Condo Gine Star Fruits

8M Residences made headlines in the week of Feb 1 to 7 as it topped the list of private condos to achieve a new psf-price peak. A two-bedroom unit on the 15th floor was sold for a record-breaking $2,384 psf, marking the first time a unit at the freehold development has been sold for more than $2,300 psf. The previous record was set in April 2023 when a similar two-bedroom unit on the 11th floor was sold for $2,261 psf.The record-setting sale at 8M Residences was one of two transactions that surpassed the previous peak in the same week. The other was a one-bedroom unit that sold for $2,275 psf. Resale data from EdgeProp Singapore shows that prices at 8M Residences have consistently risen over the last three years, with the average price of units increasing by 7.3%.Completed in 2017, 8M Residences is a 20-storey residential tower with 68 units ranging from one to three bedrooms. It also houses four penthouses. The development is located within walking distance of various amenities, including a pre-school, swimming complex and upcoming MRT station.Another condo that achieved a new psf-price high in the same week was Kovan Jewel, a boutique condo located along Kovan Road in District 19. A three-bedroom unit was sold on Feb 7 for $2,236 psf, edging past the previous peak set in August 2022. Completed last year, the development features units with one to three bedrooms, as well as penthouses. As of Feb 18, 50% of the units at Kovan Jewel have been sold at an average price of $2,111 psf, with the first unit sold this year.A unit at Oleanas Residence, a freehold condo in District 9, also set a new record of $2,207 psf when a three-bedroom unit on the sixth floor was sold on Feb 3. The previous high was set in August 2022 when a similar unit was sold for $2,157 psf. The condo, which was completed in 1999, has recorded just four resale transactions in three years. It is located within walking distance of two MRT stations and various educational institutes.

It is crucial for international investors to be knowledgeable about the laws and limitations surrounding property ownership in Singapore. Unlike landed properties where ownership regulations are more stringent, foreigners are mostly free to purchase condos with few restrictions. However, it is important to note that foreign buyers are required to pay the Additional Buyer’s Stamp Duty (ABSD) at a rate of 20% for their initial property acquisition. Despite this added expense, the stability and potential for growth in the Singapore real estate market remains a significant draw for foreign investment. For those interested in investing in Singapore, it is worth considering properties such as Singapore Condos, which offer promising opportunities for foreign buyers.…

1. Heeton Holdings has announced a significant increase of 221% in earnings for the second half of the financial year FY2024, which ended on Dec 31, 2024, with a profit of $3.85 million. However, for the full year FY2024, the group still recorded a loss.

2. In the second half of the financial year, the earnings per share for Heeton Holdings was 0.79 cents per ordinary share. For the full year, the earnings per share were a negative 0.28 cents per share.

3. The company reported a growth of 10.5% year-on-year in revenue for the second half of the financial year, reaching $41.1 million. For the full year, the revenue increased by 15.2% year-on-year, amounting to $78.2 million.

4. According to the group, the increase in revenue for the second half of the financial year was mainly due to rental income from investment properties, hotel operation income, and management fees. This trend continued for the full year with higher occupancies in the United Kingdom and an increase in rental rates for the group’s investment properties.

Investing in a Singapore Condo offers a variety of advantages, including the opportunity to leverage its value for future investments. Countless investors have utilized their condos as collateral to secure additional financing for new ventures, effectively diversifying their real estate portfolio. While this method has the potential to increase returns, it is not without its risks. It is important for investors to have a solid financial plan in place and carefully consider the potential impact of market fluctuations before pursuing this strategy.

5. In 2024, Heeton Holdings disposed of some of its subsidiaries, including its 70% interest in Gloucester Corinium Avenue Hotel Limited and Ensco 1154 Limited. This resulted in a net gain of $3.78 million.

6. The company’s property, plant, and equipment, which mainly comprise hotel properties, increased by $16.92 million in the full year FY2024. This was mainly due to the acquisition of a hotel in Edinburgh, United Kingdom. However, the appreciation of the Pound Sterling and reversal of impairment changes were offset by the disposal of hotels in Japan and the United Kingdom, as well as depreciation charges.

