Real Estate – Vulcanismo Condo

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.…

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.…

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.…

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.…

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.…

vulcanismo 4 April 2023

The tender for a 99-year leasehold residential government land sale (GLS) site at Lentor Gardens saw GuocoLand and Intrepid Investments (a subsidiary of Hong Leong Group) joint venture partners submitting a $486.8 million bid, translating to a land rate of $985 psf per plot ratio (psf ppr).

Mark Yip, CEO of Huttons Asia, noted that the bid was the lowest for a land parcel in the Lentor precinct. This was the first residential GLS tender to see only one bid since the Silat Avenue GLS site in 2018, which was won for $1.035 billion by a consortium led by UOL Group.

The last two residential GLS sites offered in the Lentor area were Lentor Central and Lentor Hill (Parcel B). Lentor Central was awarded to a consortium comprising China Communications Construction, Soilbuild Group Holdings and United Engineers with a $481.03 million bid ($1,108 psf ppr). The top bidder for Lentor Hills (Parcel B) was TID (a joint venture between Hong Leong Group and Mitsui Fudosan) with a bid of $276.36 million ($1,130 psf ppr).

Prior to this, a GLS site at Lentor Hills Road (Parcel A) was sold for $586.6 million ($1,060 psf ppr) in January 2022 and the 598-unit Lentor Hills Residences, developed by GuocoLand, Hong Leong Holdings and TID, is expected to be launched soon.

GuocoLand’s launch of the 605-unit Lentor Modern integrated development saw 84% of the units sold on launch weekend. Based on caveats lodged, the project is 88% sold at an average price of $2,104 psf.

Steven Tan, CEO of OrangeTee & Tie, believes that the eventual launch at the Lentor Gardens site could see units priced around $1,950 to $2,050 psf.

It is estimated that all seven residential sites at Lentor could bring about some 3,500 units to the area and possibly 11,000 new residents. Potential homebuyers are likely to be drawn to the connectivity to public transport and recreational facilities, as well as its proximity to schools such as CHIJ St Nicholas Girls’ School.

GuocoLand envisaged the development to comprise of 533 units with 600 sqm of childcare facilities. Leonard Tay, head of research at Knight Frank Singapore, points out that developers may have been deterred by the risky outlook and the risk of being subject to Additional Buyer’s Stamp Duty if they are unable to sell all units within five years.

Two other GLS sites at Lentor, a at Lentor Central and Lentor Gardens, are still up for sale under the 1H2023 GLS Programme with Lentor Central expected to launch for tender this month.

The tender for the Lentor Gardens government land sale (GLS) site closed today with the joint venture of GuocoLand and Intrepid Investments submitting a $486.8 million bid and setting a new record for a land parcel in the Lentor precinct – a land rate of $985 psf per plot ratio (psf ppr).

GuocoLand are envisioning a 533-unit high-end residential development along with 600 sqm of childcare facilities. This is to complement the two other upcoming developments – Lentor Modern and Lentor Hills Residences – in their plans to transform the Lentor Hills estate to a premium residential area.

The last two residential GLS sites in Lentor, Lentor Central and Lentor Hill (Parcel B), were awarded last September. Lentor Central fetched the highest bid at $481.03 million ($1,108 psf ppr), while the top bidder for Lentor Hills (Parcel B) was TID (a joint venture between Hong Leong Group and Mitsui Fudosan) with a bid of $276.36 million ($1,130 psf ppr).

Meanwhile, Lentor Modern integrated development was launched last September and already saw 84% of its units being sold on launch weekend with an average price of $2,104 psf. GuocoLand purchased the GLS site for $784.1 million ($1,204 psf ppr) in July 2021.

Despite the fact that seven GLS sites in Lentor could potentially bring about some 3,500 new units to the area and 11,000 new residents, its proximity to public transport and recreational facilities as well as schools like CHIJ St Nicholas Girls’ School makes the area desirable to potential homebuyers.

OrangeTee & Tie’s CEO Steven Tan expects units at the Lentor Gardens site to be priced at around $1,950 to $2,050 psf. Two other GLS sites at Lentor; one at Lentor Central and Laurntor Gardens are still available for sale in the 1H2023 GLS Programme, with Lentor Central expected to launch for tender this month.…

vulcanismo 30 March 2023

CDL Aries, a subsidiary of one of Singapore’s largest non-government-controlled developers, has acquired the rights to two contiguous lots at 798 and 800 Upper Bukit Timah Road in northwest Singapore’s Tan Chong industrial park. The Myst Aries CDL is a 16620 square metre (178,900 square foot) development, has been zoned for residential use and is allowed a plot ratio of 2.1, meaning a potential high rise of up to 24 storeys can be built on the prime plot. Strategically located at the heart of Bukit Panjang and Cashew, The Myst CDL is ready to provide an exceptional living experience for its residents.

