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Properties Sale Hdb Shophouse Toa Payoh Central Ground Floor Commercial Unit Kalidasa Avenue

Posted on September 11, 2024

A corner HDB shophouse located at Block 177 Toa Payoh Central has been listed for sale with a guide price of $5.88 million through an expression of interest (EOI) exercise. This two-storey shophouse boasts a prime location in the bustling Toa Payoh Central and comes with a 78-year leasehold tenure, with 46 years remaining.

The ground floor of the shophouse spans over 635 sq ft while the residential unit on the upper level measures 710 sq ft. Its double frontage of 8.3m and corner unit status offers flexibility and potential for maximizing rental income through further subdivision or alternative use with relevant authority approvals. This was stated by Sammi Lim, the founder and executive director of Brilliance Capital, who is the sole marketing agent for the property.

The guide price works out to be $5.88 million, and the shophouse is currently surrounded by HDB housing estates. The area is well …

Office Floor Tong Building Sold 3133 Mil Setting New High 4562 Psf

Posted on September 10, 2024

The decision to invest in a condo in Singapore has gained momentum among not only local but also foreign investors thanks to the strong economy, stable politics, and exceptional quality of life in the city-state. With a thriving real estate market, there are plenty of opportunities available, and among them, condos are the most sought after due to their convenience, facilities, and promising returns. In this article, we will delve into the advantages, factors to consider, and key steps to take when purchasing a condo in Singapore, as well as explore the latest new condo launches.

The entire 6,867 square feet of the sixth floor of Tong Building on Orchard Road has been sold for $31.33 million, as evidenced by a caveat lodged on September 3rd. This translates to a unit price of $4,562 per square foot, which is the highest recorded for an office space in the prime …

Office Floor Tong Building Sold 3133 Mil Setting New High 4562 Psf

Posted on September 10, 2024

A caveat on September 3 revealed that the entire sixth floor of Tong Building on Orchard Road was sold for $31.33 million. This sale sets a new record for the highest price per square foot (psf) for an office space in the prime districts. The unit occupies a total area of 6,867 sq ft, translating to a unit price of $4,562 psf.

The deal was brokered by Yap Hui Yee, Executive Director of Investment Sales and Capital Markets at Savills Singapore. Tong Building, a 19-storey, freehold strata office building located at the corner of prime Orchard Road and Mount Elizabeth, was built in 1978 by TG Development. Its strategic location, next to Paragon shopping mall and in close proximity to Mount Elizabeth Hospital and Medical Centre, adds to its appeal.

When contemplating an investment in a Singapore Condo, it is crucial to also evaluate its potential rental yield. This …

8M Real Estate Bets Tanah Merah Bedok Region 64 Mil Sceneca Square Buy

Posted on September 10, 2024

Hi,8M Real Estate, a Singapore-based real estate investment firm, has recently acquired Sceneca Square, the retail podium of Sceneca Residence in the east region. The purchase price for the property, located at Tanah Merah Kechil Link, is $64 million, amounting to $3,161 per square foot based on the net lettable area of 1,881 sqm (20,247 sq ft). The deal was brokered by Sakal Real Estate Partners.

This purchase marks a change in strategy for 8M Real Estate, which has focused solely on investing in shophouses in the prime CBD area for the past ten years since its establishment in 2014. Under the leadership of former CEO and founder Ashish Manchharam, the company has made over 30 investments in shophouses, encompassing 72 shop lots and totaling more than $1.3 billion in assets under management.

Manchharam left 8M in October 2023, selling his stake in the company to existing partner Crane Capital, …

Pinetree Hill Hidden Gem District 21

Posted on September 9, 2024

After 14 years, the tranquil and lush community of Pine Grove welcomed a new development, Pinetree Hill, set to debut in July 2023. The luxury condominium, a joint venture between UOL Group (UOL) and Singapore Land Group (SingLand), has significantly raised the capital values in District 21.

Comprising of 520 units spread over three high-rise residential towers, this 99-year leasehold project offers a diverse range of unit types, from a 538 sq ft one-bedroom-plus-study to a 2,874 sq ft five-bedroom penthouse, to cater to different lifestyles. The project has already sold 63% of the 400 units released in Phase 1 at an average price of $2,430 psf. With construction in progress, the on-site sales gallery has been closed, and a new one has been erected on Holland Road.