7. In terms of cash flow, the company experienced a decrease in cash and cash equivalents of $32.70 million, mainly due to significant cash inflows and outflows. This includes proceeds from the disposal of property, plant, and equipment of $26.43 million, and proceeds from disposals of subsidiaries of $11.37 million.

8. On the other hand, cash outflows for the period included a net repayment of loans from associated and joint venture companies of $24.45 million, additions to property, plant, and equipment of $40.36 million, and restricted cash pledge for bank facility of $22.98 million.

9. Given the current uncertainties in the global and local economic environment, Heeton Holdings will maintain a cautious and gradual approach to its strategic expansion.

10. As the hospitality industry continues to face challenges such as high operating costs, labour costs, and interest rates, the company will focus on providing high-quality, experiential stays for its guests as a bespoke boutique brand.

11. Heeton Holdings is also actively participating in land tenders in the local residential market, including government housing schemes. Additionally, its two retail malls are expected to continue generating stable and recurring income for its property investment business.

12. The company has declared a final dividend of 0.5 cents per share for the current financial period.

13. On Feb 20, shares in Heeton Holdings closed at 27 cents, down 1.818% from the previous day’s close.…

During the first phase launch in 2022, the developer offered deferred payment schemes. “We sold 10 units during our soft launch in September 2022,” says Neo. “This year, we started with a deferred payment scheme, and ask for a 20% deposit and 1% a month for the remaining amount.”
Please revise the given article about Singaporean businessman and boutique property developer Que Neo, and his latest project K Suites.

Que Neo is a well-known Singaporean businessman and boutique property developer. He is the founder of Euro Properties and has a special interest in developing residential projects that cater to his own preferences. His newest project, called K Suites, is being developed by his subsidiary company, EG Properties. It is a 19-unit apartment block located on Lorong K Telok Kurau, in the highly coveted East Coast area of District 15. The project is expected to receive its temporary occupation permit (TOP) in the first quarter of 2025.

What makes K Suites stand out is its prime location, offering convenient access to the beach, East Coast Park, shopping malls, the Central Business District (CBD), and Changi Airport. According to Neo, with the East Coast Parkway and Pan-Island Expressway, it takes only 10 minutes to reach the airport and downtown areas.

The scarcity of land is a major contributing factor to the high demand for condos in Singapore. As a small island nation experiencing rapid population growth, Singapore faces the challenge of limited space for development. To address this issue, the government has implemented strict land use policies, creating a competitive real estate market where property prices remain consistently high. As a result, investing in real estate, particularly condos, has become a highly desirable and profitable venture, with the potential for significant capital appreciation. Looking at new Singapore projects has become increasingly popular for those looking to invest in the country’s real estate market.

One of the main selling points of K Suites is its proximity to public transport and popular schools. The nearest bus stop is less than 50 meters away, and from there, it is only two stops to the nearest MRT stations: Marine Parade on the Thomson-East Coast Line (TEL) and Eunos on the East-West Line (EWL). Eunos Station is just one stop from the Paya Lebar Interchange (for the EWL and Circle Line) and five stops from the Bugis Interchange (for the EWL and Downtown Line). Marine Parade Station is also well-connected, with easy access to the Marina Bay Interchange (for the TEL, North-South, and Circle Lines) and Shenton Way in the CBD. The TEL offers direct train access to Orchard Road and Woodlands North, which is also the Rapid Transit System (RTS) Station connecting Singapore to the Bukit Chagar Station in Johor Bahru.

Furthermore, K Suites is just a stone’s throw away from several prestigious schools, including Tao Nan School, Haig Girls’ School, CHIJ (Katong) Primary, Dunman High School, Tanjong Katong Secondary School, and Tanjong Katong Girls’ School.

K Suites has been designed by JGP Architecture, featuring a sleek and contemporary aesthetic with its curtain wall system. The glass exterior allows for plenty of natural light and unobstructed views of the surrounding neighborhood. The units have regular layouts with 3.5m to 4.5m ceiling heights, and the penthouses have a remarkable 7m ceiling height. The apartments do not have any bay windows or wasted corridors, providing more spacious and efficient interiors. They also come complete with top-end German brand fittings, such as Miele kitchen appliances, Duravit sanitaryware, and Grohe bathroom fittings.

