The Panorama

• By AngMoKioTower
• January 21, 2016

Plans for transforming Lentor are also in the works, with healthcare facilities being included to guarantee that local inhabitants can get fast and convenient access to health services. Furthermore, wellness centers and sports complexes are being considered to offer a complete approach to health and wellness.

The convenience of Lentor Mansion is further bolstered by its access to public transportation, such as the Lentor MRT Station located a mere 6 minutes away on foot. The surrounding neighbourhood is also well-supplied with bus services and numerous amenities. For those who value flexibility and convenience in their day to day travel, Lentor Mansion is the ideal choice. Its proximity to a multitude of expressways, arterial roads, and public transportation make it one of the most sought after areas for city-dwellers who require quick and reliable access into and out of Singapore.
Further, the park provides a convenient getaway from the hustle and bustle of city life.

Situated not far from Lentor Mansion, Lower Peirce Reservoir Park offers a tranquil escape to those looking to immerse themselves in nature. This lush park with its abundances of mature secondary forest and rich biodiversity is an oasis for wildlife watchers and nature lovers. Encircling the serene reservoir, the walking trails are a welcome respite from the heat, with the tall trees providing a cool, shaded environment that is both calming and reflective. Visitors can take in the peaceful atmosphere, do some bird watching or indulge in a pleasant photo walk through the park. With its proximity to the city, Lower Peirce Reservoir Park also serves as a convenient getaway from the hustle and bustle of urban life.

Your condo needs to be in excellent shape to attract the right kind of tenant. This could mean more than just a thorough cleaning; you might need to fix any lingering issues, update outdated fixtures, or even invest in some low-cost upgrades like a fresh coat of paint or new kitchen appliances. Be mindful of your budget and focus on changes that could potentially increase your property’s market value or rental price.

For those living around the area, Lumina Grand EC offers great convenience. Located next to Big Box, you can enjoy the convenience of one-stop shopping. From groceries to electronic appliances, Lumina Grand EC is your go-to place for all your shopping needs. Best of all, its space-efficient interior layout allows you to find items quickly and easily, so you can maximize your shopping experience and get all your shopping done in one go!

Big Box in the Jurong region is a great place to shop for your home! Boasting an impressive array of products, from electronics to furniture, it appeals to families and anyone looking for a wide selection. With a spacious layout and kid-friendly amenities, shopping here is convenient and enjoyable.

The list of shopping wonders near Orchard Boulevard Residences Condo is seemingly without end. One particularly noteworthy mention is The Forum Shopping Mall. It is geared particularly towards families, with a combination of stores for children, toy stores, and places to eat that are family-oriented. It is a superb place for residents with children, as it provides easy access to everything they require.

The URA has proposed a major shift in the form of thematic precincts within Orchard Road. Offering a diverse range of experiences to visitors and locals, these precincts will be distinct in character and offerings. Arts and culture zones are set to feature local and international displays while family-friendly zones will feature interactive parks and installations. The aim of this transformation is to make Orchard Road attractive to a wide array of people – from shopaholics to art connoisseurs, families, and those looking for leisure and relaxation.
Shopping enthusiasts will find Takashimaya Shopping Centre an attractive proposition, with its mix of international brands, and a range of Japanese products.

Marina Gardens Lane Residences is conveniently situated in close proximity to the iconic ArtScience Museum, allowing its residents to quickly access its breath-taking exhibitions. Combining elements from the realms of art, science, and technology, the museum is a must-visit for those who seek to experience new cultures. It provides a unique offering of both innovative and traditional art that enthralls visitors of all ages.

Residents in close proximity to the ArtScience Museum have the benefit of being able to quickly access exhibitions that combine elements from the realms of art, science, and technology. Its iconic lotus-shape structure is a sight to behold and provides a meeting place for those who appreciate culture.

Families living at Marina Gardens Lane Residences will be delighted with its close proximity to a range of top-notch schools, both in the immediate area and across the globe. Allowing school-going kids to enjoy top-flight education without long-distance commutes is another draw of the development for family life.

