Condo Horn by Eagles

Understanding the regulations and restrictions surrounding property ownership in Singapore is crucial for foreign investors. Unlike landed properties with stricter ownership rules, foreigners are generally permitted to purchase condos with ease. However, it’s worth noting that foreign buyers must pay an Additional Buyer’s Stamp Duty (ABSD) of 20% for their initial property purchase. Despite this added expense, the steady growth and potential of the Singapore real estate market remain highly appealing to foreign investments. For the latest opportunities, check out New Condo Launches.

The first flagship co-working space of The Collective, a luxury brand under Singapore-based flexible workspace company JustCo, has recently opened its doors in Tokyo, as announced in a press release on Feb 19.

Located in GranTokyo South Tower, a 24,000 sq ft space in the Marunouchi district of Tokyo’s Chiyoda City ward, the new co-working space stands tall in a 42-storey skyscraper adjacent to Tokyo Station, providing convenient access to the airports at Narita and Haneda.

According to the group, The Collective takes inspiration from Tokyo Station and aims to provide its members with a luxurious and comfortable work experience, much like an elegant journey.

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

Furthermore, the co-working space boasts amenities such as the TWG Tea Bar, which serves refreshments throughout the day, and a “wellness sanctuary” where members can take breaks and relax between work sessions.…

CT Pemimpin, located at 43 Jalan Pemimpin in the Central Region, is a freehold B1 industrial factory developed by Chiu Teng Group. The renowned developer has established a reputation for delivering high-quality commercial and industrial spaces in Singapore.

Strategically located in the heart of Singapore’s District 20, CT Pemimpin offers excellent accessibility, making it an ideal choice for companies seeking a prime location and property investors looking for a rare long-term investment opportunity.

Green Features and Shared Amenities
The nine-storey factory boasts sustainable features, including rooftop solar panels, two rooftop pavilions for outdoor gatherings, two passenger lifts and a service lift. The development also includes 56 strata-titled units, three canteen units, floor heights ranging from 5.6m to 7.35m (for selected units with mezzanine floors on levels one and five), and individual units equipped with toilets for convenience and privacy.

CT Pemimpin also offers a generous one-to-one carpark ratio with 59 lots, including two EV lots, for ample vehicular parking spaces. Two loading and unloading bays and a lorry park cater to vehicles of less than 7.5m.

Appealing Scarcity Factor
According to ERA Singapore CEO Marcus Chu, CT Pemimpin is a highly attractive option for both investors and end-users. As industrial properties do not incur Additional Buyer’s Stamp Duty (ABSD) in Singapore and provide risk diversification, the development appeals to investors. Business owners, on the other hand, prefer to own their workspace rather than rent, making CT Pemimpin an excellent choice as a freehold property.

SRI Managing Partner Ken Low adds that CT Pemimpin stands out from traditional B1 industrial developments due to its modern facade and central location. With its close proximity to Marymount and Bishan MRT stations, the freehold development is a rarity in the market. Its successful predecessor, Mapex, launched more than ten years ago in the same area, lays a strong foundation for CT Pemimpin’s potential profitability and rental returns.

Exceptional Freehold Status and Investor Appeal
CT Pemimpin’s freehold status makes it a unique and valuable find in today’s market, where most industrial developments have a 30-year or 60-year lease. It also appeals to investors looking for long-term potential, including family offices and companies in the information and communications media industry seeking clean B1 spaces, as freehold developments are not subject to ABSD.

Unparalleled Connectivity
The development’s strategic location offers seamless accessibility to all parts of Singapore, whether by public or private transport. Situated a short walk away from Marymount MRT station (Circle Line), Upper Thomson MRT station (Thomson-East Coast Line), and Bishan MRT station (North-South Line), CT Pemimpin also provides easy access to major expressways such as PIE and CTE. The upcoming completion of the North-South Corridor in 2027 will further reduce travelling time for those commuting from the north into the city.

