The Myst Condo at Bukit Panjang Close to Nature Reserve and Bukit Panjang Transport Hub

The Myst Condo at Bukit Panjang Close to Nature Reserve and Bukit Panjang Transport Hub

Nestled near The Myst Condo at Bukit Panjang, Zhenghua Nature Park provides a green barrier which encircles Central Catchment Nature Reserve. While trekking or cycling down the trails, visitors may catch glimpses of a variety of bird kinds, as well as some squirrels, monitor lizards, and long-tail macaques. The trails which traverse the park are ideal for those seeking a combination of moderate difficulty and gentle gradients.

Living in The Myst Condo, close to Bukit Panjang transport hub, offers convenience and flexibility for multigenerational families. With easy access to the Bukit Panjang MRT Station, Segar LRT station, and Bukit Panjang Bus Interchange, getting around the city is a stress-free and enjoyable experience. Residents of The Myst Condo are guaranteed a wide range of public transportation options to suit their needs.

The Downtown Line (DTL) has revolutionized Singapore’s mass transit network. As the fifth MRT line in the country, it provides …

Two adjoining shophouses off Upper Thomson Road for sale at $10.5 mil

Two freehold, adjoining shophouses located at Jasmine Road, off Upper Thomson Road, have been launched for sale via expression of interest (EOI). These properties are situated just a minute’s walk away from the Upper Thomson MRT station and have a combined floor area of around 3,940 sq ft. According to ERA Realty Network, the exclusive marketing agent for the shophouses, the guide price is set at $10.5 million, or $2,665 psf.

The shophouses offer an immediate rental income and potentially, future capital appreciation. It may also be possible to redevelop the property into a four-storey residential building with a commercial space at the first storey, subject to authorities’ approval. The reveloped building could have a gross floor area of around 10,950 sq ft.

The two-storey shophouses are zoned for “residential with commercial at 1st storey” use with a gross plot ratio of 3.0 and building height limit of up to …

Collective sale of Tanjong Katong development relaunched at $63 mil

An urban oasis at Tembusu Grand, the new collective sale offer in Tanjong KatongThe potential of a 9,999-year site at 52 to 62H Tanjong Katong Road could unlock its urban oasis at an attractive price. With a guide price of $63 million, the 26-unit walk-up development translates to a land rate of $1,401 psf per plot ratio (psf ppr), including an estimated land betterment charge of approximately $530,000. According to sole marketing agency Huttons Asia, located in District 15, the 4-storey building has a land area of 32,397 sq ft, allowing it to potentially have 49 residential apartments with an average size of 915 sq ft.

The potential of a 9,999-year site at 52 to 62H Tanjong Katong Road is now available for purchase! With a guide price of $63 million, the four-storey development features a land area of about 32,397 sq ft, offering the potential to yield approximately 45,356 …

Two shophouses at Perak Road up for sale at $13 mil

Two conservation shophouses located in the Jalan Besar/Little India precinct at 6 and 7 Perak Road have been made available for sale via tender with a guide price of $13 million. A three-minute walk away from Rochor MRT Station, these two-storey shophouses come with mezzanine space and a built-up area of 5,360 sq ft. Approved for use as a backpackers’ hostel, they occupy a land area of approximately 2,870 sq ft and have an 11.4m-wide frontage along Perak Road.

The properties are well-maintained and need minimal refurbishments, making them ideal for hostel operators looking to tap renewed interest for convenient and accessible accommodation among incoming tourists and travellers post-pandemic. Investors are also expected to show keen interest in the properties, as they can potentially bring in a gross rental yield of over 3% due to their strong rental demand and close proximity to amenities in District 8 and the Bugis …

JLL promotes Sandeep Sethi to Asia Pacific division president for work dynamics

Sandeep Sethi has been appointed as Division President of Work Dynamics in the Asia Pacific region by JLL. He will now be responsible for overseeing and expanding the North Asia market share for JLL in Mainland China, Hong Kong and his current portfolio in West Asia.

Based in Gurgaon, Sandeep will directly report to Susheel Koul, JLL’s CEO for work dynamics in Asia Pacific. He has 27 years of experience in the corporate sector, having worked with JLL for the last decade. His appointment is a reflection of deep client relationships and growth in the occupier business in West Asia, which now manages over 160 million sq ft of office space across 1,500 client sites in India, Sri Lanka, Mauritius, and Bangladesh.

JLL’s Work Dynamics business unit provides services addressing the full real estate life cycle for occupiers, such as integrated facilities management, construction management services, sustainability and workplace consulting, …

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 …

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 …

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 …

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 & …

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 …