Shipyard at Benoi Road for sale at $11.3 mil

An industrial property at 1 Benoi Road, located in Jurong Industrial Estate, has launched for sale with an Expression of Interest (EOI) exercise with a guide price of $11.3 million. With a sprawling site area of over 500,000 sq ft, the property has waterfront access.

Huttons Asia, the marketing agent for this property, said in a press release that it is suitable for shipbuilding, ship or vessel repair and maintenance. The property is situated at the junction of Benoi Road and Pioneer Road and lies 24km from the city centre. It is close to housing estates such as Jurong East, Jurong West, Bukit Batok and Boon Lay Gardens. The Ayer Rajah Expressway and Pan-Island Expressway facilitate greater connectivity.

Isabel It, associate division director at Huttons Asia, said the plot is a regular shape, with a corner frontage of 255m along Benoi Road and Pioneer Road and an average plot depth of 213m. At its east, the land has a 230m frontage along the waterfront. She also said the land is of a flat contour, with an access road level.

Lee Sze Teck, senior director of research at Huttons Asia, noted from records that the last known transaction of comparable property at Benoi Road was a 328,105 sq ft plot at 5 Benoi Road, sold for $10.5 million in December 2020. He also highlighted that a shipyard with approximately 1.5 million sq ft of land at 55 Gul Road – about a 10-minute drive from 1 Benoi Road – was acquired by ST Engineering for $95 million in February.

From his assessment, Lee believes the property for sale is suitable for businesses looking to expand, as plots of land of such size for vessel building or maintenance are rarely available.

The sale of this property is subject to approval from relevant authorities. The EOI exercise is closing this coming April 27 at 3pm.

Those interested can check out the listing near Benoi Road, Jurong Industrial Estate.

Meanwhile, in this current growth landscape, Huttons Asia also predicts a gradual increase in Chinese buyers in Singapore’s residential market in 2023, and will be aiming to have 6,000 agents under its belt by the end of 2024.…

GuocoLand sole bidder for Lentor Gardens GLS site at $985 psf ppr

GLS plot at Lentor Hill fetches $1,130 psf pprGuocoLand emerges victorious for GLS plot at Lentor Gardens at $985 psf ppr

Today, the tender for the residential government land sale (GLS) site at Lentor Gardens closed with only one bid, $486.8 million, from GuocoLand and Intrepid Investments (a subsidiary of Hong Leong Group). The amount translates to a land rate of $985 psf per plot ratio (psf ppr).

The joint venture partners are envisioning the development of a new, high-end residential area with around 533 units that will include 600 sqm of childcare facilities. This new development complements the two projects – Lentor Modern and Lentor Hills Residences – of the transforming Lentor Hills estate.

Mark Yip, CEO of Huttons Asia, remarks that this $958 psf ppr bid is the lowest for a land parcel in the Lentor precinct. There was also only one bid since the tender of the Silat Avenue GLS site in 2018, won by a consortium led by UOL Group for $1.035 billion.

Two other residential GLS sites have been sold in Lentor: Lentor Central, won by a consortium comprising China Communications Construction, Soilbuild Group Holdings and United Engineers for $481.03 million ($1,108 psf ppr), and Lentor Hills (Parcel B) to TID (a joint venture between Hong Leong Group and Mitsui Fudosan) for $276.36 million ($1,130 psf ppr). Both parcels can yield about 470 and 265 units respectively.

More recently, a GLS site at Lentor Hills Road (Parcel A) was sold for $586.6 million ($1,060 psf ppr). The resulting 598-unit project called Lentor Hills Residences is jointly developed by GuocoLand, Hong Leong Holdings and TID (a joint venture between Hong Leong Holdings and Mitsui Fudosan).

Last September, GuocoLand launched the 605-unit Lentor Modern integrated development. The development was an instant success, with 84% of the units sold on launch weekend, and is now 88% sold at an average price of $2,104 psf. The developer purchased the GLS site for $784.1 million ($1,204 psf ppr) in July 2021.

Huttons’ Yip cites the cloudy economic outlook, along with the risk of being slapped with Additional Buyer’s Stamp Duty for developers if all units are not sold within five years, as reasons behind the continuous downward trend of bids since the launch of the first GLS site at Lentor.

Two other GLS sites at Lentor are available for sale under the 1H2023 GLS Programme – an expected 475-unit site at Lentor Central launching this month, and a 500-unit residential site at Lentor Gardens, which is on the Reserved List.

Knight Frank Singapore’s Head of Research, Leonard Tay, adds that these seven sites – the five that have now been sold and the two still available for sale – could bring about some 3,500 new units to the area and 11,000 new residents.

The site that closed today is within walking distance of the Lentor MRT station and a number of recreational facilities such as Thomson Nature Park and Yio Chu Kang Stadium and Sports Complex. It is also about 1km from CHIJ St Nicholas Girls’ School, which should appeal to parents of school-going children.

Steven Tan, CEO of OrangeTee & Tie, believes that the eventual launch at the Lentor Gardens site could see units priced around $1,950 to $2,050 psf.

The Lentor Hills estate is set to become a premium destination in the months to come, with GuocoLand leading the charge for the area’s growth and development.…

The Myst Condo Nature View by CDL Aries at Bukit Panjang MRT Station

Revitalizing The Myst Condo CDL Aries Acquires Upper Bukit Timah Site to Develop a Highly Sought-After Residential Project for Singaporeans and Investors

A new residential development by City Developments Limited (CDL) Aries which is Myst Condo is located at the heart of Bukit Panjang and Cashew. CDL Aries has been granted the rights to two adjacent plots, 798 and 800 Upper Bukit Timah Road, in Tan Chong industrial park in the northwest of Singapore. At 16,620 square metres (178,900 square feet), this prime property is zoned for residential use and is allowed to have a plot ratio of up to 2.1, with a building of up to 24 stories in height.

In recent years, the city-state has been looking to give Bukit Timah a much-needed facelift, with numerous plans in the works to boost connectivity and introduce more lush greenery. One of these is the Railway Corridor development, located close to The Myst Condo, which will see redundant railway tracks converted into a vibrant community area. Additionally, the Beauty World rejuvenation scheme has been launched to establish a green urban village.