CT Pemimpin is surrounded by bustling townships like Bishan, Upper Thomson, and Ang Mo Kio, with an array of retail and dining options at popular shopping destinations like Junction 8, Thomson Plaza, AMK Hub, NEX, Woodleigh Mall, Novena, and Toa Payoh HDB Hub. It also has reputable schools in the vicinity, including Raffles Institution, Catholic High School, and Eunoia Junior College, providing added convenience for families with school-going children.

Rewritten:

Investing in a Singapore condo offers a variety of advantages, one being the opportunity to utilize the property’s value to further your investments. This approach involves using your condo as collateral to secure financing for additional investments, ultimately growing your real estate portfolio. While this can lead to increased returns, it is important to have a solid financial plan in place and consider the potential risks associated with fluctuations in the market.

Chiu Teng Group’s Trustworthy Reputation
As a trusted property developer and builder, Chiu Teng Group, founded in 1999, has a solid track record in the industrial and commercial sectors. Their impressive portfolio includes notable projects such as CT FoodNEX (located in Mandai), CT Foodchain (in Pandan Loop), Tagore8 (in Upper Thomson), CT Hub & CT Hub 2 (in Kallang), and residential developments like The Creek@Bukit in Bukit Timah.

The preview of CT Pemimpin begins on February 21, 2025. Secure your rare freehold industrial space today! Contact 8100 8017 or visit Chiu Teng Group to arrange a viewing.…

Investing in a Condo in Singapore: Why it’s a Smart Choice

Condos in Singapore have become increasingly sought-after by both local and foreign investors. This can be attributed to the city-state’s strong economy, stable political climate, and exceptional quality of life. With its thriving real estate market, there are plenty of opportunities for investors to capitalize on. And among these options, condos stand out for their convenience, amenities, and potential for high returns. In this article, we will delve into the advantages, considerations, and steps to take when investing in a condo in Singapore. Condos truly offer a unique and lucrative investment opportunity in this vibrant city.

Lentor Central Residences, a 477-unit development located in Lentor Hills, will be unveiled on February 21. The project will be open for sale on March 8, making it the sixth new launch project in the area. Jointly developed by Hong Leong Holdings, GuocoLand and CSC Land, Lentor Central Residences comprises of two high-rise residential blocks – a 27-storey block and a 28-storey block. The development will offer a variety of units ranging from one- to four-bedrooms, with sizes ranging from 463 sq ft to 1,399 sq ft. Interested buyers can get the latest updates 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 be priced from $1.38 million ($2,050 psf). Three-bedroom units will start from $1.81 million ($1,984 psf) and four-bedroom units will start at $2.37 million ($2,000 psf). The development boasts a range of facilities including a 50-metre infinity edge pool, 25-metre lap pool, leisure pools, spa pavilion and massage pool, children’s playground, resident’s clubhouse, a gym, yoga room and tennis court. Residents can also look forward to a childcare centre within the residence.

Located near Lentor MRT Station and the upcoming Thomson-East Coast Line, residents will enjoy easy access to the city centre. The development is also close to retail and dining options at Lentor Modern, Thomson Plaza and Upper Thomson Road, as well as the nearby Springleaf estate.

Betsy Chng, head of sales and marketing at Hong Leong Holdings, believes that the Lentor Hills enclave is set to become one of Singapore’s most desirable districts for homebuyers. She adds, “Together with our partners, we are creating a vision of premium yet affordably-priced homes, with units sold based on liveable space.”

The sales gallery for Lentor Central Residences is located on Lentor Hills Road. Interested buyers can check out the latest listings for properties in the development or enquire about condo sale or rental transactions in District 26.…

Investing in a condo is a significant decision, and financing plays a crucial role in this process. In Singapore, there are various mortgage options available; however, it is vital to be familiar with the Total Debt Servicing Ratio (TDSR) framework. This framework sets a limit on the amount of loan a borrower can take, considering their income and existing debt obligations. To make informed decisions about financing, it is crucial to understand the TDSR and seek guidance from financial advisors or mortgage brokers. This will help investors avoid over-leveraging and make the best use of their Singapore Projects.

