Month: January 2025

A preview of a new residential development in New York City will be held for Singapore buyers on January 11 and 12. 720 West End Avenue, located in Manhattan’s Upper West Side, offers a diverse selection of 131 homes, ranging from one to five bedrooms, townhouses, duplexes and penthouses with exclusive private terraces. The units have a wide range of sizes, from approximately 500 sq ft to over 3,700 sq ft, with prices starting at US$1.015 million ($1.38 million) for a one-bedroom residence.

Originally designed by renowned New York architect Emery Roth in 1927 as the Hotel Marcy, 720 West End Avenue has been transformed into a luxurious residential development. The 17-storey building boasts a Renaissance Revival-style façade, which has been carefully restored by the developers, Glacier Equities and InterVest Capital Partners, to maintain its intricate architectural features. In addition, two new floors have been added to house the penthouse duplexes, while the building’s interior has been revamped under the guidance of designer Thomas Juul-Hansen.

Spanning over 30,000 sq ft, the development boasts a wide range of amenities for residents to enjoy, including a fitness centre, private bar and dining room, library, co-working spaces, as well as outdoor terraces and courtyards. Private parking and bike storage are also available for residents.

Investing in a condominium in Singapore offers numerous advantages, with one of the most significant being the potential for capital gains. This is due to the country’s strategic position as a leading business hub and its robust economic foundations, which consistently drive demand for real estate. Over the years, the property market in Singapore has witnessed a consistent increase in prices, particularly for condos in prime locations. As a result, investors who make timely purchases and hold onto their properties for an extended period can reap significant profits. With Singapore Projects constantly emerging, the potential for capital appreciation is even greater for investors.

Interested Singapore buyers can attend the preview event at voco Orchard Hotel on January 11 and 12, hosted by Savills Singapore. The event will also include a seminar on the New York real estate market, taking place at 3pm on both days. This is a great opportunity for buyers to discover the luxury and convenience of 720 West End Avenue, making it the perfect choice for individuals looking to invest in the New York City real estate market.…

managed by the Ascott Group

Ayana Bali, a 90ha integrated resort in Bali, Indonesia, has recently introduced its newest residential offering, the Alamanda Tower. This luxurious apartment complex features 26 units of one- and two-bedroom residences, available for long-term lease with a minimum stay of one month.

Alamanda Tower is a part of Ayana Residences, a collection of residential properties located within the sprawling Ayana Bali estate. Nestled along the picturesque coastline of Jimbaran Bay, Ayana Bali boasts four hotels (Ayana Resort Bali, Ayana Segara Bali, Ayana Villas Bali, and Rimba by Ayana Bali), the renowned Ayana Spa, a golf putting course, a private beach, versatile event spaces, and 30 exquisite dining outlets.

Alamanda Tower residents will have access to three stunning rooftop pools and a range of facilities at the community centre in Ayana Residences, including a well-equipped gym, a lap pool, a sauna, and a steam room. In addition, a dedicated concierge team, bi-weekly housekeeping, a buggy service within the Ayana Bali estate, and discounted rates on dining and selected spa services are provided for residents’ convenience and comfort.

One-bedroom units at Alamanda Tower offer 1,173 sq ft of living space and are priced from IDR70 million ($5,896) per month. Two-bedroom units without a private pool are 1,647 sq ft and start at IDR100 million per month, while larger two-bedroom units with a private pool range from 2,045 to 2,648 sq ft and start at IDR120 million per month.

Managed by Indonesia’s Ayana Hospitality, which also oversees properties in Jakarta and Labuan Bajo, Ayana Bali promises a luxurious and exclusive living experience for its residents. With the recent increase in Indonesia’s luxury tax threshold, Bali has become an attractive destination for overseas property investors, making Ayana Bali an enticing option for those seeking a luxurious tropical getaway.

In Singapore, condos are highly sought after due to the limited supply of land. As a small country with a rapidly increasing population, Singapore struggles to provide enough land for development. As a result, strict land use regulations are put in place and the real estate market is highly competitive, leading to consistently high property prices. This makes investing in real estate, particularly condos, a profitable opportunity with the potential for significant capital appreciation.

