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Discover Unique Dining Options at the Rail Mall near Hillhaven Condo

Visitors looking to enjoy the great outdoors can make their way to Hillhaven. The condo offers an abundance of parklands with plenty of green spaces. Whether you just want to relax with a book or enjoy a picnic, Hillhaven has everything you need for an afternoon outdoors. It is not without reason that Hillhaven is known to be one of the most sought-after places for those wanting to unwind. Enjoy the parks and come back to Rail Mall for more dining and shopping!

Rail Mall, conveniently located near Hillhaven Condo, offers a unique variety of dining choices. From The Big Bern’s American Grill that serves hearty American cuisine, to BlooiE’s Roadhouse with its tempting selection of Singaporean dishes, there’s something to suit everyone’s taste. Cedele, the mall’s well-loved café, has proven especially popular amongst those looking for healthy, homemade food and organic coffee.

Hillview Rise at the Hillhaven Condo offers a serene residential environment, perfect for those who prefer a slower pace of living far from the busyness of the city. With its low-density residential area, Hillview Rise creates an atmosphere of peace and tranquility that is highly attractive to those looking for restful surroundings.

Hillhaven Condo signifies an incredible balance between urban living and the picturesque beauty of nature. Located conveniently close to some of Singapore’s finest natural parks, combined with its lush, natural surroundings, this unique residential complex provides the modern lifestyle with an unparalleled access to a tranquil natural space. Whether it’s for nature lovers, fitness fanatics, or those looking for a peaceful environment to reside in, Hillhaven Condo serves as a verdant paradise in the middle of the city.

HillV2 is an indispensable part of the Hillview community and is a two-level retail and lifestyle mall delivering a premium shopping experience. Adjacent Hillhaven Condo Far East, Rail Mall is another shopping centre providing varied retail and dining options, along with medical services and grocery stores. West Mall, located in the Bukit Batok MRT Station neighbourhood, is a seven-storey edifice comprising a wide variety of retail outlets, eateries, a movie theatre and a public library.

Residents living in the Hillhaven Condo area can choose from a vast selection of education opportunities, ranging from primary to tertiary levels. Prominent institutions in the area include Lianhua Primary School, Hillgrove Secondary School, German European School Singapore (GESS), and St. Francis Methodist School.

Located a mere few minutes away from Hillhaven Condo Far East, resides the Singapore Quarry Park, a secluded oasis perfect for a tranquil afternoon picnic or bird watching. It is an ideal destination to escape from the hustle and bustle of the city and to enjoy a peaceful respite.

Hillview Rise is an ideal location for families with school-going children, due to its proximity to several highly-regarded educational institutions, such as the German European School Singapore and CHIJ Our Lady Queen of Peace. The Hillhaven Condo, situated nearby, also offers quality education options for those seeking them.

Positioned in the midst of a lively neighbourhood, Hillhaven Condo near Hillview MRT Station offers an array of diverse amenities, thus making it a perfect home for families. Its distinctive feature is its proximity to several renowned educational institutions. This is beneficial for families who live in Hillhaven Condo Hillview MRT Station, allowing them to have easy access to some of Singapore’s premier educational facilities.
, which is now closed.

The Rail Mall stands out due to its unique ambience. The low-rise architecture, reminiscent of Singapore’s past, coupled with an array of eateries and stores, makes it a popular destination for casual walks and meals. There is a booming café scene here, with places such as ‘Cedele’ and ‘The Coffee Bean & Tea Leaf’. Additionally, the historical link to the former KTM railway, which is now closed, gives The Rail Mall an added charm.

Positioned in a desirable and convenient location, Hillhaven Condominium Far East Organization is surrounded by a variety of bus stops, where commuters can take advantage of several bus services such as 173, 176, 177, and 963. These services offer seamless connections to a host of popular destinations in and around the city, including Choa Chu Kang, Bukit Panjang, Jurong East, and HarbourFront. The efficient and reliable bus system enables residents to plan their commutes with ease and flexibility, complementing the existing MRT services.

The diversity of dining options at Hillhaven Condo Hillview is remarkable. Whether you’re looking to celebrate a special occasion, grab a casual breakfast, get a quick cup of coffee, or take out dinner, Hillhaven Condo can provide the perfect experience for any situation. The wide variety of restaurants, from fine dining spots to trendy cafés and casual eateries, make Hillhaven Condo an ideal place to satisfy anyone’s culinary desires.