The Myst Condo area is conveniently situated with close proximity to various schools, commercial spaces and parks. Right next to the 19-floor Hazel Park condominium building is the Tan Chong industrial park. Furthermore, it is extremely well-connected to public transport links with the Cashew MRT station of Singapore’s Downtown Line just seven minutes away and the old Bukit Timah railway station being only a 13 minute walk away.

CDL Aries is well-poised to capitalize on the different plans for development and revitalisation of The Myst Condo area, with the acquisition of the Upper Bukit Timah site. Residents and investors alike can look forward to a prestigious and convenient address from CDL’s future residential project, which will be sure to be greatly sought after.

Myst Condo is ideally located for maximum accessibility to the rest of the vibrant city-state, featuring numerous amenities that are within a few steps of its doorstep. Taking advantage of the areas green spaces and rejuvenation projects, CDL is able to develop a residential project that greatly improves the neighbourhood, providing those living here a pleasant and rewarding lifestyle.

CDL Aries is seizing the opportunity to develop a high-end condominium tower in the thriving residential area of Upper Bukit Timah. This strategic acquisition of two plots of land for S$126.3 million ($92.5 million) is set to create an attractive residential project that will no doubt be intensely sought-after by both Singaporeans and financial investors. With the promise of this new condominium, CDL Aries is setting the stage for a major venture that could potentially benefit the local community. Located near to the heart of the town center, it also offers easy accessibility and getting to the nearest MRT Station is a breeze.

The Myst Condo is the ideal place for those seeking convenience and easy access to amenities. It is located just a short distance away from the Bukit Panjang Integrated Transport Hub, giving residents access to plenty of convenient facilities. Furthermore, its proximity to the center of town ensures that getting to the nearest MRT Station is effortless. With these features, the Myst Condo makes for a great choice for those that prioritize convenience and a great location. With a total of four stations nearby, reaching your desired destination is just a few steps away.

Residents of The Myst Condo will appreciate the convenience of having multiple transportation options nearby. Located near to Bukit Panjang Transport Hub, the condominium offers the perfect blend of convenience and flexibility for multigenerational families. It is also within proximity to Bukit Panjang MRT Station, Segar LRT station, and Bukit Panjang Bus Interchange, making it easier to move around the city. With a total of four stations nearby, residents can easily access the places they want to go to with minimal effort.

The Bukit Panjang Integrated Transport Hub is the 9th such hub to be established in Singapore. It is conveniently located close to The Myst Condo and the Hillion Mall, offering an array of convenient amenities and services. In addition, those living at The Myst Condo benefit from the variety of educational establishments in the area. Within a short walk from the property, there is the De La Salle School, while various international schools can also be found close by.

The Myst Condo offers a plethora of amenities to its residents. With the convenience of being a 10 minute walk away from the nearest MRT station and several shopping malls, residents have easy access to dining and entertainment options. The MRT stations within close proximity include Jelapang MRT, Choa Chu Kang MRT, and Yew Tee MRT. For added convenience, the developer offers a free shuttle bus service to the Bukit Panjang Downtown MRT.

If you desire a convenient location, The Myst Condo provides an abundance of public transportation. A half-an-hour walk is all it takes to reach Bukit Panjang MRT Station and Hillview MRT Station. The closest bus stops are Bef Chestnut Avenue, Bukit Panjang Road, and Upper Bukit Timah Road. Furthermore, Orchard Road and the Central Business District can be easily accessed in under 25 minutes.

The Myst Condo of the forest at Bukit Timah Road is a highly sought-after residence in Singapore. Situated amidst a tranquil tropical landscape of rolling hills and lush greenery, this luxurious condominium offers breathtaking views of the natural beauty of its surrounding. Residents can revel in a truly unique living experience that combines comfort and luxury with the serenity of nature.

The Myst of the forest is renowned for its clear perspective, granting an open outlook of the adjoining scenery. Residents of the condominium can savor an unparalleled view of the Bukit Timah Nature Reserve and its verdant green hills from its higher levels. The panorama extends far beyond, producing an atmosphere of serenity and calmness.
In addition, the estate is equipped with 24-hour security and CCTV surveillance for the safety and well-being of its occupants.

Designed to cater to its residents’ comfort and luxury, the Myst CDL of the forest is equipped with modern amenities and facilities. These include a swimming pool, gym, tennis court, and a clubhouse, alongside a sky garden to enjoy the serenity of the surrounding nature. Furthermore, the estate is safeguarded with 24-hour security and CCTV surveillance to ensure the safety and well-being of all occupants.

The Myst of the Forest condominium offers a tranquil, peaceful atmosphere ideal for relaxation and unwinding. Featuring picturesque views and luxurious amenities, it is the perfect destination for anyone looking to bask in the beauty of nature. Residents can also take advantage of its proximity to the Bukit Timah Nature Reserve, which provides ample opportunities for hiking, exploring and nature walks. It is a unique setting that promises to provide its occupants with a truly unforgettable experience.

The Myst Condo is situated in the centre of Bukit Panjang, Singapore, and is located just a short stroll away from Bukit Panjang Integrated Transport Hub and Hillion Mall. This advantageous spot offers The Myst Condo’s residents a wealth of advantages, such as easy access to public transportation and being able to enjoy the nearby mall for shopping and dining options. For this reason, The Myst Condo makes for a great selection for those who seek an easy and comfortable abode.

Located just a 5-minute walk away from The Myst Condo, the Bukit Panjang Integrated Transport Hub offers inhabitants convenient access to the Downtown Line and the Bukit Panjang LRT. Travelling around Singapore can be done in comfort as one can easily hop on the train heading to the city centre or board the LRT to explore the neighbourhood. Plus, the hub provides various bus services which allow residents to get to other parts of Singapore with ease.

Residents of The Myst Condo can easily make the most of the wonderful amenities at Hillion Mall, which is just a quick five-minute stroll away. This Bukit Panjang destination has a great range of stores, food outlets, entertainment and recreation venues, such as a cinema and bowling alley, that everyone can enjoy.

The Myst Condo offers the perfect combination of convenience and relaxation. Located close to a variety of amenities, there are plenty of schools and medical centres nearby, as well as banks, supermarkets and other essential services. This makes it the ideal spot for families to make their home, as they will never be too far from the essentials they need. In addition, the area boasts plenty of attractions for all ages, guaranteeing something for everyone to enjoy.