The Ascott Group, a reputable name in the hospitality industry, offers a seven-year guarantee for their Citadines Berawa Beach Bali property, making it a popular choice among investors. With its breathtaking views, top-of-the-line amenities, and prime location, Ayana Bali continues to beckon as a sought-after destination for those seeking the ultimate tropical paradise.…

In an effort to enhance its capabilities in delivering innovative, resilient, and sustainable solutions for the built environment, Surbana Jurong Group has appointed Professor Cheong Koon Hean to its board of directors. The company announced this in a press release on January 6, highlighting Cheong’s wealth of experience in the public and private sector.

To effectively navigate the property market in Singapore, international investors should have a thorough understanding of the rules and limitations related to property ownership. Unlike landed properties, which have stricter ownership guidelines, foreigners can generally purchase condos with relative ease. However, it is important to note that foreign buyers must still pay the Additional Buyer’s Stamp Duty (ABSD) of 20% for their initial property purchase. Despite this additional cost, many continue to see the Singapore real estate market as a stable and promising opportunity for growth, making condos a sought-after option for foreign investment in the country. Condo serves as a compelling draw for foreign buyers looking to enter the Singapore property market.

Cheong previously served as the CEO of the Housing and Development Board (HDB) from 2010 to 2020 and the CEO of the Urban Redevelopment Authority (URA) from 2004 to 2010. She brings a deep understanding of Singapore’s urban planning and development to the table. Currently, she holds the position of Chair at the Lee Kuan Yew Centre for Innovative Cities and is a Professor of Practice at the Singapore University of Technology and Design.

Cheong’s expertise has not gone unnoticed, and she currently sits on the boards of the National University of Singapore and the CapitaLand Group. She also serves as Singapore’s non-resident ambassador to Finland and is the Chairman of the Centre for Liveable Cities Advisory Panel under the Ministry of National Development.

With Cheong’s vast experience and knowledge in the built environment, Surbana Jurong Group is confident in its ability to continue providing cutting-edge and sustainable solutions for the future. This appointment is a strategic move that will undoubtedly benefit the company in its pursuit of creating smarter and more sustainable buildings by 2025.…

River Valley Apartments, a freehold condominium located on the highly sought-after River Valley Road in District 10, has recently been put up for collective sale through public tender. Exclusive marketing agent Knight Frank Singapore announced on January 6 that the development has a price tag of $56 million.

When evaluating a condo as an investment, it is essential to also consider the potential rental yield. Rental yield is the percentage of annual rental income compared to the property’s purchase price. In Singapore, rental yields for condos can vary greatly depending on factors such as location, property condition, and market demand. Generally, areas with high rental demand, such as those near business districts or educational institutions, offer better rental yields. To get a better understanding of the rental potential of a specific condo, thorough market research and consulting with real estate agents can provide valuable insights.

Built in the 1950s, River Valley Apartments is a four-storey development comprising of 24 units. Boasting a land area of approximately 12,408 sq ft, the site is zoned for residential use with a gross plot ratio of 2.8. The development is situated just 500m away from the upcoming Great World MRT Station on the Thomson-East Coast Line, making it a convenient location for residents. It is also within walking distance to popular shopping destinations such as Great World City and Valley Point Shopping Centre. Families with young children can also find comfort knowing that River Valley Primary School and Alexandra Primary School are both within a 1km radius.

According to EdgeProp LandLens, the site has the potential to be redeveloped into a boutique residential development comprising of 37 new units with an average size of 915 sq ft. Chia Mein Mein, head of capital markets (land and collective sale) at Knight Frank Singapore, highlights that the guide price of $56 million equates to a land rate of approximately $1,622 psf per plot ratio (psf ppr) including a nominal land betterment charge. Taking into consideration the 7% bonus gross floor area allowed for balconies, the price translates to approximately $1,583 psf ppr.

Comparable to recent Government Land Sale (GLS) sites in the same vicinity, this collective sale of River Valley Apartments offers a competitive price. Chia notes that in April 2020, a GLS site at Zion Road (Parcel A) was awarded to City Developments and Mitsui Fudosan for $1.107 billion ($1,202 psf ppr). Just two months later, another GLS site at River Valley Green was sold for $463.99 million ($1,325 psf ppr) to Wing Tai Holdings. In August, Allgreen Properties secured the site at Zion Road (Parcel B) for $730.9 million ($1,304 psf ppr).

