Condo Belle

JLL, the sole marketing agent for Ching Shine Industrial Building, has announced that the freehold property is up for collective sale by tender at a minimum price of $113 million. With a 100m frontage along Shaw Road, the building comprises of 52 strata units and sits on a land area of 49,308 sq ft with a gross floor area of approximately 137,341 sq ft.

Built in the early 1980s, the building is zoned as “Business 1” and has a gross plot ratio of 2.5 under the URA Master Plan 2019. According to JLL, more than 80% of the owners have …

When making the decision to invest in a condo, it is crucial to take into account the maintenance and management of the property. In most cases, condos come with monthly maintenance fees that are used for the maintenance and upkeep of common areas and facilities. While these fees may increase the overall cost of ownership, they also guarantee that the property is well-maintained and maintains its value. Investors can opt to engage a property management company to handle the day-to-day management of their condos, making it a more hands-off investment. For more options, you can check out Singapore Projects, …

Singapore’s leading real estate agency, PropNex, has announced a profit of $21.9 million for the second half of the financial year 2024 which ended on December 31, 2024. This represents a decline of 14.9% from the previous year. The company’s full-year earnings also declined by 14.4% to reach $40.9 million compared to the preceding financial year, FY2023.

The decrease in revenue by 6.6% in FY2024, as compared to FY2023, is attributed to the subdued property market. Despite this, in celebration of its 25th anniversary, PropNex plans to distribute a special dividend of 2.5 cents per share, in addition to a …

When purchasing a condominium, it is crucial to take into account the maintenance and management of the unit. Maintenance fees are a common aspect of condo ownership, covering the maintenance of shared spaces and amenities. These fees may increase the total cost of ownership, but they also guarantee the property’s upkeep and preservation of its value. Hiring a property management firm can assist investors in managing the daily operations of their condos, turning it into a more hands-off investment. To explore new condo options, check out New Condo Launches.

A two-storey shophouse with an attic at 209 Jalan Besar …

According to recent findings from a CBRE survey, the Asia Pacific (Apac) hotel sector is expected to continue experiencing strong investment activity in 2025. The consultancy’s 2025 Asia Pacific Hotel Investor Intentions Survey revealed that over 72% of hotel investors who were surveyed in November and December last year plan to acquire more hotel assets this year. Additionally, 45% of respondents indicated that they intend to increase their purchasing volume by more than 10% in 2025.

When contemplating an investment in a Singapore condo, it is essential to carefully examine its potential rental yield. Rental yield refers to the annual …

ETC and OrangeTee Group have recently announced their plans to merge and form a new holding company, which has yet to be named. Desmond Sim, CEO of ETC, stated that this was not an acquisition but a merging of minds. He will continue to serve as CEO of ETC, while Justin Quek, the current CEO of OrangeTee & Tie, will be the deputy group CEO of the new holding company.

Ensuring the proper maintenance and management of a condo is crucial when making an investment. Apart from the initial purchase price, condo owners also have to factor in maintenance fees, …

On February 23, UOL Group and CapitaLand Development (CLD) jointly announced that during the launch weekend of ParkTown Residence in Tampines North, 1,041 units were sold, accounting for over 87% of the total 1,193 units available for sale. According to Anson Lim, UOL’s General Manager of Residential Marketing, the average price achieved was $2,360 psf. The majority of buyers were either Singaporean homebuyers or investors.Two-bedroom and three-bedroom apartments make up 994 units (83%) of ParkTown Residence, which were the most popular unit types with 92% snapped up during the weekend.A spokesperson for UOL and CLD says, “Buyers were attracted to …

Investing in a condo in Singapore has emerged as a favored option for individuals, both local and foreign, thanks to the country’s thriving economy, stable political climate, and exceptional standard of living. The real estate market in Singapore boasts a plethora of opportunities, and among them, condos hold a prominent place due to their convenient location, luxurious amenities, and potential for impressive returns. In this article, we will delve into the advantages, essential factors to consider, and crucial steps to take when investing in a condo in Singapore. As highlighted by Condo, this type of property presents unique opportunities …

CapitaLand India Trust (CLINT) announced its plans to acquire an office project located in Nagawara, Outer Ring Road, Bangalore, for a total consideration of $233.6 million. The acquisition will be made through a forward purchase agreement with Maia Estates Offices. This move is expected to boost earnings and distributions for unitholders, with a projected net profit of $7.7 million on a stabilized basis and an increase in distribution per unit from 6.84 cents to 6.98 cents.

The office project is part of a mixed-use development that includes office and retail space. Under the terms of the forward purchase agreement, CLINT …