Investing in a condo offers several advantages, one of them being the opportunity to leverage the property’s value for future investments. A number of investors utilize their condos as collateral in order to secure additional financing for new investments, thereby diversifying their real estate portfolio. This approach can potentially increase profits, but it also carries a certain level of risk. It is important to have a well-defined financial plan in place and carefully consider the potential impact of market fluctuations before taking this route.

8M Residences, a freehold development located in District 15, topped the list of private condos that achieved a new record psf-price peak in the week of Feb 1 to 7. The development set a new high of $2,384 psf when a two-bedroom unit spanning 646 sq ft on the 15th floor was sold for $1.54 million on Feb 3. This marked the first time a unit at 8M Residences was sold for more than $2,300 psf. The previous peak at the development was $2,261 psf, set in April 2023 when a similar two-bedroom unit on the 11th floor was sold for $1.46 million.8M Residences also recorded another sale during the same period that surpassed the previous peak. A one-bedroom unit on the 11th floor was sold for $1.2 million ($2,275 psf) on Feb 3.Although 8M Residences was completed in 2017, resale prices have been on the rise in recent years. Based on a 12-month rolling average, the average price of units at the condo rose 7.3% over the last three years, from $2,028 psf in February 2022 to $2,177 in February 2025. The development has a mix of one- to three-bedroom units ranging from 517 to 1,421 sq ft, as well as four penthouses ranging from 1,184 to 1,841 sq ft.Located within walking distance of EtonHouse International Research Pre-School, Katong Swimming Complex, and Katong Park MRT Station, 8M Residences offers convenience and accessibility to residents.Completed last year, Kovan Jewel, a boutique condo along Kovan Road in District 19, also achieved a new psf-price high in the week of Feb 1 to 7. A three-bedroom unit on the second floor was sold for $2.41 million ($2,236 psf) on Feb 7, surpassing the previous peak set in August 2022 when a similar unit on the fourth floor was sold for $2.4 million ($2,228 psf).The 34-unit freehold condo has one- to three-bedroom units from 624 to 1,345 sq ft, and four-bedroom penthouses from 1,237 to 2,153 sq ft. As of Feb 18, 17 units (50%) at Kovan Jewel have been sold at an average price of $2,11 psf, based on caveats lodged. The most recent unit sold was on Feb 7, making it the first unit sold this year.Lastly, boutique condo Oleanas Residence, located along Kim Yam Road in District 9, also made it to the list with a transaction that set a new psf-price high in the week of Feb 1 to 7. A three-bedroom unit on the sixth floor was sold for $2.52 million ($2,207 psf) on Feb 3, surpassing the previous record set in August 2022 when a similar unit was sold for $2.67 million ($2,157 psf). The most expensive unit sold at the condo is a four-bedroom unit that fetched $3.3 million ($2,017 psf) in December 2022.The freehold condo, completed in 1999, has four resale transactions in the last three years, ranging from $2.4 million ($2,103 psf) for a three-bedroom unit in November 2023 to $3.3 million ($2,129 psf) for a four-bedroom unit in April 2024. The development has a mix of one- to four-bedroom units, ranging from 947 to 1,841 sq ft.Conveniently located within walking distance of two MRT Stations – Great World MRT Station on the Thomson-East Coast Line and Fort Canning MRT Station on the Downtown Line – Oleanas Residence also provides easy access to educational institutes such as River Valley Primary School and Outram Secondary School within a 1km radius.…

Heeton Holdings has announced a 221% increase in earnings of $3.85million for the second half of FY2024 (1 July 2024 to 31 December 2024), compared to the same period last year. However, the group has reported a loss for the full year of FY2024.

Earnings per share stood at 0.79 cents for the second half of FY2024, while the full year earnings per share was negative at 0.28 cents.

The revenue for the second half of FY2024 saw a 10.5% year-on-year increase to $41.1 million, while the full year revenue grew by 15.2% to $78.2 million.

Heeton reported that the turnover for the second half of FY2024 was driven by rental income from investment properties, hotel operation income, and management fees. The turnover for the full year FY2024 increased due to higher occupancy rates in the United Kingdom and an increase in rental rates for investment properties.

