At a tender procedure that ended on April 26, 2022, Verdun House, an en bloc site in Farrer Park that is situated at the intersection of Verdun Road and Sam Leong Road, was sold for $55.1 million. The CEO of the Fragrance Group, Mr. James Koh, placed the highest offer. The transaction has the approval of the owners of 15 out of the 16 strata-titled apartments, or 93 percent of the complex. The Strata...
Piccadilly Grand Piccadilly Grand is situated on Northumberland Road, District 08 of Singapore. With such an excellent Central Region location, it’s city fringe location is just outside Little India where residents get to enjoy the neighbourhood’s rich cultural history and easy access to modern amenities.Piccadilly Grand is situated on site is zoned for residential use with...
Ikigai Ikigai is an upcoming freehold boutique condominium located at Shrewsbury Road in the highly sought-after District 11. Ikigai features a collection of 16 luxurious and spacious residences, with one to three bedrooms.This prime Novena and Newton area is but a short drive from the city centre, and boasts an abundance of lifestyle amenities, dining, retail and entertainment...
Singapore property tax is due to increase in 2023 and 2024. How will it impact the residential market? On 18 February 2022, Singapore Finance Minister Lawrence Wong said in his 2022 budget speech that property taxes on non-owner-occupied homes, including investment properties, will be raised to 12 to 36 percent over the next two years from the current rates of 10 to 20 percent. Owner-occupied...
Savills Singapore, the mall's marketing agent, said on Wednesday that Tanglin Shopping Centre has been sold for S$868 million after its fourth collective sale effort (Feb 23). The building was sold to Pacific Eagle Real Estate, a Singapore-based developer owned by the Tanoto family, who has for over 50 years developed and managed the Royal Golden Eagle group of companies, which produces natural fibers,...
The more details you provide to your agent, the faster they can find your dream home or ideal investment Over the years of serving buyers, we notice that buyers who approach their property purchases in an upfront manner, disclosing all of their needs and exactly how much they are willing to pay for those, walk away from their purchases far happier than those who don’t share fully their affordability...
Royal Hallmark Royal Hallmark is a freehold condominium located at Haig Lane in District 15. To suit the needs of all residents, mostly families, Royal Hallmark has 32 units comprising 3 bedroom, 4 bedroom and 5 bedroom units. Royal Hallmark's black-and-white design is inspired by colonial bungalows which were built around Haig Road from the late-19th century to the early 1930s.Royal...
What can we expect at the upcoming new launch at Northumberland Road A plum mixed development site in the Farrer Park area was released for sale in October 2020, attracting 10 bids (despite the global Covid-19 pandemic situation) from developers before it was awarded to Maximus Residential SG Pte. Ltd. and Maximus Commercial SG Pte. Ltd.The 99-year leasehold site in Northumberland Road, near Farrer...
Sentosa Cove is an upscale residential enclave in Singapore that is situated on an island south of the city. Sentosa Cove is the definition of waterfront living because of its distinct setting, high quality lifestyle, and exclusive address. Sentosa Cove, which combines residential, commercial, and marina amenities, provides its residents with a distinctive waterfront resort style living. From the...
Despite new price records, sales of new private residences and resale properties in Singapore increased last year, according to figures released by the Urban Redevelopment Authority on Friday (Jan 28). Developers sold 13,027 private residential units in total in 2021, compared to 9,982 units the previous year. In the secondary market, 19,962 resale properties were sold in 2018, compared to 10,729 in...
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