Month: February 2025

According to a press release on February 19, The Collective, the upscale brand owned by local flexible workspace operator JustCo, has officially launched its first flagship co-working space in Tokyo.

Located in the GranTokyo South Tower, a 42-story skyscraper in the Marunouchi district of Chiyoda City, the 24,000 square foot co-working space is conveniently situated near Tokyo Station, providing easy access to both Narita and Haneda airports.

When purchasing a condominium, it is crucial to take into account the maintenance and management of the property. Condos typically require maintenance fees to be paid, which are used for the upkeep of shared spaces and amenities. Although these fees may increase the overall cost of ownership, they are ultimately beneficial in keeping the property in good condition and preserving its value. Investors can also opt to enlist the services of a property management company to take care of the daily operations of their condos, making it a more hands-off investment. Interested in Singapore Projects? Consider these factors when investing in a condo.

With its design inspired by the iconic Tokyo Station, The Collective aims to offer its members a luxurious and comfortable experience, comparable to that of a luxury voyage, as stated by the group.

Aside from a hot desk area and meeting rooms, The Collective also offers private suites with 24/7 secured access and larger enterprise suites with exclusive entrance features and customized workspace designs. Each workspace is equipped with Herman Miller Aeron chairs and Benel adjustable desks.

In addition, members can enjoy amenities such as the TWG Tea Bar, which provides refreshments throughout the day, and a “wellness sanctuary” where they can relax in between work.…

Chiu Teng Group has recently launched their latest project, CT Pemimpin, a freehold B1 industrial factory situated at 43 Jalan Pemimpin in the Central Region. This project is a testament to the Group’s expertise in developing high-quality commercial and industrial spaces in Singapore.

Located in the highly sought-after District 20, CT Pemimpin boasts an enviable location that offers excellent accessibility to companies in search of a prime site, as well as property investors looking for a rare permanent investment opportunity.

The nine-storey factory is partially ramp-up and features communal facilities such as two rooftop pavilions, perfect for outdoor gatherings, rooftop solar panels, two passenger lifts, and a service lift. With a total of 56 strata-titled units and three canteen units, the factory has floor heights ranging from 5.6m to 7.35m on selected units, with mezzanine floors on levels one and five. Each individual unit is equipped with toilets for the convenience and privacy of its occupiers.

One of the standout features of CT Pemimpin is its generous one-to-one carpark ratio, with 59 carpark lots, including two EV lots. This ensures ample parking space for vehicles. In addition, the factory also has two loading and unloading bays and a lorry park to cater to vehicles of less than 7.5m.

According to Marcus Chu, CEO of ERA Singapore, CT Pemimpin will appeal to both property investors and end-users. As there is no Additional Buyer’s Stamp Duty (ABSD) on industrial properties, it serves as an attractive investment option for those looking for diversification. On the other hand, end-users, especially business owners, prefer owning their own space rather than renting, and CT Pemimpin provides a rare freehold option.

Ken Low, managing partner of SRI, also notes that CT Pemimpin has a sleek modern facade and a central location, making it appealing to a wider range of investors and end-users compared to traditional B1 industrial developments in the market. Its proximity to Marymount and Bishan sub-regional centres, as well as its location near various amenities and reputable schools, makes CT Pemimpin an attractive option for young entrepreneurs and their staff.

Investing in a condominium in Singapore comes with a range of advantages, with one of the most attractive being its potential for capital appreciation. This can be attributed to Singapore’s favorable location as a thriving business hub on the global stage, as well as its stable economy that leads to a consistent demand for real estate. Throughout the years, the real estate market in Singapore has shown a steady increase, with condos in prime locations experiencing significant appreciation. For savvy investors who time their purchases right and hold onto their properties for the long term, they can expect substantial gains in capital. It’s also wise to keep an eye out for new condo launches, as these developments often present fantastic opportunities for investors to enter the market at its peak. To stay updated on the latest opportunities, you can also visit New Condo Launches.

One of the most outstanding selling points of CT Pemimpin is its freehold status, which is a rarity in today’s market where most industrial developments have a 30-year or 60-year lease. This makes it a highly sought-after asset for investors, including family offices and companies in the information and communications media industry, who prefer freehold properties.