The group disposed of some of its subsidiaries in 2024, including a 70% interest in Gloucester Corinium Avenue Hotel Limited and Ensco 1154 Limited, resulting in a net gain of $3.78 million. As of 31 December 2024, property, plant and equipment amounted to $418.83 million, mainly comprising of hotel properties.

Cash flow for the period saw a decrease in cash and cash equivalents of $32.70 million, with major inflows and outflows. These included proceeds from the disposal of property, plant and equipment of $26.43 million, and proceeds from disposals of subsidiaries of $11.37 million. On the other hand, there was a net repayment of loans from associated and joint venture companies of $24.45 million, in addition to $40.36 million spent on property, plant and equipment, and a restricted cash pledge for bank facilities of $22.98 million.

Given the current economic climate and uncertainties, Heeton intends to maintain its prudent approach towards strategic expansion. The group will continue to focus on providing high-quality, experiential stays for its guests, despite challenges faced by the hospitality industry such as high operating costs, labour costs, elevated interest rates, and an uncertain macroeconomic environment.

Heeton has also been actively participating in land tenders for local residential properties, often as part of a consortium, and expects its two retail malls to bring a steady and recurring income for its property investment business.

Investing in a condo in Singapore Projects has become an increasingly popular option for both local and foreign investors, thanks to the city-state’s strong economy, stable political climate, and exceptional quality of life. With a real estate market offering a multitude of opportunities, condos stand out as a particularly attractive option due to their convenient location, impressive amenities, and potential for high returns. For those interested in investing in a condo in Singapore, this article will delve into the advantages, factors to consider, and key steps to take.

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

Shares in Heeton closed at 27 cents on 20 February, down 0.5 cents or 1.818%. [UPDATE] Tenet EC is now 93.2% sold after balloting by second-time buyers. Showsuite expands into legal-tech real estate solutions, and Park Colonial offers a perfect balance of tranquillity and convenience.…

The demand for Singapore condos remains high due to various factors, one of which is the limited availability of land. As a small island nation with a rapidly growing population, Singapore faces the challenge of meeting the housing needs of its people with limited land resources. This has resulted in strict land use policies and a fiercely competitive real estate market, where property prices are constantly on the rise. As a result, investing in real estate, particularly in condos, has become an attractive option for many, with the promise of potential capital appreciation.

Renowned Singaporean businessman and boutique property developer Que Neo, founder of Euro Properties, has a unique vision for his latest residential projects – to create developments that he himself would like to live in. His latest venture, K Suites, is being developed by Euro Properties’ subsidiary, EG Properties, and is located along Lorong K Telok Kurau in the prestigious District 15. The project is expected to receive its temporary occupation permit (TOP) in the first quarter of 2025.

K Suites boasts a prime location, offering easy access to the beach, East Coast Park, shopping malls, the central business district, and Changi Airport. According to Neo, the East Coast Parkway and Pan-Island Expressway make it possible to reach the airport in just 10 minutes and downtown in 10 minutes as well.

The development is also conveniently located near public transport and popular schools. The nearest bus stop is less than 50 meters away, with just 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 only one stop away from the Paya Lebar Interchange (for the EWL and Circle Line) and five stops from the Bugis Interchange for the EWL and Downtown Line. Meanwhile, Marine Parade Station is just five stops away from the Marina Bay Interchange (for the TEL, North-South, and Circle Lines) and six stops from Shenton Way in the CBD. With the TEL providing direct train access to Orchard Road and Woodlands North, K Suites is also conveniently located near the Rapid Transit System (RTS) Station, connecting Singapore to the Bukit Chagar Station in Johor Bahru.

In addition, K Suites is located just a stone’s throw away from the highly sought-after PCF Sparkletots @ Joo Chiat preschool, making it an ideal location for families with young children. The development is also within 1km from popular primary schools such as Tao Nan School, Haig Girls’ School, and CHIJ (Katong) Primary, as well as prestigious secondary schools like Dunman High School, Tanjong Katong Secondary School, and Tanjong Katong Girls’ School.