Positioned just a few kilometers away from Upper Thomson Road Condo, the Australian International School is the perfect choice for students from preschool to Year 12. It offers an international education, embracing the Australian Curriculum and International Baccalaureate, open to students of all nationalities.

Residents of Upper Thomson Road Condo are fortunate to be able to take a short drive or a pleasant stroll to Orchard Road – Singapore’s shopping paradise. This is where they can discover the multitude of luxurious malls, such as ION Orchard, Ngee Ann City, and Paragon, and be a part of a world-class shopping experience.

Upper Thomson Road Condo presents a comprehensive selection of amenities tailored to enhancing its occupants’ lifestyles. A 50-meter lap pool provides a recreation area for a much-needed break from the urban frenzy. The state-of-the-art gym enables regular exercise. A modern BBQ area and a plush function room are ideal for entertaining guests. Kids can make the most of the play area, while adults can find solace in the reading room.

Residents of Lorong 1 Toa Payoh Condo can enjoy a unique living experience in a neighbourhood that seamlessly blends heritage and modernity. This is thanks to plans by the URA Master …

December 2022 records: 5-room DBSS in Jurong West sold for S$858k, 2-room HDB in Choa Chu Kang sold for S$318k

• By AngMoKioTower
• December 7, 2022

A 5-room HDB level in DBSS development Lake Vista, along Yuan Ching Road, has just been sold for a record S$ 858,000 in December 2022, making it one of the most costly 5-room HDB resale level in Jurong West.

Yuan Ching Road Chip Eng Seng Condo

The previous record set for a 2-room level in CCK was in June 2022, when a 495-sqft device in the same block (10th-12th flooring variety) was cost S$ 305,000 (S$ 616 psf).

Getting on a high flooring, the record-selling device more than likely has an awesome view of this “panorama”.

The previous record holder for a 5-room HDB resale level in Jurong West was additionally at the very same growth but nearby block 138B. In August 2022, a 1,130-sqft device within the 13th-15th flooring range was cost S$ 805k (S$ 712 psf).

Would certainly you like to recognize just how much your property deserves? Or perhaps you’re thinking about detailing your residential or commercial property offer for sale? Allow us know, as well as we’ll have a professional reach out to you!

The emphasize of this block is that it faces Limbang Park and is beside the Limbang Mall. The growth is called Limbang Meadows, with TOP on September 2011 as well as a continuing to be lease duration of 87 years and 9 months.

Finished in September 2014, Lake View has a staying lease of 90 years 9 months. It comprises 682 units across 3-, 4- and 5-room level kinds.

The majority Tengah Plantation Close EC of the 5-room systems within Blocks 138B to 138D of Lake Panorama encounter the narrow, open field location bounded by Company Drive, Hu Ching Roadway and Yuan Ching Road. Their balconies forget low-lying structures formed by the Yuvabarathi International School as well as Jurong High School, with Jurong Lake Gardens to the east as well as northeast.

We ought to emphasise that this growth is nowhere near any type of MRT terminal (Lakeside MRT terminal is about 2.2 kilometres, or a 27-minute walk away). It is, nevertheless beside the SuperBowl Jurong shopping area (with a Sheng Shiong grocery store) and also is a brief drive along the AYE to the Tuas Second Link checkpoint.

Individually, a 495-sqft, 2-room (Design A) HDB resale flat at 535 Choa Chu Kang Road 51, situated within the 7th to 9th-floor range, had actually just set a document for 2-room apartments in the town when it was sold for S$ 318,000 (S$ 642 psf) in December 2022.

The 1,163-sqft unit, located within the 19th-21st flooring array at block 138C, was cost S$ 738 psf, which is likewise a psf cost document for 5-room apartments in the area.

The new sale also exceeded the record embeded in the adjoining community of Jurong East, where the existing owner is a 1,324-sqft, 5-room (Improved) HDB resale flat at 288D Jurong East Street 21, sold for S$ 805,000 (S$ 608 psf) in April.
Blocks 138B to 138D of Lake View Yuan Ching Road
Blocks 138B to 138D of Lake Vista DBSS ignore low-lying buildings created by an international college and Jurong Secondary School.

