Month: March 2025

Casa Fidelio, a landed development located on Fidelio Street in District 15, will soon be launched for collective sale through a tender process on March 20. According to PropNex Realty, the marketing agent for the site, the development has a reserve price of $24 million or a land rate of $1,388 psf. This will be the first attempt at an en bloc sale for the owners of Casa Fidelio.

Built in 1990, Casa Fidelio is a strata-titled development consisting of seven cluster terraces. It covers a land area of approximately 17,293 sq ft and is zoned for residential use. The land is designated for two-storey mixed-landed housing.

The development is situated in a landed housing enclave and is conveniently located near various amenities such as East Coast Park, dining options at Katong and Joo Chiat precincts, and shopping malls including Siglap Village, Siglap Centre, and Bedok Mall.

In addition, the …

Private home prices likely to see continued uptrend: OCBC

Rewritten:

The first private housing Government Land Sale (GLS) site in the upcoming Bayshore precinct closed on March 18, receiving eight bids. The 99-year leasehold site is situated on Bayshore Road, right next to the Bayshore MRT Station. With a land area of 112,992 square feet, the plot has the capacity to yield approximately 515 units.

The top bid of $658.89 million, translating to a land rate of $1,388 per square foot per plot ratio (psf ppr), was submitted by SingHaiyi-Garnet, a joint venture between SingHaiyi Group and Haiyi Holdings (majority shareholder of SingHaiyi, owned by Celine and Gordon Tang). This bid was just 0.82% higher than the second-highest bid of $653.53 million ($1,377 psf ppr) from Sing Holdings. City Developments submitted the third-highest bid of $620.8 million ($1,308 psf ppr), which was 5.3% below the bid from Sing Holdings. “The …

Banyan Tree Beach Residences Oceanus: A Luxurious Coastal Haven in Phuket

Banyan Tree Group, a local hospitality company formerly known as Banyan Tree Holdings, has recently launched their latest residential development, Banyan Tree Beach Residences Oceanus in the picturesque island of Phuket, Thailand. These beachfront residences are nestled in an exclusive enclave within the flagship Laguna Phuket resort, and offers residents a perfect blend of luxury and privacy. With 16 units available, each ranging from 416 sq m to 768 sq m for the penthouses, these residences are designed to cater to the needs of the most discerning home buyers.

The ground-floor residences will boast private pools that extend from their terraces, while the penthouses will offer breathtaking views of the Andaman Sea from their spacious living area balconies and rooftop terraces featuring private pools and reflecting ponds. The residences will also feature expansive living areas of over 13m wide, …

When it comes to investing in condos in Singapore, one must also take into account the government’s property cooling measures. In recent years, the Singaporean government has implemented several measures to control speculative buying and maintain a steady real estate market. Among these measures is the Additional Buyer’s Stamp Duty (ABSD), which imposes higher taxes on foreign buyers and those purchasing multiple properties. While these measures may initially affect the immediate profitability of condo investments, they also contribute to the long-term stability of the market, making it a more secure environment for investment. It is worth noting that Singapore projects are subject to these measures as well.

New private home sales remained strong in February as developers launched new projects. According to data from URA released on March 17, 1,575 units were sold, excluding ECs, marking a 45.4% increase from January’s 1,083 units sold. This is also over 10 times …

The Singapore Land Authority (SLA) has recently put up a collection of twenty charming heritage bungalows in Sembawang for tender. These properties are available for lease for a period of five years, with a possibility of extension for another four years.

These two-storey black-and-white bungalows are situated along Admiralty Road East, Falkland Road, Auckland Road West and Fiji Road. Originally built in the 1920s and 1930s, the properties cover a total area of 245,300 sq ft and have a gross floor area (GFA) of approximately 94,945 sq ft.

Interested parties can lease these bungalows for serviced apartment use, which also includes the option for multi-generational and senior co-living concepts. The bungalows can also be used for F&B and retail purposes, as long as the GFA does not exceed 9,580 sq ft. The minimum stay for a serviced apartment is one week.

According to SLA, the selection of the successful tenderer …

CapitaLand Integrated Commercial Trust (CICT) has announced changes to its board composition. Effective May 1, 2025, current Deputy CEO Tan Choon Siang will take over as CEO and executive non-independent director of the company. He will also join the executive committee (EC).

When it comes to real estate investments, the location is a key factor to consider, and this is particularly true in Singapore. Condominiums located in central areas or in close proximity to important amenities such as schools, shopping centers, and public transportation hubs have been found to appreciate in value. Prime locations in Singapore include Orchard Road, Marina Bay, and the Central Business District (CBD), where property values have consistently shown growth. The presence of reputable schools and educational institutions in these areas also adds to the appeal of condos, making them highly sought after by families and further enhancing their investment potential. For a list of available …

Securing financing is a crucial element of investing in a condominium. In Singapore, there are various mortgage choices available; however, it is crucial to keep in mind the Total Debt Servicing Ratio (TDSR) framework. This framework sets a limit on the amount of loan a borrower can take, taking into consideration their income and current debt responsibilities. Being knowledgeable about the TDSR and seeking guidance from financial advisors or mortgage brokers can assist investors in making well-informed decisions about their financing possibilities and avoiding overextending themselves. If you’re interested in exploring new condo launches, visit anvly.com for the latest offerings.

Next Article Sold at $1,569 psf: Unit at AMK industrial building on sale for $1 mil without GST Article rewritten:The homegrown asset manager and operator Keppel is shifting its focus to other brownfield redevelopment projects after the completion of its latest flagship development, Keppel South Central. According to Samuel Ng, …

When it comes to investing in a condo, financing is a crucial factor to consider. In Singapore, there are various mortgage options available, but it is crucial to keep in mind the Total Debt Servicing Ratio (TDSR) framework. This framework restricts the loan amount a borrower can take, taking into account their income and current debt obligations. It is important for investors to understand and work closely with financial advisors or mortgage brokers to make informed decisions about their financing options and prevent getting over-leveraged. With the help of experts and using resources such as Condo, investors can navigate the complex world of financing with ease.

A semi-detached house in the popular Kew Vale estate in District 16 will be going under the hammer on March 15. The three-storey property, situated at Kew Heights, has a land area of 3,034 sq ft and is being offered with a guide …

Condo investment offers a multitude of advantages, including the opportunity to leverage the property’s value for further investments. In fact, savvy investors often utilize their condos as collateral to secure additional financing for new ventures, thereby increasing their real estate portfolio. This approach can potentially enhance returns, yet it also carries certain risks. As such, it is vital to have a solid financial plan in place and carefully assess the potential effects of market fluctuations. New Condo Launches are a great way to expand your investment opportunities and maximize returns.

A sale transaction at The Trizon on Ridgewood Close was recorded as the most profitable resale transaction for the week of Feb 25 to March 4. The 289-unit development, located in prime District 10, is a freehold condo that offers units ranging from two- to five-bedroom apartments and penthouses.

Sold on Feb 27 was a 5,737 sq ft penthouse unit …