Residents of K Suites will have access to a range of facilities, including a swimming pool, Jacuzzi, barbeque pit, lounge area, gym, outdoor fitness area, and playground. The project is set back from the main road, allowing for a grand arrival and drop-off area. There is also a large surface car park with 16 spaces, including two electric vehicle charging stations.

After the preview of K Suites in September 2022, the first phase of 10 units was quickly sold, predominantly to Singaporean buyers, including professionals such as doctors, lawyers, and corporate executives. The second phase is now being released for sale, offering three-bedroom units ranging from 797 to 872 sq ft, and four-bedroom units ranging from 1,076 to 1,130 sq ft. The largest units at K Suites are the five-bedroom penthouses, ranging from 1,625 to 1,679 sq ft, with only one unit remaining for sale. These penthouses have proven to be popular with large families, with one unit already sold to a family with four children, allowing each child to have their own bedroom. The apartments on the ground level, with a 4.5m ceiling height and overlooking the landscaped garden and facilities, are also in high demand among buyers looking to downsize from a house to an apartment.

K Suites is considered the most affordable new freehold project in District 15, and its imminent TOP coupled with the current positive market sentiment has prompted the developer, Euro Properties, to release the remaining units. Prices for three-bedroom units start from $2.058 million ($2,582 psf), four-bedroom units start from $2.525 million ($2,347 psf), and the sole five-bedroom penthouse is tagged at $3.5 million ($2,154 psf).

In recent years, boutique developments have become increasingly popular, offering exclusivity, tranquility, and low-density living. In a study of selected boutique developments in District 15, Huttons Data Analytics found that prices have appreciated by over 100% since their launch. For instance, Malvern Springs, launched in January 2002, has seen units changing hands at prices that are 234.2% higher. Additionally, in the past five years, monthly median rents at boutique condos in Telok Kurau and Joo Chiat have risen by 76.5%.

Given its prime location, luxurious fittings, and efficient layouts, K Suites is expected to appeal to both homeowners and investors. During the project’s first phase launch in 2022, the developer offered a deferred payment plan, which proved to be popular among buyers. With the project’s TOP nearing, now is the perfect time for buyers to invest in this highly coveted District 15 development.…

Copywriting Proposal:Savills Singapore reports that private housing rents have experienced a modest rebound in the last quarter of 2024. However, landlords should anticipate flat rental growth in the upcoming year. The market report highlights the underwhelming performance of the non-landed private residential sector in the first three quarters of 2024, which led to a 1.7% decline in rents for the entirety of the year – the first decline in full-year rental since 2020. In the fourth quarter, there were 19,733 leasing transactions, marking a 24.2% drop from the previous quarter. This decrease can be attributed to a decrease in net new rental demand from a decline in employment pass and S pass holders, as well as a seasonal lull in rental activity towards the end of the year. The report also states that the majority of this decline in leasing activity can be seen in the decrease of rental contracts for landed homes islandwide, with a 30.8% drop from the previous quarter. Similarly, leasing volumes for apartments and condos also saw a 23.7% decrease over the same period. Despite this decrease in leasing activity, Savills Singapore notes that there is still some growth in rental demand and that rents in the private residential market have stabilized. The report also highlights that more affordable rents can be found in suburban areas, enabling tenants to prioritize lifestyle options such as more spacious units, connectivity to MRT stations, malls, and recreational activities. Rental data collected by Savills reveals that Parc Esta, a 1,399-unit development in District 14, recorded the highest number of condo leasing deals in the fourth quarter of 2024 at 163 rental transactions, with a median rent of $6.84 psf per month. Other developments that saw a high number of rental transactions include Marina One Residences, The Sail @ Marina Bay, Normanton Park, and D’Leedon. In terms of rental price growth, the Outside Central Region (OCR) saw average rents decline by 0.8% q-o-q, while the Core Central Region (CCR) and Rest of Central Region (RCR) saw growth of 0.9% q-o-q and 0.3% q-o-q, respectively. Savills attributes the decline in rent prices in the OCR to more tenants shifting to central locations with relatively reasonable rents. The report also notes that based on a basket of luxury properties tracked by Savills, the average monthly rent of high-end condos increased by 1.7% q-o-q in the fourth quarter of 2024 to $5.85 psf pm. This suggests a potential rebound in the luxury rental market after five consecutive quarters of decline. However, Savills predicts that landlords will face challenges in the rental market this upcoming year as companies continue to reduce headcounts and hire fewer expatriates. In addition, landlords will also face higher property taxes for non-owner-occupied residential properties and increased conservancy charges due to upward inflationary pressures. Despite these challenges, Savills notes that the tight supply of large luxury properties on the rental market may help resist “underpriced” rental offers. However, Savills’ executive director of research and consultancy, Alan Cheong, believes that the rental market will face difficulties in 2025 due to the widespread adoption of AI and companies continuing to reduce the hiring of white-collar professionals. This may result in a decrease in the pool of expat tenants in Singapore. In terms of the rental market, Cheong predicts that there may be fewer new completions of private homes in 2025, and higher property taxes on investment properties will discourage landlords from accepting “low ball” rental rates. He also expects interest rates to take longer to fall, resulting in mortgage payments remaining at current levels for a longer period.