In recent years, the city-state has been seeking to revitalize the Bukit Timah locality through a range of development initiatives that seek to upgrade connectivity and introduce more green areas to the district. Among these is a proposed Railway Corridor transformation near The Myst Condo, likely to convert the abandoned rail track into a communal zone. Furthermore, the Beauty World regeneration plan is expected to be implemented to form a vibrant, green urban center.

The Hazel Park condominium, standing at 19-floors, is situated adjacent to Tan Chong industrial park and is part of the Myst Condo community. This area is known for its wealth of educational options, commercial workspaces and parks. In addition, the area is well-connected to public transport networks, with the Cashew MRT station on Singapore’s Downtown Line reachable in just 7 minutes and the historical Bukit Timah railway station being accessible within a 13 minute walk.

CDL Aries is well-equipped to capitalize on the multitude of developments and renewal plans in the area surrounding The Myst Condo with its acquisition of the Upper Bukit Timah site. Through this, CDL is able to design a residential project which will offer Singaporeans and potential investors a highly desired address due to the exclusive and convenient location.

The location of The Myst Condo provides convenient access to the rest of Singapore and a variety of amenities within easy reach. CDL can use the green spaces and rejuvenation plans in the vicinity to craft a residential project that will not only complement the neighbourhood but also give residents a delightful living experience.

CDL Aries is looking to take full advantage of the dynamic possibilities of development in the area of Upper Bukit Timah, Singapore, by acquiring two plots of land for the sum of S$126.3 million ($92.5 million). The potential of a high-end condominium tower in the increasingly sought-after residential area serves as an opportunity to create a desirable project that will be attractive to both Singaporeans and investors. This acquisition could be the precursor of an ambitious project, and lays the foundations for CDL Aries to make their mark in the area.

The Myst Condo provides outstanding convenience to its residents, thanks to its proximity to Bukit Panjang Integrated Transport Hub. There, the residents have a wealth of facilities at their disposal.

Living at The Myst Condo, situated near the Bukit Panjang Transport Hub, brings convenience and flexibility to multigenerational families. Benefiting from its close proximity to the Bukit Panjang MRT Station, Segar LRT station and Bukit Panjang Bus Interchange, getting to desired destinations is a breeze with the abundance of public transport options.

Bukit Panjang Integrated Transport Hub is the 9th Integrated Transport Hub in Singapore and The Myst Condo is conveniently connected to nearby Hillion Mall. For those with young children, schools within a short walking distance of The Myst Condo, such as De La Salle School, are accessible and provide ample educational facilities. Furthermore, the area is home to numerous international schools.

The Myst Condo offers an array of amenities within walking distance, such as a 10 minute stroll to the closest MRT station, shopping malls, and restaurants. Residents are also provided with the option to take advantage of the complimentary shuttle bus service to the Bukit Panjang Downtown MRT station offered by the developer. With the nearby MRT stations of Jelapang MRT, Choa Chu Kang MRT, and Yew Tee MRT, you can be sure to have access to all of the conveniences you need in just one place.

The Myst Condo is situated in a very convenient area; with Bukit Panjang MRT Station and Hillview MRT Station easily accessible within a half-an-hour walk. Additionally, nearby bus stops (Bef Chestnut Avenue, Bukit Panjang Road and Upper Bukit Timah Road) make it easy to reach Orchard Road and the Central Business District in only 25 minutes. All in all, you won’t find a location that’s easier to get around in.

The Myst Condo, located in Bukit Timah Road, is a highly sought-after residence in Singapore. Surrounded by lush greenery and rolling hills, this luxurious condominium offers stunning views of the tranquil tropical landscape. Residents delight in the peaceful setting made up of the serene surroundings, while having access to the abundance of natural beauty that is just beyond the doorstep. From the outdoor swimming pool and fitness centre, to the clubhouse and sports complex, there is something for everyone to enjoy.

Residents also have the option of using the private shuttle service, which provides convenient access to the nearby Bukit Timah Nature Reserve, where they can take in the breathtaking views of wildlife and flora. Whether it’s enjoying an evening stroll with family and friends, or lounging in the sun-soaked terrace, The Myst Condo of the forest at Bukit Timah Road provides an ideal getaway from the hustle and bustle of city life.

The Myst of the forest is renowned for its unencumbered view, offering an unrestricted vista over the surrounding natural landscape. From the loftier levels of the condominium, the Bukit Timah Nature Reserve with its luscious green hills can be marveled at. The enchanting views reach out as far as the eye can see, immersing one in a tranquil and placid environment.

Residents of the Myst CDL of the forest can enjoy a variety of activities and entertainment options, including a movie theater, shopping, and even a bowling alley. The condominium also features a security system and 24/7 concierge service.