The Urban Redevelopment Authority of Singapore has a clear and ambitious vision for high-quality, accessible and sustainable living environments and Hillhaven Condo Hillview Estate exemplifies this ideal. It is connected to a host of public transport options and major expressways, enabling residents to easily travel to any part of the country with great ease and efficiency. From the country’s lively city centre and educational institutions to its popular shopping and leisure attractions, Hillhaven Condo Estate is brilliantly positioned for an enjoyable lifestyle. It truly provides a remarkable living spot that is connected to Singapore’s energetic culture.

The Hillhaven Condo Far East Organization precinct is home to the well-known Wine Connection Bistro, a haven for wine aficionados and fans of Western-style dishes. This dining establishment is more than a great eatery; it doubles as a communal area where locals often meet to spend a leisurely evening, or say ‘cheers’ for birthdays, anniversaries, and other milestones.

Lianhua Primary School, located at Bukit Batok Street, is one of the most popular primary schools in the area. It is renowned for its dedicated staff members, student-oriented curriculum, and emphasis on overall development, offering students not only academic excellence but also key life skills.

The presence of schools in the Hillview Estate is a great benefit to the community. They not only provide basic education, but also have a positive effect on the neighbourhood. School activities such as events, fairs, and festivals are often community-wide events that help create a close bond between the people living there and cultivate a lively atmosphere. Overall, these schools contribute to a strong sense of community in the Hillview Estate.

Hillview Rise Far East Condo boasts excellent connectivity to the Downtown Line. With the Hillview MRT station located at its doorstep, residents are able to reach the CBD in a matter of minutes. This high-speed Mass Rapid Transit (MRT) line features state-of-the-art trains that rapidly cover large distances, making it conveniently easy to get to key locations such as Marina Bay, Chinatown, and Bugis. With Hillhaven Condo, commuters are granted direct access to the Downtown Line, allowing them to swiftly reach their destination.

The Hindhede Nature Park is located in close proximity to Hillhaven Condo Far East and is well-known for its tranquil and beautiful scenery. It is ideal for family days out, with its easy trails and well-equipped playgrounds. A particular favourite of visitors is the Hindhede Quarry, which is renowned for its stunning view and is frequented by photography aficionados and nature devotees.

Near Hillhaven Condo and Hillview MRT location, there are schools whose proximity provides residents with great benefits. For parents, this convenience translates to reduced travel times which can be better spent on other things. Furthermore, this enviable situation allows students to achieve a great balance between school and leisure, as they have more time to relax, study, and engage in recreational activities.

One of the greatest assets of West Mall is the sheer range of goods and services it provides. From fashion and dining to entertainment and learning, this mall has something for everyone. Part of its charm is the inclusion of a theater and library, making it an exciting and multifaceted destination.

Located in Hillview, Hillhaven Condo represents a great example of modern residential living. Its luxurious homes are tucked away in lush greenery, while its residents are offered convenient connections to different locations in the city-state. This estate has become increasingly attractive over the years, with transportation networks that have been vastly improved to make travelling to and from different parts of Singapore more straightforward.

Located in Singapore’s western region, Hillview Estate’s Hillhaven Condo is a stunning residential enclave that manages to combine an atmosphere of peace and quietness with provisions for a convenient and modern city lifestyle. A major part of this is the variety of shopping centres that are located in the area, which make it easy for residents to fulfill all their everyday necessities and recreational activities. This combination of features is certainly responsible for Hillhaven Condo’s significant, alluring qualities.

St. Francis Methodist School, located on Dairy Farm Road, is another fine school near Hillhaven Condo Far East. It offers both pre-university and secondary education, and is noted for providing a demanding curriculum that prepares pupils for the GCE ‘O’ Level tests. The school has character-building initiatives integrated into its programs, which aid in the development of holistic individuals.
GESS boasts a range of after-school activities and a wide range of sports including, gymnastics, swimming, Taekwondo, badminton, basketball, football, and more. It also provides an excellent music program that offers private lessons and instruments.