The Myst CDL at Cashew MRT Station is a modern luxury condominium that offers the perfect balance between contemporary sophistication and sustainable living. With its cutting-edge design and eco-friendly features, this development is the ideal choice for those seeking a green and sustainable housing option. It is located in Singapore’s suburban area, providing residents with a peaceful and tranquil atmosphere. Enjoy the convenience of nearby amenities and the lush greenery of the surrounding environment.

The Myst has put sustainability at the forefront of its landscaping features. Residents are treated to a beautiful rooftop garden, where they can relax and enjoy the tranquil beauty of nature. The garden is landscaped with lush vegetation, creating a peaceful, green retreat from the hustle and bustle of city living. To further its commitment to sustainability, the development has also incorporated rainwater harvesting systems, helping to reduce water consumption and conserve resources. Moreover, the development has also installed rainwater harvesting systems, which capture rainwater and store it for later use. By implementing these sustainable features, The Myst Condo Upper Bukit Timah Road endeavors to reduce its environmental footprint.

The Myst Condo Upper Bukit Timah Road has put into place a range of sustainable features in its landscape design. The development uses native plants and trees which are adapted to the climate and need little maintenance. Additionally, organic fertilizers and composting systems are put in place to help minimize the reliance on chemical fertilizers. A water-productive irrigation system has also been integrated, helping to reduce water consumption. Rainwater harvesting systems have been installed too, which store rainwater for use at a future date. Through the implementation of these sustainable features, The Myst Condo Upper Bukit Timah Road aims to reduce its environmental impact.

The Myst Condo at Bukit Panjang is a modern and luxurious condominium development that offers a luxurious living environment with a focus on sustainability. A variety of landscaping features have been included to enhance the eco-friendly qualities of the complex, such as a rooftop garden, energy-efficient lighting systems, solar panels, native plants and trees, organic fertilizers and composting systems, water-efficient irrigation, and recreational facilities. As a result, The Myst Condo is the perfect choice for anyone looking for an environmentally conscious home.

Hillview is the go-to spot for nature-lovers. It is home to the Hillview Nature Park, the Railway Mall, and the Rail Corridor stretching from Jalan Anak Bukit to Choa Chu Kang Avenue 4. Bukit Panjang is another residential area popular for its bustling market and industrial estate. The Bukit Panjang Plaza is the main shopping mall in the area and is a favorite destination for budget-savvy shoppers.District 23 is a sought-after destination for both buyers and tenants, comprising Choa Chu Kang, Bukit Batok, Hillview, and Bukit Panjang. Choa Chu Kang, which got its name from the Teochew word “kangchu” meaning ‘plantation owners’, has seen a transition from a kampung to a modern neighbourhood, connected by public transport and two shopping malls – Lot One Shoppers’ Mall near the MRT station and various retail and dining options in the vicinity.

Nature lovers can still explore the plantations and take a stroll in the Choa Chu Park. Bukit Batok is home to many natural landmarks such as Town Park, Nature Park and Little Guilin that resemble the picturesque Guilin in China and offer a view of towering rocks and lake. West Mall is the main shopping center in Bukit Batok, featuring a public library, post office, cinema amongst others. Hillview offers an idyllic view of the Hillview Nature Park, the Railway Mall, and the Rail Corridor from Jalan Anak Bukit up to Choa Chu Kang Avenue 4. Last but not least, Bukit Panjang is a popular residential area with a busy marketplace, industrial estate, and Bukit Panjang Plaza, a shopping go-to for budget-savvy shoppers.

Covering a land area of 25,500 hectares, the West Region of Singapore is the largest of the five regions. Located in the region is Jurong East, which serves as the regional center, and Jurong West, the most populated town. The region is home to many of Singapore’s major industrial companies, including international players such as BP, ExxonMobil, DuPont, Mitsui Chemicals, and Shell, particularly those in the petrochemical industry. To further develop the West Region, the government has plans to transform the Jurong Lake District and Jurong Innovation District into Singapore’s second Central Business District. Additionally, the Tuas Mega Port, scheduled to be completed in the 2040s, is anticipated to become one of world’s biggest single container ports, with a capacity of 65 million TEUs per year.

The Downtown Line is transforming Singapore’s mass transit system, providing new and improved connection to unserviced locations such as Bukit Panjang, Bukit Timah, and Bedok Reservoir. With its 34 convenient stations, the DTL provides a reliable and efficient way of getting around the city. People living in the Bukit Panjang to Bukit Timah area will find that their journey time into the city is reduced by up to 30%, while those staying in the east can benefit from fewer bus trips and faster commutes. All in all, the Downtown Line is set to revolutionize the way commuters travel around Singapore.

The Downtown Line (DTL) has significantly improved connectivity in the Central Business District (CBD) zone, allowing commuters to arrive at their destination in a more timely manner when travelling between Millenia Walk and Marina Bay Sands or City Hall Fringe. Recently, DTL3 was introduced and has added 21 kilometres of track, providing a direct link to Tampines Regional Centre and Changi Business Park without the need for switching buses. With this addition, the Downtown Line has now expanded to span an impressive 42 kilometres, making it the longest underground Mass Rapid Transit (MRT) line with no intermediate stations in Singapore.

The Myst by CDL is the perfect option for those seeking an exclusive living experience. This mid-sized condominium offers top-notch amenities and facilities, including a 50-meter pool, spacious clubhouse, and tennis courts. Families with children will be delighted to know that The Myst is conveniently located close to educational institutions such as Bukit Panjang Primary, CHIJ, National University of Singapore, and Ngee Ann Polytechnic. In addition, the development is near popular malls and shopping centers, such as Hillion Mall, Bukit Panjang Plaza, HillV2, The Rail Mall, and the upcoming The Reserve Residence Mall, making it easy to access a wide range of shopping, dining, and enrichment options.

Situated at the corner of Upper Bukit Timah Road and Cashew Road, The Myst is a brand new residential project occupying an area of about 179,007 square feet on two adjacent plots. This property boasts an ideal location in one of Singapore’s most in-demand Good Class Bungalow Areas (GCBA), with the last launch in the vicinity being the completed Espa condominium project in 2010. These features include accessibility to major expressways, nearby shopping malls, and other amenities. As a result, The Myst is an attractive option for buyers looking for a convenient living location.

