Month: July 2025

Most profitable transaction at Bishopsgate Residences a 3-bedder resold at $1.5 mil profit

The sale of a three-bedroom unit at Ocean Park was the highlight of the property market in the week of July 8 to 15. The spacious 2,110 sq ft apartment on the 16th floor was sold for an impressive $4.1 million, resulting in an incredible gain of $2.88 million for the seller. This translates to a profit of 234.7%, or an annualized gain of 6.3% over a span of almost 20 years.

Ocean Park is a highly sought-after freehold development situated on East Coast Road in the prestigious District 15. Boasting a completion date of 1984, this 298-unit condominium offers a variety of two- to four-bedroom units ranging in size from 1,302 sq ft to 3,897 sq ft. Centrally located, the development is within walking distance of Marine Terrace MRT Station and is also close to renowned …

A new psf price low has been hit at the freehold condo, Scotts Square, located on Orchard Road. During the week of July 4 to July 11, it was the only development on the list of projects to set a new price low. On July 7, the record-setting transaction at Scotts Square was for a 947 sq ft, two-bedroom unit on the 21st floor that was sold for $2.56 million ($2,703 psf).

This is the first time a resale unit at Scotts Square has sold for less than $2,800 psf, surpassing the previous record of $2,803 psf in 2016 for a 1,249 sq ft unit on the 18th floor.

Scotts Square is a mixed-use development in prime District 9, located between the Grand Hyatt Singapore and Singapore Marriott Tang Plaza hotels. Completed in 2011, the freehold development consists of two residential towers, 43 and 34 stories high, with a total …

The Initial Sama, a 92-unit serviced apartment and wellness compound located at 26 Evans Road, is the latest project by homegrown turn-key operator Cover Projects. The property, which was unveiled on July 21, derives its name from the Sanskrit word “sama”, meaning “balanced” or “well-maintained”. The building reconstruction, site planning, and unit layouts were designed by Cover Projects, a hospitality management company co-founded in 2015 by Lim Keong Wee, part of the Lim family that controls Malaysia’s Genting Group, and Victoria Loh. The landscape design was managed by Grant Associates, a Singapore-based landscape architect.

Investing in a Singapore condo can bring numerous advantages, making it an appealing choice for both local and foreign investors. With its high demand, potential for capital appreciation, and attractive rental yields, a condo in Singapore can offer significant returns. However, it is crucial to carefully consider various factors before making a decision. Factors such as …

The July 2025 BTO sales exercise is launching four Build-to-Order (BTO) projects, totaling 2,601 flats, which is the highest number of Prime flats offered in a single BTO exercise since October 2024. These four projects include the 498-unit Alexandra Peaks and the 609-unit Alexandra Vista in Bukit Merah, the 753-unit Clementi Emerald in Clementi, and the 741-unit Toa Payoh Ascent in Toa Payoh.

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Investing in a condominium has various advantages, one of which is the opportunity to utilize the property’s value for future investments. A significant number of investors leverage their condos as security to secure additional financing for new ventures, ultimately broadening their real estate portfolio. This approach can significantly increase returns, but it also poses potential risks. It is essential to have a well-thought-out financial plan, taking into account the potential impact of fluctuations in the market. Consider including the latest New Condo Launches to your investment …

Singapore buyers will now have the chance to invest in units at The Broadley, a new residential development in London’s desirable Marylebone neighbourhood. Set to be completed in 2029, the 215-unit project is being marketed by Savills Singapore.

The Broadley offers a variety of living options, including studio, one-, two-, and three-bedroom apartments. Prices for these units start from GBP599,000 ($1.03 million) for studios, GBP731,000 for one-bedrooms, GBP982,000 for two-bedrooms, and GBP1.86 million for three-bedrooms, according to Savills.

The development is a joint venture between London-based developer Mount Anvil and the Westminster City Council. It forms part of Westminster’s GBP1.3 billion Church Street regeneration zone, which will see the creation of new homes, retail spaces, green areas, and public amenities. “The Church Street regeneration will bring about a major transformation, and The Broadley will be the first to benefit from it,” says Ruben Koh, senior director and head of international …

Over the weekend of July 19–20, Canberra Crescent Residences, a joint venture development by Kheng Leong Co. and Low Keng Huat, opened its doors for a preview, drawing a crowd of over 4,000 visitors. The highly anticipated 376-unit private condominium, located on Canberra Crescent in the northern region, is set to be officially launched on August 2.