Investing in property in Singapore as a foreigner requires a thorough understanding of the regulations and limitations in place. While condos are generally open for purchase by foreigners, restrictions are tighter for landed properties. Nevertheless, the appeal of Singapore’s real estate market, with its stability and potential for growth, continues to attract foreign investors. However, it’s important to note that foreign buyers are subject to the Additional Buyer’s Stamp Duty (ABSD) of 20% for their first property purchase. Despite this extra cost, Singapore Projects remain a popular option for foreign investment.…

CBRE, a leading property services company, is excited to announce that they are the exclusive marketing agent for the sale of Hotel Clover at 7 Hongkong Street, a 27-room boutique hotel with a guide price of $27 million. The company is also responsible for marketing the sale of a commercial building at 36 Hongkong Street, which has a guide price of $22.6 million.

Hotel Clover is a unique six-storey hotel sitting on a 1,701 sq ft plot of land, with a zoning of “hotel” and a plot ratio of 4.2 as per the latest Master Plan. The property, which has a 99-year leasehold, still has around 89 years left on its land tenure. With a total floor area of 7,142 sq ft, the guide price translates to $3,780 psf on the floor area.

Similarly, the commercial building at 36 Hongkong Street is a five-storey property sitting on a 1,733 sq ft plot with a zoning of “commercial” and a plot ratio of 4.2 as per the Master Plan. The 99-year leasehold property has a remaining land tenure of 93 years, and a total floor area of 7,279 sq ft. The guide price for this property is $3,105 psf.

What makes both of these properties stand out is their relatively attractive remaining land tenures compared to other 99-year leasehold properties in the CBD area. This makes them ideal for owner-occupiers looking for a flagship asset at a reasonable price with naming rights for their exclusive operations. According to Clemence Lee, executive director of capital markets at CBRE Singapore, the properties present excellent potential for future rental upsides and capital appreciation in the medium to long term.

Foreign buyers and companies are eligible to purchase both assets without incurring Additional Buyer’s Stamp Duty (ABSD) or Seller’s Stamp Duty (SSD) on the transactions, as they are hotel and commercial properties.

Both properties are located in Clarke Quay, a vibrant riverfront lifestyle precinct with a range of restaurants, bars, boutique hotels, and fitness studios. They are also in close proximity to Clarke Quay MRT station on the North-East Line. The area is set to become even more vibrant with the completion of a $62 million asset enhancement project at nearby CQ@Clarke Quay, and the upcoming completion of two new integrated developments, Canninghill Piers and Union Square.

The sales of both properties will be conducted through an expression of interest exercise, which closes on March 26. For those interested, CBRE encourages you to act quickly to seize this opportunity.