Myst CDL of the forest is a tranquil residence that provides its inhabitants with an atmosphere of extravagance and comfort. World-class amenities like a swimming pool, exercise room, tennis court and a club house are included in the condominium. Furthermore, one can relish the picturesque views of nature from the sky garden, placed on the premises. Residents of this condominium have various entertainment options that include a movie theatre, shopping and bowling alley. Myst CDL of the forest also offers 24/7 concierge services as well as a security system for its inhabitants.

The Myst of the forest is a serene and peaceful getaway, ideal for those seeking to relax and unwind. Boasting stunning vistas, lavish amenities and facilities, as well as a tranquil atmosphere, this luxurious condominium is the perfect place to bask in the beauty of nature. Residents of The Myst of the forest can conveniently explore the nearby Bukit Timah Nature Reserve, perfect for extraordinary hikes and mesmerizing nature walks.

Situated in the centre of Bukit Panjang, Singapore, The Myst Condo offers its residents close proximity to the Bukit Panjang Integrated Transport Hub and Hillion Mall, making it an ideal spot for those who crave convenience. Being within walking distance of these amenities, residents can enjoy quick access to public transport and have a range of shopping and dining options at the nearby mall. The Myst Condo provides all one could need for a comfortable and convenient lifestyle.

Just a 5-minute walk from The Myst Condo, you’ll find the Bukit Panjang Integrated Transport Hub, making it easy for residents to get around the island. By hopping on the Downtown Line or the Bukit Panjang LRT, you can explore the city centre or explore your neighbourhood. You can also take advantage of the numerous bus services running from the transport hub for convenient travel to other parts of Singapore.

The Myst Condo is in proximity to the renowned Hillion Mall, which is a major shopping, dining and entertainment center in Bukit Panjang. It provides a wide selection of retail stores, eateries and recreational activities such as a cinema and a bowling alley, thus providing convenience and comfort to the residents of The Myst Condo. With a mere five-minute walk, they can easily enjoy all these amenities at the mall.

The Myst Condo is within close proximity of a multitude of offerings that make it an ideal location for families. There are schools situated in the vicinity, granting easy access for parents and children alike. Furthermore, there are medical establishments, banks, grocery stores, and other essential facilities close by, making it simple for residents to find whatever they require.

The Myst CDL at Cashew MRT Station is a contemporary accommodation that offers a heavenly mix of modernity and comfort. Boasting sustainable features, this luxury condominium is the perfect choice for those who are looking for an eco-friendly living space in Singapore’s suburban area. Its sublime combination of luxurious and environmentally friendly attributes make for a home that is both comfortable and efficient.

The Myst is designed with a focus on sustainability, featuring a host of landscaping elements. Residents can take advantage of a rooftop garden, a tranquil respite from the city’s hustle, full of lush vegetation. To further conserve resources and reduce water consumption, the garden is equipped with rainwater harvesting systems. This provides an opportunity for both relaxation and eco-friendly practices within the same space.

At the Myst Condo Upper Bukit Timah Road, sustainable features have been integrated into the landscaping design. Native plants and trees, which need little upkeep and can withstand dry conditions, have been installed. Moreover, organic fertilizers and composting systems are featured, lessening the need for chemical fertilizers. In addition, a water-efficient irrigation system has been fitted to reduce water usage.

The Myst Condo at Bukit Panjang offers its residents a luxurious lifestyle, as well as the opportunity to enjoy the benefits of sustainability. This contemporary condominium development has been designed to feature a wide range of landscaping, such as a rooftop garden, energy-efficient lighting systems, solar panels, native plants and trees, organic fertilizers and composting systems, water-efficient irrigation and recreational facilities. All of these features make The Myst Condo at Bukit Panjang an ideal choice for anyone looking for a green and eco-friendly living space.

District 23, encompassing Choa Chu Kang, Bukit Batok, Hillview, and Bukit Panjang, is an attractive option for both those seeking a home to buy and those looking to rent. Deriving its name from “kangchu”, which is Teochew for ‘plantation workers’, Choa Chu Kang was once a kampung but has now transformed into a modern area, complete with efficient public transport and two malls, namely Lot One Shoppers’ Mall at the MRT station, which provides an array of retail and dining options.

While out and about, visitors can still admire the old fruit tree plantations at Choa Chu Kang Park. Bukit Batok is renowned for its natural wonders, such as the Town Park, Nature Park, Hill, and Little Guilin – a resemblance of the landscape of Guilin in China, featuring towering granite rocks surrounding a lake. West Mall is the primary shopping centre in Bukit Batok and is home to a public library, post office, and cinema.

