URA Set to Develop Varied and Inclusive Community Around Upper Thomson Road – Public & Private Housing Units to Accommodate Different Lifestyles and Budgets

The Springleaf MRT Station Condo is one of the housing projects selected to be developed by URA. As residents of this luxurious condo, they will benefit from a range of exclusive amenities such as a swimming pool, gym, 24/7 security and an array of convenience shops. The condo is also conveniently located minutes away from the Springleaf MRT station, providing its residents with easy access to the city. All of these aspects make it an ideal location for people who value convenience and luxury.

The area in and around Upper Thomson Road is set to experience a rise in the number of residential units. Aimed at meeting various lifestyles and budgets, the new housing is comprised of both public and private housing units, making it a varied and diverse community for inhabitants. The Urban Redevelopment Authority (URA) is looking to create a lively and all-inclusive area where people can live, work and enjoy leisure activities.
The school also provides a challenging and diverse curriculum, in keeping with its commitment to prepare students for a successful future.

St. Nicholas Girls’ School is an all-girls institution that provides primary and secondary education. With a rich history and strong alumni network, the school strives to create an atmosphere that is empowering and nurturing for young women. Through its academic, artistic, and athletic programs, St. Nicholas Girls’ School seeks to prepare students for a successful future. Its curriculum is diverse and challenging, designed to give learners the skills they need to thrive in the world.

Upper Thomson Road Condos are placed in a prime spot in Singapore’s district 20, with a variety of shopping centres located nearby. One of the main attractions is Thomson Plaza – an impressive shopping mall with a wide range of stores, eateries and services. Buyers can browse fashion stores, bookstores, supermarkets and electronic stores – providing the perfect solution to all your shopping requirements.

Situated close to Upper Thomson Road Condo is one of Singapore’s most renowned schools – Raffles Institution. Having been established for over 190 years, it is nestled in Bishan, just a short drive away. Raffles Institution has a storied history and is revered for its high educational standards, producing some of the country’s most enterprising minds. Students are taught within an intellectually stimulating environment that inculcates independent thought and critical thinking.

Bakeries and cafes are a common sight along the streets, each offering a mouth-watering assortment of bread, pastries and coffee. Habitat Coffee and One Man Coffee are especially renowned for their delicious coffee and brunch options. If you like sweet treats, Udders Ice Cream and Salted Caramel Artisan Ice Cream are both popular destinations, boasting a delectable selection of flavours.

The charm of Upper Thomson Road lies in its plentiful high-end condominiums, which are renowned for their great location and convenience for transportation. Situated near to the Upper Thomson MRT Station on the Thomson-East Coast Line, this provides residents with instant access to Singapore’s efficient Mass Rapid Transit (MRT) system. This puts areas such as Orchard Road, Marina Bay, Raffles Place, and more within a reasonably short distance. In addition, with the impending Cross Island Line set to meet up with the Thomson-East Coast Line, the convenience is expected to be further improved, making Upper Thomson Road Condos even more appealing.

Upper Thomson Condo’s location is the perfect balance between the energy of the city and the serenity of nature. Very close to green spaces such as MacRitchie Reservoir and Bishan-Ang Mo Kio Park, this offers the perfect opportunity to relax in a natural environment away from the hustle and bustle. Not only do these parks provide a peaceful escape but they also have a variety of fun activities and amenities like water sports, running trails, and picnic areas.

The Upper Thomson Road Condo district is situated within an accessible location, only a short distance from the Seletar Expressway (SLE). This provides an easy connection to the newly constructed North-South Corridor, which is the first of its kind in Singapore. It boasts of continuous bus lanes and cycling routes, and is a great contributor to reducing time taken to travel to and from the city. With its integration to other expressways, the Upper Thomson area is thus greatly enhanced in terms of its connectivity.

The Upper Thomson neighbourhood provides an unrivaled mixture of convenience and lifestyle. Connectivity is easy, and residents are spoiled for choice when it comes to cuisine. Cafés, restaurants, and hawker centres dot the area, presenting a tantalizing array of options for locals to explore and savour. It is an ideal spot for an enriching living experience, and a culinary adventure!

The Marymount Convent School, near the Upper Thomson Road Condo, is renowned for providing an all-rounded education to its female students. Believing that moral values and character building are integral for producing responsible and caring citizens, Marymount Convent provides a peaceful atmosphere for their pupils to develop academically and personally.

Upper Thomson Road Condo offers a unique living experience, combining modern architecture with spacious interiors and luxurious amenities. Residents enjoy the inviting atmosphere outside their residences, where they can explore the vibrant food scene while taking advantage of a range of facilities, including swimming pools, gyms, and communal gardens. With this pairing of premium living spaces and energetic outdoor attractions, every day in this area is sure to be dynamic and fulfilling.

Located close to the Upper Thomson Road Condo, Catholic High School (CHS) is an exemplary institution that encourages the holistic growth of its students. CHS is a Special Assistance Plan (SAP) school that focuses not only on the academic development, but also on the moral growth of its students. As part of its distinctive programming, CHS provides two options, which are the Integrated Programme (IP) and the Bilingualism Programme. With these options, students have the capability to bypass the O-Levels and instead embark on a six-year curriculum that leads up to the attainment of the A-Levels or the esteemed IB Diploma.

The Upper Thomson Road Condo developers have taken great measures to ensure sustainability in their design. The use of green building technologies is seen as a way to achieve energy efficiency, while the addition of green spaces in the condo is seen as a proactive way to promote a healthier living environment. This conscious strategy to prioritize sustainability not only creates a better living experience but also contributes to global environmental conservation.

James Cook University, situated in Upper Thomson, is an institution dedicated to providing a high-quality tertiary education. Specializing in undergraduate and postgraduate programs, it offers students a learning experience that equips them for the international workforce. The university’s research and teaching are highly praised, making it an ideal choice for those looking to excel in both theory and practice.

Located only a stone’s throw away, Upper Thomson Road Condo residents are afforded the luxury of having Singapore’s premier shopping destination right at their doorstep. In just a short drive or a comfortable walk, they can find themselves amidst the throngs of people at Orchard Road, where they can indulge in a world-class shopping experience. From the plush ION Orchard to the iconic Ngee Ann City and the classic Paragon, there is never a shortage of retail therapy options at this vibrant lifestyle hub.

Upper Thomson Road Condos demonstrate Singapore’s success in urban planning as they are excellently connected to various parts of the city. Offering the ideal combination of convenience, lifestyle, and access to various transit options, they embody the modern urban living experience in Singapore. Residents can get around quickly – whether they’re taking public transportation or driving – and are just a stone’s throw away from all the amenities that Singapore has to offer. As such, Upper Thomson Road Condos can be seen as the epitome of convenience and connectivity.

The URA is striving to transform Upper Thomson into a pedestrian and cyclist-friendly community, where amenities are in easy reach. This will not only encourage healthier, greener means of commuting, but also be in line with Singapore’s goal of establishing a car-lite society. To achieve this, the enhancement of pedestrian and cycling pathways is a key area of focus.