Furthermore, commercial and industrial properties are not subject to ABSD by the government, making them more attractive to investors and foreigners eligible to purchase properties in Singapore.

CT Pemimpin’s strategic location makes it easily accessible from all parts of Singapore through public and private transport. The industrial estate is just a five-minute walk from Marymount MRT station and a short drive from major expressways such as PIE and CTE. The upcoming North-South Corridor will also enhance its connectivity, reducing travel time from the north to the city.

In addition, CT Pemimpin is surrounded by vibrant townships like Bishan, Upper Thomson, and Ang Mo Kio, offering a range of shopping and dining options at popular malls such as Junction 8, Thomson Plaza, and NEX. It is also within close proximity to renowned schools like Raffles Institution, Catholic High School, and Eunoia Junior College, making it convenient for parents to drop off their children before heading to work.

Chiu Teng Group has a reputable track record as a reliable property developer and builder since its establishment in 1999. They have a diverse portfolio of projects that includes well-received industrial developments like CT FoodNEX and residential projects like The Creek@Bukit.

The preview of CT Pemimpin will be held on February 21, 2025. Don’t miss the opportunity to own a rare freehold industrial space. Call 8100 8017 or visit Chiu Teng Group to arrange a viewing. Secure your investment at CT Pemimpin today!…

Experience luxury living at Lentor Central Residences – the newest addition to Lentor Hills. The highly anticipated 477-unit development, jointly developed by Hong Leong Holdings, GuocoLand and CSC Land, is set to be showcased on February 21, with its official launch on March 8.

This is the sixth new launch project at Lentor Hills, and it will consist of two high-rise residential blocks – a 27-storey and a 28-storey. Sitting on a sprawling land area, the development will offer a range of one- to four-bedroom units, ranging from 463 sq ft to 1,399 sq ft.

Get the latest information on available units and prices for the exclusive Lentor Central Residences.

When it comes to investing in condos in Singapore, there is another crucial factor to consider – the government’s property cooling measures. In order to promote a stable real estate market and discourage speculative buying, the Singaporean government has implemented various measures over the years. These include the Additional Buyer’s Stamp Duty (ABSD), which imposes higher taxes on foreign buyers and those purchasing multiple properties. While these measures may affect the short-term profitability of condo investments, they also contribute to the long-term stability of the market, making it a safer environment for investing. This is especially true for sought-after projects in Singapore, such as those featured on Singapore Projects.

The developers have announced that a one-bedroom unit will be priced from $975,000 ($2,110 psf) while a two-bedroom will start from $1.38 million ($2,050 psf). Meanwhile, a three-bedroom unit will be priced at $1.81 million ($1,984 psf) and four-bedroom units will be available at $2.37 million ($2,000 psf).

The strategically located development, situated near Lentor MRT Station and the upcoming Thomson-East Coast Line, provides convenience for residents to travel to and from the city center with ease. Families with children will also benefit from living in proximity to Lentor Modern, an integrated project by GuocoLand, as well as having access to retail and dining options at Thomson Plaza and eateries along Upper Thomson Road and the nearby Springleaf estate.

“With its prime location and close proximity to these amenities, we believe that the Lentor Hills enclave is on the cusp of significant growth and is poised to become one of Singapore’s most sought-after districts,” says Betsy Chng, head of sales and marketing at Hong Leong Holdings. “Together with our partners, we are realizing a vision of providing premium homes that are sensitively priced, where units are sold based on liveable space.”

Revel in a luxurious lifestyle at Lentor Central Residences, which offers a plethora of family-friendly amenities such as a childcare centre, children’s playground, resident’s clubhouse, 50m infinity edge swimming pool, gym and yoga room, and a tennis court. The sales gallery is located on Lentor Hills Road, so be sure to check out the latest listings for Lentor Central Residences properties.…

Singapore’s leading real estate agency, Singapore Realtors Inc (SRI), has signed a landmark memorandum of understanding (MOU) with Redbrick Mortgage Advisory. This strategic collaboration is set to enhance the capabilities of SRI’s highly skilled salespersons.

