Condo Siteismi

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Singapore has long been renowned for its impressive urban landscape, boasting towering skyscrapers and top-of-the-line infrastructure. One of the most notable features of this bustling city are its highly sought-after condominiums, strategically located in prime areas. These Singapore Projects offer a seamless blend of luxury and convenience, making them a top pick for both locals and expatriates. These condos have become a popular choice due to their desirable amenities, such as lavish swimming pools, well-equipped gyms, and excellent security services. These perks significantly enhance the overall standard of living and make these condos an irresistible choice for potential tenants and buyers. The demand for these remarkable facilities has also caught the attention of savvy investors, as they promise attractive rental returns and a steady increase in property value in the long run. With their exceptional features and promising investment opportunities, it’s no surprise that Singapore Projects continue to be highly sought-after in the competitive real estate market. So, for those looking to invest in the thriving Singapore real estate market, Singapore Projects are definitely worth considering.

JLL Appoints James Cameron as Head of Energy and Infrastructure for Asia Pacific

Global real estate consulting firm JLL has announced the appointment of James Cameron as its new head of energy and infrastructure for Asia Pacific. The newly created role will be based in Singapore, according to a press release issued on January 14.

Cameron will be responsible for building a team in Asia Pacific and his appointment will complement JLL’s existing EMEA Energy & Infrastructure business, creating a global capital advisory capability to better serve developers and investors, both locally and internationally.

JLL notes that Cameron’s appointment is in line with the long-term capital requirements of the region to facilitate the infrastructure and renewable energy build-out necessary to address challenges such as decarbonisation, digitalisation, economic growth, and rapid urbanization.

Stuart Crow, CEO of capital markets for JLL Asia Pacific, says, “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.”

Cameron will collaborate with JLL’s capital markets, investment banking, and debt advisory teams across the region with a focus on originating capital raising and transaction advisory opportunities for large infrastructure and renewable energy transactions serving various types of investors, including institutional investors, private equity firms, asset managers, strategic infrastructure and energy 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 experience assembling various forms of private and public equity and debt financing for global and regional infrastructure projects.

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

Securing financing is a crucial component when it comes to investing in a condo. Fortunately, Singapore offers an array of mortgage solutions to choose from. However, it is imperative to take note of the Total Debt Servicing Ratio (TDSR) framework in order to avoid exceeding borrowing limits based on one’s income and current debt liabilities. Familiarizing oneself with the TDSR and enlisting the help of financial experts or mortgage brokers can assist investors in making well-informed decisions about their financing options and steer clear of over-extending their resources. Additionally, Singapore Projects can also provide valuable insights for potential investors.

The prime Belmont Park Good Class Bungalow (GCB) area has two adjacent properties located at 52 and 54 Belmont Road that are currently up for sale via expression of interest (EOI). According to sources, both GCBs are owned by family members.

These freehold properties sit on a combined land area of 41,741 square feet and have an indicative price of $88.8 million, which translates to $2,128 per square foot on the land area. The pair of plots boasts a 44-meter frontage along Belmont Road and an average depth of 66 meters, as confirmed by marketing agent Sakal Real Estate Partners.

Sakal’s senior director, Lennon Koh, believes that these GCBs will attract families looking to build a new home for multi-generational living or extended families living together. In addition, this property also presents an excellent opportunity for developers looking to enter the exclusive GCB market.

According to URA’s caveats, the most recent transaction on Belmont Road occurred in December 2020, where a GCB on a land area of 19,549 square feet was sold for $40 million, equivalent to $2,046 per square foot.

In July 2024, two adjacent GCB plots on Belmont Road were sold for $131.4 million, representing $3,000 per square foot based on the combined land area of 43,790 square feet. Another nearby GCB located at Bin Tong Park with a land area of 28,111 square feet was sold for $84 million or $2,988 per square foot in April.