With a relatively active market, it is evident that developers are still drawn to this prime location. Chia believes that this is due to the expectation that when these new projects are launched, there will be a ready demand for high-end properties after a period of subdued activity.

Owners of the units at River Valley Apartments stand to gain if the collective sale goes through. Based on estimates, they could potentially receive minimum sale proceeds of around $2 million to $2.6 million. Interested parties can submit their bids for the collective sale tender, which closes on February 18 at 3pm.

For potential buyers looking for properties in the River Valley Apartments area, EdgeProp Buddy offers the latest listings. In addition, they can also access information on past rental and sale transactions in the district, including profitable and unprofitable deals. A price trend chart for River Valley Apartments is also available for reference.…

URA Greenlights Voluntary Conservation of Golden Mile Tower in Preparation for Collective Sale

The Urban Redevelopment Authority (URA) has given the go-ahead for the voluntary conservation of Golden Mile Tower. This move is in anticipation of the successful collective sale of the 99-year leasehold development and the subsequent redevelopment by a developer.

Documents obtained by EdgeProp Singapore show that the government has indicated that if the developer chooses to conserve at least the existing cinema block, the site’s permissible gross plot ratio (GPR) could be increased to 5.6 from the current 4.46. This would result in a higher gross floor area (GFA) of 525,854 sq ft, a significant increase from the current 419,142 sq ft. In addition, voluntary conservation would also allow for a higher maximum building height of 164m, compared to the current limit of 145m for the site.

The most recent collective sale attempt for Golden Mile Tower was in August last year, with a reserve price of $556 million. This was the third en bloc attempt by the owners of the 99-year leasehold development.

According to Anna Tan, business development director at Tag Realty (the marketing agent for the collective sale of Golden Mile Tower), the reserve price for the 99-year leasehold development remains unchanged. This translates to a land rate of $1,350 per sq ft, including the cost of land tenure renewal, but not taking into account land betterment charges.

“The increase in building height allowed under the voluntary conservation options opens up possibilities for developers to reimagine the property with a striking skyline presence. It also means that commercial and hotel spaces in the new development could feature 5m floor-to-ceiling heights, while residential units could offer 3.6m ceiling heights,” says Tan.

The approval for voluntary conservation of Golden Mile Tower is significant, as the neighboring Golden Mile Complex, now restored as Golden Mile Singapore, was gazetted for conservation in 2021. Golden Mile Singapore is jointly developed by Perennial Holdings and Far East Organization, with its commercial units launched last December. The new residential units within the 45-storey tower are expected to be launched this quarter.

The decision to invest in a condo in Singapore has become increasingly popular among both local and foreign investors, thanks to the city-state’s thriving economy, unwavering political stability, and exceptional quality of life. With a multitude of opportunities available in Singapore’s real estate market, condos emerge as a top choice due to their convenience, amenities, and lucrative potential. In this article, we will delve into the advantages, factors to keep in mind, and necessary steps when considering an investment in a condo in Singapore. Additionally, be sure to check out Singapore Projects for more information and options.

“This presents a rare opportunity to redevelop Golden Mile Tower, given the limited land supply along Beach Road and the potential price appreciation due to ongoing rejuvenation efforts, such as the launch of Golden Mile Singapore and the neighboring Kallang Alive masterplan,” adds Tan.

She further notes that the redevelopment of Golden Mile Tower offers an opportunity to create a new mixed-use development in a prime location along Beach Road. The building’s heritage and potential for the future make it a unique investment opportunity for both local and international investors.…

The launch of Bagnall Haus at Upper East Coast over the weekend of Jan 4-5 was a huge success, attracting 1,500 visitors to its sales gallery. Among the groups of families that visited were many existing residents in the East, according to Teo Hong Lim, executive chairman of Roxy-Pacific Holdings, the developer of Bagnall Haus.