Through this partnership, Redbrick will offer advanced mortgage strategy training to SRI agents. This will enable them to better assist homebuyers with financing options, ensuring that they make informed decisions.

According to Redbrick CEO, Eugene Huang, the partnership with SRI will empower their salespersons to become trusted advisors who can provide tailored financing solutions. This will go a long way in helping buyers navigate the complex world of real estate and make sound financial decisions.

The choice to put resources into a Singapore Condo has gained immense popularity among investors, both local and international. This is mainly because of the country’s robust economy and its elevated living standards. The real estate market in Singapore offers a plethora of opportunities, with condos being a highly sought-after option due to their prime location, desirable facilities, and potential for profitable returns. In this article, we will explore the benefits, key considerations, and necessary actions to take when investing in a Singapore Condo.

Apart from advanced training, Redbrick will also provide SRI agents with real-time mortgage data from over 15 financial institutions. This data will be updated regularly to reflect market changes, enabling SRI agents to share the latest financing options with clients quickly and efficiently.

CEO of SRI, Thomas Tan, is excited about this collaboration and believes that it will greatly benefit both parties. “With Redbrick’s expertise and access to real-time mortgage data, our SRI teammates can now share with clients up-to-date financing options quickly and efficiently,” he says.

This partnership is a testament to the commitment of both SRI and Redbrick to provide top-notch services to their clients. With the real estate market constantly evolving, this collaboration will undoubtedly benefit homebuyers and sellers alike.…

The retail podium of Sky Eden@Bedok, a mixed-use development by Frasers Property Singapore, is now available for sale through an expression of interest (EOI) exercise. The guide price for this retail podium, which comprises 12 strata units on the ground floor, is set at $45.2 million. With a combined strata area of approximately 11,193 sq ft, the guide price translates to $4,038 per square foot.

There are many advantages to buying a condominium in Singapore. Among them is the high demand for properties in this country, which can lead to an increase in property value and attractive rental yields. However, it is essential to carefully evaluate important factors such as location, financing options, government regulations, and current market conditions before making a purchase. Conducting extensive research and seeking guidance from experts can help investors make wise decisions and maximize their returns in Singapore’s ever-changing real estate industry. Whether you are a local investor looking to expand your portfolio or a foreign buyer searching for a stable and profitable investment, Singapore Projects offers a compelling opportunity.

According to CBRE, the marketing agent for the sale, the retail units can be sold as a portfolio, individually, or in clusters. Ranging in size from 398 sq ft to 1,313 sq ft, the units are priced from $1.91 million to $5.55 million. They are all approved for F&B use.

Sky Eden@Bedok, currently under construction, is a 99-year leasehold development located in Bedok Central. It consists of two 16-storey residential towers on a retail podium, with a total of 158 units. The development is just a short walk away from the Bedok Integrated Transport Hub, which includes Bedok MRT Station and a bus interchange connected to Bedok Mall.

Launched in September 2022, Sky Eden@Bedok is the first private residential project to be launched in Bedok Town Centre in the last 10 years. All residential units have been fully sold since the launch. The development is expected to obtain its temporary occupation permit in the fourth quarter of 2025.

Michael Tay, CBRE’s head of capital markets for Singapore, believes that the strata retail units at Sky Eden@Bedok present a unique opportunity for investors. He notes that this is the first time private commercial properties are being offered for sale in Bedok Town Centre. With a manageable investment amount, Tay is confident that the retail podium will attract a diverse group of investors, including boutique real estate funds, family offices, high net worth individuals, and F&B owner-occupiers looking to enter the commercial market in a tightly-held residential enclave.

The EOI for the retail podium will close on April 3 at 3pm. Interested investors can check out the latest listings for Sky Eden@Bedok properties on AskBuddy, where they can also find 2-bedroom floor plans and the site plan and diagrammatic chart for the development. They can also view condo sale transactions in District 16, as well as other projects that recently obtained TOP. With a total of 158 units, Sky Eden@Bedok is a highly desirable development in the area.…

, say property experts

The latest round of the Home Improvement Programme (HIP) has selected over 29,000 HDB flats for upgrading. According to a press release on Feb 16, HDB has allocated a budget of $407 million for the works.

