Author: vulcanismo

vulcanismo 19 July 2023

Amongst the upcoming developments expected in the area is a residential development by UOL Group Condo at Tampines Avenue 11. This mixed development consists of 532 residential units and a 3-storey commercial podium. Its close proximity to the Tampines North MRT station is great news for commuters, providing more convenience and ease of access to public transport. The development also brings with it a new set of lifestyle amenities for the area, featuring a selection of F&B, retail, banking and childcare amenities. With Tampines Ave 11 Condo UOL Group’s commitment to delivering quality projects, this iconic development is sure to be a landmark in Tampines North.

The URA Master Plan includes plans for the development of Tampines North, a ‘green shoot and bud’ of Tampines. Tampines Ave 11 Condo is located within this precinct and is set to benefit from the new housing, parks, and commercial facilities planned for the area. In keeping with the Master Plan, steps are being taken to improve pedestrian pathways and connectivity between the various precincts in Tampines North in order to create an inviting living, working, and playing space.

The parking facilities located in and around Tampines Ave 11 Condo are designed to meet the needs of its residents who own cars. These multi-level parking areas are spacious, secure, and have sufficient lighting, providing residents with ample parking space for their vehicles and the assurance of safety.

By combining multiple uses in the same development, dependency on private transport can be reduced and walking or cycling can be promoted. This not only encourages a healthier lifestyle but also contributes to lowering carbon emissions, which is in line with global sustainability objectives.
Additionally, Tampines schools provide a highly supportive learning environment, which encourages collaboration and teamwork among students and faculty. Furthermore, with the use of cutting-edge technologies, teachers are able to stay connected with their students and ensure that they are learning the material fully.

For secondary education, Tampines has excellent available options. Junyuan Secondary School, Springfield Secondary School, and St. Hilda’s Secondary School are renowned schools that have a comprehensive curriculum tailored to accommodate students with a variety of interests and strengths. These schools are recognized for their dedication to providing a holistic education that includes academics, arts, sport, and personality development. Moreover, the learning atmosphere in Tampines schools is highly supportive, stimulating teamwork and collaboration between teachers and students. Additionally, thanks to cutting-edge technology, teachers can stay connected with the students, guaranteeing that everyone is fully learning the material.

The superior connectivity that Tampines Ave 11 Condo offers is what sets it apart from other residential locations in Singapore. With its access to a range of public transport networks and expressways, the development provides unparalleled convenience, making it highly attractive to potential buyers. Regardless of whether one prefers to travel by public transport or car, they will benefit from the exceptional connectivity of Tampines Ave 11 Condo, potentially enhancing the condo’s desirability and property values in the future.

Public buses play a pivotal role in the existence of connectivity. Situated conveniently near Tampines Ave 11 Condo is a plentiful supply of bus services. As an additional advantage to living in this condo, a major bus interchange is set to be integrated into the condo’s selection of amenities, further increasing the reach of bus services for residents. This proposed interchange is destined to offer prompt and convenient bus services to different areas of Singapore, thus shortening commute durations for those living in the condo.

Residents of Singapore enjoy spectacular access to their city thanks to three nearby expressways – the PIE, TPE and KPE. These expressways provide convenient connections to the city center, as well as various parts of the island. The PIE provides an efficient route to Singapore’s bustling business district, while the TPE and KPE afford direct links to the north and central parts of the country. For commuters or those keen to explore, these expressways are unbeatable when it comes to convenience!

The exceptional connectivity of Tampines Ave 11 Condo to numerous locations in Singapore not only bestows residents with tremendous ease but could heighten property values eventually. Its nearness to multiple transport amenities makes these condos an attractive option, welcoming both homebuyers and investors as potential buyers.

The major advantage of Tampines Ave 11 Condo condo is its proximity to Changi Airport, which can be accessed by a short drive through the PIE. This is particularly beneficial to those who take frequent flights and people with occupations that require frequent traveling. Also, professionals can take advantage of the nearness of Changi Business Park, which is home to several multinational companies, allowing them to have a comfortable and hassle-free commute.

Set on 545,314 sq ft, the Tampines Ave 11 Condo located along Tampines Avenue 11 is earmarked for a vibrant mixed-use development. This future project will comprise of commercial and residential components, along with a bus interchange, a community club, and a hawker centre, all merged together for seamless access.

Tampines 1 is a bustling retail hub offering an array of shopping, dining, and lifestyle options to Tampines Ave 11 Condo dwellers. It offers an eclectic mix of trendy boutiques, beauty salons, and an extensive selection of restaurants – providing something for everyone, no matter their age. It has something for everyone to enjoy!

The formation of the Quarry Park and Boulevard Park is envisaged in the plan, with the former offering a scenic water body and the latter providing a green corridor that links various areas of Tampines North. Residents of Tampines Ave 11 Condo will be within convenient proximity of the Quarry Park, while all of Tampines North will be able to take full advantage of the Boulevard Park. Both parks will contribute to providing an abundance of recreational opportunities in the area.

By contrast, standalone condominiums may provide private living spaces, yet are often lacking in the commercial and communal elements. This means that residents must usually travel outside the immediate area to access basic amenities, dining, and entertainment. Additionally, the sense of community may be diminished, as interactions are generally limited to within the residential community.

Century Square, another major shopping centre in the vicinity, has recently undergone an extensive renovation, transforming it into a sprawling six-story lifestyle and retail hub. This state-of-the-art complex offers an array of entertainment, eating, and retail choices, making it an ideal spot for families and individuals alike. Here, you’ll find a cinema, an abundance of different restaurants, and a great selection of stores.

Residents of the area can experience a wide variety of international dining options, with no need to venture far. From Japanese and Korean restaurants to Western food establishments, there is an array of global flavours to be tasted. In addition to the local fare, these gastronomic choices provide a myriad of choices for a delicious meal.

In summary, the URA Master Plan for Tampines offers a range of advantages for the Tampines Ave 11 Condo. Residents will benefit from a range of up-to-date infrastructure, transport links, verdant spaces, commercial spaces, and community areas, making it an attractive prospect for prospective buyers. Living in Tampines Ave 11 Condo will thus provide a delightful and rewarding lifestyle, while facilitating an exciting and growing community.

Families with younger children living in the vicinity of Tampines Ave 11 Condo are in luck, for there are several quality preschools in the area. Of these, two of the most renowned are PAP Community Foundation (PCF) Sparkletots Preschool and My First Skool. These institutions provide enriching early learning programmes, designed to spur children’s curiosity and set them up for a successful learning trajectory in the future.

Mixed-use developments create an environment that facilitates social interaction and cultivates a sense of community for the people living there. Shared amenities offer residents a place to come together and to socialize, while commercial spaces provide a platform for members of the community to come together and connect. This kind of community-oriented living can make for a more enriching and fulfilling experience for those who reside in mixed-use developments.

Tampines Ave 11 Condo stands out for its prime location in Singapore’s East region, making it an appealing residential choice. An integrated transport network at its doorstep, including MRT stations, buses, and expressways, ensures that easy commute and excellent connectivity is at its residents’ fingertips. Truly, one of the most outstanding features of this highly-anticipated mixed-use development is its superb access, both public and private, that provides incomparable convenience for its occupants.