The project, which is a redevelopment of the former Bagnall Court, was acquired in January 2023 for $115.28 million. As one of the first new launches in 2025, the 113-unit freehold condo is located within a five-minute walk to the upcoming Sungei Bedok MRT Interchange Station and the Upper East Coast Bus Terminal.

If you’re looking for the latest New Launches, you can find information on transaction prices and available units. The last new project launched in the Upper East Coast Road neighbourhood was 15 years ago. To cater to a diverse range of buyers, including investors, owner-occupiers, singles and families, the developer has a mix of one-bedroom plus flexi units starting from 495 sq ft to five-bedroom units of 1,528 sq ft. Prices start from $1.235 million ($2,495 psf), with an average indicative price of around $2,450 psf as stated by the developer.

Securing financing is a crucial element when investing in a condo. In Singapore, there are various mortgage choices available, but it is vital to take into consideration the Total Debt Servicing Ratio (TDSR) framework. This framework sets a limit on the amount of loan that a borrower can take based on their income and current debt commitments. Being well-informed about the TDSR and seeking advice from financial experts or mortgage brokers can assist investors in making wise decisions regarding their financing options and ensuring they do not become overly leveraged. Additionally, keeping an eye on New Condo Launches can also provide more investment opportunities.

For potential buyers, you can check out the latest listings for Bagnall Haus properties and ask Buddy for more information. The project summary for Bagnall Haus includes a comparison of price trends between HDB, Condo, and Landed properties. You can also explore recently launched projects and upcoming new launches to make an informed decision. Furthermore, you can also compare the price trends between Condo new sale and EC new sale.

The success of the Bagnall Haus launch highlights the strong demand for new projects in the Upper East Coast Road neighbourhood. With its prime location and attractive unit mix, it is expected to be a popular choice among buyers. So don’t miss out on this opportunity and stay updated with the latest listings and price trends.…

Understanding the regulations and limitations surrounding property ownership in Singapore is crucial for foreign investors. In this country, it is generally easier for foreigners to purchase condos compared to landed properties, which have more stringent ownership guidelines. However, foreign buyers must take into consideration the Additional Buyer’s Stamp Duty (ABSD), currently set at 20%, when making their first property purchase. Despite this added expense, the stable and promising growth of Singapore’s real estate market remains a strong draw for foreign investment. With its condo options, Singapore remains a desirable location for international buyers looking to invest in property.