With an area of 25,500 hectares, the West Region of Singapore is the biggest of the five regions. The regional center is Jurong East, while Jurong West is the most populated town. Home to several of Singapore’s major industrial companies, the region boasts several international players such as BP, ExxonMobil, DuPont, Mitsui Chemicals, and Shell, primarily in the petrochemical sector. To further develop the West Region, the government has plans to transform Jurong Lake District and Jurong Innovation District into Singapore’s second Central Business District. Additionally, the completion of the Tuas Mega Port in the 2040s is anticipated to make it the world’s largest single container port, having an annual capacity of 65 million TEUs.

The Downtown Line (DTL) represents a major turning point in Singapore’s mass transit system. As the fifth MRT line, it is providing access to several areas that were previously not served, such as Bukit Panjang, Bukit Timah and Bedok Reservoir. With 34 stations, the DTL offers a more efficient way to get around the city, connecting people to its central core with fewer transfers. For those living in the Bukit Panjang to Bukit Timah area, the Downtown Line decreases their travel time into the city by up to 30%, while those residing in the east gain from shorter bus rides and expedited commutes.

The Downtown Line (DTL) has further enhanced connectivity in the Central Business District (CBD) area, improving transit time for commuters travelling from Millenia Walk towards Marina Bay Sands and City Hall Fringe. DTL3 recently opened, adding an extra 21km to the line’s total length and allowing a direct link between Tampines Regional Centre and Changi Business Park without having to change buses. With the completion of the Downtown Line, it has become the longest underground Metro Rail Transit line in Singapore, at 42 km and with no intermediate stations.

Residents of The Myst will be able to enjoy an exclusive living experience with its top-notch facilities such as a 50-meter pool, a sprawling clubhouse, and tennis courts. Families with children in particular will benefit from the condominium’s proximity to educational institutions like Bukit Panjang Primary, CHIJ, National University of Singapore, and Ngee Ann Polytechnic. Shopping, dining, enrichment centers, and childcare facilities are all within a short drive, with Hillion Mall, Bukit Panjang Plaza, HillV2, The Rail Mall, and the upcoming The Reserve Residence Mall all close by. The Myst by CDL promises an ideal living experience for families in a serene, yet connected environment.

Situated on two plots at 798 and 800 Upper Bukit Timah Road, The Myst occupies a total of 179,007 sq ft. It is located near the Cashew Estate, granting property seekers a chance to own a house in one of Singapore’s most desirable GCBAs. The last fresh launch in the locality was the Espa condominium project, finished in the year 2010.

The Myst’s prominent position gives City Developments Ltd the opportunity to supply these dwellings with some distinctive amenities. Situated in a desirable locale, the residences will feature beneficial elements. Residents will enjoy being part of this fantastic location.

The Myst CDL at Bukit Panjang is a luxurious residential property that has made a commitment to sustainable and green living. Set in the dynamic metropolis of Singapore, this residential development is surrounded by tranquil and lush greenery, affording residents the best of both an urban and natural environment.

The Tan Chong Industrial Park, formerly known as The Myst, merges smart and green features, making it the ideal residential residence for eco-minded individuals. Its resourceful design and efficient utilization of resources place it as one of the most environmentally conscious properties in the area.

The Myst has been engineered with energy efficiency in its forefront, using multiple green technologies to minimize energy usage. Highly efficient air-conditioning systems, intelligent lighting and motion sensors, and energy-conserving appliances are all integrated into the design of the building. Double-glazed windows and insulation have also been installed to minimize thermal loss and maximize energy efficiency. Ultimately, these features ensure that the Myst maximizes its energy efficiency potential.

The building offers an array of amenities, from fitness centers and swimming pools to fireplaces, entertainment rooms, and dining areas. The rooftop terrace features a stunning open-air pool and bar, giving residents the perfect spot to kick back and unwind.

The Myst Condo has been designed to take full advantage of natural light and ventilation. Floor-to-ceiling windows and balconies maximize both, while a lush green garden off the balcony offers stunning views of the city. Residents can enjoy a wide range of amenities including fitness centers, swimming pools, fireplaces, entertainment rooms and dining areas. To top it off, the rooftop terrace features an open-air pool and bar, perfect for relaxation and enjoyment.

Situated near to The Myst Condo at Bukit Panjang, Zhenghua Nature Park is a great example of nature conservation, forming a green buffer for the Central Catchment Nature Reserve. The park is a great spot for bird watching as well as observing common local creatures like squirrels, monitor lizards and long-tail macaques. Walkers and cyclists can make use of the trails in the park, which offer a combination of challenging routes and mild inclines.

The Myst Condo offers its inhabitants a plethora of amenities and activities. There are numerous shops, restaurants, and other facilities located within easy reach of the property. Residents can take advantage of the nearby Bukit Panjang Plaza, which offers many services and leisure options. Its most notable attractions include a shopping mall, cinema, and food court.