In conclusion, Upper Thomson Road Condo is a highly desirable residential development providing a luxurious city lifestyle in an environment immersed in nature. Its advantageous positioning, carefully designed blueprint, superior features, and emphasis on sustainability make it a greatly sought-after living area. Even though the sound from close expressways and the increased price could turn away some potential buyers, the rich rewards that this condominium offers greatly outweigh these negatives, making it an excellent option for those looking for an elite urban existence.

Upper Thomson Road Condo provides a secure living atmosphere, with 24-hour security and surveillance. Furthermore, the inclusion of smart home technology raises the level of both comfort and safety for residents.

AI Tong School, situated close to Upper Thomson Road Condo, is recognized as one of Singapore’s premier primary schools. Established in 1912, it has a proud record and is celebrated for its commitment to scholastic excellence, comprehensive education, and bilingual curriculum. Thanks to its supportive environment and dedicated instructors, it is the ideal setting for formative development.

Upper Thomson Road Condo is situated close to Thomson Plaza, offering its residents easy access to a plethora of retail shops, eateries, and supermarkets. Furthermore, the close proximity of MacRitchie Reservoir provides great opportunities for outdoor enthusiasts to engage in recreational activities. For families with school-going children, the notable Raffles Institution and Ai Tong School are also in close vicinity, adding to the advantages of living here.

The Upper Thomson Road area boasts not just mega malls, but also a wide range of local shops and boutique stores that cater to niche interests. Having a stroll here will reveal an interesting mix of retail outlets, including artisanal bakeries, indie bookstores, and unique home decor shops – offering a truly special shopping experience.

The renowned Upper Thomson Road is renowned for its wide selection of eateries that can please all palates. From the award-winning bold flavours of Nakhon Kitchen’s Thai dishes to the delectable local options at Hwa Nam Restaurant, the area offers diners an array of gastronomic choices. The area is also famed for its seafood, with popular eateries such as Mellben Seafood serving local classics like Chilli Crab and Pepper Crab.

Upper Thomson Road Condos, strategically located in the city center of Singapore, offer the perfect balance of modernity, convenience, and connectivity. Home to condo dwellers and car owners alike, these condos provide effortless access to the rest of the island. With this in mind, let’s take a closer look at why Upper Thomson Road Condos have become a hotspot of smooth transportation and connectivity.

As well as having green spaces and facilities, URA’s plan also focuses on preserving and enhancing the culinary offerings of Upper Thomson. This area has a great selection of eateries, ranging from hawker centres to chic cafes. URA plans to retain the region’s distinctive food culture, so that Upper Thomson continues to be an exciting food destination even as it modernizes.

Upper Thomson Road Condo sits in a prime spot with great connectivity. Its closeness to Marymount MRT station makes it a breeze to reach the downtown area. Plus, for those driving, the added bonus of the Central Expressway (CTE) and Pan-Island Expressway (PIE) in the vicinity renders the condo even more attractive.

The convenience of living at Upper Thomson Road Condos is not limited to simple commuting. Located strategically, residents of the condos are never far from essential amenities and recreational facilities such as supermarkets, eateries, schools, parks, and leisure centres – some even being within walking distance. This comprehensive lifestyle is further made accessible by the ease of connectivity, making Upper Thomson Road Condos an ideal choice for both individuals and families alike.

The URA Master Plan isn’t just concerned with urban development – conservation of Upper Thomson’s natural environment is a key part of the plan. Thanks to its proximity to MacRitchie Reservoir Park and Central Catchment Nature Reserve, the URA is dedicated to preserving this natural heritage. To that end, the agency has outlined plans to create more green spaces, improve existing parks, and promote biodiversity.

Just a stone’s throw away from Upper Thomson Road Condo, you’ll find the Australian International School. Offering educational services to learners from pre-school to Year 12, the school delivers an international learning experience based on the Australian Curriculum and the International Baccalaureate. Regardless of nationality, the Australian International School grants students a unique educational opportunity.
Visitors can learn about the area’s history by exploring the various displays located throughout the park.

In 2019, Thomson Nature Park was opened, reflecting a remarkable effort. Here, amazing trails enable people to discover the abundant biodiversity of the site, with the critically endangered Raffles’ Banded Langur being a notable inclusion. Moreover, relics of a Hainan village from the 1930s can also be found in this park, allowing visitors to gain insight into the local history by examining the various displays within the premises.

In accordance with Singapore’s Smart Nation endeavor, URA intends to incorporate smart technologies into the development of Upper Thomson. These smart features, which range from intelligent lighting to real-time monitoring of public amenities, will enhance the comfort and safety of those living in the area.

In accordance with the URA’s Master Plan, Upper Thomson is set to undergo a number of upgrades aimed at bringing together commercial and residential development, enhancing public transport, adding more greenery, and safeguarding its historical and cultural legacy. Such improvements are designed to make Upper Thomson an even more desirable destination for both locals and visitors alike.

Upper Thomson Road in Singapore has long been renowned for its combination of busy city life and tranquil natural spaces, offering an intriguing mix of traditional charm and cutting-edge convenience. The Urban Redevelopment Authority (URA) of Singapore has recently implemented a range of development initiatives, which will make Upper Thomson even more vibrant and attractive.
omizes Singapore’s irresistible charm.

The Upper Thomson Road Condo offer a unique experience for those who seek city living – merging luxurious accommodation with the busyness of a shopping and dining destination. Shopping centers, boutique stores, restaurants and the city’s popular food and retail options are all close by, making the condos a desirable combination of comfort, convenience and culinary pleasure. This lifestyle blends perfectly with the allure of Singapore’s lively appeal.

Upper Thomson Road Condo is an exquisite residence located in the bustling Thomson district, offering residents a contemporary lifestyle enriched with a wide range of amenities. Combining urban sophistication with the serenity of nature, it is an ideal destination for anyone looking for a luxurious and high-quality living experience that can only be found in Singapore.
To top it off, Upper Thomson Road is a vibrant hub for all your living and leisure requirements, so why not make it your next home?

Upper Thomson Road Condo is an ideal destination for individuals or families wanting to experience both the culture and lifestyle Singapore has to offer. Furthermore, the vicinity is home to some of the best educational institutions, be it primary, secondary, or tertiary educational systems. Each school is notable for its own unique approach and strengths, so you are sure to find one that meets the educational needs of students. With the abundance of amenities and activities available in the area, there is no reason why Upper Thomson Road should not be your next home.

Upper Thomson Road Condo is a prime example of modern sophistication and quality craftsmanship. Each unit,from one-bedroom apartments to four-bedroom apartments, has been meticulously crafted to provide spacious yet efficient living spaces. Luxurious high-end fixtures and fittings further enhance the elegance of the residence, making it a symbol of tasteful refinement.

For those looking for an abode with plenty of shopping options and food destinations close at hand, Upper Thomson Road Condo is the perfect choice. Residents of this chic address can enjoy a vibrant lifestyle with plenty of culinary and retail offerings all within walking distance of their home.