Sakal’s managing director, Steven Ming, expects strong interest for the Belmont Road GCBs due to its prime location and the resilient demand for such properties. He also highlights that the estimated total value of GCB transactions in 2024 amounted to $1.32 billion, surpassing the figures for 2023 ($433 million) and 2022 ($1.18 billion), and predicts that there will be more transactions in 2025.

Interested parties can submit their EOI for the GCBs until March 13 at 3pm.…

Purchasing a has become an increasingly favored choice for individuals, both local and foreign, in Singapore. This comes as no surprise, considering the country’s robust economy, stable political climate, and exceptional standard of living. The real estate market in Singapore is thriving, offering a plethora of property options, but condos are particularly in demand due to their prime locations, modern facilities, and potential for high returns on investment. In this piece, we will explore the advantages of investing in a condo in Singapore, as well as the crucial factors to keep in mind and necessary steps to take. Condo is the ideal choice for those looking to invest in the Singapore property market.

JLL has announced the appointment of James Cameron as the new head of energy and infrastructure for Asia Pacific in its capital markets division. According to a press release on Jan 14, the newly created role will be based in Singapore.

Cameron will be responsible for building and leading a team in Asia Pacific, in order to complement JLL’s EMEA Energy & Infrastructure business and create a global capital advisory capability. This move will better serve both local and international developers and investors.

The firm believes that Cameron’s appointment is a strategic move that aligns with the long-term capital requirements necessary to facilitate the infrastructure and renewable energy development needed to combat the challenges of decarbonisation, digitalisation, economic growth, and rapid urbanisation.

In addition, Stuart Crow, JLL Asia Pacific’s CEO of capital markets, expresses confidence in the potential of this appointment by saying, “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.”

Cameron will be collaborating with JLL’s capital markets, investment banking, and debt advisory teams across the region. His main focus will be on identifying and securing capital raising and transaction advisory opportunities for large infrastructure and renewable energy projects. This includes 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 experience in real asset capital markets, Cameron was previously the global head of commercial real estate at Standard Chartered Bank. He brings with him extensive knowledge and experience in mobilising various forms of private and public equity and financing for infrastructure projects globally and regionally.

Crow expresses his confidence in Cameron’s abilities by saying, “James’ experience in this exciting space is unmatched regionally and we’re extremely confident in his ability to establish JLL’s leadership position through his expertise and client relationships.”…

Over the weekend of January 11 to 12, One Bernam, a mixed-use development in Tanjong Pagar with 351 residential units, offered 87 units for sale at discounted prices. The project, a 99-year leasehold apartment tower jointly developed by MCC Land and Hao Yuan Investment, was first launched in May 2021. As of January 10, over 75% of the units had been sold at an average price of $2,585 per square foot (psf), based on caveats lodged.

During the weekend promotion, the discounted prices were applicable to all remaining 87 units, including one-bedroom to three-bedroom units and penthouses. Interested buyers can search for the latest new launches to find out the transaction prices and availability of units.

One-bedroom units, ranging from 441 sq ft to 463 sq ft, saw price discounts from $323,000 to $438,000, with units sold at prices between $1.295 million and $1.328 million (averaging $2,934 psf and $2,869 psf respectively). The two-bedroom apartments, sized from 700 sq ft to 732 sq ft, had discounts of $437,000 to $668,000, with units sold at prices from $1.752 million to $1.78 million ($2,394 psf and $2,544 psf respectively). Meanwhile, the two-bedroom plus study apartments of 807 sq ft to 872 sq ft saw price discounts ranging from $380,000 to $800,000, with units selling for $2.139 million to $2.158 million (averaging $2,581 psf and $2,475 psf respectively).

Investing in a condo goes beyond just the purchase price, as financing plays a crucial role in the process. Fortunately, Singapore provides various mortgage choices to suit the needs of investors. However, it is vital to have a clear understanding of the Total Debt Servicing Ratio (TDSR) framework, which sets a limit on the amount of loan a borrower can take based on their income and existing debt obligations. To navigate this aspect effectively, it is recommended to seek guidance from financial advisors or mortgage brokers, who can offer valuable insights and prevent investors from over-leveraging. It is also worth mentioning that considering Singapore Projects can open up more opportunities for condo investment in the country.