The closest MRT terminal to Block 535 Choa Chu Kang St 51 is Yew Tee MRT station, about 800 metres away or approximately a 10-minute walk. Choa Chu Kang MRT station is south of the block, which is roughly 1.3 kilometres away (concerning an 18-minute walk).…

Singapore Real Estate Investment Benefits From Flight-to-safety Among Investors

• By AngMoKioTower
• November 24, 2022

This lacklustre sentiment was shown in a 38% y-o-y fall Orchard Boulevard Condo in regional deal volumes in 3Q2022 to US$ 32.6 billion. This was the most affordable 3Q volumes for a years in the area, the report claims.

Investors need to take a much more careful strategy on new possession acquisitions in some Asian markets and also pivot their emphasis from standard possession classes in the direction of a range of niche areas that provide brighter outlook, the record states, including that this could consist of defensive sanctuaries as well as new-economy themes.
The checked realty players highlighted multifamily, hotels, senior living, as well as logistics industry residential or commercial properties as defensive sanctuaries. At the same time, protective realty would include favourable characteristics such as lease indexation, much shorter lease term, and trustworthy recurrent incomes.

Bukit Batok EC

Meanwhile, Tokyo continues to take pleasure in aner-zero rates of interest setting which ensures reduced relative loaning expenses as well as a more favorable spread over the price of financial obligation.
These were the searchings for from the 17th version of the Emerging Trends in Real Estate Asia Pacific Record by the Urban Land Institute and PwC., which was published on Thursday November 24.

Singapore, Tokyo, and also Sydney ranking as the leading three markets among capitalists. Singapore gained from the redirection of funding that might otherwise have been deployed to possessions in Mainland China and also Hong Kong.

The report is based upon a study of 233 realty professionals and also 101 interviews with investors, programmers, property company representatives, and also lender brokers.
In general, the report kept in mind a downtick in investor sentiment in the middle of problems over the rising price of debt, higher inflation, as well as a looming recession. These factors saw numerous capitalists decide to put on hold acquisition tasks till forecasts of global rate hikes come to be clearer.
“Rising rate of interest and the slowing down worldwide economic climate are beginning to influence local property appraisals JCube Residence and altering the way investors analyze prospective deals,” says David Faulkner, head of state of ULI Asia Pacific.…

Savills: Private residential rents at highest levels in 24 years

• By AngMoKioTower
• November 11, 2022

Bukit Batok EC

“Come 2023, the supply crisis in the rental market might relieve as well as job numbers might rise when 18,234 new private residential systems are finished,” states Alan Cheong, executive supervisor of Savills Study. “Rent increases might slow down in 2023 as demand moderates and brand-new supply comes online,” he says.

Savills notes that the month-to-month rental attained at those 2 projects is comparable to those at noticeable developments in the Core Central Area such as The Sail @ Marina Bay ($ 6.24) as well as Marina One Residences ($ 6.64).

On EdgeProp’s residential or commercial property study tool, users can locate information of an exclusive property development.

Especially, Savills highlights that the leading two tasks with the highest non-landed household housing are newly completed projects in the Rest of Central Area (RCR). They are Stirling Residences and Park Colonial.

Making use of EdgeProp’s study tools, Stirling Residences has an ordinary rent of $7.1 psf per month (pm), while Park Colonial has an ordinary rental fee of $6.5 psf pm.

The domestic leasing market is expected to stay limited for the remainder of the year, the consultancy states.

Rental fees of landed as well as non-landed properties tape-recorded quarterly increases of 10.9% as well as 8.3% in 3Q2022. According to Savills Singapore, the rental index of these residential property types struck document degrees in 24 years because the start of the URA time collection in 4Q1998.

The rates of interest hikes that is continuous brought about property owners enhancing rental fees as their mortgage settlements are anticipated to enhance concurrently, claims Savills

In general, property leasing quantity in 3Q2022 increased 20.5% q-o-q to an overall of 25,382 purchases. This is the largest quarterly boost in renting volume because 3Q2020 when rental transactions increased 34.6% q-o-q.