K Suites offers a total of 19 units, with only four penthouses featuring a 7m ceiling height. Three of these units have already been sold, leaving just one penthouse available on the market. Developed by JGP Architecture, the project boasts a sleek and contemporary facade with a curtain wall system that allows natural light to enter and provides unblocked views of the surrounding neighborhood. The regular layouts of the typical units, featuring 3.5m to 4.5m ceiling heights, ensure a spacious and efficient interior, with no wasted space due to bay windows or corridors. The development also features top-end German brand fittings, including Miele kitchen appliances, Duravit sanitaryware, and Grohe bathroom fittings.

Residents of K Suites can enjoy a range of facilities, such as a swimming pool, Jacuzzi, barbeque pit, lounge area, gym, outdoor fitness area, and playground. The development also boasts a grand arrival and drop-off area and a surface carpark with enough space for 16 cars and two electric vehicle charging stations.

Since its preview in September 2022, the first phase of 10 units has been sold as of February 2025, with the majority of buyers being Singaporeans, including professionals such as doctors, lawyers, and corporate executives, according to Neo. The development offers units in four configurations – three-bedroom units ranging from 797 to 872 sq ft and four-bedroom units ranging from 1,076 to 1,130 sq ft, as well as four five-bedroom penthouses ranging from 1,625 to 1,679 sq ft. The penthouses have proven to be popular with large families, with one family purchasing a unit for each of their four children.

K Suites has received positive market sentiment, and with its imminent TOP, developer Euro Properties has released the remaining units in the development. Prices for three-bedroom units now start from $2.058 million ($2,582 psf), while four-bedroom units start from $2.525 million ($2,347 psf). The sole remaining five-bedroom penthouse is priced at $3.5 million ($2,154 psf).

K Suites is proving to be a popular choice for both homeowners and investors, with an affordable price point for a prime District 15 location. District 15 has traditionally been a popular choice for expatriate tenants, and with the lifestyle offerings in the area, including proximity to the beach, East Coast Park, and a wide array of F&B options and malls, K Suites is set to appeal to a wide range of potential investors. In a study of selected boutique developments in District 15, Huttons Data Analytics found that prices have appreciated over 100% since their launch, with the latest transaction being a 872 sq ft, three-bedroom unit on the fourth floor, which sold for $2.13 million ($2,443 psf) in November. Furthermore, over the past five years, from January 2020 to December 2024, monthly median rents at some boutique condos in Telok Kurau and Joo Chiat, including the 127-unit Coralis, have seen a 76.5% increase, according to Huttons Data Analytics.

With its prime location, efficient layout, and quality materials, K Suites is poised to attract a steady stream of buyers and investors looking for a comfortable and convenient lifestyle in the sought-after District 15 area.…

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Private housing rents saw a modest rebound in the fourth quarter of 2024, rising 0.2% quarter-on-quarter in the last three months of the year, according to a market report by Savills Singapore. However, landlords should not expect much growth in rental prices this year.

The poor performance of the non-landed private residential market in the first three quarters of 2024 was a major contributing factor to the 1.7% decline in rental prices for the entire year. This marks the first full-year decline since the leasing market saw a 0.5% year-on-year drop in 2020.

There were 19,733 leasing transactions in the fourth quarter of 2024, representing a 24.2% decrease from the previous quarter. According to Savills, this is likely due to a decrease in net new rental demand as the number of employment pass and S pass holders fell last year, as well as a year-end seasonal lull in rental activity.

The report noted that the majority of the decline in leasing activity last quarter came from a 30.8% quarter-on-quarter drop in rental contracts for landed homes islandwide. Leasing volumes for apartments and condos also saw a 23.7% drop over the same period.

George Tan, managing director of Livethere Residential at Savills Singapore, said that despite the decrease in leasing activity in the fourth quarter of 2024, there is still some growth in rental demand. He added that rents in the private residential market have stabilized, and tenants can find relatively more affordable rents in suburban areas, which offer lifestyle options such as more spacious units, connectivity to MRT stations, malls, and recreational activities.

