Category: Real Estate

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 …

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 …

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. …

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 …