The Myst Condo is in close proximity to a host of parks and recreational spaces, such as Bukit Panjang Park, Chestnut Nature Park, and Zhenghua Park. Within this green and lush environment, there are plenty of trails for walkers and cyclists to traverse, as well as playgrounds and other recreational facilities. Residents can also take advantage of the close proximity to the Bukit Panjang Swimming Complex which boasts an Olympic-size pool.

The Myst Condo is conveniently positioned close to numerous medical establishments. One such establishment is the Bukit Panjang Polyclinic, which can easily be reached on foot from the property. Moreover, there are other medical facilities that are nearby, such as the National University Hospital, the Sengkang Clinic, and the Tan Tock Seng Hospital. The nearby Downtown Line is just a short walk away, making it easy for residents to get around the city.

Residents of The Myst Condo enjoy convenient access to transportation options. Those living in the development can make use of nearby MRT stations, buses, and LRT services for easy travel. The Bukit Panjang Bus Interchange is close at hand to accommodate residents with a range of bus services. Furthermore, the developer is providing a free shuttle bus from The Myst Condo to the Bukit Panjang Downtown MRT that allows for easy access to the Downtown Line. In addition, the Downtown Line is just a short walk away, providing a hassle-free way of getting around the city.

Located in the heart of Bukit Panjang, The Myst Condo is the perfect home for any family searching for a comfortable and convenient living environment. With its easy access to public transportation, plenty of shopping options, and plenty of recreational activities to keep you entertained, The Myst Condo offers an ideal living experience for those looking for an easy and convenient lifestyle in Bukit Panjang.

The Cashew Estate is renowned for its charming, rural atmosphere and features the Rail Corridor as a key part of it. Nature lovers, cyclists, and joggers all find the Corridor, stretching from the former Tanjong Pagar Railway Station to Kranji MRT Station, to be an attractive destination. The upcoming projects, The Reserve Residences at Beauty World and The Botany at Dairy Farm, provide access to the Rail Corridor while allowing residents to enjoy their own indoor-outdoor living experience within striking scenery. Residents have even more access to nature just a short distance away at Bukit Timah Nature Reserve. Strolling through the Cashew Estate is a great way to experience the serenity of its green spaces.

Upper Bukit Timah is ideal for anyone wanting to be close to some of the top educational institutions in the vicinity. The Myst is just a 5-minute walk away from the Cashew MRT station, part of the Downtown Line. Other popular schools such as the National University of Singapore, Ngee Ann Polytechnic, and Singapore Polytechnic are merely a 15-minute bus journey away. Living in this area, properties ranging from Cashew to Bukit Timah, are ideal for families seeking homes close to reputable schools. Here are some of the nearby educational institutions located close to MRT stations:

Hillview MRT (DT3) is situated close to the German European School and St. Francis Methodist School. This convenient location makes the MRT station easily accessible for students from both schools, providing them with an efficient means of transport to and from school. Furthermore, the station also connects to other parts of Singapore, making it an ideal transit hub for commuters.

Beauty World MRT (DT5) is located near to Bukit Timah Primary School, Pei Hwa Presbyterian Primary School and DIMENSIONS International College (Bukit Timah Campus). These educational institutions are easily accessible from this MRT station.

King Albert Park MRT (OTC) provides easy access to five prominent educational institutions: Methodist Girls’ School (Primary), Methodist Girls’ School (Secondary), Hollandse School, Swiss School, and Singapore Korean International School. Therefore, making it a preferred area for parents and students to reside in.

The Sixth Avenue MRT (DT71) station, located in Bukit Timah, is situated near the renowned Nanyang Girls’ High School. It is an ideal spot for students and faculty of the school as it provides a convenient and efficient mode of transport. The station is also served by a number of buses, making it an ideal commuting option for those travelling to and from the nearby vicinity. The station also has nearby amenities, such as shopping and dining outlets, contributing to its overall service level. With the close proximity of Nanyang Girls’ High School, it makes the Sixth Avenue MRT station an essential and convenient hub for commuters and travellers in the area.

The Tan Kah Kee MRT Station (DT8) is situated near several renowned educational institutions, such as National Junior College, Hwa Chong Institution, Hwa Chong International School and Raffles Girls’ Primary School. These esteemed institutions provide quality education for students of all ages and the proximity of the MRT Station offers convenient access for students and staff.

Botanic Gardens MRT (DT9) is an important station on the Downtown Line, providing a direct connection to the National University of Singapore’s Bukit Timah Campus. The station is located in the Bukit Timah area, close to numerous attractions such as the Singapore Botanic Gardens, Farrer Road and Holland Village, making it a popular spot for locals and visitors alike. Passengers can easily access the campus by exiting at Botanic Gardens and taking the free shuttle bus service to the university. The station is also conveniently located near the Bukit Timah Nature Reserve, where many visitors go to enjoy the beauty of the lush greenery. With its great access to multiple attractions, Botanic Gardens MRT (DT9) continues to be a popular station for all passengers.

