Month: February 2025

Chiu Teng Group has recently launched a new B1 industrial factory development, CT Pemimpin, which is situated at 43 Jalan Pemimpin in the Central Region. As a reputable developer known for its quality commercial and industrial spaces in Singapore, Chiu Teng Group’s latest project is expected to attract both businesses and property investors.

The location of CT Pemimpin, right in the heart of Singapore’s District 20, makes it a highly desirable site. It offers easy accessibility for companies looking for a convenient location, while also being a rare investment opportunity for property investors.

CT Pemimpin boasts of sustainable features and communal facilities, including two rooftop pavilions perfect for outdoor gatherings, rooftop solar panels, passenger lifts, and a service lift. It comprises of 56 strata-titled units and three canteen units, with selected units featuring mezzanine floors. Each unit is equipped with its own toilet for convenience and privacy.

The development also …

Lentor Central Residences, a 477-unit development located in Lentor Hills, will be opening its doors for exhibition on February 21. The highly anticipated project is expected to officially go on sale on March 8. Developed jointly by Hong Leong Holdings, GuocoLand and CSC Land, this will be the sixth new launch project in the up-and-coming Lentor Hills area.

The development, comprising of two high-rise residential blocks, a 27-storey and a 28-storey block, will offer a range of units from one- to four-bedrooms, with sizes ranging from 463 sq ft to 1,399 sq ft. Interested buyers can find the latest information on available units and prices for Lentor Central Residences.

According to the developers, the starting price for one-bedroom units will be at $975,000 ($2,110 psf), while two-bedroom units will be priced from $1.38 million ($2,050 psf). Meanwhile, three-bedders will start from $1.81 million ($1,984 psf) and four-bedroom units from $2.37 …

Understanding the rules and limitations surrounding property ownership in Singapore is essential for international investors. Unlike landed properties with stricter ownership regulations, foreigners can generally acquire condos with minimal restrictions. However, foreign purchasers are required to pay the Additional Buyer’s Stamp Duty (ABSD), currently set at 20%, for their initial property purchase. Despite this added expense, the dependable stability and potential for growth in Singapore’s real estate market remains a strong draw for foreign investment. Thus, many continue to invest in condos in Singapore.

SINGAPORE – Singapore Realtors Inc (SRI) has recently announced that it has signed a memorandum of understanding (MOU) with Redbrick Mortgage Advisory, with the aim of enhancing the capabilities of its salespersons. This collaboration will see Redbrick providing SRI agents with specialized training in advanced mortgage strategies, to equip them with the knowledge and skills to guide homebuyers in making informed financing decisions. Redbrick CEO Eugene …

Avra, One Bernam top weekend project launches, while three OCR projects notch high sales

The retail podium of Sky Eden@Bedok, a mixed-use development in Bedok by Frasers Property Singapore, is currently up for sale through an expression of interest (EOI) exercise. With a guide price of $45.2 million, the podium consists of 12 strata retail units on the ground floor, spanning a total strata area of approximately 11,193 sq ft. This translates to a guide price of $4,038 psf.

According to CBRE, the marketing agent for the sale, the retail units can be purchased as a portfolio, individually or in clusters. The units range in size from 398 sq ft to 1,313 sq ft and are priced from $1.91 million to $5.55 million. All the units have been approved for F&B use.

Sky Eden@Bedok, located in Bedok Central, is currently under construction and has a 99-year leasehold. The development consists …

By: RENESISFEBRUARY 16, 2019SINGAPORE: Over 29,000 Housing Board flats in 13 towns have been selected for the latest round of the Home Improvement Programme (HIP), which was announced by the Housing and Development Board (HDB) in a press release on February 16. The HIP is intended to help flat owners address common maintenance issues that arise due to wear and tear in older flats. The government has allocated a budget of $407 million for the upgrading works, which is expected to benefit close to 30,000 residents.The selected flats are located in Bedok, Bukit Batok, Bukit Merah, Bukit Panjang, Chua Chu Kang, Hougang, Jurong West, Pasir Ris, Queenstown, Sengkang, Tampines, Toa Payoh and Woodlands. These 13 towns were chosen based on factors such as the age of the flats, the number of eligible flats, and the condition of the blocks and common areas in the estates, according to HDB.Read also: HDB …

.The retail landscape at Bukit Timah Plaza is about to change with a 3,391 sq ft strata-titled unit, zoned for restaurant use, up for grabs. The unit, located in the basement two of the popular shopping mall, is now on the market for $9.8 million ($2,890 psf). This is a significant discount from its previous listing price of $11 million in the third quarter of 2022, according to Clemence Lee, CBRE’s executive director of capital markets who is handling the sale.