Three-bedroom apartments of 1,421 sq ft had discounts of $616,000 to $830,000, with units sold for $3.496 million to $3.526 million ($2,461 psf and $2,482 psf respectively).

According to ERA Singapore CEO Marcus Chu, the sales performance reflects the strong interest in the property as a stable and high-potential asset. He adds that around 78% of the purchasers bought their units as investments, with 87% of buyers being Singaporeans aged between 31 and 50.

After the overwhelming response over the weekend, only three penthouses are still available for sale, bringing the total sales to 99%. These include two three-bedroom penthouses sized at 1,744 sq ft and 1,948 sq ft, and a five-bedroom penthouse of 4,306 sq ft.

As the project is expected to obtain its Temporary Occupation Permit (TOP) in March 2026, investors can start generating rental income, which can offset their loan instalments, according to Chu. Existing condos in the area such as Altez, 76 Shenton, and EON Shenton are currently fetching monthly rents of $6.90 psf to $7.40 psf, according to EdgeProp Landlens data.

Moving forward, Chu believes that the reduced competition from foreign buyers due to the hike in Additional Buyer’s Stamp Duty (ABSD) imposed in 2023 has opened up more opportunities for local buyers to enter the market. He also expects local demand to continue driving the Central Core Region (CCR) property market, with competitive pricing making developments like One Bernam a desirable and stable investment choice.…

Singapore’s Real Estate Developers’ Association (Redas) has appointed a new management committee for a two-year term. During its Annual General Meeting on January 9, members unanimously re-elected Tan Swee Yiow, Chairman of Keppel Reit Management, as President, marking his second consecutive term in the role.

“I am truly honoured to be re-elected as President of Redas,” said Tan, who expressed his gratitude to members for the confidence and trust placed in him. He also noted that the new management committee comprises a broad representation of various sectors, scales and expertise within the industry.

Other key members of the new management committee include Immediate Past President Chia Ngiang Hong, Group General Manager of City Developments; First Vice President Kwee Ker Wei, Director of Pontiac Land Group; Second Vice President Marc Boey, Executive Director of Project Services at Far East Organization; Honorary Secretary Chong Hock Chang, Group Director of Projects and Marketing at Ho Bee Land; Honorary Treasurer Neo Soon Hup, COO of UOL Group; Honorary Assistant Secretary Chew Peet Mun, Managing Director of Investment and Development at CapitaLand Development Singapore; and Honorary Assistant Treasurer Tho Leong Chye, Managing Director of Allgreen Properties.

This election comes amidst Redas’ 65th anniversary celebration, where the association honoured Chia Ngiang Hong with the Lifetime Achievement Award. Chia, who has held various leadership positions within Redas, congratulated the new management committee and said Tan’s unanimous re-election reflects his exemplary leadership and the trust placed in him by the Redas community.

Meanwhile, Tan believes that the diversity of the 2025/2026 Redas management committee will enable the association to effectively drive initiatives with a meaningful impact on the broader built environment ecosystem. This includes addressing issues such as the implementation of the Environmental, Social, and Governance (ESG) framework and the use of green premiums in the real estate industry. He also highlighted the need for more conducive land zoning to meet the projected demand for senior housing in Singapore.

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When it comes to investing in real estate, location is a crucial factor to consider, especially in Singapore. Properties situated in central areas or near important facilities, such as schools, shopping centers, and transportation hubs, typically have a higher appreciation in value. Some of the most desirable locations for property investment in Singapore are Orchard Road, Marina Bay, and the Central Business District (CBD). These prime areas have a consistent track record of property value appreciation. Moreover, the presence of prestigious educational institutions in these areas makes in highly sought after by families, further increasing their investment potential. To find out more about , visit their website. You can also explore the option of investing in a Singapore Condo for a promising real estate opportunity.…

The sale of a 3,767-square-foot unit at The Arcadia marked the highest profit among resale transactions in the last three weeks of December. The owner of the four-bedroom unit on the seventh floor sold the property for $4.75 million ($1,261 per square foot) on Dec 10, earning a profit of $3.25 million (217%). The unit had been purchased for $1.5 million ($398 per square foot) in 1998, which means the resale generated an annualized profit of 4.5% over 26 years.