The German European School Singapore (GESS) is a significant institution located in the vicinity of Hillhaven Condo Hillview MRT Station. It is an international school that provides education for pre-school to secondary-level students, and follows the International Baccalaureate (IB) system. This makes it an ideal choice for families looking for an international curriculum. Furthermore, GESS is reputed for its multicultural environment, which promotes inclusivity, global awareness, and diversity among its students. The school also offers a wide range of after-school activities and sports, such as gymnastics, swimming, Taekwondo, badminton, basketball, football, and more. Additionally, GESS also has an excellent music program that provides private lessons and instruments.

Dining establishments around Hillhaven Condo are much more than just food outlets; they create as social gathering places designed to bring the community together and bolster a sense of togetherness. With their cozy atmosphere and gracious hospitality, these restaurants have evolved into extensions of the residents’ homes.

Despite its tranquil atmosphere, Hillhaven Condo Far East is anything but cut off from the action. In fact, the wide range of facilities on offer ensures that residents have access to all the modern conveniences needed for everyday living. Shopping centres such as HillV2 and the Rail Mall come with plenty of retail stores, eateries, and necessary services, making life easier and more pleasurable. For even more options, bustling Orchard Road is just a short drive away, offering endless entertainment, shopping, and dining opportunities.

Hillhaven Condo at Hillview is conveniently connected to the Singaporean road network via two key expressways: the Bukit Timah Expressway (BKE) and the Pan Island Expressway (PIE). Sitting just a short distance away, these two highways provide occupants with swift access to the Central Business District (CBD), Changi Airport, and other important destinations throughout the city-state.

The Urban Redevelopment Authority (URA) has successfully tendered Hillhaven Condo at Hillview Rise to the highest bidders. On August 31, 2022, the site was put up for tender and on November 3, 2022, Far East Civil Engineering (Pte.) Limited and Sekisui House, Ltd. emerged as the successful bidders. The Condo is leased for a period of 99 years.

Sekisui House and Far East Organization are presented with an exceptional opportunity to design a noteworthy residential property in the sought-after Hillview Estate, Singapore. Hillhaven Condo lies in the midst of a verdant environment and is equipped with modern facilities, resulting in a harmonious blend of peacefulness and conveniently. Treasured by locals, Hillview is renowned for its close proximity to nature, premier educational institutions, exemplary transport system and a plethora of lifestyle amenities.

The Hillview Estate neighbourhood is a special area, brimming with both tranquillity and convenience. It is to no surprise then that the shopping centres …

UOL Group’s Tampines Ave 11 Condo to Welcome New Community Plaza With Lush Green Spaces by Year-End

Tampines Ave 11 Condo UOL Group residents will also be delighted to learn that a new community plaza is scheduled for completion by the end of this year. With lush green spaces, this plaza promises to be a great spot for activities such as sports and picnics. Ultimately, these plans will enhance the liveability of the area and provide a sense of community among the residents.

The plan outlines the establishment of Quarry Park – an exciting new park with a stunning water body. Situated close to Tampines Ave 11 Condo, this park offers residents a convenient recreational spot. Furthermore, Boulevard Park is set to be built along Tampines North Boulevard, providing a refreshing green stretch linking different parts of Tampines North.

Residents of Tampines Ave 11 Condo who are car owners can benefit from ample parking services. The facilities are spacious, secure, and illuminated; this multi-leveled parking system gives residents space for their vehicles and assurance that their cars will be safe.

The excellent connectivity of Tampines Ave 11 Condo makes it even more appealing to educational institutions. It boasts a comprehensive network of public transport, making it easy for students to get to and from school. Whether they choose to take the bus, MRT, or even walk, they can be sure of an effortless and convenient journey.

The neighbourhood of Changi is home to the Singapore University of Technology and Design (SUTD), Singapore’s fourth autonomous university. It provides a special, design-focused educational program that encourages originality and innovativeness. Having an renowned university located in the area is certainly a great asset for families with school-age children considering post-secondary schooling options.

Tampines 1 offers a unique retail experience for those living near Tampines Ave 11 Condo. This shopping mall provides an exciting selection of shopping, dining, and lifestyle outlets to suit the needs of people of all ages. Trendy boutiques, beauty salons, and a vast array of restaurants make up the bustling mix of attractions within the mall, making something for all to enjoy.

Tampines Ave 11 Condo is perfectly positioned in a strategic location in the mature town of Tampines, Singapore, and boasts a wealth of good schools nearby. This makes it an optimal choice for families with children of all ages, ranging from pre-school to tertiary level. Residents of this area are afforded access to many renowned educational institutions.

