Enhancement of Greenery Along Orchard Condo Introducing a Green Corridor Connecting Orchard Road, Botanic Gardens and Fort Canning Park
Enhancement of Greenery Along Orchard Condo Introducing a Green Corridor Connecting Orchard Road, Botanic Gardens and Fort Canning Park

As a result, locals can now enjoy a Orchard Condo lifestyle while immersing in lush greenery. Through such sustainable and green development, everyone can continue to relish in the rich local heritage of the beautiful city. The natural environment will also be improved and the quality of life for the people living in the vicinity will be vastly uplifted.

The enhancement of greenery along Orchard Road at Orchard Boulevard Condo Tender GLS is yet another key focus in the master plan. For this purpose, the initiative is to introduce a green corridor that would connect Orchard Road with the Singapore Botanic Gardens and Fort Canning Park. Consequently, residents in the vicinity would be able to use this eco-friendly pathway for a nature-filled stroll, jog, or even cycling.

Singapore’s urban planning is renowned for its efficiency and ease of connectivity. Located within this meticulously planned city, the Orchard Boulevard Condo Residences …

Live in Tampines Avenue 11 Condo and Enjoy Access to Top-Rated International School at East Campus in Tampines
Live in Tampines Avenue 11 Condo and Enjoy Access to Top-Rated International School at East Campus in Tampines

Residents of Tampines Ave 11 Condo Capitaland can benefit from the close proximity to the East Campus of the school, located in Tampines. The campus is the largest of its two campuses and can easily be accessed from the neighbourhood. With its world-class facilities and top-notch international curriculum, parents and students will be delighted to find such a school nearby. It is also a great advantage for parents who can drop their kids off at the nearby campus any day of the week. With this, residents of Tampines Avenue 11 Condo can enjoy the convenience of having an international school close to their doorstep.

In the surrounding area is the renowned United World College of South East Asia (UWCSEA) near Tampines Avenue 11 Condo. Recognised for its outstanding International Baccalaureate (IB) program, this world-class school offers the highest quality education from kindergarten to high school. Its philosophy of academic excellence, …

Hong Kong’s Shui On Land forms JV for Shanghai redevelopment project

Shui On Land, a Hong Kong-listed property company, has announced a joint venture between its subsidiary, Shanghai Ruilou Enterprise Management, and state-owned enterprise Shanghai Pucheng. The project aims to redevelop Zhaojia Lou Ancient Town in Shanghai’s Minhang district. Zhaojia Lou Ancient Town is a popular tourist spot, with hundreds of thousands of visitors each year, and is known for its canals and ancient water towns. It lies next to the Shanghai Shenjiahu Expressway and the Shanghai North-South Elevated Road, and has two connected subway lines.

The joint venture will redevelop a land parcel stretching from Jiageng Road to the east, Yaojia Bang to the south, Huichi Road to the west, and Xiaoyan Lake to the north. The new development will include residential, commercial and ancillary facilities, as well as preservation of the area’s unique history and culture.

Jessica Wang, CEO of Shui On Land, is optimistic about the future of …

Five-bedder at Parc Stevens sold for $2.65 mil profit

The sale of a first-floor unit at Parc Stevens in prime District 10 in Singapore was the most profitable condo resale transaction recorded during the week of April 4 to 11. This 3,466 sq ft, five-bedroom unit fetched $7.86 million ($2,265 psf), making it the highest psf-price recorded at Parc Stevens. It had been purchased by the seller for $5.2 million ($1,500 psf) in April 2007, clocking a profit of $2.65 million (51%) after 16 years.

This marks the second most profitable transaction ever recorded at the development of Parc Stevens. Last May, a 3,305 sq ft unit on the fourth floor changed hands for $6.23 million ($1,885 psf). The seller had bought the unit for $4.23 million ($1,059 psf) in July 2005, amassing a gain of $2.73 million.