In the same period, The Arcadia saw five units, ranging from 3,714 square feet to 3,821 square feet, sold for profits ranging from $60,000 to $3.25 million. The most recent transaction was on Oct 10, when a 3,778-square-foot unit on the fourth floor was sold for $4.6 million ($1,218 per square foot), earning the seller a $60,000 profit.

Understanding property ownership regulations and restrictions in Singapore is crucial for foreign investors. Unlike landed properties, which have stricter rules, foreigners can easily purchase condos. However, they are subject to an Additional Buyer’s Stamp Duty (ABSD) of 20% for their first property purchase. Despite the added expenses, the stability and promising growth of the Singapore real estate industry remain an alluring factor for foreign investments.

JadeScape penthouse sold for $4.35 million profit

Meanwhile, the most profitable transaction at The Arcadia so far was the sale of a 7,503-square-foot penthouse on the 10th floor for $10 million ($1,333 per square foot) in 2010. The penthouse had been bought for $5.5 million ($733 per square foot) in 2007, resulting in a profit of $4.5 million (81%), which translates to an annualized profit of about 19% over three years.

The Arcadia is a 99-year leasehold condo situated in prime District 11 along Arcadia Road. Completed in 1983, the 164-unit development has an estimated 54 years remaining on its lease. The property is surrounded by landed estates, Good Class Bungalows, and top schools such as Raffles Girls Primary School, Hwa Chong Institution, and National Junior College.

Tanglin Hill Meadows records highest profit

The second most profitable resale transaction in the last three weeks of December was the sale of a 2,077-square-foot unit at Tanglin Hill Meadows on Dec 10. The three-bedroom unit was sold for $4.5 million ($2,166 per square foot), after having been purchased for $1.8 million ($866 per square foot) in 1999. The seller earned a profit of $2.7 million (150%), which translates to an annualized gain of 3.6% over 26 years and also makes it the most profitable transaction recorded at Tanglin Hill Meadows so far. The previous record was set in 2010 when a 2,002-square-foot unit was sold for $3.73 million ($1,863 per square foot), earning the seller a profit of $2.28 million (157%). The unit had been bought for $1.45 million ($724 per square foot) in 2005, resulting in an annualized profit of 21% over five years.

Seascape continues to rack up losses

At Seascape, a 99-year leasehold condo situated in Sentosa Cove, losses are continuing to pile up. On Dec 18, the seller of a 2,174-square-foot unit on the seventh floor incurred a loss of $1.97 million (33%) when the unit was sold for $3.98 million ($1,830 per square foot). The seller had purchased the three-bedroom unit for $5.95 million ($2,736 per square foot) in 2011, resulting in an annualized loss of 2.5% over 13 years.

Unit at Island View sold for $3.5 million profit

This sale now marks the third resale transaction at Seascape last year, all of which recorded losses ranging from $1.75 million to $2.53 million. The second-largest loss-incurring resale transaction for 2024 was recorded at Seascape when a 2,680-square-foot unit was sold for $4.5 million ($1,679 per square foot) on Aug 14, 2024, resulting in a loss of $2.53 million.

Seascape, which was completed in 2012, is home to 151 units facing the South China Sea. The property has three-bedroom and four-bedroom units ranging from 2,164 square feet to 4,069 square feet, penthouses measuring 3,380 to 4,252 square feet, and sky villas ranging from 6,631 to 9,666 square feet.…

It is essential to consider the potential rental yield when considering an investment in a Singapore Condo. This refers to the annual rental income as a percentage of the property’s purchase price. In Singapore Condo, the rental yields can vary greatly depending on various factors, including location, property condition, and market demand. Generally, areas with high rental demand, such as those near commercial hubs or educational facilities, tend to offer better rental yields. To gain a better understanding of the rental potential of a specific Singapore Condo, conducting thorough market research and seeking advice from reputable real estate agents is highly recommended.