The potential for increased property values and greater rental demand that can be found in mixed-use developments is due to the collection of amenities and services that are available. Tenants and buyers may be enticed to pay extra for the convenience and lifestyle benefits these types of constructions provide. Furthermore, the combination of residential and commercial buildings can diversify the sources of income, leading to even greater returns on investment.
Mixed-use developments also offer the potential for higher capital gains, making them an attractive choice for investors and homeowners alike. For these reasons and more, Tampines Avenue 11 Condo and other similar mixed-use developments are sure to continue to be popular in the years to come.

It is clear that the mixed-use development of Tampines Avenue 11 Condo is extremely advantageous compared to traditional condominiums in relation to ease of access, lifestyle options, potential property value, and an overall sense of community. This type of living arrangement offers a comprehensive experience, enabling individuals to satisfy various needs within one location. Today’s hectic lifestyles yield a high demand for convenience, and mixed-use projects such as Tampines Avenue 11 Condo provide the opportunity to live with amenities only a stone’s throw away. Furthermore, this type of development could potentially lead to a surge in capital gains, making it an ideal option for both homeowners and investors. All things considered, it is no surprise that mixed-use developments like Tampines Avenue 11 Condo will remain a sought-after choice in the years to come.

Those looking for a great means of getting around Singapore easily should look no further than the PIE, TPE and KPE. Connecting to the central business district of the city, the PIE is a great way to access the area. The TPE and KPE, on the other hand, are ideal for reaching the northern and central parts of the island. This means that those needing to commute to work or simply wanting to explore the city will be able to do so quickly and conveniently using these expressways.

For the ultimate shopping experience, you can explore the multitude of options at various other malls nearby. Changi City Point, Downtown East, and Century Square are amongst the other shopping havens in the vicinity. All these malls offer a diverse selection of products, from big-name brands to niche items. Whether you’re looking for a new outfit or an electronic appliance, you’ll be sure to find what you’re looking for. With all these shopping options close by, you can fulfill your shopping desires without having to travel too far.

Moreover, the condo sits near a vibrant market place, where locals head for fresh produce and unique items. With its myriad of stalls selling everything from fresh fruits and vegetables to clothing and household items, the local wet market is a great spot to pick up some great bargains.

In short, the condo’s location offers unmatched convenience for shoppers. With all the shopping amenities nearby, you can shop for whatever you need without having to venture out too far. From modern malls to traditional wet markets, the condo gives you the perfect opportunity to explore the best of Singapore’s shopping scene.

Tampines is recognized as a cycling town in the Master Plan. The plan provides for the addition of new cycling paths to the current network, ensuring that cycling is safer and more enjoyable. Residents of Tampines Ave 11 Condo will be able to take advantage of this convenience of cycling, promoting a more sustainable and healthier way of life.

Standalone condominiums provide private residential spaces, but often without the commercial and communal amenities. Residents may be required to travel for basic services, dining, or entertainment. Interaction between residents may be limited to the confines of the residential community, resulting in a less prominent sense of community.

A key part of the PUB Master Plan is the expansion of Tampines – Tampines North. This new area is intended to be an “early bloomer” of Tampines, a place for residents to live, play and work, with modern parks, housing and commercial spaces. The upcoming Tampines Ave 11 Condo will enjoy the numerous benefits of the growth of the area.

The Jewel Changi Airport is a glittering jewel in the already vibrant shopping landscape. A mere drive away, Jewel offers a world-class lifestyle experience that combines nature, shopping, and dining in one place. Boasting over 280 shops and eateries, a majestic indoor waterfall, and a magnificent indoor forest, Jewel is a must-visit for those looking for an extraordinary retail adventure.

Stand-alone condominiums usually offer fewer facilities than mixed-use developments. While they may include amenities such as swimming pools, fitness centers and barbecue areas, they often lack the commercial spaces, community organizations, or public transportation access that mixed-use properties feature.
Furthermore, pedestrian and cycle paths will be improved, encouraging more residents to opt for active mobility choices. Additionally, the plan includes plans to plant more trees and promote conservation efforts, helping to create a healthier environment.

The Master Plan places a great emphasis on the formation of a strong community. To this end, new community centres and hawker centres will be created, one of which will be part of the Tampines Ave 11 Condo mixed-use development. These amazing facilities will create social spaces for people to come together and build meaningful relationships. For those who prefer a more active lifestyle, there will be improvements in the pedestrian and cycling paths, encouraging residents to make more active transport choices. Finally, the plan includes initiatives to enhance green spaces by planting more trees and promoting conservation efforts, effectively helping to create a more livable and healthy environment.