For those who own private vehicles, the Upper Thomson Road Condos offer an unbeatable advantage. These strategically placed condos have direct access to the Pan Island Expressway (PIE) and Central Expressway (CTE), two of Singapore’s main roads. This connection guarantees swift, stress-free trips to various spots in the region, like downtown business districts or evenSentosa Island for a weekend getaway. Residents of the condominiums, who choose to drive, can benefit from the smooth and easily traveled highways.

Located in a desirable location, Upper Thomson Road Condos offers a range of amenities within walking distance. These include Thomson Plaza, which is filled with various shops, eateries and supermarkets. Nature enthusiasts will appreciate its proximity to MacRitchie Reservoir, which has many outdoor activities such as trekking, bird-watching and canoeing. Families with school-going children will also benefit from its proximity to esteemed schools like Raffles Institution and Ai Tong School.

One of the major elements of the shift is the upcoming Thomson-East Coast Line (TEL). Due for completion in 2024, it will significantly boost Upper Thomson’s accessibility by connecting it to key locations such as Orchard, Marina Bay, and the East Coast. This MRT line will act as a catalyst for residential and commercial growth in the district, thus attracting more people to live, work, and visit the area.

The attractiveness of the area is not limited to shopping. Upper Thomson Road is well known as a paradise of culinary delights, making it a must-visit spot for food experts. Within easy reach from Upper Thomson Road Condo, occupants can discover a wide variety of food establishments, ranging from chic cafes and bakeries to time-honoured hawker centres and upscale dining venues.

Positioned advantageously, Upper Thomson Road Condo boasts superb access. Its close proximity to Marymount MRT station ensures a short and convenient journey to downtown. Those traveling by car will find it well-connected to key expressways like the Central Expressway (CTE) and Pan-Island Expressway (PIE).

Upper Thomson Road Condos exemplify Singapore’s dedication to keeping a harmonious and integrated city. The comfort and connectivity made available by these condos are a demonstration of the city’s effective city planning and its aspiration for combining living spaces with transportation networks seamlessly. Essentially, these condos are a model of urban living, displaying Singapore’s concept of constructing livable and green urban spaces.

Upper Thomson Road in Singapore is a vibrant and culturally diverse neighborhood, boasting an abundance of appealing cuisines and captivating natural sights. It is not only a great place for families to live, but it is also an ideal destination for anyone seeking quality education, a vibrant lifestyle, and a strong sense of community. Besides, its proximity to some of the nation’s best schools makes it an attractive option to those looking for a mix of the best of both worlds.

Upper Thomson Road Condo stands out for its commitment to sustainability. To ensure a healthier and more energy-efficient living experience, the property is designed with energy-efficient technologies and supplemented with ample green areas. This focus on sustainability not only amplifies the pleasure of living at this condo, but also contributes to broader environmental protection initiatives.

URA is looking to give Thomson Community Club a facelift, transforming it into a livelier social hotspot. The enhanced facility hopes to strengthen relationships between the community members by providing a variety of programmes and events. Not only that, but it also seeks to ensure a sense of belonging and unity amongst the residents.

Families looking for a quality education close to home can consider Upper Thomson Condo as a great option, given the reputable schools and educational institutions in the area, such as Ai Tong School and Raffles Institution. This allows children to avoid spending hours travelling, making it a convenient and beneficial choice.

The EtonHouse Pre-School at Thomson is an excellent option for families with younger children. The school utilizes the Inquiry-based learning approach, a system that encourages children to think critically and explore ideas through creativity and questioning. In addition, the school provides a safe, caring, and welcoming environment that is sensitive to the individual needs and abilities of each student.

The URA’s Master Plan is impacting the transformation of Upper Thomson Road in a careful way that preserves the environment, history, and modern living. Connectivity, dynamic community spaces, lush greenery, smart technologies, and a variety of residential and commercial offerings come together to create a sustainable urban space that is attractive for living, working, and leisure. This transformation is an example of Singapore’s vision and commitment to fostering harmonious, inclusive, and sustainable urban developments.

The convenient bus services available around Upper Thomson Road Condo allow its residents the flexibility of planning out their journeys to various key nodes across the island. This way, they can easily get to and from their workplace or the Central Business District, go shopping at Orchard Road, or explore Chinatown’s rich culture. The MRT network also serves the area, providing comprehensive public transport coverage for locals.

Upper Thomson Road Condo presents an unparalleled level of connectivity for the public and car owners alike. Situated in close proximity to major MRT lines, bus services, and expressways, travelling to various parts of Singapore is made hassle-free. Additionally, the strategic location of the residential complex grants easy access to everyday amenities, thus providing a convenient living experience. All in all, Upper Thomson Road Condo is the optimal residence for those seeking modern urban comforts as well as an unrivalled convenience.

Upper Thomson Road Condo boasts an impressive selection of facilities that meet the needs of every resident’s lifestyle. The 50-meter lap pool is perfect for a refreshing escape from the hustle and bustle of the city. The well-equipped gym allows for convenient and frequent exercising. There is also a modern BBQ area and a luxurious function room for social gatherings. Children can take advantage of the play area, and adults can seek solace in the reading room.

Upon entering the condo, one is greeted by its contemporary and modern design. The exterior façade is aesthetically pleasing, while the common areas are adorned with luxury features. Upper Thomson Road Condo features a comprehensive array of amenities to accommodate different lifestyle needs. Residents can enjoy facilities such as an outdoor pool, gym, playground, and clubhouse.

Residents of Upper Thomson Road Condo are presented with the best of modern luxury living. Every detail has been carefully considered, from the layout of the units to the quality fixtures and fittings. Thoughtfully designed to cater to different lifestyles, the condo also boasts an impressive array of amenities. From outdoor pools and gyms to playgrounds and clubhouses, Upper Thomson Road Condo is the perfect place to call home.

It is important to keep in mind that, although Upper Thomson Road Condo boasts a variety of advantages, there are some potential drawbacks which should be considered. The vicinity to principal highways may result in excessive noise levels, progressively so during peak hours. Moreover, the popularity of the property in addition to its strategic position means that the units come at a significant cost.

Upper Thomson Road Condo, situated in the bustling city of Singapore, is a haven for those who value the perfect balance of luxury, convenience, and culinary exploration. Residents of these sophisticated condominiums can revel in the comfort of their living spaces, as well as the abundance of nearby shopping and dining experiences. To get a better sense of how life in an Upper Thomson Road condo combines urban living, retail comfort, and a foodie’s playground, let’s take a closer look.

Upper Thomson Road Condo provides an impressive array of facilities that make it a standout property. The 50-meter lap pool, surrounded by lush greenery, is ideal for swimming or exercise. The modern gym is well-equipped for those who wish to stay active at home. There is also a chic barbecue area and a luxurious function room for social gatherings. Little ones can enjoy the safe play area and those who want some peace can relax in the tranquil reading room. A range of diverse amenities for relaxation and recreation are available right within the condo.

