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A luxurious Good Class Bungalow (GCB) located in the prestigious Dalve Estate-Nassim Road enclave has been listed for sale via an expression of interest (EOI) exercise, with an indicative price of $60 million. The property is currently being marketed by Cushman & Wakefield, as stated in a press release on Jan 8. The indicative price reflects a land area of 21,881 sq ft, equating to $2,742 per square foot (psf).

Investing in a condo also offers the advantage of using the property’s value to fuel further investments. Numerous investors utilize their condos as leverage to secure additional financing for new investments, consequently diversifying their real estate portfolio. While this approach can potentially increase returns, it is essential to have a solid financial plan in place and carefully assess the potential consequences of market fluctuations. Additionally, consider using Condo as a means to expand your investment opportunities.

According to Shaun Poh, …

Singapore buyers will have the opportunity to explore a luxurious residential development in New York during the weekend of January 11 and 12. Located in the prestigious Upper West Side of Manhattan, 720 West End Avenue boasts 131 residences, ranging from one to five-bedroom homes, townhouses, duplexes, and penthouses with private terraces. The unit sizes range from around 500 sq ft to over 3,700 sq ft, with prices starting at US$1.015 million ($1.38 million) for a one-bedroom residence.

The development is a stunning renovation of a pre-war building originally designed by the renowned New York architect Emery Roth in 1927. Formerly known as the Hotel Marcy, the 17-storey building boasts a striking Renaissance Revival-style façade. The developers, Glacier Equities and InterVest Capital Partners, have meticulously restored the building’s façade to preserve its intricate architectural details. Additionally, they have added two floors to accommodate the penthouse duplexes, and have given the …

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When contemplating an investment in a Singapore condo through Singapore Projects, it is imperative to evaluate the potential rental yield. This refers to the annual rental income as a percentage of the property’s purchase price. In Singapore, the rental yields for condos can greatly vary depending on factors such as location, property condition, and market demand. Generally, areas with high rental demand, such as those near business districts or educational institutions, tend to offer better rental yields. It is crucial to conduct thorough market research and seek guidance from real estate agents to gain valuable insights into the rental potential of a specific condo before making an investment decision.

offers buyers peace of mind

Alamanda Tower, part of Ayana Bali, has recently launched its latest residential offering – 26 units of one- and two-bedroom residences, available for long-term lease with a minimum stay of one month. Located within …

Surbana Jurong Group has recently welcomed a new addition to its board of directors – Professor Cheong Koon Hean. The company announced her appointment in a press release on January 6, stating that it will enhance Surbana Jurong’s capabilities in delivering innovative, resilient, and sustainable solutions for the built environment.

Obtaining financing is a crucial element to consider when investing in a condo. In Singapore, there are various mortgage options available, but it is important to understand the Total Debt Servicing Ratio (TDSR) framework, which dictates the maximum amount of loan a borrower can take based on 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 choices about their financing options and prevent them from becoming over-exposed. If you are interested in Singapore Projects, familiarizing yourself with the TDSR is essential in …

A prime freehold condo in District 10, River Valley Apartments, has been put up for collective sale through a public tender. The exclusive marketing agent, Knight Frank Singapore, announced on January 6th that the development is being offered for $56 million.

Built in the 1950s, the four-storey apartment complex consists of 24 units and sits on a 12,408 sq ft residential-zoned land with a gross plot ratio of 2.8. It is located just 500m from the Great World MRT Station on the Thomson-East Coast Line. The convenient location also offers easy access to Great World City and Valley Point Shopping Centre, while River Valley Primary School and Alexandra Primary School are both within a 1km radius.

The property has the potential for redevelopment into a boutique residential development with 37 new units, with an average size of 915 sq ft, as noted by Knight Frank.

The guide price of $56 …

The Urban Redevelopment Authority (URA) has given its approval for a proposal to voluntarily conserve Golden Mile Tower. This would only take effect if the 99-year leasehold development is successfully sold in a collective sale and a developer plans to redevelop the property.