In summary, the URA Master Plan for Tampines will be a boon to Tampines Ave 11 Condo residents. This plan includes upgrades for infrastructure, transport links, green spaces, commercial offerings and community spaces, all of which will significantly improve the living experience for those who call the condo home. Investing in a property like Tampines Ave 11 Condo then is a chance to become part of an ever-changing and invigorating neighbourhood that promises to be a rewarding and fulfilling place to live.

Tampines Ave 11 Condo’s joint venture bid of $885 psf ppr would point to residential unit prices in the future development starting off at $1,900 psf. The appeal of mixed-use developments with extensive retail components appears to suggest that today’s homebuyers could be ready to pay more than S$2,100 psf.

Situated in the heart of Tampines, the development is surrounded by an abundance of retail, dining, and entertainment options such as Tampines Mall, Century Square, IKEA Tampines, and Tampines Hub. Residents can also enjoy easy access to nearby recreation spots like the Singapore Sports Hub, Singapore Indoor Stadium, and Bedok Reservoir Park.

Tampines Ave 11 Condo’s strategic location presents a plethora of benefits for residents, including an effortless commute to the Central Business District, Changi Airport, and even nearby Malaysia. The development’s enviable position within the East region further enhances its potential as a popular and sought-after residential destination.

The highly-anticipated Tampines Ave 11 Condo enjoys a prime location within Singapore’s East region, offering great connectivity for residents, with its proximity to public transport and expressways. Situated in the heart of Tampines, the development is surrounded by ample retail, dining, and entertainment options, as well as easy access to nearby recreation spots. This strategic location allows for a hassle-free commute to the Central Business District, Changi Airport, and Malaysia. These features make Tampines Ave 11 Condo a highly desirable residential destination, offering unparalleled convenience and lifestyle advantages to its residents.

Located right in the centre of a flourishing network of shopping centres and eateries, Tampines Ave 11 Condo provides its residents with an invigorating urban living experience. Boasting a plethora of amenities in its vicinity, the condo is sure to keep its inhabitants delighted with its mix of comfort, convenience, and lifestyle offerings. Be it shopping or eating out, a stay at Tampines Ave 11 Condo will be a thoroughly rewarding one for anyone who loves the hustle and bustle of an urban lifestyle.

The Tampines Ave 11 Condo is a great option for families looking for an excellent educational environment for their children. It is conveniently situated close to a variety of exceptional educational institutions, catering to a wide range of age groups and educational levels. Therefore, whatever the educational requirements, residents of Tampines Ave 11 Condo can find the perfect school for their children, making it the perfect place to bring up a family.

Century Square recently underwent a major renovation, turning it into a vibrant six-story retail and lifestyle hub. From cinemas to eateries to stores, the centre has something for everyone, making it an ideal destination for families and individuals alike. Now boasting entertainment, dining, and retail options galore, Century Square is solidifying itself as another great shopping destination in the locale.

Tampines Avenue 11 Condo offers a great advantage to frequent flyers, given its close proximity to Changi Airport – only a short drive away via the PIE. Moreover, the nearby Changi Business Park, a hub for many multinational corporations, makes the condo appealing to professionals working in the area, allowing for an easy and convenient commute.

Tampines Ave 11 Condo’s top-notch connectivity to various parts of Singapore not only offers occupants great convenience but could also elevate property values in the long run. With its easy access to several transportation alternatives, these condos could become a highly attractive investment, capturing the attention of both potential homeowners and investors.

In Tampines, there are a wealth of education options available to students looking to further their education. In addition to the numerous primary and secondary …

Hong Kong’s Shui On Land forms JV for Shanghai redevelopment project

Shui On Land, a Hong Kong-listed property company, has announced a joint venture with state-owned enterprise Shanghai Pucheng to carry out a redevelopment project at Pujiang Town, in the Minhang district of Shanghai, China. The project will focus on the redevelopment of Zhaojia Lou Ancient Town, a popular, AAAA-rated tourist attraction. This area is bordered by the Shanghai Shenjiahu Expressway, the Shanghai North-South Elevated Road and two subway lines.