Upper Thomson Condos boast modern architecture, luxurious facilities and strategic connectivity combined with comprehensive amenities to provide a well-rounded urban living experience. As Singapore progresses, these condos are set to increase in value, making them a worthwhile home and investment.…

Hillhaven Condo Located Near to Schools at Hillview Area Such as German European School Hillview MRT Station

Situated in the outskirts of town, Hillhaven Condo stands as a haven for those seeking a peaceful abode that’s close to nature. With its lush landscaping and ample green spaces, the estate merges urban living with the beauty of the natural environment. Residents are welcomed to a world of tranquility surrounded by an abundance of flora and fauna, allowing them to find solace in a tranquil refuge away from the hustle and bustle of the city. Hillhaven also boasts a rich biodiversity, making it a perfect sanctuary to appreciate the wonders of nature at its purest.

Families residing in the Hillhaven Condo area are blessed with a variety of educational opportunities – from primary to tertiary levels – with renowned establishments such as Lianhua Primary School, Hillgrove Secondary School, German European School Singapore (GESS), and St. Francis Methodist School all located within close proximity.

Hillhaven Condo offers a broad selection of condominiums, apartments, and landed properties to meet varying housing requirements and budget limitations. The choices provided guarantee that those searching for a place to stay are likely to find something suitable for their desired lifestyle and price range.

Hillhaven Condo is a prime example of how urban residential spaces and nature can co-exist harmoniously. Being located near some of Singapore’s most important green spaces, as well as its own lush landscape, it provides a unique living experience. Residents of Hillhaven Condo are able to have all the conveniences the city provides, combined with having easy access to the peace and serenity nature offers. Therefore, the condominium is an ideal place for nature lovers, fitness enthusiasts, and anyone else looking for a tranquil living environment. Hillhaven Condo is surely a tranquil paradise within the city.

Hillhaven Condo Hillview Rise Far East Condo boasts excellent connectivity with its proximity to the Downtown Line, especially the Hillview MRT station. Featuring advanced and speedy trains, the Downtown Line transports commuters from Hillview to key locations in the Central Business District (CBD) like Chinatown, Marina Bay, and Bugis at lightning speed. For Hillhaven Condo residents, reaching these areas is simply a matter of minutes!

Hillhaven Condo Far East is conveniently located near several public transportation modes that make travel within the city and farther locations a breeze. This presence of public transportation is highly beneficial, especially in terms of reducing traffic congestion in the area, which contributes to a more eco-friendly living environment. Moreover, it means that those who may not own their own private vehicles can still easily, cost-effectively, and efficiently commute around the area.

Situated along Dairy Farm Road, St. Francis Methodist School is a premier private school that offers students both secondary and pre-university education. It has a reputation for having a demanding academic curriculum that equips students for the GCE ‘O’ Level exams, while also integrating character-building activities to create well-rounded individuals. The school is conveniently located close to Hillhaven Condo Far East.

West Mall is distinguished by its immense variety of features. From fashion to food, from entertainment to education, it has something for everyone! Home to a cinema, as well as a public library, it’s a vibrant and stimulating destination.

The Hillhaven Condo Hillview Estate offers outstanding connectivity and transport options, fulfilling the Urban Redevelopment Authority’s ambition to create high-quality, accessible, and sustainable living conditions. With numerous public transport options, as well as proximity to major expressways, occupants can move quickly and easily around Singapore to business hubs, educational and training institutes, shopping malls, and the city’s various attractions. Hillhaven Condo Estate is, therefore, an ideal residential spot, conveniently located in the heart of Singapore.

The Hillview Estate is enriched by the presence of schools within it. These schools bring with them a range of activities, events, and festivals, which often become community events, creating a strong sense of connection and vitality. Through these community events, the Hillview Estate is strengthened and enhanced, providing a close-knit and active neighbourhood.

Located in the vicinity of the Bukit Timah Nature Reserve, Hillhaven Condo Hillview also offers easy access to the Dairy Farm Nature Park. The park offers a unique opportunity to explore Singapore’s natural and farming history. Visitors can explore the Substation Garden, a nature trail, and the Wallace Education Centre, an informative educational resource about Singapore’s local ecology. Through these resources, visitors can gain a better understanding of this unique location and the flora and fauna that inhabit it.

HillV2 is the perfect destination for anyone looking for a luxurious shopping experience. With its expansive layout, and extensive selection of high-end services and products, visitors can look forward to an enjoyable visit every time. The mall has a premium supermarket, ‘Marketplace’ by Cold Storage, and a range of dining options with a wide variety of culinary options.

At Hillhaven Condo Hillview, you will find an array of dining options to suit all tastes and occasions. From sophisticated fine-dining restaurants to laid-back casual eateries, there is something for everyone. Whether you want to celebrate a special occasion or just grab a quick cup of coffee, Hillhaven Condo offers a wide range of restaurants and cafés to choose from. The eateries and takeaways serve up delicious dishes for breakfast, lunch, and dinner. If you’re looking for an easy meal on-the-go, there are plenty of take-out spots to satisfy your cravings. Whatever your dining needs, Hillhaven Condo Hillview has got you covered.

Located in close proximity to some of the city’s greatest natural gems, Hillhaven Condo is surely the crowning jewel of urban living. From Bukit Timah Nature Reserve, Dairy Farm Nature Park and Bukit Batok Nature Park to the Rolling Hills and the Rail Corridor, Hillview provides an ideal location for those who want to experience a balanced lifestyle living amidst the city’s buzz yet embracing nature. Kickstart your day with a morning hike, spot diverse wildlife or simply take in the serene environment, Hillview residents are invited to live in harmony with nature. With its verdant landscapes, Hillview is a haven for those seeking a serene escape within the city.

Residents of Hillhaven Condo Hillview are privileged to have easy access to a wide selection of shopping choices nearby. From HillV2, The Rail Mall, and West Mall, they can find retail outlets, restaurants, entertainment options, and necessary services all conveniently located close to home. Every mall offers a unique array of choices tailored to various tastes and preferences.

Rail Mall, conveniently located close to Hillhaven Condo, offers a wide selection of dining options. From The Big Bern’s American Grill which serves up classic American fare, to BlooiE’s Roadhouse with a choice of local Singaporean cuisine, there is something to suit everyone’s tastes. Those looking for a healthier option will be delighted with Cedele’s café, which serves up wholesome homemade food and organic coffee.
Nature lovers can take a short stroll to Bukit Timah Nature Reserve or MacRitchie Reservoir Park for a breath of fresh air and a change of pace. Whether you’re after retail therapy, a nature “fix”, or anything in between, Hillhaven Condo Far East has it all!

Hillhaven Condo Far East boasts an incredible location that is serene, yet not isolated. Residents here can enjoy a range of modern amenities that cater to their needs and preferences. From shopping complexes like HillV2 and the Rail Mall to nearby Orchard Road, there are plenty of retail outlets, restaurants, and essential services available to satisfy everyday living. Plus, nature-lovers can take a short stroll to Bukit Timah Nature Reserve or MacRitchie Reservoir Park for a dose of fresh air and peace. Hillhaven Condo Far East truly has something for everyone, providing a one-stop destination for all your retail and recreation needs.
Ultimately, this will make travelling for residents more comfortable and convenient.