Singapore Realtors Inc (SRI) has recently signed a memorandum of understanding (MOU) with Redbrick Mortgage Advisory to strengthen the capabilities of their salespersons. This collaboration aims to provide SRI agents with advanced mortgage training and resources, enabling them to guide homebuyers more effectively in their financing decisions.

According to Redbrick CEO Eugene Huang, this partnership will empower SRI salespersons to become trusted advisors who can offer customized financing solutions to their clients. With Redbrick’s expertise in mortgage strategies and understanding of the market, homebuyers can make more informed and confident decisions.

Under the MOU, SRI agents will also have access to mortgage rate information from over 15 financial institutions, which is updated regularly to reflect changes in the market. SRI CEO Thomas Tan believes that this real-time data will enable their salespersons to provide clients with the most up-to-date financing options efficiently.

This collaboration between SRI and Redbrick will further enhance the level of service and expertise provided by SRI agents, ensuring that homebuyers receive the best possible guidance in their property transactions. As a result, clients can expect a smoother and more informed home buying experience.…

Sky Eden@Bedok’s Retail Podium Now Available for Sale

Frasers Property Singapore has put the retail podium of its mixed-use development, Sky Eden@Bedok, up for sale through an expression of interest (EOI) exercise. The guide price for the 12 strata retail units on the ground floor is set at $45.2 million, with a combined strata area of approximately 11,193 sq ft. This works out to be $4,038 psf.

According to marketing agent CBRE, the retail units can be sold collectively as a portfolio, individually, or in clusters. The units, ranging from 398 sq ft to 1,313 sq ft, are priced from $1.91 million to $5.55 million. All 12 units are approved for F&B use, making it an attractive investment opportunity.

Sky Eden@Bedok is currently under construction and located in the heart of Bedok Central. The 99-year leasehold development consists of two 16-storey residential towers atop a retail podium. It has a total of 158 residential units. The location is conveniently located near the Bedok Integrated Transport Hub, which comprises the Bedok MRT station and bus interchange, connecting to Bedok Mall.

The development was launched in September 2022, making it the first private residential launch in Bedok Town Centre in 10 years. Since then, all 158 residential units have been sold. It is expected to obtain Temporary Occupation Permit (TOP) in 4Q2025.

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 available for sale in the Bedok Town Centre. He adds, “Given the attractive pricing and potential for growth, CBRE is confident that the retail podium will appeal to various investors, including boutique real estate funds, family offices, high net worth individuals, and F&B owner-occupiers looking to enter the commercial space of a tightly held residential enclave.”

Investing in real estate is a wise decision, but it becomes even more crucial when considering the location. This holds particularly true in Singapore, where the location of condos plays a significant role in their value. In fact, properties situated in central areas or close to essential amenities like schools, shopping malls, and public transportation hubs tend to appreciate more in value over time. Some of the most coveted locations in Singapore include Orchard Road, Marina Bay, and the Central Business District (CBD). These areas have consistently shown growth in property values, making them prime investment options for individuals. Along with these prime locations, condos near renowned schools and educational institutions, such as Singapore Condo, also offer great investment potential, especially for families. Their proximity to high-quality education further adds to their value as desirable residential properties.

Interested parties can submit their EOI by 3pm on April 3, 2023. Visit Ask Buddy for the latest listings for Sky Eden@Bedok properties. Check out 2-bedroom floor plans and the site plan for Sky Eden@Bedok, as well as condo sale transactions in District 16. For information on recently completed projects, view the total number of units in Sky Eden@Bedok.…

launch: HDB

Investing in condominiums has several advantages, including the opportunity to leverage the property’s value for future investments. In fact, numerous investors utilize their condos as collateral to secure additional financing for new ventures, allowing them to expand their real estate portfolio. This approach has the potential to increase returns, but it also carries some risks. As such, it is essential to have a solid financial plan in place and carefully consider the potential impact of market fluctuations. Keep in mind that with the new condo launches happening, there are even more opportunities to leverage your investments and grow your real estate portfolio.