The URA Master Plan has provisions for significant improvements to the transport infrastructure in the vicinity. One such example is the upcoming Cross Island Line (CRL), which is set to drastically improve the connectivity for locals. Tampines North MRT station, part of the CRL, will be conveniently located near Tampines Ave 11 Condo, affording residents fast access to various areas across Singapore.

The Master Plan also highlights the introduction of commercial facilities in addition to green spaces. Tampines North Hub, a mixed-use development, is set to be established in the near future, offering a variety of community, retail, and food and beverage options for the inhabitants of Tampines Ave 11 Condo. This new hub is sure to boost the amenity selection for residents in the area.

Tampines has been identified in the Master Plan as a vital regional centre, meaning more job opportunities will be made available to local inhabitants. This includes the establishment of Singapore’s first regional centre – Tampines Regional Centre – as well as the nearby Changi Business Park, which is a major business hub in Singapore. Thus, if you live in Tampines Ave 11 Condo, you can enjoy shorter commutes to the places mentioned above.

The upcoming hawker centre at the Tampines Ave 11 Condo’s integrated development will add to the already existing culinary diversity, creating an extra layer of convenience for residents who need not to leave the premises to get access to a variety of local dishes.

Tampines Ave 11 Condo has the advantage of being surrounded by several highly reputed primary schools, including Poi Ching School, Junyuan Primary School, and St. Hilda’s Primary School. Character development and a variety of co-curricular activities are strongly emphasised in these schools, as well as academic excellence. Parents are actively encouraged to be involved in their children’s educational experiences, creating a close-knit community.

Mixed-use developments provide their residents with an enhanced lifestyle, featuring a range of amenities on-site. Such developments often include leisure, entertainment, and wellness facilities, to ensure residents have numerous options for relaxation and recreation. For example, the Tampines Avenue 11 Condo comes complete with a community club that not only fosters a sense of community but also offers a venue for engaging in a wide range of activities.

Condominiums that stand alone generally possess fewer amenities than those that are mixed-use. They may have typical facilities, like swimming pools, workout rooms, and barbeque spots, but tend to lack the commercial realms, social organizations, and convenient transportation that a mixed-use development may provide.

Situated in the Tampines North precinct, Tampines Ave 11 Condo is set to benefit from the upcoming enhancements in the area, courtesy of the Urban Redevelopment Authority’s Master Plan. An exciting prospect arising from living nearby is the new Tampines North Integrated Transport Hub, as part of the Cross Island Line (CRL). Offering direct connections to multiple transport lines, this station makes travelling around the city much easier, making the condo an attractive proposition.

A joint venture consisting of CapitaLand, UOL and SingLand has unveiled plans to build a mixed-use development in Tampines Ave 11, which will feature 1,190 new homes as well as retail and community amenities to serve the expanding population of Tampines North. The stakes in this project will be held evenly, with each of the three partners taking a 50% share. The press release, which was issued on June 27, states that the development is designed to meet the lifestyle needs of the area’s residents.

When it comes to the culinary scene near Tampines Ave 11 Condo, there is something to suit every taste! Residents in the area have an array of food options accessible to them, including both local and international cuisines. There are many eateries and food courts in the area offering a wide range of dishes. Those looking for traditional hawker fare, modern fusion food, or even more sophisticated fare can easily find something to enjoy around Tampines Ave 11 Condo.

Situated in the city-fringe district of Tampines, the Tampines Ave 11 Condo is a mixed-use development coming up in the heart of Tampines North. The development site attracted three bids, with a joint venture comprising of UOL Group, Singapore Land (SingLand) and CapitaLand Development emerging as the highest bidder at $1.206 billion, or $885 per square foot per plot ratio (psf ppr), a 13.9% premium over the next-highest bid of $1.06 billion or $777 psf ppr, submitted by Pine II Commercial and Pine II Residential, both affiliates of Allgreen Properties.

Mixed-use developments come with a wealth of conveniences and amenities, which can result in increased property values and higher rental demand. The benefit of such a development is its ability to offer tenants and buyers the convenience they seek and an improved lifestyle, which could lead to them paying a premium. By providing commercial and residential spaces, it creates a more diverse range of income sources, thereby potentially generating higher returns on investments.

The Singapore University of Technology and Design (SUTD), Singapore’s fourth autonomous university, is located nearby. This renowned university provides a distinct education experience that focuses on design-centric approaches which stimulate innovation and creativity. This can be a huge bonus for families with older children who are looking into higher education options.

Tampines Avenue 11 Condo is set to address the burgeoning demand for private properties in the Outside Central Region with a new influx of mass-market dwellings. As an integrated development, it will see strong interest from both HDB upgraders and owner-occupiers, aided by its forthcoming connection to the upcoming Tampines North MRT station of the Cross Island Line.

For motorists, the Tampines Ave 11 Condo is a very compelling option. Its prime spot offers convenient access to several major highways, allowing for an effortless journey around the island. The nearby Pan Island Expressway (PIE) is just a short drive away, while the Tampines Expressway (TPE) and Kallang-Paya Lebar Expressway (KPE) ensure a swift connection to Singapore’s other regions.
There will also be infrastructure improvements such as the construction of a new road to improve traffic flow, as well as the planting of more trees to improve the local environment.

The Master Plan places a large emphasis on the enhancement of the community. It includes plans to construct a variety of community centres and hawker centres, including one situated within Tampines Ave 11 Condo, to bring neighbours together and provide opportunities for socialisation. In addition, infrastructure upgrades such as the construction of a new road for traffic regulation and more trees for the betterment of the environment are also part of the plan.

The Tampines Round Market & Food Centre is an integral part of the food scene in Tampines. A popular spot amongst locals, it offers a wide selection of hawker stalls dishing out some of Singapore’s most popular delicacies. From morning till night, the centre buzzes with people seeking out tasty yet affordable meals. Truly, the market is a sight to behold!
Various services, such as general practitioners, polyclinics, specialist clinics, medical centres as well as rehabilitation and elders’ care centres, will be available at the hub.

The Master Plan incorporates the upgrading of healthcare facilities. The new Integrated Health Hub in Bedok will offer a comprehensive range of healthcare services to the local community, streamlining the process of obtaining medical assistance and eliminating the need to travel far to do so. The hub will provide facilities such as general practitioners, polyclinics, specialist clinics, medical centres, rehabilitation centres and elders’ care centres.

Tampines has been identified as a cycling town in the Master Plan, with new cycling paths set to be added to the existing network. This will make cycling safer and more pleasant, giving residents of Tampines Ave 11 Condo an alternative mode of transport option that promotes a healthier and more environment-friendly lifestyle.

The Urban Redevelopment Authority (URA) Master Plan for Tampines seeks to improve the area’s liveability through a comprehensive long-term plan. This plan outlines measures to boost amenities, infrastructure, and transport accessibility, all of which are designed to elevate the lifestyle of inhabitants of the upcoming Tampines Ave 11 Condo.

