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A freehold, two-storey bungalow located at 11 Whitley Road has been put up for sale via a tender at a guide price of $31.88 million. It occupies an elevated site of 15,276.27 square feet and is available for purchase freehold. This translates to a guide price of $2,087 per square foot on the land area.

Originally rebuilt in 2016, the bungalow boasts an added rear extension. It offers a total of five bedrooms, three of which are en suite, and features two living rooms, two dining rooms, a spacious and well-equipped kitchen, as well as a helper’s room.

Obtaining financing is a crucial factor when it comes to investing in a condo. In Singapore, there are various mortgage options available, but it is vital to have an understanding of the Total Debt Servicing Ratio (TDSR) framework. This framework places a limit on the amount of loan a borrower can take based on their income and current debt obligations. To make well-informed decisions about their financing options and prevent over-leveraging, investors should familiarize themselves with the TDSR and seek guidance from financial advisors or mortgage brokers. Additionally, keeping Singapore Projects in mind while considering financing options can also prove beneficial.

According to Aric Lim, the associate district director of Huttons Asia, the exclusive marketing agent for the Whitley Road property, the land parcel has the potential to be subdivided for the redevelopment of eight terraced houses. Each site could range from 1,614 square feet to 2,389 square feet, with a gross floor area (GFA) of up to 21,528 square feet. However, this is subject to land betterment charges.

“As the largest plot of land along Whitley Road, this presents a rare and highly coveted opportunity,” says Lee Sze Teck, senior director of data analytics at Huttons Asia. He also notes that the asking price of $2,087 per square foot based on land is extremely competitive compared to recent transactions of new semi-detached houses along Whitley Road, which have been sold for more than $3,000 per square foot.

The bungalow is situated conveniently about 700 meters from the Novena MRT Station and is surrounded by popular malls such as Velocity at Novena Square, Square 2, United Square and Zhongshan Park.

Interested parties have until Feb 12 to submit their tenders for 11 Whitley Road. This is a magnificent opportunity to own a freehold bungalow in a prime location, and it is expected to attract a lot of attention from potential buyers. Don’t miss this chance to secure this highly sought-after property.…

GuocoLand recently announced that it has secured two green facilities from DBS Bank and Oversea-Chinese Banking Corporation. The first facility, a $1.135 billion green loan, will be used to refinance Guoco Midtown, while the second facility, a $105 million green loan, is for the refinancing of Midtown Bay. According to the property developer, the $1.135 billion green facility is its largest to date, and was raised under GuocoLand’s Green Finance Framework. The company has now secured a total of $5 billion in green financing, including facilities for other developments such as Guoco Tower, Lentor Mansion, Lentor Modern, Midtown Modern, and the upcoming Upper Thomson Road Development.

“This latest refinancing activity allows us to optimize our capital structure while staying true to our commitment to creating thoughtfully designed spaces that balance economic, environmental and social factors,” explains GuocoLand’s Group CFO, Andrew Chew. The company has consistently integrated sustainability into its business strategies, and the use of green financing further reflects its dedication to promoting sustainable development.

Investing in real estate in Singapore requires careful consideration of various factors, with location being a crucial aspect for many investors, especially when it comes to condos. The strategic placement of a property can greatly impact its value, and this is even more evident in central areas or those near important facilities such as schools, shopping malls, and transportation hubs. Iconic locations such as Orchard Road, Marina Bay, and the Central Business District (CBD) have consistently experienced growth in property values over time. Families often prioritize condos in these areas due to their convenient placement near reputable schools and educational institutions, making them highly desirable and a wise investment. For those planning to venture into the Singapore real estate market, it is essential to carefully consider the location and future potential, particularly in the sought-after condo segment. To make the most out of your investment, be sure to choose a prime location like a condo.

In related news, GuocoLand’s Guoco Tower has recently been awarded the Green Mark Platinum certification by the Building and Construction Authority (BCA), making it one of the most sustainable buildings in Singapore. The company’s commitment to sustainability extends beyond just its developments, as it also actively participates in sustainability initiatives and supports community projects.