Newton MRT Station (DT10) is located just a short distance away from Anglo-Chinese School (Barker Road). This makes it convenient for those studying, living or visiting the area. With easy access to the MRT, students and visitors can quickly travel to and from the school as well as nearby places of interest. Furthermore, the area is served by several bus services, providing alternative means of commuting. This makes it convenient for those who don’t drive or don’t want to use the MRT, to get around easily.
, Bukit Panjang MRT Station and Cashew MRT Station. All these shopping centres provide a wide variety of products and services to the residents of The Myst Condo.

The Myst Condo is situated in close proximity to several shopping centres, such as Bukit Panjang Plaza, Fajar Shopping Centre, Hillion Mall, Junction 10, Bukit Panjang Hawker Centre, Cashew Village, Senja Cashew Community Centre, Cashew Heights Shopping Centre, Bukit Panjang MRT Station and Cashew MRT Station. Residents of The Myst Condo have the advantage of accessing a broad array of amenities, food selection and products all within a convenient distance of their home. Instead of travelling to multiple stores to find the products they need, they can easily access a wide choice of products and items in the nearby shopping centres.

This convenience is priceless and makes life much simpler. Plus, they can take advantage of the discounts, better prices and other benefits that the larger shopping centres can provide. Shopping centres are also great for leisure activities. With a wide selection of products, residents are able to quickly find what they need, leaving more time for other activities like movies or snacks with friends and family. The benefit of having a shopping centre conveniently near The Myst Condo is clear, providing an easy and enjoyable experience for all its residents.

The Myst Condo by CDL is a renowned luxurious development nestled in the heart of Bukit Timah. Boasting an unbeatable location surrounded by lush greenery and nature reserves, the development is the perfect getaway from the hustle and bustle of the city. With its close proximity to the city centre, The Myst Condo by CDL is conveniently located on Upper Bukit Timah Road.

The Myst Condo by CDL offers luxurious living for its residents, with modern facilities and amenities that facilitate convenience and relaxation. A range of shopping, dining, and entertainment options are all accessible nearby. To ensure optimum relaxation and physical well-being, the residence is fitted with a fully-equipped gym, swimming pool, Jacuzzi, and a yoga pavilion. Plus, a kids play area, BBQ pits, and a landscaped garden are available to provide further recreational possibilities.

The Myst Condo by CDL presents a fantastic opportunity to be immersed in nature at its finest. Situated in close proximity to a selection of nature reserves, such as Singapore Botanic Gardens and Bukit Timah Nature Reserve, the condo allows for easy access for activities like hiking, biking and bird watching. What’s more, it’s just a short stroll away, making it ideal for those who want to enjoy the wonders of the outdoors. With its proximity to a range of nature reserves, The Myst Condo by CDL truly brings you closer to nature.

The Myst Condo by CDL is the perfect setting for those seeking a luxurious lifestyle combined with a calm and peaceful environment. Located close to a number of natural parks and reserves, this accommodation is the ideal balance between city life and outdoor activities. Some of the parks in the neighbourhood 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.…

vulcanismo 30 March 2023

City Developments Limited (CDL) is a leading real estate developer based in Singapore. The company has been in the business for over 50 years and has established itself as a prominent player in the industry. CDL is involved in various aspects of real estate development, including property development, investment, and management. The company has a global presence, with projects in Asia, Europe, and North America.

History

CDL was founded in 1963 by Kwek Hong Png, who remains the company’s executive chairman. The company’s first project was a small apartment complex in Singapore’s Upper Serangoon area. In the early years, CDL focused on residential and commercial property development in Singapore. In the 1970s, the company expanded into the hospitality industry, with the acquisition of the Orchard Hotel in Singapore.

Over the years, CDL has grown to become one of Singapore’s largest and most successful real estate developers. The company’s portfolio includes residential, commercial, and hospitality properties, as well as integrated developments and shopping malls. CDL has received numerous awards for its projects, including the Building and Construction Authority (BCA) Green Mark Award, which recognizes environmentally sustainable buildings.

Projects

CDL has been involved in some of Singapore’s most significant real estate projects. One of the company’s most notable developments is the Marina Bay Sands Integrated Resort, which it developed in partnership with Las Vegas Sands. The complex includes a casino, hotel, convention center, and shopping mall, and is one of Singapore’s most popular tourist attractions.

CDL has also developed several other integrated developments in Singapore, including the South Beach development and the City Square Mall. The South Beach development includes a luxury hotel, offices, and residential units, while City Square Mall is a popular shopping destination in the city.

In addition to its Singapore projects, CDL has also developed properties in other parts of Asia, Europe, and North America. The company has developed residential and commercial properties in China, Vietnam, and Japan, as well as hospitality properties in the Maldives and the United Kingdom.

