Two freehold shophouses located at 5 and 7 Jasmine Road, off Upper Thomson Road, are up for sale via Expression of Interest (EOI) at an attractive guideprice of $10.5 million. Thats approximately $2,665 per square foot of floor area.

The properties feature two-stories with a total site area of 3,650 sq ft and an existing combined floor area of 3,940 sq ft.

The property has been zoned for “residential with commercial at 1st storey” use with a gross plot ratio of 3.0 and building height control of four storeys under the 2019 Master Plan.

Adjacent to the properties is Adelphi Park Estate, a landed-housing enclave. Transport is no issue with easy access to major roads, expressways including Upper Thomson Road, Marymount Road, Lornie Road, Braddell Road and the Pan Island Expressway. The shophouses are also in close proximity to Upper Thomson MRT Station, which is a minute’s walk away, and …

At 52 to 62H Tanjong Katong Road in Singapore, a four-storey development of 26-units has been relaunched for tender at a guide price of $63 million. With a land area of 32,397 ft, it has the potential to yield a gross floor area of 45,356 ft upon redevelopment, with an allowable gross plot ratio of 1.4 under the 2019 Master Plan. This would likely create 49 residential apartments with an average size of 915 sq ft. It is situated a 500m walk from Paya Lebar MRT Station, making it ten minutes away from the CBD.

The guide price works out to a land rate of $1,401 psf per plot ratio (psf ppr), with an estimated land betterment charge of $530,000 taken into account. When factoring in a 7% bonus balcony floor area, this could be lowered to $1,375 psf ppr.

Terence Lian, head of investment sales at Huttons Asia, the …

Two conservation shophouses located at 6 and 7 Perak Road are now up for sale via tender with a guide price of $13 million, which works out to $2,425 psf on the total floor area. The properties have a built-up area of 5,360 sq ft, along with a land area of 2,870 sq ft, as well as an 11.4m-width frontage along Perak Road.

Situated in the Jalan Besar/Little India precinct, and three minutes’ walk from Rochor MRT Station, these shophouses have approval for usage as a backpackers’ hostel and are well-maintained, with minimal refurbishment required.

Gracelynn Zhu from PropNex Shophouse Elites – a division of PropNex Realty – noted that the properties enjoy strong rental demand due to their well-kept condition and strategic location in District 8, surrounded by amenities and close to the Bugis area. The current owner has received multiple offers from prospective tenants yet is looking to …

Sandeep Sethi has been appointed by JLL as the division president of work dynamics in the Asia Pacific region. In this position, Sethi will be responsible for overseeing integrated facilities management, construction management services, sustainability and workplace consulting, workplace experience, lease transaction management and delivering services to clients in North Asia. Additionally, he will be in charge of growing JLL’s market share in mainland China and Hong Kong.

Headquartered in Gurgaon, Sethi will report to Susheel Koul – JLL’s CEO for work dynamics in Asia Pacific. With over 27 years of extensive experience Marina Gardens Condo in the corporate sector, 10 of which were at JLL, Sethi has been successful in cultivating deep client relationships and expanding the business to the largest occupier in West Asia.

Koul said: “Sandeep is an established leader and a respected client advisor with an astute understanding of the dynamic nature of commercial real estate. …

The real estate investment market in Singapore got off to a slow start in the first quarter of 2023, with only $4.2 billion of investment sales recorded. This was a stark decrease of 61% compared to the first quarter of 2022, with $10.8 billion in sales. According to Daniel Ding, head of capital markets (land & building, international real estate) at Knight Frank Singapore, it was also the lowest quarterly total since 2Q2020, when the government imposed the “circuit breaker” measures at the height of the pandemic.

Residential investment sales totalled $1.6 billion for the quarter, including the collective sales for Meyer Park, Bagnall Court and Holland Tower of some $583.8 million. Notably, the sale of Holland Tower was the first successful residential en bloc transaction in the Core Central Region (CCR) since December 2021 when property cooling measures were put in place, a sign of “a nascent return” of …

Living near Bukit Panjang Integrated Transport Hub has its advantages and benefits, making it a great choice for those who are looking for convenience, comfort and affordability. Located in the western part of Singapore, Bukit Panjang Integrated Transport Hub (BPIH) is a one-stop destination for commuters who want to travel throughout the city. Bukit Batok EC It is connected to the Bukit Panjang MRT Station, which is a major junction for the North-South Line, Downtown Line and North-East Line.

One of the main advantages of living near BPIH is its proximity to multiple transport modes. Apart from the MRT station, commuters can also access the Bukit Panjang Light Rapid Transit (LRT) system, which connects the town centre to the nearby Choa Chu Kang and Bukit Batok areas. This makes it easy to get around the city quickly and conveniently. In addition, the bus interchange provides direct access to various parts …

The profitability of properties in Bukit Panjang has been a topic of much debate and discussion in recent years. Many investors have been attracted to the area due to its accessibility to the city centre, its potential for appreciation and its excellent amenities and infrastructure. However, there has been some criticism of the area with regards to the potential investment return. This article seeks to provide a critical review of the investment profitability of properties in Bukit Panjang.

Firstly, the location of Bukit Panjang is one of its major advantages. The area is situated close to the city centre, making it attractive to those who wish to commute to the centre for work or leisure activities. Additionally, Bukit Panjang is well connected to the rest of Singapore through public transport links, and this has helped to attract a large number of investors over the years.

Secondly, the appreciation potential of …