Shares in GuocoLand closed at $1.45 on January 15. The company’s latest achievement further solidifies its position as a leader in sustainable development and reinforces its commitment to creating spaces that benefit both the environment and the community.…

The freehold mixed-use development, Roxy Square in Katong, will be going through a collective sale again, as announced by JLL, the marketing agent for the property. The development, comprising of 296 shops, 26 apartments and the Grand Mercure Roxy Hotel with 576 rooms, was previously launched for tender in July last year at a minimum price of $1.25 billion. However, the tender closed without any bids in September of the same year.

In the latest announcement, JLL has stated that the owners of the development are in the process of signing a supplemental agreement to reduce the collective sale price by 10.8%, bringing it down to $1.115 billion. This proposed price reduction would require at least 80% of the owners’ support to take effect, and currently, over 70% have already shown their approval.

Under this new price, the development is expected to have a unit land rate of $1,852 per square foot per plot ratio (ppr), which includes a Land Betterment Charge (LBC) at a gross plot ratio of approximately 3.86. If an additional 10% bonus gross floor area (GFA) for the residential component and the LBC are taken into account, the land rate will be $1,804 psf ppr, as mentioned by JLL.

According to Tan Hong Boon, JLL Singapore’s executive director of capital markets, the private residential market in Katong has strong support, citing the impressive sales of recent launches like Meyer Blue and Emerald of Katong, which have boosted confidence in Roxy Square’s potential.

Located between Holiday Inn Express Singapore Katong and Katong Plaza, Roxy Square is set in a prime location next to the upcoming Marine Parade MRT Station (Thomson-East Coast Line), which will have a direct underground connection. The property also boasts a freehold tenure, a heritage locale that is well-loved by many, and excellent connectivity to various amenities, making it an even more attractive proposition.

Completed in 1996, Roxy Square has a GFA of 668,000 sq ft. According to the 2019 Master Plan, the development is partially zoned for commercial and residential use, with a gross plot ratio of 3.0 along East Coast Road. The front portion of the development, which faces Marine Parade Road, is zoned for hotel use.

JLL has said that based on recent planning advice from the Urban Redevelopment Authority (URA), the entire Roxy Square site can be rezoned for commercial and residential use, and redeveloped into a high-rise mixed-use development with a height of up to 75m.

With the redevelopment of the site, it is believed that it has the potential to yield over 350 residential units, about 80,000 sq ft of retail and F&B space, and an additional 172,000 sq ft for offices, hotels, or other commercial uses.

Access to the development is excellent, with the East Coast Parkway (ECP) and Nicoll Highway close by. Additionally, it is also part of the Round-Island Route and Park Connector Network.

Tan stated that should the majority owners support the proposed reduction in reserve price, it would further enhance the site’s appeal, particularly given the consistent demand for quality residences in the area. He added that this sale would play a key role in shaping the future of Singapore’s East Coast area.

When it comes to real estate investing, location is a crucial factor to consider, and this is particularly important in Singapore. Condos that are located in central areas or near important amenities, such as schools, shopping malls, and public transportation hubs, tend to have a higher potential for appreciation in value. Some prime locations in Singapore known for their consistent growth in property values include Orchard Road, Marina Bay, and the Central Business District (CBD). Additionally, condos in these areas also benefit from their proximity to reputable schools and educational institutions, making them highly sought after by families and further enhancing their investment potential. With these desirable Condo locations, investing in real estate in Singapore can be a lucrative opportunity for investors.