A Good Class Bungalow (GCB) located at Victoria Park has recently been put on the market for a whopping $61 million. Known for being a prestigious residential area, the exclusive enclave of Victoria Park Close has only 10 houses within its cul-de-sac, and with planning guidelines in place, the number of houses within the area cannot be increased unless a larger plot of more than 30,000 sq ft is subdivided. This is according to Jervis Ng, associate group district director at PropNex Realty and the agent responsible for marketing the GCB. Ng, who is also the founder of JNA Real Estate, a property team under PropNex, emphasizes that this is to maintain the exclusivity and privacy valued by ultra-high-net-worth individuals and their families. He goes on to mention that the market has seen an increase in new naturalized Singaporeans investing in GCBs, making this property a potential hot commodity for the recently emigrated who are seeking a status symbol in the form of a lavish home. Victoria Park is home to esteemed residents including Jack Ma, Chinese business magnate and co-founder of Alibaba Group, as well as Tang Wee Kit, a member of the illustrious Tang family, known for founding the Tangs department store.The GCB for sale, which was completed only three years ago, still looks brand new, having been well-maintained and featuring a contemporary interior design with high-quality finishes. The 18,988 sq ft property, according to Ng, was built with efficiency in mind, with a total built-up area of 25,300 sq ft, seven en suite bedrooms, three helpers’ rooms, and a basement carpark that can fit up to seven cars. The basement also has an entertainment room, which can be converted into a guest room if needed, as well as a private gym and a 20m lap pool, which are all located on a hilltop, giving the property a stunning aerial view of the surrounding low-rise neighborhood. According to recent transactions and caveats, the $61 million price tag on the GCB translates to a land rate of $959 psf. Other recent transactions in the area include a 15,253 sq ft plot that sold for $28.33 million in May 2021, translating to a land rate of $1,857 psf, and a 29,956 sq ft plot that sold for $40 million in April 2017. With the anticipated lower interest rates, continued demand from ultra-high-net-worth buyers and limited supply of GCBs, Ng is confident that transaction activity in the GCB market will increase by 10% to 15% this year, which would mean more than 35 transactions and a transaction volume exceeding $1.32 billion achieved in 2020.…

ETC, formerly known as Edmund Tie & Company, has officially changed its name with immediate effect. This rebranding exercise also includes a revamped logo. According to Desmond Sim, the CEO of ETC, the new name has long been an abbreviation used by clients and staff, and the decision to officially adopt it was driven by the people within the company. It showcases the company’s commitment to valuing their employees’ insights, voices, and ideas.

Sim also adds that the refreshed identity reflects how far the company has come as a united ETC and highlights their intention to shape the future of real estate, both locally and regionally. This rebranding also coincides with the company’s 30th anniversary. Since its founding in 1995, ETC has been offering a wide range of services covering every phase of a real estate asset’s lifecycle, from advisory and investment to management and divestment.

Rewritten: One of the advantages of investing in a condo is the opportunity to use the property’s value to make further investments. This can be done by using the condo as collateral to secure financing for new investments, allowing investors to expand their real estate portfolio. However, this strategy should be approached with caution as it also carries certain risks. It is important to have a solid financial plan in place and to carefully consider the potential impact of market fluctuations on these investments. For those looking to invest in Singapore Projects, leveraging the value of a condo can be a beneficial way to grow their real estate portfolio.