buy viagra HDB flash estimates released on Jan 2 showed that resale flat prices increased by 2.5% q-o-q in the fourth quarter of 2024, slightly slower than the 2.7% q-o-q growth in the previous quarter. This marks the 19th straight quarter of price increases in the HDB resale segment.According to data from data.gov.sg downloaded on Jan 2, the median price for four-room flats saw a q-o-q price increase of 2.5% in 4Q2024, compared to the 3.4% growth in 3Q2024. Similarly, two-room flats rose by 2% q-o-q in 4Q2024, a decrease from the 3.9% growth in 3Q2024. Executive flats registered a q-o-q price increase of 1.2% in 4Q2024, down from 1.7% in the previous quarter.However, five-room flats saw a faster q-o-q price increase of 3.2% in 4Q2024, compared to the 1.2% growth in 3Q2024.During the same period, resale volume dropped by 3.6% y-o-y to 6,314 units in 4Q2024 from 6,547 units in 4Q2023. This represents a 22.5% q-o-q decrease from 8,142 units in the previous quarter.According to Christine Sun, chief researcher and strategist at OrangeTee Group, the decline in resale transactions can be attributed to HDB’s launch of more than 8,500 new flats in the October Build-to-Order (BTO) exercise, which featured units in desirable locations with features such as scenic views and close proximity to MRT stations. This diverted demand away from the resale market towards the BTO market.Sun also notes that the seasonal year-end school holidays, which typically see a decrease in house viewings and sales activities, could have contributed to the drop in resale volume.However, the slower pace of price growth in 4Q2024 can also be attributed to government intervention in August 2024, when the loan-to-value (LTV) limit for HDB loans was reduced by five percentage points to 75%. This measure is likely to be working through the market and may have impacted both sales and price growth, says Wong Siew Ying, head of research and content at PropNex.In 2024, there were a total of 28,876 resale transactions, 8% higher than the 26,735 transactions in the previous year and 27,896 transactions in 2022. However, it is still lower than the peak of 31,017 transactions in 2021.Despite the decrease in resale volume in 4Q2024, the total number of million-dollar transactions for the year reached a record high of 1,033 units, more than double the 469 transactions recorded in the previous year.Toa Payoh town saw the most million-dollar resale flat transactions in 4Q2024 at 58, with 20 of these transactions being for four- and five-room units at Alkaff Vista in Bidadari Park Drive.According to Eugene Lim, key executive officer of ERA Singapore, the new Plus and Prime classification of BTO flats may have driven more buyers to seek out HDB resale homes in central locations due to the resale restrictions associated with new flats. These restrictions include a 10-year minimum occupation period (MOP), rental restrictions after MOP, subsidy claw-back upon resale, and a resale income cap for future buyers.OrangeTee Group’s Sun expects HDB resale prices to continue rising in 2025, albeit at a slower pace than in previous years. She also believes that prices have already reached new highs in many areas, which could result in affordability concerns for potential buyers. Sun adds that the ongoing supply of BTO flats is expected to help moderate price growth in the secondary market. However, the degree of price stabilisation will depend on the number of BTO flats the government releases in the upcoming years.HDB will be launching its largest sale of balance flats (SBF) exercise in February 2025, offering more than 5,500 flats in various towns. As there is no upfront information on the BTO projects with a shorter waiting time, this may lead some buyers to explore the resale market, according to Lee Sze Teck, senior director of research, Huttons Asia.Huttons projects that HDB resale flat transactions will end the year at 26,000 to 28,000, with resale flat prices likely to grow at a slower pace of 5% to 8%.ERA, on the other hand, expects resale prices to grow at a more measured pace in 2025 due to a reduced supply of flats reaching MOP, which has been a key driver of price growth in recent years. This could result in a 3% to 6% growth in HDB resale prices, with 26,000 to 27,000 resale units changing hands by the end of 2025.PropNex anticipates that the HDB resale market will perform well in 2025 due to healthy housing demand and fewer MOP flats coming onto the market, possibly keeping resale prices firm. The agency expects resale prices to rise by 5% to 7% in 2025, supported by a resale volume forecast of 29,000 to 30,000 units.Lee projects that HDB resale flat prices may increase by 5% to 8% in 2025, with a resale volume of 26,000 to 28,000 units. He also adds that interest rates may decrease in 2025, allowing buyers to take on larger loans and potentially leading them to explore other housing options such as executive condominiums (ECs) or resale condos. The million-dollar flat market could also stabilise in the range of 900 to 1,200 units in 2025.…