The tender for Roxy Square is set to close on 18th February 2021 at 3pm.…

When purchasing a condominium, it is crucial to take into account the maintenance and management of the property. Condos often come with maintenance fees that cover the maintenance of shared areas and amenities. Although these fees may increase the overall cost of ownership, they play a vital role in keeping the property well-maintained and preserving its value. To make investing in condos a more hands-off experience, investors can enlist the services of a property management company. Additionally, considering the latest New Condo Launches can provide even more opportunities for a profitable investment. This way, investors can rely on professionals to handle the day-to-day management of their condos while ensuring a more passive investment experience.

location: CopyUpon its completion in 2027, The Arcady at Boon Keng, a 172-unit freehold condominium, will stand as a unique and highly coveted private residence in the heart of the Boon Keng area. Situated along Serangoon Road, the development will create a lush green space in the midst of the bustling city, showcasing distinctive modern architecture that will set it apart from other condominiums in the neighbourhood.The trusted local developers KSH Holdings, SLB Development and H10 Holdings have joined forces to create this remarkable residence. They have partnered with award-winning architectural firm, Park + Associates, to bring their vision for this distinguished development to life.When the project was launched for sale in January, it immediately caught the attention of investors and local buyers. The efficiently-designed layouts of the one-bedroom plus study units and two-bedroom units appealed to many, while families were drawn to the spacious units and the wide range of family-friendly amenities offered.The Arcady at Boon Keng presents a rare opportunity for discerning buyers to invest in an affordable freehold development in a prime city-fringe location. It stands out among only a handful of new freehold projects launching this year.Creating an urban oasisThe Arcady at Boon Keng has been thoughtfully designed to be an urban oasis, blending bold architectural forms with curated landscape design. This deliberate effort by the developers and the designers of the development has resulted in a rare pocket of tranquil luxury within the bustling city fringe.Crafted by the esteemed architects at Park + Associates and Ecoplan Asia, the landscape architect, the development showcases a tiered design, with a trail leading from the Grand Arrival to the ground floor landscape deck. This unique design maximises the space available for verdant greenery, while combining three storeys worth of facilities into a two-storey communal amenities zone at the base of the tower. This efficient use of space can also be seen in other areas of the development, such as the 14th floor and the rooftop terrace.Parents with young children can enjoy a moment of peace on the Social Deck while their little ones play at the Kids Playground, or spend quality time together at the Family Deck next to the Splash Patio and Family Pool. The development also boasts an infinity pool, spa pool and family pool, which can be admired from the facilities at the second-storey Sky Terrace. The second-storey Sky Terrace is perfect for indoor relaxation, and features a dedicated kids’ zone with a Party Deck and Kids Club, as well as a Chill Out Lounge that spills out into the Botanic Club.Guests can also be accommodated at the Gourmet Vista on the 14th floor, where they can enjoy a 360-degree panoramic view of the surrounding skyline. (Picture: KSH Holdings)The Arcady at Boon Keng is among only a few single-tower condo projects in Singapore, especially in the Boon Keng neighbourhood, that offers both outdoor and indoor facilities catering to residents’ diverse needs and lifestyles. With 47 condo facilities spanning 4,000 sq m, each of the 172 households at The Arcady at Boon Keng will find its pocket of excitement.Spectacular views in the heart of Boon KengThe residential tower and the orientation of units have been carefully considered, resulting in a north-south orientation, which is elevated by approximately 18m above street level to maximise views. Additionally, units are tilted away from the main road, significantly reducing traffic noise. Units