Located close to Tampines Ave 11 Condo, Temasek Polytechnic is a highly esteemed institution offering a delicious menu of courses in various disciplines such as business, information technology, design and applied sciences. The polytechnic provides a stimulating learning atmosphere with all the latest resources and strong industry partnerships ensuring that students are well-equipped to succeed in their future professions.

The Tampines Ave 11 Condo, with its close proximity to a variety of top-notch educational institutions, is an outstanding option for families who are looking for the best educational opportunities for their children. From primary and secondary schools to tertiary institutions, this development provides residents with a variety of educational choices for all age groups and levels of study. Therefore, this property is the ideal place to raise a family.

The potential selling price of residential units in the future Tampines Ave 11 Condo joint venture could start at $1,900 psf, as indicated by the $885 psf ppr bid. With the attractiveness of mixed-use developments having large retail elements, homebuyers today might be ready to pay over S$2,100 psf.
Furthermore, the mall also offers a host of dining and entertainment options, making it the one-stop destination for all your shopping needs. Apart from the accessible malls, the condo is also surrounded by a range of smaller stores and eateries. Offering an array of amenities such as supermarkets, salons, and even medical support, the area around the condo enhances its overall convenience.

The exciting mix of shopping venues surrounding the condo make it an ideal option for those looking to stay connected to the vibrant shopping scene. With its strategic location in the Tampines region, it is close to some of Singapore’s popular malls, including Tampines Mall. This suburban mall is home to an incredible range of retail outlets, offering something for everyone. From fashion to electronics, and home goods, shoppers can find everything they need in one place. Additionally, the mall also has an array of dining and entertainment options, making it the perfect spot for shopping. Alongside the malls, the condo is surrounded by smaller stores and eateries, providing all the essential amenities such as supermarkets, salons, and medical support. All these features make it an attractive choice for those looking for the best shopping experience.

Mixed-use developments like Tampines Avenue 11 Condo are gaining popularity as they provide the convenience and lifestyle benefits that are not available in standalone condominiums. Such developments integrate residential, commercial, and communal spaces in one unified community, leading to a livelier atmosphere and numerous advantages.
With the unveiling of Tampines Avenue 11 Condo, residents will be able to enjoy the lifestyle of their choice, without having to sacrifice convenience, accessibility, and potential property value.

Mixed-use developments such as Tampines Avenue 11 Condo offer definite advantages over traditional condominiums, providing a more comprehensive approach to urban living for today’s hustle-and-bustle lifestyle. In terms of convenience, accessibility, lifestyle offerings, potential property value, and community living, these mixed-use developments are second-to-none. With the launch of Tampines Avenue 11 Condo, residents will be able to experience the advantages of this unique urban living, with nearby amenities and facilities just a stone’s throw away. This makes it easier to lead a lifestyle of one’s choice without sacrificing convenience, accessibility, or potential property value.

The appeal of Tampines Ave 11 Condo extends beyond ordinary educational establishments to include great connectivity. An extensive transportation system is easily accessible, making it simple and favorable for students to get to and from their schools. Whether it is by bus, MRT, or on foot, it is effortless and comfortable to make the journey to classes.

Tampines is an ideal place for students of all ages to access quality education. There are several primary, secondary and tertiary schools located within the community. Additionally, the area is home to numerous tuition centres and enrichment schools, allowing students to gain further academic assistance. From language tuition to science and mathematics classes, parents can find a variety of supplemental learning opportunities within the area.

Mixed-use developments provide unrivaled convenience, with essential amenities like retail outlets, food and beverage establishments and supermarkets often incorporated into the same space. This helps to reduce the time and effort spent on everyday chores. The Tampines Avenue 11 Condo is a prime example of this, as it includes a hawker centre and a bus interchange within the development, granting an extra level of convenience to the inhabitants.
The campus is situated in a safe, green neighborhood, with easy access to public transportation, making it a great choice for those seeking a quality education. UWCSEA also offers a variety of extracurricular activities, such as art, community service, and sports, to further enhance its students’ educational experience.

The United World College of South East Asia (UWCSEA) near Tampines Avenue 11 Condo is another notable tertiary institution in the vicinity. It is one of the leading international schools in Singapore that follows the International Baccalaureate (IB) curriculum from kindergarten to high school. Boasting a commitment to academic excellence, intercultural understanding, and personal development, UWCSEA provides a comprehensive learning experience for its students of diverse nationalities within a secure and green neighborhood. The school is conveniently accessible to public transportation, making it a preferred choice for those desiring a top-notch education. Moreover, UWCSEA also offers a wide array of extracurricular activities, such as art, community service, and sports, in order to supplement the students’ academic pursuits.

The Tampines Ave 11 Condo is strategically situated in the middle of a plethora of shopping malls and dining options, providing residents with an ultimate urban living experience. Featuring a diverse range of amenities nearby, the condominium offers its residents a perfect balance of comfort, convenience, and lifestyle choices. Whether you’re a shopping aficionado, a food connoisseur, or both, Tampines Ave 11 Condo guarantees an incomparable residential experience.

The residents of Tampines Ave 11 Condo enjoy a remarkable urban lifestyle, thanks to the plethora of shopping centres and eateries located in the vicinity. From prestigious retail outlets to a wide selection of eateries, every desire is just a stone’s throw away – ensuring that the residents have everything they need at their fingertips.

Tampines Ave 11 Condo is conveniently located in the mature town of Tampines, Singapore, offering families with children of all ages an ideal living environment due to its close proximity to a multitude of reputable schools. It is a great option for parents, as there is a wide selection of educational institutions from pre-school to tertiary level.

Residing in Tampines Ave 11 Condo, future occupants of the neighbourhood will have convenient access to the Tampines North MRT station, an interchange station that links the Downtown Line (DTL) and East West Line (EWL). Just a short drive away, this station provides more excellent transit options to residents of the area.

The heart of this shopping hub is no doubt Jewel Changi Airport, a short drive away. It is an incredible lifestyle destination that boasts a mix of nature, shopping, and dining. A visit here ensures a truly unique experience, featuring 280 shops and eateries, a massive indoor waterfall, and a lush indoor forest. Jewel truly is the crown jewel of the shopping landscape.…

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vulcanismo 21 April 2023

Shui On Land, a Hong Kong-listed property company, has announced the formation of a joint venture with state-owned enterprise Shanghai Pucheng to undertake a redevelopment project in Pujiang Town, Minhang district of Shanghai, China. This project will see the redevelopment of Zhaojia Lou Ancient Town, an AAAA-rated tourist attraction.

The joint venture will be redeveloping land parcels located next to the Shanghai Shenjiahu Expressway and the Shanghai North-South Elevated Road and this development will include residential, commercial and ancillary facilities.

Jessica Wang, CEO of Shui On Land, highlighted that “over the past 30 years, Shui On Land has developed a strong foothold in Shanghai and participated in urban renewal projects with proven capabilities in master planning, cultural preservation, community operation and urban regeneration.”

The group has previously embarked on another large-scale urban renovation project in Shanghai at Panlong Tiandi, which has proven to be a success, giving them confidence in the future prospects of the Zhaojia Lou project.