According to Savills’ rental data, Parc Esta, a 1,399-unit development in District 14, saw the most number of condo leasing deals in the fourth quarter of 2024. The project recorded 163 rental transactions at a median rent of $6.84 psf per month. Other developments with 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) was the only region to see average rents decline by 0.8% quarter-on-quarter. In contrast, rents in the Core Central Region (CCR) and Rest of Central Region (RCR) grew by 0.9% and 0.3% quarter-on-quarter, respectively.

Savills said that the decline in rent prices in the OCR was likely due to more tenants in suburban locations shifting to more central neighborhoods, driven by relatively more reasonable rents. Based on a basket of luxury properties tracked by Savills, the average monthly rent of high-end condos increased by 1.7% quarter-on-quarter in the fourth quarter of 2024, to $5.85 psf per month. This suggests that the luxury rental market could see a slight rebound after consistently declining over the preceding five quarters.

Looking ahead, landlords may face headwinds in the rental market as companies continue to reduce headcounts and hire fewer expatriates, according to Alan Cheong, executive director of research and consultancy at Savills Singapore. He added that landlords could also face higher property taxes for non-owner-occupied residential properties, as well as increased conservancy charges due to upward inflationary pressures.

Condo investment in Singapore is a highly appealing option, but it comes with certain considerations, one of which is the government’s property cooling measures. The Singaporean government has implemented various measures over the years to prevent speculative buying and maintain a steady real estate market. Among these measures is the Additional Buyer’s Stamp Duty (ABSD), which entails higher taxes for foreign buyers and those purchasing multiple properties. While these measures may affect the immediate profitability of condo investments, they also play a crucial role in ensuring the long-term stability of the market, making it a more secure environment to invest in condos.

However, the relatively tight supply of large luxury properties on the rental market may help landlords resist “underpriced” rental offers, says Cheong. “Although rents for non-landed private residential properties turned the corner in the third quarter of 2024 and continued rising in the fourth quarter, we anticipate challenges in the rental market in 2025,” he said.

In the future, the widespread adoption of AI could reduce overall manpower requirements for some high-tech firms, and companies may continue to reduce hiring of white-collar professionals. This could decrease the pool of expat tenants in Singapore, according to Cheong. He believes that the saving grace for the rental market is the expectation of fewer new completions of private homes in 2025. Higher property taxes on investment properties may also discourage landlords from accepting “low ball” rental rates. He also expects that interest rates will likely take longer to fall and result in mortgage payments remaining at current levels for longer.…

CBRE is offering the exclusive opportunity of purchasing the well-known Hotel Clover at 7 Hongkong Street, a 27-room boutique hotel, for a guide price of $27 million. At the same time, the commercial real estate company is also marketing a commercial building located at 36 Hongkong Street, with a guide price of $22.6 million.

Situated in the heart of the Central Business District (CBD), Hotel Clover is a six-storey hotel that sits on a 1,701 square feet plot of land. The property has been zoned as a “hotel” with a plot ratio of 4.2 under the latest Master Plan. This 99-year leasehold site has a remaining land tenure of approximately 89 years and a total floor area of 7,142 square feet. With a price translating to $3,780 per square foot (psf) on the floor area, this property is a rare find in the prime commercial district.

Next door, the commercial building at 36 Hongkong Street is also an attractive investment opportunity. The property is a five-storey building situated on a 1,733 square feet plot of land. Similar to Hotel Clover, it has been zoned as a “commercial” property with a plot ratio of 4.2 under the Master Plan. This 99-year leasehold site has a remaining land tenure of 93 years and a total floor area of 7,279 square feet. With a guide price translating to $3,105 psf, this property is also a highly sought-after asset in the CBD area.

What makes these properties even more appealing is their relatively attractive remaining land tenures, which are longer than most other 99-year leasehold properties available for sale in the district. This makes them suitable for both investors and owner-occupiers looking for a flagship asset with naming rights for their exclusive operations.

Being a hotel and a commercial building, both sites are open for purchase by foreigners and companies, making it easier for potential buyers to acquire the properties without incurring Additional Buyer’s Stamp Duty (ABSD) or Seller’s Stamp Duty (SSD).

