Author: grandsolutions

Despite macroeconomic uncertainties that dampen demand for office space causing large space users to “generally press the pause button” for expansionary and relocation plans, Grade A office rents in Singapore’s Central Business District (CBD) saw a 1% q-o-q increase in 1Q2023 to an average of $11.30 psf per month (psf pm). This marks a second consecutive quarter of slowed growth following five straight quarters of growth previously.

Andrew Tangye, Head of Office Leasing and Advisory at JLL Singapore, attributes the current cautious mood of occupiers to the macroeconomic environment. Leasing activity in 1Q2023 was mainy driven by small-to-medium-sized space occupier with immediate requirements such as new market entrants and those looking to accommodate new workplace design or increased hirings that took place in 2022. Such occupiers include Munich Re and Corney & Barrow.

Despite the current cautious mood, occupancy of Grade A office space remains tight, with some occupiers seizing …

.A charming, riverfront-facing property in the heart of Singapore’s CBD has been sold for a whopping price of $37 million, following strong interest from investors. Savills Singapore brokered the deal, which saw the seller gain massive profits of $16 million since their purchase in June 2018 for $21.35 million.

Situated at 52 Boat Quay, the six storey shophouse features a total built-up area of 6,446 sq ft and occupies a 1,119 sq ft site. After undergoing extensive renovations in 2015, the commercial space is now modern and well-equipped. Braci, an Italian restaurant, occupies the top two floors while the ground floor houses an Izakaya bar. The second and fourth floors have corporate office tenants.

Yap Hui Yee, the executive director of investment sales and capital markets at Savills Singapore, noted the overwhelming interest displyed by investors and highlighted the rarity of a riverfront-facing property available for sale in the tightly …

The upcoming Bukit Batok Executive Condominium (EC) has recently been gaining attention from potential EC buyers. This is largely due to the successful launch of the highly sought-after Copen Grand EC in 2019. Situated in the mature estate of Bukit Batok, the Bukit Batok EC is highly anticipated to be the next hot property in the area.

The Bukit Batok EC is located in the heart of Bukit Batok and is accessible to a wide selection of amenities and facilities. Residents can easily access a variety of amenities such as shopping centres, supermarkets, and eateries. The Bukit Batok MRT station is also within a short walking distance, making it ideal for Bukit Batok EC commuters. In addition, the Bukit Batok Nature Park is located close by and provides residents with a peaceful respite from the hustle and bustle of city living.

The upcoming Bukit Batok EC is expected to be …

Bukit Panjang is a residential area located in the western part of Singapore, and it is known for its affordable housing options and convenient public transportation. During recession times, properties in Bukit Panjang tend to be more attractive to buyers due to a variety of reasons.

Firstly, Bukit Panjang is known for its affordability when compared to other areas in Singapore. During recession times, households may be more inclined to purchase properties in Bukit Panjang due to its lower price points, thereby allowing them to save money. Furthermore, these households are likely to be able to find properties in Bukit Panjang that they can comfortably afford even during an economic downturn due to Bukit Panjang’s relative affordability.

In addition, Bukit Panjang is well-connected to public transportation, making it an attractive option for those who need to commute to work or school. This is especially important during an economic downturn, as …

Two residential sites in the 1H2023 Government Land Sales Programme have been launched for sale, with a tender closing date of One Sophia July 18. The Jalan Tembusu site spans 20,572.1 sqm (221,436 sq ft) and has a gross plot ratio of 3.5, with a maximum gross floor area (GFA) of 72,003 sqm (775,034 sq ft). It can generate about 840 housing units.

The other site, located at Tampines Street 62 (Parcel B), measures 28,000.2 sqm (301,392 sq ft) and has a gross plot ratio of 2.5 with a maximum GFA of 70,001 sqm (753,484 sq ft). It can offer up to 700 units.