on higher floors boast optimum views of the Kallang River, while the south-facing units face towards Marina Bay.The unit layouts have been thoughtfully designed for families. All master bedrooms are large enough to accommodate a king-sized bed, while the common bedrooms can comfortably fit a queen-sized bed. The development has seen strong sales of its larger units, which range from three-bedroom units of 969 sq ft, three-bedroom-plus-study units of 1,281 sq ft, to four-bedroom units of 1,410 sq ft. There are also two penthouses, spanning 2,433 sq ft and 2,583 sq ft, respectively. Families with school-going children and couples will find that the development checks many boxes — a comfortably sized home within a conveniently located condo that offers a full suite of amenities that all family members can enjoy.The condo is near Bendemeer Primary School, Bendemeer Secondary School, St Andrew’s Junior School, and Hong Wen School. For daily needs, residents can visit Woodleigh Mall at Bidadari Park Drive or Bendemeer Mall along Bendemeer Road.“We think buyers are likely drawn to The Arcady at Boon Keng owing to its convenient location and connectivity. With the Boon Keng MRT Station on the North-East Line being approximately six to seven minutes’ walk from the project, residents will enjoy a relatively short commute to the city,” says Ismail Gafoor, CEO of PropNex Realty, one of the project’s marketing agents. The Dhoby Ghaut MRT Interchange Station, which links the North-East Line, North-South Line, and Circle Line, is only three stops from Boon Keng MRT Station. “We observe that many home buyers these days prefer projects within walking distance to an MRT station; convenience is highly desired in today’s fast-paced lifestyle,” adds Gafoor.Mark Yip, CEO of Huttons Asia, agrees that The Arcady at Boon Keng presents a rare opportunity as a freehold property in a central location with easy access to major expressways like the CTE and PIE. Residents will also benefit from the development’s proximity to the rejuvenated Kallang precinct, which will see new sports and leisure facilities developed as part of the Kallang Alive Masterplan, announced during Prime Minister Lawrence Wong’s inaugural National Day Rally this year.Earmarked as Singapore’s future sports hub, the masterplan aims to bring together several key sporting associations and the Singapore Sports School into one integrated precinct. Sports and recreation activities will be supported by planned state-of-the-art sports facilities and a new 12,000-seat stadium.An attractive freehold offeringSince the project launched in January 2024, all one-bedroom plus study units have been sold, and nearly 90% of the two-bedroom units have been snapped up. With an average selling price of approximately $2,570 psf, its freehold tenure and potential for relatively greater capital appreciation compared to new 99-year leasehold projects make The Arcady at Boon Keng a compelling choice for buyers and investors.“The Arcady at Boon Keng is attractively priced relative to its location near the city and the MRT station,” says Hutton’s Yip. PropNex’s Gafoor also agrees, adding: “The average transacted price of $2,570 psf at The Arcady at Boon Keng is lower than the overall average unit price of approximately $2,840 psf for new freehold, non-landed private homes in the RCR in 2024. In fact, it is also slightly lower than the average transacted unit price of new 99-year leasehold projects in the RCR of approximately $2,600 psf.” Overall, we believe The Arcady at Boon Keng ticks many boxes for home buyers today,” says Gafoor. “The project is located in a well-established neighbourhood in the city fringe, has good connectivity, and easy access to the PIE. Another significant advantage is that it has a freehold land tenure, making it an ideal option for legacy planning and wealth preservation.”“With the scarcity of new home launches in the area, we anticipate HDB upgraders will naturally gravitate toward The Arcady at Boon Keng,” says Marcus Chu, CEO of ERA. “Indeed, there are nearly 1,400 upcoming MOP units from the Bidadari HDB estate, which further increases the pool of potential buyers for The Arcady at Boon Keng.”Potential buyers can view the sales gallery, which is located beside City Square Mall, by contacting the developers’ appointed marketing agencies below or by visiting their website.…