Parc Stevens is a 48-unit freehold condo that was completed in 2000. Its units are a mix of three- to five-bedders …

CapitaLand Ascendas REIT divests local industrial building at 219% premium from 2005 purchase price

CLAR, the manager of the REIT, has announced the divestment of Singapore industrial building KA Place for a consideration of $35.38 million. The sale and purchase agreement was entered into between the REIT’s trustee, HSBC Institutional Trust Services (Singapore) and KA Place SPV 1.The proposed divestment is in-line with the manager’s proactive asset management strategy and the net proceeds may be recycled to fund committed investments, repay existing indebtedness, extend loans to subsidiaries, fund general corporate and working capital needs, and/or make distributions to unitholders. The net proceeds after divestment costs are expected to be $30.65 million. This divestment is expected to be completed within 2Q2023.The consideration sum represents a 219% premium to CLAR’s purchase price of $11.1 million in March 2005 and a 55% premium to the property’s market valuation of $22.8 million as at Dec 31, 2022. KA Place at 159 Kampong Ampat is a seven-storey high-specification industrial …

Ascott targets to double fee revenue to over $500 mil in next five years

The Ascott Limited, the lodging business unit of CapitaLand Investment, has set its sights on doubling its fee revenue over the next five years. FY2022, a record high for the business, will provide the base for the target to reach at least $500 million. This substantial growth was spurred by 36% year-on-year (y-o-y) growth, resulting from new property openings and other signings.

Not only has Ascott succeeded in securing 160,000 units by 2023, it has already established a goal of netting an additional 4,000 units in the first quarter of FY2023. In order to accomplish these targets, the business plans to offer service residences, hotels, co-living and senior living options, and range from mid to luxury scale.

Continued openings of properties and new signings are expected to contribute to the business’ fee revenue growth at an estimated annual rate of 8%-10% over the next five years.

Thanks to the company’s …

Altura EC Bukit Batok West Avenue 375 Executive Condo Units by Qingjian Realty
Altura EC Bukit Batok West Avenue 375 Executive Condo Units by Qingjian Realty

Set on the east side of Bukit Batok West Avenue, the 99-year leasehold Altura EC is expected to become one of the most sought-after developments in the area. It is located near the Jurong Innovation District and Tengah Town. Covering 1.24 hectares, the Altura EC Qingjian Realty site is set to provide 375 executive condo units. Adjacent to Le Quest, a mixed-use project by Qingjian Realty, the anticipated completion time of the development is 2021. With the highest bid of $266 million, submitted jointly by Qingjian Realty and Santarli Construction, the per square foot per plot ratio translates to roughly $662.

Upon completion, Altura EC residents will be offered a multitude of advantages by the JRL. These advantages will range from increased convenience, to a greater sense of security and improved aesthetics. In particular, the JRL will provide better public transport access, a cleaner and more pleasant living environment, as …

Looking at Qingjian Realty Real Estate Developer Cospace Concept to Maximize Floor Plan Space

Qingjian Realty is a real estate developer that is revolutionizing the way people think about floor plan space. With its Cospace concept, Qingjian Realty has developed a way to maximize floor plan space. Utilizing a combination of traditional and modern construction techniques, Cospace has created a solution that gives homeowners more space without sacrificing style or design.

To begin, Cospace starts with a basic floor plan. This plan is designed to give homeowners the maximum amount of space while still providing a comfortable living space. Next, Cospace adds extra features that maximize the space. These features include sliding walls, adjustable furniture, and built-in storage solutions. The result is a floor plan that is both functional and aesthetically pleasing.

In addition, Cospace utilizes a variety of space-saving techniques. These techniques help to make the most of every inch of space in the home. For example, Cospace often uses multi-functional furniture pieces …

Why Are Executive Condominiums in Bukit Batok Getting Popular Among First Time Buyers

Bukit Batok is one of the most popular towns in Singapore and is located in the west part of the city. It is known for its diversity and is home to many different cultures and ethnicities. One of the main reasons why executive condominiums in Bukit Batok are becoming increasingly popular among first-time buyers is the attractive prices. Executive condominiums are more affordable than private condominiums, making them an attractive option for those who are looking to buy their first property.

Another reason why executive condominiums in Bukit Batok are becoming increasingly popular among first-time buyers is the location. Bukit Batok is close to the city centre and has good public transport links. This makes it easy for young professionals to commute to work, and it also provides easy access to the many amenities in the area, such as shopping malls, restaurants and parks.

In addition, many executive condominiums in …

Exploring the Advantages of Living near the Bukit Panjang Integrated Transport Hub

Living near the Bukit Panjang Integrated Transport Hub is a great way to get around the city with ease. The integrated transport hub is the central point of the public transport system in Singapore, connecting different parts of the city. The integrated transport hub provides easy access to the MRT and bus lines, making it easy to get around the city quickly and conveniently.

One of the biggest advantages of living near the Bukit Panjang Integrated Transport Hub is the convenience it provides. With the hub, you can easily access all the different parts of the city without having to worry about long journeys or dealing with traffic. The integrated transport hub makes it easy to get around the city, no matter where you are. This makes it especially convenient for those who work in different parts of the city and need to get from one place to another quickly.…