Based on documents that EdgeProp Singapore has obtained, the government has stated that if a developer agrees to conserve the existing cinema block, they may consider increasing the site’s allowable Gross Plot Ratio (GPR) from 4.46 to 5.6, taking into account the current site area of 93,902.5 square feet.

This would also result in the redevelopment being allowed a greater Gross Floor Area (GFA) of 525,854 square feet, a significant increase from the current GFA of 419,142 square feet. Furthermore, the voluntary conservation plan would also permit a higher maximum building height of 164 meters, which is higher than the current limit of 145 meters for the …

Over the weekend of January 4-5, the sales gallery of Bagnall Haus at Upper East Coast welcomed an impressive number of 1,500 visitors. According to Teo Hong Lim, the executive chairman of Roxy-Pacific Holdings, the developer of Bagnall Haus, the majority of the visitors were families who currently reside in the East.

Bagnall Haus is one of the first new project launches of 2025 and it has already received overwhelming attention. The freehold condominium, which comprises of 113 units, is a redevelopment of the former Bagnall Court. The site was acquired in January 2023 for $115.28 million.

The project is strategically located within a five-minute walking distance from the upcoming Sungei Bedok MRT Interchange Station and the Upper East Coast Bus Terminal. Prospective buyers can easily search for the latest new launches to find out the transaction prices and available units.

It has been 15 years since the last new …

NUS study: Urban Solar Farms 3 times more productive than rural solar farms

The latest HDB flash estimates released on Jan 2 showed that resale flat prices rose by 2.5% q-o-q in 4Q2024, slightly slower than the 2.7% q-o-q growth recorded in the previous quarter. This marks the 19th consecutive quarter of price increases in the HDB resale market.

According to chief researcher and strategist at OrangeTee Group, Christine Sun, the flash estimates indicated that HDB resale prices grew by 9.6% in 2024, which was double the 4.9% growth recorded in 2023. However, this was still slower than the 10.4% price increase in 2022 and the 12.7% growth in 2021.

The HDB caveat data, downloaded from data.gov.sg at 8.15am on Jan 2, showed a slowdown in price growth for some flat types, noted OrangeTee. For instance, the median price of four-room flats saw a q-o-q increase of 2.5% in 4Q2024, …

According to the latest HDB flash estimates released on Jan 2, resale flat prices increased by 2.5% in the fourth quarter of 2024, slightly slower than the 2.7% growth seen in the previous quarter. This marks the 19th consecutive quarter of price increases in the HDB resale segment.

The flash estimates also showed a 9.6% growth in HDB resale prices for the whole of 2024, doubling the 4.9% increase seen in 2023. However, this growth was still lower than the 10.4% and 12.7% recorded in 2022 and 2021 respectively. According to Christine Sun, chief researcher and strategist at OrangeTee Group, this could be due to the various cooling measures implemented by the government in recent years.

Investing in a condo requires careful consideration of financing options. In Singapore, there are various mortgage choices available, but it is crucial to understand and adhere to the Total Debt Servicing Ratio (TDSR) framework. …

Roxy-Pacific Holdings, a well-known property developer, is set to give a sneak peek of its latest project, Bagnall Haus, this Saturday, Jan 4. The brand new freehold development, located along Upper East Coast Road, is a redevelopment of the former Bagnall Court, which was acquired by Roxy-Pacific for $115.28 million in February 2023. This translates to a land rate of $1,106 per square foot per plot ratio (psf ppr).

Bagnall Haus boasts 113 units in a low-rise, five-storey block, including two shop units. The units range from one-bedroom plus flexi, starting from 495 sq ft, to five-bedroom apartments spanning 1,528 sq ft. Prices for the one-bedroom plus flexi units start from $1.235 million ($2,495 psf).

Securing financing is a crucial element in the process of investing in a condominium. Fortunately, Singapore presents various mortgage alternatives for potential buyers. However, it is crucial to have an understanding of the Total Debt …