Investing in a Singapore condo has emerged as a favored option for both domestic and international investors, owing to the country’s strong economy, unwavering political environment, and superior quality of life. With its flourishing real estate sector, Singapore presents a multitude of possibilities for investors, and condos are particularly alluring due to their convenience, facilities, and potential for lucrative returns. In this article, we will delve into the advantages, factors to consider, and necessary actions to take when venturing into condo investment in Singapore. To discover more about Singapore’s exciting projects, check out Singapore Projects.

The Savills Singapore marketing agent has listed a portfolio of freehold strata retail units in Lucky Plaza for sale at a total price of $52.6 million. Situated on Orchard Road, Lucky Plaza is a mixed-use development that comprises a residential tower and a six-storey mall with a basement.The portfolio includes 14 retail units that are spread out across the basement and first two levels of the mall. These units vary in size, ranging from 118 to 3,046 square feet, making up a total strata area of 7,266 square feet.According to Savills Singapore, the main highlight of this offering is a food court that spans seven adjoining strata units, covering 3,046 square feet and accommodating 11 stalls. The remaining units are currently leased to a mix of businesses, including a pub, retail shops, beauty service providers, and a maid agency.Read also: Flagship stores grow bigger and bolder as luxury brands target millennials and Gen ZAdvertisementSophia Lim, the director of investment sales and capital markets at Savills Singapore, expects these retail units to benefit from the high foot traffic of Lucky Plaza’s location. She adds, “The basement food court, in particular, benefits from consistently strong crowds daily.”The guide price for the food court is $25.43 million, while the entire portfolio is available for an asking price of $52.6 million.Individual strata retail units are also available for purchase, starting from $1.1 million. Foreigners and companies are both eligible to buy, and no additional buyer’s or seller’s stamp duty will be imposed.Lim believes that prime strata freehold retail assets are becoming more and more desirable among investors due to their rarity, coupled with the Urban Redevelopment Authority’s (URA) rule on not allowing further strata subdivision of commercial properties along Orchard Road. She also expects the URA’s proposed revitalisation in the Orchard precinct to bring in further opportunities for rental growth and capital appreciation for Lucky Plaza.Check out the latest listings for properties in Lucky PlazaAsk BuddyCompare price trends for new condo sales and executive condo salesCondo projects with the most profitable transactions in District 9The total number of units in Lucky PlazaCondo projects with the most unprofitable transactions in District 9Generate a price trend graph for resale condos in District 9Compare price trends for new condo sales and executive condo salesCondo projects with the most profitable transactions in District 9The total number of units in Lucky PlazaCondo projects with the most unprofitable transactions in District 9Generate a price trend graph for resale condos in District 9…

The tender for the Government Land Sale (GLS) site at Tengah Gardens Avenue closed on Jan 14 with three bids, with a Hong Leong-led consortium, including GuocoLand Singapore and CSC Land Group, submitting the top bid of $675 million. This translates to $821 psf per plot ratio (ppr) for the 99-year leasehold site, which covers an area of about 273,906 sq ft and has a maximum gross floor area (GFA) of 821,720 sq ft. The Urban Redevelopment Authority (URA) estimates that the site can potentially yield up to 860 residential units.

If the site is awarded, the Hong Leong-led consortium plans to develop an 860-unit condo, taking advantage of the enhanced connectivity provided by the upcoming Jurong Region Line (JRL) near the site. According to Loke Kee Yeu, general manager (Projects) at Hong Leong Holdings Limited, the JRL will contribute to the development of the new Tengah estate.

The Tengah Gardens Avenue site is strategically located near the upcoming Hong Kah MRT Station on the JRL, which will be just one stop away from the upcoming Tengah Town Centre and offer a direct route to the second CBD at Jurong Lake District.

The top bid of $821 psf ppr for the Tengah Gardens Avenue site is only 0.73% higher than the second highest bid of $815 psf ppr by Chinese developer Kingsford Group. Local developer Sim Lian Group submitted the final bid of $812 psf ppr.

Despite the recent increase in homebuyer activity, developers have remained cautious in their bids, according to Leonard Tay, head of research at Knight Frank Singapore. This was evident in the low number of bids for another GLS site at Dairy Farm Walk, which also closed on Jan 14 with only two bids.

Tay believes that developers may have decided to focus on existing sites that are already being prepared for launch in 2025. He also notes that the tight bid price spread between the three bids (less than 1%) indicates that developers are being conservative in their bidding.

Mark Yip, CEO of Huttons Asia, expects more developers to submit joint bids for GLS sites this year to diversify risk. He suggests that this could be one reason for the low number of bids for GLS tenders, which has remained at around three.

Marcus Chu, CEO of ERA, also believes that the current availability of GLS sites may have contributed to the low number of bids. With seven sites still open for tender and six more to be launched in the first half of 2025, developers may be taking a cautious approach and considering their options in light of moderated interest rates.