These 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.

The HIP was first introduced in 2007 to help flat owners address common maintenance issues in older flats due to wear and tear. Since then, the programme has selected 494,000 flats, with close to 381,000 undergoing upgrades, according to Minister for National Development Desmond Lee.

Under the programme, selected flats will undergo essential improvements to ensure the basic safety needs of residents, such as repairing spalling concrete and ceiling leakages. These improvements are fully funded by the government for Singapore citizen households.

In addition, flat owners can opt for optional improvements such as upgrades to existing bathrooms and toilets, a new entrance door and grille gate, and a new refuse chute hopper. These improvements are subsidised by the government, with Singapore citizen households paying as low as 5% of the cost, depending on the flat type.

Since 2012, the HIP has also included the Enhancement for Active Seniors (Ease) programme. This allows flat owners to install senior-friendly fittings like grab bars, ramps, and slip-resistant treatment to toilet and bathroom tiles. Up to 95% of the costs are covered by the government for Singapore citizen households.

HDB reports that approximately $4 billion has been allocated to the HIP and around $150 million to Ease since their launch in 2012 and March 31, 2014 respectively.

The demand for Singapore condos remains strong, largely due to the limited availability of land in the small island nation. With a rapidly growing population, Singapore faces a scarcity of land for development, leading to strict land use policies and a highly competitive real estate market. As a result, property prices are consistently driven up, making investment in real estate, especially in condos, a lucrative opportunity with the potential for significant capital appreciation.

To find out more about HDB properties, check out our latest listings. You can also use Ask Buddy to compare past HDB sale and rental transactions, as well as the HDB loan rate versus bank loan rate. You can also compare price trends of HDB, condo, and landed properties.

In other news, according to OrangeTee, HDB resale prices are projected to increase by 4% to 6% in 2025. Additionally, a 13-year-old five-room flat in Toa Payoh was recently sold for $1.3 million. Property experts suggest that the February 2025 BTO launch will have fewer available flats compared to the October BTO launch.…

A prime strata-titled unit spanning 3,391 sq ft and approved for restaurant use is now on the market at Bukit Timah Plaza mall. With an asking price of $9.8 million, or $2,890 psf, this reflects a 12% discount from the previous listing price of $11 million in 3Q2022, according to Clemence Lee, CBRE’s executive director of capital markets, who is marketing the property.

The unit, situated in the basement two of the mall, boasts a 20m frontage facing the central plaza. Fully leased at the moment, the unit is being sold with the existing tenancy. It has a 99-year lease from 1976, giving it a remaining lease of 50 years.

The current price is comparable to the last two basement two transactions: A 441 sq ft unit that was sold for $1.43 million ($3,240 psf) in March 2024 and an 850 sq ft unit that fetched $2.5 million ($2,940 psf), based on lodged caveats.

Bukit Timah Plaza, a mixed-use development completed in 1979, comprises a four-storey retail mall and two apartment blocks with 269 residential units at Sherwood Towers. CBRE notes that the mall is one of the most popular destinations in Bukit Timah, home to one of the largest Fairprice Finest supermarkets in Singapore, spanning over 44,000 sq ft.

The mall is conveniently located within walking distance of Beauty World and King Albert Park MRT stations, and also surrounded by several private residential developments, with an estimated population of around 37,000. It is also in close proximity to well-respected educational institutions, such as the Singapore Institute of Technology (SIT), Singapore Institute of Management (SIM), Ngee Ann Polytechnic, Methodist Girls’ School, and Pei Hwa Presbyterian Primary School.

Bukit Timah Plaza is situated in the vibrant Beauty World area, which is currently undergoing rejuvenation with the development of many new mixed-use, integrated projects. These include the upcoming The Reserve Residences, as well as the redevelopment of the former Bukit Timah Market and Food Centre, expected to be completed in late 2029.