When assessing the potential of investing in a Singapore Condo, it is essential to also take into account the rental yield. This refers to the yearly rental income as a percentage of the property’s buying price. The rental yield for condos in Singapore can vary greatly, based on factors including location, property condition, and market demand. To gain a comprehensive understanding of a particular condo’s rental potential, it is imperative to conduct thorough market research and seek guidance from reputable real estate agents. Generally, areas with high rental demand, such as those near business districts or educational institutions, tend to offer higher rental yields. Therefore, if you are contemplating investing in a Singapore Condo, it is crucial to carefully evaluate the rental yield in order to make a well-informed decision.…

MCL Land and CSC Land to open showflat for Elta on Feb 7Get the latest information on ELTA units hereThe prospect of new cooling measures, the release of new homes from government land sale (GLS) sites and the launch of Build-To-Order (BTO) flats, as well as potential announcements from Budget 2025, were hot topics of discussion at EdgeProp Singapore’s Property Market Outlook event, held on Sunday, Feb 16. The panel, moderated by EdgeProp Singapore CEO Bernard Tong, consisted of three industry experts: Savills Singapore’s executive director of research and consultancy, Alan Cheong; Cushman & Wakefield’s head of research for Singapore and Southeast Asia, Wong Xian Yang; and CGS International’s economic advisor for Singapore, Song Seng Wun.The event, organised by EdgeProp Singapore, took place at the sales gallery of Elta, a 501-unit development jointly developed by MCL Land and CSC Land Group. The public preview of the sales gallery began on Feb 7, giving interested buyers a chance to explore the project’s available units and prices.In January, the government made clear that it was open to implementing further cooling measures and that it was not yet time to roll back existing measures. Last month, developers sold 1,083 new private residential units (excluding executive condominiums), a 256% increase compared to the same period last year.If new cooling measures are to be implemented, it is likely that the government will choose an intervention that will apply evenly across the residential market, according to Cheong. The panelists also speculated that new measures could target the HDB resale market.The HDB resale market serves as a “floor” for the housing market in Singapore, and a rise in price growth could exert upward pressure on prices in the private housing segment, according to Wong. He is of the opinion that the government may consider adjusting the seller’s stamp duty (SSD) and introducing tougher loan restrictions.Tong, on the other hand, pointed out that the government is planning to inject a significant amount of GLS and BTO supply into the market to meet housing demand. The 1H2025 GLS program includes ten sites on the Confirmed List, which could yield 5,000 new homes, and HDB is expected to offer 19,600 BTO flats in 2025.Under the new BTO classification, newly launched Prime and Plus BTO flats will take about 14 years to enter the resale market, and the impact of these developments on prices will only be felt much later on, according to Cheong. Wong adds that prices in the resale market tend to follow project completions and HDB estates completing their Minimum Occupation Period (MOP) rather than the pipeline of GLS sites up for tender each year. “In terms of prices, project completions, rather than GLS supply, are more likely to affect prices,” says Wong.Despite this, all three panelists note that the recent successes in the new launch market indicate strong buyer confidence in projects launching this year. Elta drew around 4,500 visitors during its first three days of being open to the public. Other new launches so far this year include The Orie and Bagnall Haus, which saw strong selling rates of 86% and 63% at launch, respectively.Read also: Budget 2025: Over 50,000 new HDB flats to be launched in the next three yearsSong of CGS believes that potential buyers of new projects are still confident that they can make a profit when they eventually sell their properties. He attributes this to a stronger job market, as higher-paying jobs have increased property owners’ confidence to upgrade.The panel also discussed Budget 2025 and its potential impact on the property market for this year.Song noted that Singapore has seen relatively strong economic recovery despite the Covid-19 pandemic-induced recession. With 2025 being an election year, he believes that Singaporeans can expect more handouts funded by government surpluses, which have been aided by healthy government revenue collections over the past three years.The panelists also took questions from the audience. Some participants questioned whether the residential property market is currently in a “euphoric” phase.Cheong commented that the feeling of market exuberance is likely to subside as developers strategically time the launch of new projects. He says that several launch-ready projects are in neighborhoods that have not seen a new launch in several years. “If a specific location does not see a new launch in around five or six years, demand tends to build up over that time,” he says.Some investors asked the panelists for their opinions on the rental market for this year, which has slowed down since reaching its peak two years ago. Market data indicates that the total number of expatriates in Singapore has declined in the past year; however, 2024 saw an increase in rental transactions, according to Cheong.Read also: February 2025 BTO: Fewer available flats compared to October BTOHe also notes that falling rents have likely encouraged some renters to stop sharing flats and find their own accommodations. However, this is offset by layoffs among technology and finance companies this year, which could moderate rental price growth this year.During the event, Bernard Tong also gave a presentation on EdgeProp’s Master Plan Master Class, covering upcoming transformation plans in Clementi and Jurong East.He noted that with the completion of the second phase of the Cross Island Line (CRL), Clementi will have a new MRT station (West Coast) and the existing Clementi station will become an interchange. “Historically, MRT interchanges tend to have a positive impact on surrounding property prices,” says Tong.Transformation plans in Clementi include the redevelopment of Clementi Stadium and the installation of more than 6.6km of cycling paths throughout the area. Housing demand in Clementi is also expected to rise due to the progressive development of the Jurong Lake District, new jobs created in the nearby Tuas megaport, Tuas Biomedical Park, Jurong Island, and Jurong Innovation District.Data compiled by EdgeProp Singapore shows that the average age of existing condos in Clementi is about 17 years. Tong observes that recent new projects in Clementi have seen strong capital gains over the years. This includes Clavon (24% increase since launch) and The Clement Canopy (43% price growth since launch) – both projects are located next to Elta.The data is from EdgeProp Singapore’s suite of property tools, which can help owners, buyers, and sellers better understand market and price trends, such as HDB resale prices, analytics of profitable transactions, and upcoming GLS sites. Interested parties can check out Elta properties and their latest listings through EdgeProp’s platform, Ask Buddy.