Shui On Land is owned by the Shui On Group, a building-materials and construction firm founded by Hong Kong billionaire Vincent Lo.…

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vulcanismo 21 April 2023

The sale of a first-floor unit at Parc Stevens, a 48-unit freehold condo located off Stevens Road in prime District 10, was the most profitable condo resale transaction recorded during the week of April 4 to 11 based on caveats lodged. The 3,466 sq ft, five-bedroom unit fetched $7.86 million ($2,265 psf) on April 10, netting a profit of $2.65 million (51%) after 16 years and marking the highest psf-price ever recorded at the development.

The most profitable transaction previously registered at Parc Stevens was last May after a 3,305 sq ft unit on the fourth floor changed hands for $6.23 million ($1,885 psf). The seller had purchased the unit for $4.23 million ($1,059 psf) in July 2005 and made a gain of $2.73 million.

The second most profitable transaction during the week in review occurred at Yong An Park, a freehold condo in the River Valley area. On April 6, a four-bedroom unit measuring 3,434 sq ft on the 10th floor changed hands for $8.1 million, or $2,359 psf. The seller had bought the unit for $6.02 million ($1,753 psf) in March 2012, clocking a gain of $2.08 million (35%) over a 11-year holding period. Completed in 1986, Yong An Park consists of 288 residences comprising one- to four-bedders between 1,023 and 3,552 sq ft, penthouse units and townhouse units.

Meanwhile, the most unprofitable transaction recorded during the week in review was the sale of a four-bedroom unit at Marina Bay Suites. On April 10, the 2,680 sq ft unit on the 25th floor was sold for $5.25 million ($1,959 psf). The seller had purchased the unit from the developer for $6.39 million ($2,383 psf) in December 2009, resulting in a loss of $1.14 million (18%) over a holding period of over 13 years. Marina Bay Suites is a 99-year leasehold development on Central Boulevard with 221 units, comprising three- and four-bedders between 1,572 and 2,691 sq ft. Since January 2021, 24 resale transactions have taken place at the development, with 23 of them occurring below the purchase price according to caveats lodged.

Overall, Singapore’s condo resale market has seen its fair share of lucrative deals, as well as underperforming transactions. These serve as a reminder to prospective buyers and sellers to consider their investments carefully and factor in long-term objectives when making these decisions.…

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vulcanismo 17 April 2023

and Greater Southern Waterfront on EdgeProp.sg
Over the past three days, Blossoms By The Park sales gallery has been swamped with visitors. According to Lim Yew Soon, the managing director of EL Development, a whopping 4,000 people have dropped by the private condo since its opening on April 14th.

The people visiting have mainly been locals, with the 275-unit residential building situated in the one-north part of Singapore. It holds a mix of one to four bedroom premium units, and offers potential buyers a variety of price ranges. A one-bedroom-plus-study unit can be purchased for $1.291 million, which comes to about $2,352 psf. Meanwhile, a two-bedroom-plus-study unit is from $1.585 million and is equivalent to $2,198 psf.

Ken Low, the managing partner of SRI, proposes that the average sale price within the project would be around the range of $2,350 to $2,400 psf. It is unsurprising, due to the areas attractive points – being a three-minute walk away from Buona Vista MRT Interchange Station, a five-minute walk away from The Star Vista mall, 1km away from Fairfield Methodist School, and a mere five-minutes away from Greater Southern Waterfront.

The launch of the Blossoms By The Park is scheduled on April 29th, and will definitely be of interest to investors given its desirable aspects. To find out more about listings in the vicinity of the project, head over to EdgeProp.sg!…

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vulcanismo 14 April 2023

Living at The Myst Condo, located near Bukit Panjang Transport Hub, provides convenience and flexibility for those with multigenerational families. Travelling to the places you love is easy, as the residence is near Bukit Panjang MRT Station, Segar LRT station, and Bukit Panjang Bus Interchange, providing an abundance of public transportation options.

The Myst Condo by CDL is a luxurious residence that offers a variety of modern amenities for its residents. Shopping, dining, and entertainment are all easily accessible from the condo, providing excellent convenience. For those looking to relax and de-stress, a fully-equipped gym, swimming pool, Jacuzzi, and yoga pavilion are easily accessible. Additional features such as a children’s play area, BBQ pits, and a landscaped garden make The Myst Condo by CDL an ideal place for those looking for luxury living.

Located close to The Myst Condo in Bukit Panjang, Zhenghua Nature Park is located on the edge of Central Catchment Nature Reserve and provides a green shield for the reserve. Nature lovers will delight in the various types of birds and wildlife that can be seen at the park, such as squirrels, monitor lizards, and long-tail macaques. From the bicycle trails to the walking routes, this park has something for everyone; offering a combination of challenging terrains and easy paths.
In addition, the Myst Condo is also close to the LRT station that runs from Bukit Panjang to Clementi.

Living at the Myst Condo offers an abundance of transportation options for its residents. The condo is situated close to the MRT stations, bus interchange, and LRT station, making it highly accessible. Located near the Bukit Panjang Bus Interchange, a variety of buses are available to serve the area. Additionally, the free shuttle service provided by the Myst Condo developer allows residents to conveniently reach the Bukit Panjang Downtown MRT. Furthermore, the area is also close to the LRT station from Bukit Panjang to Clementi.

Located within easy reach of The Myst Condo, the Bukit Panjang Integrated Transport Hub is just a five-minute stroll away. This transport hub is connected to the Downtown Line and the Bukit Panjang LRT, creating a seamless and convenient way to get around Singapore. Whether it’s for a trip to the city centre or an exploration of the area, the train and LRT are an ideal choice. Apart from this, the hub also houses a wide range of bus services, allowing The Myst Condo residents to easily access the rest of Singapore.
and more. These shopping centres offer a wide range of products and amenities including supermarkets, restaurants, cinemas, retail stores, beauty salons, electronics and real estate agents. You can also find all kinds of food flavours from a variety of restaurants there. Living in The Myst Condo is a great advantage due to its location near to many shopping centres, providing residents with convenient access to everything they need.

The residents of The Myst Condo enjoy the convenience of living near shopping centres that provide an extensive range of amenities and food choices. Having a city apartment near a shopping centre is a great advantage, as it eliminates the need to go from store to store and the possibility of not finding what they are looking for. The shopping centres near The Myst Condo include Bukit Panjang Plaza, Fajar Shopping Centre, Hillion Mall, Junction 10, Bukit Panjang Hawker Centre, Cashew Village, Senja Cashew Community Centre, Cashew Heights Shopping Centre and more. These centres offer a wide selection of products and services such as supermarkets, restaurants, cinemas, retail stores, beauty salons, electronics and real estate agents. Moreover, residents can take advantage of discounts, better prices and other benefits that smaller stores often don’t have. Shopping centres also offer an enjoyable and time-efficient experience. You can easily find what you need in a short amount of time, so you can go and enjoy other activities, such as a movie or a snack. It’s also a great place to hang out with friends and family. The Myst Condo’s close proximity to a variety of shopping centres gives residents easy access to all the products and services they need, as well as a variety of food flavours from many different restaurants. Therefore, living at The Myst Condo provides a great opportunity with its close proximity to shopping centres.