Spread out over a 219,985 sq ft, 99-year leasehold site, the development comprises four 12-storey blocks, offering a diverse range of one- to four-bedroom units. The first storey of three blocks has only three one-bedroom units (409 sq ft) up for grabs, with prices starting from $880,000, or $2,152 psf.

The development also features 94 one- and two-bedroom units, accounting for 25% of the total units. This includes 23 two-bedroom compact units (570 sq ft) and 68 two-bedroom premium units (667 sq ft), priced from $1.11 million, or $1,950 psf.

The bulk of …

A spacious double-storey detached house located at 26 Moulmein Rise, in the highly coveted Novena area of prime District 11, is currently on the market for sale at $55 million. This impressive property boasts a large freehold site measuring 12,012 sq ft, with a gross plot ratio of 2.8 and a maximum permissible gross floor area (GFA) of approximately 35,989 sq ft. This translates into a land rate of $1,605 psf per plot ratio (psf ppr), which includes the bonus GFA for balconies and land betterment charges.

Investing in a condo has its advantages, one of which is the opportunity to leverage the property’s value for further investments. Numerous investors take advantage of this by using their condo as collateral to secure additional financing for new investments, ultimately increasing their real estate portfolio. While this tactic can potentially increase returns, it also carries risks. It is imperative to have a …

A cluster of four-storied conservation shophouses, collectively known as The Platinum, located at 44, 46 and 48 Upper Cross Street, has been put up for sale through expression of interest (EOI) at an asking price of $55 million.The shophouses, which span a total of four storeys, are situated directly across from Chinatown Point and Chinatown MRT Station on the Downtown Line. They were originally built in the 1930s by the former Singapore Improvement Trust to serve as quarters for staff working in the Customs (Revenue Department).In 2002, the Urban Redevelopment Authority (URA) offered the shophouses on Upper Cross Street, Mosque Street and New Bridge Road for sale on a 99-year leasehold basis. The intention was for these properties to be preserved and transformed into commercial spaces. The properties were divided into 10 different parcels, with two or three shophouses grouped together in each parcel. Five of these parcels were sold …

Canberra Crescent Residences, a development by Kheng Leong Co. and Low Keng Huat, attracted a large crowd of over 4,000 visitors at its preview over the weekend of July 19-20. The project, consisting of 376 private condominium units, is set to launch on August 2.Located on Canberra Crescent in the northern region, the 99-year leasehold development covers 219,985 sq ft and comprises four 12-storey blocks. It offers a variety of one- to four-bedroom units, with only three one-bedroom units (409 sq ft) situated on the first storey of three blocks. Prices for the one-bedroom units start from $880,000, or $2,152 psf.Read also: Kheng Leong and Low Keng Huat JV to preview Canberra Crescent Residences at prices from $1,880 psfAdvertisementAdvertisementA total of 94 units (25%) are made up of one- and two-bedroom units, including 23 two-bedroom compact units (570 sq ft) and 68 two-bedroom premium units (667 sq ft). Prices for …

Over the July 19-20 weekend, The Robertson Opus, a joint project between Singapore-listed Frasers Property and Japanese developer Sekisui House, was launched for sale. As of Sunday, July 20 at 6pm, 143 units, or 41% of the 348-unit development, had already been sold at an average price of $3,360 psf.

Getting the right financing is a crucial factor when it comes to investing in a condo. In Singapore, there are various mortgage solutions available, but it is crucial to keep in mind the Total Debt Servicing Ratio (TDSR) framework. This framework restricts the size of loans that a borrower can obtain, taking into account their income and current debt commitments. Being well-informed about the TDSR and seeking guidance from financial advisors or mortgage brokers can assist investors in making sound decisions regarding their financing options and avoid becoming overextended. Additionally, taking into consideration Singapore Projects can also be helpful in …