Month: August 2022

Profitable neighbours of unprofitable condominiums

Additionally, the bulk of Bedok residents are in between 45 as well as 64 years old. Residents who are between 25 as well as 34 years of age and also teens also make up a considerable team.

It is notable that Caribbean at Keppel Bay has only three unprofitable deals over the past 12 months compared to 62 unprofitable purchases for its next-door neighbor Reflections at Keppel Bay. In addition, systems at Reflections at Keppel Bay are bring approximately $1,700 psf– $23 psf greater than Caribbean at Keppel Bay.

Eco as well as Urban Vista are located within 500m of each other in District 16 and the Bedok planning area. Both are leasehold condos; but Eco is a year younger than Urban Vista, having gotten TOP in 2017. Close-by amenities for both consist of Tanah Merah MRT Station (East-West Line or EWL), East Village as well as Anglican High School.…

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Paya Lebar Airbase to make way for future town with 150,000 new homes

When Paya Lebar Airbase vacates in the 2030s, it will certainly be redeveloped right into a brand-new community with around 150,000 new homes, claims Prime Minister Lee Hsien Loong, at the National Day Rally on Aug 21.
Read also: The following phase in Paya Lebar’s advancement

The relocation of the airbase to Changi was introduced in the National Day Rally of 2013. Paya Lebar Airport formally opened up in 1955, and was Singapore’s initial commercial worldwide airport terminal prior to Changi Airport was developed. In 1981, Paya Lebar Airport was exchanged a military airbase.

Artist’s impact of future community with main back on the website of the Paya Lebar Airbase when it’s moved

” It will certainly not happen overnight,” states Lee. “But over years, we can entirely reimagine the Eastern part of Singapore.”.

The relocation of the airbase will certainly also imply several of the building elevation limitations around …

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Sky Everton hits new psf price high of $3,406 psf

A six-bedroom, 2,228 sq ft penthouse at Sky Everton was sold for $7.59 million ($ 3,406 psf) on July 26
The growth was launched up for sale in June 2019, with greater than 40% of units sold during its launch weekend at a typical cost of around $2,500 psf. According to analysis on EdgeProp Singapore’s research study tool, the task has seen fairly constant sales and prices have slowly risen to an average of $2,865 psf in the last 12 months as of August.

The sale of a six-bedroom penthouse at Sky Everton fetched a new psf price. The 2,228 sq ft system was sold by designer SL Funding– a joint venture of Sustained Land, Ho Lee Group, Kwong Lee Land and also Penjuru Resources– for $7.59 million on July 26, which works out to $3,406 psf.

Panorama Floor Plan

Sky Everton is a freehold growth located on Everton Road …

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Freehold shophouse in Geylang on the market for $18 mil

Panorama Floor Plan

The structure remains on a 5,583 sq ft website and has a flooring location of about 12,000 sq ft. Thus, the asking rate translates to a land rate of $3,224 psf, or about $1,500 psf on the floor location.

The shophouse is close to Kallang and also Aljunied MRT Stations on the East-West Line. Nearby mall include Paya Lebar Quarter, Paya Lebar Square, as well as SingPost Centre.

The site is zoned for household usage or institutional use with a gross plot proportion of 2.8, and an allowable elevation of as much as 8 storeys, based upon the current Master Plan. According to the advertising representative, the shophouse is presently completely tenanted.

An estate shophouse at 6 Lorong 19 Geylang has been offered by means of expression of passion with a $18 million asking price. The home is marketed by Mount Everest Properties.

Based upon EdgeProp’s Landlens …

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