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Savills: Private residential rents at highest levels in 24 years

The variety of landed residences being rented out in 3Q2022 raised to 1,812 purchases, up from 1,228 deals in 2Q2022. Meanwhile in the non-landed section, Savills notes that were was a “sharp q-o-q rise” of 18.8% to 23,570 purchases last quarter.
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“The surge in renting volume of property houses included the return of foreign pupils as well as migrants– as boundary restrictions and social distancing steps eased– combined by residents seeking for temporary substitute houses and delays in conclusion of new houses,” claims Savills.

According to Cheong, “based on historic correlations, 2023 will certainly be an essential year to see if rental fees will certainly correct as a result of the assemblage of the financial cycle”.

Especially, Savills highlights that the leading two jobs with the highest non-landed domestic real estate are newly finished jobs in the Rest of Central Region (RCR). They are Stirling Residences as well as …

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CapitaLand Development opens executive learning centre Catapult at Rochester Commons

Tan adds that Propel has actually been curated to suit regional, regional, and global C-suites as well as executives. Catapult has actually likewise invited IMD Southeast Asia Exec Understanding Centre as well as Person Funding Management Institutes as partners.

CapitaLand Growth has opened a brand-new executive learning centre at Rochester Commons, a mixed-use advancement in Buona Panorama. The space is established and also managed by CapitaLand Development.

Read additionally: Integrated advancement Rochester Commons by CapitaLand to be completed in 4Q2021
Rochester Commons likewise houses service hotel Citadines Attach Rochester Singapore, by The Ascott Ltd. The 135-room hotel has a mix of studio systems, including premium and also deluxe systems.

Jurong East Central Condo

Catapult likewise features a 200-seat auditorium, 26 finding out workshops, an exec conference room, and also a media development workshop. These rooms are fitted with high-quality sound proofing, acoustics as well as electronic cameras to assist in …

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Designer home at Branksome Road for sale at $12.5 mil

When it comes to purchasing a home, there is no better indication that you’ve arrived than to have the ability to purchase a designer home. A home that has been graced by the touch of an interior designer truly has a loving touch, with each room being accentuated to bring the most outstanding appeal possible. Moreover, each room can be designed to the personal tastes and preference of each family member. There is no question that designer homes are incredibly popular in the city-state of Singapore.

Anne-Louise Minter is an interior designer herself, and she knows a good deal when she sees it. When she and her spouse selected their first house in 2012, they wanted to ensure that each room had a personal charm all its own and that would keep their family as content as possible. The home was located on Branksome in Singapore. She and her husband …

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Resale unit at Buona Lodge sold for nearly $1.3 mil profit

Early this November, a seller of an individual unit at Buona lodge managed to gain around 1.2 million dollars. In May 2004, the group was acquired on the fourth floor of the lodge for $ 640,000 and later on sold on November 14th, 2019, for $1.9 million, making over 200% profit topping the list for the best-selling unit for the month of November. It is estimated that the seller made about an annual 7% profit for fifteen years. Buona lodge is located on Zehnder Road, exactly in district 5completed in the year 1992 and c. Buona Lodge has four floors and is about a ten Plantation Close EC minutes’ walk from Haw Par Villa Tengah Plantation Close EC MRT station.

The second-largest profit made early this November occupying the Tengah Plantation Close EC second place at the list was at Glendale Park that is located along Hill view Avenue on …

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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 …