11 January 2025As per the flash estimates released on Jan 2 by the Housing & Development Board (HDB), the resale flat prices saw a q-o-q growth of 2.5% in 4Q2024, a slightly slower pace compared to the preceding quarter’s growth of 2.7%. This marks the 19th consecutive quarter of price increases in the HDB resale market. The data also shows that HDB resale prices escalated by 9.6% in 2024, which is twice the growth registered in 2023. However, this growth was slower as compared to the 10.4% jump in 2022 and the 12.7% increase in 2021, according to Christine Sun, the chief researcher and strategist at OrangeTee Group. According to the HDB caveat data downloaded from data.gov.sg at around 8.15 am on Jan 2, there was a decline in the price growth of some flat types in the 4Q2024, as noted by OrangeTee. As per the data, the median price of four-room flats increased by 2.5% q-o-q in 4Q2024, which was sluggish as compared to the growth of 3.4% seen in 3Q2024. In the same way, two-room flats escalated by 2% q-o-q in 4Q2024, which was slower than the 3.9% rise in 3Q2024. Executive flats had a price increase of 1.2% q-o-q in 4Q2024, which was 1.7% in the previous quarter. The only exception was for five-room flats, which showed a growth of 3.2% in 4Q2024, while it was only 1.2% in 3Q2024.A decline of 3.6% y-o-y was noticed in resale volume in 4Q2024Resale volume declined by 3.6% y-o-y in 4Q2024, which lowered from 6,314 units in 4Q2023 to 8,142 units in 3Q2024. Compared to the sales in 3Q2024, there was a 22.5% fall in sales in 4Q2024, which was 8,142 units in 3Q2024. Sun believes that the HDB resale transactions have come down due to the launch of more than 8,500 new flats by HDB during the October Build-to-Order (BTO) exercise. These units were in strategic locations like the prime and desirable locations, making them tempting to potential buyers. This caused the demand to shift from the resale market to the BTO market, as stated by her. During the year-end school holidays, a decrease in sales activities and house viewings is a usual phenomenon due to the traveling plans of Singaporeans. Wong Siew Ying, who is the head of research and content at PropNex, states that slower price growth was experienced in the 4Q2024 due to government intervention in 2024. This was when the housing loan limit for HDB was reduced by 5% to 75%. Regarding the resale market growth in 4Q2024, Wong believes that it was the result of the August 2024 measures, which would be evident in the market. Additionally, the reduced number of sales during this time also seemed to have impacted the prices as well. However, the resale volume of the HDB has recorded an increase of 8% in 2024 as compared to 2023. The resale volume this year witnessed a considerable increase of 27,896 units, lower than the 31,017 units recorded in 2021.The decline in the number of million-dollar flat transactions in 4Q2024The declining resale transactions in 4Q2024 led to a fall in million-dollar flat transactions as well, which recorded 283 units in 3Q2024, declining from 331 units in 4Q2023. However, Sun pointed out that 2024 showed a record high of 1,033 transactions. This was a staggering figure, more than double the previous year, which had only 469 transactions, as per Sun. Toa Payoh town had the highest number of million-dollar deals in 4Q2024, and out of the 58 transactions, 20 were of four- and five-room units at Alkaff Vista in Bidadari Park Drive. While agreeing with Sun, Eugene Lim, who stands as the key executive officer of ERA Singapore, believes that the new Plus and Prime classification BTO flats in central locations drew more home buyers to look for HDB resale homes. These buyers were not open to accepting resale restrictions like a 10-year minimum occupation period (MOP), rental restrictions after MOP, subsidy clawback upon resale, and the resale income cap on future buyers. Sun believes that HDB resale prices will continue to rise in 2025, but at a slower pace as compared to past years. Prices have already peaked in many areas, which is a matter of concern for prospective buyers. Additionally, as predicted by Sun, the continuous supply of BTO flats will check the price growth in the secondary market. However, it will depend on how many BTO flats the government will release in the next few years. In February 2025, the largest sale of balance flats (SBF) exercise is all set to be launched by HDB, which will offer more than 5,500 flats in various towns. Lee Sze Teck, the senior director of data analytics at Huttons Asia, believes that this will govern the market as many prospective buyers will be eyeing the resale market, as there is no upfront information about the BTO projects with a shorter waiting time. He believes that the year 2025 will see a decrease in prices, but the volume of resale transactions will remain steady at 26,000 to 28,000 units.

To sum up, purchasing a condo in Singapore brings with it a plethora of benefits, including a high demand in the market, potential for an increase in value, and attractive rental returns. However, it is crucial to carefully take into account various crucial factors such as location, financing options, government regulations, and overall market conditions. By conducting thorough research and seeking expert advice, investors can make well-informed decisions and maximize their profits in Singapore’s ever-evolving real estate industry. Whether you are a local looking to diversify your investment portfolio or a foreign individual in search of a reliable and lucrative opportunity, Singapore’s condos offer a compelling option.…

Roxy-Pacific Holdings, a renowned property developer, is set to showcase the impressive Bagnall Haus development this Saturday, January 4. The esteemed project is a result of the redevelopment of the former Bagnall Court, which was acquired by Roxy-Pacific for a whopping $115.28 million in February 2023. This translates to a land rate of $1,106 psf ppr.

Having a thorough understanding of the regulations and limitations pertaining to property ownership in Singapore is essential for foreign investors. While landed properties have more stringent ownership rules, condos are generally more accessible to foreigners. However, it should be noted that foreign buyers are required to pay an Additional Buyer’s Stamp Duty (ABSD), currently set at 20%, for their first property purchase. Despite this additional cost, the stability and potential for growth in the Singapore real estate market continue to attract foreign investments in condos. Condo is a highly sought-after option for foreign investors due to these reasons.