The joint venture between Shui-On Land and Shanghai Pucheng will redevelop land parcels bordered by Jiageng Road to the east, Yaojia Bang to the south, Huichi Road to the west and Xiaoyan Lake to the north. The new development will include residential, commercial and ancillary facilities and will attempt to preserve the unique history and culture of Pujiang Town.

Jessica Wang, CEO of Shui On Land and the Shui On Group, expresses confidence in the success of the redevelopment project. “Over the past 30 years, Shui On Land has developed a strong foothold in Shanghai and participated in urban renewal projects with proven capabilities in master planning, cultural preservation, community operation and urban regeneration.” She also highlights their successes in the Panlong Tiandi project in Shanghai as an example of their ability to successfully undertake urban-village renovation.…

Five-bedder at Parc Stevens sold for $2.65 mil profit

Parc Stevens in District 10 was the site of the most profitable condo resale transaction recorded during the week of April 4 to 11 according to caveats lodged. On April 10 a first-floor unit spanning 3,466 sq ft with five bedrooms sold for the impressive sum of $7.86 million, a significant increase from the price of $5.2 million it had been purchased for in April 2007. This resulted in a massive profit of $2.65 million or 51% after a 16 year holding period.

This sets the highest psf-price ever seen at Parc Stevens, composed of three lowrise blocks spanning four storeys each, and marks the first unit sold at the development this year as well as the second most profitable transaction ever recorded. Last May, a 3,305 sq ft unit on the fourth floor changed hands at an astounding $1,885 psf or a gain of $2.73 million.

The second most profitable transaction took place at Yong An Park, a freehold condo in the River Valley area. On April 6 a four-bedroom unit measuring 3,434 sq ft on the 10th floor was sold for $8.1 million, resulting in a 35% profit of $2.08 million over an 11 year period for the seller.

The most unprofitable transaction was recorded at Marina Bay Suites. The 2,680 sq ft four-bedroom on the 25th floor, purchased from the developer for $6.39 million in December 2009, sold for $5.25 million on April 10 resulting in a loss of $1.14 million or 18% for the seller. This development is a 99-year leasehold, with 221 three- and four-bedroom homes ranging in size from 1,572 to 2,691 sq ft.

Since the beginning of 2021, with the exception of the unit sold in March, all units at Marina Bay Suites have sold below the purchase price. Losses range from $7,000 to $3.25 million.

The week in review showed sizeable profits at Parc Stevens, Yong An Park and even large losses at Marina Bay Suites, despite its location in the Marina Financial District. It is clear that the success of any resale transaction hinges on many factors, including the location and length of the holding period.…

EL Development draws 4,000 at three-day preview of Blossoms By The Park

, and the Greater Southern Waterfront

Since its sales gallery opened on April 14, Blossoms By The Park has seen an impressive 4,000 visitors in the past three days, mostly locals according to Lim Yew Soon, managing director of EL Development. The 275-unit private condo stands tall at Slim Barracks Rise in One-North and is set to launch on April 29. The property features a mix of 1 to 4 bedroom premium units appealing to potential investors.

Prices begin at $1.291 million ($2,352 psf) for a 1 bedroom plus study and move up to $1.499 million ($2,211 psf) for a two bedroom. Additionally, two bedroom plus study units start from $1.585 million ($2,198 psf), while 3 bedroom dual-key units begin at $2.082 million ($2,276 psf). Three bedroom units are priced from $2.279 million ($2,183 psf), 4 bedroom units start at $2.921 million ($2,243 psf), and 4 bedroom premium units start from $3.335 million ($2,213 psf). Ken Low, managing partner of SRI, believes the average sale price will be within the $2,350 – $2,400 psf range.

The building’s proximity to amenities present great investment appeal. It is just a 3-minute walk away from Buona Vista MRT Interchange Station, a 5-minute walk to The Star Vista mall, 1km to Fairfield Methodist School and a mere 5-minute distance to the Greater Southern Waterfront.

For those considering buying, the numerous lifestyle options in the area are an added bonus. EdgeProp’s Landlens feature allows prospective buyers to check out the latest listings near Blossoms.…

Two adjoining shophouses off Upper Thomson Road for sale at $10.5 mil

At the junction of Upper Thomson Road and Jasmine Road lies two freehold connecting shophouses, which are now up for sale via expression of interest (EOI) with a guide price of ten and a half million dollars. This equates to two thousand six hundred and sixty-five Singapore dollars psf for the floor area.