Investing in a Singapore condo offers numerous benefits, with one of the most prominent being the potential for capital appreciation. The country’s advantageous location as a global business hub, combined with its robust economic foundation, has resulted in a consistent demand for real estate. As a result, property prices in Singapore have consistently risen over the years, particularly for condos located in prime areas. Savvy investors who strategically enter the market and hold onto their properties for an extended period can enjoy considerable capital gains. Looking to invest in a Singapore condo? Check out Singapore Condo for more information.…

According to a press release on February 19th, The Collective, a high-end brand operated by JustCo, has officially launched its first flagship co-working space in Tokyo.

Spanning 24,000 square feet, the co-working space is located in GranTokyo South Tower, a 42-story building in the Marunouchi district of Chiyoda City. Conveniently situated near Tokyo Station, which offers easy access to Narita and Haneda airports, The Collective is a tribute to the elegance and warmth of a luxurious journey, as stated by the group.

The cityscape of Singapore boasts an impressive display of towering structures and contemporary facilities. Condominiums, strategically situated in desirable locations, offer a harmonious mix of opulence and practicality that appeals to both locals and foreigners. These properties are designed with various amenities in mind, including swimming pools, fitness centers, and top-notch security services, all of which elevate the overall living experience and make them alluring to potential renters and buyers. For investors, these desirable features also result in higher rental returns and the potential for appreciation in property value over time. Consider checking out Singapore Projects for more information.

The space features a hot desk area and meeting rooms, as well as private suites with 24/7 secured access. For larger teams, there are also enterprise suites with exclusive entrance features and personalized workspace designs. Each workspace is furnished with the highest quality Herman Miller Aeron chairs and Benel adjustable desks.

One of the standout features of The Collective is its TWG Tea Bar, which offers refreshments throughout the day. There is also a “wellness sanctuary” where members can take breaks and relax between work sessions. With these amenities, The Collective aims to provide a productive and comfortable workspace for its members.