Obtaining financing is a crucial element of investing in a Singapore Condo. In this country, there are various mortgage choices available to investors. However, it is vital to be familiar with the Total Debt Servicing Ratio (TDSR) framework as it puts a cap on the amount of loan a borrower can acquire, taking into account their income and current debt commitments. Being well-informed about the TDSR and seeking guidance …

A pair of retail units at Peninsula Plaza, located along North Bridge Road, is currently up for sale at a guide price of $10.9 million. The two units, which have a combined strata area of 1,119 sq ft, are located on the ground floor of the 999-year leasehold mixed-use commercial building.The guide price for the units translates to a rate of $9,741 psf based on the strata area. The ground floor units have prominent frontage along North Bridge Road, making them an ideal location for businesses looking to attract a constant stream of footfall.Savills Singapore associate director of investment sales and capital markets, Nick Chan, who is handling the sale of the units on a private treaty basis, describes them as “arguably the best” within the development due to their strategic location.AdvertisementAdvertisementPeninsula Plaza was built in 1980 and comprises a 30-storey mixed-use commercial building with a six-storey retail podium and …

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Brand New Land had a clear vision to bring elements of Good Class Bungalows (GCB) into the accessible luxury market. This is where Pau Loh, managing director of Tellus Design, comes into play. With a strong reputation in GCB design, the partnership between Brand New Land and Tellus Design goes back 30 years.

Together, they have created a collection of four semi-detached homes in Bukit Timah and Upper Bukit Timah. Each home incorporates elements of GCBs, making it a unique and sought-after offering. The homes at 23 and 23A Maple Avenue boast a generous frontage of over 24m. Inspired by nature, the homes at 25 and 25A Jalan Selanting and 23 and 23A Maple Avenue are affectionately known as “The Great Trees Collection”. Ranging in size from 2,790 to 3,130 sq ft, each home includes a lift, swimming pool, and gourmet kitchen provisions.

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Obtaining financing is a crucial …

A 99-year leasehold HDB shophouse at 214 Serangoon Avenue 4 will be offered at SRI’s upcoming auction on Feb 26. This two-storey property has a total floor area of about 1,668 sq ft, including living quarters on the second floor. With a guide price of $1.98 million, this translates to $1,187 psf on the floor area.

This shophouse is being sold as a mortgagee sale, and it is the second time it is being auctioned by SRI. Last month, it was put up for auction with a higher guide price of $2.08 million but did not find a buyer.

According to Jansen Kee, assistant manager of auctions at SRI, the shophouse is situated at a prime location in front of a bus stop, giving it high visibility from the road. It is currently tenanted and is generating a gross rental yield of approximately 6.2% based on the guide price.

Kee …

A highly sought-after four-bedroom duplex apartment is now available for sale at the prestigious 3 Orchard By-The-Park luxury condo. According to exclusive marketing agent Huttons Asia, the unit offers over 3,800 sq ft of luxurious living space and is priced at $15.8 million through an expression of interest exercise (EOI). This equates to approximately $4,158 per square foot.

Boasting a ceiling height of 4m and a private lift, the unit also features three ensuite bedrooms. The property was recently renovated at a cost of over $700,000, according to Huttons.

Designed by renowned Italian architect Antonia Citterio, 3 Orchard By-The-Park is a freehold development located on Orchard Boulevard. Completed in 2017, it comprises three 25-storey towers with a total of 77 units. Ranging from two- to four-bedroom units of 1,066 sq ft to 3,800 sq ft, the development also offers impressive penthouses measuring between 6,555 sq ft and 6,900 sq ft.…