OrangeTee & Tie CEO Steven Tan believes the Jalan Tembusu site is well-located and close to the upcoming Tanjong Katong MRT Station on the Thomson-East Coast Line. It is also close to several schools, ie: Chung Cheng High School (Main), Tanjong Katong Girls’ School, and Tanjong …

Bukit Panjang is a suburban town located in the North-West Region of Singapore. It is known for its vibrant and diverse educational institutions. The town’s many educational institutions have helped to create an environment of learning and growth, providing students of all ages and backgrounds with the opportunity to pursue their educational goals.

When it comes to primary and secondary schools, Bukit Panjang is home to a number of reputable institutions. Primary schools such as Bukit Panjang Primary School, Bukit View Primary School, and Fajar Primary School offer a sound foundation for young students and are known for their commitment to quality education. The town also hosts several secondary schools, including Bukit Panjang Government High School, Zhenghua Secondary School, and Hwa Chong Institution. Each of these schools provides a unique learning experience for students, with specialized curriculums, extracurricular activities, and other educational opportunities.

Bukit Panjang is also home to a …

Bukit Panjang is a vibrant new town located within Singapore’s North-West region. Home to a diverse population of over 20,000 people, Bukit Panjang is a melting pot of cultures, religions and cuisines. From local delights to international flavours, the town offers an exquisite culinary tour for foodies.

The town is home to a variety of hawker centres and eateries, offering a wide range of dishes from local delights like Chinese, Malay and Indian cuisine, to international favourites like Italian and Japanese. Visitors can find anything from traditional Hainanese chicken rice to modern fusion dishes like Nasi Lemak Spaghetti. There are even vegan and vegetarian options for those looking for a healthier alternative.

In addition to its delicious food, Bukit Panjang is also known for its cultural and religious landmarks. The area is home to several temples, mosques and churches, reflecting the diversity of the local population. Visitors can explore the …

Bukit Panjang is a picturesque haven nestled in the heart of Singapore. This peaceful suburban community is a great place to escape the hustle and bustle of the city. With its scenic beauty, adventure, and recreation, Bukit Panjang is the perfect retreat for anyone looking for a peaceful and tranquil getaway.

Bukit Panjang is home to a number of parks and nature reserves that offer breathtaking views of the city skyline and a variety of outdoor activities. The Bukit Timah Nature Reserve is a great spot for bird watching, hiking, and exploring the many trails and wildlife. The Bukit Batok Nature Park is a great place to relax and take in gorgeous views of the surrounding area. The Chestnut Nature Park is also a popular spot for outdoor enthusiasts, offering a range of trails to explore and plenty of wildlife.

Bukit Panjang also offers a variety of hiking trails that …

Bukit Panjang is a new town situated in the North-western part of Singapore. It is home to a diverse population and has a unique history, culture, and biodiversity.

The history of Bukit Panjang can be traced back to the 1800s, when the area was home to the Teochew and Hokkien Chinese settlers. The settlers were drawn to the area due to its fertile lands and abundance of freshwater rivers. The area was also home to a number of rubber plantations, which were an important source of income for the community.

Today, Bukit Panjang is known for its diverse and vibrant culture. The area is home to a wide range of ethnic and cultural groups, such as Peranakan, Chinese, Malay, Indian and Eurasian. This diversity is reflected in the architecture, cuisine, art, and other aspects of life in the area.

Bukit Panjang is also home to a unique biodiversity. The area …

Bukit Panjang New Town is located in the western region of Singapore, and is one of the most alluring and vibrant towns in the country. It has a rich history and culture, and is home to a variety of amenities, transportation, parks, shopping malls, educational institutions, places of worship, and medical care.

Amenities are plentiful in Bukit Panjang. The town is home to a wide array of restaurants and cafes, as well as a variety of recreational activities. The Bukit Panjang Community Club is a great place to meet up with friends, take part in sports and leisure activities, and enjoy a variety of performances or cultural events. The town also has several supermarkets, a wet market, and a number of convenience stores.

Transportation is convenient in Bukit Panjang, with the Bukit Panjang LRT station providing easy access to the rest of Singapore. The town also has a number of …