The Cashew Estate is a stunning rural area with a pleasant atmosphere. Its most popular site is the Rail Corridor, running from the old Tanjong Pagar Railway Station to Kranji MRT Station, and is a popular spot for nature lovers, cyclists, and joggers. For more information, The Reserve Residences at Beauty World and The Botany at Dairy Farm, the new developments with direct access to the Corridor, have maps of the Corridor. Furthermore, Bukit Timah Nature Reserve is just a stone’s throw away, letting residents get up close and personal with nature. Ultimately, this estate is a perfect mix of indoor and outdoor activities, with amazing views and calming green areas.

The Myst CDL at Bukit Panjang is a luxurious residential development that is dedicated to providing an eco-friendly and sustainable lifestyle. Set in the vibrant cityscape of Singapore, the property is situated in a tranquil, lush environment, offering residents the unique combination of convenience and serenity.

Tan Kah Kee MRT (DT8) provides commuters access to a number of esteemed educational institutions, including National Junior College, Hwa Chong Institution, Hwa Chong International School, and Raffles Girls’ Primary School.

If you’re looking for a prime spot, The Myst Condo is nearby a wealth of public transport options. With a 30-minute walk, you can easily get to either Bukit Panjang MRT Station or Hillview MRT Station. What’s more, the closest bus stops only moments away include Bef Chestnut Avenue, Bukit Panjang Road, and Upper Bukit Timah Road. Plus, you can reach Orchard Road and the Central Business District in a convenient 25 minutes.

Residents of The Myst Condo are spoiled for choice when it comes to amenities, as the development is just a quick 5-minute walk from the ever-popular Hillion Mall. This mall is a top destination for shopping, dining and entertainment, offering an eclectic variety of retail stores, food outlets and other fun activities like a cinema and bowling alley. All of these facilities are easily accessible for The Myst Condo residents, allowing them to enjoy all the amenities the mall has to offer.
The Myst CDL is set within a tranquil and lush forest, giving its residents the perfect balance of convenience and serenity.

The Myst CDL of the forest is designed to offer its inhabitants a sense of luxury and tranquillity. The condominium is equipped with top-of-the-range amenities and facilities, such as a swimming pool, gym, tennis court, and a clubhouse. In addition, the condominium features an eye-catching sky garden, providing an ideal spot to unwind and appreciate the stunning views of the surrounding forest. With its peaceful and lush forest setting, the Myst CDL offers an ideal balance of comfort and serenity.

The Myst Condo is situated in the centre of Bukit Panjang, Singapore, just a short distance away from Bukit Panjang Integrated Transport Hub and Hillion Mall. This advantageous location enables the residence of The Myst Condo to benefit from a wealth of conveniences, from easy access to public transport to the proximity of a mall that offers both shopping and dining. Therefore, this makes The Myst Condo an excellent choice for those seeking a convenient and comfortable place to live.
Furthermore, Bukit Panjang Plaza is a major shopping center offering a large variety of retail stores and eateries, popular with both locals and visitors. Hillview is a residential estate nestled in the hills and is home to Dairy Farm Nature Park, a park with a range of amenities including boardwalk trails, fitness corners, and a playground.

District 23, which includes Choa Chu Kang, Bukit Batok, Hillview and Bukit Panjang, has become a highly sought-after spot for both purchasers and renters. The area, which got its name in the Teochew dialect from the word “kangchu”, was initially a rural area but has since been transformed into a thriving modern area with two malls, Lot One Shoppers’ Mall near the Choa Chu Kang MRT station and West Mall in Bukit Batok, as wells as numerous public transportation connections. Choa Chu Kang Park remains a reminder of the area’s earlier days, with fruit tree plantations still visible as one takes a stroll through the area. Bukit Batok is famous for its natural attractions such as Bukit Batok Town Park, Bukit Batok Nature Park, Bukit Batok Hill, and Little Guilin, which looks like its namesake in China and offers views of towering granite surrounded by a lake. West Mall houses a library, post office, and a theatre, while Bukit Panjang’s Bukit Panjang Plaza is known for its expansive range of retail stores and eateries, frequented by both locals and visitors. Lastly, Hillview is a residential estate in the hills, where you can find Dairy Farm Nature Park with its boardwalk trails, fitness corners, and a playground.

The Myst of the Forest condo is known for its unparalleled, unobstructed views of the natural landscape. From the upper floors of the building, one can take in the green hills of Bukit Timah Nature Reserve, as well as the horizon stretching out before them. This sight grants a sense of calm and relaxation. Anyone lucky enough to have the opportunity to take in these majestic views will be left in awe.

Botanic Gardens MRT (DT9) is conveniently located near the National University of Singapore’s (NUS) Bukit Timah Campus. The MRT station is a major transit hub, providing easy access to students, faculty and staff at NUS, as well as other commuters travelling to and from the university. It serves as a significant landmark for commuters, allowing them to get to their destinations quickly and easily. Additionally, the station is equipped with lifts, escalators and other convenient amenities to make travelling to and from the campus a more comfortable experience.

The Myst Condo of the forest at Bukit Timah Road is a highly sought-after residence in Singapore. Surrounded by lush greenery and rolling hills, this lavish condominium offers its inhabitants breathtaking views of the natural environment. Within the tropical landscape, the property is equipped with a range of sumptuous amenities and facilities. Whether it’s the infinity pool, sky terrace, fitness facility, spa center, or recreational space, there’s something to suit everyone’s needs. Residents can enjoy the security and convenience of the world-class 24-hour concierge service and the peace of mind of the round-the-clock security system. With its unrivalled combination of nature, luxury, and convenience, The Myst Condo of the forest at Bukit Timah Road is the perfect place to call home.

The Myst Condo is situated close to numerous parks and recreational zones. People living here have the chance to take in the glory of Bukit Panjang Park, Chestnut Nature Park, and Zhenghua Park. Pedestrians and cyclists both have plenty of pathways to check out, plus playgrounds and additional entertainment facilities. Also in the vicinity, one will find the Bukit Panjang Swimming Complex, which includes an Olympic-sized pool.

The Myst Condo is situated conveniently close to a plethora of medical facilities, with the Bukit Panjang Polyclinic being a mere walking distance away. The Polyclinic offers an extensive range of medical services. Not too far away, one can also find the National University Hospital, the Sengkang Clinic, and the esteemed Tan Tock Seng Hospital, thus providing a wide choice of healthcare amenities to the property’s residents.

The Myst Condo by CDL offers a desirable mix of luxury and serenity. Nestled near nature reserves and parks, residents of the condominium can enjoy the best of city living while still having access to the calming effects of nature. Parks in the vicinity of The Myst Condo include Bukit Batok Nature Park, Bukit Timah Nature Reserve, Dairy Farm Nature Park, Hindhede Nature Park, MacRitchie Reservoir Park, Singapore Quarry, Singapore Botanic Gardens, Bukit Panjang Park Connector, Bukit Batok Town Park and Bukit Timah Hill Park Connector.

What’s more, the DTL has opened up numerous possibilities for leisure and recreational venues, such as dining options, entertainment venues and retail outlets at the many stations along the line.

