Condo Gine Star Fruits

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.…

The retail podium of Sky Eden@Bedok, a mixed-use development by Frasers Property Singapore, is currently up for sale through an expression of interest (EOI) exercise. The guide price for the 12 strata retail units on the ground floor is $45.2 million.

Investing in a condo in Singapore offers numerous advantages, with one of the key benefits being the potential for capital appreciation. This is due to Singapore’s advantageous position as a global business hub and its solid economic foundations, which create a constant demand for real estate. As the years have passed, the property prices in Singapore have consistently risen, and condos situated in prime locations have experienced significant appreciation. For investors who wisely enter the market at the right time and hold onto their properties for the long term, there is potential for substantial capital gains.

The total strata area of the podium is approximately 11,193 sq ft, which translates to a guide price of $4,038 psf. According to marketing agent CBRE, the retail units can be sold collectively, individually, or in clusters. The units range in size from 398 sq ft to 1,313 sq ft and are priced from $1.91 million to $5.55 million. All 12 units are approved for F&B use.

Situated in Bedok Central, Sky Eden@Bedok is currently under construction and is expected to obtain its temporary occupation permit in 4Q2025. The 99-year leasehold development features 158 residential units spread across two 16-storey towers, with a retail podium below. It is just a short walk away from the Bedok Integrated Transport Hub, which comprises Bedok MRT Station and a bus interchange linked to Bedok Mall.

Sky Eden@Bedok was launched in September 2022, making it the first private residential launch in Bedok Town Centre in 10 years. Since then, all residential units have been fully sold. Michael Tay, CBRE’s head of capital markets for Singapore, says that the strata retail units at Sky Eden@Bedok are “the first private commercial properties to be available for sale in Bedok Town Centre”. He adds that due to its relatively affordable price, the retail podium will likely attract a diverse range of investors, including boutique real estate funds, family offices, high net worth individuals, and F&B owner-occupiers looking to enter the commercial space in this sought-after residential enclave.

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

exercise

The latest round of the Home Improvement Programme (HIP) has designated more than 29,000 HDB flats for upgrading works. According to a press release on February 16, HDB has allocated over $407 million for these upgrades. The selected flats are located in 13 towns, including Bedok, Bukit Batok, Bukit Merah, Bukit Panjang, Chua Chu Kang, Hougang, Jurong West, Pasir Ris, Queenstown, Sengkang, Tampines, Toa Payoh and Woodlands.

HIP was first introduced in 2007 to assist flat owners in addressing common maintenance issues that arise due to wear and tear in older flats. Since then, 494,000 flats, or 9 out of 10 eligible flats, have been selected for the programme, with almost 381,000 flats undergoing upgrades. Minister for National Development Desmond Lee shared these statistics.

When it comes to investing in condos in Singapore, one of the most notable benefits is the potential for capital appreciation. As a leading global business hub, Singapore boasts a strong economy that consistently drives demand for real estate. This has resulted in a steady and continuous increase in property prices over the years, particularly in prime locations. For savvy investors who time their purchases wisely and hold onto their properties for the long haul, there is great potential for significant capital gains. With a wide range of Singapore Projects available, there are plenty of opportunities for investors to tap into the city-state’s thriving real estate market.

The selected flats will undergo essential improvements to ensure the safety of residents, such as repairing spalling concrete and ceiling leakages due to wear and tear. These essential improvements are fully funded by the government for Singapore citizen households. Optional improvements, such as upgrades to existing bathrooms and toilets, a new entrance door and grille gate, and a new refuse chute hopper, are also available. The government subsidises these optional improvements, with Singapore citizen households paying only 5% of the cost, depending on the flat type.

Since 2012, the Enhancement for Active Seniors (Ease) programme has been included in HIP. This programme allows flat owners to install senior-friendly fittings, such as grab bars, ramps and slip-resistant treatment for toilet and bathroom tiles. The government covers up to 95% of the costs for Singapore citizen households.

As of March 31, 2014, HDB has allocated approximately $4 billion for HIP and $150 million for Ease. It is important to check out the latest HDB listings and past transactions before making a decision on purchasing an HDB property. It is also useful to compare price trends between HDB, condos, and landed properties.