The number of landed homes being rented out in 3Q2022 raised to 1,812 deals, up from 1,228 deals in 2Q2022. At the same time in the non-landed section, Savills notes that were was a “sharp q-o-q increase” of 18.8% to 23,570 deals last quarter.
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“The surge in renting quantity of residential residences featured the return of foreign students as well as expatriates– as boundary constraints and also social distancing measures reduced– coupled by citizens seeking for temporary substitute homes and delays in conclusion of new homes,” states Savills.

According to Cheong, “based upon historical correlations, 2023 will be a vital year to see if rental fees will remedy as a result of the convergence of the economic cycle”.…

CapitaLand Development opens executive learning centre Catapult at Rochester Commons

• By AngMoKioTower
• November 9, 2022

CapitaLand Growth has actually opened up a new executive discovering centre at Rochester Commons, a mixed-use advancement in Buona Panorama. The area is developed and also handled by CapitaLand Growth.

“Catapult is tactically situated in Singapore’s one-north precinct, house to a vivid collection of distinguished organization schools and also institutes for higher understanding. Created based upon the principles of development and also visibility, Launch is specially produced to satisfy the needs of company colleges, discovering as well Lumina Grand EC as development units of organisations as well as executive business institutions,” says Tan Yew Chin, CEO of CapitaLand Development.

Tan includes that Catapult has been curated to fit regional, local, as well as global C-suites and executives. Catapult has actually also welcomed Orchard Condo IMD Southeast Asia Exec Knowing Centre as well as Human Funding Leadership Institutes as partners.

The 54,000 sq ft area occupies part of the 2nd flooring and also the whole third flooring at Rochester Commons. Several of its centers consist of Singapore’s very first industrial 180-degree and 360-degree immersive studios with the most up to date Igloo immersive technology. Each of these workshops are fitted with hybrid-ready video cameras.

Catapult’s 180-degree immersive workshop is furnished with a high-definition LED wall surface and 3 hybrid-ready camera.

Jurong East Condo

Catapult likewise features a 200-seat amphitheater, 26 finding out workshops, an executive boardroom, and also a media production studio. These spaces are fitted with high-grade audio proofing, acoustics as well as cameras to promote streaming.

Read likewise: Integrated advancement Rochester Commons by CapitaLand to be completed in 4Q2021
Rochester Commons likewise houses service resort Citadines Connect Rochester Singapore, by The Ascott Ltd. The 135-room resort has a mix of studio devices, including premium and luxurious systems.…

Profitable neighbours of unprofitable condominiums

• By AngMoKioTower
• August 29, 2022

Additionally, the bulk of Bedok residents are in between 45 as well as 64 years old. Residents who are between 25 as well as 34 years of age and also teens also make up a considerable team.

It is notable that Caribbean at Keppel Bay has only three unprofitable deals over the past 12 months compared to 62 unprofitable purchases for its next-door neighbor Reflections at Keppel Bay. In addition, systems at Reflections at Keppel Bay are bring approximately $1,700 psf– $23 psf greater than Caribbean at Keppel Bay.

Eco as well as Urban Vista are located within 500m of each other in District 16 and the Bedok planning area. Both are leasehold condos; but Eco is a year younger than Urban Vista, having gotten TOP in 2017. Close-by amenities for both consist of Tanah Merah MRT Station (East-West Line or EWL), East Village as well as Anglican High School.

The leasehold condo lies in District 4 as well as Bukit Merah planning area. Neighboring services include HarbourFront MRT Station (North-East Line, and Circle Line or CCL), Telok Blangah MRT Station (CCL) VivoCity, Harbourfront Centre and Mount Faber.

The nearest neighbour to both growths is Grandeur Park Residences which is sandwiched between them. The Tanamera lies close to Urban Vista while Bedok Court is beside Eco.

In June, The Sail @ Marina Bay had 30 unprofitable deals and also 27 lucrative deals. At the time of writing, the leasehold condominium has 28 unprofitable and also 28 lucrative purchases over a 12-month duration.