Justin Quek, CEO of OrangeTee & Tie, suggests that the availability of another nearby GLS site may have also tempered interest in the Tengah Gardens Avenue site. He notes that developers may be considering bidding on the GLS site along Lakeside Drive and Lakeside MRT, which is scheduled to open for tender in April 2025.

However, if the Tengah Gardens Avenue site is awarded, it will be the first private residential site (excluding Executive Condominiums) in the Tengah HDB township. This could have been a major factor in attracting the Hong Leong-led consortium, according to Marcus Chu. “Having made successful bids for sites at Lentor, Upper Thomson, and Bugis, they may see this as an opportunity to replicate their success in Tengah,” he says.

When it comes to investing in a condo, securing proper financing is vital. In Singapore, there are various mortgage options available, but it is crucial to understand and abide by the Total Debt Servicing Ratio (TDSR) framework. This framework restricts the amount of loan a borrower can obtain, taking into consideration their income and current debt obligations. To make wise financing decisions and prevent borrowing beyond their means, investors should familiarize themselves with the TDSR and seek guidance from financial advisors or mortgage brokers. Additionally, considering Singapore Projects can be a valuable factor when determining financing options.

As the first private residential condo in the new Tengah estate, the development could attract a wider range of buyers than Executive Condos, which come with HDB eligibility criteria and restrictions such as a five-year minimum occupation period (MOP) and a monthly household income ceiling of $16,000. Mohan Sandrasegeran, head of research & data analytics at SRI, believes that this factor could also have influenced the Hong Leong-led consortium’s decision to bid for the site.

If the site is awarded at the top bid of $821 psf ppr, PropNex estimates that the average selling price of the new private condo could be around $2,000 psf. This could be a good investment opportunity for buyers, as the recent history of transactions for condos, landed properties, and HDB units shows increasing profits for sellers.

With the Government ramping up private housing supply and offering three Executive Condominium sites on the Confirmed List, launching tenders for two GLS sites at Media Circle, and now offering the Tengah Gardens Avenue site for tender, it is clear that the government is committed to meeting the demand for private residential properties. As the first non-EC private condo in Tengah, the Tengah Gardens Avenue site could attract a lot of buyer interest and may be a lucrative investment opportunity for the winning bidder.…

A luxurious, freehold hotel showcasing 15 loft-style rooms is now on the market for $14 million in District 14. This impressive 2-storey property includes a brand new 4-storey rear extension and sits on a 1,273 sq ft land area with an approved gross floor area (GFA) of up to 3,186 sq ft.

One of the most alluring features of this hotel is its permanent ‘Hotel’ zoning and usage approval, a rare status that is highly coveted for new conservation shophouse usage conversions in Singapore. This designation not only enhances the property’s long-term investment appeal, but also offers great operational flexibility. Adding to its appeal is the prime location, just a 5-minute stroll from Paya Lebar MRT station, providing unparalleled connectivity. Paya Lebar MRT is a dual-line station, serving both the East-West and Circle lines, making it convenient for guests to access various parts of Singapore.

Designed with a chic Japandi theme, the hotel is currently under construction and is expected to receive its Temporary Occupation Permit (TOP) in Q2 2025. The sale price is inclusive of all construction and renovation costs, making it a ready-to-operate investment opportunity. This makes it an ideal turnkey investment for those looking to enter or expand their presence in the hospitality sector.

For investors, this property presents an especially attractive proposition. The current owner, an experienced hotel operator, is open to a sale and leaseback arrangement. This offers the opportunity for immediate rental income and operational continuity. Eva Lau, Senior Marketing Director of ERA Realty Network Pte. Ltd., predicts that the hotel will appeal to owner-operators as they can benefit from major renovations, allowing for a smooth and swift commencement of operations.