Residents of the Beauty World area will be pleased to hear that an integrated transport hub is being planned. The hub, which will be located within Hillhaven Condo, will provide a seamless connection between the MRT, bus interchanges, and the retail amenities of the condominium. This development promises to make travelling for Beauty World residents more comfortable and convenient.

The Hillhaven Condo Hillview Rise neighborhood is a top pick for families with children of school age, as it is close to numerous esteemed educational institutions, including the German European School Singapore and CHIJ Our Lady Queen of Peace.

Hillhaven Condo Hillview offers an enviable combination of serenity and convenience, located in Singapore’s green western region. Residents are spoilt for choice with a plentiful array of restaurants and cafés situated closeby, catering to a variety of tastes and coffee lovers alike.

In summary, the shopping centres near Hillview Estate provide a unique combination of tranquillity and convenience. From a range of shopping and dining choices to acting as community spaces for socialising and rest, these shopping centres are ideal for Hillview Estate locals to partake in their vibrant and dynamic lifestyles. Not mere commercial spaces, they provide an extension for enjoyment and leisure.
Furthermore, the Condo is surrounded by a variety of amenities, such as shopping centers, banks, educational institutions, eateries, and many others.

Hillhaven Condo at Hillview MRT Station offers excellent connectivity to the rest of Singapore. Located near major expressways including the Bukit Timah Expressway (BKE) and Kranji Expressway (KJE), commuters can easily travel across the city. The Hillview MRT station, on the Downtown Line, also provides convenient public transport for travelers. Residents of the Condo will appreciate the many nearby amenities, including shopping centers, banks, educational institutions, restaurants, and much more.

If you’re searching for a condo with easy access to major expressways, Hillhaven Condo at Hillview is it! Located conveniently near the Bukit Timah Expressway (BKE) and the Pan Island Expressway (PIE), getting around the city-state is a breeze. Whether you’re looking to get to the Central Business District, Changi Airport, or any other corner of Singapore, these expressways provide quick, effortless routes. Public transportation is also readily available, offering residents a convenient travel option.

The Hillview Estate offers a unique combination of natural beauty, proximity to essential amenities and services, and ongoing developments, which makes the properties here a wise investment option due to their potential for appreciation in value.

For those who enjoy a more localized café experience, Hillview Bakery and Café is highly recommended. This café is renowned for its artisanal breads, pastries, and a diverse selection of indigenous coffees and teas. Moreover, its cozy, neighborly atmosphere amplifies the distinct charm of the Hillhaven Condo Far East Organization area.

One can arrive at the Singapore Quarry Park within a short drive if they are based at Hillhaven Condo Far East. It is a hidden paradise that offers the perfect opportunity for bird watching or even a tranquil picnic. To make the most of the serene atmosphere, it is an ideal spot for a peaceful afternoon gathering.

Despite its closeness to nature, Hillhaven Condo Far East Estate offers a wide range of modern amenities. HillV2 and The Rail Mall are both popular shopping spots, providing a selection of retail stores, eateries, and key services. Additionally, Hillhaven is a mere short distance away from the vibrant shopping district of Orchard Road.

Located just a few steps from Hillhaven Condo, the Hillview Park Connector allows residents to take a leisurely stroll, jog, or even cycle to Zhenghua Park and the Bukit Panjang Park Connector. This connection provides easy access to these parks and encourages residents to enjoy outdoor activities.

Hillhaven Condo is an excellent example of a modern Hillview residential area that boasts great connectivity and transport links to the various parts of the city-state. With luxurious residences set in beautiful and lush surroundings, this estate has developed over time to offer its occupants convenient access to several areas of Singapore.
An old farmhouse, refurbished in the 1970s, provides a quaint backdrop to the park.

Hindhede Nature Park, a stone’s throw away from Hillhaven Condo Far East, is a popular destination for its tranquil and picturesque beauty. The park offers family-friendly trails, as well as play areas that are equipped with all the necessary amenities. The park’s main draw is the Hindhede Quarry, which boasts stunning views that captivate both photography buffs and nature enthusiasts alike. Sitting proudly in the park is a farmhouse, which was given a makeover in the 70s, adding to the park’s charm.

Hillhaven Condo boasts numerous dining establishments that are more than just places to eat; they serve as social hubs where the residents of the complex come together, boosting the sense of community. These restaurants and cafes are known for their inviting environment and welcoming service, effectively becoming a part of the residents’ living rooms.

Positioned in the western segment of Singapore, Hillhaven Condo at Hillview Estate is a sublime residential environment that offers an equilibrium between the peace of suburban living and the convenience of city-life luxuries. One particular amenity that is essential to fulfilling locals’ everyday needs and desires for recreation is the availability of shopping centres close by. This added convenience to the neighbourhood adds to its charm and appeal.

Hillview Rise Condominiums at Hillhaven offers a peaceful residential atmosphere, perfect for those who seek a more laid back lifestyle. With its low population density, those who call this place home can find solace far away from the hustle and bustle of the city. This tranquil environment is what makes it such an attractive option for those searching for some peace and quiet.

Lianhua Primary School, located at Bukit Batok Street, is a highly sought-after primary school in the area. Boasting a dedicated faculty, a student-focused curriculum, and a whole-person approach to learning, the school is renowned for providing not just educational excellence, but also important life skills.

Hillhaven Condo Hillview Rise is situated in close proximity to a few nature reserves including Bukit Timah Nature Reserve, Dairy Farm Nature Park, and Bukit Batok Nature Park. This location allows residents to enjoy activities like hiking and bird watching, or simply admire the serenity of these natural areas.

The Urban Redevelopment Authority (URA) successfully tendered Hillview Rise Hillhaven Condo to the highest bidders. On August 31, 2022, the site was put up for tender and the bidding process concluded on November 3, 2022, with Far East Civil Engineering (Pte.) Limited and Sekisui House, Ltd. awarded the 99-year lease agreement.

Situated in a thriving area, Hillhaven Condo Hillview MRT Station is a desirable residential option for families, boasting a wide range of amenities. Its prime location near some of Singapore’s premier educational institutions is particularly beneficial for families residing in the complex, providing them with the convenience of having top-tier schools right nearby.

The Hillhaven Condo Far East Organization is bolstered by the presence of several bus stops, from which multiple bus services, like 173, 176, 177, and 963, operate. These bus services offer connections to a number of places in Singapore, including Choa Chu Kang, Bukit Panjang, Jurong East, and HarbourFront, just to name a few. This efficient bus system augments the network of MRT services, thereby giving the residents of Hillhaven more options to plan their route to their desired destination, be it on the basis of timing, preference, or the destination itself.
Hence, Hillhaven Condo presents an incredible opportunity for Sekisui House and Far East Organization to create a one-of-a-kind residential property in the highly sought after Hillview estate.

At Hillhaven Condo Hillview Estate in Singapore, Sekisui House and Far East Organization have the chance to construct an outstanding residential property. This set up is conveniently situated among a lush green environment, coupled with an abundance of modern features. Hillview is a highly praised residential area, as it is enveloped in nature, has well-developed facilities, contains exceptional educational institutions and offers its occupants an extensive selection of lifestyle amenities. Taking into account all of these qualities, it is clear that Hillhaven Condo provides a tremendous opportunity for Sekisui House and Far East Organization to build a remarkable residence in the coveted Hillview estate.