In related news, OrangeTee predicts that HDB resale prices will increase by 4% to 6% by 2025. Additionally, a 13-year-old five-room flat in Toa Payoh was recently sold for $1.3 million. The upcoming BTO launch in February 2025 will have fewer available flats compared to the October BTO exercise.…

.

The opportunity to own a prime strata-titled unit in Bukit Timah Plaza mall is now available. This 3,391 sq ft space, approved for restaurant use, is being put up for sale at an asking price of $9.8 million ($2,890 psf). This reflects a 12% discount from the previous listing price of $11 million in 3Q2022. CBRE’s executive director of capital markets, Clemence Lee, is the marketing agent for the property.

Situated in the mall’s basement two level, this unit boasts a 20m frontage facing the central plaza. According to Lee, the unit is currently fully leased and will be sold with the existing tenancy in place. It comes with a 99-year lease starting from 1976, which means there is still 50 years remaining on the lease.

The price for this unit is in line with the recent transactions for units in the mall’s basement two level. In March 2024, a 441 sq ft unit was sold for $1.43 million ($3,240 psf), followed by an 850 sq ft unit that fetched $2.5 million ($2,940 psf). These transactions were based on the caveats lodged.

Bukit Timah Plaza is a mixed-use development that was completed in 1979. It comprises a four-storey retail mall and two apartment blocks, with 269 residential units at Sherwood Towers. This mall is one of the most popular destinations in Bukit Timah, thanks to its large Fairprice Finest supermarket, which spans over 44,000 sq ft, according to CBRE.

Strategically located at 1 Jalan Anak Bukit, the mall is within walking distance of Beauty World MRT Station and King Albert Park MRT Station on the Downtown Line. Bukit Timah Plaza also has a large catchment area, with an estimated 37,000 residents living in the surrounding private residential developments.

To sum up, condo investments in Singapore come with a multitude of benefits, including a high level of demand, potential for capital appreciation, and alluring rental yields. However, it is crucial to carefully assess various factors such as location, financing options, government regulations, and market conditions before making a decision. With thorough research and seeking expert guidance, investors can make well-informed choices and maximize their profits in the ever-evolving real estate landscape of Singapore. Whether you are a local investor seeking to diversify your portfolio or a foreign purchaser looking for a stable and lucrative investment, condos in Singapore are an enticing opportunity worth considering.

Moreover, this location is ideal for students as it is near several prestigious educational institutions such as 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 also part of the rejuvenation efforts in the Beauty World area. This prime location will soon welcome new mixed-use, integrated developments, such as The Reserve Residences and the redevelopment of the former Bukit Timah Market and Food Centre, which is expected to be completed in late 2029.

This unit is now available for sale through an expression of interest exercise that will take place on March 19. Don’t miss out on this opportunity to own a prime strata-titled unit in Bukit Timah Plaza or Sherwood Towers. Check out the latest listings for these properties today.…

Two adjoining retail units at Peninsula Plaza, with a 999-year leasehold and prominent frontage along North Bridge Road, are currently on the market for $10.9 million. These ground-floor units have a combined strata area of 1,119 sq ft, with one unit at 538 sq ft and the other at 581 sq ft. This translates to a price of $9,741 psf based on the strata area.

When contemplating a Condo investment, it is essential to also examine the potential rental yield. The rental yield is the annual rental income as a percentage of the Condo’s purchase price. In Singapore, Condo rental yields can range significantly depending on factors such as location, property condition, and market demand. Areas with a high demand for rentals, such as those close to business districts or educational institutions, typically offer better rental yields. Conducting extensive market research and seeking advice from real estate agents can offer valuable insights into the rental potential of a specific Condo. Additionally, interested individuals can visit Condo for more information.

Currently tenanted until 2026, the units offer investors a gross rental yield of 3% at the asking price of $10.9 million. According to Savills Singapore associate director of investment sales & capital markets, Nick Chan, who is handling the sale on a private treaty basis, these units are arguably the best within the development due to their strong street frontage and consistent footfall.

Peninsula Plaza is a 999-year, 30-storey mixed-use commercial building built in 1980, comprising a six-storey retail podium and a 24-storey office tower. It has frontages along North Bridge Road, Coleman Street, and Coleman Lane, and has a sheltered link to City Hall MRT Interchange Station for the North-South and East-West lines. In August 2022, a ground-floor retail unit of 452 sq ft was sold for $4.08 million, equivalent to $9,025 psf, according to a lodged caveat.