When it comes to investing in Singapore property, it is crucial for international investors to be aware of the laws and limitations that govern property ownership. Unlike landed properties, which have more stringent ownership regulations, foreigners are generally permitted to purchase condos with fewer restrictions. However, foreign buyers are required to pay an Additional Buyer’s Stamp Duty (ABSD), currently set at 20%, for their first property purchase. Despite this added expense, the stability and potential for growth in the Singapore real estate market remains a major draw for foreign investment. New Condo Launches are also attracting a lot of attention and interest from foreign buyers.

These properties are located in Clarke Quay, a popular riverfront area renowned for its diverse dining and entertainment options, fitness studios, and boutique hotels. The location is also highly accessible, with the Clarke Quay MRT Station situated just a short walk away.

With the ongoing $62 million asset enhancement initiative at CQ@Clarke Quay and the upcoming completion of two large-scale integrated developments, Canninghill Piers and Union Square, the surrounding area is set to become even more vibrant in the near future. According to Clemence Lee, the executive director of capital markets at CBRE Singapore, both 7 and 36 Hongkong Street have the potential to yield future rental upsides and capital appreciation in the medium to long term.

Both properties will be available for sale through an expression of interest exercise that closes on March 26. Don’t miss this opportunity to own a prime piece of commercial real estate in one of Singapore’s most coveted locations. Check out the latest listings for commercial properties today!…

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On Sunday, Feb 16, EdgeProp Singapore’s Property Market Outlook event saw discussions around the potential for new property cooling measures, the incoming supply of housing from government land sales (GLS) sites and Build-To-Order (BTO) launches, as well as Budget 2025 announcements that could impact the real estate market. A panel featuring experts Alan Cheong from Savills Singapore, Wong Xian Yang from Cushman & Wakefield, and Song Seng Wun from CGS International, discussed these topics, moderated by EdgeProp Singapore CEO Bernard Tong. The event took place at the Elta sales gallery, a new 501-unit project jointly developed by MCL Land and CSC Land Group, which opened for public preview on Feb 7.

In January, the government stated that they were open to implementing new property cooling measures, and that now was not the time to roll back on existing measures. Sales of new private residential units (excluding executive condos) rose 256% y-o-y in January, with the possibility of future cooling measures suggesting that the government may roll out measures that apply uniformly across the residential market, the panel said. There were also discussions about how these measures might concentrate on the HDB resale market. According to Wong, the HDB market forms the “floor” of the Singapore housing market, and a rise in prices there may have an effect on the prices of private housing. Cheong added that the potential for tougher loan restrictions and adjustments to the seller’s stamp duty (SSD) were also up for consideration.

However, Tong highlighted that more GLS and BTO units would be released into the market to meet demand, with the 1H2025 GLS programme offering 10 land parcels that can yield up to 5,000 new homes. In addition, HDB will offer 19,600 BTO units in 2025. Under the new classification, Prime and Plus BTO flats will take approximately 14 years to enter the resale market, therefore the impact on prices would only be seen much later, according to Cheong. In addition, Wong pointed out that prices for the resale market are more likely to follow project completions and the minimum occupation period (MOP) for HDB estates instead of the pipeline of GLS sites for tender every year. He added that “project completions, rather than GLS supply, are more likely to affect prices.”

However, the experts noted that the success of recent new launches suggests that there is still buyer confidence in new projects being launched this year. In particular, the Elta project experienced about 4,500 visitors over the first three days of public preview. Other projects that have been launched this year include The Orie and Bagnall Haus, which achieved a 86% and 63% selling rate respectively.

Song notes that prospective buyers of new projects are still positive about being able to make a profit when they eventually sell their properties. This is due to a stronger job market and increasing confidence from higher-paying jobs, encouraging property owners to upgrade, he said.

Overall, there are several benefits to be gained from investing in a Singapore condo. One of the most significant advantages is the high demand for these properties, ensuring a steady stream of potential buyers and tenants. Additionally, there is great potential for capital appreciation, allowing for a profitable return on investment in the long run. This is further complemented by the attractive rental yields offered by condos in Singapore.

