Author: mentorshiponline

Casa Fidelio, a freehold landed development located on Fidelio Street, off New Upper Changi Road in District 15, is set to be launched for collective sale through tender on March 20. According to PropNex Realty, the marketing agent for the site, the development is being put up for sale with a reserve price of $24 million, translating to a land rate of $1,388 psf. This marks the first collective sale attempt by the owners of Casa Fidelio.

Built in 1990, Casa Fidelio is a strata-titled landed development comprising of seven cluster terraces. It covers a land area of about 17,293 sq ft and is zoned for residential use under the 2014 Master Plan. The land is designated for two-storey mixed-landed housing.

A map showing the location of Casa Fidelio (Source: EdgeProp LandLens)

Situated in a landed housing enclave, Casa Fidelio is just a short drive away from various amenities such …

There were eight bids for the first private housing Government Land Sale (GLS) site in the upcoming Bayshore precinct, located on Bayshore Road. The 99-year leasehold site, which closed on March 18, can yield about 515 units and spans 112,992 sq ft. SingHaiyi-Garnet, a joint venture between SingHaiyi Group and Haiyi Holdings, submitted the top bid of $658.89 million, translating to a land rate of $1,388 psf per plot ratio (ppr).This bid is just 0.82% higher than the second-highest bid of $653.53 million, submitted by Sing Holdings. City Developments placed the third-highest bid at $620.8 million.As the number of bids received is the highest for a private housing GLS site since January 2022, it can be seen that developers have a strong interest in this plot. According to the CEO of OrangeTee & Tie, Justin Quek, the high bid prices indicate that developers have confidence in the potential of this …

Banyan Group, a renowned hospitality company previously known as Banyan Tree Holdings, has recently announced the launch of its latest residential project, Banyan Tree Beach Residences Oceanus, in Phuket, Thailand. Strategically located on the beautiful Bang Tao Beach, this development is set within the private community of Banyan Group’s flagship resort, Laguna Phuket. The project boasts 16 luxurious beachfront residences, with sizes ranging from 416 sq m to 768 sq m for the penthouses.

The ground-floor residences will feature private pools that extend from their terraces, while the penthouses offer stunning views of the Andaman Sea from their spacious living area balconies and rooftop terraces, complete with private pools and reflective ponds. Each residence will also have a generous living area spanning over 13 meters, double master bedrooms, and deluxe bathrooms. To elevate the exclusive lifestyle experience, a dedicated lap pool with a sun deck, as well as an open …

February saw new private home sales maintaining their positive trend with the help of fresh launches. According to the Urban Redevelopment Authority (URA), developers were able to sell 1,575 units (excluding executive condos) last month, a notable 45.4% increase from the 1,083 units sold in January.

Investing in a condominium in Singapore requires careful consideration of the government’s property cooling measures. These policies are specifically designed to prevent speculation and maintain a steady real estate market. In recent years, the Singaporean government has implemented several measures, including the Additional Buyer’s Stamp Duty (ABSD), to discourage foreign buyers and those purchasing multiple properties. While these measures may initially affect the short-term profitability of condo investments, they ultimately contribute to the long-term stability of the market. This promotes a more secure and reliable environment for investing in condominiums in Singapore. Hence, it is crucial to take these measures into account when evaluating …

Singapore Land Authority (SLA) has put up a collection of twenty heritage bungalows in Sembawang for tender. These properties are available for lease for a period of five years, with an option to extend for an additional four years.

The two-storey black-and-white bungalows are situated along Admiralty Road East, Falkland Road, Auckland Road West and Fiji Road. They were built in the 1920s and 1930s and cover a land area of about 245,300 square feet, with an estimated total gross floor area of 94,945 square feet.

The bungalows are being offered for lease with serviced apartment use, including the possibility of multi-generational and senior co-living options. F&B and retail use are also allowed, but with a maximum gross floor area of 9,580 square feet. The minimum stay for a serviced apartment is one week.

Investing in a condo in Singapore provides numerous benefits, making it a compelling investment option. Its …

CapitaLand to take over as sponsor of CICT and CCT from March 2020

Investing in a condominium in Singapore presents a multitude of advantages that make it a highly sought-after option in the real estate market. These include a strong demand for condominiums, potential for significant capital appreciation, and attractive rental yields. However, it is crucial for prospective investors to thoroughly consider various factors before making a decision, such as location, financing options, government regulations, and overall market conditions. With careful research and guidance from professionals, investors can make informed decisions and reap maximum benefits in Singapore’s ever-evolving real estate landscape. Whether you are a local investor looking to diversify your portfolio or a foreign buyer in search of a stable and profitable investment, Singapore’s condominiums are a compelling choice. To explore more opportunities in the Singapore real estate market, interested parties can also check out Singapore Projects.

The …

Keppel unveils retail and F&B lineup for Keppel Marina East Desalination PlantMixed-use Keppel Bay Tower becomes Singapore’s first zero-energy commercial building Keppel to pivot focus to brownfield development projectsFile photo of Keppel’s office building (Photo: Keppel Land)Keppel is shifting its focus from greenfield developments to brownfield redevelopment projects after the completion of Keppel South Central, according to Samuel Ng, president of the real estate division in Singapore. He states that Keppel South Central is a showcase of the company’s abilities.The article is about Keppel, a global asset manager and operator, and their plans to shift their focus to brownfield projects after completing their flagship commercial tower – Keppel South Central. The president of Keppel’s real estate division in Singapore, Samuel Ng, states that the redevelopment of Keppel South Central is a showpiece for the company.

The former Keppel Towers, now known as Keppel South Central, is a 27-storey office tower …

A 99-year leasehold semi-detached home in the coveted Kew Vale estate is set to be auctioned off by SRI on March 15 with a price guide of $3.65 million. Located in District 16, the three-storey property sits on a spacious 3,034 sq ft corner plot on Kew Heights. The current guide price equates to a land rate of $1,203 psf, making it a highly attractive and sought-after investment opportunity.

Previously a mortgagee sale, this will be the first time the property is being offered for auction. Prospective buyers can expect to acquire the property with vacant possession. Spanning a total floor area of 4,436 sq ft, the house boasts six bedrooms, a family area, and a storeroom spread across the upper two levels. The ground level comprises a spacious living hall with a stunning double-volume ceiling, an adjoining dining area, a well-equipped kitchen, and a helper’s room. The house also …

When it comes to real estate investments, careful consideration must be given, with one crucial aspect being location. This is especially true in Singapore, where the value of properties is greatly influenced by their surroundings. Condos situated in central areas or near important amenities like schools, shopping malls, and public transportation hubs have a tendency to appreciate more in value. Prime locations such as Orchard Road, Marina Bay, and the Central Business District (CBD) have consistently shown strong growth in property values. Families also prioritize condos in these areas due to their proximity to reputable schools and educational institutions, making them an even more attractive investment. With that in mind, it would be a wise decision for aspiring real estate investors to consider purchasing a Singapore Condo in these highly sought-after locations. Incorporating a Singapore Condo into their portfolio could prove to be a smart move in the ever-evolving real …