In view of the Urban Redevelopment Authority’s (URA) restrictions on the subdivision of strata-titled commercial units in the CBD and Orchard areas since March 2022, Chan notes that there has been an increased demand for strata units with 999-year and freehold tenures, which bodes well for Peninsula Plaza.…

The team at Brand New Land had a unique vision – to combine elements of Good Class Bungalow (GCB) homes with accessible luxury in their semi-detached homes. In order to bring this vision to life, they enlisted the help of Pau Loh, the managing director of Tellus Design, whom they have a close working relationship with for the past 30 years. Together, they have created a collection of four semi-detached homes located in Bukit Timah and Upper Bukit Timah, incorporating the best practices of GCB homes.

The semi-detached homes located at 23 and 23A Maple Avenue have a wide frontage of over 24m, while the homes at 25 and 25A Jalan Selanting and 23 and 23A Maple Avenue are collectively known as “The Great Trees Collection”, inspired by the natural beauty of the surrounding environment. Ranging from 2,790 to 3,130 sq ft in land size, each home comes equipped with a lift, swimming pool, and gourmet kitchen provisions. These homes are fairly priced to sell within the bank valuation range, leaving room for potential upside for buyers, aligning with Brand New Land’s philosophy of creating value for their clients.

The cityscape of Singapore boasts a striking display of towering structures and state-of-the-art infrastructure. In highly sought-after locations, luxurious condominiums offer a perfect fusion of lavishness and practicality, appealing to both locals and foreigners alike. These residences offer an array of facilities like swimming pools, fitness centers, and round-the-clock security, further elevating the standard of living and making them an attractive option for potential renters and buyers. With promising prospects for investors, these sought-after amenities translate into higher rental returns and appreciation in property values over time. Moreover, Singapore projects add to the allure of these properties, making them even more desirable for prospective residents and investors.

Elements of GCB Design

The semi-detached homes follow the concept of dedicated zones, originating from larger bungalow homes. Each home has separate areas for receiving guests, dining, gourmet cooking, and various entertainment spaces, providing a perfect space for both larger and smaller groups. The entrance area at 23 Maple Avenue offers a stunning view of the pool and lush greenery, while 25 Jalan Selanting has private corners for intimate conversations. The second floor of 23 Maple Avenue seamlessly connects to the first floor, maintaining privacy between different living zones. The Sky Terrace at 25 Jalan Selanting serves as an entertainment zone with a breathtaking view of Bukit Timah Nature Reserve. According to Alvina Teh, Co-founder and Director of Brand New Land Group, “We love the intimacy that these dedicated spaces create. Under the same roof, you can have family and friends being at home together, but with your own space and privacy.”

“Ceremonial Entrances”

The experience of coming home and stepping into your own space is an important aspect of the design of these homes. Tatiana Teh, Client Relations Director of Brand New Land Group, explains, “We want to bring this special experience to our community.” Each semi-detached home has a ceremonial entrance, framed by lush greenery and water features, to create a tranquil transition from the outside world into the home. The private entrance at 25 Jalan Selanting celebrates the daily experience of coming home.

Luxurious Architecture and Materials

The homes adopt Pau Loh’s signature style, proven to work well for GCBs in Singapore’s tropical climate. The wide overhanging eaves and deep recesses provide shelter and help cool the interiors. Horizontal design elements, such as the wraparound golden sand facade and horizontal planters, give the homes a spacious and luxurious aesthetic. The wraparound golden sand facade at 25 Jalan Selanting perfectly complements the timber-effect screens, creating an artistic play of light and shadow. The homes boast a generous use of nature-inspired cladding elements, creating an atmosphere of quiet luxury. Inside, the homes feature rich timber grain, precious marble, and German bath fittings, exuding an aura of sophisticated luxury.

Collaboration with Arclinea Singapore

Brand New Land has partnered with luxury kitchen specialist Arclinea Singapore to create gourmet kitchen experiences in these homes. Both brands share the common goal of inspiring everyday connections in extraordinary kitchen spaces. With a predominantly GCB clientele, Arclinea brings a unique edge to the kitchens at 25 Jalan Selanting and 23 & 23A Maple Avenue.