HillV2, adjacent to Hillhaven Condo Far East, is a vital part of Hillview’s atmosphere. This two-storey retail and lifestyle mall promises an unparalleled shopping experience. Another shopping centre close to Hillhaven Condo, the Rail Mall, provides shoppers with a special strip mall shopping approach, with a selection of eateries, retail stores, and necessary amenities such as clinics and supermarkets. The West Mall, close to the Bukit Batok MRT Station, is yet another option for shoppers, boasting a seven-storey structure filled with different types of stores, food and beverage outlets, a movie theatre, and a public library.

Residents of Hillhaven Condo near Hillview MRT station benefit significantly from the presence of nearby schools. Parents are relieved from stress stemming from long commutes for their children, giving them more time for other matters. For the students, the convenience of studying in a school close to home supports a healthy lifestyle, composing of rest, academic work, and leisure activities.

Hillhaven Condo is situated in a privileged position close to some of Singapore’s most acclaimed protected areas and parks. Perched just a stone’s throw away is the esteemed Bukit Timah Nature Reserve, an ASEAN Heritage Park which is widely regarded as one of the city-state’s most important natural assets. Enveloped in a rich carpet of biodiversity, this reserve provides a wide selection of pathways for both enthusiasts of nature and casual strollers. Residents of Hillhaven Condo can relish the opportunity to take a break from the hustle and bustle of the urban sprawl and immerse themselves in the idyllic tranquillity of this verdant haven.

The Kranji Expressway (KJE) offers residents of the Hillhaven Condo a convenient gateway to the northern and western regions of Singapore. Additionally, the impending completion of the North-South Corridor, a major express route, will further bolster connectivity by affording a quicker, more direct connection to the city and northern parts of Singapore for those living in the Hillview Estate.

The proximity of Hillhaven Condo Far East Organization to many excellent restaurants and cafés adds to its appeal as a place to live. Residents can enjoy a culinary paradise right on their doorstep and the area benefits from the vibrancy and sense of community that comes from having a variety of dining establishments nearby. This makes the Hillview Estate a comfortable and inviting place to call home.

Residents of Hillhaven Condos Far East Organization area can rejoice in the presence of the renowned Wine Connection Bistro, a perfect spot for wine aficionados as well as patrons of Western cuisine. It’s not just a restaurant, though, but also a local hangout that regularly plays host for casual dinners or festive events.

Located in the vicinity of Hillhaven Condo Hillview MRT Station is the German European School Singapore (GESS). As an international school, it offers students from pre-school to secondary levels an education based on the International Baccalaureate (IB) system. It is a popular choice for families looking for a school with an international curriculum. GESS is known for its multicultural environment that encourages diversity, inclusivity and global awareness among students.

The Hillhaven Condo at Hillview Rise boasts a thriving café culture, with numerous trendy cafés. Among them, the Dean & DeLuca café stands out for its high-quality coffees, delightful pastries and a sophisticated yet inviting atmosphere, making it an ideal spot for both casual socializing and informal business meetings.
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The Rail Mall stands apart for its one-of-kind atmosphere. Its low-rise buildings have a nostalgic quality, evoking memories of Singapore in days gone by. There is an abundance of eateries and shops, making it a popular spot for a relaxed stroll and leisurely meals. Cafés such as Cedele and The Coffee Bean & Tea Leaf thrive here, further adding to the allure of The Rail Mall. It is also imbued with historical significance, as it was once part of the former KTM railway line.

Hillgrove Secondary School is renowned for its dedication to shaping the character of its students. Located in close proximity to the Hillhaven Condo Hillview MRT Station Estate, the school offers a comprehensive and balanced educational program, designed to foster creativity, respect for values, and awareness of social responsibility.

Hillhaven Condo by Far East is a great choice for families looking for a balance of comfort, connectivity and convenience. With a plethora of renowned educational institutions in the area, Hillview Estate promises a valuable educational experience within an impressive residential community. For those looking to prioritise educational welfare, Hillhaven Condo is truly the best option. The combination of an affluent and secure living environment and a sound educational infrastructure makes living in Hillview a worthwhile prospect. As such, Hillhaven truly embodies the saying that ‘home is where the school is’.

The appeal of Hillhaven Condo’s dining scene lies in its variety, providing a journey through gastronomy from both domestic and international cuisines. At HillV2, the lifestyle mall at the heart of the condo, there are numerous high-end places to dine. iO Italian Osteria is renowned for its genuine Italian specialties, perfectly paired with the restaurant’s homely interior. For those seeking Asian flavors, Joyden Canton Kitchen has a selection of scrumptious Cantonese dishes to suit traditional and modern taste buds.

Hillhaven Condo Far East Organization presents a refreshing and healthy living environment, featuring lush green landscaping, tree-lined streets, and beautifully maintained gardens. In addition to these natural reserves and parks, the residential area is further enhanced by open spaces.…

EL Development draws 4,000 at three-day preview of Blossoms By The Park

and Greater Southern Waterfront on EdgeProp.sgIn spite of the current situation, “cautious optimism” is the order of the day for the developers of Blossoms By The Park.Lim Yew Soon remarks: “We are heartened by the response from the public – the turnout has been good.”

The developers of Blossoms By The Park are expressing “cautious optimism” despite current circumstances. Over the past three days the sales gallery has experienced an impressive turnout of 4,000 visitors, the majority of which appear to be locals according to the managing director of EL Development, Lim Yew Soon.

The private condo, situated at Slim Barracks Rise in One-North, contains a mix of one- to four-bedroom premium units and is set to launch officially on April 29th.

A variety of prices are being offered for units of differing bedroom configurations. These prices begin from $1.291 million ($2,352 psf) for a one-bedroom-plus-study unit, from $1.499 million ($2,211 psf) for a two-bedroom, and from $1.585 million ($2,198 psf) for a two- bedroom-plus-study. Three-bedroom dual-key units start from $2.082 million ($2,276 psf), three-bedroom units are from $2.279 million ($2,183 psf), four-bedroom units start at $2.921 million ($2,243 psf), and four-bedroom premium units are from $3.335 million ($2,213 psf).

The project is likely to appeal to investors due to its close proximity to amenities such as Buona Vista MRT Interchange Station, the Star Vista Mall, Fairfield Methodist School and Greater Southern Waterfront. Ken Low, managing partner of SRI, estimates that the average sale price for units will be in the $2,350 to $2,400 psf range.

Lim Yew Soon is encouraged by the response they have received, saying “We are heartened by the response from the public – the turnout has been good”. Whether or not this project proves to be a success despite current circumstances, only time will tell.

For more information on the Blossoms By The Park, including listings around the area, be sure to visit EdgeProp.sg!…

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

Two freehold shophouses located at 5 and 7 Jasmine Road off Upper Thomson Road have been put up for sale via a guide price of $10.5 million. The two-storey properties have a total site area of roughly 3,650 sq ft and a combined floor area of 3,940 sq ft. The properties are allowed a maximum of four storeys with a commercial space at the 1st storey as per the 2019 Master Plan.