Sustainability

CDL is committed to sustainability and has received numerous awards for its efforts in this area. The company’s sustainability strategy is based on four pillars: environmental sustainability, social sustainability, economic sustainability, and governance and ethics.

CDL has implemented various initiatives to reduce its environmental impact, including the use of renewable energy, water conservation measures, and the adoption of green building practices. The company has also introduced sustainability measures in its hospitality properties, including the use of energy-efficient lighting and the installation of water-saving devices.

In addition to its environmental initiatives, CDL is also committed to social sustainability. The company has established a corporate social responsibility program, which focuses on education, community development, and the arts. CDL also supports various charitable organizations, including the Singapore Red Cross and the Children’s Cancer Foundation.

Economic sustainability is also a key focus for CDL. The company aims to create value for its stakeholders by delivering quality developments that meet market demand. CDL has a strong track record of financial performance, and the company’s shares are listed on the Singapore Exchange.

Finally, CDL is committed to governance and ethics. The company has a robust corporate governance framework, which includes a code of conduct for employees and a whistleblower policy. CDL also supports transparency and accountability, and regularly discloses its financial and non-financial performance to stakeholders.

Conclusion

City Developments Limited is a leading real estate developer that has established a strong presence in Singapore and beyond. The company has a diverse portfolio of properties, including residential, commercial, and hospitality developments, as well as integrated developments and shopping malls. CDL is committed to sustainability and has implemented various initiatives to reduce its environmental impact and support social and economic sustainability. With a strong focus on governance and ethics, CDL has established itself as a trustworthy and responsible corporate citizen.

Looking ahead, CDL is poised for continued growth and success. The company has several ongoing projects in Singapore, including the development of the Canninghill Square integrated development and the Amber Park residential development. CDL is also expanding its presence in other parts of Asia, with projects in China, Japan, and Vietnam. The company’s commitment to sustainability and its focus on creating value for stakeholders should serve it well in the years to come.

In conclusion, City Developments Limited is a highly respected real estate developer that has made significant contributions to Singapore’s built environment. The company’s commitment to sustainability and its focus on delivering quality developments that meet market demand have helped it to establish a strong reputation in the industry. With a diverse portfolio of properties and a strong track record of financial performance, CDL is well-positioned to continue its growth and success in the years ahead.…

vulcanismo 30 March 2023

Bukit Timah is a serene and affluent residential area located in the central region of Singapore. It is one of the most sought-after locations for both locals and expats due to its quiet and peaceful atmosphere, numerous amenities, and great accessibility. In this article, we will explore why Bukit Timah could be the best place to stay in Singapore.

Serene and Peaceful Environment

Bukit Timah is known for its lush greenery, nature reserves, and parks, making it a haven for nature lovers. The area boasts of several nature reserves such as Bukit Timah Nature Reserve and Dairy Farm Nature Park, which provide residents with the opportunity to explore and enjoy nature. Additionally, the quiet and peaceful atmosphere in Bukit Timah is perfect for families and individuals looking for a tranquil environment to call home.

Accessibility

Bukit Timah is conveniently located, making it easy for residents to travel to different parts of Singapore. The area is served by several major roads, including Bukit Timah Road, Pan Island Expressway (PIE), and the Ayer Rajah Expressway (AYE), making it easy for residents to access different parts of the island. Additionally, Bukit Timah is well-connected by public transport, with several bus routes and MRT stations, including the Downtown Line 2 and Circle Line, making it easy to travel to other parts of Singapore.

Education

Bukit Timah is home to some of the best schools in Singapore, making it an ideal location for families with school-going children. The area is home to several international schools, including the German European School Singapore, Singapore Korean International School, and Dulwich College Singapore. Additionally, Bukit Timah is home to some of the most prestigious schools in Singapore, including Nanyang Primary School, Hwa Chong Institution, and National Junior College.

Amenities

Bukit Timah has an array of amenities, ranging from shopping centers, dining options, and recreational facilities. Bukit Timah Plaza, Bukit Timah Shopping Center, and Beauty World Center are some of the popular shopping destinations in the area. Additionally, there are numerous dining options, ranging from hawker centers to high-end restaurants. Residents can also enjoy recreational facilities such as Bukit Timah Saddle Club, which offers horse riding lessons and pony rides for children.

Health and Wellness

Bukit Timah is a popular destination for health and wellness enthusiasts. The area is home to several fitness centers, including Fitness First and Anytime Fitness, which offer a wide range of fitness classes and equipment. Additionally, Bukit Timah is home to several yoga and Pilates studios, such as Pure Yoga and Pilates Plus, which provide residents with the opportunity to improve their physical and mental well-being.