The attractive location of The Myst, accessible to major expressways, shopping malls and amenities, makes it an ideal option for buyers seeking a convenient living experience. City Developments Ltd is offering unique features for these properties, only available in this prime location. The Myst CDL at Bukit Panjang offers luxurious, sustainable, and eco-friendly living in the bustling and vibrant city of Singapore. Residents here can enjoy the tranquility and lush greenery of the area, while being close to all the modern amenities of the city. The property is committed to providing green living and is equipped with advanced environmental-friendly systems to ensure a comfortable living. These include energy-efficient air conditioners, LED lights and water-efficient appliances. Residents can also benefit from the extensive array of recreational amenities and landscaped gardens in the vicinity, ideal for relaxation and leisure.

The luxury development also boasts an array of state-of-the-art facilities, such as a well-equipped gym, swimming pool, and a shopping mall. All these facilities are designed to provide a comfortable and convenient lifestyle for all. With the added convenience of public transportation and top-level security, Myst CDL at Bukit Panjang is ideal for those seeking a luxurious and spacious abode. The Myst Tan Chong Industrial Park prides itself on being an environmentally-friendly and smart choice for residents. It boasts a range of smart and green features that make it highly efficient in terms of both energy and resources. As a result, it is one of the most sustainable residential properties in the vicinity. Utilizing its state-of-the-art design and tech-savvy features, the park is setting an example of sustainable living for the region. Additionally, it has its own solar power system, which is used to supplement the electrical grid. Furthermore, rainwater is collected and used for landscaping purposes. The Myst also utilizes a water filtration system that purifies and reuses water in order to conserve resources.

The Myst is designed with energy efficiency in mind, incorporating various green technologies to reduce energy consumption. Its air-conditioning systems, intelligent lighting and motion sensors, as well as its top-of-the-line appliances, are all highly efficient and use minimal energy. To maximize energy efficiency, the building is fitted with double-glazed windows and insulation. It also has its own solar power system, which supplements the electrical grid. Moreover, rainwater is collected and reused for landscaping. Additionally, the Myst utilizes a water filtration system to purify and reuse water, thus conserving resources. The outdoor terrace is perfect for entertaining guests in the warmer months. The condominium also offers top-tier amenities, such as a state-of-the-art fitness center, a business center, and access to a private library. Inside, the spacious two- to four-bedroom units come equipped with modern, open-plan kitchens, tasteful furniture and fixtures, and stunning views of the city skyline.

The Myst Condo is designed to make the most of natural light and airflow. Floor-to-ceiling windows and balconies let in plenty of natural light and fresh air. Plus, the balcony is a lush garden where you can enjoy beautiful views of the city. The outdoor terrace is ideal for entertaining in the warmer months. As for amenities, the condominium offers an incredible fitness center, a business center, and access to a private library. Inside each spacious two- to four-bedroom unit, you’ll find modern open-plan kitchens, tasteful furniture and fixtures, and incredible views of the city skyline.

Nestled close to The Myst Condo in Bukit Panjang, Zhenghua Nature Park offers a scenic green belt to Central Catchment Nature Reserve. Visitors to the park have the opportunity to observe many different bird species, alongside squirrels, monitor lizards and long-tail macaques. Trails within the park provide a combination of exciting challenges as well as more leisurely paths, suited for walking and cycling. Residents can also enjoy the convenience of a well-maintained pool and fitness center. In addition, the Myst Condo offers residents access to a host of activities and classes, including yoga and dance classes, a barbeque pit, a rooftop garden, and a playground. For those looking to explore Singapore’s vibrant culture, there are plenty of cultural attractions nearby, such as the Singapore Chinese Cultural Centre, the Singapore Malay Heritage Centre, and the Singapore Indian Heritage Centre. The Myst Condo is a great choice for those who want to experience all the city has to offer. With its convenient location, wide range of amenities, and plethora of activities, it is the perfect place to call home.

Situated near to Bukit Panjang Park, Chestnut Nature Park, and Zhenghua Park, The Myst Condo offers its residents an array of recreational options. With sprawling pathways for walking and cycling, as well as lush playgrounds and various other recreational facilities, the area provides an ideal setting for leisure activities. Moreover, residents can also enjoy the Bukit Panjang Swimming Complex with its Olympic-sized pool. Furthermore, residents of The Myst Condo will have easy access to other amenities such as shopping centres, food centres, and parks.

Residents of The Myst Condo enjoy the convenience of having a number of medical facilities nearby. The property is only a short walk away from the Bukit Panjang Polyclinic, which offers a wide range of healthcare services. Moreover, other medical centres such as the National University Hospital, the Sengkang Clinic, and the Tan Tock Seng Hospital are also nearby. In addition, The Myst Condo is also near to various other amenities such as shopping centres, food centres, and parks, allowing for easy convenient access to these facilities. For those who drive, the development is well connected to major expressways such as the Bukit Timah Expressway (BKE) and the Pan Island Expressway (PIE).

The Myst Condo offers its residents a multitude of transportation options. Situated close to MRT stations, bus services, and LRT lines, the development is well connected to major highways, namely the Bukit Timah Expressway (BKE) and the Pan Island Expressway (PIE). Residents can also benefit from the free shuttle bus service provided by the developer, which runs to and from Bukit Panjang Downtown MRT. The Bukit Panjang Bus Interchange gives access to a range of buses that service the area. The condo also features an array of amenities, making it a great option for families and individuals alike.

Families looking for a comfortable and convenient living environment should consider The Myst Condo in Bukit Panjang. The condo offers an array of amenities, making it an ideal choice for both families and individuals alike. In addition to its many amenities, The Myst Condo is conveniently located near public transportation, shopping, and recreational options, making it the perfect home for those seeking a convenient living experience.

Boasting a charming, rural atmosphere, the Cashew Estate is a wonderful place to call home. Nature enthusiasts, cyclists, and joggers alike will be delighted by the Rail Corridor, a popular destination that stretches from the former Tanjong Pagar Railway Station to the Kranji MRT Station. To find out more, including a map of the Corridor, check out upcoming projects The Reserve Residences at Beauty World and The Botany at Dairy Farm, both of which are within easy walking distance to the Corridor. Additionally, the Bukit Timah Nature Reserve is only a short distance away, giving residents countless opportunities of outdoor recreation and exploration. Residents of the Cashew Estate can enjoy a perfect balance of indoor and outdoor living, in a tranquil, picturesque setting.