The Downtown Line (DTL) is shaking up Singapore’s public transport system in a major way. As the fifth MRT line, it has brought a wealth of access to people in areas previously unserved, including Bukit Panjang, Bukit Timah and Bedok Reservoir. With 34 stations in total, commuters have the benefit of an easier and more convenient alternative for travelling across the city and enjoying seamless access to the central core. People living in the Bukit Panjang to Bukit Timah zone, who use the line, can enjoy a travel time reduction of up to 30%. Those who live in the east have the benefit of fewer bus trips and shorter commutes. Not only do people enjoy time savings, but the DTL has opened up numerous possibilities for leisure and recreational venues. From the stations along the line, commuters now have access to numerous dining choices, entertainment options and retail outlets.

Additionally, the property has a water harvesting system in place to capture rainwater and store it for use in various applications. Solar panels are also used to generate electricity and power the building.

The Myst is built with energy efficiency as a priority, utilizing a variety of green technologies to reduce energy consumption. Air-conditioning units are highly efficient, lighting and motion sensors are intelligent, and appliances are top-of-the-line, all benefitting from minimal energy use. Double-glazed windows and insulation are also employed to prevent heat loss and optimize energy efficiency. Rainwater is collected and stored, thanks to a water harvesting system, while solar panels are used for further electricity generation and powering the building.

The Myst CDL at Cashew MRT Station is a modern and luxurious condominium development situated in Singapore’s suburban region. It is an ideal choice for those looking for a sustainable and environmentally friendly living experience, as it boasts of a perfect balance of modern luxury and green features. This development offers a practical yet luxurious way of life that one can enjoy for years to come.

The Myst by CDL, a mid-sized condominium project, offers a unique living experience for its residents. It features a 50-meter pool, a luxurious clubhouse, and multiple tennis courts, providing a great selection of amenities for its tenants. Families with children will find The Myst particularly attractive, being only a short drive away from Bukit Panjang Primary, CHIJ, National University of Singapore, and Ngee Ann Polytechnic. Moreover, the condominium project is situated close to renowned malls and shopping centers such as Hillion Mall, Bukit Panjang Plaza, HillV2, The Rail Mall, and the upcoming The Reserve Residence Mall. This means that residents of The Myst can not only access a wide range of shopping and dining options, but also benefit from enrichment centers and childcare facilities nearby.

The Myst Condo’s advantageous location provides easy access to the rest of Singapore, as well as the ease of having a wide variety of amenities within arm’s reach. CDL can benefit from the green spaces and refurbishment plans in the vicinity, enabling them to come up with a development that not only improves the neighbourhood, but gives living in the area a delightful experience.

In recent years, the city-state has turned its attention to revitalising the Bukit Timah area with a range of initiatives designed to improve connectivity and introduce additional green spaces to the neighbourhood. One such plan is the Railway Corridor development close to The Myst Condo, which seeks to revive disused railway tracks and turn them into a communal area. Another initiative focused on the area is the Beauty World rejuvenation plan, aiming to bring about the creation of a green urban village.

The Myst is a residential development set in a prime location at 798 and 800 Upper Bukit Timah Road, covering a combined site area of 179,007 square feet. It is bordered by the Cashew Estate, one of Singapore’s most sought-after Good Class Bungalow Areas (GCBA), making it an appealing option for potential buyers. The last new launch in the area was the Espa condominium, completed in 2010.

At The Myst Condo Upper Bukit Timah Road, sustainability initiatives have been implemented through its landscaping design. Native plants and trees that are drought-resistant and low-maintenance have been incorporated, while organic fertilizers and composting systems have been included to decrease the need for chemical fertilizers. Moreover, a water-efficient irrigation system has been installed to reduce water consumption.

The Myst of the forest provides the ideal place to relax and rejuvenate. Its picturesque views, first-class amenities and facilities, and the feeling of tranquility it exudes make it a perfect spot for residents to bask in nature’s beauty. Furthermore, its close proximity to the Bukit Timah Nature Reserve allows for easy access to wonderful hikes and nature walks.

Covering an area of 25,500 hectares, the West Region of Singapore is the largest of the five regions. Jurong East is the regional center, while Jurong West is the most populated town. It is inhabited by numerous international heavy industry companies like BP, ExxonMobil, DuPont, Mitsui Chemicals and Shell, primarily in the petrochemical sector. To further develop the region, the government has a plan to turn the Jurong Lake District and Jurong Innovation District into the second Central Business District in Singapore. Additionally, it is projected that the Tuas Mega Port, due to be ready in the 2040s, will become the world’s largest single container port, having a capacity of around 65 million TEUs per annum.

The Downtown Line (DTL) improves the connectivity in the Central Business District (CBD) area, permitting quicker travelling from Millenia Walk to Marina Bay Sands and City Hall Fringe. The newly opened DTL3, which adds 21 km to the DTL, offers a direct connection to Tampines Regional Centre and Changi Business Park with no necessity for a bus transfer. The incorporation of DTL3 has caused the Downtown Line to become Singapore’s longest underground MRT line at 42 km, with no stations in-between.

The Myst former Tan Chong Industrial Park is the perfect choice for conscientious Green Living. Its clever design and utilization of resources makes it one of the most sustainable residential properties in the area. Thanks to its smart and eco-friendly features, it is a great choice for those looking to live in an environmentally sound manner. From its energy efficient building materials to the utmost care taken in the preservation and conservation of its basins and wetlands, this former industrial park is a model of sustainability. The development also boasts a host of other innovative features including intelligent building systems and modern green amenities, making it the perfect place to call home.

Families looking for a comfortable, convenient living experience need look no further than The Myst Condo. Located in Bukit Panjang, the residence offers easy access to public transportation, local shopping and recreational options. The Myst Condo is the perfect choice for those desiring a comfortable and convenient home.

CDL Aries is making their presence known in the residential district of Upper Bukit Timah with their recent acquisition of two plots of land for S$126.3 million ($92.5 million). With this move, there is potential for a new condominium tower to be constructed in the up-and-coming area, and CDL are in a position to make the most of the various development plans in the sector. This could be the beginnings of a highly sought-after residential project in Singapore, and a significant venture for the developer.

Newton MRT (DT10) is a station located on the Downtown Line, which links to the Anglo Chinese School (Barker Road). This station offers commuters an easy and convenient way to access the surrounding area. The station is also connected to other nearby MRT lines, like the North-South Line, making it a great option for those living in the area or commuting for work or leisure. Additionally, the station is well-served by public buses and has a vast range of amenities available within a short walking distance, such as shopping centers, restaurants and other local attractions. With its convenient connectivity and amenities, Newton MRT (DT10) is an ideal location for commuters travelling to the Anglo Chinese School (Barker Road) or the surrounding area.

The Myst Condo is an ideal place for families to stay with a variety of nearby amenities. Schools, medical centres, banks, supermarkets and other essential services are conveniently located in the neighbourhood, providing everything needed for daily living. Residents can rest assured that they are never far from what they need, making The Myst Condo an ideal home for families.

The exceptional position of The Myst enables City Developments Ltd to provide an assortment of special features for their properties. This privileged spot gives them the capacity to bring something special to the table, offering potential buyers a distinctive experience.