The Home Improvement Programme (HIP) has selected over 29,000 HDB flats for its latest round of upgrading works. In a press release on Feb 16, HDB announced that it will be allocating more than $407 million for these improvements. The selected flats are located in various estates such as Bedok, Bukit Batok, Bukit Merah, Bukit Panjang, Chua Chu Kang, Hougang, Jurong West, Pasir Ris, Queenstown, Sengkang, Tampines, Toa Payoh and Woodlands. Since its launch in 2007, the HIP has been helping flat owners address maintenance issues that arise due to wear and tear in older flats. According to Minister for National Development Desmond Lee, around 494,000 flats have been selected for the programme, which amounts to nine in 10 eligible flats. Of these, close to 381,000 flats have already undergone the necessary upgrades. In addition to the basic safety improvements, which are fully funded by the government for Singapore citizen households, owners can also opt for optional improvements such as bathroom and toilet upgrades, a new entrance door and grille gate, and a new refuse chute hopper. These optional improvements are partly subsidised by the government, with Singapore citizen households paying as little as 5% of the cost, depending on the flat type. Since 2012, the Enhancement for Active Seniors (Ease) programme has also been offered as part of the HIP. Under Ease, flat owners can opt to install senior-friendly fittings such as grab bars, ramps and slip-resistant treatment for toilet and bathroom tiles. Up to 95% of the costs are covered by the government for Singapore citizen households. As of March 31, 2014, HDB estimates that around $4 billion has been allocated to the HIP, with an additional $150 million allocated to Ease. To make more informed decisions on HDB properties, interested buyers can check out the latest listings and past sale and rental transactions, as well as compare HDB loan rates and price trends of HDB against other property types.…

The cityscape of Singapore is characterized by its towering skyscrapers and advanced infrastructure. Condominiums, strategically situated in desirable locations, offer a perfect fusion of opulence and accessibility, catering to the preferences of both locals and foreigners. These lavish properties boast a plethora of facilities including swimming pools, fitness centers, and round-the-clock security services, elevating the standard of living and appealing to prospective renters and buyers alike. For investors, these attractive amenities translate into lucrative rental returns and appreciation of real estate value in the long run. This is why Singapore Projects are highly sought after in this vibrant city.

A prime strata-titled unit of 3,391 sq ft at Bukit Timah Plaza mall has been listed for sale, with an asking price of $9.8 million ($2,890 psf). This reflects a discount of 12% from its previous listing price of $11 million in the third quarter of 2022. The property is approved for restaurant use and is currently fully leased, making it an attractive investment opportunity for potential buyers.

The unit, situated in the basement two of the mall, boasts a 20m frontage facing the central plaza. According to Clemence Lee, CBRE’s executive director of capital markets, who is marketing the property, the unit will be sold with the existing tenancy in place. It holds a 99-year lease from 1976, with a remaining lease of 50 years.

The asking price is in line with recent transactions for units in basement two. In March 2024, a 441 sq ft unit was sold for $1.43 million ($3,240 psf), while an 850 sq ft unit fetched $2,5 million ($2,940 psf), based on lodged caveats.

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

The mall is conveniently located within walking distance of Beauty World and King Albert Park MRT stations, providing easy access for shoppers and residents alike. The surrounding area is home to a large number of private residential developments, with an estimated population of about 37,000.

Bukit Timah Plaza is also surrounded by various educational institutions, including Singapore Institute of Technology (SIT), Singapore Institute of Management (SIM), Ngee Ann Polytechnic, Methodist Girls’ School, and Pei Hwa Presbyterian Primary School.

The property is also situated in the rapidly developing Beauty World area, which is undergoing rejuvenation with the introduction of new mixed-use, integrated developments. These include The Reserve Residences and the redevelopment of the former Bukit Timah Market and Food Centre, expected to be completed by late 2029.