Living in Upper Bukit Timah is an ideal choice for those wishing to take advantage of the area’s top educational institutions. A mere 5-minute walk from the side gate of The Myst lies the Cashew MRT station, part of the Downtown line. There are several amazing schools within this radius, ranging from the National University of Singapore to the two polytechnics – Ngee Ann Polytechnic and Singapore Polytechnic – both of which are just a 15-minute bus ride away. Whether it’s for yourself or your children, properties in the Cashew to Bukit Timah vicinity are certainly worth exploring if access to the area’s most sought-after schools is a priority. Notable educational institutions in the vicinity of the MRT stations in this area include:

Hillview MRT Station (DT3) is a convenient stop for students attending the German European School and St. Francis Methodist School. Its proximity to these two educational institutions makes it an ideal choice for students who are commuting to and from school. The station is serviced by North-South Line and is a mere two-minute walk from the two schools. With shopping malls and other amenities located nearby, Hillview MRT Station is an ideal spot for students who need access to these amenities after school hours. The station also offers good connectivity to other parts of the city, making it a great option for those living in the area. Beauty World MRT (DT5) is located near Bukit Timah Primary School, Pei Hwa Presbyterian Primary School and DIMENSIONS International College (Bukit Timah Campus). It is a convenient transport option for those living in or near the area. The nearby schools are easily accessible from the MRT station and make the commute for students and staff members easy and hassle-free.

King Albert Park MRT station is a popular stop for students of nearby schools such as Methodist Girls School (Primary), Methodist Girls School (Secondary), Hollandse School, Swiss School and Singapore Korean International School. It offers quick and easy access to these institutions for those taking public transport.

The Sixth Avenue MRT station (DT71) serves commuters travelling between the downtown area and Nanyang Girls’ High School. The station is conveniently located close to the school, offering easy access to students, faculty, staff and visitors. The station provides an easy way to get to and from the downtown area, eliminating the need for long commutes. The station is also well served by buses, which provide a direct route to the school. It is well connected to the other MRT lines, making it easily accessible for commuters. The station is also equipped with amenities such as a ticket machine, sheltered waiting areas and lifts. This makes it a convenient and comfortable place for commuters to access the school.

Tan Kah Kee MRT Station (DT8) is located nearby a variety of educational institutions, including National Junior College, Hwa Chong Institution, Hwa Chong International School, and Raffles Girls’ Primary School. All of these establishments are in close proximity to the station, making it a great choice for both students and parents. With the convenience of public transportation available, those who live near the station can easily travel to and from these schools, as well as any other amenities or destinations that the station may provide.

Botanic Gardens MRT (DT9) is situated close to the National University of Singapore’s (NUS) Bukit Timah Campus. It is a convenient transportation option for visitors to the campus as well as for NUS students, faculty and staff members. The station is conveniently located, just a few minutes away from the Bukit Timah campus, providing easy access to the university. With its close proximity to the campus, the station offers visitors and those affiliated with NUS a great way to reach the university quickly and easily.

Newton MRT station (DT10) is located close to Anglo Chinese School (Barker Road). This MRT station serves as a transport hub for residents, students, and visitors in the area. The station is well-connected to buses, taxis, and other modes of transportation, making it a convenient option when travelling to and from the school. There is an array of amenities located nearby, such as shopping malls, restaurants, and other attractions. The station is also surrounded by plenty of green spaces, providing a relaxing and scenic atmosphere. With its easy access to the school, Newton MRT station (DT10) serves as an ideal transport option for those looking to get to Anglo Chinese School (Barker Road) quickly and easily.

All of these shopping centres provide the residents of The Myst Condo a wide selection of amenities and shopping experiences. The convenience and availability of the shopping centres close to The Myst Condo make it a great place to live. Residents no longer have to go out of their way to find what they need, as all of their needs can be found in these shopping centres. This makes living in The Myst Condo an even more enjoyable experience.

Situated within close proximity to some of Singapore’s most impressive attractions, The Myst Condo by CDL offers residents a unique living experience. With its location surrounded by lush nature reserves, residents are able to relax and enjoy the calm atmosphere of the development. Inside the development, residents can indulge in luxurious amenities such as swimming pools, gyms, gardens, and even a clubhouse.

The Myst Condo by CDL is an iconic luxury development that offers residents an escape from the hustle and bustle of city life. Located on Upper Bukit Timah Road and surrounded by lush greenery and nature reserves, the development is easily accessible and within close proximity to some of Singapore’s top attractions. Inside the development, one can find numerous lavish facilities such as swimming pools, gyms, gardens, and even a clubhouse. In essence, The Myst Condo by CDL is the perfect destination for those looking for a tranquil and relaxing lifestyle.

The Myst Condo by CDL offers an opulent lifestyle complete with state-of-the-art facilities and amenities. There are plenty of shopping, dining, and entertainment opportunities for residents to enjoy, as well as a well-equipped gym, a swimming pool, Jacuzzi, and a yoga pavilion for relaxing after a hard day. Additional features include a children’s play area, BBQ pits, and a stunning landscaped garden.

The Myst Condo by CDL is optimally situated near a range of parks and nature reserves, allowing easy access to several outdoor activities. Being a mere walking distance away from the Singapore Botanic Gardens and Bukit Timah Nature Reserve, residents can enjoy the great outdoors by engaging in activities such as hiking, biking, and bird watching. As such, The Myst Condo by CDL provides its residents with a great opportunity to be close to nature and experience its beauty.

Residents of The Myst Condo by CDL can also enjoy ample recreational facilities, such as a swimming pool, gym, tennis court, clubhouse and BBQ pits. Shopping and dining options abound in the area, with a wide selection of retail outlets, entertainment complexes and eateries. What’s more, the condo is conveniently located close to public transport options, so you can explore the city with ease.