Standing two-storey tall, the properties occupy a total area of three thousand six hundred and fifty square feet and boast an existing floor area of thirty-nine hundred and forty square feet. The area is designated for both residential and commercial use, with a gross plot ratio of three, and a building height limit of four stories, in line with the 2019 Master Plan.

With an array of amenities and services in close proximity, the shophouses are just fifty metres away from the local shopping mall, and a minute’s walk from Upper Thomson MRT Station, with the Caldecott MRT interchange just one stop away. Steven Tan, managing director of capital markets and investment sales at ERA Realty Network, highlights the buyer’s options for this purchase.

Firstly, the shophouses can be rented out for immediate rental income, as well as future capital appreciation. Alternatively, if approved by the authorities, the two shophouses can be redeveloped into a four-storey residential building with a commercial space on the first floor, which would boast a total floor area of ten thousand nine hundred and fifty square feet.

The sale of these properties comes with existing tenancy and is sold as-is-where-is, to any interested buyer. The deadline for the EOI is 3 pm on May 8th.

This area is home to a number of services and amenities, including popular eateries and cafes along Upper Thomson Road, Sin Ming Plaza, and the nearby Junction 8 shopping mall. It also sits near some of Singapore’s renowned educational institutions, such as Ai Tong School, Catholic High School, CHIJ St Nicholas Girls’ School, Marymount Convent School, and Whitley Secondary School, which are within a one to two kilometre radius.

What’s more, with recent commercial transactions taking place in the surrounding area, the shophouses of Jasmine Road offer a unique chance for a highly profitable investment.

This rare opportunity offers the potential for both immediate rental income and long-term capital appreciation. The two freehold shophouses at 5 and 7 Jasmine Road are located in a strategic location, just a stone’s throw away from Upper Thomson MRT Station, as well as other major expressways and roads.

In close proximity to a range of amenities such as popular eateries and cafes, as well as prestigious educational institutions, the properties are easily accessible via roads such as Upper Thomson Road, Lornie Road, Thomson Road, Braddell Road, Marymount Road, and the Pan Island Expressway.

The EOI exercise for the shophouses closes on May 8th at 3 pm. If approved by the authorities, the successful buyer is also able to consider redeveloping the properties into a four-storey residential building with commercial space on the first storey, which would have a gross floor area of about 10,950 sq ft.

For those interested in investing in the shophouses of Jasmine Road, now is the time to act and take advantage of this exclusive opportunity.…

Collective sale of Tanjong Katong development relaunched at $63 mil

At 52 to 62H Tanjong Katong Road, the owners of a 26-unit walk-up development have relaunched the property for tender at a guide price of $63 million. The four-storey site, located in District 15, first had an asking price of $65.5 million last July and generated several offers below the figures.

Spread over 32,397 sq ft, the property has a land rate of $1,401 psf ppr – including an estimated land betterment charge of $530,000. This rate could be further lowered to $1,375 psf ppr once factoring in an added 7% bonus balcony floor area.

With a gross plot ratio of 1.4, the development has the potential to yield approximately 45,356 ft of gross floor area after improving the site. This could potentially have 49 residential apartments with an average size of 915 sq ft.

The collective sale property is situated in a desirable location. It enjoys a 10-minute drive away from the CBD and a 500m walk from Paya Lebar MRT Station. Additionally, it has nearby shopping malls, recreational facilities, F&B and cafe offerings within the Katong and Joo Chiat area.

“We expect that there would be keen interest from several developers in view of the brisk sale of Tembusu Grand,” shares Terence Lian, head of investment sales at Huttons Asia, referring to the 638-unit condo by City Developments and MCL Land.

Angela Lim, deputy head of investment sales at Huttons Asia adds: “We believe that it will be Marina Gardens Condo popular with professionals and young couples that prioritize convenience, being five stops to City Hall Interchange and within a stone’s throw to Paya Lebar Commercial Hub.”

The tender closes on May 9 at 2pm.

Recent transactions of condominiums around the area hint at the collective sale property’s potential. Tembusu Grand launched its units at an average price of $2,456 psf – with 53% of its units sold over the April 8 and 9 weekend.