The Sail @ Marina Bay is a leasehold condo located in District 1 and Downtown Core preparation area that obtained TOP in 2008. Nearby services consist of Raffles Place MRT Station (EWL, and also North-South Line or NSL), Marina Bay MRT Station (NSL, CCL, and Thomson-East Coast Line or TEL), Lau Sat, Fullerton Bay Hotel, Marina Bay Link Mall as well as Marina Bay Sands.

Consisting of Eco, there are 10 condominiums within a 500m distance. Eco is the largest advancement with 748 systems and also Tanah Merah Mansion is the tiniest with just 36 systems.

Many unlucrative condos have profitable neighbours, so it pays to do your study and also shop around prior to joining the dotted line.

The Sail @ Marina Bay has five neighbours with 2,199 systems within a 500m span. The local neighbor is Marina Bay Suites. The Sail @ Marina Bay is the largest with 1,111 units, followed by Marina One Residences.

Per our earlier post about unlucrative condos, the moment of purchase contributed to the losses suffered by some proprietors of Urban Vista. Eco has several one-bedroom devices that are more suitable for tenants, but just 11% of the residents in Bedok are renters and also 87% are owner-occupiers.

Parc Rosewood has the most sales purchases which can be connected to it being the largest growth with 689 devices. In comparison to the 25 unprofitable deals of Parc Rosewood, Woodhaven had only six unprofitable sales.

Out of the leading three most profitable transactions for Woodhaven, 2 were bought in 2011 Panorama location

Several Downtown Core condominiums are still costing a loss in spite of the existing bullish residential or commercial property market. This could be a window of chance for smart investors to grab a bargain.

In June, we covered the five condominiums that had one of the most unlucrative deals over a 12-month period.

In June, Reflections at Keppel Bay had 65 unlucrative and 26 lucrative purchases, earning it the dubious honour of being one of the most unlucrative condominium in Singapore. At the time of creating, the variety of unprofitable purchases for Reflections at Keppel Bay still much exceeded lucrative ones with 62 unlucrative as well as 30 rewarding purchases over the past 12 months.

The ordinary rate of Woodhaven is the most affordable amongst its prompt neighbours, the average resale cost for condominium systems in Woodhaven has actually grown 5% given that 2015, exceeding leasehold condominiums in Woodlands (1%).

There are six condos with 1,772 devices within a 1km span of Parc Rosewood. Parc Rosewood has the highest typical rate of $1,076 psf with Woodhaven bringing up the rear at $774 psf.

At the time of composing, Eco as well as Urban Vista has much more unlucrative than rewarding transactions over the past 12 months. Interestingly, their nearby neighbor, Grandeur Park Residences, bucked the pattern with five times extra successful deals than unlucrative ones.

Representations at Keppel Bay has 7 neighbours with 2,481 units within a 1km distance. Representations at Keppel Bay is the largest advancement with 1,129 units.

Woodhaven would certainly be the closest in age to Parc Rosewood. Woodhaven received TOP in 2015, a year after Parc Rosewood. In contrast to the 25 unprofitable transactions of Parc Rosewood, Woodhaven had just six unprofitable sales.

An assessment of the leading three most successful transactions for Caribbean at Keppel Bay shows that all 3 systems were gotten prior to the optimal in 2007 at below $1,000 psf, which enabled the vendors to earn profits of over $1.0 million. This is despite two vendors marketing their system at listed below the current average rate ($1,677 psf) for the condominium.

Age of the populace in Downtown Core is manipulated in the direction of 35 to 49 years old. Rental need for condominiums near the CBD is anticipated to boost, as even more expatriates move in line with the progressive easing of travel aesthetics for Singapore.

Out of the top 3 most successful deals for Woodhaven, 2 were bought in 2011 when the project was released. This indicates the sellers are probably the first purchasers who awaited rates to rise to the existing high level prior to liquidating their property. Their persistence gained them a neat earnings regardless of Woodhaven having the lowest typical cost among the condos in the prompt area.

Parc Rosewood is a condo situated in District 25 and also the Woodlands intending location. The leasehold growth got TOP in 2014. Singapore Sports School, Si Ling Primary School and …