If you are looking for luxurious living in a tranquil environment, The Myst Condo by CDL is an ideal destination. With its close proximity to nature reserves and parks, such as Bukit Batok Nature Park, Bukit Timah Nature Reserve, Dairy Farm Nature Park, Hindhede Nature Park, MacRitchie Reservoir Park, Singapore …

Singapore office rents see subdued growth in 1Q2023: JLL

Grade A office rents in the CBD of Singapore grew in 1Q2023 and q-o-q growth slowed for the second consecutive quarter according to JLL, a real estate consultancy. The growth of 1.0% q-o-q in gross effective rents to an average of $11.30 psf per month (psf pm) was lower than the 1.2% recorded in the previous quarter, which marked the first slowdown after five consecutive quarters of growth.

Andrew Tangye, Head of Office Leasing and Advisory at JLL Singapore, believes that the easing of rental growth is due to macroeconomic uncertainties which have dampened demand for office space. Large space users are reportedly “pressing the pause button” on expansionary and relocation plans.

Despite the current “cautious mood”, the tight supply of Grade A office space has seen some occupiers seizing the opportunity to upgrade to better office spaces at new and upcoming completions. An example of this is Corney & Barrow who relocated to Hub Synergy Point and German insurer Munich Re who took up two floors at 18 Cross Street for its new office.

New office space in the CBD includes Guoco Midtown in the Bugis-Beach Road area which received its Temporary Occupation Permit in January. About 80% of its space is reportedly committed and at least 10% is in advanced negotiations. At IOI Central Boulevard Towers, 45% of its space is currently pre-committed or under advanced negotiation and it is due to be completed in 3Q2023.

Labrador Tower along Pasir Panjang Road is estimated to be 25% pre-committed one year ahead of its completion in 2024. Notable tenants include Prudential which reportedly took up around 150,000 sq ft of space in a Green Mark Platinum Super Low Energy development.

Given the macroeconomic environment, JLL Singapore’s Head of Research and Consultancy Tay Huey Ying believes that office demand will remain more subdued. She anticipates backfilling of spaces vacated by relocating occupiers could take a little longer and this will keep rent growth modest, if at all, for the rest of the year.

Andrew Tangye predicts that rental growth will accelerate again post-2024 as new completions dip and demand returns as economic prospects improve. He suggests occupiers, especially large space users, to lock in spaces in good quality new office buildings during this time.…

Bukit Timah Estate A Luxurious and Prestigious Residential Area in Singapore

Bukit Timah Estate is a luxurious and prestigious residential area located in the central region of Singapore. The estate is known for its lush greenery, serene environment, and high-end properties that offer a luxurious lifestyle. It’s a popular residential area among expatriates, high-net-worth individuals, and affluent locals.

History of Bukit Timah Estate

Bukit Timah Estate is named after Bukit Timah Hill, which is the highest natural point in Singapore. The estate was developed in the early 1900s as a residential area for wealthy Europeans and Asians. The estate was later expanded in the 1960s and 1970s to cater to the growing population of Singapore.

Today, Bukit Timah Estate is a prime residential area that boasts some of the most luxurious and exclusive properties in Singapore. The estate is home to a mix of landed properties, condominiums, and apartments, making it an ideal place for families, couples, and singles.

Things to do in Bukit Timah Estate

Bukit Timah Estate is known for its lush greenery and scenic spots that offer a serene escape from the hustle and bustle of city life. One of the most popular destinations in Bukit Timah is the Bukit Timah Nature Reserve. The reserve is home to a wide range of flora and fauna, making it a popular spot for nature enthusiasts. Visitors can hike along the trails and enjoy the scenic views of the reserve.

The estate is also home to several prestigious golf clubs, including the Singapore Island Country Club and the Raffles Country Club. These clubs offer world-class facilities, including championship golf courses, tennis courts, and swimming pools, making them a popular destination for sports enthusiasts.

For foodies, Bukit Timah offers a range of dining options that cater to different tastes and budgets. The estate is known for its high-end restaurants, such as the Corner House and Whitegrass, which offer exquisite cuisine in a luxurious setting. The estate also has several hawker centers, such as the Adam Road Food Centre and the Bukit Timah Market and Food Centre, which offer a range of local delicacies at affordable prices.

Education in Bukit Timah Estate

Bukit Timah Estate is home to several prestigious schools, including primary and secondary schools, as well as international schools. These schools provide quality education to students of all ages, ensuring that they are well-prepared for their future.

Some of the popular schools in Bukit Timah include Nanyang Primary School, Hwa Chong Institution, and Singapore Chinese Girls’ School. These schools have a strong academic track record and offer a range of co-curricular activities to help students develop their skills and interests.

Healthcare Facilities in Bukit Timah Estate

Bukit Timah Estate is well-equipped with healthcare facilities to cater to the medical needs of its residents. The estate has several clinics, dental clinics, and pharmacies, making it easy for residents to access medical services.

The estate is also home to several hospitals, including the National University Hospital and Mount Elizabeth Hospital. These hospitals offer a range of medical services, including specialist consultations, diagnostic tests, and surgical procedures.

Transportation in Bukit Timah Estate

Bukit Timah Estate is well-connected with various transportation options, making it easy for residents to travel to other parts of Singapore. The estate is served by several bus routes and MRT stations, such as the Beauty World MRT station and the Sixth Avenue MRT station, which provide easy access to other parts of the island.

Community Events in Bukit Timah Estate

Bukit Timah Estate is a vibrant community that organizes various events and activities throughout the year. These events provide an opportunity for residents to come together, interact with each other, and celebrate the community’s diversity and culture.

One of the most popular events in Bukit Timah is the annual Bukit Timah Community Club Carnival, which offers a range of activities for families, such as games, rides, and food stalls. The carnival is a great way for residents to come together and have fun.

The estate is also home to several community clubs, such as the Bukit Timah Community Club and the Ulu Pandan Community Club, which offer a range of activities and classes for residents of all ages. These clubs provide a platform for residents to meet new people and pursue their hobbies and interests.

Conclusion

Bukit Timah Estate is a luxurious and prestigious residential area that offers a high quality of life for its residents. The estate boasts a range of amenities and facilities, including parks, schools, healthcare facilities, and high-end restaurants. It’s also well-connected with various transportation options, making it easy for residents to travel to other parts of Singapore.