CDL Aries is poised to capitalize on the various transformations and revitalization initiatives taking place in the vicinity of The Myst Condo through the purchase of the Upper Bukit Timah site. This gives the company the opportunity to craft a residential scheme that will be in great demand among Singaporeans and investors due to the location’s prestige and amenities.

The Sixth Avenue Mass Rapid Transit (MRT) station (code DT71) is located near the Nanyang Girls’ High School. It is a convenient transportation option for teachers and students, as it provides direct access to the school. The station is also within close proximity to various other places of learning, such as Raffles Girls’ Primary School, Chinese High School, and Singapore Chinese Girls’ School. Furthermore, it is a mere 3 to 4 minutes’ walk away from the nearby Sixth Avenue shopping district and Holland Village. The Sixth Avenue MRT (DT71) thus provides a prime spot for students and teachers alike to travel to and from the Nanyang Girls’ High School.

The Bukit Panjang Integrated Transport Hub, serving as the 9th Integrated Transport Hub in Singapore, is conveniently connected to the adjacent Hillion Mall. With the presence of a number of academic institutions, such as the nearby De La Salle School, this condo is ideal for those with children who seek short walks to school. The Myst Condo also provides a host of international schools nearby, further expanding the educational opportunities for its inhabitants.

Beauty World MRT (DT5) is the nearest station to Bukit Timah Primary School, Pei Hwa Presbyterian Primary School, and DIMENSIONS International College (Bukit Timah Campus). All three places are conveniently located near the Beauty World station, making it an ideal transit point for visitors and students alike.

The Myst Condo, the latest development of City Developments Limited (CDL Aries), is situated in an ideal location at the junction of Bukit Panjang and Cashew. Spanning an area of 16,620 square metres, this prime plot of land located at 798 and 800 Upper Bukit Timah Road within the Tan Chong industrial park of northwest Singapore has been given a plot ratio of 2.1 and a build-up of up to 24 storeys in height. All in all, it promises to be a remarkable residential development.

The Myst Condo by CDL is the ideal spot to enjoy nature’s best with its close proximity to a number of nature reserves and parks. It is conveniently located within walking distance to the Singapore Botanic Gardens and Bukit Timah Nature Reserve, enabling individuals to partake in invigorating outdoor pursuits such as biking, bird watching, and hiking. Experiencing the beauty of nature has never been easier at The Myst Condo by CDL.

King Albert Park MRT (OTC) is easily accessible to a number of institutions, including Methodist Girls’ School (Primary), Methodist Girls’ School (Secondary), Hollandse School, Swiss School, and Singapore Korean International School. With the station being so conveniently located, it has become a popular transportation hub and an invaluable resource for the community.

Hillview MRT (DT3) is in close proximity to two renowned educational institutions, the German European School and St. Francis Methodist School. Both schools offer an excellent educational experience, providing students with a solid foundation that can be applied to their future aspirations. The German European School offers a German curriculum, while St. Francis Methodist School offers a British curriculum. Both schools provide a well-rounded learning experience, helping students achieve success in their academic pursuits. Both schools are conveniently located close to Hillview MRT station, making it a great option for those looking to access these educational institutions.

Living in Upper Bukit Timah can be a great choice for those who want to be within easy reach of the area’s top educational institutions. The Cashew MRT station, part of the Downtown line, is only around 5 minutes by foot from the side gate of The Myst. There are also a number of well-known schools near the MRT stations in this area, including the National University of Singapore, which is just a short bus ride away in 15 minutes. Meanwhile, Ngee Ann Polytechnic and Singapore Polytechnic are also within easy reach. So, if you are looking for a home near top educational institutions, properties in the Cashew to Bukit Timah area might be the best option for you.

The Myst boasts a selection of landscaping features that are focused on sustainability. Residents are able to enjoy a tranquil and relaxing environment in the rooftop garden, featuring lush vegetation. Additionally, the development has implemented rainwater harvesting systems, helping to reduce water usage and conserve resources. With these features, the community is able to offer a unique and eco-friendly living experience.

The Myst Condo is situated in a prime location, surrounded by schools, commercial spaces and parks, with the Tan Chong industrial park right next to the 19-floor Hazel Park condominium building. Moreover, the area is well-connected to public transportation lines, such as Cashew MRT station, part of Singapore’s Downtown Line, reachable within seven minutes and the old Bukit Timah railway station only 13 minutes away from the condominium.

The Myst Condo offers a convenient location for its residents, being a mere 10 minute walk to the nearest MRT station and various shopping centres. Residents have the choice of dining out at nearby restaurants, or going for a shopping spree at the many shopping malls. The MRT stations nearest to the condo include the Jelapang MRT, Choa Chu Kang MRT, and Yew Tee MRT. Those who would like to take the free shuttle bus provided by the developer can take it to nearby Bukit Panjang Downtown MRT as well.

The Myst Condo offers its residents immense ease of access, as it is situated near Bukit Panjang Integrated Transport Hub, which has a wealth of services available to the tenants. Thus, making this location incredibly advantageous and convenient for its residents.

The Myst Condo by CDL is a luxurious development nestled in the heart of Bukit Timah, Singapore. Boasting lush greenery and surrounded by nature reserves, this remarkable development is the perfect escape from the hustle and bustle of city living. With its convenient location on Upper Bukit Timah Road, The Myst Condo is easily accessible from the city centre.

The Myst Condo offers residents a great selection of amenities and activities. Residents can easily access the variety of stores, eateries, and services located in the vicinity of the property. Furthermore, Bukit Panjang Plaza is located close by, providing a range of services and entertainment to choose from. From shopping malls to cinemas and food courts, there is something for everyone to enjoy here.

The Myst Condo at Bukit Panjang offers modern luxury living in a sustainable environment. Residents enjoy a range of landscaping features, including a rooftop garden, energy-efficient lighting systems, solar panels, native plants and trees, organic fertilizers and composting systems, water-efficient irrigation, and recreational facilities. Together, these features make The Myst an ideal choice for green and eco-friendly living.

At The Myst Condo, natural light and ventilation are maximized by floor-to-ceiling windows and balconies. These balconies create a nicely landscaped green area, affording stunning views of the surrounding city. The windows and balconies ensure that both natural light and ventilation are maximized throughout the building.…

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vulcanismo 12 April 2023

Offering immediate rental income and long-term capital appreciation potential, two freehold shophouses located at 5 and 7 Jasmine Road are up for sale via expression of interest (EOI) at a guide price of $10.5 million, or $2,665 psf on the floor area.

The two-storey shophouses have a total site area of approximately 3,650 sq ft, with an existing combined floor area of about 3,940 sq ft. Located in the heart of Upper Thomson and surrounded by a number of popular eateries, cafes, and prestigious educational institutions, the properties are zoned for “residential with commercial at 1st storey” use, with a gross plot ratio of 3.0 and building height control of up to four storeys under the 2019 Master Plan.

The properties are situated close to amenities such as Upper Thomson Plaza shopping mall and Adelphi Park Estate. Additionally, they are easily accessible via major roads and expressways such as Upper Thomson Road, Lornie Road, Thomson Road, Braddell Road, Marymount Road and the Pan Island Expressway, with Upper and Caldecott MRT stations just a minute’s walk away.