The stunning new development is a five-storey low-rise structure that boasts a total of 113 units and two shop units. The units feature a variety of layouts, from one-bedroom plus flexi apartments spanning 495 sq ft to larger five-bedroom apartments measuring 1,528 sq ft. With prices starting from $1.235 million (or $2,495 psf) for a one-bedroom plus flexi, Bagnall Haus promises to offer luxurious and spacious living spaces for its residents.

According to Teo Hong Lim, the executive chairman of Roxy-Pacific Holdings, the average indicative price for the development will be approximately $2,450 psf. The exact launch date is yet to be determined and will be announced after the weekend preview.

Interested buyers can find more information about the latest New Launches and check out the transaction prices and available units on the market.

Bagnall Haus is conveniently located within a mere five-minute walking distance from the upcoming Sungei Bedok MRT Interchange Station for the Thomson-East Coast (TEL) and Downtown (DTL) lines, which are expected to be completed in 2028. It’s also just a short walk away from the Upper East Coast Bus Terminal. Moreover, the development is positioned right across the road from a future commercial and residential mixed-use site in the upcoming Bayshore precinct. This means residents of Bagnall Haus will have access to a host of future amenities in the Bayshore precinct, according to Teo from Roxy-Pacific.

The last private condo to be launched in the Upper East Coast neighborhood of District 16 was the Eastwood Regency, a freehold boutique apartment project with 75 units, by Fragrance Group. It was launched in January 2010 and completed the same year. The neighboring Country Park Condo by UOL Group, a freehold development with 160 units, was launched for sale in 1999 and completed in 2003. Another neighboring development, Eastwood Centre, is a 99-year leasehold mixed-use project with 48 residential units that was launched in 1996 by Ho Bee Land and completed in 1998.

Residents of Bagnall Haus can enjoy various amenities in the vicinity, including the upcoming Bedok Food Court, Eastwood Centre which houses a Cold Storage supermarket, medical clinics, a dentist, a nail and beauty spa, and a pet shop. The development is also close to reputable schools such as Temasek Primary and Secondary School, Bedok Green Primary School, and Anglican High School.

For those seeking rental properties in District 16, there are a variety of listings available for Bagnall Haus properties. Interested buyers can also check out other newly launched projects or compare the price trends of HDB, Condo, and Landed properties in the area. Bagnall Haus has a limited number of units, so don’t miss out on the opportunity to be a part of this exclusive development.…