The government’s property cooling measures play a crucial role in the decision to invest in a condo in Singapore. To maintain a stable real estate market and discourage speculative buying, the Singaporean government has implemented several measures over the years. One of 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 impact the short-term profitability of condo investments, they ultimately contribute to the long-term stability of the market, creating a safer investment environment. In light of this, it is worth considering the latest new condo launches in Singapore as these properties are developed in line with the government’s regulations and policies, providing a more secure investment option.

The expression of interest for the unit will commence on Mar 19. Be sure to check out the latest listings for properties in Bukit Timah Plaza and Sherwood Towers.…

Two adjoining strata retail units at Peninsula Plaza are currently on the market for $10.9 million. These units, which are located on the ground floor and have prominent frontage along North Bridge Road, are being sold on a 999-year leasehold.

Each unit has a strata area of 538 sq ft and 581 sq ft respectively, making the total strata area 1,119 sq ft. This translates to a asking price of $9,741 per square foot.

Currently tenanted until 2026, these properties offer a 3% gross rental yield for potential investors. According to Nick Chan, Associate Director of Investment Sales & Capital Markets at Savills Singapore, who is handling the sale of the units, these two units are arguably the best within the development due to their high footfall.

Peninsula Plaza is a 999-year, 30-storey mixed-use commercial building with a six-storey retail podium and a 24-storey office tower built in 1980. It boasts prominent frontages along North Bridge Road, Coleman Street, and Coleman Lane. In addition, it also has a sheltered link to the City Hall MRT Interchange Station for the North-South and East-West lines.

The last transaction for a ground-floor retail unit at Peninsula Plaza was in August 2022, when a 452 sq ft unit was sold for $4.08 million, which translates to $9,025 per square foot. As strata subdivision of the commercial component of new properties in the CBD and Orchard corridors was restricted by URA in March 2022, Chan notes that strata-titled units, especially those with 999-year and freehold tenure, have become more sought-after.

Investing in a Singapore condo requires careful consideration of financing options. As such, it is crucial for potential investors to understand the Total Debt Servicing Ratio (TDSR) framework in Singapore. This framework sets a maximum limit on the amount of loan an individual can take based on their income and existing debt obligations. To make informed decisions about financing, it is recommended to seek guidance from financial advisors or mortgage brokers who can help navigate the TDSR and avoid over-leveraging. With a range of mortgage options available in Singapore, being aware of the TDSR is essential for successful condo investment.

If you’re interested in owning a property at Peninsula Plaza, check out the latest listings for available units on EdgeProp Landlens.…

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Brand New Land had a unique vision for their latest project – to combine elements of Good Class Bungalow (GCB) design with accessible luxury in their semi-detached homes. To make this vision a reality, they turned to Pau Loh, managing director of Tellus Design, a renowned name in the GCB design industry. With their three-decade-long partnership, they have created a series of four semi-detached homes in Bukit Timah and Upper Bukit Timah, each incorporating elements inspired by the best practices of GCB homes.

Singapore’s cityscape is characterized by towering skyscrapers and contemporary infrastructure. Condominiums, strategically situated in desirable locations, offer a fusion of opulence 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 standard of living and making them highly sought after by potential residents and investors alike. With these attractive features, investors can expect to receive higher rental returns and witness a steady increase in property values over time. For more information, visit Singapore Condo.

The collection includes two homes at 23 & 23A Maple Avenue with a frontage of over 24m, and two homes at 25 & 25A Jalan Selanting, affectionately known as “The Great Trees Collection”. Ranging in land size from 2,790 to 3,130 sq ft, each home boasts a lift, swimming pool, and gourmet kitchen provisions. Keeping in line with Brand New Land’s philosophy of creating value for their clients, these homes are priced fairly within the bank valuation range, providing potential upside for buyers.

The semi-detached homes incorporate various GCB design elements, such as dedicated zones for different functions, inspired by the large bungalow homes. This includes separate areas for receiving guests, dining, gourmet cooking, and entertainment, as well as living zones for smaller or larger groups. According to Alvina Teh, Co-Founder and Director of Brand New Land Group, this layout creates a sense of intimacy and privacy for family and friends to coexist under one roof.