Real Estate

Bukit Timah is one of the most affluent residential areas in Singapore, with a mix of landed properties and condominiums. The area boasts of some of the most luxurious and high-end residential developments in Singapore, including Fourth Avenue Residences, Mayfair Modern, and Royalgreen. Additionally, the area is home to some of the most expensive landed properties in Singapore, making it an ideal location for those looking for upscale and luxurious living.

Community

Bukit Timah has a close-knit community, with several community groups and activities organized throughout the year. The Bukit Timah Community Club, for example, hosts several events and activities, including fitness classes, cooking classes, and cultural events. Additionally, there are several volunteer groups and charities in the area, providing residents with the opportunity to give back to the community.

In conclusion, Bukit Timah is a great place to stay in Singapore due to its serene and peaceful environment, accessibility, education, amenities, health and wellness facilities, real estate, and community. The area provides a perfect balance between modern living and a tranquil environment, making it an ideal location for families, professionals, and expats. The numerous amenities in the area, such as shopping centers, restaurants, and recreational facilities, provide residents with a comfortable lifestyle. Additionally, Bukit Timah is home to some of the best schools in Singapore, making it an ideal location for families with school-going children.

The real estate in Bukit Timah is also diverse, with a mix of landed properties and condominiums. The area boasts of some of the most luxurious and high-end residential developments in Singapore, providing residents with upscale and luxurious living. The close-knit community in Bukit Timah also makes it an ideal location for those who value community and social connections.

Lastly, Bukit Timah is well-connected by public transport, making it easy for residents to travel to different parts of Singapore. The area is served by several major roads, including Bukit Timah Road, Pan Island Expressway (PIE), and the Ayer Rajah Expressway (AYE), and several MRT stations. This makes it easy for residents to access different parts of the island, whether it’s for work or leisure.

In conclusion, Bukit Timah is a great place to stay in Singapore due to its serene and peaceful environment, accessibility, education, amenities, health and wellness facilities, real estate, and community. The area provides a perfect balance between modern living and a tranquil environment, making it an ideal location for families, professionals, and expats. Whether you’re looking for upscale living, great schools, or a tight-knit community, Bukit Timah has it all.…

vulcanismo 30 March 2023

Bukit Panjang is a mature town located in the north-western region of Singapore. Over the years, it has seen a significant transformation and has become a highly sought-after location for property buyers. In this essay, I will explain why buyers are now keeping a close lookout for Bukit Panjang properties.

Excellent connectivity Bukit Panjang boasts of excellent connectivity to other parts of Singapore. The Downtown Line (DTL) and the Bukit Panjang LRT provide easy access to the city and other parts of the island. The upcoming Jurong Region Line (JRL) will also connect Bukit Panjang to Jurong East, making it even more accessible. Additionally, Bukit Panjang is situated near major expressways, making it easy for residents to travel by car.
Beautiful natural surroundings Bukit Panjang is surrounded by lush greenery and nature parks. The Bukit Timah Nature Reserve, Dairy Farm Nature Park, and Bukit Batok Nature Park are all within a short distance. Residents can enjoy a tranquil environment with plenty of opportunities for outdoor activities such as hiking, jogging, and cycling.
Proximity to amenities Bukit Panjang has a range of amenities, making it a convenient location for residents. There are several shopping malls, including Hillion Mall, Junction 10, and Bukit Panjang Plaza, where residents can shop for daily necessities and enjoy a variety of dining options. The area is also well-served by supermarkets and wet markets.
Established schools Bukit Panjang is home to several established schools, including Zhenghua Primary School, Beacon Primary School, and Greenridge Primary School. There are also several secondary schools, including Bukit Panjang Government High School and Fajar Secondary School. The proximity to quality schools is a major draw for families with school-going children.
Affordable prices Compared to other regions in Singapore, property prices in Bukit Panjang are relatively affordable. The area offers a range of housing options, including HDB flats, condominiums, and landed properties, making it accessible to a wide range of buyers.
Development potential Bukit Panjang has significant development potential, with several upcoming projects in the pipeline. These include the redevelopment of the Hillview Rise site and the expansion of the Bukit Panjang Integrated Transport Hub. These developments are expected to enhance the connectivity and amenities in the area, making it an even more attractive location for buyers.
Strong rental potential Bukit Panjang has strong rental potential due to its proximity to the Jurong Innovation District and the upcoming Tengah New Town. The area is also home to several business parks, such as Bukit Batok Connection and The Woodlands Industrial Park, providing job opportunities for residents. The high demand for rental properties in the area makes it an attractive investment opportunity for buyers.

In conclusion, Bukit Panjang has become a highly sought-after location for property buyers due to its excellent connectivity, beautiful natural surroundings, proximity to amenities, established schools, affordable prices, development potential, and strong rental potential. As such, it is no surprise that buyers are keeping a close lookout for Bukit Panjang properties.