Steven Tan, Managing Director of Capital Markets and Investment Sales at ERA Realty Network, explains that this rare opportunity offers investors a great return-on-investment potential.

“The successful buyer can consider redeveloping the adjoining shophouses into a four-storey residential building with commercial space on the first storey, subject to the authorities’ approval. The redeveloped building could have a gross floor area of about 10,950 sq ft.”

Offered on an “as is where is” basis with existing tenancies, the EOI exercise for the property closes on May 8 at 3pm.

For those who wish to invest in Singapore’s commercial property market, this is a great chance to own two freehold shophouses for immediate rental income and future capital appreciation potential.​…

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vulcanismo 11 April 2023

The 26-unit walk-up development located at 52 to 62H Tanjong Katong Road has been put up for collective sale at a guide price of $63 million. This release is the second try made by the owners, as the property already was launched for tender at an indicative price of $65.5 million in July last year.

Sole marketing agency Huttons Asia informed that the property received several offers below the asking price. Spanning an area of 32,397 ft, the four-storey building is zoned for residential use with an allowable gross plot ratio (GPR) of 1.4 and could potentially yield 45,356 ft of gross floor area upon redevelopment. An average size of 915 ft could accommodate approximately 49 residential apartments.

The guide price implies a land rate of $1,401 per square foot per plot ratio, including a estimated land betterment charge of $530,000. However, taking into consideration a 7% bonus balcony gross floor area, the land rate could be lowered to $1,375 psf ppr.

Terence Lian, head of investment sales at Huttons Asia, believes that this property will have a high demand from buyers searching for their new homes in District 15. He denotes the successful launch of Tembusu Grand, a 638-unit condominium by City Developments and MCL Land, as an example of the market’s buoyancy.

The location of the property, just 500m away from the Paya Lebar MRT Station and a 10-minute drive away from the CBD, gives the area more charm. Closeby, one can find shopping malls such as PLQ mall and Parkway Parade, as well as recreational facilities like the Singapore Sports Hub and East Coast Park. Additionally, the Katong and Joo Chiat areas provide an extensive selection of F&B and cafe options.

Angela Lim, deputy head of investment sales at Huttons Asia, says it could be popular with professionals and young couples due to its convenient location, as it is only five stops away to City Hall Interchange.

For those interested, the tender for the property ends on May 9 at 2pm.…

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vulcanismo 10 April 2023

Two well-maintained conservation shophouses located in District 8’s Jalan Besar/Little India precinct have been put up for sale with a guide price of $13 million. With a total floor area of 5,360 sq ft, the two-storey shophouses coupled with its mezzanine space is available at a price of $2,425 psf. The properties come with a land area of approximately 2,870 sq ft and a frontage of 11.4 metre along Perak Road.

These shophouses are conveniently situated merely three minutes away from Rochor MRT Station and have been approved for use as a backpackers’ hostel. Gracelynn Zhu of PropNex Shophouse Elites, which is the property’s marketing agency, reveals that the current owner has received multiple offers from potential tenants, despite their well-kept condition and ideal location surrounded by amenities and close to the Bugis area. However, vacant possession will be provided to the new owner who can then decide which type of tenant would best suit the property.

Post-pandemic, the recovery of the tourism sector has been remarkable, thus making these shophouses a great investment for hostel operators who plan to tap into the renewed interest in accessible accommodation among travellers. On the other hand, investors seeking a rental and capital growth will likely be attracted to the property’s estimated potential of achieving a gross rental yield of over 3%. Furthermore, no additional buyer’s stamp duty is payable since the properties are zoned for commercial use.

The close of tender will be on 8th May 2021 at 3pm. During the auction, one should take note of the recent transactions of properties situated on Perak Road.

In conclusion, the shophouses at 6 and 7 Perak Road may prove to be a smart purchase for both investors and hostel operators, due to its convenient location and strategic positioning, relatively low cost and rental potential. The overall condition of the building is well-maintained, thus requiring minimal refurbishment. The new owner will be provided with vacant possession and not forget the absence of additional buyer’s stamp duty.…

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vulcanismo 7 April 2023

Sandeep Sethi has been appointed by JLL as their new Division President of Work Dynamics in the Asia Pacific region. He currently holds the portfolio of Managing Director and Head of Work Dynamics for West Asia, and the new appointment expands his responsibilities. With over 27 years of professional experience, 10 of which he has been associated with JLL, Sethi has been successful in developing deep client relationships, and growing the business to become the largest occupier agency managing over 160 million sq ft of office spaces in India, Sri Lanka, Mauritius and Bangladesh.

In his new role at JLL, Sethi will look after the North Asia market, and ensure quality of services delivered to the clients. He has also been tasked with increasing JLL’s market share in mainland China and Hong Kong. Sethi will be based in Gurgaon and will report to Susheel Koul, CEO for Work Dynamics, Asia Pacific. Koul stated that Sethi’s new appointment reflects the company’s commitment to cultivating their staff to meet the needs of their diverse client base.

In addition to overseeing the North Asia market, Sethi’s duties will include the full real estate life cycle services such as integrated facilities management, construction management services, sustainability and workplace consulting, workplace experience and lease transaction management.

As an established leader and attitude client advisor, Sethi is well-versed with the ever-changing nature of commercial real estate. This makes him a great fit for the position and will surely be a great help for JLL in their Asia-Pacific work dynamics business.…

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vulcanismo 4 April 2023

The sale of a 500,000 sq ft shipyard at 1 Benoi Road has been launched via an expression of interest (EOI) exercise at a guide price of $11.3 million. Located at the junction of Benoi Road and Pioneer Road, within Jurong Industrial Estate, the property is suitable for shipbuilding, ship or vessel repair and maintenance. It features a two-storey office block with a single-storey annexe office, three blocks of single-storey workshop, a mould loft building, a fabrication workshop and wharf.

The location provides excellent access to major expressways and is only a five-minute drive away from Joo Koon MRT Station.

Isabel It, associate division director of Huttons Asia, says the plot is regular in shape with a corner frontage of about 255m on Benoi Road and Pioneer Road and an average plot depth of about 213m. The land is generally at an access-road level with a flat contour and to its east, the land has a roughly 230m frontage along the waterfront.

Lee Sze Teck, senior director of research at Huttons Asia, says the last known sale of a similar plot in Benoi was a 328,105 sq ft plot at 5 Benoi Road in December 2020 at $10.5 million. The nearest shipyard, located at 55 Gul Road, is about a 10-minute drive away from 1 Benoi Road and was acquired by ST Engineering for $95 million in February.

He believes that the property is suitable for companies looking to expand their business, as plots of land of such size meant for vessel building or maintenance usage is rarely available for sale.

The sale, however, is subject to approval from relevant authorities and the EOI exercise for the property will close on April 27 at 3pm.

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For those interestedin the Benoi Road, Jurong Industrial Estate property, recent transactions of industrial property on the same road provide pointers for what to expect.EdgeProp Research tool lists them as examples of comparison.…

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