The unit is available for sale through expression of interest, with the closing date set for Mar 19. Interested parties can check out the latest listings for Bukit Timah Plaza and Sherwood Towers properties for more information.…

A set of adjacent retail units at Peninsula Plaza is currently available for purchase at $10.9 million. These units, which boast a 999-year leasehold, are located on the ground floor and have a prominent frontage along North Bridge Road.

The combined strata area of the two units is 1,119 sq ft, with one unit covering 538 sq ft and the other covering 581 sq ft. Based on this strata area, the asking price translates to $9,741 per sq ft.

Currently, the units are tenanted until 2026 and the asking price represents a gross rental yield of 3%.

According to Nick Chan, Associate Director of Investment Sales & Capital Markets at Savills Singapore, who is handling the sale on a private treaty basis, these units are arguably the best within the development due to their street frontage and consistent footfall.

Peninsula Plaza, constructed in 1980, is a 999-year mixed-use commercial building that comprises a six-storey retail podium and a 24-storey office tower. It is situated along North Bridge Road, Coleman Street, and Coleman Lane and features a sheltered link to City Hall MRT Interchange Station for the North-South and East-West lines.

The most recent transaction of a ground-floor retail unit at Peninsula Plaza was in August 2022 when a 452 sq ft unit sold for $4.08 million, which equates to $9,025 per sq ft based on the lodged caveat then.

Since the Urban Redevelopment Authority (URA) implemented restrictions on the strata subdivision of commercial properties within the CBD and Orchard corridors in March 2022, Savills’ Chan notes that strata-titled units with 999-year or freehold tenure have become highly sought after.

The cityscape of Singapore is defined by impressive skyscrapers and state-of-the-art infrastructure. Condominiums, strategically situated in desirable locations, offer a combination of opulence and convenience that appeals to both local residents and foreigners. These luxurious residences are equipped with a variety of facilities, including swimming pools, fitness centers, and round-the-clock security services, to elevate the standard of living and attract potential renters and buyers. For investors, these amenities equate to higher rental returns and appreciation in property values over time. Additionally, with the constant influx of new condo launches, the condo market in Singapore remains a promising and dynamic investment opportunity.

Additionally, Peninsula Plaza’s close proximity to the City Hall MRT Interchange Station further adds to its appeal. It is now easier for potential buyers to access this property, making it a desirable investment opportunity.…

Brand New Land and Tellus Design: Revolutionizing Semi-Detached Living

The team at Brand New Land had a vision to bring the elements of luxury Good Class Bungalows (GCBs) into more accessible semi-detached homes. To achieve this, they enlisted the help of Pau Loh, managing director of Tellus Design, a well-known name in GCB design with whom they have a 30-year collaboration. Together, they created a collection of four semi-detached homes in Bukit Timah and Upper Bukit Timah that incorporate the best practices of GCB homes.

The semi-detached homes at 23 & 23A Maple Avenue boast an impressive frontage of over 24 meters. Inspired by the beauty of nature, the homes at 25 & 25A Jalan Selanting and 23 & 23A Maple Avenue are affectionately known as “The Great Trees Collection”. These homes range in size from 2,790 to 3,130 square feet, and each one comes equipped with a lift, swimming pool, and gourmet kitchen.

In line with Brand New Land’s philosophy of bringing value to their clients, the homes are priced within the bank valuation range, leaving room for potential upside for buyers.

GCB-Inspired Design Elements

The cityscape of Singapore is defined by towering skyscrapers and state-of-the-art infrastructure. With prime locations, condos in Singapore offer a perfect mix of opulence and practicality, making them a desirable choice for both locals and foreigners. These residential developments boast a plethora of facilities including swimming pools, fitness centers, and round-the-clock security services that elevate the overall living experience. These attributes also make them an enticing option for potential tenants and buyers, while investors can expect promising rental returns and long-term appreciation of their Singapore Condo.