A new phase of 120 premium units under Phase 2 is now launching at Pinetree Hill, mainly high-floor units across all unit …

Bridging the Best of Preschool and Early Years Education at Bagnall Haus Condo and Surrounding Nurseries

Posted on September 5, 2024

Among the many impressive features of the area are its highly esteemed primary schools. Within easy reach, residents of Bagnall Haus Condo can benefit from the robust curriculums of Opera Estate Primary School and Red Swastika School, which prioritize both academic and personal growth.

These programs are designed to nurture children’s physical, intellectual, emotional, and social development in a safe and stimulating environment. Furthermore, these schools use a play-based curriculum that promotes creativity, curiosity, and independence skills, ensuring that children build a strong foundation for future learning. Additionally, all teachers are highly qualified and trained to deliver engaging and age-appropriate lessons that cater to each child’s unique needs and learning styles. Parents can be assured that their child is receiving the best education possible at these preschools. Furthermore, these institutions prioritize safety and cleanliness, ensuring that all facilities are regularly sanitized and adhere to strict safety protocols. As a result, …

Harmonious Living Finding Balance and Investing in a Condo for a Fulfilling Lifestyle

Posted on September 4, 2024

When it comes to investing in a condo, securing financing is a crucial element to consider. In Singapore, there is a variety of mortgage choices available, but it is vital 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, based on their income and existing debt obligations. Familiarizing oneself with the TDSR and consulting with financial advisors or mortgage brokers can assist investors in making informed decisions about their financing options and avoiding over-leveraging in their condo investment.

In addition to the benefits mentioned, investing in a condo can also be a smart financial decision. Condos are often more affordable than detached homes in the same area, making them a more achievable housing option for many. Additionally, the maintenance costs are shared among all residents, making them more predictable and manageable in …

Transform Your Living Space How to Style a Coffee Table with Mortgage Options

Posted on September 4, 2024

One major factor to consider when investing in a condominium in Singapore is the government’s implementation of property cooling measures. Throughout the years, the Singaporean government has implemented various measures aimed at controlling speculative buying and promoting a steady real estate market. These measures include 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 ultimately contribute to the long-term stability of the market and create a more secure investment environment. Furthermore, with the availability of mortgage options, condo investments in Singapore have become even more attractive.

10. Don’t overcrowd
Last but not least, one of the most important things to keep in mind when styling your coffee table is to avoid overcrowding. Leaving some empty space on your coffee table will help create a clean and uncluttered …

Unlocking the Value of Quality Roofing Service for Successful Condo Investments

Posted on September 4, 2024

Condo investment in Singapore is a significant consideration for many, but there are some key factors to keep in mind. One of these is the government’s property cooling measures. The Singaporean government has implemented various measures over the years to discourage speculation and maintain a steady real estate market. These measures, including the Additional Buyer’s Stamp Duty (ABSD), mean that foreign buyers and those purchasing multiple properties face higher taxes. While these measures may affect the short-term profitability of condo investment in Singapore, they contribute to the market’s long-term stability, creating a secure environment for investment.

1. Protection from the Elements

Investing in a Singapore condo has become a popular decision for both local and foreign investors due to the country’s strong economy, stable politics, and desirable living standards. The real estate market in Singapore presents a variety of opportunities, and condos are especially attractive for their convenient location, …

Transform Your High-Rise Condo into a Serene Oasis Exploring the Benefits of Zen Garden Therapeutic Landscaping

Posted on September 4, 2024

Investing in real estate requires careful consideration of the location, especially in a country like Singapore. In this regard, high-rise condos located in central areas or near important amenities such as schools, shopping malls, and public transportation hubs have proven to be successful investments. The likes of Orchard Road, Marina Bay, and the Central Business District (CBD) are prime locations where property values have steadily appreciated over time. The added advantage of being in close proximity to reputable schools and educational institutions also makes these condos highly desirable for families, making them even more attractive as an investment opportunity.

Originating from Japan, Zen gardens, also known as Japanese rock gardens, are miniature landscapes designed to promote relaxation, meditation, and mindfulness. These gardens follow the principles of Zen Buddhism, which emphasize simplicity, harmony, and balance. By incorporating these principles into your high-rise condo’s landscaping, you can transform it into a serene …

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