Condo Belle

A rare opportunity to own a 999-year leasehold conservation shophouse at the bustling Liang Seah Street has emerged, as SRI Capital Market, the exclusive marketing agent, has put the property on the market for $15 million through an expression of interest (EOI) exercise.

Nestled on a 1,129 sq ft plot, the three-storey intermediate shophouse has a built-up area of 2,635 sq ft and is zoned “residential and commercial” with a gross plot ratio of 4.2 under the latest Master Plan. With a guide price that translates to $2,635 psf, this property presents an attractive investment opportunity.

Investing in real estate …

After a long and tumultuous boardroom-family saga, the situation at City Developments appears to have finally reached a resolution. In a statement released by executive chairman Kwek Leng Beng, it was announced that legal actions initiated by him against a faction of board directors, led by his son and group CEO Sherman Kwek, will be discontinued. The company’s newly appointed independent directors, Jennifer Duong Young and Su Yen Wong, will also remain on the board. This move signifies a united front and a commitment to working together for the benefit of CDL and its stakeholders.

According to Kwek, all board …

Steve Leung, the renowned architect and designer, has recently announced the expansion of his interior design practice, Steve Leung Design Group (SLD), into the European market. This move comes in the form of a collaboration with Italian designer Andrea Bonini and marks the company’s first branch in Europe, operating under the brand SLD . Andrea Bonini.

SLD, a Hong Kong stock exchange-listed company, plans to offer its interior design services and products to clients across Asia and Europe. The services will range from high-end residences to luxury hospitality, showcasing the studio’s diverse capabilities.

The new venture will make its debut …

Nearby the AI, CapitaLand is introducing robots into its malls to help with customer service and navigation. Two robots will be deployed at Plaza and Tampines Mall to assist shoppers with directions and product recommendations, while another will be placed at Westgate to manage a mobile queue system for shoppers. The company also plans to launch an AI-powered e-waste recycling bin, which will help to identify and sort recyclable waste items.Read also: CapitaLand to sell two malls in China for S$21 millionCapitaLand, which also operates in China, has also announced that it is divesting its stakes in two shopping malls: …

rate13 Jul 2020 | 2:54pmStocks to watch: UOB, OUE, Capitaland Group and MicrosoftCapitaland Group and Microsoft partner to incorporate AI and advanced technologies into businessesAdvertisement

CapitaLand Signs MoU with Microsoft to Integrate AI and Advanced Technologies.

Investing in a Singapore condo has emerged as a top preference for both local and international investors, given the country’s strong economy, stable political climate, and excellent quality of life. The real estate market in Singapore boasts a plethora of opportunities, with condos being a standout choice due to their convenience, amenities, and potential for favorable returns. In this article, we will delve into …

A group of 14 retail shops situated in Peninsula Plaza, Sim Lim Square, and Far East Plaza are being offered for sale through an expression of interest (EOI) exercise. ERA Realty Network is the marketing agent for the properties, which have a combined price of $26.46 million.

Two of the shops are located in Peninsula Plaza, a 999-year leasehold mixed-use development on North Bridge Road. These ground-floor units have a combined strata area of about 990 sq ft and are being offered for $8 million, or $8,081 psf.

Peninsula Plaza is a 30-storey commercial development constructed in 1980. It includes …

GuocoLand has successfully secured a $367.1 million green club facility from DBS Bank for its Faber Walk site. The residential land parcel was procured through a Government Land Sale tender in November 2020 by GuocoLand and its joint venture partners, TID and Hong Leong Holdings. The partners submitted the winning bid of $349.86 million, equivalent to $900 per square foot per plot ratio, for the 277,659 square foot site.

The future development will consist of nine low-rise blocks, comprising a total of 399 residential units. It will be nestled in the exclusive landed private residential enclave of Faber Walk, adjacent …

News

On Mar 8, Sim Lian Group announced that 682 units (90%) of its 760-unit executive condominium (EC), Aurelle of Tampines, located at Tampines Street 62, has been sold. These units were sold at an average price of $1,766 psf.

According to Sim Lian Group, all the four- and five-bedroom units have been taken up. Additionally, 84% of the three-bedroom units have also been sold. Executive Director of Sim Lian Group Limited, Kuik Sing Beng, commented, “This remarkable response underscores the strong demand for thoughtfully designed and well-connected modern homes like Aurelle of Tampines, in the most well-connected regional centre …

Educational institutions, commercial hubs, and recreational facilities are also in close proximity, including the upcoming Greater Marina Bay Sports Hub and MRT stations such as City Hall and Bugis, adds Yip. With its prime location and unique heritage-meets-modern design, Aurea is setting a new benchmark for luxury living in Singapore’s Downtown Core precinct. The project’s joint developers, Far East Organization and Perennial Holdings, have launched Aurea for sale on Mar 8, making it one of the first luxury residential developments to be introduced in the Core Central Region (CCR) in the first quarter of 2025. The project, which consists of …

A unit at One Holland Village Residences has set a new psf-price high, achieving a peak of $3,781 psf from the sub-sale of a 1,238 sq ft three-bedroom unit for $4.68 million on Feb 17. This marks the first sale at the 99-year leasehold development this year.The 25th-floor unit was originally purchased from the developer in November 2023 for $4.19 million, earning the sellers a profit of around $490,000. This beats the previous record price of $3,426 psf, which was achieved in August 2022 for the sale of a four-bedroom unit at $7.15 million. The development, located along Holland Village …