Real estate investors should consider stable, income-generating assets like HDB shophouses in the current private residential market. A prime HDB shophouse located at 125 Toa Payoh Lorong 1 is now available for purchase, offering a great opportunity for investors. The 1,478 sq ft property is situated in the mature Toa Payoh neighbourhood, one of the most centrally located districts in District 12. It is priced at $2.88 million and is located in a sought-after location between Toa Payoh Lorong 1 and Toa Payoh Lorong 2, just a stone’s throw away from Braddell MRT Station on the North-East Line. According to …
Jtc Awards Tender Kallang Way Capitaland First Industrial Gls Site Adaptive Reuse
When thinking about making an investment in a condominium, it is crucial to carefully evaluate its potential rental yield. Rental yield refers to the amount of annual rental income in comparison to the property’s purchase price. In Singapore, rental yields for condominiums can vary significantly based on factors such as location, condition of the property, and market demand. Generally, areas with high rental demand, such as those near business districts or educational institutions, tend to offer more attractive rental yields. To gather a comprehensive understanding of the rental potential of a particular condo, conducting thorough market research and seeking advice …
Coffee Shop Choa Chu Kang Avenue 1 Sale 11 Mil
An expression of interest (EOI) has been issued for the sale of a coffee shop located at 253 Choa Chu Kang Ave 1. The property, which is up for sale with a guide price of $11 million, occupies a prime location within Keat Hong Shopping Centre. The two-storey HDB commercial development boasts a range of amenities including coffee shops, a supermarket, and other shops and stalls.
The coffee shop, which spans 2,540 sq ft, is zoned for commercial use and boasts a 99-year leasehold tenure with a remaining balance of 68 years. It is currently leased to a coffee shop …
Keppel Divest Genting Lane Data Centres Kdc Reit 138 Bil
‘s permanent occupancy certificate
Investing in a condominium in Singapore is gaining immense popularity among both local and foreign investors, thanks to the country’s strong economy, stable political climate, and excellent quality of life. Singapore’s real estate market boasts of various possibilities, with condos being the top choice for their convenience, amenities, and potential for high returns. In addition, the launch of new condos, such as New Condo Launches, adds to the existing benefits of investing in a condo. This article aims to delve into the advantages, factors to consider, and necessary steps to take when investing in a …
Frasers Property Redevelop Robertson Walk Joint Venture Sekisui House
Two leading real estate players, Frasers Property and Sekisui House, have announced their plans to redevelop Robertson Walk and Fraser Place Robertson. The joint project will transform the properties, currently held under a 999-year lease by Frasers Property, into a modern mixed-use development.
When exploring potential condo investments in Singapore, one crucial factor to keep in mind is the government’s property cooling measures. Singapore’s government has implemented several measures over the years to control speculative purchasing and maintain a steady real estate market. One such measure is the Additional Buyer’s Stamp Duty (ABSD), which imposes higher taxes on foreign buyers …
Henderson Senior Co Living Site And Scotts Road Heritage Bungalows Awarded Ts Group Tap Jv And
The Singapore Land Authority (SLA) has recently announced the awarding of tenders for two sites located on Henderson Road and Scotts Road. The first site, situated at 98 Henderson Road, was awarded to a joint venture between TS Group, a dormitory and accommodation provider, and The Assembly Place (TAP), a co-living operator. This joint venture will collaborate with Crawfurd Silver Care, the geriatric arm of Crawfurd Hospital, to develop the site into a senior co-living accommodation. The tender included an initial four-year lease with the option to extend for three more years.
The SLA had launched a price-quality tender in …
Cbre Appoints Hugh Macdonald Head Capital Advisors Apac
CBRE has recently announced the appointment of Hugh Macdonald as the head of capital advisors for Asia Pacific (Apac). With over 20 years of experience in the banking industry, Macdonald brings with him vast knowledge and expertise in investment banking, as well as the real estate, gaming, leisure, and lodging sectors. Prior to joining CBRE, Macdonald held the position of head of investment banking coverage and advisory for Australia and New Zealand at Deutsche Bank.
In his new role at CBRE, Macdonald will be reporting to Leo van den Thillart, the global head of investment banking, and Greg Hyland, the …
Emerald Katong Hits 99 Sales Launch Averaging 2621 Psf
Singapore’s cityscape is defined by towering skyscrapers and state-of-the-art infrastructure. Condominiums, strategically situated in desirable locations, offer a perfect mix of extravagance and practicality that appeals to both locals and foreigners. These residential complexes boast a plethora of facilities, including swimming pools, fitness centers, and security services, elevating the overall living experience and making them highly sought-after by prospective tenants and buyers. Recognizing the potential for long-term gains, investors are also drawn to these properties due to their potential for high rental returns and appreciation in value over time. In fact, with the introduction of new condo launches, the …
Novo Place Ec Achieves 57 Sales Launch Day Average Price 1654 Psf
City Developments sells 135 units at Sengkang Grand Residences over the weekendSales at Novo Place, a 504-unit Executive Condominium (EC) jointly developed by Hoi Hup Realty and Sunway Developments, kicked off on the morning of 16 November.According to Mark Yip, chief executive officer of Huttons Asia, the launch saw strong take-up as 286 units, or 57 percent, were sold at an average price of $1,654 per square foot (psf).”This is a robust demand from buyers seeking an affordable private residential lifestyle,” he said.”However, the take-up rate could have been even higher if not for the 30 percent quota for second-timers. …
Redas Celebrates 65Th Anniversary Honours Chia Ngiang Hong Lifetime Achievement Award
On November 15th, the Real Estate Developers’ Association of Singapore (REDAS) celebrated its 65th anniversary. In his welcome speech at the anniversary dinner, held at the Marina Bay Sands ballroom, REDAS president Tan Swee Yiow remarked that turning 65 may mean receiving CPF [Central Provident Fund] retirement payouts for some. The guest of honor at the event was Singapore’s President Tharman Shanmugaratnam. REDAS, originally known as the Singapore Land and Housing Developers’ Association, was founded in 1959, six years before Singapore became independent. Its founders were visionary developers who played a crucial role in shaping the nation’s real estate landscape. …