Condo Belle

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 …

International real estate consulting firm JLL has recently announced the appointment of James Cameron as the new head of energy and infrastructure for Asia Pacific in their capital markets division. The role, based in Singapore, was created to meet the growing demand for sustainable investments in the region, as stated in the press release on Jan 14.

Cameron’s main responsibility will be to establish a team in Asia Pacific, which will complement JLL’s EMEA Energy & Infrastructure business to provide a global capital advisory service for both local and international developers and investors. With this appointment, JLL aims to meet …

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Singapore condos offer a multitude of advantages for investors, and one of the most significant is the potential for capital appreciation. As a leading global business hub with a robust economy, Singapore maintains a continuous demand for real estate. This has resulted in a consistent increase in property prices over the years, particularly for condos in prime locations. By investing in the right Singapore projects and holding onto properties for extended periods, investors can enjoy significant gains in their capital. The strategic location and strong economic fundamentals of Singapore make it a favorable market for long-term investments in condos. …

JLL, a leading real estate consulting firm, has announced the appointment of James Cameron as the head of energy and infrastructure for Asia Pacific in its capital markets business line. This newly created role will be based in Singapore, and according to a press release issued on Jan 14, Cameron will be responsible for building a team in the region. This appointment is in line with JLL’s long-term capital requirements and will enable them to better serve both local and international developers and investors.

Cameron’s role will complement JLL’s existing EMEA Energy & Infrastructure business and together they will create …

The scarcity of land in Singapore has made condos a highly sought-after property investment. Being a small island nation with a rapidly expanding population, Singapore faces a shortage of land for development. As a result, there are strict regulations on land use and a fiercely competitive real estate market with continually rising property prices. This has made purchasing real estate, specifically condos, a profitable venture, with the potential for significant capital appreciation. Stay updated with the latest New Condo Launches to make informed investment decisions.

One Bernam, the 99-year leasehold mixed-use development in Tanjong Pagar, offered 87 units for sale …

Investing in real estate is a strategic move, and one of the key factors to consider is the location. This is particularly crucial when it comes to the real estate market in Singapore. Condominiums situated in central locations or those in close proximity to essential amenities like schools, shopping malls, and public transportation hubs are more likely to see a rise in their value over time. The prime areas of Orchard Road, Marina Bay, and the Central Business District (CBD) are prime examples of locations that have consistently shown growth in property values. In addition, being near reputable schools and …

Rewritten:

The Arcadia recently saw the most successful resale transaction between December 10 to 31, with a four-bedroom unit on the seventh floor being sold for a record-breaking profit of $3.25 million (217%). The unit, measuring 3,767 sq ft, was purchased in 1998 for $1.5 million ($398 psf) and was sold on December 10 for $4.75 million ($1,261 psf). This translates to an annualized profit of 4.5% over a span of 26 years.

In the past year, five units at The Arcadia, ranging from 3,714 sq ft to 3,821 sq ft, were sold for profits ranging from $60,000 to $3.25 …

A luxurious and recently completed Good Class Bungalow (GCB) situated in the prestigious Victoria Park area has been put on the market for a staggering $61 million. This seven-bedroom masterpiece, which was constructed just three years ago, is located at the end of Victoria Close – a tranquil cul-de-sac lined with only ten exclusive houses.

According to Jervis Ng, an associate group district director at PropNex Realty and the agent responsible for the sale, the number of residences in this sought-after GCB enclave can only be increased by dividing larger plots of over 30,000 sq ft, in accordance with planning …

“,Local real estate advisory firm, Edmund Tie & Company, has announced that it will now be known as ETC. This rebranding effort, which includes a revamped logo, will take immediate effect.

According to ETC’s CEO, Desmond Sim, the decision to adopt ETC as the company’s official name was motivated by its employees and their valuable insights, voices, and ideas. “ETC has long been a recognizable abbreviation among our clients and staff,” Sim says. He adds that the company’s refreshed identity is a reflection of their united efforts and their commitment to shaping the future of real estate in both the …