying, the Singaporean government has implemented various measures over the years. This includes the Additional Buyer’s Stamp Duty (ABSD), which imposes higher taxes on foreign buyers and those purchasing multiple properties. While these measures may affect the short-term profitability of condo investments, they also contribute to the long-term stability of the market, creating …

CapitaLand Investment (CLI) has announced its acquisition of a freehold land parcel in Osaka. This deal marks the company’s first foray into the data centre market in Japan, with a total investment of US$700 million or $944.3 million. With a secured power capacity of 50 megawatts (MW), CLI plans to develop a data centre that will support advanced artificial intelligence (AI) capabilities and incorporate energy-efficient solutions such as advanced cooling technologies.

According to CLI, the data centre will also adopt industry best practices in temperature management and use environmentally-friendly products with zero ozone depletion potential or a low global warming potential (GWP) to minimize its impact on the environment.

AdvertisementManohar Khiatani, Senior Executive Director of CLI, who is responsible for the group’s data centre business, shared that this acquisition is in line with the company’s digital investment theme and will expand its presence in Japan, one of its key markets. …