Condo Belle

estimates

HDB to Launch Over 25,000 New Flats in 2025

Minister for National Development Desmond Lee has announced that the Housing and Development Board (HDB) will be launching over 25,000 new flats in 2025. This announcement was made in a joint press release by HDB and the Ministry of National Development (MND) on January 16.

The launch will include about 19,600 Build-to-Order (BTO) flats across three sales exercises and more than 5,500 Sale of Balance Flats (SBF) in one SBF sale exercise. The units will be a mix of Standard, Plus, and Prime BTO flats under the new classification framework.…

On the last day of December 2024, a three-bedroom penthouse at Orchid Mansion, a freehold development located on Amber Road in District 15, was sold for $4.88 million, resulting in a profit of $2.58 million (112%). This transaction marked the most profitable resale deal from Dec 31, 2024, to Jan 7, 2025.

The 2,842 square feet unit situated on the 21st floor was purchased at the rate of $1,717 per square foot. It had been previously bought at the price of $809 per square foot in March 2009. This successful transaction translates to an annualized profit of 4.9% over a …

Singapore is a city defined by its towering skyscrapers and impressive urban infrastructure. In particular, the renowned condos situated in highly sought-after locations are renowned for their combination of opulence and practicality, appealing to both locals and foreigners alike. These residences boast an array of desirable facilities such as pools, fitness centers, and top-notch security services, elevating the standard of living for their residents and making them an attractive option for potential tenants and buyers. From an investment perspective, these features equate to promising rental returns and a steady increase in property values over time. To experience the epitome of …

A two-storey bungalow located at 11 Whitley Road has been put on the market for sale through a tender process, with a guide price of $31.88 million. The property, situated on an elevated freehold site measuring 15,276.27 square feet, translates to a price of $2,087 per square foot on the land area.

Originally built in 2016, the bungalow has undergone a recent renovation which included a rear extension. It features five bedrooms, with three of them being en suite, as well as two living rooms, two dining rooms, a spacious and well-equipped kitchen, and a helper’s room.

According to Aric …

Investing in a condo has numerous advantages, one of which is the potential to leverage the property’s value for future investments. Countless investors utilize their condos as collateral to secure funding for new investments, which allows them to increase their real estate portfolio. This approach can greatly amplify returns, but it is important to note that it also comes with risks. It is imperative to have a solid financial plan in place and carefully consider the potential impact of market fluctuations. One option for condo investment is the Singapore Condo, which offers a variety of opportunities for investors to …

Roxy Square, a freehold mixed-use development located in Katong, is set to be relaunched for collective sale. This news was announced by the marketing agent JLL through a press release.

In Singapore, investing in real estate is a decision that should not be taken lightly. Location plays a crucial role, particularly when it comes to condos. In fact, the location of a condo can greatly impact its value. Singapore, in particular, places a high importance on properties that are centrally located or within close proximity to essential amenities such as quality schools, shopping centers, and public transportation hubs. This is …

The Arcady at Boon Keng is a highly anticipated freehold condominium that is set to be completed in 2027. Located in the heart of the Boon Keng area, this exclusive 172-unit development is poised to become a landmark private residence. Boasting of modern architecture, the project will feature a dense green space, which will set it apart as a standout condominium in the neighborhood. The trusted local developers, KSH Holdings, SLB Development, and H10 Holdings, are working on this project in collaboration with the award-winning architectural firm, Park + Associates, to create a distinguished residence.

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The purchase of a …

Mar 6, 2018 6:00 AMPortfolio of freehold strata retail units in Lucky Plaza up for sale

A collection of freehold strata retail units located in Lucky Plaza has recently hit the market with a total asking price of $52.6 million. Savills Singapore has been appointed as the marketing agent for the portfolio sale. Situated in the prime location of Orchard Road, Lucky Plaza is a mixed-use development comprising a six-storey mall with a basement and a residential tower.

The portfolio consists of 14 retail units spread across the basement and first two levels of the mall, varying in size from …

The bidding for the Government Land Sale (GLS) site at Tengah Gardens Avenue has concluded on January 14th with three bids submitted. A consortium led by Hong Leong, which includes GuocoLand Singapore and CSC Land Group, has submitted the top bid of $675 million, equivalent to $821 psf per plot ratio (ppr).

The 99-year leasehold site, which is zoned for both residential and commercial use, spans approximately 273,906 sq ft and has a maximum gross floor area (GFA) of 821,720 sq ft. According to the Urban Redevelopment Authority (URA), the site has the potential to yield up to 860 residential …

Investing in a Singapore Condo offers numerous advantages, one of the most prominent being the potential for capital appreciation. As a global business hub, Singapore boasts strong economic fundamentals, resulting in a consistent demand for real estate. This has led to a steady increase in property prices over the years, particularly for condos located in prime areas. Those who wisely enter the market at an opportune time and hold onto their properties for the long term can reap significant capital gains.

A freehold 15-room loft hotel at 739-1 Geylang Road in District 14 is now available for sale at $14 …