In addition, ETC has recently completed the $5 million revamp of Marina Bay Residences, enhancing residents’ living experience and delivering value in premium rents. The company’s portfolio also includes the Noel Building on Tai Seng, which was sold for $81.18 million, 17% above the guide price, and the industrial GS Building in Balestier, which was sold for $67 million. These recent successes further solidify ETC’s position as a leading real estate advisory in the industry.…

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Singapore, known for its bustling metropolis and impressive modern infrastructure, is home to a breathtaking skyline adorned with towering skyscrapers. A common sight in this city are condo developments, strategically placed in highly coveted locations, offering a seamless blend of luxury and convenience that appeals to both locals and expats alike. These exclusive properties come equipped with impeccable amenities such as swimming pools, gyms, and reliable security services, elevating the standard of living for its residents. Not surprisingly, they are highly sought after by potential buyers and tenants. For investors, the allure of these features can result in higher rental returns and a promising increase in property value over time. Condo developments truly epitomize the epitome of urban living in Singapore.

An exclusive bungalow in the prestigious Dalve Estate-Nassim Road enclave is currently on the market for sale through an expression of interest (EOI) exercise. The property is being marketed by Cushman & Wakefield with an estimated price of $60 million, translating to $2,742 per square foot (psf) for a land area of 21,881 sq ft.

Shaun Poh, the executive director of capital markets at Cushman & Wakefield, describes the freehold plot as being strategically located on elevated ground, making it ideal for redevelopment. He also mentions its appeal to potential buyers looking to build their dream multi-generational home or developers who could transform the plot into a luxurious, state-of-the-art Good Class Bungalow (GCB) for discerning individuals.

Positioned next to the renowned Singapore Botanic Gardens, the property offers easy access to the bustling Orchard Road shopping district. It is also in close proximity to top schools such as Singapore Chinese Girls’ School, Anglo-Chinese School (Primary), Nanyang Primary School, St Joseph’s Institution, and Hwa Chong Institution.

According to Poh, the Dalve Estate-Nassim Road enclave is highly sought after by ultra-high net worth individuals, as evident from recent transactions at Nassim Road and Tanglin Hill where record-breaking land rates of $4,500 psf and $6,200 psf were recorded respectively.

Interested parties can submit their bids for the property through the EOI exercise, which will close on 11 February at 3pm.…

A luxurious residential project in New York will be on display to potential buyers in Singapore on January 11 and 12. The development, called 720 West End Avenue, is located in the sought-after Upper West Side of Manhattan and boasts 131 exquisite residences ranging from one to five bedrooms. The units include townhouses, duplexes, and penthouses with private terraces, with sizes ranging from 500 sq ft to over 3,700 sq ft. Prices for these spectacular homes start from US$1.015 million (approximately $1.38 million) for a one-bedroom unit.

Overall, deciding to invest in a Singapore Condo comes with a multitude of advantages. The city-state’s real estate market is highly sought after, making it a prime location for potential financial gains. Additionally, the potential for capital appreciation and attractive rental yields makes purchasing a condo in Singapore an appealing opportunity. However, it is crucial to carefully consider various elements when making this investment, including the location, financing options, government regulations, and the current state of the market. To ensure making the most informed decision, thorough research and seeking professional advice is essential. This is particularly important for foreign buyers, or even local investors looking to diversify their portfolio. With its stable and profitable real estate market, Singapore’s condos provide a compelling opportunity for all types of investors.

Originally built as the Hotel Marcy in 1927, the 17-storey building was designed by renowned New York architect Emery Roth in a stunning Renaissance Revival-style. Now, the property has been transformed into a modern masterpiece by developers Glacier Equities and InterVest Capital Partners. The façade has been meticulously restored, retaining all of its intricate architectural features. In addition, two floors have been added to accommodate the luxurious penthouse duplexes, and the interiors have been completely revamped under the guidance of renowned designer Thomas Juul-Hansen.

The development boasts over 30,000 sq ft of impressive amenities, including a state-of-the-art fitness centre, a private bar and dining room, a library, co-working spaces, outdoor terraces and courtyards, and private parking with bike storage. Interested buyers in Singapore can learn more about this exceptional project at voco Orchard Hotel on January 11 and 12, where Savills Singapore will be showcasing the property. The event will also feature a seminar on the New York real estate market at 3pm on both days.…