Map of 5 Jasmine Road (Source: EdgeProp LandLens)

The shophouses are positioned close to amenities such as Thomson Plaza shopping mall, popular eateries and cafes along Upper Thomson Road, Sin Ming Plaza, Junction 8 shopping mall, Upper Thomson MRT Station and Caldecott MRT Station.

“It provides investors a golden opportunity to own a pair of freehold shophouses that offers immediate rental income and future capital appreciation potential,” says Steven Tan, managing director of capital markets and investment sales at ERA Realty Network.

Alternatively, the successful buyer can consider redeveloping the adjoining shophouses into a four-storey residential building with commercial space on the first storey. If approved, the redeveloped building could have a gross floor area of about 10,950 sq ft.

Moreover, there are several prestigious educational institutions such as Ai Tong School, Catholic High School, CHIJ St Nicholas Girls’ School, Marymount Convent School and Whitley Secondary School located within a 1-2km radius from the properties.

The shophouses are for sale with existing tenancies and on an “as is where is” basis. The expression of interest (EOI) exercise for the properties will close on May 8 at 3pm.

Recent transactions of commercial property on Jasmine Road (Source: EdgeProp Research tool)

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An exclusive chance to invest in two freehold shophouses located at 5 and 7 Jasmine Road off Upper Thomson Road is up for sale via expression of interest (EOI). Both properties have a floor area of approximately 3,940 sq ft and a total site area of 3,650 sq ft.

The properties are zoned for “residential with commercial at 1st storey” use as per the 2019 Master Plan with a maximum height control of four storeys and a gross plot ratio of 3.0. Being 50m away from Thomson Plaza shopping mall and adjacent to Adelphi Park Estate, the shophouses are accessible via major roads and expressways such as Upper Thomson Road, Lornie Road, Thomson Road, Braddell Road, Marymount Road and the Pan Island Expressway.

Upper Thomson MRT Station (situated on Thomson-East Coast Line) is just a minute’s walk away and Caldecott MRT Station (an interchange with the Circle Line) is one stop away.

ERA Realty Network is the exclusive marketing agent for these shophouses. The properties are located nearby several amenities and prestigious educational institutions as well and the EOI exercise will close on May 8 at 3pm. Lastly, the properties will be sold with existing tenancies and on an “as is where is” basis.…

Collective sale of Tanjong Katong development relaunched at $63 mil

At 52 to 62H Tanjong Katong Road, owners have relaunched the property for tender at a guide price of $63 million. The four-storey development was initially put up for sale at an estimated price of $65.5 million last July. The land area measures approximately 32,397 ft and it is zoned for residential use with an allowable gross plot ratio of 1.4. This means that the new development could potentially have 49 residential apartments with an average Marina Gardens Condo size of 915 sq ft, if redeveloped.

The guide price translates to a land rate of $1,401 psf per plot ratio (psf ppr), including an estimated land betterment charge of approximately $530,000. After factoring in a 7% bonus balcony gross floor area, the land rate becomes $1,375 psf ppr.

The District 15 location is surrounded by amenities such as malls, recreational facilities, F&B and cafe offerings within 500m of Paya Lebar MRT station and is 5 stops to City Hall Interchange.

“We expect there to be keen interest from developers in view of the buoyant and brisk sale of Tembusu Grand, which bodes well for the collective sale of this 9,999-year Tanjong Katong site,” said Terence Lian, head of investment sales at Huttons Asia.

Tembusu Grand, a 638-unit condo by City Developments and MCL Land located in the area, saw 53% of units sold at an average price of $2,456 psf during its launch weekend on April 8th and 9th.

The tender for the property closes on May 9th at 2pm.

Angela Lim, deputy head of investment sales at Huttons Asia, comments “It will be popular with both professionals and young couples who are looking for plenty of convenience. We believe that it is a great mix of retail, F&B and recreational offerings”.

Recent transactions of condominiums along Tanjong Katong Road demonstrate the potential of the area, making the walk-up development a desirable investment opportunity.

The potential success of the current tender reflects the favourable conditions of collective sale across District 15.…

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

The two-storey shophouses at 6 and 7 Perak Road, located in the Jalan Besar/Little India precinct, have a total built-up area of 5,360 sq ft and a land area of approximately 2,870 sq ft, with an 11.4m-wide frontage along Perak Road. Features include mezzanine space and approval for usage as a backpackers’ hostel.

Gracelynn Zhu of PropNex Shophouse Elites, which is marketing the property, notes that given their well-kept condition and strategic location in District 8, surrounded by amenities and close to Bugis, the properties enjoy strong rental demand. The property is currently being offered via tender with a guide price of $13 million, which works out to $2,425 psf.

With the recovery of the tourism sector gaining strong momentum, Zhu believes the properties may be ideal for hostel operators as well as investors seeking assets that can provide strong rental and capital growth. She estimates that the shophouses could potentially bring in a gross rental yield of over 3%.

The vendor is looking to sell the shophouses with vacant possession, giving the new owner the opportunity to decide which type of tenant profile they will choose for the property. Being zoned for commercial use, no additional buyer’s stamp duty is applicable on the purchase of the properties.

With the tender for the property closing on May 8 at 3pm, it presents an excellent opportunity to obtain a well-maintained, conveniently located asset. Interested parties may expect to capture rising rental demand as well as potential capital value appreciation in the future.…

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

Sandeep Sethi has been appointed as the division president of JLL’s Work Dynamics for Asia Pacific. This business unit provides clients with services concerning the whole real estate life cycle such as integrated facilities management, construction management services, sustainability and workplace consulting, workplace experience and lease transaction management. Sethi’s role will expand from his current managing director and head of Work Dynamics in West Asia.

He has worked in the corporate sector for over 27 years, which includes 10 years of experience at JLL. During this period, he has been successful in building client relationships, and is currently in charge of 160 million sq ft of office space across 1,500 clients in countries such as India, Sri Lanka, Mauritius, and Bangladesh.

With this promotion, Sethi will now be responsible for the North Asia market as well. His responsibilities include growing JLL’s market share in China and Hong Kong, in addition to providing services to clients. He will be based in Gurgaon, and will report to Susheel Koul, the CEO of Work Dynamics for Asia Pacific.

Koul commented, “Sandeep is an established leader and a respected client advisor with an astute understanding of the dynamic nature of commercial real estate. His appointment reinforces JLL’s commitment to developing and elevating our people to serve our rapidly diversifying client base across Asia Pacific.”

This promotion is evidence of JLL’s commitment to the development of the Work Dynamics business in the region, as well as to their people. This is especially pertinent, as the Asia Pacific region is expecting less in terms of real estate investments for the year 2022, due Bukit Batok EC to interest rate hikes and a cooling sentiment, as reported by JLL.