However, it is crucial to carefully consider a few factors before making a decision. The location of the condo plays a crucial role in its success, as well as the financing options available. Moreover, it is essential to be aware of government regulations and keep an eye on market conditions to make informed choices.

Investors can maximize their returns in Singapore’s ever-evolving real estate market by conducting thorough research and seeking professional advice. Whether you are a local investor looking to expand your portfolio or a foreign buyer seeking a stable and profitable investment, adding a Singapore condo to your investment strategy presents a compelling opportunity. With the constant development and progress in the country, a Singapore condo from Singapore Condo offers a promising future in the real estate market.

The panel also discussed Budget 2025 and any measures that could have an impact on the property market this year. SGX noted that Singapore has made a strong economic recovery, since the recession caused by the Covid-19 pandemic. As 2025 is an election year, Song expects that there will be more handouts funded by government surpluses from healthy revenue collections in the past three years. The panellists also took questions from the audience, with some participants asking if the residential property market is currently in an “euphoric” phase.

Cheong said that the sense of exuberance is likely to subside as developers strategically time the launch of new projects. He added that there are numerous projects ready for launch, which are situated in areas where there have not been any launches over the past few years. He added that “If a particular location hasn’t seen a new launch in five or six years, demand is likely to build up during that time.”

Some investors queried the panelists’ thoughts on the rental market in 2021, which slowed down from its peak two years ago. Cheong said that while data shows a decline in the total number of expatriates in Singapore over the past year, there has been an increase in the volume of rental transactions. He added that the drop in rents may have encouraged some tenants to stop flat-sharing and get their own accommodation, but this was offset by layoffs in the finance and tech sectors, which may moderate rental growth this year. During the event, EdgeProp’s Tong presented the Master Plan Master Class on Clementi and Jurong East, highlighting upcoming transformation plans in these areas. He noted that the completion of the second phase of the Cross Island Line (CRL) will add another West Coast MRT station and turn the existing Clementi station into an interchange. Tong said that historically, MRT interchanges tend to have a positive effect on property prices near them.

Clementi’s transformation plans include redevelopment of the Clementi Stadium and the installation of more than 6.6km of cycling paths throughout the area. Tong said that the housing demand in Clementi will also benefit from the progressive development of the Jurong Lake District and the new jobs being created in the nearby Tuas Biomedical Park, Tuas Megaport, Jurong Island, and Jurong Innovation District. Data from EdgeProp Singapore shows that the average age of existing condos in Clementi is around 17 years, with recent project launches in the area seeing very strong capital gains. This includes projects such as Clavon, with prices rising 24% since launch, and The Clement Canopy, where prices have risen 43% since launch. Both of these projects are located next to the Elta project.

The data comes from EdgeProp Singapore’s suite of property tools, which can help owners, buyers and sellers to understand price and market trends. This includes HDB resale prices, analysis of profitable transactions, and information about upcoming GLS sites.…

According to a press release on February 19th, The Collective, a luxury brand owned by JustCo, has launched its flagship co-working space in Tokyo. This 24,000 sq ft space can be found in the GranTokyo South Tower, a 42-storey skyscraper located in the Marunouchi district of Chiyoda City. It is conveniently located near Tokyo Station, providing easy access to both Narita and Haneda airports.

The Collective is inspired by the iconic Tokyo Station and boasts an elegant and luxurious atmosphere. “We wanted to create a space that embodies the sophistication and comfort of a luxury voyage,” says the group.

Aside from hot desks and meeting rooms, The Collective also offers private suites with 24/7 secured access, as well as larger enterprise suites with exclusive entrances and customized workspace designs. All workspaces are equipped with Herman Miller Aeron chairs and Benel adjustable desks for maximum comfort and productivity.

One crucial factor to consider when investing in a Singapore Condo is the implementation of government property cooling measures. In recent years, the Singaporean government has implemented various measures to control speculative buying and maintain 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 affect the short-term profitability of condo investments, they also contribute to the long-term stability of the market, creating a safer and more secure investment environment.