Whether you’re a nature lover, foodie, or someone who enjoys a luxurious lifestyle, Bukit Timah Estate has something for everyone. It’s a great place to live, work, and play, and it’s no wonder that it’s one of the most sought-after residential areas in Singapore.…

Bukit Panjang Town A Serene and Vibrant Community in the Heart of Singapore

Bukit Panjang Town is a vibrant and serene community located in the western part of Singapore. The town is known for its lush greenery, scenic views, and a plethora of amenities that cater to the needs of its residents. Bukit Panjang is a town that offers a peaceful and serene lifestyle, making it an ideal place for families, couples, and singles.

History of Bukit Panjang Town

Bukit Panjang Town was originally a rural area with rubber plantations and farms. It was only in the 1980s when the Singapore government decided to develop the area into a housing estate to cater to the growing population. The town was officially opened in 1999, and since then, it has undergone continuous development to improve the quality of life for its residents.

Today, Bukit Panjang Town is a bustling community that boasts numerous amenities and facilities, including schools, parks, shopping malls, and healthcare facilities. The town is also well-connected with various transportation options, making it easy for residents to travel to other parts of Singapore.

Things to do in Bukit Panjang Town

Bukit Panjang Town has something for everyone, from nature lovers to foodies. The town is known for its scenic spots and beautiful parks that offer a serene escape from the hustle and bustle of city life.

One of the most popular parks in Bukit Panjang is the Zhenghua Nature Park. The park is a beautiful oasis that features a natural stream, a pond, and lush greenery. It’s a great place for a leisurely walk or a picnic with family and friends.

Another must-visit destination in Bukit Panjang is the Bukit Timah Nature Reserve. The reserve is home to an array of flora and fauna, making it a popular spot for nature enthusiasts. Visitors can hike along the trails and enjoy the scenic views of the reserve.

For foodies, Bukit Panjang offers a range of dining options that cater to different tastes and budgets. The town is known for its hawker centers, such as the Bukit Panjang Hawker Centre and Market. These centers offer a wide range of local delicacies at affordable prices, making them a popular spot for both locals and tourists.

The town also has several shopping malls, including the Hillion Mall and Bukit Panjang Plaza, which offer a range of retail and dining options. The malls are popular among residents, as they provide easy access to daily necessities and entertainment.

Education in Bukit Panjang Town

Bukit Panjang Town is home to several reputable schools, including primary and secondary schools, as well as junior colleges. These schools provide quality education to students of all ages, ensuring that they are well-prepared for their future.

Some of the popular schools in Bukit Panjang include Zhenghua Primary School, West View Primary School, and Pioneer Junior College. These schools have a strong academic track record and offer a range of co-curricular activities to help students develop their skills and interests.

Healthcare Facilities in Bukit Panjang Town

Bukit Panjang Town is well-equipped with healthcare facilities to cater to the medical needs of its residents. The town has several clinics, dental clinics, and pharmacies, making it easy for residents to access medical services.

The town is also home to the Senja-Cashew Community Health Centre, which provides primary healthcare services to residents. The center offers a range of services, including general medical consultations, health screenings, and vaccinations.

Transportation in Bukit Panjang Town

Bukit Panjang Town is well-connected with various transportation options, making it easy for residents to travel to other parts of Singapore. The town is served by several bus routes and the Bukit Panjang MRT station, which provides easy access to other parts of the island.

The town is also connected to major expressways, such as the Bukit Timah Expressway (BKE) and the Kranji Expressway (KJE), which provide convenient access to other parts of Singapore.

Community Events in Bukit Panjang Town

Bukit Panjang Town is a vibrant community that organizes various events and activities throughout the year. These events provide an opportunity for residents to come together, interact with each other, and celebrate the community’s diversity and culture.

One of the most popular events in Bukit Panjang is the annual Chingay parade, which features colorful floats, dancers, and performers. The parade is a celebration of Singapore’s multiculturalism and is attended by thousands of people every year.

The town also organizes community events, such as the Bukit Panjang Family Carnival, which offers a range of activities for families, such as games, rides, and food stalls. The carnival is a great way for residents to come together and have fun.

Conclusion

Bukit Panjang Town is a vibrant and serene community that offers a high quality of life for its residents. The town boasts a range of amenities and facilities, including parks, schools, healthcare facilities, and shopping malls. It’s also well-connected with various transportation options, making it easy for residents to travel to other parts of Singapore.

Whether you’re a nature lover, foodie, or someone who loves to be a part of a close-knit community, Bukit Panjang Town has something for everyone. It’s a great place to live, work, and play, and it’s no wonder that it’s one of the most sought-after residential areas in Singapore.…

City Developments Limited CDL A Comprehensive Overview of Singapore’s Leading Property Developer

City Developments Limited (CDL) is one of the largest and most established property developers in Singapore. With a track record spanning over five decades, CDL has built an impressive portfolio of residential, commercial, and industrial properties across Asia, Europe, and the Middle East. In this article, we’ll take a closer look at CDL’s history, its business operations, and its future prospects.

History of CDL

CDL was founded in 1963 as a property development and investment company in Singapore. The company’s early projects included low-cost housing and industrial buildings. However, CDL’s first major breakthrough came in 1972 with the development of the prestigious Shangri-La Hotel Singapore, which helped establish the company’s reputation as a high-end property developer.

Over the years, CDL has expanded its operations beyond Singapore, with a presence in countries such as China, Australia, Japan, and the United Kingdom. Today, CDL is a diversified property and hospitality conglomerate with a market capitalization of over S$6.5 billion (as of March 2023).

Business Operations of CDL

CDL’s core business is property development, which accounts for about 70% of the company’s revenue. The company develops a wide range of properties, including residential apartments, landed homes, commercial offices, and retail malls. CDL also has a significant presence in the hospitality industry, owning and managing hotels and serviced apartments in Singapore, China, and the United Kingdom.

In addition to property development and hospitality, CDL is also involved in facilities management, property management, and project management. The company’s facilities management arm, M&E Contracting, provides mechanical and electrical services to building owners and tenants. CDL’s property management business manages a portfolio of over 18 million square feet of commercial and residential properties in Singapore. The company’s project management unit provides consultancy services for property development projects.