In addition to the Tokyo location, The Collective also offers a second location in Australia, operated by their sister company, The Great Room. With its debut in Tokyo, The Collective continues to expand its presence globally, providing luxurious co-working spaces for individuals and businesses alike.…

Located in District 20, 43 Jalan Pemimpin, CT Pemimpin is a freehold B1 industrial factory project developed by Chiu Teng Group. With its premium location in the Central Region, this project offers easy accessibility and serves as a rare permanent investment option for property investors. This project is a testament to Chiu Teng Group’s dedication to developing high-quality commercial and industrial spaces in Singapore.

Chiu Teng Group, a renowned property developer in Singapore, has recently launched its latest B1 industrial factory project, CT Pemimpin. This freehold development is situated at 43 Jalan Pemimpin in the Central Region, making it the perfect choice for companies seeking a well-located site with excellent accessibility and property investors looking for a rare permanent investment option.

Featuring sustainable features and communal facilities, CT Pemimpin is a nine-storey, partial ramp-up factory that boasts two rooftop pavilions for outdoor gatherings, rooftop solar panels, two passenger lifts, and a service lift. It comprises 56 strata-titled units and three canteen units, with varying floor heights and individual units equipped with toilets for convenience and privacy.

CT Pemimpin also offers a generous one-to-one carpark ratio with 59 carpark lots, including two electric vehicle (EV) lots, and two loading and unloading bays, catering to rigid-frame vehicles. The project’s strategic location in District 20 adds to its appeal, particularly for property investors and end-users seeking sleek and modern industrial spaces close to public transport and major expressways.

According to Marcus Chu, CEO of ERA Singapore, CT Pemimpin will attract both investors and end-users due to its freehold status and the absence of Additional Buyer’s Stamp Duty (ABSD) on industrial properties, providing risk diversification. Moreover, as a rare centrally located industrial development for sale, its scarcity will significantly contribute to its appeal.

Ken Low, SRI managing partner, adds that CT Pemimpin’s sleek modern facade and central location will appeal to a wider group of investors and end-users, especially young entrepreneurs and their staff. With easy access to Marymount and Bishan MRT stations, as well as various amenities and reputable schools, this freehold development will be highly sought after. Unlike most industrial developments with a 30-year or 60-year lease, CT Pemimpin’s freehold status makes it a rare find and a valuable asset for investors.

CT Pemimpin’s strategic location offers unparalleled connectivity, with easy access to all parts of Singapore via public and private transport. Its proximity to major expressways such as PIE and CTE, along with the future completion of the North-South Corridor in phases from 2027, will further reduce travelling time from the north into the city.

The project is also near bustling townships such as Bishan, Upper Thomson, and Ang Mo Kio, offering a variety of retail and dining options at shopping havens like Junction 8, Thomson Plaza, and AMK Hub. Parents will appreciate the convenient location near reputable schools such as Raffles Institution, Catholic High School, and Eunoia Junior College.

Investing in a condo offers numerous advantages, one of them being the potential to leverage its value for future investments. A common practice among investors is to use their condos as a form of collateral to secure financing for other ventures. This not only allows them to diversify their real estate portfolio, but also has the potential to increase their returns. However, it is important to note that this strategy also involves risks and must be approached with caution. It is crucial to have a solid financial plan in place and carefully consider the potential impact of market fluctuations. With the addition of Singapore Projects, this approach can open up even more opportunities for investors.

Founded in 1999, Chiu Teng Group has established itself as a reliable property developer and builder, with a large portfolio of well-received industrial and residential projects. With the preview of CT Pemimpin starting on February 21, 2025, this is an excellent opportunity for property investors and end-users to secure a rare freehold industrial space. Visit the Chiu Teng Group’s website or call 8100 8017 to arrange a viewing today.…

Lentor Central Residences, a new residential development consisting of 477 units, will showcase its sales gallery on February 21 and is expected to hit the market on March 8. This latest launch is the sixth project at Lentor Hills, jointly developed by Hong Leong Holdings, GuocoLand and CSC Land.

Comprising of two high-rise blocks, one 27-storey and one 28-storey, Lentor Central Residences offers a variety of units ranging from one- to four-bedrooms, with sizes between 463 sq ft to 1,399 sq ft.

