Author: riviere

Per our earlier article concerning unlucrative condominiums, the moment of acquisition contributed to the losses endured by some owners of Urban Vista. Eco has many one-bedroom units that are preferable for renters, however just 11% of the homeowners in Bedok are occupants and also 87% are owner-occupiers.

Including Eco, there are 10 condominiums within a 500m distance. Eco is the largest growth with 748 systems and Tanah Merah Mansion is the smallest with just 36 systems.

Many Downtown Core condominiums are still costing a loss in spite of the current bullish residential property market. This could be a home window of possibility for savvy capitalists to get a bargain.

There are 6 condos with 1,772 units within a 1km distance of Parc Rosewood. Parc Rosewood has the greatest typical cost of $1,076 psf with Woodhaven bringing up the rear at $774 psf.

Woodhaven would be the closest in age to …

When Paya Lebar Airbase leaves in the 2030s, it will certainly be redeveloped right into a new community with around 150,000 brand-new residences, says Prime Minister Lee Hsien Loong, at the National Day Rally on Aug 21.
Read additionally: The following chapter in Paya Lebar’s development

The moving of the airbase to Changi was announced in the National Day Rally of 2013. Paya Lebar Airport officially opened up in 1955, as well as was Singapore’s very first industrial worldwide flight terminal before Changi Airport was constructed. In 1981, Paya Lebar Airport was exchanged a military airbase.

Artist’s impact of future community with central spinal column on the website of the Paya Lebar Airbase when it’s transferred

The relocation of the airbase will likewise imply a few of the building height limitations around it can be lifted
Public and also exclusive real estate can remain on both sides of the spinal …

Riviere Condo

Situated in the city fringe, Delta House is within 700m strolling range to Tiong Bahru MRT station, near Tiong Bahru Plaza, Valley Point and also Great World City. It’s simply a seven-minutes’ drive to the CBD.

The system inhabits near to 65% of the whole flooring, and stands for about 10% of the complete strata location and overall share worth at Delta House. The seven-storey flatted factory has a preschool on the initial storey, with upper stories housing production spaces, stockrooms and ancillary offices.
The sale goes through existing tenancies with staggered lease expiration dates. According to Zeng, the vendor prepares to rent back most of the space that it’s inhabiting. The device has windows on 3 sides, straight passenger as well as freight lift gain access to as well as 8 reserved garage.

A property strata commercial device at Delta House, situated along Alexandra Road, gets on …

Riviere Jiak Kim

As part of the Chinatown-Tanjong Pagar historic conservation area, the shophouse is situated in the Duxton Hill enclave, home to preferred restaurants, bars and hipster cafes. Tanjong Pagar MRT Station (on the East-West Line) and the upcoming Maxwell MRT Station (on the Thomson-East Coast Line) are both within walking distance.

A two-storey industrial shophouse with attic room, located at the joint of Neil Road and also Craig Roadway, is up for sale via expression of rate of interest (EOI) at an overview cost of $12 million, or $3,445 psf. Savills has actually been designated as the sole advertising representative.

It is zoned for commercial use, with the first flooring approved for F&B usage and also the top floor accepted for office use. The shophouse is currently fully tenanted to a Japanese cafe teahouse on the ground floor and also an MNC on the upper flooring, according to …

Age Realty, the advertising agency for Chuan Park, decreased to comment for this tale. Kingsford Development could not be grabbed comment.

Now that Normanton Park is fully sold, Kingsford has just one other upcoming advancement, specifically the 142-unit new job at Slim Barracks Rise. It had actually won the website in a government land tender last September with a quote of $162.388 million ($ 1,210 psf per story proportion).

Market speculation has actually been raging that Kingsford is the customer of Chuan Park considering that it completely marketed all 1,862 units at Normanton Park as at end June. As well as this was attained in simply 18 months considering that its launch in January 2021

Chuan Park has 444 condo systems and 2 store units in the development. It lies alongside Lorong Chuan MRT terminal
Finished in 1984/85, the existing Chuan Park has 444 condo systems and 2 strata business …

Suites at Orchard gain from its distance to the Orchard Road buying belt and the arts and also heritage district at Bras Basah as well as Bencoolen Street.

There are 16 penthouse systems at Suites at Orchard that range from 840 sq ft one-bedders to 1,485 sq ft, two-bedroom devices. Far, the most costly penthouse marketed was a 1,485 sq feet, two-bedroom system that altered hands for $2.7 million ($1,818 psf) in April 2016.

Suites at Orchard is a 99-year leasehold advancement along Handy Road in prime District 9. Found in the Dhoby Ghaut area, the condo is also close to the arts and also heritage areas along Bras Basah, Bencoolen Street as well as Middle Road.

Based upon URA cautions, transactions entailing penthouse systems at Suites at Orchard are unusual. No units of any type of size were sold between October 2018 and December 2020 as well as only …

JTC has actually put up a website at Tanjong Penjuru up for tender on June 28. It is the last of the 3 websites on the initial half of 2022 confirmed Industrial Government Land Sales (IGLS) list to be introduced.

Situated in the Jurong West industrial district, the 30-year leasehold Tanjong Penjuru plot has a website location of 94,722 sq ft and also a permitted gross plot ratio of 2.5. The optimum structure height is 62m Singapore height datum (SHD). The SHD was introduced in 2015 as an elevation measurement reference and also is secured to Singapore’s historical mean sea level.
The site is zoned for company 2 (commercial) use under the Urban Redevelopment Authority (URA) Master Plan, permitting hefty commercial usage such as basic sector, manufacturing, repair work as well as maintenance along with the storage space of chemicals, states URA.…

The Housing and also Development Board (HDB) has actually launched a new exec condominium (EC) website at Bukit Batok West Avenue 5 for tender on the validated Government Land Sales (GLS) list on June 28. The 99-year leasehold story rests on a land area of 179,000 sq ft and also will certainly have a maximum permitted built-up area of 536,800 sq ft, based on the gross story proportion of 3.0, says HDB.

OrangeTee & Tie CEO Steven Tan expects the advancement to produce a total amount of 495 units. “There is just one finished EC development within Bukit Batok, The Dew, which has a resale price of $1,024 psf based upon this year’s data,” he includes.

One more surrounding plot at Bukit Batok Avenue 8 attracted an overall of nine quotes as well as was awarded to a QingJian Realty and also Santarli Construction joint venture in March, marking a …