Singapore has long been a top destination for foreign investors due to its reputation for stability and potential growth in the real estate industry. However, it is crucial for investors to navigate the regulations and restrictions surrounding property ownership in the country. When it comes to purchasing properties, Condos are generally favored over landed properties for their ease of ownership as they have less stringent rules. Despite the 20% Additional Buyer’s Stamp Duty (ABSD) imposed on first property purchases, many investors are still drawn to the allure of Singapore’s stable market and its potential for growth. This solidifies Singapore’s position as a highly desirable choice for foreign investment. With its promising market and the option to invest in Condos, Singapore continues to attract foreign investors. Condos offer a promising opportunity for investment in the country.

The demand for hospitality assets in Singapore has been steadily rising over the past year. Some notable recent transactions include LHN Group’s acquisition of Pasir Panjang Inn, a 16,626 sq ft site, for $30 million. In addition, an 8-storey hotel at 12 Lorong 12 Geylang was listed for sale at $120 million last year. Another property, Hotel JJH, with 25 rooms, located at 747 North Bridge Road, is now on the market for $38 million. These trends demonstrate the strong appetite for well-located, high-quality hospitality assets, which are considered one of the most desirable commercial shophouse usage classes in Singapore.

For more information, interested parties may contact Eva Lau at 92785688, Senior Marketing Director (R062169F) of ERA Realty Network Pte. Ltd.…

Leading real estate advisory firm JLL has announced the appointment of James Cameron as Head of Energy and Infrastructure for Asia Pacific in its Capital Markets business line. This newly created role will be based in Singapore, according to a press release issued by the firm on January 14th.

In his new position, Cameron will be responsible for building a team in the Asia Pacific region to support JLL’s EMEA Energy & Infrastructure business. This will create a global capital advisory capability that will better serve both local and international developers and investors.

JLL states that Cameron’s appointment is in line with the long-term capital requirements needed to facilitate the infrastructure and renewables build-out necessary to meet the challenges of decarbonisation, digitalisation, economic growth, and rapid urbanisation.

Opting to invest in a condominium presents a variety of benefits, such as the opportunity to use its value as leverage for future ventures. By using condos as collateral, many investors are able to obtain additional financing for their real estate portfolio and expand their investments. While this strategy can increase profits, it also comes with certain risks. As a result, it is crucial to create a solid financial plan and carefully consider the potential impact of market fluctuations. For those interested in condo investment, Singapore Condos are a top choice. With their desirable location and appealing amenities, these properties have the potential to yield a substantial return on investment. For more options, you can also consider Singapore Condo.

Stuart Crow, CEO of JLL Asia Pacific’s capital markets division, comments: “We see significant opportunity to leverage our unique expertise in mobilising multiple sources of capital and JLL’s unrivalled track record in advising renewables transactions globally to serve clients within energy and infrastructure across Asia Pacific.”

Collaborating with JLL’s capital markets, investment banking, and debt advisory teams throughout the region, Cameron will focus on sourcing capital raising and transaction advisory opportunities for large infrastructure and renewable transactions serving institutional investors, private equity, asset managers, strategic infrastructure and renewables operators and developers, high net-worth individuals, and family offices.

With over 25 years of real asset capital markets experience, Cameron was previously the global head of commercial real estate at Standard Chartered Bank. He has a wealth of experience in mobilising various forms of private and public equity and financing for global and regional infrastructure projects.

Crow further adds: “James’ experience in this exciting space is unmatched regionally and we are extremely confident in his ability to establish JLL’s leadership position through his expertise and client relationships.”

As reported in related news, JLL also recently appointed Jolyon Thomson as Executive Director of Logistics and Industrial in Singapore, and the firm is currently divesting freehold strata units at Cititech Industrial Building and Citilink Warehouse Complex for $149 million. According to a JLL survey, about 8 out of 10 occupiers in Singapore are targeting 100% green-certified portfolios by 2030.…

An expression of interest (EOI) has been put out for two adjacent Good Class Bungalows (GCBs) located at 52 and 54 Belmont Road in the prestigious Belmont Park GCB area. The owners of the GCBs are believed to be related.