Sustainability Initiatives

In recent years, CDL has been recognized for its sustainability efforts. The company has made a commitment to be a leader in sustainability in the real estate industry, with a goal of achieving net-zero carbon emissions by 2050. CDL has set up an internal sustainability committee to oversee the company’s efforts in this area.

CDL’s sustainability initiatives include the adoption of green building technologies, the implementation of energy-efficient measures in its buildings, and the use of renewable energy sources such as solar power. The company has also launched several green building initiatives, including the CDL Green Gallery, an exhibition space showcasing green building technologies and sustainable practices.

Financial Performance

CDL has a strong financial track record, with consistent revenue and profit growth over the past decade. In 2021, the company reported revenue of S$4.4 billion and a net profit of S$506 million. CDL’s earnings per share have also been consistently strong, with a five-year average of S$0.25 per share.

CDL’s financial performance has been supported by a strong balance sheet, with low debt levels and a healthy cash balance. The company’s net debt-to-equity ratio is below 0.2, indicating a low level of financial leverage. CDL has also maintained a strong liquidity position, with a cash balance of over S$3.5 billion as of December 2021.

Future Prospects

CDL’s future prospects look promising, with a strong pipeline of property development projects in Singapore and overseas. The company has several high-profile projects in the pipeline, including the redevelopment of the Sengkang Central area in Singapore and the joint development of a residential project in Tokyo, Japan.

CDL is also well-positioned to benefit from the recovery of the hospitality industry which has been severely impacted by the COVID-19 pandemic. As vaccination rates increase and travel restrictions ease, CDL’s hotels and serviced apartments are expected to see an uptick in occupancy rates and revenue.

In addition, CDL’s sustainability initiatives are expected to enhance the company’s reputation and appeal to environmentally conscious consumers and investors. CDL’s commitment to achieving net-zero carbon emissions by 2050 is in line with the global trend towards sustainability and green investing.

However, CDL’s future prospects are not without risks. The property development industry is subject to regulatory and economic risks, including changes in government policies, interest rate fluctuations, and global economic uncertainty. In addition, CDL’s overseas operations are exposed to foreign exchange risks, which may impact the company’s financial performance.

Conclusion

City Developments Limited (CDL) is a leading property developer and hospitality conglomerate with a strong track record and promising future prospects. CDL’s diversified business operations, sustainability initiatives, and strong financial performance make it a desirable investment for both consumers and investors.

However, CDL’s future success will depend on the company’s ability to navigate regulatory and economic risks and adapt to changing market trends. CDL’s commitment to sustainability and green investing is a positive step towards building a resilient and sustainable business model for the future.…

Six-storey Boat Quay shophouse sold for $37 mil

A shophouse located at 52 Boat Quay has been sold for a whopping $37 million – a gain of $16 million for the seller. Branded a modern and well-equipped commercial space following extensive renovations in 2015, the six-storey property occupies a 1,119 sq ft site with an estimated total built-up area of 6,446 sq ft. Savills Singapore was responsible for brokering the deal.

The popular Italian restaurant Braci has taken residency on the top two floors, while an Izakaya bar occupies the ground floor. Corporate office tenants are located on the second and fourth floors.

The shophouse generated considerable interest from potential investors, according to Yap Hui Yee – executive director of investment sales and capital markets at Savills Singapore. She notes the property’s charms, adding that for it to be available for sale is a rarity, given that shophouses in the area are usually well-maintained.

A glance at the EdgeProp Research tool reveals few recent sales of commercial properties located on and near 52 Boat Quay. It’s a clear indication that the seller of this shophouse made a hefty profit by selling the property.

This unique opportunity is evidence of the demand for high-quality commercial shophouses in prime locations. Boasting of impressive returns, it’s not hard to see why such properties remain in such high demand.…

Jurong Condos Seems to Be Gaining Traction Among Property Buyers

Jurong Condos are gaining traction among property buyers and investors in Singapore. Located in the western part of Singapore, Jurong is the largest industrial and residential area in the country, making it an attractive place for property buyers and investors. The area offers a variety of housing options, from high-end condos to more affordable apartments.

The Jurong area is close to the Jurong Industrial Estate, making it convenient for those who want to work and live in the same area. The area is also close to the MRT and other public transportation, making it easy to get around. There are also many amenities in the area, such as shopping malls, restaurants, entertainment, and parks.

Jurong condos are known for their good design and quality construction. Many of the condos offer views of the sea or the city skyline. The condos come in a variety of sizes and layouts, so buyers can find one that fits their needs and budget.

The prices of Jurong condos are quite affordable compared to other parts of Singapore. Prices can range from S$2,500 to S$3,500 per square foot. This makes them attractive for those who want to buy a condo in Singapore but don’t want to spend too much.

Jurong condos are becoming increasingly popular among property buyers and investors in Singapore. The area offers a variety of housing options, from high-end condos to more affordable apartments. The area is convenient for those who want to work and live in the same area. The prices are affordable for those who don’t want to spend too much. With all these advantages, it’s no wonder Jurong condos are gaining traction among property buyers and investors in Singapore.

Jurong condos are gaining traction among property buyers in Singapore, as they offer an attractive mix of affordability, convenience and accessibility. Located in the western part of Singapore, Jurong is a vibrant and growing residential area, with a number of new condominiums coming up in the vicinity.

The area is well-served by public transport, with the MRT lines, bus routes and expressways providing easy access to other parts of the city. Jurong is also home to a number of shopping malls and leisure centres, giving residents plenty of options for entertainment and dining.

Jurong condos offer great value for money, with prices lower than those in other parts of the city. This makes them an attractive option for first-time buyers, and those looking to invest in property. The area also has a range of different sizes and styles of condos, making it easy to find something to suit your needs.

The area is also becoming a popular choice for families, as it has a number of schools and educational institutions nearby. This makes it an ideal choice for parents who want their children to have access to quality education.

The government has also been investing heavily in the area, with new roads, parks and MRT lines connecting the area to other parts of the city. This has improved the quality of life in Jurong, and made it a more attractive option for property buyers.

Overall, Jurong condos seem to be gaining traction among property buyers in Singapore, as they offer a good mix of affordability, convenience and accessibility. With the government investing in infrastructure and the area becoming more family-friendly, it is likely that Jurong will continue to be an attractive option for those looking to buy property in Singapore.…