On December 10th, Perennial Holdings and Far East Organization held a press conference to reveal their plans for the future of the former Golden Mile Complex. The development partners presented their vision for the updated conservation building and announced the preview of the commercial units available for purchase.

Dubbed as Golden Mile Singapore, the entire development will be Singapore’s first large-scale strata-titled conserved building that retains its iconic identity as a tropical linear urban complex with brutalist architecture. Rebranded as The Golden Mile, the conserved building will now function as a commercial development, featuring 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 Golden Mile Singapore will be available for sale this month, however, the pricing for the medical suites and office units has not been released yet. In addition to the existing building, a new …

Compare price trend of Condo new sale vs EC new saleRecently launched projectsPast Condo rental transactionsMost unprofitable landed transactions in past 1 year

When it comes to real estate investments, location is a crucial factor to consider. This is especially true in Singapore, where the value of properties is greatly influenced by their location. Condominiums 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 at a higher rate. Examples of prime locations in Singapore include Orchard Road, Marina Bay, and the Central Business District (CBD), where property values have consistently risen over time. In addition, condos located near reputable schools and educational institutions are highly sought after by families, making them even more attractive for investment. For those considering investing in real estate in Singapore, it is important to carefully consider the location of …

Choosing the right location is a crucial aspect when it comes to investing in real estate and this holds especially true for Singapore. Prime condominiums located in central areas or in close proximity to important amenities such as schools, shopping malls, and public transportation hubs hold a higher potential for appreciation in value. In particular, areas like Orchard Road, Marina Bay, and the Central Business District (CBD) have consistently shown a growth in property values. Families also prioritize access to high-quality educational institutions when searching for their ideal home, making condos in these areas highly desirable. With great potential for investment, it is recommended to consider exploring Singapore Projects when searching for a property in these sought-after locations.

Colliers International, a global leader in commercial real estate services, has announced the appointment of Nicholas Menville as executive director and head of industrial clients in Singapore.

Menville brings over 19 years …

Savills Singapore has recently launched an expression of interest (EOI) for a two-storey commercial shophouse located at 15 Ann Siang Road. The 999-year leasehold property boasts a plot size of approximately 1,302 sq ft and an estimated gross floor area of 2,476 sq ft. Priced at $12.38 million, the guide price equates to $5,000 psf based on the floor area.

According to EP Buddy, the latest commercial transactions along Ann Siang Road have been tabulated, with data sourced from URA and EdgeProp Singapore. The ground floor unit of this shophouse is currently leased to a F&B outlet, while the upper floor is predominantly unused. Savills has indicated that the tenancy agreement for the ground floor unit will expire soon, making this an attractive opportunity for potential buyers to exercise a rent review.

The property is zoned for commercial use and situated within walking distance to Maxwell MRT Station along the …

Supermarket chain Sheng Siong Group has recently announced its acquisition of a portfolio of prime retail units in Singapore. The portfolio comprises of eight freehold strata units located at the popular mixed-use development Siglap V on First Street, as well as a HDB shop unit situated at 181 Lorong 4 Toa Payoh. These properties are currently owned by Jelita Property, which is a subsidiary of Hong Kong-based retail company DFI Retail Group.

Back in April, DFI had put its properties in Singapore up for sale, with real estate firm JLL appointed as the exclusive advisor. According to the guide prices that were set, the Siglap V units were to be sold for $32 million, while the Toa Payoh unit was going for $16.5 million. This translated to a price of $3,012 per square foot (psf) for the Siglap V units, and $1,696 psf for the Toa Payoh unit.

Sheng Siong’s …

In summary, opting to invest in a Singapore condo comes with a range of benefits, including its high demand, potential for increasing in value, and attractive rental yields. However, it is crucial to carefully evaluate various factors like location, financing options, government regulations, and market conditions. Through extensive research and seeking guidance from professionals, investors can make well-informed choices and maximize their returns in Singapore’s ever-evolving real estate market. Whether a local investor aiming to broaden their portfolio or a foreign buyer in search of a secure and profitable investment, Singapore condos are undoubtedly a compelling opportunity. For more information, visit Singapore Condo.

A prime corner unit at Lucky Plaza shopping mall situated on Orchard Road is now available for purchase through private treaty. This freehold property, spanning 8,848 sq ft, is being marketed exclusively by JLL and is the third largest unit within Lucky Plaza. Located on the …

CDL to unveil Norwood Grand on October 4, with sales to commence on October 19.Singapore-listed real estate firm City Developments Ltd (CDL) is all set to launch its latest project, Norwood Grand, on October 19, with previews beginning on October 4.Located on 155,351 square feet of land and on a 99-year leasehold, this private condominium comprises 348 units across four 11-storey blocks. It offers a mix of one-bedroom-plus-study to four-bedroom premium-plus-study units with sizes ranging from 495 square feet to 1,335 square feet.Prices for these units start from $988,000 ($1,996 per square foot) for a one-bedroom unit, $1.238 million ($1,984 per square foot) for a two-bedroom unit, $1.698 million ($1,923 per square foot) for a three-bedroom unit, and $2.238 million ($1,908 per square foot) for a four-bedroom plus study unit, CDL announced.CDL emerged as the top bidder for the site, which was awarded to it in September 2023 by the …