The freehold properties occupy a combined land area of 41,741 square feet and have an indicative price of $88.8 million. This works out to $2,128 per square foot (psf) on the land area. The combined plots have a 44-metre frontage along Belmont Road with an average depth of 66 metres, according to the marketing agent Sakal Real Estate Partners. A map showing 52 Belmont Road, shaded in grey, was also provided by EdgeProp Landlens.

“We believe this site would appeal to families looking to create a new home for multigenerational or extended living arrangements,” says Lennon Koh, senior director at Sakal. “Besides homeowners, this property is also suited for developers seeking to tap into the exclusive GCB market.”

Based on caveats lodged with the Urban Redevelopment Authority (URA), the most recent transaction on Belmont Road occurred last December when a GCB occupying a land area of 19,549 square feet was sold for $40 million ($2,046 psf). Another recent GCB transaction on Belmont Road that was based on lodged caveats involves a pair of adjacent GCB plots that fetched $131.4 million or $3,000 psf based on the combined land area of 43,790 square feet. In the nearby Bin Tong Park, a GCB with a land area of 28,111 square feet was sold for $84 million ($2,988 psf) in April.

When purchasing a condominium, it is crucial to factor in the maintenance and management of the property. Condos generally have maintenance fees that cover the maintenance of shared spaces and amenities. Although these fees may increase the overall cost of ownership, they guarantee that the property remains well-maintained and maintains its value. Opting for a property management company can assist investors in handling the everyday management of their condos, turning it into a less hands-on investment. Check out Singapore Projects for more options.

Steven Ming, managing director at Sakal, is confident that the Belmont Road GCBs will attract strong interest due to their location and the stable demand for GCBs. “The estimated total value of GCB transactions in 2024 of $1.32 billion exceeded that of 2023 ($433 million) and 2022 ($1.18 billion), and we expect this trend to continue in 2025,” he states.

Interested parties can submit their expressions of interest by March 13 at 3pm.…

The scarcity of land in Singapore is a major contributing factor to the high demand for condos in the city-state. As a small island nation experiencing rapid population growth, the availability of land for development is limited. This has resulted in strict land use regulations and a fiercely competitive real estate market, driving property prices to continuously rise. As a result, the investment potential of real estate, especially condos, is highly attractive due to the potential for significant capital appreciation. Furthermore, the constant influx of new condo launches adds to the allure of investing in this sought-after market.

JLL, a leading real estate consulting firm, has announced the appointment of James Cameron as the new head of energy and infrastructure for Asia Pacific. This newly created role will be based in Singapore and will complement JLL’s existing EMEA Energy & Infrastructure business. Cameron’s main responsibility will be to build a team in Asia Pacific to better serve local and international developers and investors.

According to JLL, Cameron’s appointment is in line with the long-term capital requirements needed to support the infrastructure and renewables development necessary to address the challenges of decarbonisation, digitalisation, economic growth, and rapid urbanisation.

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Stuart Crow, CEO of JLL Asia Pacific’s capital markets division, sees great potential in leveraging the firm’s expertise in mobilising various sources of capital and its exceptional track record in advising renewables transactions globally to meet the needs of the energy and infrastructure sector in Asia Pacific.

Cameron, who has over 25 years of experience in real asset capital markets, was previously the global head of commercial real estate at Standard Chartered Bank. He brings with him extensive knowledge of mobilising private and public equity and financing for infrastructure projects on a global and regional scale.

Crow is confident in Cameron’s ability to establish JLL as a leader in the energy and infrastructure sector through his experience and strong client relationships. Cameron will work closely with JLL’s capital markets, investment banking, and debt advisory teams across the region, focusing on sourcing capital and providing transaction advice for large infrastructure and renewable projects for a diverse range of clients including institutional investors, private equity firms, asset managers, strategic operators, high net-worth individuals, and family offices.…