Members at The Collective can enjoy the TWG Tea Bar, which provides refreshments throughout the day, and a “wellness sanctuary” for relaxation and rest. With its exceptional amenities and prime location, The Collective is set to provide a luxurious and productive work environment for its members.…

CT Pemimpin, a nine-storey, partial ramp-up factory, is the new development project by Chiu Teng Group, renowned for its high-quality industrial and commercial projects in Singapore. Situated in the Central Region at 43 Jalan Pemimpin, this freehold B1 industrial factory offers prime location, superb accessibility and desirable communal facilities, making it a highly sought-after property for both businesses and investors.The development features two rooftop pavilions ideal for outdoor gatherings, rooftop solar panels, two passenger lifts, a service lift, and a generous one-to-one carpark ratio with 59 lots, including two EV lots. It comprises 56 strata-titled units and three canteen units, each equipped with toilets for occupiers’ convenience and privacy.With floor heights ranging from 5.6m to 7.35m, selected units on levels one and five also feature mezzanine floors. The project boasts a lorry park and two loading and unloading bays, catering to rigid-frame vehicles of less than 7.5m.Says Marcus Chu, CEO of ERA Singapore, “CT Pemimpin is an attractive option for both property investors and end-users. With no Additional Buyer’s Stamp Duty (ABSD) applicable for industrial properties, it provides risk diversification for investors, while end-users benefit from owning their own space instead of renting. The property’s freehold status coupled with its central location also adds to its appeal.”According to Ken Low, managing partner of SRI, the sleek design and prime location of CT Pemimpin make it appealing to a larger group of investors and businesses. Its location, within walking distance of Marymount MRT station and Bishan sub-regional centre, is particularly attractive to young entrepreneurs and their staff. Additionally, the last freehold industrial launch in this area over a decade ago, Mapex, has a proven track record of good profitability and rental.CT Pemimpin’s freehold status is a rarity in today’s market, where most industrial developments have limited lease terms of 30 or 60 years. This unique feature makes it especially attractive to investors and companies in the information and communications media industry looking for clean B1 spaces. Furthermore, commercial and industrial properties are not subject to ABSD, making them an attractive option for eligible foreign buyers.Aside from its desirable freehold status, CT Pemimpin boasts unparalleled connectivity, with easy access to major expressways like PIE and CTE, as well as public transport options like the Circle and North-South MRT Lines. The upcoming North-South Corridor will also provide dedicated bus and cycling lanes, enhancing travel convenience and reducing travel time to and from the property.Residents of CT Pemimpin will also have access to a multitude of retail and dining options at nearby shopping centres such as Junction 8, Thomson Plaza, AMK Hub, and more. Reputable schools like Raffles Institution, Catholic High School, and Eunoia Junior College are also within close proximity, making it convenient for families with school-going children.Chiu Teng Group, with its solid reputation as a reliable property developer and builder since its establishment in 1999, has an extensive portfolio of well-received projects, including industrial developments like CT FoodNEX, CT Foodchain, Tagore8, and CT Hub & CT Hub 2, as well as residential projects like The Creek@Bukit. The preview for CT Pemimpin starts on February 21, 2025. Don’t miss this rare opportunity to secure a freehold industrial space. Contact 8100 8017 or visit Chiu Teng Group today to arrange a viewing.

Singaporean condo investment is greatly influenced by the government’s property cooling measures. In order to maintain a stable real estate market and reduce speculative buying, the Singaporean government has implemented various measures over the years. One of the most significant measures is the Additional Buyer’s Stamp Duty (ABSD), which imposes higher taxes on foreigners and those purchasing multiple properties. While these measures may have an impact on the short-term profitability of condo investments, they also contribute to the long-term stability of the market, making it a more secure environment for investments. Condo investors must take these measures into consideration when making decisions for their investments in Singapore.…

Lentor Central Residences, a new development in Lentor Hills, will be launched for viewing on February 21. The project is expected to be available for sale on March 8.

This upcoming development is the latest addition to the thriving Lentor Hills district, and is a joint project by Hong Leong Holdings, GuocoLand, and CSC Land.