However, investors in the region remain eager to take advantage of opportunistic deals in 2023, as reported by CBRE. With Sandeep Sethi taking on the role of division president of Work Dynamics in Asia Pacific, JLL looks set to make the most of the prospective investment opportunities that the region has to offer.…

Slow start to 2023 for real estate investment sales amid market uncertainties: Knight Frank

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Singapore’s real estate investment scene got off to a slow start of $4.2 billion in quarter one of 2023, according to global real estate firm Knight Frank. This marked a decrease of 61% year over year compared to 1Q2022’s $10.8 billion and is the lowest quarterly total since 2Q2020, when the government enforced “circuit breaker” measures.

Residential deals amounted to $1.6 billion in the first quarter, including the collective sales of Meyer Park, Bagnall Court and Holland Tower which totalled some $583.8 million. The sale of Holland Tower is the first successful residential en bloc transaction in the Core Central Region (CCR) since property cooling measures were imposed in December 2021, indicating a return of interest for prime location development sites.

However, Chia Mein Mein, Head of Capital Markets (Land & Collective Sale) at Knight Frank Singapore, notes that the en bloc environment remains challenging due to the gulf in price expectations between sellers and developers. From 2021 until now, collective sales have had a success rate of around 33%, compared to the en bloc sales success rate of 63%, during the period of 2017 to 2018.

The commercial market saw minimal action in 1Q2023, with the sale of 39 Robinson Road to Yangzijiang Shipbuilding amounting to $399 million, while Frasers Centrepoint Trust and Frasers Property acquired a 50% stake in Nex for $652.5 million.

Industrial sector investment sales rose 62.8% quarter to quarter to $681.1 million, due to the market turning away from commercial properties and awaiting a repricing of assets. Notable deals in this sector include the acquisition of four Cycle & Carriage properties by M&G Real Estate at approximately $333 million,
and the disposal of 12 and 31 Tannery Lane by Ho Bee Land for $115 million.

Knight Frank predicts the pace of investment activity in Singapore to worsen before improving due to macroeconomic uncertainties and volatility in the global banking sector. Financing is becoming more difficult for buyers, investors, developers, and banks, and will remain so until signs of stabilisation appear in the global economy and financial conditions.

With this in consideration, Knight Frank has amended its projections for full-year investment sales from a range between $22 billion and $25 billion to a range between $20 billion and $22 billion. Investors are likely to remain cautious while they wait for early signs of repricing before making decisions.…

Shipyard at Benoi Road for sale at $11.3 mil

The property at 1 Benoi Road in Singapore is being launched for sale via an expression of interest (EOI) exercise at a guide price of $11.3 million. Located at the junction of Benoi Road and Pioneer Road, within the Jurong Industrial Estate and approximately 24km from the City Centre, it has a site area of over 500,000 sq ft and convenient access to the Ayer Rajah Expressway and Pan-Island Expressway.

The property includes a two-storey office block with a single-storey annexe office, three blocks of single-storey workshop, a mould loft building, a fabrication workshop and wharf, making it suitable for shipbuilding, ship or vessel repair and maintenance. It has a regular shape with a corner frontage of about 255m on Benoi Road and Pioneer Road and an average plot depth of about 213m. To the east, it has a roughly 230m frontage along the waterfront with a generally flat contour.

Joo Koon MRT Station is a five-minute drive away, while housing estates such as Jurong East, Jurong West, Bukit Batok and Boon Lay Gardens are located nearby.

Recent transactions of industrial property on Benoi Road show a 328,105 sq ft plot at 5 Benoi Road being sold in December 2020 at $10.5 million. In February this year, a shipyard with a site area of about 1.5 million sq ft at 55 Gul Road was acquired by ST Engineering for $95 million, which is about a 10-minute drive from 1 Benoi Road.

Isabel It, associate division director of Huttons Asia, asserts that the property is ideal for businesses looking to expand their operations, as a plot of land of such size meant for vessel building or maintenance usage is rarely available for sale.

The sale of the property is however subject to approval from relevant authorities. The EOI exercise for the property will close on April 27 at 3pm.

Given its excellent location, size and potential usage, the property at 1 Benoi Road could spark potential investors’ interest. As such, the market should remain optimistic in the bold venture.

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Check out the latest listings near Benoi Road, Jurong Industrial Estate for more information.…

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

GuocoLand to launch its 605-unit Lentor Modern this Saturday

The 99-year leasehold site located at Lentor Gardens recently drew only one bid from GuocoLand and Intrepid Investments (a subsidiary of Hong Leong Group) at the tender which closed today, with a bid of $486.8 million. This translates to a land rate of $985 psf per plot ratio (psf ppr).

A GuocoLand spokesperson shared their vision on this site, “We plan to develop a new high-end residential property with 533 units and childcare facilities of 600 sqm.” The future development will contribute to their goal to transform the Lentor Hills estate, and make it known as a premium residential area.

Mark Yip, the CEO of Huttons Asia said the $958 psf ppr bid is the lowest for a land parcel in the Lentor precinct, and this is the first residential GLS tender to see only one bid since the Silat Avenue GLS site in 2018, won by a consortium led by UOL Group for $1.035 billion. The site was launched as the 1,074-unit Avenue South Residences in September 2019 and is now fully sold.

In September last year, two other residential GLS sites at Lentor were awarded. The Lentor Central was won by a consortium comprising China Communications Construction, Soilbuild Group Holdings and United Engineers, with a bid of $481.03 million ($1,108 psf ppr). Meanwhile, a bid of $276.36 million ($1,130 psf ppr) by TID (a joint venture between Hong Leong Group and Mitsui Fudosan) was the top bid for the Lentor Hills (Parcel B), which can yield 265 units.

A GLS located at Lentor Hills Road (Parcel A) was sold at $586.6 million ($1,060 psf ppr) in January 2022. GuocoLand, Hong Leong Holdings and TID (a joint venture between Hong Leong Holdings and Mitsui Fudosan) developed the 598-unit Lentor Hills Residences from this site, which is expected to be launched soon.

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

According to Yip, bids have been on a downward trend since the launch of the first GLS at Lentor, likely because developers are mindful of the government’s efforts in selling land regularly. Additionally, developers may have been deterred by the cloudy economic outlook and risk of Additional Buyer’s Stamp Duty.

The 1H2023 GLS Programme has two more available sites in the Lentor area; one at Lentor Central with 475 units yield, which is expected to be launched for the tender this month. The other, a 500-unit residential site at Lentor Gardens, is on the Reserved List.

Leonard Tay, head of research at Knight Frank Singapore states that these seven residential sites in Lentor could bring about some 3,500 new units to the area. This would make up around 11,000 new residents in a span of three to six years. The Lentor Gardens site is situated near the Lentor MRT station and connectivity to public transport, recreational facilities such as Thomson Nature Park and Yio Chu Kang Stadium and Sports Complex, as well as the CHIJ St Nicholas Girls’ School, providing potential homebuyers with more convenience.

Steven Tan, CEO of OrangeTee & Tie thinks the launch at Lentor Gardens could see units priced around $1,950 to Luminar Grand $2,050 psf when it eventually does.

GuocoLand has established themselves as a major player in the Lentor Hills estate with their numerous projects (Photo: Samuel Isaac Chua/EdgeProp Singapore)

With this, the Lentor area is set to be transformed in the next few years, making it a prime spot for new and old residents alike.…