Based on the concept of dedicated zones seen in large bungalow homes, the semi-detached homes feature separate areas for receiving guests, dining, gourmet cooking, and entertainment spaces, as well as different living zones for larger or smaller groups. The entrance area at 23 Maple Avenue offers stunning views of the pool and greenery, while 25 Jalan Selanting has private corners for intimate conversations. The second floor of 23 Maple Avenue seamlessly connects with the first floor while maintaining the privacy of separate living zones, and the Sky Terrace at 25 Jalan Selanting serves as an entertainment zone with a breathtaking view of Bukit Timah Nature Reserve.

“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,” emphasizes Alvina Teh, Co-Founder and Director of Brand New Land Group.

Ceremonial Entrances

“The experience of coming home, stepping in from the outside world into your own space, is something we hold close to our hearts when we develop our homes. We want to bring this special experience to our community,” says Tatiana Teh, Client Relations Director of Brand New Land Group.

Each semi-detached home has a ceremonial entrance framed by lush greenery, the soothing sounds and reflection of water, and warm and rich façade materials, creating a remarkable transition from outside to home. The homes at 25 Jalan Selanting and 23 Maple Avenue enjoy calming views of natural elements from various parts of the home.

Luxurious Architecture and Materials

Taking inspiration from Loh’s signature style that has proven successful for GCBs in Singapore’s tropical climate, the homes feature wide overhanging eaves and deep recesses that provide shelter and cool the interiors. Thoughtful execution of horizontal design elements, such as the wraparound golden sand façade treatment and horizontal planters, give the homes a spacious and luxurious aesthetic. The use of nature-inspired cladding elements at 23 Maple Avenue and rich midnight tones and timber-effect cladding make a statement. Inside the home, rich timber grain, precious marble, and German bath fittings create an atmosphere of quiet luxury.

Collaboration with Arclinea Singapore

Brand New Land has teamed up with luxury kitchen specialist Arclinea Singapore to create gourmet kitchen experiences in these homes. Both brands share the common objective of inspiring everyday connections in extraordinary kitchen spaces. With a predominantly GCB clientele, Arclinea brings a special 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 blessed to work alongside Pau Loh, a very skilled and steady architect, who helped make it happen. We are very excited for the future that these homes will create for the lives they touch.”

To view these homes, please call 8893 7602. For more information and updates on upcoming launches, visit www.brandnewland.com.sg and follow the group on Instagram, Facebook, YouTube, and LinkedIn. If you are interested in collaborating with the group or have land with development potential, please email comehome@brandnewland.com.sg.…

An HDB shophouse located at 214 Serangoon Avenue 4 will be put up for auction at SRI’s next auction on Feb 26 with a guide price of $1.98 million. The 99-year leasehold property comes with living quarters on the second floor and spans a total floor area of 1,668 sq ft, translating to $1,187 psf.

This is not the first time the shophouse has been listed for auction by SRI. It was previously up for auction in January with a guide price of $2.08 million, but did not find a buyer.

Assistant manager of auctions at SRI, Jansen Kee, says that the shophouse is strategically located in front of a bus stop, giving it good visibility from the road. It is currently tenanted and is generating a gross rental yield of approximately 6.2% based on the guide price, according to Kee.

The shophouse will be sold with its existing lease, which ends in 2026. This provides the new owner with an immediate stream of rental income. Kee also notes that the listed 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. The two-storey property spanned a land area of 2,319 sq ft and fetched $4 million ($1,725 psf) in November 2024.

When it comes to investing in condos in Singapore, one must also consider the government’s property cooling measures. Over the years, the Singaporean government has implemented various measures to control speculative buying and maintain a healthy real estate market. This includes the Additional Buyer’s Stamp Duty (ABSD), which imposes higher taxes on foreign buyers and those purchasing multiple properties. While these measures may impact the immediate profitability of condo investments, they ultimately contribute to the long-term stability of the market, making it a secure environment for investing. With the addition of new condo launches, the market continues to thrive and attract potential investors.

The property up for auction is situated within a cluster of HDB flats that border the Serangoon Gardens landed residential estate. It is located directly across the road from Serangoon Swimming Complex and Serangoon Sports Centre, providing the area with a steady supply of foot traffic. There are carparks available behind the shophouse.…