Comprising of two residential blocks, one 27-storey and another 28-storey, Lentor Central Residences offers a range of one- to four-bedroom units, ranging from 463 sq ft to 1,399 sq ft.

Interested buyers can find out more information about available units and prices for Lentor Central Residences.

According to the developers, one-bedroom units will be priced from $975,000 ($2,110 psf), two-bedroom units from $1.38 million ($2,050 psf), three-bedders from $1.81 million ($1,984 psf), and four-bedroom units from $2.37 million ($2,000 psf).

The development boasts of various amenities, including a 50-metre infinity edge pool, 25-metre lap pool, and leisure pools, as seen in the aerial view below. The project is also conveniently located near Lentor MRT Station and the Thomson-East Coast Line, making commuting to the city center a breeze.

An aerial view of the landscaped decks, including a 50-metre Infinity Edge Pool, 25-metre Lap Pool, and Leisure Pools. (Photo: Hong Leong Holdings)

Betsy Chng, head of sales and marketing at Hong Leong Holdings, emphasizes the project’s strategic location near public transportation and dining options at nearby retail centers such as GuocoLand’s Lentor Modern, Thomson Plaza, and eateries along Upper Thomson Road and the nearby Springleaf estate.

“We believe the new Lentor Hills enclave is on the cusp of significant growth and is poised to become one of Singapore’s most sought-after districts for homebuyers,” she says. “Together with our partners, we are creating premium homes at reasonable prices, where units are sold based on liveable space.”

Other family-friendly condo facilities include a child care center, a children’s playground, a resident’s clubhouse, a gym and yoga room, a tennis court, and a spa pavilion with massage pool, as seen in the artist impression below.

An artist impression of the spa pavillion and massage pool at Lentor Central Residneces. (Photo: Hong Leong Holdings)

The sales gallery is located on Lentor Hills Road, where interested buyers can drop by to enquire about available units and prices for Lentor Central Residences.

For those interested in other properties within the vicinity, they can also ask questions on the Ask Buddy platform, such as condo sales transactions and rental listings in District 26. They can also compare price trends between condo new sales and executive condominiums (ECs) new sales.

Some key project details for Lentor Central Residences include:

– Total number of units: to be announced

– Project summary: New launch development comprising of two residential blocks, with a range of one- to four-bedroom units.

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Investing in a condo in Singapore offers numerous advantages, with potential for capital appreciation being one of the top perks. Singapore’s position as a prominent global business hub, along with its robust economic fundamentals, leads to a constant demand for real estate. Over time, the property prices in Singapore have consistently shown an upward trend, especially for condos located in prime areas. By entering the market at the right time and holding onto their properties for a considerable period, investors can reap significant capital gains. Additionally, with the recent New Condo Launches, there are even more opportunities for potential appreciation in the future.

– Available unit types: one-bedroom, two-bedroom, three-bedroom, four-bedroom

With its prime location, family-friendly amenities, and reasonable pricing, Lentor Central Residences is set to be a highly sought-after development in the vibrant Lentor Hills district.…

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Investing in a condo requires careful consideration of not just the property itself, but also its maintenance and management. This is because condos usually have maintenance fees that cover the upkeep of shared areas and amenities. While these fees may increase the overall cost of ownership, they also guarantee that the property will maintain its quality and value. By hiring a property management company, investors can delegate the day-to-day management of their condos, making it a more hands-off investment. Singapore Projects are a great example of this type of investment.

Singapore Realtors Inc (SRI) and Redbrick Mortgage Advisory have entered into a partnership to enhance the capabilities of SRI’s salespersons. As part of the collaboration, Redbrick will provide training on advanced mortgage strategies to SRI agents, enabling them to better guide homebuyers on financing options. According to Redbrick CEO Eugene Huang, this partnership aims to empower SRI salespersons to become trusted advisors who can offer personalized financing solutions, allowing buyers to make well-informed decisions. Additionally, Redbrick will also provide SRI agents with real-time mortgage rate information from over 15 financial institutions, allowing them to quickly and efficiently share updated financing options with their clients. SRI CEO Thomas Tan believes that this partnership will enable SRI’s teammates to provide clients with the most relevant financing options and information.…