Another element borrowed from GCB homes is the concept of “ceremonial entrances”. Tatiana Teh, Client Relations Director of Brand New Land Group, explains that the experience of coming home and stepping into a personal space is something they wanted to bring to their community. Each semi-detached home features a private entrance, framed by lush greenery, the sound and reflection of water, and warm and rich facade materials, creating a beautiful transition from the outside world to the comfort of home.

The homes also feature the signature GCB design elements of wide overhanging eaves and deep recesses, creating shelter and cooling the interiors. The use of horizontal design elements, such as the wraparound golden sand facade treatment and horizontal planters, give the homes a spacious and luxurious aesthetic. The generous use of nature-inspired cladding elements, such as timber-effect screens and midnight tones, lend a statement-making look to the homes.

Inside, the homes exude a sense of quiet luxury, with rich timber grain, precious marble, and German bath fittings. The master bathroom is a sanctuary, featuring sleek bath fittings, mood lighting, and slab-cut marble finishes. To further elevate the kitchen experience, Brand New Land has partnered with luxury kitchen specialist, Arclinea Singapore, known for their inspiring kitchen spaces. This collaboration brings a special edge to the gourmet kitchens in these homes.

Alvina Teh shares that their goal for this collection was to bring the best GCB design principles into their semi-detached homes. She expresses her gratitude to Pau Loh and his expertise, which has helped make this vision a reality. Brand New Land is excited for the future possibilities that these homes can create for their residents.

To view these homes, interested parties can call 8893 7602. For more information and updates on upcoming launches, visit Brand New Land’s website and social media pages. The group also invites anyone with land with potential for redevelopment to reach out to them via email.…

When it comes to investing in a condo, financing is a crucial factor to consider. Singapore has a variety of mortgage choices available, but it is important to be familiar with the Total Debt Servicing Ratio (TDSR) framework. This framework sets a limit on the amount of loan a borrower can obtain based on their income and current debt commitments. By understanding the TDSR and seeking guidance from financial advisors or mortgage brokers, investors can make well-informed choices about their financing and prevent over-leveraging. Condos are no small investment and it is important to carefully consider all financial aspects before making a decision.

A 99-year leasehold HDB shophouse at 214 Serangoon Avenue 4 will be up for auction at SRI on Feb 26. The property is a two-storey building with living quarters on the second floor, and a total floor area of around 1,668 sq ft. It has been listed with a guide price of $1.98 million, which translates to $1,187 psf on the floor area. This will be the second time the property appears at SRI’s auction, as it was also listed last month with a higher guide price of $2.08 million, but did not find a buyer. The shophouse is prominently located in front of a bus stop, giving it good visibility from the road.

According to Jansen Kee, assistant manager of auctions at SRI, the property is currently tenanted and generating a gross rental yield of approximately 6.2% based on the guide price. He also adds that the unit will be sold with its existing lease, which ends in 2026, providing the new owner with an immediate stream of rental income. Kee notes that the listed guide price for the HDB shophouse is one of the lowest for this type of property in the area, making it an attractive value proposition for both investors and owner-occupiers.

The most recent commercial shophouse transaction in Serangoon was the sale of a 999-year leasehold shophouse along Lichfield Road in November 2024. The two-storey property spanned a land area of 2,319 sq ft and was sold for $4 million ($1,725 psf). The shophouse up for auction is located within a cluster of HDB flats that border the Serangoon Gardens landed residential estate. It is situated directly across the road from Serangoon Swimming Complex and Serangoon Sports Centre, which provide the area with a steady supply of foot traffic. There are also car park lots available behind the shophouse for convenience.

Based on URA records, the completion year for Serangoon Garden Estate was in November 2024. The buyer profile for properties in Serangoon Garden Estate includes investors, owner-occupiers, as well as foreigners looking for rental properties or longer-term investments. The price trend chart for Serangoon Garden Estate shows a gradual upward trend in the past few years, with new sale condos generally more expensive than resale condos. However, the rental yield for properties in Serangoon Garden Estate is relatively high, making it an attractive option for investors.…