This is the perfect opportunity for developers and homebuyers to look into investing in the area. With such convenience, abundant amenities and the space to expand, it is no wonder why the district is a popular choice.…

Two shophouses at Perak Road up for sale at $13 mil

Reinvigorated interest in tourism, given the global pandemic situation, has spurred the sale of two conservation shophouses at 6 and 7 Perak Road in Singapore. As they are zoned for commercial use, no additional buyer’s stamp duty is payable on the purchase of the properties. With an expected guide price of $13 million, this works out to $2,425 psf on the total floor area.

The two-storey shophouses, with mezzanine space and boasting a build-up area of 5,360 sq ft and occupying a land area of approximately 2,870 sq ft, have an 11.4m-wide frontage along Perak Road. Additionally, the properties have approval for usage as a backpackers’ hostel and are a mere three-minute walk from Rochor MRT Station.

Gracelynn Zhu of PropNex Shophouse Elites, which is marketing the property, notes that these well-maintained structures require minimal refurbishments and, being located in the Little India/Jalan Besar area, enjoy strong rental demand.

With the potential to offer a gross rental yield of over 3%, Zhu expects keen interest from investors looking for assets to provide strong rental and capital growth, as well as prospective hostel operators hoping to cash in on the recovery of the tourism sector.

The tender for the property will close on May 8 at 3pm. Vacant possession may be requested, allowing the new owner to decide which type of tenant profile they desire for the property.…

JLL promotes Sandeep Sethi to Asia Pacific division president for work dynamics

Sandeep Sethi has been appointed as Division President of Work Dynamics in Asia Pacific by JLL. Sethi will bring 27 years of corporate experience, 10 of which were with JLL, to the role. He is currently the Managing Director and Head of Work Dynamics for West Asia.

As Division President, Sethi will be responsible for providing integrated facilities management, construction management services, sustainability and workplace consulting, workplace experience and lease transaction management for occupiers, along with overseeing services delivered to clients in North Asia, and developing and growing JLL’s North Asia market share in Mainland China and Hong Kong.

Under his new role, Sethi will report to Susheel Koul, JLL’s CEO for Work Dynamics in Asia Pacific. Koul commented; “Sandeep is an established leader and a respected client advisor with an astute understanding of the dynamic nature of commercial real estate. His appointment reinforces JLL’s commitment to developing and elevating our people to serve our rapidly diversifying client base across Asia Pacific.”

Within his current portfolio, Sethi has been responsible for managing over 160 million sq ft of office space across 1,500 client sites in India, Sri Lanka, Mauritius and Bangladesh. He is based in Gurgaon and will continue to maintain this role as well.

Accompanying this appointment, Cushman & Wakefield has also made senior leadership promotions in the Asia Pacific region. This order of changes signifies a strengthening of the sector, with active investors set to venture into opportunistic deals in 2023, according to a recent report from CBRE.

JLL has expressed its confidence in Sethi’s ability, believing he will be a strong addition to the team and a key driver of success in the real estate industry.…

JLL promotes Sandeep Sethi to Asia Pacific division president for work dynamics

Sandeep Sethi has been appointed as the Division President of JLL’s Work Dynamics in Asia Pacific. Sethi previously served as Managing Director and Head of Work Dynamics for West Asia, where he was responsible for managing over 160 million square feet of office space across 1,500 client sites in India, Sri Lanka, Mauritius and Bangladesh.

In his new role, Sethi will expand his portfolio to include North Asia, overseeing services provided to clients, and growing JLL’s North Asia market share in mainland China and Hong Kong. Based in Gurgaon, Sethi will report to Susheel Koul, JLL’s CEO for Work Dynamics in Asia Pacific.

Commenting on his appointment, Koul said: “Sandeep is an established leader and a respected client advisor with an astute understanding of the dynamic nature of commercial real estate. His appointment reinforces JLL’s commitment to developing and elevating our people to serve our rapidly diversifying client base across Asia Pacific.”

With over 27 years of experience in the corporate space, Sethi’s decade of service at JLL gives him the background to excel in his new role.

As one of the leading providers of integrated real estate services, JLL’s Work Dynamics provides comprehensive solutions for occupiers, encompassing the full real estate lifecycle. This includes integrated facilities management, construction management services, sustainability and workplace consulting, workplace experience, and lease transaction management.

JLL has confidence that Sethi’s appointment to the position of Division President of Work Dynamics in Asia Pacific will help to further strengthen their commitment to developing and serving their client base.…