Interested buyers can get more information on available units and prices for Lentor Central Residences. According to the developers, one-bedroom units will start from $975,000 ($2,110 psf), while two-bedroom units will start at $1.38 million ($2,050 psf). Three-bedroom units will be priced from $1.81 million ($1,984 psf) and four-bedroom units will start from $2.37 million ($2,000 psf).

The project boasts impressive amenities such as a 50-metre infinity edge pool, a 25-metre lap pool and leisure pools, showcased in an aerial view of the landscaped decks. Betsy Chng, head of sales and marketing at Hong Leong Holdings, emphasizes the development’s convenience with its close proximity to Lentor MRT Station and the upcoming Thomson-East Coast Line, making it easy for residents to commute to the city center.

Moreover, being situated near retail and dining options at Lentor Modern, Thomson Plaza and eateries along Upper Thomson Road and the Springleaf estate, residents can enjoy a variety of nearby amenities. Chng believes that the area of Lentor Hills is set for significant growth, making it a highly sought-after location for homebuyers. She adds, “We are proud to be a part of this vision of providing premium homes at affordable prices, where units are sold by liveable space.”

Lentor Central Residences also offers family-friendly amenities such as a childcare center and children’s playground, in addition to a resident’s clubhouse, gym, yoga room, and tennis court. Interested buyers can visit the sales gallery on Lentor Hills Road. For more information, check out the latest listings for Lentor Central Residences properties.

In conclusion, the benefits of investing in a condo in Singapore are plentiful, making it a highly desirable option for investors. With its strong demand, potential for value appreciation and attractive rental returns, a condo in Singapore can be a lucrative investment. However, it is crucial to carefully consider various factors before making a decision, such as the location, financing options, government regulations, and market conditions. By conducting in-depth research and seeking guidance from experts, investors can make well-informed choices and maximize their returns in Singapore’s ever-evolving real estate market. Whether you are a local investor seeking portfolio diversification or a foreign buyer looking for a stable and profitable investment, the condos in Singapore, including Singapore Projects, offer an enticing opportunity for growth and success.…

Singapore Realtors Inc (SRI) and Redbrick Mortgage Advisory have signed a memorandum of understanding (MOU) to further enhance the abilities of SRI agents. This partnership will see Redbrick providing advanced mortgage strategy training to SRI agents, allowing them to better support homebuyers in their financing decisions.

Investing in a condominium in Singapore can bring about a multitude of benefits for individuals looking to enter the real estate market. These include high demand, potential for capital appreciation, and attractive rental yields. However, before making any investment decisions, it is crucial to carefully consider various factors such as location, financing options, government regulations, and current market conditions. By conducting thorough research and seeking professional advice, investors can make well-informed choices and maximize their returns in Singapore’s ever-evolving real estate landscape. Additionally, with the continuous launch of new condo projects like Ginestar Fruits, there is always an opportunity to invest in this dynamic market. Whether you are a local investor looking to diversify your portfolio or a foreign buyer seeking a stable and profitable investment, Singapore’s condominiums present a highly compelling opportunity.

According to Eugene Huang, CEO of Redbrick, this collaboration will enable SRI agents to become knowledgeable advisors who can offer personalized financing solutions to their clients. This will ensure that homebuyers are making well-informed decisions regarding their mortgage options.

In addition, Redbrick will also provide SRI agents with real-time mortgage rate information from more than 15 financial institutions. This information will be regularly updated to reflect any changes in the market. This will enable SRI agents to quickly and efficiently share the latest financing options with their clients.

Thomas Tan, CEO of SRI, believes that this partnership will greatly benefit SRI agents and their clients. With Redbrick’s expertise and access to real-time data, SRI agents will be able to offer their clients the most up-to-date financing options in a timely manner. This will enhance the overall home buying experience for clients and strengthen SRI’s position as a leading real estate agency in Singapore.

The collaboration between SRI and Redbrick is a testament to their commitment in providing the best possible service to their clients. With this new partnership, homebuyers can expect to receive expert advice and support from SRI agents in their journey towards homeownership.…