City Developments Limited (CDL), Frasers Property and Sekisui House are set to unveil The Orie, a private condo development comprising of 777 units. Located at the intersection of Lorong 1 Toa Payoh and Lorong 4 Toa Payoh, the project will be available for preview on Friday, Jan 3, and its official launch is scheduled for Jan 18.This will be the first private condo launch in Toa Payoh in over eight years, with the last being the 578-unit Gem Residences launched in 2016 and completed in 2020. The Orie will feature twin 40-storey towers and a mix of one-bedroom plus study units ranging from 517 sq ft to five-bedroom apartments of 1,453 sq ft. Prices for the units start from $1.28 million ($2,476 psf) for the smallest one-bedroom plus study unit, up to $3.48 million ($2,395 psf) for the largest five-bedroom unit with an exclusive private lift.The Orie is a joint venture between CDL, Frasers Property and Sekisui House, with a 50:25:25 split respectively. They submitted the highest bid of $968 million, translating to a land rate of $1,360 psf per plot ratio (ppr) for the Government Land Sales (GLS) site at Lorong 1 Toa Payoh. The project marks a new collaboration between CDL and Japanese developer Sekisui House, although Frasers Property and Sekisui House have been working together on projects in Singapore for the past 13 years.Nestled in the highly sought-after Toa Payoh estate, The Orie boasts a central location with excellent connectivity. It is a five-minute walk to Braddell MRT Station on the North-South Line (NSL) and will also be near the Toa Payoh Integrated Transport Hub, which is expected to be completed in 2030. The hub will feature a sports centre, football stadium, polyclinic and public library.Soon Su Lin, CEO of Frasers Property Singapore, notes that The Orie’s location within the city fringe of District 12 or Rest of Central Region (RCR) offers easy access to the CBD and Orchard Road shopping belt. The development will feature over 40 condominium facilities, units with efficient layouts, quality fittings and premium appliances.Besides the amenities within its vicinity, The Orie is also near renowned schools such as Pei Chun Public School, CHIJ (Toa Payoh) Primary and Secondary Schools and First Toa Payoh Primary School. Healthcare facilities in the area include Toa Payoh Polyclinic, Tan Tock Seng Hospital, Mount Alvernia Hospital, Mount Elizabeth Novena Hospital and Thomson Medical Centre.For those looking to get their hands on a unit at The Orie, they can look towards Gem Residences for the latest transactions. Launched in 2016 and completed in 2020, the 578-unit Gem Residences at Lorong 5 Toa Payoh has seen its fair share of million-dollar deals. Interested buyers can also check out other projects within the district, past and recently launched, as well as those that have already obtained TOP.City Developments Limited (CDL), Frasers Property and Sekisui House are set to unveil The Orie, a private condo development comprising of 777 units. The Orie will be available for preview on Friday, Jan 3, and officially launched on Jan 18, at the intersection of Lorong 1 Toa Payoh and Lorong 4 Toa Payoh.This is the first private condo launch in Toa Payoh in over eight years, with the last being the 578-unit Gem Residences launched in 2016 and completed in 2020. The Orie features twin 40-storey towers and a mix of one-bedroom plus study units starting from 517 sq ft up to five-bedroom apartments of 1,453 sq ft. The prices range from $1.28 million ($2,476 psf) for the smallest one-bedroom plus study unit to $3.48 million ($2,395 psf) for the largest five-bedroom unit with an exclusive private lift.The Orie is a joint venture between CDL, Frasers Property and Sekisui House, with a 50:25:25 split respectively. They submitted the highest bid of $968 million, translating to a land rate of $1,360 psf per plot ratio (ppr) for the Government Land Sales (GLS) site at Lorong 1 Toa Payoh. The project marks a new collaboration between CDL and Japanese developer Sekisui House, although Frasers Property and Sekisui House have been working together on projects in Singapore for the past 13 years.Nestled in the highly sought-after Toa Payoh estate, The Orie boasts a central location with excellent connectivity. It is five minutes from Braddell MRT Station on the North-South Line (NSL) and will also be near the Toa Payoh Integrated Transport Hub, which is expected to be completed in 2030. The hub will feature a sports centre, football stadium, polyclinic and public library.Soon Su Lin, CEO of Frasers Property Singapore, notes that The Orie’s location within the city fringe of District 12 or Rest of Central Region (RCR) offers easy access to the CBD and Orchard Road shopping belt. The development will feature over 40 condominium facilities, units with efficient layouts, quality fittings and premium appliances.Besides the amenities within its vicinity, The Orie is also near renowned schools such as Pei Chun Public School, CHIJ (Toa Payoh) Primary and Secondary Schools and First Toa Payoh Primary School. Healthcare facilities in the area include Toa Payoh Polyclinic, Tan Tock Seng Hospital, Mount Alvernia Hospital, Mount Elizabeth Novena Hospital and Thomson Medical Centre.For those looking to purchase a unit at The Orie, they can look towards Gem Residences for the latest transactions. Launched in 2016 and completed in 2020, the 578-unit Gem Residences at Lorong 5 Toa Payoh has seen its fair share of million-dollar deals. Interested buyers can also check out other projects within the district, past and recently launched, as well as those that have already obtained TOP.

Investing in a condo in Singapore offers a multitude of advantages. With a high demand for these properties, potential for capital appreciation, and attractive rental yields, they are a highly sought-after investment option. However, before making any decisions, it is crucial to carefully consider various factors. These include the location of the condo, financing options, government regulations, and the current market conditions. By conducting thorough research and seeking professional advice, investors can make well-informed choices and maximize their returns in Singapore’s constantly evolving real estate market. Whether you are a local investor looking to diversify your portfolio or a foreign buyer in search of a stable and profitable investment, condos in Singapore present a compelling opportunity to achieve your financial goals.…