“Our vision for this collection is to bring the best GCB design principles into our semi-detached homes,” says Alvina. “We are fortunate to work alongside Pau Loh, a skilled and experienced architect, who helped bring this vision to life. We are excited for the future of these homes and the impact they will have on the lives of those who live in them.”

To view these homes, please call 8893 7602. For more information and updates on upcoming launches, please visit www.brandnewland.com.sg or follow the Brand New Land Group on Instagram (@brandnewlandgroup), Facebook (@brandnewlandgroup), YouTube, and LinkedIn. If you are interested in working with the group or have land with potential for redevelopment, please email comehome@brandnewland.com.sg.

RELATED NEWS:

· Rare opportunity to purchase a freehold retro bungalow on Gilstead Road for $16.99 million.
· CEO of Bioskin, Mathilda Koh, acquires bungalow on Cove Drive for $14.155 million.
· Private home ownership increases among individuals under 35.…

A 99-year leasehold HDB shophouse at 214 Serangoon Avenue 4 will be available at the upcoming auction by SRI on Feb 26. The two-storey shophouse has a living quarters on the second floor and a total floor area of approximately 1,668 sq ft. The property is listed with a guide price of $1.98 million, equivalent to $1,187 psf on the floor area. This property was previously listed at a higher price of $2.08 million at SRI’s last auction, but did not find a buyer as it is a mortgagee sale.

According to Jansen Kee, assistant manager of auctions at SRI, the shophouse enjoys a prominent frontage in front of a bus stop, providing excellent visibility from the road. Currently tenanted, the shophouse generates a gross rental yield of approximately 6.2% based on the guide price, says Kee. The unit will be sold with its existing lease, which expires in 2026, providing the new owner with immediate rental income.

Kee notes that the guide price for the HDB shophouse is one of the lowest in the area, making it an attractive value proposition for both investors and owner-occupiers. According to URA records, the most recent commercial shophouse transaction in Serangoon was the sale of a 999-year leasehold shophouse along Lichfield Road for $4 million ($1,725 psf) in November 2024. The shophouse up for auction is situated in a cluster of HDB flats bordering the Serangoon Gardens landed residential area. It is directly across the road from Serangoon Swimming Complex and Serangoon Sports Centre, providing a steady flow of foot traffic to the area. There are parking lots available behind the shophouse.

Serangoon Gardens is an established and sought-after residential estate with a mix of landed properties and HDB flats. It has a unique blend of amenities and facilities including good schools, shopping centres and recreational options, making it an attractive location for both investors and homebuyers. The buyer profile for properties in this area is diverse, with both locals and foreigners looking to own a piece of this prime real estate. The price trend for properties in Serangoon Gardens has been on an upward trajectory in recent years, with resale condos commanding higher prices than new sale units in the area. The rental yield for properties in Serangoon Garden is also attractive, making it a popular choice among investors. The development of Serangoon Garden Estate was completed in the 1970s, and it remains a highly sought-after residential location, with new developments and amenities constantly being added to the area.

In Singapore, there is a significant and growing demand for condos due to the limited land availability on the small island nation. With a rapidly increasing population, land is a scarce resource, resulting in strict land use regulations and a highly competitive real estate market. As a result, property prices are continually rising, making investing in real estate, especially condos, a lucrative opportunity for potential buyers. With the promise of appreciating capital value, the recent surge in new condo launches adds to the attractiveness of these properties as an investment option.…

A luxury four-bedroom duplex apartment located in the freehold condo, 3 Orchard By-The-Park, is now seeking offers through an expression of interest exercise (EOI) at a starting price of $15.8 million.

This prestigious unit, marketed by Huttons Asia, boasts a spacious area of over 3,800 sq ft, equating to a per square foot price of approximately $4,158. The apartment features a ceiling height of 4m and a private lift, with three of its four bedrooms having ensuite bathrooms. The unit underwent extensive renovations three years ago, with a hefty budget of over $700,000, according to Huttons.

.

