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Victory Point On Sale at Balestier for $14.7 Million

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Former Victory Point at Balestier is currently going on sale now at a guide price of $14.7m. The development is a mix use development that is located right at the heart of Balestier and is of freehold status. Victory Point is located at 271 Balestier Road and consist of a 2 storey conservation shophouse which has a huge frontage over into Balestier Road as well as a attic and a six storey apartment block.

Victory Point, which holds under a single title is a mix development site that is located in the Balestier conservation area. The location is convenient as it is located near to many eateries and shopping centres such as Whampoa Makan Place and Balestier Market Food Court. It is also within a short walk to Shaw …

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38 Draycott going for $2.5 mil Auction Sale

Core City Centre Developments has been the epic centre of Singapore Real Estate Properties and it is no wonder that many are looking to invest in the city centre to get some profits. However, there are some owners who paid a high price and are unable to sustain their monthly mortgage and therefore will be listed in the market for bank auction. Kopar at Newton core city centre is also nearby located at Kampong Java Road.

For example, the recent news indicate that there is a new 2 Bedder unit in 38 Draycott that is located in the core city centre that is for sale. This is a mortgagee sale and is located at the 15th floor that is for sale with a tenancy. Therefore, it is perfect for investors who are looking for cash flow as the monthly cash from rental will be able to service the mortgage. A …

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Shophouse for Sale on Singapore Bussorah Street

When it comes to real estate, Singapore has a burgeoning market right now. They have many properties for sale in the main core. These attractive shops serve as a cornerstone for business in the area. The space can also be rented out to small business entrepreneurs for office spaces with a desk. Such properties are an attractive find for those looking to be centralized in downtown Singapore. Please also see for sale properties such as Kopar at Newton CEL at Newton MRT Station.

This particular shophouse for sale has a lot going for it. It is on 13 Bussorah Street. The property is under lease for 99 years. This lease is relatively new, beginning in 2003. This makes for a great source of guaranteed revenue stream. The property is going on the market again after it was sold in 2013 for $4.78 million. If you’ve ever wanted to be a …

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Small Size Condos Preferred by Buyers

People’s preferences are Hillhaven Condo changing, their paying capacity is changing and this is leading to a big change in trends in the sale of condos in Singapore. From the beginning of 2019, the market saw a huge drop in the sales of big condos that have sprawling floor space of more than 1000 sq ft. With a decrease in that, there was a remarkable jump in the sale of small-sized condos ranging from 500 sq ft to 1000 sq ft. To quote the exact figures from a leading research agency in Singapore, in Q3 in 2019, the sales of condos smaller than 500 sq ft increased by 15.1% and 33.5% for condos ranging between 700 sq ft and 1000 sq ft in floor size.

Smaller Size Condos Preferred by Buyers

There could be many reasons why this trend is on the uprise but one reason worth mentioning is the …

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Street Level Commercial Unit Sold at St Martin

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This lovely street level unit represents a fantastic investment opportunity for its new owner. The commercial unit has great potential as a redevelopment project being suitable for residential redevelopment as well commercial developments. The site would also make a good restaurant, with its busy location near to shopping facilities and hotels, as well as having superb potential for further leasing.

The site is found on St Martin’s Drive within a safe, beautiful and stylish high end enclave. The site was put on the market for $55.3 million which would work out at approximately $5,900psf, which for its location is a very good deal. Developments near to Kopar at Newton has been generating alot of interest as it is located near to the city as well as Newton Food …

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The Tapestry Located Near to Tampines Avenue 10

The Tapestry Condo is actually a 99 years old leasehold private development, which is owned by City Developments Limited of Singapore, commonly known as CDL. There was a bidding war for the plot at Tampines Avenue 10, between 9 bidders, and the top bid was accepted for 370.1 Singapore Dollars. This top bid was made by CDL themselves.

The main motive for the highest bid was to allow CDL to build around 800 residential units in the same plot of land, at Tampines. This land is located very near to the Bedok Reservoir, and also to the Temasek Polytechnic college as well. This will help the residents get the most benefits out of their investments, as various analysts are saying that the property market is still very much lively. Therefore, without further ado, let’s go through some of the biggest reasons why you should plan to invest in The Tapestry …

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1192 psf ppr Price Secured for Kampong Java Road site

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The recent bid price for the Kampong Java Road site next to Newton MRT Station has surprised analyst a bit with the low bid price that was secured for the plot of land. Despite the location being next to Newton MRT Station as well as near to Newton Food Centre, the top bid of $1,192psf ppr was secured by CELH Development which is a unit of Chip Eng Seng and CEL Development. The low bid of 1192psf ppr was in sharp contrast to the bid price that was secured in Fourth Avenue Residences by Allgreen Properties which was $1,540 psf ppr as well as $1,733 psf ppr paid by Frasers Property for the Jiak Kim Street site in Dec 2017.

Top Bid of $1,192psf ppr secured for Kampong

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Minimum Size Observed for New Developments in Core City Centre

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Some years back, URA introduced rules regarding the maximum unit size for private development other than landing outside the central region to mitigate the excessive growth of shoebox units. The maximum unit size of housing units was deducted by dividing the total area of the proposed structure by 70 square meters.

Four areas, namely Joo Chiat Kovan, Telok Kurau, and Jalan Eunos, were subject to increasingly stringent requirements to reduce local infrastructure, and the proposed GFA division of 100 square meters deduced the concern arising from the new developments. From this moment, URA continued to verify the distribution of unit sizes in each event to meet different needs, as well as the number of new developments in specific areas that could cause tremendous pressure on local infrastructure. We …

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District 9 Core City Centre Location in Orchard

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District 9 is part of Singapore, where contestants live well in quality apartments and luxuriously. The district has separate neighborhoods, each with its characteristics. In this sense, if you are only interested in the characteristics of each of the District 9 communities, this rapid activity will certainly cause a sensation. District 9 is considered a core city centre location in Orchard and therefore it is one of most highly sought after development in Singapore. The latest development in District 9 will be Kopar at Newton near to Newton MRT Station.

Claymore

Claymore is a very respectable district, near the heart of the Orchard Road shopping district. The Claymore district also offers easy access to the new Claymore Connect Mall and the Forum Mall. The latter has a place for …

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Oei Tiong Ham Park GCB Prime Real Estate Sold

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GCB has overseen another future project to be completed soon. The Oei Tiong Ham project has been approved by local regulatory authorities as of lately. The Oei Tiong Ham Park Gcb move is hailed by a lot of leaders in real estate. It opens up some serious financial possibilities for the location. The property sits on about 15,000 square feet of total real estate. Of that total, around 6000 square feet will be apartment flooring. That is a good chunk of space and will provide great new flats for tenants. Get updated on the Oei Tiong Ham Park Gcb move as soon as possible.

The property is situated just minutes away from Orchard Road, which is a main thoroughfare. The property accessibility will be a vital selling point …