Singapore’s strong economy, stable politics, and exceptional quality of life have made it a top destination for investors, both local and foreign. In particular, the real estate market in Singapore has attracted significant attention due to its potential for lucrative returns. Within this market, condos, or condominiums, have emerged as a highly desirable option for investors. With their convenient location, luxurious amenities, and potential for high returns, condos have become a popular choice for many looking to invest in Singapore. For those considering investing in a condo in Singapore, this article will explore the numerous benefits, important considerations, and necessary steps to take. When looking into real estate investments in Singapore, keep in mind the opportunities that await in Singapore Projects.

Completed in 2017, 3 Orchard By-The-Park is a luxurious condo situated on Orchard Boulevard. It was designed by renowned Italian architect Antonia Citterio and comprises three 25-storey towers, housing a total of 77 units. The units range from two to four bedrooms, measuring between 1,066 sq ft and 3,800 sq ft, with penthouses ranging from 6,555 sq ft to 6,900 sq ft.

The prime location of 3 Orchard By-The-Park is one of its many attractive features, being in close proximity to Orchard Road’s famed shopping district. Families with school-going children will appreciate its convenient location to reputable schools such as Anglo-Chinese School (Junior), Anglo-Chinese School (Primary), ISS International School (Elementary & Middle School Campus), and Singapore Chinese Girls’ School (Primary). For those who rely on public transport, the Orchard Boulevard MRT Station (Thomson-East Coast Line) is just a stone’s throw away.

The recent transactions at 3 Orchard By-The-Park have shown strong demand and increased property values. With the EOI closing on March 5 at 4pm, interested buyers should act fast to secure this luxurious unit.

Check out EdgeProp Buddy for the latest listings at 3 Orchard By-The-Park and other luxurious condominium properties. You can also compare price trends between new sale and resale condos, as well as find out the rental yield and the most expensive average per square foot prices for condos in District 10.…

According to Huttons Asia, the shophouse market has been relatively quiet in 2024, with only 84 recorded caveated transactions. This number is below the average of 200 transactions per year that were recorded between 1995 and 2023, indicating a slower market for shophouses.

Lee Sze Teck, senior director of data analytics at Huttons Asia, notes that while some buyers may have made purchases without lodging a caveat, the number of shophouse deals in 2024 is likely the lowest since 1998.

Out of the 84 caveated transactions, the total value amounted to $683.6 million, a significant decrease of 38.9% from the previous year’s total of $1.1 billion. However, Lee points out that there were a number of “substantial” deals that were not caveated, including properties in prime locations such as Amoy Street, Neil Road, North Bridge Road, and Telok Ayer Street, which were sold for more than $200 million.

The largest shophouse deal in 2024 was the sale of The Rail Mall by Paragon REIT for $78.5 million in June. This is likely the biggest shophouse deal on record, surpassing the previous high of $74.8 million for a row of shophouses on Jalan Sultan in March 2022. According to Lee, the shophouses at The Rail Mall were valued at $62 million in December 2023, indicating a gain of approximately $16.5 million for the seller.

The majority of shophouse transactions in 2024 were for smaller quantums, with over half of the caveated deals valued at $5 million to $15 million. In terms of location, almost half of the transactions took place in District 8, which Lee attributes to its desirable city-fringe location and relatively lower prices compared to Districts 1 and 2.

Investing in a condo has numerous advantages, and one of them is the opportunity to utilize the property’s value for further investments. Some investors opt to use their condos as collateral to secure additional financing for other real estate investments, thus increasing their portfolio. While this tactic can potentially bring in higher returns, it also carries certain risks. Therefore, it is essential to have a solid financial plan and carefully assess the potential consequences of market fluctuations before making such a move. Another significant benefit of condo investment is the ability to leverage its value to expand one’s real estate ventures. Many individuals use their condos as collateral to acquire more funding for new investments, ultimately enhancing their portfolio. While this strategy can potentially increase profits, it also comes with certain risks, making it essential to have a well-thought-out financial plan and consider the potential impact of market changes.

In addition, shophouse rents across the island have declined for the second consecutive quarter in 4Q2024, with a 2.6% drop to $6.47 per square foot per month. However, for the entire year, shophouse rents still saw a slight increase of 1.7%.

Overall, the shophouse market in 2024 has been relatively subdued, with fewer transactions and a decline in rents. However, with strategic location and potential for gains, shophouses still remain a popular choice for property investment.…